C H Robinson Worldwide Inc Stock Price, News & Analysis

C.H. Robinson (Nasdaq: CHRW) will present at two upcoming virtual conferences: the Stifel 2021 Virtual Transportation & Logistics Conference on February 9, 2021, at 3:20 p.m. ET and the Citi 2021 Global Industrials Virtual Conference on February 16, 2021, at 2:40 p.m. ET. Both fireside chat discussions will be accessible live on the Investors section of the company’s website. A replay will be available for two months thereafter. C.H. Robinson is a leading logistics provider, managing $21 billion in freight with 19 million shipments annually.

C.H. Robinson Worldwide (Nasdaq: CHRW) declared a quarterly cash dividend of $0.51 per share, payable on April 1, 2021, to shareholders on record as of March 5, 2021. The company has consistently paid dividends for over twenty-five years, reflecting its stable financial position. As of February 4, 2021, there are approximately 133,918,904 shares outstanding. C.H. Robinson operates one of the largest logistics platforms globally, managing $21 billion in freight and facilitating 19 million shipments annually.

C.H. Robinson reported Q4 2020 financial results with total revenues rising 19.9% to $4.5 billion. Gross profits increased 10.5% to $636.1 million, while adjusted gross profits grew 10.7% to $640.6 million. Income from operations surged 51.2% to $206.8 million, and diluted EPS rose 47.9% to $1.08. However, cash flow from operations dropped 23.4% to $162.1 million. For the full year, revenues went up 5.9% to $16.2 billion, but gross profits fell 7.0% to $2.4 billion and diluted EPS decreased 11.2% to $3.72.

C.H. Robinson Worldwide, Inc. (Nasdaq: CHRW) will announce its fourth quarter 2020 results during a conference call on January 27, 2021, at 8:30 a.m. ET. The results will be released after market close on January 26, 2021. CEO Bob Biesterfeld, CFO Mike Zechmeister, and Director of Investor Relations Chuck Ives will host the call. Participants can submit questions via email. An audio replay will be available post-call. C.H. Robinson is a leading logistics provider, managing nearly $20 billion in freight each year for over 119,000 customers.

C.H. Robinson Worldwide, Inc. (Nasdaq: CHRW) announced a quarterly cash dividend of $0.51 per share, payable on January 4, 2021, to shareholders of record by December 14, 2020. The company has consistently paid dividends for over twenty-five years. As of December 3, 2020, there were approximately 135,317,023 shares outstanding. C.H. Robinson operates as one of the world's largest logistics platforms, managing nearly $20 billion in freight annually and serving more than 119,000 customers globally.

C.H. Robinson reported Q3 2020 results, highlighting a 9.6% increase in total revenues to $4.2 billion. However, net revenues fell 7.0% to $589.3 million due to rising costs. Income from operations dropped 16.3% to $168.2 million, and operating margin declined by 310 basis points to 28.6%. Diluted EPS decreased 6.5% to $1.00. Cash flow from operations saw a significant decrease, falling $335.9 million year-over-year. Despite these challenges, the CEO noted progress on strategic initiatives aimed at enhancing productivity and market share.

C.H. Robinson Worldwide, Inc. (Nasdaq: CHRW) will hold its quarterly conference call on October 28, 2020, at 8:30 a.m. ET, to discuss Q3 2020 results, which will be released after market close on October 27, 2020. Participants can submit questions in advance via email. Bob Biesterfeld, CEO, and Mike Zechmeister, CFO, will host the call. An audio replay will be available until November 4, 2020. C.H. Robinson is a leading logistics provider with nearly $20 billion in freight under management.

C.H. Robinson has appointed Kermit Crawford as a new director, bringing over 30 years of retail experience. Currently serving on the boards of TransUnion and The Allstate Corporation, he has notable expertise in audit and compliance. Crawford previously held CEO roles at Rite Aid and has had a long tenure at Walgreens. Chairman Scott P. Anderson expressed optimism about Crawford's contributions to the company, emphasizing his customer-centric experience. This appointment is seen as a strategic move to enhance the board’s leadership and drive future success for C.H. Robinson (Nasdaq: CHRW).