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Stock impact report

Ark Restaurants Announces Financial Results for the First Quarter of 2025

Ark Restaurants Corp. (ARKR) 
US:NASDAQ Investor Relations: arkrestaurants.com
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the first quarter ended December 28, 2024.Financial ResultsTotal revenues for the 13 weeks ended December 28, 2024 were $44,988,000 versus $47,487,000 for the 13 weeks ended December 30, 2023. The 13 weeks ended December 30, 2023 includes revenues of $764,000 related to El Rio Grande. No revenues for El Rio Grande are included in the 13 weeks ended December 28, 2024 (see below).Excluding revenues related to El Rio Grande and the Tampa Food Court (see below), 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.Net income attributable to Ark Restaurants Corp. for the 13 weeks ended December 28, 2024, was $3,164,000 or $0.88 per basic and diluted share compared to net income of $1,370,000 or $0.38 per basic and diluted share, for the 13 weeks ended December 30, 2023. The Company's Earnings before Interes Show less Read more
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