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Ark Restaurants FY26 Q2 net loss narrows to $1.81 million; revenue falls 7.9% to $36.58 million

PUBT·05/11/2026 20:55:31
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Ark Restaurants FY26 Q2 net loss narrows to $1.81 million; revenue falls 7.9% to $36.58 million
  • Ark Restaurants posted a net loss attributable to shareholders of USD 1.81 million, or USD 0.5 per share, for second quarter ended March 28, 2026, narrowing from a year-earlier loss.
  • Revenue fell to USD 36.58 million as same-store sales declined 7.6%.
  • Adjusted EBITDA improved to a loss of USD 592,000.
  • Cash and cash equivalents totaled USD 11.49 million at quarter-end, with total outstanding debt of USD 7.55 million.
  • Michael Weinstein said results were pressured by continued uncertainty over Bryant Park Grill and Bryant Park Café leases, with litigation scheduled for oral argument on June 16, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ark Restaurants Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260511222704) on May 11, 2026, and is solely responsible for the information contained therein.