Kona Grill

The ONE Group Reports First Quarter 2024 Financial Results

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星期二, 五月 7, 2024
Retail, Restaurant, Bar, Food, Beverage, Net income, Depreciation, City, Kona Grill, Environment, Acquisition, STK, Share repurchase, Adjustment, GAAP, G&A, Growth

The ONE Group Hospitality, Inc. (“The ONE Group” or the “Company”) (Nasdaq: STKS) today reported its financial results for the first quarter ended March 31, 2024.

Key Points: 
  • The ONE Group Hospitality, Inc. (“The ONE Group” or the “Company”) (Nasdaq: STKS) today reported its financial results for the first quarter ended March 31, 2024.
  • Consolidated comparable sales* decreased 7.9% in the first quarter of 2024 compared to the first quarter of 2023.
  • Restaurant Operating Profit*** increased $0.3 million or 2.0% to $13.2 million in the first quarter of 2024 from $12.9 million in the first quarter of 2023.
  • Pre-opening expenses were $2.9 million in the first quarter of 2024 compared to $1.3 million in the first quarter of 2023.

Jones Soda Announces Food Service Division Led by Market Veteran Victor Petrone, with Dot Foods, Green Nature Marketing and Ignite Brand Advisors Partnerships

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星期四, 二月 15, 2024
Kroger, OTCQB, Comprehensive, Restaurant, Kona Grill, Lunch, STK, Marketing, Kum & Go, Food, Nature, Jones Soda, SLC, NACS, Walmart, Eating, Dot Foods, Imagination, Taste, Food industry, Soft drink

SEATTLE, Feb. 15, 2024 /PRNewswire/ --  Jones Soda Co. (CSE: JSDA, OTCQB: JSDA), the original craft soda known for its great taste, unconventional flavors, and user-submitted photo labels, today announced a new food service division that expands the iconic brand beyond retail grocery to bars, restaurants, and other full service, quick service, eating and drinking organizations.

Key Points: 
  • The new division is led by industry veteran Victor Petrone, Managing Director of Food Service/Hospitality at Jones, with top redistributor Dot Foods, notoriously selective of suppliers, broker Green Nature Marketing, and small format retail broker Ignite Brand Advisors as partners.
  • "Our partnerships with Dot Foods, Green Nature and Ignite Brand Advisors lay a strong foundation for our expansion to food service, with Victor's in-depth expertise at the helm.
  • "Green Nature Marketing is thrilled to partner with Jones Soda," says Nick Dionne, Vice President of Green Nature Marketing.
  • The new food service division at Jones Soda is the first time the company has expanded into food service.

The ONE Group Reports Third Quarter 2023 Financial Results

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星期二, 十一月 7, 2023
Retail, Restaurant, Bar, Adjustment, Formula One Group, Kona Grill, Food, EBITDA, Share repurchase, GAAP, Environment, Growth, City, STK, COVID-19, F&B, Marketing, Depreciation, Investment, Hargeisa Group Hospital, Satellite navigation device, Video game, Bookkeeping, Tourism, Fast food

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.

Key Points: 
  • 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.

The ONE Group Hospitality Inc. Opens Third Arizona Kona Grill Location

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星期二, 十月 24, 2023
Retail, Restaurant, Bar, Suite, Realty One Group, Kona Grill, Operation, Lunch, Hospitality industry, Fast food, Jiaozi, Phoenix

The ONE Group Hospitality, Inc. (Nasdaq: STKS) known for being the global leader in Vibe Dining, opened their third Kona Grill in Arizona at 21001 N. Tatum Blvd., Suite 4, Phoenix, AZ 85050.

Key Points: 
  • The ONE Group Hospitality, Inc. (Nasdaq: STKS) known for being the global leader in Vibe Dining, opened their third Kona Grill in Arizona at 21001 N. Tatum Blvd., Suite 4, Phoenix, AZ 85050.
  • We’re proud of this beautiful space and know locals will enjoy the exceptional experiences that America’s Favorite Grill is known for,” said Emanuel “Manny” Hilario, President and CEO of The ONE Group.
  • Hours of operation for Kona Grill Desert Ridge are as follows:
    Hours of Operation | Monday-Thursday 11:00am-12:00am, Friday 11:00am-1:00am, Saturday 10:00am-1:00am, Sunday 10:00am-11:00pm.
  • Happy Hour | Monday-Friday 2:00pm-6:00pm, Everyday 9:00pm-close
    For more information or to book a table at Kona Grill Desert Ridge, visit www.KonaGrill.com .

