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CST Brands Inc (CST.N)

CST.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

CST Brands Q1 earnings per share $0.15 excluding items
Monday, 8 May 2017 04:05pm EDT 

May 8 (Reuters) - CST Brands Inc ::CST Brands Inc Reports first quarter 2017 results.Q1 earnings per share $0.04.Q1 earnings per share $0.15 excluding items.Q1 earnings per share view $0.26 -- Thomson Reuters I/B/E/S.CST Brands Inc says U.S. Merchandise and services gross profit increased 1% with operating expenses declining 1% or $1 million in Q1 2017.CST Brands Inc says motor fuel gross profit in U.S. For Q1 of 2017 was $58 million versus $75 million in same quarter of 2016.CST Brands Inc says qtrly operating revenues $2,367 million versus. $2,034 million last year.Q1 revenue view $2.86 billion -- Thomson Reuters I/B/E/S.CST Brands -in light of pending merger, will not be issuing financial guidance and will not be hosting a Q1 earnings conference call.  Full Article

Cst Brands to pay a termination fee of $133 million to Alimentation Couche-Tard
Tuesday, 23 Aug 2016 06:49am EDT 

Cst Brands Inc:Upon termination of deal under some circumstances, will be required to pay a termination fee of $133 million to Alimentation Couche-Tard.  Full Article

Alimentation Couche-Tard says will continue to look at tuck in acquisitions - Conf call
Monday, 22 Aug 2016 02:07pm EDT 

Alimentation Couche-Tard Inc: Says will continue to look at tuck in acquisitions - Conference call . Expects annual pre-tax cost synergies of $150m-$200m be realized 24-36 months after closing . Expects EPS accretion to reach 40-50 cents during third year following the acquisition . "we do not intend to issue equity in connection with this transaction" . By the end of 2nd year post acquisition we expects more than $1.2 billion in free cash flow Further company coverage: [ATDb.TO] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

CST Brands Q2 earnings per share $0.36
Friday, 5 Aug 2016 06:00am EDT 

CST Brands Inc : Q2 earnings per share $0.36 . Q2 earnings per share $0.39 excluding items .Q2 earnings per share view $0.43 -- Thomson Reuters I/B/E/S.  Full Article

CST Brands and CrossAmerica announce agreement regarding California and Wyoming fuel supply
Thursday, 7 Jul 2016 04:51pm EDT 

CST Brands Inc : Crossamerica and CST agree on $18.2 million refund for California and Wyoming fuel supply . With closing of sale, agreed to compensate Crossamerica for decrease in revenues related to 17.5% interest in co's wholesale fuel business .CST, partnership agreed to a refund of a portion of 2015 purchase price paid by partnership for its ownership interest in CST fuel supply.  Full Article

7-Eleven to buy 79 stores from CST brands
Thursday, 2 Jun 2016 07:30pm EDT 

7-Eleven Inc: Notice regarding the acquisition of stores from CST Brands, Inc. . signed an agreement to acquire stores from CST Brands . agreement to have only a minimal effect on company's consolidated results for fiscal year ending February 28, 2017 . asset purchase is expected to contribute to profits over medium to long-term . signed an agreement to acquire stores from cst brands . Agreement will have minimal effect on co's consolidated results for fiscal year ending February 28, 2017 .Says to buy 79 gas stations and convenience stores in California and Wyoming.  Full Article

CST Brands Q1 earnings per share $0.24
Friday, 6 May 2016 06:00am EDT 

Cst Brands Inc : Cst brands, inc. Reports first quarter 2016 results . Q1 earnings per share $0.24 . Q1 earnings per share view $0.22 -- Thomson Reuters I/B/E/S . Q1 earnings per share $0.27 excluding items . Expects to open 55 to 60 new to industry stores in 2016. . Qtrly same store merchandise and services up 2.2% in u.s. And up 5.6% in canada, (excluding foreign currency impact). . Qtrly adjusted earnings per share $0.27 .Sees q2 gallons per store per day in u.s. 5,100 to 5,300.  Full Article

CST Brands to sell California, Wyoming stores to 7-Eleven
Thursday, 5 May 2016 05:30pm EDT 

CST Brands:CST Brands enters into definitive agreement with 7-Eleven to sell California and Wyoming stores.Purchase price for transaction is $408 million.Transaction includes 76 stores in California and 3 stores in Wyoming.Is in process of conducting a full exploration of strategic alternatives for CST to further enhance stockholder value.Cash deal is expected to close mid-summer 2016.Raymond James advised CST brands, inc. In transaction.  Full Article

CST Brands Inc declares cash dividend on common stock
Thursday, 3 Mar 2016 06:50am EST 

CST Brands Inc:Board of Directors has declared a quarterly cash dividend on Company's common stock in amount of $0.0625 per share.Dividend is payable on April 15 to holders of record as on March 31.  Full Article

CST Brands Inc completes acquisition of Flash Foods Store Network
Monday, 1 Feb 2016 05:12pm EST 

CST Brands Inc:Completes acquisition of Flash Foods Store Network.  Full Article

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