Convenience store operator Arko's Q3 net income rises

Reuters
2025.11.05 22:06
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Arko's Q3 net income rose to $13.5 million, while adjusted EBITDA slightly missed estimates. The company converted 65 retail stores to dealer sites as part of its transformation plan, and merchandise margin increased to 33.7%. For Q4 2025, Arko expects adjusted EBITDA between $50 million and $60 million, updating full-year guidance to $233 million-$243 million. The challenging macroeconomic environment impacted customer transactions and fuel demand. Analysts maintain a "buy" rating, with a median 12-month price target of $8.00, reflecting a potential 44.8% upside from its recent trading price of $4.42.