Global Partners LP reported sales of $4,592.2 million for the first quarter ended March 31, 2025, an increase from $4,145.39 million in the prior year. The company achieved a net income of $14.27 million for the quarter, a significant turnaround from a net loss of $8.74 million in Q1 2024.
Basic earnings per share from continuing operations stood at $0.37, compared to a basic loss per share of $0.37 in the same period last year. Diluted earnings per share from continuing operations was $0.36, also a reversal from a diluted loss per share of $0.37 in Q1 2024.
CEO Eric Slifka highlighted solid year-over-year growth in earnings and cash flow for the first half of 2025, attributing the performance to the company's diversified asset base and disciplined execution. This strong quarterly performance indicates improved profitability and effective operational management.
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