CrossAmerica Partners LP reports third quarter gross profit of $79.99 million
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CrossAmerica Partners LP reported a third quarter net income of $13.6 million, up from $10.7 million in 2024. Gross profit in the retail segment was $80.0 million, a 4% decrease from the previous year. Retail operating income fell 6% to $29.3 million, while motor fuel gross profit dropped 11% to $40.7 million. Merchandise gross profit increased by 5% to $32.0 million. Adjusted EBITDA for the quarter was $41.3 million, down from $43.9 million in the prior year. The company also recorded $7.4 million in net gains from real estate rationalization efforts.
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