Amerco (UHAL) CEO Ed Shoen said profitability declined due to costs going up and they haven’t been able to pass on higher prices to their customers “We are reporting a drop in profitability for the quarter year over year. Rental … Continued
Platform Specialty (PAH) CEO Rakesh Sachdev called out oil and gas orders as notably weak “Organic sales declined 2% driven primarily by weak demand from oil and gas end markets and continued softness in the electronics business in Asia.” Expecting … Continued
Weight Watchers (WTW) CEO Jim Chambers said they plan on maximizing their relationship with celebrity Oprah Winfrey now that she’s on the board of directors and fully engaged “Our partnership with Oprah Winfrey has accelerated our transformation by amplifying the … Continued
Kraft Heinz (KHC) CEO Bernardo Hees said he is somewhat satisfied with the company’s recent performance but he thinks they can do better “On our last call I said that we’re off to a good start. Good. Not great. And … Continued
Liberty Media (LMCA) CEO Greg Maffei said he is not interested in getting into the music streaming business despite recent reports that the company was looking to buy Pandora “Well, I think the overwhelming drive in the digital music space … Continued
Gartner (IT) CEO Eugene Hall said corporations are emphasizing specific areas of their IT budgets for growth “Technology is critical for every enterprise around the world. Every enterprise has cybersecurity risks. Every enterprise is worried about technology disruption. And technology … Continued
Liberty Global (LBTYA) CEO Mike Fries said they added a decent amount of subscribers during the quarter “We added nearly 280,000 new RGUs in the three-month period that’s double what we did last year in the second quarter and up … Continued
Tesla (TSLA) CFO Jason Wheeler said they are focused on reducing costs across their operations in order to deliver the Model 3 at their projected price point of $35K “On a go-forward basis, the way we’re thinking about margins is … Continued
Seaworld (SEAS) CEO Joel Manby said macroeconomic and political volatility, particularly in the Latin America region, hurt visitors to their park “Unexpected macro factors have weighed heavily on our recent performance. While our strategy is allowing us to make progress … Continued
General Electric (GE) CEO Jeff Immelt on whether the company company was too big when he took over the helm as CEO “Most companies are both a fit of core competency and the times they’re in. In the 80s and … Continued