Business
The ONE Group Reports Fourth Quarter and Full Year 2025 Financial Results
DENVER, March 13, 2026--The ONE Group Hospitality, Inc. ("The ONE Group" or the "Company") (Nasdaq: STKS) today reported its financial results for the fourth quarter and full year ended December 28, 2025.
About this update from The One Group Hospitality, Inc.
[{"type":"text","content":"Strategic Portfolio Optimization Creating Long-Term Value","length":57,"tagName":"p","attribs":{}},{"type":"text","content":"Cost Management Drives Restaurant Margin Improvement in Fourth Quarter","length":70,"tagName":"p","attribs":{}},{"type":"text","content":"Full Year 2026 Financial Targets Introduced","length":43,"tagName":"p","attribs":{}},{"type":"text","content":"DENVER, March 13, 2026--(BUSINESS WIRE)--The ONE Group Hospitality, Inc. ("The ONE Group" or the "Company") (Nasdaq: STKS) today reported its financial results for the fourth quarter and full year ended December 28, 2025.","length":241,"tagName":"p"},{"type":"text","content":"Effective January 1, 2025, the Company adopted a new fiscal calendar structure using four 13-week quarters, with a 53rd week added when necessary. The 2025 fiscal year ran from January 1, 2025, to December 28, 2025.","length":215,"tagName":"p"},{"type":"text","content":"This fiscal calendar change created timing differences that impacted quarterly comparisons: the fourth quarter of 2025 had 91 days versus 92 days in the fourth quarter of 2024. Additionally, the New Year’s Eve holiday shifted from fiscal 2025 to fiscal 2026. The exclusion of New Year’s Eve in the current year impacted total GAAP revenues by approximately 2.5%, representing 37% of the total GAAP revenue decline for the quarter.","length":430,"tagName":"p"},{"type":"text","content":"Highlights for the fourth quarter 2025 compared to the same quarter in 2024 are as follows:","length":91,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Total GAAP revenues decreased 6.7% to $207 million from $222 million;","length":69,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Consolidated comparable sales* decreased 1.8%;","length":46,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"GAAP net loss attributable to The ONE Group Hospitality, Inc. increased to $6 million from a net income of $2 million primarily related to a non-cash loss on impairment of $7 million related to the Grill optimization strategy;","length":226,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Restaurant Operating Profit** increased by 10 basis points to 19.5% of owned restaurant net revenue, excluding Grill Concepts restaurants closed or to be closed, from 19.4%; and,","length"...