The convenience store (or "C-store") industry represents nearly $225
billion in in-store retail sales every year in the U.S. and Canada, and
every one of those 175,000 or so stores needs distributors to deliver
the goods they stock on their shelves. Core-Mark Holdings (CORE), the second-largest C-store distributor, continues to offer some attractive leverage to this market. Up about 18% from my prior write-up,
the valuation isn't quite as compelling, but I believe Core-Mark can
continue to be a share-gainer in a fragmented market, while leveraging
the margin and cash flow benefits of providing value-added services to
smaller clients.
Click the link to continue:
Core-Mark: A Great Small-Cap Play On Convenience
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