Rollins, Inc. - ROL STOCK NEWS

Rollins, a leading global consumer and commercial services company, announced that Kenneth Krause, EVP, CFO, and Treasurer, will present at three upcoming investor conferences. The events are:

1. William Blair 44th Annual Growth Stock Conference on June 4, 2024, at the Loews Chicago Hotel, from 9:40 a.m. to 10:10 a.m. ET.

2. Stifel 2024 Cross Sector Insight Conference on June 5, 2024, at the InterContinental Boston, from 1:15 p.m. to 1:45 p.m. ET.

3. Wells Fargo Industrials Conference on June 11, 2024, at the Loews Chicago Hotel, from 4:45 p.m. to 5:15 p.m. ET.

The presentations will be webcast live and replays will be available for 180 days. Access the webcasts on Rollins' website under the "News and Events" menu.

Orkin is hosting a unique 'Orkinstra' symphony event on June 8, 2024, in Springfield, Illinois, to commemorate the rare double emergence of cicada Broods XIX and XIII. This event, featuring a seven-act symphony composed by Bryan Rheude, will be performed by classically-trained musicians and synchronized with the cicadas' emergence. The performance will be live-streamed on TikTok, and the music will be available on Spotify. Orkin is also offering a -edition t-shirt to celebrate this phenomenon. The cicadas, which are harmless to people and property, will emerge after 13 and 17 years of underground life. For more details, visit Orkin's website.

Rollins, a leading global consumer and commercial services company, held its 2024 Investor and Analyst Conference on May 17th, 2024, at the New York Stock Exchange. The leadership team outlined five strategic priorities: leveraging competitive advantages in the North American pest control market, investing in growth both organically and through acquisitions, enhancing productivity through modernization, and continuing disciplined capital allocation to create shareholder value.

CEO Jerry Gahlhoff emphasized a customer-centric approach to growing and acquiring market-leading pest control businesses, while CFO Ken Krause stated that the company expects continued improvement in earnings and cash flow growth.

Orkin has released its 2024 Top Mosquito Cities List, with Los Angeles ranking first. The list, which tracks new residential mosquito treatments from April 2023 to March 2024, features five California cities in the top 50. Other top cities include New York, Chicago, Dallas, and Atlanta. Orkin emphasizes the health risks mosquitoes pose, as they are the deadliest animals on Earth, causing more than 600,000 malaria-related deaths annually. To combat this, Orkin is partnering with the American Red Cross for the 'Mosquitoes Don't Deserve a Drop' campaign, donating $25 per mosquito control service purchased from May 20 to June 30, 2024, up to $250,000. The campaign aims to reduce mosquito-transmitted illnesses and support the blood supply. Preventative measures recommended by Orkin include wearing protective clothing, using EPA-registered repellents, and eliminating standing water.

Rollins, Inc. (NYSE: ROL) will host its 2024 Investor and Analyst Conference on May 17th at 9 a.m. ET. The event will feature presentations by CEO Jerry Gahlhoff, CFO Ken Krause, and other leaders discussing the company's strategic priorities. A webcast will be available on the Rollins website for those unable to attend in person.

Rollins, Inc. (NYSE:ROL) appoints Louise S. Sams as Lead Independent Director and Chairperson of the Nominating and Corporate Governance Committee. Ms. Sams, a Director since 2022, brings extensive leadership and governance experience from her tenure at Turner Broadcasting System, Inc. The appointment follows the retirement of Mr. Jerry W. Nix at the Company's Annual Meeting of Shareholders on April 23, 2024.

Rollins, Inc. reported strong first-quarter 2024 financial results with double-digit revenue growth leading to increased earnings and cash flow. Key highlights include a 13.7% revenue increase, 18.0% operating income growth, 17.7% operating margin, $138 million adjusted operating income, $161 million adjusted EBITDA, and $98 million adjusted net income. Quarterly EPS was $0.19, and adjusted EPS was $0.20, with operating cash flow at $127 million. Management commentary highlighted organic growth, robust acquisitions pipeline, and continuous improvement initiatives for profitability enhancement.

Rollins, Inc. (ROL) declares a regular quarterly cash dividend of $0.15 per share, reinforcing its commitment to shareholder value. Shareholders of record as of May 10, 2024, will receive the dividend on June 10, 2024.

Orkin launches Bug Week Bug Fails to correct inaccurate bug portrayals in pop culture and beyond, highlighting the importance of proper pest identification. The company aims to educate the public through a survey revealing common misconceptions about pests, such as termites, bed bugs, and mosquitoes. Orkin encourages consumers to participate by tagging #BugWeekBugFails on social media, offering a discount on their services. The PR emphasizes the financial implications of pest oversights for homeowners and businesses, showcasing the significant costs associated with termite damage and bed bug infestations. Bug Week serves as a platform for Orkin to promote pest awareness and proactive pest control solutions.