GEN Restaurant Group Expands International Presence with Two New Locations in South Korea

GEN Restaurant Group announced the grand opening of two international locations in South Korea, expanding its market presence.

Quiver AI Summary

GEN Restaurant Group, Inc. has announced the grand opening of two new international locations in Wiyre, South Korea, which include one GEN Korean BBQ and one KAN Sushi, bringing its total to six international locations. David Kim, Chairman and CEO, stated that this expansion highlights the company's commitment to enhancing its presence in the South Korean market, building on the success of its previous locations. Founded in 2011, GEN Korean BBQ offers a unique dining experience where guests grill their own meals on embedded tables, boasting a menu of traditional Korean and Korean-American dishes. The brand has grown to 56 locations across the U.S., providing a lively and interactive atmosphere for diners. For more details, customers are directed to visit their website.

Potential Positives

The grand opening of two international locations in South Korea signifies GEN Restaurant Group's successful expansion strategy and commitment to international growth.
This expansion increases the total number of GEN's international locations to six, highlighting the company's growing global presence.
The announcement demonstrates confidence in the brand's appeal and operational success, potentially attracting more investors and customers.

Potential Negatives

The announcement of two new international locations may imply potential overextension or resource allocation challenges, as managing a larger footprint can strain operational capabilities.
The expansion into South Korea could indicate that the company is focusing on international growth amidst competitive pressures in the domestic market, which might raise concerns about its performance in the U.S.

FAQ

What is the latest news from GEN Restaurant Group?

GEN Restaurant Group announced the grand opening of two international locations in South Korea, expanding their footprint to six international locations.

Where are the new GEN Korean BBQ locations opening?

The new locations are opening in Wiyre, South Korea, including one GEN Korean BBQ and one KAN Sushi.

How many locations does GEN Korean BBQ currently have?

GEN Korean BBQ currently has 56 company-owned locations in the United States and six international locations after the recent expansion.

What dining experience does GEN Korean BBQ offer?

GEN Korean BBQ offers a unique "grill at your table" experience, where guests serve as their own chefs using embedded grills.

Who founded GEN Korean BBQ and when?

GEN Korean BBQ was founded in 2011 by two Korean immigrants in Los Angeles, California.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$GENK Insider Trading Activity

$GENK insiders have traded $GENK stock on the open market 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $GENK stock by insiders over the last 6 months:

MICHAEL COWAN purchased 30,000 shares for an estimated $99,000
THOMAS CROAL (Chief Financial Officer) purchased 2,000 shares for an estimated $8,000

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$GENK Hedge Fund Activity

We have seen 10 institutional investors add shares of $GENK stock to their portfolio, and 16 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

WASATCH ADVISORS LP removed 674,157 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $2,629,212
PORTOLAN CAPITAL MANAGEMENT, LLC removed 283,774 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $1,566,432
SANDERS MORRIS HARRIS LLC added 70,502 shares (+35.3%) to their portfolio in Q2 2025, for an estimated $274,957
DIAMETRIC CAPITAL, LP removed 58,257 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $227,202
QUADRATURE CAPITAL LTD added 49,044 shares (+inf%) to their portfolio in Q2 2025, for an estimated $191,271
JONES FINANCIAL COMPANIES LLLP removed 41,294 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $161,046
RENAISSANCE TECHNOLOGIES LLC removed 26,400 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $102,960

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$GENK Analyst Ratings

Wall Street analysts have issued reports on $GENK in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Benchmark issued a "Buy" rating on 08/08/2025

To track analyst ratings and price targets for $GENK, check out Quiver Quantitative's $GENK forecast page.

$GENK Price Targets

Multiple analysts have issued price targets for $GENK recently. We have seen 2 analysts offer price targets for $GENK in the last 6 months, with a median target of $7.0.

Here are some recent targets:

Todd M. Brooks from Benchmark set a target price of $6.0 on 08/08/2025

Full Release

CERRITOS, Calif., Sept. 09, 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, today announced the grand opening of two international locations in South Korea.

“We are proud to announce the launch of two additional international locations in Wiyre, South Korea, one GEN location and one KAN Sushi, expanding our footprint to a total of six international locations,” said David Kim, Chairman and CEO of GEN. “Empowered by the success of previous locations, the expansion into two additional sites represents a key development for GEN, underscoring our commitment to establishing a strong presence in the South Korean market.”

For more information or to find a GEN Korean BBQ near you, visit:
www.genkoreanbbq.com/locations

About GEN Restaurant Group, Inc.
GEN Korean BBQ is one of the largest Asian casual dining restaurant concepts in the United States. Founded in 2011 by two Korean immigrants in Los Angeles, the brand has now grown to 56 company-owned locations where guests serve as their own chefs, preparing meals on embedded grills in the center of each table. The extensive menu consists of traditional Korean and Korean-American food, including high-quality meats, poultry, seafood and mixed vegetables. With its unique culinary experience alongside its modern décor and lively atmosphere, GEN Korean BBQ delivers an engaging and interactive dining experience that appeals to a vast segment of the population. For more information, visit GenKoreanBBQ.com and follow the brand on Facebook and Instagram .

Investor Relations Contact:
Thomas V. Croal
1-562-356-9929
[email protected]