ALLENTOWN, Pa. (AP) — ALLENTOWN, Pa. (AP) — CrossAmerica Partners LP (CAPL) on Wednesday reported second-quarter profit of $11.8 million.
The Allentown, Pennsylvania-based company said it had profit of 31 cents per share. Earnings, adjusted for non-recurring gains, came to 16 cents per share.
The wholesale fuels distributor posted revenue of $1.13 billion in the period.
CrossAmerica shares have decreased 16% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $19.21, rising slightly in the last 12 months.
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