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Transforms balance sheet to debt-free, strong net cash position providing significant financial flexibility Concentrates efforts on maximizing value in the stone and tile distribution market and expands margin profile ATLANTA, May 09, 2021 (GLOBE NEWSWIRE) -- Select Interior Concepts, Inc. (NASDAQ: SIC), a premier installer and distributor of interior building products, today announced that it has entered into a definitive agreement to sell its Residential Design Services segment (“RDS,”) in an all-cash transaction to Interior Logic Group (“ILG”), a portfolio company of Blackstone. ...

Select Interior Concepts to Sell Its RDS Segment to Interior Logic Group for $215 Million $215 million purchase price provides attractive valuation for RDS and to shareholders Transforms balance sheet to debt-free, strong net cash position providing significant financial flexibility Concentrates efforts on maximizing value in the stone and tile distribution market and expands margin profile ATLANTA, May 09, 2021 (GLOBE NEWSWIRE) — Select Interior Concepts, Inc. (NASDAQ: SIC), a premier installer and distributor of interior building products, today announced that it has entered into a defini...

Select Interior Concepts: Q1 Earnings Snapshot May 6, 2021 FacebookTwitterEmail ATLANTA (AP) _ Select Interior Concepts, Inc. (SIC) on Thursday reported a loss of $1.8 million in its first quarter. On a per-share basis, the Atlanta-based company said it had a loss of 7 cents. The company posted revenue of $137.8 million in the period. Select Interior Concepts shares have climbed 14% since the beginning of the year. The stock has nearly tripled in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research...

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Select Interior Concepts Announces 2021 First Quarter Financial Results Select Interior Concepts, Inc.May 6, 2021 GMT ATLANTA, May 06, 2021 (GLOBE NEWSWIRE) -- Select Interior Concepts, Inc. (NASDAQ: SIC), a premier installer and nationwide distributor of interior building products, today announced its financial results for the first quarter ended March 31, 2021. FIRST QUARTER 2021 FINANCIAL HIGHLIGHTS COMPARED TO FIRST QUARTER 2020 Consolidated net revenue of $137.8 million, compared to $134.4 mil...

Select Interior Concepts: Q4 Earnings Snapshot March 15, 2021 FacebookTwitterEmail ATLANTA (AP) _ Select Interior Concepts, Inc. (SIC) on Monday reported a fourth-quarter loss of $3.2 million, after reporting a profit in the same period a year earlier. The Atlanta-based company said it had a loss of 13 cents per share. The company posted revenue of $144.2 million in the period. For the year, the company reported a loss of $9.9 million, or 39 cents per share, swinging to a loss in the period. Revenue was reported as $554 million. Select Interior Concepts shares have risen 23% since the beginni...