Shares of U.S. Silica Holdings Inc. (NYSE: SLCA), a silica sand supplier company, are seeing a huge rally in trading today after the company reported its fourth-quarter financial results.
For the fourth quarter ended December 31, 2012, SLCA reported net income of $21.8 million, or $0.41 per share, compared to $10 million, or $0.20 per share reported for the same period in the previous year. The company’s revenue for the quarter was $118.8 million, compared to $83.6 million reported for the same period in the previous year. The year-over-year increase in revenue was driven mainly by strength in the company’s Oil and Gas Proppants segment.
For the full year 2012, SLCA reported revenue of $441.9 million, compared to $295.6 million reported in 2011. Net income for the full year was $79.2 million, or $1.50 per share, compared to $30.3 million, or $0.61 per share reported in 2011.
Bryan A. Shinn, President and CEO of U.S. Silica Holdings, said that 2012 was truly exceptional for SLCA, starting with the company’s successful initial public offering at the beginning of the year and concluding with record financial results for the full twelve months.
Shares of Vitamin Shoppe Inc. (NYSE: VSI), a specialty retailer and direct marketer of vitamins, minerals, herbs, specialty supplements, sports nutrition and other health and wellness products, are sinking in trading today after the company reported its fourth-quarter financial results.
For the fourth quarter ended December 29th, 2012, VSI reported net sales of $218.9 million, compared to $214.9 million reported for the same period in the previous year. Year-over-year increase in sales was driven by a 5.2% increase in comparable sales, growth from new stores and a 13.4% increase in e-commerce sales.
Net income for the fourth quarter of 2012 was $9.7 million, compared to $9.4 million reported for the same period in the previous year. Adjusted net income for the quarter was $12.1 million, compared to $9.3 million reported for the same period in the previous year.
VSI shares fell to an intra-day low of $50.30 earlier today. At last check, the stock was trading 19.91% lower at $50.63 on above average volume of 2.48 million.
Shares of Cracker Barrel Old Country Store Inc. (NASDAQ: CBRL), a Lebanon, Tennessee-based company engaged in the operation and development of the Cracker Barrel Old Country Store concept, are soaring in trading today after the company reported its second-quarter financial results.
For the second quarter, CBRL reported net income of $35.7 million, or $1.47 per share, compared to $25.61 million, or $1.10 per share. Adjusted net income for the second quarter came in at $34.26 million, or $1.43 per share, up from $27.90 million, or $1.20 per share reported for the same period in the previous year. Analysts were expecting the company to report adjusted net income of $1.25 per share for the quarter.
Total revenue for the quarter was $702.67 million, compared to $673.23 million reported for the same period in the previous year. Analysts had forecast second-quarter revenue of $694.06 million.
CBRL shares rose to a 52-week high of $75.45 earlier today. At last check, the stock was trading 10.71% higher at $74.12 on above average volume of 609,017.
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