Simmons Posts Record Revenue, Lower Profit in 2022
The bank reported slowing activity in its commercial loan pipeline, which it attributed to "softening prospects of economic growth." read more >
Bank OZK Sets Aside More Money for Credit Losses; Q4 Profit Rises 6%
For the full year, the bank's credit loss provisions totaled $83.5 million, compared to a negative provision of $77.9 million in 2021. read more >
Home BancShares Profit Jumps 58% in Q4
“It’s obvious all banks are not created equal," Chairman John Allison said. read more >
J.B. Hunt Sees Q4 Profit Fall on Weaker Demand
The company reported a 27% decline in volume in its Integrated Capacity Solutions segment. read more >
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Dillard’s Q3 Profit Dips on Rising Expenses, but Still Beats Estimates
Sales rose 4.3% in the quarter to $1.54 billion, with the strongest performance in cosmetics, men’s apparel, and home and furniture. read more >
Uniti Writes Down Goodwill Value, Posts $156M Loss in Q3
The write-down in the Uniti Fiber segment was "driven by an increase in the macro interest rate environment." read more >
ArcBest Posts Strong Q3, Eyes Annual Revenue Milestone
Net income rose to $88.8 million, up more than 39% from the same period a year ago. read more >
Murphy USA Reports Big Quarter, $6.2B in Revenue
Earnings per share more than doubled from the same quarter a year ago. read more >
by Kyle Massey -
Visa Posts Jump in Quarterly Profit, Increases Dividend
Excluding one-time charges, which included Visa writing down some of its investments due to the drop in the stock market this year, the company earned $4.09 billion, or $1.93 a share. read more >
by Associated Press -
Simmons Reports Higher Revenue, Flat Income in Q3
Earnings per share fell to 63 cents but still surpassed Wall Street expectations. read more >
PAM Transport Reports Big Revenue Jump in Q3
The company saw an increase in total loads in the quarter, from 87,218 to more than 110,000. read more >
Growing Credit Risks Hit Bank OZK’s Income in Q3
The bank said potential losses from credit risk grew significantly in the period. read more >
Home BancShares Reports Record Profit in Q3
"We continue to keep the Company positioned to weather the storm, when and if it hits,” CEO John Allison said. read more >
J.B. Hunt Revenue Again Tops $3.8B, Profit Rises 35% in Q3
The company reported stronger production across its segments, especially in intermodal. read more >
Walmart Tops Q2 Expectations as Americans Continue Spending
CEO Doug McMillon noted that strong sales were registered in groceries, which have lower margins. read more >
by Associated Press -
Inuvo Posts $3.2M Loss, 79% Jump in Revenue in Q2
CEO Richard Howe said the company is positioning itself for major changes in the industry. read more >
Ghost Herd Update in Tyson’s Q3 Report
Cody Easterday, a rancher from southeast Washington, pleaded guilty to defrauding the company of $233 million. read more >
Dillard’s Reports Lower Net Income, Flat Sales in Q2
Still, earnings per share rose 5.6% in the quarter to $9.30. read more >
BSR’s Net Operating Income and Revenue Rise in Q2
Weighted average rent was up 17% compared to the same quarter a year ago. read more >
Tyson’s Net Income Flat in Fiscal Q3
Sales declined in the company's chicken, pork and prepared foods segments. read more >
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