secwatch.observer — SEC 8-K summary
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Issuer:     STAR GROUP, L.P. (SGU)
CIK:        0001002590
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0001171843-24-000669
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Star Group Q1 revenue down 18.5% to $528M; Adjusted EBITDA flat at $49M
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- Revenue $528.1M, down 18.5% from $648.2M; heating oil/propane volume fell 10.2% to 80.1M gallons.
- Net income $13.0M vs $13.6M in prior-year quarter; decrease of $0.6M.
- Adjusted EBITDA $49.0M, virtually unchanged year-over-year despite warmer weather.
- Temperatures were 9.6% warmer than prior year and 13.8% warmer than normal.
- CEO notes two strategic acquisitions closed in February on Long Island to strengthen market presence.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1002590/000117184324000669/0001171843-24-000669-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1002590/000117184324000669/f8k_020724.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-000669

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer