$HMIN (Homeinns Hotel Group)

$HMIN {{ '2015-12-07T15:57:27+0000' | timeago}} • Announcement

Leading economy hotel chain in China $HMIN said that it has entered into a definitive merger agreement with BTG Hotels Group. BTG will acquire $HMIN for a cash consideration of $17.90 in cash per ordinary share or $35.80 in cash per American depositary share of the company, each of which represents two shares.

$GWW {{ '2017-07-19T19:32:05+0000' | timeago}} • Webcast

In the US segment, $GWW said it expects volume growth of 6-8% in the back half of the year, based on price changes. The company, meanwhile, did not give a month-wise update on volume growth.

$GWW {{ '2017-07-19T18:59:11+0000' | timeago}} • Webcast

$GWW said its mid-size customer volume continued to accelerate throughout 2Q17 and was positive for the first time in five years during the quarter. The company added that currently, about 50% of the mid-size customer volume is on more competitive pricing.

$GWW {{ '2017-07-19T14:00:08+0000' | timeago}} • Infographic

$GWW W.W. Grainger, Inc. Earnings AlphaGraphic: Q2 2017 Highlights

$GWW {{ '2017-07-19T12:44:44+0000' | timeago}} • Announcement

$GWW's sales for the US segment were up 1% YoY in 2Q17, driven by a 5 percentage point increase from volume. Canada segment sales fell 3% in US dollars, while sales for the Other Businesses increased 11% during this period.

$GWW {{ '2017-07-19T12:41:24+0000' | timeago}} • Announcement

In the US segment, $GWW's gains from the sale of assets in 2Q17 were offset by restructuring costs. The Canadian business announced plans to close 59 branches in 2017 as part of restructuring. $GWW also announced the wind-down of its business in Colombia. Restructuring items represented $1.07 per share in charges.  Excluding them, EPS decreased 5%.

$GWW {{ '2017-07-19T12:37:57+0000' | timeago}} • Announcement

$GWW CFO Ron Jadin announced that he will be retiring at 2017-end. Jadin joined Grainger in 1998 and has served in various financial roles including as CFO since 2008.

$GWW {{ '2017-07-19T12:34:09+0000' | timeago}} • Announcement

Despite a drastic fall in earnings in 2Q17, $GWW reiterated its 2017 sales and EPS guidance of sales growth of 1-4% and adjusted EPS of $10-11.30. CEO DG Macpherson said, "Outside the US, we took aggressive action to streamline our portfolio and focus on profitable businesses. Based on what we are seeing, we are reiterating our 2017 guidance."

$GWW {{ '2017-07-19T12:26:52+0000' | timeago}} • Announcement

Industrial supplies company $GWW saw 43% fall in net earnings in 2Q17, even as sales increased 2% to $2.61Bil. The sales growth during the quarter was spurred by its continued volume growth from the pricing initiatives in the US. Net earnings were $98MM, or $1.67 per share, compared to $173MM, or $2.79 per share in the year-over period.

$WYN {{ '2017-07-18T17:00:12+0000' | timeago}} • Announcement

$WYN acquired Minnesota-based AmericInn hotel brand and its management company, Three Rivers Hospitality, from Northcott Hospitality for $170MM. AmericInn's portfolio consists of 200 primarily franchised hotels with about 11,600 rooms in 21 states, predominately in the Midwestern U.S., Ohio Valley, and Mountain states.

$MCS {{ '2017-06-28T13:48:13+0000' | timeago}} • Announcement

$MCS said its Marcus Hotels & Resorts division has promoted Mike Swasey to SVP of Operations. Joe Sebestyen has been named Area VP of Operations and Linda Price Topp has been promoted to VP of Sales.

$ADBE {{ '2017-06-20T21:48:17+0000' | timeago}} • Webcast

$ADBE expects its revenue and EPS to grow sequentially from 3Q17 to 4Q17. Major customer wins in 2Q17 included $BBY, $CSCO, $MS and $VZ. In Experience Cloud business, mobile data transactions grew to 57% of total Adobe Analytics transactions in the recently ended quarter.

$SPG {{ '2017-06-15T17:11:54+0000' | timeago}} • Announcement

Genting Simon, a joint venture between Genting Plantations and $SPG, has opened Genting Highlands Premium Outlet, its second Premium Outlet Center in Malaysia. The 278,000 sq-ft facility will feature over 130 designers and brand name stores.

