The earnings call highlights a resilient performance with strong merchandise growth and an effective capital allocation strategy, despite challenges in fuel volumes and a low price environment. The company's focus on new store growth and strategic promotions supports a positive outlook.
Company Guidance
During the Murphy USA Third Quarter 2025 Earnings Conference Call, the company provided several key guidance metrics. Murphy USA updated its full-year guidance for merchandise contribution to the upper end of the range, between $870 million and $875 million, due to strong nicotine category performance and center store growth. Operating expenses are expected to finish below the low end of the guidance at $36,200 to $36,600 per store month, down from the original $36,500 to $37,000 range, reflecting efficiency initiatives. SG&A expenses are projected to be between $230 million and $240 million, exclusive of restructuring charges. Fuel volume guidance was adjusted to 235,000 to 237,000 gallons per store per month. The company has also authorized a new $2 billion share repurchase program, complementing their ongoing capital allocation strategy and a 19% increase in the quarterly dividend. Murphy USA emphasized its commitment to resilience and momentum, highlighting ongoing initiatives and the expectation of 45 new store openings in 2025, with over 50 planned for 2026, further supporting sustained growth.
Strong Merchandise Performance
Merchandise contribution dollars were up $24.4 million or 11.2% in Q3, with nicotine categories up over 20% driven by strong promotional activity.
Resilient Fuel Margins
Despite challenging conditions, all-in fuel margins were $0.307, showing resilience and structural uplift compared to historical troughs.
Capital Allocation Strategy
The Board authorized a new $2 billion share repurchase program and announced a 19% increase in the quarterly dividend, emphasizing a 50-50 capital allocation strategy.
New Store Growth and Development
Projected to open over 45 new stores in 2025 with a strong pipeline supporting 50-plus stores in 2026.
Murphy USA (MUSA) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MUSA Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 29, 2025
$391.58
$362.83
-7.34%
Jul 30, 2025
$406.75
$361.34
-11.16%
May 07, 2025
$504.09
$442.17
-12.28%
Feb 05, 2025
$513.20
$496.82
-3.19%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Murphy USA Inc (MUSA) report earnings?
Murphy USA Inc (MUSA) is schdueled to report earning on Feb 04, 2026, After Close (Confirmed).
What is Murphy USA Inc (MUSA) earnings time?
Murphy USA Inc (MUSA) earnings time is at Feb 04, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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