St Joe Company reports 38% hospitality revenue increase in Q2 2024 [Yahoo! Finance]
St. Joe Company (The) (JOE)
Last st. joe company (the) earnings: 10/31 04:10 pm
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Source: Yahoo! Finance
revenue, reaching $62.3m in the second quarter of 2024 compared to $45.1m in the same period of last year. This growth is attributed to the opening of new properties, improved operational efficiencies, and a rise in Northwest Florida visitation. The company's gross margin in the hospitality sector also saw a 39.2% rise in Q2 2024, up from 26.2% in the previous year. St Joe's expansion strategy has been a key driver, with six hotels launched since the start of 2023, bringing its total to 12 hotels with 1,298 rooms. The new properties include Camp Creek Inn in Florida, the Embassy Suites by Hilton Panama City Beach Resort and The Lodge 30A, among others. These hotels join St Joe's existing portfolio, which features a variety of accommodations such as the WaterColor Inn and The Pearl Hotel. The diverse hotel range caters to different preferences and budgets. The Watersound Club membership programme has also seen growth, with memberships increasing from 2,853 to 3,571 in one yea
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News
- The St. Joe Company Earns Great Place to Work® Certification™, Recognizing Outstanding Workplace Culture [Yahoo! Finance]Yahoo! Finance
- The St. Joe Company Earns Great Place to Work® Certification™, Recognizing Outstanding Workplace CultureBusiness Wire
- The St. Joe Company Reports Third Quarter and First Nine Months of 2024 Results and Declares a Quarterly Dividend of $0.14 [Yahoo! Finance]Yahoo! Finance
- The St. Joe Company Reports Third Quarter and First Nine Months of 2024 Results and Declares a Quarterly Dividend of $0.14Business Wire
- What Makes St. Joe (JOE) a Good Investment Bet? [Yahoo! Finance]Yahoo! Finance
JOE
Sec Filings
- 11/6/24 - Form 4
- 10/30/24 - Form 4
- 10/30/24 - Form 4
- JOE's page on the SEC website