{"schema_version":"secwatch.filing_event.v1","accession":"0000779544-23-000023","form_type":"8-K","ticker":"ARKR","cik":"0000779544","company_name":"ARK RESTAURANTS CORP","filed_at":"2023-05-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.214992+00:00","generated_at":"2026-06-15T00:17:26.843061+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Ark Restaurants Q2 net loss $0.13/sh; revenue up 5.8%; same-store sales +8.3% ex-Gallagher's","bullets":["Q2 net loss of $(484K) ($0.13/sh) vs net income of $1.055M ($0.30) a year ago; adjusted EBITDA fell to $1.0M from $1.5M.","Revenue rose 5.8% to $41.9M; ex-Gallagher's closure same-store sales up 8.3% driven by NYC and DC events business.","Gallagher's Steakhouse renovation (Feb-Apr 2023) cost ~$1.9M; revenue from that location fell to $714K from $2.326M.","Declared quarterly dividend of $0.1875/sh, payable June 13 to holders of record May 31.","Cash $17.9M; total debt $14.3M; repaid $6.0M in notes post-quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0000779544-23-000023","json":"https://secwatch.observer/filing/0000779544-23-000023.json","markdown":"https://secwatch.observer/filing/0000779544-23-000023.md","text":"https://secwatch.observer/filing/0000779544-23-000023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/779544/000077954423000023/0000779544-23-000023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/779544/000077954423000023/arkr-20230515.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T00:17:26.843061+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"145134cd91ef2c377b348b64c1f894ffcea036aa","claim":"ARK RESTAURANTS CORP reported the 13 weeks ended April 1, 2023 results: revenue $41,897,000, net income $(484,000), EPS $(0.13) per basic and diluted share.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/779544/000077954423000023/0000779544-23-000023-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the 13 weeks ended April 1, 2023"},{"label":"Revenue","value":"$41,897,000"},{"label":"Net income","value":"$(484,000)"},{"label":"EPS","value":"$(0.13) per basic and diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"6aad8de028157ff77af01c2d8e9ecf88b0d594f0","claim":"ARK RESTAURANTS CORP reported the 26 weeks ended April 1, 2023 results: revenue $89,342,000, net income $1,241,000, EPS $0.34 per basic and diluted share.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/779544/000077954423000023/0000779544-23-000023-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the 26 weeks ended April 1, 2023"},{"label":"Revenue","value":"$89,342,000"},{"label":"Net income","value":"$1,241,000"},{"label":"EPS","value":"$0.34 per basic and diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}