Star Group will announce its Q2 fiscal 2025 results on May 7, followed by a conference call on May 8.
Quiver AI Summary
Star Group, L.P. announced it will release its fiscal 2025 second quarter results after trading on May 7, 2025, followed by a management conference call and webcast on May 8, 2025, at 11:00 a.m. Eastern Time. The company is a major provider of home heating products and services in the U.S., including the sale and servicing of heating and air conditioning equipment, primarily serving customers in the Northeast and Mid-Atlantic regions. Star is noted for being one of the largest retail distributors of home heating oil by sales volume. The press release also contains forward-looking statements regarding potential risks and uncertainties affecting the company's performance, including market conditions, regulatory impacts, and operational challenges. Investors can find additional information and risk factors in Star's SEC filings and on their website.
Potential Positives
- Star Group, L.P. will release its fiscal 2025 second quarter results, indicating transparency and commitment to investor communication.
- The scheduled webcast and conference call demonstrate the company's proactive engagement with shareholders and stakeholders, providing an opportunity to discuss financial performance directly.
- Star Group positions itself as a leading provider in the home heating market, emphasizing its status as the nation's largest retail distributor of home heating oil based on sales volume, which highlights its competitive advantage in the industry.
- The company offers a diverse range of products and services, including home heating oil, propane, and HVAC equipment, indicating its strong market presence and potential for revenue generation across multiple segments.
Potential Negatives
- The press release heavily emphasizes forward-looking statements that involve numerous risks and uncertainties, which may indicate potential instability in the company's future performance.
- It mentions various external factors that could adversely affect business operations, including geopolitical events, inflation, supply chain issues, and regulatory challenges, raising concerns about the company's ability to maintain profitability.
- The language used to describe the forward-looking statements suggests a lack of confidence in achieving expected outcomes, which may worry investors and stakeholders about the company's future outlook.
FAQ
When will Star Group release its second quarter results for fiscal 2025?
Star Group will release its fiscal 2025 second quarter results after the close of trading on May 7, 2025.
What time is the Star Group conference call for Q2 results?
The conference call will be held at 11:00 a.m. Eastern Time on May 8, 2025.
How can I access the Star Group earnings webcast?
The earnings webcast will be available on Star Group's website at www.stargrouplp.com.
What services does Star Group provide?
Star Group specializes in home heating products, HVAC services, and sells heating oil and propane.
Where can I find Star Group's SEC filings?
You can access Star Group's SEC filings at www.sec.gov and on their official website.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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Full Release
STAMFORD, Conn., May 02, 2025 (GLOBE NEWSWIRE) -- Star Group, L.P. (the “Company” or “Star”) (NYSE: SGU), a leading home energy distributor and services provider, today announced that it will release its fiscal 2025 second quarter results after the close of trading on May 7, 2025. Members of Star's management team will host a webcast and conference call at 11:00 a.m. Eastern Time the following day, May 8, 2025, to review the three and six months ended March 31, 2025.
The webcast will be accessible on the company’s website, at www.stargrouplp.com , and the telephone number for the conference call is 888-346-3470 (412-317-5169 for international callers).
About Star Group, L.P.
Star Group, L.P. is a full service provider specializing in the sale of home heating products and services to residential and commercial customers to heat their homes and buildings. The Company also sells and services heating and air conditioning equipment to its home heating oil and propane customers and, to a lesser extent, provides these offerings to customers outside of its home heating oil and propane customer base. Star also sells diesel, gasoline and home heating oil on a delivery only basis. We believe Star is the nation's largest retail distributor of home heating oil based upon sales volume. Including its propane locations, Star serves customers in the more northern and eastern states within the Northeast and Mid-Atlantic U.S. regions. Additional information is available by obtaining the Company's SEC filings at www.sec.gov and by visiting Star's website at www.stargrouplp.com, where unit holders may request a hard copy of Star’s complete audited financial statements free of charge.
Forward Looking Information
This news release includes "forward-looking statements" which represent the Company’s expectations or beliefs concerning future events that involve risks and uncertainties, including the impact of geopolitical events on wholesale product cost volatility, the price and supply of the products that we sell, our ability to purchase sufficient quantities of product to meet our customer’s needs, rapid increases in levels of inflation, the consumption patterns of our customers, our ability to obtain satisfactory gross profit margins, the effect of weather conditions on our financial performance, our ability to obtain new customers and retain existing customers, our ability to make strategic acquisitions, the impact of litigation, natural gas conversions and electrification of heating systems, pandemic and future global health pandemics, recessionary economic conditions, future union relations and the outcome of current and future union negotiations, the impact of current and future governmental regulations, including climate change, environmental, health, and safety regulations, the ability to attract and retain employees, customer credit worthiness, counterparty credit worthiness, marketing plans, cyber-attacks, global supply chain issues, labor shortages and new technology, including alternative methods for heating and cooling residences. All statements other than statements of historical facts included in this Report including, without limitation, the statements under “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and elsewhere herein, are forward-looking statements. Without limiting the foregoing, the words “believe,” “anticipate,” “plan,” “expect,” “seek,” “estimate,” and similar expressions are intended to identify forward-looking statements. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Actual results may differ materially from those projected as a result of certain risks and uncertainties. These risks and uncertainties include, but are not limited to, those set forth under the heading "Risk Factors" and "Business Strategy" in our Annual Report on Form 10-K (the "Form 10-K") for the fiscal year ended September 30, 2024. Important factors that could cause actual results to differ materially from the Company’s expectations ("Cautionary Statements") are disclosed in this news release and in the Company’s Form 10-K and our Quarterly Reports on Form 10-Q. All subsequent written and oral forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by the Cautionary Statements. Unless otherwise required by law, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise after the date of this news release.
CONTACT: | |
Star Group | Chris Witty |
Investor Relations | Darrow Associates, Inc. |
203/328-7310 | 646/438-9385 or [email protected] |