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Stock impact report

Murphy USA focusing more on new builds after ‘disappointing' 2024 [Yahoo! Finance]

Murphy USA Inc. (MUSA) 
Last murphy usa inc. earnings: 4/17 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Thu, February 6, 2025 at 3:01 PM GMT+1 2 min read In This Article MUSA This story was originally published on C-Store Dive . To receive daily news and insights, subscribe to our free daily C-Store Dive newsletter Dive Brief: Murphy USA will shift its attention this year to opening new-to-industry convenience stores compared to the raze-and-rebuild focus it used in 2024, leaders said during the retailer's fourth-quarter earnings call on Thursday. Last year, Murphy opened 32 NTI sites and remodeled 47 locations. Although those numbers were in line with the company's guidance heading into 2024, Murphy underdelivered against its schedules for these sites, which hurt fuel and merchandise sales due to fewer store months in operation, President and CEO Andrew Clyde said. With more emphasis on organic growth, Murphy intends to open up to 50 new-to-industry c-stores and remodel up to 30 locations in 2025, leadership said and as outlined in the company's earnings report. Dive Show less Read more
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