Susser Holdings

  • Susser Holdings

    Retail fuel margins for the third quarter were 21.9 cents per gallon, versus 18.5 cents in the third quarter of 2010. For the first three quarters of 2011 retail fuel margins were 19.2 cents per gallon compared to 15.3 cents per gallon for the same period last year. Retail fuel volumes increased 7.9 percent from a year ago to 199.7 million gallons for the third quarter. That equates to 124,423 gallons per store per month on average. According to NACS, the average c-store sells 121,000 gallons of fuel per month annually. That means Susser stores sold about 2.8% more than the national monthly average.

    Sam Susser, President and CEO said “We expect to continue to benefit from our geographic market focus in Texas, which is still faring better than many other parts of the U.S. due to our relatively stable housing market, continued strong population growth and robust job growth.”

    The Company added five large format retail stores during the third quarter and closed two smaller stores, bringing the total number of retail stores in operation to 535.

    For the 2011 fiscal year guidance figure, the report shows a range of $.15 – $.18 per gallon.

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