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Suburban Propane Partners, L.P. announced earnings for the second quarter of fiscal 2024, with a net income of $111.5 million and Adjusted EBITDA of $147.0 million. The warmer weather affected customer demand for heating purposes, leading to a decrease in retail propane gallons sold. Despite this, the company continues to focus on strategic growth initiatives, including renewable natural gas operations.
Suburban Propane Partners, L.P. collaborated with Operation Adopt A Soldier to create 500+ care packages for troops, including snacks, games, and letters from employees. The company collected donations from local Customer Service Centers and supports various community efforts. Operation Adopt A Soldier is a volunteer organization aiming to raise awareness of soldiers' sacrifices and provide comfort to troops. Both organizations are dedicated to supporting the military and giving back to the community.