The ONE Group Reports Second Quarter 2023 Financial Results

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星期四, 八月 3, 2023
Luxury, Wine & Spirits, Restaurant, Bar, Food, Beverage, Other Travel, Lodging, Retail, Destinations, Travel, San Francisco, Formula One Group, Share repurchase, OH, COVID-19, Hargeisa Group Hospital, G&A, GAAP, The, EBITDA, Investment, Net income, Depreciation, Growth, Adjustment, STK, Cryptocurrency, Video game, Reinsurance, Tourism, Bookkeeping, Kona Grill, Phoenix

The ONE Group Hospitality, Inc. (“The ONE Group” or the “Company”) (Nasdaq: STKS) today reported its financial results for the second quarter ended June 30, 2023.

Key Points: 
  • The ONE Group Hospitality, Inc. (“The ONE Group” or the “Company”) (Nasdaq: STKS) today reported its financial results for the second quarter ended June 30, 2023.
  • Total GAAP revenues increased $2.3 million, or 2.8%, to $83.4 million in the second quarter of 2023 from $81.1 million in the second quarter of 2022.
  • Total owned restaurant net revenues increased $3.0 million, or 3.9%, to $79.9 million in the second quarter of 2023 from $76.9 million in the second quarter of 2022.
  • Adjusted EBITDA** decreased $1.8 million, or 17.6%, to $8.5 million in the second quarter of 2023 from $10.4 million in the second quarter of 2022.

The ONE Group Reports First Quarter 2023 Financial Results

Retrieved on: 
星期四, 五月 4, 2023
Restaurant, Bar, Wine & Spirits, Lodging, Destinations, Travel, Food, Beverage, Luxury, Retail, San Francisco, Formula One Group, Share repurchase, OH, COVID-19, Hargeisa Group Hospital, GAAP, STK 40 AGL, Kona Grill, History, EBITDA, Investment, Net income, Depreciation, Growth, Adjustment, STK, Cryptocurrency, Video game, Bookkeeping, Fast food

The ONE Group Hospitality, Inc. (“The ONE Group” or the “Company”) (Nasdaq: STKS) today reported its financial results for the first quarter ended March 31, 2023.

Key Points: 
  • The ONE Group Hospitality, Inc. (“The ONE Group” or the “Company”) (Nasdaq: STKS) today reported its financial results for the first quarter ended March 31, 2023.
  • “We are pleased with our first quarter results which include double-digit top-line growth, positive comparable sales, and growth in adjusted EBITDA.
  • Adjusted EBITDA** increased $0.1 million, or 1.0%, to $10.9 million in the first quarter of 2023 from $10.8 million in the first quarter of 2022.
  • In the quarter ended March 31, 2023, the Company purchased 0.1 million shares for aggregate consideration of $0.7 million.

The ONE Group Reports Fourth Quarter and Full Year 2022 Financial Results

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星期四, 三月 9, 2023
Luxury, Wine & Spirits, Restaurant, Bar, Food, Beverage, Other Travel, Lodging, Retail, Destinations, Travel, Adjustment, Share repurchase, Hargeisa Group Hospital, Net income, Comparable, Growth, Accounting, STK, GAAP, OH, EBITDA, Public expenditure, Investment, COVID-19, Formula One Group, Depreciation, Cryptocurrency, Video game, Reinsurance, Food delivery, Financial services, Kona Grill

The ONE Group Hospitality, Inc. (“The ONE Group” or the “Company”) (Nasdaq: STKS) today reported its financial results for the fourth quarter and full year ended December 31, 2022.

Key Points: 
  • The ONE Group Hospitality, Inc. (“The ONE Group” or the “Company”) (Nasdaq: STKS) today reported its financial results for the fourth quarter and full year ended December 31, 2022.
  • Total GAAP revenues increased $4.2 million, or 5.0%, to $88.3 million in the fourth quarter of 2022 from $84.1 million in the fourth quarter of 2021.
  • Consolidated comparable sales* decreased 3.1% from the fourth quarter of 2021 and increased 46.2% from the fourth quarter of 2019.
  • Adjusted EBITDA** decreased $0.3 million, or 2.0%, to $13.0 million in the fourth quarter of 2022 from $13.3 million in the fourth quarter of 2021.

