Ark Restaurants FY26 Q3 net loss narrows to $347,000; revenue falls 6.6% to $40.88 million
Reuters2026/08/10 20:35- Ark Restaurants posted a net loss attributable to shareholders of $347,000, or $0.10 per share, for the third quarter ended June 27, 2026.
- Revenue fell 6.48% to $40.88 million as same-store sales declined 6.6%.
- Non-GAAP adjusted EBITDA dropped 80.01% to $358,000.
- Cash and cash equivalents totaled $9.49 million, while total outstanding debt was $7.12 million as of June 27, 2026.
- Lease uncertainty at Bryant Park continues to weigh on catered and a la carte results; a court-ordered stay lets operations continue through about Oct. 16, 2026.
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