TravelCenters Reports 2Q Profit
Truck stop chain TravelCenters of America reported a second-quarter profit Monday of $1.17 million, or 7 cents a share, compared with a loss of $15.04 million, or 90 cents, a year ago.
Revenue rose to $1.5 billion from $1.13 billion a year ago, the company said in a statement.
TravelCenters, which is also known as under the TA name, said its same-site fuel sales volume rose 7.1% from the same quarter last year.
As of June 30, the company’s business included 229 sites, 166 of which were operated under the “TravelCenters of America” or “TA” names and 63 of under the “Petro” name.
