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Del Taco Restaurants Announces Preliminary Unaudited Fourth Quarter and Fiscal Year 2020 Results

Del Taco Restaurants, Inc., reported preliminary unaudited fiscal fourth quarter and fiscal year 2020 sales results for the 16 and 52 week periods ending December 29, 2020. The Company also provided a liquidity and share repurchase update and announced that its Board of Directors has authorized the initiation of a quarterly cash dividend.

Management Commentary

John D. Cappasola, Jr., President and Chief Executive Officer of Del Taco, commented, “We are very pleased to report a system-wide comparable restaurant sales increase of 3.8% during the fourth quarter consisting of positive results at both company-operated and franchised restaurants. We are proud of our restaurant teams, franchisees and support center staff for...

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Jan 13 8:27 AM, General News



Shake Shack Provides Fourth Quarter 2020 Business Update

Shake Shack Inc. announced preliminary unaudited results for the fiscal fourth quarter and the fiscal year ended December 30, 2020 ahead of presenting at the 23rd Annual ICR Conference.

“We are pleased to see trends in the fourth quarter 2020 continue to improve with Average Weekly Sales of $62,000 compared to $58,000 in the third quarter 2020, and $45,000 in the second quarter 2020. Also in the fourth quarter 2020, Same-Shack sales declined 17.4% compared to...

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Jan 12 10:28 AM, General News


Albertsons Companies Reports Third Quarter Fiscal 2020 Results

Albertsons Companies, Inc. reported results for the third quarter of fiscal 2020, which ended December 5, 2020.

Third Quarter of Fiscal 2020 Highlights

  • Identical sales growth of 12.3%
  • Digital sales growth of 225%
  • Net income per share of...
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Jan 12 10:21 AM, General News


Conagra Brands Reports Strong Second Quarter Results

Conagra Brands, Inc. reported results for the second quarter of fiscal year 2021, which ended on November 29, 2020. All comparisons are against the prior-year fiscal period, unless otherwise noted. Certain terms used in this release, including "Organic net sales," "EBITDA," and certain "adjusted" results, are defined under the section entitled "Definitions." See page 5 for more information.

Highlights

  • Second quarter net sales increased 6.2%, and organic net sales increased 8.1%, with significant growth in each of the
  • Company's three retail segments on both a reported and an organic basis.
  • Total Company operating margin increased 250 basis points to...
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Jan 8 8:28 AM, General News


Cal-Maine Foods Reports Second Quarter Fiscal 2021 Results

Cal-Maine Foods, Inc. reported results for the second quarter of fiscal 2021 (thirteen weeks) and twenty-six-week period ended November 28, 2020.

Net sales for the second quarter of fiscal 2021 were $347.3 million, an 11.5 percent increase compared to $311.5 million for the second quarter of fiscal 2020. The Company reported net income of $12.2 million, or $0.25 per basic and diluted share, for the second quarter of fiscal 2021, compared to a net loss of $10.1 million, or...

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Jan 6 8:54 AM, General News


McDonald's to Launch Three New Chicken Sandwiches Next Month

McDonald's is launching three chicken sandwiches beginning February 24, joining long-time sandwich favorites like the Big Mac, Quarter Pounder, Egg McMuffin, and Filet-O-Fish. The new options include a Crispy Chicken Sandwich, Spicy Chicken Sandwich, and the Deluxe Chicken Sandwich.

McDonald's began testing the Crispy Chicken Sandwich in Houston and Knoxville, Tennessee, last year. The sandwich is made of a fried chicken filet served on a potato roll, topped with butter and pickles. The spicy option comes with a spicy pepper sauce, and the deluxe sandwich comes with shredded lettuce, tomatoes, and mayo.

In November, Joe Erlinger, President of McDonald's USA, said a new crispy chicken sandwich would...

 

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Jan 5 8:28 AM, Urner Barry


Darden Restaurants Reports Fiscal 2021 Second Quarter Results

Darden Restaurants, Inc., (NYSE:DRI) today reported its financial results for the second quarter ended November 29, 2020.

Second Quarter 2021 Financial Highlights, Comparisons to Second Quarter Last Year

  • Total sales of $1.66 billion, a decrease of 19.4% driven by negative blended same-restaurant sales of 20.6% and partially offset by the addition of 19 net new restaurants
  • Same-restaurant sales by segment (Thanksgiving Day shifted to the last week of our second fiscal quarter this year from the first week of our third fiscal quarter last year)...
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Dec 18 9:30 AM, General News


Sanderson Farms Reports Results for Fourth Quarter and Fiscal 2020

Sanderson Farms, Inc. reported results for the fourth quarter and fiscal year ended October 31, 2020.

Net sales for the fourth quarter of fiscal 2020 were $940.0 million compared with $906.5 million for the same period a year ago. For the quarter, the Company reported net income of $27.9 million, or $1.26 per share, compared with...

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Dec 17 9:45 AM, General News


United Natural Foods Reports First Quarter Fiscal 2021 Results

United Natural Foods, Inc. reported financial results for the first quarter of fiscal 2021 (13 weeks) ended October 31, 2020.

First Quarter Fiscal 2021 Highlights (comparisons to first quarter fiscal 2020)

  • Net Sales increased 6.0% to $6.67 billion
  • Net loss of $1 million, including $43 million in pre-tax charges and costs
  • Adjusted EBITDA increased...
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Dec 9 9:42 AM, General News


Cracker Barrel Reports First Quarter Fiscal 2021 Results

Cracker Barrel Old Country Store, Inc. reported its financial results for the first quarter of fiscal 2021 ended October 30, 2020.

First Quarter Fiscal 2021 Highlights

  • Comparable store sales improved significantly compared to the fourth quarter, as comparable store restaurant sales decreased 16.4% in the first quarter compared to a decrease of 39.2% in the fourth quarter, and comparable store retail sales declined...
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Dec 3 10:14 AM, General News


Kroger Reports Third Quarter 2020 Results 

The Kroger Co. reported its third quarter 2020 results, provided a Restock Kroger progress update on the three-year transformation plan, and an update to its COVID-19 response.

Comments from Chairman and CEO Rodney McMullen

"Our Kroger family of associates have been nothing short of incredible during the pandemic and they continue to inspire me every day. I am proud of our dedicated associates who continued to...

