The ONE Group Reports Second Quarter 2020 Results
(WorldNews Italy)

August 12, 2020 The ONE Group Reports Second Quarter 2020 Results Provides Update on Impact of COVID-19 34 of 36 Domestic Restaurants Have Resumed In-Person Dining; 6 of 8 International STKs Have Resumed In-Person Dining DENVER--(BUSINESSWIRE)-- The ONE Group Hospitality, Inc. ("The ONE Group" or the "Company") (Nasdaq: STKS) today reported its financial results for the second quarter ended June 30, 2020 and provided an update related to COVID-19. Highlights for the second quarter ended June 30, 2020 compared to the same period last year are as follows: Total GAAP revenues decreased 29.4% to $16.7 million from $23.6 million; Consolidated comparable sales* decreased 66.7%...