secwatch.observer — SEC 8-K summary
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Issuer:     Four Corners Property Trust, Inc. (FCPT)
CIK:        0001650132
Form:       8-K
Filed at:   2026-07-29T20:52:54+00:00
Accession:  0001193125-26-324153
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FCPT Q2 rental revenue up 8% to $70M; record $268M acquisition; credit facility upsized to $1.15B
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- Q2 rental revenue $70.0M (+8.0% YoY); net income $30.0M ($0.27 diluted EPS).
- AFFO per diluted share $0.45 (+1.4% YoY); FFO per share $0.42 (flat).
- Acquired 23 properties for $57.2M in Q2; in July closed record $268M Mission Pet Health portfolio (102 buildings).
- Refinanced and upsized credit facility to $1.15B; new $400M term loan at SOFR+0.90%; leverage 5.2x net debt/EBITDAre.
- Transitioned to monthly dividends; declared $0.1222/share for July, Aug, Sep (from $0.3665 quarterly).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650132/000119312526324153/0001193125-26-324153-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650132/000119312526324153/fcpt-20260729.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-324153

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