Susser Holdings Corp. and Susser Petroleum Partners LP today provided partial operating results for the first quarter of 2013.
Susser Holdings expects to report:
• Same-store merchandise sales growth of approximately 4.2%.
• Retail average per-store fuel volume growth of approximately 4.1%.
New Locations Update
Susser Holdings opened four new Stripes convenience stores during the first quarter and closed one store that is being rebuilt with the company’s larger footprint. The company operated 562 Stripes stores as of the end of March, 355 of which included an in-store restaurant offering.
Five new dealer sites were added in the wholesale segment, and five sites were discontinued in the first quarter for a total of 579 contract branded sites as of March 31, consisting of 92 consignment locations and 487 other independent branded dealer contracts.
Earnings Conference Call
Susser Holdings and Susser Petroleum Partners will release their first quarter financial and operating results before the market opens on Wednesday, May 8. In conjunction with these news releases, management will hold a combined conference call the same day at 11 a.m. Eastern Time (10 a.m. Central Time) to discuss both companies’ results. The call will be broadcast live over the Internet. Investors may participate either by phone or audio webcast.
By Phone: Dial 480-629-9771 at least 10 minutes before the call.