GEN Restaurant (GENK) Company Overview

GEN Restaurant Group, Inc. (GENK) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to break-even earnings per share a year ago.

Gen Korean BBQ (GENK) is a cook-it-yourself casual dining concept with over 40 locations in 8 states. Co-CEO David Kim joins Nicole Petallides to give an overview of the company.

Michael Burry, a renowned trader and investor known for predicting the 2008 financial crisis, is highly regarded for his strategic acquisitions and sales based on comprehensive data analysis.

GEN Restaurant Group NASDAQ: GENK hit the Marketbeat.com radar when insider buying spiked in Q1. As they say, one thing leads to another, such as discovering the company is (at least was) a pick by Scion Asset Management in Q4.

GEN Restaurant Group, Inc. (NASDAQ:GENK ) Q4 2023 Earnings Conference Call March 6, 2024 5:00 PM ET Company Participants David Kim - Chair and Co-CEO Tom Croal - CFO Conference Call Participants George Kelly - Roth Capital Partners Jeremy Hamblin - Craig Hallam Todd Brooks - Benchmark Company Operator Good day ladies and gentlemen, and thank you for standing by. Welcome to the GEN Restaurant Group, Inc. Fourth Quarter 2023 Earnings Conference call.

CERRITOS, Calif., March 01, 2024 (GLOBE NEWSWIRE) -- GEN Restaurant Group, Inc. (“GEN” or the “Company”) (NASDAQ: GENK), owner of GEN Korean BBQ, a fast-growing experiential Asian dining concept, today announced that it will host a conference call to discuss the Company's fourth quarter and full year 2023 financial results on Wednesday, March 6, 2024 at 5:00 PM Eastern Time. A press release with the fourth quarter and full year 2023 financial results will be issued after the market close that same day. Hosting the call will be David Kim, Co-Chief Executive Officer and Tom Croal, Chief Financial Officer.

GEN Restaurant Group shares have decreased since the first earnings report. The restaurant chain appeals to younger generations with its vibrant atmosphere and unlimited orders concept. GEN has shown strengths in revenue growth, low debt, and profitability, but also weaknesses in operating expenses and margins.

This segment originally aired on July 12, 2023. GEN Restaurant Group shares soared in their market debut.

Shares of GEN Restaurant Group Inc. GENK, +39.75% fired out of the gate Wednesday, as the GEN Korean BBQ restaurant chain's stock opened more than 50% above the initial public offering price. The profitable company raised $43.2 million as its 3.6 million-share offering priced late Tuesday at $12 a share.