Thursday, May 10th, 2012

The Company alsooffers a broad range of expedited and logistical services for both its domesticand global markets

June 14, 2010 by admin  
Filed under Entertainment

The Company alsooffers a broad range of expedited and logistical services for both its domesticand global markets.OLD DOMINION FREIGHT LINE, INC.Financial Highlights (In thousands, except per share amounts) Three Months Ended March 31,2009 2008 % Chg. In addition to domesticless-than-truckload services, the Company offers assembly and distributionservices as well as container delivery services to and from all of NorthAmerica, Central America, South America and the Far East. Inaddition, the absence of Federal Stimulus Payments will likely cause revenue andearnings from U.S pawn operations to be below the prior year. However,management believes the anniversary revenue challenges discussed for the firsthalf of 2009 could begin to improve in the second half of the year if loandemand firms for both pawn and cash advance products. The impact of regulatorychanges in our Ohio storefront locations and the anticipated decrease incustomers in Pennsylvania and Minnesota in the online channel will cause revenueand earnings for the cash advance segment to be down in the second quarter. Other elements expected to affect the growth inrevenue include the potential impact of the regulatory governance of loanproducts, the continued growth and development of the Mexican pawn operationsand the development and expansion of the Company`s online and card baseddistribution channels for its cash advance products.

A live web cast of the call will beavailable on the Investor Relations section of the Company`s corporate web site(). To listen to the live call, please go to the web site atleast fifteen minutes early to register, download, and install any necessaryaudio software. A replay will be available on the Company`s web site for 90 daysfollowing the conference call. Additionally, the Company announced that the Board of Directors, at itsregularly scheduled quarterly meeting, declared a $0.035 (3.5 cents) per sharecash dividend on common shares outstanding. The dividend will be paid at theclose of business on May 20, 2009 to shareholders of record on May 6, 2009. Outlook for the Second Quarter of 2009 and the 2009 Fiscal YearManagement believes that the opportunities for sustained growth in revenue andearnings will be largely associated with the customer demand for the creditproducts provided by the Company, which take the form of pawn loans andshort-term cash advances. Revenue from pawn loans was up 22% becauseof the higher balances outstanding and portfolio performance, which led thegreater earnings results in this segment.

As we expected, revenue and earningsfrom our cash advance segment were adversely affected by rule changes to ourcash advance product offering in Ohio and Florida and to a lesser extent inPennsylvania. The first quarter of 2009 has been a period of significantadjustment which we have handled better than we expected.” Cash America will host a conference call to discuss the first quarter results onThursday, April 23rd at 7:45 AM CDT. andMexico based pawn operations and the unexpected continuation of our online cashadvance offering in certain states. Feehan, President and ChiefExecutive Officer of Cash America said, “The first quarter results were aboveour initial expectations due to the strong contribution of both our U.S. The decline in revenue in the cash advance segment was largelyattributable to operations in states impacted by changes in the regulatoryenvironment late in 2008 Commenting on the first quarter results, Daniel R. This waspartially offset by a decline in the total revenue from the Company`s cashadvance segment, which posted a 6% decrease in total revenue to $80.3 millionduring the first three months of 2009 compared to $85.5 million in the sameperiod in 2008. Total revenue increased 7% to $268.1 million for the three-month period endedMarch 31, 2009 compared to $250.9 million in the year ago period.

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