| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
46 |
| Employees |
8,500 |
| Revenues (TTM) (Millions $) |
17,183 |
| Net Income (TTM) (Millions $) |
66 |
| Cash Flow (TTM) (Millions $) |
-85 |
| Capital Exp. (TTM) (Millions $) |
22 |
Business Description
Core-Mark Holding Company Inc. is a leading wholesale distributor of consumer products in North America, specializing in food and non-food categories. The company operates in three segments: U.S. Distribution, Canada Distribution, and Corporate & Other. Core-Mark provides a wide range of products and services to convenience stores, grocery stores, drug stores, and other retail outlets in the U.S. and Canada.
The U.S. Distribution segment is the largest, generating around 87% of the company's revenue. It offers a comprehensive selection of products such as cigarettes, candy, snacks, beverages, foodservice, and health and beauty products. In Canada, Core-Mark offers similar products and services through its Canada Distribution segment, which generates the remaining 13% of the company's revenue.
Core-Mark operates a highly efficient and integrated supply chain network, which includes purchasing, sourcing, warehousing, and delivery capabilities. The company uses advanced technologies such as electronic ordering, inventory control, and data analytics to improve operational efficiency, reduce costs, and increase customer satisfaction.
The company's customer base is diverse and includes independent retailers, national and regional chains, and large discount stores. Core-Mark's success is built on its ability to meet the unique needs of each customer, providing customized solutions for inventory management, merchandising, and marketing.
In recent years, the company has actively pursued acquisitions to expand its product offerings and geographic reach. In 2018, Core-Mark acquired Farner-Bocken Company, a major distributor of packaged food and beverage products in the Midwest and Central regions of the U.S.
Core-Mark has a strong financial position, with a market capitalization of approximately $2.2 billion, as of 2021. The company has achieved consistent revenue growth over the past decade, driving strong earnings and cash flow. With a highly experienced management team and a proven track record of success, Core-Mark is well positioned to continue its growth trajectory in the highly competitive wholesale distribution industry.
Company Address: 1500 Solana Boulevard, Suite 3400 Westlake, 76262 TX
Company Phone Number: 293-8600 Stock Exchange / Ticker: NASDAQ CORE
|
%