secwatch.observer — SEC 8-K summary
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Issuer:     SUBURBAN PROPANE PARTNERS LP (SPH)
CIK:        0001005210
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0000950170-23-037609
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1005210/000095017023037609/0000950170-23-037609-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1005210/000095017023037609/sph-20230803.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-037609

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