Core-Mark Announces First Quarter 2018 Financial Results
Core-Mark Holding Company, Inc. (CORE)
Last core-mark holding company, inc. earnings: 3/2 06:00 am
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US:NASDAQ Investor Relations:
ir.core-mark.com/investors
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Source: GlobeNewswire
Net Sales Increased 8.6% to $3.8 BillionNon-Cigarette Sales Increased 24.7% Net Loss of $1.3 Million (GAAP); Adjusted EBITDA(1) increased 24%, to $24.3 MillionReaffirms 2018 GuidanceAnnounced $0.10 Dividend Payable June 15, 2018 SOUTH SAN FRANCISCO, Calif., May 08, 2018 (GLOBE NEWSWIRE) -- Core-Mark Holding Company, Inc. (NASDAQ:CORE) ("the Company"), one of the largest marketers of fresh and broad-line supply solutions to the convenience retail industry in North America, announced financial results for the first quarter ended March 31, 2018. “Core-Mark continues to make good progress in growing our non-cigarette sales, but a steeper decline in carton sales and a soft retail sales environment have presented challenges,” said Thomas B. Perkins, Chief Executive Officer. “I have complete confidence in this company’s and the industry’s ability to rebound from these current headwinds.” “We remain focused on leveraging operating efficiency, and growing sales to new and existing cust
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