TRCC's momentum is accelerating. Outlet traffic was up 22% and sales were up nearly 12% in the first quarter compared to last year, with similar gains at our TA Petro Travel Center.

May 7, 2026 / CEO / receipt, needs a key / Matt Walker, CEO | earnings call 2026-05-07 | transcript 65117762-7448-4e92-a461-2a7843e16126 | chars 3908-4089 | segment 3

The TA Petro joint venture continues to be our highest performing profit center. While reduced car and truck traffic impacted our sales last quarter, the opening of the new $600 million Hard Rock Tejon Casino in just a few days will be a real game changer. The casino should increase traffic to TRCC, benefiting all of our retail assets, including the TA travel centers, our retail, and the outlets at Tejon.

Nov 6, 2025 / CEO / receipt, needs a key / Matt Walker, CEO | earnings call 2025-11-06 | transcript 1862f37f-0e42-4314-bba2-ff3be19cf9a1 | chars 4521-4929 | segment 4