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SIFCO Industries Inc. Message Board

drmicrocaps 108 posts  |  Last Activity: 9 hours ago Member since: Jan 19, 2011
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  • The "Street has AAPL coming in at 10.42 for the quarter that should be reported on or about April 23, 2014! All post's welcome! The "Good Dr's In"!

    Sentiment: Strong Buy

  • The "Street has CL coming in at .69 for the quarter that should be reported on or about April 25, 2014! All post's welcome! The "Good Dr's In"!

    Sentiment: Hold

  • Colgate-Palmolive Webcasts 2014 First Quarter Earnings Conference Call April 25, 2014 – 11:00 a.m. ET
    Business Wire Colgate-Palmolive Company
    April 11, 2014 10:47 AM

    NEW YORK--(BUSINESS WIRE)--

    Colgate-Palmolive Company (CL) will provide a live webcast of its 2014 first quarter earnings conference call on Friday, April 25, 2014 at 11:00 a.m. ET. The call will be hosted by Chairman, President and CEO, Ian Cook, and Senior Vice President - Investor Relations, Bina Thompson.

    Investors may access a live webcast of this conference call on Colgate’s web site. For those unable to participate during the live webcast, a recorded version of the webcast will be made available through the ‘For Investors’ page of Colgate’s web site.

    * * *

    About Colgate-Palmolive: Colgate-Palmolive is a leading global consumer products company, tightly focused on Oral Care, Personal Care, Home Care and Pet Nutrition. Colgate sells its products in over 200 countries and territories around the world under such internationally recognized brand names as Colgate, Palmolive, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, elmex, Tom’s of Maine, Sanex, Ajax, Axion, Soupline, and Suavitel, as well as Hill's Science Diet, Hill's Prescription Diet and Hill’s Ideal Balance. For more information about Colgate's global business, visit the Company's web site. To learn more about Colgate’s global oral health education program, Bright Smiles, Bright Futures™, gate-Palmolive Company
    Bina Thompson, 212-310-3072
    Hope Spiller, 212-310-2291

    Sentiment: Hold

  • Yasheng Group Reports Record Full-Year Results
    Marketwired Yasheng Group
    April 11, 2014 9:50 AM
    REDWOOD CITY, CA--(Marketwired - Apr 11, 2014) - Yasheng Group (OTCQB: HERB), a high-growth diversified China-based agricultural conglomerate with U.S. headquarters in Redwood City, California, today announced financial results for the full year 2013.

    FY2013 FY2012
    Revenues (millions) $ 1,011 $ 993
    Net Income (millions) $ 136 $ 126
    EPS $ .88 $ .82
    Net Sales. In the beginning of 2013, the global economy continued to recover. The company expanded seed, vegetable and green agricultural product lines, with strengthened internal control system implementation. We generate sales from our farm and side line products. Net sales for the year ended December 31, 2013 increased $18 million or 1.8% to $1,011 million as compared to $993 million for the year ended December 31, 2012. The increase in net sales was attributable to higher yields and a better product mix. We also continued to benefit from expanded distribution channels. However, at the beginning and the end of 2013, most of the northern region of China experienced cold weather with snow and wind, negatively affecting fruit tree harvests.

    Cost of Goods Sold. Our cost of goods sold consists primarily of the costs of raw materials, labor, and overhead. Cost of sales for the year ended December 31, 2013 increased by $7.9 million, or 0.9%, to $868 million from $860 million for the year ended December 31, 2012. Due to management's continued heightened focus on cost control exercised throughout production, costs grew less than sales. The Gansu Provincial Development and Reform Commission reported that in 2013 the major reasons for increased agricultural costs were: transportation and diesel costs continued to rise, the costs for consumables such as pesticides, seeds, agricultural film increased, and labor costs continued to rise.

    Sentiment: Strong Buy

  • Reply to

    "whisper Number"

    by drmicrocaps Oct 13, 2013 1:31 AM
    drmicrocaps drmicrocaps 11 hours ago Flag

    The "Street" has KKR coming in at .56394 for the quarter that should be reported on or about May 24, 2014! All post's welcome! The "Good Dr's In"!

