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ARKO to Report Fourth Quarter and Full Year 2024 Financial Results on February 26, 2025
GlobeNewswire· 2025-02-12 21:05
Core Viewpoint - ARKO Corp. will host a conference call on February 26, 2025, to discuss its financial results for Q4 and the full year ended December 31, 2024 [1][2]. Company Overview - ARKO Corp. is a Fortune 500 company and one of the largest convenience store operators in the United States, owning 100% of GPM Investments, LLC [4]. - The company operates in four reportable segments: retail, wholesale, fleet fueling, and GPM Petroleum [4]. - ARKO offers a variety of products including prepared foods, beverages, snacks, and operates a loyalty program called REWARDS [4]. Conference Call Details - The conference call is scheduled for February 26, 2025, at 5:00 p.m. Eastern time [2]. - A press release with financial results will be provided prior to the call [2]. - Participants are encouraged to register at least 15 minutes before the start time [3].
ARKO Corp. Unveils 'Fueling America's Future' Campaign with fas REWARDS®, Slashing Gas Prices Nationwide
Newsfilter· 2025-02-11 14:17
Core Viewpoint - ARKO Corp. has launched a unique fuel discount program called 'Fueling America's Future', aimed at providing significant savings for consumers at the pump, with potential savings of up to $40 per fill-up through its loyalty program [1][2][3] Group 1: Campaign Details - The 'Fueling America's Future' campaign offers drivers up to $2 off per gallon of gas, allowing discounts to be stacked through qualifying purchases for members of the fas REWARDS® program [1][3] - The initiative is designed to address the financial strain on working Americans due to high gas prices, with the company emphasizing its responsibility to support these consumers [2][3] - The program is available at over 1,350 branded retail stores operated by ARKO, including various convenience store brands [4] Group 2: Company Background - ARKO Corp. is a Fortune 500 company and one of the largest convenience store operators in the United States, owning 100% of GPM Investments, LLC [6] - The company operates in four segments: retail, wholesale, GPM Petroleum, and fleet fueling, providing a wide range of products and services [6] - As of 2024, the fas REWARDS® program has approximately 2.3 million enrolled members, indicating a strong customer base for the loyalty program [5]
ARKO Corp. (ARKO) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2025-02-05 23:55
Company Performance - ARKO Corp. closed at $6.92, reflecting a decrease of -1.28% from the previous trading session, underperforming compared to the S&P 500's gain of 0.39% [1] - Over the past month, ARKO shares have increased by 10.39%, outperforming the Consumer Staples sector's decline of 0.7% and the S&P 500's increase of 1.7% [1] Earnings Report Expectations - The upcoming earnings report for ARKO Corp. is anticipated to show quarterly revenue of $2.15 billion, which represents a decrease of 3.64% compared to the same period last year [2] Analyst Estimates and Market Sentiment - Recent adjustments to analyst estimates for ARKO Corp. are being monitored, as these revisions often reflect short-term business trends and can indicate analysts' positive outlook on the company's health and profitability [3] - The Zacks Rank system, which incorporates estimate changes, suggests that these revisions are correlated with near-term share price momentum [4] Valuation Metrics - ARKO Corp. is currently trading at a Forward P/E ratio of 18.45, which is lower than the industry average Forward P/E of 19.95 [6] - The Consumer Products - Staples industry, to which ARKO belongs, is ranked 167 in the Zacks Industry Rank, placing it in the bottom 34% of over 250 industries [6] Zacks Rank System - The Zacks Rank system ranges from 1 (Strong Buy) to 5 (Strong Sell) and has a historical track record of outperforming, with stocks rated 1 yielding an average annual return of +25% since 1988 [5] - Currently, ARKO Corp. holds a Zacks Rank of 3 (Hold), indicating a neutral position in the market [5]
Why the Market Dipped But ARKO Corp. (ARKO) Gained Today
ZACKS· 2025-01-24 23:55
Stock Performance - ARKO Corp closed at $7 03, marking a +0 72% increase from the previous day, outperforming the S&P 500's 0 29% loss, the Dow's 0 32% loss, and the Nasdaq's 0 5% loss [1] - Over the past month, ARKO Corp shares appreciated by 5 44%, outperforming the Consumer Staples sector's loss of 2 15% and the S&P 500's gain of 2 52% [1] Earnings and Revenue - The latest consensus estimate predicts ARKO Corp's revenue to be $2 15 billion, indicating a 3 64% decrease compared to the same quarter of the previous year [2] Analyst Estimates and Business Outlook - Recent changes to analyst estimates for ARKO Corp signify the changing landscape of near-term business trends, with positive estimate revisions being a good sign for the company's business outlook [3] - Estimate changes are directly correlated with near-term stock prices, and the Zacks Rank system takes these changes into account to deliver a clear, actionable rating model [4] Valuation and Industry Rank - ARKO Corp is presently being traded at a Forward P/E ratio of 18 37, which is a discount compared to the industry average Forward P/E of 22 22 [6] - The Consumer Products - Staples industry, part of the Consumer Staples sector, holds a Zacks Industry Rank of 149, positioning it in the bottom 41% of all 250+ industries [6] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1, as measured by the Zacks Industry Rank [7]
ARKO Corp. (ARKO) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2025-01-04 00:12
In the latest trading session, ARKO Corp. (ARKO) closed at $6.38, marking a -0.47% move from the previous day. This change lagged the S&P 500's daily gain of 1.26%. On the other hand, the Dow registered a gain of 0.8%, and the technology-centric Nasdaq increased by 1.77%.Heading into today, shares of the company had lost 8.43% over the past month, lagging the Consumer Staples sector's loss of 6.03% and the S&P 500's loss of 2.82% in that time.Market participants will be closely following the financial resul ...
ARKO (ARKO) - 2024 Q3 - Earnings Call Transcript
2024-11-09 19:41
Arko Corp. (NASDAQ:ARKO) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Jordan Mann - Senior Vice President, Corporate Strategy, Capital Markets & Investor Relations Arie Kotler - Chairman, President & Chief Executive Officer Rob Giammatteo - Executive Vice President & Chief Financial Officer Conference Call Participants Bobby Griffin - Raymond James Kelly Bania - BMO Capital Markets Anthony Bonadio - Wells Fargo Hale Holden - Barclays Operator Good day, everyone, and welc ...
ARKO Corp. (ARKO) Q3 Earnings and Revenues Lag Estimates
ZACKS· 2024-11-08 01:41
ARKO Corp. (ARKO) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -56.25%. A quarter ago, it was expected that this company would post earnings of $0.18 per share when it actually produced earnings of $0.11, delivering a surprise of -38.89%.Over the last four quarters, the company has ...
ARKO (ARKO) - 2024 Q3 - Quarterly Report
2024-11-07 21:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 001-39828 ARKO Corp. (Exact Name of Registrant as Specified in Its Charter) Delaware 85-2784337 (State or Other Jurisdiction ...
ARKO (ARKO) - 2024 Q3 - Quarterly Results
2024-11-07 21:05
Exhibit 99.1 ARKO Corp. Reports Third Quarter 2024 Results ARKO Corp. (Nasdaq: ARKO) ("ARKO" or the "Company"), a Fortune 500 company and one of the largest convenience store operators in the United States, today announced financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Key Highlights (vs. Year-Ago Quarter) 1,2 • Net income for the quarter was $9.7 million compared to $21.5 million. • Adjusted EBITDA for the quarter was $78.8 million, as compared to $87.3 million for the ...
ARKO to Report Third Quarter 2024 Financial Results on November 7, 2024
GlobeNewswire News Room· 2024-10-24 20:05
RICHMOND, Va., Oct. 24, 2024 (GLOBE NEWSWIRE) -- ARKO Corp. (Nasdaq: ARKO) (the “Company”) a Fortune 500 company and one of the largest convenience store operators in the United States, today announced that the Company will host a conference call on Thursday, November 7, 2024 at 5:00 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2024. ARKO Corp.’s management team will host the conference call, followed by a question-and-answer period. The Company will provide i ...