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CST Brands (CST)

- NYSE
  • Wed, Apr. 22, 3:10 PM
    • Convenience stores saw a 0.1% increase in same-store tobacco sales last year after a strong Q4.
    • The mark ended a multi-year streak of declining tobacco sales.
    • The tobacco category makes up the highest percentage of in-store spending at convenience stores.
    • Lower gas prices are believed by some analysts to have boosted consumer demand, while the exit of CVS Health from the category may have also played a small factor.
    • Kwik Check Food Stores CEO Kevin Smartt says "flat is the new up" for tobacco growth, but warns on margin pressure.
    • Convenience store chain owners: KR, CASY, PTRY, OTCPK:ANCUF, CST, MUSA
    | Comment!
  • Fri, Mar. 27, 9:53 AM
    • CrossAmerica Partners (CAPL -0.6%) says Joe Topper will retire as CEO effective Sept. 30 and resign as President effective immediately.
    • Jeremy Bergeron, who served as CST Brands' (CST +0.3%) senior VP of integration and development operations, is appointed as CAPL's new President.
    • Topper will continue to serve on the boards of both CAPL and CST after he formally steps down as CEO.
    | Comment!
  • Fri, Mar. 20, 1:40 PM
    • Efforts are underway in a number of states and in Canada to loosen regulations over the sale of beer, according to Convenience Store and Fuel News.
    • C-stores (KR, CASY, PTRY, OTCPK:ANCUF, CST, MUSA) lose some sales to grocery chains and liquor store dues to many dated restrictions.
    | 1 Comment
  • Tue, Mar. 3, 4:35 PM
    • CST Brands (NYSE:CST) declares $0.0625/share quarterly dividend, in line with previous.
    • Forward yield 0.61%
    • Payable April 15; for shareholders of record March 31; ex-div March 27.
    | Comment!
  • Fri, Feb. 27, 7:05 AM
    • CST Brands (NYSE:CST): Q4 EPS of $1.02 beats by $0.26.
    • Revenue of $2.70B (-11.8% Y/Y) misses by $230M.
    • Press Release
    | Comment!
  • Thu, Feb. 26, 5:30 PM
  • Fri, Jan. 30, 3:26 PM
    • Products from PepsiCo (PEP -2.1%) will be on full display this Super Bowl Sunday - before, during, and after the mammoth TV event.
    • The company plans to run 11 Mountain Dew Kickstart spots during the extended SB pre-game show.
    • Doritos and Gatorade will have their usual high-visibility presence, while Tostitos gets its introduction to the spectacle.
    • A lead-in commercial just before the Pepsi-sponsored halftime show has a chance to be one of the most watch commercials of the game.
    • In an appeal to millennials, the company is running a student cooking competition using PepsiCo products and unloading massive marketing efforts around the crowdsourced Crash the Super Bowl competition.
    • One group that doesn't mind the significant efforts of PepsiCo to generate Super Bowl buzz is C-stores (KR, CASY, PTRY, OTCPK:ANCUF, CST, MUSA).
    • Traffic to C-stores this weekend is forecast to be up over 8% Y/Y.
    • Mountain Dew Kickstart Ad
    • PepsiCo Super Bowl teaser ad
    | Comment!
  • Tue, Jan. 6, 4:16 PM
    • GasBuddy.com projects gas prices will average $2.64 per gallon in 2015.
    • Most economists see a boost in U.S. retail spending from the gas savings with the exception of regions highly dependent upon the energy industry.
    • While some Q4 reports from restaurant chains and retailers may show a marginal lift in sales due to the drop in gas prices, insiders think quantifying the impact will be more art than science.
    • The following sub-sectors have been tapped by analysts as potential under-the-radar beneficiaries of the gas price effect.
    • C-stores:KR, CASY, PTRY, OTCPK:ANCUF, CST, MUSA.
    • Theme parks: SIX, FUN, DIS, CMCSA, PLAY.
    • Beverages: KO, PEP, COT, DPS, BUD, SAM, BREW, TAP, MNST.
    | 4 Comments
  • Dec. 20, 2014, 10:20 AM
    • With crude oil prices near five-year lows, some analysts say gas stations may be the best way to play the energy sector right now, with CST Brands (NYSE:CST), Murphy USA (NYSE:MUSA) and Marathon Petroleum (NYSE:MPC) as pure plays worth watching.
    • Gasoline retailers enjoy their largest profit margins in falling price environments such as today, says Again Capital's John Kilduff.
