Day: February 1, 2024

Cavco Industries Reports Fiscal 2024 Third Quarter Results and Announces New $100 Million Stock Repurchase Program

Written by Customer Service on February 1, 2024. Posted in Earnings Releases And Operating Results.

PHOENIX, Feb. 01, 2024 (GLOBE NEWSWIRE) — Cavco Industries, Inc. (Nasdaq: CVCO) (“we,” “our,” the “Company” or “Cavco”) today announced financial results for the third fiscal quarter ended December 30, 2023. Third Quarter SummaryNet revenue was $447 million, down $54 million or 10.8% compared to $501 million in the third quarter of the prior year. Factory-built housing Gross profit as a percentage of Net revenue was 22.4%, compared to 25.5% in the prior year. Financial services Gross profit as a percentage of Net revenue was 36.8%, compared to 46.6% in the prior year. Income before income taxes was $44 million, down $32 million or 42.1% compared to $76 million in the prior year period. Net income per diluted share attributable to Cavco common stockholders was $4.27 compared to...

LPL Financial Announces Fourth Quarter and Full Year 2023 Results

Written by Customer Service on February 1, 2024. Posted in Earnings Releases And Operating Results.

Fourth Quarter 2023 Key Financial ResultsNet Income was $218 million, translating to diluted earnings per share (“EPS”) of $2.85, down 28% from a year ago Adjusted EPS* decreased 17% year-over-year to $3.51Gross profit* increased 4% year-over-year to $1,007 million Core G&A* increased 11% year-over-year to $364 million EBITDA* decreased 17% year-over-year to $445 millionFourth Quarter 2023 Key Business ResultsTotal advisory and brokerage assets increased 22% year-over-year to $1.35 trillionAdvisory assets increased 26% year-over-year to $736 billion Advisory assets as a percentage of total assets increased to 54.3%, up from 52.5% a year agoTotal organic net new assets were $25 billion, representing 8% annualized growthOrganic net new advisory assets were $21 billion, representing 12% annualized growth Organic...

Hub Group, Inc. Reports Fourth Quarter 2023 Results

Written by Customer Service on February 1, 2024. Posted in Earnings Releases And Operating Results.

Highlights: Completed 2:1 stock split; Q4 Diluted earnings per share (EPS) presented post-split of $0.46 and $2.62 for the full year Adjusting for acquisition related expenses of $5.1 million, Q4 adjusted EPS (non-GAAP) of $0.54 and $2.68 for full year Full year revenue of $4.2 billion; Fourth quarter revenue of $1.0 billion GAAP Quarterly operating income of $29 million (3.0% of revenue) Significantly increased our Final Mile business heading into 2024 through the acquisition of Forward Air Final Mile (“FAFM”) Executing on Capital Allocation Plan including $26 million of shares purchased during the quarter Introduced 2024 outlook with expected revenue of $4.6 billion to $5.0 billion and diluted EPS of $2.00 to $2.50OAK BROOK, Ill., Feb. 01, 2024 (GLOBE NEWSWIRE) — Hub Group, Inc. (NASDAQ:HUBG) announced fourth quarter...

Notice to attend the extraordinary General Meeting in Hoylu AB

Written by Customer Service on February 1, 2024. Posted in Public Companies.

N.B. This English text is an unofficial translation of the Swedish original of the notice to attend the extraordinary general meeting in Hoylu AB, and in case of any discrepancies between the Swedish text and this English translation, the Swedish text shall prevail. The shareholders of Hoylu AB, reg. no 559084-6381 (the “Company”), are hereby summoned to attend the extraordinary general meeting held at 10:00 (CET) on February 20, 2024, at the premises of Eversheds Sutherland Advokatbyrå located at Sveavägen 20, Stockholm. Registration begins at 09:45 (CET). NOTIFICATION OF PARTICIPATION ETC. Shareholders who wish to attend the extraordinary general meeting must:be recorded as shareholders in the share register maintained by Euroclear Sweden AB on February 12, 2024, andno later than on February 14, 2024, preferably before 16:00 (CET),...

Hoylu AB has been requested to call for an extraordinary general meeting to resolve on a SEK 14 million directed issue of shares to certain shareholders, board members and executives

Written by Customer Service on February 1, 2024. Posted in Public Companies.

The board of directors of Hoylu AB (“Hoylu” or the “Company”) has been requested by shareholder Alden AS, representing 18.1 per cent of the shares in the Company (the “Shareholder”), to call for an extraordinary general meeting to resolve on a directed issue of shares of approx. SEK 14 million towards certain shareholders and members of the board of directors, executives, and thereto related parties. Notice convening the extraordinary general meeting for the resolution on the proposed directed issue of shares will be announced through a separate press release. Directed issue of shares proposed by shareholder Alden ASThe right to subscribe for shares in the proposed directed issue of shares shall vest in Fougner Invest AS, Alden AS, TTC Invest AS, Windchange Invest AB, Bimo Kapital AS, Baklid Invest AS, Helling Invest AS, Frenisa AS, Norse...

