GEN Restaurant Group Inc

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

GEN Restaurant Group reports revenue growth but faces margin pressures

GEN Restaurant Group Inc (GENK) saw revenue growth but faced challenges with declining same-store sales and rising expenses.
Despite these hurdles, the company remains focused on expansion and enhancing the customer experience.
To improve profitability and drive future growth, GEN needs to address cost pressures and implement strategic initiatives.
Investors should monitor GEN's efforts to navigate challenges and capitalize on growth opportunities in the competitive restaurant industry.

GENK reports robust Q2 growth, eyes expansion amid market challenges

GEN Restaurant Group Inc delivered strong revenue growth and EBITDA margins in Q2 2024, despite challenges in same-store sales and cost pressures.
The company's expansion plans and focus on profitability position it well for future growth and market expansion.
Addressing consumer spending trends and operational efficiencies will be key for GEN to navigate challenges and capitalize on growth opportunities.
Maintaining a prudent financial stance with minimal debt, GEN remains committed to driving shareholder value through strategic initiatives and market expansion.

GEN Restaurant Group Inc reports solid Q3 performance and growth opportunities

GEN Restaurant Group Inc demonstrated resilience and growth potential in Q3 2024 despite facing challenges in same-store sales.
Strategic initiatives, operational strengths, and market responsiveness position the company well for future expansion and revenue enhancement.
Addressing challenges like same-store sales declines and capitalizing on opportunities for growth will be key focus areas for GEN's future success.
Overall, GEN's performance highlights its ability to adapt, innovate, and capitalize on market trends for sustained growth and market leadership.

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GEN Restaurant Group, Inc. engages in the operation of casual dining restaurants. It offers traditional Korean and Korean-American food, including meats, poultry, and seafood. The company was founded by Jae Chang and David Kim in September 2011 and is headquartered in Cerritos, CA.

GENK reported Q3 comparable sales decline of 9.6% YoY, with hurricanes and cannibalization cited as key challenges. October showed improvement, with comps down 4.5%. GEN Restaurant Group's footprint expanded to 43 locations in Q3, with plans to open 4–5 more in Q4, achieving a 27–29% YoY growth rate. AUVs remain strong at $5.5M despite a 7.5% year-over-year decline; restaurant-level margins are at 18%.

GEN Restaurant Group: Lots Of Potential Growth For Peanuts

GEN Restaurant Group, Inc (NASDAQ:GENK ) Q3 2024 Results Conference Call November 12, 2024 5:00 PM ET Company Participants Thomas Croal - Chief Financial Officer David Kim - Chief Executive Officer Conference Call Participants JP Wollam - ROTH Capital Partners Jeremy Hamblin - Craig Hallam Capital Group Operator Good day, and welcome to the GEN Restaurant Group, Inc. Third Quarter 2024 Earnings Call. [Operator Instructions] Please note that this event is being recorded.

GEN Restaurant Group, Inc (GENK) Q3 2024 Earnings Call Transcript

CERRITOS, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- GEN Restaurant Group, Inc. (“GEN” or the “Company”) (Nasdaq: GENK), owner of GEN Korean BBQ, a fast-growing casual dining concept with an extensive menu and signature “grill at your table” experience, is announcing financial results for the third quarter ended September 30, 2024.

GEN Restaurant Group, Inc. Announces Third Quarter 2024 Financial Results

The Opening Marks GEN's Fourth Restaurant in Hawaii and Expands Company's National Footprint to 41 Total Locations The Opening Marks GEN's Fourth Restaurant in Hawaii and Expands Company's National Footprint to 41 Total Locations

GEN Korean BBQ Opens New Location in Maui, Hawaii

GEN Restaurant Group, a recent IPO, operates 40 Korean BBQ restaurants with a unique value proposition and significant menu price discounts compared to peers. Management prioritizes rapid cash generation and expansion over traditional metrics like same-store sales, potentially affecting investor sentiment and valuation multiples. GENK's efficient cost structure and strong cash flow support a robust growth runway, targeting up to 250 locations without incurring debt.

