earnings
confidence high
sentiment positive
materiality 0.75
CrossAmerica Q1 net income $10.7M vs loss $7.1M; record Adj. EBITDA $35.1M
CrossAmerica Partners LP
2026-Q1 EPS reported
$0.26
revenue$841,830,000
- Adjusted EBITDA of $35.1M, up from $24.3M YoY; distributable cash flow $21.5M vs $9.1M.
- Retail gross profit rose 18% to $74.3M; merchandise margin improved to 29.7% from 27.9%.
- Wholesale gross profit fell 13% to $23.3M on lower rent and fuel margin.
- Leverage ratio improved to 3.35x from 4.27x; distribution declared $0.5250/unit, paid May 14.
- Maura Topper appointed CEO and Jon Benfield Interim CFO effective March 2, 2026.