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2026-09-09 13:27
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2026-09-09 07:31
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Core & Main Announces Fiscal 2026 Second Quarter Results | FMP Stock News | |
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2026-09-09 13:27
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2026-09-09 07:46
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Albertsons Names Former HP, eBay CEO Meg Whitman as Executive Chair to Help Spur Growth | FMP Stock News | |
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Albertsons named former eBay and Hewlett Packard chief Meg Whitman to the newly created post of executive chair, as the grocery-store operator grapples with falling sales and cautious consumer spending. |
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2026-09-09 13:27
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2026-09-09 09:00
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Newmark Advises Havas Health in 254,000-Square-Foot Headquarters Expansion & Extension at 200 Madison Avenue | FMP Stock News | |
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, /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or the "Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations and other owners and occupiers, announces the Company represented Havas Health in a 254,118-square-foot headquarters expansion and lease extension at 200 Madison Avenue in Midtown Manhattan. The transaction includes a 64,657-square-foot expansion and long-term extension for the global communications group.Image courtesy of Newmark President, New York Tri-State Region David Falk and Executive Managing Director Jason Greenstein represented Havas Health in the transaction. George Comfort & Sons President and Chief Executive Officer Peter S. Duncan and Head of NYC Leasing Alexander Bermingham represented ownership, a partnership of George Comfort & Sons, Loeb Partners Realty and Jamestown. Founded in 1835, Havas Health is one of the world's largest global communications groups, operating across more than 100 markets. It has maintained its headquarters at 200 Madison Avenue for nearly three decades. "Havas Health's decision to expand and extend its commitment at 200 Madison Avenue reflects the enduring appeal of well-located, high-quality workplace environments for leading global companies," said Falk. "We were proud to advise Havas on a transaction that accommodates its continued growth while providing the scale, flexibility and workplace environment to support the business for years to come." Located in Manhattan's Grand Central district, 200 Madison Avenue is a 26-story, 750,000-square-foot office tower. The owners recently completed a renovation of the property's Madison Avenue entrance and lobby and is developing an 11,000-square-foot indoor-outdoor amenity center featuring executive conference rooms, collaborative and event spaces, a lounge and outdoor sky garden. Built in 1926, the property offers flexible floorplates and convenient access to Grand Central Terminal, Herald Square and Penn Station, as well as multiple subway and bus lines. The transaction comes amid sustained leasing momentum across Manhattan, where year-to-date leasing reached 32.0 million square feet through August, following nine consecutive months of activity above 3.0 million square feet. Midtown continues to capture the majority of active tenant demand, accounting for 58.5% of requirements by square footage. About Newmark Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leading commercial real estate advisor and service provider to large institutional investors and other owners, global corporations and other occupiers, and lenders. Built with purpose and driven by excellence, Newmark's comprehensive platform is uniquely tailored to provide superior outcomes to clients. For the twelve months ended June 30, 2026, Newmark generated revenues of more than $3.6 billion. As of June 30, 2026, Newmark and its business partners together operated from over 195 offices with more than 10,000 professionals across four continents. Learn more at nmrk.com or follow @newmark. Discussion of Forward-Looking Statements about Newmark Statements in this document regarding Newmark that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K. SOURCE Newmark Group, Inc. |
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2026-09-09 13:26
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2026-09-09 08:30
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GlobalFoundries and Monolithic Power Systems form manufacturing partnership to scale high-performance power solutions | FMP Stock News | |
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Original source text
New agreement brings MPS power management solutions to GF’s Singapore fab for volume production in 2027 | Source: GlobalFoundries Inc.MALTA, N.Y. and SCHAFFHAUSEN, Switzerland, Sept. 09, 2026 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) and Monolithic Power Systems, Inc. (Nasdaq: MPWR) (MPS), a leading company in high-performance power solutions, today announced a long-term manufacturing agreement that will deploy MPS’s proprietary process technology to GF’s advanced 300mm manufacturing facility in Singapore. The collaboration will enable GF and MPS to expand manufacturing capacity of critical power management solutions for high-growth markets in early 2027. MPS’s innovative proprietary process technologies deliver high-performance, ultra-efficient power management solutions for a wide variety of applications in data center, automotive, consumer and industrial markets. Products manufactured at GF’s Singapore facility are expected to include next-generation power solutions for automotive architectures, industrial robotics and automation, and smart power stages for AI and cloud infrastructure. Combining MPS’s technology with GF’s manufacturing expertise will support the next phase of growth for both companies while providing customers with greater capacity, supply assurance and global scale. “Integrating MPS innovation with GF’s manufacturing scale allows us to extend reach in high-growth electrification and AI markets with improved supply assurance,” said Deming Xiao, EVP of global operations at MPS. “Together, we will deliver global scale with local support, and uncompromising power performance.” “This long-term agreement reflects the strength of GF’s manufacturing platform and our ability to support customers as they scale innovative technologies into high-volume production,” said Pradip Singh, chief manufacturing officer at GF. “Together, we will deliver high-performance power solutions that help meet the growing demands of automotive, industrial, and data center applications where performance and reliability define competitive advantage.” About GF GlobalFoundries (GF) is a leading manufacturer of essential semiconductors, enabling AI at scale from the cloud to the physical world. Through deep partnerships with customers, GF delivers differentiated, power-efficient and high-performance solutions for automotive, aerospace and defense, data center, smart mobile devices, internet of things and other high-growth markets. With global manufacturing operations across the U.S., Europe and Asia, GF is a trusted and holistic technology partner for customers around the world. GF’s talented, global team remains focused every day on security, longevity and sustainability. For more information, visit www.gf.com. About Monolithic Power Systems Monolithic Power Systems, Inc. (“MPS”) is a fabless global company that provides high-performance, semiconductor-based power electronics solutions. MPS’s mission is to reduce energy and material consumption to improve all aspects of quality of life. Founded in 1997 by CEO Michael Hsing, MPS has three core strengths: deep system-level knowledge, strong semiconductor expertise, and innovative proprietary technologies in the areas of semiconductor processes, system integration, and packaging. These combined advantages enable MPS to deliver reliable, compact, and monolithic solutions that are highly energy-efficient, cost-effective, and environmentally responsible while providing a consistent return on investment to stockholders. MPS can be contacted through its website at www.monolithicpower.com or its support offices around the world. Forward-looking information This news release may contain forward-looking statements, which involve risks and uncertainties. Readers are cautioned not to place undue reliance on any of these forward-looking statements. These forward-looking statements speak only as of the date hereof. GF undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this news release or to reflect actual outcomes, unless required by law. Media contacts: Stephanie Gonzalez [email protected] Tony Balow [email protected] |
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2026-09-09 13:25
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2026-09-09 07:34
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Credo: Market Is Mispricing A $1 Trillion AI Infra Catalyst (Upgrade) | FMP Stock News | |
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Credo Technology Group is upgraded to strong buy after a misunderstood post-earnings selloff, with Wall Street misreading GAAP margin compression and working capital expansion. CRDO's vertical integration via DustPhotonics acquisition positions it to solve the AI memory bottleneck, targeting a multi-billion dollar TAM with LPDDR-based solutions. The company's PILOT telemetry and zeroflap optics offer hyperscalers hard-dollar ROI, supporting long-term non-GAAP margin expansion and competitive differentiation. |
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2026-09-09 13:24
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2026-09-09 09:15
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The Party Is Over For These 3 Former BDC Dividend Darlings | FMP Stock News | |
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SummaryThe BDC sector thrived post-COVID as low rates and strong underwriting supported robust dividends and performance.Rising rates initially sparked default fears, but BDCs benefited from higher coupons and stable funding costs, with limited non-accrual uptick.Since early 2025, most BDCs have cut dividends, and total returns now barely match inflation or T-bill rates.In this process, there are some fallen angels which before the sell-off were commonly deemed as blue-chip BDCs.In this article, I discuss three such BDCs. Justin Paget/DigitalVision via Getty ImagesA couple of years ago, when the rates were low, investors were scrambling for yields and the PE industry was booming, the setup was extremely favorable for BDCs (BIZD). Once the interest rates 16.21K Followers Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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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2026-09-09 13:24
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2026-09-09 07:34
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Fluence: The Factory Must Catch Up With The Order Book | FMP Stock News | |
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Fluence (FLNC) is a speculative Buy, with upside tied to recovering delivery volumes and normalized project margins. FLNC's backlog and continued order flow indicate robust demand, but operational execution and timely project completion remain critical. Valuation at 0.75x forward sales implies a $14 target (+35%), contingent on margin recovery and cash flow stabilization. |
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2026-09-09 13:23
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2026-09-09 07:00
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LifeStance Health Group Announces Launch of Secondary Public Offering | FMP Stock News | |
