Expeditors International of Washington Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015
Aug 4 15
Expeditors International of Washington Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenues of $1,691,553,000 against $1,599,141,000 a year ago. Operating income was $182,716,000 against $142,443,000 a year ago. Earnings before income taxes were $189,156,000 against $148,397,000 a year ago. Net earnings were $118,329,000 against $91,728,000 a year ago. Net earnings attributable to shareholders were $117,760,000 against $91,302,000 a year ago. Diluted earnings attributable to shareholders per share were $0.61 against $0.46 a year ago. Net cash from operating activities was $181,728,000 against $44,886,000 a year ago. Purchase of property and equipment was $12,912,000 against $9,635,000 a year ago.
For the six months, the company reported total revenues of $3,369,079,000 against $3,090,786,000 a year ago. Operating income was $351,599,000 against $277,646,000 a year ago. Earnings before income taxes were $360,805,000 against $286,016,000 a year ago. Net earnings were $225,661,000 against $175,923,000 a year ago. Net earnings attributable to shareholders were $224,464,000 against $175,126,000 a year ago. Diluted earnings attributable to shareholders per share were $1.17 against $0.88 a year ago. Net cash from operating activities was $316,122,000 against $218,743,000 a year ago. Purchase of property and equipment was $22,357,000 against $18,395,000 a year ago.
Expeditors International of Washington, Inc. Announces Appointment of Daniel R. Wall to the Position of President, Global Products
Jun 12 15
Expeditors International of Washington Inc. announced the appointment of Daniel R. Wall to the position of President, Global Products. Mr. Wall will assume the company’s product leadership role currently held by R. Jordan Gates. On April 1, 2015 the company announced Mr. Gates’ intention to retire in 2015. His retirement will become effective on July 31, 2015. Mr. Wall started his 28-year career at Expeditors as a messenger responsible for clients’ Customs documents in the Seattle branch office in 1987. During the course of his career, he has held many positions including the District Manager of the Company’s Denver and Seattle offices, Global Director of Account Management, and the position he currently holds as the Company’s Senior Vice President responsible for Ocean Services and Order Management. Mr. Wall is a licensed Customs Broker and also holds an IATA/FIATA certificate. During his tenure at Expeditors Mr. Wall returned to school to complete his education and holds an Executive MBA from Seattle University.
Expeditors International of Washington, Inc. Declares Semi-Annual Cash Dividend, Payable on June 15, 2015
May 7 15
Expeditors International of Washington Inc. announced that its Board of Directors has declared a semi-annual cash dividend of $0.36 per share, payable on June 15, 2015 to shareholders of record as of June 1, 2015.