    Sentiment: Strong Buy

  • Reply to

    "Whisper Number"

    by drmicrocaps Oct 23, 2012 2:47 PM
    drmicrocaps drmicrocaps 11 hours ago Flag

    The "Street has NWL coming in at .3336 for the quarter that should be reported on or about May 2, 2014! All post's welcome! The "Good Dr's In"!

    Sentiment: Strong Buy

  • Reply to

    1st quarter results will be announced

    by drmicrocaps Apr 12, 2012 12:42 PM
    drmicrocaps drmicrocaps 11 hours ago Flag

    Newell Rubbermaid to Webcast First Quarter 2014 Earnings Results
    GlobeNewswire Newell Rubbermaid
    April 16, 2014 8:00 AM
    ATLANTA, April 16, 2014 (GLOBE NEWSWIRE) -- Newell Rubbermaid (NWL) today announced its first quarter 2014 earnings results will be released Friday, May 2, prior to market open and will be followed by a live webcast at 8:00 a.m. ET. To listen to the webcast, please visit Events & Presentations in the Investor Relations section of Newell Rubbermaid's Web site. The live webcast will be recorded and made available for replay.

    About Newell Rubbermaid

    Newell Rubbermaid Inc., an S&P 500 company, is a global marketer of consumer and commercial products with 2013 sales of approximately $5.7 billion and a strong portfolio of leading brands, including Sharpie(R), Paper Mate(R), Rubbermaid Commercial Products(R), Irwin(R), Lenox(R), Parker(R), Waterman(R), Rubbermaid(R), Levolor(R), Calphalon(R), Goody(R), Graco(R), Aprica(R) and Dymo(R). As part of the company's Growth Game Plan, Newell Rubbermaid is making sharper portfolio choices and investing in new marketing and innovation to accelerate performance.

    This press release and additional information about Newell Rubbermaid are available on the company's Web site.

    Contact:
    Nancy O'Donnell
    Vice President, Investor Relations
    +1 (770) 418-7723
    David Doolittle
    Vice President, Global Communications
    +1 (770) 418-7519

    Sentiment: Strong Buy

  • TrueBlue to Announce 2014 First Quarter Results
    Business Wire TrueBlue, Inc.
    April 10, 2014 1:23 PM

    TACOMA, Wash.--(BUSINESS WIRE)--

    TrueBlue, Inc. (TBI) will release 2014 first quarter results Tuesday, April 22, 2014.

    Management will discuss the results on a live conference call at 7 a.m. Pacific Time (10 a.m. Eastern Time) on Tuesday, April 22, 2014.

    A webcast of the call and a presentation of the financial information referenced on the call.

    About TrueBlue

    TrueBlue (TBI) is the leading provider of blue-collar staffing and helps over 140,000 businesses be more productive through easy access to dependable temporary labor. TrueBlue provides specialized blue-collar staffing solutions to industries that include construction, manufacturing, transportation, aviation, waste, hospitality, retail, renewable energy and more. Through its Labor Ready, CLP, Spartan Staffing, PlaneTechs, and Centerline business lines, TrueBlue connects approximately 350,000 people to work annually across the U.S., Canada and Puerto Rico. Learn more about TrueBlue.

    Contact:
    TrueBlue, Inc.
    Derrek Gafford, 253-680-8214
    EVP & CFO
    or
    Stacey Burke, 253-680-8291
    VP of Corporate Communications

    Sentiment: Strong Buy

  • Reply to

    "Whisper Number"

    by drmicrocaps Oct 20, 2013 3:45 AM
    drmicrocaps drmicrocaps Apr 18, 2014 8:50 AM Flag

    The "Street" has TBI coming in at .032 for the quarter that should be reported on or about April 22, 2014! All post's welcome! The "Good Dr's In"!

