- 31 Jul
Valero reports Retail Fuel Margins
Valero retail fuel margins and volumes generate record high operating income.
In today’s Q2 business update, Valero announced the Corner Stores retail division contributed record high quarterly operating income, thanks to the combination of their robust retail fuel margins and retail fuel volumes. The US Corner Stores retail division had quarterly retail fuel margins of $0.303 up from $0.204 for the same period last year. Retail fuel gallons per store per day were 5,162 which was up from 5,094 the previous year.
For the first six months of the year, Valero Corner Stores retail fuel margins in the US stand at $0.178 which is up from $0.142 year over year.
The Valero earnings report for this quarter may be found here.
The PriceAdvantage team is proud to have Valero as a partner that selected PriceAdvantage as its fuel price optimization software, and we are happy to share in the great success of the Corner Stores retail group.