Market Signal Briefing

Colgate-Palmolive (CL - Free Report) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $0.91 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +2.25%. A quarter ago, it was expected that this consumer products maker would post earnings of $0.89 per share when it actually produced earnings of $0.92, delivering a surprise of +3.37%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Colgate-Palmolive, which belongs to the Zacks Consumer Products - Staples industry, posted revenues of $5.13 billion for the quarter ended September 2025, missing the Zacks Consensus Estimate by 0.07%. This compares to year-ago revenues of $5.03 billion. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Colgate-Palmolive shares have lost about 15.8% since the beginning of the year versus the S&P 500's gain of 16%.

What's Next for Colgate-Palmolive?While Colgate-Palmolive has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Colgate-Palmolive was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.94 on $5.15 billion in revenues for the coming quarter and $3.67 on $20.31 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Consumer Products - Staples is currently in the bottom 17% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Purple Innovation (PRPL - Free Report) , another stock in the same industry, has yet to report results for the quarter ended September 2025.

This company is expected to post quarterly loss of $0.09 per share in its upcoming report, which represents a year-over-year change of -12.5%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Purple Innovation's revenues are expected to be $123.1 million, up 3.8% from the year-ago quarter.

Church & Dwight (CHD - Free Report) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.79 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +10.96%. A quarter ago, it was expected that this maker of household and personal products would post earnings of $0.85 per share when it actually produced earnings of $0.94, delivering a surprise of +10.59%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Church & Dwight, which belongs to the Zacks Consumer Products - Staples industry, posted revenues of $1.59 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 3.32%. This compares to year-ago revenues of $1.51 billion. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Church & Dwight shares have lost about 21.9% since the beginning of the year versus the S&P 500's gain of 16%.

What's Next for Church & Dwight?While Church & Dwight has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Church & Dwight was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.88 on $1.63 billion in revenues for the coming quarter and $3.46 on $6.14 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Consumer Products - Staples is currently in the bottom 17% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Leslie's, Inc. (LESL - Free Report) , another stock in the same industry, has yet to report results for the quarter ended September 2025.

This company is expected to post quarterly earnings of $1.10 per share in its upcoming report, which represents a year-over-year change of +175%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Leslie's, Inc.'s revenues are expected to be $368.43 million, down 7.4% from the year-ago quarter.

SummaryCompaniesAnanym redoubles push to persuade LKQ to sell European businessHedge fund says there are buyers interested in the European businessProceeds from a sale could be used to reduce leverage, buy back stockNEW YORK, Oct 31 (Reuters) - Ananym Capital has intensified its call for auto-parts supplier LKQ

(LKQ.O), opens new tab to sell its European business, stressing that there are interested buyers and that the proceeds could be used to buy back shares, according to a letter to LKQ's board on Friday that was seen by Reuters.

The letter, following close on the heels of the company's third-quarter earnings report the day before, pressed the activist hedge fund's point that keeping the European and North American businesses together makes little sense.

Sign up here.

"While management continues to pursue the arduous task of trying to integrate the disparate collection of businesses that comprise the EU business, LKQ continues to suffer from a substantial sum-of-the-parts discount and to dramatically lag its peers in share price performance,"

the hedge fund wrote, opens new tab.

A representative for LKQ was not immediately available to comment.

On Thursday's earnings call with analysts, CEO Justin Jude said: "The challenges in Europe affect the entire industry but LKQ excels in such environments, as shown by our own success in North America. Having integrated businesses in tough settings before, I am confident we can achieve similar results in Europe."

The strong North America performance powered a more than 5% rise in LKQ's stock during Thursday's session, but its close at $31.16 left it down more than 16% for the past 12 months.

Ananym's letter noted that the total return on stock in LKQ, which has a market value of $8 billion, has lagged its proxy peers by 33% over the last 12 months, by 113% over the last five years, and by 253% over the last decade.

It added that, instead of trying to integrate 20 ERP software systems across 900 locations in 18 different countries in Europe, management should talk to potential buyers who could handle the integration and free up LKQ executives to concentrate on running its "crown jewel NA (North America) collision business."

Management could use the proceeds from selling the European business to reduce leverage and buy back shares, which would create more benefits for shareholders than trying to run the European business in the coming years, the hedge fund said.

Ananym has been holding discussions with Chicago-headquartered LKQ in recent months and has been largely complimentary of the company's CEO, Justin Jude, who was named to the position in July 2024.

But in late summer, the hedge fund stepped up its push for a separation or sale of the European business after disappointing second-quarter earnings, when investors pushed the stock price down more than 20%.

The company has taken steps to simplify its portfolio, and in August announced the sale of its self-service segment to private-equity firm Pacific Avenue Capital Partners.

Ananym was founded last year by Charlie Penner, the architect of a massive three-board-seat victory at Exxon Mobil

(XOM.N), opens new tab in 2021, and former P2 partner Alex Silver.

Reporting by Svea Herbst-Bayliss; Editing by Edmund Klamann

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Order strengthens growing partnership to deploy long-duration energy storage across multiple markets

October 31, 2025 09:10 ET

 | Source:

Eos Energy Enterprises, Inc.

PITTSBURGH, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) ("Eos" or the “Company”), an American energy company and the leading innovator in designing, sourcing, manufacturing, and providing zinc-based battery energy storage systems (BESS) and Frontier Power Ltd. (“Frontier”), a leading UK-based energy developer, today announced a strategic 228 megawatt-hour (MWh) order to deploy Eos Z3™ energy storage systems across Frontier’s expanding portfolio of storage and grid-reliability projects.

The 228 MWh order – the first to be converted under the companies’ 5 GWh framework agreement announced in April 2025 – marks a significant milestone in a growing partnership focused on scaling alternative, long-duration energy storage to strengthen grid reliability across multiple markets.

“This order reflects continued confidence in Eos’ zinc technology and the strength of our partnership with Frontier,” said Nathan Kroeker, Eos Chief Commercial Officer. “Together, we’re demonstrating that long-duration storage is ready to scale and play a critical role in delivering reliable dispatchable power.”

Frontier will deploy Eos’ Z3™ energy storage systems, featuring the Company’s proprietary battery management system, software, controls and analytics platform – DawnOS™ – to validate performance and reliability in diverse grid environments. This provides a unique opportunity to showcase Eos’ technology ahead of Frontier’s upcoming projects under Ofgem’s Cap-and-Floor program.

Frontier recently advanced 11 gigawatt-hours (GWh) of long-duration storage projects to the second round of the program, all incorporating Eos’ technology and more than double the original commitment. This milestone highlights the growing market demand for 8-hour-plus storage and reinforces confidence in the companies’ joint ability to deliver commercially viable, large-scale solutions.

“Our partnership with Eos goes beyond a single project – it’s about building a platform for long-duration storage at scale,” said Humza Malik, Frontier Chief Executive Officer. “Together, we’re demonstrating how innovative, safe, and sustainable zinc technology can support renewable growth and deliver dependable, flexible power for the grid of the future.”

Eos’ Z3™ technology builds on the company’s proven zinc-based chemistry, offering enhanced energy density, extended duration, and a safe, non-flammable solution ideal for long-life, grid-scale applications. As the partnership grows, Eos and Frontier are positioned to accelerate deployment of long-duration energy storage across key international markets, supporting renewable integration, grid stability, and global energy security.

The announcement coincides with the Company also achieving its final cash receipt milestone previously agreed upon between Eos and an affiliate of Cerberus Capital Management LP (Cerberus) as part of Cerberus’s strategic investment in the Company. No additional preferred stock or warrants will be issued to Cerberus at this time.

About Eos Energy Enterprises

Eos is accelerating the shift to American energy independence with positively ingenious solutions that transform how the world stores power. The Company’s BESS features the innovative Znyth™ technology, a proven chemistry with readily available non-precious earth components, that is the pre-eminent safe, non-flammable, secure, stable, and scalable alternative to conventional lithium-ion technology. The Company’s BESS is ideal for utility-scale, microgrid, commercial, and industrial long-duration energy storage applications (i.e., 4 to 16+ hours) and provides customers with significant operational flexibility to cost effectively address current and future increased grid demand and complexity. For more information about Eos (NASDAQ: EOSE), visit eose.com.

Contacts        
Investors:  [email protected]
Media:  [email protected]

Forward Looking Statements

Except for the historical information contained herein, the matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements that refer to outlook, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intends," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are based on our management’s beliefs, as well as assumptions made by, and the information currently available to, them. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected.

Factors which may cause actual results to differ materially from current expectations include, but are not limited to: changes adversely affecting the business in which we are engaged; our ability to forecast trends accurately; our ability to generate cash, service indebtedness and incur additional indebtedness; our ability to achieve the operational milestones on the delayed draw term loan; our ability to raise financing in the future; risks associated with the credit agreement with Cerberus, including risks of default, dilution of outstanding Common Stock, consequences for failure to meet milestones and contractual lockup of shares; our customers’ ability to secure project financing; the amount of final tax credits available to our customers or to Eos pursuant to the Inflation Reduction Act; the timing and availability of future funding under the Department of Energy Loan Facility; our ability to continue to develop efficient manufacturing processes to scale and to forecast related costs and efficiencies accurately; fluctuations in our revenue and operating results; competition from existing or new competitors; our ability to convert firm order backlog and pipeline to revenue; risks associated with security breaches in our information technology systems; risks related to legal proceedings or claims; risks associated with evolving energy policies in the United States and other countries and the potential costs of regulatory compliance; risks associated with changes to the U.S. trade environment; our ability to maintain the listing of our shares of common stock on NASDAQ; our ability to grow our business and manage growth profitably, maintain relationships with customers and suppliers and retain our management and key employees; risks related to the adverse changes in general economic conditions, including inflationary pressures and increased interest rates; risk from supply chain disruptions and other impacts of geopolitical conflict; changes in applicable laws or regulations; the possibility that Eos may be adversely affected by other economic, business, and/or competitive factors; other factors beyond our control; risks related to adverse changes in general economic conditions; and other risks and uncertainties.

The forward-looking statements contained in this press release are also subject to additional risks, uncertainties, and factors, including those more fully described in the Company’s most recent filings with the Securities and Exchange Commission, including the Company’s most recent Annual Report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Further information on potential risks that could affect actual results will be included in the subsequent periodic and current reports and other filings that the Company makes with the Securities and Exchange Commission from time to time. Moreover, the Company operates in a very competitive and rapidly changing environment, and new risks and uncertainties may emerge that could have an impact on the forward-looking statements contained in this press release.

Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

Instead of just making movies on its own, Netflix Inc. (NASDAQ: NFLX) may buy Warner Bros.

SAN DIEGO, CALIFORNIA - AUGUST 2: A Chipotle logo is displayed outside their restaurant on August 2, 2025 in San Diego, California. (Photo by Kevin Carter/Getty Images)

Getty Images

Chipotle Mexican Grill stock (NYSE: CMG) crashed 18% yesterday, October 30, 2025, after the company reported its Q3 2025 earnings.

