Kona Grill, Inc. (KONA) - 500 Beiträge pro Seite

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Profile:Kona Grill, Inc. engages in the ownership and operation of casual dining restaurants in the United States. Its menu features a selection of appetizers, pizzas, sandwiches, salads, noodle dishes, signature entrees, sauces and dressings, and desserts. The company’s restaurants feature dining area, bar, outdoor patio, and sushi bar. Its customers primarily include everyday diners, couples, larger social groups, families, singles, and empty-nesters, as well as special occasion customers. Kona Grill’s restaurants are located in areas, such as retail centers, shopping malls, lifestyle centers, and entertainment centers that are situated near commercial office space and residential housing. As of August 16, 2005, it owned and operated seven casual dining restaurants in Scottsdale, Arizona; Chandler, Arizona; Kansas City, Missouri; Las Vegas, Nevada; Denver, Colorado; Omaha, Nebraska; and Carmel, Indiana. The company was founded by Michael McDermott and was incorporated in 1996. Kona Grill is headquartered in Scottsdale, Arizona.

http://www.konagrill.com/

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Kona Grill, Inc. Expands Presence in Texas with San Antonio Opening
Friday September 16, 4:05 pm ET


SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Sept. 16, 2005--Kona Grill, Inc. (NASDAQ: KONA - News), an American grill and sushi bar, has opened in The Shops at La Cantera, in San Antonio, Texas. This unique, new restaurant offers diners freshly prepared food, personalized service, and a warm contemporary ambiance that creates an exceptional, yet affordable, dining experience.



"We are excited with our continued Texas expansion into San Antonio -- it gives us the opportunity to introduce our outstanding American fare and award-winning sushi to a second market in the Lone Star State. Our San Antonio restaurant is located in a new, first-class retail environment in the bustling northwest corridor of the city, between La Cantera Parkway and Loop 1604. We hope to build a loyal guest following for the Kona brand in the greater San Antonio area with our diverse selection of menu offerings, including our extensive selection of sushi," said Don Dempsey, Chief Executive Officer and President of Kona Grill.

The San Antonio restaurant, with its contemporary interior, covered patio and lively lounge seats approximately 260 diners. The generously-sized booths and comfortable table and chair settings invite diners to relax and enjoy the fun atmosphere. The patio is covered and incorporates both fans and heaters to ensure the comfort of all guests. A phenomenal 2,000 gallon salt-water aquarium separates the dining room and lounge and provides a main focal point of the restaurant.

The Shops at La Cantera, which opened today, offers the entire San Antonio region an unprecedented variety of complimentary, high-quality entertainment, retail and dining options. In addition to Neiman Marcus and Nordstrom, The Shops at La Cantera also includes flagship stores from Dillard`s and Foley`s, as well as 150 total shops and restaurants in 1.3 million square feet of total retail space.

About Kona Grill

Kona Grill is open daily for lunch and dinner. Sunday through Thursday, the restaurant is open from 11 a.m. to 11 p.m., and until midnight on Friday and Saturday. The restaurant offers patrons two happy hours. Weekday Happy Hour is offered Monday through Friday from 3 p.m. until 7 p.m. A Reverse Happy Hour is also offered Monday through Saturday from 9 p.m. until 11 p.m. Both Happy Hours feature a selection of half-priced appetizers, pizzas and sushi rolls, plus a selection of drink specials.

Kona Grill owns and operates restaurants in Scottsdale, AZ; Chandler, AZ; Kansas City, MO; Las Vegas, NV; Denver, CO; Omaha, NE; Carmel, IN; Sugar Land (Houston), TX; and San Antonio, TX. Kona Grill restaurants offer freshly prepared food, personalized service, and a warm, contemporary ambiance that creates an exceptional, yet affordable, dining experience. Kona Grill restaurants serve a diverse selection of mainstream American dishes as well as a variety of appetizers and entrees with an international influence. Each restaurant also features an extensive sushi menu and sushi bar.



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Contact:
For Kona Grill, Inc.
Investor Relations:
Don Duffy, 203-682-8200



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Source: Kona Grill, Inc.

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KONA: Oppenheimer Starts @ Buy; Sets Tgt @ $14; Analyst Notes

Tuesday , September 27, 2005 07:53 ET

Issuer: Kona Grill, Incorporated (NasdaqNM: KONA)

Analyst Firm: Oppenheimer

Ratings Action: INITIATE

Current Rating: Buy

Target Price Action: INITIATE
Target Price: $14.00

Analyst Comments: According to the firm, the high returns achieved allow the company to compete for locations within trade areas with good demographics for the company to succeed.