Convenience store operator Arko (ARKO) reported second-quarter earnings that beat revenue expectations and met profit forecasts. The company posted revenue...
) reported second-quarter earnings that beat revenue expectations and met profit forecasts . The company posted revenue of $2.39 billion, surpassing estimates of $2.36 billion. Adjusted earnings per share came in-line with the projected $0.11 per share.Kotler attributes the company's stock gains to beating adjusted EPS and guidance estimates, highlighting"the biggest headline finishing the quarter with almost $84 million in adjusted EBITDA" and calling it"a great quarter.
And, you know, I think the this is of course, the the biggest headline you know, finishing the quarter with 80 almost $84 million in adjusted DB D. Uh, and again, this is, uh, you know, this is really something, you know, great for us.Even though the pressure that we're seeing out there, uh, is tremendous, our consumers are really, really, really, uh, getting hurt.
You know, 20% of our sales come from our enrolled loyal members and those enrolled loyal members visiting our stores more often.Ari, when you talk about the fact that the consumer is under a tremendous amount of pressure right now, we've seen a lot of the larger, uh, fast food chains are turning to value meals in order to try and attract consumers in the store.I know you talked about it on your earnings call as well.
I think we are the only uh, convenience stores or, uh, a QSR retailer in America that sell a chicken sandwich for $2.99.I don't think you actually have projects like this or promotions like this. QUÉBEC — A former Coalition Avenir Québec political adviser has been charged with electoral fraud by the province's elections authority.
A Tory leadership hopeful has accused his rival of being "unwise and insensitive" after saying those who shout Allahu Akbar should be "immediately arrested". It comes as Labour's Angela Rayner accused Mr Jenrick of "stirring up" the riots. Mr Jenrick made the remarks in relation to the policing of protests against the war in Gaza, which started after Hamas attacked Israel on 7 October last year.
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