Day: July 14, 2023

Meritage Reports Second Quarter 2023 Results; Continued Solid Growth Ahead

Written by Customer Service on July 14, 2023. Posted in Earnings Releases And Operating Results.

GRAND RAPIDS, Mich., July 14, 2023 (GLOBE NEWSWIRE) — Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, today reported financial results for the second quarter ended July 2, 2023. Second Quarter HighlightsSales increased 9.7% to $176.6 million compared to $161.0 million for the same period last year. Earnings from Operations increased 14.9% to $8.9 million compared to $7.7 million for the same period last year. Net Earnings were $5.9 million compared to $6.0 million for the same period last year. Consolidated EBITDA (a non-GAAP measure) increased 7.6% to $15.6 million compared to $14.5 million for the same period last year.“The increase in sales during the second quarter was driven by a combination of same store sales growth, newly acquired locations, and new store openings. Our restaurant...

Old National Named Among Best Places to Work for Disability Inclusion in 2023

Written by Customer Service on July 14, 2023. Posted in Public Companies.

EVANSVILLE, Ind., July 14, 2023 (GLOBE NEWSWIRE) — (NASDAQ: ONB) – Old National Bank (Old National) was recognized as a top scorer and a “Best Place to Work for Disability Inclusion” in the 2023 Disability Equality Index (DEI), a joint initiative with the American Association of People with Disabilities. The DEI is a comprehensive benchmarking tool that helps companies build a roadmap of measurable, tangible actions toward disability inclusion and equality. Old National scored 100 out of 100 on the index. Those earning 80 and above are recognized by DEI as “Best Places to Work for Disability Inclusion.” “This recognition underscores Old National’s commitment to providing opportunities for individuals with disabilities at all levels of our organization,” said Jim Ryan, Old National CEO. “We firmly believe that championing inclusion...

Synthetic Leather Market to Surpass 66.84 Billion by 2030 Drives Due to the Increased Demand for Clothing

Written by Customer Service on July 14, 2023. Posted in Mergers And Acquisitions.

SkyQuest projects that the synthetic leather market will attain a USD 66.84 billion value by 2030, with a CAGR of 8% over the forecast period (2023-2030).The synthetic leather market is expected to grow in the coming years due to increased demand for shoes, cars, furniture, and clothing. However, there are concerns related to the raw materials used in synthetic leather production, particularly polyvinyl chloride (PVC). PVC is commonly used in synthetic materials but has been associated with potential health risks. Westford,USA, July 14, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the consumption of synthetic leather in the United States has witnessed a significant surge in recent times. The synthetic leather market has experienced a notable increase in demand, particularly in the automobile sector. The rising demand for synthetic...

FERRARI N.V. ANNOUNCES FINAL RESULTS OF THE CASH TENDER OFFER ON EURO NOTES

Written by Customer Service on July 14, 2023. Posted in Public Companies.

Maranello, Italy 14 July 2023 – Ferrari N.V. (NYSE/EXM: RACE) (Ferrari or the Company) hereby announces the final results of its invitation to eligible holders (subject to the offer restrictions referred to in the Tender Offer Memorandum (as defined below)) of the Company’s outstanding €650,000,000 1.500 per cent. Notes due 27 May 2025 (ISIN: XS2180509999) (the Notes) to tender their Notes for purchase by the Company for cash (the Offer). The Offer was announced on 6 July 2023 and was made on the terms and subject to the conditions set out in the tender offer memorandum dated 6 July 2023 (the Tender Offer Memorandum). Capitalised terms used in this announcement but not defined have the meanings given to them in the Tender Offer Memorandum. The Offer expired at 5.00 p.m. (Rome time) on 13 July 2023. The Company hereby announces...

Vitru Limited to Report Second Quarter 2023 Financial Results on August 10, 2023

Written by Customer Service on July 14, 2023. Posted in Public Companies.

FLORIANÓPOLIS, Brazil, July 14, 2023 (GLOBE NEWSWIRE) — Vitru Limited, or Vitru (Nasdaq: VTRU), today announced that it will report its second quarter 2023 financial results after the market closes on Thursday, August 10, 2023. Vitru will host a corresponding webcast at 04:30 p.m. Eastern time on that day. 2Q23 Results Presentation(Live webcast in English via Zoom click here)August 10, 202304:30 p.m. EST The event will be webcast live, and the audio and associated slides will be available on the News & Events section of Vitru’s Investor Relations website at https://investors.vitru.com.br. About Vitru Vitru is the leading pure distance learning education group in the postsecondary distance learning market in Brazil. Through its invested companies, Vitru provides a complete pedagogical ecosystem focused on hybrid distance learning...

