The "Street has #$%$ coming in at .76 for the quarter that should be reported on or about January 06, 2013!
All post's welcome!
The "Good Dr's In"!
Rick's Cabaret International, Inc. Reports $13.4 Million Non-GAAP Net Income For Fiscal 2013 vs. Year Ago $12.3 Million; Non-GAAP EPS Was $1.40 vs. $1.27
PR Newswire Rick's Cabaret International, Inc.
December 16, 2013 4:05 PM
HOUSTON, Dec. 16, 2013 /PRNewswire/ -- Rick's Cabaret International, Inc., (RICK), the publicly traded hospitality company operating gentlemen's clubs and restaurants, today reported non-GAAP* net income of $13.4 million for the year ended September 30, 2013 vs. $12.3 million in the previous year, on revenue of $112.2 million vs. $95.2 in the previous year. Non-GAAP EPS was $1.40 vs. $1.27 in the previous year. GAAP net income was $9.2 million vs. $7.6 million, with EPS of 96 cents vs. 78 cents last year.
For its fourth quarter ended September 30, 2013, the Company GAAP net income was $1.6 million vs. $1.5 million in the previous year; non-GAAP net income was $2.5 million vs. $3.0 million last year; GAAP EPS was 17 cents for the quarter vs. 15 cents last year; non-GAAP EPS for the fourth quarter of 2013 was 27 cents vs. 31 cents last year.
"Fiscal 2013 was in many ways a transitional year for us as we moved from a recessionary model in many clubs to our more typical formats," said President and CEO Eric Langan. "This shift means that some lower margin customers are visiting the clubs less frequently, but higher margin guests are returning, which helps improve our income picture. The year was also notable for the launch of our restaurant division, which we believe will become a solid growth catalyst in the future. Going forward, we are looking at a strong 2014. We have over 40 locations open at the present time, with six more in various stages of development or construction. We continue to examine acquisition possibilities and ways to unlock the value of our real estate."
Sentiment: Strong Buy
Sanderson Farms, Inc. Reports Results for Fourth Quarter and Fiscal 2013
Sanderson Farms, Inc. (SAFM) today reported results for the fourth quarter and fiscal year ended October 31, 2013.
Net sales for the fourth quarter of fiscal 2013 were $727.1 million compared with $648.4 million for the same period a year ago. For the quarter, the Company reported net income of $45.3 million, or $1.97 per share, compared with net income of $9.3 million, or $0.41 per share, for the fourth quarter of fiscal 2012.
Net sales for fiscal 2013 were $2.683 billion compared with $2.386 billion for fiscal 2012. Net income for the year totaled $130.6 million, or $5.68 per share, compared with net income of $53.9 million, or $2.35 per share, for last year.
"The fourth quarter of fiscal 2013 marked a strong finish to a successful year for Sanderson Farms and the poultry industry,” said Joe F. Sanderson, Jr., chairman and chief executive officer of Sanderson Farms, Inc. "We reported record annual sales of $2.683 billion, a 12.4 percent increase over fiscal 2012. While poultry markets improved compared to fiscal 2012, grain prices remained near record high levels during much of fiscal 2013 before moderating during the fourth quarter on optimism surrounding the current year’s grain harvest. However, the improved poultry market prices more than offset the higher feed costs, and our margins improved significantly during fiscal 2013 compared to fiscal 2012. For the year, we sold 3.031 billion pounds of dressed poultry, another record, compared with 2.952 billion pounds in fiscal 2012.”
According to Sanderson, overall market prices for poultry products were higher in the fourth quarter of fiscal 2013 compared with prices a year ago, but came down significantly from peaks earlier during the year.
Sentiment: Strong Buy
Rick's Cabaret International, Inc. To Announce Fiscal Year Results December 16Th
PR Newswire Rick's Cabaret International, Inc.
December 12, 2013 9:05 AM
HOUSTON, Dec. 12, 2013 /PRNewswire/ -- Rick's Cabaret International, Inc. (Nasdaq:GM: RICK), a leading hospitality company operating restaurants and adult nightclubs, will announce results of its fiscal year ending September 30 on December 16th. The company will provide a conference call and webcast hosted by president and CEO Eric Langan.