    Sentiment: Strong Buy

  • Reply to

    1st Quarter Numbers

    by drmicrocaps Apr 18, 2013 12:58 PM
    drmicrocaps drmicrocaps Apr 17, 2014 11:40 AM Flag

    Travelzoo Reports First Quarter 2014 Results
    Business Wire Travelzoo Inc.
    3 hours ago
    NEW YORK--(BUSINESS WIRE)--

    First Quarter 2014 Financial Highlights:

    Revenue of $40.2 million, down 5% year-over-year
    Operating profit of $7.0 million, down 13% year-over-year
    Net income of $4.6 million
    Earnings per share of $0.31, compared to $0.36 in the prior-year period
    Travelzoo Inc., a global Internet media company, today announced financial results for the first quarter ended March 31, 2014, with revenue of $40.2 million, a decrease of 5% year-over-year. Operating profit was $7.0 million, down 13% year-over-year. Net income was $4.6 million, with diluted earnings per share of $0.31, down from $0.36 in the prior-year period.

    "Our European business delivered strong results. North America reported weak revenue. North America was impacted by a reduction in Search marketing spend and slow Local voucher sales," said Chris Loughlin, chief executive officer. "A positive highlight is the record number of mobile downloads we saw in the quarter. We believe in our strategy of quickly adapting to mobile usage."

    North America

    North America business segment revenue decreased 12% year-over-year to $26.4 million. Operating profit for the first quarter was $4.6 million, or 17% of revenue, down from $5.5 million, or 18% of revenue, in the prior-year period.

    Europe

    Europe business segment revenue increased 13% year-over-year to $13.8 million. In local currency terms, revenue increased 6% year-over-year. Operating profit for the first quarter was $2.4 million, or 17% of revenue, down from $2.6 million, or 21% of revenue in the prior-year period.

    Subscribers

    Travelzoo had a total unduplicated number of subscribers in North America and Europe of 23.6 million as of March 31, 2014, up 1% from December 31, 2013. In North America, total unduplicated number of subscribers was 16.7 million as of March 31, 2014, up 1% from December 31, 2013.

    Sentiment: Strong Buy

  • drmicrocaps by drmicrocaps Apr 16, 2014 12:51 PM Flag

    Yahoo Reports First Quarter 2014 Results
    Business Wire Yahoo! Inc.
    20 hours ago
    SUNNYVALE, Calif.--(BUSINESS WIRE)--

    Yahoo! Inc. (YHOO) today reported results for the quarter ended March 31, 2014.

    Q1 2013 Q1 2014
    Percent
    Change
    GAAP revenue $1,140 million $1,133 million (1)%
    Revenue ex-TAC $1,074 million $1,087 million 1%
    GAAP income from operations $186 million $30 million (84)%
    Non-GAAP income from operations $224 million $149 million (33)%
    GAAP net earnings per diluted share $0.35 $0.29 (17)%
    Non-GAAP net earnings per diluted share $0.38 $0.38 0%

    “I am really pleased by our first quarter performance, marking our best Q1 revenue ex-TAC since 2010. Buoyed by our 9th consecutive quarter of year-over-year growth in Search revenue ex-TAC and our first quarter of Q1 year-over-year growth in display revenue ex-TAC since 2011, Q1 was an early and important sign of growth in our core business,” said Yahoo CEO Marissa Mayer. “And, with mobile pivotal to our future growth, we’re delighted to now see more than 430 million monthly mobile users accessing Yahoo’s new products.”

    GAAP revenue was $1,133 million for the first quarter of 2014, a 1 percent decrease from the first quarter of 2013. Revenue excluding traffic acquisition costs (“revenue ex-TAC”) was $1,087 million for the first quarter of 2014, a 1 percent increase compared to the first quarter of 2013.

    Adjusted EBITDA for the first quarter of 2014 was $306 million, a 21 percent decrease compared to the first quarter of 2013.

