Day: June 3, 2021

RPT Realty Selected as a 2021 Green Lease Leader by the Institute for Market Transformation and the U.S. Department of Energy’s Better Buildings Alliance

Written by Customer Service on June 3, 2021. Posted in Public Companies.

NEW YORK, June 03, 2021 (GLOBE NEWSWIRE) — RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that it was selected as a 2021 Green Lease Leader by the Institute for Market Transformation and the U.S. Department of Energy’s Better Buildings Alliance. The Green Lease Leader program recognizes landlords, tenants and partnering real estate practitioners from a variety of sectors that incorporate green leasing to drive high-performance and healthy buildings. RPT was awarded Gold recognition, the highest Green Lease Leader designation, for using green leases to protect occupant health, increase energy efficiency, modernize buildings and improve tenant-landlord relationships. “The Gold designation reflects our commitment to high performance and sustainability in buildings and best practice leasing,” said Brian Harper, President...

DD3 Acquisition Corp. II Receives Expected Notice from Nasdaq Regarding Delayed Quarterly Report

Written by Customer Service on June 3, 2021. Posted in Public Companies.

MEXICO CITY, June 03, 2021 (GLOBE NEWSWIRE) — DD3 Acquisition Corp. II (Nasdaq: DDMX) (the “Company”) today announced that it received a notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”) due to a delay in filing its Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 (the “Form 10-Q”) with the Securities and Exchange Commission (the “SEC”). The Notice has no immediate effect on the listing or trading of the Company’s securities on the Nasdaq Capital Market. Nasdaq informed the Company that, under Nasdaq’s listing rules, the Company has until July 26, 2021 to submit a plan to regain compliance with the Rule, provided that the Company will not be required to submit...

America First Multifamily Investors, L.P. Announces Sale of Vantage at Powdersville

Written by Customer Service on June 3, 2021. Posted in Public Companies.

OMAHA, Neb., June 03, 2021 (GLOBE NEWSWIRE) — America First Multifamily Investors, L.P. (NASDAQ: ATAX) (the “Partnership”) announced today that on May 27, 2021, Vantage at Powdersville, a 288-unit market rate multifamily property located in Powdersville, SC, was sold at the direction of the managing member of Vantage at Powdersville, LLC (the “Property Owner”). The Partnership’s investment in the property was originated in November 2017 and the Partnership previously contributed equity totaling approximately $10.7 million. As a result of the sale, the Partnership’s equity investment in the Property Owner was redeemed. At closing of the sale, the Partnership received net cash of approximately $19.4 million and will:Recognize investment income of approximately $2.4 million, Recognize a gain on sale of approximately $4.8 million,...

Rocktown Adventures Purchases Rock Cut State Park Concession and Rentals

Written by Customer Service on June 3, 2021. Posted in Mergers And Acquisitions.

Rocktown Adventures is now operating and managing Rock Cut’s Outdoor Store and Rentals, Lone Rock Café, Camp Store, and Olson Lake Beach Rockford, IL, June 03, 2021 (GLOBE NEWSWIRE) — Rocktown Adventures has purchased Rock Cut State Park Concession and is the new owner and operator. Through this acquisition, Rocktown Adventures is now managing Rock Cut State Park’s Outdoor Store and Rentals, Lone Rock Café, Camp Store, and Olson Lake Beach. Per the transfer of operations to Rocktown Adventures, the Outdoor Store and Camp Store opened for the 2021 summer season on May 21. Olson Beach opened on May 30, and the Lone Rock Café opened on June 2. Rocktown Adventures, an independently and locally owned specialty outdoor retailer and outfitter, has offered a retail location in downtown Rockford (313 N. Madison Street) since 2014. Providing...

EmployBridge to be Acquired by Apollo Funds

Written by Customer Service on June 3, 2021. Posted in Mergers And Acquisitions.

Transaction Expected to Accelerate Growth and Expand Capabilities NEW YORK and ATLANTA, June 03, 2021 (GLOBE NEWSWIRE) — Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today announced that funds managed by its affiliates (the “Apollo Funds”) have entered into a definitive agreement to acquire EmployBridge, the largest industrial staffing company in the United States. “EmployBridge is a leading provider of specialized workforce solutions and uniquely positioned to support the increasing and complex demands of corporations across the supply chain,” said Robert Kalsow-Ramos, Private Equity Partner at Apollo. “Looking forward, we see a significant opportunity to grow and enhance the EmployBridge platform through investments in technology and the associate experience and continuing...

Quanex Building Products Announces Second Quarter 2021 Results and Increases Full Year 2021 Guidance Again

Written by Customer Service on June 3, 2021. Posted in Earnings Releases And Operating Results.