The conference call and webcast will begin at 4:30 p.m. ET and participants may dial in toll free at 877-407-8033 (International dial 201-689-8033). Replays of the call will be available until January 16, 2014 at 877-660-6853
The company also invited investors and others interested in the company to attend a Due Diligence event at Rick's Cabaret in New York City at 50 West 33rd Street following the conference call. Guests will receive a tour of the facility and talk with the company's investor relations staff.
About Rick's Cabaret: Rick's Cabaret International, Inc. (RICK) is a hospitality company that is home to restaurants and upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, Miami, Philadelphia, Charlotte, Dallas/Ft. Worth, Houston, Minneapolis, Indianapolis and other cities are named "Rick's Cabaret," "XTC," "Club Onyx" and "Tootsie's Cabaret," "Bombshells," "Ricky Bobby Sports Saloon" and other brand names. Sexual contact is not permitted at any locations. Subsidiaries of Rick's Cabaret also include a media division, ED Publications. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK.
Sentiment: Strong Buy
The Street has SAFM coming in at 2.30 for the 4th Quarter of 2013
All post's welcome!
The "Good Dr's In"!
Sentiment: Strong Buy
Shelby American Brings Back Iconic Shelby GT for 2014 with World-Class Power and Performance
Supercharged Optioned Shelby GT/SC Offers up to 624 HP
Shelby GT unveiled at the LA Auto Show
Available in 430 HP naturally aspirated, 525 HP or 624 HP GT/SC versions
Shelby GT/SC version expected to go 0-60 mph in 3.7 seconds
Business Wire Shelby American, Inc.
November 21, 2013 2:30 PM
Shelby American Brings Back Iconic Shelby GT for 2014 with World-Class Power and Performance.
Shelby GT unveiled at the LA Auto Show. Available in 430 HP naturally aspirated, 525 HP or 624 HP GT/SC …
LOS ANGELES--(BUSINESS WIRE)--
Shelby American, a wholly owned subsidiary of Carroll Shelby International Inc. (CSBI:PK), returned one of its most popular cars to the lineup today by unveiling the Shelby GT at the LA Auto Show. The new generation Shelby GT is based on the 2014 Ford Mustang GT with an incredibly attractive base price and 430 HP. The optional Shelby GT/SC supercharged model comes in either a 525 HP or a staggering 624 HP version, making it the most potent version of the car ever made.
“The Shelby GT was one of the most important vehicles in modern day Shelby history,” said John Luft, president of Shelby American. “It kicked off Shelby’s rebirth in Las Vegas by putting a Mustang-based small block car into Ford dealerships. Ever since the Shelby GT went out of production, people have clamored for its return.”
In 2007, Ford Division, Carroll Shelby and Ford Racing created the Shelby GT. Beginning as 4.6L Mustang GT’s assembled at Ford’s Flat Rock, Mich. plant, they were shipped to Shelby in Las Vegas for transformation. The 320 HP 2007 Shelby GT coupes were all Performance White or Black with silver stripes. In 2008, Shelby added Vista Blue and a choice of coupe or convertible. About 8,000 Shelby GT’s were built.
Sentiment: Strong Buy
WD-40 Company First Quarter Fiscal 2014 Dividend Increase Announcement
PR Newswire WD-40 Company
10 hours ago
SAN DIEGO, Dec. 10, 2013 /PRNewswire/ -- WD-40 Company (WDFC) today announced that its board of directors declared on Tuesday, December 10, 2013 a 10% increase of its regular quarterly dividend to $.34 per share, payable January 31, 2014 to stockholders of record on January 6, 2014.
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®, 3-IN-ONE® and BLUE WORKS® brand names. The company also markets homecare and cleaning brands: X-14® mildew stain remover and automatic toilet bowl cleaners, 2000 Flushes® automatic toilet bowl cleaners, Carpet Fresh® and No Vac® rug and room deodorizers, Spot Shot® aerosol and liquid carpet stain removers, 1001® household cleaners and rug and room deodorizers, and Lava® and Solvol® heavy-duty hand cleaners.
