Star Group (SGU) Q3 FY26 earnings call

Star Group's Q3 FY26 results were primarily influenced by seasonal factors and net customer attrition, leading to a 9.4% decrease in Q3 heating oil and propane volumes despite colder temperatures. While the service and installation business showed strong gross profit growth, overall operating costs were elevated due to higher insurance claims, resulting in a net loss for the quarter. Year-to-date performance, however, reflected colder weather and acquisitions, driving a 3.3% volume increase and a $20 million rise in adjusted EBITDA.