Highest-materiality recent filing
Court partially grants summary judgment in Bryant Park lease dispute; Company to appeal
Court granted Company summary judgment on breach of contract for Bryant Park Grill and right of first lease for Café; damages to be tried later.
Ark Restaurants Q2 net loss narrows to $0.50/sh; same-store sales fall 7.6%
Net loss of $1.81M ($0.50/sh) vs. $9.26M ($2.57/sh) in prior year Q2; adjusted EBITDA loss of $0.59M.
Ark Restaurants shareholders elect six directors, ratify CohnReznick as auditor
All six director nominees elected: Weinstein, Sirica, Allen, Lewin, Kates, Novick received 1,528,556 to 1,683,048 'For' votes.
Ark Restaurants Q1 net income plunges to $0.25/share; EBITDA up, revenue down 7.3% same-store
Net income $896K ($0.25/share) vs $3.16M ($0.88/share) YoY; adjusted EBITDA $1.53M, up ~$150K.
Net loss for Q4 fiscal 2025 was $(1,919,000) or $(0.53) per share, compared to $(4,457,000) or $(1.24) per share in the prior year.
Ark Restaurants Q3 net loss of $3.45M; Bryant Park litigation costs $800K, Sequoia impairment $4.7M
$0.96 diluted EPS loss vs. $0.18 gain YoY; revenue $43.7M, down 13% (excluding divested units) due to Bryant Park event business decline.
Q2 net loss $9.26M ($2.57/share) vs $1.45M loss YoY; includes $4.8M deferred tax valuation allowance.
Ark Restaurants shareholders elect directors and ratify auditor at 2025 annual meeting
Re-elected seven directors including CEO Michael Weinstein (2,370,312 for, 1,597 withheld).
Ark Restaurants Q1: net income $0.88/sh boosted by $5.2M Tampa lease gain; same-store sales -2.3%
Total revenues $44.99M, down 5.3% YoY; company-wide same-store sales declined 2.3%.
Ark Restaurants Q4 revenue down 2.2% YoY, net loss narrows to $4.5M; records $4M goodwill impairment
Q4 revenue $43.4M (down 2.2% YoY); net loss attributable $4.5M or ($1.24)/share vs ($2.88) last year.
Ark Restaurants Q3 net income falls to $0.18/share; $2.5M impairment at Sequoia
Total revenues $50.4M, flat YoY; adjusted EBITDA $3.38M vs $4.66M prior year.
Ark Restaurants Q2 net loss widens to $0.40/share; adjusted EBITDA negative $321K
Net loss of $1.45M ($0.40 per share) vs net loss of $0.48M ($0.13) a year ago.
Ark Restaurants declares $0.1875 quarterly dividend, payable June 12, 2024
Quarterly cash dividend of $0.1875 per share declared on May 7, 2024.
Ark Restaurants appoints Jordan and Weinstein as Co-COOs; Pascal resigns
Vincent Pascal, 80, resigns as director and COO effective April 30, 2024, citing no disagreement with the company.
Ark Restaurants shareholders elect all eight directors, ratify auditor, approve say-on-pay
All eight director nominees elected; Michael Weinstein received 2,072,441 for, 151,115 withheld.
Ark Restaurants Q1 EPS falls to $0.38 from $0.48; EBITDA declines
Revenue $47.5M, essentially flat YoY (vs $47.4M).
Ark Restaurants declares $0.1875 quarterly dividend, payable March 13, 2024
Quarterly cash dividend of $0.1875 per share declared.
Ark Restaurants amends bylaws to comply with SEC Universal Proxy Rules
Board adopted Amended and Restated Bylaws effective Jan 23, 2024.
Ark Restaurants reports Q4 net loss of $10.4M, records $10M goodwill impairment
Net loss Q4 $(10.4)M ($(2.88)/share) vs net income $0.8M ($0.21) last year; FY net loss $(5.9)M ($(1.65)/share).
Ark Restaurants declares $0.1875/share dividend payable Dec 13, record Nov 30
Dividend of $0.1875 per share declared by Board of Directors.
