Secret Site Map
Monday, December 22, 2014

Home News ServiceMaster Reports 'Modest' Q1 Growth

ServiceMaster Reports 'Modest' Q1 Growth

News Coverage

The parent company of Terminix reported increased first quarter 2011 revenues of $615 million, up 5.9 percent from the first quarter of 2010.

| May 27, 2011

 
Months after Memphis-based The ServiceMaster Co. sold off its TruGreen LandCare subsidiary, the new ServiceMaster CEO said TruGreen lawn services has to improve its performance for investors and for clients of the lawn maintenance service, according to an article in the Memphis Daily News.

ServiceMaster CEO Hank Mullany was blunt about what he considers TruGreen’s poor performance as well as plans for expanding ServiceMaster’s reach.

“These results simply aren’t acceptable,” Mullany told investors and analysts Wednesday, May 25, on a first quarter financial results conference call.

The ServiceMaster Co. reported increased first quarter 2011 revenues of $615 million, up 5.9 percent from the first quarter of 2010.

The company’s first quarter earnings call Wednesday was the first since Mullany became CEO in April.

Interim Chief Financial Officer David Martin termed the results “modest growth in revenue and operating performance” for a quarter that is traditionally “the least important reporting period” for the company.

Source: Memphis Daily News

Top news

PCT Announces Winner of 13th Annual Photo Contest

Mark VanderWerp, manager of education and training at Rose Pest Solutions, takes home top honors with his photo of a jumping spider perched on a “succulent” plant.

Alpha Ecological Participates in Downtown Boulder’s Lights of December Parade

The parade featured floats from various local businesses, churches, and civic centers in the Boulder area.

Malden High Schools Collaborate with Yankee Pest Control in Mural Contest

Students from Walden, Mass., area high schools painted murals on the backside of Yankee Pest Control's building for a competition. Yankee generously paid for all of the paint supplies and tarps, and provided pizza and refreshments to all of the students each time they were on site.

El Paso Truly Nolen Acquires Fox Pest Control

Truly Nolen expands its Texas footprint with the acquistion of Fox Pest Control, a well established company.

Florida PCO to Provide Three Free Bed Bug Jobs for Christmas

This Christmas season Keller's Pest Control, Bradenton, Fla., will reward three needy families free bed bug treatments, the Bradenton Herald reported.

x