By Daniella Parra
The ONE Group Hospitality, Inc. (Nasdaq: STKS) said second quarter 2025 total GAAP revenue increased increased 20.2% to $207.4 million.
Adjusted EBITDA increased 7.3% to $23.4 million from $21.8 million and Benihana Same Store Sales increased 0.4%, they said.
“We are focused on accelerating same store sales growth and pursuing asset-light and low-cost expansion strategies that enhance capital efficiency and balance sheet strength,” Emanuel Hilario, the company’s President and CEO, said. “We recently opened our second franchised Benihana Express location in Miami, Florida, allowing us to expand our Benihana brand without deploying capital. Looking ahead, we remain confident in our growth trajectory and are on track to open five to seven new venues this year while optimizing operations across our expanded portfolio. These initiatives reflect our ongoing efforts to increase shareholder value through a balanced and resilient operating model driven by strong top line growth and asset-light expansion.”
The company said they plan to open five to seven new venues in 2025.
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