ARK RESTAURANTS CORP. (NASDAQ:ARKR) Files An 8-K Regulation FD DisclosureItem 7.01
The following information, which has not previously been disclosed, is furnished to Item 7.01 “Regulation FD Disclosure.” Ark Restaurants Corp. (the “Company”) is furnishing the following information which was discussed during the question and answer period of an earnings release conference call with investors on December 28, 2017.
Michael Weinstein, the Company’s Chief Executive Officer, reported that prior guidance is intact. The Company projected total EBITDA of $14,432,000 for fiscal 2018 with add-ins based on historical performance without taking into account any potential increases in Las Vegas operations.
Except for historical information, this report contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve unknown risks, and uncertainties that may cause the Company's actual results or outcomes to be materially different from those anticipated and discussed herein. Important factors that might cause such differences are discussed in the Company's filings with the Securities and Exchange Commission. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Actual results could differ materially from those anticipated in these forward-looking statements, if new information becomes available in the future.
About ARK RESTAURANTS CORP. (NASDAQ:ARKR)
Ark Restaurants Corp. owns and operates approximately 20 restaurants and bars, over 20 fast food concepts and catering operations. The Company operates approximately six small food court restaurants and over one service restaurant in the Village Eateries food court at the New York-New York Hotel & Casino. It also operates the hotel’s room service, banquet facilities and employee cafeteria. It operates approximately six restaurants in New York City; approximately three in Washington, District of Columbia; over six in Las Vegas, Nevada; approximately three in Atlantic City, New Jersey; over one at the Foxwoods Resort Casino in Ledyard, Connecticut; approximately one in Boston, Massachusetts, and over two in Florida. Its restaurants include Center Cafe, Sequoia, Canyon Road, Bryant Park Grill & Cafe, Gallagher’s Steakhouse, Gonzalez y Gonzalez, Village Eateries, Robert, Thunder Grill, Gallagher’s Burger Bar, Broadway Burger Bar and Grill, The Rustic Inn and Southwest Porch.