Matson

MATSON TO PARTICIPATE AT STEPHENS 2023 ANNUAL INVESTMENT CONFERENCE

Retrieved on: 
Tuesday, November 7, 2023
Stephens, Matson, Conference, MATX, NYSE, Satellite navigation device, Cabinetry, Cryptocurrency

HONOLULU, Nov. 7, 2023 /PRNewswire/ -- Matson, Inc. (NYSE: MATX) announced today that Joel Wine, Executive Vice President and Chief Financial Officer, will present an overview of the Company and respond to questions at the Stephens 2023 Annual Investment Conference to be held on November 14, 2023 in Nashville, Tennessee.

Key Points: 
  • HONOLULU, Nov. 7, 2023 /PRNewswire/ -- Matson, Inc. (NYSE: MATX) announced today that Joel Wine, Executive Vice President and Chief Financial Officer, will present an overview of the Company and respond to questions at the Stephens 2023 Annual Investment Conference to be held on November 14, 2023 in Nashville, Tennessee.
  • Matson will provide access to the presentation slides on its website on November 14, 2023.
  • Access to the slides will be available on www.matson.com , under Investors.

Alpine Investors Closes $3.4 Billion Single-Asset Continuation Transaction to Support Continued Growth of Apex Service Partners

Retrieved on: 
Wednesday, October 25, 2023
Professional Services, HVAC, Manufacturing, Finance, Construction & Property, Asset Management, Building Systems, LP, J. P. Morgan, VII, HarbourVest Partners, Lexington Partners, Software, Multimedia, Growth, Partnership, Kirkland & Ellis, CFO, A. J. Brown, Matson, Investment, Pantheon, Security (finance), Management, Apex, Alpine

The announcement follows the recent close of Alpine’s latest fund, Alpine Investors IX (“Fund IX”) , which reached the fund’s hard cap of $4.5 billion of LP commitments.

Key Points: 
  • The announcement follows the recent close of Alpine’s latest fund, Alpine Investors IX (“Fund IX”) , which reached the fund’s hard cap of $4.5 billion of LP commitments.
  • "Apex has a unique model that is built on combining leading brands with exceptional people,” said Graham Weaver, Founder and CEO of Alpine Investors.
  • “The result is that Apex creates outstanding experiences for its customers and continues to experience explosive growth.
  • “In just four years, Apex Service Partners has built a leading national business by serving as a force multiplier for the incredible employees and leading local brands within our platform,” said AJ Brown, CEO of Apex Service Partners.

MATSON ANNOUNCES PRELIMINARY 3Q23 RESULTS, PROVIDES BUSINESS UPDATE AND ANNOUNCES 3Q23 EARNINGS CALL DATE

Retrieved on: 
Monday, October 23, 2023
FEU, MATX, NYSE, PIN, Rail transport by country, Transport, Share repurchase, CCX, Light, MV Transpacific (T-1), EPS, Matson, Inc., Matson, AAX, CCF, Renewable energy, Aquaculture, Cryptocurrency, Security (finance), Logistics

Expects 3Q23 net income and diluted EPS to be $114.0 to $120.5 million and $3.23 to $3.41, respectively

Key Points: 
  • Expects 3Q23 net income and diluted EPS to be $114.0 to $120.5 million and $3.23 to $3.41, respectively
    Announces third quarter earnings call date on October 30, 2023
    HONOLULU, Oct. 23, 2023 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX) today announces preliminary third quarter financial results, provides a business update and announces that its third quarter earnings call will be held on October 30, 2023.
  • The year-over-year volume declines in Guam and Alaska were primarily driven by lower general demand and lower seafood volume, respectively.
  • (3)
    During the third quarter of 2023, Matson repurchased approximately 0.3 million shares for a total cost of $25.8 million.
  • A replay of the conference call will be available approximately two hours after the event by accessing the webcast link at www.matson.com, under Investors.

MATSON, INC. ANNOUNCES SECOND QUARTER 2023 RESULTS

Retrieved on: 
Tuesday, August 1, 2023
SCFI, Unemployment, MATX, Tourism, Face, SSAT, CLX, Rail transport by country, Matson, Inc., Transport, Matson, CCX, MV Transpacific (T-1), EBITDA, AAX, Growth, NYSE, Video game, Retail, Aquaculture, Pacific Ocean

Consolidated revenue for the second quarter 2023 was $773.4 million compared with $1,261.1 million for the second quarter 2022.

