Altria (MO)
CCO Charles Whitaker sold 22,487 shares of common stock at about $44 per share for a total of $989,428. Whitaker directly owns 173,485 shares of common stock.
Apple Hospitality REIT (APLE)
The hotel-focused real estate investment trust filed its quarterly earnings report for the first quarter 2024. The company reported a net income of $54 million for the period, a 64% increase compared to the net income of $32.9 million reported for the same period last year.
Atlantic Union Bankshares (AUB)
The parent of Atlantic Union Bank declared a quarterly dividend of $0.32 per share of common stock payable on June 7 to common shareholders of record as of May 24.
It also declared a quarterly dividend on the outstanding shares of its 6.875% Perpetual Non-Cumulative Preferred Stock, Series A. The dividend of $171.88 per share is payable on June 3 to holders of record as of May 20.
ARKO (ARKO)
The convenience store and gas station owner reported a loss of $594,000 for the first quarter, compared to a profit of $2.5 million in the same period last year. View the full earnings release here.
CarMax (KMX)
The used car retailer released its latest proxy statement, disclosing compensation packages paid last year to its top executives.
President and CEO William Nash received a total pay package of $12.3 million. He received a base salary of $1.2 million, $1.8 million in stock awards and $9.1 million in other incentives.
Click here and see page 44 for the full compensation table.
The proxy also announced the date of the company’s annual shareholders meeting, to be held June 25.
Hamilton Beach Brands (HBB)
The electrical products supplier reported an operating loss of $900,000 in its earnings report for the first quarter 2024. The company reported an operating loss of $5.1 million for the same period last year.
LL Flooring (LL)
The flooring retailer filed its annual proxy statement in which its announced the date of its annual shareholders meeting and disclosed the compensation packages paid to its top executives in 2023. The highest paid among them was CEO Charles Tyson, who received pay and perks totaling $1.87 million. That’s down from $2.03 million in 2022. The proxy can be found here.
The company will host its annual shareholders meeting on July 10 at 11 a.m. at its headquarters in Libbie Mill.
Markel (MKL)
The insurance underwriter reported a net income of $1 billion for the first quarter of 2024. For the same period last year, the company reported a net income of $537.8 million.
Medalist Diversified REIT (MDRR)
The commercial real estate-focused REIT filed its quarterly earnings report for the period that ended March 31. The company reported net income of $1.9 million for the quarter, compared to a loss of 1.2 million for the same period last year.
President and CEO Frank Kavanaugh bought 1,372 shares at about $6 per share for a total of about $8,200. Kavanaugh directly owns 317,459 shares of common stock.
Owens & Minor (OMI)
EVP Heath Galloway sold 4,083 shares at about $19.50 per share for a total of $79,600. Galloway directly owns 54,846 shares of common stock.
Performance Food Group (PFGC)
The Goochland-based foods distributor filed its earnings report for its third quarter of fiscal year 2024. The company reported net income of $70.4 million, a 12.3% decrease compared to net income from the same period the previous year.
Tredegar (TG)
The plastic and aluminum parts manufacturer reported a net income of $3.3 million for the quarter that ended March 31. The company reported a loss of $1 million for the same period in the first quarter of 2023.
Universal Corp. (UVV)
The tobacco company reported a net income of $44.8 million for the quarter that ended March 31, compared to an operating income of $24.5 million for the same period last year.
Altria (MO)
CCO Charles Whitaker sold 22,487 shares of common stock at about $44 per share for a total of $989,428. Whitaker directly owns 173,485 shares of common stock.
Apple Hospitality REIT (APLE)
The hotel-focused real estate investment trust filed its quarterly earnings report for the first quarter 2024. The company reported a net income of $54 million for the period, a 64% increase compared to the net income of $32.9 million reported for the same period last year.
Atlantic Union Bankshares (AUB)
The parent of Atlantic Union Bank declared a quarterly dividend of $0.32 per share of common stock payable on June 7 to common shareholders of record as of May 24.
It also declared a quarterly dividend on the outstanding shares of its 6.875% Perpetual Non-Cumulative Preferred Stock, Series A. The dividend of $171.88 per share is payable on June 3 to holders of record as of May 20.
ARKO (ARKO)
The convenience store and gas station owner reported a loss of $594,000 for the first quarter, compared to a profit of $2.5 million in the same period last year. View the full earnings release here.
CarMax (KMX)
The used car retailer released its latest proxy statement, disclosing compensation packages paid last year to its top executives.
President and CEO William Nash received a total pay package of $12.3 million. He received a base salary of $1.2 million, $1.8 million in stock awards and $9.1 million in other incentives.
Click here and see page 44 for the full compensation table.
The proxy also announced the date of the company’s annual shareholders meeting, to be held June 25.
Hamilton Beach Brands (HBB)
The electrical products supplier reported an operating loss of $900,000 in its earnings report for the first quarter 2024. The company reported an operating loss of $5.1 million for the same period last year.
LL Flooring (LL)
The flooring retailer filed its annual proxy statement in which its announced the date of its annual shareholders meeting and disclosed the compensation packages paid to its top executives in 2023. The highest paid among them was CEO Charles Tyson, who received pay and perks totaling $1.87 million. That’s down from $2.03 million in 2022. The proxy can be found here.
The company will host its annual shareholders meeting on July 10 at 11 a.m. at its headquarters in Libbie Mill.
Markel (MKL)
The insurance underwriter reported a net income of $1 billion for the first quarter of 2024. For the same period last year, the company reported a net income of $537.8 million.
Medalist Diversified REIT (MDRR)
The commercial real estate-focused REIT filed its quarterly earnings report for the period that ended March 31. The company reported net income of $1.9 million for the quarter, compared to a loss of 1.2 million for the same period last year.
President and CEO Frank Kavanaugh bought 1,372 shares at about $6 per share for a total of about $8,200. Kavanaugh directly owns 317,459 shares of common stock.
Owens & Minor (OMI)
EVP Heath Galloway sold 4,083 shares at about $19.50 per share for a total of $79,600. Galloway directly owns 54,846 shares of common stock.
Performance Food Group (PFGC)
The Goochland-based foods distributor filed its earnings report for its third quarter of fiscal year 2024. The company reported net income of $70.4 million, a 12.3% decrease compared to net income from the same period the previous year.
Tredegar (TG)
The plastic and aluminum parts manufacturer reported a net income of $3.3 million for the quarter that ended March 31. The company reported a loss of $1 million for the same period in the first quarter of 2023.
Universal Corp. (UVV)
The tobacco company reported a net income of $44.8 million for the quarter that ended March 31, compared to an operating income of $24.5 million for the same period last year.