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Stock impact report

Ark Restaurants Announces Financial Results for the Fourth Quarter and Fiscal Year Ended 2024

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 fourth quarter and fiscal year ended September 28, 2024.The Company’s fiscal year ends on the Saturday nearest September 30. The fiscal years ended September 28, 2024 and September 30, 2023 both included 52 weeks and the quarters ended September 28, 2024 and September 30, 2023 both included 13 weeks.Financial ResultsTotal revenues for the 13 weeks ended September 28, 2024 were $43,406,000 versus $44,400,000 for the 13 weeks ended September 30, 2023.Total revenues for the year ended September 28, 2024 were $183,545,000 versus $184,793,000 for the year ended September 30, 2023. As required by our lease, Gallagher's Steakhouse at the New York-New York Hotel and Casino in Las Vegas, NV was substantially closed for renovation in the prior period from February 5, 2023 through April 27, 2023 (the "Closure Period"). Revenues for the comparable current period were $3,056,000 as compared Show less Read more
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