GENK Stock Recent News

GEN Restaurant Group is a misunderstood growth story with a Korean BBQ concept, efficient cost structure, and debt-free expansion plans. Despite surpassing FY24 revenue guidance, same-store sales have declined for six consecutive quarters, raising concerns about the growth concept. The company maintains a strong net cash position and plans to open 10-13 new locations in 2025, including two in South Korea.

CERRITOS, Calif., April 24, 2025 (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 Tuesday, May 13, 2025, at 5:00 p.m.

Cary Marks GEN's Sixth New Location in 2025, Reflecting Strong Momentum in Expansion Strategy Cary Marks GEN's Sixth New Location in 2025, Reflecting Strong Momentum in Expansion Strategy

GEN is Continuing Texas Expansion with Austin Following Success Across the State GEN is Continuing Texas Expansion with Austin Following Success Across the State

CERRITOS, Calif., March 13, 2025 (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, announced today that its board of directors approved a stock repurchase program authorizing the repurchase of up to $5.0 million worth of shares of the Company's outstanding Class A common stock, par value $0.001 (“Common Stock”). The stock repurchase program may be suspended or discontinued at any time and does not obligate the Company to acquire any specific number of shares of its Common Stock.

GEN Restaurant Group's Q4 results exceeded expectations, driving a 20% stock price surge and an 8% premarket rise, highlighting its growth potential. With top-line sales of $54.7 million and adjusted EPS of $0.21, GEN beat Wall St. estimates and showed strong year-over-year growth. The company plans to expand aggressively, targeting 75 restaurants by FY 2026, including international openings in South Korea, maintaining a 20%+ annual growth rate.

GEN Restaurant Group, Inc. (NASDAQ:GENK ) Q4 2024 Earnings Call March 6, 2025 5:00 PM ET Company Participants Tom Croal - Chief Financial Officer David Kim - Chairman and Chief Executive Officer Operator Good day, and welcome to the GEN Restaurant Group, Inc. Fourth Quarter and Full Year 2024 Earnings Call. [Operator Instructions] Please note, this event is being recorded.

2024 Total Revenue of $208.4 Million Exceeds Company's Full Year Outlook Strong Start to 2025 with Comparable Restaurant Sales for Q1 Quarter-to-Date Increasing 1% Through the End of February, a 6% Improvement Compared to Q4 2024 Company Remains on Track with New Unit Openings for 2025 CERRITOS, Calif., March 06, 2025 (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 fourth quarter and full year ended December 31, 2024.

CERRITOS, Calif., Feb. 27, 2025 (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 Thursday, March 6, 2025, at 5:00 p.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2024. The results will be reported in a press release prior to the conference call.

This Marks the Third Location Opening in 2025 Signaling Strong Growth Momentum for the Year This Marks the Third Location Opening in 2025 Signaling Strong Growth Momentum for the Year