TravelCenters of America to Participate at the 22nd Annual B. Riley Securities Institutional Investor Conference

Rhea-AI Summary

TravelCenters of America (Nasdaq: TA) recently reported a remarkable 383% increase in net income for the first quarter of 2022, equating to an additional $22 million compared to the same period last year. This impressive performance comes despite persistent inflation and macroeconomic challenges. CEO Jonathan Pertchik and CFO Peter Crage are scheduled to present at the B. Riley Securities Institutional Investor Conference on May 25-26, 2022, to discuss the company’s achievements and plans.

Company Recently Announced Strong First Quarter Results with 383% Improvement in Net Income

NEWTON, Mass.--(BUSINESS WIRE)-- TravelCenters of America Inc. (Nasdaq: TA) today announced that Chief Executive Officer Jonathan Pertchik and Chief Financial Officer Peter Crage will be participating in meetings with investors at the 22nd Annual B. Riley Securities Institutional Investor Conference in Los Angeles, CA on May 25th and 26th, 2022. For additional information or to schedule a one-on-one meeting with TA management, please contact your B. Riley Securities representative.

TA has continued to perform well despite inflationary and other macro-economic forces with year over year net income improvement of $22 million in the first quarter of 2022, or an increase of 383%. The first quarter 2022 results news release can be found at the following link (http://investors.ta-petro.com/investors/press-releases/press-release-details/2022/TravelCenters-of-America-Inc.-Announces-First-Quarter-2022-Financial-Results/default.aspx).

About TravelCenters of America Inc.

TravelCenters of America Inc. (Nasdaq: TA) is the nation's largest publicly traded full-service travel center network. Founded in 1972 and headquartered in Westlake, Ohio, its more than 18,000 team members serve guests in over 276 locations in 44 states, principally under the TA®, Petro Stopping Centers® and TA Express® brands. Offerings include diesel and gasoline fuel, truck maintenance and repair, full-service and quick-service restaurants, travel stores, car and truck parking and other services dedicated to providing great experiences for its guests. TA is committed to sustainability, with its specialized business unit, eTA, focused on sustainable energy options for professional drivers and motorists, while leveraging alternative energy to support its own operations. TA operates over 600 full-service and quick-service restaurants and nine proprietary brands, including Iron Skillet® and Country Pride®. For more information, visit www.ta-petro.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220523005954/en/

Kristin Brown, Director, Investor Relations

(617) 796-8251

Source: TravelCenters - Financial

FAQ

What were the first quarter results for TravelCenters of America (TA) in 2022?

TravelCenters of America reported a 383% increase in net income for the first quarter of 2022, which translates to an additional $22 million compared to the previous year.

When is TravelCenters of America presenting at the B. Riley Securities Institutional Investor Conference?

TravelCenters of America will present at the B. Riley Securities Institutional Investor Conference on May 25-26, 2022.

Who are the executives participating in the B. Riley Securities Conference for TravelCenters of America?

CEO Jonathan Pertchik and CFO Peter Crage will represent TravelCenters of America at the conference.

How has TravelCenters of America adapted to inflationary pressures in 2022?

TravelCenters of America has continued to perform well despite inflationary pressures, achieving significant year-over-year net income growth.

Where can I find more information about TravelCenters of America's financial results?

Additional details regarding TravelCenters of America's financial performance can be found in their first quarter 2022 news release available on their investor relations website.