ark restaurants owns and operates 20 restaurants and bars, 21 fast food concepts and catering operations primarily in new york city, florida, washington, d.c. and las vegas, nv. five restaurants are located in new york city, three are located in washington, d.c., six are located in las vegas, nevada, three are located in atlantic city, new jersey, one is located at the foxwoods resort casino in ledyard, connecticut, one is located in boston, massachusetts and one is located in dania beach, florida. the las vegas operations include four restaurants within the new york-new york hotel & casino resort and operation of the hotel's room service, banquet facilities, employee dining room and six food court concepts; one bar within the venetian casino resort, as well as two food court concepts and one restaurant within the planet hollywood resort and casino. in atlantic city, new jersey, the company operates a restaurant and a bar in the resorts atlantic city hotel and casino and a restaurant i
Company profile
Ticker
ARKR
Exchange
Website
CEO
Michael S. Weinstein
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Ark AC Burger Bar LLC • Ark Atlantic City Corp. • Ark Atlantic City Restaurant Corp. • Ark Blue Moon, LLC • Ark Bryant Park LLC • Ark Bryant Park Southwest LLC • Ark Causeway Real Estate LLC • Ark Connecticut Corp. • Ark Connecticut Investment LLC • Ark Connecticut Pizza LLC ...
IRS number
133156768
ARKR stock data
Latest filings (excl ownership)
8-K
Ark Restaurants Announces Declaration of Dividend
8 Nov 23
10-Q
2023 Q3
Quarterly report
15 Aug 23
8-K
Ark Restaurants Announces Financial Results for the Third Quarter of 2023
15 Aug 23
8-K
Ark Restaurants Announces Declaration of Dividend
8 Aug 23
10-Q
2023 Q2
Quarterly report
16 May 23
8-K
Ark Restaurants Announces Financial Results for the Second Quarter of 2023
16 May 23
8-K
Ark Restaurants Announces Declaration of Dividend
9 May 23
8-K
Entry into a Material Definitive Agreement
5 Apr 23
8-K
Submission of Matters to a Vote of Security Holders
15 Mar 23
10-Q
2023 Q1
Quarterly report
14 Feb 23
Transcripts
ARKR
Earnings call transcript
2023 Q3
15 Aug 23
ARKR
Earnings call transcript
2023 Q2
16 May 23
ARKR
Earnings call transcript
2022 Q4
20 Dec 22
ARKR
Earnings call transcript
2022 Q3
17 Aug 22
ARKR
Earnings call transcript
2022 Q2
17 May 22
ARKR
Earnings call transcript
2022 Q1
15 Feb 22
ARKR
Earnings call transcript
2021 Q4
21 Dec 21
ARKR
Earnings call transcript
2021 Q3
17 Aug 21
ARKR
Earnings call transcript
2021 Q2
18 May 21
ARKR
Earnings call transcript
2021 Q1
16 Feb 21
Latest ownership filings
SC 13G/A
SATTERFIELD THOMAS A JR
10 Feb 23
4
THOMAS A SATTERFIELD JR
22 Dec 22
4
THOMAS A SATTERFIELD JR
4 Aug 22
4
THOMAS A SATTERFIELD JR
11 Jul 22
4
THOMAS A SATTERFIELD JR
28 Jun 22
4
THOMAS A SATTERFIELD JR
14 Jun 22
SC 13G/A
SATTERFIELD THOMAS A JR
10 Jun 22
3
THOMAS A SATTERFIELD JR
8 Jun 22
SC 13G/A
SATTERFIELD THOMAS A JR
14 Feb 22
SC 13G/A
SATTERFIELD THOMAS A JR
11 Feb 21
Financial summary
| Quarter (USD) | Jul 23 | Apr 23 | Dec 22 | Oct 22 | |
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| Diluted EPS |
| Annual (USD) | Oct 22 | Oct 21 | Oct 20 | Sep 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
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| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 13.99 mm | 13.99 mm | 13.99 mm | 13.99 mm | 13.99 mm | 13.99 mm |
| Cash burn (monthly) | 1.30 mm | 1.05 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 6.86 mm | 5.54 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 7.13 mm | 8.44 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 5.5 | 8.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
17.3% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 21 |
| Opened positions | 3 |
| Closed positions | 4 |
| Increased positions | 3 |
| Reduced positions | 6 |
| 13F shares | Current |
|---|---|
| Total value | 7.50 bn |
| Total shares | 622.70 k |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| CM Management | 184.61 k | $3.42 mm |
| Dimensional Fund Advisors | 140.55 k | $2.60 bn |
| Vanguard | 95.99 k | $1.78 bn |
| First Manhattan | 38.06 k | $704.15 mm |
| Bridgeway Capital Management | 37.77 k | $698.73 mm |
| Renaissance Technologies | 31.91 k | $590.00 k |
| Aristides Capital | 18.93 k | $350.17 mm |
| Geode Capital Management | 14.02 k | $259.31 mm |
| Empowered Funds | 13.87 k | $256.58 mm |
| Alpha Architect ETF Trust | 13.87 k | $256.58 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 21 Dec 22 | Satterfield Thomas A JR | Common Stock | Buy | Acquire P | Yes | No | 17.51 | 4,607 | 80.67 k | 184,607 |
| 21 Dec 22 | Satterfield Thomas A JR | Common Stock | Buy | Acquire P | Yes | No | 16.74 | 10,165 | 170.16 k | 123,450 |
| 20 Dec 22 | Satterfield Thomas A JR | Common Stock | Buy | Acquire P | Yes | No | 16.36 | 10,335 | 169.08 k | 113,285 |
| 3 Aug 22 | Satterfield Thomas A JR | Common Stock | Grant | Acquire A | Yes | No | 21.01 | 10,000 | 210.10 k | 180,000 |
| 3 Aug 22 | Satterfield Thomas A JR | Common Stock | Grant | Acquire A | Yes | No | 20.91 | 4,979 | 104.11 k | 145,000 |
| 3 Aug 22 | Satterfield Thomas A JR | Common Stock | Grant | Acquire A | Yes | No | 20.95 | 6,000 | 125.70 k | 50,000 |
| 3 Aug 22 | Satterfield Thomas A JR | Common Stock | Grant | Acquire A | No | No | 20.94 | 1,500 | 31.41 k | 46,500 |
| 2 Aug 22 | Satterfield Thomas A JR | Common Stock | Grant | Acquire A | Yes | No | 19.99 | 8,930 | 178.51 k | 170,000 |
| 2 Aug 22 | Satterfield Thomas A JR | Common Stock | Grant | Acquire A | Yes | No | 20.51 | 3,021 | 61.96 k | 140,021 |
| 2 Aug 22 | Satterfield Thomas A JR | Common Stock | Grant | Acquire A | Yes | No | 20.38 | 1,500 | 30.57 k | 44,000 |