WD-40 Company markets its products in 187 countries worldwide and recorded sales of $368.5 million in fiscal year 2013.
Newell Rubbermaid Appoints Paula S. Larson Chief Human Resources Officer
Global executive is known for leading change and building high-performing organizations
Business WirePress Release: Newell Rubbermaid – Thu, Dec 5, 2013 11:03 AM EST
Newell Rubbermaid Appoints Paula S. Larson Chief Human Resources Officer. (Photo Business Wire) Multimedia Gallery URLView Photo
Newell Rubbermaid Appoints Paula S. Larson Chief Human Resources Officer. (Photo Business Wire) Multimedia Gallery URL
Symbol Price Change
NWL 31.21 +0.28
Newell Rubbermaid (NWL) today announced it has appointed Paula S. Larson, a global executive known for building high-performing organizations and employee development, to the position of Executive Vice President and Chief Human Resources Officer, effective Dec. 16. She succeeds James M. Sweet, who is retiring after nearly a decade of leading the company’s transformation efforts.
Larson, age 50, has built her career leading change as both an HR business partner and strategic consultant. Her emphasis on cultural and geographic diversity comes from having worked extensively across 80 countries, including living in Asia, Europe and North America. Most recently, she was Chief Human Resources Officer for The Western Union Company, where she revamped the company’s approach to people development and drove a performance-based culture to help accelerate growth. Previously, as Chief Human Resources Officer at Invensys plc, the London-based global technology group, she helped engineer the transition from a holding company into an integrated operating company, which helped drive Invensys to a top-5 performance among the London FTSE100 during the difficult recession year of 2009.
Lithia Motors Reports Adjusted EPS of $1.13 for Third Quarter 2013, Revenue Up 22%; Increases 2013 Outlook
Lithia Motors Declares $0.13 per Share Dividend for Third Quarter 2013
MEDFORD, OR--(Marketwired - Oct 23, 2013) - Lithia Motors, Inc. (NYSE: LAD) today reported the highest quarterly adjusted net income from continuing operations in Company history, and a 27% increase in adjusted net income per share from continuing operations for the third quarter 2013 over the prior year period.
Adjusted income from continuing operations for the third quarter 2013 was $29.6 million, or $1.13 per diluted share. This compares to 2012 third quarter income from continuing operations of $23.1 million, or $0.89 per diluted share.
Unadjusted net income from continuing operations for the third quarter of 2013 was $30.9 million, or $1.18 per diluted share. As shown in the attached non-GAAP reconciliation tables, the 2013 third quarter adjusted results from continuing operations exclude a $1.3 million benefit, or $0.05 per diluted share, related to a non-core tax attribute. We did not have any adjustments to the 2012 third quarter results from continuing operations.
Third quarter 2013 revenue from continuing operations increased $190.8 million, or 22%, to $1.1 billion from $878.5 million in the third quarter of 2012.
Third Quarter-over-Quarter Operating Highlights:
•New vehicle same store sales increased 16%
•Used vehicle retail same store sales increased 17%
•Service, body and parts same store sales increased 6%
•SG&A expense as a percentage of gross profit decreased 120 basis points to 65.6%
"Our stores delivered another solid quarter of sales growth that outpaced the national rate of recovery," said Bryan DeBoer, President and CEO. "However, opportunities continue to exist for our team to improve new and used vehicle sales volumes and new vehicle gross margin level
Sentiment: Strong Buy
NTN Buzztime, Inc. Announces Third Quarter 2013 Results and Multi-Year Agreement with Buffalo Wild NTN Buzztime, Inc.
November 13, 2013 4:15 PM
CARLSBAD, Calif., Nov. 13, 2013 /PRNewswire/ -- NTN Buzztime, Inc. (NYSE MKT: NTN) today announced results for the quarter ended September 30, 2013. The Company also announced the signing of a multi-year service agreement with Buffalo Wild Wings, Inc. (BWLD).
