ArcBest Corp Files 8-K on Financials
Ticker: ARCB · Form: 8-K · Filed: Apr 30, 2024 · CIK: 894405
| Field | Detail |
|---|---|
| Company | Arcbest CORP /De/ (ARCB) |
| Form Type | 8-K |
| Filed Date | Apr 30, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-results, sec-filing
Related Tickers: ARCB
TL;DR
ArcBest (ARCB) dropped an 8-K on April 30th detailing Q1 financials.
AI Summary
ArcBest Corporation filed an 8-K on April 30, 2024, reporting results of operations and financial condition. The filing details the company's financial performance and related exhibits for the period ending April 30, 2024. ArcBest Corporation, formerly Arkansas Best Corp, is incorporated in Delaware and operates in the trucking industry.
Why It Matters
This 8-K filing provides investors with crucial updates on ArcBest Corporation's financial health and operational performance, impacting investment decisions.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of financial results and does not indicate any unusual or significant risks.
Key Players & Entities
- ArcBest Corporation (company) — Registrant
- Arkansas Best Corp (company) — Former company name
- Delaware (jurisdiction) — State of incorporation
- April 30, 2024 (date) — Date of report
- 479-785-6000 (phone_number) — Registrant's telephone number
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report on ArcBest Corporation's results of operations and financial condition.
When was this 8-K filed?
This 8-K was filed on April 30, 2024.
What is the former name of ArcBest Corporation?
The former name of ArcBest Corporation was Arkansas Best Corp /DE/.
In which state is ArcBest Corporation incorporated?
ArcBest Corporation is incorporated in Delaware.
What is the principal executive office address for ArcBest Corporation?
The principal executive office address for ArcBest Corporation is 8401 McClure Drive, Fort Smith, Arkansas 72916.
Filing Stats: 868 words · 3 min read · ~3 pages · Grade level 13.6 · Accepted 2024-04-30 06:00:58
Key Financial Figures
- $0.01 — ange on which registered Common Stock $0.01 Par Value ARCB Nasdaq Indicate by
Filing Documents
- arcb-20240430x8k.htm (8-K) — 52KB
- arcb-20240430xex99d1.htm (EX-99.1) — 1040KB
- arcb-20240430xex99d2.htm (EX-99.2) — 153KB
- arcb-20240430xex99d3.htm (EX-99.3) — 34KB
- arcb-20240430xex99d1001.jpg (GRAPHIC) — 10KB
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- arcb-20240430xex99d3g019.jpg (GRAPHIC) — 199KB
- 0001558370-24-006193.txt ( ) — 7519KB
- arcb-20240430.xsd (EX-101.SCH) — 3KB
- arcb-20240430_lab.xml (EX-101.LAB) — 15KB
- arcb-20240430_pre.xml (EX-101.PRE) — 10KB
- arcb-20240430x8k_htm.xml (XML) — 5KB
02 – RESULTS OF OPERATIONS AND FINANCIAL CONDITION
ITEM 2.02 – RESULTS OF OPERATIONS AND FINANCIAL CONDITION On April 30, 2024, ArcBest (Nasdaq: ARCB) (the "Company") issued a press release announcing its unaudited first quarter 2024 results. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference. Additional supplemental information and presentation slides to be used in connection with the scheduled conference call to discuss the fourth quarter and full year results are furnished as Exhibit 99.2 and Exhibit 99.3 to this Current Report on Form 8-K and incorporated herein by reference. The Company reports its financial results in accordance with generally accepted accounting principles ("GAAP"). However, management believes that certain non-GAAP financial measures and ratios and other information utilized for internal analysis provide analysts, investors, and others the same information that we use internally for purposes of assessing the Company's core operating performance and provide meaningful comparisons between current and prior period results, as well as important information regarding performance trends. The use of certain non-GAAP measures improves comparability in analyzing ArcBest's performance because it removes the impact of items from operating results that, in management's opinion, do not reflect ArcBest's core operating performance. The press release in Exhibit 99.1, the supplemental information in Exhibit 99.2, and the presentation slides in Exhibit 99.3 include certain non-GAAP information. Certain information discussed in the scheduled conference call could also be considered non-GAAP measures. Reconciliations of the non-GAAP measures to the most directly comparable financial measures calculated and presented in accordance with GAAP are included in Exhibit 99.1 herein, including reconciliations of GAAP earnings and earnings per share to non-GAAP financial measures, reconciliations of GAAP to non-GAAP effective tax rates,
01 – FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 – FINANCIAL STATEMENTS AND EXHIBITS Exhibit No. Description of Exhibit 99.1 Press release of ArcBest dated April 30, 2024 99.2 Supplemental information dated April 30, 2024 99.3 Earnings conference call presentation dated April 30, 2024 104 Cover Page Interactive Data File – The cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ARCBEST CORPORATION (Registrant) Date: April 30, 2024 /s/ Michael R. Johns Michael R. Johns Chief Legal Officer And Corporate Secretary