---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-037609"
form_type: "8-K"
ticker: "SPH"
cik: "0001005210"
company_name: "SUBURBAN PROPANE PARTNERS LP"
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T06:53:45.072430+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Suburban Propane Q3 net loss widens to $5.3M; adjusted EBITDA rises 13% to $33M

## Summary
- Net loss of $5.3M ($0.08/unit) vs $2.5M loss in prior-year Q3.
- Adjusted EBITDA $33.0M, up 13.2% from $29.2M, driven by 3.9% volume increase.
- Retail propane gallons sold 78.5M, up 3.9% YoY on cooler spring temperatures.
- Quarterly distribution of $0.325/unit ($1.30 annualized) declared.
- Repaid $20.5M on revolving credit; acquired a retail propane business on west coast.

## SEC filing metadata
- accession: 0000950170-23-037609
- form_type: 8-K
- ticker: SPH
- cik: 0001005210
- company_name: SUBURBAN PROPANE PARTNERS LP
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1005210/000095017023037609/0000950170-23-037609-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1005210/000095017023037609/sph-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-037609
- JSON: https://secwatch.observer/filing/0000950170-23-037609.json
- Plain text: https://secwatch.observer/filing/0000950170-23-037609.txt

## Key facts
- Earnings Releases
  SUBURBAN PROPANE PARTNERS LP reported third quarter ended June 24, 2023 results: net income Net loss for the third quarter of fiscal 2023 was $5.3 million, EPS $0.08 per Common Unit.
  - Period: third quarter ended June 24, 2023
  - Net income: Net loss for the third quarter of fiscal 2023 was $5.3 million
  - EPS: $0.08 per Common Unit
  - Result: reported results
  source text: Net loss for the third quarter of fiscal 2023 was $5.3 million, or $0.08 per Common Unit, compared to a net loss of $2.5 million, or $0.04 per Common Unit, in the fiscal 2022 third quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1005210/000095017023037609/0000950170-23-037609-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.