US Foods Holding Guides FY16 Sales Above Street

US Foods Holding Guides FY16 Sales Above Street

US Foods Holding, a foodservice distributor in the United States, provided in a regulatory filing Friday guidance for fiscal 2016 sales just above Street estimates and Q4 sales in line with forecasts. The company said that it expects fiscal 2016 net sales to be $23 billion, a decrease of 0.6% from $23.1 billion in fiscal 2015. The Capital IQ consensus estimate is for $22.94 billion. FY16 net income is expected […]

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Upland Software Acquires Omtool

Upland Software Acquires Omtool

Upland Software, a manufacturer of enterprise work management software, said Wednesday it has acquired Omtool, an enterprise document capture, fax, and workflow provider, for $19.2 million. Upland expects the acquisition to be immediately accretive to its adjusted EBITDA per share and to generate approximately $11 million in revenue in 2017. Upland also said it expects total revenue and adjusted EBITDA for the quarter ended Dec. 31 to be at the […]

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Allscripts Affirms Q4 Guidance

Allscripts Affirms Q4 Guidance

Allscripts Healthcare Solutions, a healthcare information technology company, affirmed Q4 guidance provided in November. The company said in November it expected revenue between $420 million and $435 million,straddling the $421.2 million average estimate from analysts polled by Capital IQ, and adjusted earnings per share between $0.14 and $0.16, straddling the Street estimate of $0.15. The company initiated 2017 revenue guidance between $1.71 to $1.74 billion, topping the consensus of $1.69 […]

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Urban Outfitters Reports Improved Holiday Sales

Urban Outfitters Reports Improved Holiday Sales

Shares of Urban Outfitters were slumping pre-market Monday after the apparel retailer issued guidance warning about a gross margin deleverage while reporting improved sales over the winter holiday season. The company said net sales over the two months ended Dec. 31 were up 3% year-over-year, with comparable retail sales up 1.5%. Over the eleven months ended Dec. 31, total net sales were up 3%, with comparable retail sales and wholesale […]

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Staples Down 1%

Staples Down 1%

Staples is down 1% after the United States Postal Service said it will halt its services at Staples stores, which allowed private employees to provide postal services at the stores. The move is to comply with a National Labor Relations Board judge’s ruling. Staples said more than 500 of its stores would be dropped from the program, but Staples customers will still be able to ship goods through the company’s […]

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