calloway's nursery inc (CLWY) Key Developments
Calloway's Nursery Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013
Nov 12 13
Calloway's Nursery Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, revenue was $6.7 million compared to revenue of $6.3 million for 2012. Same-store revenue (18 stores) was $6.5 million compared to same-store revenue of $6.3 million for 2012. Net loss was $0.9 million compared to net loss of $1.1 million for 2012. Basic and diluted net loss per common share was $0.11 compared to diluted net loss per common share of $0.13 for 2012. Loss before provision for income taxes was $1,414,000 compared to $1,595,000 a year ago.
For the nine months, revenue was $37.0 million compared to revenue of $36.1 million for 2012. Same-store revenue (18 stores) was $36.9 million compared to same-store revenue of $35.2 million for 2012. Net income was $1.4 million compared to net income of $1.0 million for 2012. Basic and diluted net income per common share was $0.17 compared to diluted net income per common share of $0.13 for 2012. Income before provision for income taxes was $2,193,000 compared to $1,608,000 a year ago. Net cash provided by operating activities was $818,000 compared to $643,000 a year ago. Additions to property and equipment were $1,123,000 compared to $85,000 a year ago.
Calloway's Nursery Inc. Names Alicia Hicks as Retail Marketing Director
Sep 1 13
Calloway's Nursery Inc. named Alicia Hicks as retail marketing director.
Calloway's Nursery Inc., Annual General Meeting, Aug 07, 2013
Jul 30 13
Calloway's Nursery Inc., Annual General Meeting, Aug 07, 2013., at 08:30 Central Standard Time. Location: Fort Worth Botanic Garden.. Agenda: To consider board changes.
Calloway's Nursery Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2013
Jul 8 13
Calloway's Nursery Inc. reported earnings results for the second quarter and six months ended June 30, 2013. For the quarter, the company reported revenue of $19.7 million compared to $17.6 million for 2012. Net income was $2.1 million compared $1.4 million for 2012. Diluted net income per common share was $0.25 compared to $0.17 for 2012.
For the six months, the company reported revenue of $30.3 million compared to $29.8 million for 2012. Net income was $2.4 million compared to $2.1 million for 2012. Diluted net income per common share was $0.28 compared to $0.26 for 2012.
3K Limited Partnership Announces Nomination for Calloway's Nursery Inc.'s Board of Directors
May 16 13
3K Limited Partnership announced that it has called a shareholders meeting and nominated a slate of directors to replace CLWY's current Board of Directors. 3K has therefore nominated the slate of five independent directors to replace the current Board of Directors. Peter H. Kamin (Boston, Massachusetts) is the founder and Managing Partner of 3K Limited Partnership, a private investment fund. Jay H. Golding (Houston, Texas) is the President of Port Chester Industries, a merchant banking company. Alan B. Howe (San Diego, California) is a co-founder and the Managing Partner of Broadband Initiatives, LLC, a corporate advisory and consulting firm, and also currently serves as Interim Chief Executive Officer of Sunrise Telecom Inc. Alfred J. Knapp, Jr. (Houston, Texas) is a partner and investment manager with CCM Opportunistic Partners, LP, an investment fund. Terry W. Shaver (Dallas, Texas) is founder, President, Chief Executive Officer and Chairman of the Board of Abatix Corp., a supplier of personal protection and safety equipment and other industrial tools and supplies. 3K's nominees will be responsible stewards of the trust placed in them by CLWY's shareholders and will commit themselves to renewing the company's focus on profitability and returns for the benefit of all shareholders. CLWY shareholders are urged to show their support by voting for 3K's nominees at CLWY's next shareholders meeting.