
QuikTrip is owned by QuikTrip Corporation, a privately held company headquartered in Tulsa, Oklahoma. The Cadieux family holds the majority stake, with employees owning roughly 20% through an employee stock ownership plan. Founded in 1958, the chain operates more than 1,250 stores in 23 states and generates estimated annual revenue above $14 billion.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| QuikTrip | QuikTrip Corporation | Wholly owned |
Burt Holmes and Chester Cadieux Sr. opened the first QuikTrip on September 25, 1958, in Tulsa, Oklahoma, inspired by the 7-Eleven convenience format Holmes had seen in Dallas. The store sold groceries, cigarettes and sundries to customers who wanted faster trips than supermarkets offered. Cadieux bought out Holmes within a few years and became the architect of the company's growth.
Expansion was deliberate. QuikTrip added gasoline sales in 1971 after merging with Wichita-based Shopeze, grew to 120 stores by the end of that year, and spread across the Midwest and South through the following decades. The chain passed 500 stores in 2008 and 1,000 in 2023, building its footprint market by market rather than scattering locations nationally.
A defining move was the push into fresh food. QuikTrip launched QT Kitchens, full-service counters inside stores serving made-to-order hoagies, pizza, pretzels and breakfast items, betting that foodservice would matter more than fuel as electric vehicles grew. The investment turned the chain into a direct competitor with quick-service restaurants, not just other convenience stores.
Chet Cadieux Jr., who joined the company in the 1970s and became CEO in 2002, presided over the acceleration. The chain entered new states steadily: its first Indiana store opened in Daleville in April 2025, and its first Utah location, a travel center, opened in July 2026. In February 2026 the company opened its 1,200th store in Morrow, Georgia, and it announced plans for more than 80 new stores in 2026 alone, the fastest buildout in its history.
The company is also rolling out its Gen 4 store design, a larger format emphasizing foodservice, outdoor seating and expanded parking, as it pushes past 1,250 stores in 23 states with approximately 34,000 employees.
Who owns QuikTrip?
QuikTrip is owned by QuikTrip Corporation, majority-controlled by the Cadieux family. Approximately 20% is owned by employees through an employee stock ownership plan. Chester "Chet" Cadieux Jr. serves as president and CEO.
Is QuikTrip a public company?
No. QuikTrip is privately held and does not publish financial statements. It has never been publicly traded or acquired.
How much revenue does QuikTrip generate?
Industry estimates place annual revenue above $14 billion, with some estimates exceeding $20 billion as of recent years. The company does not disclose official figures.
How many QuikTrip stores are there?
As of late 2026, QuikTrip operates more than 1,250 stores in 23 states, concentrated in the Midwest, South and Southwest. The company opened its 1,200th store in February 2026 and plans more than 80 new locations in 2026.
Where is QuikTrip headquartered?
QuikTrip Corporation is headquartered in Tulsa, Oklahoma, where it was founded in 1958. The company operates regional distribution centers and food commissaries serving its store markets.
Does QuikTrip franchise its stores?
No. QuikTrip owns and operates virtually all of its stores. The company-operated model is central to its control over pay, food quality and store standards.
QuikTrip's social impact centers on employment practices and community giving. The company pays above-market wages, offers tuition reimbursement and comprehensive benefits, and channels a share of pre-tax profits to charitable organizations in its markets. Its ESOP gives employees direct ownership stakes.
On environmental matters, the company has invested in energy-efficient store designs, LED lighting and alternative fuel offerings at select locations. It does not publish a comprehensive sustainability report at the level of public peers, reflecting its private status.
Product recalls. Like all food retailers, QuikTrip has periodically recalled prepared foods. In 2025 the company recalled certain QT Kitchens items over possible contamination risks, announced through the FDA recall system. These incidents have been limited in scope and resolved quickly.
Labor and wage debates. The company has largely avoided the labor controversies common in convenience retail, though it has faced occasional criticism over demanding store standards and scheduling expectations that accompany its high-pay model.
Market rivalry disputes. QuikTrip's 2024 entry into Oklahoma City ended a decades-long informal arrangement in which the chain and OnCue (formerly 7-Eleven of Oklahoma) stayed out of each other's home territories, prompting industry speculation about an old truce expiring.
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| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Bp | United Kingdom (parent BP) | 1978 | Mass market | United states | All Genders | |
| Energy Transfer | USA | 1886 | Market leader | United states | All-consumers | |
| Global Partners | USA | 2012 | Mass market | Regional | All Genders | |
| Chs | USA | 1983 | Mass market | United states | All Genders | |
| Global Partners | USA | 1933 | Mass market | United states | All Genders | |
| Global Partners | USA | 1920 | Mass market | Regional | All Genders |
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