secwatch.observer — SEC 8-K summary
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Issuer:     ARK RESTAURANTS CORP (ARKR)
CIK:        0000779544
Form:       8-K
Filed at:   2024-02-12T23:59:59+00:00
Accession:  0000779544-24-000013
Event type: earnings
Sentiment:  negative
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/779544/000077954424000013/0000779544-24-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/779544/000077954424000013/arkr-20240212.htm
  HTML page:      https://secwatch.observer/filing/0000779544-24-000013

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