Expansion and Growth Initiatives
GEN Restaurant Group opened 15 new restaurants in the first 9 months of 2025, exceeding their initial estimate, with a total of 17 stores planned for the year. They also launched ready-to-cook Korean branded meats in over 600 grocery stores, expecting significant revenue growth from this initiative.
International Expansion
Opened 6 new restaurants in South Korea, which operate at a fraction of the construction and operational costs compared to U.S. locations.
Gift Card Sales Success
Strong sales of gift cards at 95 Costco locations and 92 Sam's Club locations, showcasing GEN's brand strength.
Labor Efficiency
Achieved a decrease in payroll and benefits as a percentage of company restaurant sales by 196 basis points compared to the third quarter of the previous year.