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TravelCenters of America LLC Message Board

  • granicus007 granicus007 Aug 9, 2011 12:48 PM Flag

    more earnings publicity

    Updated: 8/9/2011 9:15:00 AM
    TravelCenters’ 2Q Profit Jumps

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    TravelCenters of America said its second-quarter earnings jumped from a year ago as fuel sales increased.

    The truck stop chain reported net income of $21.7 million, or 99 cents a share, up from $1.2 million, or 7 cents, a year ago.

    Revenue rose to $2.1 billion, from $1.5 billion, TA said in a statement. Fuel sales volume rose 4.3% from a year ago.

    In May, TA acquired six travel centers for $25.5 million in a bankruptcy auction.

    The company also purchased a travel center in Kansas for $5.7 million in June.

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