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SCOTTSDALE, Ariz., Sept. 09, 2026 (GLOBE NEWSWIRE) -- LifeStance Health Group, Inc. (“LifeStance” or the “Company”) (Nasdaq: LFST), one of the nation’s largest providers of virtual and in-person outpatient mental health care, today announced that pursuant to a shelf registration statement filed with the Securities and Exchange Commission (the “SEC”), certain stockholders of the Company (the “Selling Stockholders”) intend to offer 22,250,000 shares of LifeStance’s common stock, par value $0.01 per share (the “Common Stock”). The Selling Stockholders will receive all of the proceeds from the offering. The Company is not selling any shares of Common Stock in the offering and will not receive any proceeds from the offering.In addition, the Company has authorized the concurrent purchase from the underwriter of 2,000,000 shares of Common Stock (the “Repurchase”), subject to the completion of the offering. The price per share for the shares to be repurchased by the Company will be the same as the price per share payable by the underwriter to the Selling Stockholders. The underwriter will not receive any underwriting fees for the shares being repurchased by the Company. The Repurchase will be subject to completion of the offering and the satisfaction of other customary conditions. The offering is not conditioned upon the completion of the Repurchase. Barclays is acting as the underwriter for the offering. An automatic shelf registration statement (including a prospectus) relating to the offering of Common Stock was filed by LifeStance with the SEC on May 21, 2024 and became effective upon filing. Before you invest, you should read the prospectus in the shelf registration statement and the documents incorporated by reference therein and the prospectus supplement that the Company has filed with the SEC for more complete information about the Company and the offering. The offering will be made only by means of a prospectus and a related prospectus supplement relating to the offering, copies of which may be obtained by contacting Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 1-888-603-5847, or by email at [email protected]. A copy of the prospectus and the related prospectus supplement relating to the offering may also be obtained free of charge by visiting EDGAR on the SEC’s website at www.sec.gov. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Nothing herein should be construed as an offer to sell, or the solicitation of an offer to buy, any shares of Common Stock subject to the Repurchase. About LifeStance Founded in 2017, LifeStance (Nasdaq: LFST) is reimagining mental health. We are one of the nation’s largest providers of virtual and in-person outpatient mental health care for children, adolescents and adults experiencing a variety of mental health conditions. Our mission is to help people lead healthier, more fulfilling lives by improving access to trusted, affordable and personalized mental healthcare. LifeStance and its supported practices employ over 8,500 psychiatrists, advanced practice nurses, psychologists and therapists and operates across 33 states and more than 550 centers. Forward-Looking Statements This press release may contain “forward-looking” statements based on the Company’s beliefs and assumptions and on information currently available to the Company. Forward-looking statements can be identified by words such as “anticipate,” “believe,” “envision,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “target,” “potential,” “will,” “would,” “could,” “should,” “continue,” “contemplate” and other similar expressions, although not all forward-looking statements contain these identifying words. For example, all statements we make regarding the terms of the proposed public offering and the Repurchase are forward-looking statements. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, by their nature, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, our actual results may differ materially from those contemplated by any forward-looking statements. These risks and uncertainties include, but are not limited to: if reimbursement rates paid by third-party payors are reduced or if third-party payors otherwise restrain our ability to obtain or deliver care to patients, our business could be harmed; we may not grow at the rates we historically have achieved or at all, even if our key metrics may imply future growth, including if we are unable to successfully execute on our growth initiatives and business strategies; if we fail to manage our growth effectively, our expenses could increase more than expected, our revenue may not increase proportionally or at all, and we may be unable to execute on our business strategy; our growth depends on our ability to recruit, acquire and retain clinicians; we operate in a competitive industry, and if we are not able to compete effectively, our business, results of operations and financial condition would be harmed; our business depends on our ability to effectively invest in, implement improvements to and properly maintain the uninterrupted operation and data integrity of our information technology and other business systems; we conduct business in a heavily regulated industry and if we fail to comply with these laws and government regulations, we could incur penalties or be required to make significant changes to our operations or experience adverse publicity, which could have a material adverse effect on our business, results of operations and financial condition; we are dependent on our relationships with supported practices, which we do not own, to provide health care services, and our business would be harmed if those relationships were disrupted or if our arrangements with these entities became subject to legal challenges; if we are unable to adapt to healthcare reform legislation and other changes in the healthcare industry and in healthcare spending, our business could be harmed; if our or our vendors’ security measures fail or are breached and unauthorized access to our employees’, patients’ or partners’ data is obtained, our systems may be perceived as insecure, we may incur significant liabilities, including through private litigation or regulatory action, our reputation may be harmed, and we could lose patients and partners; our existing indebtedness could adversely affect our business and growth prospects; and other risks and uncertainties set forth under “Risk Factors” included in the reports we have filed or will file with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2025, Quarterly Reports on 10-Q for the quarterly periods ended March 31, 2026 and June 30, 2026 and subsequent filings made with the SEC. For the reasons described above, we caution you against relying on any forward-looking statements, which should be read in conjunction with the other cautionary statements included elsewhere in this press release and risk factors discussed from time to time in the Company’s filings with the SEC, which can be found at the SEC’s website at http://www.sec.gov. Any forward-looking statement in this presentation speaks only as of the date of this press release. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to update or revise any forward-looking statement after the date of this press release, whether as a result of new information, future developments or otherwise, except as may be required by law. No recipient should, therefore, rely on these forward-looking statements as representing the views of the Company or its management as of any date subsequent to the date of the press release. |
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2026-09-09 13:23
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2026-09-09 09:15
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LifeStance Health Group Announces Pricing of Secondary Public Offering | FMP Stock News | |
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Original source text
SCOTTSDALE, Ariz., Sept. 09, 2026 (GLOBE NEWSWIRE) -- LifeStance Health Group, Inc. (“LifeStance” or the “Company”) (Nasdaq: LFST), one of the nation’s largest providers of virtual and in-person outpatient mental health care, today announced the pricing of a secondary underwritten public offering of 22,250,000 shares of LifeStance’s common stock, par value $0.01 per share (the “Common Stock”) at a public offering price of $12.35 per share, pursuant to a shelf registration statement filed with the Securities and Exchange Commission (the “SEC”) from certain stockholders of the Company (the “Selling Stockholders”). The Selling Stockholders will receive all of the proceeds from the offering. The Company is not selling any shares of Common Stock in the offering and will not receive any proceeds from the offering.In addition, the Company has agreed to purchase from the underwriter 2,000,000 shares of Common Stock to be sold by the Selling Stockholders in the offering, at a price per share equal to the price per share to be paid by the underwriter to the Selling Stockholders (the “Repurchase”). The Repurchase is conditioned upon the completion of the offering and the satisfaction of other customary conditions. The offering is not conditioned upon the completion of the Repurchase. The underwriter will not receive any compensation for the shares of Common Stock being purchased by the Company. Subject to customary closing conditions, the offering and the Repurchase are expected to settle and close on or about September 11, 2026. Barclays is acting as the underwriter for the offering. An automatic shelf registration statement (including a prospectus) relating to the offering of Common Stock was filed by LifeStance with the SEC on May 21, 2024 and became effective upon filing. Before you invest, you should read the prospectus in the shelf registration statement and the documents incorporated by reference therein and the prospectus supplement that the Company has filed with the SEC for more complete information about the Company and the offering. The offering is being made only by means of a prospectus and a related prospectus supplement relating to the offering, copies of which may be obtained by contacting Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 1-888-603-5847, or by email at [email protected]. A copy of the prospectus and the related prospectus supplement relating to the offering may also be obtained free of charge by visiting EDGAR on the SEC’s website at www.sec.gov. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Nothing herein should be construed as an offer to sell, or the solicitation of an offer to buy, any shares of Common Stock subject to the Repurchase. About LifeStance Founded in 2017, LifeStance (Nasdaq: LFST) is reimagining mental health. We are one of the nation’s largest providers of virtual and in-person outpatient mental health care for children, adolescents and adults experiencing a variety of mental health conditions. Our mission is to help people lead healthier, more fulfilling lives by improving access to trusted, affordable and personalized mental healthcare. LifeStance and its supported practices employ over 8,500 psychiatrists, advanced practice nurses, psychologists and therapists and operates across 33 states and more than 550 centers. Forward-Looking Statements This press release may contain “forward-looking” statements based on the Company’s beliefs and assumptions and on information currently available to the Company. Forward-looking statements can be identified by words such as “anticipate,” “believe,” “envision,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “target,” “potential,” “will,” “would,” “could,” “should,” “continue,” “contemplate” and other similar expressions, although not all forward-looking statements contain these identifying words. For example, all statements we make regarding the terms of the proposed public offering and the Repurchase are forward-looking statements. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, by their nature, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, our actual results may differ materially from those contemplated by any forward-looking statements. These risks and uncertainties include, but are not limited to: if reimbursement rates paid by third-party payors are reduced or if third-party payors otherwise restrain our ability to obtain or deliver care to patients, our business could be harmed; we may not grow at the rates we historically have achieved or at all, even if our key metrics may imply future growth, including if we are unable to successfully execute on our growth initiatives and business strategies; if we fail to manage our growth effectively, our expenses could increase more than expected, our revenue may not increase proportionally or at all, and we may be unable to execute on our business strategy; our growth depends on our ability to recruit, acquire and retain clinicians; we operate in a competitive industry, and if we are not able to compete effectively, our business, results of operations and financial condition would be harmed; our business depends on our ability to effectively invest in, implement improvements to and properly maintain the uninterrupted operation and data integrity of our information technology and other business systems; we conduct business in a heavily regulated industry and if we fail to comply with these laws and government regulations, we could incur penalties or be required to make significant changes to our operations or experience adverse publicity, which could have a material adverse effect on our business, results of operations and financial condition; we are dependent on our relationships with supported practices, which we do not own, to provide health care services, and our business would be harmed if those relationships were disrupted or if our arrangements with these entities became subject to legal challenges; if we are unable to adapt to healthcare reform legislation and other changes in the healthcare industry and in healthcare spending, our business could be harmed; if our or our vendors’ security measures fail or are breached and unauthorized access to our employees’, patients’ or partners’ data is obtained, our systems may be perceived as insecure, we may incur significant liabilities, including through private litigation or regulatory action, our reputation may be harmed, and we could lose patients and partners; our existing indebtedness could adversely affect our business and growth prospects; and other risks and uncertainties set forth under “Risk Factors” included in the reports we have filed or will file with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2025 Quarterly Reports on 10-Q for the quarterly periods ended March 31, 2026 and June 30, 2026 and subsequent filings made with the SEC. For the reasons described above, we caution you against relying on any forward-looking statements, which should be read in conjunction with the other cautionary statements included elsewhere in this press release and risk factors discussed from time to time in the Company’s filings with the SEC, which can be found at the SEC’s website at http://www.sec.gov. Any forward-looking statement in this presentation speaks only as of the date of this press release. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to update or revise any forward-looking statement after the date of this press release, whether as a result of new information, future developments or otherwise, except as may be required by law. No recipient should, therefore, rely on these forward-looking statements as representing the views of the Company or its management as of any date subsequent to the date of the press release. |
