Ark Restaurants Corp. (ARKR) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings, and welcome to The Ark Restaurants Second Quarter twenty twenty six Results Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. It is now my pleasure to introduce Anthony Sarica, Chief Financial Officer. Please go ahead. Good morning, everyone. Hold on. Chris has to read the safe harbor. Sorry. Hello, everyone. My name is Christopher Lava. I'm the secretary. With me on the call today is Michael Weinstein, our chairman and CEO, and Anthony Cirica, our president and CFO. For those of you who have not yet obtained a copy of our press release, it was issued over the newswires yesterday and is available on our website. To review the full text of that press release along with the associated financial tables, please go to our homepage at www.arkrestaurants.com. Before we begin, however, I'd like to read the Safe Harbor statement. I need to remind everyone that part of our discussion this morning will include forward looking statements and that these statements are not guarantees of future performance, and therefore, undue reliance should not be placed on them. We refer everyone to our filings with the Securities and Exchange Commission for a more detailed discussion of the risks that may have a direct bearing on our operating results, performance, and financial condition. I'll now turn the call over to Anthony. Good morning, everybody. As always, Michael will discuss the business and Bryant Park and the Meadowlands situation. As far as the balance sheet goes, we did draw down 5,000,000 before the end of the quarter to finance our leasehold improvements in Las Vegas. Our cash at the end of the quarter was $11.05 and our debt w...