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swisher hygiene inc (SW8) Snapshot

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swisher hygiene inc (SW8) Details

Swisher Hygiene Inc. provides hygiene and sanitation solutions. Its solutions include cleaning and sanitizing products and services designed to promote cleanliness and sanitation in commercial environments. The company engages in the provision of consumable products, such as detergents, cleaning chemicals, soaps, papers, and supplies, as well as rental and servicing of dish machines and other equipment for the dispensing of these products; rental of facility service items requiring regular maintenance and cleaning, such as floor mats, mops, bar towels, and linens; and provision of manual cleaning services for facilities. It serves customers in a range of end-markets, such as foodservice, hospitality, retail, and healthcare industries. The company offers its products and services through its field sales group, corporate account sales team, and independent third-party distributor partners. As of December 31, 2012, it had company owned operations and 2 franchise operations located in the United States and Canada, as well as entered into 9 master license agreements covering the United Kingdom, Portugal, the Netherlands, Singapore, the Philippines, Taiwan, Korea, Hong Kong/Macau/China, and Mexico. The company is headquartered in Charlotte, North Carolina.

1,641 Employees
Last Reported Date: 05/1/13

swisher hygiene inc (SW8) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: $270.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: --
Executive Vice President and Secretary
Total Annual Compensation: $250.0K
Compensation as of Fiscal Year 2012.

swisher hygiene inc (SW8) Key Developments

Swisher Hygiene Receives Non-Compliance Notice From NASDAQ

Swisher Hygiene Inc. announced that in connection with filing its Form 12(b)-25, it received a letter from NASDAQ on May 14, 2013 indicating that it is not in compliance with the filing requirements for continued listing under NASDAQ Listing Rule 5250(c)(1) since its Form 10-Q for the quarter ended March 31, 2013 (the Form 10-Q) was not timely filed. The letter from NASDAQ advised Swisher Hygiene that the NASDAQ Hearings Panel (the Panel) will consider this deficiency in their decision regarding its continued listing on The NASDAQ Global Select Market. Swisher Hygiene has advised the Panel that it expects to file the Form 10-Q later this week; however, Swisher Hygiene can provide no assurance as to when it will complete this filing. In addition, Swisher Hygiene received a letter from the Toronto Stock Exchange (TSX) stating the TSX did not object to Swisher Hygiene filing its Form 10-Q on or before May 31, 2013. The TSX will monitor the progress Swisher Hygiene is making to file the late statements through the Ontario Securities Commission.

TSX To Delist Common Shares Of Swisher Hygiene

Further to TSX Bulletin 2013-0311 dated March 28, 2013, the common shares of Swisher Hygiene Inc. will now be delisted at the close of business on June 17, 2013 for failure to meet the continued listing requirements of TSX.

Swisher Hygiene Inc. announced delayed 10-Q filing

On 05/13/2013, Swisher Hygiene Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

 

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SW8 Competitors

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Company Last Change
Calgon Carbon Corp $17.91 USD -0.01
Casella Waste Systems Inc $4.00 USD -0.05
G&K Services Inc $47.67 USD +0.40
UniFirst Corp/MA $95.62 USD +0.47
Zep Inc $16.29 USD 0.00
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SW8

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Valuation SW8 Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.9x
Price/Book 0.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.5x
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