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2026-09-09 13:22
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2026-09-09 07:15
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FS KKR Capital: One Of The Steepest Discounts In The Sector, Still Not A Buy | FMP Stock News | |
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FSK KKR Capital Corp. trades at a 33% discount to NAV but faces persistent credit quality issues and NAV erosion. Despite recent outperformance and a double-digit yield, FSK's high non-accruals and declining investment income raise concerns about dividend sustainability. Management's incentive fee waiver and continued high non-accruals signal elevated risk of another dividend cut in the near term. |
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2026-09-09 13:22
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2026-09-09 09:00
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As Employers Plan for Growth, Workforce Pressures Continue to Mount | FMP Stock News | |
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Original source text
Gallagher's 2026 US Talent Benchmarks report highlights how turnover, workforce capacity constraints and AI-driven change are shaping organizational effectiveness, /PRNewswire/ -- Workforce challenges remain top of mind as employers pursue growth with constrained teams, elevated turnover and increasing pressure to adapt to new technologies, according to Gallagher's 2026 US Workforce Trends Report – Talent Benchmarks. Based on responses from more than 3,700 US employers, the report examines the trends influencing employee engagement, retention and organizational effectiveness. Among the report's most notable findings: Retention has become a business challenge, not just an HR concern. Nearly two-thirds (63%) of employers reported annual turnover rates of 10% or higher in 2025. 61% of employers anticipate revenue growth by 2027, while only 50% expect workforce headcount to increase; a gap that highlights growing workforce capacity pressures. More than half (57%) of employers conducted an employee engagement survey in 2024 or later, yet many are still working to turn employee feedback into meaningful action. AI use in HR is expected to expand, with 73% of employers likely to increase adoption by 2028. Even as AI adoption grows, trust remains a challenge. Nearly one-third (29%) of employers cite concerns about eroding employee trust as a barrier to adoption. "The data show that many organizations are navigating a difficult balancing act," said John Tournet, US CEO of Gallagher's Benefits & HR Consulting Division. "Business leaders are pursuing growth while managing cost pressures, workforce capacity constraints and retention challenges. Organizations that succeed will be the ones that focus on the fundamentals: helping managers lead effectively, creating realistic workloads and ensuring employees understand how their work contributes to organizational goals." Employers are preparing for a future in which AI plays a larger role in how work is performed and decisions are made. While 71% of employers have either fully operationalized AI or implemented it in parts of the business, the findings suggest successful adoption will require clear communication, strong governance and practical support for employees and managers. "As AI becomes more integrated into day-to-day work, organizations are recognizing that technology alone isn't enough," added Tournet. "The focus is increasingly shifting from implementation to helping employees and managers use AI with confidence, strengthen decision-making and support more effective ways of working." Additional findings from the report include: Retaining talent ranks as a top HR priority for 57% of employers and a top operational priority for 39%, reflecting the growing business impact of workforce turnover. Manager effectiveness remains one of the strongest drivers of employee engagement, with organizations focusing on clearer goal-setting, transparent communication and more timely feedback. Nearly three-quarters of organizations that have implemented AI are measuring return on investment, though employers expect it will take an average of 28 months for AI returns to outweigh implementation costs. Data privacy and security remain the top AI concern, cited by 72% of employers, while only 45% have conducted ethical impact assessments related to AI use. ABOUT THE REPORT Gallagher's 2026 US Workforce Trends Report – Talent Benchmarks reflects survey responses from 3,717 US employers collected from January through March 2026 and provides benchmarking data and insights across employee engagement, AI and organizational effectiveness. ABOUT GALLAGHER Arthur J. Gallagher & Co. (NYSE: AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants. CONTACT: Mary Schwartz, Gallagher 847.378.5893 [email protected] SOURCE Gallagher |
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2026-09-09 13:21
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2026-09-09 08:45
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Eaton vs. Vertiv: Which Industrials Stock Is a Better Buy in 2026? | FMP Stock News | |
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As infrastructure demand surges globally, choosing between Eaton (ETN +2.75%) and Vertiv (VRT +3.67%) requires weighing established industrial heritage against the explosive growth seen in data center dominance.Eaton operates as a diversified giant in the power management space, serving industries from aviation to housing. Vertiv focuses intensely on cooling and power systems specifically for the digital world. Both benefit from the massive electrification trend, making them natural rivals for a spot in your long-term holdings. The case for EatonEaton focuses on intelligent power management, providing technologies for electrical, aerospace, and vehicle markets. In its latest annual report, filed for 2025, the company highlighted its reach across more than 160 countries. Significant 2025 revenue concentrations include 18% of eMobility sales to one large vehicle OEM, and such customer concentration adds a layer of risk to the business. Eaton is currently expanding its reach among industrial stocks through its recent acquisition of a majority interest in Dana. In 2025, revenue reached $27 billion, representing growth of about 10% over the prior year. This helped the company generate net income of roughly $4 billion, with a net margin close to 15%. As of its December 2025 balance sheet, the debt-to-equity ratio was about 0.5x. This ratio measures total debt relative to shareholders' equity, with lower ratios usually indicating a more conservative financial structure. The current ratio, which compares short-term assets to short-term debts, was approximately 1.3x. The company also generated free cash flow of nearly $3.9 billion on a trailing 12-month basis through the second quarter of 2026. The case for VertivVertiv is a global leader in critical digital infrastructure, supplying end-to-end power and cooling technologies to major cloud providers. Its customers include the top hyperscale giants. The company maintains a strong backlog of $15.0 billion, which represents orders received but not yet delivered to customers. In 2025, revenue reached $10.2 billion, a significant jump of roughly 27.7% compared to the previous fiscal year. This growth resulted in a net income of approximately $1.3 billion. The net margin expanded significantly to about 13%, which is nearly double the level reported in 2023. As of its December 2025 balance sheet, the debt-to-equity ratio was roughly 0.8x. The current ratio, which measures the ability to pay short-term debts with current assets, was approximately 1.5x. Vertiv produced free cash flow of $2.9 billion on a trailing basis through Q2 2026. Risk profile comparisonEaton is undergoing a major corporate reorganization, specifically the planned spin-off of its Mobility business by early 2027. This process poses risks of failing to realize expected synergies, while global operations remain susceptible to geopolitical instability. Additionally, reliance on single-source suppliers and potential data breaches stemming from AI integration could increase costs or result in regulatory fines. Vertiv relies heavily on hyperscale providers, who possess significant purchasing leverage to mandate favorable pricing terms. Future growth is also closely tied to sustained capital expenditure on AI infrastructure, meaning a shift in customer priorities could lead to a sudden decline in demand. Finally, the company aggressively pursues acquisitions, which carry risks related to integration execution and volatility in raw material prices. Valuation comparisonEaton appears more conservatively valued, while Vertiv carries a premium based on its Forward P/E and P/S ratio, comparing price to future earnings estimates and revenue. MetricEatonVertivForward P/E31.0x39.0xP/S ratio5.9x9.9xValuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers. For investors who expect AI infrastructure spending to continue growing over the long term, Vertiv is the stock I would buy right now. While Eaton has advantages in scale and consistent profitability, Vertiv is growing much faster and earning higher margins, indicating an even stronger competitive position in its market. Data centers are increasingly deploying denser, larger chip clusters. But this creates a problem with generating more heat. Vertiv supplies thermal management and liquid cooling systems to solve this problem. The increasing complexity of designing AI data centers should also drive higher margins for Vertiv. Vertiv's profit margin reached 13% in 2025 and, as of Q2 2026, has improved to 15% on a trailing 12-month basis. Both stocks trade at premium multiples of earnings, but analysts expect Eaton to grow earnings just 10% per year, while Vertiv could see 35% annualized growth. Vertiv stock looks like the better bet to outperform the market as AI infrastructure spending continues to grow. |
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Defense, Solar, and Refining Stocks Split as the Iran Conflict Raises Energy Risk | FMP Stock News | |
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Months into the war between the United States and Iran, the conflict has entered another period of intensification. The many ups and downs over the last several months, in which a ceasefire has numerous times appeared to be emerging before attacks resume, have provided opportunities for select industries and companies to thrive. Now, with multiple commercial supertankers struck in recent weeks, escalation is prompting a divergence across the market.As oil remains near multi-week highs, defense contractors are able to benefit from a sustained increase in government outlays. At the same time, concerns about energy security may prompt skittishness among players across the space. Oil refiners are enjoying crack spreads that are close to all-time highs as far as profitability goes. The three companies below represent each of these corners of the market and have responded very differently to the latest round of fighting in the Iran conflict. Get SAIC alerts: SAIC Is a Steady Compounder in the Defense IT SpaceScience Applications International Today SAIC Science Applications International $127.55 +0.80 (+0.63%) As of 09/8/2026 04:00 PM Eastern $81.08▼ $142.661.16% 14.92 $125.22 Science Applications International Corp. NASDAQ: SAIC plays a pivotal role in intelligence systems, cybersecurity, and mission IT, allowing the contractor to benefit across all phases of a war like the one in Iran. Results for its latest quarter—Q2 fiscal 2027, ended July 31, 2026—were strong across the board, including organic revenue growth of about 5%, adjusted EBITDA of $193 at a 10.3% margin, and $131 million in free cash flow. The company also posted an impressive earnings beat with earnings per share (EPS) of $3.01, 70 cents ahead of estimates, despite this metric being lower on a year-over-year (YOY) basis due to a large legal settlement a year earlier. SAIC also provided insight into its contract pipeline, which helps make the case for its strengths going forward. A $400-million recompute contract for an unspecified U.S. intelligence agency, coupled with a recompute win rate of more than 90% for the latest quarter, means that SAIC is highly capable of generating new business. Management boosted fiscal 2027 earnings outlook by 75 cents on the low end and 65 cents on the high end, alongside an increase in anticipated revenue as well. The company's backlog is also robust. In short, SAIC appears to be functioning well in an environment practically designed to ensure its success. One thing that may give investors pause, however, is that after climbing nearly 26% year to date (YTD), SAIC stock may not have as much room to rally in the near term. SolarEdge’s Recovery Still Faces a Difficult SetupSolarEdge Technologies Today SEDG SolarEdge Technologies $36.43 +2.23 (+6.52%) As of 09/8/2026 04:00 PM Eastern $28.21▼ $81.25$38.36 After several highly tumultuous years, SolarEdge Technologies NASDAQ: SEDG appeared to be an early beneficiary of the Iran war. Shares climbed in the weeks immediately following the onset of U.S.