$VSI (Vitamin Shoppe, Inc.)

$VSI {{ '2016-06-16T20:42:12+0000' | timeago}} • Announcement

Nutritional products company $VSI said it has hired Jason Reiser as COO effective July 11, 2016. Mr. Reiser joins the company from Dollar Tree, Inc. and he has also previously worked with Walmart.

$GIS {{ '2017-09-21T13:28:05+0000' | timeago}} • Webcast

$GIS said retail margin changes wasn't really a big driver in 1Q18. Looking at retail sales, what drove the company's positive pricing was a combination of two things. One is baseline sales outpaced its growth overall so $GIS still has 300 basis point improvement on overall sales. And the other was good quality merchandizing.

$CORE {{ '2017-09-21T13:02:10+0000' | timeago}} • Announcement

$CORE, marketers of fresh and broad-line supply solutions to convenience retail industry, has announced that it has renewed its 3-year supply chain agreement with $RAD. Core-Mark is currently providing service to approx 4,500 Rite Aid stores. Finer details of the agreement are under wraps.

$GIS {{ '2017-09-21T13:00:54+0000' | timeago}} • Webcast

$GIS expects to lessen the declines on its adjusted operating profit margin and adjusted EPS in 2Q18 and to drive growth on those measures in the 2H18. The company reiterated that it remains on track to deliver the FY18 guidance $GIS outlined in July.

$GIS {{ '2017-09-21T12:57:52+0000' | timeago}} • Webcast

$GIS' adjusted gross margin for 1Q18 fell 230 basis points and adjusted operating margin was down 210 basis points, due to volume deleverage, higher input cost including currency-driven inflation on imported products and unfavorable trade expense phasing. $GIS expects each of these margin drivers to turn more favorable in the remainder of 2018.

$GIS {{ '2017-09-21T12:56:58+0000' | timeago}} • Webcast

$GIS anticipated a slow start to the year 2018 on adjusted operating profit and adjusted EPS driven by sales declines in the phasing of input cost, expenses and cost savings. $GIS expects sales results to strengthen and 1Q18 margin headwinds to lessen in the remainder of 2018, driving growth on profit EPS in 2H.

$PFE {{ '2017-09-20T18:14:48+0000' | timeago}} • Announcement

$PFE filed a lawsuit against $JNJ over anticompetitive practices. The lawsuit alleges J&J violated federal antitrust laws by signing exclusionary contracts with health insurers, hospitals and doctor groups to ensure its medicine Remicade was given preferential treatment over Pfizer's new biosimilar Inflectra.

$GIS {{ '2017-09-20T12:04:17+0000' | timeago}} • Infographic

$GIS General Mills Earnings AlphaGraphic: Q1 2018 Highlights

$GIS {{ '2017-09-20T11:29:40+0000' | timeago}} • Announcement

Net sales for $GIS' Europe & Australia segment for 1Q18 rose 3% to $492MM, with benefits from net price realization and mix and favorable foreign currency exchange. Net sales for the Asia & Latin America fell 8% to $392MM, due to reporting calendar timing shift and challenges related to enterprise reporting system implementation in Brazil.

$GIS {{ '2017-09-20T11:26:49+0000' | timeago}} • Announcement

$GIS still expects FY18 organic net sales to decline 1-2%, an improvement of 200-300 basis points over FY17 results, and constant-currency adjusted EPS to increase 1-2% from the base of $3.08 earned in FY17. $GIS still sees constant-currency operating profit to be flat to up 1% and adjusted operating profit margin to be above year-ago levels.

$GIS {{ '2017-09-20T11:24:13+0000' | timeago}} • Announcement

Net sales for $GIS' Convenience Stores & Foodservice segment were essentially flat to year-ago levels at $447 million, due largely to growth in cereal and frozen meals offset by declines in yogurt and biscuits. Organic net sales were also flat to last year.

$GIS {{ '2017-09-20T11:24:03+0000' | timeago}} • Announcement

Net sales for $GIS' North America Retail segment totaled $2.44Bil for 1Q18, down 5% from prior year, reflecting low single-digit declines in contributions from volume and net price realization and mix. Net sales were down double-digits in the U.S. Yogurt operating unit, driven by continued declines for Yoplait Greek and Yoplait Light products.

$GIS {{ '2017-09-20T11:23:51+0000' | timeago}} • Announcement

By directing resources toward these global priorities, $GIS expects to drive a 200 to 300 basis point improvement in its organic net sales trends in FY18. This represents an important step in returning the business to consistent organic net sales growth.

$GIS {{ '2017-09-20T11:23:40+0000' | timeago}} • Announcement

For FY18, $GIS identified 4 global growth priorities: growing cereal globally, including CPW; improving U.S. yogurt through innovation; investing in differential growth opportunities including Haagen-Dazs ice cream, snack bars, Old El Paso Mexican food, and natural and organic food brands; and managing Foundation brands with appropriate investment.

$GIS {{ '2017-09-20T11:23:15+0000' | timeago}} • Announcement

$GIS posted 1Q18 adjusted EPS of $0.71, down 9% from the prior year. Constant-currency adjusted EPS also fell 9%, reflecting lower adjusted operating profit, partially offset by lower interest, taxes, and average diluted shares outstanding in the quarter.

$GIS {{ '2017-09-20T11:23:03+0000' | timeago}} • Announcement

$GIS reported a 1.1% decline in 1Q18 earnings due to lower sales and volume declines in the North America Retail and Asia & Latin America segments. Net income fell to $404.7MM from $409MM last year, while EPS increased 3% to $0.69 from $0.67 on lower average diluted shares outstanding. Net sales tumbled 4% to $3.77Bil.

$RAD {{ '2017-09-19T15:31:35+0000' | timeago}} • Announcement

Under the amended and restated asset purchase agreement with $RAD, $WBA does not expect the transaction to have a significant impact to its adjusted EPS in FY17. $WBA also expects to realize annual synergies from the transaction of more than $300MM, which are expected to be fully realized within four years of the initial closing of the transaction.

$WBA {{ '2017-09-19T14:19:18+0000' | timeago}} • Announcement

Drugstore chain $WBA, in its fourth attempt, clinched regulatory approval to buy 1,932 stores, 3 distribution centers and related inventory from $RAD for $4.375Bil. The new deal has 250 fewer stores than the earlier deal & is lower than the previous proposal of $5.18Bil. Store purchases would begin in Oct., with completion expected in spring 2018.

$AMZN {{ '2017-09-19T13:57:00+0000' | timeago}} • Announcement

$AMZN unveiled the Fire HD 10 tablet, with a 10.1” widescreen 1080p Full HD display with over 2MM pixels. The new Fire HD 10 is 30% faster with 2x the RAM and an ultra-fast quad-core processor, plus 32GB internal storage and up to 10 hours of battery life. It also introduces Alexa hands-free for the first time on a Fire tablet.

$AMZN {{ '2017-09-18T13:27:49+0000' | timeago}} • Announcement

$AMZN announced plans to open its third Oregon fulfillment center in Portland, which will create more than 1,000 full-time positions. The company recently announced an upcoming fulfillment center in Troutdale and Salem, in addition to the existing sortation center in Hillsboro and Prime Now hub in Portland.

$AMZN {{ '2017-09-18T13:23:22+0000' | timeago}} • Announcement

$AMZN announced plans to open its fourth Ohio fulfillment center in Monroe, which will create more than 1,000 full-time positions. The company recently announced an upcoming fulfillment center in North Randall, and it currently operates fulfillment centers in Etna and Obetz.

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