Financial Data and Key Metrics Changes - Adjusted EBITDA for Q3 2023 was $91.2 million, down from $99.5 million in Q3 2022, primarily due to lower fuel contribution at same stores [7][28] - Net income for the quarter was $21.5 million, compared to $25 million in the prior year quarter [28] - Cash and cash equivalents as of September 30, 2023, were approximately $204 million, with outstanding debt of approximately $828 million [23][24] Business Line Data and Key Metrics Changes - Merchandise revenue increased to $506.4 million in Q3 2023 from $445.8 million in the prior year quarter [24] - Same store merchandise sales, excluding cigarettes, grew approximately 1% compared to Q3 2022, with total same store merchandise sales increasing by 0.1% [7][8] - Merchandise contribution increased by $21.8 million or 15.7% over the prior year period, primarily due to recent acquisitions and stable organic performance [9][24] Market Data and Key Metrics Changes - Fuel gallon demand decreased nationally by 5.3% in same store sales, while total retail gallons increased by 14.8% due to recent acquisitions [18] - Retail fuel contribution increased to $121.3 million, a 3.2% increase compared to the prior year [24] - The company maintained a retail fuel margin of $0.403 per gallon, only $0.045 lower than the prior year quarter [19][24] Company Strategy and Development Direction - The company is focused on executing organic and inorganic strategies to enhance sales and profitability, including improving current store performance and expanding through acquisitions [30] - Investments in the fas REWARDS loyalty program are expected to drive customer engagement and increase sales, with a target of 3 million enrolled members by the end of 2024 [12][49] - The company continues to integrate recent acquisitions, enhancing its footprint and earning base [20][21] Management Comments on Operating Environment and Future Outlook - Management noted that the current macroeconomic environment has led to lower fuel demand, impacting same store gallon sales [18][44] - The company remains optimistic about its ability to maintain strong margins despite industry challenges, citing structural advantages over smaller operators [19][70] - Management emphasized the importance of providing value to customers to drive traffic and sales, particularly in the context of inflationary pressures [61][72] Other Important Information - The company repurchased approximately 1.5 million shares for about $11.6 million at an average price of $7.53, with a remaining $37.5 million under its stock repurchase program [29] - A quarterly dividend of $0.03 per share was declared, to be paid on December 1, 2023 [29] Q&A Session Summary Question: Are newly acquired stores performing better in terms of gallons per store compared to legacy stores? - Management indicated that performance varies by location and market, with no significant divergence between newly acquired and legacy stores [33][36] Question: How is the decrease in fuel demand affecting store traffic and merchandise sales? - Management believes that offering more inside the stores is driving traffic, and that the relationship between fuel sales and store traffic has changed post-COVID [38] Question: What is the expected impact of the $12 million delay from the credit card processor? - Management confirmed that the delay was a timing issue and the amount was received in early October [40] Question: Can you discuss the impact of the fas REWARDS program on sales? - Management noted that the program has significantly increased loyalty membership and sales, with a long-term investment strategy in place [48][49] Question: What are the trends in core destination categories? - Management reported strong growth in categories such as candy, beer, and salty snacks, driven by loyalty program engagement [60][64] Question: What is the outlook for fuel margins and inflationary pressures on merchandising? - Management expressed confidence in maintaining strong fuel margins and emphasized the importance of providing value to customers amidst inflation [70][72]

2 0 2 3 T h i r d Q u a r t e r E a r n i n g s N O V E M B E R 6 , 2 0 2 3 A Leading Retail Convenience Store Operator A Fortune 500® Company Safe Harbor Statement F ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 001-39828 ARKO Corp. (Exact Name of Registrant as Specified in Its Charter) Delaware 85-2784337 (State or Other Jurisdiction ...

