ARKO Corp. Files Q2 2024 10-Q
Ticker: ARKO · Form: 10-Q · Filed: 2024-08-06T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, retail, convenience-stores
TL;DR
ARKO's Q2 10-Q is in: financials and segment performance for Fuel, Fleet Fueling, and Wholesale detailed.
AI Summary
ARKO Corp. filed its 10-Q for the period ending June 30, 2024. The filing details financial performance and operational segments, including Fuel, Fleet Fueling, and Wholesale. Key financial data and segment information are presented for the periods ending June 30, 2024, and June 30, 2023.
Why It Matters
This filing provides investors with a detailed look at ARKO Corp.'s financial health and operational performance for the second quarter of 2024, impacting investment decisions.
Risk Assessment
Risk Level: medium — The filing contains standard financial disclosures for a public company, but the complexity of its segments and potential market fluctuations introduce moderate risk.
Key Numbers
- 2024-06-30 — Period End Date (Latest reporting period)
- 2023-06-30 — Prior Period End Date (Comparison period)
Key Players & Entities
- ARKO Corp. (company) — Filer of the 10-Q
- 0000950170-24-091732 (other) — Accession Number for the filing
- 20240630 (date) — Conformed period of report
- 804-730-1568 (other) — Business phone number
- ARKO:FleetFuelingMember (other) — Segment identifier
- SRT:FuelMember (other) — Segment identifier
- ARKO:WholesaleMember (other) — Segment identifier
FAQ
What is the primary business of ARKO Corp. as indicated by its SIC code?
ARKO Corp.'s Standard Industrial Classification (SIC) code is 5412, which corresponds to Retail-Convenience Stores.
What is the filing date of this 10-Q report?
This 10-Q report was filed on August 6, 2024.
What are the main operating segments mentioned in the filing?
The filing mentions segments such as ARKO:FleetFuelingMember, SRT:FuelMember, and ARKO:WholesaleMember.
What is the fiscal year end for ARKO Corp.?
ARKO Corp.'s fiscal year ends on December 31.
What is the company's state of incorporation?
ARKO Corp. is incorporated in Delaware (DE).
From the Filing
0000950170-24-091732.txt : 20240806 0000950170-24-091732.hdr.sgml : 20240806 20240806160129 ACCESSION NUMBER: 0000950170-24-091732 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 70 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240806 DATE AS OF CHANGE: 20240806 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: 241178974 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-20240630.htm 10-Q 10-Q --12-31 Q2 false 0001823794 five years 0001823794 arko:FleetFuelingMember 2024-04-01 2024-06-30 0001823794 srt:FuelMember arko:WholesaleMember 2023-04-01 2023-06-30 0001823794 arko:NonEmployeeDirectorsMember us-gaap:RestrictedStockUnitsRSUMember 2023-12-31 0001823794 arko:RestrictedStockUnitsAndPerformanceStockUnitsMember 2024-01-01 2024-06-30 0001823794 arko:SeriesARedeemableTemporaryEquityMember 2024-06-30 0001823794 us-gaap:ParentMember 2023-12-31 0001823794 srt:FuelMember arko:FleetFuelingMember 2023-01-01 2023-06-30 0001823794 us-gaap:TreasuryStockCommonMember 2024-06-30 0001823794 us-gaap:ProductAndServiceOtherMember 2023-01-01 2023-06-30 0001823794 arko:GpmpMember us-gaap:IntersegmentEliminationMember 2023-01-01 2023-06-30 0001823794 us-gaap:RealEstateLoanMember arko:GpmMember arko:AgreementWithMTBankMember 2024-06-30 0001823794 us-gaap:ProductAndServiceOtherMember arko:WholesaleMember 2024-04-01 2024-06-30 0001823794 arko:WtgFuelsHoldingsMember 2024-06-30 0001823794 us-gaap:SeriesAPreferredStockMember 2024-06-30 0001823794 arko:GpmpMember us-gaap:OperatingSegmentsMember 2023-04-01 2023-06-30 0001823794 2023-06-30 0001823794 us-gaap:IntersegmentEliminationMember arko:FleetFuelingMember 2023-01-01 2023-06-30 0001823794 arko:MerchandiseRevenueMember 2024-04-01 2024-06-30 0001823794 2023-01-01 2023-12-31 0001823794 arko:AgreementWithMTBankMember 2024-01-31 0001823794 us-gaap:IntersegmentEliminationMember us-gaap:AllOtherSegmentsMember 2024-01-01 2024-06-30 0001823794 2023-03-31 0001823794 us-gaap:RetailMember us-gaap:OperatingSegmentsMember 2023-01-01 2023-06-30 0001823794 arko:FuelProductsMember 2024-01-01 2024-06-30 0001823794 arko:GpmpMember us-gaap:ProductAndServiceOtherMember 2023-01-01 2023-06-30 0001823794 arko:MerchandiseProductsMember 2024-01-01 2024-06-30 0001823794 arko:TransitEnergyGroupMember 2024-06-30 0001823794 us-gaap:SeniorNotesMember 2023-12-31 0001823794 us-gaap:CommonStockMember 2024-01-01 2024-06-30 0001823794 arko:SpeedyqAcquisitionMember 2024-04-09 0001823794 arko:SeriesARedeemableTemporaryEquityMember 2023-12-31 0001823794 us-gaap:NoncontrollingInterestMember 2023-06-30 0001823794 us-gaap:NoncontrollingInterestMember 2023-12-31 0001823794 us-gaap:MeasurementInputPriceVolatilityMember us-gaap:FairValueInputsLevel2Member arko:PrivateWarrantsMember 2024-06-30 0001823794 arko:GpmpMember us-gaap:IntersegmentEliminationMember 2024-01-01 2024-06-30 0001823794 us-gaap:IntersegmentEliminationMember us-gaap:AllOtherSegmentsMember 2024-04-01 2024-06-30 0001823794 arko:CapitalOneCreditFacilityMember arko:SpeedyqAcquisitionMember 2024-04-09 0001823794 us-gaap:RetainedEarningsMember 2023-06-30 0001823794 us-gaap:EmployeeStockOptionMember 2023-01-01 2023-06-30 0001823794 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001823794 us-gaap:RetainedEarningsMember 2023-03-31 0001823794 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001823794 us-gaap:FairValueInputsLevel3Member arko:AdditionalDeferredStockMember us-gaap:MeasurementInputExpectedTermMember 2024-06-30 0001823794 2024-05-31 0001823794 us-gaap:Prod