Ark Restaurants Corp. (ARKR) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

placed on them. We refer everyone to our funds with the Securities and Exchange Commission for more detailed discussion of the risks that may have a direct bearing on our operating results, performance, and financial conditions. I'll now turn the call over to Anthony. Good morning, everyone. A couple of items on our balance sheet. Our cash is $11.3 million, which has been holding relatively The restaurants are running on a more efficient basis. Cash flows have improved, especially in Vegas and Robert in New York. The properties in Alabama are doing nicely. We're still seeing some deterioration in revenue in our Florida properties that seems to be a problem that everybody's having in in southern, Florida But we're down anywhere from five six seven percent depending on which full-service restaurant Up until recently we were running ahead at the at the food court and the Hollywood casino That's sort of now flat to down slightly. So Florida has been a constant negative in terms of revenues and cash flow. But the business is solid in Las Vegas, solid in Alabama, solid at Robert in New York. We'll get to Brian Park in a second. And Sequoia has had a bad year, primarily, we think, due to what's going on in Washington, D.C. in general. What's going on there affects our catering business dramatically. So our event business has not been beneficial to the company in Washington, D.C. But overall, we're looking at a December which is going to be, I think, significantly better than last year's December quarter. Meadowlands. The issuance of casino licenses in downstate New York, three licenses were issued in early December. That has always been, and I think if you look back at our previous calls, we've always said we didn't think New Jersey would move on issuing casino licenses awa...