Category Archives: Consumer Goods

Toyota Global Hybrids Sales Surpass Ten Million

Toyota declared recently that it has achieved more than 10 million cumulative units of hybrid vehicle (HV) sales, counting plug-in hybrids, as of January 31. The most recent milestone was achieved just nine months after total sales reached 9 million units at the end of April 2016.

Time Warner Shareholders Approve Merger with AT&T

Time Warner Inc. (TWX) shareholders recently voted to adopt the merger agreement between AT&T Inc. and Time Warner Inc., with 78% of the outstanding shares of common stock voting in favor; and of the shares voted, 99% were cast in favor of the proposal. Having obtained shareholder approval of the transaction, and with regulatory review of the deal underway, the company continues to expect the transaction to close before yearend 2017.

Mondelēz International, Inc., unveiled a new treat which joins TEDDY Grahams as part of the new TEDDY brand portfolio.

Mondelēz International, Inc., unveiled a new treat which joins TEDDY Grahams as part of the new TEDDY brand portfolio. Already known and loved by parents in more than 40 countries around the world by other names such as Barni, meet TEDDY Soft Bakes – the treat that’s rooted in the idea that food can assist inspire moments of playful discovery, and snack time can provide an opportunity for parents to connect and share with their kids.

Elev8 Brands, Inc. Acquires 02 Breathe, LLC

Elev8 Brands, Inc. (OTC Pink: VATE) a company with a new premium hemp seed coffee blend, that also plans to bring to market hemp water products and supplements, all of which will focus on the health and fitness markets, declares it has reached an acquisition agreement with 02 Breathe, LLC, a Florida Limited Liability Company. As part of the Transaction Elev8 Brands, Inc. attained all of the membership interest in 02 Breathe, LLC and Ms. Tina Aldrich has become the new Marketing Manager of Elev8 Brands, Inc.

02 Breathe, LLC was founded by Tina Aldrich in 2010 as Orlando’s first mobile oxygen bar.  Since then she’s expanded the business to cover many large festivals, concerts, and other events around the state of Florida.  02 Breathe has serviced trade shows and private events for major clients such as Kaspersky, Gaylord Palms, House of Blues, Hard Rock, Garret Leather, Papa John’s, Merritage Homes, Salix Pharmaceuticals, Symantec, and more.

Kush Bottles Appoints Edd Pratt as Vice President of Operations

 Kush Bottles, Inc. (OTCQB: KSHB), a leading provider of packaging supplies, accessories and branding solutions for the regulated cannabis industry, has designated Edd Pratt as vice president of operations, effective February 13, 2017.

Pratt brings more than 30 years of sales, business development and operations experience with several engineering and high-tech professional services companies. He most recently served as chief operating officer of Wizard International, a provider of innovative and affordable solutions to the custom framing industry. Before his role with Wizard, Pratt held several executive roles where he successfully built and managed operational infrastructures and sales organizations, counting positions with NW Tax Pros and UMC Global. He also co-founded New Paradigm Health Systems, an exclusive producer of dietary supplements. Pratt will be based in Kush Bottles’ fast-growing Pacific Northwest office.

Boyd Gaming Reports Fourth-Quarter, Full-Year 2016 Results

Boyd Gaming Corporation (NYSE: BYD) recently stated financial results for the fourth quarter and full year ended December 31, 2016.

Keith Smith, President and Chief Executive Officer of Boyd Gaming, said: “The fourth quarter was the culmination of an eventful and successful year, as we further positioned our Company for long-term growth. Our Las Vegas Locals segment grew at a healthy pace in the fourth quarter, with same-store Adjusted EBITDA reaching its highest levels in nearly a decade. We were also encouraged to see meaningful sequential improvement in our regional operations, which performed in-line with prior-year results after considering the impact of severe winter weather. And in December, we accomplished the acquisition of the Cannery and Eastside Cannery, further expanding our footprint in the attractive Las Vegas market.”

Tanger Reports Year-End Results For 2016

Tanger Factory Outlet Centers, Inc. (NYSE: SKT) recently stated financial and operating results for the three months and year ended December 31, 2016 and offered initial earnings guidance for 2017.

For the year ended December 31, 2016, net income available to common shareholders was positively influenced by gains totaling $101.8 million, or $1.07 per share, related to the sale of an asset and the acquisition of interests in formerly held joint ventures. Net income available to common shareholders for the three months and year ended December 31, 2015 were positively influenced by gains totaling $86.5 million, or $0.91 per share, and $120.4 million, or $1.27 per share, respectively, related to the sale of assets and interests in an unmerged joint venture.

Orchids Paper Products Company Declares 2016 Fourth Quarter And Year To Date Results

Orchids Paper Products Company (NYSE MKT: TIS) recently stated results for the fourth quarter and year ended December 31, 2016. The following tables provide selected financial results for fourth quarter 2016 contrast to fourth quarter 2015 and the full year 2016 contrast to the full year 2015.

Cedar Fair Reports Record Results For 2016 On Strong Attendance And Guest Spending Growth

Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and active entertainment, recently stated record financial results for the year ended December 31, 2016.

Highlights

  • The Company stated record full-year net revenues of $1.29 billion, up 4% from 2015; net income of $178 million, or $3.14 per diluted limited partner (LP) unit, up $65 million from a year ago.
  • 2016 Adjusted EBITDA was a record $481 million, up 5% from last year.
  • Attendance at Cedar Fair’s parks was a record 25.1 million guests, a 3% increase from 2015; average in-park guest per capita spending raised 2%, to a record $46.90.
  • Higher occupancy rates and average daily room rates at the Company’s resort properties contributed to the record out-of-park revenues of $146 million, a 6% increase from a year ago.
  • The Company remains confident in the strength of its strategy and business model and is on track to achieve its FUNforward 2.0 long-term growth aim of $500 million in Adjusted EBITDA by the end of 2017, a year earlier than planned.

Johnson Controls to present at the Barclays Industrial Select Conference

Johnson Controls International plc (NYSE: JCI) Chairman and Chief Executive Officer Alex Molinaroli and Chief Financial Officer