Letter to shareholders, July 18, 2016: We grew by 1.7m members in Q2 finishing with over 83 million members. This is below our forecast of 2.5m net new members and our prior year Q2 net additions of 3.3m. We are growing, but not as fast as we would like or have been. Disrupting a big market can be bumpy,...

Highlights: * Net earnings of $218.5 million, or $0.95 per diluted share, compared to net earnings of $183.0 million, or $0.79 per diluted share * Deliveries of 6,724 homes – up 12% * New orders of 7,962 homes – up 10%; new orders dollar value of $2.9 billion – up 11% * Backlog of 9,014 homes –...

Ross Stores Inc. reported earnings per share for the 13 weeks ended April 30, 2016 of $.73, for a 6% gain on top of a robust 19% increase in the prior year period. Net earnings for the 2016 first quarter were $291 million, up from $282 million last year. Sales increased 5% to $3.089 billion, with comparable...

The Home Depot, the world’s largest home improvement retailer, today reported sales of $22.8 billion for the first quarter of fiscal 2016, a 9.0 percent increase from the first quarter of fiscal 2015. Comparable store sales for the first quarter of fiscal 2016 were positive 6.5 percent, and comp...

Editor’s note: Three large housing communities are planned for the Tejon Ranch in northwestern Los Angeles County and southern Kern County. The Centennial project is planned for up to 19,333 homes at Quail Lake (L.A. County); Tejon Mountain Village is approved for 3,450 homes at Lebec (Kern County);...

Wesco Aircraft Holdings Inc., the world’s leading provider of comprehensive supply chain management services to the global aerospace industry, announced results for its fiscal 2016 second quarter. Fiscal 2016 Second Quarter Highlights * Net sales of $376.7 million, down 2.3 percent * Net sales...

President and CEO Tamara Gurney of Mission Valley Bancorp, parent company of Mission Valley Bank, announced unaudited financial results for the first quarter ended March 31, 2016. Gurney stated, “As we enter into our 15th year of operation, I am very pleased to report that Mission Valley Bancorp...

Sierra Bancorp, parent of Bank of the Sierra, today announced its unaudited financial results for the quarter ended March 31, 2016.  Sierra Bancorp recognized consolidated net income of $4.036 million for the quarter, an improvement of $298,000, or 8%, relative to net income in the first quarter of...

Carnival Corp. & plc announced adjusted net income of $301 million, or $0.39 diluted earnings per share, for the first quarter of 2016 compared to adjusted net income for the first quarter of 2015 of $159 million, or $0.20 diluted earnings per share. For the first quarter of 2016, U.S. GAAP net income...

* Net earnings of $144.1 million, or $0.63 per diluted share, compared to net earnings of $115.0 million, or $0.50 per diluted share * Deliveries of 4,832 homes – up 12% * New orders of 5,794 homes – up 10%; new orders dollar value of $2.1 billion – up 15% * Backlog of 7,670 homes – up 13%; backlog...