Amergent Hospitality Issues 2021 Third Quarter Update
Amergent Hospitality Issues 2021 Third Quarter Update
CHARLOTTE, N.C., Nov. 24, 2021 (GLOBE NEWSWIRE) -- Amergent Hospitality Group (OTCQB:AMHG) ("Amergent" or the "Company"), owner, operator and franchisor of multiple nationally-recognized restaurant brands, today provided the following corporate update covering its fiscal year 2021 third quarter performance
北卡羅來納州夏洛特，2021年11月24日(Global Newswire)--擁有多個全國知名餐飲品牌的美國人酒店集團(Amergent Hotel Group)(場外交易市場代碼：AMHG)(“amergent”或“公司”)今天提供了2021年財年第三季度業績的以下公司最新情況
Amergent Hospitality Group's President, Fred Glick, stated, "Our third quarter 2021 performance was a continuation of momentum that has been building in recent quarters, highlights of which include increasing same store sales and integrating the recent acquisition of PizzaRev. We are pleased to report progress on virtually all fronts of our operations."
美國酒店集團總裁弗雷德·格利克説：“我們2021年第三季度的業績延續了最近幾個季度不斷增長的勢頭，其中亮點包括增加同一家門店的銷售額，以及整合最近對PizzaRev的收購。我們很高興地報告我們業務的幾乎所有方面都取得了進展。”
CEO Mike Pruitt continued, "We are pleased to again report positive income from operations. During the quarter, we successfully closed the acquisition of PizzaRev which we expect to complement the recent strong performance of our core business. We continue to find ourselves in a highly unique and opportunistic position of being able seek to acquire additional quality assets at attractive valuations, and whose value can be unlocked inside of our public platform resulting in greater scale and synergies. We also continue to advance multiple potential transactions with the assistance of our advisor Mastodon Ventures and look forward to potentially entering into definitive agreements during the remainder of 2021.
首席執行官Mike Pruitt接着説：“我們很高興再次報告運營收益為正。在本季度，我們成功完成了對PizzaRev的收購，我們預計這將補充我們核心業務最近的強勁表現。我們繼續發現自己處於非常獨特和機會主義的地位，能夠尋求以有吸引力的估值收購更多優質資產，這些資產的價值可以在我們的公共平臺內釋放出來，從而產生更大的規模和協同效應。我們還在我們的顧問Mastodon Ventures和Look的協助下，繼續推進多筆潛在的交易。
"Amergent has created a criteria matrix for acquisitions which includes acquiring restaurant and hospitality assets that are relevant, growing brands, with sustainable EBITDA, at valuations which we anticipate being highly accretive and resulting in meaningful scale."
Amergent創建了一個收購標準矩陣，其中包括收購相關的、不斷增長的品牌的餐飲和酒店資產，以及可持續的EBITDA，我們預計估值將高度增值，併產生有意義的規模。“
Select third quarter 2021 restaurant level highlights include:
2021年第三季度精選餐廳級別亮點包括：
- Overall same store sales for Q3 2021 were up 17.8% compared to Q3 2020 and up 7.7% compared to Q3 2019.
- 與2020年第三季度相比，2021年第三季度的整體同店銷售額增長了17.8%，與2019年第三季度相比增長了7.7%。
- Total Revenue increased from $3.96 million in 2020 to $4.66 million in 2021.
- 總收入從2020年的396萬美元增加到2021年的466萬美元。
- October 2021 same store sales growth continued at 10.1% over 2020 and up 12.2% to 2019, led by both LBB which was up 12.3% to 2020 and 18.4% to 2019 and BGR up 26.1% to 2020 and 11.3% to 2019.
- 2021年10月，同店銷售額繼續增長，比2020年增長10.1%，到2019年增長12.2%，其中LBB領漲，到2020年增長12.3%，到2019年增長18.4%，BGR到2020年增長26.1%，到2019年增長11.3%。
- Total Restaurant Operating expenses declined from 76.5% to 60.2%.
