Mergers & Acquisitions ·
GEN Restaurant Group reported second quarter 2026 revenue of $55.7 million, a 1.2% increase year-over-year, driven by…
GENKGEN Restaurant Group, Inc.
GEN Restaurant Group reported second quarter 2026 revenue of $55.7 million, a 1.2% increase year-over-year, driven by CPG growth that offset a 9.3% decline in comparable restaurant sales and the exit of six locations. The company posted a net loss of $4.6 million ($0.14 per diluted share) compared to a $1.7 million loss in the prior year period. Restaurant-level adjusted EBITDA was $6.3 million, down from $9.0 million in Q2 2025. The Board is reviewing a non-binding letter of intent from a multi-concept restaurant operator to acquire GEN's U.S. restaurant operations while retaining its CPG business. Additionally, the company secured purchase commitments from over 100 Costco warehouses and new distribution agreements with UNFI and C&S Wholesale Grocers, bringing total retail doors to nearly 2,000. The company operates in the casual dining restaurant industry and consumer packaged goods sector.