NEW YORK, NY / ACCESSWIRE / August 30, 2017 / REX American Resources Corporation (NYSE: REX) will be discussing their earnings results in their Q2 Earnings Call to be held August 30, 2017 at 11:00 AM Eastern Time.

To listen to the event live – visit https://www.investornetwork.com/company/1973.

Replay Information

The replay will be available online at https://www.investornetwork.com/company/1973.

About Investor Network

Investor Network (IN) is a new financial content community, serving millions of unique investors market information, earnings, commentary and news on the what’s trending. Dedicated to both the professional and the average traders, IN offers timely, trusted and relevant financial information for virtually every investor. IN is an Issuer Direct brand, to learn more or for the latest financial news and market information, visit www.investornetwork.com. Follow us on Twitter @investornetwork.

SOURCE: Investor Network

ReleaseID: 474179

NEW YORK, NY / ACCESSWIRE / August 30, 2017 / Golar LNG Partners LP (NASDAQ: GMLP) will be discussing their earnings results in their Q2 Earnings Call to be held August 30, 2017 at 11:30 AM Eastern Time.

To listen to the event live – visit https://www.investornetwork.com/company/24245.

Replay Information

The replay will be available online at https://www.investornetwork.com/company/24245.

About Investor Network

Investor Network (IN) is a new financial content community, serving millions of unique investors market information, earnings, commentary and news on the what’s trending. Dedicated to both the professional and the average traders, IN offers timely, trusted and relevant financial information for virtually every investor. IN is an Issuer Direct brand, to learn more or for the latest financial news and market information, visit www.investornetwork.com. Follow us on Twitter @investornetwork.

SOURCE: Investor Network

ReleaseID: 474180

Research Desk Line-up: Gazit Globe Post Earnings Coverage

LONDON, UK / ACCESSWIRE / August 30, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for Consolidated-Tomoka Land Co. (NYSE: CTO) (“Consolidated-Tomoka”), following which we have published a free report that can be viewed by signing up at http://protraderdaily.com/optin/?symbol=CTO. The Company announced on August 25, 2017, the sale of nearly 38,750 acres of subsurface interests in Osceola County, Florida for around $2.1 million. Thus, Consolidated-Tomoka has sold approximately 27% of the subsurface interests owned by the Company in Osceola County, Florida through this Osceola Subsurface Sale. The sale also represents around 7.8% of its 500,000 acres of total subsurface interests, all of which is located in Florida. For immediate access to our complimentary reports, including today’s coverage, register for free now at:

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Discover more of our free reports coverage from other companies within the Real Estate Development industry. Pro-TD has currently selected Gazit Globe Ltd (NYSE: GZT) for due-diligence and potential coverage as the Company announced on August 22, 2017, its financial results for first half 2017 which ended on June 30, 2017. Tune in to our site to register for a free membership, and be among the early birds that get our report on Gazit Globe when we publish it.

At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on CTO; also brushing on GZT. Go directly to your stock of interest and access today’s free coverage at:

http://protraderdaily.com/optin/?symbol=CTO

http://protraderdaily.com/optin/?symbol=GZT

Gains and Sales Proceeds

It is anticipated that Consolidated-Tomoka would gain approximately $2.08 million, or approximately $0.23 per share, after tax, from the sale of its subsurface interests in Osceola County.

The Company intends to use the sale proceeds to acquire an income property through the 1031 like-kind exchange structure.

Other Sale Contracts

The Company also announced the following two new land sales contracts:

Sale of 21 Acres Land in Daytona Beach, Florida –

Consolidated-Tomoka entered into a contract for the sale of approximately 21 acres of land for a gross sales price of around $5.78 million, or approximately $275,000 per acre, on August 24, 2017.
This above-mentioned 21-acre land is near the RaceTrac convenience store (presently under construction) at the southeast corner of LPGA Boulevard and Williamson Boulevard, in Daytona Beach, Florida.
This contract considers the transaction closing in two components – with the majority of the value and applicable acreage closing by the end of 2017.

Sale of 71 Acres Land near Clyde Morris Boulevard –

Consolidated-Tomoka also entered into a contract for the sale of approximately 71 acres of land for a gross sales price of $5.0 million, or approximately $70,000 per acre, on August 25, 2017.
This above-mentioned 71-acre land is situated on the east side of Clyde Morris Boulevard, south of the existing CVS store on LPGA Boulevard and adjacent to the 28-acre land sold earlier in 2017, in Daytona Beach, Florida.
Under this contract, it is anticipated that the transaction would close by the second quarter of 2018.

