Global Partners Reports Third-Quarter Revenue of $6.68 Billion, EPS of $1.26
Global Partners said third-quarter sales rose 42% year over year as higher product prices more than offset lower volumes. Net income and earnings per common unit increased; lower GDSO gasoline distribution margin and sundries weighed on results.
Global Partners’ sales rose 42% year over year in the third quarter as higher product prices more than offset lower volumes. Net income and earnings per common unit increased, supported by improved Wholesale market conditions, while lower GDSO gasoline distribution margin and sundries weighed on re…