MATX

MATSON TO PARTICIPATE AT STIFEL 2024 TRANSPORTATION & LOGISTICS CONFERENCE

Retrieved on: 
Wednesday, February 7, 2024

Key Points: 
  • HONOLULU, Hawaii, Feb. 7, 2024 /PRNewswire/ -- Matson, Inc. (NYSE: MATX) announced today that Matt Cox, Chairman and Chief Executive Officer, and Joel Wine, Executive Vice President and Chief Financial Officer, will be attending the Stifel 2024 Transportation & Logistics Conference to be held on February 14, 2024 in Miami, Florida.
  • Matson will provide access to the presentation slides on its website on February 14, 2024.
  • Access to the slides will be available on www.matson.com , under Investors.

MATSON ANNOUNCES PRELIMINARY 4Q23 RESULTS, PROVIDES BUSINESS UPDATE AND ANNOUNCES 4Q23 EARNINGS CALL DATE

Retrieved on: 
Thursday, January 18, 2024

Expects 4Q23 net income and diluted EPS to be $57.7 to $62.2 million and $1.65 to $1.78, respectively

Key Points: 
  • Expects 4Q23 net income and diluted EPS to be $57.7 to $62.2 million and $1.65 to $1.78, respectively
    Announces fourth quarter earnings call date on February 20, 2024
    HONOLULU, Hawaii, Jan. 18, 2024 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX) today announces preliminary fourth quarter financial results, provides a business update and announces that its fourth quarter earnings call will be held on February 20, 2024.
  • "Matson's Ocean Transportation and Logistics business segments performed well in the fourth quarter, capping off a solid year for both business segments" said Chairman and Chief Executive Officer Matt Cox.
  • The year-over-year volume declines in Hawaii and Alaska were primarily due to lower general demand and lower seafood volume, respectively.
  • (3)
    During the fourth quarter of 2023, Matson repurchased approximately 0.5 million shares for a total cost of $47.9 million.

MATSON TO PARTICIPATE AT STEPHENS 2023 ANNUAL INVESTMENT CONFERENCE

Retrieved on: 
Tuesday, November 7, 2023

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.

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

Retrieved on: 
Monday, October 23, 2023

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

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

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

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

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

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.

MATSON TO PARTICIPATE AT STEPHENS 2022 ANNUAL INVESTMENT CONFERENCE

Retrieved on: 
Tuesday, November 8, 2022

HONOLULU, Nov. 8, 2022 /PRNewswire/ -- Matson, Inc. (NYSE: MATX) announced today that Matt Cox, Chairman and Chief Executive Officer, and Joel Wine, Executive Vice President and Chief Financial Officer, will present an overview of the Company and respond to questions at the Stephens 2022 Annual Investment Conference to be held on November 15, 2022 in Nashville, Tennessee.

Key Points: 
  • HONOLULU, Nov. 8, 2022 /PRNewswire/ -- Matson, Inc. (NYSE: MATX) announced today that Matt Cox, Chairman and Chief Executive Officer, and Joel Wine, Executive Vice President and Chief Financial Officer, will present an overview of the Company and respond to questions at the Stephens 2022 Annual Investment Conference to be held on November 15, 2022 in Nashville, Tennessee.
  • Matson will provide access to the presentation slides on its website on November 15, 2022.
  • Founded in 1882, Matson (NYSE: MATX) is a leading provider of ocean transportation and logistics services.
  • Matson provides a vital lifeline to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, and to other island economies in Micronesia.