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August 12 , 2021 ARKO GPM A Family of Community Brands INVESTMENTS ARKO Reports Second Quarter 2021 Financial Results Net Income of $ 25.6 million Adjusted EBITDA Increases 10.5 % to $ 75.7 million Same Store Merchandise Sales Increase 2.4 % and 7.4 % on a Two - Year Stack Basis * Same Store Merchandise Sales Excluding Cigarettes Increase of 4.3 % and 10.2 % on a Two - Year Stack Basis * -- RICHMOND , Va . , Aug. 12 , 2021 ( GLOBE NEWSWIRE ) ARKO Corp. ( Nasdaq : ARKO ) ( " ARKO ” or the “ Company ” ) , a growing leader in the U.S. convenience store industry , today announced financial results for the second quarter ended June 30 , 2021 . Second Quarter 2021 Key Highlights * • Operating income of $ 45.8 million for the quarter compared to $ 47.7 million in second quarter of 2020 • Net income for the quarter of $ 25.6 million compared to $ 32.5 million for the second quarter of 2020 • Adjusted EBITDA of $ 75.7 million , or a 10.5 % increase compared to the prior year period , supported by strong results in the overall profitability of our Empire acquisition • Successfully completed 19 th acquisition of the Company's history , closing on the 60 retail convenience stores from the ExpressStop transaction during the quarter , and added 19 net new dealers during the quarter • Same store merchandise sales increase of 2.4 % compared to the prior year period , and 7.4 % on a two - year stack basis , while merchandise margin increased 140 basis points to 28.7 % from 27.3 % • Same store merchandise sales excluding cigarettes increase of 4.3 % compared to the prior year period , and 10.2 % on a two - year stack basis • Retail fuel margin cents per gallon decreased by 19 % to 34.3 cents per gallon ; same store fuel gallons sold increased by 11.9 % • Extended wholesale merchandise agreement with Core - Mark International and expanded coverage to include 1,055 locations , up from 865 previously • DoorDash delivery partnership continues its expansion , now operating in 684 , or nearly half , of all Company - operated stores " As a testament to the hard work and dedication of our team as well as our multi - faceted growth strategy , during the second quarter , we once again delivered strong financial performance , " said Arie Kotler , Chairman , President and Chief Executive Officer of ARKO .