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Stock impact report

The ONE Group announces preliminary Q4 and FY18 sales results [Seeking Alpha]

The ONE Group Hospitality, Inc. (STKS) 
Last the one group hospitality, inc. earnings: 3/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.togrp.com
Company Research Source: Seeking Alpha
The ONE Group announces preliminary Q4 and FY18 sales resultsThe ONE Group Hospitality (NASDAQ:STKS)announced preliminary sales for Q4 and FY18.Q4 expected GAAP revenues to be ~$25M (+16% Y/Y).Q4 domestic comparable sales +15% Y/Y, consisting of 14.9% increase in domestic owned and 15.6% increase in domestic managed restaurants.FY18 expected GAAP revenue to be ~$85M (+7% Y/Y).FY18 domestic comparable sales +9.4%, consisting of a 9.7% increase in domestic owned restaurants and an 8.8% increase in domestic managed restaurants.US STK brand restaurant sales rose to $101M.The Company expects to release financial and operating results for its Q4 and FY18 in March 2019.Click to subscribe to real-time analytics on STKSNow read:MTY Food Group: Buy One, Get One Free »Subscribefor full text news in your inbox Show less Read more
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