Day: June 8, 2022

The Lovesac Company Reports First Quarter Fiscal 2023 Financial Results

Written by Customer Service on June 8, 2022. Posted in Earnings Releases And Operating Results.

Net Sales Growth of 56.0%Comparable Sales Growth of 42.2%Net Income Decreases to $1.9 million from $2.1 million in the Prior Year Period Adjusted EBITDA1 Increases to $6.4 million from $5.3 million in the Prior Year Period STAMFORD, Conn., June 08, 2022 (GLOBE NEWSWIRE) — The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), the home furnishing brand best known for its Sactionals, The World’s Most Adaptable Couch™, today announced financial results for the first quarter of fiscal 2023, which ended May 1, 2022. Shawn Nelson, Chief Executive Officer, stated, “Lovesac’s strong performance in the first quarter exceeded expectations at the top and bottom lines and, perhaps more importantly, defied the macro headwinds that are negatively impacting consumers and the broader economy. These first quarter results build on...

THOR Industries Delivers Record Third Quarter Net Sales And Profitability

Written by Customer Service on June 8, 2022. Posted in Earnings Releases And Operating Results.

Continued RV Demand and Operating Excellence Drive Strong ResultsNet sales for the third quarter were $4.66 billion, an increase of 34.6% as compared to the third quarter of fiscal 2021. Consolidated gross profit margin for the third quarter was 17.3%, a 270 basis point improvement over the comparable prior-year period. Earnings per share for the third quarter were $6.32 per diluted share, an increase of 92.1% as compared to $3.29 per diluted share in the same period of the prior fiscal year. Consolidated RV backlog as of April 30, 2022 was $13.88 billion. During the third quarter, the Company repurchased approximately $40.0 million of common stock under its $250.0 million share repurchase program. During the third quarter, the Company made principal payments of approximately $124.6 million on its Term Loan. Subsequent to the end of...

Scorpio Tankers Inc. Announces an Update on Q2 2022 Events, Including the Q2 Daily TCE Revenues

Written by Customer Service on June 8, 2022. Posted in Public Companies.

MONACO, June 08, 2022 (GLOBE NEWSWIRE) — Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announces an update on Q2 2022 events, including the quarter to date Daily TCE Revenues. Second Quarter of 2022 Daily Time Charter Equivalent (“TCE”) Revenues Below is a summary of the average daily TCE revenue and duration of contracted voyages and time charters for the Company’s vessels (both in the pools and in the spot market) thus far in the second quarter of 2022:Vessel class Average daily TCE revenue (1) % of DaysLR2 $35,000 85%MR $34,000 85%Handymax $35,000 78%(1) TCE revenue, a Non-IFRS measure, is vessel revenues less voyage expenses (including bunkers and port charges). TCE revenue is included herein because it is a standard shipping industry performance measure used primarily to compare...

Crown Crafts Reports Fiscal 2022 Fourth Quarter and Full Year Results

Written by Customer Service on June 8, 2022. Posted in Earnings Releases And Operating Results.

Net sales increased 17.7% for the quarter and 10.4% for the full year Gross profit increased 10.1% for the quarter Balance sheet remains strongGONZALES, La., June 08, 2022 (GLOBE NEWSWIRE) — Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today reported results for the fourth quarter and fiscal year 2022, which ended April 3, 2022. “Our performance in the fourth quarter and full year of fiscal 2022 was a continuation of the growth we have experienced over the past two years,” said Olivia Elliott, President and Chief Executive Officer. “As we begin fiscal 2023, our Company remains financially strong, and we are excited about our opportunities for continued profitable growth in the future.” Financial Results Net income for the fourth quarter of fiscal 2022 was $2,435,000, or $0.24 per diluted share, on net sales of $25.7...

Kingsoft Cloud Announces Unaudited First Quarter 2022 Financial Results

Written by Customer Service on June 8, 2022. Posted in Earnings Releases And Operating Results.

