Quarterly report [Sections 13 or 15(d)]

Segment Reporting (Details)

v3.25.3
Segment Reporting (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
USD ($)
Sep. 28, 2025
USD ($)
Sep. 30, 2024
USD ($)
Sep. 30, 2025
USD ($)
Sep. 28, 2025
USD ($)
segment
Sep. 30, 2024
USD ($)
Segment Reporting Information [Line Items]            
Number of reportable segments | segment         3  
Owned restaurant net revenue   $ 177,424 $ 190,587   $ 588,729 $ 441,116
Owned restaurant cost of sales   (37,412) (39,880)   (123,722) (94,471)
Owned restaurant operating expenses   (119,901) (126,223)   (378,169) (279,633)
Restaurant operating profit   20,111 24,484   86,838 67,012
Management, license, franchise and incentive fee revenue   2,776 3,388   9,979 10,348
General and administrative expenses   (12,028) (11,234)   (33,679) (26,549)
Stock based compensation   (1,246) (1,580)   (4,348) (4,433)
Depreciation and amortization   (11,530) (9,416)   (32,229) (22,701)
Loss on impairment of long-lived assets $ (3,400) (3,386)   $ (3,400) (3,386)  
Transition and integration expenses   (2,607) (6,274)   (10,275) (10,068)
Pre-opening expenses   (698) (2,118)   (3,958) (7,548)
Transaction and exit costs   (13) (850)   (143) (8,728)
Lease termination and exit income (expenses)   278     (5,428) (471)
Other income (expenses)   470 (46)   147 (78)
Interest expense, net of interest income   (10,483) (10,679)   (30,600) (20,622)
Loss on early debt extinguishment           (4,149)
Loss before provision (benefit) for income taxes   (18,356) (14,325)   (27,082) (27,987)
Reconciliation of total revenues            
Owned restaurant net revenue   177,424 190,587   588,729 441,116
Management, license, franchise and incentive fee revenue   2,776 3,388   9,979 10,348
Revenues   180,200 193,975   598,708 451,464
STK            
Segment Reporting Information [Line Items]            
Owned restaurant net revenue   45,832 44,724   152,017 145,770
Owned restaurant cost of sales   (11,131) (10,941)   (36,577) (35,161)
Owned restaurant operating expenses   (28,822) (27,236)   (91,169) (83,840)
Restaurant operating profit   5,879 6,547   24,271 26,769
Management, license, franchise and incentive fee revenue   2,234 2,667   8,271 9,023
Reconciliation of total revenues            
Owned restaurant net revenue   45,832 44,724   152,017 145,770
Management, license, franchise and incentive fee revenue   2,234 2,667   8,271 9,023
Benihana            
Segment Reporting Information [Line Items]            
Owned restaurant net revenue   99,994 103,770   330,735 181,655
Owned restaurant cost of sales   (19,318) (19,801)   (64,246) (35,055)
Owned restaurant operating expenses   (66,748) (66,859)   (208,903) (113,325)
Restaurant operating profit   13,928 17,110   57,586 33,275
Management, license, franchise and incentive fee revenue   467 675   1,489 1,096
Reconciliation of total revenues            
Owned restaurant net revenue   99,994 103,770   330,735 181,655
Management, license, franchise and incentive fee revenue   467 675   1,489 1,096
Grill Concepts            
Segment Reporting Information [Line Items]            
Owned restaurant net revenue   31,383 41,834   105,489 113,286
Owned restaurant cost of sales   (6,961) (9,130)   (22,892) (24,240)
Owned restaurant operating expenses   (24,303) (32,071)   (77,859) (82,373)
Restaurant operating profit   119 633   4,738 6,673
Reconciliation of total revenues            
Owned restaurant net revenue   31,383 41,834   105,489 113,286
Other            
Segment Reporting Information [Line Items]            
Owned restaurant net revenue   215 259   488 405
Owned restaurant cost of sales   (2) (8)   (7) (15)
Owned restaurant operating expenses   (28) (57)   (238) (95)
Restaurant operating profit   185 194   243 295
Management, license, franchise and incentive fee revenue   75 46   219 229
Reconciliation of total revenues            
Owned restaurant net revenue   215 259   488 405
Management, license, franchise and incentive fee revenue   $ 75 $ 46   $ 219 $ 229