This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

TravelCenters Of America LLC Announces Third Quarter 2011 Results

TravelCenters of America LLC (NYSE Amex: TA) today announced financial results for the three and nine months ended September 30, 2011.

At September 30, 2011, TA’s business included 235 sites, 167 of which were operated under the “TravelCenters of America” or “TA” brand names and 68 of which were operated under the “Petro” brand name.

       
Three Months Ended

September 30,

Nine Months Ended

September 30,

2011   2010 2011   2010
(in thousands, except per share, per gallon and percentage amounts)
 
Revenues $ 2,087,285 $ 1,513,110 $ 5,964,356 $ 4,401,220
Net income (loss) $ 20,658 $ 4,466 $ 25,586 $ (35,577 )
 
Net income (loss) per share:
Basic and diluted $ 0.74 $ 0.26 $ 1.13 $ (2.06 )
 
Supplemental Data:
Total fuel sales volume (gallons) 543,959 518,922 1,574,394 1,529,695
Total fuel revenues $ 1,734,621 $ 1,192,949 $ 4,989,927 $ 3,512,206
Fuel gross margin $ 81,322 $ 74,642 $ 227,984 $ 199,587
Total fuel gross margin per gallon $ 0.150 $ 0.144 $ 0.145 $ 0.130
 
 
Total nonfuel revenues $ 348,790 $ 316,639 $ 963,676 $ 878,821
Nonfuel gross margin $ 196,010 $ 182,119 $ 548,328 $ 508,542
Nonfuel gross margin percentage 56.2 % 57.5 % 56.9 % 57.9 %
 
EBITDAR $ 83,069 $ 79,785 $ 210,530 $ 188,759
 

A calculation of earnings before interest, taxes, depreciation, amortization and rent, or EBITDAR, from net income (loss) determined according to U.S. generally accepted accounting principles, or GAAP, appears later in this press release.

1 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,034.93 +208.63 1.17%
S&P 500 2,100.40 +19.22 0.92%
NASDAQ 4,994.6020 +62.7870 1.27%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs