Crossamerica Partners Lp · NYSE:CAPL
Crossamerica Partners Lp — Q2 2026 Earnings Presentation
10 slides from Crossamerica Partners Lp's earnings presentation, Aug 5, 2026
Slide 1: Second Quarter 2026 Earnings Call
August 2026 Second Quarter 2026 Earnings Call Exhibit 99.2
Slide 2: Forward Looking Statement
Forward Looking Statement Statements contained in this presentation that state the Partnership’s or management’s expectations or predictions of the future are forward-looking statements. The words “believe,” “expect,” “should,” “intends,” “anticipates”, “estimates,” “target” and other similar expres
Slide 3: CrossAmerica Business Overview
CrossAmerica Business Overview Maura Topper, President & CEO
Slide 4: Second Quarter Operating Results
Second Quarter Operating Results OPERATING RESULTS (in thousands, except for margin per gallon and merchandise gross margin percentage) Three Months ended June 30, 2026 2025 % Change Retail Segment: Gross Profit $85,690 $76,127 13% Operating Expenses $48,695 $50,828 (4%) Operating Income $36,995 $25
Slide 5: CrossAmerica Financial Overview
CrossAmerica Financial Overview Jon Benfield, Chief Financial Officer
Slide 6: Second Quarter Financial Results
Second Quarter Financial Results OPERATING RESULTS (in thousands, except for distributions per unit and coverage) Three Months ended June 30, 2026 2025 % Change Net Income $20,812 $25,168 (17%) Adjusted EBITDA $51,769 $37,083 40% Distributable Cash Flow $33,581 $22,396 50% Distribution Paid per LP U
Slide 7: Capital Strength
Capital Strength Capital Expenditures Second quarter 2026 capital expenditures of $7.4 million with $2.5 million of growth capex Growth capital projects continue to focus on targeted renovations as well as projects to increase food offerings Leverage Credit facility balance at 06/30/26: $671.6 milli
Slide 8: Appendix
Appendix Second Quarter 2026 Earnings Call
Slide 9: Non-GAAP Financial Measures
Non-GAAP Financial Measures Non-GAAP Financial Measures We use the non-GAAP financial measures EBITDA, Adjusted EBITDA, Distributable Cash Flow and Distribution Coverage Ratio. EBITDA represents net income (loss) before deducting interest expense, income taxes and depreciation, amortization and accr
Slide 10: Non-GAAP Reconciliation
Non-GAAP Reconciliation The following table presents reconciliations of EBITDA, Adjusted EBITDA, and Distributable Cash Flow to net income, the most directly comparable U.S. GAAP financial measure, for each of the periods indicated (in thousands, except for per unit amounts): (a) Primarily includes
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