Press Releases June 2, 2026 05:45 AM

GEN Restaurant Group Secures Purchase Commitments from Approximately 60 to 70 Costco Warehouse Locations Following Successful Northwest Roadshow

GEN Restaurant Group Expands Retail Footprint with Purchase Commitments from 60-70 Costco Locations Following Successful Northwest Roadshow

By Maya Rios GENK

GEN Restaurant Group, operator of GEN Korean BBQ, has secured purchase commitments from approximately 60 to 70 Costco warehouse locations in the Northwest after a highly successful roadshow. Combined with existing commitments in Southern California and Hawaii, GEN is set to have products in over 100 Costco locations nationwide, representing more than 16% of Costco's US warehouse footprint. The company plans to continue expanding its Costco presence to reach 30-40% of all warehouses across the country, leveraging strong brand recognition and consumer demand.

GEN Restaurant Group Secures Purchase Commitments from Approximately 60 to 70 Costco Warehouse Locations Following Successful Northwest Roadshow
GENK

Key Points

  • GEN secured purchase commitments from 60-70 Costco locations in the Northwest after a successful roadshow, adding to 40 existing locations in Southern California and Hawaii.
  • The company aims to have its products in 30-40% of Costco warehouses nationwide, expanding its retail CPG distribution significantly.
  • Sales during the roadshow surpassed expectations, driven by strong brand recognition of GEN Korean BBQ.
  • Impacted sectors include consumer packaged goods (CPG), retail grocery, and restaurant/hospitality sectors as GEN bridges dining and retail markets.

CERRITOS, Calif., June 02, 2026 (GLOBE NEWSWIRE) -- GEN Restaurant Group, Inc. (“GEN” or the “Company”) (Nasdaq: GENK), operator of GEN Korean BBQ, the largest full-service Korean BBQ restaurant chain in the United States, today announced the successful completion of its first Costco roadshow across the Northwest. Following the very strong performance of the roadshow, GEN has secured purchase commitments from approximately 60 to 70 Costco warehouse locations throughout the Northwest. Together with the 40 warehouse locations across Southern California and Hawaii that have already committed, GEN now has purchase commitments from more than 100 of the approximately 633 Costco warehouse locations in the United States, or over 16% of the chain’s domestic footprint. As part of its broader retail distribution strategy, GEN is continuing the roadshow program into additional regions, where it is confident it will see the same strong results. The Company expects its products will reach at least 30% to 40% of all Costco warehouse locations nationwide.

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 David Kim, Chairman and Chief Executive Officer of GEN.

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
[email protected]  


Risks

  • GEN's expansion depends on continued strong consumer demand and acceptance in new Costco regions, which may vary.
  • Competition in the retail frozen food and ready-to-cook meat segment could impact growth potential and margins.
  • Supply chain or operational challenges in scaling product distribution to more Costco locations could affect timing and profitability.

More from Press Releases

LiqTech International Announces Pricing of $20 Million Underwritten Public Offering of Common Stock Jun 4, 2026 Correction: Keystone Acquisition Corp. Announces Closing of $287.5 Million Initial Public Offering Including Exercise of Underwriters’ Over-Allotment Option Jun 4, 2026 Verizon declares quarterly dividend on June 4, 2026 Jun 4, 2026 AmperCap Acquisition Company Completes its $125,000,000 Initial Public Offering Jun 4, 2026 Algoma Steel Releases 2025 Sustainability Report Jun 4, 2026