ROIC Stock Recent News
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Retail Opportunity Investments Corp. owns and operates grocery and drug-anchored grocery stores located in the Western Coast of the U.S. In the first quarter, the company reported a record portfolio leased rate on record quarterly activity levels. The company also improved their debt profile by significantly reducing their floating rate exposure.
Retail Opportunity Investments (ROIC) came out with quarterly funds from operations (FFO) of $0.25 per share, missing the Zacks Consensus Estimate of $0.26 per share. This compares to FFO of $0.28 per share a year ago.
Retail Opportunity Investments Corp. is the largest grocery-anchored publicly traded REIT exclusively focused on the West Coast market. Strong operating fundamentals enabled the company to post record results in 2022 on several fronts.
SAN DIEGO, March 09, 2023 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC) will issue financial and operational results for the first quarter ended March 31, 2023, after the market closes on April 25, 2023. The Company will conduct a conference call and audio webcast on Wednesday April 26, 2023, at 9:00 a.m. Eastern Time / 6:00 a.m. Pacific Time.
Americans love to shop. Buying stuff is a part of this country's DNA.
Retail Opportunity Investments Corp. (NASDAQ:ROIC ) Q4 2022 Earnings Conference Call February 16, 2023 12:00 PM ET Company Participants Laurie Sneve - Chief Accounting Officer Stuart Tanz - Chief Executive Officer Michael Haines - Chief Financial Officer Richard Schoebel - Chief Operating Officer Conference Call Participants Wesley Golladay - Robert W. Baird & Co. Lizzy Doykan - Bank of America Merrill Lynch Juan Sanabria - BMO Capital Markets Craig Mailman - Citigroup Inc. Todd Thomas - KeyBanc Capital Markets Michael Mueller - JPMorgan Chase & Co. Operator Welcome to the Retail Opportunity Investments 2022 Fourth Quarter and Year-End Conference Call.
Retail Opportunity Investments (ROIC) delivered FFO and revenue surprises of 0% and 2.39%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
SAN DIEGO, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC) will issue financial and operational results for the fourth quarter and year ended December 31, 2022, after the market closes on Wednesday, February 15, 2023. The Company will conduct a conference call and audio webcast on Thursday, February 16, 2023 at 9:00 a.m. Pacific Time / 12:00 p.m. Eastern Time.
The Kroger Company has announced the acquisition of Albertsons Companies. Albertsons and its related retailers have long been REIT anchor tenants.
ROIC is a REIT exclusively focused on the West Coast of the U.S., with a portfolio of necessity-based community and neighborhood shopping centers. The company is posting record leasing statistics and has achieved an overall occupancy rate that is on par with the levels last attained prior to 2020.