Before we look at our businesses in detail, I’d like to make a few general comments. On the Wholesale side, we benefited from volatility, commodity pricing first quarter of ‘010 that was driven heavily by weather events.Our Retail businesses continue to see the impacts of the economic downturn. We’re also impacted by the same weather events that benefited the Wholesale business. However, despite these factors, these businesses remain overly profitable and should show significant growth for the balance of the year. This growth will be driven by renewable energy and electric marketing.
South Jersey Industries, Inc. Q1 2010 Earnings Call Transcript
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.