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The ONE Group Reports Fourth Quarter and Full Year 2024 Financial Results

1. The ONE Group's Q4 revenue surged 146.7% to $221.9 million. 2. This growth includes contributions from the recent Benihana acquisition.

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Why Bullish?

The significant revenue increase indicates robust growth potential for STKS. Historical precedents show acquisitions can greatly enhance revenue streams, as seen with restaurant chains expanding through similar strategies.

How important is it?

The substantial revenue increase coupled with the acquisition signifies strong operational performance, likely attracting more investor interest. This is critical for STKS, especially given its recent acquisition strategy.

Why Short Term?

The immediate effects of the revenue boost will likely influence investor sentiment quickly. Companies often experience swift stock price adjustments following impressive earnings announcements.

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BHNDARDRRGB
DENVER--(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 31, 2024. Highlights for the fourth quarter 2024 compared to the same quarter in 2023 are as follows (the prior year quarter excludes any contribution from the acquisition of Benihana Inc. which closed in May 2024): Total GAAP revenues increased 146.7% to $221.9 million from $89.9 million; Consolidated.

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