"During the third quarter, we continued to aggressively invest in product and platform development while still managing to generate cash flow. This coupled with the $2.4 million in gross proceeds raised in a private placement disclosed earlier today gives us the ability to execute more aggressively on our growth plans. These growth plans are centered around our new Buzztime BEOND platform that was recently launched commercially, including the new agreement with Buffalo Wild Wings, a leader in the retail technology space," said Buzztime CEO, Jeffrey Berg. "Buffalo Wild Wings has a publicly stated goal of growing to over 2,000 locations over the coming years, and we are excited to be a fundamental part of their future. This partnership confirms our ongoing mission of entertaining consumers in ways that bring long-term value to our merchant partners," continued Mr. Berg.
Results for the Third Quarter Ended September 30, 2013
Revenues for the third quarter of 2013 were $5.5 million compared to $6.1 million for the same period in 2012. Gross margin as a percentage of revenue decreased to 72% for the third quarter of 2013 from 75% for the same period of 2012. Direct costs remained flat at $1.5 million for the third quarter of 2013 compared to the same period of 2012.
Interim Financial Information
Condensed Consolidated Statement of Comprehensive Income
For the Six Months Ended
Notes (in thousands)
Casino 13,995,004 13,556,022
Rooms 73,529 67,315
Food and beverage 93,182 94,192
Retail and other 758,020 707,370
Operating costs and expenses
Gaming taxes and premiums 7,208,748 6,975,607
Staff costs 1,157,957 1,136,371
Other operating expenses 3 2,458,974 2,405,165
Depreciation and amortization 451,936 447,894
Property charges and other, net (6,381) 45,135
Operating profi t 3,648,501 3,414,727
Finance revenues 4 61,649 24,931
Finance costs 5 (159,192) (111,165)
Net foreign currency differences 22,528 (4,528)
Changes in fair value of interest rate swaps 129,252 20,725
Profi t before tax 3,702,738 3,344,690
Income tax expense 6 7,524 7,524
Net profi t attributable to owners of the Company 3,695,214
Nature's Sunshine Products Reports Third Quarter 2013 Financial Results
Nature's Sunshine Products, Inc. November 6, 2013 4:30 PM
•Third quarter net sales revenue growth of 1.3 percent (2.4 percent in local currency)
•Significant investment spending, resulting in lower operating income margin
•Board of Directors approved a $0.10 per share regular quarterly dividend
•Repurchased 107,722 shares of common stock
LEHI, Utah, Nov. 6, 2013 (GLOBE NEWSWIRE) -- Nature's Sunshine Products, Inc. (NATR), a leading natural health and wellness company engaged in the manufacture and direct selling of nutritional and personal care products, today reported its consolidated financial results for the third quarter ended September 30, 2013 and declared a regular quarterly cash dividend of $0.10 per share.
"We're pleased with our third quarter results which reflect continued progress across both our NSP and Synergy businesses," commented Gregory L. Probert, Chairman and Chief Executive Officer. "In addition to Synergy's record sales quarter and NSP Russia, Central and Eastern Europe's fourth consecutive quarter of year-over-year sales growth, we experienced double digit growth in Mexico.
"These improvements are the early result of our incremental investments in sales and marketing personnel, R&D and new product development, distributor training, sales incentive programs and information technology. These investments amounted to $1.3 million of additional SG&A expense in the third quarter, the majority of which is recurring and will negatively impact our near-term operating income margin. However, these essential investments position us to drive sales growth in all of our markets and to restore our operating income margin to double digits in 2015.
"In addition, we are in the early stages of a $40 million Oracle ERP implementation that will provide us with a single integrated software solution and greatly enhance our
Sentiment: Strong Buy
RLJ Entertainment Reports Financial Results for the Third Quarter Ended September 30, 2013
RLJ Entertainment, Inc. November 7, 2013 9:49 AM
SILVER SPRING, Md., Nov. 7, 2013 (GLOBE NEWSWIRE) -- RLJ Entertainment Inc., ("RLJ Entertainment" or "the Company") (RLJE), today reported results for the third quarter ended September 30, 2013. Full detail of the financial results as well as Management Discussion and Analysis, or MD&A, can be found in the Company's Form 10-Q filed with the SEC.
