Ark Restaurants Corp. (ARKR) reported total revenues of $40.881 million for the third quarter ended June 27, 2026, down from $43.715 million a year earlier as same-store sales declined 6.6%.
The company reported a net loss attributable to Ark Restaurants Corp. of $347,000, or $0.10 per basic and diluted share, compared with a net loss of $3.454 million, or $0.96 per basic and diluted share, in the prior-year quarter.
- Cash and cash equivalents were $9.492 million as of June 27, 2026, while total outstanding debt was $7.117 million.
- For the 39 weeks ended June 27, 2026, total revenues were $118.214 million versus $128.428 million a year earlier, with same-store sales down 7.2%.
- Adjusted EBITDA was $358,000 for the 13-week period and $1.297 million for the 39-week period.
- The company said its Las Vegas operations at the New York-New York Hotel and Casino and its Alabama locations continued to perform well, while New York City, Washington, D.C., and Florida remained challenged.
- Ark Restaurants said it continues to operate Bryant Park Grill, Bryant Park Café and The Porch at Bryant Park under a court-ordered stay currently expected to run through on or about October 16, 2026.
- The company said no voter referendum on casino gaming at the Meadowlands will occur in 2026.
$ARKR Hedge Fund Activity
We have seen 6 institutional investors add shares of $ARKR stock to their portfolio, and 11 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO removed 125,598 shares (-99.6%) from their portfolio in Q1 2026, for an estimated $823,922
- CITADEL ADVISORS LLC removed 10,312 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $67,646
- NOKOMIS CAPITAL, L.L.C. added 7,619 shares (+7.1%) to their portfolio in Q1 2026, for an estimated $49,980
- DIMENSIONAL FUND ADVISORS LP removed 5,035 shares (-4.1%) from their portfolio in Q1 2026, for an estimated $33,029
- BLACKROCK, INC. removed 4,768 shares (-56.3%) from their portfolio in Q2 2026, for an estimated $27,940
- BANK OF AMERICA CORP /DE/ removed 3,352 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $21,989
- RENAISSANCE TECHNOLOGIES LLC removed 1,200 shares (-4.5%) from their portfolio in Q1 2026, for an estimated $7,871
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
