Thanks to Wawa’s Increase in Share Price, a Number of Employees Retire as Millionaires

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Image via Danya Henninger, Billy Penn.

Wawa’s status as being privately owned ensures that the numbers behind its success are not readily accessible by the public.

However, a few fun facts explain how the Delco-based chain of convenience stores remains one of the most successful in the region, writes Danya Henninger for Billy Penn.

Wawa generated $10 billion in revenue last year. To put that figure in perspective, 7-Eleven generated $29 billion, but has 10 times more stores than Wawa.

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Also, people shopping at Wawa spend $7.42 per visit, which is 80 percent more than the industry average of $4.12.

The company’s workforce numbers more than 30,000 people, who jointly own more than 40 percent of the company. Thanks to the rise in the company’s share price from $900 in 2003 to its current $10,000, a number of employees retire as millionaires.

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Operating in six states, plus Washington, D.C., Wawa serves around 800 million customers every year.

Read more about Wawa at Billy Penn by clicking here.

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