Yesway Completes Iowa and Kansas Portfolio Sale to Redeploy Capital into Higher-Return Growth Opportunities
Key Highlights
- ➤$21 million sale completed for 29 Iowa and Kansas stores, including existing inventory
- ➤Yesway (YSWY) will use proceeds to strengthen its balance sheet
- ➤Proceeds will fund new-to-industry stores in faster-growing core markets
- ➤Transaction simplifies Yesway’s supply chain footprint and sharpens operational focus
Expert Statements
Thomas N. Trkla, Chairman, President and Chief Executive Officer of Yesway
“This transaction is fundamentally about putting our capital to work where we believe it can generate the greatest long-term value”
Thomas N. Trkla, Chairman, President and Chief Executive Officer of Yesway
“By monetizing our Iowa and Kansas portfolio, we are unlocking capital to invest in new-to-industry stores in faster-growing core markets where we see opportunities to achieve higher returns on invested capital”
Thomas N. Trkla, Chairman, President and Chief Executive Officer of Yesway
“At the same time, we are sharpening our operational focus and simplifying our supply chain footprint”
Thomas N. Trkla, Chairman, President and Chief Executive Officer of Yesway
“Together, these benefits position us to pursue more profitable growth, build on the strength of our Yesway and Allsup’s brands and deliver long-term value for our shareholders”
Thomas N. Trkla, Chairman, President and Chief Executive Officer of Yesway
“I also want to express my heartfelt thanks to all of our district and store managers, service technicians, and store associates in Iowa and Kansas for their hard work, dedication, and commitment throughout the years these stores have been part of the Yesway family”
FORT WORTH, Texas, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Yesway, Inc. (“Yesway” or the “Company”) (Nasdaq: YSWY), one of the fastest-growing convenience store operators in the United States, today announced that it has completed the sale of its 29-store portfolio in Iowa and Kansas to Now & Forever for approximately $21 million, including payment for the value of existing inventory.
The transaction advances Yesway’s disciplined capital allocation strategy of monetizing non-strategic assets and redeploying capital into investments with higher return potential in faster-growing markets. The Company intends to use the proceeds to further strengthen its balance sheet and support the development of new-to-industry stores in its core markets, where it believes its established brands and proven operating capabilities position it to generate attractive returns and sustainable long-term growth.
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