Update on Land Pipeline

Owing to the Land Contracts mentioned above, Consolidated-Tomoka now has around nine executed purchase and sale agreements with nine different buyers.
This represents an aggregate potential sale of around 2,100 acres or approximately 26% of Consolidated-Tomoka’s land holdings.
The sales proceeds for these are estimated to be around $75 million, or approximately $36,000 per acre.

Transactions Completion Schedule and Conditions

All the transactions listed here are currently in different stages of due diligence by the various buyers. In some cases, however, submissions have been made to the planning and development departments of the City of Daytona Beach and other approval and permitting activities with other applicable governmental authorities.
Apart from customary closing conditions, the majority of the transactions depend on the receipt of approvals or permits from various governmental authorities, as well as other matters, which are beyond Consolidated-Tomoka’s control.
If these approvals are not obtained, the prospective buyers can terminate their respective agreements prior to closing. As a result of which, there would be no assurance about the likelihood or timing of any of these potential land transactions being completed or about the final terms, including the sales price.

About Consolidated-Tomoka Land Co.

Consolidated-Tomoka is a publicly traded real estate Company based in Florida. The Company owns a portfolio of income investments in diversified markets in the United States, including over 1.9 million square feet of income properties, as well as approximately 8,100 acres of land in the Daytona Beach area.

Last Close Stock Review

Consolidated-Tomoka Land’s share price finished yesterday’s trading session at $54.73, marginally up 0.33%. A total volume of 3.88 thousand shares have exchanged hands. The Company’s stock price advanced 1.73% in the last three months and 4.35% in the previous twelve months. Additionally, the stock gained 2.45% since the start of the year. Shares of the Company have a PE ratio of 10.38 and have a dividend yield of 0.37%. The stock currently has a market cap of $305.94 million.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charter holder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

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Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Pro-Trader Daily

ReleaseID: 474162

Research Desk Line-up: Westmoreland Coal Post Earnings Coverage

LONDON, UK / ACCESSWIRE / August 30, 2017 / Pro-Trader Daily has just published a free post-earnings coverage on Foresight Energy L.P. (NYSE: FELP), which can be viewed by registering at http://protraderdaily.com/optin/?symbol=FELP, following the Company’s posting of its second quarter financial results on August 11, 2017. The coal mining Company updated its outlook for 2017 and also approved the restoration of a quarterly cash distribution. Our daily stock reports are accessible for free, and with those to look forward today you also will be signing up for a complimentary member’s account at:

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Get more of our free earnings reports coverage from other constituents of the Nonmetallic Mineral Mining industry. Pro-TD has currently selected Westmoreland Coal Company (NASDAQ: WLB) for due-diligence and potential coverage as the Company reported on August 03, 2017, its financial results for Q2 2017 and also updated its guidance. Register for a free membership today, and be among the early birds that get access to our report on Westmoreland Coal when we publish it.

At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on FELP; also brushing on WLB. With the links below you can directly download the report of your stock of interest free of charge at:

http://protraderdaily.com/optin/?symbol=FELP

http://protraderdaily.com/optin/?symbol=WLB

Earnings Reviewed

For the three months ended June 30, 2017, Foresight Energy’s sales came in at $207.09 million compared to $226.00 million in Q2 2016. The Company’s revenue numbers fell short of analysts’ forecasts of $228 million.

During Q2 2017, Foresight Energy’s coal sales totaled $204.5 million compared to $224.1 million for Q2 2016. The decrease in coal sales revenues was driven by lower sales volumes and anticipated reductions in coal sales realizations per ton. Sales volumes were unfavorably impacted by 0.2 million tons due to the continued lack of performance by one rail service provider and certain customers deferring shipments during the reported quarter.

For Q2 2017, Foresight Energy’s cost of coal produced was $105.8 million, or $21.88 per ton sold, compared to $112.1 million, or $22.16 per ton sold, for Q2 2016. The decrease during the reported quarter was driven largely by lower sales volumes and also included a non-cash charge of $4.6 million related to the revaluation of coal inventory related to the push-down accounting adopted.

Foresight Energy’s transportation costs decreased $9.3 million, or $1.59 per ton sold, on a y-o-y basis due to lower sales volumes and lower charges for minimum contractual rail and export terminal throughput requirements. The lower contractual minimums were driven by the expectation of higher export shipments during 2017. The Company’s other operating (income) expense for the reported quarter increased $13.7 million on a y-o-y basis due to the receipt of $12.8 million of insurance proceeds related to the Hillsboro’s combustion event.