- 餐廳總運營費用從76.5%下降到60.2%。
- Loyalty club membership for the 3 burger brands in Q3 2021 increased by 16K fans now exceeding 283K fans. PizzaRev has an additional 262K loyalty member.
- 2021年第三季度，這3個漢堡品牌的忠誠度俱樂部成員增加了1.6萬名粉絲，目前已超過28.3萬名粉絲。PizzaRev還有一名額外的26.2萬忠實會員。
- Acquired the PizzaRev brand and re-opened Glendale, CA in November. Plan to re-open two additional locations in Placentia, CA and Studio City, CA in Q4.
- 收購了PizzaRev品牌，並於11月在加利福尼亞州格倫代爾重新開業。計劃在第四季度在加利福尼亞州普萊西亞市和加利福尼亞州影城再開兩家分店。
- Opened LBB University of OR in the student center on 11/22/2021.
- LBB大學於2021年11月22日在學生中心開學。
Amergent's operations include 43 stores, consisting of 28 company owned and 15 franchised locations. The Company's brands include Little Big Burger, Burgers Grilled Right, American Burger Company, PizzaRev, Jantzen Beach Wings and the Owls Nest gaming location.
Amergent的業務包括43家門店，其中包括28家公司所有的門店和15家特許經營門店。該公司的品牌包括Little Big Burger、Burgers Grated Right、American Burger Company、PizzaRev、Jantzen Beach Wings和The Owls Nest遊戲場所。
About Amergent Hospitality Group
關於美國酒店集團
Headquartered in Charlotte, NC, Amergent Hospitality Group owns, operates, and franchises fast, casual, and full-service restaurant brands, including American Burger Company, BGR - Burgers Grilled Right, Little Big Burger, and Hooters gaming venue. For more information, please visit: www.amergenthg.com
美國酒店集團總部設在北卡羅來納州夏洛特，擁有、經營和特許經營快速、休閒和全方位服務的餐廳品牌，包括美國漢堡公司、BGR-Burgers Grated Right、Little Big Burger和貓頭鷹遊戲場所。如需更多信息，請訪問：www.amergenthg.com。
Forward-Looking Statements
前瞻性陳述
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the closing of the merger and Sonnet's operations following the closing of the merger. All statements pertaining to Amergent Hospitality Group's expectations regarding future financial and/or operating results, potential for our tests and services and future revenues or growth in this press release constitute forward-looking statements. Any statements that are not historical fact (including, but not limited to, statements that contain words such as "will," "believes," "plans," "anticipates," "expects," "estimates") should also be considered to be forward-looking statements. Forward-looking statements involve risks and uncertainties discussed in the Amergent Hospitality Group's Form 10-K for the year ended December 31, 2020, along with other filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date hereof. Amergent Hospitality Group disclaims any obligation to update these forward-looking statements.
本新聞稿包含1995年“私人證券訴訟改革法”所指的前瞻性陳述，包括有關合並結束以及合併結束後十四行詩的業務的陳述。本新聞稿中有關美國酒店集團對未來財務和/或經營結果的預期、我們測試和服務的潛力以及未來收入或增長的所有陳述均為前瞻性陳述。任何非歷史事實的陳述(包括但不限於包含“將”、“相信”、“計劃”、“預期”、“預期”、“估計”等詞語的陳述)也應被視為前瞻性陳述。前瞻性陳述涉及美國酒店集團在截至2020年12月31日的年度10-K報表中討論的風險和不確定性，以及提交給美國證券交易委員會的其他文件。這些前瞻性陳述僅代表截至本新聞稿發佈之日的情況。美國酒店集團沒有義務更新這些前瞻性陳述。
Amergent Hospitality Group Investor Contact:
美國酒店集團投資者聯繫人：
Jason Assad
678-570-6791
IR@amergenthg.com
傑森·阿薩德
678-570-6791
郵箱：ir@amergenthg.com
譯文內容由第三人軟體翻譯。