Global Partners Q2 net income drops to $25.2M from $46.1M; EBITDA falls 19%

GLOBAL PARTNERS LP

Net income $25.2M ($0.55/diluted unit) vs $46.1M ($1.10) in Q2 2024, down 45%.
Adjusted EBITDA $98.2M vs $121.1M; includes $2.8M loss on early debt extinguishment.
Gross profit $272.4M vs $287.9M; combined product margin $305.7M vs $319.6M.
CEO notes first-half 2025 net income +8%, adj. EBITDA +7%, adj. DCF +9% YoY.

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