secwatch.observer — SEC 8-K summary
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Issuer:     ARK RESTAURANTS CORP (ARKR)
CIK:        0000779544
Form:       8-K
Filed at:   2021-08-17T23:59:59+00:00
Accession:  0000779544-21-000022
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ark Restaurants Q3 revenue $42.97M, same-store sales +455% YoY, net income $0.76/sh
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- Revenue for Q3 2021: $42.965M vs $7.199M prior year; same-store sales up 455% YoY but down 7.1% vs pre-pandemic Q3 2019.
- Net income attributable to Ark: $2.67M ($0.76 basic, $0.73 diluted) vs net loss ($2.526M) prior year.
- EBITDA of $9.39M (including $3.195M PPP loan forgiveness) vs ($4.642M) prior year; adjusted EBITDA $5.61M.
- Year-to-date net income $6.067M ($1.73/sh diluted) vs loss ($2.791M) prior year.
- New York City vaccine mandate for indoor dining effective Aug 16, enforcement Sep 13; all restaurants currently open with no capacity restrictions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/779544/000077954421000022/0000779544-21-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/779544/000077954421000022/q320218-k.htm
  HTML page:      https://secwatch.observer/filing/0000779544-21-000022

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer