SIC Select Interior Concepts

Select Interior Concepts to Release Second Quarter 2020 Financial Results on August 6, 2020

Select Interior Concepts to Release Second Quarter 2020 Financial Results on August 6, 2020

ATLANTA, July 23, 2020 (GLOBE NEWSWIRE) -- (NASDAQ: SIC), a premier installer and nationwide distributor of interior building products, announced today that it will release its financial results for the second quarter ended June 30, 2020 on Thursday, August 6, 2020 before the open of the market. A conference call will be held to discuss the results on the same day at 9:00 AM EDT and will be hosted by L.W. (Bill) Varner, Jr., Chief Executive Officer and Nadeem Moiz, Chief Financial Officer.

To participate in the conference call please dial 1-888-224-1005 from the U.S., and international callers may dial 1-720-543-0302, approximately 15 minutes before the call. A webcast will also be available under the Investor Relations section at .

A replay will be available on the Company's website after the completion of the call.

About Select Interior Concepts

Select Interior Concepts is a premier installer and nationwide distributor of interior building products with leading market positions in highly attractive markets. Headquartered in Atlanta, Georgia, Select Interior Concepts is listed on the NASDAQ.  The Residential Design Services segment provides integrated design, sourcing and installation solutions to customers, in the selection of a broad array of interior products and finishes, including flooring, cabinets, countertops, window treatments, and related interior items. The Architectural Surfaces Group segment distributes natural and engineered stone through a national network of distribution centers and showrooms under proprietary brand names such as AG&M, Modul and Pental. For more information, visit: .

Forward-Looking Statements

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and, as such, may involve known and unknown risks, uncertainties and assumptions. Forward-looking statements may be identified by the use of words such as “anticipate,” “believe,” “estimate,” “intend,” “could,” “should,” “would,” “may,” “seek,” “plan,” “might,” “will,” “expect,” “predict,” “project,” “forecast,” “potential,” “continue,” and other forms of these words or similar words or expressions or the negatives thereof. Forward-looking statements are based on historical information available at the time the statements are made and are based on management’s reasonable belief or expectations with respect to future events. Forward-looking statements are subject to risks, uncertainties, and other factors, including, but not limited to, risks and uncertainties relating to the COVID 19 pandemic (including those contained in our 8-K filed on May 5, 2020) and those factors contained in our Annual Report on Form 10-K for the fiscal year ended December 31, 2019 (our “Annual Report”), that may cause the Company’s actual results, level of activity, performance or achievement to be materially different from the results or plans expressed or implied by such forward-looking statements. All forward-looking statements in this press release are qualified by the factors, risks and uncertainties contained in our Annual Report. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at or by which such performance or results will be achieved. Forward-looking statements speak only as of the date on which they are made and the Company undertakes no obligation to update any forward-looking statement to reflect future events, developments or otherwise, except as may be required by applicable law.

Contact:

Investor Relations:

Tully Brown

(470) 548-7370

EN
23/07/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Select Interior Concepts

 PRESS RELEASE

Select Interior Concepts Acquired by Affiliate of Sun Capital Partners

Select Interior Concepts Acquired by Affiliate of Sun Capital Partners Shareholders receive $14.50 per share in all-cash transaction ATLANTA, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Select Interior Concepts, Inc. (NASDAQ: SIC), a premier distributor of interior building products, today announced that it has been acquired by an affiliate of Sun Capital Partners, Inc. (“Sun Capital”), a global private equity fund. The buyer paid SIC shareholders $14.50 per share in cash, which represents a 32% premium over SIC’s closing price and a 42% premium over its 30-day volume-weighted average price of ...

 PRESS RELEASE

Select Interior Concepts Announces 2021 Second Quarter Financial Resul...

Select Interior Concepts Announces 2021 Second Quarter Financial Results ATLANTA, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Select Interior Concepts, Inc. (NASDAQ: SIC), a premier nationwide distributor of interior building products, today announced its financial results for the second quarter ended June 30, 2021. SECOND QUARTER 2021 FINANCIAL HIGHLIGHTS COMPARED TO SECOND QUARTER 2020; excludes the RDS business segment which was sold on June 30, 2021 Consolidated net revenue of $67.2 million, compared to $52.0 millionGross profit was $20.0 million, compared to $13.2 millionNet income from con...

 PRESS RELEASE

An Affiliate of Sun Capital Partners, Inc. to Acquire Select Interior ...

An Affiliate of Sun Capital Partners, Inc. to Acquire Select Interior Concepts for $411 Million Shareholders to receive $14.50 per share in an all-cash transaction providing attractive valuationSelect Interior Concepts to become privately owned company as part of Sun Capital’s portfolioQ2 2021 earnings call previously scheduled for August 9, 2021 cancelled ATLANTA, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Select Interior Concepts, Inc. (NASDAQ: SIC), a premier distributor of interior building products, today announced that it has entered into a definitive agreement under which an affiliate of ...

 PRESS RELEASE

Select Interior Concepts to Release Second Quarter 2021 Financial Resu...

Select Interior Concepts to Release Second Quarter 2021 Financial Results on August 9, 2021 ATLANTA, July 28, 2021 (GLOBE NEWSWIRE) -- , Inc. (NASDAQ: SIC), a premier distributor of interior building products, announced today that it will release its financial results for the second quarter ended June 30, 2021 on Monday, August 9, 2021 after the market closes. A conference call to discuss the results will be held on the same day at 5:00 PM ET and will be hosted by Bill Varner, Jr., Chief Executive Officer, and Nadeem Moiz, Chief Financial Officer and Chief Operating Officer. To participa...

 PRESS RELEASE

Select Interior Concepts Announces Closing of Sale of RDS Segment to I...

Select Interior Concepts Announces Closing of Sale of RDS Segment to Interior Logic Group ATLANTA, June 30, 2021 (GLOBE NEWSWIRE) --  (NASDAQ: SIC), a distributor of interior building products, today announced it has closed the previously announced sale of its Residential Design Services segment (“RDS”) for $215 million in an all-cash transaction to Interior Logic Group (“ILG”), a portfolio company of Blackstone. As planned, SIC has used the proceeds from the transaction to repay all of the Company’s outstanding indebtedness, and its capital lease obligations related to the RDS business....

ResearchPool Subscriptions

Get the most out of your insights

Get in touch