The ONE Group revenue falls 3.3% to $200.5 million; operating income rises to $6.6 million
The ONE Group reported second quarter 2026 results for the period ended June 28, 2026. Total GAAP revenues fell 3.3% to $200.5 million from $207.4 million, mainly due to restaurant closures, while operating income rose to $6.6 million from $0.7 million and the net loss attributable to the company narrowed to $2.1 million from $10.1 million. The company also issued third quarter and updated full year 2026 targets, including full year GAAP revenue of $805 million to $820 million.
Key points
- Second quarter total GAAP revenues were $200.5 million, down 3.3% from $207.4 million; consolidated comparable sales rose 0.9%.
- Operating income was $6.6 million versus $0.7 million a year earlier; net loss attributable to The ONE Group was $2.1 million versus $10.1 million.
- Net loss available to common stockholders was $12.0 million, after a $9.9 million Series A Preferred Stock paid-in-kind dividend and accretion.
- 2026 guidance: total GAAP revenues of $805 million to $820 million and Adjusted EBITDA of $95 million to $105 million; third quarter revenue guidance is $176 million to $180 million.
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.