Yesway had the strongest quarter in the company’s history, President and CEO Thomas Trkla said Thursday on the convenience-store chain’s second-quarter 2026 earnings call.
Its net income increased to $29.7 million from $24.2 million in the prior-year period, and adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) increased 35% year-over-year to $70.9 million.
“Our second quarter was a milestone in our company’s history, reflecting broad-based execution across both our fuel and inside merchandise businesses,” Trkla said. “We set new records across several key measures, including fuel gallons sold, fuel gross profit, inside merchandise sales, inside merchandise gross profit and store contribution.”
- Yesway is No. 19 on CSP’s 2026 Top 202 ranking of U.S. c-store chains by store count.
The extra cash will increase Yesway’s financial flexibility to fund its organic growth initiatives and to pursue acquisitions “as compelling opportunities arise,” Trkla said.
As of June 30, the company operated 450 stores under the Yesway and Allsup’s brands. That count includes 29 stores in Iowa and Kansas that Yesway expects to complete the sale of by the end of the year.
Yesway opened one new store in the last quarter, and two so far this year. In its Thursday earnings call, Trkla said Yesway is on track to open six to eight new stores in 2026. The company previously announced plans to open 130 stores over five years.
“Our growth strategy remains disciplined and focused on three priorities: developing new stores, increasing the productivity of our existing store base and pursuing selective, value-accretive acquisitions,” Trkla said on the call.
Its new-build expansion strategy is concentrated in Arizona, Oklahoma, New Mexico and Texas, with Arizona being a “key near-term development priority,” he said.
When it comes to increasing the productivity of existing stores, Yesway will focus on expanding fuel capabilities and strengthening its merchandise and foodservice offerings, Trkla said.
As for acquisition opportunities, Trkla said: “We continue to evaluate acquisition opportunities that increase our density in existing markets or extend our brand portfolio in other strategically attractive markets.”
Yesway increased its outlook for full-year 2026 adjusted EBITDA to $235 million to $245 million. Previously, it was $210 million to $220 million.
The Fort Worth, Texas-based company on April 22 became a Nasdaq-listed company under the ticker symbol YSWY.
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