Bensusan Restaurant Corp. v. King

Ark Restaurants Announces Declaration of Dividend

Retrieved on: 
Wednesday, November 8, 2023

Ark Restaurants Corp. (NASDAQ:ARKR) announced today that the Board of Directors (the "Board") declared a cash dividend of $0.1875 per share to be paid on December 13, 2023 to shareholders of record at the close of business on November 30, 2023.

Key Points: 
  • Ark Restaurants Corp. (NASDAQ:ARKR) announced today that the Board of Directors (the "Board") declared a cash dividend of $0.1875 per share to be paid on December 13, 2023 to shareholders of record at the close of business on November 30, 2023.
  • Future decisions to pay dividends, and the amount of any dividend, are at the discretion of the Board and will depend upon the Company's operating performance and other factors.

Ark Restaurants Announces Financial Results for the Third Quarter of 2023

Retrieved on: 
Monday, August 14, 2023

Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the third quarter ended July 1, 2023.

Key Points: 
  • Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the third quarter ended July 1, 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 for the period from February 5, 2023 through April 27, 2023.
  • Excluding Gallagher's Steakhouse, which was closed for part of the quarter, Company-wide same store sales decreased 2.6% for the 13 weeks ended July 1, 2023 as compared to the same period of the prior year.
  • As of July 1, 2023, the Company had a cash balance of $13,986,000 and total outstanding debt of $7,721,000.

Ark Restaurants Announces Conference Call

Retrieved on: 
Wednesday, August 9, 2023

Ark Restaurants Corp. (NASDAQ:ARKR) will hold a conference call for investors and analysts to discuss financial results for the third quarter ended July 1, 2023 on Tuesday, August 15, 2023 at 11:00 a.m. Eastern Time.

Key Points: 
  • Ark Restaurants Corp. (NASDAQ:ARKR) will hold a conference call for investors and analysts to discuss financial results for the third quarter ended July 1, 2023 on Tuesday, August 15, 2023 at 11:00 a.m. Eastern Time.
  • The dial-in numbers to participate in the conference call are:
    The Company will also broadcast its conference call over the Internet.
  • A replay of the broadcast will be available within three hours of the call, and will be available until Tuesday, August 22, 2023, 11:59 p.m. Eastern Time.
  • The dial-in telephone numbers for the replay are:
    Ark Restaurants owns and operates 17 restaurants and bars, 16 fast food concepts and catering operations primarily in New York City, Florida, Washington, DC, Las Vegas, Nevada and the gulf coast of Alabama.

Ark Restaurants Announces Declaration of Dividend

Retrieved on: 
Tuesday, August 8, 2023

Ark Restaurants Corp. (NASDAQ:ARKR) announced today that the Board of Directors (the "Board") declared a cash dividend of $0.1875 per share to be paid on September 12, 2023 to shareholders of record at the close of business on August 31, 2023.

Key Points: 
  • Ark Restaurants Corp. (NASDAQ:ARKR) announced today that the Board of Directors (the "Board") declared a cash dividend of $0.1875 per share to be paid on September 12, 2023 to shareholders of record at the close of business on August 31, 2023.
  • Future decisions to pay dividends, and the amount of any dividend, are at the discretion of the Board and will depend upon the Company's operating performance and other factors.

Ark Restaurants Announces Financial Results for the Second Quarter of 2023

Retrieved on: 
Monday, May 15, 2023

Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the second quarter ended April 1, 2023.

Key Points: 
  • Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the second quarter ended April 1, 2023.
  • Revenues for the period from closure through April 1, 2023 were $714,000 as compared to $2,326,000 for the comparable prior period.
  • The increase was driven primarily by substantial gains in our event business in New York City, NY and Washington, D.C.
  • The property was substantially closed for renovation on February 5, 2023 and reopened on April 28, 2023.

Ark Restaurants Announces Conference Call

Retrieved on: 
Wednesday, May 10, 2023

Ark Restaurants Corp. (NASDAQ:ARKR) will hold a conference call for investors and analysts to discuss financial results for the second quarter ended April 1, 2023 on Tuesday, May 16, 2023 at 11:00 a.m. Eastern Time.

