Business Context and Reporting Period
This Form 8-K is a current report filed by Suburban Propane Partners, L.P. on January 19, 2012. The filing primarily serves to disclose a Regulation FD event regarding the declaration of the Fiscal 2012 First Quarter distribution and to announce the scheduling of the 2012 Tri-Annual Meeting of Unitholders.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The document references a press release (Exhibit 99.1) containing the distribution declaration but does not include the financial figures within the body of this report.
Material Changes
No material changes to financial performance or operational status are detailed in this specific filing text. The report focuses on corporate governance events and distribution announcements rather than comparative financial analysis.
Guidance, Outlook, and Corporate Events
- Distribution Declaration: The Partnership announced its Fiscal 2012 First Quarter Distribution Declaration via a press release dated January 19, 2012.
- Unitholder Meeting: The Board of Supervisors set May 1, 2012 as the date for the 2012 Tri-Annual Meeting of Unitholders.
- Record Date: The record date for the meeting is established as the close of business on March 5, 2012.
- Meeting Agenda: Unitholders will be asked to elect all Supervisors for three-year terms and approve amendments to the Partnership's and its operating subsidiary's limited partnership agreements.
- Proxy Materials: The Partnership anticipates mailing proxy materials shortly after the record date.
Investor Verification Checklist
- Verify the specific dollar amount per unit for the Fiscal 2012 First Quarter distribution by reviewing Exhibit 99.1 (Press Release).
- Confirm the details of the proposed amendments to the limited partnership agreements to be voted on at the May 1, 2012 meeting.
- Check the upcoming proxy statement for the full list of Supervisors up for election.