No Major Surprises in G&K’s Fiscal 2017 First Quarter
G&K’s fiscal first-quarter 2017 (ended September) organic revenue increased 1.6% from the same period last year, slightly below our expected run rate. Operating margins also came in shy of our forecast as a result of merger-related expenses (including professional and regulatory fees) associated with the previously announced Cintas transaction, which is expected to close by the second quarter of calendar 2017 pending regulatory approval. We do not expect to materially alter our $97.50 fair v...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.