Welcome to our dedicated page for GEN Restaurant Group SEC filings (Ticker: GENK), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
GEN Restaurant Group, Inc.'s SEC filings document the public-company reporting of a Nasdaq-listed restaurant operator built around GEN Korean BBQ. Its 8-K filings include financial-result announcements and material-event disclosures related to operating performance, restaurant growth and the company’s consumer packaged goods activity.
Proxy and annual meeting records cover board classification, director elections, auditor ratification and stockholder voting matters. The filings also describe the company’s Class A and Class B common stock voting structure and governance actions affecting board composition.
GEN Restaurant Group, Inc. announced a planned chief financial officer succession. Thomas V. Croal retired as CFO, secretary, principal financial officer and principal accounting officer effective June 1, 2026, after a succession process with no disagreements over accounting, controls, or company policies.
The board appointed Luke A. Hewko, a CPA with prior CFO and e-commerce operating experience, as the new CFO effective the same day. Croal will stay employed through June 30, 2026 and then be available as a consultant at $250 per hour to support transition.
Under his offer letter, Hewko receives an annual base salary of $300,000 and eligibility for standard benefits, with equity terms to be negotiated later. A related press release highlights GEN’s plans to expand its Korean BBQ brand into consumer packaged goods, retail, and online channels and frames Hewko’s background as aligned with these multi‑channel growth goals.
GEN Restaurant Group, Inc. filed a shelf registration to offer up to $50,000,000 of Class A common stock, par value $0.001, on a "subject to completion" prospectus dated May 19, 2026. Offers will be made from time to time by prospectus supplement describing amounts, prices and distribution methods.
The company reports 59 company-owned restaurants across U.S. states and six stores in South Korea. Its common stock trades on the Nasdaq Global Market under the symbol GENK; the last reported sale price on May 18, 2026 was $2.30 per share.
GEN Restaurant Group reported weaker results for the quarter ended March 31, 2026, with revenue of $53.9 million compared to $57.3 million a year earlier, as comparable restaurant sales declined.
Net loss widened to $7.2 million, with a net loss attributable to Class A shareholders of $1.2 million, or $0.22 per share. Food, occupancy and operating costs all consumed a higher share of sales, while the company continued opening new locations and recorded pre-opening costs of $1.8 million.
GEN Restaurant Group reported weaker results for the first quarter of 2026. Revenue was $53.9 million, down 6.0% from $57.3 million a year earlier, driven by an 8.8% decline in comparable restaurant sales despite operating 59 restaurants versus 49 previously.
The company posted a net loss of $7.2 million, or $(0.22) per Class A share, compared with a $2.0 million loss, or $(0.06) per share, last year. Net loss margin widened to (13.4)%. Adjusted EBITDA fell to $(3.2) million from $1.2 million, and restaurant-level adjusted EBITDA margin declined to 7.4% from 15.6%.
Management is slowing new restaurant development, suspending construction on six stores and planning 5–7 openings in 2026 to conserve capital. At the same time, it is aggressively growing a consumer packaged goods division, targeting over 2,000 supermarket locations by year-end 2026 and 7,000–8,000 by year-end 2027, with long-term ambitions for over $100 million in annual CPG revenue.
GEN Restaurant Group, Inc. is asking stockholders to vote at its virtual 2026 annual meeting on June 23, 2026. Investors will elect two Class III directors, Jae Chang and David H. Park, to terms running to the 2029 meeting, and consider ratifying CBIZ CPAs P.C. as independent auditor for 2026.
The company uses a dual‑class structure: as of April 24, 2026 there were 5,364,808 Class A shares with one vote each and 27,599,810 Class B shares with ten votes each. All directors except CEO David Kim and co‑founder Jae Chang are deemed independent under Nasdaq rules, and the board is staggered into three classes.
CBIZ billed $396,550 in audit fees for 2025, up from $370,800 in 2024 (then with Marcum LLP). For 2025, CEO David Kim earned total compensation of $1,012,782, including a higher base salary of $750,000, while CFO Thomas V. Croal received $412,142. The proxy also details related‑party arrangements, including a tax receivable agreement with pre‑IPO owners that could generate substantial future payments as Class B units are exchanged into Class A stock.
GEN Restaurant Group, Inc. reported changes to how its Board of Directors is divided among director classes, without adding or removing any directors. Effective April 30, 2026, Jae Chang and David Park moved from Class II to Class III, while David Kim moved from Class III to Class II.
To implement this, each director formally resigned contingent on immediate reappointment to a different class, so their Board service is considered continuous. No committee assignments were changed, and the overall size and membership of the Board remain the same.
GEN Restaurant Group, Inc., operator of GEN Korean BBQ, files its annual report detailing rapid expansion and key risks around its Korean casual dining concept. The company operates 57 company-owned restaurants as of December 31, 2025 across 11 U.S. states and South Korea, and employs about 2,700 people.
GEN highlights an “all-you-can-eat” grill-at-table format with lunch prices generally around $20.95–$20.99 and dinner $29.99–$33.95, with higher pricing at marquee Las Vegas and Manhattan locations. New units opened in 2022 delivered average Payback Periods of about 1.9 years (over 50% ROI), while 2023–2024 openings averaged 2.2 years (about 45% ROI, both as defined by the company). The group opened 15 restaurants in 2025, including six in South Korea, and has signed 18 new leases, targeting average Net Build-Out Costs under $3.0 million and AUVs of $4.0–$5.0 million for new units.
Beyond restaurants, GEN expanded ready-to-cook grocery partnerships to over 800 locations in 2025, with an expected reach of 1,500–2,500 stores in 2026. The filing emphasizes risks from inflation in food, labor, construction and utilities, geographic concentration in California and Texas, reliance on major supplier Sysco for a large share of food costs, and extensive regulatory, labor, and competitive pressures.
GEN Restaurant Group reported weak fourth-quarter and full-year 2025 results, swinging from profit to loss despite modest revenue growth. Full-year revenue rose 2.0% to $212.5 million, but comparable restaurant sales fell 7.9% and restaurant-level adjusted EBITDA margin contracted to 13.8% from 17.7%.
Net (loss) income was ($19.4 million) in 2025 versus net income of $4.5 million in 2024, with adjusted EBITDA dropping to $0.7 million. In Q4 2025, revenue declined 9.0% to $49.7 million, same-store sales fell 11.6%, and loss from operations widened to ($12.2 million), including a $5.5 million impairment.
The company opened 15 new restaurants in 2025, reaching 57 locations, but cash fell to $2.8 million. Management highlighted strong Costco gift card sales of $29 million and rapid expansion of its consumer-packaged-goods business into over 800 grocery locations as key future growth drivers.