Susser Holdings Corp (SUSS) Posts Q1 Loss of 9c/Share

Susser Holdings Corp (NYSE: SUSS) reported Q1 EPS of ($0.09), $0.11 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $1.7 billion versus the consensus estimate of $1.57 billion.

Adjusted EBITDA(1) totaled $29.0 million, down 8.8 percent from 2013, reflecting the impact of lower retail fuel margins. Consolidated gross profit totaled $159.4 million, up 8.4 percent from a year ago, due to growth in merchandise and gallons sold.

Same-store merchandise sales increased 1.9 percent in the first quarter of 2014, versus growth of 4.2 percent in the first quarter of 2013, which included the Easter holiday, whereas this year Easter falls in the second quarter.

For earnings history and earnings-related data on Susser Holdings Corp (SUSS) click here.

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