Lakeland Bancorp Announces Date for Second Quarter Earnings

Written by Customer Service on July 14, 2023. Posted in Public Companies.

OAK RIDGE, N.J., July 14, 2023 (GLOBE NEWSWIRE) — Lakeland Bancorp, Inc. (NASDAQ: LBAI) (the “Company”) announced that it expects to report earnings for the second quarter ended June 30, 2023, on Thursday, July 27, 2023, at approximately 8:00 a.m. ET. A copy of the earnings release will be immediately available on its website. The Company will not be hosting an earnings conference call to review the second quarter 2023 results. About Lakeland Bancorp, Inc. At March 31, 2023, Lakeland Bancorp, Inc. had approximately $10.84 billion in total assets. With an extensive branch network and commercial lending centers throughout New Jersey and Highland Mills, New York, Lakeland Bank, a wholly-owned subsidiary of the Company, offers business and retail banking products and services. Business services include commercial loans and lines of...

Glen Burnie Bancorp Declares 2Q 2023 Dividend

Written by Customer Service on July 14, 2023. Posted in Dividend Reports And Estimates.

GLEN BURNIE, Md., July 14, 2023 (GLOBE NEWSWIRE) — Glen Burnie Bancorp (NASDAQ: GLBZ), parent company of The Bank of Glen Burnie®, announced that its Board of Directors declared a regular dividend of ten cents ($0.10) per share of common stock at their meeting on July 13, 2023. This action marks the company’s 124th consecutive dividend. The regular dividend is payable on August 7, 2023, to shareholders of record at the close of business on July 24, 2023. Glen Burnie Bancorp, parent company to The Bank of Glen Burnie, currently maintains consolidated assets totaling $363.6 million at June 30, 2023. Founded in 1949, The Bank of Glen Burnie is a community bank with eight branch offices serving Anne Arundel County, MD (www.thebankofglenburnie.com). Certain information contained in this news release, which does not relate to historical...

United-Guardian Announces Mid-Year Dividend

Written by Customer Service on July 14, 2023. Posted in Dividend Reports And Estimates.

HAUPPAUGE, N.Y., July 14, 2023 (GLOBE NEWSWIRE) — United-Guardian, Inc. (NASDAQ:UG) announced today that the company’s Board of Directors, at its meeting on July 12, 2023, declared a cash dividend of $0.10 per share, to be paid on August 2, 2023, to all stockholders of record as of the close of business on July 26, 2023. This will be the 28th consecutive year that the company has paid a dividend. Donna Vigilante, President of United-Guardian, stated, “I am pleased to report that the company’s Board of Directors has decided to distribute a dividend of 10 cents per share to our stockholders. While this dividend will represent a lower percentage of our earnings than in previous years, the Board of Directors has chosen to retain more of the Company’s earnings as we embark on a new phase of growth development. We are in the process...

Hawkins, Inc. Expands Water Treatment Footprint with Acquisition of EcoTech Enterprises, Inc.

Written by Customer Service on July 14, 2023. Posted in Public Companies.

ROSEVILLE, Minn., July 14, 2023 (GLOBE NEWSWIRE) — Hawkins, Inc. (Nasdaq: HWKN), a leading specialty chemical and ingredients company, has added its 40th Water Treatment location by completing the acquisition of EcoTech Enterprises, Inc. (“EcoTech”). EcoTech manufactures, blends, packages and distributes water treatment chemicals for its customers throughout Arkansas and surrounding states. “As we continue to execute on our strategy to grow our water treatment business, we believe this tuck-in acquisition will allow us to accelerate our growth in Arkansas and the surrounding region. Ecotech has built a strong business that is well-connected with the local community and we intend to maintain those connections. I would like to welcome the EcoTech team to the Hawkins organization and look forward to our continued growth together,”...

Nemaura Medical Reports Financial Results and Provides Business Update for the Fiscal Year Ended March 31, 2023

Written by Customer Service on July 14, 2023. Posted in Public Companies.

Loughborough, England, July 14, 2023 (GLOBE NEWSWIRE) — Nemaura Medical, Inc. (Nasdaq: NMRD) (“Nemaura” or the “Company”), a medical technology company focused on developing and commercializing a daily disposable, wearable glucose sensor and supporting personalized lifestyle coaching programs, today provides a business update and financial results for the fiscal year ended March 31, 2023. Corporate Highlights: Entered into a Registered Direct Offering and concurrent Private Placement for gross proceeds of approximately $8.4 million (before expenses). Signed a preliminary agreement with Eversana to support a planned commercial launch of its Diabetes and Metabolic Health programs in the USA. Announced initial patient data from UK NHS (National Health Service) Miboko Study that thus far demonstrated weight loss in 100% of...

Day: July 14, 2023

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