Ark Restaurants Q4 revenue down 2.2% YoY, net loss narrows to $4.5M; records $4M goodwill impairment

ARK RESTAURANTS CORP

Q4 revenue $43.4M (down 2.2% YoY); net loss attributable $4.5M or ($1.24)/share vs ($2.88) last year.
FY same-store sales down 1.1%; adjusted EBITDA fell to $6.1M from $9.3M.
Recorded $4M goodwill impairment in Q4; $2.5M impairment of Sequoia ROU/long-lived assets.
Exited El Rio Grande with $876K loss; agreed to terminate Tampa food court lease for $5.5M payment.
Bryant Park Grill lease expires April 2025; landlord may select other operator; company contesting.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.