The Pantry Announces Third Quarter Fiscal 2014 Results

CARY, N.C., July 30, 2014 -- The Pantry, Inc. (PTRY), a leading independently operated convenience store chain in the southeastern U.S., today announced financial results for its fiscal third quarter ended June 26, 2014.

Third Quarter Summary:

  • Net income was $14.0 million or $0.61 per diluted share. This compares to net income of $5.9 million or $0.26 per diluted share in last year's third quarter. Excluding the impact of impairment charges, net income for the third quarter of fiscal 2014 was $14.7 million, or $0.64 per diluted share, compared to net income of $6.4 million, or $0.28 per diluted share, in the prior year (see reconciliation below).
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Kroger and eCommerce Retailer Vitacost.com Announce Definitive Merger Agreement

Adds Online Technology and Fulfillment Platform to Accelerate Growth Into eCommerce Channel and New Markets
Vitacost.com Shareholders to Receive $8.00 Per Share in Cash

CINCINNATI, Ohio and BOCA RATON, Fla., July 2, 2014 -- The Kroger Co. (KR) and Vitacost.com, Inc. (VITC), a leading online retailer of healthy living products, today announced a definitive merger agreement under which Kroger will purchase all outstanding shares of Vitacost.com for $8.00 per share in cash, or approximately $280 million.

The purchase price represents a premium of 51% to Vitacost.com's closing share price on Feb. 19, 2014, the day before a major Vitacost.com shareholder publicly asked the company to evaluate strategic alternatives. The terms of the agreement were unanimously approved by the Boards of Directors of both companies.

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Ulta Beauty Announces First Quarter 2014 Results

Total Sales Increased 22.5%, Comparable Store Sales Increased 8.7%, Diluted EPS Increased 18.5% to $0.77

 

BOLINGBROOK, Ill.--(BUSINESS WIRE)-- Ulta Beauty (ULTA) today announced financial results for the thirteen week period ended May 3, 2014 (“First Quarter”), which compares to the same period ended May 4, 2013.

“Ulta Beauty delivered strong sales and earnings growth in the first quarter,” said Mary Dillon, Chief Executive Officer. “The team’s accomplishments included improving retail transactions which turned positive, driving continued momentum in our online business, successfully rolling out new brands, completing a smooth conversion of our loyalty program members onto one platform, and managing inventory very well.”

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EveryWare Global, Inc. Provides Update on Credit Agreements

Company to Resume Production at Its Monaca Facility

LANCASTER, Ohio, May 31, 2014-- EveryWare Global, Inc. ("EveryWare" or the "Company") (EVRY), announced today that it entered into a Forbearance Agreement with the administrative agent and certain other lenders under the Company's Term Loan Agreement. In addition, EveryWare entered into an amendment to the Company's asset back loan ("ABL") agreement with the lenders under its ABL facility. The Company also announced it intends to partially reopen its Monaca, Pennsylvania facility.

Sam Solomon, interim Chief Executive Officer of EveryWare, stated, "We are pleased to reach these agreements with our lenders and to reopen our Monaca facility. We thank all our business partners for their continued support."

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Summer Infant, Inc. Reports First Quarter 2014 Results

Revenue Grows 14% From Prior Quarter Reports Profitable First Quarter as Bottom-Line Improves

WOONSOCKET, RI- May 13, 2014 - Summer Infant, Inc. ("Summer Infant" or the "Company") (NASDAQ: SUMR), a global developer and distributor of juvenile health, safety and wellness products, today announced financial results for the first quarter ended March 31, 2014. 

Management Comments

"We are encouraged by the sequential revenue growth we reported for the first quarter of 2014," said President and Chief Executive Officer Carol Bramson. "Total sales increased 14% from the fourth quarter of 2013, driven by stronger demand from our retail partners, particularly in our nursery, monitor, gear and safety product categories.

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