Arko Corp.
ARKOW
NASDAQ Capital Market0.00
USD
-0.01
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Arko Corp.
ARKOW
(NASDAQ Capital Market)
Recent
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0.00
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- -
div
yld
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ROIC.AI
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- Business
- Arko Corp. (Nasdaq: ARKO; ARKOW) operates as a leading independent owner and supplier of convenience stores and fuels in the United States through its wholly owned subsidiary GPM Investments, LLC; the company conducts business across four segments including retail operations that sell fuel, merchandise such as prepared foods, beer, snacks, candy, hot and cold beverages, quick-serve restaurant brands, cigarettes, tobacco products, salty snacks, grocery items, and general merchandise to consumers via over 20 regional brands like fas mart, Admiral, Apple Market, BreadBox, Corner Mart, Dixie Mart, ExpressStop, E-Z Mart, Flash Market, Handy Mart, Jetz, and Jiffi Stop; wholesale distribution of fuel to independent dealers, sub-wholesalers, and bulk purchasers on consignment or cost-plus bases; GPM Petroleum that supplies fuel to retail and wholesale sites; and fleet fueling that manages proprietary and third-party cardlock locations, proprietary fuel cards, and access to a nationwide network of fueling sites. Headquartered at 8565 Magellan Parkway, Suite 400, Richmond, Virginia since the 2003 founding of predecessor GPM Investments by Arie Kotler and partners, Arko serves retail consumers, independent dealers, fleet operators, and wholesalers across more than 30 states with over 3,500 sites including company-operated stores, dealer-converted locations, electric vehicle chargers at select sites, car washes at approximately 80 locations, and ancillary services like lottery, prepaid products, gift cards, money orders, and ATMs; the Fortune 500 company supports its offerings through the fas REWARDS loyalty program for merchandise and fuel discounts. Recent developments encompass a November 2025 non-binding memorandum of understanding with Apollo Power for potential deployment of flexible solar systems at no fewer than 300 ARKO/GPM sites valued at about $53 million to cut energy costs and boost efficiency; execution of a multiyear transformation plan with 194 retail stores converted to dealer sites through September 2025 and 282 total since mid-2024 alongside plans for further dealerization in 2026; launch of a retail store remodeling pilot with two sites reopened in summer 2025, a third targeted for Q4 2025, and four more in H1 2026; opening of two new-to-industry stores including one in Kinston, North Carolina in July 2025 with three additional slated for Q4 2025; and strengthened liquidity exceeding $2 billion for mergers, acquisitions, and growth initiatives.