Thanksgiving Serves up Perfect Storm for Plumbers and Drain Cleaners [Yahoo! Finance]
Chemed Corp (CHE)
Last chemed corp earnings: 4/28 04:15 pm
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Source: Yahoo! Finance
Big holiday meal preparation and kitchen cleanup create the perfect storm for plumbers who busily unclog kitchen sinks, disposals and toilets. Retailers call it Black Friday, but Roto-Rooter plumbers call the day after Thanksgiving "Brown Friday" because of the dirty water and sewage they face. According to Roto-Rooter, the nation's largest provider of plumbing repair and sewer & drain services, Brown Friday is its busiest day of the year. The company's incoming calls for service increase by 50% over an average Friday and 21% over any other Thursday through Sunday period throughout the year. "Houses full of holiday guests take extra showers and flush more toilets, so that alone puts a strain on residential drain systems," said Paul Abrams , spokesman for Roto-Rooter. "But once the kitchen gets busy and the sink and disposal receive peelings, rice, poultry skin and oily turkey drippings, things start clogging up fast," he added. Roto-Rooter will be appropriately staffed on Thanksgi
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News
- Chemed Stock Hurt by Roto-Rooter Softness, Macro Issues Dent Growth [Yahoo! Finance]Yahoo! Finance
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- Chemed Corporation Board of Directors Authorizes an Additional $300 Million for Stock Repurchase and Declares Quarterly Dividend of 50 CentsBusiness Wire
CHE
Earnings
- 10/29/24 - Beat
CHE
Sec Filings
- 11/22/24 - Form 4
- 11/1/24 - Form 10-Q
- 10/29/24 - Form 8-K
- CHE's page on the SEC website