Restaurants increase convenience and give many people a place to unwind. Still, their demand can ebb and flow with the broader economy because consumers can always cook meals at home when times are tough, and the market seems to be baking in a downturn for the industry -
over the past six months, it has pulled back by 6.6%. This performance was worse than the S&P 500’s 2.3% fall.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at sit-down dining stocks, starting with Red Robin (NASDAQ:RRGB).
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at First Watch (NASDAQ:FWRG) and its peers.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Denny's (NASDAQ:DENN) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at sit-down dining stocks, starting with The ONE Group (NASDAQ:STKS).
Shares of upscale restaurant company The One Group Hospitality (NASDAQ:STKS)
fell 10.1% in the afternoon session after the company reported mixed fourth quarter results: its EPS and full-year EBITDA guidance fell short.
Upscale restaurant company The One Group Hospitality (NASDAQ:STKS) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 147% year on year to $221.9 million. Revenue guidance for the full year exceeded analysts’ estimates, but next quarter’s guidance of $202.5 million was less impressive, coming in 2.4% below expectations. Its non-GAAP loss of $0.03 per share was significantly below analysts’ consensus estimates.
Upscale restaurant company The One Group Hospitality (NASDAQ:STKS)
will be announcing earnings results tomorrow after the bell. Here’s what you need to know.
The ONE Group’s stock price has taken a beating over the past six months, shedding 29.6% of its value and falling to $2.92 per share. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
Looking back on sit-down dining stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Denny's (NASDAQ:DENN) and its peers.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at The ONE Group (NASDAQ:STKS) and its peers.
Looking back on sit-down dining stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Kura Sushi (NASDAQ:KRUS) and its peers.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the sit-down dining industry, including First Watch (NASDAQ:FWRG) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Texas Roadhouse (NASDAQ:TXRH) and the best and worst performers in the sit-down dining industry.
Upscale restaurant company The One Group Hospitality (NASDAQ:STKS) fell short of the market’s revenue expectations in Q3 CY2024, but sales rose 152% year on year to $194 million. The company’s full-year revenue guidance of $670 million at the midpoint came in 6% below analysts’ estimates. Its non-GAAP loss of $0.30 per share was also below analysts’ consensus estimates.
Upscale restaurant company The One Group Hospitality (NASDAQ:STKS)
will be announcing earnings results tomorrow after market close. Here’s what to expect.
STKS stock results show that The One Group Hospitality missed analyst estimates for earnings per share and missed on revenue for the first quarter of 2024.
Shares of LuxUrban Hotels Inc. (NASDAQ: LUXH) fell sharply during Wednesday’s session after the company issued preliminary fourth-quarter revenue outlook below estimates.
