$SCSS (Select Comfort Corporation)

$SCSS {{ '2016-05-19T16:49:51+0000' | timeago}} • Announcement

Maker of foundations and bedding accessories $SCSS said that it will open its 500th Sleep Number store at Eden Prairie, Minnesota. The company's presence has evolved from a small kiosk in Rosedale mall in the Twin Cities to a retailer with a national store footprint and products exclusively sold through Sleep Number stores.

$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.

$TUES {{ '2018-01-08T15:20:03+0000' | timeago}} • Announcement

$TUES reported sales results for 2Q18. Net sales were $334MM with a comparable store sales increase of 1.6%, which was comprised of a 1.7% increase in customer transactions, slightly offset by a 0.1% decrease in average ticket.

$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.

$AMWD {{ '2018-01-02T12:08:16+0000' | timeago}} • Announcement

$AMWD completed purchase of RSI Home Products Inc. for consideration consisting of 1.46MM newly issued shares, about $354MM in net cash and the assumption of about $589MM of RSI debt.

$BBBY {{ '2017-12-21T18:30:13+0000' | timeago}} • Webcast

$BBBY said its BoD reviews its capital structure on a regular basis and its cash flow remains strong. In terms of priorities for use of cash, the company first looks at investing it back into the business and then at acquisition. There is the dividend program and any excess cash could be used for share repurchases.

$BBBY {{ '2017-12-21T18:01:29+0000' | timeago}} • Webcast

During 3Q17, $BBBY opened 14 stores and closed 6 stores. The company has opened 20 new stores to-date with the potential of two or more openings before 2017-end and plans to close approx. 15 stores all of which would result in a net reduction of five Bed Bath & Beyond stores.

$BBBY {{ '2017-12-21T18:01:14+0000' | timeago}} • Webcast

During 3Q17, $BBBY’s comp sales reflected a decrease in the number of transactions in stores partially offset by an increase in the average transaction amount. Comp sales from customer-facing digital channels continued to have strong growth in 3Q17, while comp sales from stores declined in the low single-digit percentage range.

$BBBY {{ '2017-12-20T22:21:05+0000' | timeago}} • Announcement

$BBBY continues to model net diluted EPS for FY17 to be about $3. The company's BoD has declared a quarterly dividend of $0.15 per share, to be paid on April 17, 2018 to shareholders of record on March 16, 2018.

Recent Transcripts

AYI (Acuity Brands, Inc.)
Tuesday, January 9 2018 - 3:00pm
BBBY (Bed Bath & Beyond Inc.)
Wednesday, December 20 2017 - 10:00pm
SCS (Steelcase Inc.)
Wednesday, December 20 2017 - 1:30pm
PIR (Pier 1 Imports, Inc.)
Wednesday, December 13 2017 - 10:00pm
RH (Restoration Hardware Holdings, Inc.)
Tuesday, December 5 2017 - 10:00pm
AMWD (American Woodmark Corp.)
Friday, December 1 2017 - 4:00pm
LZB (La-Z-Boy Incorporated)
Thursday, November 30 2017 - 1:30pm
WSM (Williams-Sonoma Inc.)
Thursday, November 16 2017 - 10:00pm
SPB (Spectrum Brands Holdings, Inc.)
Thursday, November 16 2017 - 2:00pm
BBY (Best Buy Co., Inc.)
Thursday, November 16 2017 - 1:00pm
TCS (The Container Store Group, Inc.)
Tuesday, November 7 2017 - 9:30pm
VRTV (Veritiv Corporation)
Tuesday, November 7 2017 - 3:00pm
TA (TravelCenters of America LLC)
Tuesday, November 7 2017 - 3:00pm
HEAR (Turtle Beach Corporation)
Thursday, November 2 2017 - 9:00pm
TUES (Tuesday Morning Corporation)
Thursday, November 2 2017 - 1:00pm
TPX (Tempur Sealy International Inc.)
Thursday, November 2 2017 - 12:00pm
MHK (Mohawk Industries Inc.)
Friday, October 27 2017 - 3:00pm
LEG (Leggett & Platt, Incorporated)
Friday, October 27 2017 - 12:30pm
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Thursday, October 26 2017 - 9:00pm
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