Global Partners Q4 sales miss estimates as wholesale business drags

Global Partners LP

27/02/2026 13:10

Overview

Energy terminal operator's Q4 sales missed analyst expectations

Net income for Q4 rose slightly compared to last year

Gasoline Distribution segment offset weaker Wholesale performance

Outlook

Company enters 2026 focused on disciplined execution and portfolio investment

Result Drivers

GASOLINE DISTRIBUTION - Strong performance in Gasoline Distribution and Station Operations driven by higher fuel margins, offsetting weaker Wholesale results

WHOLESALE CHALLENGES - Wholesale segment product margins decreased due to less favorable market conditions in gasoline and distillates

SALES VOLUME INCREASE - Total sales rose due to increased Wholesale volume, despite a decrease in prices

Company press release: ID:nBw7M2PHta

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Miss
$4.65 bln
$6.94 bln (1 Analyst)
Q4 EPS
$0.54
Q4 Net Income
$25.06 mln
Q4 Pretax Profit
Miss
$25.45 mln
$28.39 mln (1 Analyst)
Q4 Gross Profit
$263.08 mln
Q4 Operating Income
$57.30 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the oil & gas refining and marketing peer group is "buy."

Wall Street's median 12-month price target for Global Partners LP is $45.00, about 7% below its February 26 closing price of $48.37

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 13 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)