EX-99.2 3 annualshareholdersmtg916.htm EXHIBIT 99.2
Fiscal Year Ended April 30, 2016

• Increase same-store grocery and other merchandise sales 6.2% with a margin of 32% • Increase same-store prepared food and fountain sales 10.2% with a margin of 62.5% • Increase same-store fuel gallons 2% with a margin of 18.4¢ per gallon • Build or acquire 77 to 116 stores. Replace 35 stores and remodel 100 stores

FY2015 FY2016 Gallons sold 1.8 billion 2.0 billion Margin 19.3¢ 19.6¢ Gross profit $351 million $382 million

Same Store Gallons Gallons Sold Margin Gross Profit 3.1% 536 million 19.5¢ $104 million

FY2015 FY2016 Sales $1.8 billion $2.0 billion Margin 32.1% 31.9% Gross profit $576 million $629 million

Same Store Sales Sales Margin Gross Profit 4.7% $566 million 31.6% $179 million

FY2015 FY2016 Sales $781 million $881 million Margin 59.7% 62.5% Gross profit $466 million $550 million

Same Store Sales Revenue Margin Gross Profit 5.1% $244 million 62.8% $153 million

Cash & cash equivalents $76 million Long-term debt $823 million Shareholders’ equity $1.1 billion

As of April 30, 2016 Number of Stores 24-hours 942 Pizza delivery 441 Major remodels 361

New store construction & acquisitions $222 - $339 million Replacements $76 million Maintenance & remodeling $158 million Transportation & information systems $41 million Total $497 - $614 million

$38.90 $46.93 $57.99 $68.45 $82.18 $112.00 $120.00 $0.00 $20.00 $40.00 $60.00 $80.00 $100.00 $120.00 $140.00 04/30/11 04/30/12 04/30/13 04/30/14 04/30/15 04/30/16 Current

$0.505 $0.60 $0.66 $0.72 $0.80 $0.88 $0.00 $0.10 $0.20 $0.30 $0.40 $0.50 $0.60 $0.70 $0.80 $0.90 $1.00 04/30/11 04/30/12 04/30/13 04/30/14 04/30/15 04/30/16