Earnings Call Summary | Ark Restaurants(ARKR.US) Q4 2024 Earnings Conference
Earnings Call Summary | Ark Restaurants(ARKR.US) Q4 2024 Earnings Conference
The following is a summary of the Ark Restaurants Corp. (ARKR) Q4 2024 Earnings Call Transcript:
以下是Ark Restaurants Corp.(ARKR)2024年第四季度業績會的摘要:
Financial Performance:
財務表現:
Ended the year with $10.3 million in cash and $5.2 million in debt.
Plans in place for an extension of the credit agreement and restructuring of remaining debt.
Reported a loss on the closure of El Rio Grande amounting to $876,000.
Recorded an additional goodwill impairment of $4 million, totaling $14 million over the recent periods.
Gained a favorable deal to vacate a Tampa food court space for $5.5 million.
年末現金爲1030萬美元,債務爲520萬美元。
計劃延長信用協議並重組剩餘債務。
報告因關閉El Rio Grande而損失了876,000美元。
記錄了額外的商譽減值400萬美元,近期總計1400萬美元。
獲得了一個有利的交易,花費550萬美元騰出坦帕一個美食廣場的空間。
Business Progress:
業務進展:
Closed El Rio Grande due to suboptimal operating results and unfruitful lease negotiations.
Engaged in a favorable termination agreement for the Tampa food court, yielding a substantial payout.
Monitoring performance and potential adjustments at Sequoia and other locations on a quarterly basis.
由於經營結果不佳和租約談判不順,關閉了El Rio Grande。
與坦帕美食廣場達成了一項有利的終止協議,獲得了一筆可觀的賠償。
每季度監測Sequoia和其他地點的表現及潛在調整。
Opportunities:
機會:
Potential developments in Meadowlands Racetrack could provide significant business opportunities depending on legislative changes in New York.
梅多蘭茲賽馬場的潛在發展可能提供重要的業務機會,具體取決於紐約的立法變化。
Risks:
風險:
Economic uncertainty continues to affect customer demand and hinders pricing power. Goodwill and asset impairments reflect challenges in several business locations.
經濟不確定性繼續影響客戶需求,並阻礙定價能力。商譽和資產減值反映了多個業務地點的挑戰。
More details: Ark Restaurants IR
更多詳細信息:Ark Restaurants 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:欲了解更全面的細節,請參閱IR網站。 文章僅供投資者參考,不構成任何指導或推薦建議。
譯文內容由第三人軟體翻譯。