ARKO Corp ( (ARKO) ) has shared an update.
ARKO Corp reported a net loss of $2.3 million for the fourth quarter of 2024, compared to a net income of $1.1 million in the same period the previous year. The company is undergoing a transformation plan, converting retail stores to dealer sites, and expects this to yield significant operating income benefits. Despite challenges, ARKO is focusing on operational efficiencies and strategic investments in high-growth areas to drive sustainable long-term growth.
More about ARKO Corp
ARKO Corp is a Fortune 500 company and one of the largest convenience store operators in the United States.
YTD Price Performance: 11.54%
Average Trading Volume: 386,944
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $827.8M
Find detailed analytics on ARKO stock on TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com