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.
ARKO Corp (NASDAQ: ARKO), a Fortune 500 leader in U.S. convenience retail and fuel distribution, maintains this dedicated news hub for stakeholders seeking authoritative updates. Our curated collection features official press releases and market-moving developments across ARKO’s retail stores, wholesale operations, and innovative fas REWARDS® loyalty program.
Investors and industry observers will find timely updates on earnings announcements, strategic acquisitions, fuel margin trends, and store network expansions. The archive includes operational milestones across ARKO’s four business segments—retail convenience, wholesale distribution, GPM Petroleum management, and fleet fueling solutions.
Key coverage areas include leadership updates, partnership announcements, food service innovations, and sustainability initiatives. All content is sourced directly from corporate communications to ensure accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined access to ARKO’s latest business developments. Check regularly for updates on store openings, fuel distribution partnerships, and consumer engagement strategies that drive this multi-segment operator’s growth.
ARKO Corp (Nasdaq: ARKO) has launched 'Fueling America's Future' campaign, offering unprecedented fuel discounts through its fas REWARDS® loyalty program. Members can save up to $2 off per gallon or $40 per fill-up at any ARKO location nationwide by stacking rewards earned through qualifying purchases.
The program, available across ARKO's 1,350+ branded retail stores, including fas mart®, E-Z mart®, Scotchman®, and others, aims to address rising gas prices and support working Americans. The fas REWARDS® program currently has 2.3 million enrolled members who can accumulate cents-off fuel rewards in their 'virtual wallet' through qualifying purchases.
GPM Investments has launched its annual MDA Holiday Retail Campaign across approximately 1,500 locations in 27 states, running from December 1 through December 31, 2024. The campaign supports the Muscular Dystrophy Association's mission to help families affected by muscular dystrophy, ALS, and related neuromuscular diseases. Customers can participate by purchasing $1 or $5 pinups or rounding up their purchases. This marks over 13 years of GPM Investments' support for MDA's initiatives in research advancement, care improvement, and family advocacy.
ARKO Corp. reported Q3 2024 financial results with net income of $9.7 million, down from $21.5 million year-over-year. Adjusted EBITDA was $78.8 million compared to $87.3 million in Q3 2023. The company achieved a retail fuel margin of 41.3 cents per gallon and merchandise margin of 32.8%. As part of its transformation plan, ARKO converted 51 retail stores to dealer sites and plans to convert approximately 100 more by Q4 2024. The company expects these conversions to generate an annualized benefit of $8.5 million to Operating Income. ARKO declared a quarterly dividend of $0.03 per share and provided Q4 2024 Adjusted EBITDA guidance of $53-63 million.
ARKO Corp. (Nasdaq: ARKO), a Fortune 500 convenience store operator, announced it will release its third quarter 2024 financial results on November 7, 2024. The company will host a conference call at 5:00 p.m. Eastern time, featuring a management presentation followed by a Q&A session. A webcast replay will be available until December 6, 2024. Participants are advised to register 15 minutes before the start time.
ARKO Corp. (Nasdaq: ARKO), a Fortune 500 company and one of the largest convenience store operators in the U.S., has opened a new Handy Mart store in Newport, North Carolina. The 5,600-square-foot store, located at 2934 Highway 24, offers a wide range of food and beverage options, including fresh coffee, Frazil frozen drinks, and grab-and-go items. The store features special deals for fas REWARDS® loyalty members, such as $4.99 pizza, 2 for $3.33 Nathan's hot dogs, and $2.99 Tyson chicken sandwiches.
The new location includes a walk-in beer cave and fueling options for cars and trucks. A grand opening event is scheduled from September 16th to 29th, featuring activities, giveaways, and special offers like buy one get one free case water, $3.99 value pizza, and 50¢ medium coffee or fountain drinks.
ARKO Corp. (Nasdaq: ARKO) reported its Q2 2024 financial results. Key highlights include:
- Net income of $14.1 million, down from $14.5 million year-over-year
- Adjusted EBITDA of $83.8 million, exceeding guidance of $70-77 million
- Merchandise revenue decreased 2.1% to $474.2 million
- Merchandise margin expanded 90 basis points to 32.8%
- Retail fuel contribution increased 1.2% to $118.0 million
- Retail fuel margin increased to 41.6 cents per gallon
ARKO is developing a multi-year transformation plan, including targeted capital allocation, improved customer experience, and conversion of retail stores to dealer sites. The company declared a quarterly dividend of $0.03 per share.
ARKO Corp. (Nasdaq: ARKO), a Fortune 500 company and major U.S. convenience store operator, has announced its upcoming second quarter 2024 financial results conference call. The event is scheduled for Tuesday, August 6, 2024, at 5:00 p.m. Eastern time. ARKO's management team will host the call, which will include a Q&A session. Financial results for the quarter ending June 30, 2024, will be released prior to the call.
Interested parties can join via phone or webcast. A replay will be available for approximately one month after the call. Participants are encouraged to register at least 15 minutes before the start time.
ARKO Corp. (Nasdaq: ARKO) has been named to the Fortune 500 list for the third consecutive year, ranking No. 453 in 2024, an advancement of 7 places from 2023 and 45 places since its debut in 2022. This recognition celebrates ARKO's strategic growth and operational excellence in the convenience store and fuel wholesaling sectors. The company has grown from 300 stores in 2003 to nearly 3,700 locations today, including 1,550 company-operated stores, over 1,800 independent dealer sites, and around 300 unmanned fleet fueling locations. In 2023, ARKO acquired approximately 160 convenience stores, expanding into Alabama and Mississippi.
ARKO Corp. subsidiary, GPM Investments, announced that Nathan's Famous 100% beef hot dogs are now available at over 450 locations. This move is part of the company's aim to enhance the food program by offering high-quality and well-known products to its customers. The hot dogs are priced at $1.99 each or two for $3.33 for fas REWARDS members. The addition of Nathan's Famous hot dogs aligns with ARKO's commitment to providing delicious and convenient food options at competitive prices.
ARKO Corp. reported its first quarter 2024 financial results, including a net loss reduction, adjusted EBITDA decrease, merchandise revenue growth, merchandise margin expansion, and retail fuel contribution increase. The company is focusing on organic growth with a multi-year transformation plan and share repurchase program expansion. Key highlights include merchandise and fuel contribution increases, operating expense growth, liquidity and capital expenditure details, dividend and share repurchase program updates, and segment-specific information. The company expects second quarter 2024 adjusted EBITDA of $70-$77 million and maintains full-year adjusted EBITDA guidance of $250-$290 million.