Ark Restaurants Corp (ARKR) News & EventsARKRNews & EventsArk Restaurants Corp

Ark Restaurants Corp. Reports Q1 Revenue of $40.7M

Reports Q1 revenue $40.7M vs. $45.0M last year. "The current quarter Earnings before Interest, Taxes, Depreciation and Amortization, as adjusted, of $1,529,000, increased approximately $150,000 as compared to EBITDA, as adjusted, of $1,378,000 in the prior year comparable quarter and Net income attributable to Ark Restaurants Corp. for the current quarter was $896,000 or $0.25 per basic and diluted share compared to net income of $3,164,000 or $0.88 per basic and diluted share, in the prior year comparable quarter," said Michael Weinstein, CEO.

ARK Restaurants reports Q1 EPS 88c vs. 38c last year

Reports Q1 revenue $45.0M vs. $47.5M last year. Excluding revenues related to El Rio Grande and the Tampa Food Court, company-wide same store sales decreased 2.3% for the 13 weeks ended December 28, 2024 as compared to the same period of the prior year.