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ATLANTA, March 2, 2021 /PRNewswire/ Interface, Inc. (Nasdaq: TILE), a worldwide commercial flooring company and global leader in sustainability, today announced results for the fourth quarter ended January 3, 2021.
Quarterly Highlights:
Strong liquidity of $398 million at quarter end comprised of $103 million in cash and $295 million of availability under the revolving credit facility.
Q4 2020 GAAP earnings per share of $0.33; Q4 2020 adjusted earnings per share of $0.27.
Cash generated by operating activities of $22 million in Q4 2020. We continued to generate solid cash flow during the fourth quarter, despite operating in a soft demand environment due to the COVID-19 pandemic. We are encouraged by the accelerated pace of vaccinations globally and remain hopeful that people can return to a sense of normalcy, said Dan Hendrix, Chairman and CEO of Interface. Selling activity has increased in recent weeks including a growing number of engagemen
ICF Reports Fourth Quarter and Full Year 2020 Results
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Fourth Quarter Highlights:
Diluted EPS Was $0.67, Inclusive of $0.51 in One-time Executive Retirement and Lease Termination-Related Charges
Non-GAAP EPS¹ Was $1.36
Record Contract Awards of $525 Million
Full Year Highlights:
Diluted EPS Was $2.87, Inclusive of $0.53 in One-time Executive Retirement and Lease Termination-Related Charges
Non-GAAP EPS Was $4.17
Record Contract Awards of $2.0 Billion, Representing a Book-to-Bill Ratio of 1.3
Operating Cash Flow of $173 Million
ICF (NASDAQ: ICFI), a global consulting and digital services provider, reported results for the fourth quarter and full year ended December 31, 2020.
Commenting on the results, John Wasson, chairman and chief executive officer, said, The fourth quarter represented a strong finish to 2020, with total revenues that exceeded the high end of our guidance range and positive service revenue trends that are reflectiv
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MOLINE, Ill., Feb. 19, 2021 /PRNewswire/
First-quarter net income more than doubles on 23% gain in net sales, reflecting successful execution of new operating strategy.
Improved conditions in agricultural and construction sectors setting stage for year of strong performance.
Full-year earnings forecast increased to $4.6 to $5.0 billion.
(PRNewsfoto/Deere & Company)
(PRNewsfoto/Deere & Company)
Deere & Company (NYSE:DE) reported net income of $1.224 billion for the first quarter ended January 31, 2021, or $3.87 per share, compared with net income of $517 million, or $1.63 per share, for the quarter ended February 2, 2020. Worldwide net sales and revenues increased 19 percent in the first quarter of 2021 to $9.112 billion. Equipment operations net sales were $8.051 billion for the quarter, compared with $6.530 billion in 2020.
Hormel Foods Reports First Quarter Results And Provides Full Year Guidance
Record sales driven by growth from all four segments
The company previously announced the acquisition of the Planters® snack nuts business
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AUSTIN, Minn., Feb. 18, 2021 /PRNewswire/ Hormel Foods Corporation (NYSE: HRL), a leading global branded food company, today reported results for the first quarter of fiscal 2021. All comparisons are to the first quarter of fiscal 2020 unless otherwise noted. Operating free cash flow is presented as a non-GAAP metric.
EXECUTIVE SUMMARY - FIRST QUARTER
Record net sales of $2.5 billion, up 3%
Pretax earnings of $277 million, down 5%
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ALPHARETTA, Ga., Feb. 18, 2021 /PRNewswire/ Avanos Medical, Inc. (NYSE: AVNS) today reported fourth quarter and full-year 2020 results. I m pleased with our team s execution and accomplishments in 2020 highlighted by our cost savings, the integration of our recent acquisitions and free cash flow improvement throughout the year, while successfully responding to the challenges presented by the pandemic, stated Joe Woody, Avanos chief executive officer. During the quarter we continued to build momentum across our franchises, while we maintained our cost discipline and implemented a 2020 restructuring program to further drive efficiencies and reduce costs.
Woody continued, We enter 2021 in a strong position and are poised to execute on our plan to deliver top-line growth, drive margin improvement and generate free cash flow in 2021 and beyond.