Welcome to our dedicated page for CrossAmerica Partners LP Common units representing partner interests news (Ticker: $CAPL), a resource for investors and traders seeking the latest updates and insights on CrossAmerica Partners LP Common units representing partner interests stock.
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CrossAmerica Partners LP reported a Net Loss of $17.5 million in Q1 2024, with Adjusted EBITDA of $23.6 million and Distributable Cash Flow of $11.7 million. The Gross Profit for Wholesale Segment decreased, while the Retail Segment saw an increase. Leverage increased to 4.49 times. The Distribution Coverage Ratio declined to 1.37 times. The company converted Applegreen lessee dealer locations to company operated sites. Quarterly distribution declared at $0.5250 per unit.