Key Points: 
  • Ark Restaurants Corp. (NASDAQ:ARKR) will hold a conference call for investors and analysts to discuss financial results for the second quarter ended April 1, 2023 on Tuesday, May 16, 2023 at 11:00 a.m. Eastern Time.
  • The dial-in numbers to participate in the conference call are:
    The Company will also broadcast its conference call over the Internet.
  • A replay of the broadcast will be available within three hours of the call, and will be available until Tuesday, May 23, 2023, 11:59 p.m. Eastern Time.
  • The dial-in telephone numbers for the replay are:
    Ark Restaurants owns and operates 17 restaurants and bars, 16 fast food concepts and catering operations primarily in New York City, Florida, Washington, DC, Las Vegas, Nevada and the gulf coast of Alabama.

Ark Restaurants Announces Declaration of Dividend

Retrieved on: 
Tuesday, May 9, 2023

Ark Restaurants Corp. (NASDAQ:ARKR) announced today that the Board of Directors (the "Board") declared a cash dividend of $0.1875 cents per share to be paid on June 13, 2023 to shareholders of record at the close of business on May 31, 2023.

Key Points: 
  • Ark Restaurants Corp. (NASDAQ:ARKR) announced today that the Board of Directors (the "Board") declared a cash dividend of $0.1875 cents per share to be paid on June 13, 2023 to shareholders of record at the close of business on May 31, 2023.
  • Future decisions to pay dividends, and the amount of any dividend, are at the discretion of the Board and will depend upon the Company's operating performance and other factors.

Ark Restaurants Announces Financial Results for the First Quarter of 2023 and Declaration of Quarterly Cash Dividend

Retrieved on: 
Monday, February 13, 2023

Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the first quarter ended December 31, 2022.

Key Points: 
  • Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the first quarter ended December 31, 2022.
  • Total revenues for the 13 weeks ended December 31, 2022 were $47,445,000 versus $43,986,000 for the 13 weeks ended January 1, 2022.
  • In addition, New York and Washington, D.C. benefited from strong revenues from our event business in the current period as compared to the prior year.
  • On February 8, 2023, the Board of Directors declared a quarterly cash dividend of $0.125 per share to be paid on March 14, 2023 to shareholders of record at the close of business on February 28, 2023.

Ark Restaurants Announces Conference Call

Retrieved on: 
Tuesday, February 7, 2023

Ark Restaurants Corp. (NASDAQ:ARKR) will hold a conference call for investors and analysts to discuss financial results for the first quarter ended December 31, 2022 on Tuesday, February 14, 2023 at 11:00 a.m. Eastern Time.

Key Points: 
  • Ark Restaurants Corp. (NASDAQ:ARKR) will hold a conference call for investors and analysts to discuss financial results for the first quarter ended December 31, 2022 on Tuesday, February 14, 2023 at 11:00 a.m. Eastern Time.
  • The dial-in numbers to participate in the conference call are:
    The Company will also broadcast its conference call over the Internet.
  • A replay of the broadcast will be available within three hours of the call, and will be available until Tuesday, February 21, 2023, 11:59 p.m. Eastern Time.
  • The dial-in telephone numbers for the replay are:
    Ark Restaurants owns and operates 17 restaurants and bars, 16 fast food concepts and catering operations primarily in New York City, Florida, Washington, DC, Las Vegas, Nevada and the gulf coast of Alabama.

Ark Restaurants Announces Financial Results for the Fourth Quarter and Fiscal Year Ended 2022

Retrieved on: 
Monday, December 19, 2022

Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the fourth quarter and fiscal year ended October 1, 2022.

Key Points: 
  • Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the fourth quarter and fiscal year ended October 1, 2022.
  • The fiscal years ended October 1, 2022 and October 2, 2021 both included 52 weeks and the quarters ended October 1, 2022 and October 2, 2021 both included 13 weeks.
  • Total revenues for the 13 weeks ended October 1, 2022 were $46,884,000 versus $42,839,000 for the 13 weeks ended October 2, 2021.
  • Total revenues for the year ended October 1, 2022 were $183,674,000 versus $131,870,000 for the year ended October 2, 2021.