C-stores see growth below all-channel sales numbers.
Wells Fargo Securities, quoting Nielsen data, reported that the U.S. convenience store channel saw muted sale growth for the four-, 12- and 52-week periods ending Dec. 29, 2018.
Dollar sales growth was up +1.9% year-over-year (pricing +3.3% and volume -1.1%) reaching $8 billion in sales for the four-week period ended Dec. 29, 2018, compared to +0.7% for 12-weeks and 0.6% for 52-weeks.
Dollar sales growth for the major c-store categories in the latest four-week period was generally below all-channel results, (including food, drug, mass, club, dollar and c-stores).
Category Results for C-Stores vs All Channel Results
Cigarettes: -3.3% (vs -3.4% in all channels);
Beer-FMB (Flavored Malt Beverage)-Cider: -2.1% (vs. flat in all channels);
Energy: +11.7% (vs +12.3% in all channels);
Carbonated soft drinks (CSDs): +1.1% (vs. +3.9% in all channels);
Salty Snacks: +8.4% (vs +4.9% in all channels).
