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The Midtown standby can now stay open until at least next spring
ARKR's third-quarter fiscal 2026 revenues weaken as softer same-store sales and regional pressures offset a sharply narrower net loss.
Despite a 6% revenue dip, Ark Restaurants Corp (ARKR) secures lease savings, new Las Vegas venues, and a favorable court ruling to bolster future growth.
The venues in New York City's Bryant Park have spent more than a year tangled in a legal dispute over the leases there. The restaurants are still operating, but the company could be forced to call it quits in October, pending the results of an appeal.
Moby summary of Ark Restaurants Corp.'s Q3 2026 earnings call
Ark Restaurants: Fiscal Q3 Earnings Snapshot
NEW YORK, August 10, 2026--Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the third quarter ended June 27, 2026.
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