Foresight energy recorded net loss attributable to controlling interests of $16.28 million, or $0.12 per share, compared to net loss of $27.79 million, or $0.21 per share, in Q2 2016. The Company’s losses, adjusted for amortization costs, came in at $0.01 per share and better than Wall Street’s forecasts for a loss of $0.03 per share.

Cash Matters

Foresight Energy generated operating cash flows of $38.5 million during Q2 2017. The Company ended the quarter with $7.2 million in cash and $158.5 million of available borrowing capacity, net of outstanding letters of credit, under its revolving credit facility. During Q2 2017, Foresight Energy’s capital expenditures totaled $21.7 million, an increase of $13.5 million on a y-o-y basis.

Guidance for 2017

Based on year-to-date sales volumes, current committed position, and expectations for the remainder of 2017, Foresight Energy reaffirmed its projected sales volumes forecast to be between 20.5 million and 22.0 million tons with over 5.0 million tons expected to go into the international market. Foresight has current commitments of approximately 20.0 million tons for 2017.

The Company is expected to generate adjusted EBITDA in a range of $285 million to $310 million based on projected sales volumes and operating cost structure. For FY17, Foresight Energy is estimating capital expenditures to be between $70 million and $77 million.

Quarterly Distribution and Strategy

As a result of the provided guidance, liquidity position, and ability to generate cash in the coming quarters, the Company’s General Partner’s Board of Directors approved the restoration of a quarterly cash distribution of $0.0647 per common unit. The distribution is payable on August 31, 2017, for common unit holders of record on August 21, 2017.

Stock Performance

At the closing bell, on Tuesday, August 29, 2017, Foresight Energy’s stock climbed 1.00%, ending the trading session at $4.03. A total volume of 27.56 thousand shares have exchanged hands. The stock has a dividend yield of 6.45% and currently has a market cap of $583.87 million.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charter holder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: contact@protraderdaily.com

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Pro-Trader Daily

ReleaseID: 474164

Research Desk Line-up: Coty Post Earnings Coverage

LONDON, UK / ACCESSWIRE / August 30, 2017 / Pro-Trader Daily has just published a free post-earnings coverage on Edgewell Personal Care Co. (NYSE: EPC) (“Edgewell”), which can be viewed by registering at http://protraderdaily.com/optin/?symbol=EPC, following the Company’s release of its financial results on August 08, 2017, for the third quarter of the fiscal year 2017. The Company’s adjusted operating income increased 36.3% on a y-o-y basis. Our daily stock reports are accessible for free, and with those to look forward today you also will be signing up for a complimentary member’s account at:

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Get more of our free earnings reports coverage from other constituents of the Personal Products industry. Pro-TD has currently selected Coty Inc. (NYSE: COTY) for due-diligence and potential coverage as the Company announced on August 22, 2017, its financial results for Q4 FY17 and full year FY17 which ended on June 30, 2017. Register for a free membership today, and be among the early birds that get access to our report on Coty when we publish it.

At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on EPC; also brushing on COTY. With the links below you can directly download the report of your stock of interest free of charge at:

http://protraderdaily.com/optin/?symbol=EPC

http://protraderdaily.com/optin/?symbol=COTY

Earnings Reviewed

For the three months ended July 01, 2017, Edgewell’s revenue decreased 1.2% on a y-o-y basis, or 0.6% on an organic basis, to $637.5 million from $645.1 million in Q3 FY16. The revenue numbers were below analysts’ expectations of $644.7 million.

During Q3 FY17, Edgewell’s gross profit increased 3.5% to $322.1 million from $311.2 million in Q3 FY16. For the reported quarter, the Company’s gross margin increased 230 basis points to 50.5% of revenue from 48.2% of revenue in Q3 FY16. The increase was mainly attributable to lower product costs due to operational efficiencies and lower commodity costs and favorable product mix. For the reported quarter, the Company’s adjusted gross margin increased 240 basis points to 50.6% of revenue from 48.2% of revenue in Q3 FY16.

For the reported quarter, the Company’s selling, general, and administrative expenses (SG&A) decreased 90 basis points to 15.3% of revenue from 16.2% of revenue in Q3 FY16. During Q3 FY17, Edgewell’s A&S expenses decreased 6.8% to $114.2 million from $122.5 million in the same quarter of last year. During Q3 FY17, Edgewell’s R&D expenses decreased 6.3% to $16.4 million from $17.5 million in the same quarter of last year.