For the third time this year, Chipotle cut its sales forecast due to weaker-than-expected comparable sales. Management attributed this disappointing performance to persistent macroeconomic pressures and a notable pullback in spending from its core customers, particularly the 25-to-35 age group.

This single-day drop has extended CMG’s recent decline to 23.2% in under a month (falling from $42.36 on 10/21/2025 to a current price of $32.53). Given this sharp correction, the central question for investors is: Should you buy this dip? Buying a stock after a decline is a valid strategy, provided the company is a quality business with a history of bouncing back.

It turns out that CMG stock meets basic quality criteria, having generated a median return of 94% over one year, and a peak return of 102% after experiencing sharp declines (>30% in 30 days) historically. For a brief overview, CMG offers fast-casual Mexican food with around 3,000 locations in the United States, Canada, the United Kingdom, France, Germany, and other parts of Europe since 1993.

For insights regarding stock fundamentals and evaluations: Read Buy or Sell Chipotle Mexican Grill Stock to gain a comprehensive view.

That being said, if you seek an upside with less volatility than holding an individual stock like CMG, consider the High Quality Portfolio. It has comfortably outperformed its benchmark—a combination of the S&P 500, Russell, and S&P MidCap indexes—and has achieved returns exceeding 105% since its inception. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.

Historical Median Returns Post DipsHistorical Median Returns Post Dips

Trefis

Historical Dip-Wise DetailsCMG has experienced 2 occurrences since 1/1/2010 when the dip threshold of -30% within 30 days was breached

102% median peak return within 1 year of dip occurrence350 days is the median duration to peak return following a dip-19% median maximum drawdown within 1 year of dip eventHistorical Dip-Wise Details

Trefis

Chipotle Mexican Grill Passes Basic Financial Quality ChecksIt is essential to assess revenue growth, profitability, cash flow, and the strength of the balance sheet to mitigate the risk that a dip may signal a deteriorating business situation.

CMG Basic Financial Quality Checks

Trefis

Investing in a single stock without comprehensive analysis can be risky. Consider the Trefis Reinforced Value (RV) Portfolio, which has outperformed its all-cap stocks benchmark (combination of the S&P 500, S&P mid-cap, and Russell 2000 benchmark indices) to produce strong returns for investors. Why is that? The quarterly rebalanced mix of large-, mid-, and small-cap RV Portfolio stocks provided a responsive way to make the most of upbeat market conditions while limiting losses when markets head south, as detailed in RV Portfolio performance metrics.

WisdomTree, Inc. (WT - Free Report) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.18 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +9.52%. A quarter ago, it was expected that this company would post earnings of $0.18 per share when it actually produced earnings of $0.18, delivering no surprise.

Over the last four quarters, the company has surpassed consensus EPS estimates just once.

WisdomTree, Inc., which belongs to the Zacks Financial - Miscellaneous Services industry, posted revenues of $125.62 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.50%. This compares to year-ago revenues of $113.17 million. The company has topped consensus revenue estimates just once over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

WisdomTree, Inc. shares have added about 10.3% since the beginning of the year versus the S&P 500's gain of 16%.

What's Next for WisdomTree, Inc.?While WisdomTree, Inc. has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for WisdomTree, Inc. was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.22 on $133.96 million in revenues for the coming quarter and $0.77 on $478.43 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Miscellaneous Services is currently in the top 34% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the same industry, Brookfield Asset Management (BAM - Free Report) , is yet to report results for the quarter ended September 2025. The results are expected to be released on November 7.

This investment manager is expected to post quarterly earnings of $0.40 per share in its upcoming report, which represents a year-over-year change of +5.3%. The consensus EPS estimate for the quarter has been revised 3.5% lower over the last 30 days to the current level.

Brookfield Asset Management's revenues are expected to be $1.33 billion, up 9.9% from the year-ago quarter.

Key Takeaways LyondellBasell posted adjusted EPS of $1.01, topping estimates but down from $1.91 a year ago.Improved U.S. olefins margins and higher polyethylene demand aided performance.LYB expects seasonal softness and higher feedstock costs to pressure Q4 results.
LyondellBasell Industries N.V. (LYB - Free Report) recorded a loss of $890 million or $2.77 per share. This compares unfavorably with a profit of $573 million or $1.75 per share reported a year ago.

Barring one-time items, LYB posted adjusted earnings of $1.01 per share, down from the year-ago quarter's figure of $1.91. It topped the Zacks Consensus Estimate of 80 cents.

The company’s net sales in the reported quarter were $7,727 million, which beat the Zacks Consensus Estimate of $7,493.9 million. Net sales fell around 10% from $8,604 million in the prior-year quarter.

LYB saw improved profitability in the Olefins & Polyolefins — Americas segment, backed by higher olefins margins and increased sales volumes. Sales volumes were supported by higher domestic demand for polyethylene.

LyondellBasell’s Segment HighlightsIn the reported quarter, the Olefins & Polyolefins — Americas segment's revenues declined around 13% year over year to $2,606 million. The figure beat the consensus estimate of $2,531 million.

Similarly, Olefins & Polyolefins — Europe, Asia, the international segment revenues declined 8% year over year to $2,587 million. It topped the consensus estimate of $2,293 million.

In the Intermediates and Derivatives segment sales were $2,343 million, a decline of roughly 13% year over year, beating the consensus estimate of $2,325 million.

The Advanced Polymer Solutions revenues were $870 million, representing a decline of around 3% year over year, missing the consensus estimate of $891 million.

The Technology segment's revenues were $115 million, marking a decline of roughly 21%, and lagging the consensus estimate of $137 million.

LYB’s FinancialsLYB generated $983 million in cash from its operating activities in the reported quarter. The company continued its balanced capital allocation strategy by spending $406 million on capital expenditures and distributing $443 million to shareholders via dividends and share buybacks. At the end of the quarter, LYB had $1.8 billion in cash and cash equivalents, along with $6.5 billion in total available liquidity.

LYB’s OutlookIn the fourth quarter, LyondellBasell anticipates reduced operating rates and year-end seasonality to impact results across most of its businesses. Increased natural gas and feedstock costs are expected to put pressure on integrated polyolefins margins in North America. LYB also sees soft industrial and consumer demand to persist in Europe. While Industry downtime aided oxyfuels margins during October, seasonally higher costs for feedstocks and reduced octane values are expected to pressure margins for the balance of the fourth quarter. Cost reduction initiatives are also forecast to offset some of the pricing pressures in Advanced Polymer Solutions.

LYB remains on track with its Cash Improvement Plan, which is expected to deliver on a $600 million target for 2025 and at least $1.1 billion by the end of next year.

LYB’s Price PerformanceShares of LyondellBasell have lost 47.8% in the past year compared with the Zacks Chemicals Diversified industry’s 27.4% decline.

Image Source: Zacks Investment Research

LYB’s Zacks Rank & Key PicksLYB currently carries a Zacks Rank #5 (Strong Sell).

Some better-ranked stocks worth a look in the basic materials space are Avino Silver & Gold Mines Ltd. (ASM - Free Report) , Royal Gold, Inc. (RGLD - Free Report) and and Fortuna Mining Corp. (FSM - Free Report) .

Avino Silver is slated to report third-quarter results on Nov. 6. The Zacks Consensus Estimate for third-quarter earnings is pegged at 3 cents per share. ASM’s earnings beat the Zacks Consensus Estimate in each of the last four quarters, with the average surprise being 141.7%. Avino Silver carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Royal Gold is scheduled to report third-quarter results on Nov. 5. The Zacks Consensus Estimate for RGLD’s third-quarter earnings is pegged at $2.30 per share. RGLD’s earnings beat the Zacks Consensus Estimate in each of the last four quarters, with the average surprise being 8.9%. Royal Gold currently sports a Zacks Rank #1.

Fortuna Mining is scheduled to report third-quarter results on Nov. 5. FSM carries a Zacks Rank #2 at present. Fortuna Mining’s earnings beat the consensus estimate in one of the last four quarters and missed thrice.

Continued execution fueling solid performance;
Company narrows full year 2025 earnings outlook

Third Quarter Highlights

Delivered sales of $4.7 billion, up 6.1%, or 5.4% on a daily, constant currency basis
Achieved operating margin of 11.0% on a reported basis, down 460 basis points, or 15.2% on an adjusted basis, down 40 basis points, which excludes the non-cash loss related to the Company's intended exit of the U.K. market, including the planned divestiture of Cromwell
Generated diluted EPS of $6.12 on a reported basis, down 38.0%, or $10.21 on an adjusted basis, up 3.4%
Produced $597 million in operating cash flow and returned $399 million to Grainger shareholders through dividends and share repurchases
Updating full year 2025 guidance, including a narrowed adjusted diluted EPS range of $39.00 to $39.75

, /PRNewswire/ -- Grainger (NYSE: GWW) today reported results for the third quarter of 2025 with sales of $4.7 billion, up 6.1%, or 5.4% on a daily, constant currency basis, and adjusted diluted EPS of $10.21, up 3.4% compared to the third quarter of 2024. 

"We delivered results in-line with our expectations for the quarter, reinforcing the value and differentiated experience Grainger consistently creates for our customers," said D.G. Macpherson, Chairman and CEO. "Looking ahead, we remain focused on navigating the continued uncertain environment through strong execution, industry-leading service and innovative capabilities to deliver on what matters most to our stakeholders."

2025 Third Quarter Financial Summary

($ in millions, except per share amounts)

Q3 2025

Q3 2024

Q3'25 vs. Q3'24

Fav. / (Unfav.)

Reported

Adjusted(1)

Reported

Adjusted

Reported

Adjusted

Net Sales

$4,657

$4,657

$4,388

$4,388

6.1 %

6.1 %

Gross Profit

$1,798

$1,798

$1,720

$1,720

4.5 %

4.5 %

Operating Earnings

$511

$707

$686

$686

(25.5) %

3.1 %

Net Earnings Attributable to W.W. Grainger, Inc.

$294

$490

$486

$486

(39.5) %

0.8 %

Diluted Earnings Per Share

$6.12

$10.21

$9.87

$9.87

(38.0) %

3.4 %

Gross Profit Margin

38.6 %

38.6 %

39.2 %

39.2 %

(60) bps

(60) bps

Operating Margin

11.0 %

15.2 %

15.6 %

15.6 %

(460) bps

(40) bps

Effective Tax Rate

34.7 %

24.8 %

24.8 %

24.8 %

(990) bps

0 bps

(1) Reflects the asset impairment loss and other expenses recorded in the third quarter of 2025 related to the Company's intention to exit the U.K. market, including the planned divestiture of the Cromwell business, which was held for sale as of September 30, 2025. See the supplemental information of this release for further information regarding the Company's non-GAAP measures including reconciliations to the most directly comparable GAAP measure.

Revenue
Sales in the quarter increased 6.1% compared to the third quarter of 2024. When normalizing for the impact of foreign currency exchange, sales on a daily, constant currency basis increased 5.4% compared to the third quarter of 2024.

