The ONE Group Hospitality, Inc. (NASDAQ:STKS) Q1 2024 Earnings Call Transcript

Manny Hilario: Yeah. The only thing I would add to that is we also have a $40 million revolver that we brought in with this new debt deal and no covenant. So, we have the credit — the loan — term loan is a no covenant term loan, and then we only have financial covenants if we draw over a certain amount on our revolver, which we have no plans to do it any time in the near future.

Roger Lipton: Thanks very much. Good work. Thank you.

Manny Hilario: Thank you, sir.

Operator: Thank you. There are no further questions at this time. Please proceed.

Manny Hilario: Thank you, everyone, for joining today. Again, thanks to our over 10,000 teammates who work hard — very hard to — every day to live our mission of creating great memories and doing that through executing great experiences, memorable experiences and exceptional experiences at the restaurants to every guest every time. So, thank you for that. And then, I look forward to seeing you all out in our restaurants. Everyone, have a great day.

Operator: Thank you. Ladies and gentlemen, this concludes your conference call for today. We thank you for participating and ask that you please disconnect your line.