The ONE Group Opens Virtual Locations of its Hit Dining Concepts, Kona Grill and Bao Yum, in Partnership with REEF Technology

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星期一, 八月 1, 2022
Delivery Services, Online Retail, Retail, Other Retail, Restaurant, Bar, Food, Beverage, Formula One Group, Seafood, Kona Grill, Coffee, STK, Instagram, DoorDash, CEO, Partnership, Pork belly, Breakfast, Drink, CST, ONE, Lunch, Restaurant, Company, Uber Eats, Nasdaq, Macadamia, Hargeisa Group Hospital, Cheese, Fast food, Hotel, Salad

The partnership will enable The ONE Group to further expand and capture a new customer base, while bringing the flavors of Kona Grill and Bao Yum to the Austin community.

Key Points: 
  • The partnership will enable The ONE Group to further expand and capture a new customer base, while bringing the flavors of Kona Grill and Bao Yum to the Austin community.
  • Austin locals can order from Kona Grill and Bao Yum Monday through Sunday from 12:30 p.m. to 2:00 a.m. CST via all major third-party delivery platforms, including DoorDash and Uber Eats.
  • "Were really looking forward to expanding this collaboration and delivering the Kona Grill and Bao Yum experience to even more communities.
  • With Instagram-ready wall dcor and ecologically-minded packaging, Bao Yum brings Vibe Dining to an entirely new level with an altogether frictionless dining experience.

Starco Brands (STCB) Announces Partnership with The ONE Group (STKS)

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星期三, 七月 13, 2022
Com One group, Restaurant, The Summer Solstice, Multimedia, Refrigeration, Vanilla, Seafood, CEO, Mocha, Summer solstice, Gold, Kona Grill, Nasdaq, STK, Lunch, Behavior, Partnership, Hospitality industry, Vibe

SANTA MONICA, Calif., July 13, 2022 /PRNewswire/ -- Starco Brands announces an exciting and strategic partnership with WhipshotsTM and the global hospitality company, The ONE Group. Whipshots is a groundbreaking vodka-infused whipped cream co-founded by the global artist Cardi B. The ONE Group develops and operates upscale and high-energy restaurants and lounges and through the partnership, STK Steakhouse and Kona Grill restaurants will offer Whipshots as a premium and fun addition to cocktails and desserts.

Key Points: 
  • SANTA MONICA, Calif., July 13, 2022 /PRNewswire/ -- Starco Brands announces an exciting and strategic partnership with WhipshotsTMand the global hospitality company, The ONE Group.
  • To launch the partnership, The ONE Group hosted the Summer Solstice, an activation at all STK Steakhouses and Kona Grill restaurants across the country.
  • "We are thrilled to have Whipshots added to STK and Kona Grill families," says Manny Hilario, President and CEO of The ONE Group.
  • This partnership with The One Group is a significant milestone for the brand," says Ross Sklar, CEO of Starco Brands.

The ONE Group Hospitality, Inc. Provides Business Update

Retrieved on: 
星期四, 六月 3, 2021
Lodging, Destinations, Travel, Public relations, Investor relations, Casino, Gaming, Food, Beverage, Entertainment, Communications, Retail, Restaurant, Bar, Other Travel, Kona Grill, Kona, Ibiza, Lluís Companys, Restaurants, Spanish politicians, Government of Spain

The ONE Group Hospitality, Inc. (The ONE Group or the Company) (Nasdaq: STKS) provides a business update in advance of the Companys participation at three investor conferences.

Key Points: 
  • The ONE Group Hospitality, Inc. (The ONE Group or the Company) (Nasdaq: STKS) provides a business update in advance of the Companys participation at three investor conferences.
  • As of May 31st, quarter-to-date comparable sales* in 2021 compared to 2019 increased 35.2% on a consolidated basis, 49.2% for STK and 22.0% for Kona Grill.
  • All of the Companys non-seasonal international venues are open, and STK Ibiza will open for the summer vacation season in June.
  • *Comparable sales represent total U.S. food and beverage sales at owned and managed units opened for at least a full 18-month period.