    GAAP income from operations was $30 million for the first quarter of 2014 (which included net restructuring charges of $9 million), an 84 percent decrease from the first quarter of 2013 (which included restructuring reversals of $7 million). Non-GAAP income from operations was $149 million for the first quarter of 2014 compared to $224 million in the first quarter of 2013.

    Sentiment: Hold

  • Reply to

    "Whisper Number"

    by drmicrocaps Oct 13, 2013 12:06 AM
    drmicrocaps drmicrocaps Apr 14, 2014 1:51 PM Flag

    The "Street has TZOO coming in at ..37 for the quarter that should be reported on or about April 17, 2014! All post's welcome! The "Good Dr's In"!

    Sentiment: Strong Buy

  • Reply to

    1st quarter results will be announced

    by drmicrocaps Apr 14, 2012 12:34 PM
    drmicrocaps drmicrocaps Apr 14, 2014 1:46 PM Flag

    Travelzoo Q1 2014 Earnings Conference Call Thursday, April 17 at 11:00 AM ET
    Business Wire Travelzoo Inc.
    April 11, 2014 5:34 PM
    NEW YORK--(BUSINESS WIRE)--

    Travelzoo Inc. will host a conference call to discuss the Company’s financial results for the first quarter ended March 31, 2014. Travelzoo Inc. will issue a press release reporting its results before the market opens on April 17, 2014.

    WHEN Thursday, April 17, 2014 at 11:00 AM ET

    HOW:
    The webcast will be archived within 24 hours of the end of the call and will be available through the same link.

    CONTACT: Investor Relations
    Glen Ceremony, CFO, Travelzoo Inc.
    g

    About Travelzoo

    Travelzoo Inc. is a global Internet media company. With more than 26 million subscribers in North America, Europe, and Asia Pacific and 25 offices worldwide, Travelzoo® publishes deals from more than 2,000 travel, entertainment and local companies. Travelzoo Deal Experts review offers to find the best deals and confirm their true value. In Asia Pacific, Travelzoo is independently owned and operated by Travelzoo (Asia) Ltd. and Travelzoo Japan K.K. under a license agreement with Travelzoo Inc.

    Certain statements contained in this press release that are not historical facts may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. These forward-looking statements may include, but are not limited to, statements about our plans, objectives, expectations, prospects and intentions, markets in which we participate and other statements contained in this press release that are not historical facts. When used in this press release, the words “expect”, “predict”, “project”, “anticipate”, “believe”, “estimate”, “intend”, “plan”, “seek”

    Sentiment: Strong Buy

  • drmicrocaps by drmicrocaps Apr 13, 2014 12:43 AM Flag

    Wireless Telecom Group Announces Stock Repurchase and Director Resignations
    Business Wire Wireless Telecom Group, Inc.
    April 10, 2014 4:10 PM

    PARSIPPANY, N.J.--(BUSINESS WIRE)--

    Wireless Telecom Group, Inc. (NYSE MKT:WTT) announced today that the Company has repurchased 4,815,110 shares of its common stock, representing approximately 20% of its total shares outstanding (prior to the repurchase), from its largest shareholder, Investcorp Technology Ventures L.P. and its affiliates (“Investcorp”), for an aggregate purchase price of approximately $9.6 million, or $2.00 per share. The repurchased shares will be returned to the Company’s treasury.

    Separately, Horton Capital Partners Fund, L.P. and related entities have acquired 1,657,556 shares representing approximately 8.6% of the total shares outstanding (after the repurchase of shares returned to the treasury), of common stock of the Company held by Investcorp. As a result of the Company’s repurchase and such additional transactions, Investcorp no longer holds any securities of the Company.

    “We are excited to have completed the transaction and look forward to the growth opportunities ahead. We believe the stock repurchase represents an attractive use of our capital and reflects our commitment to the enhancement of long-term shareholder value,” stated Paul Genova, Chief Executive Officer of Wireless Telecom Group, Inc.

    The Company funded the transaction from available cash.

