CrossAmerica Partners LP reports third quarter gross profit of $79.99 million
Reuters
Nov 06
CrossAmerica Partners LP reports third quarter gross profit of $79.99 million
CrossAmerica Partners LP reported third quarter 2025 net income of $13.6 million, up from $10.7 million in the same period of 2024. Gross profit in the retail segment was $80.0 million, a 4% decrease from $83.6 million in the prior year. Retail operating income declined by 6% to $29.3 million, and motor fuel gross profit fell 11% to $40.7 million. Merchandise gross profit increased 5% to $32.0 million. Retail margin per gallon was $0.38, a 5% decrease, with a 4% drop in gallons sold to 141.8 million. Same store sales excluding cigarettes rose 4% to $75.8 million, and merchandise gross margin percentage increased by 100 basis points to 28.9%. Adjusted EBITDA for the quarter was $41.3 million, compared to $43.9 million in the previous year. The company recorded $7.4 million in net gains from its ongoing real estate rationalization efforts during the quarter.
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