Ark Restaurants Corp.
Description
Ark Restaurants Corp., through its subsidiaries, owns and operates restaurants and bars in the United States. It operates restaurants in New York City; Washington, D.C.; Las Vegas, Nevada; Atlantic City, New Jersey; Florida; and Alabama, as well as fast food concepts and catering operations. The company was incorporated in 1983 and is based in New York, New York.
About
CEO
Mr. Michael Weinstein
Employees
1,401
Instrument type
Common Stock
Sector
Consumer Cyclical
Industry
Restaurants
MIC code
XNMS
Address
85 5th Avenue, New York, NY 10003, United States
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Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Dec 16, 2025 | — | — | — | — |
| Aug 11, 2025 | — | — | — | — |
| May 12, 2025 | — | — | — | — |
| Feb 10, 2025 | — | — | — | — |
| Feb 13, 2023 | — | 0.47 | — | — |
Earnings estimate
| Number of analysts | — | — | — | — |
|---|---|---|---|---|
| Average estimate | — | — | — | — |
| Low estimate | — | — | — | — |
| High estimate | — | — | — | — |
| Last year EPS | — | — | — | — |
[stock_revenue_estimate]
Growth estimates
Current qtr
—
Next qtr.
—
Current year
—
Next year
—
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fiscal date | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 |
| Total reported revenue | 183.55M | 184.79M | 183.67M | 131.87M | 106.49M |
| Cost of revenue | 115.36M | 115.95M | 112.57M | 81.53M | 69.56M |
| Gross profit | 68.18M | 68.85M | 71.10M | 50.34M | 36.93M |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 36.89M | 35.88M | 35.12M | 25.27M | 25.55M |
| Other operating expenses | 24.13M | 23.50M | 21.82M | 16.04M | 14.76M |
| Operating income | 3.08M | 5.16M | 9.86M | 5.40M | -7.43M |
| Non operating interest income | |||||
| Income | 44,000 | 333,000 | 109,000 | 51,000 | 126,000 |
| Expense | 621,000 | 1.24M | 1.19M | 1.23M | 1.42M |
| Other income expense | -7.07M | -9.68M | 2.84M | 11.21M | -276,000 |
| Pretax income | -4.56M | -5.42M | 11.62M | 15.43M | -9.00M |
| Tax provision | -815,000 | -64,000 | 1.45M | 1.18M | -4.39M |
| Net income | -3.75M | -5.36M | 10.17M | 14.25M | -4.62M |
| Basic EPS | -1.08 | -1.65 | 2.61 | 3.67 | -1.34 |
| Diluted EPS | -1.08 | -1.65 | 2.58 | 3.58 | -1.34 |
| Basic average shares | 3.60M | 3.60M | 3.56M | 3.52M | 3.50M |
| Diluted average shares | 3.60M | 3.60M | 3.56M | 3.52M | 3.50M |
| EBITDA | 7.68M | 10.36M | 15.56M | 10.89M | -2.58M |
| Net income from continuing op. | -3.75M | -5.36M | 10.17M | 14.25M | -4.62M |
| Minority interests | -151,000 | -570,000 | -893,000 | -1.35M | -70,000 |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fiscal date | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 |
| Total assets | 156.04M | 176.96M | 209.53M | 161.22M | 153.32M |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 10.27M | 13.42M | 23.44M | 19.17M | 16.89M |
| Other short term investments | — | — | 5.02M | — | — |
| Accounts receivable | 3.52M | 3.31M | 3.19M | 4.11M | 1.74M |
| Other receivables | 255,000 | 328,000 | 440,000 | 380,000 | 385,000 |
| Inventory | 2.29M | 3.09M | 3.71M | 3.51M | 2.55M |
| Prepaid assets | — | 212,000 | 1.78M | 3.90M | 2.87M |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 1.60M | 1.57M | 1.52M | 3.21M | 2.47M |
| Non current assets | |||||
| Properties | 84.98M | 96.46M | 101.72M | 56.34M | 54.19M |
| Land and improvements | 18.39M | 18.39M | 18.03M | 18.03M | 18.03M |
| Machinery furniture equipment | 39.12M | 39.03M | 36.55M | 36.14M | 39.09M |
| Construction in progress | 1.11M | 127,000 | 355,000 | 38,000 | 1.35M |
| Leases | — | 44.31M | 43.05M | 42.20M | 40.78M |
| Accumulated depreciation | -71.43M | -67.54M | -63.31M | -60.24M | -61.57M |
| Goodwill | 11.20M | 19.29M | 39.37M | 39.48M | 34.91M |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 4.32M | 4.41M | 4.49M | 4.60M | 3.77M |
| Investments and advances | 6.55M | 6.51M | 6.47M | 6.43M | 6.87M |
| Other non current assets | 6.96M | 5.90M | 5.64M | 5.97M | 8.33M |
| Total liabilities | 112.40M | 125.23M | 149.42M | 109.76M | 116.16M |
| Current liabilities | |||||
| Accounts payable | 4.55M | 4.06M | 4.47M | 4.89M | 2.33M |
| Accrued expenses | 6.90M | 7.10M | 9.86M | 7.78M | 8.55M |
| Short term debt | 12.29M | 9.98M | 14.11M | 13.14M | 15.12M |
| Deferred revenue | 4.38M | 5.96M | 5.53M | 4.99M | 3.66M |
| Tax payable | 761,000 | 765,000 | 916,000 | 910,000 | 477,000 |
| Pensions | — | — | — | — | — |
| Other current liabilities | — | — | — | — | — |
| Non current liabilities | |||||
| Long term debt | 83.52M | 97.37M | 114.53M | 78.06M | 86.03M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | — | — | — | — | — |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | — | — | — | — | — |
| Shareholders equity | |||||
| Common stock | 36,000 | 36,000 | 36,000 | 36,000 | 35,000 |
| Retained earnings | 30.17M | 36.09M | 44.27M | 35.88M | 22.99M |
| Other shareholders equity | — | — | — | — | — |
| Total shareholders equity | 43.64M | 51.72M | 60.12M | 51.45M | 37.15M |
| Additional paid in capital | 13.93M | 14.16M | 15.49M | 14.49M | 13.50M |
| Treasury stock | — | — | — | — | — |
| Minority interest | -496,000 | 1.43M | 318,000 | 1.04M | 626,000 |
Cash flow statement
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||||||
| Net Income | -3.75M | -5.36M | 10.17M | 14.25M | -4.62M | 2.46M | 5.07M | 4.76M | 5.49M | 6.39M | 6.19M | 5.11M | 7.15M | 2.30M | 2.32M | 3.06M | 6.98M | 13.01M | 5.22M | 6.58M | 6.66M | 4.67M | 4.39M | -6.85M | -3.53M | 4.50M | 4.60M | 1.70M | 800,000 | 1.10M | 600,000 | 1.80M | 1.50M | 1.10M | 700,000 |
| Depreciation | 4.53M | 4.82M | 5.17M | 5.44M | 4.64M | 5.23M | 5.07M | 4.13M | 4.55M | 4.42M | 4.62M | 4.30M | 4.11M | 4.49M | 3.87M | 3.62M | 3.09M | 2.72M | 3.78M | 3.69M | 3.59M | 3.91M | 4.66M | 5.94M | 4.89M | 4.10M | 4.00M | 3.40M | 2.70M | 2.40M | 1.80M | 1.60M | 1.30M | 1.20M | 1.00M |
| Deferred Taxes | -1.06M | -620,000 | 582,000 | 2.20M | -1.79M | -1.12M | -1.50M | 1.55M | 1.13M | 213,000 | -408,000 | 1.23M | 2.29M | -1.10M | -933,000 | -905,000 | 451,000 | 1.54M | -401,000 | 187,000 | -144,000 | -355,000 | 1.79M | -3.11M | -1.67M | 400,000 | 100,000 | -400,000 | -700,000 | -300,000 | -100,000 | -200,000 | -100,000 | — | 300,000 |
| Stock-Based Compensation | -919,000 | 314,000 | 298,000 | 280,000 | 176,000 | 112,000 | 47,000 | — | 286,000 | 426,000 | 349,000 | 317,000 | 108,000 | 190,000 | 535,000 | 433,000 | 312,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | 10,000 | 21,000 | -13,000 | -801,000 | 165,000 | -525,000 | -383,000 | 62,000 | -177,000 | -423,000 | -387,000 | -44,000 | 1.41M | -18,000 | -289,000 | 6,000 | -57,000 | 606,000 | 153,000 | — | — | — | — | — | — | -100,000 | 100,000 | — | 100,000 | — | — | 200,000 | 300,000 | 200,000 | -100,000 |