    Wireless Telecom Group, Inc. has received and accepted the resignations of Glenn Luk and Anand Radhakrishnan as directors of the Company, effective April 9, 2014. Mr. Luk, an advisor to Investcorp Technology Partners, served as a director of the Company since May 2010. Mr. Radhakrishnan, a principal at Investcorp Technology Partners, served as a director of the Company since September 2011. The Board of Directors wishes to thank Messrs. Luk and Radhakrishnan for their services.

    Alan Bazaar has been elected to serve as the Chairman of the Boa

    Sentiment: Buy

  • drmicrocaps by drmicrocaps Apr 11, 2014 11:34 PM Flag

    Diamondhead Casino Corporation Closes On First $1 Million Of $3 Million Convertible Debenture Offering And Appoints Ted Arneault As Chairman Of The Board Of Directors
    PR Newswire Diamondhead Casino Corporation
    April 2, 2014 8:00 AM

    DIAMONDHEAD, Miss., April 2, 2014 /PRNewswire/ -- Diamondhead Casino Corporation ("DHCC"), which intends to build a casino resort on its 404-acre property in Diamondhead, Mississippi, announced today that it has appointed Ted Arneault, formerly Chairman, President & CEO of MTR Gaming Group, Inc., as Chairman of the Board of the Company and President & CEO of Casino World, Inc., a wholly-owned subsidiary of the Company and proposed developer of the Diamondhead casino site. The Company also announced today that it accepted subscriptions in Escrow in the amount of $3 million for the purchase of collateralized debentures, convertible to common stock, subject to certain events, and $1 million of that amount had been released from Escrow to the Company at the first of three intended closings. The two remaining closings are contingent upon certain events. Henley & Company, LLC acted as sole placement agent in connection with the offering.

    The Company owns, through a wholly-owned subsidiary, approximately 404 acres of land in Diamondhead, Mississippi. The property fronts Interstate 10 for approximately two miles and fronts the Bay of St. Louis for approximately two miles. Approximately 18 million vehicles pass the site yearly. The property, which is located entirely within the recently-incorporated City of Diamondhead, is already zoned for a casino.

    In commenting on his appointment, Mr. Arneault stated: "I believe the Diamondhead site remains one of the last, great gaming opportunities in the country. The site is recognized in the casino industry as one that is expected to grow the entire Gulf Coast market because of its sheer size and the numerous amenities it could support.

    Sentiment: Strong Buy

  • KKR & Co. L.P. to Announce First Quarter 2014 Results
    Business Wire KKR & Co. L.P.
    April 10, 2014 8:10 AM

    NEW YORK--(BUSINESS WIRE)--

    KKR & Co. L.P. (KKR) announced today that it plans to release its financial results for the first quarter 2014 on Thursday, April 24, 2014, before the opening of trading on the New York Stock Exchange.

    A conference call to discuss KKR’s financial results will be held on Thursday, April 24, 2014 at 10:00 a.m. EDT. The conference call may be accessed by dialing (877) 303-2917 (U.S. callers) or +1 (253) 237-1135 (non-U.S. callers); a pass code is not required. Additionally, the conference call will be broadcast live over the Internet and may be accessed through the Investor Center section of KKR’s website.

    A replay of the live broadcast will be available on KKR’s website or by dialing (855) 859-2056 (U.S. callers) or +1 (404) 537-3406 (non-U.S. callers), pass code 26683527, beginning approximately two hours after the broadcast.

    ABOUT KKR

    Founded in 1976 and led by Henry Kravis and George Roberts, KKR is a leading global investment firm with $94.3 billion in assets under management as of December 31, 2013. With offices around the world, KKR manages assets through a variety of investment funds and accounts covering multiple asset classes. KKR seeks to create value by bringing operational expertise to its portfolio companies and through active oversight and monitoring of its investments. KKR complements its investment expertise and strengthens interactions with fund investors through its client relationships and capital markets platform. KKR & Co. L.P. is publicly traded on the New York Stock Exchange (KKR) and "KKR", as used in this release, includes its subsidiaries, their managed investment funds and accounts, and/or their affiliated investment vehicles, as appropriate. For additional information, please visit KKR's website.