CORRECTION – Earth Alive Acquires Interlube and Completes Simplified Vertical Merger

Written by Customer Service on February 1, 2024. Posted in Mergers And Acquisitions.

MONTREAL, Feb. 01, 2024 (GLOBE NEWSWIRE) — In a release issued under the same headline today by Earth Alive Clean Technologies Inc. (TSXV: EAC), please note that some wording under the “Details of the Acquisition” subhead has been updated. The corrected release follows: Earth Alive Clean Technologies Inc. (TSXV: EAC – “Earth Alive” or the “Company”), a leader in the development, production, and distribution of technological solutions facilitating the shift from the chemical era to the biological era, is pleased to announce the successful acquisition of Interlube Inc. (“Interlube”), a Quebec-based provider of biodegradable lubricants for industrial needs (“Transaction”). Following the Transaction’s closure, Earth Alive has completed a simplified vertical merger...

Icelandair: Financial Results 2023

Written by Customer Service on February 1, 2024. Posted in Earnings Releases And Operating Results.

Profit of the year USD 11 million, a turnaround from a loss of USD 6 million in 2022 Strong revenue generation in the year and record unit revenue Number of passengers 4.3 million in the year, an increase of 17% Load factor of the year 81.5%, up by nearly 2 percentage points Seismic activity in Southwest Iceland, volcanic eruption and labor action by air traffic controllers significantly impacted the Q4 results EBIT in Q4 negative by USD 50.3 million Capacity increased 13% in Q4; number of passengers up by 12% Strong liquidity position at year-end at USD 323 million Bogi Nils Bogason, President and CEO “It is an important milestone to turn a profit after taxes in 2023 following many challenging years. Revenue generation was very strong during the year with strong demand in all our markets, especially from North...

Alaris Equity Partners Announces Timing of 2023 Q4 Financial Results, Conference Call and Webcast

Written by Customer Service on February 1, 2024. Posted in Public Companies.

NOT FOR DISTRIBUTION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. CALGARY, Alberta, Feb. 01, 2024 (GLOBE NEWSWIRE) — Alaris Equity Partners Income Trust (“Alaris” or the “Trust“) (TSX: AD.UN) is pleased to announce that it will release its 2023 year-end results for the period ended December 31, 2023 following the closing of regular trading on the Toronto Stock Exchange Thursday, March 14, 2024. Alaris management will host a conference call at 9 am MT (11am ET) the following day, Friday, March 15, 2024 to discuss the financial results and outlook for the Trust. Participants must register for the call using this link: Pre-registration to Q4 to receive the dial-in numbers and unique PIN to access the call seamlessly. It is recommended...

CSX Reaches Paid Sick Leave Agreements with Four Unions

Written by Customer Service on February 1, 2024. Posted in Public Companies.

JACKSONVILLE, Fla., Feb. 01, 2024 (GLOBE NEWSWIRE) — CSX (NASDAQ: CSX) has reached agreements with four additional groups of railroad workers to provide paid sick leave benefits, demonstrating the company’s ongoing commitment to enhancing the work experience for its employees. The unions include SMART-TD Conductors/Trainmen (C&O), SMART-TD Yardmasters, International Brotherhood of Boilermakers, and Carrolton Road-Transportation Communications Union-represented Engineers/Yardmen/Maintenance of Way employees. These agreements extend coverage to more than 600 employees, further solidifying CSX’s industry-leading initiative of providing paid sick leave to its workforce. In 2023, CSX became the first U.S. Class I railroad to extend paid sick leave agreements to its contract workers. Since that time, the company has successfully...

SweetWater Brewing and Pullman Yards Present 420 Fest on April 20 & 21, 2024

Written by Customer Service on February 1, 2024. Posted in Public Companies.

SweetWater 420 Fest is Back Featuring 25+ Artists ATLANTA, Feb. 01, 2024 (GLOBE NEWSWIRE) — SweetWater Brewing Company (“SweetWater Brewing” or “SweetWater”), the largest craft brewer in the Southeast and a subsidiary of Tilray Brands, Inc. (“Tilray”) (NASDAQ: TLRY and TSX: TLRY), is thrilled to announce the return of SweetWater 420 Fest, one of Atlanta’s most anticipated annual music festivals, scheduled for April 20-21, 2024 at Atlanta’s Pullman Yards. Presented by SweetWater Brewing Company and Pullman Yards, this year’s event promises a reinvigorated experience, making a grand comeback in full festival glory for the first time since 2022. Tickets are available now and can be purchased here. Coinciding with Earth Day (April 22) celebrations, 420 Fest is back to a full two-day festival format with over twenty-five acts across...

Day: February 1, 2024

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