Asbury Automotive Group, The Buckle, Sportsmans Warehouse, Papa John’s International and eBay

putri titian

For Immediate Release

Chicago, IL – June 18, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Asbury Automotive Group, Inc. ABG, The Buckle, Inc. BKE, Sportsmans Warehouse Holdings, Inc. SPWH, Papa John’s International, Inc. PZZA and eBay Inc. EBAY.

Here are highlights from Wednesday’s Analyst Blog:

Record Retail Sales Lift Hopes of V-Shaped Recovery: 5 Picks

U.S. shoppers took to shopping malls and auto dealerships in May as states are gradually easing restrictions on business activity that were put in place to curb the spread of the novel coronavirus.

Sales at U.S. retailers that measure purchases at stores, restaurants and online, rose 17.7% last month, the biggest monthly jump ever. May’s retail sales figure topped the record 6.7% jump

Read More

Avis Budget Group, Inc. (CAR) Stock Price, Quote, History & News

putri titian

Bloomberg

(Bloomberg) — Rental-car companies struggling to survive the coronavirus pandemic’s catastrophic blow to their business have been working with automakers to call off purchases, in some cases even redirecting vehicles in transit to their now largely neglected parking lots.General Motors Co. is taking back cars it agreed to sell that were on their way to Hertz Global Holdings Inc., Avis Budget Group Inc. and closely held Enterprise Holdings Inc., a spokesman said. Hyundai Motor Co. also confirmed it has redirected some vehicles to its retailers that it was planning to produce for fleet customers.Early last month, Fiat Chrysler Automobiles NV compiled a list of almost 30,000 vehicles the rental-car companies had purchased and circulated it to other prospective fleet customers, according to a person who shared the document with Bloomberg News. The attempt to transfer any of the cars to other customers ultimately fell through for logistical reasons, a

Read More

Avia Solutions Group Donates $2M for COVID-19 Vaccine Transportation

putri titian

“Being one of the biggest aviation services group and a socially responsible humanitarian flights provider, we decided to solidarize with other large global companies. We have sent an official offer of $2M worth flight budget to the World Health Organization with an aim to help combat COVID-19. The support money shall be dedicated to transporting COVID-19 vaccines to highly infected places using the company’s aircraft fleet – Dornier 228, Boeing 747-400F, B737-400F and Airbus A321,” says Mr. Vygaudas Usackas, Ambassador and Member of the Board of Directors of Avia Solutions Group.

Avia Solutions Group is the biggest integrated aviation service provider in the world with up to 50% of its flights being humanitarian. The company currently controls the operations of Chapman Freeborn, Bluebird Nordic and Avion Express, which together achieve around 10 000 flight hours per month performing medical aid flights, repatriation, United Nations World Food Programme missions and other

Read More

CAR Stock Price | Avis Budget Group Inc. Stock Quote (U.S.: Nasdaq)

putri titian




Avis stock rallies as company expects still-strong Q1 sales

Shares of Avis Budget Group Inc. rose more than 7% in the extended session Wednesday after the rental-car company said it expects first-quarter sales modestly below consensus, thanks to a busy January and February. Avis said it expects first-quarter sales between $1.7 billion and $1.8 billion, and a GAAP net loss between $155 million and $165 million for the quarter. It called for adjusted loss between $85 million and $95 million, which would compare with an adjusted loss of $1 million in the first quarter of 2019. Analysts polled by FactSet expect the car-rental company to report an adjusted loss of $1.57 a share on sales of $1.9 billion in the quarter. The company said its January and February sales were “exceptionally strong” and that 2020 had potential to be a record year before the mid-March

Read More