Restaurant operator Ark's Q4 revenue falls

Ark Restaurants

15/12/2025 21:35

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

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(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.)