One Group Hospitality Inc at Jefferies Winter Restaurant, Foodservice, Gaming, Lodging & Leisure Summit (Virtual) Transcript
Thanks, everyone. Continuing this morning with the ONE Group. I'm very pleased to introduce Manny Hilario, the CEO; and Tyler Loy, the CFO. They own the STK brand, as well as the Kona Grill business that was acquired a few years ago.
Questions & Answers
And I know you pre-released some really impressive results at ICR a couple of weeks ago. I'm still trying to figure out how STK was up 60% over 2019 levels. So give us a sense of what's really resonating with the gas, with the consumer to drive those incredible gains.
Sure. Andy, thanks for inviting us to the conference. It's always one of our highlights of the year to start with you. And as you mentioned there, we had a fantastic fourth quarter, frankly for both of our brands, both STK and Kona Grill. SDK, as you mentioned, that was up 60% over '19 levels. And Kona Grill was up 38% over the '19 levels. So both brands
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