Arko Corp. (NASDAQ:ARKO) Q2 2023 Earnings Conference Call August 8, 2023 10:00 AM ET

Corporate Participants

Ross Parman - VP, IR and Government Affairs

Arie Kotler - Chairman, President and Chief Executive Officer

Don Bassell - Chief Financial Officer

Conference Call Participants

Karru Martinson - Jefferies

Ben Wood - BMO Capital Markets

Bobby Griffin - Raymond James

Anthony Bonadio - Wells Fargo

Mark Astrachan - Stifel

Alex Arnold - Odeon Capital

Operator

Greetings, and welcome to Arko Corp's Second Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions]. As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Ross Parman. Thank you. You may begin.

Ross Parman

Thank you. Good morning, and welcome to Arko's Second Quarter 2023 Earnings Conference Call and Webcast. On today's call are Arie Kotler, Chairman, President and Chief Executive Officer, and Don Bassell, Chief Financial Officer.

Our earnings press release, quarterly report on Form 10-Q for the second quarter of 2023 as filed with the SEC and our earnings presentation are available on Arko's website, at arkocorp.com.

Before we begin, please note that all second quarter 2023 financial information is unaudited and during the course of this call management may make forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of words such as will, may, expect, plan, intend, could, estimate, project and similar references to future periods. These statements speak only as of today and are based on management's current expectations and beliefs and involve risks and uncertainties that could cause actual results to differ materially from those described in these forward-looking statements.

Please refer to our press release, our quarterly report on Form 10-Q for the quarter ended June 30, 2023, and our other filings with the SEC, including our annual report on Form 10-K, for a detailed discussion of the risks that could cause actual results to differ materially from those expressed or implied in any forward-looking statements made today.

Please note that on today's call management will refer to non-GAAP financial measures, including same-store measures, EBITDA and adjusted EBITDA. While the company believes these non-GAAP financial measures provide useful information for investors, the presentation of this information is not intended to be considered in isolation or as a substitute for our financial information presented in accordance with GAAP. Please refer to our earnings press release for reconciliations of our non-GAAP measures to the most directly comparable GAAP measures.