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
北卡罗来纳州夏洛特，2021年11月24日(Global Newswire)--拥有多个全国知名餐饮品牌的美国人酒店集团(Amergent Hotel Group)(场外交易市场代码：AMHG)(“amergent”或“公司”)今天提供了2021年财年第三季度业绩的以下公司最新情况
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."
美国酒店集团总裁弗雷德·格利克说：“我们2021年第三季度的业绩延续了最近几个季度不断增长的势头，其中亮点包括增加同一家门店的销售额，以及整合最近对PizzaRev的收购。我们很高兴地报告我们业务的几乎所有方面都取得了进展。”
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.
首席执行官Mike Pruitt接着说：“我们很高兴再次报告运营收益为正。在本季度，我们成功完成了对PizzaRev的收购，我们预计这将补充我们核心业务最近的强劲表现。我们继续发现自己处于非常独特和机会主义的地位，能够寻求以有吸引力的估值收购更多优质资产，这些资产的价值可以在我们的公共平台内释放出来，从而产生更大的规模和协同效应。我们还在我们的顾问Mastodon Ventures和Look的协助下，继续推进多笔潜在的交易。
"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创建了一个收购标准矩阵，其中包括收购相关的、不断增长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 third quarter 2021 restaurant level highlights include:
2021年第三季度精选餐厅级别亮点包括：
- Overall same store sales for Q3 2021 were up 17.8% compared to Q3 2020 and up 7.7% compared to Q3 2019.
- 与2020年第三季度相比，2021年第三季度的整体同店销售额增长了17.8%，与2019年第三季度相比增长了7.7%。
- Total Revenue increased from $3.96 million in 2020 to $4.66 million in 2021.
- 总收入从2020年的396万美元增加到2021年的466万美元。
- 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，同店销售额继续增长，比2020年增长10.1%，到2019年增长12.2%，其中LBB领涨，到2020年增长12.3%，到2019年增长18.4%，BGR到2020年增长26.1%，到2019年增长11.3%。
- Total Restaurant Operating expenses declined from 76.5% to 60.2%.
- 餐厅总运营费用从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，这3个汉堡品牌的忠诚度俱乐部成员增加了1.6万名粉丝，目前已超过28.3万名粉丝。PizzaRev还有一名额外的26.2万忠实会员。
- 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.
- 收购了PizzaRev品牌，并于11月在加利福尼亚州格伦代尔重新开业。计划在第四季度在加利福尼亚州普莱西亚市和加利福尼亚州影城再开两家分店。
- Opened LBB University of OR in the student center on 11/22/2021.
- LBB大学于2021年11月22日在学生中心开学。
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的业务包括43家门店，其中包括28家公司所有的门店和15家特许经营门店。该公司的品牌包括Little Big Burger、Burgers Grated Right、American Burger Company、PizzaRev、Jantzen Beach Wings和The Owls Nest游戏场所。
About Amergent Hospitality Group
关于美国酒店集团
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
前瞻性陈述
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2020年12月31日的年度10-K报表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:
美国酒店集团投资者联系人：
Jason Assad
678-570-6791
IR@amergenthg.com
杰森·阿萨德
678-570-6791
邮箱：ir@amergenthg.com
译文内容由第三方软件翻译。