SEC 8-K filings with transcript text
Aug 13, 2026
2 tm2622997d1_ex99-1.htm
Exhibit 99.1
Yesway, Inc. Reports Second Quarter 2026 Financial Results
Achieved record Store Contribution, driven by increases in fuel margin and inside merchandise margin from same-store sales and increases in fuel gallons and inside merchandise sales from new stores
Delivered same-store inside merchandise
sales growth in 18 of the past 19 quarters and generated positive same-store fuel gallons growth in the second quarter of 2026
Increased full year 2026 Adjusted EBITDA outlook, reflecting strong second quarter performance
FORT WORTH, TX – August 13, 2026 – Yesway, Inc. (“Yesway” or the “Company”) (Nasdaq: YSWY), one of the fastest-growing convenience store operators in the United States, today announced financial results for the second quarter ended June 30, 2026.
Second Quarter 2026 Highlights
·Net income increased to $29.7 million from $24.2 million in the prior-year period, and Adjusted EBITDA increased 35.0% year-over-year to $70.9 million.
·Same-store inside merchandise sales increased 1.2% year-over-year. Excluding the 29 stores in our Iowa and Kansas portfolio, the sale of which is expected to close by year-end, same-store inside merchandise sales increased 1.5%. Total inside merchandise sales increased 4.4% year-over-year, with a total inside merchandise margin of 35.7%.
·Same-store fuel gallons sold increased 1.4% year-over-year. Excluding the 29 stores in our Iowa and Kansas portfolio, same-store fuel gallons sold increased 1.8%. Total fuel gallons sold increased 6.9% year-over-year, with a total fuel margin of 52.6 cents per gallon.
·Income from operations increased to $47.7 million from $36.7 million in the prior-year period, and Store Contribution increased 29.5% year-over-year to $87.7 million.
“Our second quarter was a milestone in our company’s history, reflecting broad-based execution across both our fuel and inside merchandise businesses,” said Thomas N. Trkla, Chairman, President and Chief Executive Officer of Yesway. “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. This operating momentum drove Adjusted EBITDA growth of 35% year-over-year in the second quarter.”
Mr. Trkla continued, “These results underscore the strength and breadth of our platform, the advantages of our differentiated market positioning, the resilience of our business model amid continued inflationary pressures and volatile fuel markets, and the disciplined execution of our team. Looking ahead, our strong operating performance and significant cash generation are increasing our financial flexibility to fund our organic growth initiatives and pursue acquisitions as compelling opportunities arise.”
1
Second Quarter Results 1,2
Same-Store Comparison
Total inside merchandise and fuel gross profit increased 14.0% year-over-year on a same-store basis, reflecting growth in both fuel and inside merchandise categories.
Fuel gallons sold increased 1.4% year-over-year on a same-store basis, and same-store fuel gross profit increased 29.0% year-over-year.
Inside merchandise sales increased 1.2% year-over-year on a same-store basis, and same-store inside merchandise gross profit increased 2.5% year-over-year.
Three months ended June 30, Six months ended June 30,
Same-Store Comparison by Category
2026 2025 2026 2025
Fuel gallons 1.4% (1.7)% 0.7% (1.5)%
Fuel sales less cost of goods sold (exclusive of depreciation and amortization) (1) 29.0% 0.3% 32.6% 0.0%
Inside merchandise sales 1.2% 1.6% 2.6% 1.1%
Inside merchandise sales less cost of goods sold (exclusive of depreciation and amortization) (2) 2.5% 6.6% 5.8% 5.9%
Total inside merchandise and fuel sales less cost of goods sold (exclusive of depreciation and amortization) 14.0% 3.8% 17.2% 3.4%
1Fuel sales less cost of goods sold (exclusive of depreciation and amortization) for the Iowa and Kansas stores were $1.2 million and $2.3 million in the three and six months ended June 30, 2026, and $1.1 million and $2.0 million in the three and six months ended June 30, 2025, respectively.
2Inside merchandise sales less cost of goods sold for the Iowa and Kansas stores were $1.9 million and $3.4 million in the three and six months ended June 30, 2026, respectively, and $2.0 million and $3.6 million in the three and six months ended June 30, 2025, respectively.
Fuel
Fuel sales increased 52.7% year-over-year to $673.1 million, and fuel gross profit increased 36.2% year-over-year to $84.0 million, with fuel margin increasing 27.4% year-over-year to 52.6 cents per gallon.
Three months ended June 30, Six months ended June 30,
Fuel ($ in thousands) 2026 2025 2026 2025
Fuel gallons sold (in thousands) 159,546 149,230 304,621 283,611
Same-store gallons sold
1.4% (1.7)% 0.7% (1.5)%
Fuel sales less cost of goods sold (exclusive of depreciation and amortization) $83,986 $61,675 $155,594 $109
Jun 2, 2026
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