Welcome to our dedicated page for ARKO news (Ticker: $ARKO), a resource for investors and traders seeking the latest updates and insights on ARKO stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ARKO's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ARKO's position in the market.
Rhea-AI Summary
ARKO Corp. launches a $4.99 whole pizza, featuring premium attributes and a self-rising crust, available in cheese and pepperoni. The pizza is part of the Company's focus on delicious food offerings, with a strong emphasis on growing hot food capabilities. ARKO partnered with Alive and Kickin' Crust and PepsiCo for this initiative, offering exclusive deals for loyalty program members and non-members.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.38%
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Rhea-AI Summary
ARKO Corp. (Nasdaq: ARKO) 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. He brings significant experience from leading regional grocery, convenience, and retail pharmacy operator Giant Eagle Inc., as well as executive finance roles with retailers and apparel companies like Ascena Retail Group, VF Corporation, and Limited Brands. With a strong educational background from Massachusetts Institute of Technology and Rensselaer Polytechnic Institute, Mr. Giammatteo's appointment is expected to benefit ARKO's growth and expansion in the convenience store industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.14%
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Rhea-AI Summary
ARKO Corp. announces Q3 2023 financial results with net income of $21.5 million and adjusted EBITDA of $91.2 million. Same store merchandise sales increased 1.0% excluding cigarettes. Merchandise gross profit contribution grew by $21.8 million. Total retail gallons increased by 14.8%. The company closed its 25th acquisition and added over 365,000 enrolled fas REWARDS members. Available liquidity for future acquisitions is over $2 billion. Quarterly dividend of $0.03 per share declared.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.72%
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Rhea-AI Summary
ARKO Corp. will report Q3 results on November 6, 2023, after market close. The company will host a conference call on November 7, 2023, at 10:00 a.m. ET to discuss the results. A telephone replay and webcast will be available.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
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Rhea-AI Summary
ARKO Corp. announces Richard Guidry as Senior VP of Food Service, aiming to expand food business and drive growth in the convenience store industry.
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Rhea-AI Sentiment
End-of-Day
1.97%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.36%
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Rhea-AI Summary
ARKO Corp. (Nasdaq: ARKO) declares a quarterly dividend of $0.03 per share of common stock, reflecting the company's confidence in its cash generation ability and financial position. The Board of Directors will evaluate dividend payments within the context of the company’s overall capital allocation strategy, considering current and forecast earnings, financial condition, cash requirements, and other factors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.12%
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Rhea-AI Summary
ARKO Corp. will report Q2 2023 results on August 7, 2023, after the U.S. markets close. A conference call to discuss the results will be held on August 8, 2023, at 10:00 a.m. ET. Investors can participate in the live call by dialing 877-605-1792 or (+1) 201-689-8728. A telephone replay will be available until August 22, 2023, by dialing 877-660-6853 or (+1) 201-612-7415 with confirmation code 13739718. A live webcast will also be available on the Company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.85%
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ARKO Corp. named to the 2023 Fortune 500 list for the second consecutive year, moving up 38 places. Recognition highlights successful growth strategy.
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Rhea-AI Sentiment
End-of-Day
0.63%
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ARKO Corp. completes acquisition of WTG Fuels Holdings, expanding store count and fleet fueling operations. ARKO expects to add value through integration capabilities and merchandizing initiatives. The acquisition enhances ARKO's footprint in key Texas and New Mexico markets and brings the fas REWARDS® loyalty program to a broader consumer base.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.63%
Tags
ARKO Corp.
Nasdaq:ARKO
ARKO Rankings
ARKO Stock Data
504.64M
50.81M
28.52%
58.71%
2.45%
New Car Dealers
Retail Trade
United States of America
RICHMOND
About ARKO
arko corp. (nasdaq: arko) owns 100% of gpm investments, llc and is one of the largest operators of convenience stores in the united states. based in richmond, va, our highly recognizable family of community brands offers delicious prepared foods, beer, snacks, candy, hot and cold beverages, and multiple popular quick serve restaurant brands. our high value fasrewards® loyalty program offers exclusive savings on merchandise and gas. to learn more about arko, visit: www.arkocorp.com. to learn more about gpm stores, visit: www.gpminvestments.com.