Global Partners (GLP) Reports Q4 EPS of $1.47, Revenues Beat
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Global Partners Reports Fourth-Quarter and Full-Year 2018 Financial Results
March 7, 2019 8:00 AM ESTWALTHAM, Mass.--(BUSINESS WIRE)-- Global Partners LP (NYSE: GLP) today reported financial results for the fourth quarter and full year ended December 31, 2018.
We capped 2018 with a record fourth quarter in our Gasoline Distribution and Station Operations (GDSO) segment, said Eric Slifka, the Partnerships President and Chief Executive Officer. GDSO product margin increased more than $46 million in the quarter, primarily driven by significantly stronger than expected fuel margins in November and December and a full quarters performance of Champlain Oil and Cheshire Oil, which were acquired in July 2018.
Our full-year results... More
