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Amergent Hospitality Issues 2021 Second Quarter Update

Amergent Hospitality Issues 2021 Second Quarter Update

美国酒店问题2021年第二季度更新
Accesswire ·  2021/08/17 08:30

Reports Profitable Quarter on Revenue Growth of 22.7%

报告季度营收增长22.7%,实现盈利

CHARLOTTE, NC / ACCESSWIRE / August 17, 2021 / 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 second quarter performance

北卡罗来纳州夏洛特/ACCESSWIRE/2021年8月17日/拥有多个全国知名餐饮品牌的美国酒店集团(场外交易市场代码:AMHG)(“美国酒店”或“公司”)今天提供了2021财年第二季度业绩的以下公司最新情况

Amergent Hospitality Group's President, Fred Glick, stated, "Our second quarter 2021 performance was a continuation of momentum that has been building in recent quarters, highlights of which include reporting a profit and progress on virtually all fronts of our operations. We expect to soon compliment our own organic growth with multiple potential complimentary acquisitions."

美国酒店集团总裁弗雷德·格利克表示:“我们2021年第二季度的业绩延续了最近几个季度不断增长的势头,其中亮点包括报告了我们业务几乎所有方面的利润和进展。我们预计很快就会通过多笔潜在的免费收购来补充我们自己的有机增长。”

CEO Mike Pruitt continued, "We are clearly very pleased to report a profitable quarter earning $0.02 in earnings per share. In addition to strong results on 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. We continue to focus on assets whose value can be unlocked inside of our public platform, and which will result in greater scale and synergies. We continue to advance multiple potential transactions, following having previously entered into multiple non-binding Letters of Intent ("LOI's) with the assistance of our advisor Mastodon Ventures. We look forward to potentially entering into definitive agreements and announcing our M&A pipeline during the remainder of 2021.

首席执行官迈克·普鲁伊特继续说道:“我们很高兴公布了一个盈利季度,每股收益为0.02美元。除了我们核心业务的强劲业绩,我们继续发现自己处于一个非常独特和机会主义的位置,能够寻求以有吸引力的估值收购更多优质资产。我们继续专注于那些可以在我们的公共平台内释放价值的资产,这将带来更大的规模和协同效应。在之前签订了多份不具约束力的意向书(意向书)之后,我们继续推进多笔潜在的交易。我们期待着可能达成最终协议,并在2021年剩余时间宣布我们的并购计划。

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创建了一个收购标准矩阵,其中包括收购相关的、不断发展的品牌的餐饮和酒店资产,以及可持续的EBITDA,我们预计估值将高度增值,并产生有意义的规模。“

Select second quarter 2021 restaurant level highlights include:

2021年第二季度精选餐厅级别亮点包括:

  • Overall same store sales for Q2 2021 were up 20.1% compared to Q2 2020 and up 1.32% to Q2 2019
  • Total Revenue increased from $3.9 million in 2020 to $5.0 million in 2021
  • Reported $0.02 in EPS
  • July 2021 same store sales grew 21.55% over 2020 and up 5.59% to 2019, led by LBB which was up 21.56% to 2020 and 11.3% to 2019
  • Total Restaurant Operating expenses declined from 85.2% to 62.7%
  • Total Personnel expenses declined 5.0% to PY
  • Loyalty club membership in Q2 2021 increased by 12K fans now exceeding 267K fans company wide
  • 与2020年第二季度相比,2021年第二季度的整体同店销售额增长了20.1%,与2019年第二季度相比增长了1.32%
  • 总收入从2020年的390万美元增加到2021年的500万美元
  • 报告每股收益为0.02美元
  • 2021年7月,同店销售额比2020年增长21.55%,到2019年增长5.59%,其中LBB为首,到2020年增长21.56%,到2019年增长11.3%
  • 餐厅总运营费用从85.2%下降到62.7%
  • 总人事支出下降5.0%,至PY
  • 忠诚度俱乐部会员在2021年第二季度增加了12000名粉丝,现在全公司的粉丝超过26.7万人。

Amergent' s operations include 36 stores, consisting of 27 company owned and 9 franchised locations. The Company's brands include Little Big Burger, Burgers Grilled Right, American Burger Company, one Hooters, and the Owls Nest gaming location.

Amergent的业务包括36家门店,其中包括27家公司所有的门店和9家特许经营门店。该公司的品牌包括小巨无霸汉堡(Little Big Burger)、烤右汉堡(Burgers Grated Right)、美国汉堡公司(American Burger Company)、One Hooters和猫头鹰巢(Owls Nest)游戏场所。

About Amergent Hospitality Group
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

关于美国酒店集团美国酒店集团总部设在北卡罗来纳州夏洛特,拥有、经营和特许经营快速、休闲和全方位服务的餐厅品牌,包括美国汉堡公司、BGR-Burgers Grated Right、Little Big Burger和猫头鹰游戏场所。如需更多信息,请访问:www.amergenthg.com。

Forward-Looking Statements
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, 2019, 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.

前瞻性陈述本新闻稿包含1995年“私人证券诉讼改革法”所指的前瞻性陈述,包括有关合并结束以及合并结束后十四行诗的业务的陈述。本新闻稿中有关美国酒店集团对未来财务和/或经营结果的预期、我们测试和服务的潜力以及未来收入或增长的所有陈述均为前瞻性陈述。任何非历史事实的陈述(包括但不限于包含“将”、“相信”、“计划”、“预期”、“预期”、“估计”等词语的陈述)也应被视为前瞻性陈述。前瞻性陈述涉及美国酒店集团在截至2019年12月31日的年度10-K表格中讨论的风险和不确定性,以及提交给美国证券交易委员会的其他文件。这些前瞻性陈述仅代表截至本新闻稿发布之日的情况。美国酒店集团没有义务更新这些前瞻性陈述。

Amergent Hospitality Group Investor Contact:
Jason Assad
678-570-6791
IR@amergenthg.com

美国酒店集团投资者联系人:杰森·阿萨德678-570-6791邮箱:ir@amergenthg.com

SOURCE: Amergent Hospitality Group

资料来源:美国酒店集团


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