| Schedule of Reportable Segments |
The following table reflects activity related to our reportable segments (in thousands):
|
|
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|
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|
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|
|
|
Wholesale |
|
|
Retail |
|
|
Unallocated |
|
|
Consolidated |
|
Three Months Ended June 30, 2026 |
|
|
|
|
|
|
|
|
|
|
|
|
Revenues from fuel sales to external customers |
|
$ |
527,990 |
|
|
$ |
524,475 |
|
|
$ |
— |
|
|
$ |
1,052,465 |
|
Revenues from food and merchandise sales |
|
|
— |
|
|
|
105,287 |
|
|
|
— |
|
|
|
105,287 |
|
Rent income |
|
|
10,634 |
|
|
|
4,032 |
|
|
|
— |
|
|
|
14,666 |
|
Other revenue |
|
|
1,149 |
|
|
|
5,450 |
|
|
|
— |
|
|
|
6,599 |
|
Total revenues |
|
|
539,773 |
|
|
|
639,244 |
|
|
|
— |
|
|
|
1,179,017 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of goods sold - fuel |
|
|
510,189 |
|
|
|
478,014 |
|
|
|
— |
|
|
|
988,203 |
|
Cost of goods sold - food and merchandise |
|
|
— |
|
|
|
74,261 |
|
|
|
— |
|
|
|
74,261 |
|
Cost of goods sold - Rent expense |
|
|
2,487 |
|
|
|
1,279 |
|
|
|
— |
|
|
|
3,766 |
|
Gross profit |
|
|
27,097 |
|
|
|
85,690 |
|
|
|
— |
|
|
|
112,787 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Store labor |
|
|
— |
|
|
|
21,563 |
|
|
|
— |
|
|
|
21,563 |
|
Maintenance and environmental costs |
|
|
1,417 |
|
|
|
7,014 |
|
|
|
— |
|
|
|
8,431 |
|
Other items (a) |
|
|
4,913 |
|
|
|
20,118 |
|
|
|
22,490 |
|
|
|
47,521 |
|
Operating income (loss) |
|
$ |
20,767 |
|
|
$ |
36,995 |
|
|
$ |
(22,490 |
) |
|
$ |
35,272 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended June 30, 2025 |
|
|
|
|
|
|
|
|
|
|
|
|
Revenues from fuel sales to external customers |
|
$ |
399,598 |
|
|
$ |
432,813 |
|
|
$ |
— |
|
|
$ |
832,411 |
|
Revenues from food and merchandise sales |
|
|
— |
|
|
|
108,059 |
|
|
|
— |
|
|
|
108,059 |
|
Rent income |
|
|
11,851 |
|
|
|
3,608 |
|
|
|
— |
|
|
|
15,459 |
|
Other revenue |
|
|
1,388 |
|
|
|
4,608 |
|
|
|
— |
|
|
|
5,996 |
|
Total revenues |
|
|
412,837 |
|
|
|
549,088 |
|
|
|
— |
|
|
|
961,925 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of goods sold - fuel |
|
|
384,433 |
|
|
|
394,024 |
|
|
|
— |
|
|
|
778,457 |
|
Cost of goods sold - food and merchandise |
|
|
— |
|
|
|
77,553 |
|
|
|
— |
|
|
|
77,553 |
|
Cost of goods sold - Rent expense |
|
|
3,539 |
|
|
|
1,384 |
|
|
|
— |
|
|
|
4,923 |
|
Gross profit |
|
|
24,865 |
|
|
|
76,127 |
|
|
|
— |
|
|
|
100,992 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Store labor |
|
|
— |
|
|
|
23,468 |
|
|
|
— |
|
|
|
23,468 |
|
Maintenance and environmental costs |
|
|
1,425 |
|
|
|
7,048 |
|
|
|
— |
|
|
|
8,473 |
|
Other items (a) |
|
|
5,696 |
|
|
|
20,312 |
|
|
|
1,546 |
|
