Roadrunner Transportation Systems, Inc. generates more than $2 billion in annual sales – yet in a growing trucking industry, CreditRiskMonitor subscriber crowdsourcing provides us a key warning signal that the company may be headed towards a breakdown.
CreditRiskMonitor reported that operating revenues of $18 million, an increase of approximately $1 million or 5%, for the year ended December 31, 2022, as compared to 2021.
Time ran out for health retailer GNC Holdings, Inc. in their quest to shape up their balance sheet. The popular house of nutrition suffered mightily under the weight of debt.
A blueprint for bankruptcy? New Jersey-based residential home builder Hovnanian Enterprises, Inc. pays its bills on time - yet we're seeing an exceptional amount of financial risk in this company.
CreditRiskMonitor® reported operating revenues of $4.7 million, an increase of approximately $232 thousand or 5%, for the second quarter of fiscal 2023 compared to the same period of fiscal 2022.
California Resources Corporation could not stave off bankruptcy in 2020, hit simultaneously by a price war in oil & gas and the worldwide coronavirus pandemic.
Retail leader Fred's, Inc. tried to stave off Chapter 11 with new leadership while hundreds of their drugstores closed for good. A household name in much of the U.S., we look at what led to their rapid decline.
CreditRiskMonitor reported operating revenues of $4.8 million, an increase of approximately $245 thousand or 5%, for the third quarter of fiscal 2023 compared to the same period of fiscal 2022.
Make sure you have a way to monitor financial risk in public companies - if you aren't proactive, you may be facing trouble.