Blackhawk Network Holdings, Inc. (HAWK) - NASDAQ
  • Oct. 13, 2015, 7:27 PM
    • Though Blackhawk Network (NASDAQ:HAWK) beat FQ3 estimates, it guided in its earnings slides (.pdf) for FQ4 adjusted operating revenue of $365M-$385M (+17%-23% Y/Y) and EPS of $1.18-$1.26, largely below a consensus of $398.4M and $1.25.
    • The prepaid/gift card vendor states lower pass-through marketing revenue is mostly responsible for the revenue forecast. Shares have fallen to $42.11 after hours.
    • FQ3 results, PR
    | Oct. 13, 2015, 7:27 PM | 3 Comments
  • Jul. 21, 2015, 5:40 PM
    | Jul. 21, 2015, 5:40 PM | 13 Comments
  • Sep. 25, 2014, 9:17 AM
    | Sep. 25, 2014, 9:17 AM
  • Mar. 6, 2014, 5:10 PM
    • As rumored, Supermarket chain owner Albertsons, controlled by an investor group led by P-E firm Cerberus, is acquiring Safeway (SWY). Investors are unhappy with the specific deal terms. (PR)
    • Albertson's will pay $32.50/share in cash, distribute proceeds from the sale of Safeway's real estate subsidiary assets and Casa Ley stake (estimated value of $3.65/share), and distribute Safeway's 37.8M Blackhawk Network (HAWK) shares (current value of $3.95/share).
    • The deal is expected to close in Q4, has a $400M termination fee, and comes with a 21-day go-shop period. Albertsons plans to fund the deal with the help of $7.6B in debt financing.
    | Mar. 6, 2014, 5:10 PM | 11 Comments
  • Feb. 20, 2014, 12:47 PM
    | Feb. 20, 2014, 12:47 PM
  • Feb. 19, 2014, 5:37 PM
    • Top gainers, as of 5:15 p.m.: TSLA +11.5%. AVG +8.6%. AWAY +7.1%. FSM +6.6%. PRAA +5.0%.
    • Top losers, as of 5:15 p.m.: ONTX -35.6%. HAWK -13.3%. MM -9.4%. RBCN -6.1%. GDP -5.5%.
    | Feb. 19, 2014, 5:37 PM | 3 Comments
  • Feb. 19, 2014, 4:18 PM
    • In tandem with its Q4 results, Safeway (SWY) announces it's "in discussions concerning a possible transaction involving the sale of the company."
    • The company also says it's exploring options for monetizing its 49% stake in Mexican grocery store chain Casa Ley, and has decided to distribute its 37.8M-share, 72.2% stake in Blackhawk Network (HAWK) to shareholders. Blackhawk shares are down 1.2% AH.
    • Q4 results, PR
    • Previous: Safeway reportedly open to talks with P-E firms
    | Feb. 19, 2014, 4:18 PM | 8 Comments
  • Oct. 10, 2013, 9:12 AM
    • Blackhawk Network (HAWK): Q3 EPS of $0.08 beats by $0.03.
    • Revenue of $206M (+25% Y/Y) misses by $4.94M. Shares -1.2% premarket. (PR)
    | Oct. 10, 2013, 9:12 AM
  • May 2, 2013, 9:15 AM

    Blackhawk Networks (HAWK, SWY) is up 3.6% in premarket trading. The gift card company's relationship with Visa could be giving it a boost after Visa sailed past Q1 estimates.

    | May 2, 2013, 9:15 AM
  • Apr. 19, 2013, 11:50 AM

    Gift card seller Blackhawk Network (HAWK) delivers a solid IPO. After pricing its 10M-share offering at $23, above a range of $20-$22, the Safeway (SWY -0.5%) unit opened at $25 and is currently trading at $25.62, up 11.4%. That gives Blackhawk, which sells cards via a network of 100K+ retail locations and supports top brands such as Apple, Visa, and Starbucks, a market cap of $1.33B. Blackhawk posted 2012 revenue of $959.1M (+28% Y/Y), and net income of $48.2M. Safeway now owns 81% of the company. (S-1)

    | Apr. 19, 2013, 11:50 AM
Company Description
Blackhawk Network Holdings, Inc. provides prepaid and payment network services. It operates through the following segments: U.S. Retail and Incentives & Rewards and International Retail. The U.S. Retail and Incentives & Rewards segment consists of the various operating segments of U.S. retail... More
Sector: Financial
Industry: Credit Services
Country: United States