Steakhouse operator One Group Hospitality's prelim FY25 revenue misses estimates

Reuters
Jan 12
Steakhouse operator One Group Hospitality's prelim FY25 revenue misses estimates

Overview

  • Restaurant operator's preliminary 2025 revenue rose 20% but missed analyst expectations

  • Q4 revenue fell 6.8% due to restaurant closures and fiscal changes

Outlook

  • Company plans asset-light expansion with Benihana locations in San Francisco Bay Area

  • Company aims to reduce discretionary capital expenditures in 2026

Result Drivers

  • BENIHANA ACQUISITION - Full-year revenue growth driven by Benihana acquisition in May 2024

  • PORTFOLIO OPTIMIZATION - Q4 revenue decline due to RA Sushi and Kona Grill closures

  • FISCAL YEAR CHANGE - Q4 revenue impacted by fiscal calendar change and New Year's Eve shift

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

FY Revenue

Miss

$805 mln

$828.82 mln (6 Analysts)

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the restaurants & bars peer group is "buy"

  • Wall Street's median 12-month price target for One Group Hospitality Inc is $5.00, about 145.1% above its January 9 closing price of $2.04

  • The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 5 three months ago

Press Release: ID:nBw2fGWfTa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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