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Day: September 6, 2023

Sportsman’s Warehouse Holdings, Inc. Announces Second Quarter 2023 Financial Results

WEST JORDAN, Utah, Sept. 06, 2023 (GLOBE NEWSWIRE) — Sportsman’s Warehouse Holdings, Inc. (“Sportsman’s Warehouse” or the “Company”) (Nasdaq: SPWH) today announced financial results for the thirteen weeks ended July 29, 2023. “We were disappointed with our second quarter results and the slow-down in store traffic, as the challenging macroeconomic conditions continue to pressure consumer discretionary spending,” said Joseph Schneider, interim CEO and Chair of the Board. “Given results came in below our expectations, we are taking additional actions to reduce our overall expense structure to closer align with current sales trends. Additionally, we will be more aggressive and strategic with our promotional activity to drive foot traffic to our stores and leverage our omni-channel platform to provide consumers with an industry...

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Dave & Buster’s Reports Record Second Quarter 2023 Financial Results; Company Increases Remaining Share Repurchase Program Authorization to $200 Million

DALLAS, Sept. 06, 2023 (GLOBE NEWSWIRE) — Dave & Buster’s Entertainment, Inc., (NASDAQ: PLAY), (“Dave & Buster’s” or “the Company”), an owner and operator of entertainment and dining venues, today announced financial results for its second quarter ended July 30, 2023. Key Second Quarter 2023 HighlightsSecond quarter revenue of $542.1 million increased 15.7% from the second quarter of 2022. Including the pro forma contribution of Main Event in the second quarter of 2022, year-over-year revenue decreased $2.5 million, or 0.5%. Pro forma combined comparable store sales (including Main Event branded stores) decreased 6.3% compared with the same period in 2022 and increased 5.8% compared with the same period in 2019. Net income totaled $25.9 million, or $0.60 per diluted share, compared...

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Calavo Growers, Inc. Announces Third Quarter 2023 Financial Results

SANTA PAULA, Calif., Sept. 06, 2023 (GLOBE NEWSWIRE) — Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of convenient, ready-to-eat fresh food, today reported its financial results for the fiscal third quarter ended July 31, 2023. Third Quarter Financial OverviewTotal net sales of $259.9 million, a 24% decrease from the prior year quarterGrown segment net sales decreased 30% to $144.5 million Prepared segment net sales decreased 14% to $115.8 millionGross profit of $25.0 million, compared to $18.5 million for the prior year quarterGrown segment gross profit increased $9.6 million to $21.4 million Prepared segment gross profit decreased $3.1 million to $3.7 millionNet income of $6.6 million, or $0.37 per diluted share, compared to $1.3 million, or $0.07 per diluted share, for the...

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Volcon ePowersports Reports Corrected Second Quarter 2023 Operational and Financial Results

AUSTIN, Texas, Sept. 06, 2023 (GLOBE NEWSWIRE) — Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company, today corrected its operational highlights and financial results for the second quarter of 2023 that were previously released on August 11, 2023. The previously reported adjusted EBITDA amounts were incorrectly reported for the impacts of share-based compensation, depreciation and amortization expense and interest expense for the three and six months ended June 30, 2023. The GAAP reported amounts were correct in the previous earnings release. The Company also updated its expected shipping date of the Grunt EVO to customers to begin in September 2023. Company Highlights:●   As of June 30, 2023, we have 142 dealers●   Taken delivery of our first eight Stag validation...

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Deep-South Closed First Tranche of a Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Sept. 06, 2023 (GLOBE NEWSWIRE) — Deep-South Resources Inc. (“Deep-South” or the Company) (TSX-V: DSM) announces that the Company closed the first tranche of the recently announced non-brokered private placement. The first tranche closed for an amount of $265,447. The private placement is nearly fully subscribed and the second tranche will close on or about September 20, 2023. The first tranche will comprise 4,083,800 units at a price of $0.065 per unit. Each unit (“Unit”) will consist of one (1) common share and one half (1/2) of one common share purchase warrant (“Warrant”). Each whole Warrant will entitle the holder thereof to purchase one (1) common share at an exercise price of $0.10 for...

