CrossAmerica Partners LP Reports Q3 2025 Financial Results
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CrossAmerica Partners LP (CAPL) reported its Q3 2025 financial results, showing a net income of $13.6 million, up from $10.7 million in Q3 2024. Adjusted EBITDA declined from $43.9 million to $41.3 million. Key metrics include a gross profit of $80 million in retail and $24.8 million in wholesale, both down from last year. Operating expenses decreased by 5%, and leverage improved from 4.36 to 3.56 times. The distribution coverage ratio rose to 1.39 times, with a declared quarterly distribution of $0.5250 per unit. The company aims to enhance portfolio quality through strategic asset sales and operational efficiencies.
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