Market Capitalization (Millions $) |
485 |
Shares
Outstanding (Millions) |
116 |
Employees |
11,772 |
Revenues (TTM) (Millions $) |
8,732 |
Net Income (TTM) (Millions $) |
21 |
Cash Flow (TTM) (Millions $) |
51 |
Capital Exp. (TTM) (Millions $) |
114 |
Arko Corp
ARKO Corp. is a leading independent convenience store operator based in Richmond, VA. ARKO Corp. was the sixth largest convenience store chain in the United States, operating 1,404 retail convenience stores under more than 20 regional store brands that have been in existence for an average of approximately 50 years. They consider this group of brands "a Family of Community Brands." ARKO Corp. leverages the long-term community involvement, highly recognizable brands, and customer loyalty in their respective markets. ARKO Corp. generates significant value from the scale, corporate infrastructure, and centralized marketing programs associated with their large network, including a common loyalty program network, which is used as a platform for promotions and marketing initiatives throughout their convenience stores. Their high-value fas REWARDSe loyalty program, with approximately 1.3 million members, is available in the majority of their stores and offers exclusive savings on merchandise and gas to customers.
ARKO Corp. is also a leading wholesale distributor of motor fuel, supplying fuel to 1,674 independent dealer locations as of December 31, 2022.
ARKO Corp.'s primary business is the operation of convenience stores, deriving a significant portion of their revenue from the retail sale of fuel and the products offered in their stores. They offer a wide array of cold and hot foodservice, beverages, cigarettes, and other tobacco products, candy, salty snacks, grocery, beer, and general merchandise. Almost all stores sell fuel, and they are adding electric vehicle (eEVe) chargers to select sites. They also offer traditional convenience store services that generate additional income, including lottery, prepaid products, gift cards, money orders, ATMs, gaming, and other ancillary product and service offerings. They also generate revenues from car washes at approximately 80 of their locations.
ARKO Corp. operates their stores under more than 20 regional store brands, including 1-Stop, Admiral, Apple Markete, BreadBox, ExpressStope, E-Z Marte, fas marte, fastmarkete, Handy Mart, Jetz, Jiffi Stope, Jiffy Stop, Liel Cricket, Next Door Storee, Pride, Roadrunner Markets, Rstore, Scotchmane, shore stope, Town Star, Village Pantrye and Younges. The acquired brands have been in existence for an average of approximately 50 years. The advantages and significant benefits of their regional store branding while being part of a leading convenience store operator include centralized merchandising, marketing and procurement programs, fuel price optimization and purchasing functions, comprehensive portfolio of fuel brands with strong consumer recognition through national advertising, common loyalty program under the name fas REWARDSe, centralized environmental management and environmental practices, and common IT and point-of-sale platforms. ARKO Corp. has foodservice offerings at approximately 1,150 company-operated stores. The foodservice category varies by store and includes hot and fresh grab-n-go foods, deli, fried chicken, bakery, pizza, roller grill items, and other prepared foods. In addition, at their stores, they operate over 120 branded quick service restaurants consisting of major national brands. They have 18 new Sbarro, the Original New York Pizza, locations and are currently working on additional new food offerings of this kind. For the year ended December 31, 2022, the retail segment generated total revenues of approximately $5.6 billion, including approximately $1.7 billion of in-store sales and other revenues. In addition, the retail segment sold a total of more than 1.0 billion gallons of branded and unbranded fuel to its retail customers.
ARKO Corp.'s wholesale segment supplies fuel to independent dealers, sub-wholesalers, and bulk and spot purchasers, on either a cost plus or cons
Company Address: 8565 Magellan Parkway Richmond 23227 VA
Company Phone Number: 730-1568 Stock Exchange / Ticker: NASDAQ ARKO
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