Business Context and Reporting Period
Company: Global Partners LP (GLP)
Filing Type: Form 8-K (Current Report)
Date of Report: August 6, 2021
Reporting Period: Second Quarter 2021 financial results.
Business Overview: The Partnership is a Delaware entity with principal executive offices in Waltham, Massachusetts. It trades on the New York Stock Exchange under the symbols GLP (Common Units), GLP pr A (9.75% Series A Preferred Units), and GLP pr B (9.50% Series B Preferred Units).
Key Financial Metrics
The provided filing text serves as a cover document referencing a press release (Exhibit 99.1) for detailed financial data. Consequently, specific numerical values for the following metrics are not present in the source text:
- Revenue: Not provided in filing text.
- Profit: Not provided in filing text.
- Cash Flow: Not provided in filing text.
- Margins: Not provided in filing text.
- Debt and Liquidity: Not provided in filing text.
The filing notes that the referenced press release contains both GAAP and non-GAAP financial measures, along with reconciliations between them.
Material Changes
The filing text does not contain specific data regarding material changes in financial performance compared to prior periods. It only confirms the issuance of the second quarter 2021 results.
Guidance, Outlook, and Risks
Management Commentary: The Partnership issued a press release on August 6, 2021, announcing Q2 2021 results. The filing incorporates this release by reference under Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure).
Legal Status of Information: The information furnished in this 8-K, including the press release, is not deemed "filed" under Section 18 of the Exchange Act unless specifically stated otherwise by the Partnership.
Risks and Contingencies: No specific risks or contingencies are detailed in the provided text.
Investor Verification Checklist
- Review Exhibit 99.1 (the August 6, 2021 Press Release) for actual revenue, earnings, and cash flow figures, as they are not included in the 8-K body text.
- Verify the reconciliation between GAAP and non-GAAP measures provided in the press release.
- Confirm the trading status of Common Units (GLP) and Preferred Units (GLP pr A, GLP pr B) on the NYSE.
- Note that the information in this filing is not legally "filed" under Section 18 of the Exchange Act unless explicitly incorporated by reference in a future filing.