| Accounts Receivable | -203,000 | -128,000 | 928,000 | -2.38M | 883,000 | 831,000 | -99,000 | 397,000 | -529,000 | -205,000 | -304,000 | 1.08M | -112,000 | 182,000 | -557,000 | 1.21M | 232,000 | 136,000 | -1.31M | -614,000 | -589,000 | 1.08M | -778,000 | 996,000 | -1.25M | 400,000 | -700,000 | -500,000 | -200,000 | -200,000 | -400,000 | -200,000 | -100,000 | 100,000 | -100,000 |
| Accounts Payable | 489,000 | -408,000 | -420,000 | 2.56M | -1.22M | -1.48M | 269,000 | 1.87M | -331,000 | 615,000 | -166,000 | 29,000 | 207,000 | -1.23M | -118,000 | -293,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | 802,000 | 977,000 | -451,000 | -987,000 | -109,000 | 22,000 | -98,000 | -157,000 | -1.60M | -1.01M | -615,000 | 115,000 | -260,000 | -355,000 | 26,000 | -3,000 | -1.16M | 1.15M | 2.73M | -406,000 | 1.10M | 49,000 | -587,000 | 248,000 | -701,892 | -1.70M | -500,000 | -600,000 | 500,000 | 200,000 | 800,000 | -1.00M | -100,000 | 800,000 | 1.10M |
| Operating Cash Flow | -97,000 | -385,000 | 16.27M | 20.56M | -1.87M | 5.54M | 8.39M | 12.62M | 8.83M | 10.42M | 9.27M | 12.14M | 14.91M | 4.46M | 4.85M | 7.12M | 9.85M | 19.16M | 10.17M | 9.44M | 10.62M | 9.35M | 9.47M | -2.77M | -2.27M | 7.60M | 7.60M | 3.60M | 3.20M | 3.20M | 2.70M | 2.20M | 2.80M | 3.40M | 2.90M |
| Investing Activities | |||||||||||||||||||||||||||||||||||
| Capital Expenditures | -2.47M | -3.86M | -2.70M | -2.14M | -2.49M | -3.42M | -5.06M | -13.90M | -2.16M | -3.20M | -3.60M | -3.28M | -8.00M | -2.77M | -2.90M | -3.82M | -8.08M | -3.66M | -5.35M | -4.25M | -1.53M | -1.60M | -704,000 | -3.01M | -22.26M | -6.00M | -4.10M | -10.70M | -6.50M | -6.60M | -2.80M | -1.10M | -1.30M | -1.30M | -2.50M |
| Net Intangibles | — | — | — | — | — | — | — | — | — | -400,000 | -114,000 | — | -400,000 | -600,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | — | — | — | -1.82M | — | -25,000 | — | -791,000 | -717,000 | -222,000 | -2.17M | -7.17M | — | 102,000 | 129,000 | 121,000 | 114,000 | -2.00M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Purchase of Investments | — | — | -5.00M | — | — | — | — | — | — | — | — | — | -441,000 | -3.28M | -10.92M | -10.99M | -14.65M | -29.19M | — | — | — | — | — | — | — | — | — | — | — | — | — | -100,000 | -200,000 | -1.00M | — |
| Sale of Investments | — | 5.02M | — | — | — | — | — | — | — | — | — | 75,000 | 3.06M | 7.88M | 11.65M | 12.12M | 14.50M | 20.04M | — | — | — | — | — | — | — | — | — | — | 200,000 | — | — | 100,000 | 100,000 | 100,000 | — |
| Investing Cash Flow | -2.39M | 1.28M | -7.76M | -3.45M | -2.46M | -3.47M | -5.05M | -14.64M | -3.05M | -3.26M | -6.58M | -10.38M | -5.46M | 3.22M | -1.74M | -2.87M | -7.05M | -14.12M | -4.93M | -3.84M | -1.34M | -1.43M | -547,000 | -1.89M | -25.24M | -6.10M | -4.20M | -10.40M | -6.70M | -9.10M | -3.00M | -1.60M | -1.40M | -2.20M | -2.30M |
| Financing Activities | |||||||||||||||||||||||||||||||||||
| Long-Term Debt Issuance | — | — | — | 111,000 | 15.00M | — | 5.09M | — | — | — | — | 3.00M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-Term Debt Payments | -1.99M | -16.33M | -6.51M | -3.44M | -2.70M | -2.26M | -2.07M | -3.95M | -2.53M | -1.79M | -2.34M | -1.47M | -78,000 | -224,000 | — | -194,000 | -180,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Financing Charges | -1.39M | -1.14M | -1.62M | -938,000 | -200,000 | -433,000 | -1.10M | -1.29M | -1.19M | -1.06M | -1.30M | -1.86M | -2.31M | -1.72M | 1,000 | -161,000 | 2.22M | 20,000 | 595,000 | — | — | -101,000 | — | — | — | — | — | 100,000 | — | 800,000 | 300,000 | — | — | — | — |
