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TravelCenters of America Inc. (TA) CEO Jon Pertchik on Q3 2021 Results - Earnings Call Transcript

Nov. 02, 2021 3:46 PM ETBP p.l.c. (BP), TANNI, TANNL, TANNZ
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TravelCenters of America Inc. (TA) Q3 2021 Earnings Conference Call November 2, 2021 10:00 AM ET

Company Participants

Kristin Brown - Investor Relations

Jon Pertchik - Chief Executive Officer

Peter Crage - Chief Financial Officer

Barry Richards - President

Conference Call Participants

Paul Lejuez - Citi

Bryan Maher - B. Riley FBR

Ari Klein - BMO Capital Markets

Jim Sullivan - BTIG


Good morning and welcome. This call is being recorded. At this time, for opening remarks and introductions, I would like to introduce TA’s Director of Investor Relations, Ms. Kristin Brown. Please go ahead.

Kristin Brown

Thank you. Good morning, everyone. We will begin today’s call with remarks from TA’s Chief Executive Officer, Jon Pertchik, followed by Chief Financial Officer, Peter Crage; and President, Barry Richards for our analyst Q&A.

Today’s conference call contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and federal securities laws. These forward-looking statements are based on today’s present beliefs and expectations as of today, November 2, 2021. Forward-looking statements and their implications are not guaranteed to occur and they may not occur. TA undertakes no obligation to revise or publicly release any revision to the forward-looking statements made today other than as required by law. Actual results may differ materially from those implied or included in these forward-looking statements.

Additional information concerning factors that could cause our forward-looking statements not to occur is contained in our filings with the Securities and Exchange Commission, or SEC, that are available free of charge at the SEC’s website or by referring to the Investor Relations section of TA’s website. Investors are cautioned not to place undue reliance upon any forward-looking statements.

During this call, we will be discussing non-GAAP financial measures, including adjusted net income, EBITDA, EBITDAR, adjusted EBITDA, adjusted EBITDAR and adjusted fuel gross

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