Select Interior Concepts, Inc., together with its subsidiaries, installs and distributes interior building products for residential interior design services markets in the United States. The company operates through two segments, Residential Design Services and Architectural Surfaces Group. The Residential Design Services segment provides an integrated, outsourced solution for the design, consultation, sourcing, distribution, and installation needs of homebuyer customers. It works with homebuyers in the selection of an array of interior products and finishes, including flooring, cabinets, countertops, wall tile, and related interior items, primarily for newly constructed homes; and coordinates the ordering, fulfillment, and installation of interior products. The Architectural Surfaces Group segment imports and distributes natural and engineered stone slabs, such as marble, granite, porcelain, and quartz for kitchen and bathroom countertops; and ceramic and porcelain tiles for flooring, backsplash, and wall tile applications, as well as tile. It markets its products through a network of 21 distribution centers and showrooms to new residential and commercial construction markets, and repair and remodel market. The company was founded in 2014 and is headquartered in Atlanta, Georgia.
IPO Year: n/a
Exchange: NASDAQ
Website: selectinteriorconcepts.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/10/2021 | $13.00 → $14.50 | Buy → Hold | Truist Securities |
Truist Securities downgraded Select Interior Concepts from Buy to Hold and set a new price target of $14.50 from $13.00 previously
B. Riley resumed coverage of Select Interior Concepts with a rating of Buy and set a new price target of $14.00 from $13.00 previously
B. Riley reiterated coverage of Select Interior Concepts with a rating of Buy and set a new price target of $13.00 from $12.00 previously
Gig Harbor, Washington, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (NASDAQ:HCDI, HCDIP, HCDIW, HCDIZ))) ("Harbor," "Harbor Custom Homes®," or the "Company"), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced the hiring of Lance Brown, as the Company's Chief Financial Officer, effective November 1, 2021. "We are thrilled to welcome Lance Brown to the Harbor team. His experience as a highly successful financial executive of a publicly traded company in our industry provides both the expertise and financial leadership to drive Harbor's rapid expansion into the nation's fastest-growing metro r
ATLANTA, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Select Interior Concepts, Inc. (NASDAQ:SIC), a premier distributor of interior building products, today announced that it has been acquired by an affiliate of Sun Capital Partners, Inc. ("Sun Capital"), a global private equity fund. The buyer paid SIC shareholders $14.50 per share in cash, which represents a 32% premium over SIC's closing price and a 42% premium over its 30-day volume-weighted average price of $10.20 on August 6, 2021. SIC Chairman Brett G. Wyard commented, "We are very pleased to have completed this transaction, which represents the final step in a multi-phase program to maximize SIC's value for our shareholders and other stake
ATLANTA, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Select Interior Concepts, Inc. (NASDAQ:SIC), a premier nationwide distributor of interior building products, today announced its financial results for the second quarter ended June 30, 2021. SECOND QUARTER 2021 FINANCIAL HIGHLIGHTS COMPARED TO SECOND QUARTER 2020; excludes the RDS business segment which was sold on June 30, 2021 Consolidated net revenue of $67.2 million, compared to $52.0 millionGross profit was $20.0 million, compared to $13.2 millionNet income from continuing operations was $2.5 million, or $0.10 basic earnings per share (EPS), compared to net loss from continuing operations of ($0.3 million), or ($0.01) basic EPSAdjusted EBIT
Shareholders to receive $14.50 per share in an all-cash transaction providing attractive valuationSelect Interior Concepts to become privately owned company as part of Sun Capital's portfolioQ2 2021 earnings call previously scheduled for August 9, 2021 cancelled ATLANTA, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Select Interior Concepts, Inc. (NASDAQ:SIC), a premier distributor of interior building products, today announced that it has entered into a definitive agreement under which an affiliate of Sun Capital Partners, Inc. ("Sun Capital") will acquire Select Interior Concepts ("SIC") for approximately $411 million in an all-cash transaction (the "Merger Transaction"). Under the terms of the ag
