NEW YORK--(BUSINESS WIRE)--Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the third quarter ended June 28, 2025. "The current quarter showed positive EBITDA of $1,791,000, down from the prior year comparable quarter, due in large part to the expense of our ongoing litigation involving our Bryant Park operations which exceeded $800,000 in the quarter," said Michael Weinstein, Chairman and Chief Executive Officer. "Also, because the outcome and timing of the litigation r
Related Questions
What guidance is management providing for Q4 2025 and the fullâyear 2025 outlook?
How will the $800,000 litigation expense affect Ark Restaurants' cash flow and future profitability?
What is the expected timeline for the Bryant Park litigation resolution and its potential financial impact?
How does the Q3 2025 EBITDA of $1.791M compare to analyst consensus estimates and the company's historical performance?
Are there any operational initiatives or costâsaving measures planned to offset the litigation drag?
How does the decline in EBITDA relative to the prior year comparable quarter affect the company's valuation multiples?
What is the market's reaction to the earnings release and how is the stock price likely to move in the short term?
How does Ark Restaurants' performance this quarter compare to its direct competitors in the casual dining sector?
What is the status of the company's balance sheetâspecifically liquidity and debt levelsâin light of the litigation expense?
Will the litigation expense have any tax implications that could affect net earnings or effective tax rate?