Quick Facts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Ark Restaurants Q3 Profit Rises - Quick Facts

RELATED NEWS
Trade ARKR now with 
8/10/2012 5:27 PM ET

Ark Restaurants Corp. (ARKR: Quote) reported that its third-quarter income was $2.96 million or $0.90 per share, up from $2.31 million or $0.65 per share in the same quarter last year.

Total revenues for the quarter were $38.99 million versus $38.75 million last year. The prior year's revenues include $1.86 million related to two properties closed in 2012.

Company-wide same store sales for the quarter increased 4.0% compared to the same three month period last year.

Click here to receive FREE breaking news email alerts for Ark Restaurants Corp. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Data-storage products maker NetApp Inc. said Tuesday after the markets closed that its fourth quarter profit fell 4% from last year, hurt mainly by higher operating expenses even as revenue grew slightly. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations, but its quarterly revenue fell short of analysts' forecast. Analog Devices, Inc. said that its second quarter profit rose slightly from last year, helped mainly by lower income tax expenses even as revenue declined 2%. The company's quarterly earnings per share, excluding items, came in line with analysts' expectations. However, the company forecast third quarter revenue and earnings below analysts' current consensus estimates. While buying interest was relatively subdued, stocks moved modestly higher over the course of the trading day on Tuesday. The strength on the day offset the weakness seen in the previous session, with the Dow and the S&P 500 reaching new record closing highs. The major averages gave back some ground in late-day trading but remained in positive territory.
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.