On Wednesday, Shares of Boulder Brands Inc (NASDAQ:BDBD), remained flat at $10.92.
Boulder Brands, declared its financial results for the third quarter ended September 30, 2015. For the third quarter of 2015 contrast to the equivalent period of 2014:
- Net sales reduced 0.7% to $132.9 million. Foreign exchange rates negatively influenced the third quarter of 2015 by about $1.5 million.
- Consumption, defined as sell-through at all channels, raised 0.5% in the third quarter.
- GAAP operating income was $3.3 million. Not Taking Into Account certain items, non-GAAP operating income reduced 0.8% to $13.2 million.
- Adjusted EBITDA reduced 6.2% to $19.6 million
- GAAP diluted earnings per share for the third quarter of 2015 was $0.01, contrast to diluted loss per share of $2.17 in last year`s third quarter.
- Non-GAAP diluted earnings per share for the third quarter of 2015 were $0.08, as contrast to $0.08 in last year`s third quarter.
- The Company maintained its 2015 earnings outlook range of $0.20 per share to $0.25 per share.
Jim Leighton, Interim Chief Executive Officer and Chief Operating Officer, stated, “Our organization is committed to being more efficient in our overall cost structure, more effective in managing our brands and products, and more balanced in customer and consumer marketing. Our third quarter results demonstrate our ability to implement these changes and sequentially improve results, as we have realigned our organization, focused on operational effectiveness and stabilized sales. As a result, our sales and overall profitability improved meaningfully in the third quarter contrast to our second quarter. Our team will continue moving swiftly to address specific business challenges and opportunities, while setting the stage to deliver sustainable long-term growth.”
Boulder Brands Inc. provides health and wellness food solutions in the United States and Canada. The company operates in two segments, Natural and Balance. The Natural segment provides gluten free bread and baked goods, and frozen pizza and granola under the Udi’s brand name; shelf stable and frozen gluten free products, counting snack foods, frozen baked goods, and baking mixes under the Glutino brand name; and burritos, meals, and quesadillas under the EVOL brand name.
Shares of Kohl’s Corporation (NYSE:KSS), declined -0.05% to $48.51, during its last trading session.
Kohl’s, unveiled eight days of amazing Cyber Week deals and spectacular savings on Kohls.com. Starting Saturday, November 28 through Saturday, December 5, customers shopping Kohl’s digitally will discover deep online savings on top holiday gifts, a new flash sale each day and digital shopping tools that offer an easier and faster shopping experience.
“This Cyber Week, Kohls.com will offer phenomenal deals on the most desired gifts,” said Krista Berry, Kohl’s executive vice president, chief digital officer. “Beyond great value, Kohl’s is committed to offering our customers a digital experience that is second to none this holiday season. Our new omni channel shopping bag makes it really easy to keep track of every item you want whether shopping at home, on-the-go or in-store. Our new world class app simplifies savings in a way that only Kohl’s can. To get items faster than ever, customers can buy online and pick up in store at every one of our nearly 1,200 locations. From browse to buy to shop, Kohl’s is making the holidays easier than ever.”
Kohl’s Corporation operates department stores in the United States. It offers private label, exclusive, and national brand apparel, footwear, accessories, beauty, and home products to children, men, and women customers.
Finally, Shares of Sabre Corp (NASDAQ:SABR), ended its last trade with 3.22% gain, and closed at $29.48.
Sabre Corporation (NASDAQ: SABR) and Hewlett Packard Enterprise (NYSE: HPE), declared a multi-year renewal of their long-standing relationship.
Under the agreement, Hewlett Packard Enterprise will provide virtualization, automation and security services, hardware and software to support faster product development and extend Sabre’s position as the leading technology provider to the global travel industry. HPE also will provide new services to support Sabre’s growth and product priorities in the areas of data analysis, operations, e-commerce, retailing and merchandising for businesses across the travel industry.
“As the leading innovator to the global travel industry, Sabre is committed to delivering technology solutions to our customers based on world-class virtualization, security and operability,” said Tom Klein, Sabre president and CEO. “This agreement also delivers new capabilities to accelerate product development and improvement our speed-to-market, all driven by Sabre and supported by Hewlett Packard Enterprise.”
Hewlett Packard Enterprise has supported Sabre’s infrastructure and applications environments for more than 14 years, providing infrastructure services counting a portfolio of hosting and storage solutions. This expanded agreement leverages products and services from across Hewlett Packard Enterprise’s four transformation areas to assist Sabre maintain its leadership position.
Sabre Corporation provides technology solutions to the travel and tourism industry worldwide. It operates in two segments: Travel Network, and Airline and Hospitality Solutions. The Travel Network segment operates a business-to-business travel marketplace that offers travel content, such as inventory, prices, and availability from a range of travel suppliers, counting airlines, hotels, car rental brands, rail carriers, cruise lines, and tour operators, with a network of travel buyers comprising online and offline travel agencies, travel administration companies, and corporate travel departments.