-Israeli strikes and then spiked in early June as European demand rose amid market volatility. In the time since, however, the picture has gotten cloudier. Even with fairly strong Q2 2026 results—including 20% YOY revenue improvement to more than $346 million and a non-GAAP operating profit for the first time in multiple years, plus gross margin expansion to 28.6%—shares of SEDG have now fallen significantly from those mid-year highs. Higher energy prices should help to boost solar adoption, which would be a boon for the company. However, rising Treasury yields due to energy-fueled inflation concerns also mean the cost of financing its projects has soared, potentially harming demand. At the same time, a tepid U.S. residential market may also be a drag on SolarEdge's business. The result is a company that, despite a fairly strong set of fundamentals, has an overall Reduce rating across Wall Street analyses. Marathon Is the Clearest Winner, But Not a Risk-Free OneMarathon Petroleum Today MPC Marathon Petroleum $398.72 +9.82 (+2.53%) As of 09/8/2026 03:59 PM Eastern This is a fair market value price provided by Massive. Learn more. $161.93▼ $399.621.00% 13.71 $330.50 High gas prices, near-record crack spreads, and concerns about supply have all made for an excellent environment for oil refiners. Marathon Petroleum Corp. NYSE: MPC, one of the world's largest such companies, is no exception. Marathon's Q2 2026 earnings report was stellar, as Q2 profit surged nearly fourfold to $5.1 billion on a 54% YOY jump in revenue. Adjusted EBITDA more than doubled as well, thanks in large part to excellent crack spreads amid the near-closure of the Strait of Hormuz. Shares of MPC have predictably shot upward in this environment, climbing over 140% YTD. Analysts remain largely optimistic about MPC's viability for investors, with 12 out of 17 calling shares a Buy even as the stock has surged past the consensus price target of $330.50. Of course, the danger for investors is that the same major catalyst—crack spreads driven by supply concerns—can reverse just as quickly. So while it may seem that Marathon is easily the winner of the three stocks on this list, investors should be mindful that it still carries risks amid a very volatile war. Should You Invest $1,000 in Science Applications International Right Now?Before you consider Science Applications International, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Science Applications International wasn't on the list. While Science Applications International currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow. Get This Free Report Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. |
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Kaplan Fox Reminds Primoris Services Corporation (NYSE: PRIM) Investors with Significant Losses to Seek a Leadership Role Before Deadline on September 21, 2026 | FMP Stock News | |
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NEW YORK, Sept. 09, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Primoris Services Corporation (“Primoris” or the “Company”) (NYSE: PRIM) on behalf of investors that purchased or otherwise acquired Primoris common stock between August 5, 2025 and June 22, 2026 (the “Class Period”).CLICK HERE TO JOIN THE CASE If you are an investor in Primoris and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003. DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than September 21, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery. The complaint alleges that the Defendants misled investors by representing that the Company maintained “disciplined bidding,” “well-developed estimating processes,” effective project controls, and reliable cost forecasting that enabled it to accurately price and execute fixed-price renewable energy projects, “manage risk,” and reliably forecast revenues, margins, and earnings. The truth was allegedly revealed through a series of disclosures between February 23, 2026 and June 22, 2026, culminating in Primoris’ announcement that an internal review, supported by an independent third-party industry expert, had identified significant cost overruns, project delays, and execution challenges affecting six renewable energy projects. WHY CONTACT KAPLAN FOX? Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented. Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch. For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes. If you have any questions about this Notice, your rights, or your interests, please contact: CONTACT: Pamela A. Mayer KAPLAN FOX & KILSHEIMER LLP 800 Third Avenue, 38th Floor New York, New York 10022 (646) 315-9003 [email protected] Laurence D. King KAPLAN FOX & KILSHEIMER LLP 1999 Harrison Street, Suite 1501 Oakland, California 94612 (415) 772-4704 [email protected] Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client. https://www.kaplanfox.com/case/primoris-services-corporation-investor-alert-learn-more-now/ |
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SEPTEMBER 21, 2026 PRIM INVESTOR DEADLINE: Primoris Services Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - PRIM | FMP Stock News | |
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, /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers Primoris Services Corporation (NYSE: PRIM) common stock between August 5, 2025 and June 22, 2026, inclusive (the "Class Period"), have until Monday, September 21, 2026 to seek appointment as lead plaintiff of the Primoris class action lawsuit. Captioned Boston Retirement System v. Primoris Services Corporation, No. 26-cv-02416 (N.D. Tex.), the Primoris class action lawsuit charges Primoris as well as certain of Primoris' top current former executives with violations of the Securities Exchange Act of 1934.If you suffered substantial losses and wish to serve as lead plaintiff of the Primoris class action lawsuit, please provide your information here: https://www.rgrdlaw.com/cases-primoris-services-corporation-class-action-lawsuit-prim.html You can also contact attorneys Ken Dolitsky or Michael Albert of Robbins Geller by calling 800/851-7783 or via e-mail at [email protected]. CASE ALLEGATIONS: Primoris is an infrastructure services company that provides engineering, procurement, construction, and maintenance services. The Primoris class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) Primoris' cost estimation, cost-to-complete forecasting, and project oversight processes were deficient and failed to provide reliable estimates of the costs and expected profitability of significant fixed-price renewable energy projects; (ii) as a result, Primoris systematically underestimated the costs and risks of significant fixed-price renewable energy projects that were experiencing material cost overruns, execution problems, and schedule delays; and (iii) accordingly, defendants' statements regarding Primoris' estimating processes, project execution, ability to manage project risk, financial performance, and financial guidance lacked a reasonable basis and omitted material adverse facts. The Primoris class action lawsuit further alleges that on February 23, 2026, Primoris reported its fourth quarter and full year 2025 financial results, disclosing increased costs on certain renewable energy projects, more challenging than anticipated soil conditions, and margin compression within its Energy segment, acknowledging that these issues adversely affected fourth quarter profitability despite higher revenue. On this news, the price of Primoris stock fell 8%, according to the complaint. Then, on May 5, 2026, Primoris reported its financial results for the first quarter of 2026, allegedly disclosing additional adverse developments affecting its renewable energy business, including revenue and margin pressure, delayed project starts, and weaker than expected first quarter 2026 results. Primoris also reduced its full-year 2026 Adjusted EPS guidance from $5.80-$6.00 to $4.80-$5.00 and lowered its Adjusted EBITDA guidance, the complaint alleges. On this news, the price of Primoris stock fell approximately 50%, according to the complaint. Thereafter, on June 8, 2026, Primoris allegedly announced that Anthony Vorderbruggen, Primoris' President of Renewables, was departing Primoris, effective immediately. On this news, the price of Primoris stock fell approximately 15%, according to the complaint. Finally, on June 22, 2026, Primoris issued a Business Update allegedly announcing that, following an internal review supported by an independent third-party industry expert, it had identified substantial challenges, cost overruns, and project delays affecting six renewable energy projects. Primoris reduced its full-year 2026 Adjusted EPS guidance to $2.05-$2.60, lowered its Adjusted EBITDA guidance to $275 million-$325 million, projected that 2026 Renewables revenue would decline to approximately $2.1 billion, and announced the resignation of its Chief Operating Officer, defendant Jeremy Kinch. The Primoris class action lawsuit alleges that on this news, the price of Primoris stock fell 22%. THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Primoris common stock during the Class Period to seek appointment as lead plaintiff in the Primoris class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Primoris class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Primoris class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Primoris class action lawsuit. ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud and shareholder rights litigation. Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025. This marks our fourth #1 ranking in the past five years. And in those five years alone, Robbins Geller recovered $8.4 billion for investors – $3.4 billion more than any other law firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world, and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information: https://www.rgrdlaw.com/services-litigation-securities-fraud.html Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. Contact: Robbins Geller Rudman & Dowd LLP Ken Dolitsky Michael Albert 655 W. Broadway, Suite 1900, San Diego, CA 92101 800/851-7783 [email protected] SOURCE Robbins Geller Rudman & Dowd LLP |
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Casey's Beats on Both Lines in Q1 — Stock Falls Anyway | FMP Stock News | |
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Casey’s General Stores Inc. (NASDAQ:CASY) shares are trading lower Wednesday despite reporting better-than-expected first-quarter earnings on Tuesday after the market closed.Casey’s shares are sliding. Why is CASY stock falling? Q1 HighlightsCasey’s reported earnings per share of $7.37, beating the consensus estimate of $6.72. In addition, the company reported revenue of $5.678 billion, beating the consensus estimate of $5.568 billion. Inside same-store sales were up 3.2% year-over-year, down from 4.3% growth in the comparable quarter last year. Fuel same-store gallons sold were down 0.3% on a year-over-year basis. Casey’s repurchased approximately $45.6 million of its common stock during the quarter and exited the period with approximately $1.4 billion in available liquidity, including approximately $524 million in cash and cash equivalents and approximately $857 million in available borrowing capacity on existing lines of credit. “Guests are responding well to our compelling value proposition on our high-quality prepared food, especially in whole pies. On the fuel side, our team’s robust capabilities helped us navigate a volatile environment and produced strong results,” said Darren Rebelez, Chairman, President, and CEO of Casey’s. FY27 GuidanceCasey’s expects inside same-store sales to increase between 2% and 5% in fiscal 2027, with same-store fuel gallons sold expected to be approximately flat, plus or minus 1%. The company plans to open at least 120 stores in fiscal 2027 through a combination of M&A and new store construction. Read Next Casey’s Shares FallCASY Price Action: At the time of publication, Casey’s shares are trading 10.70% lower at $655.00, according to data from Benzinga Pro. Image via Shutterstock This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Market News and Data brought to you by Benzinga APIs © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. To add Benzinga News as your preferred source on Google, click here. |
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Cheniere Energy, Freeport-McMoRan And A Financial Stock On CNBC's ‘Final Trades' | FMP Stock News | |
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On CNBC’s “Halftime Report Final Trades,” Brian Belski, founder, CEO & chief investment officer at Humilis Investment Strategies, picked Pinnacle Financial Partners, Inc. (NYSE:PNFP).Lending support to his choice, Morgan Stanley analyst Ryan Kenny on Tuesday initiated coverage of Pinnacle Financial Partners with an Overweight rating and set a price target of $137. Jim Lebenthal, partner and chief market strategist at Cerity Partners, named Cheniere Energy, Inc. (NYSE:LNG) as his final trade. Supporting his view, RBC Capital analyst Elvira Scotto, on Aug. 24, maintained Cheniere Energy with an Outperform rating and raised the price target from $300 to $319. Don’t forget to check out our premarket coverage here Joseph M. Terranova, senior managing director for Virtus Investment Partners, said he likes Freeport-McMoRan Inc. (NYSE:FCX). Trending On the earnings front, Freeport-McMoRan, on July 23, reported second-quarter results that topped Wall Street expectations, as higher realized copper and gold prices and strong operational execution helped offset lower production from its Indonesian operations. Adjusted earnings came in at 74 cents per share, beating the analyst consensus estimate of 59 cents. Revenue totaled $7.03 billion, ahead of the Street estimate of $6.76 billion. Price Action: Pinnacle Financial Partners shares fell 0.3% to close at $100.71 on Tuesday. Cheniere Energy shares dipped 5.5% to settle at $276.02 during the session. Freeport-McMoRan shares gained 5.4% to close at $76.62 on Tuesday. Photo via Shutterstock Market News and Data brought to you by Benzinga APIs © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. To add Benzinga News as your preferred source on Google, click here. |
