$TILE (Interface Inc.)

$TILE {{ '2016-01-13T16:31:17+0000' | timeago}} • Announcement

Manufacturer of modular carpet for commercial and residential applications $TILE said that it has appointed Jay Gould as President and Chief Operating Officer. Mr. Gould, who joined $TILE as COO in Jan. 2015, oversees global operations, marketing, and organizational development for the carpet tile manufacturing company.

$AYI {{ '2018-01-11T14:05:21+0000' | timeago}} • Webcast

$AYI said it has been relatively acquisitive over its last 7 or 8 years and sees that is still a fundamental part of a way to deploy this excess cash flow. With regard to stock buyback, the company did buy back 2MM shares last year and $AYI has the authorization from the Board for another 2MM shares.

$AYI {{ '2018-01-11T14:02:35+0000' | timeago}} • Webcast

$AYI remains bullish regarding the company’s long-term prospects for continued profitable growth, particularly as the company brings more value-added solutions to the market for both new construction and the conversion of the installed base.

$AYI {{ '2018-01-11T13:58:00+0000' | timeago}} • Webcast

$AYI expects the price of certain LED components to continue to decline so at decelerating pace, while certain other costs, including certain components and commodity costs, especially steel prices, as well as certain employee-related costs due to further investments in associate headcount, wage inflation and health care costs all to rise somewhat.

$AYI {{ '2018-01-11T13:50:52+0000' | timeago}} • Webcast

$AYI said it has additional borrowing capacity of $244.7MM at Nov. 30, 2017 under credit facility, which does not expire until August 2019. $AYI now has authorization to repurchase up to 2MM shares of its common stock. $AYI will continue to seek the best use of its strong cash generation to enhance shareholder value.

$AYI {{ '2018-01-11T13:45:53+0000' | timeago}} • Webcast

$AYI said that its specific issues in the home center/showroom channel and certain international markets, the company was still able to grow its net sales in the U.S. and Canada by about 2% in 1Q18 far outpacing the negative growth rate of the overall lighting industry.

$AYI {{ '2018-01-11T13:06:53+0000' | timeago}} • Announcement

$AYI now sees its blended consolidated effective income tax rate for FY18 to approximate 26-28% before discrete items, compared with nearly 35% for the prior year. $AYI sees tax rate for 2Q18 to be significantly lower than the estimated full-year blended tax rate to cumulatively adjust for the 35.5% tax rate recorded for 1Q18.

$AYI {{ '2018-01-11T13:04:58+0000' | timeago}} • Announcement

$AYI expects certain headwinds in the home center/showroom channel to continue in the near term, giving way to growth in calendar 2H18 as the company brings new solutions to key customers and expand its access to market in this important sales channel.

$AYI {{ '2018-01-11T13:01:09+0000' | timeago}} • Announcement

$AYI's gross profit for 1Q18 declined 2.6% year-over-year. This was due primarily to lower sales, unfavorable price/mix, and higher input costs for certain commodity-related items, such as steel, which were partially offset by lower costs for certain LED components and productivity improvements. Adjusted gross margin fell 80 basis points to 41.6%.

$AYI {{ '2018-01-11T12:58:08+0000' | timeago}} • Announcement

$AYI's sales for 1Q18 declined 1% year-over-year. This was primarily due to a 1% decrease in sales volume and a 1% net unfavorable change in product prices and mix of products sold (price/mix), partially offset by a 1% favorable impact from changes in foreign exchange rates.

$AYI {{ '2018-01-11T12:54:51+0000' | timeago}} • Announcement

$AYI CEO Vernon Nagel said 1Q18 sales results were below its expectations but once again better than market level performance as initial industry data suggests that the growth rate of its key end markets in North America was down low-single digits, which was in line with previous expectations.

$AYI {{ '2018-01-11T12:49:20+0000' | timeago}} • Announcement

$AYI reported a 12.5% drop in 1Q18 earnings due to lower sales as well as last year's gain from sale of an investment in unconsolidated affiliate. Net income fell to $71.5MM or $1.70 per share from $81.7MM or $1.86 per share last year. Net sales declined 1% to $842.8MM. Adjusted EPS decreased 3% to $1.94.

$AYI {{ '2018-01-05T21:47:25+0000' | timeago}} • Announcement

The Board of Directors of $AYI declared a quarterly dividend of $0.13 per share, payable on February 1, 2018 to shareholders of record on January 22, 2018.

$PIR {{ '2018-01-04T12:04:17+0000' | timeago}} • Announcement

Store operator $PIR has appointed Nancy Walsh as EVP and CFO, effective January 25, 2018. Darla Ramirez, who serves as the interim CFO, will step down and continue to serve as Pier 1's Principal Accounting Officer and VP. Most recently, Walsh served $BONT as EVP and CFO. Earlier, she spent 14 years in the finance organization at $TPR.

$WSO {{ '2018-01-02T13:05:39+0000' | timeago}} • Announcement

$WSO declared a regular quarterly cash dividend of $1.25 on each outstanding share of its Common and Class B common stock. The cash dividend is payable on Jan 31, 2018 to shareholders of record at the close of business on Jan 16, 2018.

$T {{ '2017-12-20T13:55:23+0000' | timeago}} • Announcement

In recognition of vote by the U.S. House of Representatives to pass tax legislation, $T reiterated its plan to invest an additional $1Bil in the United States in 2018 if the bill is signed into law. $T CEO Randall Stephenson said this bill will spur much-needed investment and economic growth in the United States.

$WSM {{ '2017-12-18T12:16:25+0000' | timeago}} • Announcement

$WSM's BoD declared a quarterly cash dividend of $0.39 per common share. The dividend is payable on Feb. 23, 2018 to stockholders of record as of the close of business on Jan. 25, 2018. As of Nov. 26, 2017, the company had 84.18MM shares of common stock outstanding.

$T {{ '2017-12-15T19:45:06+0000' | timeago}} • Announcement

$T BoD approved quarterly dividend of $0.50, up by 2%. The dividend is payable on Feb. 1, 2018, to stockholders of record on Jan. 10, 2018.

$JCI {{ '2017-12-11T16:43:09+0000' | timeago}} • Announcement

$JCI's BoD appointed John Young to serve as a director. Young is currently group president of $PFE Essential Health. Effective Jan. 1, 2018, he will become group president of Pfizer Innovative Health, which comprises six business groups focused on improving health through innovative products covering every stage of life.

$JCI {{ '2017-12-07T17:40:30+0000' | timeago}} • Announcement

$JCI's BoD approved an incremental $1Bil increase to its share repurchase authorization. The company has about $200MM of availability under its previously announced $1Bil share repurchase authorization.

$JCI {{ '2017-12-06T20:52:31+0000' | timeago}} • Announcement

$JCI has approved a regular quarterly cash dividend of $0.26 per common share payable on Jan.12, 2018, to shareholders of record on Dec.18, 2017. This represents a $0.01 increase over the previous quarterly dividend.

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