BEIJING, June 08, 2022 (GLOBE NEWSWIRE) — Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced its unaudited financial results for the first quarter ended March 31, 2022. Mr. Yulin Wang, Chief Executive Officer of Kingsoft Cloud, commented, “Despite the rising uncertainty in the macro-environment and recent pandemic resurgence in China, we adhered to our strategy of pursuing steady and high-quality growth while improving our business stability and profitability. We are pleased to deliver another quarter of solid performance, with revenue up 20% year-over-year and adjusted gross profit increased by 152% quarter-over-quarter to RMB83.6 million. These results further testify to the resilience of our business, our execution capabilities,...

Dimensional Fund Advisors Ltd. : Form 8.3 – CAPITAL & COUNTIES PROPERTIES – Ordinary Shares

Written by Customer Service on June 8, 2022. Posted in Mergers And Acquisitions.

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION(a) Full name of discloser: Dimensional Fund Advisors Ltd. (“Dimensional”), in its capacity as investment manager and on behalf its affiliates who are also investment managers. Dimensional and its affiliates expressly disclaim beneficial ownership of the shares described in this form 8.3(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate...

Jiayin Group Inc. Reports First Quarter 2022 Unaudited Financial Results

Written by Customer Service on June 8, 2022. Posted in Earnings Releases And Operating Results.

— First Quarter Total Loan Origination Volume Grew 95.4% to RMB8,153 Million —— First Quarter Net Income Grew 54.3% to RMB144.6 Million — SHANGHAI, China, June 08, 2022 (GLOBE NEWSWIRE) — Jiayin Group Inc. (“Jiayin” or the “Company”) (NASDAQ: JFIN), a leading fintech platform in China, today announced its unaudited financial results for the first quarter ended March 31, 2022. First Quarter 2022 Operational and Financial Highlights:Loan origination volume1 was RMB8,153 million (US$1,286 million), representing an increase of 95.4% from the same period of 2021.Average borrowing amount per borrowing was RMB8,736 (US$1,378), representing an increase of 41.0% from the same period of 2021.Repeat borrowing rate2 was 70.1%, compared with repeat borrowing rate of 74.2% in the same period of 2021.Net revenue...

Annual General Meeting 2022

Written by Customer Service on June 8, 2022. Posted in Public Companies.

To Nasdaq OMX Copenhagen A/S Public announcement no. 522 June 8, 2022NOTICE OF ANNUAL GENERAL MEETING IN GLUNZ & JENSEN HOLDING A/S Glunz & Jensen Holding A/S announces that an annual general meeting for the company will be held on June 30th, 2022, at 15.00 at the company’s address: Glunz & Jensen Holding A/SSelandia Park 14100 Ringsted The notice is in accordance with the company’s financial calendar. The notice has been submitted in accordance with the company’s Articles of Association § 3. Shareholders will be offered a streaming service enabling the shareholders to follow the annual general meeting via live streaming. Please note that it is not possible to vote or submit questions through the streaming service. The Euronext Securities (former VP Services) website will be updated just prior to the...

Dimensional Fund Advisors Ltd. : Form 8.3 – Countryside Partnerships PLC

Written by Customer Service on June 8, 2022. Posted in Mergers And Acquisitions.

Sanofi launches its first Digital Accelerator fueled by new talent and focused on growth

Written by Customer Service on June 8, 2022. Posted in Public Companies.

Sanofi launches its first Digital Accelerator fueled by new talent and focused on growth Paris, June 8, 2022. Sanofi announces the launch of its first Digital Accelerator to foster its ambition to become a leading digital healthcare company. The Accelerator will develop products and solutions that will support Sanofi’s mission to transform the practice of medicine with the use of digital, data and artificial intelligence (AI). Based in Paris, it already brings together a team of over 75 experts from around the world and will continue to recruit top talent in digital product management, full stack development, and data science. The Digital Accelerator is committed to diversity with internal transfers, external hires, the launch of the Accelerator Academy to upskill the internal workforce and by partnering with the international non-profit...

Day: June 8, 2022

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