What is the market's earnings forecast for GEN Restaurant next quarter?

What factors drove the changes in GEN Restaurant's revenue and profit?

What is the revenue and EPS growth rate for GEN Restaurant year over year?

What is GEN Restaurant's gross profit margin?

What guidance did GEN Restaurant's management provide for the next earnings period?

What were the key takeaways from GEN Restaurant's earnings call?

What does GEN Restaurant do and what are its main business segments?

What were the key takeaways from GEN Restaurant’s earnings call?

- **Q4 2025 Challenges**: Revenue down 9% YoY to $49.7M due to 11.6% same-store sales decline. 
- **Strategic Shifts**: 
  - $4.5M JV write-down for 5 underperforming restaurants, targeting future EBITDA. 
  - CPG expansion to 1,500+ locations by end-2026, projecting $100M+ revenue in 3 years. 
- **2026 Outlook**: 
  - Revenue $215-225M (15% from CPG). 
  - EBITDA margin target 15-15.5%. 
  - Slowed restaurant openings (2-5 under construction) to focus on margin improvement. 
- **CPG Confidence**: 100% velocity meeting supermarket thresholds, leveraging existing infrastructure. 
- **Cultural Growth Driver**: Korean food demand fueled by cultural trends, with lowest penetration in ethnic category.

**【CEO Summary Section】**
- **Challenges in Q4 2025**: Same-store sales dropped 11.6% due to immigration enforcement impacting Hispanic customers and rising fuel prices. Total revenue decreased to $49.7 million (Q4 2024: $54.6 million). 
- **New Store Growth**: Opened 15 restaurants in 2025 (6 in South Korea) and 2 more in early 2026, totaling 57 locations. 
- **Strategic Initiatives**: 
  - Joint venture with Chubby Cattle for 5 underperforming restaurants, creating a $4.5M write-down but expected to generate EBITDA. 
  - Menu streamlining, new boba/soju drinks, loyalty program, cryptocurrency payments, and enhanced e-commerce platform. 
- **CPG Expansion**: CPG products sold in 800+ locations, targeting 1,500-2,000 by end-2026. Projected $100M+ annual revenue in 3 years with high-teens EBITDA margin. 

**【CFO Financial Commentary】**
- **2025 Financials**: Revenue $212.5M (2% growth), adjusted net loss $3M. COGS increased 285bps to 36.9% (Q4 2025) due to inflation. 
- **2026 Guidance**: Revenue $215-225M, with $20M from CPG and $205M from restaurants. Target 15-15.5% EBITDA margin. 
- **Liquidity**: $2.8M cash and $20M revolving credit facility. Slowing new restaurant openings to focus on margin improvement. 

**【Q&A Highlights】**
- **CPG Confidence**: High demand and velocity in supermarkets, with no infrastructure costs beyond inventory. 
- **Restaurant Growth**: 2-5 stores under construction, 1-2 more possible. No closures beyond Chubby Cattle deal. 
- **Margins**: CPG margins account for slotting fees and discounts, targeting high-teens EBITDA. 
- **Cultural Tailwind**: Korean food penetration lowest in ethnic category, driven by cultural trends (K-dramas, BTS).

GEN Restaurant Group, Inc. (GENK) Q4 2025 Earnings Call Transcript

- **Revenue Growth**: Q3 2025 revenue rose 2.7% YoY to $50.4 million, driven by 15 new stores.
- **South Korea Expansion**: 6 stores opened in South Korea, with Kan Sushi generating $3-4 million AUV vs. $2-3 million for GEN.
- **Grocery Initiative**: 600 locations launched, targeting $100 million in 4-5 years with minimal slotting fees.
- **Financial Performance**: Net loss of $3.9 million due to preopening costs; adjusted EBITDA of $7.6 million (15% margin).
- **Cost Efficiency**: Payroll efficiency improved 196 bps YoY; new South Korean stores cost $800,000 to build.
- **2026 Growth**: 7 stores under construction, 11 additional openings on hold pending Q4 sales.

