Earnings Call Summary | Ark Restaurants(ARKR.US) Q1 2024 Earnings Conference
Earnings Call Summary | Ark Restaurants(ARKR.US) Q1 2024 Earnings Conference
The following is a summary of the Ark Restaurants Corp. (ARKR) Q1 2024 Earnings Call Transcript:
以下是方舟餐廳公司（ARKR）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Ark Restaurants reported no change in revenue for Q1 2024.
There was a decrease in EBITDA, reaching $2,572,000 compared to $3,018,000 from the previous year.
Cash reserves amounted to $12,122,000 while total debt as of the end of December was $6,742,000.
There was a significant discrepancy in revenue across various locations, with strong performance in Las Vegas overshadowing problematic revenue trends in Florida where volumes have decreased by approximately 10%.
方舟餐廳報告稱，2024年第一季度的收入沒有變化。
息稅折舊攤銷前利潤下降至257.2萬美元，而去年同期爲3,018,000美元。
現金儲備爲12,122,000美元，而截至12月底的總債務爲674.2萬美元。
不同地區的收入存在顯著差異，拉斯維加斯的強勁表現掩蓋了佛羅里達州存在問題的收入趨勢，佛羅里達州的收入下降了約10％。
Business Progress:
業務進展：
The company is grappling with potential labor inflation due to potential minimum wage increases especially in certain locations like Las Vegas, Florida, and New York.
Rather than raising menu prices to balance increased labor costs, the company is focusing on growth initiatives to boost demand.
Ark Restaurants continues to pursue potential acquisition deals that would expand their operating income and take advantage of strategic closed locations.
They currently hold a minority interest in Meadowlands Racetrack, looking forward to a potential casino license.
The lease for Ark's popular Bryant Park location is due for renewal in May 2025, with a proposal already submitted and a decision expected in the coming months.
由於可能提高最低工資，該公司正在努力應對潛在的勞動力通貨膨脹，尤其是在拉斯維加斯、佛羅里達和紐約等某些地區。
該公司沒有提高菜單價格以平衡勞動力成本的增加，而是專注於增長計劃以提振需求。
Ark Restaurants繼續尋求潛在的收購協議，以擴大其營業收入並利用戰略封閉地點的優勢。
他們目前持有梅多蘭茲賽馬場的少數股權，期待獲得潛在的賭場牌照。
Ark廣受歡迎的布萊恩特公園場地的租約將於2025年5月續約，提案已經提交，預計將在未來幾個月內做出決定。
More details: Ark Restaurants IR
更多詳情： 方舟餐廳 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。