Steakhouses tend to suffer when stocks turn down and Wall Street tightens up. Luckily, there is more to the STK experience than power lunches, said ONE Group CEO Jonathan Segal.
The ONE Group's deal to buy the sushi-focused Katsuya and Mediterranean-inspired Cleo restaurant brands is more than a simple merger of surf and turf.
The ONE Group’s (STKS) agreement to acquire the Katsuya and Cleo restaurant brands is more than a simple merger of surf and turf. It’s a transformative deal.
STK restaurants are seeing international growth due to a nontraditional recipe of building steakhouses around the bar and DJ booth, said Jonathan Segal, CEO of The ONE Group.