During Q3 FY17, Edgewell’s earnings before interest, tax, depreciation, and amortization (EBITDA) increased 30.4% to $105.6 million from $81 million in Q3 FY16. For the reported quarter, the Company’s adjusted EBITDA increased 34.7% to $119.3 million from $88.6 million in Q3 FY16.

During Q3 FY17, Edgewell’s operating income increased 92.1% to $65.5 million from $34.1 million in the same quarter of last year. For the reported quarter, the Company’s adjusted operating income increased 36.3% to $94.3 million from $69.2 million in Q3 FY16.

During Q3 FY17, Edgewell’s net income increased 49.6% to $54.9 million on a y-o-y basis from $36.7 million in Q3 FY16. During Q3 FY17, the Company’s adjusted net income decreased 62.5% to $63.7 million on a y-o-y basis from $39.2 million in Q3 FY16. For the reported quarter, the Company’s diluted earnings per share (EPS) decreased 55.7% to $0.95 on a y-o-y basis from $0.61 in Q3 FY16. During Q3 FY17, the Company’s adjusted diluted EPS decreased 68.2% to $1.11 on a y-o-y basis from $0.66 in Q3 FY16. The adjusted diluted EPS surpassed analysts’ expectations of $0.79.

Segment Details

Wet Shave – During Q3 FY17, Edgewell’s Wet Shave segment’s revenue decreased 1.7% to $358.5 million from $364.6 million in Q3 FY16. For the reported quarter, the segment’s profit increased 31.4% to $59.8 million from $45.5 million in Q3 FY16.

Sun and Skin Care – During Q3 FY17, Edgewell’s Sun and Skin Care segment’s revenue increased 6.5% to $161.1 million from $151.3 million in Q3 FY16. For the reported quarter, the segment’s profit increased 23.6% to $42.4 million from $34.3 million in Q3 FY16.

Feminine Care – During Q3 FY17, Edgewell’s Feminine Care segment’s revenue decreased 11.0% to $86.4 million from $97.1 million in Q3 FY16. For the reported quarter, the segment’s profit increased 2.7% to $7.6 million from $7.4 million in Q3 FY16.

Balance Sheet

As on July 01, 2017, Edgewell’s cash and cash equivalents decreased 38.4% to $454.9 million from $738.9 million in Q4 FY16. During Q3 FY17, the Company’s inventories increased 11% to $343.1 million from $309.2 million in Q4 FY16.

During Q3 FY17, Edgewell’s accounts payable increased 20.6% to $236.9 million from $196.5 million in Q4 FY16.

For the reported quarter, the Company’s long-term debt increased 2.6% to $1.58 billion from $1.54 billion in Q4 FY16.

Outlook

For FY18, Edgewell expects adjusted operating margin to increase by 50 basis points – 70 basis points and expects effective tax rate to be in the range of 24% – 25%.

Edgewell estimates diluted EPS to be in the band of $3.90 – $4.05 for the fiscal year 2017.

Stock Performance

On Tuesday, August 29, 2017, the stock closed the trading session at $75.11, marginally up 0.31% from its previous closing price of $74.88. A total volume of 286.59 thousand shares have exchanged hands. Edgewell Personal Care’s stock price advanced 4.03% in the last one month and 2.69% in the past three months. Furthermore, since the start of the year, shares of the Company have gained 2.90%. The stock is trading at a PE ratio of 21.14 and currently has a market cap of $4.27 billion.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charter holder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: contact@protraderdaily.com

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Pro-Trader Daily

ReleaseID: 474163

Research Desk Line-up: Baozun Post Earnings Coverage

LONDON, UK / ACCESSWIRE / August 30, 2017 / Pro-Trader Daily has just published a free post-earnings coverage on Wayfair Inc. (NYSE: W), which can be viewed by registering at http://protraderdaily.com/optin/?symbol=W, following the Company’s release of its financial results on August 08, 2017, for the second quarter fiscal 2017 (Q2 FY17). The Boston, Massachusetts-based Company’s total net revenues surged 42.7%, topping market consensus estimates. Our daily stock reports are accessible for free, and with those to look forward today you also will be signing up for a complimentary member’s account at:

http://protraderdaily.com/register/

Get more of our free earnings reports coverage from other constituents of the Catalog & Mail Order Houses industry. Pro-TD has currently selected Baozun Inc. (NASDAQ: BZUN) for due-diligence and potential coverage as the Company announced on August 21, 2017, its unaudited financial results for Q2 2017 which ended on June 30, 2017. Register for a free membership today, and be among the early birds that get access to our report on Baozun when we publish it.