ATLANTA, July 28, 2021 (GLOBE NEWSWIRE) -- Select Interior Concepts, Inc. (NASDAQ:SIC), a premier distributor of interior building products, announced today that it will release its financial results for the second quarter ended June 30, 2021 on Monday, August 9, 2021 after the market closes. A conference call to discuss the results will be held on the same day at 5:00 PM ET and will be hosted by Bill Varner, Jr., Chief Executive Officer, and Nadeem Moiz, Chief Financial Officer and Chief Operating Officer. To participate in the conference call please dial 1-800-458-4121 from the U.S. approximately 15 minutes before the call. International callers can dial 1-720-543-0206. A webcast will a
AUSTIN, Texas, July 8, 2021 /PRNewswire/ -- Architectural Surfaces Group, a leading importer and distributor of natural stone, engineered stone and tile for residential and commercial applications, announces the strategic rebranding of its regional brands AG&M, Pental Surfaces and Modul Marble as Architectural Surfaces. The new name leverages the company's national presence to provide brand clarity and streamline the customer experience for fabricators, architects and interior designers working in both the residential kitchen and bath and commercial construction industries. C
ATLANTA, June 30, 2021 (GLOBE NEWSWIRE) -- Select Interior Concepts, Inc. (NASDAQ:SIC), a distributor of interior building products, today announced it has closed the previously announced sale of its Residential Design Services segment ("RDS") for $215 million in an all-cash transaction to Interior Logic Group ("ILG"), a portfolio company of Blackstone. As planned, SIC has used the proceeds from the transaction to repay all of the Company's outstanding indebtedness, and its capital lease obligations related to the RDS business. In addition, the Company realized net cash of approximately $38 million. Brett G. Wyard, Chairman of SIC, commented, "I, along with the entire SIC board, am thrill
$215 million purchase price provides attractive valuation for RDS and to shareholdersTransforms balance sheet to debt-free, strong net cash position providing significant financial flexibilityConcentrates efforts on maximizing value in the stone and tile distribution market and expands margin profile ATLANTA, May 09, 2021 (GLOBE NEWSWIRE) -- Select Interior Concepts, Inc. (NASDAQ:SIC), a premier installer and distributor of interior building products, today announced that it has entered into a definitive agreement to sell its Residential Design Services segment ("RDS,") in an all-cash transaction to Interior Logic Group ("ILG"), a portfolio company of Blackstone. The transaction is va
ATLANTA, May 06, 2021 (GLOBE NEWSWIRE) -- Select Interior Concepts, Inc. (NASDAQ:SIC), a premier installer and nationwide distributor of interior building products, today announced its financial results for the first quarter ended March 31, 2021. FIRST QUARTER 2021 FINANCIAL HIGHLIGHTS COMPARED TO FIRST QUARTER 2020 Consolidated net revenue of $137.8 million, compared to $134.4 millionGross profit was $33.9 million, compared to $30.7 millionNet loss was ($1.8) million, or ($0.07) earnings per share (EPS), compared to ($4.0) million, or ($0.16) EPSAdjusted EBITDA of $9.6 million, compared to $4.5 millionOperating cash flow provided $5.7 million, compared to $7.8 millionLiquidity of $7
ATLANTA, April 27, 2021 (GLOBE NEWSWIRE) -- Select Interior Concepts, Inc. (NASDAQ:SIC), a premier installer and nationwide distributor of interior building products, previously announced that it will release its financial results for the first quarter ended March 31, 2021 on Thursday, May 6, 2021 before the market opens. In order to best accommodate analysts' and investors' ability to participate in the Company's and other building product companies' conference calls, Select Interior Concepts will now host its first quarter earnings conference call on Thursday, May 6th at 10:00 AM ET. To participate in the conference call, please dial 1-855-327-6838 from the U.S. approximately 15 minutes
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4 - Select Interior Concepts, Inc. (0001723866) (Issuer)
4 - Select Interior Concepts, Inc. (0001723866) (Issuer)
4 - Select Interior Concepts, Inc. (0001723866) (Issuer)
4 - Select Interior Concepts, Inc. (0001723866) (Issuer)
4 - Select Interior Concepts, Inc. (0001723866) (Issuer)
4 - Select Interior Concepts, Inc. (0001723866) (Issuer)
4 - Select Interior Concepts, Inc. (0001723866) (Issuer)
4 - Select Interior Concepts, Inc. (0001723866) (Issuer)
4 - Select Interior Concepts, Inc. (0001723866) (Issuer)
