Ark Restaurants Corp.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $20.2M
- Price
- $5.59
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.18%
- Volume
- 1.2K
About
Ark Restaurants Corp. is a hospitality company that owns and manages a diverse portfolio of restaurants and bars throughout the United States, primarily operating through its subsidiary companies. By December 20, 2021, its holdings encompassed 17 full-service dining and drinking venues. These establishments were geographically dispersed, with four in New York City, one in Washington, D.C., five in Las Vegas, Nevada, one in Atlantic City, New Jersey, four positioned along Florida's east coast, and two on Alabama's Gulf Coast. Beyond these, the corporation also oversaw 17 fast-food concepts and catering services. Established in 1983, the company's corporate headquarters are situated in New York, New York.
Quick stats
Shares outstanding3.6M
Computed float1.5M
Float / shares40.6%
Cash runway (months)112.3
Key info
SectorConsumer Cyclical
IndustryRestaurants
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0000779544
Websitehttps://arkrestaurants.com
AI Summary
AI-generated1/9
standardbearishearnings
Ark Restaurants Announces Financial Results for the Third Quarter of 2026
Ark Restaurants reported Q3 revenue of $40.9 million, down from $43.7 million in the prior year, with company-wide same-store sales declining 6.6% for the quarter and 7.2% year-to-date.
The company disclosed that a New York State Supreme Court granted the landlord's motion for summary judgment regarding the ejectment of the Bryant Park Grill, Bryant Park Café, and The Porch at Bryant Park, which represent approximately 14.5% of total revenue. Enforcement of the ejectment order is currently stayed through October 16, 2026, pending the company's appeal.
Adjusted EBITDA fell to $358,000 from $1.8 million in the prior-year quarter, while the net loss narrowed to $(0.10) per share compared to $(0.96) per share a year ago.
Red flags
- Court ordered ejectment from Bryant Park locations representing 14.5% of revenue
- Same-store sales declined 6.6% in Q3 and 7.2% YTD
- Casino license referendum for Meadowlands Racetrack investment delayed until at least 2027