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Overhill Farms Inc ( OFI ) |
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Retail
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Written by Editor
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Wednesday, 15 May 2013 07:36 |
Overhill Farms Signs Definitive Agreement to Be Acquired by Bellisio Foods
Overhill Farms, Inc. (NYSE MKT: OFI) and Bellisio Foods, Inc. today announced that they have entered into a definitive merger agreement for Bellisio Foods to acquire Overhill Farms in a merger transaction valued at approximately $80.9 million.
Under the terms of the agreement, Overhill Farms shareholders will receive $5.00 in cash for each share of Overhill Farms common stock they own. The transaction represents a 26% premium over the closing price of Overhill Farms common stock on August 13, 2012, prior to the Company's announcement that it was reviewing strategic alternatives, and a 25% premium over the average of the closing price of the common stock during the 60 calendar days ended May 13, 2013, the last day prior to entering into the merger agreement.
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Reed's Inc ( REED ) |
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Retail
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Written by Editor
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Tuesday, 07 May 2013 10:04 |
Reed's Inc. 1st Quarter 2013 Revenues Increase 24%
Reed's, Inc. (NYSE MKT: REED), maker of the top-selling sodas in natural food stores nationwide, today announced its revenues for its first quarter ended March 31, 2013, and its earnings release date of May 14, 2013.
Revenues for the first quarter of 2013 increased 24% to over $8 million from $6.5 million in the first quarter of 2012. Chris Reed, Founder and CEO, stated, "This is our fourth year of significant growth. Our revenue goals for this first quarter were exceeded and indicate the strength of our continued growth momentum. This is an exciting year unfolding as we continue to expand revenues with our core brands of Reed's Ginger Brews and Virgil's Natural Sodas. Our new Reed's Culture Club Kombucha line of live probiotic cultured teas continues to roll out and gain acceptance. In addition, we continue to develop significant new private label production opportunities. We anticipate continued strong growth for the rest of 2013."
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Appliance Recycling Centers of America ( ARCI ) |
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Retail
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Written by Editor
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Tuesday, 07 May 2013 09:53 |
Appliance Recycling Centers of America Reports First Quarter Operating Results
Company Posts Revenue Increase, Returns to Profitability
Appliance Recycling Centers of America, Inc. (ARCI), a leading provider of appliance retailing and recycling services, today reported operating results for the first quarter ended March 30, 2013.
Total revenues increased 3.3% to $30.4 million versus $29.4 million for the first quarter of 2012. Overall, the Company reported consolidated net income of $0.2 million, or $0.03 per diluted share, compared with near-breakeven results in the first quarter of 2012.
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A&W Revenue Royalties Income Fund ( AW.UN ) |
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Retail
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Written by Editor
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Tuesday, 30 April 2013 10:07 |
A&W Revenue Royalties Income Fund announces first quarter 2013 results
TRADING SYMBOL: The Toronto Stock Exchange - AW.UN
- Same store sales hit by winter weather
- Both distributable cash and net income grow
A&W Revenue Royalties Income Fund (the Fund) reported today results for the first quarter ended March 24, 2013. The Fund will hold a conference call to discuss the results on Tuesday, April 30, 2013 at 1:00 p.m. Pacific Time (4:00 p.m. Eastern Time). The call can be accessed by dialling toll-free 1-877-974-0445 or (416) 644-3414. A replay will be available until May 14, 2013, by dialling toll-free 1-877-289-8525 or (416) 640-1917 Passcode: 4616097#.
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Orchard Supply Hardware Stores Corporation ( OSH ) |
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Retail
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Written by Editor
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Monday, 29 April 2013 08:51 |
Orchard Supply Hardware Stores Corporation Provides Update on Term Loan Lender Negotiations and First Quarter Fiscal 2013 Comparable Store Sales
60-Day Extension to June 30, 2013 for Date to Reach Agreement with Term Loan Lenders
First Quarter Fiscal 2013 Comparable Store Sales Expected to Increase 9.0% to 11.0%
Orchard Supply Hardware Stores Corporation (OSH), a neighborhood hardware and garden store focused on paint, repair and the backyard, today provided the following update on its efforts to improve its capital structure and expected comparable store sales for the first quarter of fiscal 2013:
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