Restaurant operator Ark's Q4 revenue falls

Reuters

Dec 16

Restaurant operator Ark's Q4 revenue falls

Overview

Restaurant operator's Q4 revenue decreased
Adjusted EBITDA for Q4 turned negative, impacted by Bryant Park litigation costs
Net loss for Q4 narrowed compared to the prior year

Outlook

Company did not provide specific financial guidance for future periods

Result Drivers

LITIGATION COSTS - Ongoing litigation at Bryant Park led to significant expenses, impacting EBITDA negatively
BRYANT PARK REVENUE DECLINE - Decreased catering and a la carte revenue at Bryant Park Grill due to litigation-related publicity
LAS VEGAS PERFORMANCE - Increased cash flow at New York-New York Hotel and Casino despite lower traffic on Las Vegas Strip

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q4 Revenue		$37.32 mln
Q4 Net Income		-$1.90 mln
Q4 Adjusted EBITDA		-$1.07 mln
Q4 EBITDA		-$823,000

Press Release: ID:nBw8cMDhha

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. 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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4209","symbol_name":"餐馆","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251215:nL1N3XL0Y1:1","article_id":"2591743624","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2591743624","pubTimestamp":1765834510,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Restaurant operator Ark's Q4 revenue fallsOverviewRestaurant operator's Q4 revenue decreasedAdjusted EBITDA for Q4 turned negative, impacted by Bryant Park litigation costsNet loss for Q4 narrowed com","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4209":"餐馆","ARKR":"Ark Restaurants Corp"},"translate_title":"餐厅运营商Ark第四季度收入下降","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARKR":0.9},"content_text":"Restaurant operator Ark's Q4 revenue fallsOverviewRestaurant operator's Q4 revenue decreasedAdjusted EBITDA for Q4 turned negative, impacted by Bryant Park litigation costsNet loss for Q4 narrowed compared to the prior yearOutlookCompany did not provide specific financial guidance for future periodsResult DriversLITIGATION COSTS - Ongoing litigation at Bryant Park led to significant expenses, impacting EBITDA negativelyBRYANT PARK REVENUE DECLINE - Decreased catering and a la carte revenue at Bryant Park Grill due to litigation-related publicityLAS VEGAS PERFORMANCE - Increased cash flow at New York-New York Hotel and Casino despite lower traffic on Las Vegas StripKey DetailsMetricBeat/MissActualConsensus EstimateQ4 Revenue$37.32 mlnQ4 Net Income-$1.90 mlnQ4 Adjusted EBITDA-$1.07 mlnQ4 EBITDA-$823,000Press Release: ID:nBw8cMDhhaFor questions concerning the data in this report, contact Estimates.Support@lseg.com. 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