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Reliance, Inc. (NYSE:RS ) Jefferies Mining and Industrials Conference 2025 September 3, 2025 3:30 PM EDT Company Participants Karla Lewis - President, CEO & Director Stephen Koch - Executive VP & COO Conference Call Participants Albert Realini - Jefferies LLC, Research Division Presentation Albert Realini Equity Associate Good afternoon, everybody. My name is Albert Realini.
RS secures a $400 million loan to refinance debt, extend maturities and boost flexibility for growth and shareholder returns.
SCOTTSDALE, Ariz., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE: RS) announced today that effective August 14, 2025, it has entered into a $400 million unsecured term loan facility maturing August 2028 (the “Facility”). The proceeds of the Facility were used to refinance the Company's $400 million senior unsecured notes maturing August 15, 2025. The new Facility complements Reliance's existing capital structure, further optimizing its balance sheet while maintaining ample capacity to invest in high-return opportunities.
Reliance is a market leader in North American metals service centers, boasting strong margins, resilient growth, and a disciplined acquisition strategy. Despite impressive long-term compounding and financial strength, the stock currently trades at a slight premium based on my DCF valuation. Short-term uncertainty from tariffs and commodity cycles may pressure margins, but lower rates could serve as a near-term catalyst for growth.
Reliance, Inc. (NYSE:RS ) Q2 2025 Earnings Conference Call July 24, 2025 11:00 AM ET Company Participants Arthur Ajemyan - CFO & Senior VP Karla R. Lewis - President, CEO & Director Stephen P.
RS misses Q2 earnings estimates despite higher revenues, with pressure from lower selling prices.
Reliance (RS) came out with quarterly earnings of $4.43 per share, missing the Zacks Consensus Estimate of $4.72 per share. This compares to earnings of $4.65 per share a year ago.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
SCOTTSDALE, Ariz., July 09, 2025 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE:RS) announced today that it will report second quarter 2025 financial results for the period ended June 30, 2025, on Wednesday, July 23, 2025, after the market closes. Reliance management will host a conference call on Thursday, July 24, 2025, at 11:00 a.m. Eastern Time. The call will be broadcast live over the Internet hosted on the Investors section of the Company's website at reliance.com.
ARLINGTON, MA — The town entered into a contract with a new waste collection company earlier this week. In May, Town Manager Jim Feeney announced that the town had reached an agreement with Waste Management to be Arlington’s new waste hauler. New 65-gallon trash and recycling receptacles arrived at residents’ homes in June to allow for the new automatic pickup system, as opposed to a previous manual system. Feeney said WM was the most cost-efficient option for the town. “Over the life of this contract, Arlington is expected to save at least $10 million compared to the manual collection program we use today,” Feeney said. “It is also anticipated there will be cleaner streets because all carts will have lids.” The town is instructing residents to leave their bins three feet away from the curb and three feet from each other when being put out for pickup. However, some community members have said that the transition has not been the smoothest. Resident Alex Townsend said that