Ark Restaurants Corp. (ARKR) Earnings Call Transcripts
Ark Restaurants Corp.'s Latest Earnings Call - Q2 FY2026
In the second quarter of fiscal year 2026, Ark Restaurants Corp. reported a decline in sales across multiple locations, with Las Vegas down 11% and Florida down 10%. Despite these challenges, management indicated improved cash flow management, particularly in Las Vegas, and maintained a stable balance sheet with $11.5 million in cash and $7.6 million in debt. The company is optimistic about opening a new restaurant in Las Vegas in July, which they believe will enhance their market position.
Reported metrics
| Metric | Value |
|---|---|
| Cash | $11.5 million (inline) |
| Debt | $7.6 million (inline) |
| Las Vegas Sales Decline | -11% (negative) |
| Florida Sales Decline | -10% (negative) |
| Washington, D.C. Sales Decline | -5% (negative) |
| Profitability from New Management | null (positive) |
Guidance from management
Management did not provide specific numerical guidance for the upcoming quarters but expressed optimism regarding the new restaurant opening in Las Vegas and ongoing legislative developments for Meadowlands.
What management said
Good morning, everybody. As always, Michael will discuss the business and Brian Park and the Meadowlands situation. As far as the balance sheet goes, we did draw down $5 million before the end of the quarter to finance our leasehold improvements in Las Vegas. Our cash at the end of the quarter was $11.5 million, and our debt was $7.6 million. Other than that, the balance sheet remains very stable and in good shape. T...
What analysts pressed on
Analysts are likely concerned about the ongoing sales declines across key locations and the impact of litigation expenses on profitability. There may also be questions regarding how effectively the company can manage costs in a challenging economic environment.
Main topics on the call
- Sales Decline Across Locations — Management reported a sales decline of 11% in Las Vegas and 10% in Florida, attributing this to economic pressures on consumers. Michael Weinstein stated, "we're losing what we consider the bottom end of our business wit...
- Improved Cash Flow Management — Despite declining sales, cash flow in Las Vegas has improved due to better management of payroll and other expenses. Weinstein noted, "we're actually running a little bit ahead of last year in terms of not having the los...
- Upcoming Restaurant Opening — Management is optimistic about the opening of a new restaurant in Las Vegas, expected in early July, which they believe will attract customers and enhance profitability. Weinstein mentioned, "we think that's going to hel...
- Ongoing Litigation Impact — The ongoing litigation related to Brian Park is affecting profitability, with expenses offsetting gains. Weinstein stated, "our litigation expenses offset a good portion of that profitability."
Read the full Ark Restaurants Corp. transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Ark Restaurants Corp.
Ark Restaurants Corp. (ARKR) is a publicly listed company in the Hotels, Restaurants and Leisure industry, within the Consumer Discretionary sector. It trades on NasdaqGM and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 28 calls on record spanning February 11, 2020 to August 11, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 28 Ark Restaurants Corp. earnings call transcripts on record, spanning February 11, 2020 to August 11, 2026. Based on this history, Ark Restaurants Corp. reports quarterly. The most recent call on file is dated August 11, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- ARKR
- Exchange
- NasdaqGM
- Country
- US
- Sector
- Consumer Discretionary
- Industry
- Hotels, Restaurants and Leisure
- Calls on record
- 28
- First call
- February 11, 2020
- Most recent
- August 11, 2026
- Reporting cadence
- quarterly