Inactive Instrument

ARC Group, Inc.

RLLY

US03879T1088

Arc Group, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019

November 14, 2019 at 11:53 am EST

ARC Group, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was USD 4.042 million compared to USD 2.360 million a year ago. Operating loss was USD 421,961 compared to USD 463,802 a year ago. Net loss was USD 597,514 compared to net income of USD 97,467 a year ago. Basic loss per share from continuing operations was USD 0.08 compared to basic earnings per share from continuing operations of USD 0.01 a year ago. For the nine months, total revenue was USD 12.820 million compared to USD 4.663 million a year ago. Operating loss was USD 986,970 compared to USD 546,374 a year ago. Net loss was USD 1.303 million compared to net income of USD 89,550 a year ago. Basic loss per share from continuing operations was USD 0.18 compared to basic earnings per share from continuing operations of USD 0.01 a year ago.

Latest news about ARC Group, Inc.

Arc Group, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021	21-10-06	CI
ARC Group, Inc. Auditor Raises 'Going Concern' Doubt	21-10-05	CI
ARC Group, Inc. Announces Executive Changes	21-07-30	CI
Arc Group, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019	19-11-14	CI
ARC Group, Inc. Appoints Joseph J. Dominiak as Chief Operating Officer	19-11-12	CI
ARC Group, Inc. acquired all assets of all assets of Soaring Wings, LLC for $18 million.	19-10-13	CI
Arc Group, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019	19-08-14	CI
ARC Group, Inc. Announces Chief Financial Officer Changes	19-07-19	CI
ARC Group, Inc. will Change its Ticker to RLLY from ARCK	19-06-10	CI
Arc Group, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2019	19-05-15	CI
Arc Group, Inc. Reports Earnings Results for the Full Year Ended December 31, 2018	19-03-29	CI
ARC Group, Inc. announced that it expects to receive $7 million in funding	19-01-28	CI
ARC Group Intends To Seek Acquisitions	19-01-09	CI
ARC Group, Inc. Announces Management Changes	19-01-08	CI
ARC Group, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018	18-11-19	CI
ARC Group, Inc. entered into membership purchase agreement to acquire SDA Holdings, LLC from Fred D. Alexander for $10.	18-11-04	CI
ARC Group, Inc. completed the acquisition of assets associated with Fat Patty's restaurant franchise.	18-08-29	CI
ARC Group, Inc. announced that it has received $0.622929 million in funding	18-08-29	CI
ARC Group, Inc. Expects to Open 2-3 New Company-Owned Dick’S Wings Restaurants During the Remainder of 2018; Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2018; Provides Revenue Guidance for the Remainder of the Year 2018	18-08-21	CI
ARC Group, Inc. entered into an asset purchase agreement to acquire assets of Fat Patty's Restaurants in US from CSA Inc., CSA Investments LLC, Fat Patty's LLC and Clint Artrip for $12.4 million.	18-08-08	CI
ARC Group, Inc. Announces Appointment of Marisela Barcenas as Controller	18-06-07	CI
ARC Group Mulls Acquisitions	18-05-16	CI
ARC Group, Inc. Reports Unaudited Consolidated Earnings Results for the Year Ended Dec. 31, 2017	18-04-02	CI
ARC Group, Inc. cancelled the acquisition of Yobe Acquisition, LLC.	18-02-05	CI
ARC Group, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2017	17-11-15	CI

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Company Profile

ARC Group, Inc. is a restaurant holding company. The Company operates and franchises the Dick's Wings brand of restaurants. The Company's Dick's Wings concept includes traditional Dick's Wings & Grill restaurants, which are full-service restaurants and non-traditional units. It operates four company-owned restaurants, three company-owned concession stands, and has 19 franchise locations. The Company offers a range of menu items highlighted by its Buffalo, New York-style chicken wings spun in its sauces and seasonings. It provides customers with an experience from first bite to last call. It focuses on developing brands that offer a range of food and beverages in various markets across the Unites States. It also owns the Fat Patty's and WingHouse Bar & Grill (WingHouse) restaurant concept. Fat Patty's has approximately four locations in West Virginia and Kentucky. WingHouse operates approximately 24 locations across the state of Florida.

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