The ONE Group Reports Fourth Quarter and Full Year 2024 Financial Results
Financial Performance Overview: The ONE Group Hospitality, Inc. reported a significant increase in total GAAP revenues for Q4 2024, rising 146.7% to $221.9 million, despite a 4.3% decrease in consolidated comparable sales. The company also experienced an operating income increase of 158.9%, but reported a net loss of $5.4 million for the quarter.
Future Plans and Development: The company plans to open five to seven new venues in 2025, starting with a Benihana location in San Mateo, California. They aim to achieve $20 million in savings by 2026 through improved operational efficiencies and cost management.
Trade with 70% Backtested Accuracy
Analyst Views on STKS
About STKS
About the author
The ONE Group Hospitality, Inc. to Hold Earnings Conference Call and Webcast for Q3 2025 at 4:30 PM ET on November 6, 2025
Conference Call Announcement: The ONE Group Hospitality, Inc. will host a conference call on November 6, 2025, at 4:30 PM ET to discuss its third quarter 2025 financial results, with a press release issued after market close that day.
Access Information: The conference call can be accessed by phone or via a webcast on The ONE Group's Investor Relations website, with replay options available until November 20, 2025.
Company Overview: The ONE Group is an international restaurant company known for upscale dining experiences, operating brands like STK, Benihana, and Kona Grill, and recognized as one of "America's Greatest Companies" by Newsweek in 2025.
Diverse Restaurant Concepts: The ONE Group offers a variety of dining experiences, including interactive teppanyaki at Benihana, modern steakhouses at STK, and vibrant sushi bars at RA Sushi, catering to both casual and upscale markets.
The ONE Group Hospitality, Inc. Names Nicole Thaung as CFO
New CFO Appointment: Nicole Thaung has been appointed as Chief Financial Officer of The ONE Group Hospitality, effective September 8, 2025, succeeding Tyler Loy, who is leaving for other opportunities.
Experience and Impact: Thaung brings over 15 years of experience with Benihana, where she has served as CFO since 2018, and is expected to play a crucial role in realizing $20 million in synergies from the Benihana acquisition, which now constitutes over 55% of the company's total revenues.
Benihana Express Opens Second Location in Miami
New Benihana Express Location: The ONE Group has opened a new Benihana Express in Miami's Bayside Marketplace, offering a fast casual dining experience with popular hibachi menu items. This is the second location in Miami, with plans for more openings in the future.
Franchise Growth Strategy: The CEO of The ONE Group emphasized that expanding Benihana Express through franchise agreements is crucial for their growth strategy, aiming to bring the brand's unique dining experience to a wider audience in a more accessible format.
Zacks Investment Ideas feature highlights: The ONE Group Hospitality and Legacy Education
Investment Opportunities: The ONE Group Hospitality (STKS) and Legacy Education Inc. (LGCY) are highlighted as promising small-cap stocks with strong growth forecasts, favorable valuations, and positive analyst sentiment amid a recovering market.
Market Performance: STKS has shown significant earnings improvement and technical momentum, while LGCY benefits from steady demand in healthcare education, making both companies attractive options for investors seeking breakout potential.
The ONE Group Hospitality (STKS) Moves to Strong Buy: Rationale Behind the Upgrade
Zacks Rank Upgrade: The ONE Group Hospitality, Inc. has been upgraded to a Zacks Rank #1 (Strong Buy) due to a significant increase in earnings estimates, indicating positive sentiment about its earnings outlook and potential stock price growth.
Earnings Estimate Revisions: Analysts have raised their earnings estimates for the company by 184.9% over the past three months, suggesting that the stock is positioned for near-term gains as it ranks among the top 5% of stocks based on estimate revisions.
Tuesday Sector Laggards: Restaurants & Eateries, Sporting Goods & Activities
Market Performance: Sporting goods and activities shares are down approximately 0.9%, with Leslie's falling by about 4.5% and Accel Entertainment decreasing by around 1.3%.
Sector Laggards: The decline in these shares is part of a broader trend affecting the restaurant and eatery sectors as well.
The ONE Group Hospitality, Inc. to Hold Earnings Conference Call and Webcast for Q3 2025 at 4:30 PM ET on November 6, 2025
Conference Call Announcement: The ONE Group Hospitality, Inc. will host a conference call on November 6, 2025, at 4:30 PM ET to discuss its third quarter 2025 financial results, with a press release issued after market close that day.
Access Information: The conference call can be accessed by phone or via a webcast on The ONE Group's Investor Relations website, with replay options available until November 20, 2025.
Company Overview: The ONE Group is an international restaurant company known for upscale dining experiences, operating brands like STK, Benihana, and Kona Grill, and recognized as one of "America's Greatest Companies" by Newsweek in 2025.
Diverse Restaurant Concepts: The ONE Group offers a variety of dining experiences, including interactive teppanyaki at Benihana, modern steakhouses at STK, and vibrant sushi bars at RA Sushi, catering to both casual and upscale markets.
The ONE Group Hospitality, Inc. Names Nicole Thaung as CFO
New CFO Appointment: Nicole Thaung has been appointed as Chief Financial Officer of The ONE Group Hospitality, effective September 8, 2025, succeeding Tyler Loy, who is leaving for other opportunities.
Experience and Impact: Thaung brings over 15 years of experience with Benihana, where she has served as CFO since 2018, and is expected to play a crucial role in realizing $20 million in synergies from the Benihana acquisition, which now constitutes over 55% of the company's total revenues.
Benihana Express Opens Second Location in Miami
New Benihana Express Location: The ONE Group has opened a new Benihana Express in Miami's Bayside Marketplace, offering a fast casual dining experience with popular hibachi menu items. This is the second location in Miami, with plans for more openings in the future.
Franchise Growth Strategy: The CEO of The ONE Group emphasized that expanding Benihana Express through franchise agreements is crucial for their growth strategy, aiming to bring the brand's unique dining experience to a wider audience in a more accessible format.
Zacks Investment Ideas feature highlights: The ONE Group Hospitality and Legacy Education
Investment Opportunities: The ONE Group Hospitality (STKS) and Legacy Education Inc. (LGCY) are highlighted as promising small-cap stocks with strong growth forecasts, favorable valuations, and positive analyst sentiment amid a recovering market.
Market Performance: STKS has shown significant earnings improvement and technical momentum, while LGCY benefits from steady demand in healthcare education, making both companies attractive options for investors seeking breakout potential.
The ONE Group Hospitality (STKS) Moves to Strong Buy: Rationale Behind the Upgrade
Zacks Rank Upgrade: The ONE Group Hospitality, Inc. has been upgraded to a Zacks Rank #1 (Strong Buy) due to a significant increase in earnings estimates, indicating positive sentiment about its earnings outlook and potential stock price growth.
Earnings Estimate Revisions: Analysts have raised their earnings estimates for the company by 184.9% over the past three months, suggesting that the stock is positioned for near-term gains as it ranks among the top 5% of stocks based on estimate revisions.
Tuesday Sector Laggards: Restaurants & Eateries, Sporting Goods & Activities
Market Performance: Sporting goods and activities shares are down approximately 0.9%, with Leslie's falling by about 4.5% and Accel Entertainment decreasing by around 1.3%.
Sector Laggards: The decline in these shares is part of a broader trend affecting the restaurant and eatery sectors as well.