**【Management Opening Remarks (CFO)】**
- CFO Thomas Croal provided forward-looking statements and non-GAAP financial measures disclosures.
- Highlighted the company's third-quarter earnings release and reminded investors of risks associated with forward-looking statements.

**【CEO Commentary】**
- **Revenue Growth**: Q3 2025 revenue increased 2.7% YoY to $50.4 million, driven by new store openings.
- **Store Expansion**: Opened 15 stores in the first 9 months (8 in Q3), including 6 in South Korea, exceeding the initial 12-13 store target for 2025.
- **Grocery Initiative**: Launched ready-to-cook Korean meats in 600 Albertsons/Vons/Pavilions locations, targeting $100 million in annual revenue over 4-5 years.
- **Same-Store Sales**: Down 9.9% YoY due to macroeconomic pressures, but emphasized AUV of $5.2 million per restaurant as a key metric.
- **International Expansion**: South Korean stores (4 GEN, 2 Kan Sushi) show early success, with Kan Sushi projected to generate $3-4 million AUV vs. $2-3 million for GEN.
- **Cost Efficiency**: New stores in South Korea cost $800,000 to build, significantly lower than U.S. locations.

**【CFO Financial Commentary】**
- **Net Loss**: $3.9 million ($0.11 per share) vs. $0.01 per share in Q3 2024, driven by $2.3 million in preopening costs.
- **Adjusted EBITDA**: $7.6 million (15% of revenue) vs. $9 million (18.2%) in Q3 2024.
- **Cost Pressures**: COGS rose 334 bps YoY due to inflation and new stores; payroll efficiency improved 196 bps YoY.
- **Liquidity**: $5 million cash and $20 million credit facility; may slow 2026 growth if macro conditions persist.
- **Return on Assets**: Warned against using total assets to measure ROI due to $140 million operating lease asset offsetting $165 million lease liabilities.

**【Q&A Highlights】**
- **South Korea Performance**: Kan Sushi outperforms GEN, with AUV of $3-4 million vs. $2-3 million for GEN. New stores cost $800,000 to build.
- **Grocery Initiative Velocity**: Test locations in Southern California show 60%+ new customers, with plans to expand to 300 Midwest stores.
- **Labor Efficiency**: Deployed AI technologies to reduce payroll costs, achieving 196 bps YoY improvement.
- **2026 Growth Strategy**: 7 stores under construction (2-3 to open by year-end), 11 additional openings on hold pending Q4 sales.
- **Premium Menu Impact**: 4-5% penetration but 1% margin dilution; plans to revamp menu in early 2026.
- **Competitive Landscape**: Competitors facing SBA loan challenges but new entrants continue to open stores.


GEN Restaurant Group, Inc. (GENK) Q3 2025 Earnings Call Transcript

- **Revenue growth**: 2.2% YoY to $55M, driven by 9 new stores.
- **International expansion**: First South Korea location with 1/3 U.S. cost; 2+ openings planned for Q3.
- **Cost control**: 16.3% restaurant EBITDA, down from $10.2M to $9M due to preopening costs.
- **AI adoption**: Q3 margin improvements expected from automation and labor efficiency.
- **Product expansion**: Gift cards at 78 Costco/Sam's Club locations, frozen Korean BBQ via Cisco.

**【CEO Summary Section】**
- Opened 7 new restaurants in Q2, including the first international location in South Korea, with 9 total openings year-to-date and 7 more under development.
- South Korea stores cost 1/3 of U.S. locations and use the same operating model; plan to open additional locations in Q3.
- AUV revenue of $5.3M per restaurant, with a 2.3-year payback period for 2024 new stores, enabling debt-free growth.
- Expanded product lines through gift cards (sold at 78 Costco and 1 Sam's Club locations) and frozen Korean BBQ products via Cisco distribution.
- Launched Corn Sushi brand as a complementary concept to GEN Korean BBQ.
- Implemented AI and automation to improve labor efficiency, with Q3 expected to show margin benefits.

