Business Context and Reporting Period
This Form 8-K filing by Global Partners LP, dated October 22, 2014, reports a Regulation FD disclosure regarding a quarterly cash distribution declaration. The distribution covers the period from July 1, 2014, through September 30, 2014.
Key Financial Metrics
- Quarterly Distribution: $0.6525 per unit.
- Annualized Distribution: $2.61 per unit.
- Payment Date: November 14, 2014.
- Record Date: November 5, 2014.
The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity metrics.
Material Changes
The declared distribution represents the following increases compared to prior periods:
- 2.35% increase over the quarterly distribution of $0.6375 per unit paid in August 2014.
- 8.75% increase over the quarterly distribution of $0.60 per unit paid in November 2013.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or contingencies beyond the distribution announcement. The document explicitly states that the information is not deemed "filed" under Section 18 of the Exchange Act unless specifically incorporated by reference.
Investor Verification Checklist
- Verify the record date of November 5, 2014, to ensure eligibility for the distribution.
- Confirm the payment date of November 14, 2014.
- Review the attached press release (Exhibit 99.1) for any additional context not included in the 8-K summary.
- Note that this filing does not contain audited financial statements or operational performance data.