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 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.
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