Thread- $INTU (Intuit Inc.)

$INTU {{ '2015-11-19T21:26:52+0000' | timeago}} • Announcement

$INTU, a tax preparation software maker, reported a loss for 1Q16. $INTU said it posted a net loss of $31MM, or $0.11 per share compared to a net loss of $84MM or $0.29 in 1Q15. Revenue rose 17% YoverY to $713MM. Total QuickBooks Online subscribers rose by 57% and QuickBooks Online subscribers outside the U.S. more than doubled to 215,000.

$KR {{ '2017-05-23T18:47:09+0000' | timeago}} • Announcement

$KR announced the retirement of Jay C and Ruler division President Paul Bowen, effective June 21, 2017. His successor will be named at a later date. Bowen has held his current role since 2003, where he oversees 71 Jay C and Ruler stores operating in Illinois, Indiana, Kentucky, Missouri, Ohio and Tennessee.

$MKC {{ '2017-05-23T18:43:18+0000' | timeago}} • Announcement

$MKC appointed Tony Vernon, retired CEO of Kraft Foods Group, to its BoD effective May 23, 2017. He currently serves on the boards of $XENT, $NVCR and $AXON.

$KIRK {{ '2017-05-23T18:30:22+0000' | timeago}} • Webcast

$KIRK sees e-commerce growth to exceed 20% as it looks forward. Strong improvement is expected in second half of FY17, particularly 4Q17.

$NDSN {{ '2017-05-23T18:26:30+0000' | timeago}} • Webcast

$NDSN said that from a operating margin perspective, it does not expect pension to have a material impact on its overall operating margin on passing 3Q17 one-time charges. Effective tax rate for FY17 is expected in the range of 29%, while normal maintenance CapEx is expected to be approx. $50MM.

$KIRK {{ '2017-05-23T18:25:44+0000' | timeago}} • Webcast

As $KIRK posted its 1Q17 results, it sees store closings to occur throughout the first half of FY17, while new store openings are expected in 2Q17 and 3Q17.

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