2/16/2021

speaker
Operator
Conference Operator

Greetings and welcome to Arc Restaurant's first quarter 2021 results conference call. At this time, all participants are in listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during a conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Sonal Shah, General Counsel. Thank you. You may begin.

speaker
Sonal Shah
General Counsel, ARC Restaurants

Thank you, operator. Good morning and thank you for joining us on our conference call for the first fiscal quarter ended January 2nd, 2021. My name is Sonal Shah and I'm General Counsel of ARC Restaurants. With me on the call today is Michael Weinstein, our Chairman and CEO, Vinnie Pascal, our Chief Operating Officer, and Anthony Sirica, our Chief Financial Officer. For those of you who have not yet obtained a copy of our press release, It was issued over the news wires yesterday and is available on our website. To review the full text of that press release, along with the associated financial tables, please go to our homepage at www.arkrestaurants.com. Before we begin, however, I'd like to read the Safe Harbor Statement. I need to remind everyone that part of our discussion this morning will include forward-looking statements and that these statements are not guarantees of future performance. and therefore undue reliance should not be placed on them. We refer everyone to our filings with the Security and Exchange Commission for a more detailed discussion of the risks that might have a direct bearing on our operating results, performance and financial condition. I'll now turn the call over to Michael.

speaker
Michael Weinstein
Chairman and CEO, ARC Restaurants

Hi, everybody. Thank you for joining us. I think the first thing we should do is turn to Anthony and ask him They just give you an overview of our balance sheet and when we expect to turn cash flow positive based upon projections. So, Anthony, why don't you please do that for everybody?

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

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