Arko Corp. (ARKO) is an independent convenience store operator whose segments include retail, wholesale and GPM petroleum. CEO, Arie Kotler joins to Nicole Petallides to discuss how ARKO has entered into an agreement to acquire retail, wholesale, and fleet fueling assets of WTG Fuels. He talks about how this is ARKO's fourth acquisition this year along with Quarles, Pride, TEG, and WTG. He then goes over why convenience stores are recession resilient. He notes that ARKO started with 300 stores and now has over 3,000. Tune in to find out more about the stock market today.
09 Dec 2022