ARKO Corp. Files Q3 2024 10-Q
Ticker: ARKO · Form: 10-Q · Filed: 2024-11-07T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, quarterly-report, convenience-stores, fuel-retail
TL;DR
ARKO Corp. 10-Q filed for Q3 2024. Financials out.
AI Summary
ARKO Corp. filed its 10-Q for the period ending September 30, 2024. The filing covers the third quarter and the first nine months of the fiscal year. Key financial data and operational details for ARKO Corp. are presented, including information related to its fuel and convenience store operations.
Why It Matters
This filing provides investors with the latest financial performance and operational updates for ARKO Corp., crucial for understanding the company's trajectory in the convenience store and fuel retail sector.
Risk Assessment
Risk Level: medium — The filing is a standard quarterly report, but the retail and fuel sectors can be subject to economic volatility and changing consumer behavior.
Key Numbers
- Q3 — Quarter (Reporting period)
- 2024 — Year (Reporting year)
Key Players & Entities
- ARKO Corp. (company) — Filer of the 10-Q
- 2024-09-30 (date) — Period of report
- 2024-11-07 (date) — Filing date
- 804-730-1568 (phone_number) — Business phone number
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is September 30, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on November 7, 2024.
What is the primary business of ARKO Corp. according to the filing?
ARKO Corp. is primarily involved in retail convenience stores, 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 31.
Does the filing mention any specific acquisitions or credit facilities?
Yes, the filing references 'Speedyq Acquisition' and 'CapitalOneCreditFacility' in relation to specific dates.
From the Filing
0000950170-24-123270.txt : 20241107 0000950170-24-123270.hdr.sgml : 20241107 20241107160532 ACCESSION NUMBER: 0000950170-24-123270 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 69 CONFORMED PERIOD OF REPORT: 20240930 FILED AS OF DATE: 20241107 DATE AS OF CHANGE: 20241107 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: 241435515 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-20240930.htm 10-Q 10-Q --12-31 0001823794 false Q3 five years 0001823794 srt:FuelMember 2024-01-01 2024-09-30 0001823794 us-gaap:NoncontrollingInterestMember 2023-01-01 2023-09-30 0001823794 us-gaap:RestrictedStockUnitsRSUMember 2024-09-30 0001823794 us-gaap:ProductAndServiceOtherMember 2023-07-01 2023-09-30 0001823794 us-gaap:RetainedEarningsMember 2023-01-01 2023-09-30 0001823794 arko:CapitalOneCreditFacilityMember arko:SpeedyqAcquisitionMember 2024-04-09 0001823794 us-gaap:ProductAndServiceOtherMember us-gaap:AllOtherSegmentsMember 2023-07-01 2023-09-30 0001823794 arko:WholesaleMember 2024-01-01 2024-09-30 0001823794 us-gaap:SeniorNotesMember 2023-12-31 0001823794 us-gaap:TreasuryStockCommonMember 2024-07-01 2024-09-30 0001823794 us-gaap:EmployeeStockOptionMember 2023-01-01 2023-09-30 0001823794 us-gaap:NoncontrollingInterestMember 2022-12-31 0001823794 srt:FuelMember us-gaap:AllOtherSegmentsMember 2024-01-01 2024-09-30 0001823794 us-gaap:IntersegmentEliminationMember us-gaap:AllOtherSegmentsMember 2023-01-01 2023-09-30 0001823794 2023-01-01 2023-09-30 0001823794 arko:GpmpMember us-gaap:OperatingSegmentsMember 2024-01-01 2024-09-30 0001823794 arko:PrivateWarrantsMember 2024-01-01 2024-09-30 0001823794 us-gaap:MeasurementInputRiskFreeInterestRateMember us-gaap:FairValueInputsLevel2Member arko:PrivateWarrantsMember 2024-09-30 0001823794 us-gaap:RestrictedStockUnitsRSUMember arko:NonEmployeeDirectorsMember 2023-12-31 0001823794 us-gaap:RetailMember srt:FuelMember 2024-01-01 2024-09-30 0001823794 arko:FleetFuelingMember 2023-07-01 2023-09-30 0001823794 arko:MerchandiseRevenueMember arko:FleetFuelingMember 2024-07-01 2024-09-30 0001823794 us-gaap:OperatingSegmentsMember 2024-07-01 2024-09-30 0001823794 srt:FuelMember us-gaap:AllOtherSegmentsMember 2023-01-01 2023-09-30 0001823794 us-gaap:RetailMember arko:MerchandiseRevenueMember 2023-01-01 2023-09-30 0001823794 srt:FuelMember arko:FleetFuelingMember 2024-07-01 2024-09-30 0001823794 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001823794 us-gaap:CommonStockMember 2023-12-31 0001823794 us-gaap:SeriesAPreferredStockMember 2024-01-01 2024-09-30 0001823794 arko:TransitEnergyGroupMember 2023-03-01 2023-03-01 0001823794 arko:SpeedyqAcquisitionMember 2024-04-09 0001823794 us-gaap:AllOtherSegmentsMember 2023-01-01 2023-09-30 0001823794 us-gaap:OperatingSegmentsMember 2023-01-01 2023-09-30 0001823794 2024-01-31 0001823794 srt:FuelMember 2024-07-01 2024-09-30 0001823794 arko:GpmpMember us-gaap:ProductAndServiceOtherMember 2023-07-01 2023-09-30 0001823794 us-gaap:TreasuryStockCommonMember 2024-06-30 0001823794 arko:FleetFuelingMember 2024-07-01 2024-09-30 0001823794 arko:EmployeesNonEmployeesAndBoardOfDirectorsMember us-gaap:GeneralAndAdministrativeExpenseMember 2023-07-01 2023-09-30 0001823794 srt:FuelMember arko:WholesaleMember 2024-07-01 2024-09-30 0001823794 arko:FuelProductsMember 2023-01-01 2023-09-30 0001823794 arko:PerformanceBasedRestrictedStockUnitsMember 2024-01-01 2024-09-30 0001823794 us-gaap:RetainedEarningsMember 2024-07-01 2024-09-30 0001823794 arko:MerchandiseRevenueMember arko:Wholesal