reports
Landstar System Reports First Quarter Revenue of $1.171B and Earnings ...
Landstar System Reports First Quarter Revenue of $1.171B and Earnings Per Share of $1.32 JACKSONVILLE, Fla., April 24, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) today reported basic and diluted earnings per share (“EPS”) of $1.32 in the 2024 first quarter on revenue of $1.171 billion. Landstar also announced today that its Board of Directors declared a quarterly dividend of $0.33 per share payable on May 24, 2024, to stockholders of record as of the close of business on May 8, 2024. “It’s been a privilege to join Landstar and work alongsi...
Landstar to Release First Quarter Results on Wednesday, April 24, 2024
Landstar to Release First Quarter Results on Wednesday, April 24, 2024 JACKSONVILLE, Fla., April 10, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), announced today it will release its 2024 first quarter results after the market closes on Wednesday, April 24, 2024. The Company will hold its quarterly conference call with analysts and investors the following morning, Thursday, April 25, 2024 at 8:00 a.m. ET to discuss the first quarter results and current outlook. To access the webcast, visit ; click on "Webcasts"; and then "Landstar's First Quarter 2024 Earnings Release Conf...
Landstar Appoints New Chief Sales Officers
Landstar Appoints New Chief Sales Officers JACKSONVILLE, Fla., March 18, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (Nasdaq: LSTR), a technology-enabled, asset-light provider of integrated transportation management solutions, today announced that two Landstar veterans have been promoted to lead Landstar’s sales organization as executive officers of the Company. Effective today, Matt Dannegger has been appointed Chief Field Sales Officer, and Jim Applegate has been appointed Chief Corporate Sales, Strategy and Specialized Freight Officer. “Together, Matt and Jim will lead the sales te...
Landstar System Reports Fourth Quarter Revenue of $1.204B and Earnings...
Landstar System Reports Fourth Quarter Revenue of $1.204B and Earnings Per Share of $1.62 JACKSONVILLE, Fla., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) reported basic and diluted earnings per share (“EPS”) of $1.62 in the 2023 thirteen-week fourth quarter on revenue of $1.204 billion. Landstar reported EPS of $2.60 on revenue of $1.675 billion in the 2022 fourteen-week fourth quarter. The Company’s fiscal year ends each year on the last Saturday in December. As such, the Company’s 2022 fourth quarter ended on December 31st and in...
Landstar to Release Fourth Quarter Results on Wednesday, January 31, 2...
Landstar to Release Fourth Quarter Results on Wednesday, January 31, 2024 JACKSONVILLE, Fla. , Jan. 17, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), announced today it will release its 2023 fourth quarter results after the market closes on Wednesday, January 31, 2024. The Company will hold its quarterly conference call with analysts and investors the following morning, Thursday, February 1, 2024 at 8:00 a.m. ET to discuss the fourth quarter results and current outlook. To access the webcast, visit ; click on "Webcasts"; and then "Landstar's Fourth Quarter 2023 Earnings Re...
Landstar Announces Increase to Stock Purchase Program and Special Divi...
Landstar Announces Increase to Stock Purchase Program and Special Dividend JACKSONVILLE, Fla., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ-LSTR), a technology-enabled, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, announced that on December 4, 2023, its Board of Directors increased the number of shares of its common stock that the Company is authorized to purchase under its stock purchase program to 3,000,000. The increase to the share purchase program reflects a new authorization ...
Frank A. Lonegro to Succeed James B. Gattoni as Landstar CEO
Frank A. Lonegro to Succeed James B. Gattoni as Landstar CEO JACKSONVILLE, Fla., Dec. 04, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (Nasdaq: LSTR), a technology-enabled, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation services, announced today that its Board of Directors has named Frank A. Lonegro as President and Chief Executive Officer, effective February 2, 2024. James B. Gattoni, who currently serves as President and CEO, will continue to serve in that role through the date of the Company’s 2023 fourth quarter ear...
Landstar to Participate in Stephens 2023 Annual Investment Conference
Landstar to Participate in Stephens 2023 Annual Investment Conference JACKSONVILLE, Fla., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) announced today its participation in Stephens 2023 Annual Investment Conference. Landstar’s "fireside chat" discussion begins at 1:00 p.m. ET on Tuesday, November 14. It will be broadcast live via the Internet at ; click on "Webcasts." The Stephens 2023 Annual Investment Conference webcast will be available on Landstar’s website through November 22. For more information about the webcast, please contact Landstar’s Investor Relation...
Landstar System Reports Third Quarter Revenue of $1.289B and Earning...
Landstar System Reports Third Quarter Revenue of $1.289B and Earnings Per Share of $1.71 JACKSONVILLE, Fla., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) reported basic and diluted earnings per share (“EPS”) of $1.71 in the 2023 third quarter on revenue of $1.289 billion. Landstar reported EPS of $2.76 on revenue of $1.816 billion in the 2022 third quarter. Gross profit in the 2023 third quarter was $128.1 million and variable contribution (defined as revenue less the cost of purchased transportation and commissions to agents) in ...
Landstar to Release Third Quarter Results on Wednesday, October 25, 2...
Landstar to Release Third Quarter Results on Wednesday, October 25, 2023 JACKSONVILLE, Fla., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) announced today it will release its 2023 third quarter results after the market closes on Wednesday, October 25, 2023. The Company will hold its quarterly conference call with analysts and investors the following morning, Thursday, October 26, 2023 at 8:00 a.m. ET to discuss the third quarter results and current outlook. To access the webcast, visit ; click on "Webcasts"; and then "Landstar's Third Quarter 2023 Earnings Release...
