secwatch.observer — SEC 8-K summary
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Issuer:     ARKO Corp. (ARKO)
CIK:        0001823794
Form:       8-K
Filed at:   2023-05-08T23:59:59+00:00
Accession:  0000950170-23-018853
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ARKO reports Q1 net loss $2.5M; same-store merchandise sales +3.8%
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- Operating income $9.0M vs $19.3M prior year; net loss $2.5M vs net income $2.3M prior year.
- Same-store merchandise sales +3.8% (+7.6% ex-cigarettes); merchandise margin 30.7% (+120bps).
- Adjusted EBITDA $47.5M, down $2.6M vs prior year.
- Closed TEG acquisition (135 c-stores, 192 dealer sites) on March 1; WTG acquisition expected Q2 2023.
- Declared $0.03 quarterly dividend, payable June 1 to holders of record May 19.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823794/000095017023018853/0000950170-23-018853-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823794/000095017023018853/arko-20230508.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-018853

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