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ATLANTA, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Select Interior Concepts, Inc. (NASDAQ:SIC), a premier nationwide distributor of interior building products, today announced its financial results for the second quarter ended June 30, 2021. SECOND QUARTER 2021 FINANCIAL HIGHLIGHTS COMPARED TO SECOND QUARTER 2020; excludes the RDS business segment which was sold on June 30, 2021 Consolidated net revenue of $67.2 million, compared to $52.0 millionGross profit was $20.0 million, compared to $13.2 millionNet income from continuing operations was $2.5 million, or $0.10 basic earnings per share (EPS), compared to net loss from continuing operations of ($0.3 million), or ($0.01) basic EPSAdjusted EBIT
Shareholders to receive $14.50 per share in an all-cash transaction providing attractive valuationSelect Interior Concepts to become privately owned company as part of Sun Capital's portfolioQ2 2021 earnings call previously scheduled for August 9, 2021 cancelled ATLANTA, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Select Interior Concepts, Inc. (NASDAQ:SIC), a premier distributor of interior building products, today announced that it has entered into a definitive agreement under which an affiliate of Sun Capital Partners, Inc. ("Sun Capital") will acquire Select Interior Concepts ("SIC") for approximately $411 million in an all-cash transaction (the "Merger Transaction"). Under the terms of the ag
ATLANTA, July 28, 2021 (GLOBE NEWSWIRE) -- Select Interior Concepts, Inc. (NASDAQ:SIC), a premier distributor of interior building products, announced today that it will release its financial results for the second quarter ended June 30, 2021 on Monday, August 9, 2021 after the market closes. A conference call to discuss the results will be held on the same day at 5:00 PM ET and will be hosted by Bill Varner, Jr., Chief Executive Officer, and Nadeem Moiz, Chief Financial Officer and Chief Operating Officer. To participate in the conference call please dial 1-800-458-4121 from the U.S. approximately 15 minutes before the call. International callers can dial 1-720-543-0206. A webcast will a
ATLANTA, May 06, 2021 (GLOBE NEWSWIRE) -- Select Interior Concepts, Inc. (NASDAQ:SIC), a premier installer and nationwide distributor of interior building products, today announced its financial results for the first quarter ended March 31, 2021. FIRST QUARTER 2021 FINANCIAL HIGHLIGHTS COMPARED TO FIRST QUARTER 2020 Consolidated net revenue of $137.8 million, compared to $134.4 millionGross profit was $33.9 million, compared to $30.7 millionNet loss was ($1.8) million, or ($0.07) earnings per share (EPS), compared to ($4.0) million, or ($0.16) EPSAdjusted EBITDA of $9.6 million, compared to $4.5 millionOperating cash flow provided $5.7 million, compared to $7.8 millionLiquidity of $7
ATLANTA, March 15, 2021 (GLOBE NEWSWIRE) -- Select Interior Concepts, Inc. (NASDAQ: SIC), a premier installer and nationwide distributor of interior building products, today announced its financial results for the fourth quarter and full year ended December 31, 2020. FOURTH QUARTER 2020 FINANCIAL HIGHLIGHTS COMPARED TO FOURTH QUARTER 2019 Consolidated net revenue of $144.2 million, compared to $155.2 millionGross profit was $35.2 million, compared to $38.8 millionNet loss was ($3.2 million), or ($0.13) earnings per share (EPS), compared to net income of $3.2 million, or $0.13 EPSEBITDA of $6.1 million, compared to $12.1 millionAdjusted EBITDA o
Gig Harbor, Washington, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (NASDAQ:HCDI, HCDIP, HCDIW, HCDIZ))) ("Harbor," "Harbor Custom Homes®," or the "Company"), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced the hiring of Lance Brown, as the Company's Chief Financial Officer, effective November 1, 2021. "We are thrilled to welcome Lance Brown to the Harbor team. His experience as a highly successful financial executive of a publicly traded company in our industry provides both the expertise and financial leadership to drive Harbor's rapid expansion into the nation's fastest-growing metro r
ATLANTA, March 01, 2021 (GLOBE NEWSWIRE) -- Select Interior Concepts, Inc. (“SIC” or the “Company”) (NASDAQ: SIC), a premier installer and nationwide distributor of interior building products, today announced that Karl Adrian will join the Company as President, Residential Design Services effective March 1, 2021. L.W. (Bill) Varner, Jr., Chief Executive Officer of SIC, commented, “We’re delighted to welcome Karl Adrian, a seasoned executive with an impressive background in sales, marketing, and operations, to the SIC team. A global leader with proven success in strategic planning, supply chain development and operational excellence, he will be responsible for driving all aspects of RD