    Sentiment: Strong Buy

  • Reply to

    2nd Quarter and 6 months Results:

    by drmicrocaps Apr 5, 2012 6:54 PM
    drmicrocaps drmicrocaps Apr 10, 2014 12:36 PM Flag

    WD-40 Company Reports Second Quarter 2014 Sales And Earnings
    PR Newswire WD-40 Company
    April 8, 2014 4:00 PM
    SAN DIEGO, April 8, 2014 /PRNewswire/ -- WD-40 Company (WDFC) today reported net sales for the second quarter ended February 28, 2014 of $94.2 million, an increase of 9% from the second quarter last fiscal year. Year-to-date net sales were $189.7 million, up 4% from the same period last fiscal year.

    Net income for the second quarter was $10.3 million, a decrease of 1% compared to the prior year fiscal quarter. Year-to-date net income was $21.8 million, an increase of 2% from the prior fiscal year period.

    Summary

    Second quarter multi-purpose maintenance products sales, which include the WD-40® and 3-IN-ONE® brands were $83.8 million, up 11% from the prior year fiscal quarter, and $167.8 million year-to-date, up 7% from the same period last fiscal year. The multi-purpose maintenance products are considered a primary focus for the Company. Homecare and cleaning products sales, which include all other brands, were $10.4 million for the second quarter, down 8%, and were $21.9 million year-to-date, down 11%, both as compared to the prior fiscal year periods. The U.S. homecare and cleaning products are considered harvest brands providing healthy profit returns to the Company and are becoming a smaller part of the business as the multi-purpose maintenance products sales grow.

    Americas segment sales in the second quarter were $45.2 million, up 12% and were $89.3 million year-to-date, up 4% compared to the same periods last fiscal year period. The Europe, Middle East, Africa and India ("EMEA") segment sales in the second quarter were $38.1 million, up 16% from the prior year fiscal quarter and were $74.6 million, up 9% compared to the prior fiscal year period. Asia-Pacific segment sales were $10.9 million in the second quarter, down 21% and were $25.8 million year-to-date, down 8% compared to the same periods last fiscal year.

    Sentiment: Hold

  • Reply to

    News

    by drmicrocaps Jan 17, 2014 8:32 AM
    drmicrocaps drmicrocaps Apr 10, 2014 11:51 AM Flag

    Labor SMART, Inc. Opens 20th Branch Location
    Denver Office Opening Adds to Growing Footprint
    Marketwired Labor SMART, Inc.
    April 7, 2014 8:50 AM

    HIRAM, GA--(Marketwired - Apr 7, 2014) - Labor SMART, Inc. (OTCQB: LTNC) (the "Company"), an emerging provider of on-demand blue collar staffing primarily in the southeastern United States, today announced the opening of its new branch location in Denver, CO. The company announced the addition of Denver to its planned locations earlier this year.

    Ryan Schadel, Labor SMART's CEO, stated, "The Denver offices marks a move for us to the Western US, where we believe there is a significant need for on-demand blue collar staffing. We look forward to serving customers in the Denver area through this new presence." Schadel added that the company intends to continue to expand nationwide and Denver provides the initial footprint for this area of the country. Prior to the Denver office, Labor SMART's presence was primarily regional with a strong concentration in the southeastern US.

    About Labor SMART, Inc.

    Labor SMART, Inc. provides On-Demand temporary labor to a variety of industries. The Company's clients range from small businesses to Fortune 100 companies. Labor SMART was founded to provide reliable, dependable and flexible resources for on-demand personnel to small and large businesses in areas that include construction, manufacturing, hospitality, event-staffing, restoration, warehousing, retailing, disaster relief and cleanup, demolition and landscaping. Labor SMART believes it can make a positive contribution each and every day for the benefit of its clients and temporary employees. The Company's mission is to be the provider of choice to its growing portfolio of customers with a service-focused approach that enables Labor SMART to be seen as a resource and partner to its clients.