Financial Data and Key Metrics Changes - Adjusted EBITDA for Q2 2023 was $86.2 million, up 9.1% from $79 million in Q2 2022 [7][30] - Merchandise revenue increased to $484.6 million from $431.8 million in the prior year quarter [27] - Net income for Q2 2023 was $14.5 million, down from $31.8 million in the prior year period, primarily due to increased depreciation and amortization expenses [30] Business Line Data and Key Metrics Changes - Merchandise gross profit dollars grew to $135.6 million, a 5% increase on a same-store basis compared to Q2 2022 [8] - Same-store merchandise sales excluding cigarettes grew 3.8%, while same-store sales increased by 0.7% compared to Q2 2022 [9] - Retail fuel contribution increased to $156 million from $130.8 million in the prior year quarter, despite a 5.1% decline in same-store retail fuel gross profit [19][27] Market Data and Key Metrics Changes - Total fuel contribution increased by $25.2 million year-over-year, but same-store retail fuel gross profit was down due to a 2.6% decline in gallons sold [19][20] - The average retail cent per gallon on a same-store basis was $0.403, down from $0.414 in the prior year period [20][27] Company Strategy and Development Direction - The company focuses on improving retail store performance through customer service, marketing, and merchandising strategies, alongside executing accretive M&A transactions [7] - The three strategic pillars include growing sales in core destination categories, enhancing the fas REWARDS loyalty program, and expanding food and beverage services [12][14][16] - The company aims to decrease exposure to cigarettes, with core destination categories increasing from 38.4% to 44.6% of total merchandise sales since Q2 2020 [11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's strategy and performance, anticipating continued strong results in 2023 [31] - The company acknowledged challenges such as wage inflation, with average hourly wages increasing by approximately 10% [28][45] - Management does not expect retail fuel margins to be as high as the previous year due to exceptional conditions in Q3 2022 [38][20] Other Important Information - The company has access to over $2 billion in available funding for continued M&A activity [23][51] - A quarterly dividend of $0.03 per share was declared, to be paid on September 1, 2023 [31] Q&A Session Summary Question: How much of the same-store sales increase was due to pricing versus traffic? - Management indicated that sales increases were a mix of inflation and unit declines, with some categories showing growth [32][33] Question: What is the opportunity to add branded food franchise offerings? - Management noted ongoing transformation of delis and a robust pipeline for new food offerings, with significant sales increases in food categories [34][36] Question: Any considerations for the strong performance in Q3 last year? - Management highlighted that Q3 2022 had exceptional fuel margins, which are not expected to repeat [38] Question: Changes to previously disclosed EBITDA run rate targets and synergy capture? - Management confirmed that while some synergies have been realized, there is still more to achieve from recent acquisitions [40][42] Question: How does the average hourly wage compare to peers? - Management stated that they are competitive in wages, with a focus on quality of life for employees [44][45] Question: What is a healthy same-store operating expense growth rate for the industry? - Management indicated that they are targeting lower growth rates in operating expenses moving forward [46][48] Question: Current status of M&A activity and integration? - Management confirmed that they will continue to pursue M&A opportunities and have the capacity to integrate new acquisitions [50][51] Question: Insights on merchandise margin expansion contributors? - Management attributed margin expansion to the right assortment and increased sales in core categories [59][60] Question: Current deal flow and valuations in the M&A market? - Management noted a robust pipeline for acquisitions and does not see a slowdown in the marketplace [62][63]

c UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 001-39828 ARKO Corp. (Exact Name of Registrant as Specified in Its Charter) Delaware 85-2784337 (State or Other Jurisdiction of ...

