"Yesway Inc. operates over 448 convenience store locations across nine states, primarily in West Texas, New Mexico, Oklahoma, and Iowa, and is known for its Allsup's Burritos."
"The company generated $2.67 billion in revenue last year and reported a net income of $54 million, showcasing its financial viability in the competitive convenience store market."
"Yesway's IPO share price is set at $20, and the company will begin trading on Nasdaq under the YSWY ticker, marking a significant milestone for its growth."
Yesway Inc., a convenience store operator with over 440 locations across nine states, is launching its IPO on Nasdaq under the YSWY ticker. The company, known for its Allsup's Burritos and typical convenience store offerings, generated $2.67 billion in revenue last year. Yesway initially filed for an IPO in 2021 but withdrew due to rising interest rates. With 7-Eleven closing over 600 locations, Yesway's IPO comes at a pivotal time for the convenience store sector, potentially paving the way for future expansion.
Read at Fast Company
Unable to calculate read time
Collection
[
|
...
]