Company: CAPL
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000950170-25-028082
Chunk: 59

Company: CrossAmerica Partners LP
Filing Date: 2025-02-27
Form: 10-K
Item: Item 1A
Chunk 59
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 regulations may be material.

•A significant decrease in demand for motor fuel, including increased consumer preference for alternative motor fuels or improvements in fuel efficiency, in the areas we serve would reduce our ability to make distributions to our unitholders.

•Changes in U.S. trade policy, including the imposition of tariffs and the resulting consequences, may have a material adverse impact on our business, operating results and financial condition.

•Increased attention to environmental, social and governance (“ESG”) matters and conservation measures may adversely impact our business.

•Unfavorable weather conditions could adversely affect our business, financial condition and results of operations and reduce our ability to make distributions to unitholders.

•We depend on four principal suppliers for the majority of our motor fuel and one principal supplier for our merchandise.

•Negative events or developments associated with our branded suppliers could have an adverse impact on our revenues.

•We rely on our suppliers to provide trade credit to adequately fund our ongoing operations.

•We could be adversely affected by the creditworthiness and performance of our customers, suppliers and contract counterparties.

•Pending or future litigation could adversely affect our financial condition and results of operations. 

•The dangers inherent in the storage and transport of motor fuel could cause disruptions and could expose us to potentially significant losses, costs or liabilities.

•We depend on third-party transportation providers for the transportation of all of our motor fuel.

•Our motor fuel sales are generated under contracts that must be renegotiated or replaced periodically. 

•We rely on our information technology systems, network infrastructure and software as a service providers to manage numerous aspects of our business and could be adversely affected by the failure to protect sensitive customer, Topper Group employee or the Partnership's vendor data.

•Our debt levels and debt covenants may limit our flexibility in obtaining additional financing and in pursuing other business opportunities and our ability to make distributions to unitholders.

•An increase in interest rates may cause the market price of our common units to decline and a significant increase in or prolonged period of relatively higher interest rates could adversely affect our ability to service our indebtedness.

•We do not own all of the land on which our sites and certain facilities are located, which could result in increased costs and disruptions to our operations.

•We may not be able to lease sites we own or sub-lease sites we lease on favorable terms.

•We rely on DMI and other third parties to indemnify us for any costs or expenses that we incur for certain environmental liabilities and third-party claims.

11

•The Topper Group