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The ONE Group Opens Benihana in San Mateo

1. STKS opens a new Benihana in San Mateo, California, expanding its presence. 2. This marks the fifth Benihana and sixth location in the Bay Area.

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Why Bullish?

The opening of new locations typically indicates growth potential. Similar expansions in the past have positively affected sales and stock prices.

How important is it?

New openings can lead to increased revenues and investor interest, boosting the stock's appeal.

Why Short Term?

Immediate impact from increased visibility and customer traffic, leading to short-term revenue growth.

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SAN MATEO, Calif.--(BUSINESS WIRE)--The ONE Group Hospitality, Inc. (Nasdaq: STKS) announced the opening of its newest Benihana location at the Bridgepointe Shopping Center (2204 Bridgepointe Parkway) in San Mateo, Calif. This new company-owned restaurant marks The ONE Group's fifth Benihana and sixth overall location in the Bay Area, strengthening its footprint in Northern California. “We are thrilled to expand our presence in the Bay Area with the opening of our new Benihana in the San Mateo.

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