**【CFO Financial Commentary】**
- Q2 2025 revenue $55M, +2.2% YoY, driven by new store openings.
- Restaurant-level adjusted EBITDA 16.3% (vs. 15.6% Q1), with $9M EBITDA vs. $10.2M last year.
- Net loss $1.8M ($0.05/share) due to $2.1M preopening costs; adjusted net income $1.2M ($0.04/share).
- Liquidity: $9.6M cash, $7M bank debt, and $20M revolving credit facility.

**【Q&A Key Highlights】**
- Same-store sales declined in April-May due to immigration policies but improved in July; 2.8% price increase offset部分影响.
- New Q1 openings performing average; South Korea sales slow but improving.
- Premium menu adoption expected to boost sales 5-7% with 0.5-1% COGS impact.
- Maintain 17-18% 4-wall margin guidance, with AI and automation driving Q3 margin improvements.
- Challenges include manager development and real estate access, but training programs and automation are mitigating risks.

GEN Restaurant Group, Inc. (GENK) Q2 2025 Earnings Call Transcript

- **Revenue Beat**: 13% YoY growth to $57.3M, driven by 6 new stores and 580bps improvement in same-store sales. 
- **Profitability**: 40%+ ROI on new stores, 2.1-year payback period, no debt since IPO. 
- **Expansion Risk**: 12-13% potential cost hike from tariffs; Korea expansion offers 30% lower capex. 
- **Innovation**: Dual-concept Kan Sushi reduces labor 30%, testing e-gift cards and Sysco meat distribution. 
- **Macro Warning**: April-May sales down 1-2% due to economic headwinds, but 2025 full-year guidance unchanged. 


**【CEO Key Highlights】**
- **Revenue Growth**: Q1 2025 revenue rose 13% YoY to $57.3M, driven by 6 new store openings (total 49 locations) and improved same-store sales (-0.7% vs. -5.6% in 2024). 
- **Expansion Momentum**: On track for 12-13 new stores in 2025, including 3 in South Korea (first opening June 2025). U.S. stores cost 3x more but generate 40%+ ROI with 2.1-year payback period. 
- **New Concepts**: Launched dual-concept Kan Sushi restaurants with shared back-of-house, achieving 30% lower labor costs. Testing e-gift cards and meat product distribution via Sysco. 
- **Financial Health**: No debt since IPO (33→49 stores), free cash flow enables 12-13% annual store growth. 2025 full-year revenue target: $245-250M, with $300M+ run rate by year-end. 

**【CFO Financial Breakdown】**
- **Revenue**: $57.3M (+13% YoY), with 6 new stores contributing $11.2M. 
- **Margins**: Restaurant-level EBITDA 15.6% (vs. 17-18% target), pressured by $2.6M pre-opening costs. 
- **Costs**: 
  - COGS 33.6% (+20bps YoY) due to inflation; 
  - Payroll 31.7% (-10bps YoY); 
  - G&A 9.8% (+2.1pts YoY) due to store expansion. 
- **Liquidity**: $15.4M cash, $5M debt, $20M unused revolver. 
- **Share Buybacks**: Repurchased 33,400 shares ($5.94 avg) with $4.8M remaining. 

**【Q&A Key Takeaways】**
1. **Sales Trends**: Q1 same-store sales -0.7% (vs. -5.6% 2024), but April-May down 1-2% due to macro weakness. 
2. **Tariff Risk**: 12-13% potential cost increase for kitchen equipment/materials; may pause openings if costs exceed 10%. 
3. **Korea Expansion**: 30% lower capex vs. U.S., targeting 100-200 stores in South Korea. 
4. **Gift Cards**: 60-65% redemption rate (vs. 70-75% industry), premium menu lift observed among users. 
5. **New Store Performance**: 2025 Q1 openings mixed (10% above/below average), but 2024 stores achieve 40%+ ROI. 


