reports
ARKO Corp. Reports Third Quarter 2024 Results
ARKO Corp. Reports Third Quarter 2024 Results RICHMOND, Va., Nov. 07, 2024 (GLOBE NEWSWIRE) -- 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 prior year period; performance...
ARKO Corp. Opens New Handy Mart Store in Newport, North Carolina
ARKO Corp. Opens New Handy Mart Store in Newport, North Carolina RICHMOND, Va., Aug. 28, 2024 (GLOBE NEWSWIRE) -- ARKO Corp. (Nasdaq: ARKO), a Fortune 500 company and one of the largest convenience store operators in the United States, today announces the opening of its newest Handy Mart store in Newport, North Carolina. Officially open as of August 26th, the 5,600-square-foot store, located at 2934 Highway 24, offers delicious food and beverage selection, including fresh coffee, Frazil frozen drinks, and a variety of grab-and-go items like breakfast sandwiches, donuts, cheeseburgers a...
- VRS RESEARCH TEAM
ARKO Corp. Reports Second Quarter 2024 Results
ARKO Corp. Reports Second Quarter 2024 Results RICHMOND, Va., Aug. 06, 2024 (GLOBE NEWSWIRE) -- 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 second quarter ended June 30, 2024. Second Quarter 2024 Key Highlights (vs. Year-Ago Quarter)1,2 Net income for the quarter was $14.1 million compared to $14.5 million, with recent acquisitions and higher fuel margin partially offsetting continued declines in gallon demand and lower same store ...
ARKO to Report Second Quarter 2024 Financial Results on August 6, 2024
ARKO to Report Second Quarter 2024 Financial Results on August 6, 2024 RICHMOND, Va., July 25, 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 Tuesday, August 6, 2024 at 5:00 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2024. ARKO Corp.’s management team will host the conference call, followed by a question-and-answer period. The Company will provide its financial resul...
ARKO Corp. Named to Fortune 500 List for Third Consecutive Year
ARKO Corp. Named to Fortune 500 List for Third Consecutive Year Convenience store operator ranks No. 453 overall RICHMOND, Va., June 11, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: ARKO) (“ARKO” or the “Company”), one of the largest convenience store operators and fuel wholesalers in the United States, today announced it was named to the 2024 Fortune 500 list for the third consecutive year. The yearly ranking highlights companies based on total revenue in the United States. ARKO ranked at No. 453, moving up 7 places on the list from its ranking in 2023 and 45 places from its 2022 debut at No. 49...
GPM Investments Now Offering Nathan’s Famous Hot Dogs
GPM Investments Now Offering Nathan’s Famous Hot Dogs The ARKO Corp. subsidiary is now selling Nathan’s Famous 100% beef hot dogs to enhance shoppers’ dining experience at participating locations RICHMOND, Va., May 15, 2024 (GLOBE NEWSWIRE) -- (“GPM”), a wholly owned subsidiary of . (Nasdaq: ARKO) a Fortune 500 company and one of the largest convenience store operators in the United States (“ARKO” or the “Company”), today announces it is now selling Nathan’s Famous hot dogs. Nathan’s Famous will be the Company’s new supplier of quality, 100% all-beef hot dogs at more than 450 locations...
ARKO Corp. Reports First Quarter 2024 Results
ARKO Corp. Reports First Quarter 2024 Results RICHMOND, Va., May 07, 2024 (GLOBE NEWSWIRE) -- 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 first quarter ended March 31, 2024. First Quarter 2024 Key Highlights (vs. Year-Ago Quarter)1,2 Net loss for the quarter was $0.6 million compared to $2.5 million.Adjusted EBITDA for the quarter was $36.6 million compared to $47.5 million, with the variance driven by lower fuel contribution, regulatory state...
ARKO to Report First Quarter 2024 Financial Results on May 7, 2024
ARKO to Report First Quarter 2024 Financial Results on May 7, 2024 RICHMOND, Va., April 25, 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 Tuesday, May 7, 2024 at 5:00 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2024. ARKO Corp.’s management team will host the conference call, followed by a question-and-answer period. The Company will provide its financial results in...
ARKO Corp. Subsidiary to Open New Handy Mart Store in Newport, North C...
ARKO Corp. Subsidiary to Open New Handy Mart Store in Newport, North Carolina RICHMOND, Va., April 16, 2024 (GLOBE NEWSWIRE) -- ARKO Corp. (Nasdaq: ARKO), a Fortune 500 company and one of the largest convenience store operators in the United States (“ARKO” or the “Company”), announced today that its subsidiary GPM broke ground with a New To Industry Handy Mart branded location at 2934 Highway 24, Newport, North Carolina that is scheduled to open later this year. This location is the second announced New To Industry location in process that the Company has announced in the last 30 days. “...
ARKO Corp. Subsidiary GPM Investments Kicks Off Months of Pizza Celebr...
ARKO Corp. Subsidiary GPM Investments Kicks Off Months of Pizza Celebration with its $4.99 Pizza Program RICHMOND, Va., April 09, 2024 (GLOBE NEWSWIRE) -- GPM Investments, LLC (“GPM”), a wholly owned subsidiary of ARKO Corp. (Nasdaq: ARKO) a Fortune 500 company and one of the largest convenience store operators in the United States (“ARKO” or the “Company”), has launched multiple deals and value-oriented promotions featuring its $4.99 pizza to last through the middle of May 2024 and lead into the summer season. As Spring rolls in, enrolled fas REWARDS® loyalty members can purchase ...
ARKO Corp. Negotiates Enhanced Value for Stockholders in Final Payment...
