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Store Closing Sales Commence Across Conn's HomePlus and Badcock Home Furniture & More Locations
Prnewswire· 2024-07-26 00:00
文章核心观点 - Conn's HomePlus和Badcock Home Furniture & more正在全面清仓,在线上和线下商品均有30-50%的初始折扣 [2] - 此次清仓由B. Riley Retail Solutions, LLC负责管理,涉及550多家门店 [3] - 消费者可以以大幅折扣购买到各种家具、家电、电子产品等知名品牌商品 [4][5] - 这是一次难得的机会,所有商品都必须售出 [6][7] 公司信息 - Conn's HomePlus和Badcock Home Furniture & more是家居用品的主要零售商,已经服务了100多年的忠实客户 [6] - B. Riley Retail Solutions, LLC是资产处置服务的领先提供商,专门从事大规模零售清算业务,是B. Riley Financial (Nasdaq: RILY)的子公司 [10] 销售细节 - 所有销售都是最终销售,不接受退货和换货 [8] - 消费者可以通过线上和线下渠道参与此次清仓活动 [9]
B. Riley Securities to Host Consumer and TMT Conference in New York on September 12, 2024
Prnewswire· 2024-07-17 20:31
NEW YORK, July 17, 2024 /PRNewswire/ -- B. Riley Securities, a leading middle market brokerage and investment bank, and subsidiary of B. Riley Financial (Nasdaq: RILY) ("B. Riley"), today announced it will host its 7th Annual Consumer and TMT Conference on Thursday, September 12, 2024 in New York.This one-day event features select small and mid-cap public companies across consumer, technology, media, and telecom verticals, ranging from Aerospace & Defense, Communications, Consumer Products, Electronic Compo ...
B. Riley Financial Acquires Interface Consulting International
Prnewswire· 2024-07-08 19:30
Adds Industry-Leading Team of Consultants to B. Riley Advisory Services, Enhances Platform's Continuum of Professional ServicesLOS ANGELES and HOUSTON, July 8, 2024 /PRNewswire/ -- B. Riley Financial, Inc. (Nasdaq: RILY) ("B. Riley") today announced it has acquired the assets of Interface Consulting International, Inc. ("Interface Consulting"), a leading engineering and construction consulting and expert services firm. Interface Consulting specializes in troubled projects, from providing in-depth analysis a ...
Synchronoss Technologies Significantly Improves Capital Structure Through Discounted Retirement of Series B Preferred and Reduction in Senior Note Obligation
Newsfilter· 2024-06-28 21:00
$75.0 Million Financing Proceeds to be Used for Repurchase of All Outstanding Shares of Series B Preferred and Repurchase of Approximately $19.7 Million of Senior Notes at a Discount to Face Value Combined Transactions Expected to Result in a $7.3 Million Improvement to Capital Structure Plus Approximately $10.6 Million in Pre-Tax Cost Savings BRIDGEWATER, N.J., June 28, 2024 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. ("Synchronoss" or the "Company") (NASDAQ:SNCR), a global leader and innovator in p ...
NASDAQ: RILY Lawsuit Alert: Investors who lost money with B. Riley Financial, Inc. (NASDAQ: RILY) shares should contact the Shareholders Foundation
GlobeNewswire News Room· 2024-06-18 01:15
SAN DIEGO, June 17, 2024 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in NASDAQ: RILY shares. Investors who purchased shares of B. Riley Financial, Inc. (NASDAQ: RILY) prior to May2023 and continue to hold any of those NASDAQ: RILY shares have also certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. Franchise Group, Inc. ("FRG") is a holding company which acquires and ...
B. Riley: Unsustainable Profitability And Eroding Net Asset Value
Seeking Alpha· 2024-06-16 21:14
Sergey Dementyev/iStock via Getty Images Performance Assessment In my last coverage of B. Riley (NASDAQ:RILY) on Feb 18, 2024, I had issued a 'Strong Sell' rating. But shortly after, as I noticed a short squeeze was beginning, I updated my stance on Feb 27, 2024 to a 'Neutral/Hold', communicating this in a pinned comment: Pinned Comment from Author's Last RILY Article (Author's Last RILY Article's Comment Section, Seeking Alpha) From Feb 18 2024 to Feb 27 2024, RILY delivered a total shareholder return of - ...
