On Tuesday, Shares of Texas Roadhouse, Inc. (NASDAQ:TXRH), gained 3.06% to $34.70.
Texas Roadhouse, declared financial results for the 13 week period ended March 31, 2015.
Results for the first quarter comprised of the following highlights:
- Diluted earnings per share raised 23.0% to $0.46 from $0.37 in the preceding year;
- Comparable restaurant sales raised 8.9% at company restaurants and 8.0% at franchise restaurants;
- Three company–owned restaurants were opened, counting one Bubba’s 33 restaurant; and,
- Restaurant margin, as a percentage of restaurant sales, reduced 20 basis points to 19.0%. The impact of higher average unit volume was more than offset by commodity inflation of about 5.2%, mostly driven by beef.
Texas Roadhouse, Inc., together with its auxiliaries, operates as a full-service restaurant company. The company operates its restaurants primarily under the Texas Roadhouse name.
At the end of Tuesday’s trade, Shares of AMAG Pharmaceuticals, Inc. (NASDAQ:AMAG), jumped 3.04% to $55.62.
AMAG Pharmaceuticals, stated unaudited merged financial results for the first quarter of 2015. Total revenues for the first quarter of 2015 raised to $89.5 million, contrast with $20.8 million in the first quarter of 2014. This enhance was primarily due to the addition of the company’s newest product, Makena(R) (hydroxyprogesterone caproate injection), which contributed $55.5 million of product sales to the first quarter results.
The company stated net income of $12.9 million, or $0.47 per basic share and $0.39 per diluted share, for the first quarter of 2015, contrast with a net loss of $7.1 million, or $0.33 per basic share and diluted share, for the same period in 2014. Non-GAAP net income, or cash earnings, for the first quarter of 2015 totaled $39.9 million, or $1.17 per diluted share, contrast with a non-GAAP net loss of $3.9 million, or $0.33 per diluted share, for the same period in 2014.
AMAG Pharmaceuticals, Inc. operates as a specialty pharmaceutical company that focuses on maternal health, anemia, and cancer supportive care. It markets Makena, a hydroxyprogesterone caproate injection to reduce the risk of preterm birth in women with a singleton pregnancy.
Sally Beauty Holdings Inc. (NYSE:SBH), ended its last trade with 2.94% gain, and closed at $31.47.
Sally Beauty Holdings, declared financial results for the fiscal 2015 second quarter.
FISCAL 2015 SECOND QUARTER FINANCIAL HIGHLIGHTS
For the fiscal 2015 second quarter, merged net sales were $937.8 million, an enhance of 2.0% from the fiscal 2014 second quarter. The fiscal 2015 second quarter sales enhance is attributed to same store sales growth and the addition of new stores. The unfavorable impact from changes in foreign currency exchange rates in the fiscal 2015 second quarter was $21.5 million, or 2.3% of sales. Merged same store sales growth in the fiscal 2015 second quarter was 2.8%.
Merged gross profit for the fiscal 2015 second quarter was $467.5 million, an enhance of 2.4% over gross profit of $456.4 million for the fiscal 2014 second quarter. Gross profit as a percentage of sales was 49.8%, a 20 basis point improvement from the fiscal 2014 second quarter.
For the fiscal 2015 second quarter, GAAP merged selling, general and administrative (SG&A) expenses, counting unallocated corporate expenses and share-based compensation, were $317.5 million, or 33.9% of sales, a 10 basis point improvement from the fiscal 2014 second quarter metric of 34.0% of sales and total SG&A expenses of $312.8 million. Not taking into account a $1.5 million, pre-tax, contingent liability related to the data security incident, adjusted SG&A expenses in the fiscal 2015 third quarter, were $315.9 million or 33.7% of sales.
Fiscal 2015 second quarter GAAP SG&A expenses raised 1.5% or $4.6 million, primarily due to expenses associated with the opening of new stores, higher expenses related to on-going upgrades to our information technology systems, higher employee compensation-related expenses in connection with our ongoing administration transition plans and a contingent liability related to the data security incident.
Sally Beauty Holdings, Inc., together with its auxiliaries, operates as a specialty retailer and distributor of professional beauty supplies primarily in North America, South America, and Europe. The company operates through two segments, Sally Beauty Supply and Beauty Systems Group (BSG).
Finally, Cloud Peak Energy Inc. (NYSE:CLD), closed at $7.22, with 2.85% gain.
Cloud Peak Energy, declared results for the first quarter of 2015.
- First quarter 2015 Adjusted EBITDA of $39.4 million contrast to $39.3 million for the first quarter of 2014.
- Shipments for the first quarter of 2015 were 19.7 million tons, down slightly as Cordero Rojo Mine transitions to lower production rates.
- Cost per ton was reduced to $10.02 in the first quarter of 2015 from $10.63 in the first quarter of 2014. The cost improvement was primarily due to a decrease of over 40 percent in diesel costs.
- Accessible liquidity of $726.1 million, counting cash and investments of $186.2 million, at March 31, 2015. During the first quarter of 2015, cash flow from operations totaled $31.9 million.
Cloud Peak Energy Inc., through its auxiliaries, produces coal in the Powder River Basin (PRB) and the United States. The company operates through Owned and Operated Mines, Logistics and Related Activities, and Corporate and Other segments.
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