earnings
confidence high
sentiment positive
materiality 0.80
Global Partners Q3 net income $111.4M ($3.12/unit) vs $33.6M; Adj EBITDA $168.5M
GLOBAL PARTNERS LP
- Net income $111.4M ($3.12/diluted unit) vs $33.6M ($0.86) in Q3 2021.
- Adjusted EBITDA $168.5M vs $79.2M; DCF $128.0M vs $49.7M YoY.
- Gross profit $328.4M vs $203.1M; combined product margin $351.3M vs $223.9M.
- Acquired Tidewater Convenience with 15 retail sites in Virginia; GDSO portfolio totals 1,684 sites.
- CEO cites growth across all three segments; M&A pipeline remains active.