  • Reply to

    2nd Quarter results will be announced

    by drmicrocaps Apr 5, 2011 10:33 AM
    drmicrocaps drmicrocaps Apr 6, 2014 2:44 PM Flag

    Second Quarter Fiscal Year 2014 Earnings Conference Call to be Held on April 8, 2014
    GlobeNewswire WD-40 Company
    April 1, 2014 4:05 PM
    SAN DIEGO, April 1, 2014 (GLOBE NEWSWIRE) -- WD-40 Company (WDFC) has scheduled its quarterly earnings conference call to discuss second quarter financial results and business highlights for fiscal year 2014. The call is scheduled for Tuesday, April 8, 2014 at 2:00pm PDT.

    In addition, the company may answer one or more questions concerning business and financial developments and trends and other business and financial matters affecting the company, some of the responses to which may contain information that has not been previously disclosed.

    This call is being webcast by Thomson Reuters and can be accessed at WD-40 Company's web site at www.wd40company.com in the Investor Relations section. The quarterly earnings press release for the second quarter will cross the wire at 1:00pm PDT on April 8, 2014.

    The webcast is also being distributed through the Thomson StreetEvents Network to both institutional and individual investors. Individual investors can listen to the call at www.earnings.com, Thomson's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson's password-protected event management site, StreetEvents.

    WD-40 Company, with headquarters in San Diego, is a global consumer products company dedicated to delivering unique, high-value and easy-to-use solutions for a wide variety of maintenance needs of "doer" and "on-the-job" users by leveraging and building the brand fortress of the company. The company markets multi-purpose maintenance products -- under the WD-40(R) and 3-IN-ONE(R) brand names. The company also markets homecare and cleaning brands: X-14(R) mildew stain remover and automatic toilet bowl cleaners, 2000 Flushes(R) automatic toilet bowl cleaners, Carpet Fresh(R) and No Vac(R) rug and room deodorizers, Spot Shot(R) aerosol and liquid carpet.

    Sentiment: Hold

  • Reply to

    News

    by drmicrocaps Jan 17, 2014 8:32 AM
    drmicrocaps drmicrocaps Apr 5, 2014 12:05 AM Flag

    Labor SMART, Inc. Continues to See Sales Increases Year Over Year
    Weather Issues Delayed New Branch Openings
    Marketwired Labor SMART, Inc.
    HIRAM, GA--(Marketwired - Apr 2, 2014) - Labor SMART, Inc. (OTCQB: LTNC) (the "Company"), an emerging provider of on-demand blue collar staffing primarily in the southeastern United States, today announced continued record revenue achievements for March 2014. Revenue overall for March 2014 was $1.438 million, a 25.7 percent increase over the $1.144 million achieved in March 2013. It should be noted that March 2013 was a five week month verses the four-weeks that made up March 2014. For those offices that have been open for a year, revenue for 2014 was $1,005,282.16, an eight percent increase over revenue achieved during the last four weeks of March 2013.

    Ryan Schadel, Labor SMART's CEO, stated, "Although we were impacted this month with significant weather related issues in areas of the country where we focus our efforts, we are very pleased with these results. Without the weather issues I believe we would have achieved revenues of approximately $1.6-1.7 million for the month."

    Schadel noted that while weather impacted revenues, it had more of an effect on the company's pace of new branch openings. "I expect that we will make up the time lost in this area," said Schadel. He said the company is not adjusting its revenue projections for the year and remains committed to achieving revenue of $30 million for 2014.

    Labor SMART's growth strategy of organic growth, new offices and acquisitions continues to be reflected in record revenues for the past 18 months. "The recent strengthening of our sales and business development team as well as our planned new branch openings and potential acquisitions in the coming months lead us to remain very bullish about the coming year," said Schadel.

SIF
34.000.00(0.00%)Apr 17 4:00 PMEDT

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