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Ark Restaurants Corp - $ARKR STOCK NEWS

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Rhea-AI Summary

Ark Restaurants announced a quarterly cash dividend of $0.1875 per share to be paid on June 12, 2024, to shareholders of record as of May 31, 2024. The Board of Directors will decide on future dividends based on the Company's operating performance and other factors.

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Ark Restaurants Corp. (ARKR) reports Q1 financial results with total revenues of $47,487,000, EBITDA of $2,572,000, and net income of $1,370,000. The company declared a quarterly cash dividend of $0.1875 per share.
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Rhea-AI Summary
Ark Restaurants Corp. (NASDAQ:ARKR) will hold a conference call to discuss financial results for the first quarter ended December 30, 2023. The company owns and operates 17 restaurants and bars, 16 fast food concepts, and catering operations primarily in New York City, Florida, Washington, DC, Las Vegas, Nevada, and the gulf coast of Alabama.
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Ark Restaurants Corp. (NASDAQ:ARKR) has declared a quarterly cash dividend of $0.1875 per share to be paid on March 13, 2024, to shareholders of record of the Company's common stock at the close of business on February 29, 2024. Future dividend decisions are at the discretion of the Board and will depend on the Company's operating performance and other factors.
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-2.35%
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Ark Restaurants Corp. (NASDAQ:ARKR) reported total revenues of $44.4M for Q4 2023, a decrease from $46.9M in Q4 2022. For the fiscal year 2023, total revenues were $184.8M, up from $183.7M in 2022. Same store sales decreased 4.7% for Q4 2023, but increased 1.4% for the fiscal year 2023. EBITDA for Q4 2023 was $585K, down from $2.4M in Q4 2022. The company recorded a net loss of $(10.4M) for Q4 2023, compared to a net income of $762K in Q4 2022. For the fiscal year 2023, EBITDA was $9.3M, down from $14M in 2022, with a net loss of $(5.9M) compared to a net income of $9.3M in 2022. The company had cash and cash equivalents of $13.4M and total outstanding debt of $7.2M as of September 30, 2023.
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Ark Restaurants Corp. (NASDAQ:ARKR) will discuss financial results for Q4 and fiscal year 2023 in a conference call on December 19, 2023. The company owns and operates 17 restaurants, 16 fast food concepts, and catering operations in New York City, Florida, Washington, DC, Las Vegas, Nevada, and the gulf coast of Alabama.
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ARKR: Ark Restaurants Corp. Declares $0.1875 Cash Dividend, Board's Discretion on Future Dividends
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Ark Restaurants Corp. reported financial results for Q3 2023, with total revenues of $51,051,000, a decrease from the previous year. Same store sales decreased by 2.6%. EBITDA for the quarter was $4,663,000, down from $6,207,000. Net income was $3,195,000, compared to $5,255,000 in the previous year. The company declared a quarterly cash dividend of $0.1875 per share.
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1.24%
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Ark Restaurants Corp

Nasdaq:ARKR

ARKR Rankings

ARKR Stock Data

48.73M
1.79M
45.32%
17.17%
0.43%
Food Service Contractors
Accommodation and Food Services
Link
United States of America
NEW YORK

About ARKR

ark restaurants owns and operates 20 restaurants and bars, 21 fast food concepts and catering operations primarily in new york city, florida, washington, d.c. and las vegas, nv. five restaurants are located in new york city, three are located in washington, d.c., six are located in las vegas, nevada, three are located in atlantic city, new jersey, one is located at the foxwoods resort casino in ledyard, connecticut, one is located in boston, massachusetts and one is located in dania beach, florida. the las vegas operations include four restaurants within the new york-new york hotel & casino resort and operation of the hotel's room service, banquet facilities, employee dining room and six food court concepts; one bar within the venetian casino resort, as well as two food court concepts and one restaurant within the planet hollywood resort and casino. in atlantic city, new jersey, the company operates a restaurant and a bar in the resorts atlantic city hotel and casino and a restaurant i