secwatch.observer — SEC 8-K summary
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Issuer:     SUBURBAN PROPANE PARTNERS LP (SPH)
CIK:        0001005210
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001193125-26-210425
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Suburban Propane Q2 net income $137.5M ($2.07/unit); adjusted EBITDA flat at $175.3M
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- Net income $137.5M ($2.07/unit) vs $137.1M ($2.11); adj. EBITDA $175.3M flat YoY.
- Retail propane gallons sold 161.6M flat YoY; gross margin $343.7M down $1.6M.
- Reduced debt by $64.3M; consolidated leverage ratio improved to 4.34x.
- Quarterly distribution $0.325/unit declared, payable May 12, annualized $1.30.
- RNG PTC benefit $3.5M recognized; new facilities expected to add ~200K MMBtu/yr.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1005210/000119312526210425/0001193125-26-210425-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1005210/000119312526210425/sph-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-210425

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