TenbrLocal Publicly Traded Companies to Keep an Eye On
The Container Store(TCS)
The Coppell-based specialty store and organization solutionsbrretail chain is structuring its business the right way. The company reported anbraverage of 20% annual growth every year its been in operation, posting $706.8brmillion in revenue for 2013. For the past 14 years, the Container Store hasbrmade Fortune's list of “100 BestbrPlaces to Work in America.” The company priced its initial public offering inbrMarch due to future public and private transactions that are expected to takebrplace.
Del Frisco'sbrRestaurant Group (DFRG)
Southlake's own Del holding company, develops, owns andbroperates three contemporary restaurants. In February, the company operated 34brrestaurants in 19 states, with each of its restaurant concepts offering steaks,brchops and fresh seafood. The company ranked in the top 100 on Forbes' “America’s Best SmallbrCompanies.” Del Frisco’s latest quarterly results posted $60.4 million inbrrevenue, up 19% from $50.7 million. In December, the company announced thebrpricing of its secondary public offering.
ExxonMobil (XOM)
This American multinational gas and oil corporation isbrheadquartered in Irving and is a product child of the merger of Exxon andbrMobil. Exxon Mobil holds is the world's third largest company by revenue and isbralso the second largest publicly traded company by market capitalization. Inbr2013, Forbes Global 2000 ranked thebrcompany No. 5 globally. In the first three months of 2013, the company postedbr$108.4 billion in revenue. ExxonMobil CEO Rex Tillerson was ranked No. 2 by Fortune 500 after he announced thebrcompany’s work with Russia’s OAO Rosneft in assessing massive reserve of shalebroil in Western Siberia.
American AirlinesbrGroup (AAL)
The publicly traded Fort Worth airline holding company hasbrhad a busy few years. The US Airways and AMR Corporation merger formed AmericanbrAirlines Group in 2013, creating the world’s largest airline. The companybrposted roughly $40 billion in operating revenue and plans to take delivery ofbr607 new aircrafts in the New Year. The integration of American Airlines and USbrAirways into a single operating certificate will be completed by 2015. Thebrcreation of the world’s largest airline will provide shareholders the chance tobrclaim stake in both companies in the future.
GameStop (GME)
The Grapevine-based video game and entertainment softwarebrretailer operates 6,700 stores globally. Recently, the company has postedbrimpressive mobile sales, expanding to $55.1 million in it’s the latestbrquarterly results, up 121.4%. GameStop’s financial results are supported by thebrcontinued growth of emerging businesses, driving a 130 basis point improvementbrin gross margin rates. As new games and the launch of the PS4 and Xbox One, thebrgaming leader is uniquely positioned to capitalize on the new, innovativebrproducts coming to market.
AT&T (T)
The largest provider of telecommunications providesbrbroadband subscription television services. AT&T is the third-largest companybrin Texas and the largest company in Dallas. In May, AT&T is the 21stlargest company in the world by market and the 13rh largest non-oil company.brRecently, the company announced its expansion into Latin America through abrcollaboration with America Movil. AT&T reported $32.2 billion in revenues,brup 2.2% compared to the previous year. Specifically wireless revenues were upbr5.1% from the most recent quarter.
Fluor Corp. (FLR)
A professional services company providing special projectbrmanagement services is ranked No.1 on the Fortunebr500 list of industries. The Irving-based company has received manybrprestigious awards and rankings, including one of the World’s Most EthicalbrCompanies by Ethisphere magazine. Thebrcompany reported $170 million for net earnings, up from $145 million, despitebrheadwinds in the mining and metal businesses. Currently, Fluor is creating LNGbrprojects for the early stages of an upcoming multi-year oil and gas investmentbrcycle.
Dr. Pepper SnapplebrGroup (DPS)
The leading producer of flavored beverages in North Americais fueled by more than 50 brands, with six of the top ten non-cola soft drinks.brAdditionally 13 of the 14 top Dr. Pepper Snapple Group brands are No. 1 and No.br2 in its flavor categories. The company reported a 5% increase in operatingbrprofit up to $18 million due to ongoing productivity improvements. Goingbrforward, the company plans to invest in its brands for the expected long-termbrsuccess.
Pier 1 Imports(PIR)
An imported home furnishing and décor retailer operates morebrthan 1,000 stores in U.S., Canada and Mexico. The Fort Worth headquarteredbrcompany currently has sales of $418 million. In October, the company announcedbra new $200 million share repurchase program. Pier 1 Imports posted anbrimpressive 41% increase in gross profit sales due to solid online sales duringbrthe period. The company continues to focus on promoting its e-Commerce enabledbrwebsite.
D.R. Horton (DHI)
The largest residential homebuilder in the U.S. sold nearlybr19,000 homes and posted a profit of $956 million in the 12 months that endedbrSept. 30. Since 2002, D.R. Horton is ranked as the largest homebuilder by unitsbrclosed in the U.S. and is headquartered in Fort Worth. The company employsbr3,000 workers and builds single-family units in 71 markets throughout 26brstates. D.R. Horton’s income increased to $202.8 million, or 104% for thebrlatest quarterly report. Additionally, home sales increased to 21.9% as thebrhousing recovery continues to improve.