{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-015009","form_type":"8-K","ticker":"SPH","cik":"0001005210","company_name":"SUBURBAN PROPANE PARTNERS LP","filed_at":"2025-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.663879+00:00","generated_at":"2026-05-27T01:18:58.003695+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Suburban Propane Q1 net income $19.4M ($0.30/unit) down from $24.5M; volumes down 0.8% on warm weather","bullets":["Net income $19.4M ($0.30/unit) vs $24.5M ($0.38) YoY; Adjusted EBITDA flat at $75.3M.","Retail propane volumes 105.7M gallons (-0.8% YoY) as warm November and lower crop drying offset hurricane demand.","Total gross margin $226.2M (+6.3%) includes $3.6M unrealized gain; ex-mark-to-market down 0.5%.","Acquired propane business in NM/AZ for $53M; recorded $19.8M impairment on hydrogen & biofuels investments.","Quarterly distribution of $0.325/unit declared (annual $1.30), unchanged from prior quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-015009","json":"https://secwatch.observer/filing/0000950170-25-015009.json","markdown":"https://secwatch.observer/filing/0000950170-25-015009.md","text":"https://secwatch.observer/filing/0000950170-25-015009.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1005210/000095017025015009/0000950170-25-015009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1005210/000095017025015009/sph-20250206.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T01:18:58.003695+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"}