One Group Q2 revenue rises 20%

One Hospitality

05/08/2025 21:42

Overview

One Group Q2 revenue rises 20% to $207.4 mln, missing analyst expectations, per LSEG data

Adjusted EBITDA of $23.4 mln for Q2 misses estimates

Company reports $10.1 mln net loss, impacted by lease termination expenses

Outlook

Company expects Q3 revenue between $190 mln and $195 mln

Company forecasts full-year revenue of $835 mln to $870 mln

Company anticipates Q3 comparable sales to decline 4% to 2%

Company plans to open 5 to 7 new venues in 2025

Result Drivers

BENIHANA ACQUISITION - Revenue growth driven by successful integration of Benihana acquisition, per CEO Emanuel Hilario

SAME STORE SALES - Benihana reported a 0.4% increase in same store sales, while STK transactions rose 2.8%

LEASE TERMINATION COSTS - Net loss impacted by $5.6 mln in lease termination and exit expenses

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$207.40 mln
$208.40 mln (5 Analysts)
Q2 EPS
-$0.59
Q2 Net Income
-$10.10 mln
Q2 Adjusted EBITDA
Miss
$23.40 mln
$24.70 mln (5 Analysts)
Q2 Restaurant Operating Profit
$700,000


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the restaurants & bars peer group is "buy"

Wall Street's median 12-month price target for One Group Hospitality Inc is $5.50, about 44.9% above its August 4 closing price of $3.03

Press Release: ID:nBw9l9FCVa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)