|Bid||28.27 x 1100|
|Ask||28.55 x 1400|
|Day's Range||28.28 - 29.21|
|52 Week Range||20.94 - 40.95|
|Beta (5Y Monthly)||0.84|
|PE Ratio (TTM)||24.38|
|Earnings Date||Aug 05, 2020 - Aug 10, 2020|
|Forward Dividend & Yield||0.48 (1.72%)|
|Ex-Dividend Date||May 21, 2020|
|1y Target Est||31.50|
In its continuous efforts to bring talented leaders to the organization, Core-Mark Holding Company, Inc. (NASDAQ: CORE) (“the Company”), one of the largest marketers of fresh, food and broad-line supply solutions to the convenience retail industry in North America, announced today that Jennifer Hulett will join the Company as Senior Vice President and Chief Human Resource Officer, effective immediately. Ms. Hulett’s career has been highlighted by continuous progression through executive level roles at leading global organizations and she brings a wealth of knowledge and experience to the company.
WESTLAKE, Texas, May 11, 2020 -- Core-Mark Holding Company, Inc. (NASDAQ: CORE), one of the largest marketers of food, fresh and broad-line supply solutions to the convenience.
Today's call will be led by Scott McPherson, our president and chief executive officer; and Chris Miller, our chief financial officer. Before turning the call over to Scott, I will point out that Core-Mark intends to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act, as noted in the earnings release we filed this morning.
Core-Mark (CORE) delivered earnings and revenue surprises of 69.23% and 1.65%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
First Quarter Net Sales Increased 4.9% to $3.94 BillionNet Income increased to $4.3 Million versus $1.3 Million last yearDiluted EPS increased to $0.09 per share versus $0.03.
WESTLAKE, Texas, April 27, 2020 -- Core-Mark Holding Company, Inc. (NASDAQ: CORE), announced today that it will release its earnings before the market opens on Thursday, May.
An apparent slowdown in deaths and hospitalizations from the coronavirus that causes COVID-19 the U.S. epicenter New York weighed against a grim forecast for the global economy and a widening row between President Donald Trump and state governors over how to get Americans back to work.
Core-Mark Holding Co. Inc. said Tuesday it is taking a series of measures to combat the effects of COVID-19, after the marketer of fresh, food and other products to the convenience retail industry saw sales slide in recent weeks. After enjoying a sales bump in the first few weeks of March, Westlake, Texas-based Core-Mark said sales fell 12% in the week ended April 10, as cigarette sales fell 7% and non-cigarette sales fell 20%. The company expects that trend to continue until stay-at-home orders are lifted and is cutting staff, reducing hours and suspending contributions to its 401-k program. The company is also suspending share buybacks, although it has no plans to modify its dividend. It is withdrawing its 2020 guidance and deferring non-critical spending to perserve liquidity, reducing inventory levels to align with sales volumes and managing accounts receivable. The company said it believes it has sufficient liquidity to get through the crisis and that it still has $400 million in availability under a revolving credit facility. Shares were not active premarket, but have gained 7% in the year to date, while the S&P 500 has fallen 15%.
Core-Mark Holding Company, Inc. (COR), one of the largest marketers of fresh, food and broad-line supply solutions to the convenience retail industry in North America, provided an update on the impact of the novel coronavirus pandemic (“COVID-19”). “As the COVID-19 crisis continues to evolve, our primary focus is on the health and safety of our employees, our customers and the communities in which we serve,” said Scott E. McPherson, President and Chief Executive Officer.
For long-term investors, assessing earnings trend over time and against industry benchmarks is more beneficial than...