Star Group FY26 Q3 net loss widens to $28 million; product sales rise 23.5% to $267 million - SGU News | RalliesStar Group FY26 Q3 net loss widens to $28 million; product sales rise 23.5% to $267 million
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SGU• Quarterly results and operating trends
- Star Group posted a GAAP net loss of $28 million for the quarter ended June 30, 2026, widening from $16.63 million a year earlier.
- GAAP product sales climbed 23.5% to $267 million, while retail home heating oil and propane volume fell 9.4% to 33 million gallons.
- Adjusted EBITDA loss widened to $17.72 million from $10.58 million, while GAAP interest expense held at $3.6 million.
- Marked-to-market GAAP derivatives swung to an $8.02 million charge from a $0.6 million credit, reflecting higher heating oil volatility.
- Wholesale heating oil jumped after Feb. 28, 2026, peaking at $4.61 per gallon; July 31 NYMEX ultra low sulfur diesel settled at $4.12.
