Ark Restaurants

Ark Restaurants Corp. engages in the operation of restaurants and bars, fast food concepts, and catering operations. It operates in New York City, Florida, Washington, D.C, Las Vegas, NV, and the gulf coast of Alabama. The company was founded on January 4, 1983 and is headquartered in New York, NY.

Earnings data Q1 2021

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Earnings data Q3 2024

Earnings data Q4 2024

Ark Restaurants addresses cost challenges, explores new ventures for growth

Ark Restaurants faced cost challenges but showed improvements in certain locations and proactive steps to address issues. The company discussed debt management, new business ventures, and ongoing lease negotiations. Overall, Ark Restaurants is focused on growth, cost optimization, and strategic initiatives to enhance performance.

Ark Restaurants faces sales challenges and cash preservation amidst growth opportunities

Ark Restaurants grapples with sales struggles, inflationary pressures, and underperformance in certain locations. The decision to eliminate dividends aims to preserve cash amidst financial difficulties, while the company explores potential growth opportunities through property acquisitions and revenue drivers.

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Despite strength in Gallagher's Steakhouse sales, Ark Restaurants' (ARKR) overall fiscal third-quarter revenues decline year over year.

Ark Restaurants (ARKR) Q3 Earnings and Revenues Decline Y/Y

Ark Restaurants Corp. (NASDAQ:ARKR ) Q3 2024 Earnings Conference Call August 13, 2024 11:00 AM ET Company Participants Christopher Love - Secretary Anthony Sirica - Chief Financial Officer Michael Weinstein - Chairman & Chief Executive Officer Conference Call Participants Bruce Geller - Geller Ventures Operator Greetings, and welcome to the Ark Restaurants Third Quarter 2024 Results Call. At this time, all participants are in a listen-only mode.

Ark Restaurants Corp. (ARKR) Q3 2024 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the third quarter ended June 29, 2024. Financial Results Total revenues for the 13 weeks ended June 29, 2024 were $50,396,000 versus $51,051,000 for the 13 weeks ended July 1, 2023 and total revenues for the 39 weeks ended June 29, 2024 were $140,139,000 versus $140,393,000 for the 39 weeks ended July 1, 2023. As required by our lease, Gallagher's Steakhouse at the New York-New York Hotel and Cas.

Ark Restaurants Announces Financial Results for the Third Quarter of 2024

NEW YORK--(BUSINESS WIRE)--Ark Restaurants Corp. (NASDAQ:ARKR) will hold a conference call for investors and analysts to discuss financial results for the third quarter ended June 29, 2024 on Tuesday, August 13, 2024 at 11:00 a.m. Eastern Time. The dial-in numbers to participate in the conference call are: Toll-Free – 1-877-407-4018 Toll/International – 1-201-689-8471 The Company will also broadcast its conference call over the Internet. To access the broadcast, please visit https://viavid.webc.

Ark Restaurants Announces Conference Call

Discover why Zacks rates Ark Restaurants as "Underperform," being the first on Wall Street to initiate coverage on the stock. Explore ARKR's declining profitability amid rising costs, significant debt obligations, and competitive pressures.

Zacks Initiates Coverage of Ark Restaurants With Underperform Recommendation

Ark Restaurants Corp. (NASDAQ:ARKR ) Q2 2024 Results Conference Call May 14, 2024 11:00 AM ET Company Participants Christopher Love - Secretary Michael Weinstein - Chairman and CEO Anthony Sirica - CFO Sam Weinstein - Co-COO Conference Call Participants Roger Lipton - Lipton Financial Operator Greetings, and welcome to Ark Restaurants Second Quarter 2024 Results Conference Call. At this time, all participants are in a listen-only mode.

Ark Restaurants Corp. (ARKR) Q2 2024 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the second quarter ended March 30, 2024. Financial Results Total revenues for the 13 weeks ended March 30, 2024 were $42,257,000 versus $41,897,000 for the 13 weeks ended April 1, 2023 and total revenues for the 26 weeks ended March 30, 2024 were $89,743,000 versus $89,342,000 for the 26 weeks ended April 1, 2023. As required by our lease, Gallagher's Steakhouse at the New York-New York Hotel and.

Ark Restaurants Announces Financial Results for the Second Quarter of 2024

NEW YORK--(BUSINESS WIRE)--On May 7, 2024, the Board of Directors declared a quarterly cash dividend of $0.1875 per share to be paid on June 12, 2024 to shareholders of record of the Company's common stock at the close of business on May 31, 2024. Future decisions to pay dividends, and the amount of any dividend, are at the discretion of the Board and will depend upon the Company's operating performance and other factors. About Ark Restaurants Corp. Ark Restaurants owns and operates 17 restaura.

Ark Restaurants Announces Declaration of Dividend

Ark Restaurants Corp. (ARKR) Q1 2024 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the first quarter ended December 30, 2023. Financial Results Total revenues for the 13 weeks ended December 30, 2023 were $47,487,000 versus $47,445,000 for the 13 weeks ended December 31, 2022. The Company's EBITDA, excluding gains on the forgiveness of Paycheck Protection Program Loans (the "PPP Loan Forgiveness") and adjusted for other items all as set out in the table below, for the 13 weeks.

Ark Restaurants Announces Financial Results for the First Quarter of 2024

Ark Restaurants Corp. (ARKR) Q4 2023 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the fourth quarter and fiscal year ended September 30, 2023. The Company's fiscal year ends on the Saturday nearest September 30. The fiscal years ended September 30, 2023 and October 1, 2022 both included 52 weeks and the quarters ended September 30, 2023 and October 1, 2022 both included 13 weeks. Financial Results Total revenues for the 13 weeks ended September 30, 2023 were $44,400,000 versus.

Ark Restaurants Announces Financial Results for the Fourth Quarter and Fiscal Year Ended 2023

Ark Restaurants Corp. (NASDAQ:ARKR ) Q3 2023 Earnings Conference Call August 15, 2023 11:00 AM ET Company Participants Christopher Love - Secretary Michael Weinstein - Chairman and CEO Anthony Sirica - President and CFO Sam Weinstein - Project Manager Conference Call Participants Jeffrey Kaminsky - JJK Consultants Operator Greetings, and welcome to the Ark Restaurants Third Quarter 2023 Results Call. At this time, all participants are in a listen-only mode.

Ark Restaurants Corp. (ARKR) Q3 2023 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the third quarter ended July 1, 2023. Financial Results Total revenues for the 13 weeks ended July 1, 2023 were $51,051,000 versus $53,218,000 for the 13 weeks ended July 2, 2022 and total revenues for the 39 weeks ended July 1, 2023 were $140,393,000 versus $136,789,000 for the 39 weeks ended July 2, 2022. As required by our lease, Gallagher's Steakhouse at the New York-New York Hotel and Casino.

Ark Restaurants Announces Financial Results for the Third Quarter of 2023

Ark Restaurants' revenues have increased in recent years boosted by acquisitions and menu price increases. Profit margins are currently depressed due to inflationary pressures and wage inflation. Long-term debt is very manageable as Ark Restaurants holds high cash and equivalents.

Ark Restaurants: Short-Term Pain, Long-Term Generous Dividends

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Ark Restaurants Corp. (NASDAQ:ARKR ) Q2 2023 Results Conference Call May 16, 2023 11:00 AM ET Company Participants Christopher Love - Secretary Michael Weinstein - Chairman and CEO Anthony Sirica - President and CFO Sam Weinstein - Project Manager Operator Greetings, and welcome to Ark Restaurants Second Quarter 2023 Results Conference Call. At this time, all participants are in a listen-only mode.

Ark Restaurants Corp. (ARKR) Q2 2023 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the second quarter ended April 1, 2023. Financial Results Total revenues for the 13 weeks ended April 1, 2023 were $41,897,000 versus $39,586,000 for the 13 weeks ended April 2, 2022 and total revenues for the 26 weeks ended April 1, 2023 were $89,342,000 versus $83,571,000 for the 26 weeks ended April 2, 2022. As required by our lease, Gallagher's Steakhouse at the New York-New York Hotel and Ca.

Ark Restaurants Announces Financial Results for the Second Quarter of 2023

Ark Restaurants Corp. (NASDAQ:ARKR ) Q1 2023 Earnings Conference Call February 14, 2023 11:00 AM ET Company Participants Christopher Love - Secretary Michael Weinstein - Chairman and CEO Anthony Sirica - President and CFO Conference Call Participants Roger Lipton - Lipton Financial Services Operator Greetings, and welcome to the Ark Restaurant's First Quarter 2023 Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Ark Restaurants Corp. (ARKR) Q1 2023 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the first quarter ended December 31, 2022. Financial Results Total revenues for the 13 weeks ended December 31, 2022 were $47,445,000 versus $43,986,000 for the 13 weeks ended January 1, 2022.

Ark Restaurants Announces Financial Results for the First Quarter of 2023 and Declaration of Quarterly Cash Dividend

Ark Restaurants post-Covid strong cash flow should be sustainable. Very successful expansion strategy should continue to pay dividends.

Ark Restaurants: Enterprise Value Of Only 4.8x TTM EBITDA And An Large Potential 'Kicker'

Start Time: 11:00 January 1, 0000 11:31 AM ET Ark Restaurants Corp. (NASDAQ:ARKR ) Q4 2022 Earnings Conference Call December 20, 2022, 11:00 AM ET Company Participants Michael Weinstein - Chairman and CEO Anthony Sirica - President, CFO, and Treasurer Christopher Love - Secretary Conference Call Participants Operator Greetings, and welcome to Ark Restaurants' Fourth Quarter and Year End 2022 Results Conference Call. At this time, all participants are in a listen-only mode.

Ark Restaurants Corp. (ARKR) Q4 2022 Earnings Call Transcript

NEW YORK--( BUSINESS WIRE )--Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the fourth quarter and fiscal year ended October 1, 2022.

Ark Restaurants Announces Financial Results for the Fourth Quarter and Fiscal Year Ended 2022

Strong June-ended quarter, with revenues up 23.7% YoY on a difficult prior year comp. EPS up +100% YoY to $1.46 versus $0.73.

Ark Restaurants: Strong +100% EPS Quarter, 7.8x P/E

Ark Restaurants Corp. (NASDAQ:ARKR ) Q3 2022 Earnings Conference Call August 16, 2022 11:00 AM ET Company Participants Chris Lowe - Secretary Michael Weinstein - Chairman and Chief Executive Officer Anthony Sirica - President and Chief Financial Officer Conference Call Participants Sandy Mehta - Evaluate Research Jeffrey Kaminski - JJK Consulting Operator Greetings. Welcome to Ark Restaurants' Third Quarter 2022 Results Conference Call.

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