Office Products

Zenex International Announces Addition of Allen Price to the Aerosol Technical Team

Retrieved on: 
Thursday, February 1, 2024

Zenex International, a leading provider of private label aerosol, hand soaps, and liquid product solutions for industrial, automotive, janitorial, and screen-printing applications, announced the addition of Allen Price II as Product Category Manager, Aerosols.

Key Points: 
  • Zenex International, a leading provider of private label aerosol, hand soaps, and liquid product solutions for industrial, automotive, janitorial, and screen-printing applications, announced the addition of Allen Price II as Product Category Manager, Aerosols.
  • In his new role, Price will serve as the key technical point of contact with vendor partners, spearhead new product development efforts, and provide expertise on regulatory and quality control related matters for the organization.
  • “We are excited to have Allen join our technical team,” states Matthew Lyons, Vice President of Innovation and Technology.
  • Price earned a Master of Science degree from the University of West Florida.

Cimpress Reports Second Quarter Fiscal Year 2024 Financial Results

Retrieved on: 
Wednesday, January 31, 2024

Cimpress plc (Nasdaq: CMPR) has posted on its investor relations website at ir.cimpress.com its financial results for the second quarter of fiscal year 2024, in a PDF file called "Q2 Fiscal Year 2024 Quarterly Earnings Document," along with an accompanying spreadsheet with historical financial results and operating metrics.

Key Points: 
  • Cimpress plc (Nasdaq: CMPR) has posted on its investor relations website at ir.cimpress.com its financial results for the second quarter of fiscal year 2024, in a PDF file called "Q2 Fiscal Year 2024 Quarterly Earnings Document," along with an accompanying spreadsheet with historical financial results and operating metrics.
  • As previously announced, Cimpress will host a public Q&A session tomorrow, Thursday, February 1, 2024 at 8:00 am ET.
  • The live audio event will be accessible on ir.cimpress.com/news-and-events/events , and a replay will be available at the same link following the call.
  • We will take live questions via chat, and investors may also presubmit questions any time before 11:00 pm ET on January 31, 2024, by emailing [email protected] .

Imperial Dade Acquires Allston Supply Co., Inc. Expands Coverage in New England

Retrieved on: 
Thursday, February 1, 2024

Imperial Dade, a leading North American distributor of foodservice packaging supplies, industrial products, and janitorial supplies, today announced the acquisition of Allston Supply Co., Inc (“Allston” or the “Company”).

Key Points: 
  • Imperial Dade, a leading North American distributor of foodservice packaging supplies, industrial products, and janitorial supplies, today announced the acquisition of Allston Supply Co., Inc (“Allston” or the “Company”).
  • The transaction represents the 79th acquisition for Imperial Dade under the leadership of Robert and Jason Tillis, Chairman and CEO of Imperial Dade, respectively.
  • "On behalf of Imperial Dade, we enthusiastically welcome the Allston family in this next chapter of great profitable growth," said Robert Tillis.
  • Allston is excited for the opportunity to expand our business and better serve our customers as part of the Imperial Dade platform,” said Roger Cohen, Owner of Allston Supply Co., Inc.

Imperial Dade Canada Adds Scale in Quebec, Acquires Les Produits Sanitaires Royal Net

Retrieved on: 
Thursday, February 1, 2024

Imperial Dade, a leading distributor of foodservice packaging, printing papers and janitorial supplies, today announced the acquisition of Les Produits Sanitaires Royal Net (“Royal Net” or the “Company”).

Key Points: 
  • Imperial Dade, a leading distributor of foodservice packaging, printing papers and janitorial supplies, today announced the acquisition of Les Produits Sanitaires Royal Net (“Royal Net” or the “Company”).
  • The transaction represents the 80th acquisition for Imperial Dade under the leadership of Robert and Jason Tillis, Chairman and CEO of Imperial Dade, respectively.
  • By leveraging Imperial Dade Canada’s market leading platform, Royal Net customers can expect the same exceptional customized service coupled with an even greater offering of products and solutions.
  • "I enthusiastically welcome the Royal Net family to Imperial Dade, this is yet another step in our journey to be the leading specialty distribution business in North America," said Jason Tillis, CEO of Imperial Dade.

The Container Store Group, Inc. Announces Third Quarter Fiscal 2023 Earnings Conference Call

Retrieved on: 
Wednesday, January 31, 2024

The Container Store Group, Inc. (NYSE: TCS) today announced that its third quarter fiscal 2023 financial results will be released after market close on Tuesday, February 6, 2024.

Key Points: 
  • The Container Store Group, Inc. (NYSE: TCS) today announced that its third quarter fiscal 2023 financial results will be released after market close on Tuesday, February 6, 2024.
  • The Company will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results.
  • This call will include both live, prepared remarks as well as a Q&A session.
  • A live audio webcast of the conference call will be available online at investor.containerstore.com .

