secwatch.observer — SEC 8-K summary
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Issuer:     ARK RESTAURANTS CORP (ARKR)
CIK:        0000779544
Form:       8-K
Filed at:   2026-02-09T23:59:59+00:00
Accession:  0000779544-26-000009
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ark Restaurants Q1 net income plunges to $0.25/share; EBITDA up, revenue down 7.3% same-store
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- Net income $896K ($0.25/share) vs $3.16M ($0.88/share) YoY; adjusted EBITDA $1.53M, up ~$150K.
- Total revenue $40.7M vs $45.0M; same-store sales -7.3% excluding Tampa Food Court closure.
- Bryant Park Grill dispute weighs: revenue fell from 22.3% to 19.5% of total; litigation ongoing.
- NMR casino license vote possible Nov 2026; temporary facility could open 2027 if amendment passes.
- Balance sheet: cash $9.1M, debt $3.0M; conference call Feb 10 at 11 AM ET.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/779544/000077954426000009/0000779544-26-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/779544/000077954426000009/arkr-20260209.htm
  HTML page:      https://secwatch.observer/filing/0000779544-26-000009

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