    • The gas station trend is clearly seen with refinery Valero's (NYSE:VLO) 2013 spinoff of its retail CST Brands, which operates 1,900 gas stations in North America and whose stock has easily outperformed VLO in recent months; Gabelli last week increased its 2014 EPS estimate on CST because of lower oil prices.
    • MUSA and MPC, also created as gas station spinoffs from refineries, have outperformed their parent companies as well.
    • Tesoro (NYSE:TSO) said its retail segment enjoyed record performance in the most recent quarter, while big box stores such as Costco (NASDAQ:COST) that have gas stations connected to their stores also noted the benefit of lower oil prices in their earnings reports.
    | 23 Comments
  • Dec. 11, 2014, 10:03 AM
    • The S&P Retail ETF (NYSEARCA:XRT) is up 2.3% off of today's strong read on retail sales in the U.S.
    • While the big boys are holding their own - Wal-Mart (NYSE:WMT) +1.1%, Target (NYSE:TGT) +2.0%, Costco (NASDAQ:COST) +1.0% - it's the apparel chains and specialty retailers doing the heavy lifting.
    • Retail standouts: Barnes & Noble (NYSE:BKS) +3.3%, CST Brands (NYSE:CST) +3.3%, Ascena Retail (NASDAQ:ASNA) +3.2%, Williams-Sonoma (NYSE:WSM) +3.0%, Express (NYSE:EXPR) +2.9%, Stein Mart (NASDAQ:SMRT) +2.7%.
    • Previously: Retail Sales report, highlights
    | 1 Comment
  • Dec. 10, 2014, 5:58 PM
    • CrossAmerica Partners (NYSE:CAPL) agrees to acquire Erickson Oil Products, operator of 64 convenience stores and gasoline stations located in Minnesota and some surrounding states, for $85M.
    • For the year ending Oct. 31, the stores sold ~68M gallons of motor fuel and totaled ~$95M in non-fuel revenue.
    • CAPL initially intends to operate the convenience stores within the partnership and expects to transfer the operation of certain sites over time to its CST Brands (NYSE:CST) parent.
    | Comment!
  • Dec. 10, 2014, 10:22 AM
    • The S&P 500 Retail ETF (NYSEARCA:XRT) is up 0.3% today despite the negative action in the broader market.
    • A forecast for sustained lower oil prices is the major reason for the upswing.
    • Top 20 XRT holdings showing gains: Limited Brands (LB +0.6%), Whole Foods Markets (WFM +0.4%), Casey's General Stores (CASY +0.3%), Ross Stores (ROST +0.7%), Kroger (KR +0.9%), Advance Auto Parts (AAP +0.4%), Target (TGT +0.4%), Zumiez (ZUMZ +0.3%), CST Brands (CST +1.3%).
    | 1 Comment
  • Dec. 3, 2014, 7:13 AM
    | Comment!
  • Nov. 18, 2014, 8:17 AM
    • CST Brands (NYSE:CST) +4.4% premarket after Jim Cramer suggested Marathon Petroleum (NYSE:MPC) should acquire the company.
    • Cramer thinks CST would be worth as much as $4.8B at enterprise value in a takeover situation, or $53.40/share, based on what MPC paid for Hess Retail and what Energy Transfer Partners paid for Susser.
    • Even if CST does not catch a bid, Cramer believes the fundamentals are so strong that the stock should be bought.
    | Comment!
  • Nov. 11, 2014, 8:58 AM
    • CST Brands (NYSE:CST) reports a 3.90% decline in Motor fuel revenue to $2.69B.
    • Merchandise sales were up 3.39% to $427M.
    • Operating income rose 50.73% to $104M due in part to a 52.0% increase in U.S. motor fuel gross profit.
    • During the quarter the company opened 7 new stores in U.S. and 4 new stores in Canada.
    • During 2014 the company expects to open total 28 new stores in U.S, and 10 new stores in Canada.
    • Q3 results
    | Comment!
  • Nov. 11, 2014, 7:22 AM
    • CST Brands (NYSE:CST): Q3 EPS of $0.90 beats by $0.33.
    • Revenue of $3.22B (-3.0% Y/Y) misses by $50M.
    • Press Release
    | Comment!
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Company Description
CST Brands Inc is an independent retailer of motor fuel and convenience merchandise in the U.S. and eastern Canada. Its retail operations include the sale of motor fuel andconvenience merchandise items and servicesat convenience stores.