Financial Data and Key Metrics Changes - First quarter same-store merchandise sales, excluding cigarettes, grew by 7.6% and same-store sales increased by 3.8% [8] - Adjusted EBITDA for the quarter was $47.5 million, a decline of 5.2% compared to $50.1 million in the prior year quarter [8][22] - Total fuel contribution increased to $123.8 million compared to $112.9 million in the prior year quarter, an increase of $10.9 million [8] - Net loss for the quarter was $2.5 million compared to net income of $2.3 million in the prior year period [22] Business Line Data and Key Metrics Changes - Merchandise revenue for the first quarter of 2023 increased to $400.4 million from $367 million in the prior year quarter [20] - Merchandise margin increased by 120 basis points to 30.7% [20] - Total capital expenditures were approximately $23.4 million for the quarter, compared to $20.7 million in Q1 2022 [20] - Retail fuel profitability, excluding intercompany charges, declined by 1.9% to $88.1 million [20] Market Data and Key Metrics Changes - Same-store sales in core destination categories grew by approximately 10% in Q1 2023 over Q1 2022 [10] - Packaged beverages sales increased by 9.6%, candy was up 18.3%, and beer increased by 6.2% [8] - Same-store franchise sales across all brands increased by 24.5% in the first quarter compared to the prior year [14] Company Strategy and Development Direction - The company has more than $2 billion in available capital for continued M&A activity, including cash, lines of credit, and an extended Oak Street Program Agreement [7] - The focus remains on enhancing value through acquisitions and improving store performance by refining product assortment and marketing initiatives [11][18] - The company aims to become a destination for packaged, prepared, and fresh food, with ongoing efforts to expand food offerings [14] Management's Comments on Operating Environment and Future Outlook - Management believes 2023 will be another year of strong performance and growth, despite challenges in fuel margins [24] - The company anticipates that historical seasonal performance will continue to be a factor in evaluating future performance [18] - Management expressed confidence in the resilience of the business, noting that it remained stable during past economic downturns [73] Other Important Information - The company repurchased approximately 89,000 shares of common stock for a total of approximately $700,000 [23] - A quarterly dividend of $0.03 per share was declared to be paid on June 1, 2023 [23] Q&A Session Summary Question: Inquiry about the Oak Street facility and its terms - Management indicated that specific terms of the agreement are not disclosed as they are competitive in nature [26][27] Question: Discussion on fuel business balance between gross profit and volume - Management noted that while they aim for gross profit dollars, they remain competitive in pricing to drive volume [28][30] Question: Contribution from recent acquisitions on EBITDA - Management stated that while specific contributions were not broken out, acquisitions helped offset losses in fuel margins [32][33] Question: Clarification on same-store sales breakdown - Management explained that the increase in same-store sales was driven by unit increases rather than solely inflation [40][41] Question: Discussion on operating expenses growth - Management acknowledged that operating expenses increased due to acquisitions and filling previously open positions, but they expect to achieve synergies moving forward [47][49] Question: Philosophy on acquisition sizes and share repurchase balance - Management confirmed that they will continue to pursue acquisitions of various sizes while also considering share repurchases due to attractive stock valuation [54][56] Question: Insights on quarter performance relative to expectations - Management indicated that the quarter met expectations, with no significant surprises, although they did not anticipate the fuel margin fluctuations [58][59] Question: Clarification on merchandise comps and recession resilience - Management emphasized that the growth in merchandise sales was not solely due to inflation but also due to strategic initiatives and the essential nature of their products [71][73]

c UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission file number 001-39828 ARKO Corp. (Exact Name of Registrant as Specified in Its Charter) Delaware 85-2784337 (State or Other Jurisdiction of I ...

Arko Corp. (NASDAQ:ARKO) Q4 2022 Earnings Conference Call February 28, 2023 10:00 AM ET Company Participants Ross Parman - VP, IR and Government Affairs Arie Kotler - Chairman, President & CEO Donald Bassell - CFO Conference Call Participants Alok Patel - Stifel Karru Martinson - Jefferies William Reuter - Bank of America Anthony Bonadio - Wells Fargo Securities Operator Greetings, and welcome to the Arko Corp. Fourth Quarter and Fiscal Year 2022 Earnings Conference Call. At this time all participants are i ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission file number 001-39828 ARKO Corp. (Exact Name of Registrant as Specified in Its Charter) ______________________________________________ Delaware 85-27 ...

Arko Corp. (NASDAQ:ARKO) Q3 2022 Earnings Conference Call November 8, 2022 10:00 AM ET Company Participants Ross Parman - VP, IR and Government Affairs Arie Kotler - Chairman, President & CEO Donald Bassell - CFO Conference Call Participants Bobby Griffin - Raymond James Anthony Bonadio - Wells Fargo Securities Mark Astrachan - Stifel Nicolaus & Company Operator Greetings, and welcome to the Arko Third Quarter 2022 Financial Results Call. At this time all participants are in listen only mode. A question an ...