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Remitly partners with Etsy to give sellers more choice in how they get paid globally | FMP Stock News | |
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SEATTLE, Sept. 09, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) today announced that it has partnered with Etsy (NYSE: ETSY) to be an additional payment provider on Etsy Payments, Etsy’s payments platform, in 15 countries. The partnership marks the next step in Remitly’s expansion beyond serving millions of individual customers into powering payments for small and medium businesses worldwide.Starting this fall, new international sellers opening an Etsy shop in select countries will have the option to choose Remitly as their payout provider during onboarding. For Etsy's global community of creative entrepreneurs, getting paid reliably and on time is critical. “Etsy Payments enables sellers around the world to access secure and flexible payments solutions,” said Megan Oxman, Senior Director of Product at Etsy. “Adding Remity’s payments platform as an option in Etsy Payments will give many sellers another dependable way to get paid, through the local banks and wallets they already use.” When receiving their payout with Remitly, Etsy sellers can hold their earnings in USD and convert to their local currencies on their own terms, depositing income straight to their bank accounts or mobile wallets. “Etsy is Remitly’s first marketplace partner and a model for what's ahead: taking the payment network that millions of receivers already trust and putting it to work for businesses,” said Ankur Tiwari, VP and General Manager of Remitly Business. About Remitly (NASDAQ: RELY) Remitly is a trusted provider of financial services that transcend borders. With a global footprint spanning more than 175 countries, Remitly has built one of the world’s leading global money movement platforms, trusted by millions of customers. Remitly continues to evolve beyond a remittance company into a diversified, cross-border financial services provider, serving both consumers and businesses across the globe. Media Inquiries: [email protected] Investor Relations: [email protected] |
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Chewy Announces Second Quarter 2026 Financial Results | FMP Stock News | |
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PLANTATION, Fla.--(BUSINESS WIRE)--Chewy, Inc. (NYSE: CHWY) (“Chewy”), a trusted destination for pet parents and partners everywhere, has released its financial results for the second quarter of fiscal year 2026 ended August 2, 2026.Fiscal Q2 2026 Highlights: Net sales of $3.33 billion increased 7.3 percent year over year or 5.7 percent excluding SmartPak and Modern Animal contributions Gross margin of 30.4 percent stayed consistent year over year Net income of $80.5 million, including share-based compensation expense and related taxes of $85.9 million Net margin of 2.4 percent increased 40 basis points year over year Basic earnings per share of $0.20, an increase of $0.05 year over year Diluted earnings per share of $0.20, an increase of $0.06 year over year Adjusted EBITDA(1) of $226.7 million, an increase of $43.4 million year over year Adjusted EBITDA margin(1) of 6.8 percent increased 90 basis points year over year Adjusted net income(1) of $148.8 million, an increase of $7.7 million year over year Adjusted basic earnings per share(1) of $0.37, an increase of $0.03 year over year Adjusted diluted earnings per share(1) of $0.36, an increase of $0.03 year over year “Chewy delivered a strong second quarter, with growth of 7.3% to $3.33 billion of net sales at the high end of our guidance, and a 6.8% Adj. EBITDA margin, exceeding our expectations,” said Sumit Singh, Chief Executive Officer of Chewy. “The durability of our recurring revenue base, continued customer growth, and disciplined execution give us confidence to raise our full-year revenue and profitability outlook, while continuing to invest in compelling opportunities that deepen customer engagement and create long-term shareholder value.” Management will host a conference call and webcast to discuss Chewy's financial results today at 8:00 am ET. Chewy Fiscal Second Quarter 2026 Financial Results Conference Call When: Wednesday, September 9, 2026 Time: 8:00 am ET Live webcast and replay: https://investor.chewy.com Conference call registration: https://events.q4inc.com/attendee/640129598 (1) Adjusted EBITDA, adjusted EBITDA margin, adjusted net income, and adjusted basic and diluted earnings per share are non-GAAP financial measures. See “Non-GAAP Financial Measures” for additional information on non-GAAP financial measures and a reconciliation to the most comparable GAAP measures. About Chewy Our mission is to be the most trusted and convenient destination for pet parents and partners everywhere. We believe that we are the preeminent online source for pet products, supplies, and prescriptions as a result of our broad selection of high-quality products and services, which we offer at competitive prices and deliver with an exceptional level of care and a personal touch to build brand loyalty and drive repeat purchasing. We seek to continually develop innovative ways for our customers to engage with us, as our websites and mobile applications allow our pet parents to manage their pets’ health, wellness, and merchandise needs, while enabling them to conveniently shop for our products. We partner with approximately 4,000 of the best and most trusted brands in the pet industry, and we create and offer our own private brands. Through our websites and mobile applications, we offer our customers approximately 190,000 products and services offerings, to bring what we believe is a high-bar, customer-centric experience to our customers. Forward-Looking Statements This communication contains forward-looking statements about us and our industry that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this communication, including statements regarding our share repurchase program, our future results of operations or financial condition, business strategy and plans and objectives of management for future operations, are forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “target,” “will” or “would” or the negative of these words or other similar terms or expressions, although not all forward-looking statements contain these identifying words. Although we believe that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could cause actual results to differ materially from those in such forward-looking statements, including but not limited to, our ability to: sustain our recent growth rates and successfully manage challenges to our future growth, including introducing new products or services, improving existing products and services, and expanding into new jurisdictions and offerings; successfully respond to business disruptions; successfully manage risks related to the macroeconomic environment, including any adverse impacts on our business operations, financial performance, supply chain, workforce, facilities, customer services and operations; acquire and retain new customers in a cost-effective manner and increase our net sales, improve margins and maintain profitability; manage our growth effectively; maintain positive perceptions of the Company and preserve, grow, and leverage the value of our reputation and our brand; limit operating losses as we continue to expand our business; forecast net sales and appropriately plan our expenses in the future; estimate our market share; strengthen our current supplier relationships, retain key suppliers, and source additional suppliers; negotiate acceptable pricing and other terms with third-party service providers, suppliers and outsourcing partners and maintain our relationships with such parties; mitigate changes in, or disruptions to, our shipping arrangements and operations; optimize, operate and manage the expansion of the capacity of our fulfillment centers; provide our customers with a cost-effective platform that is able to respond and adapt to rapid changes in technology; limit our losses related to online payment methods; maintain and scale our technology, the reliability of our websites, mobile applications, and network infrastructure, including through the use of artificial intelligence; maintain adequate cybersecurity with respect to our systems and retain third-party service providers that do the same with respect to their systems; maintain consumer confidence in the safety, quality and health of our products; limit risks associated with our suppliers and our outsourcing partners; comply with existing or future laws and regulations in a cost-efficient manner; utilize net operating loss and tax credit carryforwards, and other tax attributes; adequately protect our intellectual property rights; successfully defend ourselves against any allegations or claims that we may be subject to; attract, develop, motivate and retain highly-qualified and skilled employees; respond to economic conditions, industry trends, and market conditions, and their impact on the pet products market; reduce merchandise returns or refunds; respond to severe weather and limit disruption to normal business operations; manage new acquisitions, investments or alliances, and integrate them into our existing business; successfully compete in new offerings; manage challenges presented by international markets; successfully compete in the pet products and services health and retail industry, especially in the e-commerce sector; comply with the terms of our credit facility; raise capital as needed; and maintain effective internal control over financial reporting. You should not rely on forward-looking statements as predictions of future events, and you should understand that these statements are not guarantees of performance or results, and our actual results could differ materially from those expressed in the forward-looking statements due to a variety of factors. We have based the forward-looking statements contained in this communication primarily on our current assumptions, expectations, and projections about future events and trends that we believe may affect our business, financial condition, and results of operations. The outcome of the events described in these forward-looking statements is subject to risks, uncertainties and other factors described in the section titled “Risk Factors” included under Part 1, Item 1A in our Annual Report on Form 10-K for the fiscal year ended February 1, 2026, in our other filings with the Securities and Exchange Commission, our subsequent quarterly reports, and elsewhere in this communication. Moreover, we operate in a very competitive and rapidly changing environment. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all risks and uncertainties that could have an impact on the forward-looking statements contained in this communication. The results, events and circumstances reflected in the forward-looking statements may not be achieved or occur, and actual results, events or circumstances could differ materially from those described in the forward-looking statements. In addition, statements that “we believe” and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based on information available to us as of the date of this communication. While we believe that such information provides a reasonable basis for these statements, this information may be limited or incomplete. Our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all relevant information. These statements are inherently uncertain, and investors are cautioned not to unduly rely on these statements. The forward-looking statements made in this communication relate only to events as of the date on which the statements are made. We undertake no obligation to update any forward-looking statements made in this communication to reflect events or circumstances after the date of this communication or to reflect new information or the occurrence of unanticipated events, except as required by law. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements, and you should not place undue reliance on our forward-looking statements. Our forward-looking statements do not reflect the potential impact of any future acquisitions, mergers, dispositions, joint ventures or investments. CHEWY, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (in millions, except share and per share data) As of August 2, 2026 February 1, 2026 Assets (Unaudited) Current assets: Cash and cash equivalents $ 611.0 $ 860.1 Marketable securities 1.2 18.7 Accounts receivable 232.1 222.2 Inventories 924.7 864.8 Prepaid expenses and other current assets 76.3 70.0 Total current assets 1,845.3 2,035.8 Property and equipment, net 624.8 552.3 Intangible assets, net 149.7 0.3 Operating lease right-of-use assets 482.1 467.9 Goodwill 334.1 39.4 Deferred tax assets 264.7 232.2 Other non-current assets 39.9 38.5 Total assets $ 3,740.6 $ 3,366.4 Liabilities and stockholders’ equity Current liabilities: Trade accounts payable $ 1,166.0 $ 1,221.4 Accrued expenses and other current liabilities 1,033.4 1,080.2 Current portion of long-term debt 3.0 — Total current liabilities 2,202.4 2,301.6 Operating lease liabilities 527.2 518.7 Long-term debt, net 588.7 — Other long-term liabilities 51.8 48.2 Total liabilities 3,370.1 2,868.5 Stockholders’ equity: Preferred stock, $0.01 par value per share, 5,000,000 shares authorized, no shares issued and outstanding as of August 2, 2026 and February 1, 2026 — — Class A common stock, $0.01 par value per share, 1,500,000,000 shares authorized, 224,993,295 and 238,647,144 shares issued and outstanding as of August 2, 2026 and February 1, 2026, respectively 2.2 2.4 Class B common stock, $0.01 par value per share, 395,000,000 shares authorized, 176,478,229 and 176,478,229 shares issued and outstanding as of August 2, 2026 and February 1, 2026, respectively 1.8 1.8 Additional paid-in capital 1,550.7 1,852.9 Accumulated deficit (1,184.8 ) (1,360.1 ) Accumulated other comprehensive income 0.6 0.9 Total stockholders’ equity 370.5 497.9 Total liabilities and stockholders’ equity $ 3,740.6 $ 3,366.4 CHEWY, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (in millions, except per share data) (Unaudited) 13 Weeks Ended 26 Weeks Ended August 2, 2026 August 3, 2025 August 2, 2026 August 3, 2025 Net sales $ 3,330.2 $ 3,104.2 $ 6,687.4 $ 6,220.2 Cost of goods sold 2,319.0 2,162.0 4,664.8 4,354.2 Gross profit 1,011.2 942.2 2,022.6 1,866.0 Operating expenses: Selling, general and administrative 704.4 671.9 1,381.2 1,325.0 Advertising and marketing 214.8 200.6 420.9 394.4 Total operating expenses 919.2 872.5 1,802.1 1,719.4 Income from operations 92.0 69.7 220.5 146.6 Interest and other income, net 19.9 4.3 22.7 5.3 Income before income tax provision 111.9 74.0 243.2 151.9 Income tax provision 31.4 12.0 67.9 27.5 Net income $ 80.5 $ 62.0 $ 175.3 $ 124.4 Comprehensive income: Net income $ 80.5 $ 62.0 $ 175.3 $ 124.4 Foreign currency translation adjustments (0.3 ) 0.2 (0.3 ) 0.6 Comprehensive income $ 80.2 $ 62.2 $ 175.0 $ 125.0 Earnings per share attributable to common Class A and Class B stockholders: Basic $ 0.20 $ 0.15 $ 0.43 $ 0.30 Diluted $ 0.20 $ 0.14 $ 0.42 $ 0.29 Weighted-average common shares used in computing earnings per share: Basic 406.4 414.2 410.1 413.9 Diluted 410.1 428.4 414.6 426.8 CHEWY, INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (in millions) (Unaudited) 26 Weeks Ended August 2, 2026 August 3, 2025 Cash flows from operating activities Net income $ 175.3 $ 124.4 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 76.7 62.1 Share-based compensation expense 150.4 150.4 Non-cash lease expense 19.6 17.4 Unrealized foreign currency (gains) losses, net — (0.2 ) Other adjustments 6.8 5.8 Net change in operating assets and liabilities: Accounts receivable (8.2 ) (52.1 ) Inventories (44.9 ) (37.5 ) Prepaid expenses and other current assets (2.7 ) (32.2 ) Other non-current assets (0.4 ) — Trade accounts payable (65.3 ) 50.0 Accrued expenses and other current liabilities (49.3 ) (49.8 ) Operating lease liabilities (18.5 ) (16.9 ) Other long-term liabilities 6.4 (1.1 ) Net cash provided by operating activities 245.9 220.3 Cash flows from investing activities Capital expenditures (85.6 ) (65.7 ) Purchases of marketable securities (21.4 ) — Proceeds from maturities of marketable securities 39.2 — Cash paid for acquisition of businesses, net of cash acquired (552.8 ) — Other investing activities — (5.2 ) Net cash (used in) investing activities (620.6 ) (70.9 ) Cash flows from financing activities Repurchases of common stock (400.0 ) (152.6 ) Proceeds from, net of income taxes paid for, parent reorganization transaction 4.3 2.3 Repayment of borrowings and related financing costs — (0.8 ) Proceeds from debt 811.7 — Principal repayments of debt (220.0 ) — Payments for tax withholdings related to vesting of share-based compensation awards (68.7 ) — Other (1.4 ) (2.9 ) Net cash provided by (used in) financing activities 125.9 (154.0 ) Effect of exchange rate changes on cash and cash equivalents (0.3 ) 0.6 Net (decrease) in cash and cash equivalents (249.1 ) (4.0 ) Cash and cash equivalents, as of beginning of period 860.1 595.8 Cash and cash equivalents, as of end of period $ 611.0 $ 591.8 Non-GAAP Financial Measures To supplement our GAAP results, we present certain non-GAAP financial measures that management uses to evaluate operating performance, assess liquidity, and inform capital allocation decisions. These measures include Adjusted EBITDA and Adjusted EBITDA margin, Adjusted net income and Adjusted earnings per share, and Free cash flow. Adjusted EBITDA excludes depreciation and amortization, share-based compensation and related taxes, income tax provision (benefit), interest income (expense), transaction-related costs, net legal settlement proceeds, changes in the fair value of equity warrants, severance and exit costs, and other items not considered indicative of our core operations. Adjusted EBITDA margin represents Adjusted EBITDA as a percentage of net sales. Adjusted net income and Adjusted earnings per share exclude certain non-cash and non-recurring items, including share-based compensation and related taxes, releases of valuation allowances associated with deferred tax assets, transaction-related costs, net legal settlement proceeds, changes in the fair value of equity warrants, and severance and exit costs. Beginning in the first quarter of 2026, Adjusted net income excludes transaction-related costs prospectively. Free cash flow represents net cash provided by operating activities less capital expenditures. We believe these measures provide additional insight into the underlying trends in our business and facilitate comparisons across reporting periods. Reconciliations to the most directly comparable GAAP measures are provided below. These non-GAAP measures have limitations and should not be considered in isolation or as a substitute for GAAP results. For example, Adjusted EBITDA does not reflect capital expenditures, working capital requirements, interest income (expense), income taxes, or share-based compensation, which remains a recurring component of our compensation structure. In addition, other companies may calculate non-GAAP measures differently, which may limit their comparability. Accordingly, these measures should be considered together with our GAAP financial statements and related disclosures. Key Financial and Operating Data We measure our business using both financial and operating data and use the following metrics and measures to assess the near-term and long-term performance of our overall business, including identifying trends, formulating financial projections, making strategic decisions, assessing operational efficiencies, and monitoring our business. 13 Weeks Ended 26 Weeks Ended (in millions, except net sales per active customer, per share data, and percentages) August 2, 2026 August 3, 2025 % Change August 2, 2026 August 3, 2025 % Change Financial and Operating Data Net sales $ 3,330.2 $ 3,104.2 7.3 % $ 6,687.4 $ 6,220.2 7.5 % Net income (1) $ 80.5 $ 62.0 29.8 % $ 175.3 $ 124.4 40.9 % Net margin 2.4 % 2.0 % 2.6 % 2.0 % Adjusted EBITDA (2) $ 226.7 $ 183.3 23.7 % $ 479.8 $ 376.0 27.6 % Adjusted EBITDA margin (2) 6.8 % 5.9 % 7.2 % 6.0 % Adjusted net income (2) $ 148.8 $ 141.1 5.5 % $ 328.7 $ 290.0 13.3 % Earnings per share, basic (1) $ 0.20 $ 0.15 33.3 % $ 0.43 $ 0.30 43.3 % Earnings per share, diluted (1) $ 0.20 $ 0.14 42.9 % $ 0.42 $ 0.29 44.8 % Adjusted earnings per share, basic (2) $ 0.37 $ 0.34 8.8 % $ 0.80 $ 0.70 14.3 % Adjusted earnings per share, diluted (2) $ 0.36 $ 0.33 9.1 % $ 0.79 $ 0.68 16.2 % Net cash provided by operating activities $ 137.4 $ 133.9 2.6 % $ 245.9 $ 220.3 11.6 % Free cash flow (2) $ 89.5 $ 105.9 (15.5 )% $ 160.3 $ 154.6 3.7 % Active customers (3) (4) 21.705 20.906 3.8 % 21.705 20.906 3.8 % Net sales per active customer $ 602 $ 591 1.9 % $ 602 $ 591 1.9 % Autoship customer sales $ 2,817.2 $ 2,576.9 9.3 % $ 5,649.8 $ 5,139.6 9.9 % Autoship customer sales as a percentage of net sales 84.6 % 83.0 % 84.5 % 82.6 % (1) Includes share-based compensation expense and related taxes of $85.9 million and $159.3 million for the thirteen and twenty-six weeks ended August 2, 2026, compared to $79.1 million and $157.1 million for the thirteen and twenty-six weeks ended August 3, 2025. (2) Adjusted EBITDA, adjusted EBITDA margin, adjusted net income, adjusted basic and diluted earnings per share, and free cash flow are non-GAAP financial measures. See “Non-GAAP Financial Measures” above. (3) Includes approximately 43 thousand active customers attributable to SmartPak for the thirteen and twenty-six weeks ended August 2, 2026. (4) Excludes customer additions related to the Modern Animal acquisition. We define net margin as net income divided by net sales and adjusted EBITDA margin as adjusted EBITDA divided by net sales. Adjusted EBITDA and Adjusted EBITDA Margin The following table presents a reconciliation of net income to adjusted EBITDA, as well as the calculation of net margin and adjusted EBITDA margin, for each of the periods indicated: (in millions, except percentages) 13 Weeks Ended 26 Weeks Ended Reconciliation of Net Income to Adjusted EBITDA August 2, 2026 August 3, 2025 August 2, 2026 August 3, 2025 Net income $ 80.5 $ 62.0 $ 175.3 $ 124.4 Add (deduct): Depreciation and amortization 39.7 32.1 76.7 62.1 Share-based compensation expense and related taxes 85.9 79.1 159.3 157.1 Interest expense (income), net 4.7 (3.9 ) 1.9 (7.1 ) Change in fair value of equity warrants — — — 2.6 Income tax provision 31.4 12.0 67.9 27.5 Exit costs — — 1.9 — Severance costs — — — 5.9 Net legal settlement proceeds (24.0 ) — (24.0 ) — Transaction related costs 6.4 0.6 16.2 0.7 Other 2.1 1.4 4.6 2.8 Adjusted EBITDA $ 226.7 $ 183.3 $ 479.8 $ 376.0 Net sales $ 3,330.2 $ 3,104.2 $ 6,687.4 $ 6,220.2 Net margin 2.4 % 2.0 % 2.6 % 2.0 % Adjusted EBITDA margin 6.8 % 5.9 % 7.2 % 6.0 % Adjusted Net Income and Adjusted Basic and Diluted Earnings per Share The following table presents a reconciliation of net income to adjusted net income, as well as the calculation of adjusted basic and diluted earnings per share, for each of the periods indicated: (in millions, except per share data) 13 Weeks Ended 26 Weeks Ended Reconciliation of Net Income to Adjusted Net Income August 2, 2026 August 3, 2025 August 2, 2026 August 3, 2025 Net income $ 80.5 $ 62.0 $ 175.3 $ 124.4 Add: Share-based compensation expense and related taxes 85.9 79.1 159.3 157.1 Change in fair value of equity warrants — — — 2.6 Exit costs — — 1.9 — Severance costs — — — 5.9 Net legal settlement proceeds (24.0 ) — (24.0 ) — Transaction related costs 6.4 — 16.2 — Adjusted net income $ 148.8 $ 141.1 $ 328.7 $ 290.0 Weighted-average common shares used in computing earnings per share and adjusted earnings per share: Basic 406.4 414.2 410.1 413.9 Effect of dilutive share-based awards 3.7 14.2 4.5 12.9 Diluted 410.1 428.4 414.6 426.8 Earnings per share attributable to common Class A and Class B stockholders Basic $ 0.20 $ 0.15 $ 0.43 $ 0.30 Diluted $ 0.20 $ 0.14 $ 0.42 $ 0.29 Adjusted basic $ 0.37 $ 0.34 $ 0.80 $ 0.70 Adjusted diluted $ 0.36 $ 0.33 $ 0.79 $ 0.68 Free Cash Flow The following table presents a reconciliation of net cash provided by operating activities to free cash flow for each of the periods indicated: (in millions) 13 Weeks Ended 26 Weeks Ended Reconciliation of Net Cash Provided by Operating Activities to Free Cash Flow August 2, 2026 August 3, 2025 August 2, 2026 August 3, 2025 Net cash provided by operating activities $ 137.4 $ 133.9 $ 245.9 $ 220.3 Deduct: Capital expenditures (47.9 ) (28.0 ) (85.6 ) (65.7 ) Free Cash Flow $ 89.5 $ 105.9 $ 160.3 $ 154.6 Free cash flow may vary period to period based on the timing and level of capital expenditures, including investments in fulfillment capacity, pharmacy facilities, veterinary clinics, technology infrastructure, and other operational initiatives. Free cash flow may also be affected by changes in working capital, including fluctuations in inventory levels, vendor payment terms, and other components of the cash conversion cycle. |
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2026-09-09 13:17
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2026-09-09 07:59
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Chewy Profit, Revenue Rise as Customer Base Continues to Grow | FMP Stock News | |
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The online pet-supplies retailer posted a second-quarter profit of $80.5 million, or 20 cents a share, compared with $62 million, or 14 cents a share, a year earlier. |
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2026-09-09 13:17
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2026-09-09 08:09
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Chewy Stock Rises as Sales Guidance Overrides Mundane Earnings | FMP Stock News | |
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Chewy stock advances after the company raises net sales guidance for the fiscal year. |
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2026-09-09 13:17
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2026-09-09 09:15
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Chewy (CHWY) Q2 Earnings Match Estimates | FMP Stock News | |
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Chewy (CHWY - Free Report) came out with quarterly earnings of $0.36 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.33 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this online pet store would post earnings of $0.43 per share when it actually produced earnings of $0.43, delivering no surprise. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Chewy, which belongs to the Zacks Internet - Commerce industry, posted revenues of $3.33 billion for the quarter ended July 2026, surpassing the Zacks Consensus Estimate by 0.42%. This compares to year-ago revenues of $3.1 billion. The company has topped consensus revenue estimates four 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. Chewy shares have lost about 29.6% since the beginning of the year versus the S&P 500's gain of 12.1%. What's Next for Chewy?While Chewy 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 Chewy 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 $0.38 on $3.33 billion in revenues for the coming quarter and $1.53 on $13.48 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, Internet - Commerce is currently in the bottom 37% 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 broader Zacks Retail-Wholesale sector, Designer Brands (DBI - Free Report) , is yet to report results for the quarter ended July 2026. The results are expected to be released on September 10. This footwear and accessories retailer is expected to post quarterly earnings of $0.25 per share in its upcoming report, which represents a year-over-year change of -26.5%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Designer Brands' revenues are expected to be $743 million, up 0.4% from the year-ago quarter. |
