ARKR Stock Declines Post Q4 Earnings Amid Revenue Challenges [Yahoo! Finance]
Ark Restaurants Corp. (ARKR)
US:NASDAQ Investor Relations:
arkrestaurants.com
Company Research
Source: Yahoo! Finance
The company plans to focus on improving efficiency in existing operations, testing scalable dining concepts, and exploring potential casino-related opportunities in New Jersey. Additionally, it is monitoring the performance of its new Asian dining concept, 'Lucky Pig,' which it plans to expand if initial results prove favorable. Was this helpful? Yes No What were the main factors contributing to Ark Restaurants Corp.'s revenue challenges? The company attributed revenue challenges to sluggish customer traffic in certain markets, including Florida and Washington, DC, as well as its reluctance to raise menu prices significantly in light of soft demand, which constrained margins. Was this helpful? Yes No What were the key financial highlights of Ark Restaurants Corp.'s Q4 earnings report? Ark Restaurants Corp. reported total revenues of $43.4 million, down 2.2% from the year-ago quarter, a net loss of $4.5 million, or $1.24 per share, and adjusted EBITDA of $0.5 milli
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ARKR
News
- Ark Restaurants Full Year 2024 Earnings: US$1.08 loss per share (vs US$1.65 loss in FY 2023) [Yahoo! Finance]Yahoo! Finance
- Ark Restaurants Announces Financial Results for the Fourth Quarter and Fiscal Year Ended 2024Business Wire
- Ark Restaurants Corp. (NASDAQ: ARKR) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Ark Restaurants Announces Conference CallBusiness Wire
- Ark Restaurants Corp. (NASDAQ: ARKR) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
ARKR
Sec Filings
- 12/19/24 - Form 10-K
- 12/16/24 - Form 8-K
- ARKR's page on the SEC website