Elev8 New Media Returns as a Sponsor for B. Riley Securities Institutional Investor Conference
Newsfilter· 2024-05-20 22:47
LOS ANGELES, May 20, 2024 (GLOBE NEWSWIRE) -- Elev8 New Media ("Elev8"), an award-winning boutique public and media relations firm specializing in securing earned media and press coverage for its client companies, today announced its participation as a sponsor of the 2024 B. Riley Securities Institutional Investor Conference, held at The Beverly Hilton in Beverly Hills, California, from May 22-23, 2024. B. Riley's premier West Coast event gathers 200 public and privately held companies across a range of ind ...
B. Riley Financial(RILY) - 2024 Q1 - Earnings Call Transcript
2024-05-16 07:26
财务数据和关键指标变化 - 公司在第一季度实现总收入3.43亿美元,净亏损5100万美元,主要受到约5900万美元的投资相关损失和审计调查费用的影响 [25] - 剔除投资损益,公司第一季度营业收入为3.79亿美元,同比下降2.6% [27] - 服务和费用收入增长9%至2.57亿美元,但贷款和证券借贷利息收入下降22%至6000万美元,主要由于贷款规模的减少 [27][28] - 公司第一季度营业调整EBITDA为6600万美元,同比下降25% [29] 各条业务线数据和关键指标变化 - 资本市场业务收入有所下降,但B. Riley证券的交易费收入同比增加 [36] - 财富管理业务收入增长至5200万美元,超过去年同期和上一季度,经营利润也有所改善 [37] - 拍卖和清算业务收入为580万美元,经营利润200万美元 [38] - 财务咨询业务收入增长40%至3500万美元,经营利润增长62%至610万美元,主要受益于收购Farber和Crawford & Winiarski公司 [39] - 通讯业务保持稳定,收入8200万美元,经营利润800万美元 [40] - 消费品业务受PC和笔记本电脑销售疲软影响,亏损300万美元 [41] 各个市场数据和关键指标变化 - 公司在欧洲市场拓展稳定,有多个新的业务机会正在洽谈 [38] 公司战略和发展方向及行业竞争 - 公司将继续专注于小型和中型企业市场,认为这一领域的机会依然很大 [20] - 公司正在考虑出售Great American业务,以集中资源发展其他更有潜力的业务 [69][70] - 公司认为Targus和Franchise Group等业务虽然短期受到宏观环境影响,但长期前景良好,将继续支持管理团队 [73][74][76] - 公司看好未来3-4年资本市场的发展机会,认为自身已做好准备 [57][58][59] 管理层对经营环境和未来前景的评论 - 管理层认为第一季度业绩反映了一个非常不寻常的时期,但公司的核心业务保持良好 [9][10][11] - 管理层对公司的财务实力和未来发展前景保持乐观,将继续专注于为客户和股东创造价值 [20][55][80] 问答环节重要的提问和回答 问题1 **Sean Haydon 提问** 询问消费品业务收入中存在4000万美元的差异,以及通讯业务毛利率下降的原因 [45][50] **Bryant Riley 和 Phillip Ahn 回答** 公司将就消费品业务收入差异进一步核实,通讯业务毛利率下降主要由于Lingo和BullsEye业务拖累 [48][51][53] 问题2 **Paul Dwyer 提问** 询问Great American业务出售的时间安排以及其他非核心资产出售的计划 [69][70] **Bryant Riley 回答** 公司正在评估Great American业务的出售,预计在第三季度初做出决定,同时也在考虑出售一些品牌资产等其他非核心业务 [70][71][73] 问题3 **Robert Heimowitz 提问** 询问未来如何平衡支付债券和派发股息 [89][90][93][94] **Bryant Riley 回答** 公司将依靠稳定的经营EBITDA来支付债券利息和股息,必要时也会考虑出售一些资产来偿还债务,但不会为此而大幅削减股息
B. Riley Financial(RILY) - 2024 Q1 - Quarterly Report
2024-05-16 05:19
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 Or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-37503 B. RILEY FINANCIAL, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 27-0223495 (Sta ...
B. Riley Financial(RILY) - 2024 Q1 - Quarterly Results
2024-05-16 04:10
Exhibit 99.1 B. Riley Financial Files 2023 Annual Report on Form 10-K ● Audit Committee Independent Legal Counsel, Winston & Strawn LLP, Completes Investigation of Relationship Between the Company and Brian Kahn ● Independent Investigation Reaches Same Conclusion of Prior Internal Review Conducted by Sullivan & Cromwell LLP LOS ANGELES, April 24, 2024 – B. Riley Financial, Inc. (NASDAQ: RILY) (“B. Riley” or the “Company”), a diversified financial services platform, today announced the filing of its Annual R ...