Brief: Ark Restaurants Announces Q2 Loss Per Share $0.51

Ark Restaurants

22/06/2020 21:57

June 22 (Reuters) - Ark Restaurants Corp  ARKR.O :
    * ARK RESTAURANTS ANNOUNCES FINANCIAL RESULTS FOR THE SECOND
QUARTER OF 2020 AND SUSPENSION OF QUARTERLY DIVIDEND
    * Q2 LOSS PER SHARE $0.51
    * Q2 REVENUE $34 MILLION VERSUS $35.31 MILLION
    * INDEFINITELY DEFERRED PAYMENT OF $0.25 DIVIDEND DECLARED
ON
MARCH 2, 2020
    * CANCELED OR DELAYED ALL NON-ESSENTIAL CAPITAL EXPENDITURES
    * ARK RESTAURANTS - SUSPENDED VAST MAJORITY OF LEASE
PAYMENTS FOR
MONTHS OF APRIL, MAY & JUNE 2020, IS CURRENTLY IN NEGOTIATIONS
FOR RENT CONCESSIONS

Source text for Eikon:  ID:nBw8yb6d5a 
Further company coverage:  ARKR.O 

 ((Reuters.Briefs@thomsonreuters.com;))