secwatch.observer — SEC 8-K summary
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Issuer:     CrossAmerica Partners LP (CAPL)
CIK:        0001538849
Form:       8-K
Filed at:   2021-08-10T23:59:59+00:00
Accession:  0001564590-21-042755
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CrossAmerica Q2 2021: Adj EBITDA up 7%; begins closing $263M 7-Eleven acquisition; appoints new CFO
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- Adjusted EBITDA $29.7M (+7% YoY); Distributable Cash Flow $25.0M vs $26.0M.
- Wholesale fuel gallons distributed 331.6M (+27% YoY); margin per gallon 9.2¢ (down 15%).
- Retail segment gross profit $21.1M vs $15.9M (+33% YoY).
- Began closing on $263M acquisition of 106 stores from 7-Eleven; expects immediate accretion.
- Appointed Maura Topper as CFO, effective Aug 11; salary $300K, eligible for incentive program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1538849/000156459021042755/0001564590-21-042755-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1538849/000156459021042755/capl-8k_20210809.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-042755

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