{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-020376","form_type":"8-K","ticker":"CAPL","cik":"0001538849","company_name":"CrossAmerica Partners LP","filed_at":"2024-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.552416+00:00","generated_at":"2026-06-05T11:45:40.846284+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"CrossAmerica Q4 net income $16.7M, adj. EBITDA $47.6M; full year net income down 33%","bullets":["Q4 2023 net income $16.7M (vs $17.1M YoY); adjusted EBITDA $47.6M (vs $44.3M).","Full year 2023 net income $42.6M, down from $63.7M; adjusted EBITDA $165.8M vs $179.8M.","Retail segment Q4 gross profit $69.0M (+14% YoY); wholesale $33.0M (flat).","Leverage ratio 4.2x at Dec 2023, up from 3.7x a year earlier.","Distribution coverage ratio Q4 1.80x; full year 1.46x vs 1.77x in 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-020376","json":"https://secwatch.observer/filing/0000950170-24-020376.json","markdown":"https://secwatch.observer/filing/0000950170-24-020376.md","text":"https://secwatch.observer/filing/0000950170-24-020376.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1538849/000095017024020376/0000950170-24-020376-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1538849/000095017024020376/capl-20240226.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T11:45:40.846284+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":"a887ba6085ce709da50acd3c1259537ad57da8d9","claim":"CrossAmerica Partners LP reported Full Year 2023 results: net income $42.6 million.","evidence_excerpt":"Generated Full Year 2023 Net Income of $42.6 million, Adjusted EBITDA of $165.8 million and Distributable Cash Flow of $116.7 million compared to Full Year 2022 Net Income of $63.7 million, Adjusted EBITDA of $179.8 million and Distributable Cash Flow of $140.9 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1538849/000095017024020376/0000950170-24-020376-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full Year 2023"},{"label":"Net income","value":"$42.6 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ec784487f43907184a8950bb16f4ff8dabd40401","claim":"CrossAmerica Partners LP reported Fourth Quarter 2023 results: net income $16.7 million.","evidence_excerpt":"Reported Fourth Quarter 2023 Net Income of $16.7 million, Adjusted EBITDA of $47.6 million and Distributable Cash Flow of $35.8 million compared to Fourth Quarter 2022 Net Income of $17.1 million, Adjusted EBITDA of $44.3 million and Distributable Cash Flow of $33.3 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1538849/000095017024020376/0000950170-24-020376-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fourth Quarter 2023"},{"label":"Net income","value":"$16.7 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"}