ARKO Corp. Files Q1 2024 10-Q
Ticker: ARKO · Form: 10-Q · Filed: 2024-05-07T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, quarterly-report, retail, convenience-stores
TL;DR
ARKO Corp. Q1 2024 10-Q filed. Financials look steady.
AI Summary
ARKO Corp. filed its 10-Q for the period ending March 31, 2024. The filing details financial performance and operational updates for the first quarter of 2024. Key financial data and segment information are presented, reflecting the company's ongoing business activities in the retail convenience store sector.
Why It Matters
This filing provides investors with the latest financial snapshot of ARKO Corp., crucial for understanding the company's performance and making informed investment decisions.
Risk Assessment
Risk Level: low — This is a routine quarterly filing providing standard financial disclosures.
Key Numbers
- 2024-03-31 — Reporting Period End Date (Indicates the end of the financial quarter being reported.)
- 2024-05-07 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
Key Players & Entities
- ARKO Corp. (company) — Filer of the 10-Q
- 20240331 (date) — End of the reporting period
- 20240507 (date) — Filing date
- 804-730-1568 (phone_number) — ARKO Corp. business phone
FAQ
What is the primary business of ARKO Corp. according to the filing?
ARKO Corp. is primarily involved in the RETAIL-CONVENIENCE STORES sector, as indicated by its Standard Industrial Classification code [5412].
What is the fiscal year end for ARKO Corp.?
ARKO Corp.'s fiscal year ends on December 31st.
What is the SEC file number for ARKO Corp.?
The SEC file number for ARKO Corp. is 001-39828.
What is the business address of ARKO Corp.?
The business address for ARKO Corp. is 8565 MAGELLAN PKWY, SUITE 400, RICHMOND, VA 23227.
Which segments are mentioned in the financial data for the period ending March 31, 2024?
The filing mentions segments such as 'Retail', 'FleetFueling', 'Gpm', and 'AllOtherSegments' for the period ending March 31, 2024.
From the Filing
0000950170-24-054447.txt : 20240507 0000950170-24-054447.hdr.sgml : 20240507 20240507160142 ACCESSION NUMBER: 0000950170-24-054447 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 67 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240507 DATE AS OF CHANGE: 20240507 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ARKO Corp. CENTRAL INDEX KEY: 0001823794 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-CONVENIENCE STORES [5412] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 852784337 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-39828 FILM NUMBER: 24921652 BUSINESS ADDRESS: STREET 1: 8565 MAGELLAN PKWY STREET 2: SUITE 400 CITY: RICHMOND STATE: VA ZIP: 23227 BUSINESS PHONE: 804-730-1568 MAIL ADDRESS: STREET 1: 8565 MAGELLAN PKWY STREET 2: SUITE 400 CITY: RICHMOND STATE: VA ZIP: 23227 10-Q 1 arko-20240331.htm 10-Q 10-Q 0001823794 false --12-31 Q1 P5Y 0001823794 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001823794 arko:PrivateWarrantsMember 2024-01-01 2024-03-31 0001823794 arko:SeriesARedeemableTemporaryEquityMember 2024-03-31 0001823794 us-gaap:AllOtherSegmentsMember us-gaap:IntersegmentEliminationMember 2024-01-01 2024-03-31 0001823794 arko:GpmMember arko:AgreementWithMTBankMember us-gaap:RealEstateLoanMember 2024-03-31 0001823794 us-gaap:MeasurementInputSharePriceMember us-gaap:FairValueInputsLevel3Member arko:AdditionalDeferredStockMember 2024-01-01 2024-03-31 0001823794 us-gaap:TreasuryStockCommonMember 2022-12-31 0001823794 us-gaap:MeasurementInputExpectedDividendRateMember 2024-03-31 0001823794 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-03-31 0001823794 us-gaap:TreasuryStockCommonMember 2023-01-01 2023-03-31 0001823794 arko:GpmpMember 2023-01-01 2023-03-31 0001823794 us-gaap:RetailMember 2024-01-01 2024-03-31 0001823794 us-gaap:IntersegmentEliminationMember arko:FleetFuelingMember 2024-01-01 2024-03-31 0001823794 us-gaap:OperatingSegmentsMember arko:GpmpMember 2023-01-01 2023-03-31 0001823794 arko:OakStreetMember arko:ThirdPartyMember us-gaap:SubsequentEventMember 2024-04-09 0001823794 arko:RestrictedStockUnitsRsusAndPerformanceSharesMember 2023-01-01 2023-03-31 0001823794 us-gaap:OperatingSegmentsMember arko:WholesaleMember 2023-01-01 2023-03-31 0001823794 arko:FuelProductsMember 2024-01-01 2024-03-31 0001823794 arko:PublicWarrantsMember 2024-03-31 0001823794 arko:WholesaleMember 2024-01-01 2024-03-31 0001823794 arko:MerchandiseProductsMember 2024-01-01 2024-03-31 0001823794 arko:TransitEnergyGroupPurchaseAgreementAmendmentMember 2024-03-26 0001823794 us-gaap:ProductAndServiceOtherMember arko:FleetFuelingMember 2024-01-01 2024-03-31 0001823794 us-gaap:ProductAndServiceOtherMember 2024-01-01 2024-03-31 0001823794 arko:WholesaleMember us-gaap:IntersegmentEliminationMember 2023-01-01 2023-03-31 0001823794 us-gaap:OperatingSegmentsMember arko:FleetFuelingMember 2023-01-01 2023-03-31 0001823794 us-gaap:RedeemablePreferredStockMember 2024-01-01 2024-03-31 0001823794 arko:SeriesARedeemableTemporaryEquityMember 2023-12-31 0001823794 arko:NonEmployeeDirectorsMember us-gaap:RestrictedStockUnitsRSUMember 2024-01-01 2024-03-31 0001823794 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001823794 us-gaap:RetailMember arko:MerchandiseRevenueMember 2024-01-01 2024-03-31 0001823794 us-gaap:TreasuryStockCommonMember 2024-01-01 2024-03-31 0001823794 us-gaap:OperatingSegmentsMember 2023-01-01 2023-03-31 0001823794 us-gaap:NoncontrollingInterestMember 2024-01-01 2024-03-31 0001823794 us-gaap:TreasuryStockCommonMember 2023-03-31 0001823794 srt:FuelMember arko:FleetFuelingMember 2024-01-01 2024-03-31 0001823794 us-gaap:ProductAndServiceOtherMember arko:GpmpMember 2023-01-01 2023-03-31 0001823794 2023-05-31 0001823794 us-gaap:RetainedEarningsMember 2024-03-31 0001823794 arko:MerchandiseRevenueMember arko:GpmpMember 2024-01-01 2024-03-31 0001823794 arko:PrivateWarrantsMember 2023-01-01 2023-03-31 0001823794 arko:PublicAndPrivateWarrant