All domestic locations are currently opened and operating for either in-person dining and/or take-out and delivery options, in compliance with directions from local authorities. The Company is addressing each restaurant on a case-by-case basis and has put in place enhanced sanitizing measures across all restaurants. Select restaurants will be impacted by temporary closures, such as the STK in
'The health, safety and well-being of our employees and customers remains our top priority as the impact of COVID-19 continues to rapidly evolve. We are closely monitoring the situation and following all guidance from the CDC and federal and local authorities, and we continue to take measures to ensure our team and customers are safe. I genuinely thank each and every one of our guests for standing by us during this time,' said Emanuel 'Manny' Hilario, President and CEO of
2020 Targets Suspended
Due to the unprecedented market conditions domestically and internationally, and the effect COVID-19 will have on our operations and financial performance, the extent of which is not currently known, the Company is suspending guidance for 2020. The Company will provide a business update on its fourth quarter earnings call.
Conference Call Details for Fourth Quarter and Year End 2019 Results
The conference call can be accessed live over the phone by dialing 1-201-493-6780. A replay will be available after the call and can be accessed by dialing 1-412-317-6671; the passcode is 13699111. The replay will be available until
The webcast can be accessed from the Investor Relations tab of
About
STK, a modern twist on the American steakhouse concept with 20 restaurants in major metropolitan cities in the
ONE Hospitality,
Investors:
ICR
(646) 277-1224
Michelle.Michalski@icrinc.com
Media:
ICR
(203) 682-8276
Kate.OttavioKent@icrinc.com
Source:
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