CrossAmerica Q2 net income $14.5M; retail gross profit up to $66M

CrossAmerica Partners LP

2023-Q2 EPS reported $0.32 revenue$2,161,555,000

Net income $14.5M vs $14.0M YoY; Adjusted EBITDA $42.2M vs $41.4M; Distributable Cash Flow $30.4M.
Retail segment gross profit $66.0M (up from $55.5M); wholesale gross profit $31.7M (down from $33.5M).
Leverage ratio improved to 3.9x from 4.5x; distribution coverage 1.53x for Q2, 1.68x trailing.
Quarterly distribution declared $0.5250 per limited partner unit for Q2 2023.
Total fuel volume increased year-over-year in both wholesale and retail segments.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CrossAmerica Partners LP reported the quarter ended June 30, 2023 results: net income $14.5 million.

Period: the quarter ended June 30, 2023
Net income: $14.5 million
Result: reported results

Exact text from the filing

CrossAmerica Partners LP Reports Second Quarter 2023 Results - Reported Second Quarter 2023 Net Income of $14.5 million

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CrossAmerica Partners LP filing history →

Source: SEC EDGAR

accession 0000950170-23-039202

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