Arko Corp. today announced that its subsidiary, Arko Petroleum Corp. (“APC”), has launched a roadshow for its initial public offering (“IPO”) of its Class A common stock. APC is offering 10,500,000 shares in the IPO, and expects to grant the underwriters in the IPO a 30-day option to purchase up to an additional 1,575,000 shares at the IPO price, less underwriting discounts and commissions. The IPO price is currently expected to be between $18.00 and $20.00 per share, the retailer said.
Arko also released preliminary estimated financial results for the fourth quarter and the full year ended December 31, 2025.
Based on preliminary, unaudited financial data, full year 2025 net income is expected to be between $19.1 million and $21.3 million, and full year 2025 Adjusted EBITDA is expected to be between $246.0 million and $249.0 million, Arko said.
Fourth quarter 2025 net income is expected to be between a net loss of $1.8 million and net income of $0.4 million. Fourth quarter 2025 Adjusted EBITDA is expected to be between $63.1 million and $66.1 million.
The company said it plans to report its fourth quarter and full year 2025 financial results later this quarter, at which time the company will discuss its 2025 financial results in more detail and provide its outlook for 2026.
At the end of Q3 2025, the retailer said it “advanced its retail store remodeling pilot program, which is designed to elevate the customer experience through improved layouts and a stronger food-forward focus that emphasizes hot grab-and-go breakfast, lunch and snacking, bakery, pizza and an expanded dispensed hot, cold and frozen beverage assortment.” Two remodeled stores reopened in the summer of 2025, and at the time the company said it planned to reopen a third location during the fourth quarter of 2025, with the remaining four stores opening in the first half of 2026.
Arko said locations with fas craves menu include food options such as hot and cold grab-n-go, a roller grill, bakery and expanded dispensed beverages.