CST Brands (CST) Tops Q3 EPS by 11c; Will Acquire Flash Foods
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November 4, 2015 6:00 AM EST
Third Quarter 2015 Net Income of $85 million or $1.12 per diluted
share, a 35% increase over Third Quarter 2014
EBITDA of $174 million, an increase of 25% over Third Quarter 2014
Adjusted EBITDA of $294 million and Adjusted Earnings Per Share of
$2.12
Same Store Merchandise Sales Increases of 4% in both the U.S. and
Canada
SAN ANTONIO--(BUSINESS WIRE)--
CST Brands, Inc. (NYSE: CST), one of the largest independent retailers
of motor fuels and convenience merchandise in North America, today
reported financial results for the third quarter... More
November 4, 2015 6:00 AM EST
Final purchase would be largest network acquisition in CST Brands
company history
SAN ANTONIO--(BUSINESS WIRE)--
CST Brands, Inc. (NYSE: CST), a San Antonio-based Fortune 500 fuel and
convenience retailer, announced today that it has entered into an
exclusivity agreement to finalize the terms of the definitive agreement
for CST to acquire 100 percent of the outstanding shares of Flash Foods,
Inc. and certain related entities in Georgia and Florida from the Jones
Company.
The closing of this purchase would represent the largest network
acquisition in... More
