8-K

UNITED STATESSECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 8-K

Current Report

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 8, 2008

ARK RESTAURANTS CORP.
(Exact name of registrant as specified in its charter)

Commission file number 1-09453

New York	13-3156768
(State or other jurisdiction ofincorporation or organization)	(I.R.S. EmployerIdentification No.)

85 Fifth Avenue
New York, NY 10003

(Address of principal executive offices, with zip code)

(212) 206-8800(Registrant's telephone number, including area code)

N/A
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02     Results of Operations and Financial Condition.

The information in this Current Report is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act"), or otherwise subject to the liabilities of that Section. The information in this Current Report shall not be incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

On February 8, 2008, Ark Restaurants Corp. issued a press release announcing its financial results for its first quarter ended December 29, 2007, the text of which is furnished herewith as Exhibit 99.1.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		ARK RESTAURANT CORP.
		By:	/s/ Michael Weinstein
			Chief Executive Officer
Date:	February 8, 2008

INDEX TO EXHIBITS

Exhibit	Description
99.1	Press Release dated February 8, 2008 entitled "Ark Restaurants Announces First Quarter Financial Results."

EX-99.1

Exhibit 99.1

Ark Restaurants Announces First Quarter Financial Results

NEW YORK--(BUSINESS WIRE)--Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the first quarter ended December 29, 2007.

Total revenues from continuing operations for the three-month period ended December 29, 2007 were $30,318,000 versus $27,521,000 in the three months ended December 30, 2006.

EBITDA from continuing operations for the three-month period ended December 29, 2007 was $2,908,000 versus $3,312,000 during the same three-month period last year. EBITDA and income from continuing operations was negatively affected by pre-opening expenses involved in the construction of Yolos, a Mexican grill and lounge located at the Planet Hollywood Hotel in Las Vegas, which opened on December 30, 2007, expenses related to the expansion and renovation of the banquet facilities in the New York-New York Hotel & Casino and the payment of year-end bonuses to Company employees in excess of those paid during the first quarter last year. The Company’s income from continuing operations for the three-month period ended December 29, 2007 was $1,509,000, or $0.42 per share ($0.41 per diluted share), as compared to $1,842,000, or $0.51 per share ($0.51 per diluted share), for the same three-month period last year.

Compared to last year’s first quarter, Company-wide same store sales increased 3.7%. Compared to the same period last year, same store sales in the Company’s New York City operations increased by 10.0%, same store sales in the Company’s Las Vegas operations increased by 0.3%, same store sales in the Company’s Washington D.C. operations increased by 4.2% and same store sales in the Company’s Atlantic City operations increased by 0.6%. Same store sales in Las Vegas were negatively affected by the closure of the banquet facilities in the New York-New York Hotel & Casino for expansion and renovations. Catering sales in these facilities decreased $410,000 in the first fiscal quarter of 2008 compared to the same period in 2007. Sales from the Company’s Las Vegas operations represented 47.1% of the Company’s total sales during the three-month period ended December 29, 2007.

Net income for the three-month period ended December 29, 2007 was $1,485,000 versus $6,590,000 in the three months ended December 30, 2006. Net income for the three-month period ended December 30, 2006 included a $5,196,000 net gain after taxes from the sale of the Company’s Lutece and Tsunami facilities at the Venetian Casino Resort.

As of December 29, 2007, the Company had cash, cash equivalents and short term investments totaling $12,140,000. As of the same date, the Company had no long-term debt other than $842,000 remaining due on a five year purchase money obligation undertaken in connection with the Company’s January 8, 2007 acquisition of the Durgin Park Restaurant and the Black Horse Tavern in Boston, Massachusetts.