In the High-Touch Solutions - N.A. segment, sales were up 3.4% on both a daily and constant currency basis compared to the third quarter of 2024. Results for the segment were driven by volume growth and improving price contribution as tariff costs are passed. In the Endless Assortment segment, sales were up 18.2%, or 14.6% on a daily, constant currency basis, compared to the third quarter of 2024. Growth for the segment was driven by strong performance at both MonotaRO and Zoro.

Gross Profit Margin
Gross profit margin was 38.6% in the third quarter of 2025, a decrease of 60 basis points from the third quarter of 2024. 

In the High-Touch Solutions - N.A. segment, gross profit margin was 41.1%, a 50 basis point decrease compared to the prior year quarter as tariff-related inflation caused unfavorable price / cost timing and last-in, first-out (LIFO) inventory valuation headwinds. In the Endless Assortment segment, gross profit margin increased by 60 basis points from the third quarter of 2024 due to improvement across the segment.

Earnings
For the third quarter of 2025, total Company reported operating earnings were $511 million, down 25.5% compared to the third quarter of 2024. Reported operating margin was 11.0%, a 460 basis point decrease compared to the third quarter of 2024. On an adjusted basis, operating earnings for the quarter were $707 million, up 3.1% compared to the third quarter of 2024.  Adjusted operating margin was 15.2%, a 40 basis point decrease compared to the third quarter of 2024. This decrease in adjusted operating margin was driven by unfavorable gross margin in High-Touch Solutions - N.A., which was partially offset by expense leverage in Endless Assortment. These adjusted results for the quarter exclude the asset impairment loss from the planned divestiture of the Cromwell business, along with other expenses related to the intended exit from the U.K. market incurred in the current year period.

Diluted earnings per share for the third quarter of 2025 were $6.12 on a reported basis, down 38.0% compared to the third quarter of 2024. On an adjusted basis, diluted EPS was $10.21, up 3.4% compared to the third quarter of 2024. The increase was driven primarily by sales growth and fewer shares outstanding.

Tax Rate
For the third quarter of 2025, the effective tax rate was 34.7%, compared to 24.8% in the third quarter of 2024. The increase in the effective tax rate was primarily due to the loss from the planned divestiture of the Cromwell business and intended exit from the U.K. market, for which there are no corresponding tax benefits. On an adjusted basis, the effective tax rate was 24.8% in both periods.

Cash Flow
During the third quarter of 2025, the Company generated $597 million of cash flow from operating activities. The Company invested $258 million in capital expenditures, resulting in free cash flow of $339 million. During the quarter, the Company returned $399 million to Grainger shareholders through dividends and share repurchases.

Guidance
The Company is updating the following guidance ranges which include certain known tariff impacts.

Total Company(1)

Previous 2025 Guidance Range

(as of August 1, 2025)

Updated 2025 Guidance Range

(as of October 31, 2025)

Net Sales

$17.9 - $18.2 billion

$17.8 - $18.0 billion

   Sales growth

4.4% - 5.9%

3.9% - 4.7%

   Daily, organic constant currency sales growth

4.5% - 6.0%

4.4% - 5.1%

Gross Profit Margin

38.6% - 38.9%

38.9% - 39.1%

Adjusted Operating Margin

14.7% - 15.1%

15.0% - 15.2%

Adjusted Diluted Earnings per Share

$38.50 - $40.25

$39.00 - $39.75

Operating Cash Flow

$2.05 - $2.25 billion

$2.10 - $2.20 billion

CapEx (cash basis)

$0.55 - $0.65 billion

$0.625 - $0.675 billion

Share Buyback

$1.05 - $1.15 billion

$1.05 - $1.15 billion

Effective Tax Rate

~23.8%

~23.8%

Segment Adjusted Operating Margin

High-Touch Solutions - N.A.

16.5% - 16.9%

16.9% - 17.0%

Endless Assortment

9.2% - 9.6%

9.2% - 9.5%

 (1)

Guidance provided is on an adjusted basis. Daily, organic constant currency sales growth is adjusted for the impact

of one less selling day in 2025 as compared to 2024 and excludes the sales of certain divested or closed businesses

in the comparable prior year period post date of divestiture or closure and changes in foreign currency exchange

rates. The Company does not reconcile forward-looking non-GAAP financial measures. For further details see the

supplemental information of this release.

Webcast
The Company will conduct a live conference call and webcast at 11:00 a.m. ET on Friday, October 31, 2025, to discuss the third quarter results. The event will be hosted by D.G. Macpherson, Chairman and CEO, and Deidra Merriwether, Senior Vice President and CFO, and can be accessed at invest.grainger.com. To access the conference call via phone, please send a request to [email protected]. For those unable to participate in the live event, a webcast replay will be available for 90 days at invest.grainger.com.

About Grainger
W.W. Grainger, Inc., is a leading broad line distributor with operations primarily in North America, Japan and the United Kingdom. At Grainger, We Keep the World Working® by serving more than 4.5 million customers worldwide with maintenance, repair and operating (MRO) products and value-added solutions delivered through innovative technology and deep customer expertise. Known for its commitment to service and purpose-driven culture, the Company reported 2024 revenue of $17.2 billion. For more information, visit www.grainger.com.  

Visit invest.grainger.com to view information about the Company, including a supplement regarding 2025 third quarter results and additional Company information.

Safe Harbor Statement
All statements in this communication, other than those relating to historical facts, are "forward-looking statements." Forward-looking statements can generally be identified by their use of terms such as "anticipate," "estimate," "believe," "expect," "could," "forecast," "may," "intend," "plan," "predict," "project," "will," or "would," and similar terms and phrases, including references to assumptions. Grainger cannot guarantee that any forward-looking statement will be realized and achievement of future results is subject to risks and uncertainties, many of which are beyond Grainger's control, which could cause Grainger's results to differ materially from those that are presented. Forward-looking statements include, but are not limited to, statements about future strategic plans and future financial and operating results. Important factors that could cause actual results to differ materially from those presented or implied in the forward-looking statements include, without limitation: inflation, higher product costs or other expenses, including operational and administrative expenses; a major loss of customers; loss or disruption of sources of supply; changes in customer or product mix; increased competitive pricing pressures; changes in third-party practices regarding digital advertising; failure to enter into or sustain contractual arrangements on a satisfactory basis with group purchasing organizations; failure to develop, manage or implement new technology initiatives or business strategies including with respect to Grainger's eCommerce platforms and artificial intelligence; failure to adequately protect intellectual property or successfully defend against infringement claims; fluctuations or declines in Grainger's gross profit margin; Grainger's responses to market pressures; the outcome of pending and future litigation or governmental or regulatory proceedings, including with respect to wage and hour, anti-bribery and corruption, environmental, regulations related to advertising, marketing and the internet, consumer protection, pricing (including disaster or emergency declaration pricing statutes), product liability, compliance or safety, trade and export compliance, general commercial disputes, or privacy and cybersecurity matters; investigations, inquiries, audits and changes in laws and regulations; failure to comply with laws, regulations and standards, including new or stricter environmental laws or regulations; government contract matters; the impact of any government shutdown; disruption or breaches of information technology or data security systems involving Grainger or third parties on which Grainger depends; general industry, economic, market or political conditions; general global economic conditions, including existing, new, or increased tariffs, trade issues and changes in trade policies, inflation, and interest rates; currency exchange rate fluctuations; market volatility, including price and trading volume volatility or price declines of Grainger's common stock; commodity price volatility; facilities disruptions or shutdowns; higher fuel costs or disruptions in transportation services; effects of outbreaks of pandemic disease or viral contagions, global conflicts, natural or human induced disasters, extreme weather, and other catastrophes or conditions; effects of climate change; failure to execute on our efforts and programs related to environmental, social and governance matters; competition for, or failure to attract, retain, train, motivate and develop executives and key team members; loss of key members of management or key team members; loss of operational flexibility and potential for work stoppages or slowdowns if team members unionize or join a collective bargaining arrangement; changes in effective tax rates; changes in credit ratings or outlook; Grainger's incurrence of indebtedness or failure to comply with restrictions and obligations under its debt agreements and instruments and other factors that can be found in our filings with the Securities and Exchange Commission, including our most recent periodic reports filed on Form 10-K and Form 10-Q, which are available on our Investor Relations website. Forward-looking statements are given only as of the date of this communication and we disclaim any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. 

W.W. Grainger, Inc. and Subsidiaries

CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS

(In millions of dollars, except for share and per share amounts)

(Unaudited)

Three Months Ended

September 30,

Nine Months Ended

September 30,

2025

2024

2025

2024

Net sales

$     4,657

$     4,388

$   13,517

$   12,935

Cost of goods sold

2,859

2,668

8,254

7,853

Gross profit

1,798

1,720

5,263

5,082

Selling, general and administrative expenses

1,287

1,034

3,402

3,078

Operating earnings

511

686

1,861

2,004

Other (income) expense:

Interest expense – net

20

19

61

60

Other – net

(1)

(4)

(10)

(18)

Total other expense – net

19

15

51

42

Earnings before income taxes

492

671

1,810

1,962

Income tax provision

171

166

481

470

Net earnings

321

505

1,329

1,492

Less net earnings attributable to noncontrolling interest

27

19

74

58

Net earnings attributable to W.W. Grainger, Inc.

$        294

$        486

$     1,255

$     1,434

Earnings per share:

Basic

$       6.13

$       9.90

$     26.02

$     29.10

Diluted

$       6.12

$       9.87

$     25.97

$     29.00

Weighted average number of shares outstanding:

Basic

47.8

48.8

48.0

49.0

Diluted

47.9

48.9

48.1

49.2

W.W. Grainger, Inc. and Subsidiaries

CONDENSED CONSOLIDATED BALANCE SHEETS

(In millions of dollars)

(Unaudited)

As of

(Unaudited)

Assets

September 30, 2025

December 31, 2024

Current assets

Cash and cash equivalents

$                                 535

$                              1,036

Accounts receivable (less allowance for credit

losses of $36 and $32, respectively)

2,408

2,232

Inventories – net

2,275

2,306

Prepaid expenses and other current assets

206

163

Assets held for sale

50

—

Total current assets

5,474

5,737

Property, buildings and equipment – net

2,237

1,927

Goodwill

361

355

Intangibles – net

264

243

Operating lease right-of-use

320

371

Other assets

192

196

Total assets

$                              8,848

$                              8,829

Liabilities and Shareholders' Equity

Current liabilities

Current maturities

$                                     2

$                                 499

Trade accounts payable

1,123

952

Accrued compensation and benefits

297

324

Operating lease liability

76

78

Accrued expenses

410

407

Income taxes payable

25

45

Liabilities held for sale

82

—

Total current liabilities

2,015

2,305

Long-term debt

2,367

2,279

Long-term operating lease liability

275

327

Deferred income taxes and tax uncertainties

135

101

Other non-current liabilities

95

114

Shareholders' equity

3,961

3,703

Total liabilities and shareholders' equity

$                              8,848

$                              8,829

 W.W. Grainger, Inc. and Subsidiaries

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(In millions of dollars)

(Unaudited)

Three Months Ended

September 30,

Nine Months Ended

September 30,

2025

2024

2025

2024

Cash flows from operating activities:

Net earnings

$         321

$         505

$      1,329

$      1,492

Adjustments to reconcile net earnings to net cash

provided by operating activities:

Provision for credit losses

7

6

20

18

Deferred income taxes and tax uncertainties

36

9

37

24

Depreciation and amortization

65

59

190

175

Non-cash lease expense

21

20

62

61

Impairment loss and net losses from business

divestitures

196

—

196

—

Stock-based compensation

14

14

49

48

Change in operating assets and liabilities:

Accounts receivable

(40)

22

(252)

(183)

Inventories

(8)

15

(27)

86

Prepaid expenses and other assets

1

16

(32)

(26)

Trade accounts payable

(46)

(85)

185

99

Operating lease liabilities

(26)

(26)

(79)

(73)

Accrued liabilities

64

54

4

36

Income taxes – net

(5)

(2)

(42)

(64)

Other non-current liabilities

(3)

4

(20)

(10)

Net cash provided by operating activities

597

611

1,620

1,683

Cash flows from investing activities:

Capital expenditures

(258)

(88)

(558)

(283)

Proceeds from sale of assets

—

1

4

2

Other – net

(2)

2

11

19

Net cash used in investing activities

(260)

(85)

(543)

(262)

Cash flows from financing activities:

Proceeds from debt

27

500

90

503

Payments of debt

—

(21)

(503)

(38)

Proceeds from stock options exercised

—

16

2

26

Payments for employee taxes withheld from stock awards

(1)

(4)

(31)

(44)

Purchases of treasury stock

(291)

(227)

(798)

(739)

Cash dividends paid

(133)

(115)

(358)

(321)

Other – net

—

(1)

(1)

(2)

Net cash used in financing activities

(398)

148

(1,599)

(615)

Exchange rate effect on cash and cash equivalents

(1)

5

21

(18)

Net change in cash and cash equivalents

(62)

679

(501)

788

Cash and cash equivalents at beginning of period

597

769

1,036

660

Cash and cash equivalents at end of period

$         535

$      1,448

$         535

$      1,448

SUPPLEMENTAL INFORMATION - RECONCILIATION OF GAAP TO NON-GAAP
FINANCIAL MEASURES (Unaudited)

The Company supplements the reporting of financial information determined under U.S. generally accepted accounting principles (GAAP) with the non-GAAP financial measures as defined below. The Company believes these non-GAAP financial measures provide meaningful information to assist investors in understanding financial results and assessing future performance as they provide a better baseline for analyzing the ongoing performance of its business by excluding items that may not be indicative of core operating results.

Basis of presentation
The Company has a controlling ownership interest in MonotaRO, which is part of our Endless Assortment segment. MonotaRO's results are fully consolidated, reflected in U.S. GAAP, and reported one-month in arrears. Results will differ from MonotaRO's externally reported financials which follow Japanese GAAP.

Adjusted gross profit, adjusted SG&A, adjusted operating earnings, adjusted operating margin, adjusted net earnings, adjusted diluted EPS
Exclude certain non-recurring items, like restructuring charges, asset impairments, gains and losses associated with business divestitures and other non-recurring, infrequent or unusual gains and losses (together referred to as "non-GAAP adjustments"), from the Company's most directly comparable reported U.S. GAAP figures (reported gross profit, SG&A, operating earnings, net earnings and EPS). The Company believes these non-GAAP adjustments provide meaningful information to assist investors in understanding financial results and assessing future performance as they provide a better baseline for analyzing the ongoing performance of its business by excluding items that may not be indicative of core operating results.

Free cash flow (FCF) 
Calculated using total cash provided by operating activities less capital expenditures. The Company believes the presentation of FCF allows investors to evaluate the capacity of the Company's operations to generate free cash flow.

Daily sales 
Refers to sales for the period divided by the number of U.S. selling days for the period.

Daily, constant currency sales
Refers to daily sales adjusted for changes in foreign currency exchange rates.

Daily, organic constant currency sales
Refers to daily sales excluding the sales of certain divested or closed businesses in the comparable prior year period post date of divestiture or closure and changes in foreign currency exchange rates.

Foreign currency exchange
Calculated by dividing current period local currency daily sales by current period average exchange rate and subtracting the current period local currency daily sales divided by the prior period average exchange rate.

U.S. selling days:
2024: Q1-64, Q2-64, Q3-64, Q4-64, FY-256
2025: Q1-63, Q2-64, Q3-64, Q4-64, FY-255
2026: Q1-63, Q2-64, Q3-64, Q4-64, FY-255

As non-GAAP financial measures are not standardized, it may not be possible to compare these measures with other companies' non-GAAP measures having the same or similar names. These non-GAAP measures should not be considered in isolation or as a substitute for reported results. These non-GAAP measures reflect an additional way of viewing aspects of operations that, when viewed with GAAP results, provide a more complete understanding of the business. This press release also includes certain non-GAAP forward-looking information. The Company believes that a quantitative reconciliation of such forward-looking information to the most comparable financial measure calculated and presented in accordance with GAAP cannot be made available without unreasonable efforts. A reconciliation of these non-GAAP financial measures would require the Company to predict the timing and likelihood of future restructurings, asset impairments, and other charges. Neither of these forward-looking measures, nor their probable significance, can be quantified with a reasonable degree of accuracy. Accordingly, a reconciliation of the most directly comparable forward-looking GAAP measures is not provided.

The reconciliations provided below reconcile GAAP financial measures to non-GAAP financial measures used in this release: daily sales; daily, constant currency sales; and free cash flow.

Sales growth for the three months ended September 30, 2025

(percent change compared to prior year period)

(unaudited)

Q3 2025

Total Company

High-Touch Solutions - N.A.

Endless Assortment

Reported sales

6.1 %

3.4 %

18.2 %

Daily impact

— %

— %

— %

Daily sales(1)

6.1 %

3.4 %

18.2 %

Foreign currency exchange(2)

(0.7) %

— %

(3.6) %

Daily, constant currency sales

5.4 %

3.4 %

14.6 %

(1) Based on U.S. selling days, there was 64 selling days in Q3 2025 and Q3 2024.

(2) Excludes the impact of year-over-year foreign currency exchange rate fluctuations.

Free cash flow (FCF) for the three months ended September 30, 2025

(in millions of dollars)

(unaudited)

Q3 2025

Net cash flows provided by operating activities                                   

$                                                  597

Capital expenditures

(258)

Free cash flow

$                                                  339

Income statement adjustments  for the three months ended September 30, 2025 and 2024

(in millions of dollars)

(unaudited)

Q3 2025

Reported

Adjusted (2)  

Reported

Adjusted

Reported

Adjustment(1)

Adjusted

% of Net sales

Y/Y

Earnings reconciliation:

SG&A

$     1,287

$              (196)

$    1,091

27.6 %

23.4 %

24.5 %

5.5 %

Operating earnings

511

196

707

11.0

15.2

(25.5)

3.1

Other expense — net

(19)

—

(19)

0.4

0.4

26.7

26.7

Earnings before income

taxes

492

196

688

10.6

14.8

(26.7)

2.5

Income tax provision(3)

(171)

—

(171)

3.7

3.7

3.0

3.0

Net earnings

321

196

517

6.9

11.1

(36.4)

2.4

Noncontrolling interest(4)

(27)

—

(27)

0.6

0.6

42.1

42.1

Net earnings attributable

to W.W. Grainger, Inc.

$       294

$               196

$       490

6.3 %

10.5 %

(39.5) %

0.8 %

Diluted earnings per share:

$      6.12

4.09

$    10.21

(38.0) %

3.4 %

Q3 2024

Reported

Adjusted (2)  

Reported

Adjusted

Reported

Adjustment(1)

Adjusted

% of Net sales

Y/Y

Earnings reconciliation:

SG&A

$     1,034

$                  —

$    1,034

23.6 %

23.6 %

4.7 %

4.7 %

Operating earnings

686

—

686

15.6

15.6

2.8

2.8

Other expense — net

(15)

—

(15)

0.3

0.3

—

—

Earnings before income

taxes

671

—

671

15.3

15.3

2.9

2.9

Income tax provision

(166)

—

(166)

3.8

3.8

4.4

4.4

Net earnings

505

—

505

11.5

11.5

2.4

2.4

Noncontrolling interest(4)

(19)

—

(19)

0.4

0.4

11.8

11.8

Net earnings attributable

to W.W. Grainger, Inc.

$       486

$                  —

$       486

11.1 %

11.1 %

2.1 %

2.1 %

Diluted earnings per share:

$      9.87

—

$      9.87

4.7 %

4.7 %

(1) Reflects the asset impairment loss and other expenses recorded in the third quarter of 2025 related to the Company's intention to exit the U.K. market,

     including the planned divestiture of the Cromwell business, which was held for sale as of September 30, 2025. There were no non-GAAP adjustments

     for three months ended September 30, 2024.

(2) Calculated on the basis of reported net sales for the third quarter of 2025 and 2024.

(3)  The Company's reported and adjusted effective tax rates were 34.7% and 24.8% for the third quarter of 2025, respectively.

(4) The Company has a controlling ownership interest in MonotaRO with the residual representing noncontrolling interest.

SOURCE W.W. Grainger, Inc.

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Abercrombie & Fitch Management Co.

NEW ALBANY, Ohio, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Abercrombie & Fitch Co. (NYSE: ANF) will host its quarterly earnings conference call for all interested parties on Tuesday, November 25, 2025, at 8:30 a.m. ET. A press release detailing the company’s third quarter results is expected to be issued shortly after 7:30 a.m. ET.   In addition, a presentation of the third quarter results will be available on the company’s website at approximately 7:30 a.m. ET.

Conference Call:To access the conference call by phone, participants will need to register to obtain a dial-in phone number and an access code. Register for the call using this link.  Webcast:To listen to a live webcast of the call, please visit corporate.abercrombie.com/investors/news-and-events/events/ and click the link to the webcast.  Replay:A replay of the webcast will be available at corporate.abercrombie.com/investors shortly after the call ends and will be archived for one year. Further information is available at corporate.abercrombie.com. Important information may be disseminated initially or exclusively via the website: investors should consult the site to access this information.

About Abercrombie & Fitch Co.

Abercrombie & Fitch Co. (NYSE: ANF) is a global, digitally led omnichannel specialty retailer of apparel and accessories catering to kids through millennials with assortments curated for their specific lifestyle needs.

The company operates a family of brands, including Abercrombie brands and Hollister brands, each sharing a commitment to offer products of enduring quality and exceptional comfort that support global customers on their journey to being and becoming who they are. Abercrombie & Fitch Co. operates approximately 810 stores under these brands across North America, Europe, Asia and the Middle East, as well as the e-commerce sites abercrombie.com, abercrombiekids.com, and hollisterco.com.

Investor Contact: Media Contact:Mo Gupta Kate WagnerAbercrombie & Fitch Co. Abercrombie & Fitch Co.(614) 283-6751 (614) [email protected] [email protected]

SummaryStellantis reported Q3 sales growth and slight U.S. market share gains, but fundamentals have deteriorated significantly.STLA faces cash burn, declining margins, and a major $13B U.S. investment, shifting from a net cash to net debt position.Despite top-line recovery, cash flow remains negative, and the investment thesis now relies solely on a risky turnaround scenario.I maintain a sell rating on STLA, viewing it as a potential value trap rather than an undervalued opportunity, preferring GM among peers.Analyst’s Disclosure:I/we have a beneficial long position in the shares of RACE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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While the bank cautioned that appraisal drilling and commercial testing will be needed to confirm recoverable volumes, it said the initial results reinforce BP’s strategy of focusing on higher-margin, lower-carbon barrels in regions with fiscal stability and existing infrastructure.

Citi kept its 'buy' rating and 475p price target, saying Bumerangue strengthens BP’s medium-term growth story at a time when investor sentiment toward traditional exploration remains subdued.

KINGSTON, NEW YORK / ACCESS Newswire / October 31, 2025 / Kingstone Companies, Inc. (Nasdaq:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per share of common stock. The Company will pay the dividend on November 26, 2025, to stockholders of record at the close of business on November 11, 2025.

Portland General Electric (POR - Free Report) came out with quarterly earnings of $1 per share, beating the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $0.9 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +2.04%. A quarter ago, it was expected that this electric utility would post earnings of $0.65 per share when it actually produced earnings of $0.66, delivering a surprise of +1.54%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Portland General Electric, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $952 million for the quarter ended September 2025, missing the Zacks Consensus Estimate by 2.51%. This compares to year-ago revenues of $929 million. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Portland General Electric shares have added about 5% since the beginning of the year versus the S&P 500's gain of 16%.

What's Next for Portland General Electric?While Portland General Electric has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Portland General Electric was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.71 on $892.8 million in revenues for the coming quarter and $3.22 on $3.6 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Utility - Electric Power is currently in the top 24% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Consolidated Edison (ED - Free Report) , another stock in the same industry, has yet to report results for the quarter ended September 2025. The results are expected to be released on November 6.

This utility is expected to post quarterly earnings of $1.76 per share in its upcoming report, which represents a year-over-year change of +4.8%. The consensus EPS estimate for the quarter has been revised 3.3% higher over the last 30 days to the current level.

Consolidated Edison's revenues are expected to be $4.16 billion, up 1.7% from the year-ago quarter.

Linde (LIN - Free Report) came out with quarterly earnings of $4.21 per share, beating the Zacks Consensus Estimate of $4.18 per share. This compares to earnings of $3.94 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +0.72%. A quarter ago, it was expected that this gas supplier would post earnings of $4.03 per share when it actually produced earnings of $4.09, delivering a surprise of +1.49%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Linde, which belongs to the Zacks Chemical - Specialty industry, posted revenues of $8.62 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.17%. This compares to year-ago revenues of $8.36 billion. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Linde shares have added about 2.7% since the beginning of the year versus the S&P 500's gain of 16%.

What's Next for Linde?While Linde has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Linde was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $4.24 on $8.63 billion in revenues for the coming quarter and $16.46 on $33.84 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Chemical - Specialty is currently in the bottom 39% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Senestech, Inc. (SNES - Free Report) , another stock in the same industry, has yet to report results for the quarter ended September 2025.

This company is expected to post quarterly loss of $0.35 per share in its upcoming report, which represents a year-over-year change of +83.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Senestech, Inc.'s revenues are expected to be $0.73 million, up 52.1% from the year-ago quarter.

On Sept. 30, Nu Holdings Ltd. NYSE: NU announced that it had applied for a national bank license in the United States.

SMITHFIELD, Va., Oct. 31, 2025 (GLOBE NEWSWIRE) -- Smithfield Foods donated $150,000 to 30 food banks in its 22-state operational footprint to support neighbors in local communities experiencing food insecurity.

“Smithfield believes in the power of community and the importance of supporting hunger relief,” said Jim Monroe, vice president of corporate affairs for Smithfield Foods. “This donation helps provide critical support to our neighbors facing hunger and reflects our continuing commitment to doing good in the places we call home.”

The recipient food banks include:

Colorado – Food Bank of the RockiesGeorgia – Atlanta Community Food BankIllinois – Northern Illinois Food BankIndiana – Gleaners and Food Finders Food BankIowa – Food Bank of Iowa and River Bend Food BankKansas – Kansas Food BankKentucky – God’s Pantry Food BankMaryland – Maryland Food BankMassachusetts – Food Bank of Western MassachusettsMinnesota – Second Harvest HeartlandMissouri – Second Harvest Community Food Bank, Harvesters – The Community Food Network, Food Bank for Central & Northeast Missouri, and Ozarks Food HarvestNebraska – Food Bank for the Heartland and Food Bank of LincolnNorth Carolina – Food Bank of Central & Eastern North Carolina and Second Harvest Food Bank of Southeast North CarolinaOhio – Freestore FoodbankOklahoma – Regional Food Bank of OklahomaPennsylvania – Westmoreland Food BankSouth Carolina – Harvest Hope Food BankSouth Dakota – Feeding South DakotaTennessee –Second Harvest Food Bank of Middle TennesseeUtah – Utah Food BankVirginia – Virginia Peninsula Foodbank and Foodbank of Southeastern Virginia and the Eastern ShoreWisconsin – Feeding America Eastern Wisconsin These donations are part of Smithfield’s long-standing commitment to fighting hunger and strengthening the communities where its employees live, work and raise their families.

Smithfield's hunger relief program, Helping Hungry Homes®, has provided hundreds of millions of servings of protein in all 50 U.S. states since 2008. Smithfield donated more than 25 million servings of protein, valued at nearly $28 million, to food banks, disaster relief efforts and community outreach programs across the U.S. in 2024. 

To learn more about Smithfield’s initiatives to strengthen local communities, visit smithfieldfoods.com/good-is-what-we-do.

About Smithfield Foods 
Smithfield Foods, Inc. (Nasdaq: SFD) is an American food company with a leading position in packaged meats and fresh pork products. With a diverse brand portfolio and strong relationships with U.S. farmers and customers, we responsibly meet demand for quality protein around the world.

Contact:

Ray Atkinson 
Smithfield Foods
(757) 576-1383 
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/238348bb-62ae-4295-8859-4eef1e449f48

Newell Brands (NWL - Free Report) came out with quarterly earnings of $0.17 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -5.56%. A quarter ago, it was expected that this consumer products company would post earnings of $0.24 per share when it actually produced earnings of $0.24, delivering no surprise.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Newell Brands, which belongs to the Zacks Consumer Products - Staples industry, posted revenues of $1.81 billion for the quarter ended September 2025, missing the Zacks Consensus Estimate by 4.56%. This compares to year-ago revenues of $1.95 billion. The company has topped consensus revenue estimates just once over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Newell Brands shares have lost about 52.6% since the beginning of the year versus the S&P 500's gain of 16%.

What's Next for Newell Brands?While Newell Brands has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Newell Brands was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.26 on $1.98 billion in revenues for the coming quarter and $0.67 on $7.37 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Consumer Products - Staples is currently in the bottom 17% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

National Vision (EYE - Free Report) , another stock in the same industry, has yet to report results for the quarter ended September 2025. The results are expected to be released on November 5.

This discount optical retailer and eye care provider is expected to post quarterly earnings of $0.12 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

National Vision's revenues are expected to be $474.55 million, up 5.1% from the year-ago quarter.

SAN DIEGO, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP, a leading stockholder rights law firm, continues an investigation into certain board members and executive officers of FMC Corporation (NYSE: FMC) for potential breaches of fiduciary duties and violations of the federal securities laws.

What is Johnson Fistel Investigating? Previously, a class action complaint was filed against the company alleging that Defendants made materially false and/or misleading statements and/or failed to disclose material adverse facts about the Company’s business, operations, and prospects throughout the Class Period. Specifically, Defendants failed to disclose that: (1) FMC’s channel management initiatives were not progressing as announced; (2) FMC, facing pricing pressure, decided to avoid sales opportunities rather than compete on pricing; and (3) as a result, FMC’s inventory in Latin America, Asia, Canada, and Eastern Europe became inflated.

Current stockholders who held their FMC stock before November 16, 2023, are encouraged to contact Johnson Fistel to discuss their legal rights in this matter. You can click or copy and paste the following link to join this investigation: https://www.johnsonfistel.com/investigations/fmc-corp/

About Johnson Fistel, PLLP:
Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com.

Attorney advertising.
Past results do not guarantee future outcomes.
Services may be performed by attorneys in any of our offices.

Johnson Fistel, PLLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content.

Contact:
Johnson Fistel, PLLP
501 W. Broadway, Suite 800, San Diego, CA 92101
James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471
[email protected] or [email protected]

, /PRNewswire/ -- Leatt Corporation (OTCQB: LEAT), a leading developer and marketer of head-to-toe protective gear for a variety of sports, with an emphasis on extreme and high-velocity sports, announced today that it plans to release its financial results for the third quarter 2025 before the market opens on Thursday, November 6, 2025. The Leatt management team will host a conference call to discuss the Company's financial results on the same day at 10:00 am ET.

Conference Call:

Participants should dial in to the call ten minutes before the scheduled time, using the following numbers: 1-800-445-7795 (USA) or 1-785-424-1699 (international) to access the call.

Audio Webcast:

There will also be a simultaneous live webcast through the Company's website at www.leatt-corp.com. Participants should register on the website approximately ten minutes prior to the start of the webcast.

Replay:

An audio replay of the conference call will be available for seven days and can be accessed by dialing 1-844-512-2921 (USA) or 1-412-317-6671 (international). The replay passcode is 11160350.

For those unable to attend the call, a recording of the live webcast will be archived shortly following the event for 30 days on the Company's website.

About Leatt Corp

Driven by the science of thrill, Leatt Corporation develops head-to-toe personal protective gear for various sports, with a focus on mountain biking and extreme motorsports. This includes the award-winning Leatt-Brace®, a neck brace system considered the gold standard for neck protection when worn in conjunction with a helmet. Leatt products are designed for participants in extreme sports – more specifically - riding motorcycles, bicycles, mountain bikes, all-terrain vehicles, snowmobiles, and other open-air vehicles. For more information, visit www.leatt.com.

Follow Leatt® on Facebook, Twitter, and Instagram.

SOURCE Leatt Corporation

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October 31, 2025 7:00 AM EDT | Source: American Copper Development Corporation (Formerly Known as Cirrus Gold Corp.)
Vancouver, British Columbia--(Newsfile Corp. - October 31, 2025) - American Copper Development Corporation (CSE: ACDX) ("ACDX" or the "Company") announces a leadership transition.

