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CrossAmerica Partners Reports Decline in 2024 Financial Results

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CrossAmerica Partners Reports Decline in 2024 Financial Results

Crossamerica Partners ( (CAPL) ) has shared an announcement.

CrossAmerica Partners reported its financial results for the fourth quarter and full year of 2024, showing a decline in key financial metrics compared to 2023. The decrease was attributed to lower motor fuel margins and increased operating expenses due to site conversions, although there was growth in the retail segment’s gross profit and merchandise sales.

More about Crossamerica Partners

CrossAmerica Partners LP is a leading wholesale fuels distributor, convenience store operator, and owner and lessor of real estate used in the retail distribution of motor fuels.

YTD Price Performance: 6.23%

Average Trading Volume: 37,810

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $869M

For detailed information about CAPL stock, go to TipRanks’ Stock Analysis page.

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