Ark Restaurants (ARKR) Reports Q1 EPS of $0.49
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Ark Restaurants Announces Financial Results for the First Quarter of 2017
February 10, 2017 4:05 PM ESTNEW YORK--(BUSINESS WIRE)-- Ark Restaurants Corp. (NASDAQ: ARKR) today reported financial results for the first quarter ended December 31, 2016.
Total revenues for the three-month period ended December 31, 2016 were $38,392,000 versus $36,991,000 for the three months ended January 2, 2016. The three-month period ended December 31, 2016 includes revenues of $707,000, which represents one month of sales, related to the Oyster House properties in Gulf Shores and Spanish Fort, AL which were acquired on November 30, 2016. The three-month period ended January 2, 2016 includes revenues of $697,000 related to two properties that were closed during the period.
Company-wide same store sales increased 2.7% for the... More