Ark Restaurants owns and operates 22 restaurants and bars, 24 fast food concepts, catering operations and wholesale and retail bakeries. Seven restaurants are located in New York City, four are located in Washington, D.C., five are located in Las Vegas, Nevada, two are located in Atlantic City, New Jersey, three are located at the Foxwoods Resort Casino in Ledyard, Connecticut and one is located in Boston, Massachusetts. The Las Vegas operations include three restaurants within the New York-New York Hotel & Casino Resort and operation of the hotel's room service, banquet facilities, employee dining room and nine food court concepts; one bar within the Venetian Casino Resort as well as three food court concepts. In Las Vegas, the Company also owns and operates one restaurant within the Forum Shops at Caesar's Shopping Center. The Florida operations under management include five fast food facilities in Tampa, Florida and seven fast food facilities in Hollywood, Florida, each at a Hard Rock Hotel and Casino operated by the Seminole Indian Tribe at these locations. In Atlantic City, New Jersey, the Company operates a restaurant and a bar in the Resorts Atlantic City Hotel and Casino. In Boston, Massachusetts, the Company operates a restaurant in the Faneuil Hall Marketplace.

Except for historical information, this news release contains forward-looking statements, which involve unknown risks, and uncertainties that may cause the Company's actual results or outcomes to be materially different from those anticipated and discussed herein. Important factors that might cause such differences are discussed in the Company's fillings with the Securities and Exchange Commission. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

ARK RESTAURANTS CORP.
Condensed Consolidated Income Statement
For the 13 week periods ended December 29, 2007 and December 30, 2006
(In Thousands, Except per share amounts)
	13 weeks ended			13 weeks ended
	December 29,			December 30,
	2007			2006
TOTAL REVENUES	$	30,318		$	27,521
COST AND EXPENSES:
Food and beverage cost of sales		7,734			6,816
Payroll expenses		9,541			8,666
Occupancy expenses		4,019			3,875
Other operating costs and expenses		4,084			3,111
General and administrative expenses		2,151			1,983
Depreciation and amortization expenses		677			632
Total costs and expenses		28,206			25,083
OPERATING INCOME		2,112			2,438
OTHER INCOME:
Interest income - net		130			110
Other income		119			242
Total other income		249			352
Income from continuing operations
before income taxes		2,361			2,790
Provision for income taxes		852			935
Limited partner interest in income of variable interest entity		-			(13	)
Income from continuing operations		1,509			1,842
DISCONTINUED OPERATIONS:
Income (loss) from operations of discontinued restaurants		(37	)		7,139
Provision (benefit) for income taxes		(13	)		2,391
Income (loss) from discontinued operations		(24	)		4,748
NET INCOME	$	1,485		$	6,590
PER SHARE INFORMATION - BASIC AND DILUTED:
Continuing operations basic	$	.42		$	.51
Discontinued operations basic	$	(.01	)	$	1.33
Net basic	$	.41		$	1.84
Continuing operations diluted	$	.41		$	.51
Discontinued operations diluted	$	(.01	)	$	1.33
Net diluted	$	.40		$	1.84
WEIGHTED AVERAGE NUMBER OF SHARES-BASIC		3,597			3,571
WEIGHTED AVERAGE NUMBER OF SHARES-DILUTED		3,641			3,576
Continuing Operations EBITDA Reconciliation
Pre tax earnings	$	2,361		$	2,790
Depreciation and amortization		677			632
Interest		(130	)		(110	)
EBITDA (a)	$	2,908		$	3,312
Continuing Operations EBITDA adjusted for
non-cash stock option expense
EBITDA (as defined) (a)	$	2,908		$	3,312
Non-cash stock option expense		78			174
EBITDA adjusted for non-cash stock option expense	$	2,986		$	3,486
(a) EBITDA is defined as earnings before interest, taxes, depreciation and amortization and cumulative effect of changes in accounting principle. Although EBITDA is not a measure of performance or liquidity calculated in accordance with generally accepted accounting principles (GAAP), the Company believes the use of the non-GAAP financial measure EBITDA enhances an overall understanding of the Company's past financial performance as well as providing useful information to the investor because of its historical use by the Company as both a performance measure and measure of liquidity, and the use of EBITDA by virtually all companies in the restaurant sector as a measure of both performance and liquidity. However, investors should not consider this measure in isolation or as a substitute for net income, operating income, cash flows from operating activities or any other measure for determining the Company's operating performance or liquidity that is calculated in accordance with GAAP, it may not necessarily be comparable to similarly titled Measures employed by other companies. A reconciliation of EBITDA to the most comparable GAAP financial measure, net income, is included above.

CONTACT:
Ark Restaurants Corp.
Robert Towers, 212-206-8800
bob@arkrestaurants.com