The ONE Group Reports Third Quarter 2023 Financial Results
The ONE Group Hospitality, Inc. (“The ONE Group” or the “Company”) (Nasdaq: STKS) today reported its financial results for the third quarter ended September 30, 2023.
- The ONE Group Hospitality, Inc. (“The ONE Group” or the “Company”) (Nasdaq: STKS) today reported its financial results for the third quarter ended September 30, 2023.
- Hilario continued, “We finished the quarter with over $22.0 million in cash, and we are entering our peak sales quarter for the year.
- Pre-opening expenses were $3.1 million in the third quarter of 2023 compared to $2.7 million in the third quarter of 2022.
- During the quarter ended September 30, 2023, the Company purchased 0.5 million shares for aggregate consideration of $3.5 million.