GEN Restaurant Group's Grocery Store Sales Create A New Growth Driver

2025-11-19 02:40:35 ET

My investment thesis for GEN Restaurant Group ( GENK ) is that it has found a new growth opportunity in packaged foods, and this opportunity isn’t priced in yet. Its main concept GEN Korean BBQ is a casual-dining restaurant with a unique niche in Korean barbecue. It’s been rapidly adding new restaurants, but they haven’t been performing very well. But now, GEN has convinced Albertsons ( ACI ) to stock its restaurant-quality Korean food at its grocery stores in Southern California. And because of GEN’s small size, this deal could produce strong growth for the company as a whole....

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