RLJ Entertainment is a leading creator, owner and distributor of media content across digital, broadcast and physical platforms. The Company leverages its branding expertise, access to content and direct to consumer skills to optimize the value of its programs for distinct audiences. RLJ Entertainment was formed in October 2012 through the business combination of RLJ Acquisition, Inc., Image Entertainment, Inc. and Acorn Media Group, Inc.
RLJ Entertainment is focused on driving growth through the development of interest-based entertainment services for targeted audiences in niche genres including British drama and mystery, urban, action/thriller, and fitness, by using new technologies to deliver that content to consumers.
Robert L. Johnson, Chairman of RLJ Entertainment stated, "The business continued to perform on plan this quarter and I am pleased to see the results of management's focus on driving greater efficiencies across all areas of the business. With a capital reallocation strategy that will more effectively maximize the Company's cash flow combined with strategic cost savings, the business is well positioned to execute on its strategic growth plan and to build shareholder value."
TheStreet Reports Third Quarter 2013 Results
TheStreet, Inc. November 7, 2013 4:01 PM
NEW YORK, Nov. 7, 2013 /PRNewswire/ -- TheStreet, Inc. (TST), a leading digital financial media company, today reported financial results for the third quarter of 2013. The Company reported revenue of $13.6 million, a net loss of $1.2 million and Adjusted EBITDA(1) of $261 thousand for the quarter.
The Company generated $481 thousand in operating cash flow for the nine months ended September 30, 2013, compared to a use of $5.8 million in operating cash flow for the prior year period.
Revenue for the third quarter increased 17% compared to the same period last year and 1% sequentially. Subscription Services revenue was $11.2 million for the third quarter, an increase of 25% compared to the prior year period and 4% sequentially. The increase in revenue was the result of our acquisitions of The Deal and DealFlow Media properties, completed in September 2012 and April 2013, respectively. Media revenue was $2.4 million for the third quarter, a decrease of 9% compared to the prior year period and 11% sequentially.
"TheStreet's third quarter revenue growth of 17% is our second consecutive quarter with year-over-year revenue growth and reflects the continued execution of our strategy," said Elisabeth DeMarse, Chairman, President and Chief Executive Officer. "It's a very exciting time for TheStreet. We're growing our topline, generating cash, expanding our robust M&A pipeline and investing in great products with market appeal that can dominate", concluded DeMarse.
Operating expenses in the third quarter of 2013 were $14.8 million, a decrease of 7% as compared to the prior year period. Excluding restructuring charges, operating expenses increased by $1.9 million as the result of our acquisitions.
Nathan's Famous, Inc. Reports Second Quarter Results
Nathan's Famous, Inc. 2 hours ago
JERICHO, N.Y., Nov. 8, 2013 /PRNewswire/ -- Nathan's Famous, Inc. (NATH) today reported results for the second quarter of its 2014 fiscal year that ended September 29, 2013.
For the fiscal quarter ended September 29, 2013:
•Net income was $2,648,000 as compared to $2,845,000 for the thirteen weeks ended September 23, 2012;
•Earnings per diluted share were $0.57 as compared to $0.62 for the thirteen weeks ended September 23, 2012; and
•Revenues increased by 10.8% to $23,662,000, as compared to $21,360,000 during the thirteen weeks ended September 23, 2012.
For the twenty-six weeks ended September 29, 2013:
•Net income increased by 23.7% to $6,002,000 as compared to $4,851,000 for the twenty-six weeks ended September 23, 2012;
•Earnings per diluted share increased by 22.6% to $1.30 as compared to $1.06 for the twenty-six weeks ended September 23, 2012; and
•Revenues increased by 13.3% to $47,063,000, as compared to $41,542,000 during the twenty-six weeks ended September 23, 2012.
