Global Partners LP (GLP) Q4 2022 Earnings Call Transcript

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Q4: 2023-02-27 Earnings Summary

EPS of $1.54 beats by $0.14
 | Revenue of $4.43B (8.19% Y/Y) misses by $80.19M

Global Partners LP (NYSE:GLP) Q4 2022 Earnings Conference Call February 27, 2023 10:00 AM ET

Company Participants

Sean Geary - Chief Legal Officer
Eric Slifka - CEO
Gregory Hanson - CFO
Mark Romaine - COO

Conference Call Participants

Gregg Brody - Bank of America

Operator

Good day, everyone, and welcome to the Global Partners Fourth Quarter 2022 Financial Results Conference Call. Today's call is being recorded. [Operator Instructions]

With us from Global Partners are President and Chief Executive Officer, Mr. Eric Slifka; Chief Financial Officer, Mr. Gregory Hanson; Chief Operating Officer, Mr. Mark Romaine; and Chief Legal Officer, Mr. Sean Geary.

At this time, I'd like to turn the call over to Mr. Geary for opening remarks. Please go ahead, sir.

Sean Geary

Good morning. Thank you for joining us. Today's call will include forward-looking statements within the meaning of Federal securities laws. These statements include projections, expectations and estimates concerning the future financial and operational performance of Global Partners, which are based on assumptions regarding market conditions, demand for liquid energy products and convenience store products, the regulatory and permitting environment, the forward product pricing curve and other factors, which could influence our financial results.

We believe these assumptions are reasonable given currently available information. Our assumptions and future performance are subject to a wide range of business risks uncertainties and factors, which are described in our filings with the Securities and Exchange Commission, which could cause actual results to differ materially from the Partnership's historical experience and present expectations or projections.

Global Partners undertakes no obligation to revise or update any forward-looking statements. Any material comments concerning future results of operations will be communicated through news releases, publicly announced conference calls or other means that will constitute public disclosure for the purposes of Regulation FD.

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