Global Partners Q1 net income surges to $70.1M ($1.85/unit) from $18.7M

GLOBAL PARTNERS LP

Net income of $70.1M vs $18.7M YoY; diluted EPS of $1.85 vs $0.36.
EBITDA advanced to $142.1M from $91.9M; Adjusted EBITDA $140.4M vs $91.3M.
Distributable cash flow rose to $96.4M (adjusted $96.8M) from $45.7M ($46.5M).
Gross profit of $332.2M up 30% YoY; Combined product margin $365.1M vs $288.6M.
CEO cites solid execution across all segments and disciplined capital allocation.

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