ACCO Brands Corporation Announces Cost Reduction Program Targeting Annualized Pre-Tax Savings of at least $60 Million

Retrieved on: 
Tuesday, January 30, 2024

ACCO Brands Corporation (NYSE: ACCO) announces a multi-year restructuring and cost savings program, with anticipated annualized pre-tax cost savings of at least $60 million.

Key Points: 
  • ACCO Brands Corporation (NYSE: ACCO) announces a multi-year restructuring and cost savings program, with anticipated annualized pre-tax cost savings of at least $60 million.
  • As a result of these actions, the Company will improve its speed of execution and bring key leaders closer to the customers.
  • In connection with this program, the Company will file a Form 8-K with the SEC disclosing its restructuring charges.
  • The Company will provide additional details about the restructuring program during its upcoming fourth quarter and full year 2023 earnings call.

Over 60% of Retailers See Customer Satisfaction Spikes, With Costco, H-E-B, and Publix Leading the Way, ACSI Data Show

Retrieved on: 
Tuesday, January 30, 2024

Chewy's multichannel customer support also shines, and the site is a leader in this area amid a competitive field.

Key Points: 
  • Chewy's multichannel customer support also shines, and the site is a leader in this area amid a competitive field.
  • Macy’s and Costco top general merchandise retailers, but Target has its sights fixed on the leaders
    Customer satisfaction with general merchandise retailers climbs 3% to an ACSI score of 77.
  • Customer satisfaction with specialty retailers stays pat at an ACSI score of 79.
  • This study scores six retail industries — online retailers, general merchandise retailers, specialty retailers, drugstores, supermarkets, and gas stations — as well as consumer shipping and the U.S.

Skylight Launches 27-Inch Calendar Max, A Beautifully Designed, Large-Screen Smart Family Calendar

Retrieved on: 
Tuesday, January 30, 2024

Skylight , a company that connects loved ones through simple home products that improve family life, today announced the launch of Calendar Max (Cal Max), a 27-inch smart family calendar that helps busy families find clarity in the chaos of daily life.

Key Points: 
  • Skylight , a company that connects loved ones through simple home products that improve family life, today announced the launch of Calendar Max (Cal Max), a 27-inch smart family calendar that helps busy families find clarity in the chaos of daily life.
  • The device takes inspiration from upscale interior design rather than traditional tech and features rounded corners, a floating mount and the flexibility to be installed in either landscape or portrait orientations.
  • Cal Max is available for presale today on Skylight’s website starting at $599 and will begin shipping to customers this June.
  • We believe it will quickly become the gold standard of how organized families turn chaos into clarity,” said Michael Segal, founder & CEO of Skylight.

Walmart Announces 3-for-1 Stock Split

Retrieved on: 
Tuesday, January 30, 2024

Walmart Inc. (NYSE: WMT) announced that it will conduct a split of its outstanding shares of common stock at a ratio of 3:1.​ The stock split is part of Walmart’s ongoing review of optimal trading and spread levels and its desire for its associates to feel that purchasing shares is easily within reach.

Key Points: 
  • Walmart Inc. (NYSE: WMT) announced that it will conduct a split of its outstanding shares of common stock at a ratio of 3:1.​ The stock split is part of Walmart’s ongoing review of optimal trading and spread levels and its desire for its associates to feel that purchasing shares is easily within reach.
  • As part of the benefits provided to its associates, Walmart has had an Associate Stock Purchase Plan for almost 30 years.
  • Walmart's common stock will begin trading on a post-split basis at the market open on Monday, Feb. 26, 2024, under the company's existing trading symbol “WMT.” The stock split and final ratio were approved by Walmart's board.

  • The company expects that the stock split will increase the number of shares of Walmart’s outstanding common stock from approximately 2.7 billion shares to approximately 8.1 billion shares.

Avery Dennison Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, January 31, 2024

Avery Dennison Corporation (NYSE:AVY) today announced preliminary, unaudited results for its fourth quarter and full year ended December 30, 2023.

Key Points: 
  • Avery Dennison Corporation (NYSE:AVY) today announced preliminary, unaudited results for its fourth quarter and full year ended December 30, 2023.
  • “Earnings per share were in line with our expectations for the fourth quarter, increasing sequentially for the fourth consecutive quarter,” said Deon Stander, president and CEO.
  • The company’s reported effective tax rate was 29.0% in the fourth quarter and 27.6% for the full year.
  • In its supplemental presentation materials, “Fourth Quarter and Full Year 2023 Financial Review and Analysis,” the company provides a list of factors that it believes will contribute to its 2024 financial results.