Company: CAPL
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001193125-25-267170
Chunk: 3

Company: CrossAmerica Partners LP
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 2
Chunk 3
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CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

This report includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Forward-looking statements include the information concerning our possible or assumed future results of operations, business strategies, financing plans, competitive position, credit ratings, distribution growth, potential growth opportunities, potential operating performance improvements, potential improvements in return on capital employed, the effects of competition and the effects of future legislation or regulations. You can identify our forward-looking statements by the words “anticipate,” “estimate,” “believe,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict,” “seek,” “should,” “will,” “would,” “expect,” “objective,” “projection,” “forecast,” “guidance,” “outlook,” “effort,” “target” and similar expressions. Such statements are based on our current plans and expectations and involve risks and uncertainties that could potentially affect actual results. These forward-looking statements include, among other things, statements regarding:

•future retail and wholesale gross profits, including gasoline, diesel and convenience store merchandise gross profits;

•our anticipated level of capital investments, including through acquisitions, and the effect of these capital investments on our results of operations;

•anticipated trends in the demand for, and volumes sold of, gasoline, diesel and convenience merchandise products in the regions where we operate;

•volatility in the equity and credit markets limiting access to capital markets;

•our ability to integrate acquired businesses;

•expectations regarding environmental, tax and other regulatory initiatives; and

•the effect of general economic and other conditions on our business.

In general, we based the forward-looking statements included in this report on our current expectations, estimates and projections about our company and the industry in which we operate. We caution you that these statements are not guarantees of future performance and involve risks and uncertainties we cannot predict. We anticipate that subsequent events and market developments will cause our estimates to change. In addition, we based many of these forward-looking statements on assumptions about future events that may prove to be inaccurate. Accordingly, our actual outcomes and results may differ materially from what we have expressed or forecasted in the forward-looking statements. Any differences could result from a variety of factors, including the following:

•the Topper Group’s business strategy and operations and the Topper Group’s conflicts of interest with us;

•availability of cash flow to pay the current quarterly distributions on our common units;