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Restaurant founder, Michael McDermott, decided to create Kona Grill with more American-themed menu items. The new restaurant was made to have a modern ambiance. McDermott sold Sushi on Shea in 2002 to focus on expanding Kona Grill. [8] Kona Grill went public on August 16, 2005, with an initial public offering of $11 per share on the NASDAQ. The ...
The results showed that Kona struggled during the first few months of 2024 as guest traffic dropped by 14% and same-store sales decreased by 9.7%.RELATED: 10 Restaurant Chains Tha
STK Steakhouse (sometimes referred to as STK) is a modern steakhouse-lounge restaurant chain. They are owned by The ONE Group, a global hospitality company that also owns Kona Grill . [ 2 ]
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Sushi on Shea was sold in 2002 so efforts could be focused on growing Kona Grill. [3] Kona Grill went public on August 16, 2005 with an IPO of 2,875,000 shares at a cost of $11 per share. The company raised $28.8 million and grew its restaurant base to 9 locations by December 31, 2005. [4] [5] By 2014, Kona Grill had grown to 26 restaurants in ...
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The Corner Office Restaurant + Martini Bar, Denver (opened July 2007). [2] Second Home Kitchen + Bar, Denver (opened May 2008). [3] Kachina Southwestern Grill, Westminster (opened September 2012) [4] Departure Restaurant + Lounge (opened August 2016) Kachina Southwestern Grill, Denver (opened April 2017) Urban Farmer, Denver (opened August 2017 ...
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