SCOTTSDALE, Ariz.--(BUSINESS WIRE)--
STORE Capital Corporation (STOR), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today announced the release of its 2018 annual letter to stockholders (titled “Designed to Perform”) authored by Chief Executive Officer Christopher H. Volk. The letter may be viewed and downloaded from STORE Capital’s Investor Relations website at ir.storecapital.com under CEO Videos and Annual Reports.
In the letter, reflecting on STORE Capital’s performance and purpose, Mr. Volk stated, “As we continued to deliver for our stockholders in 2018, we continued to challenge ourselves to become a better and stronger company. The results and share performance we have realized are not a fluke; they stem from a business model we designed before we opened our doors for business in 2011. We formed STORE Capital with a purpose. We see the path before us and are excited about our continued prospects, but our success will be best measured by what we can achieve for all our stakeholders.”
The letter details a number of key points about STORE Capital, including:
- A performance summary describing the Company’s fourth consecutive year of delivering double-digit shareholder returns;
- Outstanding achievements in customer and portfolio growth, balance sheet and capital stack management, operational improvements and financial results, among others;
- STORE Capital’s “brick by brick” approach to building a trophy portfolio; and
- The Company’s commitment to corporate responsibility and to making a positive contribution to all stakeholders, including stockholders, employees, customers, suppliers, creditors and communities.
About STORE Capital
STORE Capital Corporation is an internally managed net-lease real estate investment trust, or REIT, that is the leader in the acquisition, investment and management of Single Tenant Operational Real Estate, which is its target market and the inspiration for its name. STORE Capital is one of the largest and fastest growing net-lease REITs and owns a large, well-diversified portfolio that consists of investments in over 2,000 property locations, substantially all of which are profit centers, in 49 states. Additional information about STORE Capital can be found on its website at www.storecapital.com.