---
schema_version: "secwatch.filing_event.v1"
accession: "0000779544-24-000013"
form_type: "8-K"
ticker: "ARKR"
cik: "0000779544"
company_name: "ARK RESTAURANTS CORP"
filed_at: "2024-02-12T23:59:59+00:00"
generated_at: "2026-06-06T04:34:36.977064+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Ark Restaurants Q1 EPS falls to $0.38 from $0.48; EBITDA declines

## Summary
- Revenue $47.5M, essentially flat YoY (vs $47.4M).
- Net income $1.37M ($0.38 per share) vs $1.73M ($0.48) prior year, down 21% on EPS basis.
- Adjusted EBITDA $2.57M vs $3.02M prior year, a decline of 15%.
- Declared quarterly dividend $0.1875/share, payable March 13, 2024 to holders of record Feb 29.
- Cash $12.1M, total debt $6.7M as of Dec 30, 2023.

## SEC filing metadata
- accession: 0000779544-24-000013
- form_type: 8-K
- ticker: ARKR
- cik: 0000779544
- company_name: ARK RESTAURANTS CORP
- filed_at: 2024-02-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/779544/000077954424000013/0000779544-24-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/779544/000077954424000013/arkr-20240212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000779544-24-000013
- JSON: https://secwatch.observer/filing/0000779544-24-000013.json
- Plain text: https://secwatch.observer/filing/0000779544-24-000013.txt

## Key facts
- Earnings Releases
  ARK RESTAURANTS CORP reported first quarter ended December 30, 2023 results: revenue $47,487,000, net income $1,370,000, EPS $0.38 per basic and diluted share.
  - Period: first quarter ended December 30, 2023
  - Revenue: $47,487,000
  - Net income: $1,370,000
  - EPS: $0.38 per basic and diluted share
  - Result: reported results
  source text: (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
  evidence_url: https://www.sec.gov/Archives/edgar/data/779544/000077954424000013/0000779544-24-000013-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.