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Stock impact report

At Holiday Oil, the Wagstaff brothers keep their dad's vision alive [Yahoo! Finance]

Phillips 66 (PSX) 
Last phillips 66 earnings: 5/1 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Year-in, year-out its growth has been as steady as a metronome. In July they're set to open their 75th store. By the end of the 2020s they plan to hit 100. They have 1,000 employees on their payroll, and counting. How have they survived, thrived and expanded when so many other family-run gas station businesses have been kicked to the curb, engulfed by the fuel companies and the big corporations? What's their secret? Basically it boils down to four words: What would Jerry do? Jerry is Scott and Mike's father. He died two years ago, a month shy of his 80th birthday. But it's Jerry Wagstaff's fingerprints that remain, testifying to the practicality of Holiday's rather unorthodox way of doing business. For one thing, he built an empire without going into hardly any debt. For another, he insisted on owning the ground his gas pumps stand on. For yet another, he never stopped changing with the times. “That goes through my head a lot, what would he (Jerry) have done,” says Mike, 5 Show less Read more
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