secwatch.observer — SEC 8-K summary
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Issuer:     CrossAmerica Partners LP (CAPL)
CIK:        0001538849
Form:       8-K
Filed at:   2025-11-05T23:59:59+00:00
Accession:  0001193125-25-267180
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CrossAmerica Partners Q3 Net Income $13.6M, Adjusted EBITDA $41.3M; Distribution Coverage 1.39x
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- Net income $13.6M vs $10.7M Q3 2024; Distributable Cash Flow $27.8M vs $27.1M.
- Retail segment gross profit $80.0M (-4% YoY); motor fuel margin per gal $0.384 (-5% YoY).
- Wholesale segment gross profit $24.8M (-10%); volume 177.7M gal (-5% YoY).
- Sold 29 properties for $21.9M in Q3, net gain $7.4M; proceeds used to reduce debt.
- Leverage improved to 3.56x (from 4.36x Dec 2024); distribution maintained at $0.5250/unit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1538849/000119312525267180/0001193125-25-267180-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1538849/000119312525267180/capl-20251105.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-267180

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