TravelCenters of America closing restaurants on COVID uptick; Q2 misses expectations

Truck moving through TA travel center parking lot

After reopening some of its restaurants in May, TravelCenters of America (TA) (NASDAQ: TA) is in the process of closing restaurants again due to the “recent increase in COVID-19 infections in several states,” it reported in its second-quarter 2020 earnings press release.

On Wednesday, the operator of more than 260 travel plazas and truck stops in the U.S. and Canada reported adjusted earnings per share of 59 cents, almost four times the year-ago result. However, the company came in light of...

https://www.freightwaves.com/news/travelcenters-of-america-closing-restaurants-on-covid-uptick-q2-misses-expectations

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