GEN Restaurant Group: Misunderstood Potential

CERRITOS, Calif., Aug. 28, 2024 (GLOBE NEWSWIRE) -- GEN Restaurant Group, Inc. (“GEN” or the “Company”) (Nasdaq: GENK), owner of GEN Korean BBQ, a fast-growing casual dining concept with an extensive menu and signature “grill at your table” experience, is scheduled to participate in the following investor marketing events in September 2024:

GEN Restaurant Group, Inc. Announces September Investor Marketing Schedule

GEN Restaurant Group, Inc. (NASDAQ:GENK ) Q2 2024 Earnings Conference Call July 31, 2024 5:00 PM ET Company Participants Thomas Croal - CFO David Kim - Co-CEO Conference Call Participants Jeremy Hamblin - Craig Hallam Capital Group Todd Brooks - Benchmark Company George Kelly - ROTH Capital Partners Operator Greetings, welcome to GEN Restaurant Group 2024 Earnings Call. [Operator Instructions] Please note this conference is being recorded.

GEN Restaurant Group, Inc. (GENK) Q2 2024 Earnings Call Transcript

GEN Restaurant Group, Inc. (GENK) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to break-even earnings per share a year ago.

GEN Restaurant Group, Inc. (GENK) Q2 Earnings and Revenues Surpass Estimates

CERRITOS, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- GEN Restaurant Group, Inc. (“GEN” or the “Company”) (Nasdaq: GENK), owner of GEN Korean BBQ, a fast-growing casual dining concept with an extensive menu and signature “grill at your table” experience, is announcing financial results for the second quarter ended June 30, 2024.

GEN Restaurant Group, Inc. Announces Second Quarter 2024 Financial Results

CERRITOS, Calif., July 25, 2024 (GLOBE NEWSWIRE) -- GEN Restaurant Group, Inc. (“GEN” or the “Company”) (Nasdaq: GENK), owner of GEN Korean BBQ, a fast-growing casual dining concept with an extensive menu and signature “grill at your table” experience, has appointed David Park to the board of directors and to serve on the audit committee of the board, effective July 24, 2024. With Mr. Park's addition, GEN has expanded the board to five total directors with three serving independently.

GEN Restaurant Group, Inc. Appoints David Park to its Board of Directors

CERRITOS, Calif., July 23, 2024 (GLOBE NEWSWIRE) -- GEN Restaurant Group, Inc. (“GEN” or the “Company”) (Nasdaq: GENK), owner of GEN Korean BBQ, a fast-growing casual dining concept with an extensive menu and signature “grill at your table” experience, will hold a conference call on Wednesday, July 31, 2024, at 5:00 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2024. The results will be reported in a press release prior to the conference call.

GEN Restaurant Group, Inc. to Hold Second Quarter 2024 Conference Call on Wednesday, July 31, 2024, at 5:00 p.m. ET

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Chipotle and Cava Are Market Darlings. These 2 Other Differentiated Restaurant Chains Could Follow Similar Paths.

New Craveable Dishes Are Now Available at All 40 Restaurant Locations New Craveable Dishes Are Now Available at All 40 Restaurant Locations

GEN Korean BBQ Debuts All-New Premium Menu Nationwide

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Despite him keeping a fairly limited portfolio – and dropping its controversial 2023 bet against the semiconductor industry – there has been no shortage of excitement stemming from the various stock market bets of ‘ The Big Short ' investor Michael Burry.

Is this Michael Burry's biggest win of 2024?

GEN Restaurant Group, Inc. (NASDAQ:GENK ) Q1 2024 Earnings Call Transcript May 14, 2024 8:00 AM ET Company Participants Thomas Croal - CFO David Kim - Co-CEO Conference Call Participants Todd Brooks - Benchmark Company George Kelly - ROTH Capital Partners Operator Good afternoon, and welcome to the GEN Restaurant Group First Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.

