Global Partners (GLP) Misses Q2 EPS by 28c

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Go back to Global Partners (GLP) Misses Q2 EPS by 28c

Global Partners Reports Second-Quarter 2021 Financial Results

August 6, 2021 8:00 AM EDT

WALTHAM, Mass.--(BUSINESS WIRE)-- Global Partners LP (NYSE: GLP) today reported financial results for the second quarter ended June 30, 2021.

Increased activity at our gasoline stations and convenience markets drove strong performance in our Gasoline Distribution and Station Operations (GDSO) segment in the second quarter, said Eric Slifka, Globals President and Chief Executive Officer. Consistent with industry trends, retail fuel margins remained relatively healthy in the quarter despite the rising commodity price environment.

In our Wholesale segment, the impact of the extraordinary market events and the flattening of the forward-product pricing... More