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 >
The bank said potential losses from credit risk grew significantly in the period. read more >
"We continue to keep the Company positioned to weather the storm, when and if it hits,” CEO John Allison said. read more >
CEO Doug McMillon noted that strong sales were registered in groceries, which have lower margins. read more >
CEO Richard Howe said the company is positioning itself for major changes in the industry. read more >
Still, earnings per share rose 5.6% in the quarter to $9.30. read more >
The electric vehicle startup lost $164.4 million, or 68 cents per share, in the quarter. read more >
Sales declined in the company's chicken, pork and prepared foods segments. read more >
CEO Kenny Gunderman said the company saw its highest level of gross install activity since 2017. read more >
Net income was up 58% to $24.2 million. read more >
The company reported the best income, operating income and revenue of any quarter in company history. read more >
The company's income and revenue in the period exceeded Wall Street expectations. read more >
The retail giant has been forced to step up discounts to move inventory. read more >
The company reported earnings of $1.10 per share, which beat Wall Street expectations. read more >
Earnings were affected by the company's acquisition of Happy Bancshares of Texas. read more >
CEO George Makris Jr. said results were significantly impacted by the purchase of Spirit of Texas Bancshares. read more >
CEO John Roberts said he was pleased with how the company handled labor and equipment challenges during the quarter. read more >
Used car prices have gone up, generating revenue for the company, but the price of acquiring used cars to resell to customers has also increased. read more >
The Little Rock-based coffee and tea company said it narrowed its losses and upsized its new credit facility. read more >
“We were running through cash like crazy,” William Dillard II told shareholders. The company’s main objective, though, was to survive the pandemic. read more >
CEO Jeff Williams said inflation is a "significant headwind" for the company. read more >
