Ark Restaurants (ARKR) Reports Q1 EPS of $0.09

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Ark Restaurants Announces Financial Results for the First Quarter of 2016

February 12, 2016 4:05 PM EST

NEW YORK--(BUSINESS WIRE)-- Ark Restaurants Corp. (NASDAQ: ARKR) today reported financial results for the first quarter ended January 2, 2016.

Total revenues for the three-month period ended January 2, 2016 were $36,109,000 versus $33,359,000 for the three months ended December 27, 2014. The three-month period ended January 2, 2016 includes revenues of: (i) $760,000 related to our Rustic Inn property in Jupiter, FL which was opened on January 26, 2015, (ii) $876,000 related to Shuckers in Jensen Beach, FL which was acquired on October 22, 2015, and (iii) $901,000 related to the Southwest Porch in Bryant Park, NY which was opened on July 1, 2015. The three-month period ended December 27, 2014 includes... More