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Latest Speedway Motorsports (TRK) Headlines

Speedway Motorsports Revving up for Better Times
Michael Lewis, The Motley Fool - Motley Fool - Fri Mar 07, 4:32PM CST
Speedway Motorsports has the luxury of providing stages for the United States' highest grossing professional sports organization -- NASCAR. The company owns some of the nation's biggest racing tracks, including the the Atlanta Motor Speedway, the...

Speedway Motorsports Reports Results for Fourth Quarter and Year Ended December 31, 2013 and Provides Full Year 2014 Guidance
Business Wire - Wed Mar 05, 7:01AM CST
Speedway Motorsports, Inc. (SMI) (NYSE: TRK) today reported fourth quarter 2013 total revenues of $82.2 million and adjusted non-GAAP income from continuing operations of $1.2 million or $0.03 per diluted share. Full year 2013 total revenues were $480.6 million and adjusted non-GAAP income from continuing operations was $37.2 million or $0.90 per diluted share. Also, SMI provided full year 2014 guidance for income from continuing operations of $0.90 to $1.10 per diluted share as further described below.

Speedway Motorsports, Inc. Schedules 2013 Fourth Quarter and Year End Earnings Conference Call
Business Wire - Wed Feb 26, 4:41PM CST
Speedway Motorsports, Inc. (NYSE: TRK), a leading marketer, promoter and sponsor of motorsports entertainment, will host its quarterly conference call on Wednesday, March 5, 2014 at 10:00 a.m. (ET).

Wells Fargo's Construction Industry Optimism Quotient Hits Record High
Business Wire - Tue Feb 25, 7:02AM CST
Construction contractors and equipment distributors are optimistic that local non-residential construction activity will improve in 2014, according to a recent survey by Wells Fargo Equipment Finance, a subsidiary of Wells Fargo & Company (NYSE: WFC). As part of its 2014 Construction Industry Forecast, Wells Fargo's construction Optimism Quotient (OQ) - the survey's primary benchmark for measuring contractor and equipment distributor sentiment - is at a historic high of 124, up 18 points from 106 in 2013 and up from the survey low of 42 in 2009.

Does This Motorsports Leader Still Have Gas Left in Its Tank?
Mark Lin, The Motley Fool - Motley Fool - Sat Feb 22, 1:22PM CST
International Speedway is the undisputed king of motorsports, as it either owns or operates 13 motorsports entertainment facilities across the country. However, its finances tell a different story. Its profitability has taken a beating over the...

Speedway Motorsports, Inc. Declares Quarterly Cash Dividend of 15 Cents Per Share, Approves Continuation of Stock Repurchase Program and Increases Share Repurchase Authorization
Business Wire - Wed Feb 12, 11:15AM CST
Speedway Motorsports, Inc. (SMI) (NYSE:TRK) on February 12, 2014 declared a quarterly cash dividend of 15 cents per share of common stock. The quarterly dividend will be payable on March 14, 2014, to shareholders of record at the close of business on February 28, 2014.

Affinity Gaming Provides Public Notice of Data Security Incident
PR Newswire - Fri Dec 20, 8:00AM CST
Affinity Gaming ("Affinity") has confirmed an unauthorized intrusion into the system that processes customer credit and debit cards for its casinos, and is issuing this public notice of the data security incident and encouraging individuals who visited its gaming facilities between March 14th and October 16th of 2013 to take steps to protect their identities and financial information. Affinity regrets any inconvenience this incident may cause and has established a confidential, toll-free inquiry line to assist its customers.

NYSE stocks posting largest percentage increases
AP - Tue Nov 19, 5:03PM CST
NEW YORK (AP) — A look at the 10 biggest percentage gainers on New York Stock Exchange at the close of trading:

Speedway Motorsports Reports Results for the Three and Nine Months Ended September 30, 2013 and Revises Full Year 2013 Guidance
Business Wire - Wed Oct 30, 7:00AM CDT
Speedway Motorsports, Inc. (SMI) (NYSE: TRK) today reported third quarter 2013 total revenues of $137.5 million and adjusted non-GAAP income from continuing operations of $10.7 million or $0.26 per diluted share. Nine month 2013 total revenues were $398.5 million and adjusted non-GAAP income from continuing operations was $35.8 million or $0.86 per diluted share. Also, SMI revised its full year 2013 guidance for income from continuing operations to $0.80 to $0.90 per diluted share, excluding certain items described below.

Speedway Motorsports, Inc. Schedules 2013 Third Quarter Earnings Conference Call
Business Wire - Fri Oct 18, 5:00PM CDT
Speedway Motorsports, Inc. (NYSE: TRK), a leading marketer, promoter and sponsor of motorsports entertainment, will host its quarterly conference call on Wednesday, October 30, 2013 at 10:00 a.m. (ET).

Speedway Motorsports announces dividend of USD0.15 per share for quarter
M2 - Fri Oct 18, 6:16AM CDT
Speedway Motorsports Inc (SMI) (NYSE:TRK), a marketer, promoter and sponsor of motorsports entertainment, on Thursday declared a common stock cash dividend of USD0.15 per share for the quarter.

Speedway Motorsports, Inc. Declares Quarterly Cash Dividend of 15 Cents Per Share
Business Wire - Thu Oct 17, 5:00PM CDT
Speedway Motorsports, Inc. (SMI) (NYSE:TRK) on October 17, 2013 declared a quarterly cash dividend of 15 cents per share of common stock. The quarterly dividend will be payable on December 6, 2013, to shareholders of record at the close of business on November 15, 2013.

3 Ways to Make Tons of Money Owning a NASCAR Track
Chris Neiger, The Motley Fool - Motley Fool - Sun Sep 01, 10:00AM CDT
NASCAR was hit hard by America's recession, but that doesn't mean track owners aren't making money -- it's just that they've had to be more creative to do so. While admissions sales have declined, broadcasting revenues have increased -- and even with...

Money Matters in NASCAR: Atlanta Motor Speedway
Rich Smith, The Motley Fool - Motley Fool - Sat Aug 31, 9:04AM CDT
This weekend, NASCAR goes south of the Mason-Dixon line -- way south. In the Atlanta area, 43 drivers will compete in the AdvoCare 500, part of the Sprint Cup Series. The Chase for the Sprint Cup continues as teams fight for the right to join Jimmie...

Speedway Motorsports Beats on EPS But GAAP Results Lag
Seth Jayson, The Motley Fool - Motley Fool - Wed Jul 31, 8:05PM CDT
Speedway Motorsports ( NYSE: TRK ) reported earnings on July 31. Here are the numbers you need to know. The 10-second takeaway For the quarter ended June 30 (Q2), Speedway Motorsports missed estimates on revenues and beat...

Speedway Motorsports Reports Results for the Three and Six Months Ended June 30, 2013 and Reaffirms Full Year 2013 Guidance
Business Wire - Wed Jul 31, 7:00AM CDT
Speedway Motorsports, Inc. (SMI) (NYSE: TRK) today reported second quarter 2013 total revenues of $176.8 million and adjusted non-GAAP income from continuing operations of $26.5 million or $0.64 per diluted share. Six month 2013 total revenues were $261.0 million and adjusted non-GAAP income from continuing operations was $25.1 million or $0.61 per diluted share. These results were within management's expectations, and SMI reaffirmed its full year 2013 earnings guidance of $0.90 to $1.10 per diluted share from continuing operations, excluding certain charges described below.

Here's 1 Reason Speedway Motorsports Looks Weak
Seth Jayson, The Motley Fool - Motley Fool - Mon Jul 29, 12:43AM CDT
Margins matter. The more Speedway Motorsports ( NYSE: TRK ) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders. Healthy margins often separate...

Why Speedway Motorsports's Earnings Are Outstanding
Seth Jayson, The Motley Fool - Motley Fool - Tue Jul 23, 12:13AM CDT
Although business headlines still tout earnings numbers, many investors have moved past net earnings as a measure of a company's economic output. That's because earnings are very often less trustworthy than cash flow, since earnings are more open to...

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