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Stock impact report

The 47,500% Return: Meet The Billionaire Family Behind The Hottest Stock Of The Past 30 Years [Forbes]

Heico Corporation (HEI) 
Last heico corporation earnings: 2/25 04:15 pm Check Earnings Report
US:NYSE Investor Relations: heico.com/investors
Company Research Source: Forbes
(Clockwise: Victor, Larry and Eric Mendelson.) It’s lunchtime on a Thursday in Miami, and the brothers are seated with their father, Laurans, for lunch—salads on picnic plates and a shared bag of pita chips. Eric and Victor are finishing each other’s thoughts as they often do, especially when it’s a tale they enjoy telling, and they very much like to recount this one, the origin story of Heico Corp. Since 1990, when the Mendelsons took over the Hollywood, Florida-based business, Heico has generated a total return of some 47,500%. (No, that’s not a typo. All those digits are correct.) During the past decade, its shares have increased by 1,270%, soaring past the S&P 500 (250%) and even, say, Berkshire Hathaway Forbes All those numbers are pretty solid evidence that their detractors at the beginning were wrong: The Mendelsons have been able to earn a foothold in an industry dominated by the so-called original equipment manufacturers, the GEs and Boeings of the world, who are the first to Show less Read more
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