CrossAmerica Partners(CAPL) - 2021 Q2 - Earnings Call Presentation

Second Quarter 2021 Performance - Wholesale fuel volume increased by 27%, reaching 332 million gallons in 2Q21 compared to 260 million gallons in 2Q20 [4] - Wholesale fuel margin declined by 15%, from 108 cents in 2Q20 to 92 cents in 2Q21 [4] - Motor Fuel Gross Profit from the Wholesale Segment increased by 8%, amounting to $305 million in 2Q21 versus $282 million in 2Q20 [4] - Retail Segment's Gross Profit increased by $52 million or 32% year-over-year, reaching $211 million in 2Q21 compared to $159 million in 2Q20 [4] - Net Income decreased by 8%, from $5230 thousand in 2020 to $4789 thousand in 2021 [6] - Gross Profit increased by 13%, from $57648 thousand to $65094 thousand [6] - Adjusted EBITDA increased by 7%, from $27721 thousand to $29705 thousand [6] - Distributable Cash Flow decreased by 4%, from $26047 thousand to $25005 thousand [6] Capital and Credit Facility - Capital expenditures were $113 million during the second quarter of 2021 [8] - Leverage, as defined under the credit facility, was 442X as of June 30, 2021 [7] - A new $200 million senior secured credit facility was entered into on July 16, 2021, to fund the acquisition of 106 convenience store properties from 7-Eleven [9]