CST Brands net income soars in Q4 on fuel, CPG margins

San Antonio, Texas – Net income soared on rising margins in fuel and consumer packaged goods at convenience/fuel retailer CST Brands Inc. in the fourth quarter of fiscal 2014. Net income rose 176% to $94 million from $34 million in the same quarter a year earlier.



Revenues dropped 13% to $2.7 billion from $3.06 billion. For the full fiscal year, net income rose 44% to $200 million from $139 million. Revenues fell 4% to $12.18 billion from $12.78 billion.



“CST delivered strong results in 2014, due to an exceptional fourth quarter driven by near-record fuel margins and positive merchandise sales,” said Kim Lubel, chairman and CEO of CST Brands. “We continue to focus on growing our business, organically and through strategic acquisitions.”