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Dec 3 10:03 AM, General News


Costco Reports November and First Quarter Fiscal Year 2021 Sales Results

Costco Wholesale Corporation reported net sales of $15.67 billion for the retail month of November, the four weeks ended November 29, 2020, an increase of 15.1 percent from $13.62 billion last year.

For the twelve-week first quarter ended November 22, 2020, the Company reported net sales of $42.35 billion, an increase of 16.9 percent from...

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Dec 3 9:19 AM, General News


Hormel Foods Reports Fourth Quarter and Fiscal 2020 Earnings

Hormel Foods Corporation reported results for the fourth quarter of fiscal 2020. All comparisons are to the fourth quarter of fiscal 2019 unless otherwise noted.

The impact of the Sadler's Smokehouse acquisition (March 2020) is excluded in the presentation of the fourth quarter of fiscal 2020 non-GAAP measures of organic volume and organic net sales. The impact of the CytoSport divestiture last year is excluded from...

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Nov 24 8:45 AM, General News


Jack In the Box Reports Fourth Quarter FY 2020 Earnings

Jack in the Box Inc. reported financial results for the fourth quarter and fiscal year ended September 27, 2020.

Jack in the Box system same-store sales increased 12.2 percent for the quarter. Company same-store sales increased 9.6 percent in the fourth quarter driven by average check growth of 21.9 percent while transactions decreased 12.3 percent. Improvement in company same-store sales as compared with...

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Nov 23 8:14 AM, General News


Walmart Releases Q3 FY21 Earnings

Walmart has released earnings for Q3 FY21. Below are highlights of the earnings results:

Total Revenue

Total revenue was $134.7 billion, an increase of $6.7 billion, or 5.2%. Excluding currency, total revenue would have increased 6.1% to reach $135.8 billion.

U.S. Comparable Sales

Walmart U.S. comparable sales increased 6.4% with strength across key categories, including...

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Nov 18 8:33 AM, General News


Tyson Foods Reports Strong Fourth Quarter and Fiscal 2020 Results

Tyson Foods, Inc., one of the world’s largest food companies and a recognized leader in protein with leading brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair, today reported the following results:

Fiscal 2020 Highlights

  • GAAP EPS of $5.86, up 6% from prior year; Adjusted EPS of $5.64 (52-week basis), up 3% from prior year
  • GAAP operating income of $3,114 million, up 10% from prior year; Adjusted operating income of $3,116 million (52-week basis), up 5% from prior year
  • Total Company GAAP operating margin of...
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Nov 16 8:24 AM, General News


Beyond Meat Reports Third Quarter 2020 Results

Beyond Meat, Inc., a leader in plant-based meat, reported financial results for its third quarter ended September 26, 2020.

Third Quarter 2020 Financial Highlights

  • Net revenues were $94.4 million, an increase of 2.7% year-over-year.
  • Gross profit was $25.5 million, or gross margin of 27.0% of net revenues; Adjusted gross profit was $27.3 million, or
  • Adjusted gross margin of 28.9% of net revenues, reflecting exclusion of expenses attributable to COVID-19.
  • Net loss was $19.3 million, or $0.31 per common share; Adjusted net loss was $17.5 million, or $0.28 per common share, reflecting exclusion of expenses attributable to COVID-19.
  • Adjusted EBITDA was a loss...
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Nov 11 8:15 AM, General News


Hain Celestial Reports First Quarter Fiscal Year 2021 Financial Results

The Hain Celestial Group, Inc., a leading organic and natural products company with operations in North America, Europe, Asia and the Middle East, reported financial results for the first quarter ended September 30, 2020. The results contained herein are presented with the Hain Pure Protein and Tilda operating segments being treated as discontinued operations. All growth comparisons are against corresponding prior year period unless otherwise noted.

Mark L. Schiller, Hain Celestial's President and Chief Executive Officer, commented, "We are very pleased with our first quarter results, which exceeded our initial expectations of several hundred basis points of margin expansion, significant growth in adjusted EBITDA and...

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Nov 10 10:18 AM, General News


Papa John’s Announces Third Quarter 2020 Financial Results 

Papa John’s International, Inc. announced financial results for the three and nine months ended September 27, 2020.

“Thanks to our focus on our strategic priorities, our commitment to an innovation mindset, and our dedication to supporting our team members and franchisees, Papa John’s delivered another quarter of outstanding results,” said President & CEO Rob Lynch. “Double-digit comparable sales growth, dramatically higher earnings and robust free cash flow all reflect a winning strategy and execution that have helped us...

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Nov 6 8:34 AM, General News


Performance Food Group Reports First-Quarter Fiscal 2021 Results

Performance Food Group Company announced its first-quarter fiscal 2021 business results.

“I am very pleased with our first-quarter results as the organization continues to take market share and prove its resiliency,” said George Holm, PFG’s Chairman, President & Chief Executive Officer. “Our Foodservice segment once again outperformed the industry, particularly in the independent restaurant channel. The integration of Reinhart has progressed smoothly and Vistar, despite its exposure to some of the hardest hit channels, has remained profitable due to strength in the convenience store channel. Our associates are...

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Nov 5 8:35 AM, General News


Wendy's Reports Third Quarter Results

The Wendy's Company reported unaudited results for the third quarter ended September 27, 2020.

"In the third quarter we posted our highest Global same-restaurant sales growth performance in over 15 years on top of outsized growth in the prior year." President and Chief Executive Officer Todd Penegor said. "In addition to these very strong sales, our restaurant economic model continues to strengthen, with Company-operated restaurant margin expansion compared to the prior year, despite significant commodity headwinds. We remain focused on our goal of delivering efficient, accelerated growth behind...

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Nov 5 8:35 AM, General News


Weis Markets Reports Third Quarter Results

Weis Markets, Inc. reported its sales increased 14.4 percent to $1.0 billion during the thirteen-week period ended September 26, 2020, compared to the same period in 2019, while its third quarter comparable store sales increased 14.8 percent.

The Company's third quarter net income increased 118.8 percent to $31.3 million compared to $14.3 million in 2019, while earnings per share totaled $1.16 compared to $0.53 per share for the same period in 2019. Third quarter ecommerce sales increased 160 percent.

"Our sales and current demand continue to be impacted by a significant number of people working remotely, often with children attending...

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Nov 4 8:20 AM, General News


Sysco Reports Sales Decline in First Quarter Fiscal 2021 Results

On Tuesday Sysco Corporation announced their financial results for its 13-week first fiscal quarter, which ended September 26, 2020. According to the company, sales decreased by 23% to $11.8 billion and gross profit decreased by 24.6% to $2.2 billion.

