Day: June 3, 2020

ISSAQUAH, Wash., June 03, 2020 (GLOBE NEWSWIRE) — Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $12.55 billion for the retail month of May, the four weeks ended May 31, 2020, an increase of 7.5 percent from $11.67 billion last year.For the thirty-nine weeks ended May 31, 2020, the Company reported net sales of $120.19 billion, an increase of 7.7 percent from $111.56 billion during the similar period last year.Comparable sales were as follows:Comparable sales excluding the impacts from change in gasoline prices and foreign exchange were as follows:Additional discussion of these results is available in a pre-recorded telephone message. It can be accessed by dialing 1-855-859-2056 (conference ID 1192907). This message will be available through 5:00 p.m. (PT) on Wednesday, June 10,...

MIAMI, June 03, 2020 (GLOBE NEWSWIRE) — International Money Express, Inc. (NASDAQ: IMXI), a leading money remittance services company focused primarily on the Latin America and Caribbean corridor, announced today that President, Chairman and Chief Executive Officer, Robert Lisy, and Chief Financial Officer, Tony Lauro, will participate in a virtual investor update hosted by Northland Securities. The event will take place at 1:00pm E.T. on Thursday, June 4 and be webcasted via our investor relations website https://investors.intermexonline.com/news-events/events. Interested parties should register at least 5-10 minutes prior to the start of the event.About International Money Express, Inc.At International Money Express, Inc. (NASDAQ: IMXI), the customer is at the center of everything we do.  We use proprietary technology that enables...

BUENA, N.J., June 03, 2020 (GLOBE NEWSWIRE) — Teligent, Inc. (NASDAQ: TLGT) (“Teligent” or the “Company”), a New Jersey-based specialty generic pharmaceutical company, announced today conversion rate adjustments for the Company’s 7.0% Cash / 8.0% PIK Series B Senior Unsecured Convertible Notes Due 2023 (the “Series B Notes”) and its 4.75% Convertible Senior Notes Due 2023 (the “4.75% Notes”). The conversion rate adjustments are being made pursuant to the indentures governing the Series B Notes and 4.75% Notes as a result of the Company’s previously announced one-for-ten reverse stock split. Prior to the reverse stock split, the conversion rates were 1,388.889 shares of Common Stock per $1,000 principal amount of the Series B Notes and 224.7191 shares of Common Stock per $1,000 principal amount of the 4.75% Notes. As a result of...

First quarter net sales decrease 57%Reopened 90 percent of stores to date with reduced hoursActions taken in response to COVID-19 to preserve liquidity            JACKSONVILLE, Fla., June 03, 2020 (GLOBE NEWSWIRE) — Stein Mart, Inc. (Nasdaq: SMRT) today provided sales and a range of operating results for the first quarter ended May 2, 2020. The Company plans to release its complete first quarter financial results no later than June 30.Financial Highlights(1) Operating Loss for the first quarter of 2020 excludes expected pre-tax non-cash long-lived asset impairment charges. The Company is in the process of completing its impairment assessment for long-lived assets.Financial Commentary and Business UpdateThe decrease in net sales for the first quarter of 2020 compared to the prior year reflects the temporary closure of all stores...

GREAT NECK, N.Y., June 03, 2020 (GLOBE NEWSWIRE) — One Liberty Properties, Inc. (NYSE: OLP), today announced the rescheduling of its 2020 Annual Meeting of Stockholders in light of the ongoing COVID-19 pandemic.  The Annual Meeting will be held at 60 Cutter Mill Road, Suite 303, Great Neck, NY  11021, on June 30, 2020 at 1:00 p.m., Eastern Time, rather than on June 10, 2020.  The Company requests that facemasks be worn by all attendees.Further information regarding the matters to be acted upon at the Annual Meeting is set forth in the proxy statement and other proxy materials for the Annual Meeting.  The proxy statement and the Company’s 2019 Annual Report to Stockholders are available at https://1liberty.com/annualmeetingmaterials.pdf.About One Liberty Properties:One Liberty is a self-administered and self-managed real estate investment...

ROCKFORD, Mich., June 03, 2020 (GLOBE NEWSWIRE) — Wolverine World Wide, Inc. (NYSE: WWW) (the “Company”) today provided a business update ahead of investor meetings taking place during the Baird 2020 Global Consumer, Technology, and Services Conference on June 4, 2020. The Company noted that while the COVID-19 pandemic greatly limited its global wholesale business during the first nine weeks of the second quarter, its powerful brands, strong digital capabilities, and diversified global business model have driven better-than-expected sales performance during this period. While the second quarter is still expected to be the most challenging quarter of fiscal 2020, the Company’s work to proactively maximize its strong eCommerce platform and implement cash generation initiatives is anticipated to result in more than $20 million of operating...

LA JOLLA, Calif., June 03, 2020 (GLOBE NEWSWIRE) — Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) today announced that Mac Armstrong, Chief Executive Officer and Founder, and Chris Uchida, Chief Financial Officer, are scheduled to present at the William Blair Annual Growth Stock Conference held virtually on June 10, 2020 at 4 p.m. (Central Time).Interested investors and other parties can access a live webcast of the presentation by visiting the Investors section of Palomar’s website at http://ir.palomarspecialty.com/.  An online replay will be available on the same website following the presentation.About Palomar Holdings, Inc.Palomar Holdings, Inc. is the ultimate parent and insurance holding company of its operating subsidiaries, Palomar Specialty Insurance Company and Palomar Specialty Reinsurance Company Bermuda...

MINNEAPOLIS, June 03, 2020 (GLOBE NEWSWIRE) — SPS Commerce, Inc. (NASDAQ: SPSC), a leader in retail cloud services, today announced that management will present at the Stifel 2020 Virtual Cross Sector Insight Conference on Tuesday, June 9, 2020 at 12:40 PM E.T.A webcast of the presentation will be available on the company’s investor relations website at http://investors.spscommerce.com/events.cfm.About SPS CommerceSPS Commerce is the world’s leading retail network, connecting trading partners around the globe to optimize supply chain operations for all retail partners. We support data-driven partnerships with innovative cloud technology, customer-obsessed service and accessible experts so our customers can focus on what they do best. To date, more than 90,000 companies in retail, distribution, grocery and e-commerce have chosen...