ARKO Corp. 8K

ARKO Corp. furnished its Q2 2026 earnings release, reaffirmed full-year Adjusted EBITDA guidance, detailed ongoing dealerization and capital allocation actions, and announced that its subsidiary ARKO Petroleum Corp. agreed to acquire U.S. Petroleum Partners in an accretive, cash-and-stock transaction expected to materially expand its fuel distribution platform.

ARKO Corp. filed a Form 8-K to furnish a press release reporting its financial results for the second quarter and first half of 2026, reaffirming full-year 2026 Adjusted EBITDA guidance, and highlighting a strategic agreement by its newly public subsidiary ARKO Petroleum Corp. (Nasdaq: APC) to acquire the business of U.S. Petroleum Partners, LLC, a vertically integrated fuel supply and distribution platform in the Great Lakes region. For the quarter ended June 30, 2026, ARKO reported net income of $9.4 million (down from $20.1 million in the prior-year period, which benefited from a $20.8 million non-cash sale-leaseback gain) and Adjusted EBITDA of $72.0 million (vs. $76.9 million), with stronger merchandise and retail fuel margins offset by higher same-store operating expenses, notably credit card fees driven by higher fuel prices and the impacts of store closures and dealer conversions. The company continued executing its dealerization and transformation initiatives, including converting 21 stores to dealer locations in the quarter (471 total since 2024), investing in remodels, new-to-industry stores, fleet fueling expansion and technology, and advanced loyalty efforts via its Fueling America’s Future program. ARKO also repurchased approximately $37.9 million of its 5.125% senior notes at a discount, increased one of its PNC credit lines by $74 million after quarter end, maintained liquidity of about $1.0 billion and net debt of roughly $429 million as of June 30, 2026, and its board declared a quarterly dividend of $0.03 per share payable August 31, 2026 to stockholders of record on August 20, 2026. The pending US Petroleum Partners acquisition is expected to add about 280 million gallons of annual fuel volume (about 14% growth), over 400 dealer locations, two fuel terminals and expanded transportation capabilities, contribute roughly $30 million of annualized Adjusted EBITDA, and be accretive to earnings and cash flow, with APC paying $205 million in cash plus inventory at closing and issuing $30 million of APC Class A stock into escrow, to be released based on EBITDA-based performance targets in the first four full quarters after closing.

Filing Facts

CIK

1823794

Ticker

-

Form

8K

Source Type

sec

Accession

0001193125-26-339092

Alert Tier

7