Susser Holdings (SUSS) Sees Q1 Comps Up 4.2%

April 16, 2013 6:09 AM EDT
Susser Holdings Corporation (NYSE: SUSS) and Susser Petroleum Partners LP (NYSE: SUSP) today provided partial operating results for the first quarter of 2013.

Susser Holdings expects to report:

* Same-store merchandise sales growth of approximately 4.2 percent.
* Retail average per-store fuel volume growth of approximately 4.1 percent.

New Locations Update

Susser Holdings opened four new StripesĀ® convenience stores during the first quarter and closed one store that is being rebuilt with the Company's larger footprint. The Company operated 562 Stripes stores as of the end of March, 355 of which included an in-store restaurant offering.

Five new dealer sites were added in the wholesale segment, and five sites were discontinued in the first quarter for a total of 579 contract branded sites as of March 31, consisting of 92 consignment locations and 487 other independent branded dealer contracts.


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