Exhibit 99.1 Ark Restaurants Announces Financial Results for the Second Quarter of 2024 CONTACT: Anthony J. Sirica (212) 206-8800 ajsirica@arkrestaurants.com NEW YORK, New York - May 13, 2024 -- Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the second quarter ended March 30, 2024. Financial Results Total revenues for the 13 weeks ended March 30, 2024 were $42,257,000 versus $41,897,000 for the 13 weeks ended April 1, 2023 and total revenues for the 26 weeks ended March 30, 2024 we ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________ 85 Fifth Avenue, New York, NY 10003 (Address of Principal Executive Offices) (Zip Code) Non-accelerated filer ☒ Smaller Reporting Company ☒ Emerging Growth Company ☐ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE A ...

Ark Restaurants Corp. (NASDAQ:ARKR) Q1 2024 Earnings Conference Call February 13, 2024 11:00 AM ET Company Participants Christopher Love - Secretary Michael Weinstein - Chairman & CEO Vinny Pascal - COO Conference Call Participants Operator Greetings, and welcome to Ark Restaurants First Quarter 2024 Results Conference Call. At this time, all participants are in listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions]. As a reminder, this conference ...

NEW YORK--(BUSINESS WIRE)--Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the first quarter ended December 30, 2023. Financial Results Total revenues for the 13 weeks ended December 30, 2023 were $47,487,000 versus $47,445,000 for the 13 weeks ended December 31, 2022. The Company's EBITDA, excluding gains on the forgiveness of Paycheck Protection Program Loans (the "PPP Loan Forgiveness") and adjusted for other items all as set out in the table below, for the 13 weeks ended Dece ...

Financial Performance - For the fiscal year ended September 30, 2023, the company reported an operating loss of $4,840,000, a decrease of 149.1% compared to an operating income of $9,864,000 for the previous year[73]. - Total revenues for the year ended September 30, 2023, increased by 0.6% to $184,793,000 from $183,674,000 in the prior year[74]. - Same-store food and beverage sales remained consistent at $178,375,000 for the year ended September 30, 2023, compared to $178,311,000 for the year ended October 1, 2022[76]. - Other revenues increased by 8.4% to $3,973,000, primarily due to an increase in purchase service fees[74][80]. Expenses and Costs - Payroll expenses increased by 10.5% to $66,322,000, representing 35.9% of total revenues for the year ended September 30, 2023, up from 32.7% in the previous year[83][84]. - The company incurred a goodwill impairment charge of $10,000,000, which was not present in the prior year[73][83]. - Food and beverage cost of sales decreased by 5.6% to $49,624,000, representing 26.9% of total revenues, down from 28.6% in the previous year[83]. Cash Flow and Financing - Net cash provided by operating activities decreased to $8,386,000 for the year ended September 30, 2023, down from $20,347,000 for the year ended October 1, 2022, attributed to a decrease in consolidated net income and changes in net working capital[100]. - Net cash provided by investing activities was $1,276,000 for the year ended September 30, 2023, compared to net cash used of $(7,761,000) for the year ended October 1, 2022, primarily due to increased purchases of fixed assets[101]. - Net cash used in financing activities was $(19,686,000) for the year ended September 30, 2023, mainly from principal payments on notes payable of $16,334,000 and dividend payments of $2,252,000[102]. Operational Challenges - The company anticipates that ongoing geopolitical and macroeconomic factors may lead to further operational challenges, including potential government mandates and inflationary pressures[68]. - The company’s performance is highly seasonal, with the second quarter typically being the poorest performing due to cold weather, although this has been partially offset by locations in warmer climates[70][72]. Investments and Renovations - The Company extended its lease for Gallagher's Steakhouse, committing to spend a minimum of $1,500,000 for renovations, with total costs amounting to approximately $1,900,000[104]. - The Company has agreed to spend a minimum of $4,000,000 to refresh the premises of America at the New York-New York Hotel and Casino by December 31, 2024[105]. - The Company extended its lease for the Village Eateries, agreeing to spend a minimum of $3,500,000 for renovations by March 31, 2024[106]. Tax and Compliance - The overall effective tax rate will be influenced by factors such as the utilization of state and local net operating loss carryforwards and the generation of FICA tax credits[94]. - The Company was in compliance with all financial covenants under the Credit Agreement as of September 30, 2023, except for the minimum annual net income requirement[116]. Accounting and Financial Reporting - The Company’s revenue recognition policy includes recognizing revenues from restaurant operations net of discounts and upon satisfaction of performance obligations[120]. - The Company’s lease liabilities are recognized based on the present value of lease payments over the lease term, with lease expense recognized on a straight-line basis[129]. - The Company measures stock-based compensation cost at the grant date based on fair value and recognizes it as expense over the vesting period using the straight-line method[135]. - Recent accounting pronouncements adopted in fiscal 2023 are detailed in the consolidated financial statements[136]. - No significant changes or disagreements with accountants on accounting and financial disclosure were reported[137].

Ark Restaurants Corp. (NASDAQ:ARKR) Q4 2023 Results Conference Call December 19, 2023 11:00 AM ET Company Participants Christopher Love - Secretary Michael Weinstein - Chairman and CEO Anthony Sirica - President and CFO Conference Call Participants Jeff Kaminski - JJK Consultants Operator Greetings, and welcome to Ark Restaurants Fourth Quarter and Fiscal Year Ended Results. At this time, all participants are in listen-only mode. A question-and-answer session will follow the formal presentation. [Operator I ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________ 85 Fifth Avenue, New York, NY 10003 (Address of Principal Executive Offices) (Zip Code) Non-accelerated filer ☒ Smaller Reporting Company ☒ Emerging Growth Company ☐ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 1, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ...

Ark Restaurants Corp. (NASDAQ:ARKR) Q3 2023 Earnings Conference Call August 15, 2023 11:00 AM ET Company Participants Christopher Love - Secretary Michael Weinstein - Chairman and CEO Anthony Sirica - President and CFO Sam Weinstein - Project Manager Conference Call Participants Jeffrey Kaminsky - JJK Consultants Operator Greetings, and welcome to the Ark Restaurants Third Quarter 2023 Results Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the forma ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________ 85 Fifth Avenue, New York, NY 10003 (Address of Principal Executive Offices) (Zip Code) Non-accelerated filer ☒ Smaller Reporting Company ☒ Emerging Growth Company ☐ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 1, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT O ...

Ark Restaurants Corp. (NASDAQ:ARKR) Q2 2023 Results Conference Call May 16, 2023 11:00 AM ET Company Participants Christopher Love - Secretary Michael Weinstein - Chairman and CEO Anthony Sirica - President and CFO Sam Weinstein - Project Manager Operator Greetings, and welcome to Ark Restaurants Second Quarter 2023 Results Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this ...