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.