Yesway Q1 Same-Store Sales Up 4.5%
Reports Q1 same-store inside merchandise sales up 4.5% vs. the prior-year period and total inside merchandise sales increased 9.5% year-over-year, with a total inside margin of 36.1%. "We are pleased to report record Q1 results following the successful completion of our public offering," said CEO Thomas Trkla. "Our strong performance reflects the continued execution of our growth strategy and the strength of our differentiated convenience and foodservice platform. During the quarter, we delivered meaningful year-over-year growth across our foodservice, merchandise, and fuel businesses, with fuel sales and margins increasing as we benefited from disciplined operations, strong customer demand, and the continued maturation of our store base. Our momentum has carried into Q2, and we remain confident in the resilience of our business model and the significant opportunity ahead...With our resilient business model and thoughtful capital allocation strategy, we believe Yesway is well-positioned to continue delivering profitable growth and create long-term value for our shareholders. We are grateful for the dedication of our team members and excited about the significant opportunities ahead as we continue to scale our platform and serve the communities in which we operate."
