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Private Honors

19 c-store retailers make Forbes privately held list

WEST DES MOINES, Iowa -- Nineteen convenience store companies cracked Forbes list of America's largest privately held companies, beginning with Flying J at No. 30.

Each year Forbes magazine researches and analyzes companies for its Largest Privately Held Companies feature. Companies were ranked according to 2004 revenue figures. Companies considered for the list had to record at least $1 billion in 2004 revenues and be privately held. The article appears in the November 2005 issue of Forbes magazine.

Those on the list [image-nocss] include:

Flying J (No. 30), Ogden, Utah

QuikTrip (No. 32), Tulsa, Okla.

Gulf Oil (No. 37), Chelsea, Mass.

Sinclair Oil (No. 47), Salt Lake City

RaceTrac (No. 65), Smyrna, Ga.

Colonial Group (No. 52), Savannah, Ga.

Wawa (No. 75), Wawa, Pa.

Cumberland Farms (No. 78), Canton, Mass.

Sheetz (No. 87), Altoona, Pa.

TravelCenters of America (No. 94), Westlake, Ohio

Red Apple Group (No. 114), New York

Love's Travel Stops (No. 125), Oklahoma City

Truman Arnold Cos. (No. 182), Texarkana, Texas

Warren Equities (No. 228), Providence, R.I.

SSP Partners (No. 231), Corpus Christi, Texas

Holiday Cos. (No. 242), Bloomington, Minn.

Kum & Go (No. 277), West Des Moines, Iowa

U.S. Oil Co. (No. 311), Combined Locks, Wis.

Petro Stopping Centers (No. 314), El Paso, Texas

The Forbes article reports that 339 companies named to this list account for more than one trillion dollar's worth of goods and services and employ 4 million people.

Each year Forbes magazine researches and analyzes companies for its Largest Privately Held Companies feature. Companies were ranked according to 2004 revenue figures. Companies considered for the list had to record at least $1 billion in 2004 revenues and be privately held. The article appears in the November 2005 issue of Forbes magazine.

For the 46-year-old Kum & Go convenience store chain, this was a first appearance on the list with sales of $1.15 billion. We're pleased to be a part of such a prestigious list, said Kum & Go CEO, Kyle Krause. As we continue to chart our progress toward our strategic growth goal, we will look forward to moving up toward the top half of the list.

Kum & Go has 430 stores in 13 states.

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