Services Sector Unusual Volume: Tilly’s (NYSE:TLYS), Susser Petroleum Partners LP (NYSE:SUSP), MTR Gaming Group (NASDAQ:MNTG), Management Network (NASDAQ:TMNG)
Tilly’s, Inc. (NYSE:TLYS) announced financial results for the fourth quarter of fiscal 2013 ended February 1, 2014. While fourth quarter results were as expected, we are not satisfied with this level of financial performance. I am, however, pleased with how we navigated the challenging retail environment, which reflects the disciplined execution by our team. We controlled costs, appropriately positioned our inventory levels and adhered to a planned promotional strategy in the quarter that delivered better product margins than the prior year,” commented Daniel Griesemer, President and Chief Executive Officer. “In fiscal 2014, we have developed several key initiatives to adapt to the changing teen retail landscape and to capitalize on the long-term opportunities to grow our business. Tilly’s Inc (NYSE:TLYS) shares after opening at $12.35 moved to $12.48 on last trade day and at the end of the day closed at $12.37. Company price to sales ratio in past twelve months was calculated as 0.69 and price to cash ratio as 6.82. Tilly’s Inc (NYSE:TLYS) showed a positive weekly performance of 9.76%.
Susser Petroleum Partners LP (NYSE: SUSP), a wholesale distributor of motor fuels, today filed operational and financial results for the fiscal year ended December 31, 2013 on Form 10-K with the U.S. Securities and Exchange Commission. The Annual Report on Form 10-K is available on the Partnership’s Investor Relations website at http://investor.susserpetroleumpartners.com under “SEC Filings,” as well as on the SEC’s website at www.sec.gov. Susser Petroleum Partners LP (NYSE:SUSP) shares fell -0.70% in last trading session and ended the day on $32.73. SUSP return on equity ratio is recorded as 46.00% and its return on assets is 9.50%. Susser Petroleum Partners LP (NYSE:SUSP) yearly performance is 8.16%.
MTR Gaming Group, Inc. (nasdaqgs:MNTG) announced financial results for the fourth quarter and full year ended December 31, 2013. For the fourth quarter of 2013, the Company’s total net revenues were $114.8 million, a decrease of 0.8% compared to $115.8 million in the same period of 2012. Adjusted EBITDA in the fourth quarter of 2013 was $21.0 million, a decrease of 1.0% from the prior-year period, and adjusted EBITDA margin was 18.3%, comparable to the prior-year period. MTR Gaming Group, Inc. (NASDAQ:MNTG) shares moved up 0.39% in last trading session and was closed at $5.17, while trading in range of $5.11-$5.18. MTR Gaming Group, Inc. (NASDAQ:MNTG) year to date performance is 0.19%.
Management Network Group Inc (NASDAQ:TMNG) closed $4.39 Friday. The stock traded $2.54 to $4.42 in the range of low to high in the past year. The compensation committee of the company’s board of directors recently granted performance-based, but restricted common stock award of 20,000 shares to Susan M. Simmons, who is the company’s COO and leader of global delivery. This information was revealed by Management Network Group Inc (NASDAQ:TMNG) in a regulatory filing. Management Network Group Inc (NASDAQ:TMNG) weekly performance is 11.65%. On last trading day company shares ended up $4.41. Management Network Group Inc (NASDAQ:TMNG) distance from 50-day simple moving average is 36.60%. Analysts mean target price for the company is $1.60.