Kona Grill

Financing

Q1 proves a mixed experience for restaurant chains and suppliers

Earnings roundup: Inflation eased, but so did traffic—at least for some. Weather, meanwhile, was a wallop for at least one, a non-issue for the rest.

Financing

Kona Grill's parent finds customers are ready to dine out again

Sales trends have convinced One Group Hospitality that customers are about to pack dining rooms to indulge their pent-up demand for dining out.

Here’s a snapshot of how those operations fared during Q3, along with a look at how they intend to improve their performance.

Practices from sister brand STK were transplanted into the holding, with stronger than expected results, according to new parent One Group Hospitality.

One Group says it will adopt some of what’s worked for its main concept, STK.

The parties withdrew their lawsuits against each other, clearing the way for a sale of Kona to proceed.

One Group intends to use the concept as a growth vehicle. The deal has yet to be approved by the bankruptcy court overseeing Kona’s operation.

A bankruptcy court has OK'd the sale of 24 restaurants to Williston Holding, the company headed by Marcus Jundt. 

A company operated by Marcus Jundt has a $27 million stalking horse bid to buy the struggling casual-dining chain.

Restaurant operators can learn a lot from the decisions that led the chain to file for bankruptcy, says RB’s The Bottom Line.

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