One group hospitality: Kanen Wealth Management sells $1.56M in STKS stock
Kanen Wealth Management, Philotimo Fund, LP, and Philotimo Focused Growth &amp; Income Fund, all entities with shared reporting persons, sold a combined total of $1.56 million worth of The ONE Group Hospitality, Inc. (NASDAQ:STKS) shares between July 7 and July 9. The sales occurred at a price range of $4.70 to $4.94 per share.
On July 7, Kanen Wealth Management, LLC, sold 48,780 shares at $4.94 per share, totaling $240,973.20. Simultaneously, Philotimo Fund, LP, sold 40,000 shares at the same price, amounting to $197,600.
The following day, July 8, Kanen Wealth Management, LLC, disposed of 42,242 shares at $4.77 each, for a total of $201,472.34. Philotimo Fund, LP, sold 34,638 shares at $4.77, realizing $165,233.26.
The sales concluded on July 9, with Kanen Wealth Management, LLC, selling 87,904 shares at $4.70 per share, totaling $413,156.80. Philotimo Fund, LP, sold 72,096 shares at $4.70, amounting to $338,851.20.
Following these transactions, Kanen Wealth Management, LLC, directly owns 20,237 shares and indirectly owns 2,110,941 shares. Philotimo Fund, LP, indirectly owns 1,823,266 shares, and Philotimo Focused Growth &amp; Income Fund indirectly owns 393,975 shares. David Kanen may be deemed to beneficially own the shares owned by KWM, Philotimo Fund, LP and Philotimo Focused Growth &amp; Income Fund.
In other recent news, The ONE Group Hospitality reported robust financial results for the first quarter of 2025, exceeding analyst expectations. The company achieved an adjusted earnings per share (EPS) of $0.14, outperforming the anticipated $0.10 loss, and reported revenue of $211.2 million, slightly above the forecasted $207.44 million. This significant growth was driven by the successful integration of Benihana and RA Sushi, which have contributed to a 148.4% year-over-year revenue increase. Additionally, Freedom Broker initiated coverage on The ONE Group with a Buy rating, citing the company’s expanding brand portfolio and improved cash flows as key factors for their positive outlook.
The ONE Group’s strategic acquisitions in 2024 have expanded its footprint to 166 venues across 32 states and 12 countries, enhancing its market position. At the company’s Annual Meeting of Stockholders, directors were elected, and Deloitte &amp; Touche, LLP was ratified as the independent auditor for the fiscal year ending December 28, 2025. Furthermore, the company’s focus on expanding its restaurant portfolio and enhancing its loyalty program has been highlighted as part of its ongoing growth strategy. 
Looking ahead, the company projects total GAAP revenue between $835 million and $870 million for the full year 2025, with plans to open 5 to 7 new venues. The ONE Group continues to leverage its enlarged scale and diversified brand portfolio to drive further growth, with Freedom Broker expecting continued operational and earnings expansion in upcoming quarters.

One group hospitality: Kanen Wealth Management sells $1.56M in STKS stock

Kanen Wealth Management, Philotimo Fund, LP, and Philotimo Focused Growth & Income Fund sold $1.56 million worth of The ONE Group Hospitality (STKS) shares between July 7-9, 2025. The company reported strong Q1 2025 financial results, including $211.2M revenue and adjusted EPS of $0.14, driven by acquisitions of Benihana and RA Sushi. The company expanded to 166 venues across 32 states and 12 countries, with plans for 5-7 new locations in 2025.