Dealerization BenefitsThere is a risk that ARKO's dealerization benefits may deteriorate over time.
Growth Plan ChallengesGrowth plans include a remodel pilot where ARKO has a limited track record, and it may take years before it seriously impacts ARKO.
Valuation ConcernsThere is a risk that ARKO's valuation remains subdued relative to peers if volumes, particularly retail fuel volumes and same-store merchandise sales, remain weaker than peers and industry data.