Arko Stock Price, News & Analysis

ARKO Corp. (Nasdaq: ARKO) is set to present at the 2021 BMO Farm to Market Conference on May 19, 2021, at 9:20 am Eastern Time. The presentation will be available via live webcast, with a replay accessible for 90 days. ARKO, owning 100% of GPM Investments, operates approximately 2,950 convenience store locations across 33 states and the District of Columbia, making it the 7th largest convenience store chain in the U.S. The company operates in three segments: retail, wholesale, and GPMP, offering a wide range of consumer products through its stores.

ARKO Corp. (Nasdaq: ARKO) will announce its first-quarter results for the period ended March 31, 2021, on May 13, 2021, prior to the U.S. market opening. A conference call is scheduled for 10:00 a.m. ET on the same day to discuss these results. Investors can join the call by dialing 877-605-1792 or 201-689-8728. A replay will be available until May 27, 2021. The results will also be accessible via a live webcast on the company's Investor Relations website, which will be archived for 30 days.

ARKO Corp. (Nasdaq: ARKO) announced a strategic agreement with Oak Street Real Estate Capital to enhance GPM Investments' acquisition strategy in the convenience store sector. Oak Street will commit up to $1 billion to purchase and lease real estate associated with GPM's acquisitions of convenience store brands and fueling stations. As the 7th largest convenience store chain in the U.S., GPM has executed 18 acquisitions since 2011, now operating nearly 3,000 sites.

This partnership aims to increase GPM's flexibility and acquisition capacity.

ARKO Corp. (Nasdaq: ARKO) reported financial results for Q4 and full year 2020, highlighting a 66% improvement in net earnings for the quarter, with a loss of $6.7 million, and a 164% increase in net income for the year at $30.1 million. Operating cash flow soared 774% to $47.3 million in Q4 and 302% to $173.8 million for the year. Retail fuel margin improved 48% to 29.3 cents per gallon. The Empire Acquisition expanded the company's footprint significantly, adding 1,453 wholesale sites and enhancing profitability.

ARKO Corp. (Nasdaq: ARKO) will report its fourth quarter and full year results on March 25, 2021, before market opening. The company invites investors to a conference call at 10:00 a.m. ET to discuss the financial results. The call can be accessed by dialing 877-605-1792 or 201-689-8728, with a replay available until April 8. The results will also be webcast live on the company's Investor Relations website for 30 days. ARKO owns GPM Investments, the 7th largest convenience store chain in the U.S., with about 2,950 locations across 33 states and Washington D.C.

ARKO Corp. (Nasdaq: ARKO) announced its acquisition of 61 convenience stores with gas stations operating under the ExpressStop banner in Michigan and Ohio. This marks ARKO's first acquisition since its NASDAQ listing in December 2020. The deal enhances GPM Investments, a wholly-owned subsidiary, expanding its existing network to 1,350 company-operated locations. The transaction is subject to customary closing conditions and is expected to close in the first half of 2021.

ARKO Corp. (Nasdaq: ARKO) is set to present at the Raymond James Institutional Investors Conference on March 2, 2021, at 12:30 PM ET. The presentation will be available for live streaming and can be accessed via the company's website, with a replay available for 30 days. ARKO owns GPM Investments, LLC, which has grown to become the 7th largest convenience store chain in the U.S., operating approximately 2,950 locations across 33 states and Washington D.C.

ARKO Corp. (Nasdaq: ARKO) has signed a strategic memorandum of understanding (MOU) with Chakratec, an Israeli electric vehicle (EV) charging technology developer. This partnership aims to distribute kinetic storage systems that enable ultra-fast EV charging, potentially alleviating 'Range Anxiety' by allowing charging in under 15 minutes. The MOU includes plans for a pilot program in the U.S. next year and an ambitious goal for extensive deployment of fast charging stations across North America by 2030. ARKO's CEO emphasizes the need for improved charging infrastructure to facilitate mass EV adoption in the U.S.

ARKO Corp. (Nasdaq: ARKO) has announced its participation in the 2021 ICR Conference scheduled for January 11, 2021, at 3:30 PM Eastern Time. The presentation will be available via live webcast, and a replay will be accessible for 30 days. ARKO, owner of GPM Investments, is the 7th largest convenience store chain in the U.S. with around 2,950 locations across 33 states and Washington D.C., comprising 1,350 company-operated and 1,600 dealer sites. The company operates in three segments: retail, wholesale, and GPM Petroleum.