Capital Senior Living Corporation Reports 2019 First Quarter Results
Capital Senior Living Corporation (CSU)
Last capital senior living corporation earnings: 11/7 05:00 am
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US:NYSE Investor Relations:
capitalsenior.com/investor-relations
Company Research
Source: GlobeNewswire
DALLAS, May 09, 2019 (GLOBE NEWSWIRE) -- Capital Senior Living Corporation (the “Company”) (NYSE: CSU), one of the nation’s largest operators of senior housing communities, announced today operating and financial results for the first quarter ended March 31, 2019. “While there is still much work to do as we continue to execute our Stabilize, Invest, Nurture and Grow strategy, we are encouraged by the emerging signs of operational stability indicated by our first quarter results. In what is typically the most challenging quarter of the year, our consolidated occupancy, NOI and NOI margin remained consistent with the fourth quarter of 2018, suggesting that our recent initiatives are taking hold and our operations are stabilizing. During the first quarter, we took several steps to improve our operational execution. We changed our structure and personnel in operations, sales and marketing; implemented several elements of our people strategy; expanded our centralized purchasing plat
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