Corporate News

Corporate news affecting the convenience store industry

The New York Association of Convenience Stores (NYACS) has elected Dick Verona and LaFayette D. Jones III to the New York Convenience Store Hall of Fame.

ALBANY, N.Y. -- The New York Association of Convenience Stores (NYACS) has elected Dick Verona and LaFayette D. Jones III to the New York Convenience Store Hall of Fame. They will be formally inducted May 17 during NYACS' May 17 Chairman's Banquet at Greystone Castle in Canastota, N.Y. The banquet...

Solid increases for merchandise, gas sales

SANFORD, N.C. -- The Pantry Inc.has announced financial results for its second fiscal quarter ended March 30, 2006. Total revenues for the quarter were approximately $1.3 billion, a 39.1% increase from last year's second quarter. Net income was $9.2 million, or 39 cents per share on a diluted basis...

Where will Kaman establish, build petroleum/c-store network? Southeast? East? Midwest?

ATLANTA -- Kaman USA Holdings Inc. said that it has hired Morgan Keegan & Co. Inc., a full-service investment banking firm that specializes in the convenience store and retail petroleum industry, to assist the company with its acquisition strategy. Kaman is looking for a platform acquisition...

SSA achieved significant same-store gas sales volume growth
Marketing results significantly lower vs. previous quarters
Murphy Oil Corp. said that net income in first-quarter 2006 was $113.9 million, comparable to net income of $113.2 million in first-quarter 2005.
Valero reports record 1Q earnings
Schlatter appointment part of global brand push
Atwell joins confectionery company
Several sellers offering more than a dozen sites in sealed-bid sale

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