{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-019078","form_type":"8-K","ticker":"CAPL","cik":"0001538849","company_name":"CrossAmerica Partners LP","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.324834+00:00","generated_at":"2026-06-15T08:59:38.674074+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"CAPL Q1 net loss $1.0M, Adj EBITDA $31.7M, DCF $19.1M; credit facility upsized to $925M","bullets":["Q1 2023 net loss of $1.0M; Adjusted EBITDA $31.7M; Distributable Cash Flow $19.1M.","Wholesale segment gross profit $31.2M (up from $30.3M); Retail gross profit $50.8M (up from $48.5M).","Leverage ratio improved to 4.05x from 4.6x; TTM distribution coverage ratio 1.70x vs 1.39x.","New $925M credit facility (5-year term); quarterly distribution declared $0.5250 per unit.","Same-store volumes, store sales, and inside sales margin increased YoY in retail segment."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-019078","json":"https://secwatch.observer/filing/0000950170-23-019078.json","markdown":"https://secwatch.observer/filing/0000950170-23-019078.md","text":"https://secwatch.observer/filing/0000950170-23-019078.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1538849/000095017023019078/0000950170-23-019078-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1538849/000095017023019078/capl-20230508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T08:59:38.674074+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"341c2f8f7680f351b88c0d758cdc37d13200d6d0","claim":"CrossAmerica Partners LP reported the first quarter ended March 31, 2023 results: net income Net Loss of $1.0 million.","evidence_excerpt":"CrossAmerica Partners LP Reports First Quarter 2023 Results - Reported First Quarter 2023 Net Loss of $1.0 million, Adjusted EBITDA of $31.7 million and Distributable Cash Flow of $19.1 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1538849/000095017023019078/0000950170-23-019078-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Net income","value":"Net Loss of $1.0 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}