Business Context and Reporting Period
Company: Global Partners LP (GLP)
Filing Type: Form 8-K (Current Report)
Date of Report: November 5, 2021
Reporting Period: Third Quarter 2021
Business Overview: The Partnership operates as a limited partnership with common units and preferred units (Series A and Series B) traded on the New York Stock Exchange. This filing serves to announce the release of third-quarter 2021 financial results.
Key Financial Metrics
The provided text is a cover sheet for the Form 8-K and does not contain specific numerical data regarding revenue, profit, cash flow, margins, debt, or liquidity. These metrics are referenced as being contained within the attached press release (Exhibit 99.1), which is not included in the input text.
Material Changes
The filing text does not provide specific details on material changes versus the prior comparable period. It only confirms that the press release contains measures that may be deemed non-GAAP financial measures and includes reconciliations to GAAP measures.
Guidance, Outlook, and Risks
Management Commentary: The Partnership issued a press release on November 5, 2021, announcing third-quarter 2021 results. The filing incorporates this press 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 report, including the press release, is not deemed "filed" for purposes of 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 the attached press release (Exhibit 99.1) for specific Q3 2021 revenue, net income, and cash flow figures.
- Verify the reconciliation between non-GAAP measures and GAAP financial measures as referenced in the press release.
- Confirm the trading status and terms of the 9.75% Series A and 9.50% Series B Preferred Units on the NYSE.
- Check for any subsequent filings that may incorporate this information as "filed" under the Exchange Act.