| Financing Cash Flow | -5.40M | -19.73M | -8.32M | -3.56M | 16.64M | -5.52M | 3.56M | -1.61M | -7.15M | -7.09M | -6.92M | -2.76M | -6.64M | -5.43M | -7.10M | -2.57M | -5.50M | -16.06M | -3.63M | -4.15M | 2.22M | -101,000 | 44,000 | -3,000 | -1.01M | -4.00M | -1.40M | 6.20M | 300,000 | 1.20M | 500,000 | 500,000 | — | — | -400,000 |
| Other Cash Details | |||||||||||||||||||||||||||||||||||
| End Cash Position | 10.27M | 13.42M | 23.44M | 19.17M | 16.89M | 7.18M | 5.01M | 1.41M | 7.24M | 9.74M | 8.66M | 8.75M | 8.71M | 7.78M | 2.01M | 5.45M | 2.98M | 4.01M | 7.67M | 5.72M | 4.44M | 486,000 | 819,000 | — | 697,385 | 300,000 | 1.00M | — | — | — | — | — | — | — | — |
| Income Tax Paid | 170,000 | 345,000 | 826,000 | 8,000 | 219,000 | 732,000 | 127,000 | 1.49M | 2.85M | 956,000 | 790,000 | 379,000 | 2.36M | 1.20M | 2.55M | 2.30M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | 439,000 | 1.29M | 1.12M | 1.07M | 1.40M | 1.42M | 1.01M | 707,000 | 416,000 | 238,000 | 201,000 | 62,000 | 23,000 | 12,000 | 29,000 | 43,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | 2.19M | 4.53M | 17.65M | 7.16M | -7.01M | 7.20M | 4.51M | -3.55M | 5.45M | 7.70M | 8.19M | 9.78M | 5.03M | 5.16M | 2.65M | 3.89M | 3.24M | 8.11M | 5.16M | 5.67M | 8.86M | 7.85M | 8.73M | 3.76M | -17.37M | — | 2.90M | -6.40M | -2.80M | -2.90M | 400,000 | 1.60M | 1.60M | 2.30M | -100,000 |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 58,667 | 752,697 | 1.63% |
| Vanguard Extended Market Index Fund | Sep 30, 2024 | 38,656 | 495,956 | 1.07% |
| DFA U.S. Micro Cap Series | Oct 31, 2024 | 33,977 | 435,924 | 0.94% |
| DFA U.S. Targeted Value Portfolio | Oct 31, 2024 | 34,043 | 436,771 | 0.94% |
| EA Series Trust-EA Bridgeway Omni Small-Cap Value ETF | Sep 30, 2024 | 19,707 | 252,840 | 0.55% |
| Dimensional ETF Tr-Dimensional U.S. Targeted Value ETF | Oct 31, 2024 | 18,317 | 235,007 | 0.51% |
| DFA U.S. Small Cap Series | Oct 31, 2024 | 16,816 | 215,749 | 0.47% |
| Bridgeway Funds Inc-Ultra Small Company Market Fund | Sep 30, 2024 | 14,500 | 186,034 | 0.40% |
| Fidelity Extended Market Index Fund | Nov 30, 2024 | 11,247 | 144,299 | 0.31% |
| Bridgeway Fds Inc-Omni Small Cap Value Fund | Sep 30, 2024 | 8,500 | 109,054 | 0.24% |
Article
Ark Restaurants Announces Conference Call
NEW YORK--(BUSINESS WIRE)--Ark Restaurants Corp. (NASDAQ:ARKR) will hold a conference call for investors and analysts to discuss financial results for the first quarter ended December 28, 2024 on Tuesday, February 11, 2025 at 11:00 a.m. Eastern Time. The dial-in numbers to participate in the conference call are: Toll-Free – 1-877-407-4018 Toll/International – 1-201-689-8471 The Company will also broadcast its conference call over the Internet. To access the broadcast, please visit https://callm.
Feb 6, 2025
Article
ARKR Stock Declines Post Q4 Earnings Amid Revenue Challenges
Ark Restaurants reports a fourth-quarter fiscal 2024 quarterly revenue dip and net loss amid costs weighing on margins.
Dec 19, 2024
Article
Ark Restaurants Corp. (ARKR) Q4 2024 Earnings Call Transcript
Ark Restaurants Corp. (NASDAQ:ARKR ) Q4 2024 Earnings Conference Call December 17, 2024 11:00 AM ET Company Participants Christopher Love - Secretary Anthony Sirica - Chief Financial Officer Michael Weinstein - Chairman and Chief Executive Officer Conference Call Participants Martin Gilvarg - Mh Gilvarg Consulting Jeffrey Kaminski - JJK Consultants Operator Greetings, and welcome to the Ark Restaurants Fourth Quarter and Year-End 2024 Results Conference Call. At this time, all participants are in a listen-only mode.
Dec 17, 2024
