Exhibit 99.1


earningsreleas_image2a08.jpg
FOR IMMEDIATE RELEASE
Contact:
Katie Strohacker, Senior Director of Investor Relations
(617) 796-8251
www.ta-petro.com
TravelCenters of America LLC Announces Second Quarter 2018 Financial Results
Robust Performance by Travel Centers Segment Including Truck Service Growth Programs;
Quarterly Loss Due to Impairment Charge
____________________________________________________________________________________

Westlake, OH (August 6, 2018): TravelCenters of America LLC (Nasdaq: TA) today announced financial results for the three and six months ended June 30, 2018:
(in thousands, except per share and per gallon amounts)
Three Months Ended
June 30,
 
Six Months Ended
June 30,
2018
 
2017
 
2018
 
2017
Total revenues
$
1,840,685

 
$
1,499,759

 
$
3,425,372

 
$
2,891,431

Loss before income taxes
(42,964
)
 
(5,303
)
 
(57,668
)
 
(53,976
)
Net loss
(33,924
)
 
(2,939
)
 
(44,002
)
 
(32,314
)
Net loss attributable to common shareholders
(33,978
)
 
(2,986
)
 
(44,090
)
 
(32,384
)
 
 
 
 
 
 
 
 
Net loss per common share attributable
   to common shareholders (basic and diluted)
$
(0.85
)
 
$
(0.08
)
 
$
(1.10
)
 
$
(0.82
)
 
 
 
 
 
 
 
 
Supplemental Data:
 
 
 
 
 
 
 
Fuel sales volume (gallons):
 
 
 
 
 
 
 
Diesel fuel
413,466

 
412,629

 
809,349

 
807,334

Gasoline
137,288

 
139,718

 
255,624

 
259,169

Total fuel sales volume
550,754

 
552,347

 
1,064,973

 
1,066,503

 
 
 
 
 
 
 
 
Fuel revenues
$
1,297,721

 
$
976,219

 
$
2,397,848

 
$
1,899,093

Fuel gross margin
88,792

 
91,764

 
182,351

 
164,927

Fuel gross margin per gallon
$
0.161

 
$
0.166

 
$
0.171

 
$
0.155

 
 
 
 
 
 
 
 
Nonfuel revenues
$
538,863

 
$
518,768

 
$
1,019,260

 
$
982,936

Nonfuel gross margin
310,829

 
294,175

 
593,231

 
561,972

Nonfuel gross margin percentage
57.7
%
 
56.7
%
 
58.2
%
 
57.2
%
 
 
 
 
 
 
 
 
Non-GAAP Measures:(1)
 
 
 
 
 
 
 
Adjusted net (loss) income
$
(2,354
)
 
$
405

 
$
(29,108
)
 
$
(20,615
)
Adjusted net (loss) income per common share
   attributable to common shareholders (basic and diluted)
$
(0.05
)
 
$
0.01

 
$
(0.72
)
 
$
(0.52
)
EBITDA
$
45,314

 
$
31,184

 
$
65,746

 
$
21,695

Adjusted EBITDA
36,308

 
36,622

 
34,594

 
35,491

(1)
A reconciliation from net loss and net loss per common share attributable to common shareholders, as applicable, the financial measures determined in accordance with general accepted accounting principles, or GAAP, to the non-GAAP measures disclosed herein are included in the supplemental tables below.

1

The following information was filed by Travelcenters Of America Llc (TA) on Monday, August 6, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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