secwatch.observer — SEC 8-K summary
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Issuer:     SUBURBAN PROPANE PARTNERS LP (SPH)
CIK:        0001005210
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0000950170-24-093335
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Suburban Propane Q3 net loss $17.2M, adj. EBITDA $27.0M, retail gallons down 8.6% YoY
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- Net loss $17.2M ($0.27/unit) vs $5.3M loss a year ago; Adjusted EBITDA $27.0M vs $33.0M.
- Retail propane gallons sold 71.7M, down 8.6% YoY due to warmer weather; heating degree days 14% warmer than normal.
- Completed two propane acquisitions in NV and FL for over $12M; repaid $10.5M on credit facility.
- Quarterly distribution declared at $0.325/unit ($1.30 annualized), payable Aug 13 to holders of record Aug 6.
- RNG operations: Stanfield facility improvements increasing feedstock and daily injection; Columbus and Adirondack construction progressing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1005210/000095017024093335/0000950170-24-093335-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1005210/000095017024093335/sph-20240808.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-093335

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer