Welcome to our dedicated page for Rollins news (Ticker: ROL), a resource for investors and traders seeking the latest updates and insights on Rollins stock.
News about Rollins, Inc. (NYSE: ROL) centers on its role as a global consumer and commercial pest control services company and its activities as a publicly traded stock. Through its family of brands, including Orkin and numerous regional pest management companies, Rollins provides essential pest control services and protection against termite damage, rodents, and insects to more than 2.8 million customers worldwide. Company news often reflects both operational developments in pest control and financial updates relevant to ROL shareholders.
Investors following Rollins news can expect regular announcements of quarterly and full-year financial results, including details on revenue, margins, earnings, cash flow, and non-GAAP metrics such as adjusted operating income and adjusted EBITDA. The company typically pairs earnings releases with conference calls and webcasts, offering management commentary on performance and capital allocation, including acquisitions, capital expenditures, dividends, and share repurchases.
Rollins news also includes disclosures about capital markets transactions involving its common stock, such as secondary public offerings by existing stockholders and related share repurchases by the company, as reported in Form 8-K filings and press releases. In addition, Rollins announces participation in investor conferences and analyst events, where leadership discusses strategic priorities and business performance.
Because Rollins operates a large portfolio of pest control brands, news may also highlight brand-level initiatives, public education campaigns, and industry insights, such as Orkin’s reporting on rodent activity trends in major cities. For investors, analysts, and others tracking ROL, this news page aggregates these updates in one place, making it easier to review financial announcements, capital markets activity, and operational developments affecting the company’s pest control business.
Rollins, Inc. (NYSE: ROL) has announced the election of Patrick Gunning to its Board of Directors, succeeding Jimmy Williams, who retires after 42 years of service. Gunning, who has extensive experience in financial management, previously served as CFO of the Robert W. Woodruff Arts Center and held multiple leadership roles at Ernst & Young. He is a Certified Public Accountant and brings valuable expertise in financial reporting, capital markets, and mergers. The management transition aims to strengthen the board's strategic capabilities.
Rollins, Inc. (NYSE:ROL) has announced the election of Susan Bell to its Board of Directors, effective January 1, 2021. Bell succeeds Bill Dismuke, who is retiring. With a 36-year career at Ernst and Young, Bell brings extensive experience in audit, risk advisory, and financial services. She is a Certified Public Accountant and has served in various leadership roles, demonstrating expertise in enterprise risk management, compliance, and financial systems. CEO Gary W. Rollins emphasized that Bell's diverse experience will be critical in shaping the company's future.
Rollins, Inc. (NYSE: ROL) reported a 4.9% increase in total revenue for Q3 2020, reaching $583.7 million compared to $556.5 million in Q3 2019. The company’s EPS was $0.24 with adjusted EPS at $0.26, showing improvement from $0.13 and $0.22 respectively in the prior year. Net income grew to $79.6 million from $44.1 million. Residential revenue increased 10.6%, offsetting commercial impacts. The company attributed profit gains to cost containment, routing enhancements, and lower fuel prices, though PPE expenses partially offset savings.
Rollins (NYSE: ROL) announced the retirement of long-serving board member Bill J. Dismuke, who contributed 36 years of leadership since 1984. Jerry W. Nix has been appointed to the board, bringing extensive financial expertise from his tenure as former CFO of Genuine Parts Company. Nix's appointment is expected to benefit Rollins with his diverse experience in finance and management. The company, a global leader in pest control services, operates under various brands, serving millions of customers across multiple continents.
Rollins, Inc. (NYSE:ROL) has announced a three-for-two stock split approved by its Board of Directors, effective December 10, 2020. Shareholders of record as of November 10, 2020, will receive one additional share for every two shares held, with cash paid for fractional shares. Additionally, the company declared a regular quarterly cash dividend of $0.08 per share and a special year-end dividend of $0.13 per share, both payable on December 10, 2020.
Orkin has published its annual Top 50 Rattiest Cities List, revealing Chicago as the top city for the sixth consecutive year. The list is based on rodent treatments conducted from September 1, 2019, to August 31, 2020. Baltimore joins the Top 10 at eighth place, while San Diego climbs to 19th. Increased rodent visibility has raised concerns, particularly due to pandemic-related changes in food availability. Rodents can cause significant structural damage and health risks, making prevention crucial as colder months approach. Homeowners are advised to take proactive measures to avoid infestations.
Rollins, Inc. (NYSE: ROL) announced it will release its unaudited third quarter and nine months financial results for the period ending September 30, 2020 on October 28, 2020. The company will host a conference call on the same day at 10:00 AM ET to discuss its financial and operating results. Interested parties can join the call by dialing 1-877-407-9716 (domestic) or 1-201-493-6779 (international) with the conference ID 13710819. A replay will be available until November 4, 2020.
The Rollins Board of Directors has announced significant leadership changes, promoting Gary W. Rollins to Board Chairman, John Wilson to Vice Chairman, and Jerry Gahlhoff to President/COO. Wilson, with over two decades at Rollins, will focus on critical projects and mentorship for emerging leaders. Gahlhoff has a strong tenure since the HomeTeam acquisition in 2008, recently leading multiple brands under Rollins. The Board emphasizes the extensive experience and leadership qualities of both Wilson and Gahlhoff as vital for the company's future.
On August 26, 2020, Rollins, Inc. (NYSE: ROL) announced the election of Harry J. Cynkus as a new Director. Cynkus previously served as Senior Vice President, CFO, and Treasurer of Rollins from 1998 to 2015. With extensive experience in finance from companies such as Tyco International and ARAMARK, his addition is seen as beneficial for the Board. Gary W. Rollins, Vice Chairman, expressed confidence in Cynkus's skills contributing to the company's growth.
Rollins, Inc. (NYSE:ROL) announced the passing of R. Randall Rollins, Chairman of the Board, at the age of 88. His death is a significant loss for the company, which he dedicated over 70 years of service. Vice Chairman Gary W. Rollins and Lead Director Henry B. Tippie will continue in their leadership roles during the succession planning process. Mr. Rollins was instrumental in the company's growth and diversification, including major business moves like the acquisition of Orkin Pest Control in 1964. He is survived by his wife and children.
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