One Group Hospitality Q3 revenue dips, misses estimates
Overview
US restaurant operator's Q3 revenue fell 1.8%, missing analyst expectations
Q3 restaurant operating profit margin expanded by 190 basis points
Outlook
Company sees full-year 2026 GAAP revenues of $800 mln to $810 mln
Company expects 2026 consolidated adjusted EBITDA of $95 mln to $100 mln
Result Drivers
TRANSACTION GROWTH - Co said positive transaction growth and improved margins were driven by operational initiatives and brand strength
SUPPLY CHAIN AND MENU - Co attributed higher restaurant operating profit margin to beef strategy, supply chain initiatives and menu optimization
BRAND PERFORMANCE - Co said Benihana brand led transaction growth, with Vibe Dining concepts and value messaging attracting guests
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Miss | $177 mln | $183.17 mln (3 Analysts) |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "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 $4.40, about 272.9% above its November 3 closing price of $1.18
Reuters Recommended Reads
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Nov 4 - Applebee's owner Dine Brands beats Q3 sales estimates on value, menu innovation
Nov 3 - Yum Brands tops Q3 adjusted EPS estimates
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(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.)