|06/12/19||VOXX International Corporation Announces Definitive Agreement To Sell Its German Accessories Business To HF Company For Approximately $19.0 Million|
|ORLANDO, Fla., June 12, 2019 /PRNewswire/ -- VOXX International Corporation (NASDAQ: VOXX), a leading manufacturer and distributor of automotive and consumer technologies for global markets, today announced that it has reached a definitive agreement to sell VOXX German Accessory Holdings GmbH, which comprises the operations of Oehlbach Kabel GmbH ("Oehlbach") and Schwaiger GmbH ("Schwaiger"), to HF Company (HF:FP HF Co).
Under the terms of the Stock Purchase Agreement ("SPA"), HF Company will ... |
|05/14/19||VOXX International Corporation Reports Its Fiscal 2019 Year-End Financial Results; Provides Updates On Corporate Realignment And Fiscal 2020 Plans|
|- Significant progress made in the Company's restructuring initiatives, with improved bottom-line performance anticipated in Fiscal 2020, primarily in the 2nd half of the fiscal year
- Company incurs $46.3 million in non-cash impairment charges and $4.6 million in restructuring expenses; enters Fiscal 2020 with a cleaner balance sheet
- Cash and cash equivalents of $58.2 million at Fiscal 2019 year-end, a $6.5 million improvement over Fiscal 2018
- Company announces non-binding LOI to s... |
|05/06/19||VOXX International Corporation Sets Date For Its Fiscal 2019 Fourth Quarter And Year-End Results And Conference Call|
|ORLANDO, Fla., May 6, 2019 /PRNewswire/ -- VOXX International Corporation (NASDAQ: VOXX), today announced that it will be reporting its fiscal 2019 fourth quarter and year-end results for the period ended February 28, 2019 on Tuesday, May 14, 2019, after market close. The Company also disclosed that it will be hosting a conference call and webcast on Wednesday, May 15, 2019 at 10 a.m. Eastern.
Conference Call Information
Toll-free number: 877-303-9079 / International number: 970-315-0461... |
|04/29/19||VOXX International Corporation Provides Updates on its Business Realignment and Transformation Initiatives to Enhance Shareholder Value|
|Company continues to realign its business, which is expected to result in predominantly non-cash impairment and restructuring charges in the Fiscal 2019 fourth quarter; new segment reporting structure created for Fiscal 2020; Board of Directors authorizes increase in Stock Repurchase Program to three million shares
ORLANDO, Fla., April 29, 2019 /PRNewswire/ -- VOXX International Corporation (NASDAQ: VOXX), a leading manufacturer and distributor of automotive and consumer technologies for gl... |