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Stock impact report

Suburban Propane Partners, L.P. Announces Full Year and Fourth Quarter Results [Yahoo! Finance]

Suburban Propane Partners, L.P. (SPH) 
Last suburban propane partners, l.p. earnings: 2/6 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Fiscal Year 2024 Results Fiscal year 2024 included 52 weeks of operations compared to 53 weeks reported in the prior year. Net income for fiscal 2024 was $74.2 million , or per Common Unit, compared to $123.8 million , or per Common Unit, in fiscal 2023. Adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA, as defined and reconciled below) was $250.0 million for fiscal 2024, compared to $275.0 million in the prior year. In announcing these results, President and Chief Executive Officer Michael A. Stivala , said, "Fiscal year 2024 was characterized by unseasonably warm temperatures during the peak winter heating months that continued into the third quarter, with periods of extreme heat in certain parts of the country. Despite the challenging weather, propane volumes were down just 3% compared to the prior year, excluding the impact of the additional week of operations in fiscal 2023 -- with volumes benefitting from our organic customer base Show less Read more
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