GEN Restaurant Group Reports Second Quarter 2026 Financial Results
GEN Restaurant Group reported Q2 revenue of $55.7 million, up 1.2% year-over-year, while net loss widened to $4.6 million driven by a 9.3% decline in comparable restaurant sales and rising costs. The company announced receipt of a non-binding letter of intent to sell its U.S. restaurant operations, marking a strategic pivot to become a pure-play CPG company.
Key figures
- Revenue
- $55.7 million
- Revenue Yoy
- 1.2%
- Net loss
- $4.6 million
- Adjusted ebitda
- -$41000
- Comparable sales
- -9.3%
- Cpg forward run rate
- $35 million to $40 million
- Cpg revenue seq growth
- 341%
- Restaurant level adj ebitda
- $6.3 million
- Costco warehouse commitments
- > 100
AI analysis
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