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Cumulus Media’s Westwood One Launches 37th Consecutive Season As the Exclusive Primetime Network Radio Partner of the NFL

Westwood One’s NFL Primetime Game Broadcasts Available to Fans on Westwoodonesports.com, Affiliated Stations’ Primary Digital Platforms, NFL+ and the NFL App Coverage Kicks Off September 7 when the Super Bowl Champion Kansas City Chiefs host the Detroit Lions NEW YORK, Sept. 06, 2023 (GLOBE NEWSWIRE) — Cumulus Media’s (NASDAQ: CMLS) Westwood One, the largest audio network in the U.S., will provide exclusive play-by-play coverage of the National Football League’s entire primetime regular season as well as every postseason game, marking the 37th consecutive season that Westwood One is the exclusive network radio partner of the NFL. This will be the 51st time that the network will broadcast the Super Bowl to a national audience. Westwood One Sports will provide play-by-play coverage of the NFL’s 2023 national regular season primetime...

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Westland Insurance acquires Insurance Matters Inc.

Westland continues to grow across Canada with acquisition in Saskatchewan Surrey, BC/Territories of the Coast Salish (Kwantlen, Katzie, Semiahmoo, Tsawwassen First Nations), Sept. 06, 2023 (GLOBE NEWSWIRE) — Westland Insurance, Canada’s leading independently-owned insurance brokerage, today announced that it acquired Insurance Matters Inc. This acquisition further solidifies Westland’s position as a prominent player in the Prairies and marks a significant step towards expanding its operations in Saskatchewan.  Insurance Matters is a family-owned insurance brokerage with four locations throughout Saskatchewan in Wadena, Kelvington, Wynyard, and Invermay. It offers residential, commercial, farm, and auto insurance. Each of its four locations brings Westland into a new city, giving the brokerage the opportunity to serve more clients...

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Icelandair Traffic Data: Over 20% increase in the number of passengers to date

Icelandair transported 547 thousand passengers in August and has transported around three million passengers in the first eight months of 2023, 21% more than in the same period last year. In June, July and August, which are historically the largest months in terms of traffic numbers, Icelandair transported 1.6 million passengers. In August, passengers travelling to Iceland were 249 thousand, from Iceland 51 thousand, via passengers were 223 thousand and domestic passengers were 25 thousand. Load factor was 83.9% and on time performance was 78.9%. Sold block hours in leasing increased by 18% compared to last year and the increase in Freight Tonne Kilometers was 43%. Bogi Nils Bogason, Icelandair CEO: “We are happy to see continued growth between years and our passenger numbers are getting closer to what they were in 2019. The North American...

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PCAS: RESULTS AS OF JUNE 30, 2023

+ Ecully, September 6, 2023 RESULTS AS OF JUNE 30, 2023 PCAS (Euronext Paris: PCA), a specialist in developing and producing complex molecules for life sciences and innovative technologies, has announced the publication of its consolidated results as of June 30, 2023, approved by today’s Board of Directors.      30 June 2022   30 June 2023          in millions of euros                                   Net sales   109.8   113.4                               EBITDA (*)   -0.5   4.7            EBITDA margin   -0.5%   4.2%                               Current operating income (*)   -15.3   -11.0                                 Parmaceutical Synthesis   -18.7   -18.3            Fine Specialty Chemicals   3.4   7.4                               Other operating income and expenses   -14.7   47.4                               Operating...

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American Picture House Corporate Update

NEW YORK, NY, RALEIGH, NC, and LOS ANGELES, CA, Sept. 06, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – American Picture House Corporation (OTC: APHP), an entertainment company with a focus on producing feature films, limited series, and entertainment enhancing technologies, today provided a corporate update for shareholders. Industry Strikes –  American Picture House supports the ideals behind the two current industry strikes — brought by the Writers Guild of America (“WGA”) and the Screen Actors Guild (“SAG”) — and joins the many reasonable voices urging for a fair and timely resolution. Update on Feature Films – American Picture House commenced preproduction on two feature films, ASK CHRISTINE and DEVIL’S HALF ACRE. Both productions are subject to interim agreements with SAG, with production for each project...

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