ARKO Q1 net loss narrows to $0.6M; adjusted EBITDA falls to $36.6M

ARKO Corp.

2024-Q1 EPS reported -$0.02 revenue$2,072,454,000

Net loss of $0.6M vs $2.5M loss a year ago; no EPS provided.
Adjusted EBITDA $36.6M, down 23% from $47.5M driven by lower fuel contribution and loss of VA gaming income.
Merchandise revenue rose 3.6% to $414.7M; merchandise contribution up 9.7% to $134.9M (margin 32.5%).
Retail fuel contribution up 5.5% to $92.9M; retail same-store fuel gallons fell 6.7%.
Board expanded stock repurchase program from $100M to $125M.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ARKO Corp. reported the first quarter ended March 31, 2024 results: net income $0.6 million.

Period: the first quarter ended March 31, 2024
Net income: $0.6 million
Result: reported results

Exact text from the filing

ARKO Corp. (Nasdaq: ARKO) (“ARKO” or the “Company”), a Fortune 500 company and one of the largest convenience store operators in the United States, today announced financial results for the first quarter ended March 31, 2024. First Quarter 2024 Key Highlights (vs. Year-Ago Quarter) 1,2 • Net loss for the quarter was $0.6 million compared to $2.5 million.

View on SEC.gov

708 earnings releases filed in the last 30 days. Browse all earnings releases →

ARKO Corp. filing history →

Source: SEC EDGAR

accession 0000950170-24-054446

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.