CORE Stock presentation February 12, 2010

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I gave this presentation on February 12, 2010 to the College of William and Mary Batten Fund. The fund is a group of MBA students who manage a real equity portfolio. Members present their investment recommendations and the groups decides whether or not to act on the advice.

Economy & Finance Real Estate

Nasdaq: CORE Chris Benson, Analyst The College of William Mary

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http://www.core-mark.com/assets/_pdf/Currentslidedeck.pdf

Scope Locations Served (146,000) Distribution Centers Sales Debt Core-Mark U.S & Canada 24,000 26 $6 Billion $0 McLane Worldwide 60,000 38 $30 Billion $0 H.T Hackney Southeast 20,000 ? ? ? Eby-Brown Midwest, Mid-Atlantic & Southeast 12,000 8 ? ? GSC Entr. Texas ? ? ? ? 350 small ops Local Few ? ? ?

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[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],http://www.berkshirehathaway.com/2003ar/2003ar.pdf 2003 2002 Sales $23,000 M $21,900 M Pre-tax Earnings $230 M $220 M Profit margin 1.00% 1.00%

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[object Object],http://finance.yahoo.com/

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