ARK RESTAURANTS (ARKR) Company Report

Ark Restaurants reported a full-year 2025 adjusted EBITDA of $1.4 million, a significant decrease from $6.1 million in the prior year, primarily attributed to the Bryant Park situation, which included $2 million in increased legal fees and a $2 million impact on the catering business. For Q4 2025, EBITDA was negative $1 million.
As of Q4 2025, the company's cash balance was $11.3 million and debt was $3.6 million.
Management is optimistic about the potential for a casino at Meadowlands Racetrack, with a referendum expected in November, which could lead to operations by Q1 2027 and significant food and beverage opportunities for Ark Restaurants.
Ark Restaurants is actively pursuing growth through acquisitions, with two letters of intent currently out and negotiations for a brand, despite past difficulties in closing deals due to declining target revenues and landlord issues.

Dec 16, 2025, 4:00 PM

Ark Restaurants Reports Q4 and Full-Year 2025 Results, Addresses Key Strategic Initiatives

ARKR

Earnings

Legal Proceedings

New Projects/Investments

Ark Restaurants reported a full-year adjusted EBITDA of $1.4 million for 2025, a significant decrease from $6.1 million in the prior year, primarily due to the Bryant Park situation, which incurred approximately $2 million in legal fees and another $2 million impact on the catering business.
As of September 27, 2025, the company's cash position was $11.3 million and its debt stood at $3.6 million.
Management expressed optimism regarding the potential for a casino license at the Meadowlands Racetrack in New Jersey, with a referendum anticipated in November. If approved, a casino could be operational by Q1 2027, with Ark Restaurants holding minority ownership in Meadowlands LLC and exclusive food and beverage rights.
Operational performance varied by region, with Vegas and Alabama showing solid results and improved cash flows, while Florida properties experienced revenue deterioration of 5% to 7%.
The company is actively pursuing growth through acquisitions, currently having two letters of intent out and negotiating for a new brand, despite challenges in closing deals due to deteriorating target financials and landlord demands.

Dec 16, 2025, 4:00 PM

Ark Restaurants Discusses Q4 and Full-Year 2025 Performance, Bryant Park Litigation, and Meadowlands Casino Prospects

ARKR

Earnings

Legal Proceedings

New Projects/Investments

Ark Restaurants reported a full-year adjusted EBITDA of $1.4 million for 2025, a significant decrease from $6.1 million last year, primarily due to $2 million in legal fees and another $2 million impact on catering business related to the Bryant Park situation.
For Q4 2025, the company recorded a negative EBITDA of $1 million, compared to $500,000 in the same quarter last year, also attributed to the Bryant Park situation.
Management is actively pursuing new growth opportunities, including two letters of intent for acquisitions and negotiations for a new brand, while also highlighting the potential for a casino at the Meadowlands Racetrack, which could be operational by Q1 2027 if a New Jersey referendum passes.
Operational performance was mixed, with solid business in Las Vegas, Alabama, and Robert in New York, but continued revenue deterioration in Florida properties and a challenging year for the catering business in Washington D.C..

Dec 16, 2025, 4:00 PM

Ark Restaurants Corp. Reports Q4 and Fiscal Year 2025 Financial Results

ARKR

Earnings

Legal Proceedings

Demand Weakening

Ark Restaurants Corp. reported a net loss of $(1,919,000) or $(0.53) per basic and diluted share for the fourth quarter ended September 27, 2025, on $37,323,000 in total revenues. This compares to a net loss of $(4,457,000) or $(1.24) per share and $43,406,000 in total revenues for the prior year comparable quarter.
The company's EBITDA, as adjusted, was $(1,071,000) for Q4 2025, a decrease from $503,000 in the prior year, largely due to over $400,000 in expenses from ongoing litigation related to its Bryant Park operations. The Bryant Park Grill & Cafe and The Porch at Bryant Park locations contributed $25.5 million to total revenues in fiscal year 2025, representing 15.4% of the total.
For the full fiscal year ended September 27, 2025, Ark Restaurants reported a net loss of $(11,466,000) or $(3.18) per basic and diluted share on $165,751,000 in total revenues. This full-year loss includes a $3,440,000 goodwill impairment charge and $4,700,000 in impairment losses on right-of-use and long-lived assets for its Sequoia property in Washington, D.C..
As of September 27, 2025, the company had $11,324,000 in cash and cash equivalents and $3,609,000 in total outstanding debt.

Dec 15, 2025, 9:35 PM

Ark Restaurants Announces Q4 and Fiscal Year 2025 Financial Results

ARKR

Earnings

Legal Proceedings

Demand Weakening

Ark Restaurants reported a net loss attributable to Ark Restaurants Corp. of $(1,919,000), or $(0.53) per basic and diluted share, on total revenues of $37,323,000 for the fourth quarter ended September 27, 2025. For the full fiscal year 2025, the company posted a net loss of $(11,466,000), or $(3.18) per basic and diluted share, on total revenues of $165,751,000.
EBITDA, as adjusted, was $(1,071,000) for the fourth quarter and $1,407,000 for the fiscal year ended September 27, 2025.
The company's results were impacted by litigation expenses exceeding $400,000 in Q4 2025 related to its Bryant Park operations and the ongoing dispute over the Bryant Park Grill & Cafe and The Porch at Bryant Park leases, which expired in April and March 2025, respectively. These locations generated $25.5 million in revenues for FY 2025.
Ark Restaurants recognized impairment charges totaling $4,700,000 for right-of-use and long-lived assets at its Sequoia property and a goodwill impairment charge of $3,440,000 during the fiscal year ended September 27, 2025.
As of September 27, 2025, the company held cash and cash equivalents of $11,324,000 and had total outstanding debt of $3,609,000.