US EditionMurphy USA Misses Q1 Forecasts as Storms and Rising Expenses Weigh on Profits
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Murphy USA Misses Q1 Forecasts as Storms and Rising Expenses Weigh on Profits
Higher costs, severe storms and retail headwinds took a toll as fuel and convenience retailer Murphy USA (NYSE: MUSA) announced net income of $53 million, or $2.63 per share, for the first quarter of 2025. It’s a 19.4% decrease from the $66 million profit the company reported in the same quarter a year ago. The El Dorado-based convenience store chain reported total operating revenue of $4.53 billion, down from $4.84 billion in Q1 2024, and comp…
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