$SFM (Sprouts Farmers Market, Inc.)

$SFM {{ '2016-09-07T14:07:08+0000' | timeago}} • Announcement

$SFM said its BoD authorized on Sept. 6, 2016 a $250MM common stock share repurchase program. The company had completed its previous $150MM share repurchase authorization during 2Q16 and currently has about 148.5MM shares of common stock outstanding. The $250MM authorization represents about 7.4% of common shares outstanding at current stock price.

$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.

$GS {{ '2017-07-19T11:22:37+0000' | timeago}} • Webcast

$GS advised a number of important transactions that were announced during 2Q17, including $BCR's $24Bil sale to $BDX. $AMZN's $13.7Bil acquisition of $WFM, and $DFT's $7.6Bil merger with $DLR.

$BAX {{ '2017-07-17T20:58:53+0000' | timeago}} • Announcement

$BAX appointed Cathy Smith, EVP and CFO of $TGT, to its BoD, bringing the total number of directors serving the company at this time to 13. Smith now also serves on $BAX's Audit Committee.

$KR {{ '2017-07-12T20:42:59+0000' | timeago}} • Announcement

$KR announced the appointment of Liz Ferneding as President of the Ruler division, effective July 31. Ms. Ferneding succeeds Paul Bowen, who retired in May.

$KIM {{ '2017-07-12T15:14:26+0000' | timeago}} • Announcement

$KIM has signed a lease with $TGT for a 48,000-square-foot, small-format store at Westmont Plaza in Haddon Township, New Jersey, set to open in July 2018. The addition of Target is the first step in a larger repositioning of the 173,000-square-foot, open-air center. The store will also offer a CVS Pharmacy and Target’s Order Pickup service.

$COST {{ '2017-07-06T13:10:39+0000' | timeago}} • Announcement

$COST’s net sales increased 7% annually to $12.17Bil in June. Comparable store sales grew 6.5% during the month in the US and 3.2% in Canada. Other International comparable store sales were higher by 6.2% compared to June 2016. In the 44 weeks ended July 2, total sales advanced 6% from the year-ago period.

$MKC {{ '2017-06-29T14:14:15+0000' | timeago}} • Webcast

When asked whether $MKC has got a chance to grow its presence in $WFM as a result of the $AMZN-$WFM merger, McCormick stated that it is well positioned based on the relationship with Amazon. The company added that it is under-represented at Whole Foods with some of $MKC's secondary brands in distribution.

$DRI {{ '2017-06-27T13:34:43+0000' | timeago}} • Webcast

$DRI commented that on the industry in general, it is seeing some weakness in Houston and New York City, but overall the company has not seen a lot of change in the competitive landscape. On the $AMZN's acquisition of $WFM, the company believes people still want to come to restaurants and the acquisition won't have a big impact on $DRI.

$SVU {{ '2017-06-26T12:07:47+0000' | timeago}} • Announcement

Bruce Besanko, $SVU's COO and CFO to resign from his position effective July 5, 2017 to pursue an opportunity outside the company. Rob Woseth, $SVU's EVP and Chief Strategy Officer, will assume the additional position of Interim CFO and David Johnson, VP, Controller, will assume the additional position of Interim Chief Accounting Officer.

$SVU {{ '2017-06-26T10:53:06+0000' | timeago}} • Announcement

$SVU has completed the acquisition of Unified Grocers, Inc. for $390MM. It comprised $114MM in cash to Unified Grocers’ shareholders for 100% of the outstanding stock of Unified Grocers, plus the assumption and pay-off at closing of Unified Grocers’ net debt of approx $276MM.

$DG {{ '2017-06-22T20:33:03+0000' | timeago}} • Announcement

$DG named Jason Reiser as executive vice president and chief merchandising officer, effective July 12. Reiser, who replaces the recently retired Jim Thorpe, most recently served as executive vice president and chief operating officer at $VSI.

$KR {{ '2017-06-22T17:10:50+0000' | timeago}} • Announcement

$KR's BoD announced an incremental $1Bil share repurchase program, replacing the prior authorization which has been exhausted. The board approved a dividend lift from $0.48 to $0.50 per year. The next quarterly dividend of 12.5 cents per share will be paid on Sept. 1, 2017 to shareholders of record on Aug. 15, 2017.

$KR {{ '2017-06-16T20:31:56+0000' | timeago}} • Announcement

$KR said its Atlanta division associates have ratified new labor agreements with UFCW Local 1996. The contracts cover over 28,000 Kroger associates working in 164 stores in the Atlanta area and 11 stores in Savannah.

Recent Transcripts

GWW (W.W. Grainger, Inc.)
Wednesday, July 19 2017 - 3:00pm
KR (The Kroger Co.)
Thursday, June 15 2017 - 2:00pm
COST (Costco Wholesale Corporation)
Thursday, May 25 2017 - 9:00pm
WMT (Wal-Mart Stores Inc.)
Thursday, May 18 2017 - 12:00am
TGT (Target Corp.)
Wednesday, May 17 2017 - 12:00pm
WFM (Whole Foods Market, Inc.)
Wednesday, May 10 2017 - 9:00pm
VSI (Vitamin Shoppe, Inc.)
Wednesday, May 10 2017 - 12:30pm
NGVC (Natural Grocers by Vitamin Cottage Inc)
Thursday, May 4 2017 - 8:30pm
G (Genpact Limited)
Thursday, May 4 2017 - 8:30pm
SFM (Sprouts Farmers Market, Inc.)
Thursday, May 4 2017 - 2:00pm
CBD (Companhia Brasileira de Distribuicao)
Friday, April 28 2017 - 1:30pm
PSA (Public Storage)
Thursday, April 27 2017 - 6:00pm
ORLY (O'Reilly Automotive Inc.)
Thursday, April 27 2017 - 3:00pm
SPG (Simon Property Group Inc.)
Thursday, April 27 2017 - 2:00pm
AGNC (American Capital Agency Corp.)
Thursday, April 27 2017 - 12:30pm
SIRI (Sirius XM Holdings Inc.)
Thursday, April 27 2017 - 12:00pm
SVU (SUPERVALU Inc.)
Tuesday, April 25 2017 - 2:00pm
GWW (W.W. Grainger, Inc.)
Tuesday, April 18 2017 - 3:00pm
GNC (GNC Holdings Inc.)
Tuesday, April 18 2017 - 12:30pm
COST (Costco Wholesale Corporation)
Thursday, March 2 2017 - 10:00pm

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