---
schema_version: "secwatch.filing_event.v1"
accession: "0000779544-24-000038"
form_type: "8-K"
ticker: "ARKR"
cik: "0000779544"
company_name: "ARK RESTAURANTS CORP"
filed_at: "2024-08-12T23:59:59+00:00"
generated_at: "2026-05-31T10:14:07.563383+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ark Restaurants Q3 net income falls to $0.18/share; $2.5M impairment at Sequoia

## Summary
- Total revenues $50.4M, flat YoY; adjusted EBITDA $3.38M vs $4.66M prior year.
- Net income $640K ($0.18/diluted) vs $3.2M ($0.89) YoY; includes $2.5M impairment.
- Same-store sales excluding Gallagher's down 2.3% for Q3 2024.
- Impairment of $2.5M at Sequoia (D.C.) due to weak results; further charges possible.
- Cash $11.5M, debt $5.7M; balance sheet remains modest.

## SEC filing metadata
- accession: 0000779544-24-000038
- form_type: 8-K
- ticker: ARKR
- cik: 0000779544
- company_name: ARK RESTAURANTS CORP
- filed_at: 2024-08-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/779544/000077954424000038/0000779544-24-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/779544/000077954424000038/arkr-20240812.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000779544-24-000038
- JSON: https://secwatch.observer/filing/0000779544-24-000038.json
- Plain text: https://secwatch.observer/filing/0000779544-24-000038.txt

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