earnings
confidence high
sentiment negative
materiality 0.75
ARKO Q4 net loss $2.3M; FY net income falls 40% to $20.8M
ARKO Corp.
2024-FY EPS reported
$0.13
revenue$8,731,962,000
- Net loss Q4 $2.3M vs net income $1.1M; FY net income $20.8M vs $34.6M.
- Adjusted EBITDA Q4 $56.8M vs $61.8M; FY $248.9M vs $276.3M.
- Merchandise margin rate improved to 33.0% (Q4) and 32.8% (FY).
- Retail fuel margin Q4 38.7 cpg vs 39.2 cpg; FY 39.6 cpg vs 38.8 cpg.
- Converted 153 retail stores to dealer sites in 2024; expects ~100 more by Q1 2025. Annualized benefit from 2024 conversions ~$8.5M; at scale >$20M.