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ARKO Corp (ARKO)
NASDAQ:ARKO
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Earnings Data
Report Date
Mar 04, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
<$0.01Last Year’s EPS
$0Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: -0.56%
|Next Earnings Date:Mar 04, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted several initiatives such as foodservice growth, a successful loyalty program, and a strategic dealerization initiative which are expected to yield benefits. However, the call also addressed challenges including declines in adjusted EBITDA, retail segment income, and merchandise sales, reflecting broader economic pressures. The company's cautious optimism for the future and ongoing strategic transformations suggest potential for recovery.Company Guidance
During the ARKO Corp. Q3 2024 earnings call, management provided guidance for the upcoming quarter and full year, highlighting several key metrics and strategies. The company reported adjusted EBITDA of $78.8 million for Q3 2024, down from $87.3 million in the prior year, primarily due to reduced retail fuel and merchandise contribution. They expect Q4 adjusted EBITDA to range from $53 million to $63 million, with full-year 2024 adjusted EBITDA projected between $245 million and $255 million. ARKO's guidance incorporates assumptions of low to mid-single-digit declines in same-store sales and retail gallon demand, with a retail fuel margin of $0.38 to $0.42 per gallon. The company emphasized their strategic focus on optimizing retail stores by converting 150 locations to dealer sites by year-end, which is expected to enhance wholesale and retail segment operating income by approximately $8.5 million annually. Furthermore, ARKO is investing in organic growth through new-to-industry stores and expanded foodservice offerings, anticipating these initiatives to support long-term growth and profitability.Positive Foodservice Growth
Same-store hotdog sales up more than 30% and non-franchise pizza sales increased approximately 11.5% in Q3.
Successful Loyalty Program
Enrolled loyalty members spend an average of $110 per month, 80% more than non-enrolled customers.
Dealerization Initiative
Converted 51 retail stores to dealer sites, expecting an annualized benefit of $8.5 million from 150 stores by the end of Q4.
NTI Pipeline Expansion
Expanded NTI pipeline with 8 new stores, one already opened showing strong Foodservice sales penetration.
G&A Expense Reduction
Total company general and administrative expense for the quarter was $38.6 million, down from $44.1 million in the year-ago period.
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ARKO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ARKO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $6.81 | $6.58 | -3.38% |
| Aug 06, 2024 | $6.04 | $6.50 | +7.62% |
| May 07, 2024 | $4.22 | $4.97 | +17.77% |
| Feb 27, 2024 | $7.84 | $6.58 | -16.07% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does ARKO Corp (ARKO) report earnings?
ARKO Corp (ARKO) is schdueled to report earning on Mar 04, 2025, TBA Not Confirmed.
What is ARKO Corp (ARKO) earnings time?
ARKO Corp (ARKO) earnings time is at Mar 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ARKO EPS forecast?
ARKO EPS forecast for the fiscal quarter 2024 (Q4) is <$0.01.
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