Hertz Taps Retail Chief Stone as New CEO [TheStreet.com]
Hertz Global Holdings, Inc (HTZ)
Last hertz global holdings, inc earnings: 2/24 04:05 pm
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Source: TheStreet.com
Hertz Global(HTZGet ReportStone had been Hertz's executive vice president and chief retail operations officer.He previously worked at the Sam's Club division of Walmart.WMThad taken the CEO's jobThe company last week expressed "substantial doubt" that it could continue as a going concern, as it struggles with losses inflicted by the coronavirus pandemic."If our business does not recover quickly and we are unable to successfully restructure our substantial indebtedness, obtain further waivers or forbearance or raise additional capital, there is substantial doubt that we will be able to continue as a going concern," the company said in a Securities and Exchange Commission filing.The company had total debt of $18.75 billion as of March 31 and said its lenders had extended the deadline for certain loan repayments to May 22.Last week, it reported that its first-quarter loss widened to $356 million, or $2.50 a share, from $147 million, or $1.54, in the year-earlier quarter. Revenue slid to
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HTZ
Earnings
- 4/25/24 - Miss
HTZ
Sec Filings
- 4/22/24 - Form 8-K
- 4/9/24 - Form ARS
- 4/9/24 - Form DEFA14A
- HTZ's page on the SEC website