Rochester, NY 9/1/2009 8:07:02 AM
TravelCenters of America LLC, TA, Down by 1.84% in Afternoon Trading
TravelCenters of America LLC
Susser Holding Corp., operator of 515 Stripes and Town & Country Food Stores, saw same-store merchandise sales rise 4.6 percent for its second quarter, ended June 28. Susser's 2008 total $199.9 million merchandise sales from all convenience stores, up 6.4 percent from the second quarter. Retail merchandise gross margin was 33.3 percent in the latest quarter, down from 34.3 percent a year ago.
President and Ceo Sam L. Susser states We're pleased with the performance of our merchandise segment, which increased 4.6 percent on a same-store sales basis, despite the impact of the recession in recent months."
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Last Trade: 3.52
Day's Range: 3.40 - 3.67
52wk Range: 0.96 - 3.84
Change: Down 0.07 (1.84%)
Volume: 218,155
Avg Vol (3m): 105,780
ABOUT TravelCenters of America LLC
TravelCenters of America LLC, together with its subsidiaries, operates and franchises travel centers primarily along the United States interstate highway system. It offers diesel fuel and gasoline; operates full service restaurants under Iron Skillet, Country Pride, Buckhorn Family Restaurants, and Fork in the Road brands; and operates quick serve restaurants under Arby's, Burger King, Pizza Hut, Popeye's Chicken & Biscuits, Starbuck's Coffee, Subway, and Taco Bell brands. The company also operates truck repair and maintenance shops, which offer maintenance and emergency repair, and road services, ranging from basic services, such as oil changes and tire repair to specialty services, including diagnostics and repair of air conditioning, air brakes, and electrical systems; and travel and convenience stores that provide packaged food and snack items, beverages, non-prescription drug and beauty supplies, batteries, automobile accessories, and music and video products, as well as laundry supplies, clothing, and truck accessories. In addition, it provides truck drivers with access to business services, including an information center where drivers can send and receive faxes, overnight mail, and other communications; and a banking desk where drivers can cash checks and receive funds transfers from fleet operators, as well as offers wi-fi Internet access, a video game room, a laundry area, private showers, a theater or television room, and casino gaming.
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