{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-122490","form_type":"8-K","ticker":"CAPL","cik":"0001538849","company_name":"CrossAmerica Partners LP","filed_at":"2024-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.741046+00:00","generated_at":"2026-05-30T04:31:06.114709+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"CrossAmerica Q3 net income falls to $10.7M; DCF $27.1M, distribution held at $0.5250","bullets":["Net income $10.7M vs $12.3M YoY; adjusted EBITDA $43.9M vs $44.2M; distributable cash flow $27.1M vs $31.4M.","Retail segment gross profit up 24% to $83.6M on site conversions; wholesale gross profit down 16% to $27.6M.","Same-store retail fuel gallons flat YoY; merchandise gross margin slipped to 27.9% from 28.7%.","Leverage improved to 4.21x from 4.39x (Q2 2024); quarterly distribution maintained at $0.5250/unit.","Sold nine properties for $7.2M in Q3, net gain of $5.3M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-122490","json":"https://secwatch.observer/filing/0000950170-24-122490.json","markdown":"https://secwatch.observer/filing/0000950170-24-122490.md","text":"https://secwatch.observer/filing/0000950170-24-122490.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1538849/000095017024122490/0000950170-24-122490-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1538849/000095017024122490/capl-20241106.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T04:31:06.114709+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}