---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-093062"
form_type: "8-K"
ticker: "CAPL"
cik: "0001538849"
company_name: "CrossAmerica Partners LP"
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T10:53:57.764437+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CrossAmerica Q2 net income $12.4M, down 14% YoY; retail gross profit up 16% to $76.6M

## Summary
- Net income $12.4M vs $14.5M in Q2 2023; adjusted EBITDA $42.6M vs $42.2M.
- Retail segment gross profit rose 16% to $76.6M on 9% higher fuel gallons; same-store fuel gallons fell 2%.
- Wholesale gross profit fell 11% to $28.1M on 12% lower volume from site conversions.
- Leverage improved to 4.39x from 4.49x in Q1 2024; distribution declared $0.525/unit.
- Sold ten properties for $11.9M with $6.5M gain; 59-site Applegreen acquisition closed in Q1/Q2.

## SEC filing metadata
- accession: 0000950170-24-093062
- form_type: 8-K
- ticker: CAPL
- cik: 0001538849
- company_name: CrossAmerica Partners LP
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1538849/000095017024093062/0000950170-24-093062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1538849/000095017024093062/capl-20240807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-093062
- JSON: https://secwatch.observer/filing/0000950170-24-093062.json
- Plain text: https://secwatch.observer/filing/0000950170-24-093062.txt

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