GEN Restaurant Group, Inc. (GENK) Form 8-K — Aug 10, 2026
GEN Restaurant Group reported Q2 2026 revenue of $55.7 million, up 1.2% year over year, but its net loss widened to $4.6 million from $1.7 million a year ago as comparable restaurant sales fell 9.3% and Adjusted EBITDA turned negative at $(41) thousand. The company also disclosed receipt of a non-binding letter of intent from a nationwide, multi-concept restaurant operator to acquire GEN's U.S. restaurant operations, with GEN retaining 100% of its consumer packaged goods and retail business. The Board is reviewing the proposal with financial and legal advisors, and no assurance was given that any transaction will result.
Key figures
- Eps
- $(0.14) per Class A share, basic and diluted
- Revenue
- $55.7 million (Q2 2026, vs $55.0 million in Q2 2025)
- Net Income
- $(4.6) million net loss (vs $(1.7) million in Q2 2025)
- Total Debt
- $24.0 million (vs $14.6 million as of December 31, 2025)
- Revenue Yoy
- +1.2%
- Total Assets
- $247.8 million
- Cash Position
- $5.9 million as of June 30, 2026 (vs $2.8 million at December 31, 2025)
- Retail Doors
- nearly 2,000 supermarkets and club stores nationwide
- G And AExpense
- $7.1 million, 12.8% of revenue (vs $6.4 million, 11.6%)
- Adjusted EBITDA
- $(41) thousand vs $1.9 million (3.4% of revenue) in Q2 2025
- Cpg June Revenue
- more than $2 million, largest month to date
- Six Month Revenue
- $109.6 million vs $112.4 million in H1 2025
- Costco Warehouses
- more than 100 U.S. Costco warehouses committed, over 16% of Costco's domestic footprint (60-70 newly added in Pacific Northwest)
- Cpg Forward Run Rate
- $35-40 million estimated forward 12-month revenue run rate
- Restaurants Exited
- 6 underperforming locations; 4 transferred to Chubby Cattle JV with 49% GEN interest retained
- Loss From Operations
- $(5.2) million, (9.2)% of revenue (vs $(1.9) million, (3.4)%)
- Lease Termination Loss
- $0.6 million related to closure of two Korea locations
- Line Of Credit Outstanding
- $12.1 million (vs $1.0 million at December 31, 2025)
- Restaurants At End Of Period
- 54
- Comparable Restaurant Sales
- (9.3)% vs (8.8)% in Q1 2026 and (7.2)% in Q2 2025
- Cpg Sequential Revenue Growth
- 341% from Q1 2026
- Restaurant Level Adjusted EBITDA
- $6.3 million, 11.3% of revenue (vs $9.0 million, 16.3%)
Price after filing
Close on the filing date to close N calendar days later (from $1.96). Historical, not a forecast.
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