Yesway Reports Increased Income in Q1

Yesway Inc. recently announced its financial results for the first quarter ended March 31, 2026.

The company reported:

• Net income increased to $30.2 million from a net loss of $5.6 million in the prior-year period.
• Adjusted EBITDA increased 112.9% year-over-year to $59.2 million.
• Same-store inside merchandise sales increased 4.5% compared to the prior-year period and total inside merchandise sales increased 9.5% year-over-year, with a total inside margin of 36.1%.
• Same-store fuel gallons sold increased 0.2% compared to prior-year period and total fuel gallons sold increased 8.0% year-over-year, with a total fuel margin of 49.4 cents per gallon.
• Income from operations increased to $42.4 million from $10.2 million in the prior-year period, and store contribution increased 72.7% year-over-year to $74.6 million.
• Introduced fiscal year 2026 outlook, reflecting confidence in Yesway's growth strategy, operating momentum and ability to create long-term shareholder value.

"We are pleased to report record first quarter results following the successful completion of our public offering," said Thomas N. Trkla, chairman, president and chief executive officer of Yesway. "Our strong performance reflects the continued execution of our growth strategy and the strength of our differentiated convenience and foodservice platform. During the quarter, we delivered meaningful year-over-year growth across our foodservice, merchandise and fuel businesses, with fuel sales and margins increasing as we benefited from disciplined operations, strong customer demand and the continued maturation of our store base."

In March of this year, Yesway Inc. took the company public via an initial public offering, and laid out its expansion and growth plans for the next five years, with plans to open 130 new-to-industry stores. The retailer said it has six to eight stores planned for 2026 and expects to spend $40 million to $50 million on those builds.