ARKO Corp. Negotiates Enhanced Value for Stockholders in Final Payment for TEG Acquisition RICHMOND, Va., March 28, 2024 (GLOBE NEWSWIRE) -- ARKO Corp. (Nasdaq: ARKO) (“ARKO” or the “Company”), a Fortune 500 company and one of the largest convenience store operators in the United States, announced today that it has negotiated improved deferred payment terms and value related to the Company’s previously reported acquisition of the assets of Transit Energy Group and its affiliates (“TEG”). As previously disclosed, on March 1, 2023, the Company closed on the acquisition from TEG of 135 co...
ARKO Corp. Subsidiary GPM Investments Ramps Up Hiring Initiative to St...
ARKO Corp. Subsidiary GPM Investments Ramps Up Hiring Initiative to Strengthen Workforce and Foster Growth – Seeking to Hire 1,500 Employees RICHMOND, Va., March 20, 2024 (GLOBE NEWSWIRE) -- GPM Investments, LLC (“GPM”) a wholly owned subsidiary of ARKO Corp. (Nasdaq: ARKO) a Fortune 500 company and one of the largest convenience store operators in the United States, proudly announces the launch of a comprehensive hiring initiative aimed at prepping for the summer selling season. With a steadfast commitment to excellence and growth, GPM is dedicated to fostering a diverse and dynamic team...
ARKO Corp. Subsidiary to Open New Fast Market Store in Gilbert, Arizon...
ARKO Corp. Subsidiary to Open New Fast Market Store in Gilbert, Arizona RICHMOND, Va., March 18, 2024 (GLOBE NEWSWIRE) -- ARKO Corp. (Nasdaq: ARKO) (“ARKO” or the “Company”), a Fortune 500 company and one of the largest convenience store operators in the United States, announced today that its subsidiary GPM broke ground with a New To Industry Fast Market branded location at 1655 East Queens Creek Road, Gilbert Arizona that is scheduled to open later this year . This location will be a 5,600 square foot store, with sleek and inviting exterior, offering customers delicious food and bevera...
ARKO Corp. Announces Participation in Raymond James 45th Annual Instit...
ARKO Corp. Announces Participation in Raymond James 45th Annual Institutional Investors Conference RICHMOND, Va., Feb. 29, 2024 (GLOBE NEWSWIRE) -- 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 the Company’s participation in the Raymond James & Associates 45th Annual Institutional Investors Conference. ARKO Chairman, President and Chief Executive Officer, Arie Kotler, will present at the conference on Monday, March 4, 2024 at 1:05PM Eastern Time. The live audio webcast pr...
ARKO Corp. Reports Fourth Quarter and Full Year 2023 Results
ARKO Corp. Reports Fourth Quarter and Full Year 2023 Results RICHMOND, Va., Feb. 27, 2024 (GLOBE NEWSWIRE) -- 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 quarter and full year ended December 31, 2023. Fourth Quarter and Full Year 2023 Key Highlights1,2 Net income for the quarter was $1.1 million, compared to $12.9 million for the prior year quarter. For the year, net income was $34.6 million, compared to $72.0 million for the prior year.Adjust...
ARKO to Report Fourth Quarter and Full Year 2023 Financial Results on ...
ARKO to Report Fourth Quarter and Full Year 2023 Financial Results on February 27, 2024 RICHMOND, Va., Feb. 13, 2024 (GLOBE NEWSWIRE) -- ARKO Corp. (Nasdaq: ARKO) (the “Company”) today announced that the Company will report results for the fourth quarter and full year ended December 31, 2023 on Tuesday, February 27, 2024 after the markets close in the United States. The Company will host a conference call to discuss these results at 10:00 a.m. Eastern Time on February 28, 2024. Investors and analysts interested in participating in the live call can dial 877-605-1792 or 201-689-8728. A si...
ARKO Corp Launches Highly Relevant, Delicious $4.99 Pizza Program
ARKO Corp Launches Highly Relevant, Delicious $4.99 Pizza Program RICHMOND, Va., Jan. 31, 2024 (GLOBE NEWSWIRE) -- ARKO Corp. (Nasdaq: ARKO), a Fortune 500 company and one of the largest convenience store operators in the United States (“ARKO” or the “Company”), announced today that the Company has launched its delicious, inflation-busting $4.99 whole pizza in stores across the Company’s Family of Community Brands. “Having a value pizza offering is table stakes for convenience store operators, and we have raised the ante with the exceptional quality resulting from a thorough research a...
ARKO Corp. Appoints Robert Giammatteo as Chief Financial Officer
ARKO Corp. Appoints Robert Giammatteo as Chief Financial Officer Giammatteo a Seasoned Financial Leader with Significant Experience in Retail RICHMOND, Va., Dec. 21, 2023 (GLOBE NEWSWIRE) -- 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 that the Company has appointed Robert E. Giammatteo as its Executive Vice President and Chief Financial Officer, effective January 2, 2024. Mr. Giammatteo will also serve as Chief Financial Officer of ARKO subsidiary GPM Investments, LLC....
ARKO Corp. Reports Third Quarter 2023 Results
ARKO Corp. Reports Third Quarter 2023 Results RICHMOND, Va., Nov. 06, 2023 (GLOBE NEWSWIRE) -- 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 quarter ended September 30, 2023. Third Quarter 2023 Key Highlights1 Net income for the quarter was $21.5 million, compared to $25.0 million for the prior year quarter.Adjusted EBITDA for the quarter was $91.2 million, compared to $99.5 million for the prior year quarter, primarily due to reduced fuel contr...
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