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Core-Mark Holding Company Inc (CORE.OQ)

CORE.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Core-Mark reports third quarter financial results
Tuesday, 6 Nov 2018 08:30am EST 

Nov 6 (Reuters) - Core-Mark Holding Company Inc ::CORE-MARK ANNOUNCES THIRD QUARTER 2018 FINANCIAL RESULTS.Q3 NON-GAAP EARNINGS PER SHARE $0.63 EXCLUDING ITEMS.Q3 EARNINGS PER SHARE $0.51.Q3 SALES $4.27 BILLION VERSUS I/B/E/S VIEW $4.46 BILLION.Q3 EARNINGS PER SHARE VIEW $0.45 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 SALES $16.2 BILLION TO $16.4 BILLION.SAYS FY 2018 EPS ESTIMATED TO BE BETWEEN $0.88 AND $0.96 COMPARED TO PRIOR EXPECTATIONS OF $0.84 TO $1.00.CORE-MARK HOLDING COMPANY - FY 2018 EPS EXCLUDING LIFO EXPENSE EXPECTED TO BE BETWEEN $1.31 AND $1.40 COMPARED TO PRIOR EXPECTATIONS OF $1.13 TO $1.29.  Full Article

Core-Mark Announces Retirement Of CEO Thomas B. Perkins
Thursday, 1 Mar 2018 08:35am EST 

March 1 (Reuters) - Core-Mark Holding Company Inc ::CORE-MARK ANNOUNCES RETIREMENT OF CEO THOMAS B. PERKINS; BOARD OF DIRECTORS APPOINTS CURRENT PRESIDENT AND COO SCOTT E. MCPHERSON TO FILL CEO ROLE EFFECTIVE JUNE 30TH.CORE-MARK HOLDING COMPANY INC - ‍PERKINS WILL ALSO STEP DOWN FROM BOARD OF DIRECTORS​.  Full Article

Core-Mark Q4 Non-GAAP EPS $0.33 Excluding Items
Thursday, 1 Mar 2018 08:30am EST 

March 1 (Reuters) - Core-Mark Holding Company Inc ::CORE-MARK ANNOUNCES 2017 FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS; RE-AFFIRMS 2018 FULL YEAR GUIDANCE.SEES FY 2018 EARNINGS PER SHARE $0.84 TO $1.00.Q4 NON-GAAP EARNINGS PER SHARE $0.33 EXCLUDING ITEMS.Q4 EARNINGS PER SHARE $0.23.SEES FY 2018 SALES $16.6 BILLION TO $16.8 BILLION.Q4 SALES ROSE 6.1 PERCENT TO $4.1 BILLION.CORE-MARK HOLDING COMPANY-BOTH CIGARETTE AND NON-CIGARETTE SALES IN Q4 IMPACTED, ON COMPARATIVE BASIS, BY SOFT CONVENIENCE INDUSTRY SALES ENVIRONMENT.Q4 EARNINGS PER SHARE VIEW $0.29, REVENUE VIEW $4.10 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $1.21, REVENUE VIEW $16.64 BILLION -- THOMSON REUTERS I/B/E/S."FINANCIAL PERFORMANCE, HOWEVER, DID NOT MEET OUR EXPECTATIONS".  Full Article

Core-Mark Updates 2017 Outlook And Provides 2018 Guidance
Friday, 5 Jan 2018 08:30am EST 

Jan 5 (Reuters) - Core-Mark Holding Company Inc ::FY2017 EARNINGS PER SHARE VIEW $1.19, REVENUE VIEW $15.77 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 REVENUE VIEW $16.90 BILLION -- THOMSON REUTERS I/B/E/S.- CAPITAL EXPENDITURES FOR 2018 ARE EXPECTED TO BE APPROXIMATELY $30 MILLION.CORE-MARK HOLDING COMPANY - FOR 2017, EXPECTS DILUTED EPS, EXCLUDING LIFO EXPENSE (NON-GAAP), TO BE REPORTED BETWEEN $0.94 AND $1.01/DILUTED SHARE.CORE-MARK UPDATES 2017 OUTLOOK AND PROVIDES 2018 GUIDANCE.SEES FY 2018 SALES $16.6 BILLION TO $16.8 BILLION.SEES FY 2017 SALES $15.7 BILLION.SEES FY 2017 EARNINGS PER SHARE $0.66 TO $0.73.CORE-MARK HOLDING COMPANY - ESTIMATES TAX BENEFIT BETWEEN $8 MILLION AND $10 MILLION, OR $0.17 TO $0.21 PER DILUTED SHARE FOR 2017.- DILUTED EARNINGS PER-SHARE FOR FULL YEAR 2018 ARE EXPECTED TO BE BETWEEN $0.84 AND $1.00.CORE-MARK HOLDING COMPANY - ‍ KEY ASSUMPTIONS FOR UPDATED PROJECTIONS ARE EXPECTED TAX RATE OF 36.0%, $20 MILLION IN LIFO EXPENSE,.FY2018 EARNINGS PER SHARE VIEW $1.40 -- THOMSON REUTERS I/B/E/S.CORE-MARK - ‍EXPECTS TO REALIZE A NON-CASH PENSION SETTLEMENT CHARGE OF ABOUT $18 MILLION IN Q4 OF 2017 RELATED TO TERMINATION OF ITS LEGACY PENSION PLAN.- SEES 2018 DILUTED PER-SHARE EXCLUDING LIFO EXPENSE BETWEEN $1.13 AND $1.29.CORE-MARK - 2018 ‍EPS ESTIMATES ASSUME A TAX RATE OF 25 PERCENT BASED ON PRELIMINARY ASSESSMENT OF NEW TAX LEGISLATION ‍​.  Full Article

