Star Group Q3 revenue falls 7.8%, net loss widens

Reuters2025-08-07
<a href="https://laohu8.com/S/SGU">Star Group</a> Q3 revenue falls 7.8%, net loss widens

Overview

  • Star Group fiscal Q3 revenue falls 7.8% yr/yr due to lower product sales

  • Net loss increases to $16.6 mln, impacted by higher depreciation and interest expenses

  • Adjusted EBITDA loss of $10.6 mln, affected by reduced margins and sales volume

Outlook

  • Company focuses on growing propane and heating oil customer base

  • Company aims to improve service and installation profitability

Result Drivers

  • WARMER WEATHER - Co attributes reduced sales volume to 2% warmer temperatures compared to last year and 19.3% warmer than normal

  • CUSTOMER ATTRITION - Net customer attrition contributed to a 3.8% decline in home heating oil and propane volume

  • LOWER WHOLESALE COSTS - Decline in wholesale product costs led to decreased selling prices, impacting revenue

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Sales

$305.62 mln

Q3 Net Income

-$16.63 mln

Q3 Adjusted EBITDA

-$10.58 mln

Q3 Operating Income

-$19.18 mln

Q3 Pretax Profit

-$23.09 mln

Press Release: ID:nGNX8pV2Tf

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment