Home, headquartered in Fort Smith, Arkansas, just opened its 47th location in December, and operates retail stores in Arkansas, Missouri, Oklahoma, Texas, Tennessee, Mississippi, and Kansas.
Comparing the fourth quarter of 2015 to the same quarter of 2014, FFO
increased 9.7 percent, NOI increased 13.2 percent, and dividends paid rose 5.1 percent.
The decrease in FFO
includes dilution resulting from the timing of acquisition and disposition activity during 2005 and 2006.
Joseph McNulty joins FFO
as Partner, from The McNulty Group, a New York-based family office that specialises in tax advisory services and accounting.
The company also reported FFO
of $3.42 per share for the nine months ended September 30, 2006, an 8.9% increase over the same period in 2005, which was $3.14 per share.
The company is providing full-year 2018 FFO
guidance in the range of $1.87 to $1.95 per diluted share, excluding specified items.
The non-cash impairment charge will reduce net income and funds from operations (FFO
) in third quarter 2006.
Fitch expects FFO-adjusted leverage and FFO
fixed-charge coverage to hover around 5x over the next two years.
In addition, the company's guidance of FFO
per diluted share and unit is a range of $4.92 to $5.04, with the difference between net income and FFO
being real estate depreciation and amortization.
reported funds from operations available to common stockholders, or FFO
, of $51.7 million, or $1.13 per share for the third quarter ended September 30, 2005, a 20.2% increase over the same quarter in 2004.