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2026-09-09 13:16
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2026-09-09 07:30
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Wingstop Kicks Off Football Season with New Lemon Pepper Trio and Its First-Ever Wing Pass | FMP Stock News | |
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Wingstop's Original MVP, three ways to love it: Original Lemon Pepper is joined by new Lemon Pepper Chili Crunch and Lemon Pepper Chili Glaze, launching nationwide Sept. 15, /PRNewswire/ -- Football season is back, and Wingstop (NASDAQ: WING) is bringing more flavor to fans' game day rituals with the Lemon Pepper Trio, alongside new ways to fuel the watch party all season long. For the first time, Wingstop is taking its iconic Lemon Pepper beyond the original dry rub with two bold new expressions crafted by Wingstop's Flavor Experts, giving fans three ways to get their Lemon Pepper fix: Wingstop is bringing more flavor to fans’ game day rituals with the new Lemon Pepper Trio. Introducing the Wingstop Wing Pass, the ultimate season ticket that includes up to 18 Watch Party Bundles — one for every week of the regular football season. Original Lemon Pepper: Zesty lemon and cracked black pepper, the iconic dry rub fans know and love. NEW Lemon Pepper Chili Crunch: The signature Lemon Pepper dry rub finished with a crispy Korean chili crunch for craveable texture and a lingering kick. NEW Lemon Pepper Chili Glaze: A bright, citrusy glaze with sweet heat, topped with crispy Korean chili crunch for a bold, saucy twist on Lemon Pepper. The Lemon Pepper Trio will be available exclusively to Club Wingstop members beginning Sept. 10 before launching nationwide on Sept. 15 for a limited time.* Fans can enjoy the trio across Wingstop's menu, including classic wings, paired perfectly with Wingstop's housemade ranch. "Lemon Pepper is an iconic flavor, and Wingstop is proud of the role we've played in bringing it to fans around the world," said Michael Skipworth, President and CEO of Wingstop. "We've seen incredible response when we find new ways for fans to experience the flavors they already love, and we're bringing that same energy to our Lemon Pepper Trio. It's our biggest play yet for the rituals that make football season so special, with even more to come." And because football season is about more than what's on the field, Wingstop is going big for the fans who make game day a weekly tradition. Introducing the Wingstop Wing Pass**, the ultimate season ticket for the dedicated hosts who turn every Sunday into a full spread. Each Wing Pass includes up to 18 Watch Party Bundles — one for every week of the regular season — each featuring 20 classic wings in up to four flavors, a large fry and large ranch. With only 100 Wing Passes available, fans can bet these will go as fast as the ranch at their watch party. Club Wingstop members will need to act fast to purchase a Wing Pass beginning Thursday, Sept. 10 at 12 p.m. CT for only $27.99, the price of a single Watch Party Bundle, exclusively on wingshop.com, before they're sold out. Passholders will receive a new Watch Party Bundle offer via their account on the Wingstop app every Sunday morning for the 18-week season, ready to redeem for game day. *Available for a limited time only at participating locations in the U.S. While supplies last. **See full Wing Pass Terms and Conditions at Wingstop.com/Offers. About Wingstop Founded in 1994 and headquartered in Dallas, TX, Wingstop Inc. (NASDAQ: WING) operates and franchises more than 3,000 restaurants worldwide, with approximately 98% of the total restaurant count owned by brand partners. Generating over $5 billion in system-wide sales in fiscal 2025, Wingstop offers made-to-order, always fresh classic and boneless wings, tenders and chicken sandwiches in 12 bold, distinctive flavors, alongside signature sides and iconic housemade ranch and bleu cheese dips. Dedicated to Serving the World Flavor, Wingstop is the Official Chicken Partner of the NBA with a vision to become a Top 10 Global Restaurant Brand. Learn more at wingstop.com or follow @Wingstop on X, Instagram, Facebook and TikTok. Media Contact Kyra Harbert [email protected] SOURCE Wingstop Restaurants Inc. |
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2026-09-09 13:16
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2026-09-09 09:11
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3 Sales Growth Stocks to Buy Amid Renewed Middle East Tensions | FMP Stock News | |
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Key Takeaways Globus Medical, NetApp and Assurant emerge from a screen built around sales growth and cash flow.NetApp's fiscal 2027 sales are expected to grow 18.6%, the highest rate among the three stocks.Globus Medical targets 8.8% 2026 sales growth, while Assurant's sales are expected to rise 8.5%. U.S. equities have posted solid gains so far this year despite periodic volatility. Fed policy uncertainty, elevated Treasury yields, renewed Middle East tension, rising oil prices, persistent inflation, tariff concerns and stretched technology valuations have weighed on sentiment. Still, resilient corporate earnings and continued robust investment in AI have provided meaningful support to the market, helping major U.S. indexes remain firmly in positive territory in 2026.Against this backdrop, the traditional approach to stock selection remains a good idea. Sales growth provides a more reliable basis for evaluating stocks compared with earnings-focused metrics. In this regard, stocks like Globus Medical, Inc. (GMED - Free Report) , NetApp, Inc. (NTAP - Free Report) and Assurant Inc. (AIZ - Free Report) are worth buying. Sales growth is a key indicator of a company’s underlying business strength, reflecting customer demand and its ability to sell products or services. Sustained revenue growth will likely signal favorable industry trends, market share gains, pricing power, successful product launches, or expansion into new markets and customer segments. Higher sales can also improve operating leverage by spreading fixed costs across a larger revenue base, supporting margin expansion and profitability. However, revenue growth must be assessed alongside industry conditions, competitor performance, pricing trends, customer mix and the broader economy. Its quality also matters: recurring revenues, repeat purchases, volume-driven gains and resilient demand are generally more durable than temporary boosts. Companies that consistently generate high-quality sales growth are often better positioned to produce stable cash flows, fund expansion, strengthen competitive advantages and deliver sustainable shareholder returns. Selecting the Potential Winning StocksTo shortlist stocks with impressive sales growth and a high cash balance, we have selected 5-Year Historical Sales Growth (%) greater than X-Industry and Cash Flow of more than $500 million as our main screening parameters. But sales growth and cash strength are not the absolute criteria for selecting stocks. Hence, we have added other factors to arrive at a winning strategy. P/S Ratio less than X-Industry: This metric determines the value placed on each dollar of a company’s revenues. The lower the ratio, the better it is for picking a stock since the investor is paying less for each unit of sales. % Change F1 Sales Estimate Revisions (four weeks) greater than X-Industry: Estimate revisions, better than the industry, are often seen to trigger an increase in stock price. Operating Margin (average last five years) greater than 5%: The operating margin measures how much every dollar of a company's sales translates into profits. A high ratio indicates that the company has good cost control and sales are increasing faster than costs — an optimal situation. Return on Equity (ROE) greater than 5%: This metric will ensure that sales growth is translated into profits and the company is not hoarding cash. A high ROE means that the company is spending wisely and is, in all likelihood, profitable. Zacks Rank less than or equal to 2: Zacks Rank #1 (Strong Buy) or 2 (Buy) stocks are known to outperform, irrespective of the market environment. You can see the complete list of today’s Zacks #1 Rank stocks here. 3 Stocks With Strong Sales Growth to BuyBased in Audubon, PA, Globus Medical is a medical device company that develops and commercializes healthcare solutions for patients with musculoskeletal disorders. GMED has sales operations across 65 countries and sells through a mix of direct sales representatives and independent distributors. GMED’s expected sales growth rate for 2026 is 8.8%. Globus Medical sports a Zacks Rank #1 at present. Based in San Jose, CA, NetApp provides enterprise storage as well as data management software and hardware products and services. NTAP assists enterprises in managing multiple cloud environments, adopting next-generation technologies like AI, Kubernetes and contemporary databases, and navigating the complexity brought about by the development of data and cloud usage. NTAP’s expected sales growth rate for fiscal 2027 is 18.6%. NetApp currently carries a Zacks Rank #2. Headquartered in New York, Assurant is a global provider of risk management solutions in the housing and lifestyle markets. AIZ safeguards and services connected devices, homes, automobiles and commercial equipment in partnership with leading brands. Assurant’s sales are expected to rise 8.5% in 2026. AIZ carries a Zacks Rank #2 at present. |
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2026-09-09 13:15
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2026-09-09 06:35
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Cooper Companies Likely To Report Higher Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call | FMP Stock News | |
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The Cooper Companies, Inc. (NASDAQ:COO) will release its third earnings report after the closing bell on Wednesday, Sept. 9.Analysts expect the San Ramon, California-based company to report quarterly earnings of $1.12 per share, up from $1.10 per share in the year-ago period. The consensus estimate for COO’s quarterly revenue is $1.10 billion. It reported $1.06 billion last year, according to Benzinga Pro. On June 4, Cooper Companies posted better-than-expected earnings for the second quarter. Cooper Companies shares fell 2.7% to close at $67.69 on Tuesday. Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables. Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period. Citigroup analyst Joanne Wuensch maintained a Neutral rating and raised the price target from $76 to $80 on Aug. 13, 2026. This analyst has an accuracy rate of 70%. UBS analyst Patrick Wood initiated coverage on the stock with a Neutral rating and a price target of $7 on July 28, 2026. This analyst has an accuracy rate of 53%. BNP Paribas analyst Navann Ty maintained an Outperform rating and cut the price target from $95 to $92 on June 8, 2026. This analyst has an accuracy rate of 69%. JP Morgan analyst Robbie Marcus maintained a Neutral rating and lowered the price target from $80 to $71 on June 5, 2026. This analyst has an accuracy rate of 65%. Stifel analyst Jonathan Block maintained a Buy rating and cut the price target from $95 to $85 on June 5, 2026. This analyst has an accuracy rate of 70%. Trending Considering buying COO stock? Here’s what analysts think: Photo via Shutterstock Market News and Data brought to you by Benzinga APIs © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. To add Benzinga News as your preferred source on Google, click here. |
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Blue Owl Capital: A Safe Double-Digit Yield (Plus Some Upside!) | FMP Stock News | |
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Blue Owl Capital (OBDC) trades at a 20% discount to NAV, offering a compelling entry for yield-focused investors. OBDC maintains a well-covered 11% dividend yield, low nonaccrual rates (0.8%), and minimal tech exposure, supporting portfolio resilience. Despite a 10% NAV drawdown, net investment income remains stable, and portfolio diversification spans 229 companies across 30 industries. |
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2026-09-09 07:15
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Kaplan Fox Announces a Securities Class Action Filed Against Planet Fitness, Inc. (NYSE: PLNT) – Lead Plaintiff Deadline is September 14, 2026 | FMP Stock News | |
