Ferrellgas Partners (FGP) Reports Q1 Loss of $0.46/Share

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Go back to Ferrellgas Partners (FGP) Reports Q1 Loss of $0.46/Share

Ferrellgas Partners, L.P. Reports First Quarter Fiscal 2020 Results

December 6, 2019 8:00 AM EST

Gross Profit increased by $10.4 million, or 7.2 percent, compared to the prior year period as a result of a 3 percent increase in retail customers and a 4 percent increase in tank exchange selling locations combined with a 4.2¢ increase in margin cpg.Propane sales volume for the quarter increased 1.3 million gallons despite weather that was 4 percent warmer than the prior year as a result of the growth in customer count.Successfully completed two accretive retail acquisitions during the quarter.

OVERLAND PARK, Kan., Dec. 06, 2019 (GLOBE NEWSWIRE) --... More