Ryman Hospitality Properties, Inc. Successfully Completes Refinancing of $700 Million Credit Facility and $500 Million Term Loan B

Written by Customer Service on May 18, 2023. Posted in Public Companies.

NASHVILLE, Tenn., May 18, 2023 (GLOBE NEWSWIRE) — Ryman Hospitality Properties, Inc. (NYSE: RHP), a leading lodging and hospitality real estate investment trust (“REIT”) that specializes in upscale convention center resorts and leading entertainment experiences, today successfully completed a series of refinancing transactions that extends maturities of the $700 million Revolving Credit Facility and $500 million Term Loan B, and eliminates mortgage collateral requirements in its Credit Facility. Mark Fioravanti, President and Chief Executive Officer of Ryman Hospitality Properties, commented, “We are pleased to take advantage of current capital market conditions to refinance our credit facility and bolster an already solid balance sheet, with terms that provide us additional flexibility through the release of mortgage collateral....

Xcel Brands, Inc. Announces First Quarter 2023 Results

Written by Customer Service on May 18, 2023. Posted in Earnings Releases And Operating Results.

Company announces completion of its strategic transformation plan to shift its business model from a wholesale/production model to a modern, asset-light and highly profitable media and consumer products business model, resulting in approximately $13 million in annual cost savings. Company announces major new Halston licensing agreement, which will provide upfront cash payment in the second quarter 2023, and future guaranteed minimum royalties and significant minimum net sale requirements. Revenues for the quarter ended March 31, 2023, were $6.1 million, up from $4.1 million in the immediately-preceding quarter ended December 31, 2022. NEW YORK, May 18, 2023 (GLOBE NEWSWIRE) — Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), a media and consumer products company with over $4 billion in retail sales generated by its...

The Children’s Place to Webcast Review of First Quarter 2023 Financial Results

Written by Customer Service on May 18, 2023. Posted in Public Companies.

SECAUCUS, N.J., May 18, 2023 (GLOBE NEWSWIRE) — The Children’s Place, Inc. (Nasdaq: PLCE) today announced that, in conjunction with the release of its first quarter 2023 financial results, you are invited to listen to the Company’s conference call on Wednesday, May 24, 2023, beginning at 8:00 a.m. Eastern Time. To access the webcast, visit http://investor.childrensplace.com. An archive of the webcast can be accessed two hours after the live call has concluded. About The Children’s PlaceThe Children’s Place is the largest pure-play children’s specialty apparel retailer in North America. The Company designs, contracts to manufacture, sells at retail and wholesale, and licenses to sell fashionable, high-quality merchandise predominantly at value prices, primarily under the proprietary “The Children’s Place”, “Place”, “Baby Place”,...

Inspirato to Participate at the J.P. Morgan 51st Annual Global Technology, Media and Communications Conference

Written by Customer Service on May 18, 2023. Posted in Public Companies.

DENVER, May 18, 2023 (GLOBE NEWSWIRE) — Inspirato Incorporated (“Inspirato” or the “Company”) (NASDAQ: ISPO), the innovative luxury travel subscription brand, today announced that Web Neighbor, Chief Strategy Officer, will host investor meetings at the J.P. Morgan 51st Annual Global Technology, Media and Communications Conference: J.P. Morgan 51st Annual Global Technology, Media and Communications Conference Tuesday, May 23 – Wednesday, May 24, 2023Westin Copley Place Boston, Massachusetts About Inspirato Inspirato (NASDAQ: ISPO) is a luxury travel subscription company that provides exclusive access to a managed and controlled portfolio of curated vacation options, delivered through an innovative model designed to ensure the service, certainty, and value that discerning customers demand. The Inspirato portfolio includes...

ARCPOINT TO HOST CONFERENCE CALL TO PROVIDE BUSINESS UPDATE AND DISCUSS 2023 Q1 FINANCIAL RESULTS

Written by Customer Service on May 18, 2023. Posted in Public Companies.

Greenville, South Carolina, May 18, 2023 (GLOBE NEWSWIRE) — ARCpoint Inc. (TSXV: ARC) (the “Company” or “ARCpoint”) a leading US-based franchise system providing drug testing, alcohol screening, DNA and clinical lab testing services announces that it will host a conference call on Tuesday, May 23, 2023 at 3:15 pm Eastern time to review the Company’s 2023 Q1 financial results for the quarter ended March 31, 2023, and provide an operational update. The dial-in number for the conference call is as follows: Canada / USA Toll Free 1-800-319-4610International Toll 1-604-638-5340 Callers should dial in 5 – 10 min prior to the scheduled start time and ask to join the ARCpoint call: ARCpoint’s President and CEO, John Constantine commented “We are pleased to report that on a quarter over quarter basis, we increased...