Robust Revenue Growth Realized Across All Operating SegmentsSignificant Margin Expansion in NA and EU Fenestration SegmentsStrong Balance SheetRepaid $25 Million of Bank DebtPositive Outlook Remains Intact HOUSTON, June 03, 2021 (GLOBE NEWSWIRE) — Quanex Building Products Corporation (NYSE:NX) (“Quanex” or the “Company”) today announced its results for the three months ended April 30, 2021. The Company reported the following selected financial results: Three Months Ended April 30, Six Months Ended April 30,($ in millions, except per share data) 2021 2020 2021 2020 Net Sales $270.4 $187.5 $500.5 $384.1 Gross Margin $61.9 $37.7 $115.6 $76.9 Gross Margin % 22.9% 20.1% 23.1% 20.0% Net Income $14.5 $5.5 $22.4 $5.5 Diluted...

Zumiez Inc. Announces Record Fiscal 2021 First Quarter Results

Written by Customer Service on June 3, 2021. Posted in Earnings Releases And Operating Results.

Net Sales Increased 102.6% to $279.1 MillionDiluted Earnings Per Share Improved to $1.03 LYNNWOOD, Wash., June 03, 2021 (GLOBE NEWSWIRE) — Zumiez Inc. (NASDAQ: ZUMZ) a leading specialty retailer of apparel, footwear, equipment and accessories for young men and women, today reported results for the first quarter ended May 1, 2021. Net sales for the first quarter ended May 1, 2021 (13 weeks) increased 102.6% to $279.1 million from $137.8 million in the first quarter ended May 2, 2020 (13 weeks). Compared to the first quarter ended May 4, 2019 (13 weeks), first quarter 2021 net sales increased 31.1%. Net income in the first quarter of fiscal 2021 was $26.4 million, or $1.03 per diluted share, compared to a net loss of $21.1 million, or $(0.84) per diluted share, in the first quarter of the prior fiscal year. Net income for the first...

Joann Announces First Quarter Fiscal Year 2022 Results

Written by Customer Service on June 3, 2021. Posted in Earnings Releases And Operating Results.

Strong top line performance and significant expansion of gross margin Revenue and total comparable sales both increased 15.0% over the same period last year Net income increased $38.7 million to $15.1 million compared to the same period last year with diluted earnings per share (“EPS”) of $0.38 and adjusted EPS of $0.46 Adjusted EBITDA increased 165% to $57.5 million compared to the same period last year HUDSON, Ohio, June 03, 2021 (GLOBE NEWSWIRE) — JOANN Inc. (NASDAQ: JOAN) (“JOANN”), the nation’s category leader in sewing and one of the fastest growing competitors in the arts and crafts category, today reported results for its first fiscal quarter ending May 1, 2021. Wade Miquelon, JOANN’s President and Chief Executive Officer, said, “Our first quarter performance is a strong indication of the sustained momentum we have...

Five Below, Inc. Announces First Quarter Fiscal 2021 Financial Results

Written by Customer Service on June 3, 2021. Posted in Earnings Releases And Operating Results.

Net Sales increased 64% to $598 million and EPS increased 91% to $0.88 versus Q1 2019 Operating Profit grew over 2.5 times versus Q1 2019 PHILADELPHIA, PA, June 03, 2021 (GLOBE NEWSWIRE) — Five Below, Inc. (NASDAQ: FIVE) today announced financial results for the first quarter ended May 1, 2021. Given the lack of comparability to the first quarter of 2020, when the Company temporarily closed all of its stores due to COVID-19, results are also compared to the first quarter of 2019. For the first quarter ended May 1, 2021:Net sales increased by 197.6% to $597.8 million from $200.9 million in the first quarter of fiscal 2020 and by 63.9% from $364.8 million in the first quarter of fiscal 2019; comparable sales increased by 162.0% versus the first quarter of fiscal 2020. For the comparable subset of stores that were open in both the...

CN’s JJ Ruest and KCS’ Pat Ottensmeyer Emphasized Compelling Public Interest and Competitive Benefits of Transaction at Bernstein’s 37th Annual Strategic Decisions Conference

Written by Customer Service on June 3, 2021. Posted in Mergers And Acquisitions.

Figure 1CN’s JJ Ruest and KCS’ Pat Ottensmeyer Emphasized Compelling Public Interest and Competitive Benefits of Transaction at Bernstein’s 37th Annual Strategic Decisions ConferenceFully End-to-End Merger Will Provide Customers New Single-Line Service and Unchanged Number of Route Options Proposed Voting Trust Meets the Public Interest Test Under the Surface Transportation Board’s Current Merger Rules MONTREAL and KANSAS CITY, Mo., June 03, 2021 (GLOBE NEWSWIRE) — JJ Ruest, President and Chief Executive Officer of CN (TSX: CNR) (NYSE: CNI) and Patrick J. Ottensmeyer, President and Chief Executive Officer of Kansas City Southern (“KCS”) (NYSE: KSU) presented today at Bernstein’s 37th Annual Strategic Decisions Conference. In their prepared remarks and the fireside chat, both CEOs articulated how the combination...

Day: June 3, 2021

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