Last $15.31 USD
Change Today +0.18 / 1.19%
Volume 75.1K
RECN On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

resources connection inc (RECN) Snapshot

Open
$15.15
Previous Close
$15.13
Day High
$15.34
Day Low
$15.10
52 Week High
08/19/14 - $15.98
52 Week Low
10/9/13 - $11.64
Market Cap
586.7M
Average Volume 10 Days
97.5K
EPS TTM
$0.56
Shares Outstanding
38.3M
EX-Date
08/26/14
P/E TM
27.4x
Dividend
$0.32
Dividend Yield
1.89%
Current Stock Chart for RESOURCES CONNECTION INC (RECN)

Related News

No related news articles were found.

resources connection inc (RECN) Related Businessweek News

No Related Businessweek News Found

resources connection inc (RECN) Details

Resources Connection, Inc. provides consulting and business initiative support services in North America, Europe, and the Asia Pacific. Its finance and accounting services include process transformation and improvement; financial reporting and analysis; technical and operational accounting; merger and acquisition due diligence; audit response; implementation of new accounting standards; and remediation support. The company’s information management services comprise strategy development, program and project management, business and technology integration, data strategy, and business performance management; and human capital services consist of change management, organization development and effectiveness, and optimization of human resources technology and operations. It also offers corporate advisory, strategic communications, and restructuring services; corporate governance, risk, and compliance management services, including contract and regulatory compliance; enterprise risk management; internal controls management; and operation and IT audits. In addition, the company provides supply chain management services consisting of supply chain strategy development, procurement and supplier management, logistics and materials management, supply chain planning and forecasting, and conflict minerals and unique device identification compliance. Further, it offers legal and regulatory services with projects, secondments or tactical needs, including commercial transactions; compliance initiatives; law department operations; and business strategy and litigation support. Additionally, the company provides policyIQ, a proprietary cloud-based governance, risk, and compliance software application. Resources Connection, Inc. was founded in 1996 and is headquartered in Irvine, California.

resources connection inc (RECN) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $625.0K
Co-Founder and Executive Chairman
Total Annual Compensation: $808.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $480.0K
Chief Legal Officer, Executive Vice President...
Total Annual Compensation: $480.0K
Compensation as of Fiscal Year 2013.

resources connection inc (RECN) Key Developments

Resources Global Professionals Names Andrew N. Kiteley as Senior Practice Director, Supply Chain Management

Andrew N. Kiteley has joined Resources Global Professionals as senior practice director, supply chain management.

Resources Connection Inc. Announces Quarterly Dividend Payable on September 25, 2014

On July 31, 2014, the board of directors of Resources Connection Inc. declared a regular quarterly dividend of $0.08 per share on the company's common stock. The dividend is payable on September 25, 2014, to shareholders of record at the close of business on August 28, 2014. The $0.08 per share dividend represents a 14% increase from the previous dividend of $0.07 per share.

Resources Connection Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended May 31, 2014; Provides Tax Rate Guidance for the First Quarter of 2015; Provides Capex Guidance for the Full Year of Fiscal 2015

Resources Connection Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended May 31, 2014. For the quarter, the company reported operating income before amortization and depreciation was $14,748,000 compared with $12,175,000 for the same period a year ago. Operating income was $13,441,000 compared with $10,671,000 for the same period a year ago. Net income was $6,859,000 or $0.18 per basic and diluted share compared with $5,315,000 or $0.13 per basic and diluted share for the same period a year ago. Adjusted EBITDA was $16,388,000 compared with $13,903,000 for the same period a year ago. Revenue for the fourth quarter of fiscal 2014 was $156.8 million, increasing 11.8% (11.6% on a constant dollar basis) compared to the prior year's fourth quarter and 18.2% (18.0% on a constant dollar basis) sequentially. Revenue in the U.S. increased 14.8% quarter-over-quarter and 20.2% sequentially. International revenue increased 1.9% quarter-over-quarter and 10.9% sequentially (0.9% quarter-over-quarter and 9.9% sequentially on a constant dollar basis). Since fiscal 2014 contained 53 weeks of operations, results for the fourth quarter include an extra week of revenue of approximately $9.8 million (a 14-week quarter) as compared to the fourth quarter of fiscal 2013 (a 13-week quarter). Excluding the 14th week revenues, quarter and sequential growth was 4.9% and 10.8%, respectively. Cash flow from operations and Adjusted EBITDA were $18.4 million for the fourth quarter of fiscal 2014 compared to $16.9 million for the fourth quarter of fiscal 2013. The increase results from cash generated from operations during the fourth quarter of $18.4 million, offset, in part, by share repurchases and dividends totaling approximately $10.7 million and capital expenditures of approximately $623,000 during the quarter. For the full year, the company reported operating income before amortization and depreciation was $43,291,000 compared with $45,976,000 for the same period a year ago. Operating income was $37,975,000 compared with $39,702,000 for the same period a year ago. Net income was $19,886,000 or $0.51 per basic and diluted share compared with $20,504,000 or $0.50 per basic and diluted share for the same period a year ago. Adjusted EBITDA was $49,810,000 compared with $53,164,000 for the same period a year ago. The company's revenue for the year ended May 31, 2014 was $567.2 million compared to $556.3 million for the year ended May 25, 2013. On a comparable 52-week basis excluding revenues of $9.8 million during the 53(rd) week of fiscal 2014, revenues improved $1.1 million in fiscal 2014 (0.2%) as compared to fiscal 2013. For fiscal 2014, the company generated cash flow from operations of $32 million. For fiscal 2015, the company anticipates capital expenditures of approximately $2 million, of which about $500,000 should occur in the first quarter. For the first quarter of fiscal 2015, the company anticipates a tax rate approximately 48%, excluding the impact of the residual European severance charges.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
RECN:US $15.31 USD +0.18

RECN Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for RECN.
View Industry Companies
 

Industry Analysis

RECN

Industry Average

Valuation RECN Industry Range
No financial data is available for RECN.
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact RESOURCES CONNECTION INC, please visit www.resourcesglobal.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.