“Although our first quarter 2021 results continue to be impacted by the pandemic, we are pleased with our overall expense management and our ability to produce positive free cash flow and a profitable quarter despite a 23% reduction in sales,” said Sysco president and CEO Kevin Hourican...

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Nov 3 10:14 AM, SeafoodNews


Publix Reports Third Quarter 2020 Results

The coronavirus pandemic was declared a national emergency on March 13, 2020 and continues to be a challenge. It remains a top priority of Publix to serve the communities in which it operates in a way that protects the health and safety of its associates and customers.

Publix’s sales for the three months ended Sept. 26, 2020 were $11.1 billion, an 18.3% increase from $9.3 billion in 2019. Comparable store sales for the three months ended Sept. 26, 2020 increased 16.5%. The company estimates its sales for the three months ended Sept. 26, 2020 increased approximately $1.25 billion or 13.4% due to the impact of the coronavirus pandemic.

Net earnings for the three months ended Sept. 26, 2020 were $917.6 million, compared to $574 million in 2019, an increase of 59.9%. Earnings per share for the three months ended Sept. 26, 2020 increased to $1.31 per share, up from...

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Nov 3 9:22 AM, General News


US Foods Reports Third Quarter Fiscal 2020 Earnings

US Foods Holding Corp. announced results for the third quarter of fiscal 2020. In this press release we refer to certain organic financial results. Organic financial results exclude contributions during the respective period from Smart Stores Holding Corp. (“Smart Foodservice”), which was acquired on April 24, 2020. For the Food Group of Companies (the “Food Group”), which was acquired on Sept. 13, 2019, organic financial results include contributions for the Sept. 14, 2020, through Sept. 26, 2020, time period only.

Third Quarter Fiscal 2020 Highlights

  • Total case volume decreased 8.9%; total organic case volume decreased 22.2%
  • Net sales decreased 10.5% to $5.8 billion
  • Gross profit decreased 15.7% to $974 million
  • Net loss available to common shareholders was...
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Nov 3 8:24 AM, General News


The Cheesecake Factory Reports Results for the Third Quarter of 2020

The Cheesecake Factory Incorporated reported financial results for the third quarter of fiscal 2020, which ended on September 29, 2020.

Total revenues were $517.7 million in the third quarter of fiscal 2020 compared to $586.5 million in the third quarter of fiscal 2019. Net loss and diluted net loss per share were $28.3 million and $0.76, respectively, in the third quarter of fiscal 2020, reflecting the impact of COVID-19. The results in this press release include the acquisition of North Italia and the remaining business of Fox Restaurant Concepts LLC (“FRC”) on October 2, 2019.

During the third quarter of fiscal 2020, the Company recorded pre-tax impairment of assets and lease termination expense of $10.4 million, $5.4 million of which was cash lease termination expense associated with one...

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Nov 3 8:24 AM, General News


Ruth's Hospitality Provides Business Update and Reports Third Quarter 2020 Financial Results

Ruth’s Hospitality Group, Inc. provided a business update on the impact of the COVID-19 pandemic and reported unaudited financial results for its third quarter ended September 27, 2020.

Business and Liquidity Update

  • By the end of the third quarter, the Company was able to re-open 94% (72 of 77) of its Company-owned and managed restaurants, which included 71 restaurants offering limited capacity dining service and one restaurant offering to-go and delivery service only.
  • 99% (71 of 72) of the Company’s franchisee-owned restaurants were open with capacity restricted dining rooms as of the end of the third quarter.
  • Third quarter comparable restaurant sales at Company-owned restaurants decreased...
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Nov 3 8:23 AM, General News


Shake Shack Announces Third Quarter 2020 Financial Results

Shake Shack Inc. reported its financial results for the third quarter ended September 23, 2020, a period that included 13 weeks.

Randy Garutti, Chief Executive Officer of Shake Shack, stated, “Our business during this most recent quarter showed steady recovery, thanks to the hard work and dedication of our team, their agility in adapting new Shack protocols and models and an increasingly strong suite of digital capabilities. As a result, guests have been able to enjoy their Shack the way they want it, with a choice of convenient and safe ordering and...

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Nov 2 8:27 AM, General News


Starbucks Reports Q4 Fiscal 2020 Results

Starbucks Corporation reported financial results for its 13-week fiscal fourth quarter ended September 27, 2020. GAAP results in fiscal 2020 and fiscal 2019 include items that are excluded from non-GAAP results. Please refer to the reconciliation of GAAP measures to non-GAAP measures at the end of this release for more information.

“I am very pleased with our strong finish to fiscal 2020, underpinned by a faster-than-expected recovery in our two lead growth markets, the U.S. and China. These results demonstrate the continued strength and relevance of our brand, the effectiveness of...

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Nov 2 8:26 AM, General News


Dunkin' Brands Reports Third Quarter 2020 Results

Dunkin' Brands Group, Inc., the parent company of Dunkin' and Baskin-Robbins, reported results for the third quarter ended September 26, 2020.

"Our strong third quarter results are a testament to our continued focus on the Dunkin' U.S. Blueprint for Growth and demonstrate that our high-frequency, low-touch, affordable-ticket business performs well in any environment. In response to changing consumer patterns, we moved quickly to adapt our menu, introducing new beverages and snacking items designed to appeal to both morning and afternoon traffic, as well as younger consumers. We also doubled down on digital, leveraging...

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Oct 30 8:26 AM, General News


Yum China Reports Third Quarter 2020 Results

Yum China Holdings, Inc. reported unaudited results for the third quarter ended September 30, 2020.

Impact of COVID-19 Outbreak and Mitigation Efforts

Third quarter operations improved, although still impacted by reduced traffic at transportation and tourist locations, the delayed and shortened school holiday and the other lingering effects of the COVID-19 outbreak. Dine-in volume has been recovering, while delivery and takeaway remained popular options. The Company's primary focus continues to be safety, efficiency and driving traffic. We launched attractive digital and membership campaigns with...

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Oct 29 10:00 AM, General News


Blue Apron Reports Third Quarter 2020 Results

Blue Apron Holdings, Inc. announced financial results for the quarter ended September 30, 2020.

