Catalina Marketing reports higher fourth quarter earnings and fiscal year end results.ST. PETERSBURG Petersburg, city (1990 pop. 38,386), politically independent and in no county, SE Va., on the Appomattox River; inc. 1850. A port of entry and an important tobacco market, it has industries producing chemicals, pharmaceuticals, furniture, structural steel, lumber, , Fla.--(BUSINESS WIRE)--April 27, 1995--Catalina Marketing Corp. (NYSE NYSE See: New York Stock Exchange :POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale ) Thursday Thursday: see week. reported results for the fourth quarter and fiscal year ending March 31, 1995. Fiscal 1995 revenues were $113.3 million, up 24 percent from $91.4 million in fiscal 1994. Net income for the year increased 35 percent to $17.2 million, or $1.71 per share, compared with net income of $12.7 million, or $1.24 per share, a year ago. Fiscal 1995 net income reflects a $1.9 million pre-tax pre-tax adj → anterior al impuesto pre-tax adj → avant impôt(s) pre-tax adj → al lordo d'imposta charge associated with the formation of Health Resource Publishing Company (HRx). Fiscal 1994 net income reflects a $3.7 million pre-tax charge associated with the formation of Catalina Catalina may refer to: In geography:
CECS Co-operative Education & Career Services (University of Waterloo, Canada) CECS Computer Engineering and Computer Science CECS Center for Embedded Computer Systems ). Revenues for the fourth quarter of fiscal 1995 increased 14 percent to $30.8 million, up from $27.0 million in the same period a year ago. Net income was $3.5 million, or 36 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. compared with $2.8 million, or 27 cents per share, in the fourth quarter of fiscal 1994. Net income for the current quarter reflects a $1.9 million pre-tax charge associated with the formation of HRx, while net income for the same quarter of the previous year reflects a $2.6 million pre-tax charge relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the formation of CECS. "Catalina Marketing continued to make excellent progress on all fronts in fiscal 1995," said George George, river, c.345 mi (560 km) long, rising in a lake on the Quebec-Labrador boundary, E Canada. It flows N through Indian Lake (125 sq mi/324 sq km) to Ungava Bay (an arm of Hudson Strait). Off, president and chief executive officer. "We ended the year with an installed base of more than 9,000 stores nationwide reaching more than 120 million households each week. We recorded solid growth in the number of product category cycles sold to manufacturers, and we stepped up our expansion overseas, rolling out the network in Great Britain Great Britain, officially United Kingdom of Great Britain and Northern Ireland, constitutional monarchy (2005 est. pop. 60,441,000), 94,226 sq mi (244,044 sq km), on the British Isles, off W Europe. The country is often referred to simply as Britain. and Mexico Mexico, city, Mexico Mexico or Mexico City, Span. Ciudad de México (Méjico), city (1990 pop. 8,236,960; 1991 met. area est. 20,899,000), central Mexico, capital and largest city of Mexico. . "We also continued to leverage our proprietary network through new and expanded products, such as Checkout Direct(r) and Pay for Performance(sm), and through our new subsidiaries. CECS has successfully developed the electronic coupon clearing and data capture technology and is in the final stage of pilot tests in eight chains across the U.S. Our Health Resource Publishing subsidiary, introduced on Feb. 6, 1995, is making promising progress in ongoing pharmacy pharmacy, art of compounding and dispensing drugs and medication. The term is also applied to an establishment used for such purposes. Until modern times medication was prepared and dispensed by the physician himself. In the 18th cent. pilot tests in three supermarket chains and four drug store chains." Based in St. Petersburg, Fla., Catalina Marketing Corp. provides in-store electronic marketing programs for more than 130 consumer good companies, including Coca-Cola U.S.A., Kraft Foods Kraft Foods Inc. (NYSE: KFT) is the largest food and beverage company headquartered in North America and the second largest in the world after Nestlé SA. The Philip Morris Company (now known as Altria Group), a company that produces tobacco products, acquired Kraft for , Nestle Food Corp. and RJR Nabisco RJR Nabisco, Inc., was an American conglomerate formed in 1985 by the merger of Nabisco Brands and R.J. Reynolds Tobacco Company. RJR Nabisco was purchased in 1988 by Kohlberg Kravis Roberts & Co. in the second largest leveraged buyout in history, adjusted for inflation. . The Catalina Marketing(r) Network is installed in 112 retail grocery divisions across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , including such chains as American Stores American Stores was the name of a United States chain of supermarkets. It was formed in 1917 when Acme Markets merged with four other Philadelphia area grocery chains into American Stores. American Stores would grow to 1,700 stores in 40 states with $15 billion in sales. , Kroger and Winn-Dixie. Internationally, the Network reaches more than 10 million shoppers each week in Europe and Mexico. The company is composed of four independent business units: Catalina Marketing Services, which markets the company's core electronic marketing programs in supermarkets, mass merchandisers and drug stores; Catalina Electronic Clearing Services, the industry's first electronic coupon clearing service; Health Resource Publishing Company, which delivers customized newsletters to pharmacy customers based on prescription purchases; and Catalina Marketing International.
Catalina Marketing Corp.
Selected Financial Data
(In thousands, except per share amounts)
Three Months Ended
March 31,
1995 1994
Revenue 30,783 26,955 Direct Operating Expenses 11,952 11,495 Selling and G & A 9,541 8,667 Depreciation and Amortization 3,943 3,217 Profits from Operations 5,347 3,576 Other Income (Expense) (104) 147 Income before Taxes and minority interest 5,243 3,723 Provision for Income Taxes 2,071 1,637 Minority Interest (369) (718) Net Income 3,541 2,804 Average Weighted Shares Outstanding 9,960 10,227 Earnings Per Share 36 cents 27 cents -0-
Twelve Months Ended
March 31,
1995 1994
Revenue 113,254 91,448 Direct Operating Expenses 41,389 35,383 Selling and G & A 28,972 26,284 Depreciation and Amortization 15,073 11,428 Profit from Operations 27,820 18,353 Other Income (Expense) 109 863 Income Before Taxes & Minority Interest 27,929 19,216 Provision for Income Taxes 11,259 7,634 Minority Interest (559) (1,088) Net Income 17,229 12,670 Average Weighted Shares Outstanding 10,064 10,194 Earnings Per Share 1.71 1.24
-0-
Catalina Marketing Corp.
Selected Financial Data
(in thousands)
Quarter Ended
March 31,
1995 1994
Cash 30,729 26,863
Total Stockholders' Equity 55,494 44,858
Selected Other Data
Quarter Ended
March 31,
1995 1994
Number of Stores at Quarter End 9,172 7,481 New Stores Installed During Quarter 267 578 Promotions Printed During Quarter (in millions) 487.9 436.3 Weekly Shopper Reach at Qarter End (in millions) 121 91
Twelve Months Ended
March 31,
1995 1994
New Stores Installed 1,691 1,872 Promotions Printed (in millions) 1,786.9 1,454.1 CONTACT: Catalina Marketing Corp., St. Petersburg William E. O'Connor, 813/579-5006 |
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