Effective immediately, Anthony Paterson has been appointed Chief Executive Officer and Director, with Jeremy Ross and Ali Pickett joining the Board.

Mr. Anthony Paterson is an experienced venture builder and corporate strategist with a background in advancing exploration and development-stage companies. As an early strategic contributor to Prime Mining Corp., he currently serves as Lead Director of West Point Gold Corp. (TSXV: WPG) and Co-Founder of Patriot Critical Minerals Corp.

Mr. Jeremy Ross brings over twenty-five years of capital markets and corporate finance experience, having played key roles in several successful resource companies, including Prime Mining Corp., Fission Uranium Corp., Lithium Chile and American Lithium Corp.

Mr. Ali Pickett is a seasoned Chief Financial Officer and finance executive with over 17 years of experience spanning mining, biotechnology, and real estate. His expertise covers financial strategy, cross-border reporting, and capital markets transactions across multiple sectors.

The Company also announces the resignations of Daniel Schieber (CEO and Director), Stuart Ross, and Marcio Fonseca (Directors), effective October 30, 2025.

The new leadership team is undertaking a review of its assets, capital structure, and strategic priorities to refocus on value creation and disciplined execution.

About the Company

The Company is engaged in the business of mineral exploration and the acquisition of mineral property assets. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration program on the Lordsburg Property.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

American Copper Development Corporation

For further information, please contact:‎
Anthony Paterson
Chief Executive Officer and Director
Phone: (778) 372-9888
Email: [email protected]

Cautionary Statement Regarding Forward-Looking Information

This news release includes certain "forward-looking ‎information" under applicable Canadian securities legislation, which include, but are limited to, statements relating to the use of proceeds from the Private Placement. ‎Forward-looking information involves risks, uncertainties, and other factors that could cause ‎actual results, performance, prospects, and opportunities to differ materially from those ‎expressed or implied by such forward-looking information. Forward-looking information is necessarily based on a number of estimates and ‎assumptions that, while considered reasonable, are subject to known and unknown risks, ‎uncertainties and other factors which may cause actual results and future events to differ ‎materially from those expressed or implied by such forward-looking information. ‎Accordingly, the forward-looking information discussed in this release, may not occur and ‎could differ materially as a result of these known and unknown risk factors and uncertainties ‎affecting ACDX. Although ACDX believes that the assumptions and factors used in ‎preparing the forward-looking information are reasonable, undue reliance should not be placed ‎on this information, which only applies as of the date of this news release, and no assurance can ‎be given that such events will occur in the disclosed time frames or at all. Except where ‎required by law, ACDX disclaims any intention or obligation to update or revise any forward-‎looking information, whether as a result of new information, future events, or otherwise.‎

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272697

QUEBEC CITY, Oct. 31, 2025 (GLOBE NEWSWIRE) -- West African gold producer and developer Robex Resources Inc. (“Robex” or the “Company”) (TSX-V: RBX | ASX: RXR | OTC: RSRBF | Börse Frankfurt: RB4) is pleased to report on its activities for the September 2025 Quarter. Robex owns the Nampala Gold Mine in Mali and continues to make strong progress on the construction of the Kiniero Gold Project in Guinea, which remains on schedule for first gold pour in Q4 CY25.

Highlights:

Robex and Predictive Discovery (ASX: PDI) announced a merger of equals, aiming to create a strengthened mid-tier West African gold producer. The merger, announced on 6 October 2025, is expected to close by early 2026, subject to satisfaction of closing conditions and shareholder approval.Robex accelerated the expiry of its 2024 warrants from 27 June 2026 to 18 October 2025 after the share price exceeded C$3.50 for 10 consecutive trading days. The Company raised C$148.2M, strengthening its balance sheet and highlighting strong investor confidence.Robex amended its US$130 million senior facility with Sprott, unlocking up to US$90 million to support Kiniero Gold Project development.Mining commenced on day and night shift at Kiniero, with delivery of ore to the run-of-mine (ROM) pad.Kiniero construction remains on schedule and on budget for first gold pour in Q4 2025. Mining is underway and more than 4.8 million LTI-free hours have been recorded. Major milestones have been achieved including near-complete mills, 45% electrical progress at the power station, 76% completion of the TSF, and full delivery of structural and electrical materials.Initiated 20,000m RC drilling at Sabali South (Kiniero) to expand resources, with diamond drilling planned at SGA and NEGD, while near-mine exploration continued at Nampala to extend mine life.Strategic planning advanced 2026 exploration programs, budgeting and target generation across Guinea and Mali.Nampala operation remains Lost Time Injury (LTI) free, with more than 2.04 million hours worked. Kiniéro project has recorded 4.86 million LTI-free hours.Nampala produced 9,774 ounces and sold 9,529 ounces of gold during the September 2025 quarter.Year-to-date gold production from Nampala totalled 34,401oz at an All-in Sustaining (AISC) of C$2,555/oz. Robex’s Managing Director and CEO Matt Wilcox commented:

“We advanced the Kiniero Gold Project strongly throughout the September quarter, with mining now underway and delivery of ore to the ROM pad, with drilling and blasting to commence shortly. Construction is progressing across all major areas, with no lost-time injuries reported during the quarter.

“Key milestones included major progress on the process plant, completion of critical concrete works, advancement of CIL tank installation, and continued work on the SAG mill and tailings storage facility. Site infrastructure, including power generation and fuel facilities, also progressed in line with schedule.

We remain committed to delivering Kiniero safely, efficiently, and responsibly, while maintaining strong engagement with host communities and stakeholders. Meanwhile, operations at the Nampala Gold Mine in Mali continued to perform despite challenging operating conditions.”

Kiniéro Gold Project, Guinea

Construction Overview

The Kiniero Project remains on track for first gold pour in Q4 2025, with construction and mine development advancing in line with schedule milestones.

Mining

Mining operations commenced during the quarter on both day and night shifts, with 82,590 tonnes of material mined, including 20,625 tonnes of ore and 10,000 tonnes of ore rehandled from historical stockpile to the main ROM pad.Initial mining activities have commenced with free-digging operations, and the first production blast being completed mid-October.Mining & ROM Pad management contracts services, Grade control contract services, Drill & Blast contract services and secondary haulage contract services all executed, and contractors have mobilised to site.

Figure 1: Aerial view of the Kiniéro site showing construction progress and ore stockpile on the ROM Pad

Process Plant and Infrastructure

Concrete work for the process plant and power station completed during the quarter, marking a major construction milestone.All platework, structural steel, piping, and electrical materials delivered to site.Structural, Mechanical & Piping (SMP) works are advancing, with structural steel erected or preassembled.SAG mill assembly is complete, with the mill floating on its bearing and the right gear installed; alignment and drivetrain installation are scheduled for early Q4 2025.Ball mill assembly is nearing completion, with ring gear installation to follow.Primary crushing and reclaim areas are well advanced, with steelwork and platework installation currently underway.Leaching circuit construction is ahead of schedule, with all intertank screens and agitators near complete on train A.Steelwork for the elution, gold room and reagent areas is progressing strongly. The onsite pipe fabrication workshop is fully operational, supporting accelerated progress in piping installation. Power Generation and Electrical Works

The power station construction remains on schedule, with low voltage motor control centres (MCCs) delivered and installed.Four engines (4MW) delivered to site, with based frame preparation underway and installation expected in October.Electrical work is advancing, with nearly 30,000m of cabling installed and the power station 45% electrically complete.Engine haul building structural steel completed, with cladding and ancillary works progressing.Fuel storage facility tankage erection progressed according to plan during the quarter. Tailing Storage Facility (TSF)

Construction of tailings storage facilities (TSF) is progressing on schedule.The eastern embankment is progressing strongly, with +500,000m3 of fill placed.Lining crew remobilized during last September, installing 78,650m2 of HDPE Liner.Earthworks for the tailing pipeline containment channel and process water pond completed and prepared for lining. Other Infrastructure

Overland HDPE piping, including the tailings and freshwater pipelines, advanced well with over 15km welded by quarter-end.Field-erected tankage reached 99% complete, with painting outstanding.Concrete contracting works completed, with contractor demobilization commencing in early October.ROM Haul roads and site access roads progressed, maintaining efficient material movement to the processing area. Construction Next Steps – Q4 2025

In the quarter ahead, Robex expects to:

Continue with SMP works for the process plant and power station.Complete mill installation.Continue with electrical and instrumentation installation in a staged approach to allow energization of switch rooms for commissioning in November.Complete the installation of four engines and commence commissioning and run on diesel by mid-November.Continue with tailings storage facility earthworks and lining.Complete mobilisation of operations, operation readiness and commissioning teams. Complete recruitment of operators and commence training programs.Continue with mining development works and ramp up mining with more ore delivered to the ROM pad.Continue grade control drilling at Sabali pit. Community Relations
During the quarter, Robex’s Kiniero project maintained strong engagement with host communities through the delivery of key social and community initiatives under the Company’s Corporate Social Responsibility (CSR) program:

Construction of four community centres in Ballan, Fara-Ballan, Mansounia, and Kiniero Centre were completed during the September quarter, with work having commenced in prior periods. Upgrades to the Ballan Primary School, including new facilities, were also finalised during the quarter.Improved local healthcare services through ambulance repairs at the Kiniero Health centre, donation of anti-venoms and installation of solar-powered equipment for vaccine storage.Supported education and community development, including the distribution of school kits to first-year students in nearby villages, and financial assistance for local cultural, religious, and sporting events.Maintained regular community engagement, with ongoing consultations held across projected-affected areas. Environmental and Safety Performance
At the in-development Kiniéro Project, Robex maintained strong environmental and health & safety practices during the quarter, reinforcing its commitment to responsible mining and early-stage community engagement. This proactive approach included:

Safety performance remained strong, with no lost time injuries (LTIs) recorded during the quarter.A new on-site ambulance was delivered, equipped with upgraded medical and emergency equipment to enhance first-response capability.The medical services contractor (AMS) mobilized in mid-September, including an expatriate emergency doctor and establishment of a dedicated emergency room.Construction of the new site clinic progressed and is expected to be completed by the end of October.The tree nursery program continued during the quarter, with extensive seeding underway to support future site rehabilitation and biodiversity enhancement.Contract for septic waste removal was finalised and waste management activities continued with the company’s waste removal contractor.Water samples were collected and sent for analysis at Sabali camp treatment plant to ensure continued compliance with environmental and health standards. Pre-Production Grade Control Completed at Sabali South

Robex has completed its pre-production grade control drilling campaign at Sabali South, ahead of planned mining activities at the deposit in Q4 2025. This follows the completion of the Mansounia grade control drilling program in Q2. The program comprised 2,843 inclined grade control drill holes, totalling 66,105 metres, aimed at refining subsurface grade definition in preparation for the commencement of mining. Grade control drilling results at Sabali south closely tracked the Mineral Reverse model. Results confirm the robustness of the geological model and support short-term mine planning.

September Quarter Progress at Kiniéro Gold Project, Guinea

Figure 2: Reclaim Chamber

Figure 3: Primary Crusher 

Figure 4: Milling & CIL Tank Train

Figure 5: CIL Tank Train A & B

Figure 6: Areial view of Kiniero site

Figure 7: Power Station

Nampala Gold Operation, Mali

 UnitsQ1 FY25Q2 FY25Q3 FY25 YTD FY25Financial Data             ProductionOz12,89211,7359,774 34,401SalesOz11,86913,1049,529 34,501Average Realised PriceC$/oz4,1604,5864,870 4,518       RevenueC$M49,37360,09946,406 155,878       Operating Data      Ore Minedt631,515720,924353,818 1,706,257Waste Minedt2,370,5691,964,1181,587,604 5,922,291Total Material Minedt3,002,0842,685,0421,941,442 7,628,548Stripping ratiow/o3.752.724.48 3.47Ore processedt559,013547,749501,300 1,608,062Head gradeg/t0.820.760.69 0.76Recovery%87.687.388.4 87.7               Material Mined: During the September 2025 quarter, total material mined amounted to 1,941,442 tonnes, comprising 1,587,604 tonnes of waste and 353,818 tonnes of ore. The strip ratio increased to 4.48, a 64.7% rise from 2.72 in the June 2025 quarter. This increase reflects a strategic focus on waste removal to facilitate access to deeper ore zones, which are expected to enhance both grade quality and ore availability in future periods.
Ore Processed: A total of 501,300 tonnes of ore were processed during the quarter, representing an 8.5% decrease from 547,749 tonnes in the June 2025 quarter. The reduced throughput was primarily due to limited ore availability, stemming from chute blockages, ore clogging caused by heavy rainfall, and electrical issues affecting instrumentation. Additional downtime for maintenance and crusher teeth replacement also contributed to the lower processing volumes.
Head Grade: The average head grade for the quarter was 0.69 g/t, down 10.2% (or 0.07 g/t) from 0.76 g/t in the previous quarter. This decline reflects the processing of an average-grade ore blend during the period. Despite the reduction, the grade remains aligned with the mine plan and grade control parameters.Recovery rate: Recovery improved to 88.4%, up 1.1% from 87.3% in the June quarter. This improvement was driven by enhanced control of high-grade rejects, which averaged 0.075 g/t compared to 0.092 g/t in the prior quarter. The improvement also reflects a lower proportion of transitional ore processed during the period.Gold Production: Gold production for the September 2025 quarter declined by 1,962 ounces to 9,774 ounces compared to the June quarter. The decrease was primarily due to lower mill throughput and a reduction in feed grade, which averaged 0.69 g/t versus 0.76 g/t in the June quarter. Environmental and Safety Performance

Safety performance remained strong, with no lost time injuries (LTIs) recorded during the quarter.No reportable environmental incidents or breaches recorded.Environmental monitoring programs continue for noise management, water and air quality Community and Social Responsibility
Robex continued to support local communities at the Nampala Mine during Q3 2025, reinforcing its commitment to sustainable development and community engagement. This included:

Contribution of ~C$353k to the local mining development fund.Support for education and training, including vocational programs for 32 young Malians and distribution of school supplies to students in nearby villages.Local partnerships and employment initiatives, including market garden purchases from women’s associations and engagement of community service providers through GIE Balimaya.Infrastructure improvements, including rehabilitation of the 36km N’Tjikouna-Nampala-Finkolo-Tiola road.Financial support for cultural, religious, and community events, including festivals and artistic biennials.Skills development and hydraulic training for 12 community members, plus provision of pump repair kits to local town halls.Extensive local procurement, supporting regional suppliers and strengthening economic opportunities in the Sikasso region. Exploration and Development
During the quarter, Robex made significant progress across its West African exploration portfolio, with key developments including:

Appointments

Exploration Leadership Appointments: A new Chief Exploration Officer, Mr. Justin Rivers commenced during the quarter, bringing extensive leadership and exploration expertise to the executive team. A Chief Exploration Geologist for Kiniero was also appointed, further strengthening in-country technical leadership.Structural Geology Specialist Engaged: consultant engaged to undertake comprehensive desktop and field-based structural mapping and interpretation of the Kiniero Gold Project in Guinea. The study aims to improve ore body understanding, specifically the structural controls on gold mineralisation, to guide planned exploration drilling and enhance deposit (Resource) Modelling. Kiniero Gold Project, Guinea

Reverse Circulation (RC) Drilling Program – Sabali South Deposit: A three-month RC drilling program commenced targeting depth extensions and infill opportunities in the central and northern portions of the Sabali South Deposit. The program comprises approximately 115 RC holes for ~20,000 metres, aiming to delineate an extensional indicated/inferred resource to support follow-up infill and conversion drilling activities planned for 2026.Diamond drilling program – SGA and NEGD Deposits: Final planning was completed for a diamond drilling campaign schedule to commence in October. The program will consist of 8 diamond holes for ~3,151 metres, targeting improve structural and lithological understanding at depth. The key objective is to define a potential maiden fresh rock inferred resource to support a conceptual underground mine planning study. Nampala Near-Mine Exploration, Mali

Near-mine exploration activities continued around the Nampala plant to evaluate sustaining, replacement and growth options, aiming to extend the mine’s life and enhance operational flexibility. CORPORATE

Sprott Facility

Robex maintains a US$130 million (C$177.9 million) senior secured facility with Sprott Resource Lending (US Manager) Corp. (“Sprott”) as agent and lead arranger, supporting construction of the Kiniero Gold Project and working capital requirements. The first drawdown of US$25 million (C$34 million) was completed in March 2025.

On 4 September 2025, Robex announced amendments to the Facility Agreement, providing enhanced funding flexibility. Under the revised terms, Robex now has access to US$90 million of the remaining facility without requiring the Mansounia Exploitation Permits or Mining Convention. This included an immediate US$30 million drawdown and US$60 million held in a Debt Proceeds Account, subject to standard release conditions. The remaining US$15m remains subject to receipt of the Mansounia mining permit and mining convention.

Capital Structure Update

The Company’s issued capital increase from 218,202,805 shares at 30 June 2025 to 244,079,269 at 30 September 2025. There shares are dual listed on the ASX (as CDIs) and the TSXV (as common shares).

Robex completed the acceleration of the expiry date for its listed common share purchase warrants issued on 27 June 2024, following ten consecutive trading days where the Company’s share price exceeded C$3.50 per share. As a result, the expiry date was advanced from 27 June 2026 to 18 October 2025:

During Q3, 25,876,464 warrants were exercised, generating gross proceeds of C$66.0 million.Between quarter-end and 18 October 2025, an additional 32,249,534 warrants were exercised, raising C$82.2 million.In total, from Q2 through to the end of the warrant exercise period, 58,125,998 warrants were exercised, resulting in gross proceeds of C$148.2 million.The remaining 130,006 warrants were not exercised and expired on 18 October 2025. FY25 GuidanceQ3 FY25YTD FY25 ForecastNampala Gold Operation    Gold Production9,774 Oz34,401 Oz 46,000 – 48,000 OzAll-in sustaining cost (AISC) (per ounce of gold sold)$2,555$2,318 <$2,400Sustaining capex$7,489$25,558 $30 - $34 millionStripping costs$6,736$22,184 $26 – $30 million           ASIC guidance has increased, driven by higher royalty payments resulting from elevated gold prices. Robex achieved a realised selling price of C$4,518/oz, significantly above the budgeted C$3,197/oz.

The Nampala mine remains on track to meet its full-year FY25 production guidance of 46,000 to 48,000 ounces, subject to the operational situation in Mali, including reliable access to fuel.

For FY25, sustaining capital expenditure is forecast to range between C$30–34 million, while stripping costs are estimated at C$26–30 million.

The following assumptions were used in preparing the 2025 forecast:

Average realized selling price for gold: C$3,197 per ounceFuel price: C$1.85 per litre$USD/$CAD exchange rate: 1.39 This announcement was approved and authorised for release by the Company’s Board of Directors.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Robex Resources Inc.
Matthew Wilcox, Managing Director and Chief Executive Officer
Alain William, Chief Financial Officer
Email: [email protected]
www.robexgold.com

Kiniéro Permit Area Details     Permit
NoTypeMineralArea (Km2)DepositCurrent Holding CompanyValidity/Status/Duration311Exploitation PermitGold95.51 SMGAwarded on 17 December 2020. Valid for a period of 15 years renewable on expiry310Exploitation PermitGold37.85 SMGAwarded on 17 December 2020. Valid for a period of 15 years renewable on expiry271Exploitation PermitGold99.35 SMGAwarded on 4 November 2020. Valid for a period of 15 years, renewable on expiry312Exploitation PermitGold93.63Sabali North and Central Sabali South, SGA, Jean and BanfareSMGAwarded on 17 December 2020. Valid for a period of 15 years, renewable on expiry        Mansounia Exploration Permit DetailsPermit
NoTypeMineralArea (Km2)DepositCurrent Holding CompanyStatus1048Exploration
PermitGold53.78MansouniaPenta GoldfieldsPermit awarded on 6 April 2020, valid for an initial period of 3 years and renewable on expiry. An exploitation permit application (to be issued in SMG’s name) was validly submitted to the CPDM in Q1 2023 for 50% of the Mansounia Permit Area. This application is still being processed, but the Company notes that on 7 March 2025 the Guinean Minister of Mines confirmed in writing that the application is complete and compliant.1049Exploration
PermitGold90.37MansouniaPenta
GoldfieldsPermit awarded on 6 April 2020, valid for an initial period of 3 years and renewable on expiry. An exploitation permit application (to be issued in SMG’s name) was validly submitted to the CPDM in Q1 2023 for 50% of the Mansounia Permit Area. This application is still being processed but the Company notes that on 7 March 2025 the Guinean Minister of Mines confirmed in writing that the application is complete and compliant.        Nampala Project Exploitation Permit DetailsPermit
CodePermit NameStart dateExpiry dateAreaStatusPE 2011/17Nampala exploitation permit
(permis D’exploitation de Nampala)21 March 201221 March 202416km2Active       Nampala Project Exploration Permit Details (South Mali)
   Permit
CodePermit NameStart dateAreaStatusPR: 17/868Kamasso19 September 2017100km2Under renewal processPR 16/802 Bis 1Diangounté28 November 201752km2Under renewal processPR:19/1038Sanoula28 August 201931.5km2Under renewal processPR: 19:/1039Mininko17 September 201946.20km2Under renewal processPR: 20/1088Gladié31 March 202152km2Under renewal process      Competent Person's Statement

Information in this Announcement that relates to exploration results is based on, and fairly represents, information and supporting documentation prepared by Mr. Amir Adeli, a Competent Person who is a Member of the Australian Institute of Mining and Metallurgy. Mr Adeli has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a ‘Competent Person’ as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’ (JORC Code). Mr Adeli is an employee of Robex Resources Management Limited and consents to the inclusion in this announcement of all technical statements based on his information in the form and context in which it appears.

