Wawa Inc is a privately owned company, headquartered in Pennsylvania, United States. It is known for its convenience stores, dairy products, and made-to-order sandwiches. Wawa has become a popular brand in many cities, but its corporate headquarters remain in Pennsylvania. Due to its private ownership, many of the numbers behind Wawa's success are not readily available to the public.
However, if you want to own Wawa shares, you'll need to become an employee. Wawa offers its employees shares through an Employee Stock Ownership Plan (ESOP). The company also recently asked veteran employees who participated in a Wawa profit-sharing plan to exchange their savings for ESOP shares. Wawa is often compared to Sheetz due to their similar business models and roots in Pennsylvania.
The company offers a variety of hot breakfast items, including the famous Sizzli, as well as a delicatessen shop with touchscreen orders for sandwiches, hot sides, drinks and cold cuts. The company has broad competitors in the market such as Robinhood, Casey's General Store, Marathon Petroleum Corp, Hess Corp and more. Recently, Wawa has been filing collective complaints from customers who say their personal data was exposed to hackers for nine months last year due to malware. It is important to remember that these are the figures reported by Wawa, but they have not been independently verified.
For now, if you have your heart set on owning Wawa shares, you'll need to become an employee.