Ark Restaurants reports a wider second-quarter fiscal 2025 loss due to impairments and legal costs, but core operations improve.
Ark Restaurants Corp. (NASDAQ:ARKR ) Q2 2025 Earnings Conference Call May 13, 2025 11:00 AM ET Company Participants Christopher Love - Secretary Anthony Sirica - Chief Financial Officer Michael Weinstein - Chairman and Chief Executive Officer Conference Call Participants Operator Greetings, and welcome to the Ark Restaurants Second Quarter 2025 Results Conference Call. [Operator Instructions].
Ark Restaurants' first-quarter fiscal 2025 revenues fell, but net income rose due to a lease termination gain. Inflation and lease uncertainties loom.
![]() ARKR 31 May 2024 Paid | Quarterly | $0.19 Per Share |
![]() ARKR 28 Feb 2024 Paid | Quarterly | $0.19 Per Share |
![]() ARKR 29 Nov 2023 Paid | Quarterly | $0.19 Per Share |
![]() ARKR 30 Aug 2023 Paid | Quarterly | $0.19 Per Share |
![]() ARKR 30 May 2023 Paid | Quarterly | $0.19 Per Share |
12 May 2025 Date | | - Cons. EPS | - EPS |
10 Feb 2025 Date | | - Cons. EPS | 0.88 EPS |
16 Dec 2024 Date | | - Cons. EPS | - EPS |
12 Aug 2024 Date | | - Cons. EPS | 0.18 EPS |
13 May 2024 Date | | - Cons. EPS | - EPS |
![]() ARKR 31 May 2024 Paid | Quarterly | $0.19 Per Share |
![]() ARKR 28 Feb 2024 Paid | Quarterly | $0.19 Per Share |
![]() ARKR 29 Nov 2023 Paid | Quarterly | $0.19 Per Share |
![]() ARKR 30 Aug 2023 Paid | Quarterly | $0.19 Per Share |
![]() ARKR 30 May 2023 Paid | Quarterly | $0.19 Per Share |
12 May 2025 Date | | - Cons. EPS | - EPS |
10 Feb 2025 Date | | - Cons. EPS | 0.88 EPS |
16 Dec 2024 Date | | - Cons. EPS | - EPS |
12 Aug 2024 Date | | - Cons. EPS | 0.18 EPS |
13 May 2024 Date | | - Cons. EPS | - EPS |
Restaurants Industry | Consumer Cyclical Sector | Michael Weinstein CEO | NASDAQ (NMS) Exchange | 040712101 Cusip |
US Country | 1,246 Employees | 12 Jun 2024 Last Dividend | - Last Split | 13 Dec 1985 IPO Date |
Ark Restaurants Corp. represents a well-established entity in the hospitality sector, engaging primarily in the ownership and operation of diverse restaurant and bar venues spread across the United States. Since its inception in 1983, the company has carved out a niche for itself by delivering a variety of dining experiences tailored to both upscale and casual markets. With its corporate foundation rooted in New York, New York, Ark Restaurants has expanded its operational geography to include strategic locations in New York City, Washington, D.C., Las Vegas, Nevada; Atlantic City, New Jersey; and extending into Florida and Alabama. This geographic diversification underscores the company's commitment to capturing a broad spectrum of clientele through its multifaceted operations.
Ark Restaurants Corp. brings to the table a comprehensive portfolio of dining establishments. Each venue is designed to provide unique culinary experiences, ranging from high-end dining in cosmopolitan centers to more casual, yet distinctive, eateries in both tourist-frequented and local markets. This diversity in dining options allows Ark Restaurants to cater to a wide array of tastes and dining preferences.
Complementing its restaurant services, the company also operates several bars. These bars are often integrated into their restaurant venues, offering a seamless dining and socializing experience. The bars are tailored to reflect the local culture and ambiance of their locations, offering patrons a variety of drink options and a casual environment to unwind.
Understanding the fast-paced lifestyle of its clientele, Ark Restaurants has also ventured into the fast food sector. These concepts are developed with a focus on convenience, speed, and quality, ensuring that patrons receive the same level of culinary excellence that is synonymous with Ark Restaurants' brand, but in a format that caters to their time-sensitive needs.
Expanding beyond in-house dining, Ark Restaurants Corp. offers specialized catering services. These services are tailored to meet a variety of event requirements, ranging from corporate gatherings to private celebrations. By leveraging its vast experience in food and beverage services, the company ensures that every event it caters is equipped with exceptional food and professional service, thereby enhancing the overall event experience.