secwatch.observer — SEC 8-K summary
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Issuer:     FERRELLGAS PARTNERS FINANCE CORP (—)
CIK:        0001012493
Form:       8-K
Filed at:   2026-06-05T10:30:11+00:00
Accession:  0001104659-26-070705
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ferrellgas Q3 net earnings down 53% to $28M; completes Class B unit conversion
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- Net earnings attributable to Ferrellgas fell to $28.0M from $59.1M YoY; adjusted EBITDA $102.1M, down 11%.
- Gross profit up $2.2M (1%) as revenue decline offset by cost reduction; margin per gallon up 2%.
- Operating expense increased $29.0M primarily from $24.7M legacy casualty claims settlement (non-recurring).
- Completed conversion of 1.3M Class B Units into 6.5M Class A Units after $107M final distribution.
- Board changes: Pamela Breuckmann appointed Vice-Chair; Andrew Safran elected to Board.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1012493/000110465926070705/0001104659-26-070705-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/922358/000110465926070705/fgp-20260605x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-070705

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