secwatch.observer — SEC 8-K summary
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Issuer:     ARK RESTAURANTS CORP (ARKR)
CIK:        0000779544
Form:       8-K
Filed at:   2026-05-11T21:05:33+00:00
Accession:  0000779544-26-000020
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ark Restaurants Q2 net loss narrows to $0.50/sh; same-store sales fall 7.6%
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- Net loss of $1.81M ($0.50/sh) vs. $9.26M ($2.57/sh) in prior year Q2; adjusted EBITDA loss of $0.59M.
- Total revenues $36.58M, down from $39.73M; same-store sales declined 7.6% for the quarter.
- Bryant Park Grill lease dispute continues; $566K prepaid rent written off; litigation ongoing with June 16, 2026 oral argument.
- Investment in NMR (Meadowlands casino) not impaired; NJ constitutional amendment for casino gambling proposed but no vote scheduled yet.
- Cash $11.49M, debt $7.55M; balance sheet remains strong.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/779544/000077954426000020/0000779544-26-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/779544/000077954426000020/arkr-20260511.htm
  HTML page:      https://secwatch.observer/filing/0000779544-26-000020

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