- Murphy USA (NYSE:MUSA) and Core-Mark Holding Company (NASDAQ:CORE) have renewed their supply agreement for next 5 years.
- Under the agreement, Core-Mark will continue to serve as the primary wholesale distributor to Murphy USA, delivering over 75% of the fresh, food and broad-line merchandise sold in their stores.
- "We are committed to helping Murphy USA drive growth in sales and margins under this new agreement, strategically aligned to enable both Murphy USA and Core-Mark to benefit from their strategic focus on expanding their food and fresh offering," says Core-Mark President and CEO Scott E. McPherson.
- Previously (Jan. 20): Murphy USA stock higher on guiding Q4 EPS above consensus