Global Partners (GLP) Tops Q3 EPS by 25c

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Go back to Global Partners (GLP) Tops Q3 EPS by 25c

Global Partners Reports Third-Quarter 2021 Financial Results

November 5, 2021 8:00 AM EDT

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

Margin growth in all three segments highlighted a solid third quarter that demonstrated the resilience of our integrated business model, from our terminal network to our retail portfolio, said Eric Slifka, the Partnerships President and CEO. With COVID-19 restrictions eased, we continued to see improved demand across our portfolio.

GDSO (Gasoline Distribution and Station Operations) margins and volume posted double-digit percentage growth in the quarter, despite a significant increase in wholesale fuel prices... More