By Daniella Parra
The ONE Group Hospitality, Inc. (Nasdaq: STKS) said first quarter 2025 total GAAP revenue increased 148.4% to $211.1 million.
The company said operating income increased $11.3 million and it plans to open five to seven new venues in 2025.
“Over the long term, we aim to balance our significant unit growth opportunities between company-owned and asset-light development, driving shareholder returns while maintaining flexibility in our balance sheet,” said Emanuel Hilario, the company’s President and CEO.
Contact:
