Q2 24 out, Saia focuses on organic growth

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SEEKING ALPHA reports:

– Saia, press release here (NASDAQ:SAIA): Q2 GAAP EPS of $3.83 misses by $0.18.

(Quarterly sales were in line with expectations at $823.2m, +18.5% versus Q2 23.)

The full post is here.

Saia president and CEO Fritz Holzgrefe said in his prepared remarks:

“During the quarter, we successfully opened six new terminals and relocated two others in new and established markets, while maintaining our high service standards. Successfully opening and relocating terminals required investments in employee hiring, training and other costs that come ...