“Our third quarter operating results, including the 13% year over year net revenue improvement, exceeded our guidance reflecting continued momentum,” said Linda Findley Kozlowski, Blue Apron Chief Executive Officer. “Our growth initiatives, such as continued product innovation to provide more variety, flexibility and choice, and more efficient marketing to drive higher attraction and engagement, are key factors in the consistent improvements we are generating in Orders per Customer and Average Order Value. These efforts led to Average Revenue per Customer exceeding $300 for the second consecutive quarter. While challenges with labor availability have impacted our ability to address...

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Oct 29 9:53 AM, General News


Pilgrim's Pride Reports Third Quarter Financial Results

Pilgrim’s Pride Corporation reports third quarter 2020 financial results.

Third Quarter Highlights

  • Net Sales of $3.08 billion.
  • Net GAAP Income of $33.4 million. Adjusted Net Income of $161.7 million or adjusted EPS of $0.66 excluding $110.5 million DOJ agreement.
  • Consolidated Operating Income margin of 3% with Adjusted Operating Income margins of 6.7% in U.S. excluding DOJ agreement, 18.4% in Mexico and 3.5% in Europe.
  • Adjusted EBITDA of $305.0 million, or a 9.9% margin, 18% higher than a year ago.
  • Faced with the global Covid-19 pandemic, we continue to be guided by...
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Oct 29 8:39 AM, General News


Dine Brands Global Reports Third Quarter 2020 Results

Dine Brands Global, the parent company of Applebee's Neighborhood Grill + Bar and IHOP restaurants, announced financial results for the third quarter of 2020.

“We continue to execute on our strategy to stabilize our business and restore growth, which resulted in both brands delivering continued improvements during this challenging time for our industry. I want to thank our franchisees and team members who have been working tirelessly this year. They have adapted to the significant challenges of 2020 with remarkable agility, bringing our delicious, affordable food to guests in a low-contact and safe manner,” said Steve Joyce, Chief Executive Officer of Dine Brands Global, Inc.

Mr. Joyce added, “We believe that both Applebee’s and IHOP are well-positioned to build on the impressive expansion of our off-premise growth, return restaurant sales to pre-pandemic levels and resume...

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Oct 29 8:23 AM, General News


Maple Leaf Foods Reports Third Quarter 2020 Financial Results

Maple Leaf Foods Inc. reported its financial results for the third quarter ending September 30, 2020.

"Maple Leaf continues to deliver on its responsibility as an essential service, its commitment to protect employees, and its support of local communities during these extraordinary times," stated Michael H. McCain, the Company's President and CEO. "I continue to be amazed and humbled by the steadfastness of our team and their ability to maintain critical infrastructure in the face of extremely challenging circumstances.

"Our operational resiliency, strong brands, and the success of our sustainable meat strategy delivered excellent results in Meat Protein in the third quarter," continued Mr. McCain. "While supply chain disruptions impacted short-term Plant Protein performance, we are seeing...

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Oct 28 9:34 AM, General News


Restaurant Brands International Reports Third Quarter 2020 Results

Restaurant Brands International Inc. reported financial results for the third quarter ended September 30, 2020.

Jose Cil, Chief Executive Officer of Restaurant Brands International Inc. ("RBI") commented, "Our results this quarter are once again a testament to the incredibly hard work our team members, restaurant owners and employees have put in to re-open our restaurants and continue serving millions of guests every day. Looking forward, we are very well-positioned to navigate through a wide range of possible scenarios, especially given the strength of our network of drive-thrus and fast-growing delivery channel."

"Despite our continued near-term focus on confronting the challenges presented by this global health crisis, we continue to make progress behind our long-term vision for the business, including modernizing our brands by...

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Oct 28 8:27 AM, General News


Bloomin’ Brands Reports Strengthening Sales Trends

Bloomin’ Brands, Inc. (Nasdaq: BLMN) today reported results for the third quarter 2020 (“Q3 2020”) compared to the third quarter 2019 (“Q3 2019”).

Statement from David Deno, Chief Executive Officer

Our priorities remain unchanged as we are focused on taking care of our people and serving food in an environment that protects both team members and customers. Maintaining a motivated, well trained, and engaged employee base that is committed to providing a safe dining experience is critical to our long-term success. The decision not to furlough any employees during the pandemic reinforced this principle. This decision is paying off and has been a big part of our success in driving results throughout the pandemic...

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Oct 23 8:47 AM, General News


Chipotle Announces Third Quarter 2020 Results

Chipotle Mexican Grill, Inc. reported financial results for its third quarter ended September 30, 2020.

Third quarter highlights, which incorporate the impact of COVID-19, year over year

  • Revenue increased 14.1% to $1.6 billion
  • Comparable restaurant sales increased 8.3%
  • Digital sales grew 202.5% and accounted for 48.8% of sales for the quarter
  • Restaurant level operating margin was 19.5%, a decrease of 1.3%
  • Diluted earnings per share was $2.82, net of a $0.94 after-tax impact from expenses related to...
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Oct 22 9:40 AM, General News


Albertsons Companies Reports Second Quarter Results

Albertsons Companies, Inc. reported results for the second quarter of fiscal 2020, which ended September 12, 2020.

Second Quarter of Fiscal 2020 Highlights

  • Identical sales growth of 13.8%
  • Digital sales growth of 243%
  • Diluted net income per share of $0.49; Adjusted net income per share of $0.60
  • Net income of $284.5 million
  • Adjusted EBITDA of $948.4 million, an increase of...
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Oct 20 8:19 AM, General News


Del Taco Restaurants Reports Fiscal Third Quarter 2020 Financial Results

Del Taco Restaurants, Inc. reported fiscal third quarter 2020 financial results for the 12-week period ending September 8, 2020 and provided a business update.

Management Commentary

John D. Cappasola, Jr., President and Chief Executive Officer of Del Taco, commented, “As we continue to navigate the challenges and opportunities related to COVID-19, I am proud of our actions to stabilize our business as demonstrated by our strong third quarter performance. Positive third quarter comparable restaurant sales for company-operated and franchised restaurants reflects our value-oriented QSR+ positioning, expanding off-premise convenience and use of innovation with the very successful launch of...

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Oct 19 7:46 AM, General News


Domino's Pizza Announces Third Quarter 2020 Financial Results

Domino's Pizza, Inc. announced results for the third quarter. Global retail sales increased 14.4% in the third quarter, or 14.8% excluding foreign currency impact. U.S. same store sales grew 17.5% during the quarter versus the year-ago period and were positively impacted by customer ordering behavior during the COVID-19 pandemic, continuing the positive sales momentum in the Company's U.S. stores business. The international business also posted positive same store sales results, with growth of 6.2% during the quarter. The third quarter marked the 107th consecutive quarter of international same store sales growth and the 38th consecutive quarter of U.S. same store sales growth.

During the quarter, the Company reported 209 gross new stores and 83 net new stores, comprised of 44 net new U.S. stores and 39 net new international stores. The Company's net store growth reflects the closure of 126 stores, primarily in India. The number of temporary store closures in...

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Oct 12 8:53 AM, General News


Wingstop Releases Preliminary Fiscal Third Quarter 2020 Sales Results 

Wingstop Inc. released preliminary unaudited sales and unit development results for the fiscal third quarter 2020. The Company also announced that it will host a conference call and webcast to discuss its fiscal third quarter 2020 financial results on Monday, November 2, 2020 at 10:00 AM EST.

Highlights for the fiscal third quarter 2020 as compared to the fiscal third quarter 2019:

  • 43 net new openings in fiscal third quarter 2020
  • Domestic same store sales increased 25.4%
  • Company-owned restaurant same store sales increased...
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Oct 7 9:23 AM, General News


United Natural Foods Reports Record Fourth Quarter and Strong Full Year Fiscal 2020 Results

United Natural Foods, Inc. reported financial results for the fourth quarter (13 weeks) and fiscal year (52 weeks) ended August 1, 2020.

Fiscal 2020 Full Year Highlights

(Fiscal 2019 was a 53 week year that included the contribution from an acquisition for 41 weeks)

  • Net sales increased to $26.5 billion
  • Net loss of $(274) million, including $425 million pre-tax goodwill and asset impairment charges recorded in the first quarter of fiscal 2020
  • Adjusted EBITDA increased to $673 million
  • Loss per diluted share (EPS) improved to $(5.10)
  • Adjusted EPS increased to...
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Sep 30 8:23 AM, General News


Papa John's Sustains Strong North America and International Comparable Sales in September

Papa John’s International, Inc. provided preliminary estimated comparable sales information for the month of September and the third quarter fiscal period. In light of the uncertainty related to the pandemic, the company has continued to provide this information on a monthly basis.

President & CEO Rob Lynch said, “Six consecutive months of double-digit comparable sales growth were made possible by the hard work of Papa John’s team members and franchisees during the global pandemic. We remain confident that our innovation pipeline, marketing and technology platforms, and strong operations will continue to...

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Sep 30 8:22 AM, General News


Cal-Maine Foods Reports First Quarter Fiscal 2021 Results

Cal-Maine Foods, Inc. reported results for the first quarter of fiscal 2021 (13 weeks) ended August 29, 2020.

Net sales for the first quarter of fiscal 2021 were $292.8 million, a 21.4 percent increase compared to $241.2 million for the first quarter of fiscal 2020. The Company reported a net loss of $19.4 million, or $0.40 per basic and diluted share, for the first quarter of fiscal 2021, compared to a net loss of $45.8 million, or $0.94 per basic and diluted share, for the first quarter of fiscal 2020.

Dolph Baker, chairman and chief executive officer of Cal-Maine Foods, Inc., stated, “Our results for the first quarter of fiscal 2021 reflect continued challenging market conditions as we proactively monitor and...

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Sep 28 9:33 AM, General News


Darden Restaurants Reports Fiscal 2021 First Quarter Results

Darden Restaurants, Inc., (NYSE:DRI) today reported its financial results for the first quarter ended August 30, 2020.

First Quarter 2021 Financial Highlights, Comparisons to First Quarter Last Year

  • Total sales of $1.53 billion, a decrease of 28.4% driven by negative blended same-restaurant sales of 29.0% and partially offset by the addition of 14 net new restaurants
  • Same-restaurant sales by segment:..
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Sep 24 9:01 AM, General News


Cracker Barrel Reports Fourth Quarter and Full Year Fiscal 2020 Results

Cracker Barrel Old Country Store reported its financial results for the fourth quarter of fiscal 2020 ended July 31, 2020 and provided an update regarding the impact of the COVID-19 pandemic on the Company's business.

Fourth Quarter Fiscal 2020 Highlights

  • Dining room service gradually returned during the first two months of the quarter, and by the end of June, substantially all dining rooms were open at varying levels of reduced capacity.
  • Comparable store restaurant and retail sales both improved sequentially each month during the quarter. Comparable store restaurant sales decreased...
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Sep 16 8:17 AM, General News


Kroger Reports Second Quarter 2020 Results and Updates Full-Year 2020 Guidance

The Kroger Co. reported its second quarter 2020 results, provided a Restock Kroger progress update on the three-year transformation plan, and shared a COVID-19 response update.

Comments from Chairman and CEO Rodney McMullen

"Each day I'm inspired by the work our incredible associates do to bring to life our purpose, to Feed the Human Spirit. I am proud of our dedicated associates who are serving our customers when they need us most. Our top priority is to provide a safe environment for associates and customers and as the pandemic continues, we will continue to rise to meet the challenge.

Customers are at the center of everything we do and, as a result, we are...

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Sep 11 9:44 AM, General News


Costco Wholesale Reports August Sales Results 

Costco Wholesale Corporation reported net sales of $13.56 billion for the retail month of August, the four weeks ended August 30, 2020, an increase of 15.0 percent from $11.79 billion last year.

For the 16-week fourth quarter ended August 30, 2020, the Company reported net sales of $52.3 billion, an increase of 12.7 percent compared to net sales of $46.4 billion during the similar period last year.

For the 52-week fiscal year ended August 30, 2020, the Company reported...

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Sep 8 9:02 AM, General News


Campbell Reports Fourth-Quarter and Full-Year Fiscal 2020 Results

Campbell Soup Company reported results for its fourth-quarter and full-year fiscal 2020. Fiscal 2020 was a 53-week year, with the extra week falling in the fourth quarter. The benefit of the additional week in both the fourth-quarter and full-year results is estimated to be $0.04 per share.

  • Fourth-quarter Net Sales increased 18%; Organic Net Sales increased 12% reflecting continued increased demand for our products
  • Fourth-quarter Earnings Per Share (EPS) from Continuing Operations of $0.28 increased from a loss of $0.02; Adjusted EPS of $0.63 increased 50%
  • Full-year Net Sales and Organic Net Sales increased 7% and EPS from Continuing Operations of...
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Sep 4 8:25 AM, General News


Sanderson Farms Reports Results for Third Quarter of Fiscal 2020

Sanderson Farms, Inc. reported results for the third fiscal quarter and nine months ended July 31, 2020.

Net sales for the third quarter of fiscal 2020 were $956.5 million compared with $945.2 million for the same period a year ago. For the quarter, the Company reported net income of $32.8 million, or $1.48 per share, compared with...

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Aug 27 8:50 AM, General News


Hain Celestial Reports Fourth Quarter and Fiscal Year 2020 Financial Results

The Hain Celestial Group, Inc. reported financial results for the fourth quarter and fiscal year ended June 30, 2020. The results contained herein are presented with the Hain Pure Protein and Tilda operating segments being treated as discontinued operations.

Mark L. Schiller, Hain Celestial's President and Chief Executive Officer, commented, "We are pleased to report profitability at the high-end of our expectations for the fiscal year. Our results were strong because of our team's execution of...

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Aug 26 8:19 AM, General News


Papa John’s Reports Continued Strong August Sales in North America

Papa John’s International, Inc. provided preliminary estimated comparable sales information for the August fiscal period. In light of the uncertainty and volatility related to the pandemic, the company has continued to provide this information on a monthly basis.

President & CEO Rob Lynch said, “Papa John’s sales, driven by product innovation, remained strong in August. As we have added new customers throughout 2020, our customer satisfaction and brand affinity scores also...

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Aug 25 9:27 AM, General News


Hormel Foods Reports Third Quarter Results

Hormel Foods Corporation reported results for the third quarter of fiscal 2020. All comparisons are to the third quarter of fiscal 2019 unless otherwise noted.

The impact of the Sadler's Smokehouse acquisition (March 2020) is excluded in the presentation of the third quarter of fiscal 2020 non-GAAP measures of organic volume and organic net sales. Operating free cash flow is also presented as a non-GAAP metric.

Executive Summary - Third Quarter

  • Volume of 1.2 billion lbs., up 4%; organic volume up...
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Aug 25 8:35 AM, General News


BJ’s Wholesale Club Holdings Announces Record Second Quarter Fiscal 2020 Results

BJ’s Wholesale Club Holdings, Inc. announced its financial results for the thirteen and twenty-six weeks ended August 1, 2020.

Highlights

  • Comparable club sales, excluding gasoline sales, increased by 24.2%, including digitally enabled sales growth of over 300% for the second quarter of fiscal 2020.
  • Income from continuing operations increased by 96.5% year-over-year to $106.7 million, for the second quarter of fiscal 2020.
  • Adjusted EBITDA increased by 41.6% year-over-year to $216.9 million, for the second quarter of fiscal 2020.
  • Earnings per diluted share of...
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Aug 21 8:23 AM, General News


Marfrig Reports Results for the Second Quarter of 2020 

Marfrig Global Foods S.A. announced its results for the second quarter of 2020. Except where stated otherwise, the following operating and financial information is presented in nominal Brazilian real, in accordance with International Financial Reporting Standards (IFRS), and should be read together with the income statement and notes to the financial statements for the period ended June 30, 2020 filed at the Securities and Exchange Commission of
Brazil (CVM).

To improve comparisons, the results herein are identified as “proforma,” i.e., including 100% of the results of Quickfood, Várzea Grande and Iowa Premium in 2Q19.

Results described as “Continuing Operations” consider...

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Aug 14 9:09 AM, General News


SpartanNash Announces Second Quarter Fiscal 2020 Financial Results

SpartanNash Company reported financial results for its 12-week second quarter ended July 11, 2020.

Second Quarter Fiscal 2020 Highlights

  • Net sales growth of 9.4% to $2.18 billion from $2.00 billion in the prior year quarter, representing the seventeenth consecutive quarter of growth.
  • Retail comparable store sales of 17.1% were positive for the fourth consecutive quarter, representing a continuation of trends driven by increased consumer demand related to the COVID-19 pandemic.
  • EPS of $0.80 per share, compared to...
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Aug 14 8:23 AM, General News


Red Robin Reports Results for the Second Quarter of 2020

Red Robin Gourmet Burgers, Inc. reported financial results for the quarter ended July 12, 2020.

Second Quarter 2020 Financial Summary Compared to Second Quarter 2019

  • Total revenues were $161.1 million, a decrease of 47.7%, primarily resulting from our operational shift in response to COVID-19, including limited occupant capacity as we reopen dining rooms, operating an off-premise only model at our restaurants with closed dining rooms, and closed restaurants;
  • Comparable restaurant revenue decreased 41.4%;
  • Comparable average Guest check decreased 2.9%, resulting from a 5.7% decrease from...
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Aug 14 8:21 AM, General News


Bell Food Group Reports Financial Results for the First Half of 2020 

Thanks to its broadly supported business model and high productive capacity, the Bell Food Group made operational progress in the first half of 2020 in spite of the coronavirus pandemic. Organic revenue growth was 2.9 percent.

The operating result at EBIT level rose by 2.4 percent. The Bell Switzerland and Bell International business areas made a particular contribution to this growth, while the Convenience business area was affected strongly by the fallout of the coronavirus pandemic. The Bell Food Group is highlighting its commitment to sustainability and is publishing a complete Sustainability Report in accordance with...

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Aug 13 8:45 AM, General News


Performance Food Group Company Reports Fourth-Quarter and Full-Year Fiscal 2020 Results

Performance Food Group Company announced its fourth-quarter and full-year fiscal 2020 business results.

Fourth-Quarter Fiscal 2020 Highlights

  • Total case volume declined 11.5%
  • Net sales declined 2.1% to $5.8 billion
  • Gross profit declined 8.7% to $639.1 million
  • Net loss of $151.2 million
  • Adjusted EBITDA declined...
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Aug 12 9:03 AM, General News


WH Group Announces 2020 Interim Results 

WH Group Limited announced the unaudited consolidated interim results of the Company and its subsidiaries for the six months ended June 30, 2020.

Highlights

• Revenue increased by 12.2% to US$12,481 million
• Operating profit increased by 20.9% to US$925 million
• Profit attributable to owners of the Company, before biological fair value
adjustments, increased by...

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Aug 12 8:51 AM, General News


Smithfield Foods' Adjusted Operating Results Swing to Loss in Second Quarter Amid COVID-19 Pandemic

Smithfield Foods, Inc. announced that it has spent $350 million to protect its team members and the American food supply during the COVID-19 pandemic, causing adjusted operating results to swing to a loss in the second quarter of 2020.