GEN Restaurant Group, Inc. (GENK) Q1 2024 Earnings Call Transcript

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Alphabet

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Back in February, the filing of the 13-f document for Michael Burry's Scion Asset Management caused quite a stir as it revealed that ‘ The Big Short ' investor had not only given up on his large bet against the semiconductor industry but also tool more than a dozen long positions during the final trimester of 2023.

Here's Michael Burry's updated stock portfolio

CERRITOS, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- GEN Restaurant Group, Inc. (“GEN” or the “Company”), owner of GEN Korean BBQ, a fast-growing cook-it-yourself casual dining concept, is announcing financial results for the first quarter ended March 31, 2024.

GEN Restaurant Group, Inc. Announces First Quarter 2024 Financial Results

Michael Burry, a renowned trader and investor known for predicting the 2008 financial crisis, is highly regarded for his strategic acquisitions and sales based on comprehensive data analysis.

This Michael Burry's stock is up 40% since he bought it

GEN Restaurant Group NASDAQ: GENK hit the Marketbeat.com radar when insider buying spiked in Q1. As they say, one thing leads to another, such as discovering the company is (at least was) a pick by Scion Asset Management in Q4.

Michael Burry Picked a Winner With GEN Restaurant Group

Originally made famous by correctly predicting the 2008 crash and executing what has become known as “The Big Short,” the prominent investor Michael Burry has remained active in the stock market in the years since.

Michael Burry ‘hidden gem' stock soars 13% in a day

The latest filing detailing the stock holdings of the famous investor who predicted the 2008 crash – Michael Burry of “The Big Short” fame – published in mid-February covering the final trimester of 2023 was filled with interesting updates and revelations.

This ‘Big Short' Michael Burry stock is up 50% in a week

GEN Restaurant Group, Inc. (NASDAQ:GENK ) Q4 2023 Earnings Conference Call March 6, 2024 5:00 PM ET Company Participants David Kim - Chair and Co-CEO Tom Croal - CFO Conference Call Participants George Kelly - Roth Capital Partners Jeremy Hamblin - Craig Hallam Todd Brooks - Benchmark Company Operator Good day ladies and gentlemen, and thank you for standing by. Welcome to the GEN Restaurant Group, Inc. Fourth Quarter 2023 Earnings Conference call.

GEN Restaurant Group, Inc. (GENK) Q4 2023 Earnings Call Transcript

CERRITOS, Calif., March 06, 2024 (GLOBE NEWSWIRE) -- GEN Restaurant Group, Inc. (“GEN” or the “Company”), owner of GEN Korean BBQ, a fast-growing cook-it-yourself casual dining concept, today announced financial results for the fourth quarter and year ended December 31, 2023.

GEN Restaurant Group, Inc. Announces Fourth Quarter 2023 Financial Results

CERRITOS, Calif., March 01, 2024 (GLOBE NEWSWIRE) -- GEN Restaurant Group, Inc. (“GEN” or the “Company”) (NASDAQ: GENK), owner of GEN Korean BBQ, a fast-growing experiential Asian dining concept, today announced that it will host a conference call to discuss the Company's fourth quarter and full year 2023 financial results on Wednesday, March 6, 2024 at 5:00 PM Eastern Time. A press release with the fourth quarter and full year 2023 financial results will be issued after the market close that same day. Hosting the call will be David Kim, Co-Chief Executive Officer and Tom Croal, Chief Financial Officer.

GEN Restaurant Group, Inc. to Announce Fourth Quarter and Full Year 2023 Financial Results on March 6, 2024

GEN Restaurant Group shares have decreased since the first earnings report. The restaurant chain appeals to younger generations with its vibrant atmosphere and unlimited orders concept. GEN has shown strengths in revenue growth, low debt, and profitability, but also weaknesses in operating expenses and margins.

News for GEN Restaurant Group Inc Stock (GENK)