WCI Communities (WCIC) began trading on the NYSE on 25 July 2013

• Sept. 22, 2016: WCI Communities (WCIC) acquired by Lennar Corporation (NYSE: LEN) at $23.50 per share, representing a 37% premium to WCI's closing stock price on September 21, 2016.

Operator of a construction and engineering company based in Bonita Springs, Florida. The company develops single and multi-family homes, residential towers, condominiums, hotels and master-planned communities as well as operates real estate brokerage and title services businesses that complement its home-building operations.

LGI Homes (LGIH) files for a $125 million IPO

LGI Homes Inc. filed plans for an initial public offering of up to $125 million as the company looks to be the latest homebuilder to capitalize on the housing recovery.

LGI said it expects to use $36.9 million of the proceeds to acquire all of the joint venture interests of GTIS Partners LP that it doesn't own. The rest of the proceeds would go toward working capital and general corporate purposes, the company said in a filing with the U.S. Securities and Exchange Commission.

LGI specializes in so-called "entry level" homes, with core markets in Texas, Florida, Arizona and Georgia.

For the six months ended June 30, the company reported that its net income had more than doubled to $7.6 million, with revenue more than doubling to $58 million.

Five homebuilders have held IPOs this year through July. The latest homebuilder to hold one was Florida's WCI Communities Inc. (WCIC), which debuted in late July.

LGI said it intends to apply for listing on the Nasdaq Global Select Market under the symbol LGIH.

Sprouts Farmers Market (SFM) reports Q2 2013 results

• The IPO was just 3 weeks ago 

** chart before earnings **

After Hours: 40.05 +1.46 (3.78%)

Sprouts Farmers Market (SFM) reports Q2 adjusted EPS of $0.14, no estimates; Revenue increased 45% y/y to $622.4 mln (SFM) 38.59 +1.37 : Second quarter net sales growth was driven by the Sunflower Transaction, an increase in comparable store sales growth and new store openings. Net sales increased 22% compared to pro forma sales for the same period of 2012, driven by pro forma comparable store sales growth of 10.8% and strong performance in new stores opened. The pro forma comparable store sales growth increase resulted from a balanced rise in traffic and basket size and continued strong performance across departments.


Gross Margin: Gross profit increased 43% to $187.0 million resulting in a gross profit margin of 30.1% of sales, or a decrease of 30 basis points, from the same period in 2012.

New Stores: During second quarter 2013, the Company opened six new stores, four in California and one each in Oklahoma and Texas. An additional five stores have been opened in the third quarter to date bringing 2013 new store openings to 17, for a total of 165 stores in eight states as of Aug. 22, 2013. The Company expects to open two more stores in 2013, bringing total new stores in 2013 to 19.

Guidance: For FY13, company expects 19-21% growth compared to pro forma net sales in FY12; Pro forma comparable store sales growth of 8.5 to 9.0%; Net Income of $44.0 million to $47.0 million; Adjusted diluted earnings per share of $0.41 to $0.43; and Capital expenditures of $70.0 million to $75.0 million, net of landlord reimbursements.