earnings
confidence high
sentiment neutral
materiality 0.65
ARKO Q2 net income $14.1M, Adj EBITDA $83.8M beats $70-77M guidance; merchandise margin up 90bps
ARKO Corp.
2024-Q2 EPS reported
$0.09
revenue$4,460,617,000
- Net income $14.1M vs $14.5M YoY; Adjusted EBITDA $83.8M above guidance $70-77M.
- Merchandise revenue $474.2M (-2.1%); margin 32.8% (+90bp); contribution $155.8M (+0.7%).
- Retail fuel contribution $118.0M (+1.2%); margin 41.6cpg vs 39.7cpg; same-store gallons -6.6%.
- Transformation pilot for 7 stores focused on food/in-store experience; rollout expected Q4 2024.