Summary not available.
TravelCenters of America (Nasdaq: TA) will hold an Investor Day on September 20, 2022, at 3:00 p.m. Eastern Time in location value="LU/us.ny.nyc"New York City. The event aims to engage financial analysts and institutional investors, featuring presentations from senior leadership followed by a Q&A session. Attendance is limited, and interested parties should contact the company for invitations. A live audio webcast will be available on the company's events page, with a replay accessible afterward.
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TravelCenters of America (TA) reported a 121% increase in net income for the quarter ended June 30, 2022, reaching $64.0 million or $4.31 per share. Adjusted EBITDA rose 67% to $122.8 million, demonstrating strong operational performance amid volatile supply markets. Fuel gross margins surged 56%, while non-fuel revenues grew 10.3%. The company completed acquisitions of travel centers, supporting its expansion strategy. With total liquidity of $750.6 million, TA continues to invest in growth initiatives and network enhancements.
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TravelCenters of America Inc. (Nasdaq: TA) will release its second quarter 2022 financial results on August 1, 2022, after market close. A conference call hosted by CEO Jonathan Pertchik, President Barry Richards, and CFO Peter Crage will take place on August 2, 2022, at 10:00 a.m. ET. Participants can join the call via telephone or listen to a live audio webcast on the company’s website. An archived version of the call will be available for replay until August 9, 2022.
TravelCenters of America (NASDAQ: TA) is continuing its annual Round Up campaign to support the St. Christopher Truckers Relief Fund (SCF) from July 1, 2022, to September 1, 2022. Guests at participating locations can round up their purchase, with proceeds aiding truck drivers sidelined by illness or injury. Since 2010, TA has raised over $3 million for SCF, which provides financial assistance and health programs for drivers. The campaign highlights TA's commitment to supporting the trucking community while enhancing customer engagement.
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TravelCenters of America Inc. (Nasdaq: TA) held its 2022 Annual Meeting of Stockholders, where Lisa Harris Jones and Rajan C. Penkar were re-elected as Independent Directors with 59.0% and 72.4% of votes, respectively. The stockholders also ratified Deloitte & Touche LLP as independent auditors for the fiscal year with an overwhelming 99.8% approval. These decisions underscore the strong governance and shareholder support for the management team amid TA's operations across 276 locations in 44 states, focusing on sustainability and full-service offerings.
TravelCenters of America (Nasdaq: TA) announced that CEO Jonathan Pertchik and CFO Peter Crage will present at the Oppenheimer 22nd Annual Consumer Growth and E-Commerce Conference on June 15, 2022, at 12:00 p.m. Eastern Time. The company will also facilitate virtual one-on-one meetings with investors through Oppenheimer representatives. A live audio webcast of the presentation will be available on the company's events page. TravelCenters operates the largest full-service travel center network in the U.S. with over 276 locations across 44 states.