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January 2021 Taxable Sales Report for Lafayette Parish released
MGN Online
and last updated 2021-03-04 18:25:29-05
Lafayette, LAâ With more than $538 million in taxable sales in January, the year began 5.65% higher than January 2020 and 10.42% higher than January 2019. January 2021 sales are the highest on record for the month of January. As a barometer of consumer confidence, it is encouraging to see retail sales continue an upward trajectory as the first economic indicators of 2021 are being reported, says Gregg Gothreaux, President and CEO of the Lafayette Economic Development Authority. LEDA will monitor local indicators as we continue our recovery from the pandemic and energy sector downturn. Taxable sales is a concurrent indicator that adjusts at the same time as the overall economy.
LHC Group reports profits of $111.6 million in 2020
Lafayette-based home health company LHC Group reported an adjusted profit of $44.2 million, or $1.40 adjusted earnings per share, for the fourth quarter of 2020 an increase of 23%.
The company announced its fourth quarter results Thursday and held its earnings call Friday morning. For 2020, the company saw profits increase 16.6% to $111.6 million, or $3.56 per share. LHC Group plays an increasingly critical role in the nation s healthcare system with the last twelve months clearly demonstrating the importance of home as the most patient-preferred and cost-effective setting for care, said Keith G. Myers, LHC Group s chairman and CEO, in a release. The swift, comprehensive approach we took to the public health emergency caused by COVID-19 had a positive impact on the evolution of healthcare delivery models, helped to protect our employees and patients, boosted our organic growth trajectory and strengthened our value propos