$BBY {{ '2017-05-25T12:45:59+0000' | timeago}} • Webcast

$BBY's Enterprise revenue increased 1% to $8.5Bil in 1Q18. The increase in Enterprise adjusted diluted EPS was driven by higher gross profit rate in the domestic business, the flowthrough of higher domestic revenue and a $0.02 per share benefit from the net share count change.

$BBY {{ '2017-05-25T12:32:45+0000' | timeago}} • Webcast

In 1Q18, $BBY achieved $50MM in annual cost reductions and gross profit optimization. The company has now reached its $400MM target three fiscal quarters ahead of its original deadline. $BBY is announcing a new target of $600MM in additional cost reduction and gross profit optimization to be completed by the end of FY21.

$BBY {{ '2017-05-25T12:19:55+0000' | timeago}} • Webcast

During 1Q18, $BBY grew Enterprise comparable sales by 1.6%, improved adjusted operating income rate by 70BP to 3.5% and delivered adjusted diluted EPS of $0.60, up 40% compared to 1Q17. Revenue was higher than expectations due to strong performance in gaming and better-than-expected results in mobile.

$BBY {{ '2017-05-25T12:05:52+0000' | timeago}} • Announcement

$BBY now expects FY18 Enterprise revenue to grow 2.5%. "We are expecting full year non-GAAP operating income growth of 3.5% to 8.5% versus our original guidance of 1% to 3% growth," said Best Buy CFO Corie Barry.

$BBY {{ '2017-05-25T12:02:35+0000' | timeago}} • Announcement

$BBY now sees 2Q18 Enterprise revenue of $8.6-8.7Bil, with an Enterprise comparable sales change of 1.5-2.5%. Domestic comparable sales change is expected in the range of 1.5% to 2.5%, while that of International is touted to be flat to 3.0%. The retail chain expects non-GAAP diluted EPS of $0.57 to $0.623 in the coming quarter.

$BBY {{ '2017-05-25T11:59:33+0000' | timeago}} • Announcement

Domestic revenue of $BBY rose 1.1% to $7.9Bil in 1Q18, while International revenue inched 0.3% up to $616MM. During the quarter, BestBuy returned $478MM to shareholders through share repurchases and dividends.

$BBY {{ '2017-05-25T11:57:45+0000' | timeago}} • Infographic

$BBY Best Buy Inc. Earnings AlphaGraphics: Q1 2018 highlights

$BBY {{ '2017-05-25T11:54:12+0000' | timeago}} • Announcement

Revenue of $BBY inched 1% up to $8.5Bil in 1Q18, as the retail chain's net earnings from continuing operations slid to $188MM from last year's $226MM. Earnings from continuing operations fell to $0.60 per diluted share from $0.69 a share, with cost of goods sold jumping to $6.5Bil from $6.3Bil.

Recent Transcripts

GWW (W.W. Grainger, Inc.)
Wednesday, July 19 2017 - 3:00pm
BBY (Best Buy Co., Inc.)
Thursday, May 25 2017 - 12:00pm
HTHT (China Lodging Group, Limited)
Thursday, May 11 2017 - 1:00am
RLH (Red Lion Hotels Corporation)
Monday, May 8 2017 - 9:00pm
G (Genpact Limited)
Thursday, May 4 2017 - 8:30pm
H (Hyatt Hotels Corporation)
Thursday, May 4 2017 - 3:30pm
LQ (La Quinta Holdings Inc.)
Wednesday, May 3 2017 - 9:30pm
SHO (Sunstone Hotel Investors Inc.)
Wednesday, May 3 2017 - 4:00pm
GOOD (Gladstone Commercial Corp.)
Wednesday, May 3 2017 - 12:30pm
PSA (Public Storage)
Thursday, April 27 2017 - 6:00pm
ORLY (O'Reilly Automotive Inc.)
Thursday, April 27 2017 - 3:00pm
MCS (The Marcus Corporation)
Thursday, April 27 2017 - 3:00pm
MGM (MGM Resorts International)
Thursday, April 27 2017 - 3:00pm
SPG (Simon Property Group Inc.)
Thursday, April 27 2017 - 2:00pm
SIRI (Sirius XM Holdings Inc.)
Thursday, April 27 2017 - 12:00pm
LVS (Las Vegas Sands Corp.)
Wednesday, April 26 2017 - 8:30pm
WYN (Wyndham Worldwide Corporation)
Wednesday, April 26 2017 - 12:30pm
GWW (W.W. Grainger, Inc.)
Tuesday, April 18 2017 - 3:00pm
HTHT (China Lodging Group, Limited)
Wednesday, March 15 2017 - 1:00am
RLH (Red Lion Hotels Corporation)
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