latest news releases from the newsroom
Summit Financial Group, Inc.
Summit Financial Group Reports Second Quarter 2008 Earnings
MOOREFIELD, W.Va., July 25, 2008 (PRIME NEWSWIRE) -- Summit Financial Group, Inc. (the "Company" or "Summit") (Nasdaq:SMMF) today reported second quarter 2008 net income of $2.6 million, or $0.35 per diluted share. This compares with second quarter 2007 earnings from continuing operations of $3.0 million, or $0.42 per diluted share. On a diluted per share basis, earnings for second quarter 2008 decreased 16.7 percent from 2007 second quarter earnings from continuing operations. For the second quarter of 2008, the returns on average shareholders' equity and average assets were 11.16 percent and 0.70 percent, respectively, compared with prior-year second quarter ratios of 14.15 percent and 0.94 percent, excluding discontinued operations.
Theater Xtreme Entertainment Group, Inc.
Theater Xtreme of Sacramento Opens to Big Showing
NEWARK, Del., July 25, 2008 (PRIME NEWSWIRE) -- Theater Xtreme Entertainment Group, Inc. (OTCBB:TXEG), a nationwide retailer and installer of real movie theaters for the home, announced the grand opening of its newest franchise location in Roseville, Calif., an upscale suburb of Sacramento. The design center, which opened on July 20, is operated by Brian Leong of Sacramento.
Johnson Outdoors Inc.
Johnson Outdoors Inc. Announces Fiscal 2008 Third Quarter Results
RACINE, Wis., July 25, 2008 (PRIME NEWSWIRE) -- Johnson Outdoors Inc. (Nasdaq:JOUT), a leading global outdoor recreation company, today announced net sales from continuing operations of $141.2 million for the third quarter ended June 27, 2008 compared to net sales of $149.9 million for the prior year third quarter. Earnings from continuing operations of $7.9 million, or $0.85 per diluted share for the third quarter of 2008, compared unfavorably to earnings from continuing operations of $8.3 million, or $0.90 per diluted share, in the prior year quarter.