Business Context and Reporting Period
Company: Global Partners LP (GLP)
Filing Type: Form 8-K (Current Report)
Date of Report: May 9, 2019
Reporting Period: First Quarter 2019
Business Context: The filing announces the release of financial results for the first quarter of 2019. The company is a Delaware limited partnership with common units and preferred units traded on the New York Stock Exchange.
Key Financial Metrics
The provided text serves as a cover document referencing a press release (Exhibit 99.1) for detailed data. Consequently, specific numerical values for the following metrics are not present in this filing text:
- Revenue
- Profit (Net Income)
- Cash Flow
- Margins
- Debt Levels
- Liquidity Position
Note: The filing states that the press release contains both GAAP and non-GAAP financial measures, but the specific figures are not included in the 8-K text provided.
Material Changes
The filing text does not provide specific data regarding material changes in financial performance compared to the prior comparable period. It only confirms that the first quarter 2019 results have been issued.
Guidance, Outlook, and Risks
Management Commentary: The filing incorporates by reference a press release containing management commentary and financial results.
Non-GAAP Measures: The press release includes measures deemed non-GAAP, with reconciliations to GAAP measures provided therein.
Legal Disclaimer: The information furnished under Item 2.02 and Item 7.01, including the attached press release, is not deemed "filed" for purposes of Section 18 of the Exchange Act unless specifically stated otherwise by the Partnership.
Investor Verification Checklist
- Review Exhibit 99.1 (the Press Release dated May 9, 2019) for actual revenue, profit, and cash flow figures.
- Verify the reconciliation between non-GAAP measures and GAAP financial measures in the press release.
- Confirm the specific trading symbols (GLP for Common Units, GLP pr A for Preferred Units) on the New York Stock Exchange.
- Check for any subsequent filings that may incorporate the press release information as "filed" under the Exchange Act.