At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on W; also brushing on BZUN. With the links below you can directly download the report of your stock of interest free of charge at:

http://protraderdaily.com/optin/?symbol=W

http://protraderdaily.com/optin/?symbol=BZUN

Earnings Reviewed

Wayfair posted total net revenues of $1.12 billion in Q2 FY17 compared to $786.93 million recorded in Q2 FY16. Total net revenues numbers topped market forecasts of $1.06 billion. The Company’s direct retail revenues were $1.10 billion in Q2 FY17 compared to $755.66 million in Q2 FY16. Furthermore, ‘Other’ revenues for the reported quarter came in at $20.40 million compared to $31.27 million in Q2 FY16.

The online home goods retailer posted net loss of $38.88 million, or $0.45 loss per diluted share, in Q2 FY17, compared to net loss of $48.27 million, or $0.57 loss per diluted share, in Q2 FY16. The Company’s non-GAAP net loss narrowed to $22.67 million, or $0.26 loss per diluted share, in the reported quarter from non-GAAP net loss of $36.66 million, or $0.43 loss per diluted share, in Q2 FY16. Additionally, Wall Street has expected the Company to report adjusted net loss of $0.69 per diluted share.

Operating Metrics

Wayfair Industries’ cost of goods sold increased to $853.39 million in Q2 FY17 from $598.41 million in Q2 FY16. The Company’s gross profit also increased to $269.47 million in Q2 FY17 from $188.51 million in Q2 FY16. Total operating expenses were $307.02 million during Q2 FY17 compared to $237.24 million in Q2 FY16. The Company reported loss from operations of $37.55 million in Q2 FY17 versus loss from operations of $48.73 million in Q2 FY16. Furthermore, the Company posted negative adjusted EBITDA of $2.25 million in Q2 FY17 compared to negative adjusted EBITDA of $24.86 million in Q2 FY16.

The Company’s number of active users was 9.55 million in Q2 FY17, up 43.1% from 6.67 million in Q2 FY16. Net revenue per active customer was $402 during Q2 FY17 compared to $404 in Q2 FY16. In Q2 FY17, totals order delivered were 4.28 million, rising 46.0% from 2.93 million in Q2 FY16. Additionally, average order value was $258 during Q2 FY17, which was similar to the values reported in the year ago same quarter.

Wayfair’s Segment-wise

The US segment net revenue came in at $997.07 million in Q2 FY17 compared to $732.67 million in the previous year’s same quarter. Furthermore, the segment’s adjusted EBITDA was $20.43 million in Q2 FY17 versus negative adjusted EBITDA of $2.92 million recorded in the year ago same quarter.

During Q2 FY17, the Company’s International segment generated $125.79 million as net revenues compared to $54.26 million in prior year’s same quarter. The segment reported negative adjusted EBITDA of $22.67 million in Q2 FY17 versus negative adjusted EBITDA of $21.94 million in the year ago comparable quarter.

Cash Matters and Balance Sheet

During the three months ended June 30, 2017, net cash provided by operating activities was $18.10 million compared to $24.90 million in the comparable year ago same quarter. Moreover, the Company reported negative free cash flow of $27.23 million in Q2 FY17 compared to negative free cash flow of $19.42 million in the previous year’s corresponding quarter.

Wayfair had cash and cash equivalents worth $203.81 million at the close of its books on June 30, 2017, versus cash and cash equivalents worth $279.84 million as on December 31, 2016. The Company’s lease financing obligation as on June 30, 2017, stood at $82.73 million compared to $28.90 million as on December 31, 2016.

Stock Performance

At the closing bell, on Tuesday, August 29, 2017, Wayfair’s stock marginally slipped 0.39%, ending the trading session at $68.29. A total volume of 1.28 million shares have exchanged hands. The Company’s stock price soared 8.48% in the last three months, 80.28% in the past six months, and 78.02% in the previous twelve months. Moreover, the stock skyrocketed 94.84% since the start of the year. The stock currently has a market cap of $5.78 billion.

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NEW YORK, NY / ACCESSWIRE / August 30, 2017 / Analog Devices, Inc. (NASDAQ: ADI) will be discussing their earnings results in their Q3 Earnings Call to be held August 30, 2017 at 10:00 AM Eastern Time.

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