CrossAmerica Partners(CAPL) - 2022 Q4 - Earnings Call Transcript
CrossAmerica Partners(CAPL)2023-03-01 03:44
Although our interest expense was impacted by the rising rate environment we experienced in 2022, as with prior periods, we continue to benefit from the interest rate swaps we have in place on $300 million of our revolving credit facility at an attractive swap rate of approximately 50 basis points. Growth-related capital spending during this quarter included continued investment in car wash upgrades and certain targeted store upgrade and rebranding work. For the full year of 2022, our capital expenditures t ...