|
|
27,554 |
|
Operating income (loss) |
|
$ |
17,744 |
|
|
$ |
25,299 |
|
|
$ |
(1,546 |
) |
|
$ |
41,497 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended June 30, 2026 |
|
|
|
|
|
|
|
|
|
|
|
|
Revenues from fuel sales to external customers |
|
$ |
885,602 |
|
|
$ |
897,553 |
|
|
$ |
— |
|
|
$ |
1,783,155 |
|
Revenues from food and merchandise sales |
|
|
— |
|
|
|
195,952 |
|
|
|
— |
|
|
|
195,952 |
|
Rent income |
|
|
21,173 |
|
|
|
8,053 |
|
|
|
— |
|
|
|
29,226 |
|
Other revenue |
|
|
2,255 |
|
|
|
10,259 |
|
|
|
— |
|
|
|
12,514 |
|
Total revenues |
|
|
909,030 |
|
|
|
1,111,817 |
|
|
|
— |
|
|
|
2,020,847 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of goods sold - fuel |
|
|
853,348 |
|
|
|
811,232 |
|
|
|
— |
|
|
|
1,664,580 |
|
Cost of goods sold - food and merchandise |
|
|
— |
|
|
|
137,974 |
|
|
|
— |
|
|
|
137,974 |
|
Cost of goods sold - Rent expense |
|
|
5,265 |
|
|
|
2,618 |
|
|
|
— |
|
|
|
7,883 |
|
Gross profit |
|
|
50,417 |
|
|
|
159,993 |
|
|
|
— |
|
|
|
210,410 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Store labor |
|
|
— |
|
|
|
42,891 |
|
|
|
— |
|
|
|
42,891 |
|
Maintenance and environmental costs |
|
|
2,645 |
|
|
|
14,640 |
|
|
|
— |
|
|
|
17,285 |
|
Other items (a) |
|
|
10,122 |
|
|
|
41,163 |
|
|
|
39,927 |
|
|
|
91,212 |
|
Operating income (loss) |
|
$ |
37,650 |
|
|
$ |
61,299 |
|
|
$ |
(39,927 |
) |
|
$ |
59,022 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Wholesale |
|
|
Retail |
|
|
Unallocated |
|
|
Consolidated |
|
Six Months Ended June 30, 2025 |
|
|
|
|
|
|
|
|
|
|
|
|
Revenues from fuel sales to external customers |
|
$ |
765,359 |
|
|
$ |
817,334 |
|
|
$ |
— |
|
|
$ |
1,582,693 |
|
Revenues from food and merchandise sales |
|
|
— |
|
|
|
197,400 |
|
|
|
— |
|
|
|
197,400 |
|
Rent income |
|
|
25,135 |
|
|
|
7,526 |
|
|
|
— |
|
|
|
32,661 |
|
Other revenue |
|
|
2,583 |
|
|
|
9,063 |
|
|
|
— |
|
|
|
11,646 |
|
Total revenues |
|
|
793,077 |
|
|
|
1,031,323 |
|
|
|
— |
|
|
|
1,824,400 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of goods sold - fuel |
|
|
734,431 |
|
|
|
747,364 |
|
|
|
— |
|
|
|
1,481,795 |
|
Cost of goods sold - food and merchandise |
|
|
— |
|
|
|
141,981 |
|
|
|
— |
|
|
|
141,981 |
|
Cost of goods sold - Rent expense |
|
|
7,127 |
|
|
|
2,691 |
|
|
|
— |
|
|
|
9,818 |
|
Gross profit |
|
|
51,519 |
|
|
|
139,287 |
|
|
|
— |
|
|
|
190,806 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Store labor |
|
|
— |
|
|
|
46,034 |
|
|
|
— |
|
|
|
46,034 |
|
Maintenance and environmental costs |
|
|
2,894 |
|
|
|
15,119 |
|
|
|
— |
|
|
|
18,013 |
|
Other items (a) |
|
|
11,397 |
|
|
|
41,379 |
|
|
|
30,485 |
|
|
|
83,261 |
|
Operating income (loss) |
|
$ |
37,228 |
|
|
$ |
36,755 |
|
|
$ |
(30,485 |
) |
|
$ |
43,498 |
|
|