Yesway Posts Q3 Profit and Sales Growth Amid High Inflation and Fuel Costs

Yesway, Inc. reported higher fuel profitability and increased merchandise sales for the third quarter of 2026, navigating a landscape defined by elevated fuel prices and stubborn consumer inflation. Led by Chairman, President, and Chief Executive Officer Tom Trkla, the convenience store operator pointed to disciplined execution, higher-margin diesel sales, and its proprietary foodservice operations as the main drivers behind the quarterly performance.

During the period, same-store merchandise sales grew 1.9% compared to the previous year, marking the nineteenth positive quarter out of the last twenty. At the same time, same-store fuel gallons sold rose 1.1%, marking five consecutive quarters of volume growth that outpaced regional trends. Total fuel margins climbed 14.3% year-over-year to reach $0.461 per gallon, holding well above historical averages, while adjusted EBITDA advanced 8.6% to hit $60 million.

Management noted that capital is being redeployed following the recent divestiture of 29 stores in Iowa and Kansas. These funds are now being directed toward building new locations in Texas and Arizona, alongside converting existing Texas storefronts to the Allsup's banner to leverage established local brand recognition.

What to watch next: Monitor the pace of new store openings in Arizona and Texas and the ongoing brand conversions.