- Arko Corp. press release ( NASDAQ: ARKO ): Q4 GAAP EPS of $0.09 misses by $0.01 .
- Revenue of $2.18B (+9.5% Y/Y) misses by $30M .
- Same store merchandise sales excluding cigarettes increased 4.3% for the quarter and 2.6% for the year compared to the prior year periods and increased 9.2% on a two-year stack basis for the quarter and 7.4% for the year.
- Merchandise margin increased 50 basis points to 30.5% for the fourth quarter, and 110 basis points for the full year.
- Merchandise revenue for the year was $1.65 billion, an increase of $31.2 million compared to 2021. Merchandise revenue for the fourth quarter was $403.1 million, an increase of $7 million compared to the prior year period.
- Retail fuel gross profit increased 16.3% for the fourth quarter to $104.3 million and increased 19.0% for the year to $416.2 million.
- ARKO Corp.’s Board of Directors declared a quarterly dividend of $0.03 per share of common stock.
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Arko Corp. GAAP EPS of $0.09 misses by $0.01, revenue of $2.18B misses by $30M