Year: 2024

HighlightsResilient recurring maintenance revenues contributed to Q3 2024 net sales of $1.4 billion Seasonal gross margin of 29.1% Operating income of $176.4 million and operating margin of 12.3% Q3 2024 diluted EPS of $3.27 or $3.26 without tax benefits Maintains annual earnings guidance range of $11.06 – $11.46 per diluted share______________________ COVINGTON, La., Oct. 24, 2024 (GLOBE NEWSWIRE) — Pool Corporation (Nasdaq/GSM:POOL) today reported results for the third quarter of 2024. “We generated third quarter net sales of $1.4 billion, down 3% from the third quarter of 2023, supported by steady demand for maintenance products while the discretionary portions of our business continued to see pressure. During the quarter, we made additional progress on our Pool360 technology rollouts and digital marketing expansion,...

ENGLEWOOD CLIFFS, N.J., Oct. 24, 2024 (GLOBE NEWSWIRE) — ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today reported net income available to common stockholders of $15.7 million for the third quarter of 2024 compared with $17.5 million for the second quarter of 2024 and $19.9 million for the third quarter of 2023. Included in net income available to common stockholders’ was merger and restructuring pre-tax expenses of $0.7 million for the third quarter of 2024, while there were no such charges during the second quarter of 2024 and the third quarter of 2023. Diluted earnings per share were $0.41 for the third quarter of 2024 compared with $0.46 for the second quarter of 2024 and $0.51 for the third quarter of 2023. Return on average assets was 0.70%, 0.79%...

DENVER, Oct. 24, 2024 (GLOBE NEWSWIRE) — The Simply Good Foods Company (Nasdaq: SMPL) (“Simply Good Foods,” or the “Company”), a developer, marketer and seller of branded nutritional foods and snacking products, today reported financial results for the fourteen and fifty-three weeks ended August 31, 2024. The acquisition of Only What You Need, Inc. (“OWYN”) was completed on June 13, 2024; therefore, the Company’s fourth quarter and full fiscal year 2024 results include approximately eleven weeks of OWYN performance. The reference to “legacy” Simply Good Foods in this press release encompasses Simply Good Foods’ business excluding OWYN. Fourth Quarter Summary:(1)Net sales of $375.7 million versus $320.4 million Net income of $29.3 million versus $36.6 million Earnings per diluted share (“EPS”)...

FORT WORTH, Texas, Oct. 24, 2024 (GLOBE NEWSWIRE) — American Airlines Group Inc. (NASDAQ: AAL) today reported its third-quarter 2024 financial results, including:Record third-quarter revenue of $13.6 billion. Third-quarter net loss of $149 million, or ($0.23) per share. Excluding net special items1, third-quarter net income of $205 million, or $0.30 per diluted share. Led U.S. network carriers in third-quarter completion factor. Ended the third quarter with $11.8 billion of total available liquidity. On track to reduce total debt2 from peak levels by $15 billion by year-end 2025. Full-year adjusted earnings per diluted share3 expected to be between $1.35 and $1.60.“The American Airlines team continues to focus on running a reliable operation and managing costs across the airline,” said American’s CEO Robert Isom. “We have...

Third Quarter 2024 Financial HighlightsNet sales totaled $826 million, down 14% on a reported and constant currency* basis Net income totaled $52 million; Net income margin of 6.3% Adjusted EBITDA* totaled $144 million; Adjusted EBITDA margin* of 17.4% Net cash provided by operating activities totaled $67 million Adjusted free cash flow* totaled $71 millionThird Quarter 2024 Business HighlightsWon new marine and auxiliary power awards for our largest turbocharger with start of production in 2026 Entered into a partnership with SinoTruk to co-develop e-powertrain systems for light and heavy trucks by 2027 Recognized with the 2024 Stellantis Innovation Award for our differentiated zero-emission technologiesROLLE, Switzerland and PLYMOUTH, Mich., Oct. 24, 2024 (GLOBE NEWSWIRE) — Garrett Motion Inc. (Nasdaq: GTX) (“Garrett”...

VAN BUREN TOWNSHIP, Mich., Oct. 24, 2024 (GLOBE NEWSWIRE) — Visteon Corporation (NASDAQ: VC) today reported third quarter financial results. Highlights include:Sales of $980 million with Growth-over-Market of 6%1 Net income of $39 million and adjusted net income of $63 million Adjusted EBITDA of $119 million Launched 30 new products in the quarter and 71 year-to-date New business wins of $4.9 billion year-to-date Net cash of $229 million at quarter endVisteon reported solid net sales of $980 million in a challenging production environment. We delivered 6% outperformance relative to customer vehicle production, driven by strong demand for digital cockpit and electrification products. Our market outperformance was offset by lower customer production and reduced customer recoveries resulting from improved semiconductor supply. Gross...

-New Home Deliveries of 1,619--Home Sales Revenue of $1.1 Billion--Homebuilding Gross Margin Percentage of 23.3%--Diluted Earnings Per Share of $1.18--Homebuilding Debt-to-Capital Ratio Reduced to Record Low of 22.1%- INCLINE VILLAGE, Nev., Oct. 24, 2024 (GLOBE NEWSWIRE) — Tri Pointe Homes, Inc. (the “Company”) (NYSE:TPH) today announced results for the third quarter ended September 30, 2024. “Tri Pointe Homes once again delivered excellent financial results for the third quarter,” said Doug Bauer, Tri Pointe Homes Chief Executive Officer. “We achieved a 32% increase in deliveries to 1,619 homes, a 2% rise in the average sales price, and a 35% growth in homes sales revenue to $1.1 billion. We are also pleased to report that the improvements in both volume and pricing were well-balanced across our markets with each reporting segment...

FORT WORTH, Texas, Oct. 24, 2024 (GLOBE NEWSWIRE) — FirstCash Holdings, Inc. (“FirstCash” or the “Company”) (Nasdaq: FCFS), the leading international operator of more than 3,000 retail pawn stores and a leading provider of retail point-of-sale (“POS”) payment solutions through American First Finance (“AFF”), today announced operating results for the three and nine month periods ended September 30, 2024. The Company also announced that the Board of Directors declared a quarterly cash dividend of $0.38 per share, which will be paid in November 2024. Mr. Rick Wessel, chief executive officer, stated, “FirstCash achieved record revenue and earnings results for both the third quarter and year-to-date periods. Impressive third quarter achievements also included a fifth consecutive quarter of double-digit growth in same-store pawn receivables...