By Karen Roman
The ONE Group Hospitality, Inc. (Nasdaq: STKS) said fourth quarter revenue increased 146.7% to $221.9 million from $89.9 million and operating income rose 158.9% to $12.8 million from $4.9 million.
The company opened six new restaurants in 2024 and plans to open five to seven more in 2025, it declared.
The ONE Group expects revenue between $200 and $205 million for Q1 2025 and adjusted EBITDA from $24 to $26 million, the company said.
“We were pleased that annual revenue and adjusted EBITDA reached the higher end of our guided ranges,” said Emanuel “Manny” Hilario, the company’s President and CEO.
Contact:
Executives-Edge.com
Editor@executives-edge.com
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。