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. reported strong third-quarter results with merchandise revenue of $434.7 million and a net income of $35.6 million, marking a 107.4% increase year-over-year. Adjusted EBITDA rose 39.9% to $80.2 million. Same-store merchandise sales excluding cigarettes increased 1.8% and 8.7% on a two-year stack. The company signed 70 dealer supply agreements in the quarter and completed the acquisition of 36 convenience stores in North Carolina. Liquidity stands at $551 million, with $689.6 million in outstanding debt.
ARKO Corp. (Nasdaq: ARKO) has successfully closed the acquisition of the Handy Mart chain, adding 36 convenience stores with gas in North Carolina and a development parcel. This move complements GPM Investments' existing network, bringing its total locations to approximately 3,100. With Handy Mart's strong regional brand, ARKO aims to enhance its presence in the Carolinas. The acquisition marks ARKO's 20th since 2013, showcasing its aggressive growth strategy in the convenience store sector.
ARKO Corp. (Nasdaq: ARKO) announced it will report its Q3 2021 results on November 10, 2021, before market open. The company will hold a conference call at 10:00 a.m. ET to discuss these results. Interested investors can participate by calling 877-605-1792 or 201-689-8728. A replay will be available until November 24, 2021. ARKO owns GPM Investments, the 6th largest convenience store chain in the U.S., with approximately 3,000 locations across 33 states and D.C. The company operates in retail, wholesale, and GPM Petroleum segments.
ARKO Corp. (Nasdaq: ARKO) announced the pricing of a private offering for $450 million in 5.125% Senior Unsecured Notes due 2029. The funds will be utilized to fully repay its credit facility with Ares Capital, other existing senior secured debts, and for general corporate purposes. The closing of this offering is expected around October 21, 2021. The Notes are being offered only to qualified institutional buyers and certain non-U.S. entities. This offering is not registered under the Securities Act and does not constitute an offer to sell or solicit any securities.
ARKO Corp. (Nasdaq: ARKO) has initiated a private offering of $450 million in Senior Unsecured Notes due 2029. The funds will primarily be used to repay the outstanding balance under its credit facility with Ares Capital Corporation and other senior secured debts. The notes will not be registered under the Securities Act and are offered only to qualified institutional buyers. ARKO operates the GPM convenience store chain, which has expanded to about 3,000 locations across 33 states.
GPM Investments, a subsidiary of ARKO Corp., has announced its inaugural Open Buying Day in collaboration with RangeMe, inviting emerging suppliers to showcase products for approximately 1,400 company-operated stores. Suppliers can apply until September 5, 2021, and those selected will present virtually on October 26-27, 2021. This initiative aims to enhance product offerings and sales potential while building supplier relationships to capture innovative products.
ARKO Corp. (Nasdaq: ARKO) announced its Q2 2021 financial results, reporting a net income of $25.6 million and adjusted EBITDA of $75.7 million, a 10.5% increase year-over-year. Operating income decreased to $45.8 million from $47.7 million in Q2 2020. Same-store merchandise sales rose by 2.4%, with a 4.3% increase excluding cigarettes. The fuel margin decreased by 19% to 34.3 cents per gallon. The company successfully completed its 19th acquisition, adding 60 convenience stores from ExpressStop, and expanded wholesale agreements significantly.
ARKO Corp. has completed the remodel of its second convenience store in Mechanicsville, VA as part of its plan to upgrade 360 stores by 2025, investing approximately $360 million. This store features enhanced customer experiences with new designs and products, including a deli, expanded beverage options, and improved loyalty programs. A grand opening celebration will run from July 30 to August 13, offering promotions and a sweepstakes. ARKO aims to unify store designs while maintaining local brand recognition.
ARKO Corp. (Nasdaq: ARKO) will announce its second-quarter results for the period ending June 30, 2021, on August 12, 2021, prior to U.S. market opening. A conference call for investors is scheduled at 10:00 a.m. ET on the same day. Participants can join via telephone or through a live webcast, which will also be archived for 30 days. ARKO operates GPM Investments, the 6th largest convenience store chain in the U.S., with approximately 3,000 locations across 33 states and D.C. The company comprises three segments: retail, wholesale, and GPM Petroleum.
ARKO Corp. (Nasdaq: ARKO) announced its inclusion in the Russell 2000 Index, effective June 28, 2021, reflecting its growth in the U.S. convenience store market. This recognition comes following the annual reconstitution of the Russell indexes, which ranks the largest U.S. stocks by market capitalization. ARKO's CEO, Arie Kotler, emphasized this milestone as a testament to the company’s aggressive growth strategy through regional brand acquisitions, aiming to provide long-term value to stakeholders. The Russell indexes are widely utilized for investment benchmarks, encompassing $10.6 trillion in assets.