Presto Announces Fiscal Third Quarter 2023 Financial Results

Written by Customer Service on May 18, 2023. Posted in Earnings Releases And Operating Results.

Continues Momentum of Drive-Thru Voice AI Automation by Adding Hardees and Carl’s Jr. as Customers SAN CARLOS, Calif., May 18, 2023 (GLOBE NEWSWIRE) — Presto Automation Inc. (NASDAQ: PRST), one of the largest drive-thru automation technology providers in the hospitality industry, today announced financial results for the fiscal third quarter ended March 31, 2023. “We believe this is an inflection point for the drive-thru automation market and we continue to increasingly focus our attention on the Voice segment of our business, including the announcement of our partnership with CKE Restaurants for participating drive-thrus nationwide to use our Presto Voice product,” said Krishna Gupta, interim CEO at Presto. “Our customers are learning about the revenue and efficiency benefits that Presto Voice can provide and that Voice AI in...

Cavco industries Reports Fiscal 2023 Fourth Quarter and Year End Results

Written by Customer Service on May 18, 2023. Posted in Earnings Releases And Operating Results.

PHOENIX, May 18, 2023 (GLOBE NEWSWIRE) — Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the fourth quarter and fiscal year ended April 1, 2023. On January 3, 2023, we completed the acquisition of Solitaire Homes, which operates four manufacturing lines and twenty-two retail locations. Since the acquisition date, the results of Solitaire Homes are included in Cavco’s consolidated financial statements. Quarterly Highlights Net revenue and Net income of $476 million and $47 million, respectively. Solitaire Homes contributed $28 million of Net revenue and had a pre-tax loss of $0.8 million, which includes expected purchase accounting adjustments. Gross profit as a percentage of Net revenue was 25.3% with factory-built housing gross profit as a percentage of Net revenue at 24.4%, down 30 bps and 10...

Abcourt announces Adjusted Net Earnings of $2.3 million for the Quarter ended March 31, 2023

Written by Customer Service on May 18, 2023. Posted in Earnings Releases And Operating Results.

ROUYN-NORANDA, Quebec, May 18, 2023 (GLOBE NEWSWIRE) — Abcourt Mines Inc. (“Abcourt” or the “Company”) (TSX Venture: ABI) announces its results for the three months ended March 31, 2023. All monetary values in this press release are expressed in Canadian dollars, unless otherwise indicated. Highlights for the Quarter ended March 31, 2023 Revenues of $6,230,336 for the quarter ended March 31, 2023, from the sale of gold ounces from the cleaning of the Sleeping Giant processing plant. Earnings of $2,089,828 and adjusted net earnings of $2,336,744, compared to a net loss of $1,342,164 and an adjusted net loss of $918,880 for the same period in 2022. Cost of sales of $2,007,760, compared to $6,333,486 in Q3-2022, a significant decrease explained by the cessation of mining operations at the Elder mine. Gold sales were 2,394 ounces...

Applied Materials Announces Second Quarter 2023 Results

Written by Customer Service on May 18, 2023. Posted in Earnings Releases And Operating Results.

Revenue $6.63 billion, up 6 percent year over year GAAP operating margin 28.8 percent and non-GAAP operating margin 29.1 percent, both down 1.5 points year over year GAAP EPS $1.86 and non-GAAP EPS $2.00, up 7 percent and 8 percent year over year, respectively Generated $2.29 billion in cash from operations SANTA CLARA, Calif., May 18, 2023 (GLOBE NEWSWIRE) — Applied Materials, Inc. (NASDAQ: AMAT) today reported results for its second quarter ended April 30, 2023. Second Quarter Results Applied generated revenue of $6.63 billion. On a GAAP basis, the company achieved gross margin of 46.7 percent, operating income of $1.91 billion or 28.8 percent of net sales, and earnings per share (EPS) of $1.86. On a non-GAAP adjusted basis, the company reported gross margin of 46.8 percent, operating income of $1.93 billion or 29.1 percent...

MedAvail Reports First Quarter 2023 Financial Results

Written by Customer Service on May 18, 2023. Posted in Earnings Releases And Operating Results.

PHOENIX, May 18, 2023 (GLOBE NEWSWIRE) — MedAvail Holdings, Inc. (Nasdaq: MDVL) (“MedAvail”), an innovative pharmacy technology company, today reported financial results for the first quarter ended March 31, 2023. “During the first quarter, we made good progress toward our mission of becoming a leader in the development and manufacture of pharmacy technology solutions in the short time since we announced the sale of certain of our SpotRx assets to CVS in January,” said Mark Doerr, Chief Executive Officer of MedAvail. “Our pipeline continues to grow, representing a mix of both new and existing partners, and we remain on track to achieve our previously stated goal of adding 25 net new dispensing MedCenters to our network this year. At the same time, we have continued to identify cost savings opportunities within our core technology...

Day: May 18, 2023

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