At Smithfield, the first half of 2020 was "a tale of two tapes": pre-pandemic and pandemic. Prior to the onset of COVID-19 in the U.S., Smithfield delivered record results in the first quarter of 2020, which were 190 percent higher than 2019. However, the impact of the pandemic weighed heavily on the company's second quarter, pushing adjusted operating results 140 percent below...

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Aug 12 8:32 AM, General News


Sysco Sees Sales Drop in Fourth Quarter, Fiscal Year 2020 as COVID-19 Pandemic Impacts Foodservice

Sysco reported its fourth quarter and fiscal year 2020 financial results on Tuesday.

The company’s U.S. foodservice operations saw a 42.8% decrease in Q4 sales compared to the same period last year, totaling $6.1 billion.

Sysco also noted its gross profit decreased by 45.7% to $1.2 billion, and gross margin decreased 102 basis points to 19.1%, compared to the same period last year.

For its international foodservice business, Sysco noted a 53.4% drop in sales, totaling $1.4 billion for Q4 2020...

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Aug 11 9:57 AM, General News


Papa John’s Announces Second Quarter 2020 Results

Papa John’s International, Inc. announced financial results for the three and six months ended June 28, 2020. The company also provided an update on the business impact of the global coronavirus (COVID-19) pandemic.

“Faced with an unprecedented global challenge but guided by our values and purpose, Papa John’s achieved record sales in the second quarter,” said Rob Lynch, President & CEO. “Across the U.S. and those international markets where delivery-based businesses have remained open, we have safely and successfully met...

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Aug 7 3:38 PM, General News


Restaurant Brands International Reports Second Quarter 2020 Results

Restaurant Brands International reported financial results for the second quarter ended June 30, 2020.

Jose Cil, Chief Executive Officer of Restaurant Brands International Inc. ("RBI") commented, "The COVID-19 pandemic has introduced a host of unprecedented challenges, but our proactive and coordinated response across the globe has helped drive a significant recovery in performance since March. I am so proud of our restaurant owners, our restaurant team members, and...

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Aug 7 8:24 AM, General News


Wendy's Reports Second Quarter 2020 Results

The Wendy's Company reported unaudited results for the second quarter ended June 28, 2020 and provided an update on the impact of the COVID-19 pandemic on the Company's business.

"I continue to be extremely proud of, and humbled by, the tireless efforts and dedication from our employees, franchisees and supplier partners across the globe as we successfully manage through COVID-19," President and Chief Executive Officer Todd Penegor said. "Our business and restaurant economic model continue to show incredible resilience as we build momentum with U.S. same-restaurant sales accelerating to high-single digit growth in July, driven by...

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Aug 6 8:22 AM, General News


Beyond Meat Reports Second Quarter 2020 Financial Results

Beyond Meat, Inc. reported financial results for its second quarter ended June 27, 2020.

Beyond Meat President and CEO Ethan Brown commented, "I am proud of our record net revenues and growth during a very challenging period. As the toll of the COVID-19 pandemic took hold across the foodservice industry, we repurposed assets and repacked and rerouted products to meet increased consumer activity in the retail aisles. Throughout the quarter, our brand experienced an enviable combination of consumer trends – increasing household penetration; increasing buying levels per household; and strong repeat purchase rates of nearly...

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Aug 5 8:28 AM, General News


Weis Markets Reports Second Quarter Results

Weis Markets reported its sales increased 23.7 percent to $1.1 billion during the thirteen-week period ended June 27, 2020, compared to the same period in 2019, while second quarter comparable store sales increased 24.1 percent.

The Company's second quarter net income increased 102.5 percent to $41.5 million compared to $20.5 million in 2019, while earnings per share totaled $1.54 compared to $0.76 per share for the same period in 2019. Ecommerce sales increased 243 percent during the same period.

"The coronavirus pandemic has altered most aspects of daily life in our seven-state market area which was impacted by...

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Aug 5 8:24 AM, General News


Jack in the Box Announces Departure of CFO

Jack in the Box announced that Lance Tucker, Executive Vice President and Chief Financial Officer, has provided his intent to resign and will be leaving the company effective within the next six weeks. The company has initiated a search for a new Chief Financial Officer. While the company searches to identify a successor, the senior members of the company’s finance department will assume Tucker’s responsibilities on an interim basis.

Dawn Hooper, the company’s controller, has been appointed to principal financial officer effective on Tucker’s last day. Hooper has been with Jack in the Box Inc. for almost 20 years, with her tenure in leadership positions within finance. She, in conjunction with Sean Bogue, the company’s treasurer, will ensure...

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Aug 5 8:23 AM, General News


Ruth's Hospitality Group Provides Business Update and Financial Results for Q2 2020

Ruth’s Hospitality Group, Inc. provided a business update on the impact of the COVID-19 pandemic and reported unaudited financial results for its second quarter ended June 28, 2020.

COVID-19 Business Update:

During the second quarter of 2020, the COVID-19 pandemic continued to impact overall sales and traffic. As previously reported, Company-operated Ruth’s Chris dining rooms were closed in all domestic U.S. locations during April, and the Company transitioned its services to take-out and delivery operations in...

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Aug 5 8:22 AM, General News


Aramark Reports Third Quarter Earnings

Aramark reported third quarter fiscal 2020 results.

“I am encouraged by how well the Company continues to navigate the complexities and challenges of the current environment. Our balance sheet and new business pipeline remain strong, and we have taken strategic actions to fortify Aramark for the future," said John Zillmer, Aramark’s Chief Executive Officer. “I am also proud of how our team members have remained focused on serving our client partners and communities in the face of significant adversity.”

Third Quarter Results

Consolidated Revenue was $2.2 billion in the quarter, down 46.3% year-over-year from the impact of COVID-19 that more than offset modest underlying growth in the overall business. Revenue improved sequentially through each fiscal month with April reflecting...

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Aug 4 9:19 AM, General News


US Foods Reports Second Quarter Fiscal 2020 Earnings

US Foods Holding Corp. announced results for the second quarter of fiscal 2020. In this press release we refer to certain organic financial results. Organic financial results exclude contributions during the respective period from Smart Stores Holding Corp. (“Smart Foodservice”), which was acquired on April 24, 2020 and the Food Group of Companies (the "Food Group"), which was acquired on Sept. 13, 2019.

