Suburban Propane (SPH) Q3 Revenue Up 2%

Suburban Propane Partners (NYSE:SPH), one of the nation’s largest retail propane distributors, released results for its fiscal third quarter on August 7, 2025. The key headline: GAAP earnings per share missed expectations, coming in at $(0.23) compared to the analyst estimate of $(0.17). Revenue (GAAP) also fell below projections at $260.15 million versus the expected $270.0 million, though that total did mark a 2.2% increase compared to the third quarter of fiscal year 2024. Despite these misses, the company’s core propane sales volumes stayed steady, costs remained controlled, and the quarterly distribution was maintained at $0.325 per unit. Management cited continued debt reduction and stable platform investment, but overall, the period reflected little progress in profitability or volume growth compared to Q3 FY2024.

Source: Analyst estimates for the quarter provided by FactSet.

Suburban Propane Partners operates as one of the largest retail propane distributors in the United States, serving about one million customers across 42 states. Its main offering is retail propane that is used for home heating, cooking, agricultural uses, and small businesses. The company also sells refined fuels, natural gas, and electricity to a lesser extent, but propane supply remains its core business.

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Source Fool.com