Roundy's Reports its Q2 2015 Financial Results



Roundy's Reports its Q2 2015 Financial Results


MILWAUKEE, WI - Shares for Roundy’s Inc. have jumped over 4 percent in after-hours trading following its better-than-expected Q2 2015 financial report. 

Bob Mariano, CEO and Chairman, Roundy'sBob Mariano, CEO and Chairman, Roundy's

"During the second quarter of 2015, we exceeded our net sales and same-store sales targets and we achieved our EBITDA target for the quarter," said Bob Mariano, Chairman, President and CEO of Roundy's. "We remain committed to achieving sustainable top-line growth by strengthening our brands in Wisconsin and expanding our growth banner, Mariano's, in Illinois. Our Mariano's banner celebrated its five-year anniversary with the opening of our 32nd Mariano's store in June.”

Mariano's. Photo Credited to Popai.Mariano's. Photo Credited to Popai.

Net sales from continuing operations for the second quarter of 2015 were $998.3 million, an increase of $55.4 million, or 5.9%, from $942.9 million for the second quarter of 2014. According to Benzinga Financial News, however, analysts were expecting a loss of $0.04 per share on revenue of $984.4 million.

Other highlights from Roundy’s report include:

  • Net loss from continuing operations was $1.4 million, or $0.03 diluted net loss per common share, compared to net loss from continuing operations of $5.0 million, or $0.10 diluted net loss per common share
  • Adjusted net loss from continuing operations2 was $1.1 million, or $0.02 adjusted diluted net loss per common share, compared to adjusted net loss from continuing operations of $1.2 million, or $0.03 adjusted diluted net loss per common share
  • Adjusted EBITDA from continuing operations was $30.1 million compared to $28.2 million 

Roundy's Last 1 Month of Share Prices According to Google Finance.Roundy's Last 1 Month of Share Prices According to Google Finance.

As of 4:10 PM PST, Roundy’s shares climbed over 4.5 percent to $2.94 in the after-hours trading session.

Roundy's