Suburban Propane Q3 net loss $17.5M; Adjusted EBITDA down 33% to $18.0M

SUBURBAN PROPANE PARTNERS LP

Net loss of $17.5M ($0.26/unit) vs. $14.8M ($0.23/unit) in prior-year Q3.
Adjusted EBITDA fell to $18.0M from $27.0M; retail propane volumes down 1.8% to 70.6M gallons.
Total gross margin flat at $160.3M; excluding mark-to-market, gross margin down $3.9M.
Repaid $36.2M in credit facility borrowings; issued $6.6M in common units under ATM program.
Quarterly distribution maintained at $0.325/unit ($1.30 annualized), payable Aug 11, 2026.

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