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Ark Restaurants Corp. - ARKR STOCK NEWS

Welcome to our dedicated news page for Ark Restaurants (Ticker: ARKR), a resource for investors and traders seeking the latest updates and insights on Ark Restaurants.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ark Restaurants's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.78%
Tags
earnings
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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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.48%
Tags
none
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.35%
Tags
dividends
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.25%
Tags
earnings
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.1%
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none
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Rhea-AI Summary
ARKR: Ark Restaurants Corp. Declares $0.1875 Cash Dividend, Board's Discretion on Future Dividends
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.26%
Tags
dividends
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.29%
Tags
earnings
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.78%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.24%
Tags
dividends
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.63%
Tags
earnings
Ark Restaurants Corp.

Nasdaq:ARKR

ARKR Rankings

ARKR Stock Data

52.04M
1.79M
45.32%
17.18%
0.39%
Food Service Contractors
Accommodation and Food Services
Link
United States
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