The ONE Group Hospitality (STKS) reported second-quarter 2026 total GAAP revenues of $200.5 million, down 3.3% from $207.4 million a year earlier, due to the impact of permanent and temporary restaurant closures. The company reported GAAP operating income of $6.6 million, up from $0.7 million in the prior-year quarter.
Consolidated comparable sales increased 0.9% in the quarter, with positive transactions across all business segments. The company also introduced third-quarter financial targets and updated full-year 2026 targets.
- Net loss attributable to The ONE Group Hospitality was $2.1 million for the quarter ended June 28, 2026, compared with a $10.1 million loss a year earlier.
- Restaurant operating profit rose to 16.4% of owned restaurant net revenue from 15.3%.
- Year-to-date net cash provided by operating activities improved to $33.0 million from $11.3 million.
- The company reported $45.8 million in short-term liquidity, including cash, short-term credit card receivables and revolver availability.
- Full-year 2026 revenue guidance was updated to $805 million to $820 million, with third-quarter revenue guidance of $176 million to $180 million.
$STKS Hedge Fund Activity
We have seen 11 institutional investors add shares of $STKS stock to their portfolio, and 16 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 329,108 shares (+inf%) to their portfolio in Q1 2026, for an estimated $585,812
- GENERAL EQUITY HOLDINGS LP added 55,505 shares (+9.4%) to their portfolio in Q1 2026, for an estimated $98,798
- JANE STREET GROUP, LLC removed 41,275 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $73,469
- CITADEL ADVISORS LLC added 22,842 shares (+inf%) to their portfolio in Q1 2026, for an estimated $40,658
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 22,201 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $39,517
- AMERICAN CENTURY COMPANIES INC removed 19,864 shares (-14.0%) from their portfolio in Q1 2026, for an estimated $35,357
- GEODE CAPITAL MANAGEMENT, LLC added 19,364 shares (+7.1%) to their portfolio in Q1 2026, for an estimated $34,467
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
