On Wednesday, AutoNation, Inc. (NYSE:AN)’s shares inclined 0.74% to $58.51.
AutoNation, Inc. (AN), America’s largest automotive retailer, recently declared that it stated to automotive manufacturers, based on their respective sales transaction reporting standards, retail sales of 31,032 new vehicles in August 2015, a decrease of 5% as contrast to August 2014. August 2015 stated retail new vehicle unit sales for AutoNation’s operating segments were as follows:
- 10,239 for Domestic, up 2% as compared to August 2014,
- 14,641 for Import, down 14% as compared to August 2014, and
- 6,152 for Premium Luxury, up 8% as compared to August 2014.
On a same-store basis, stated retail new vehicle unit sales in August 2015 were down 7% as contrast to August 2014.
AutoNation anticipates to declare September 2015 stated retail new vehicle unit sales on Friday, October 2, 2015.
AutoNation, Inc., through its auxiliaries, provides new and used automotive and spare parts retail services in the United States. The company operates in three segments: Domestic, Import, and Premium Luxury. It offers new and used vehicles; parts and services that comprise automotive repair and maintenance services, wholesale parts and collision services; and automotive finance and insurance products, which comprise vehicle services and other protection products, arranging finance for vehicle purchases through third-party finance sources.
Bank of Montreal (USA) (NYSE:BMO)’s shares dropped -0.31% to $51.78.
BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group (BMO.TO)(BMO.TO), will hold its 15th annual Back to School Education Investor Conference on Thursday, September 10, 2015, at the Grand Hyatt Hotel in New York.
The conference was first launched in 2001 and is the largest and longest-running institutional investor conference dedicated exclusively to the education sector. This year, attendees will be weighing rapid change in the industry, as global education providers contend with teaching models that are moving away from textbooks and toward digital formats.
The conference is predictable to draw more than 900 participants, counting some 250 global education companies. It will also feature the industry’s leading institutional investors, private equity and venture capital funds, in addition to industry specialists. The conference is framed around a series of high-level fireside chats, industry panels and Q&A sessions on topics counting:
- From Operator to Serial Education Investor: What’s different this time?
- Leading Platforms in Education
- Investors Across The Spectrum
- Schools Around the Globe
- How Data is Driving Results
Bank of Montreal offers various banking products and services in Canada, the United States, and internationally. The company’s personal and commercial banking products and services comprise chequing and savings accounts; banking services, counting 24/7 banking, direct deposits, bill payments, overdraft services, money transfers, wire transfers, and travel insurance; credit cards; mortgages; loans and lines of credit; and creditor insurance.
At the end of Wednesday’s trade, Smith & Wesson Holding Corp (NASDAQ:SWHC)‘s shares dipped -0.22% to $18.34.
Smith & Wesson Holding Corporation (NASDAQ Global Select: SWHC), a leader in firearm manufacturing and design, recently declared financial results for the fiscal first quarter ended July 31, 2015.
First Quarter Fiscal 2016 Financial Highlights
- Quarterly net sales were $147.8 million, an enhance of 12.1% from the first quarter last year. Firearms division net sales of $134.4 million raised by 1.9% from the comparable quarter last year. Accessories division net sales of $13.3 million raised by 29.9% from the comparable quarter last year, which was preceding to the company’s acquisition of Battenfeld Technologies, Inc. (BTI) on December 11, 2014.
- Gross margin for the quarter was 39.8% contrast with 37.2% in the preceding year.
- Quarterly GAAP net income was $14.4 million, or $0.26 per diluted share, contrast with $14.6 million, or $0.26 per diluted share, for the first quarter last year. First quarter 2016 GAAP net income per diluted share comprised of an expense of $0.08 related to the formerly declared redemption of the company’s 5.875% Senior Notes, an expense of $0.04 for acquisition amortization related to the acquisition of BTI, an expense reduction of $0.03 related to an insurance settlement, and a tax benefit for the foregoing items of $0.03.
- Quarterly non-GAAP net income was $17.7 million, or $0.32 per diluted share, contrast with $14.9 million, or $0.27 per diluted share, for the first quarter last year.
Smith & Wesson Holding Corporation manufactures and sells firearm products in the United States and internationally. The company operates in two segments, firearms and accessories. It offers handguns, counting revolvers and pistols; long guns, such as sporting, bolt action, and single shot rifles; hunting rifles; black powder firearms; handcuffs and restraints; and firearm-related products and accessories. The company sells its products under the Smith & Wesson, M&P, Thompson/Center Arms, Caldwell Shooting Supplies, Wheeler Engineering, Tipton Gun Cleaning Supplies, Frankford Arsenal Reloading Tools, Lockdown Vault Accessories, Hooyman Premium Tree Saws, BOG-POD, and Golden Rod Moisture Control brands.
Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA), ended its Wednesday’s trading session with 3.09% gain, and closed at $158.51.
ULTA Beauty (ULTA) declared financial results for the thirteen week period (“Second Quarter”) and twenty-six week period (“First Six Months”) ended August 1, 2015, which compares to the same periods ended August 2, 2014.
For the Second Quarter
- Net sales raised 19.4% to $877.0 million from $734.2 million in the second quarter of fiscal 2014;
- Comparable sales (sales for stores open at least 14 months and e-commerce sales) raised 10.1% contrast to an enhance of 9.6% in the second quarter of fiscal 2014. The 10.1% comparable sales enhance was driven by 7.0% growth in transactions and 3.1% growth in average ticket;
- Retail comparable sales raised 8.9%, counting salon comparable sales growth of 10.1%;
- Salon sales raised 19.7% to $51.6 million from $43.1 million in the second quarter of fiscal 2014;
- E-commerce sales grew 43.4% to $36.1 million from $25.2 million in the second quarter of fiscal 2014, representing 120 basis points of the total company comparable sales enhance of 10.1%;
- Gross profit reduced 40 basis points to 34.9% from 35.3% in the second quarter of fiscal 2014 primarily due to supply chain initiatives counting the new Greenwood, Indiana distribution center;
Ulta Salon, Cosmetics & Fragrance, Inc. operates as a specialty retailer in the United States. The companys stores provide cosmetics, fragrance, haircare, skincare, bath and body products, and salon styling tools. It also offers cosmetics, which comprises products for the face, eyes, cheeks, lips, and nails; haircare products, such as shampoos, conditioners, styling products, and hair accessories; and salon styling tools comprising hair dryers, curling irons, and flat irons.
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