{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-038543","form_type":"8-K","ticker":"SPH","cik":"0001005210","company_name":"SUBURBAN PROPANE PARTNERS LP","filed_at":"2026-02-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.383863+00:00","generated_at":"2026-05-16T04:14:28.813684+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Suburban Propane Q1 net income $45.8M ($0.69/unit), up from $19.4M; Adj. EBITDA +10.8% to $83.4M","bullets":["Q1 volumes sold up 4.2% to 110.2M gallons on colder East temperatures; gross margin +15.9% to $239.5M.","Refinanced $350M 5.875% senior notes due 2027 with new 6.50% notes due 2035, extending maturities 3 years.","Acquired two propane businesses in California for $24M; RNG facility commissioning started in Upstate NY.","Quarterly distribution declared $0.325/unit ($1.30 annualized), payable Feb 10, 2026.","Consolidated Leverage Ratio improved to 4.57x from 4.99x YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-038543","json":"https://secwatch.observer/filing/0001193125-26-038543.json","markdown":"https://secwatch.observer/filing/0001193125-26-038543.md","text":"https://secwatch.observer/filing/0001193125-26-038543.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1005210/000119312526038543/0001193125-26-038543-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1005210/000119312526038543/sph-20260205.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T04:14:28.813684+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}