Core-Mark Q3 non-gaap EPS $0.37 excluding items
Tuesday, 7 Nov 2017 08:30am EST 

Nov 7 (Reuters) - Core-mark Holding Company Inc ::Core-Mark announces third quarter 2017 financial results.Q3 non-gaap earnings per share $0.37 excluding items.Q3 sales $4.3 billion versus I/B/E/S view $4.3 billion.Q3 earnings per share view $0.44 -- Thomson Reuters I/B/E/S.Says ‍annual net sales for 2017 are expected to be between $15.7 billion and $15.8 billion​.Says ‍company expects adjusted EBITDA to be between $152 million and $156 million for fy17​.Core-Mark Holding Company Inc - ‍diluted earnings per share for 2017 are estimated to be between $0.93 and $0.97​.Core-Mark Holding Company Inc- ‍capital expenditure estimates for 2017 are expected to be approximately $50 million​.Fy2017 earnings per share view $1.24, revenue view $15.71 billion -- Thomson Reuters I/B/E/S.Core-Mark Holding Company - ‍dividend increased to $0.10 per share quarterly​.Core-Mark Holding Company - qtrly ‍diluted eps excluding lifo expense, a non-gaap financial measure, were $0.37​.Core-Mark Holding Company - qtrly ‍diluted eps $0.29​.  Full Article

Core-Mark says ‍Scott McPherson to be COO effective Oct 1​
Wednesday, 27 Sep 2017 08:30am EDT 

Sept 27 (Reuters) - Core-Mark Holding Company Inc :Core-Mark announces changes to senior management team.Core-Mark Holding Company Inc - ‍Scott McPherson, senior vice president of business operations & strategic opportunities, to be COO effective Oct 1​.  Full Article

Core-Mark announces new $40 mln share repurchase program
Monday, 28 Aug 2017 08:30am EDT 

Aug 28 (Reuters) - Core-Mark Holding Company Inc ::Core-Mark announces a new $40 million share repurchase program.Core-Mark Holding Company Inc- ‍board of directors has authorized company to repurchase up to $40 million of company's common stock​.  Full Article

Core-Mark Holding Company Inc - qtrly earnings per share ‍$0.15​
Tuesday, 8 Aug 2017 08:00am EDT 

Aug 8 (Reuters) - Core-mark Holding Company Inc :Core-Mark Holding Company Inc - ‍q2 sales of $3.8 billion, a 3.1% increase​.Core-Mark Holding Company Inc - ‍guidance for 2017 revised​.Core-Mark Holding Company Inc - qtrly earnings per share ‍$0.15​.Q2 non-gaap earnings per share $0.21 excluding items.Q2 non-gaap earnings per share $0.21 excluding items.Core-Mark holding company inc - ‍capital expenditure estimates for 2017 are expected to be approximately $50 million​.Core-Mark holding company inc - ‍estimates 2017 net sales in range of approximately $15.6 billion to $15.8 billion​.Core-Mark holding company inc - 2017 ‍diluted earnings per share are estimated to be between $0.96 to $1.03​.Core-Mark holding company inc - 2017 ‍diluted earnings per share are estimated to be $1.20 to $1.27​.  Full Article

Core-Mark announces completion of Farner-Bocken acquisition
Tuesday, 11 Jul 2017 08:30am EDT 

July 11 (Reuters) - Core-Mark Holding Company Inc :Core-Mark announces completion of Farner-Bocken acquisition.  Full Article

Core-Mark signs definitive agreement to purchase Farner-Bocken company
Monday, 22 May 2017 08:30am EDT 

May 22 (Reuters) - Core-Mark Holding Company Inc : :Core-Mark signs definitive agreement to purchase farner-bocken company.Core-Mark Holding Company Inc - purchase price is estimated to be approximately $190 million.Core-Mark Holding Company Inc - entered into definitive asset purchase agreement to acquire substantially all of assets of Farner-Bocken company.Core-Mark Holding Company Inc - no debt or significant liabilities are being assumed by core-mark in transaction.Core-Mark Holding Company Inc - Core-Mark will fund purchase with borrowings under its credit facility.Core-Mark Holding Company Inc says acquisition is expected to be accretive within first year following closing.  Full Article