NASDAQ$GENK
Gen Restaurant Group Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
GEN Restaurant Group reported first quarter results, with revenue increase driven by new restaurant openings and strategic growth initiatives.
GEN Restaurant Group reported a 16% increase in total revenue to $50.8 million compared to the first quarter of 2023. Net income was $3.7 million, and adjusted EBITDA was $6.4 million. The company opened two new locations during the quarter and launched a new Premium Menu.
- Total revenue increased by 16% to $50.8 million compared to the first quarter of 2023.
- Net Income was $3.7 million and 7.3% of revenue.
- Adjusted EBITDA was $6.4 million and 12.5% of revenue, inclusive of pre-opening expenses of $1.9 million.
- Two new locations were opened in Seattle, Washington and Dallas, Texas during the first quarter of 2024.
Headline financials
Revenue & EPS history
Gen · Revenue · Quarterly
$50.8M
Forward guidance
The company remains focused on growing its restaurant count and providing a superior customer experience.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 11 quarterly earnings reports · overlaid with Q1 2024
-5.1%
Avg return
Earnings day
-7.6%
Avg return
5 days after
-7.2%
Avg return
30 days after
25%
3 / 12 earnings
Positive
+22.8%
Q4 2024
Best reaction
-18.8%
Q4 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -4.1% | +0.5% | -4.5% | |
| Q4 2025 | -2.7% | -20.9% | -16.8% | |
| Q3 2025 | -6.0% | -1.5% | -14.8% | |
| Q2 2025 | -15.3% | -18.1% | -25.1% | |
| Q1 2025 | -15.8% | -19.4% | -20.0% | |
| Q4 2024 | +22.8% | +14.5% | -12.4% | |
| Q3 2024 | -15.2% | -15.0% | -15.9% | |
| Q2 2024 | +14.4% | +0.5% | +9.2% | |
| Q1 2024 | +7.7% | +6.2% | -6.5% | |
| Q4 2023 | -18.8% | -16.9% | +61.3% | |
| Q3 2023 | -14.8% | -8.9% | -13.8% | |
| Q2 2023 | -13.5% | -12.6% | -26.9% | |
| Q1 2023 | — | — | — | |
| Q4 2022 | — | — | — | |
| Q3 2022 | — | — | — | |
| Q2 2022 | — | — | — | |
| Q1 2022 | — | — | — | |
| Q4 2021 | — | — | — | |
| Q4 2020 | — | — | — |
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