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Ark Restaurants Reports First Fiscal Quarter Results.

Publication: Business Wire

Publication Date: 31-JAN-01
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COPYRIGHT 2001 Business Wire

Business Editors

NEW YORK--(BUSINESS WIRE)--Jan. 31, 2001

Ark Restaurants Corp. (Nasdaq:ARKR) for the first fiscal quarter ended December 30, 2000 reported net sales of $30,815,000 compared with $26,957,000 for the fiscal quarter ended January 1, 2000.

Operating income was $1,023,000 as compared with $408,000 last year. Net income in the latest quarter was $225,000, or $.07 per share, as compared with $281,000, or $.09 last year. Last year's quarter was before a charge of $190,000 or $.06 per share, due to a change in...

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