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ARKR Ark Restaurants Corp. featured news, full reports, and detailed charts

Ark Restaurants Corp. (ARKR) Wrap Up:

We are a New York corporation formed in 1983. As of the fiscal year ended September 29, 2007, we owned and/or operated 23 restaurants and bars, 24 fast food concepts, catering operations, and wholesale and retail bakeries through our subsidiaries. Initially our facilities were located only in New York City. As of the fiscal year ended September 29, 2007, seven of our restaurant and bar facilities are located in New York City, four are located in Washington, D.C., five are located in Las Vegas, Nevada, two are located in Atlantic City, New Jersey, three are located at the Foxwoods Resort Casino in Ledyard, Connecticut and one is located in the Faneuil Hall Marketplace in Boston, Massachusetts. In 2004, we established operations in Florida which include five fast food facilities in Tampa, Florida and seven fast food facilities in Hollywood, Florida, each at a Hard Rock Hotel and Casino operated by the Seminole Indian Tribe at these locations.  ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2007%2f12%2f28%2f0000930413-07-009678.html#FIS_BUSINESS"   
www.arkrestaurants.com
1,425 Employees
Founded in 1983

Ark Restaurants Corp. (ARKR:NASDAQ)

LAST $13.29 USD
CHANGE TODAY -0.06 -0.45%
VOLUME 3.2K
As of 3:59 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Ark Restaurants Corp. (ARKR)

OPEN
$14.03
PREVIOUS CLOSE
$13.35
DAY HIGH
$14.03
DAY LOW
$13.29
52 WEEK HIGH
09/29/09 - $19.00
52 WEEK LOW
11/21/08 - $7.92
MARKET CAP
46.4M
AVERAGE VOLUME 3 mo
5.1K
DILUTED EPS TTM
$1.06
SHARES OUTSTANDING
3.5M
EX-DATE
12/18/08
P/E TTM
12.6x
DIVIDEND
--
DIVIDEND YIELD
0.00%
K = Thousands  M = Millions  B = Billions

ARKR Top Compensated Officers

Mr. Michael Weinstein
Founder, Chairman and Chief Executive Officer
Age: 65
Total Annual Compensation: $966.0K
Mr. Robert Towers
President, Chief Operating Officer, Treasurer...
Age: 61
Total Annual Compensation: $486.1K
Mr. Robert Stewart
Chief Financial Officer
Age: 53
Total Annual Compensation: $285.3K
Mr. Vincent Pascal
Senior Vice President of Operations, Secretar...
Age: 65
Total Annual Compensation: $411.1K
Mr. Paul Gordon
Senior Vice President and Director
Age: 57
Total Annual Compensation: $375.5K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for Ark Restaurants Corp. (ARKR)

Ark Restaurants Corp. expected to Report Fiscal Year 2009 Results on November 18, 2009. This event was calculated by Capital IQ (Created on November 16, 2009).

Ark Restaurants Corp. expected to Report Fiscal Year 2009 Results on November 18, 2009. This event was calculated by Capital IQ (Created on November 16, 2009).

Ark Restaurants Corp. Declares Special Dividend and Resumption of Regular Quarterly Dividend Payable on October 16, 2009

Ark Restaurants Corp. announced that the board of directors declared a $1.00 special dividend and will resume paying a regular quarterly dividend in the amount of $0.25 per share beginning with the first quarter of the company's upcoming fiscal year. The company's board of directors, therefore, declared a special dividend of $1.00 per share on the company's common stock to be paid on October 16, 2009 to shareholders of record at the close of business on October 2 2009.

Ark Restaurants Corp. Reports Consolidated Earnings Results for the Third Quarter and Nine Month Ended June 27, 2009

Ark Restaurants Corp. reported consolidated earnings results for the third quarter and nine month ended June 27, 2009. For the quarter, the company reported total revenues from continuing operations were $31.1 million against $36 million in the same period last year. EBITDA from continuing operations was $3.43 million against $5.69 million during the same three month period last year. The company's net income from continuing operations was $1.59 million or $0.46 per basic and diluted share compared to $3.2 million or $0.90 per basic and diluted share for the same period last year. Company-wide same store sales decreased 14.3% compared to the same three month period last year. The company reported operating income of $2.48 million and net income of $1.59 million or $0.46 per basic and diluted share compared to operating income of $4.93 million and net income of $3.13 million or $0.87 per basic and diluted share for the same period a year ago. For the nine months ended June 27, 2009, the company reported total revenues from continuing operations were $81.7 million against $90.8 million in the same period last year. EBITDA from continuing operations was $4,872,000 against $9,443,000 during the same nine month period last year. The company's net income from continuing operations was $1,733,000, or $0.50 per basic and diluted share compared to $4.94 million or $1.37 per basic and diluted share for the same period last year. Company-wide same store sales decreased 13.1% compared to the same nine month period last year. The company reported operating income of $1.40 million and net income of $1.73 million or $0.50 per basic and diluted share compared to operating income of $7.14 million and net income of $4.96 million or $1.38 per basic and diluted share for the same period a year ago.

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Industry Analysis

Valuation ARKR Industry Range
Price/Earnings 12.5x
Price/Sales 0.4x
Price/Book 1.2x
Price/Cash Flow 6.3x
TEV/Sales 0.3x

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