Arko Corp. Company profile
About Arko Corp.
Arko Corp. operates through its subsidiary, GPM Investments, LLC (GPM). GPM is a convenience store operator in the United States. The Company operates through three segments: retail, wholesale and GPMP. The retail segment includes the operation of a chain of retail stores, which includes convenience stores selling fuel products and other merchandise to retail customers. The wholesale segment supplies fuel to independent dealers, sub-wholesalers and bulk purchasers, on either a cost plus or consignment basis. The GPMP segment includes GPM Petroleum LP (GPMP) and primarily includes the sale and supply of fuel to several independent outside operators and bulk purchasers. Its retail stores offer a range of cold and hot foodservice, beverages, cigarettes and other tobacco products, candy, salty snacks, grocery, beer and general merchandise. It also operates approximately 80 branded quick service restaurants.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Arko Corp. revenues increased 85% to $7.42B. Net income applicable to common stockholders increased from $10.4M to $53.5M. Revenues reflect Wholesale segment increase from $517.5M to $2.68B, Retail segment increase of 36% to $4.73B, GPMP segment increase of 42% to $6.8M. Net income benefited from GPMP segment income increase of 95% to $91.6M, Retail segment income increase of 20% to $240.2M.
Latest shares articles
![](https://img.capital.com/imgs/articles/384x2000x0/1350x880_-HP-_Newsquawk-light_1.png)
![Lloyds share price forecast: An attractive dividend stock?](https://img.capital.com/imgs/articles/384x2000x0/Hero-image-bank_1.png)
![Exterior of Infosys headquarters](https://img.capital.com/imgs/articles/384x2000x0/shutterstock_2035197281_0_0.jpg)
![Tesla logo atop of a Tesla Dealership illuminated at night.](https://img.capital.com/imgs/articles/384x2000x0/shutterstock_1494516293_0.jpg)