FORWARD-LOOKING INFORMATION AND FORWARD-LOOKING STATEMENTS

Certain information set forth in this news release contains “forward-looking statements” and “forward-looking information” within the meaning of applicable Canadian securities legislation (referred to herein as “forward-looking statements”). Forward-looking statements are included to provide information about the Company’s management’s (“Management’s”) current expectations and plans that allow investors and others to have a better understanding of the Company’s business plans and financial performance and condition.

Statements made in this news release that describe the Company’s or Management’s estimates, expectations, forecasts, objectives, predictions, projections of the future or strategies may be “forward-looking statements”, and can be identified by the use of the conditional or forward-looking terminology such as “aim”, “anticipate”, “assume”, “believe”, “can”, “contemplate”, “continue”, “could”, “estimate”, “expect”, “forecast”, “future”, “guidance”, “guide”, “indication”, “intend”, “intention”, “likely”, “may”, “might”, “objective”, “opportunity”, “outlook”, “plan”, “potential”, “should”, “strategy”, “target”, “will” or “would” or the negative thereof or other variations thereon. Forward-looking statements also include any other statements that do not refer to historical facts. In particular and without limitation, this news release contains forward-looking statements pertaining to the Facility Agreement, including the fulfilment of the conditions precedent thereunder, the ability of the Company to utilize any proceeds from the Initial Utilization, the ability of the Company to draw down on the Debt Facility for each Subsequent Utilization, the development of the Kiniero Gold Project and the issuance of Bonus Shares.

Forward-looking statements and forward-looking information are made based upon certain assumptions and other important factors that, if untrue, could cause the actual results, performance or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such statements or information. There can be no assurance that such statements or information will prove to be accurate. Such statements and information are based on numerous assumptions, including: the ability to execute the Company’s plans relating to the Kiniero Gold Project as set out in the feasibility study with respect thereto, as the same may be updated, the whole in accordance with the revised timeline previously disclosed by the Company; the Company’s ability to complete its planned exploration and development programs; the absence of adverse conditions at the Kiniero Gold Project; the absence of unforeseen operational delays; the absence of material delays in obtaining necessary permits; the price of gold remaining at levels that render the Kiniero Gold Project profitable; the Company’s ability to continue raising necessary capital to finance its operations; the ability of the Company to realize on the mineral resource and mineral reserve estimates; assumptions regarding present and future business strategies, local and global geopolitical and economic conditions and the environment in which the Company operates and will operate in the future; the Company’s ability to complete the listing of its common shares on the Australian Securities Exchange (ASX), and the anticipated timing of such listing; satisfaction of the conditions precedent under the Facility Agreement; the Borrower’s access to the facility made available under the Facility Agreement; and the utilisation of any amount received by the Borrower under the Facility Agreement for the purposes identified by the Company.

Certain important factors could cause the Company’s actual results, performance or achievements to differ materially from those in the forward-looking statements including, but not limited to: the risk that the Borrower is unable to fulfil the conditions precedent to drawdowns under the Facility Agreement, and is therefore not able to borrow some or all of the principal amount otherwise available under the Facility Agreement; the risk that the Company is unable to generate sufficient cash flow or complete subsequent debt or equity financings to allow it to repay amounts borrowed under the Facility Agreement; the risk that the obligors under the Facility Agreement are unable to comply with the financial and other covenants under the Facility Agreement, giving rise to an event of default; geopolitical risks and security challenges associated with its operations in West Africa, including the Company’s inability to assert its rights and the possibility of civil unrest and civil disobedience; fluctuations in the price of gold; uncertainties as to the Company’s estimates of mineral reserves and mineral resources; the speculative nature of mineral exploration and development; the replacement of the Company’s depleted mineral reserves; the Company’s limited number of projects; the risk that the Kiniero Gold Project will never reach the production stage (including due to a lack of financing); the Company’s capital requirements and access to funding; changes in legislation, regulations and accounting standards to which the Company is subject, including environmental, health and safety standards, and the impact of such legislation, regulations and standards on the Company’s activities; equity interests and royalty payments payable to third parties; price volatility and availability of commodities; instability in the global financial system; uncertainty surrounding the imposition of tariffs by one country, including, but not limited to, the United States, on goods or services being imported into that country from another country and the ultimate effect of such tariffs on the Company’s supply chains; the effects of high inflation, such as higher commodity prices; fluctuations in currency exchange rates, particularly as between the Canadian dollar, in which the Company presently raises its equity financings, and the US dollar; the risk of any pending or future litigation against the Company; limitations on transactions between the Company and its foreign subsidiaries; volatility in the market price of the Common Shares; tax risks, including changes in taxation laws or assessments on the Company; the Company obtaining and maintaining titles to property as well as the permits and licenses required for the Company’s ongoing operations; changes in project parameters and/or economic assessments as plans continue to be refined; the risk that actual costs may exceed estimated costs; geological, mining and exploration technical problems; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; the effects of public health crises on the Company’s activities; the Company’s relations with its employees and other stakeholders, including local governments and communities in the countries in which it operates; the risk of any violations of applicable anticorruption laws, export control regulations, economic sanction programs and related laws by the Company or its agents; the risk that the Company encounters conflicts with small-scale miners; competition with other mining companies; the Company’s dependence on third-party contractors; the Company’s reliance on key executives and highly skilled personnel; the Company’s access to adequate infrastructure; the risks associated with the Company’s potential liabilities regarding its tailings storage facilities; supply chain disruptions; hazards and risks normally associated with mineral exploration and gold mining development and production operations; problems related to weather and climate; the risk of information technology system failures and cybersecurity threats; the risk that the Company is not able to complete the listing of its common shares on the ASX within the anticipated timeframe or at all; the risk that the Borrower is not able to access the proceeds of the Debt Facility or use any amount received under the Facility Agreement for the purposes identified by the Company; and the risk that the Company may not be able to insure against all the potential risks associated with its operations.

Although the Company believes its expectations are based upon reasonable assumptions and has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. These factors are not intended to represent a complete and exhaustive list of the factors that could affect the Company; however, they should be considered carefully. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information.

The Company undertakes no obligation to update forward-looking information if circumstances or Management’s estimates, assumptions or opinions should change, except as required by applicable law. The reader is cautioned not to place undue reliance on forward-looking information.

The forward-looking information contained herein is presented for the purpose of assisting investors in understanding the Company’s expected financial and operational performance and results as at and for the periods ended on the dates presented in the Company’s plans and objectives, and may not be appropriate for other purposes.

See also the “Risk Factors” section of the Company’s Annual Information Form, available under the Company’s profile on SEDAR+ at www.sedarplus.ca or on the Company’s website at www.robexgold.com, for additional information on risk factors that could cause results to differ materially from forward-looking statements. All forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

The Company has prepared this announcement based on information available to it. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions or conclusions contained in this announcement. To the maximum extent permitted by law, none of the Company, its directors, officers, employees, associates, advisers and agents, nor any other person accepts any liability, including, without limitation, any liability arising from fault or negligence on the part of any of them or any other person, for any loss arising from the use of this announcement or its contents or otherwise arising in connection with it.

This announcement is not an offer, invitation, solicitation, or other recommendation with respect to the subscription for, purchase or sale of any security, and neither this announcement nor anything in it shall form the basis of any contract or commitment whatsoever.

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/80ff0721-f370-4529-bc2a-5d88b07f23f7
https://www.globenewswire.com/NewsRoom/AttachmentNg/28dab10f-28c3-440a-83a2-a4dc70e27cc5
https://www.globenewswire.com/NewsRoom/AttachmentNg/44d8a0d9-8b73-4571-979b-65ad183d3a81
https://www.globenewswire.com/NewsRoom/AttachmentNg/e50ce32c-7c9b-455b-9f88-02b36c77295e
https://www.globenewswire.com/NewsRoom/AttachmentNg/42fb5ec3-0321-4560-9a89-32f9ebdd1903
https://www.globenewswire.com/NewsRoom/AttachmentNg/8e9c492e-73c7-4924-834d-616186276d26
https://www.globenewswire.com/NewsRoom/AttachmentNg/04a2f16e-634b-43e3-b6ae-6597522bb0e0

October 31, 2025 07:00 ET

 | Source:

Amicus Therapeutics, Inc.

PRINCETON, N.J., Oct. 31, 2025 (GLOBE NEWSWIRE) -- Amicus Therapeutics (Nasdaq: FOLD) today announced that management will participate in upcoming presentations at the following investor conferences in November.

2025 UBS Global Healthcare Conference in Palm Beach Gardens, FL on Monday, November 10, 2025, at 2:45 p.m. ETJefferies Global Healthcare Conference 2025 in London, U.K. on Tuesday, November 18, 2025, at 4:30 p.m. GMT A live audio webcast of each presentation can also be accessed via the investors section of the Amicus Therapeutics corporate website at https://ir.amicusrx.com/events-and-presentations.

About Amicus Therapeutics
Amicus Therapeutics (Nasdaq: FOLD) is a global, patient-dedicated biotechnology company focused on discovering, developing and delivering novel high-quality medicines for people living with rare diseases. With extraordinary patient focus, Amicus Therapeutics is committed to advancing and expanding a pipeline of cutting-edge, first- or best-in-class medicines for rare diseases. For more information please visit the company’s website at www.amicusrx.com, and follow on LinkedIn.

CONTACT:

Investors:
Amicus Therapeutics
Andrew Faughnan
Vice President, Investor Relations
[email protected]
(609) 662-3809

Media:
Amicus Therapeutics
Brendan McEvoy
Executive Director, External Communications
[email protected]
(609) 662-5005

FOLD–G

US Treasury Loan Update PHOENIX, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) (“Mesa” or the “Company”) today announced that it has entered into an Amendment (the “Amendment”) to its Loan and Guarantee Agreement, dated as of October 30, 2020 (as theretofore amended, the “Loan Agreement”), among the Company, Mesa Airlines, the Guarantors party thereto from time to time, Jefferies Capital Services, LLC (as successor in interest to the United States Department of the Treasury) (the “Lender” or “Jefferies”), and The Bank of New York Mellon as Administrative Agent and Collateral Agent (the “Agents”) (collectively, the “Parties”). Under the terms of the Amendment, Jefferies agreed to: extend the Maturity Date of the Loan Agreement from October 30, 2025 to November 28, 2025, subject to the Company's further right to extend the Maturity Date by 30 days by providing notice to the Administrative Agent by no later than November 27, 2025; reduce the interest rate under the Loan Agreement to zero percent (0%) for a period of 90 days from the date of the Amendment; waive certain restrictions in the Loan Agreement and the collateral coverage ratio and minimum liquidity tests through the Maturity Date; and subject to the payment in full of the obligations under the Loan Agreement on the Maturity Date, reduce the principal amount of the obligations under the Loan Agreement by $12.3 million.