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Ark Restaurants (ARKR)
NASDAQ:ARKR
Earnings Data
Report Date
Aug 18, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
―Last Year’s EPS
0.18Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 12, 2025
|% Change Since: -4.07%
|Next Earnings Date:Aug 18, 2025
Earnings Call Sentiment|Neutral
The earnings call presents a mixed picture with positive operational improvements and financial management, offset by significant impairments and ongoing legal disputes. The positive aspects, such as increased cash flow and reduced debt, are balanced by the challenges posed by the goodwill impairment and Bryant Park lease issues.Company Guidance
In the Ark Restaurants Second Quarter 2025 Results Conference Call, the company provided several key financial metrics and guidance. At the end of the quarter, the company reported a cash balance of $11.1 million, which increased by approximately $900,000 from the previous year-end. Their debt was reduced to $4.3 million due to principal payments. Ark Restaurants is finalizing a new credit facility that will offer $15 million to $20 million in total capacity, with the current debt termed out over three years. A significant noncash goodwill impairment of $3.4 million was recorded due to a decline in stock price, alongside a full valuation allowance of $4.8 million on deferred tax assets, impacting their tax rate. EBITDA was negatively affected by $650,000 in consultancy and legal fees related to the Bryant Park lease dispute. Despite these challenges, the company is running $2 million ahead in operating cash flow compared to projections, with improvements seen particularly in Las Vegas and Florida venues. The company is actively seeking deals and anticipates potential developments related to the Bryant Park lease and New Jersey casino licenses.Increased Cash Balance
The company's cash balance increased by approximately $900,000 from year-end, reaching $11.1 million.
Debt Reduction
The company's debt decreased to $4.3 million due to principal payments made during the quarter.
Las Vegas Performance Improvement
Significant improvement in cash flows from Las Vegas operations, with steady volumes and increased efficiencies.
Operating Cash Flow Ahead of Projections
Operating cash flow is running $2 million ahead of projections for the fiscal year.
Potential New Credit Facility
The company is finalizing a new credit facility with existing lenders, estimated to provide $15 million to $20 million in total capacity.
ARKR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ARKR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2025 | $11.07 | $10.69 | -3.43% |
Feb 10, 2025 | $12.68 | $12.53 | -1.18% |
Dec 16, 2024 | $12.01 | $11.78 | -1.92% |
Aug 12, 2024 | $11.99 | $11.80 | -1.58% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Ark Restaurants (ARKR) report earnings?
Ark Restaurants (ARKR) is schdueled to report earning on Aug 18, 2025, TBA Not Confirmed.
What is Ark Restaurants (ARKR) earnings time?
Ark Restaurants (ARKR) earnings time is at Aug 18, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ARKR EPS forecast?
Currently, no data Available