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Smoking May Finally Catch Up With Core-Mark.

Authors :
Alpert, Bill
Source :
Barron's; 2/15/2016, Vol. 96 Issue 7, p22-22, 1p
Publication Year :
2016

Abstract

The article discusses the possibility for the shares of wholesale distributor Core-Mark Holding to drop as its earnings multiple goes for 13 times free cash flow. Topics include the growth of Core-Mark as its customer base benefit from store traffic driven by low gas prices, the company's small share of the convenience store market, and the high proportion of the company's revenue coming from cigarettes. Also mentioned is the possibility that Core-Mark will be affected by antismoking efforts.

Details

Language :
English
ISSN :
10778039
Volume :
96
Issue :
7
Database :
Supplemental Index
Journal :
Barron's
Publication Type :
Periodical
Accession number :
114178665