Ark Restaurants Q3 revenue falls 4% to $51M; net income drops to $0.89 EPS from $1.48
Q3 revenues $51.1M vs $53.2M YoY; net income $3.2M ($0.89 diluted) vs $5.3M ($1.46) prior year.
Ark Restaurants declares $0.1875/share quarterly dividend, payable Sept 12
Quarterly cash dividend of $0.1875 per share declared by Board of Directors.
Ark Restaurants Q2 net loss $0.13/sh; revenue up 5.8%; same-store sales +8.3% ex-Gallagher's
Q2 net loss of $(484K) ($0.13/sh) vs net income of $1.055M ($0.30) a year ago; adjusted EBITDA fell to $1.0M from $1.5M.
Ark Restaurants declares $0.1875/share dividend, payable June 13, 2023
Cash dividend of $0.1875 per share declared by the Board.
Ark Restaurants enters $10M revolving credit facility with Bank Hapoalim, extends to May 2025
Revolving credit facility commitment of $10,000,000 with Bank Hapoalim B.M.
Ark Restaurants Corp. annual meeting results: all eight directors elected, auditor ratified
3,059,521 shares voted out of 3,600,407 outstanding at March 14, 2023 annual meeting.
Ark Restaurants Q1 revenue up 8% but net income falls 22%; dividend steady
Revenue $47.4M (+7.9% YoY) on higher traffic, menu prices in Las Vegas, NYC, DC.
Ark Restaurants Q4 revenue up 9.4% to $46.9M; net income drops to $0.21/share from $1.93
Q4 revenue $46.9M (+9.4% YoY); full-year revenue $183.7M (+39.3% YoY).
Ark Restaurants declares $0.125/share cash dividend
Dividend of $0.125 per share declared by Board of Directors.
Ark Restaurants Q3 revenue $53.2M, net income $5.3M; declares $0.125/share dividend
Total revenues $53.2M for Q3 vs $42.96M YoY, driven by Las Vegas traffic, menu price increases, and event business.
Ark Restaurants appoints Jessica Kates to Board of Directors
Jessica Kates appointed to Board on June 30, 2022; term through 2023 Annual Meeting.
Q2 total revenues $39.6M vs $25.8M a year ago; adjusted EBITDA $1.5M vs ($0.5M) prior year.
Ark Restaurants names CFO Anthony Sirica as President
CFO Anthony J. Sirica appointed President effective March 15, 2022; no employment agreement, serves at board pleasure.
Ark Restaurants Q1 revenues $44M, net income $2.2M vs loss year ago
Total revenues $43.986M for quarter ended Jan 1, 2022, up from $20.299M a year ago.
Ark Restaurants Q4 net income $6.8M ($1.93/shr) vs year-ago loss; FY net income $12.9M
Q4 revenues $42.8M, nearly double $21.8M in prior-year 14-week period.
On April 10, 2024, Vincent Pascal, age 80, informed the Board of Directors (the “Board”) of Ark Restaurants Corp. (the “Company”) of his decision to resign as a director of the Company and as Chief Operating Officer of the Company, effective as of April 30, 2024.
On April 12, 2024, the Board of the Company appointed Jennifer Jordan and Samuel Weinstein as Co-Chief Operating Officers of the Company, effective as of April 30, 2024.
On April 12, 2024, the Board of the Company appointed Jennifer Jordan and Samuel Weinstein as Co-Chief Operating Officers of the Company, effective as of April 30, 2024.
On May 17, 2022, Arthur Stainman, a member of the Board of Directors ("Board") of Ark Restaurants Corp. (the "Company"), tendered to the Company his resignation from the Board, effective immediately.
was appointed to fill a vacancy on the Board of Directors as of such date.
On March 15, 2022, Ark Restaurants Corp. (the “Company”) named Anthony J. Sirica, the current Chief Financial Officer, as President.
Max materiality 0.90 · Median 0.60 · Most common event earnings