Susser Holdings Joins Fortune 500, Named 5th Largest Stock Gainer in 2011
CORPUS CHRISTI, Texas, May 8, 2012 /PRNewswire/ — Susser Holdings Corporation (NASDAQ: SUSS) has been recognized among America’s 500 largest public companies by Fortune magazine. Based on 2011 sales of $4.9 billion, Susser today made its debut at No. 486 on the magazine’s “Fortune 500″ list.
Susser, which operates more than 540 convenience stores in Texas, New Mexico and Oklahoma, was also recognized in the magazine’s annual rankings as delivering the fifth-largest gain in shareholder return among all Fortune 500 companies last year, with a total return of 63.3%.
“We are very proud to be recognized by Fortune magazine in this prestigious ranking after just five years as a publicly traded company,” said Sam L. Susser, Susser Holdings’ President and Chief Executive Officer. “Most of all, I’m proud of our team of 8,000 employees across three states that has helped us achieve the strong, profitable growth we have been able to deliver to shareholders, with 23 consecutive years of same-store sales growth, and EBITDA that has more than tripled since we went public. We are well positioned to continue to benefit from strong execution and a growing Texas economy,” Susser said.
Compiled since 1955, the “Fortune 500″ ranks U.S. companies by sales. Companies are ranked by total revenues for their respective fiscal years. Included in the survey are companies that are incorporated and operate in the U.S. and file financial statements with a government agency.
Corpus Christi, Texas-based Susser Holdings Corporation is a third-generation family led business with approximately 1,100 company-operated or contracted locations. The Company operates over 540 convenience stores in Texas, New Mexico and Oklahoma under the Stripes® banner. Restaurant service is available in more than 330 of its stores, primarily under the proprietary Laredo Taco Company® brand. The Company also supplies branded motor fuel to approximately 565 independent dealers through its wholesale fuel division.
Contacts: Susser Holdings Corporation Mary Sullivan, Chief Financial Officer (361) 693-3743, email@example.com DRG&L Ken Dennard, Managing Partner (713) 529-6600, firstname.lastname@example.org Anne Pearson, Senior Vice President (210) 408-6321, email@example.com
SOURCE Susser Holdings Corporation