Key Points: 
  • Consolidated revenue for the second quarter 2023 was $773.4 million compared with $1,261.1 million for the second quarter 2022.
  • "We expect Matson's consolidated operating income in the third quarter of 2023 to be higher than the level achieved in the second quarter.
  • The contribution in the second quarter 2023 from the Company's SSAT joint venture investment was $(1.4) million, or $26.1 million lower than the second quarter 2022.
  • Logistics: In the second quarter 2023, operating income for the Company's Logistics segment was $14.3 million, or $8.8 million lower compared to the level achieved in the second quarter 2022.

MATSON PUBLISHES 2022 SUSTAINABILITY REPORT

Retrieved on: 
Tuesday, July 25, 2023
Matson, ESG, MATX, Attention, NYSE, Sustainability reporting, Pacific Ocean

HONOLULU, July 24, 2023 /PRNewswire/ -- Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, has published its 2022 Sustainability Report, which describes the company's progress toward achieving its environmental, social and governance (ESG) goals.

Key Points: 
  • HONOLULU, July 24, 2023 /PRNewswire/ -- Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, has published its 2022 Sustainability Report, which describes the company's progress toward achieving its environmental, social and governance (ESG) goals.
  • The report also provides detailed information on the company resources and attention focused on upholding high ethical standards; reducing environmental impact; and supporting the wellbeing of its employees and communities.
  • A downloadable copy of Matson's 2022 Sustainability Report is available on the company's website at: https://www.matson.com/sustainability.html

MATSON, INC. ANNOUNCES FIRST QUARTER 2023 RESULTS

Retrieved on: 
Thursday, May 4, 2023
SCFI, Unemployment, MATX, Tourism, Share repurchase, SSAT, CLX, Rail transport by country, Matson, Inc., Transport, Matson, CCX, MV Transpacific (T-1), EBITDA, AAX, NYSE, Video game, Aquaculture, Airline, Cargo, Pacific Ocean, Logistics

Consolidated revenue for the first quarter 2023 was $704.8 million compared with $1,165.5 million for the first quarter 2022.

Key Points: 
  • Consolidated revenue for the first quarter 2023 was $704.8 million compared with $1,165.5 million for the first quarter 2022.
  • "We expect Matson's consolidated operating income in the second quarter of 2023 to be higher than the first quarter.
  • The contribution in the first quarter 2023 from the Company's SSAT joint venture investment was $(1.8) million, or $35.8 million lower than the first quarter 2022.
  • Logistics: In the first quarter 2023, operating income for the Company's Logistics segment was $10.9 million, or $5.5 million lower compared to the level achieved in the first quarter 2022.

MATSON ANNOUNCES PRELIMINARY 1Q23 RESULTS, PROVIDES BUSINESS UPDATE AND ANNOUNCES 1Q23 EARNINGS CALL DATE

Retrieved on: 
Wednesday, April 19, 2023
MATX, Share repurchase, FEU, CLX, GAAP, Rail transport by country, Matson, Inc., Transport, MTA Capital Construction and Development Company, Matson, CCX, MV Transpacific (T-1), PIN, Island, AAX, EPS, NYSE, Total, Retail, Shipbuilding, Security (finance), Logistics

Expects 1Q23 net income and diluted EPS to be $29.3 to $33.8 million and $0.81 to $0.93, respectively

Key Points: 
  • Expects 1Q23 net income and diluted EPS to be $29.3 to $33.8 million and $0.81 to $0.93, respectively
    Announces first quarter earnings call date on May 4, 2023
    HONOLULU, April 19, 2023 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX) today announces preliminary first quarter financial results, provides a business update and announces that its first quarter earnings call will be held on May 4, 2023.
  • During the first quarter, retail customers continued to conservatively manage inventories amid weakening consumer demand, increasing interest rates and economic uncertainty.
  • The year-over-year volume declines in Guam and Alaska were primarily driven by lower retail-related demand and lower seafood volume, respectively.
  • As a result, Matson expects first quarter operating income for Ocean Transportation of $23.0 to $28.0 million and Logistics operating income of $10.0 to $11.0 million.

