---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-039202"
form_type: "8-K"
ticker: "CAPL"
cik: "0001538849"
company_name: "CrossAmerica Partners LP"
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T01:47:46.883290+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-23-039202
- form_type: 8-K
- ticker: CAPL
- cik: 0001538849
- company_name: CrossAmerica Partners LP
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1538849/000095017023039202/0000950170-23-039202-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1538849/000095017023039202/capl-20230807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-039202
- JSON: https://secwatch.observer/filing/0000950170-23-039202.json
- Plain text: https://secwatch.observer/filing/0000950170-23-039202.txt

## Key facts
- Earnings Releases
  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
  source text: CrossAmerica Partners LP Reports Second Quarter 2023 Results - Reported Second Quarter 2023 Net Income of $14.5 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1538849/000095017023039202/0000950170-23-039202-index.htm

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