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Dec 31, 2022
One Group Hospitality Q4 2022 Earnings Report
The ONE Group's financial performance decreased slightly during the fourth quarter of 2022.
Key Takeaways
The ONE Group reported a 5.0% increase in total GAAP revenues to $88.3 million for the fourth quarter of 2022, compared to $84.1 million in the same period of 2021. GAAP net income attributable to The ONE Group was $5.1 million, or $0.15 per share.
Total GAAP revenues increased 5.0% to $88.3 million.
Comparable sales decreased 3.1% compared to 2021 and increased 46.2% compared to 2019.
GAAP net income attributable to The ONE Group was $5.1 million, or $0.15 per share ($0.19 adjusted net income per share).
Adjusted EBITDA decreased 2.0% to $13.0 million.
Forward Guidance
The Company provided targets for 2023.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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