Thread- $REX (REX American Resources Corporation)

$REX {{ '2016-08-25T12:26:57+0000' | timeago}} • Announcement

Ethanol producer $REX reported a decline in 2Q16 results hurt by decrease in dried distillers grains pricing and YoverY increase in grain costs. $REX said net income fell 49.9% to $8.2MM or $1.24 per share from $16.37MM or $2.16 per share a year ago. Net sales and revenue rose 1.96% to $115.71MM from $113.48MM.

$AZO {{ '2017-05-23T14:40:45+0000' | timeago}} • Webcast

$AZO opened one additional mega hub location in 3Q17 and currently has 14 in operation. The company is working on the development of future sites and expects to open two more in 4Q17 with a handful under development. $AZO is developing two new distribution centers in Washington and Florida and expects each of these to cost about $60MM in capital.

$AZO {{ '2017-05-23T14:32:25+0000' | timeago}} • Webcast

In 3Q17, $AZO’s maintenance category did not perform well. The maintenance category’s challenges were created during the tax refund delay and only gradually improved as the quarter progressed. The company expects this category to improve its performance during 4Q17. The commercial business expanded by 3.6% while opening 56 net new programs.

$ACN {{ '2017-05-23T14:27:09+0000' | timeago}} • Announcement

$ACN formed a strategic alliance with Nomis Solutions to be the preferred systems integrator for Nomis’ solutions, providing implementation and systems integration, business consulting, support and maintenance, and business-process-integration services.

$MOMO {{ '2017-05-23T14:21:29+0000' | timeago}} • Webcast

$MOMO said that the company did not see much changes in the revenue distribution pattern on the broadcasters side and on the paying user side in 1Q17. On marketing, $MOMO stated that it has plans to increase its investment in the marketing campaign including marketing channels for new user acquisition.

$AZO {{ '2017-05-23T14:21:13+0000' | timeago}} • Webcast

$AZO decided to accelerate some investments in its business. The company is investing at an increased rate in inventory and Capex, with two new distribution centers under construction. $AZO opened a second distribution center in Mexico in the fall. The company increased its Opex as part of its frequent delivery and megahub efforts.

Recent Transcripts

A (Agilent Technologies Inc.)
Monday, May 22 2017 - 8:30pm
TWMC (Trans World Entertainment Corporation)
Monday, May 22 2017 - 2:00pm
PTNR (Partner Communications Company Ltd.)
Monday, May 22 2017 - 2:00pm
NTWK (NetSol Technologies, Inc.)
Monday, May 22 2017 - 1:00pm
DCIX (Diana Containerships Inc.)
Monday, May 22 2017 - 1:00pm

AlphaGraphics you may like