Yesway's Convenience Stores Are Gaining Market Share from Fast-Food Chains
Yesway, a convenience store operator, is gaining customers from fast-food chains, according to CEO Tom Trkla. The company's IPO on Nasdaq under the ticker YSWY raised $280 million, with shares trading at $22. Yesway's Allsup's brand, known for deep-fried burritos, is driving sales despite rising fuel prices.
Topics: convenience store fast food competition IPO market share Yesway Inc.