GEN Restaurant Group, Inc. (GENK) Q1 2025 Earnings Call Transcript

- **Revenue Triumph**: 2024 revenue of $208.4 million exceeded guidance, fueled by 9 new stores and a 21% Q4 surge.
- **Profitability Milestone**: 17.7% EBITDA margin met targets, with $36.9 million total EBITDA.
- **Comparable Sales Turnaround**: 2025 Q1 comps up 1% post-3% menu price hike, reversing 2024's 5.6% decline.
- **Expansion Ambition**: 10-13 new U.S. stores in 2025 and South Korea entry with 2 locations.
- **Financial Health**: $23.7 million cash, no debt, and $7.4 million adjusted net income in 2024.

**【CEO Summary Section】**
- **Revenue Exceeded Expectations**: Full-year revenue reached $208.4 million, surpassing the $200-205 million guidance range, driven by 6 new restaurant openings in 2024 and 3 in early 2025.
- **EBITDA Margin Target Achieved**: Restaurant-level adjusted EBITDA margin of 17.7% met the 17-18% goal, with total EBITDA at $36.9 million.
- **New Store Momentum**: 9 new locations opened in 2024-2025, with 13 leases signed for 2025, targeting 10-13 openings. International expansion begins in South Korea with 2 planned locations in 2025.
- **Comparable Sales Recovery**: Q4 2024 saw 3% menu price increase without traffic impact; 2025 Q1 comparable sales grew 1% after 5.6% YoY decline in 2024.
- **Shareholder Return**: $5 million stock buyback program approved alongside 75-restaurant expansion goal by 2026.

**【CFO Financial Commentary】**
- **Q4 2024 Financial Highlights**: 
  - Revenue: $54.7 million (+21.2% YoY)
  - Restaurant-level EBITDA: $9.3 million (+28% YoY)
  - Total EBITDA: $2.1 million (+25% YoY)
- **Full-Year Metrics**: 
  - Revenue: $208.4 million (+15.1% YoY)
  - Restaurant-level EBITDA: $36.9 million (+10% YoY)
  - Adjusted Net Income: $7.4 million ($0.21 EPS)
- **Cost Management**: 
  - G&A expenses: $18.3 million (8.8% of revenue) within $18-19 million guidance
  - Payroll efficiency: 30.9% of sales vs. 31.5% prior year
- **Liquidity**: $23.7 million cash on hand, no material debt, and $18 million self-funded restaurant development in 2024.
- **2025 Outlook**: 
  - Revenue: $245-250 million
  - EBITDA Margin: >18%
  - Free Cash Flow: Expected to sustain new store openings without debt reliance.

Actual	0.932	0.08	-0.01	0.11	0.06	0.03	-0.02	0.04	0.04	-0.02
Forecast	0.07	0.0667	0.03	0.01	0.02	-0.01	-0.02	-0.005	0	-0.04	-0.06
Surprise	+1231.43%	+19.94%	-133.33%	+1000.00%	+200.00%	+400.00%	0.00%	+900.00%	0.00%	+50.00%	0.00%

Actual	46.47M	45.56M	45.11M	50.76M	53.86M	49.10M	54.65M	57.34M	55.04M	50.42M	--
Forecast	47.67M	46.62M	43.78M	48.05M	51.63M	49.90M	49.77M	57.42M	60.26M	54.25M	60.35M
Surprise	-2.51%	-2.27%	+3.03%	+5.63%	+4.33%	-1.59%	+9.81%	-0.15%	-8.66%	-7.06%	0.00%

GENK

GENK fundamentals

GENK Q4 2025 Earnings Preview

Earnings Call

You can ask Aime

GENK

GENK fundamentals

GENK Q4 2025 Earnings Preview

Earnings Call

GENK Earnings Call Summary for Q4/20255:00 PM on Mar 31, 2026

GENK Earnings Call Summary for Q3/20255:00 PM on Nov 7, 2025

GENK Earnings Call Summary for Q2/20255:00 PM on Aug 6, 2025

GENK Earnings Call Summary for Q1/20255:00 PM on May 13, 2025

GENK Earnings Call Summary for Q4/20245:00 PM on Mar 6, 2025

You can ask Aime