MATSON TO PARTICIPATE AT STIFEL 2023 TRANSPORTATION & LOGISTICS CONFERENCE

Retrieved on: 
Tuesday, January 31, 2023
Matson, NYSE, Conference, MATX, Airline, Cryptocurrency

HONOLULU, Jan. 31, 2023 /PRNewswire/ -- Matson, Inc. (NYSE: MATX) announced today that Joel Wine, Executive Vice President and Chief Financial Officer, will be attending the Stifel 2023 Transportation & Logistics Conference to be held on February 7, 2023 in Amelia Island, Florida.

Key Points: 
  • HONOLULU, Jan. 31, 2023 /PRNewswire/ -- Matson, Inc. (NYSE: MATX) announced today that Joel Wine, Executive Vice President and Chief Financial Officer, will be attending the Stifel 2023 Transportation & Logistics Conference to be held on February 7, 2023 in Amelia Island, Florida.
  • Matson will provide access to the presentation slides on its website on February 7, 2023.
  • Access to the slides will be available on www.matson.com , under Investors.

Greenbrier Elects New Board Chair

Retrieved on: 
Tuesday, August 30, 2022
ACT, COVID-19, CEO, View, Navy, Risk, Maintenance, Conversation, The Greenbrier Companies, USAA, Air force, Leadership, Board of directors, Company, Matson, Housing, Communities and Local Government Committee, Board, Chair, Independent, SEC, Chairperson, Commander, Lead, Huntington Ingalls Industries, Admiral, Industry, Form 10-K, Marines, Furman, Multimedia, IDEAL, Analysis, Private Securities Litigation Reform Act, Growth, Transport, Private sector, Rail transport by country, NYSE, RET, Army, Result, GBX, SAFE, USN, Northrop Grumman, Financial compensation, Financial condition report, Hawaiian Electric Industries, Management, Hawaiian Airlines

LAKE OSWEGO, Ore., Aug. 30, 2022 /PRNewswire/ -- The Greenbrier Companies, Inc. (NYSE: GBX) today announced the election of retired four-star Admiral Thomas B. Fargo as Independent Chair of its Board of Directors, effective at Greenbrier's close of business on August 31. A board member since 2015, Fargo serves as Chair of Greenbrier's Compensation Committee and a member of the Nominating and Corporate Governance Committee. Fargo has served as the Company's Lead Director since January 2021, a position Greenbrier's Board will eliminate with the election of an independent Board Chair. Effective with the appointment of Fargo, Greenbrier's Board policy is that members identified as Chair must meet the standards of the SEC and NYSE for an independent director.

Key Points: 
  • Fargo has served as the Company's Lead Director since January 2021, a position Greenbrier's Board will eliminate with the election of an independent Board Chair.
  • Furman will continue to serve as a board member until January 2024, completing 50 years with Greenbrier and its affiliated businesses.
  • Fargo also serves as Board Chair at Hawaiian Electric Industries and on the board of directors at shipping and logistics provider Matson, Inc.
  • I look forward to Tom's expanded contributions as Board Chair and to seeing continued growth and development of our committees under his leadership," said William A. Furman, outgoing Executive Chair.

Easterseals Hawaii Marks 75 Years of Valuable Community Service

Retrieved on: 
Friday, July 22, 2022
Family, Education, Philanthropy, Consumer, Other Philanthropy, Children, Other Education, Disability in Canada, Disability, CEO, Work, Matson, First Hawaiian Bank, Adult, Health insurance, Medicine, Easterseals (U.S.)

Easterseals Hawaii (ESH) celebrated its 75th anniversary to honor 75 years of service benefiting people with disabilities and their families, as well as the local businesses and the broader Hawaii community who have supported the organization.

Key Points: 
  • Easterseals Hawaii (ESH) celebrated its 75th anniversary to honor 75 years of service benefiting people with disabilities and their families, as well as the local businesses and the broader Hawaii community who have supported the organization.
  • Every year brings new challenges and opportunities for individuals with disabilities and their families, and just as weve done for the past 75 years, Easterseals Hawaii will be here to support them for the next 75.
  • As part of this memorable evening, the ESH Board of Directors presented Matson with the second Easterseals Hawaii Kahiau Award.
  • Having joined the Easterseals National network of affiliates in 1947, Easterseals Hawaii has been serving special needs children, youth and adults for 75 years.