ARKOW - Arko Corp. (ARKO) Q1 2024 Earnings Call Transcript
2024-05-12 08:02:07 ET
Arko Corp. ( [ARKO]
Q1 2024 Earnings Conference Call
May 7, 2024, 5:00 p.m. ET
Company Participants
Arie Kotler - Chairman, President & CEO
Rob Giammatteo - EVP & CFO
Jordan Mann - IR
Conference Call Participants
Bobby Griffin - Raymond James
Anthony Bonadio - Wells Fargo
Ben Wood - BMO Capital Markets
Karru Martinson - Jefferies
Hal Holden - Barclays
Mark Astrachan - Stifel
Presentation
Operator
Greetings. Welcome to the Arko Corp. first quarter 2024 earnings conference call. [Operator Instructions] Please note this conference is being recorded. I will now turn the conference over to Jordan Mann, Senior Vice President of Corporate Strategy, Capital Markets and Investor Relations. Thank you. You may begin.
Jordan Mann
Thank you. Good morning and welcome to Arko’s first quarter 2024 earnings conference call and webcast. On today’s call are Arie Kotler, Chairman, President, and Chief Executive Officer, and Rob Giammatteo, Executive Vice President and Chief Financial Officer. Our earnings press release and quarterly report on Form 10-Q for the first quarter of 2024, as filed with the SEC, are available on Arko’s website at www.arkocorp.com. During our call today, unless otherwise stated, management will compare results to the same period in 2023.
Before we begin, please note that all first quarter 2024 financial information is unaudited. During this call, management may make forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Please review the forward-looking and cautionary statements section at the end of our first quarter 2024 earnings release for various factors that could cause actual results to differ materially from forward-looking statements made during the call today. Any forward-looking statements made during this call reflect our current views with respect to future events, and Arko is under no obligation to update or revise forward-looking statements made on this call, whether as a result of new information, future events, or otherwise. On this call, management will share operating results on both a GAAP and on a non-GAAP basis. Descriptions of those non-GAAP financial measures that we use, such as operating income as adjusted, and adjusted EBITDA, and reconciliations for those measures to our results as reported in accordance with GAAP, are detailed in our earnings release, or in our quarterly report on Form 10-Q for the quarter ended March 31, 2024. Additionally, management will share profit measures for our individual business segments, along with fuel contribution, which is calculated as fuel revenue, less fuel costs, and exclude intercompany charges by GPMP....
Arko Corp. (ARKO) Q1 2024 Earnings Call Transcript