Second Quarter Fiscal 2020 Highlights

  • Total case volume decreased 28.0%; total organic case volume decreased 40.2%
  • Net sales decreased 29.2% to $4.6 billion
  • Gross profit decreased 41.2% to $671 million
  • Net loss available to common shareholders was...
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Aug 4 9:11 AM, General News


Shake Shack Announces Second Quarter 2020 Financial Results

Shake Shack Inc. reported its financial results for the second quarter ended June 24, 2020, a period that included 13 weeks.

Randy Garutti, Chief Executive Officer of Shake Shack, stated, “Throughout this difficult time, I remain incredibly proud of our team. They've continued to show up, to support each other, our guests, our communities and our suppliers. They’ve had an unwavering commitment to excellence and hospitality in the face of an incredibly challenging operating environment. We owe them a debt of gratitude, and...

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Aug 4 8:24 AM, General News


Tyson Foods Reports Third Quarter 2020 Results

Tyson Foods, Inc. today reported the following results:

First Nine Months Highlights

  • GAAP EPS of $3.96, down 12% from prior year; Adjusted EPS of $3.83, down 10% from prior year
  • GAAP operating income of $2,102 million; Adjusted operating income of $2,155 million
  • Total Company GAAP operating margin of 6.6% and Adjusted operating margin of 6.8%
  • Generated $2.7 billion of...
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Aug 3 8:31 AM, General News


Kraft Heinz Reports Second Quarter 2020 Results

The Kraft Heinz Company reported financial results for the second quarter of 2020 that reflected solid net sales growth of 3.8 percent and Organic Net Sales growth of 7.4 percent versus the year-ago period due to strong retail performance across all business segments. Results also included non-cash impairment charges related to goodwill and intangible assets.

“Our response to the ongoing COVID-19 pandemic reflects the hard work and dedication of our remarkable employees around the world,” said Kraft Heinz CEO Miguel Patricio. "We are now starting to realize the benefits of agility and scale, while implementing changes across the Company to further drive agility, both internally and how we go to market. We believe this will be the key to...

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Aug 3 8:19 AM, General News


Dunkin' Brands Reports Second Quarter 2020 Results

Dunkin' Brands Group, Inc., the parent company of Dunkin' and Baskin-Robbins (BR), reported results for the second quarter ended June 27, 2020.

"For Dunkin' U.S., same store sales improved sequentially throughout the quarter, largely as a result of our ability to pivot quickly and introduce new menu items designed to appeal to customers who are now visiting us later in the day. Our digital platform -- a cornerstone of our Dunkin' Blueprint for Growth -- drove significant customer engagement and rapid recovery during the quarter, and last week we announced...

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Jul 31 8:21 AM, General News


Yum China Reports Second Quarter 2020 Results

Yum China Holdings, Inc. reported unaudited results for the second quarter ended June 30, 2020.

Impact of COVID-19 Outbreak and Mitigation Efforts

Second quarter operations improved since the COVID-19 outbreak. More than 99% of stores in China are now open, with sales and profits trending unevenly. Sales improved sequentially in April and May but softened in June. Sales were primarily impacted by significantly reduced traffic at transportation and tourist locations, delayed and shortened school holidays and resurging regional infections. These factors and the lingering effect of COVID-19 continue to...

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Jul 31 8:20 AM, General News


Pilgrim's Pride Reports Financial Results for Q2

Pilgrim’s Pride Corporation reports second quarter 2020 financial results.

Second Quarter Highlights

  • Net Sales of $2.82 billion.
  • Net GAAP loss of $(6.0) million.
  • Operating Income margins of 2.2% in U.S., -13.3% in Mexico and 3.1% in Europe operations, respectively.
  • Adjusted EBITDA of $112.2 million, or a 4.0% margin.
  • Faced with the global Covid-19 pandemic, we remain guided by our principles of an uncompromising commitment to the safety of our team members, our duty to provide quality food globally, and our responsibility to provide continued...
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Jul 30 8:44 AM, General News


Dine Brands Global Reports Second Quarter 2020 Results

Dine Brands Global, Inc., the parent company of Applebee's Neighborhood Grill + Bar and IHOP restaurants, announced financial results for the second quarter of 2020.

“As we continue to navigate through the challenges currently facing our industry, we have remained resolute in our focus to return to growth. Throughout the second quarter, weekly comparable sales and traffic at both Applebee’s and IHOP improved as state and local governments began to ease restrictions on dining room operations. This, coupled with the significant growth of our brands’ off-premise business, contributed to...

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Jul 30 8:31 AM, General News


Wingstop Reports Fiscal Second Quarter 2020 Financial Results

Wingstop announced financial results for the fiscal second quarter ended June 27, 2020.

"I am very proud of our team members and brand partners and the extraordinary results we achieved against a challenging backdrop. We benefited from a steadfast focus on expanding our digital business and leveraging delivery to make it seamless for fans to access the craveable flavors of our fresh, cook-to-order wings, fries and sides," commented Charlie Morrison, Chairman and Chief Executive Officer of Wingstop. "Despite the unprecedented circumstances, we opened 23 net new restaurants which highlights...

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Jul 30 8:30 AM, General News


Starbucks Reports Q3 Fiscal 2020 Results

Starbucks Corporation reported financial results for its 13-week fiscal third quarter ended June 28, 2020. GAAP results in fiscal 2020 and fiscal 2019 include items that are excluded from non-GAAP results. Please refer to the reconciliation of GAAP measures to non-GAAP measures at the end of this release for more information.

“Since the beginning of the COVID-19 outbreak in January, we have taken a principled approach to navigate the crisis, true to our mission and values. Every step of the way, we have thoughtfully addressed the needs of Starbucks stakeholders and are particularly proud of the industry-leading investments we have made to support our partners while creating...

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Jul 29 8:43 AM, General News


Del Taco Reports Second Quarter Financial Results

Del Taco Restaurants reported fiscal second quarter 2020 financial results for the 12-week period ending June 16, 2020 and provided a business update related to the impact of COVID-19.

Management Commentary

John D. Cappasola, Jr., President and Chief Executive Officer of Del Taco, commented, “Our restaurant teams, franchise partners and support staff are doing exceptional work supporting our people, serving our guests and strengthening our brand as we successfully navigate the business recovery phase of our strategy while preparing for brand acceleration. Despite the pandemic-induced headwind affecting our industry, our system-wide comparable restaurant sales continue to improve sequentially and are...

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Jul 29 8:20 AM, General News




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