Achieves positive Net Income margin and industry-leading Adjusted EBITDA margin while growing retail units 16% year-over-year Sets new Q1 records on key profitability metrics: Net Income $49 million; Adjusted EBITDA $235 million Carvana expects sequential increases in YoY retail unit growth rate and Adjusted EBITDA in Q21 PHOENIX–(BUSINESS WIRE)–Carvana Co. (NYSE: CVNA), the leading e-commerce […]
Mohawk Valley Fab Revenue more than Doubled Sequentially; On Track for 20% Utilization in Fourth Quarter of Fiscal 2024 $2.8 Billion of Design-Ins, Second Highest Quarter on Record DURHAM, N.C.–(BUSINESS WIRE)–Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the third quarter of fiscal 2024. Quarterly Financial Highlights (Continuing operations only. All comparisons are to […]
Net revenues increased 6% Comparable-store sales increased 0.9% Unlimited Wash Club® (“UWC”) memberships increased 5% year-over-year Opened six new greenfield locations Reiterating previously provided Fiscal 2024 outlook figures TUCSON, Ariz.–(BUSINESS WIRE)–Mister Car Wash, Inc. (the “Company”) (NYSE: MCW), the nation’s largest car wash brand, today announced its financial results for the quarter ended March 31, […]
EDEN PRAIRIE, Minn.–(BUSINESS WIRE)–$CHRW #CHRobinson–C.H. Robinson Worldwide, Inc. (“C.H. Robinson”) (Nasdaq: CHRW) today reported financial results for the quarter ended March 31, 2024. First Quarter Key Metrics: Gross profits decreased 4.5% year-over-year to $647.5 million, but increased 6.3% sequentially Income from operations decreased 21.1% year-over-year to $127.1 million, but increased 18.3% sequentially Adjusted operating margin(1) […]
WESTLAKE, Texas–(BUSINESS WIRE)–Solera Global Corp. today announced that it has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) relating to the proposed initial public offering of its Class A common stock. The number of shares of Class A common stock to be offered and the […]
LOWELL, Ark.–(BUSINESS WIRE)–J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, recognized 54 company drivers this week for achieving two, three, four and five million miles driven without a preventable accident at its annual Million Mile Celebration at company headquarters in Lowell. The drivers were awarded […]
ISS Confirms Jim Barber is a “Capable Candidate with Experience and Skills that Should be Transferable to the Railroad Industry, Which Makes Him a Credible Director and CEO Candidate” ISS Joins Glass Lewis in Recommending Shareholders “WITHHOLD” on Chair Amy Miles (~10-Year Tenure) and Several Other Incumbents Report Follows a Separate Recommendation from Glass Lewis […]