The Company also reported the following:
•In March 2014, our new license agreement will commence with John Morrell & Co. replacing SMG, Inc. as Nathan's exclusive licensee to manufacture and sell branded hot dog, sausage and corned beef products at retail. As previously disclosed, we believe the financial terms of the John Morrell agreement are more advantageous to us compared to the financial terms of the current SMG agreement. Among those improved terms are royalties of 10.8% of net sales, compared to approximately 4.5% of net sales under the SMG agreement, as well as significant minimum annual royalty guarantees. Under the John Morrell Agreement, the minimum guarantee for the first year is $10 Million, and we believe that actual royalties should exceed the minimum.
#$%$ incorporated Reports the Hiring of Mr. Tom E. Ferguson as President and Chief Executive Officer
#$%$ incorporated Hires Mr. Tom Ferguson to Serve as President and Chief Executive Officer and elects Mr. Ferguson to Serve on #$%$ incorporated's Board of Directors
PR NewswirePress Release: #$%$ incorporated – Mon, Nov 4, 2013 4:01 PM EST..
FORT WORTH, Texas, Nov. 4, 2013 /PRNewswire/ -- #$%$ incorporated (#$%$) ("#$%$") today announced that it had reached an agreement with Mr. Tom E. Ferguson under which Mr. Ferguson will serve as President and Chief Executive Officer of #$%$ and that Mr. Ferguson has been elected to serve on #$%$'s Board of Directors. Mr. Ferguson, 57 has extensive experience in the industries in which #$%$ operates, having served as Chief Executive Officer of FlexSteel Pipeline Technologies, Inc., a provider of pipeline technology products and services, immediately prior to his employment with #$%$. Prior to serving in this position, Mr. Ferguson spent 25 years serving in various executive capacities with Flowserve Corp. (a NYSE listed company), a global provider of fluid motion and control products and services, and its affiliates. Mr. Ferguson will begin his employment with #$%$, and will become a member of #$%$'s Board of Directors, effective Monday, November 4, 2013.
Kevern Joyce, Chairman of the Board of Directors of #$%$, said "We are excited to have the opportunity to move forward with Tom Ferguson as President and CEO of #$%$. Tom will be a great asset to #$%$, as he brings significant business and leadership experience in the industries in which we operate. We feel that Tom's experience and track record in achieving business growth, both organically and through acquisitions, will be instrumental in helping our company pursue its strategic vision."
Sentiment: Strong Buy
Lakes Entertainment Announces Results for Third Quarter 2013
Business WirePress Release: Lakes Entertainment, Inc. – 7 hours ago..
Lakes Entertainment, Inc. (LACO) today announced results for the three and nine months ended September 29, 2013.
Third Quarter Results
Net earnings for the third quarter of 2013 were $19.6 million, compared to a net loss of $1.0 million for the third quarter of 2012. Earnings from operations were $18.8 million for the third quarter of 2013 compared to a loss from operations of $2.5 million for the third quarter of 2012. Basic and diluted earnings per share were $0.74 and $0.73, respectively, for the third quarter of 2013 compared to basic and diluted losses of $0.04 per share for the third quarter of 2012.
Lakes Entertainment reported third quarter 2013 net revenues of $15.5 million, compared to prior-year third quarter net revenues of $3.6 million. Included in these amounts were net revenues of $14.1 million and $1.7 million for the third quarters of 2013 and 2012, respectively, related to the operation of the Rocky Gap Casino Resort near Cumberland, Maryland (“Rocky Gap”), which Lakes acquired on August 3, 2012 and which commenced gaming operations on May 22, 2013. Also included in net revenues were $1.4 million in management fees earned during the third quarter of 2013 compared to $1.9 million earned during the third quarter of 2012 related to the Red Hawk Casino, owned by the Shingle Springs Band of Miwok Indians (the “Tribe”), near Sacramento, California. The decrease in management fees earned during the third quarter of 2013 compared to the third quarter of 2012 was due to the August 29, 2013, termination of the management agreement between Lakes and the Tribe for the management of the Red Hawk Casino which resulted in only two months of management
Sentiment: Strong Buy