Landstar System Reports Second Quarter Revenue of $1.374B and Second Q...
Landstar System Reports Second Quarter Revenue of $1.374B and Second Quarter Diluted Earnings Per Share of $1.85 JACKSONVILLE, Fla., July 26, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) reported diluted earnings per share (“DEPS”) of $1.85 in the 2023 second quarter on revenue of $1.374 billion. Landstar reported DEPS of $3.05 on revenue of $1.975 billion in the 2022 second quarter. Gross profit in the 2023 second quarter was $139.7 million and variable contribution (defined as revenue less the cost of purchased transportation and commissi...
Landstar to Release Second Quarter Results on Wednesday, July 26, 2023
Landstar to Release Second Quarter Results on Wednesday, July 26, 2023 JACKSONVILLE, Fla., July 12, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation services, announced today it will release its 2023 second quarter results after the market closes on Wednesday, July 26, 2023. The Company will hold its quarterly conference call with analysts and investors the following morning, Thursday, July 27, 2023 at 8:00 a.m. ET to discuss the second quarter resul...
Landstar System, Inc. Ranks #489 on Fortune 500 List
Landstar System, Inc. Ranks #489 on Fortune 500 List JACKSONVILLE, Fla., June 05, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR), a worldwide technology-enabled, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation services, announced today that it was again named to the Fortune 500 list of America’s largest corporations by revenue. With revenue of approximately $7.4 billion in fiscal year 2022, another annual record for the company, Landstar landed at number 489 on the list. “Landstar’s financial performance in...
Landstar System Reports First Quarter Revenue Of $1.436B And First Qua...
Landstar System Reports First Quarter Revenue Of $1.436B And First Quarter Diluted Earnings Per Share Of $2.17 JACKSONVILLE, Fla., April 26, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) reported diluted earnings per share (“DEPS”) of $2.17 in the 2023 first quarter on revenue of $1.436 billion. Landstar reported DEPS of $3.34 on revenue of $1.971 billion in the 2022 first quarter. Gross profit in the 2023 first quarter was $152.9 million and variable contribution (defined as revenue less the cost of purchased transportation and commissions ...
Landstar To Release First Quarter Results On Wednesday, April 26, 2023
Landstar To Release First Quarter Results On Wednesday, April 26, 2023 JACKSONVILLE, Fla., April 12, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation services, announced today it will release its 2023 first quarter results after the market closes on Wednesday, April 26, 2023. The Company will hold its quarterly conference call with analysts and investors the following morning, Thursday, April 27, 2023 at 8:00 a.m. ET to discuss the first quarter resu...
Landstar System Reports Fourth Quarter Revenue of $1.675B and Fourth Q...
Landstar System Reports Fourth Quarter Revenue of $1.675B and Fourth Quarter Diluted Earnings Per Share of $2.60 JACKSONVILLE, Fla., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) reported diluted earnings per share (“DEPS”) of $2.60 in the 2022 fourteen-week fourth quarter on revenue of $1.675 billion. Landstar reported diluted earnings per share of $2.99 on revenue of $1.945 billion in the 2021 thirteen-week fourth quarter. The Company’s fiscal year ends each year on the last Saturday in December. As such, the Company’s 2022 fourth...
Landstar to Release Fourth Quarter Results on Wednesday, February 1, ...
Landstar to Release Fourth Quarter Results on Wednesday, February 1, 2023 JACKSONVILLE, Fla., Jan. 18, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation services, announced today it will release its 2022 fourth quarter results after the market closes on Wednesday, February 1, 2023. The Company will hold its quarterly conference call with analysts and investors the following morning, Thursday, February 2, 2023 at 8:00 a.m. ET to discuss the fourth qua...
Landstar Announces Increase to Stock Purchase Program and Special Divi...
Landstar Announces Increase to Stock Purchase Program and Special Dividend JACKSONVILLE, Fla., Dec. 07, 2022 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ-LSTR), a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, announced that on December 6, 2022, its Board of Directors increased the number of shares of its common stock that the Company is authorized to purchase under its stock purchase program to 3,000,000. The increase to the share purchase program reflects a new authorization to purcha...
- Dave Nicoski
- Ross LaDuke
Vermilion Compass: Weekly Equity Strategy
U.S. Dollar, 10-Year Treasury Yield, Commodities. Over the past two weeks we have discussed the multitude of signals that either suggest (1) the bear market is over, or (2) this rally is likely to continue. Nothing has changed in terms of these expectations. Chief among the reasons we expect the rally to continue are the breakdowns in the U.S. dollar (DXY) and 10-year Treasury yield, which we view as possible early topping signals. Commodities and WTI crude oil have continued to consolidate, tho...
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Landstar to Participate in Stephens 2022 Annual Investment Conference
Landstar to Participate in Stephens 2022 Annual Investment Conference JACKSONVILLE, Fla., Nov. 08, 2022 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) announced today its participation in Stephens 2022 Annual Investment Conference. Landstar’s “fireside chat” discussion begins at 4:00 p.m. ET on Tuesday, November 15. It will be broadcast live via the Internet at ; click on "Webcasts." The Stephens 2022 Annual Investment Conference webcast will be available on Landstar’s website through November 23. For more information about the webcast, please contact Landstar’s Investor Relation...
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