Yesway, Inc. (YSWY) Earnings Call Transcripts

Yesway, Inc.'s Latest Earnings Call - Q1 FY2026

Yesway, Inc. reported a record first quarter for fiscal 2026, driven by strong performance across its foodservice, merchandising, and fuel platforms. Revenue reached $464.3 million in fuel sales, a 16% increase year-over-year, while adjusted EBITDA surged 112.9% to over $59 million. Management provided guidance for fiscal 2026, projecting same-store inside merchandise sales growth of 1.25% to 3.25% and adjusted EBITDA between $210 million and $220 million, reflecting confidence in ongoing operational momentum despite potential headwinds from fuel price volatility.

Reported metrics

Metric	Value	Context
Revenue	$464.3 million (beat)	vs $400 million est, +16% YoY
Adjusted EBITDA	$59.2 million (beat)	vs $27.8 million est, +112.9% YoY
Net Income	$30.2 million (positive)	vs net loss of $5.6 million in prior year
Same-Store Inside Merchandise Sales Growth	4.5% (positive)	continuing a positive trend over 12 of the past 13 quarters
Same-Store Fuel Margin	$0.494 per gallon (positive)	up 48.5% YoY
Capital Expenditures	$11 million (positive)	vs $26.3 million in prior period

Guidance from management

Management expects same-store inside merchandise sales growth of 1.25% to 3.25% and adjusted EBITDA of $210 million to $220 million for fiscal 2026. This guidance reflects confidence in ongoing operational momentum despite potential headwinds from fuel price volatility.

What management said

Thank you, Ericka. To close, we are very pleased with our record first quarter performance and the strong start to our journey as a public company. By continuing to strengthen our differentiated customer offering and maintaining a disciplined approach to capital allocation, Yesway is well positioned to continue delivering profitable growth and long-term value for shareholders. Thank you again for joining us today. ...
— Thomas Trkla, Q1 FY2026 earnings call

Yes. So I would just add from a data perspective, on the fuel side of the business, we do see some trading down from premium to mid-grade, mid-grade to regular. Obviously, as you can imagine, the margin on that trade down is far exceeding anything to do with that trade down. So that feels very good. Inside transactions were positive for the quarter and the merch basket was up as well. So to Tom's point, we feel ver...
— Ericka Ayles, Q1 FY2026 earnings call

What analysts pressed on

Analysts expressed concerns about consumer behavior in response to rising fuel prices and the potential for a deceleration in same-store sales growth moving forward. There was also inquiry regarding the sustainability of margins and the impact of geopolitical factors on future performance.

Main topics on the call

Record Profitability — Yesway achieved an all-time high profitability with adjusted EBITDA increasing 112.9% year-over-year to over $59 million. Management stated, "We are pleased to deliver record first quarter results, driven by broad-based ...
Same-Store Sales Growth — Same-store inside merchandise sales rose 4.5%, continuing a positive trend over 12 of the past 13 quarters. Management noted, "We believe these initiatives will help drive traffic, strengthen loyalty and improve same-sto...
Fuel Margin Improvement — Fuel margin increased 48.5% year-over-year to $0.494 per gallon, supported by strong local refinery partnerships and a higher diesel mix. Management highlighted, "Our fuel business maintains structural advantages, suppor...
Guidance for Fiscal 2026 — Management provided guidance for fiscal 2026, projecting same-store inside merchandise sales growth of 1.25% to 3.25% and adjusted EBITDA of $210 million to $220 million. They stated, "We will continue to monitor the imp...

Read the full Yesway, Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

About Yesway, Inc.

Yesway, Inc. (YSWY) is a publicly listed company in the Consumer Staples Distribution and Retail industry, within the Consumer Staples sector. It trades on NasdaqGS and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 1 call on record spanning June 2, 2026 to June 2, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.

Earnings Call History

EarningsCalls.dev has 1 Yesway, Inc. earnings call transcript on record, spanning June 2, 2026 to June 2, 2026. The most recent call on file is dated June 2, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker: YSWY
Exchange: NasdaqGS
Country: US
Sector: Consumer Staples
Industry: Consumer Staples Distribution and Retail
Calls on record: 1
First call: June 2, 2026
Most recent: June 2, 2026