GEN Restaurant Group Secures Purchase Commitments from Approximately 60 to 70 Costco Warehouse Locations Following Successful Northwest Roadshow
Consumer reception during the first series of events significantly exceeded the Company’s internal expectations. Sales approached record levels for a Costco roadshow, surpassing even the expectations of Costco’s regional team. The Company believes existing recognition of the GEN Korean BBQ brand drove much of this demand and is a primary driver of the early success and growth of its CPG business.
The approximately 60 to 70 Northwest warehouse locations are expected to begin receiving GEN products in Costco freezer sections starting in August.
“The level of response during the initial roadshow surprised us and reinforced our confidence in the strength of the GEN brand. Costco members already know who we are, and that recognition is translating directly into sales as we expand our retail business,” said
GEN’s ready-to-cook marinated meats are prepared using the same recipes and quality standards featured across the Company’s restaurant operations, offering consumers a convenient way to recreate the GEN Korean BBQ experience at home.
For more information or to locate a GEN Korean BBQ restaurant, visit www.genkoreanbbq.com.
About GEN Restaurant Group, Inc.
GEN Restaurant Group (Nasdaq: GENK) owns and operates GEN Korean BBQ, a full-service Korean BBQ dining concept with 50+ locations across the United States. The Company is engaged in expanding its brand through retail, consumer packaged goods, and experiential channels.
Investor Relations Contact:
Thomas V. Croal
1-562-356-9929
investor@genbbqoffice.com
