NASDAQ$GENK

Gen Restaurant Group Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Announced financial results for the fourth quarter and year ended December 31, 2023.

GEN Restaurant Group reported a 10.4% increase in revenue to $45.1 million for Q4 2023, compared to $40.8 million in Q4 2022. However, comparable restaurant sales decreased by 1.7%. The company's net loss was $(0.2) million, and adjusted EBITDA was $1.6 million.

  • Revenue increased 10.4% to $45.1 million, compared to $40.8 million in the fourth quarter of 2022.
  • Comparable restaurant sales decreased 1.7% as compared to the fourth quarter in 2022.
  • Restaurant-level adjusted EBITDA was $7.2 million and 16.0% of revenue.
  • Adjusted EBITDA was $1.6 million and 3.6% of revenue inclusive of pre-opening expense of approximately $1.2 million.

Headline financials

Total Revenue

$45.1M

Previous: $164M-72.4%
EPS (adj)

-$0.01

Previous: $0.71-101.4%
Restaurant-Level Adj. EBITDA

$7.2M

No prior period
Adjusted EBITDA

$1.6M

No prior period
Comparable restaurant sales

-1.7%

Previous: 0.6%-383.3%
Restaurant operating expenses

$87.20

No prior period
Capital Expenditures

-$7.7M

No prior period
Net Income

-$200K

Previous: -$9.2M+97.8%
Operating Income

-$900K

Previous: $3.39M-126.5%
Gross Profit

$15.9M

Previous: $27.5M-42.0%

Revenue & EPS history

Gen · Revenue · Quarterly

$45.1M

Q4 2023-72.4%vs Q4 2022
Beat estimate in 5 of 11 quarters(45%)
ActualEstimate

Forward guidance

The company looks forward to capturing the immense opportunities ahead and enhancing long-term shareholder value.

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 Q4 2023

Historical avgQ4 2023

-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

Earnings price reactions
QuarterReport dateReaction (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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro