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GEN Restaurant Group, Inc. Class A (GENK)
NASDAQ:GENK
US Market
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GEN Restaurant Group, Inc. Class A (GENK) AI Stock Analysis

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GENK

GEN Restaurant Group, Inc. Class A

(NASDAQ:GENK)

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Neutral 49 (OpenAI - Gpt-5.6Sol)
Rating:49Neutral
Price Target:
$1.50
▼(-23.86% Downside)
Action:Reiterated
Date:08/11/26
The score is held down primarily by weak financial quality (compressed margins, operating losses, negative operating cash flow and deeply negative free cash flow, plus leverage risk). Technicals also remain soft with the stock trading below major moving averages. These are partly offset by constructive earnings-call takeaways around accelerating CPG traction and reaffirmed revenue guidance, as well as incremental liquidity flexibility from the ATM facility.
Positive Factors
CPG Expansion
Rapid CPG adoption broadens GEN beyond restaurant traffic and creates a scalable retail channel. Nearly 2,000 doors and a $35–$40 million projected run rate provide a meaningful platform for sustained revenue diversification.
Negative Factors
Severe Margin Compression
Top-line growth has not translated into durable profitability. Collapsing gross margin and sizable operating losses suggest weak current unit economics, leaving GEN exposed to food, labor, promotional and CPG scaling costs.
Read all positive and negative factors
Positive Factors
Negative Factors
CPG Expansion
Rapid CPG adoption broadens GEN beyond restaurant traffic and creates a scalable retail channel. Nearly 2,000 doors and a $35–$40 million projected run rate provide a meaningful platform for sustained revenue diversification.
Read all positive factors

GEN Restaurant Group, Inc. Class A (GENK) vs. SPDR S&P 500 ETF (SPY)

GEN Restaurant Group, Inc. Class A Business Overview & Revenue Model

Company Description
GEN Restaurant Group, Inc. operates restaurants in the United States. The company offers meats, poultry, and seafood. GEN Restaurant Group, Inc. was founded in 2011 and is based in Cerritos, California....
How the Company Makes Money
GEN Restaurant Group primarily generates revenue from restaurant sales at its GEN Korean BBQ House locations. The core revenue stream is food and beverage sales to guests, typically through dine-in service, which may include set-price dining and/o...

GEN Restaurant Group, Inc. Class A Earnings Call Summary

Earnings Call Date:Aug 10, 2026
(Q2-2026)
|
% Change Since: |
Next Earnings Date:Nov 17, 2026
Earnings Call Sentiment Positive
The call presents a strong strategic pivot toward a rapidly scaling CPG business with clear early indicators of traction: very large sequential CPG revenue growth (341%), nearly 2,000 retail doors, and a projected $35M–$40M 12-month run rate. Management reinforced capital discipline, improved cash versus year-end, and noted sequential improvement in restaurant-level margins. Offsetting these positives are near-term profitability pressures (widening net loss), higher COGS driven largely by retail COGS for CPG, increased debt to fund inventory, and execution risks related to scaling new SKUs and an uncertain nonbinding LOI to sell restaurant operations. Taken together, the material momentum and sizable growth runway in CPG materially outweigh the near-term earnings and balance-sheet pressures.
Positive Updates
CPG Revenue Surge and Traction
CPG revenue grew 341% sequentially from Q1 to Q2 2026; June was the biggest month with CPG revenue surpassing $2.0M. Management reports nearly 2,000 retail doors already carrying GEN products and a 12-month revenue run rate estimate of $35M–$40M based on current pipeline.
Negative Updates
Widening Net Loss and Operating Loss
Net loss widened to $4.6M in Q2 2026 compared to $1.7M in Q2 2025 (increase of $2.9M, ~171%). Loss from operations was $5.2M (9.2% of revenue) versus a loss of $1.9M (3.4% of revenue) a year ago.
Read all updates
Q2-2026 Updates
Negative
CPG Revenue Surge and Traction
CPG revenue grew 341% sequentially from Q1 to Q2 2026; June was the biggest month with CPG revenue surpassing $2.0M. Management reports nearly 2,000 retail doors already carrying GEN products and a 12-month revenue run rate estimate of $35M–$40M based on current pipeline.
Read all positive updates
Company Guidance
GEN reaffirmed full-year revenue guidance of $215–$225 million and said it expects its CPG division to deliver EBITDA margins in the high teens at scale; CPG revenue surged 341% sequentially, June topped $2.0 million, GEN products are in nearly 2,000 doors (above its 1,500–2,000 target) and management estimates a 12‑month CPG run rate of $35–$40 million (versus a prior run‑rate disclosure in excess of $20 million), with >1,000 additional doors presented and >8,000 doors in active outreach; the company noted it buys over $40 million of meat annually, reported Q2 total revenue of $55.7 million (+1.2% YoY), COGS 39.1% (vs 33.8% prior year), payroll and benefits 28% (vs 30.1%), occupancy 9.6% (vs 9.3%), other operating costs 12.1% (vs 10.7%), loss from operations $5.2 million (9.2% of revenue), net loss $4.6 million (−$0.14/share), restaurant‑level adjusted EBITDA $6.3 million (11.3%, up from 7.4% in Q1), cash $5.9 million, total debt $24 million (including an $11 million net draw), H1 CapEx $5.3 million (vs $16.5 million prior year), and management expects to complete the fifth restaurant transfer in Q3 while keeping development spending near maintenance levels.

GEN Restaurant Group, Inc. Class A Financial Statement Overview

Summary
Despite strong TTM revenue growth (+32.9%), profitability has deteriorated sharply (TTM gross margin ~3.9% and operating margin ~-10.7%), and cash generation has weakened with negative operating cash flow (TTM about -$2.9M) and deeply negative free cash flow (TTM about -$19.5M). Leverage is also high relative to a thin equity base, limiting flexibility.
Income Statement
34
Negative
Balance Sheet
27
Negative
Cash Flow
22
Negative
BreakdownTTMMar 2026Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue209.79M212.54M208.38M181.01M163.73M140.56M
Gross Profit10.52M19.47M21.92M24.61M27.61M28.14M
EBITDA-14.47M-3.99M18.96M21.61M19.47M57.88M
Net Income-4.38M-3.03M592.00K8.41M10.28M49.86M
Balance Sheet
Total Assets247.78M259.86M240.41M183.87M138.88M53.84M
Cash, Cash Equivalents and Short-Term Investments5.93M2.82M23.68M32.63M11.20M9.89M
Total Debt188.19M187.22M163.01M123.77M126.08M14.90M
Total Liabilities230.32M231.85M196.30M147.85M145.64M43.14M
Stockholders Equity13.57M14.02M12.73M7.47M-10.01M8.89M
Cash Flow
Free Cash Flow-19.48M-24.32M-6.00M5.01M15.29M38.52M
Operating Cash Flow-2.89M3.41M17.83M22.16M23.40M39.80M
Investing Cash Flow-16.59M-27.73M-26.80M-6.31M2.57M-18.53M
Financing Cash Flow16.09M3.46M18.00K5.58M-24.66M-18.54M

GEN Restaurant Group, Inc. Class A Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1.97
Price Trends
50DMA
1.96
Positive
100DMA
1.93
Positive
200DMA
2.05
Negative
Market Momentum
MACD
-0.01
Negative
RSI
51.89
Neutral
STOCH
45.66
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GENK, the sentiment is Positive. The current price of 1.97 is above the 20-day moving average (MA) of 1.95, above the 50-day MA of 1.96, and below the 200-day MA of 2.05, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 51.89 is Neutral, neither overbought nor oversold. The STOCH value of 45.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GENK.

GEN Restaurant Group, Inc. Class A Risk Analysis

GEN Restaurant Group, Inc. Class A disclosed 68 risk factors in its most recent earnings report. GEN Restaurant Group, Inc. Class A reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

GEN Restaurant Group, Inc. Class A Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
84
Outperform
$44.06M15.0419.21%3.20%9.92%
67
Neutral
$93.66M14.179.84%1.89%6.14%53.60%
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
52
Neutral
$191.50M-5.9929.24%-3.71%50.04%
49
Neutral
$64.94M-2.37-31.91%-2.94%-462.05%
48
Neutral
$52.29M-0.43-69.17%-4.06%-154.36%
46
Neutral
$93.62M-3.8750.91%0.19%46.85%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GENK
GEN Restaurant Group, Inc. Class A
1.98
-1.26
-38.89%
BDL
Flanigan's Enterprises
50.57
21.00
71.00%
RAVE
Rave Restaurant Group
3.12
-0.19
-5.74%
RRGB
Red Robin Gourmet
9.67
3.01
45.20%
NDLS
Noodles & Co
15.51
9.78
170.54%
STKS
The ONE Group Hospitality
1.66
-1.19
-41.75%

GEN Restaurant Group, Inc. Class A Corporate Events

Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
GEN Restaurant Group Announces ATM Equity Sales Agreement
Positive
Aug 10, 2026
On August 10, 2026, GEN Restaurant Group, Inc. entered into a Sales Agreement with Roth Capital Partners, LLC allowing the company to sell up to $3,740,000 of its Class A common stock in an at‑the‑market offering under an effective she...
Executive/Board ChangesShareholder Meetings
GEN Restaurant Group Stockholders Back Directors, Auditor at Meeting
Positive
Jun 26, 2026
GEN Restaurant Group, Inc. held its 2026 Annual Meeting of Stockholders virtually on June 23, 2026, with 99% of the combined voting power of its Class A and Class B shares present, satisfying quorum requirements and underscoring strong shareholder...
Business Operations and StrategyExecutive/Board Changes
GEN Restaurant Group Announces CFO Transition and Expansion Focus
Positive
Jun 3, 2026
GEN Restaurant Group has implemented a planned finance leadership transition, with longtime Chief Financial Officer and Secretary Thomas V. Croal retiring effective at the close of business on June 1, 2026, after months of succession planning disc...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 11, 2026