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NEW YORK, Sept. 09, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Planet Fitness, Inc. (“Planet Fitness” or the “Company”) (NYSE: PLNT) on behalf of investors that purchased or otherwise acquired Planet Fitness securities between November 6, 2025 and May 6, 2026 (the “Class Period”).CLICK HERE TO JOIN THE CASE If you are an investor in Planet Fitness and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003. DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than September 14, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery. The complaint alleges that defendants disseminated materially false and misleading statements and omissions concerning the true state of Planet Fitness’ customer acquisition and marketing metrics. According to the complaint, the Company’s updated marketing messaging was failing to resonate with, and was actively intimidating, its core target demographic of fitness beginners and casual gym-goers. As a result, according to the complaint, Planet Fitness was experiencing a significant headwind in net member joins during its peak first-quarter sign-up period that rendered its previously issued fiscal 2026 guidance and long term financial targets unachievable. WHY CONTACT KAPLAN FOX? Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented. Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch. For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes. If you have any questions about this Notice, your rights, or your interests, please contact: CONTACT: Pamela A. Mayer KAPLAN FOX & KILSHEIMER LLP 800 Third Avenue, 38th Floor New York, New York 10022 (646) 315-9003 [email protected] Laurence D. King KAPLAN FOX & KILSHEIMER LLP 1999 Harrison Street, Suite 1501 Oakland, California 94612 (415) 772-4704 [email protected] Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client. https://www.kaplanfox.com/case/planet-fitness-inc-class-action-alert-learn-more-now/ |
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Planet Fitness Reinforces Commitment to Judgement Free Fitness with Evolved Visual Identity and Enhanced Mobile App | FMP Stock News | |
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, /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company") today announced an evolution of its brand identity and logo grounded in the welcoming energy and Judgement Free spirit of its clubs, and the momentum of its members around the world. The refreshed gear logo reflects movement, progress and the collective energy of the Planet Fitness community, complemented by a new custom font and an update to the brand's iconic purple and yellow color palette that reflects the warmth, energy, and optimism of Planet Fitness' clubs.Planet Fitness Exterior Planet Fitness Lobby Planet Fitness App Planet Fitness Logo The refreshed identity, informed by member feedback, builds on the enhancements Planet Fitness has made across the member experience in line with consumer trends and preferences. Since 2025, the Company has expanded equipment offerings, refined club floor layouts to better reflect how members of all fitness levels train and rolled out new Black Card Spa® amenities such as red-light recovery. "For more than 30 years, Planet Fitness has made fitness more approachable and accessible for all members, wherever they may be on their fitness journey," said Brian Povinelli, Chief Marketing Officer of Planet Fitness. "Our goal was to ensure that our evolved visual identity would continue to reflect our welcoming and supportive ethos while also allowing for a more seamless and flexible presentation of the brand across traditional marketing formats and digital channels. This refreshed identity is the culmination of a thoughtful process to elevate the member experience while staying true to the Judgement Free promise, and we look forward to rolling it out across our clubs and platforms in the coming months." Elevating the In-Club and Digital Member Experience The Company today also announced an upgraded Planet Fitness mobile app designed to make the member journey easier from day one, with tools that help members plan their visits, navigate workouts and track progress. The new app features began to roll out today and will include: A redesigned member profile with seamless syncing across major wellness platforms and a home screen that changes when a member is in the club. Enhanced equipment-aligned tracking, allowing members to log weights, reps, and sets directly from their phones. An upgraded, real-time Crowd Meter to help members plan their visits with ease. The evolved branding will start to appear this month across all new and remodeled clubs, marketing assets, social media, the PF App, and PlanetFitness.com, with key in-club touchpoints rolling out through the first quarter of 2027 in existing clubs. Planet Fitness' "thumbs up" icon will also remain part of the brand's identity, showing up in select places to remind members of the 30 years of motivation and positive reinforcement the gesture has provided. For more information on Planet Fitness and to find a club near you, visit www.PlanetFitness.com. About Planet Fitness Founded in 1992 in Dover, NH, Planet Fitness is one of the largest and fastest-growing franchisors and operators of fitness centers in the world by number of members and locations. As of June 30, 2026, Planet Fitness had approximately 21.5 million members and 2,930 clubs in all 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico, Australia and Spain. The Company's mission is to enhance people's lives by providing a high-quality fitness experience in a welcoming, non-intimidating environment, which we call the Judgement Free Zone®. Approximately 90% of Planet Fitness clubs are owned and operated by independent business owners. SOURCE Planet Fitness, Inc. |
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Planet Fitness (PLNT) Investors with Losses Should Contact Block & Leviton About Recovery Options After 31% Stock Drop and Securities Fraud Lawsuit | FMP Stock News | |
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Boston, Massachusetts--(Newsfile Corp. - September 9, 2026) - Block & Leviton announces that a securities fraud lawsuit has been filed against Planet Fitness, Inc. (NYSE: PLNT) and certain of its executives. Investors who have lost money in their Planet Fitness, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/plnt.What is this all about? The lawsuit alleges Planet Fitness told investors during the class period that its "We Are All Strong on This Planet" marketing campaign was resonating and had "legs to extend into 2026," expressed confidence in a planned national Black Card price increase to $29.99, and reaffirmed its FY2026 guidance and a new three-year growth plan. The complaint alleges the company concealed that its marketing had pivoted too far toward fitness-minded consumers and was alienating its core beginner customers, dragging down new member joins. On May 7, 2026, Planet Fitness slashed its same-store sales growth guidance from 4-5% to approximately 1%, withdrew its three-year growth targets, paused the Black Card price increase, and acknowledged that its marketing had "pivoted too far" and alienated core customers. On this news, the company's stock fell about 31% in a single day, from $63.96 to $44.01, causing substantial losses for investors. Who is eligible? Anyone who purchased Planet Fitness, Inc. common stock between November 6, 2025, and May 6, 2026, and has seen their shares fall may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more. What should you do next? The deadline to seek appointment as lead plaintiff is September 14, 2026. A class has not yet been certified, and until a certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member. If you've lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at [email protected], or by phone at (888) 256-2510. Whistleblower? If you have non-public information about Planet Fitness, Inc., you should consider assisting in our investigation or working with our attorneys to file a report with the Securities Exchange Commission under their whistleblower program. Whistleblowers who provide original information to the SEC may receive rewards of up to 30% of any successful recovery. For more information, contact Block & Leviton at [email protected] or by phone at (888) 256-2510. Why should you contact Block & Leviton? Block & Leviton is widely regarded as one of the leading securities class action firms in the country. Our attorneys have recovered billions of dollars for defrauded investors and are dedicated to obtaining significant recoveries on behalf of our clients through active litigation in the federal courts across the country. Many of the nation's top institutional investors hire us to represent their interests. You can learn more about us at our website, www.blockleviton.com, call (888) 256-2510 or email [email protected] with any questions. This notice may constitute attorney advertising. CONTACT: BLOCK & LEVITON LLP 260 Franklin St., Suite 1860 Boston, MA 02110 Phone: (888) 256-2510 Email: [email protected] To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313455 Source: Block & Leviton LLP Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs. Contact Us |
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Construction Partners: The Road To Upside Is Well-Paved | FMP Stock News | |
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Construction Partners is reaffirmed as a ‘buy' due to robust revenue, profitability growth, and a strong backlog, despite recent stock underperformance. Acquisitions remain a key growth driver, with $1.82 billion spent since 2023 and recent deals expanding ROAD's market presence and backlog to $3.4 billion. Management guides for FY2026 revenue of $3.64–$3.68 billion and EBITDA of $559–$569 million, with long-term targets of $6.03 billion revenue and $1.03 billion EBITDA by 2030. |
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2026-09-09 13:13
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2026-09-09 13:07
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Společnost Casey's reportovala za 1Q, porovnatelné tržby zaostaly za očekáváním | FIO Stock News | |
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9.9.2026 15:07, CASYAmerický řetězec obchodů se smíšeným zbožím Casey's General Stores zveřejnil výsledky hospodaření za první kvartál fiskálního roku 2027, který skončil 31. července 2026. Zisk na akcii i tržby předčily očekávání trhu. Analytici však negativně vnímají zpomalení růstu porovnatelných tržeb uvnitř obchodů a pokles porovnatelných objemů prodaných pohonných hmot. Společnost potvrdila svůj výhled na celý fiskální rok 2027. Výsledky společnosti Casey's (CASY) za 1Q FY 2027 1Q FY 2027 Konsensus 1Q 2027 1Q FY 2026 Tržby (mld. USD) 5,68 5,58 4,57 Čistý zisk (mld. USD) 0,27 -- 0,22 Zisk na akcii (EPS, USD/akcie) 7,37 6,77 5,77 Výsledky za 1Q Tržby společnosti v 1Q dosáhly 5,68 mld. USD, čímž překonaly očekávání trhu ve výši 5,58 mld. USD. Tržby z pohonných hmot dosáhly 3,72 mld. USD při očekávání 3,65 mld. USD. Tržby z potravin a smíšeného zboží činily 1,28 mld. USD, přičemž konsensus byl 1,30 mld. USD. Tržby z připravovaných jídel a nápojů dosáhly 492,6 mil. USD při projekcích 487,1 mil. USD. Porovnatelné tržby uvnitř obchodů vzrostly meziročně o 3,2 % oproti nárůstu 4,3 % ve stejném kvartále loni, konsensus trhu přitom počítal s růstem o 4,1 %. Hrubý zisk se zvýšil v tomto segmentu meziročně o 6,3 % na 749,8 mil. USD. Hrubá marže zde vzrostla meziročně o 0,3 p. b. na 42,2 %. Porovnatelné tržby pohonných hmot poklesly meziročně o 0,3 %, přičemž jde o první pokles za posledních sedm kvartálů. Hrubý zisk se v tomto segmentu zvýšil meziročně o 19,6 % na 446,9 mil. USD, mírně pod očekáváním trhu ve výši 448,8 mil. USD. Hrubá marže meziročně poklesla o 2,6 p. b. na 21,8 %. Trh odhadoval 22,3 %. Očištěný zisk EBITDA se meziročně zvýšil o 17,1 % na 485,1 mil. USD. Zisk na akcii vzrostl meziročně o 27,7 % a činil 7,37 USD při očekávání 6,77 USD. Čistý zisk se zvýšil o 27,1 % na 273,7 mil. USD. Dividenda a zpětný odkup Během kvartálu společnost odkoupila akcie v hodnotě zhruba 45,6 mil. USD. V rámci stávajícího programu zpětných odkupů zbývá k dispozici přibližně 973 mil. USD. Představenstvo také deklarovalo kvartální dividendu ve výši 0,65 USD na akcii. Výhled Společnost ponechala svůj dříve zveřejněný výhled na fiskální rok 2027 beze změny. Nadále očekává nárůst porovnatelných tržeb uvnitř obchodů o 2 až 5 % při hrubé marži uvnitř obchodů nad 42 %. U porovnatelných tržeb pohonných hmot počítá s meziroční změnou -1 % až +1 %. Celkové provozní náklady mají narůst o přibližně 5 až 7 % a zisk EBITDA o 8 až 10 %. Komentář CEO „Máme skvělý start do našeho tříletého strategického plánu, který podtrhuje téměř 28% nárůst zisku na akcii," řekl generální ředitel společnosti Darren Rebelez. „Zákazníci dobře reagují na naši atraktivní nabídku kvalitních připravovaných jídel, zejména celých pizz. V oblasti pohonných hmot nám robustní schopnosti našeho týmu pomohly zvládnout volatilní prostředí a přinesly silné výsledky. Provozní tým doručil výjimečný zákaznický zážitek během našeho nejrušnějšího kvartálu roku. To vše se nám podařilo, zatímco jsme v předstihu oproti plánu s integrací akvizice Fikes." Pohledy analytiků Analytik Corey Tarlowe z Jefferies uvedl, že ačkoli tržby i zisk na akcii v kvartále překonaly odhady, porovnatelné objemy prodaných galonů pohonných hmot klesly a růst v kategorii potravin zaostal za očekáváním. Podle něj jsou při tomto násobku ocenění očekávání vysoká a celkově solidní kvartál v tomto prostředí nestačil. Vyšší ceny pohonných hmot mohou podle něj omezovat rozpočty zákazníků, což může do určité míry brzdit nákupy uvnitř prodejen, což je trend, který pozoruje i u několika konkurentů. Analytik Bradley Thomas z KeyBanc Capital Markets uvedl, že zatímco zisk na akcii překonal odhady díky maržím z pohonných hmot, tržby z pohonných hmot i z potravin zaostaly za očekáváním. Akcie podle něj klesají, protože růst tržeb uvnitř prodejen zpomalil, porovnatelné objemy galonů byly záporné (poprvé za 7 kvartálů) a společnost zopakovala výhled (navzdory překonání odhadů u zisku na akcii). Vývoj akcie Akcie společnosti Casey’s (CASY) v předburzovní fázi obchodování oslabují o 11,76 % na 647,23 USD. Akcie Casey's General Stores (CASY) před výsledky na 733,49 USD Ukazatel Ukazatel Kapitalizace (mld. USD) 27,1 P/E 34,8 Vývoj za letošní rok (%) +32,7 Očekávané P/E 34,3 52týdenní minimum (USD) 497,4 Prům. cílová cena (USD) 938,9 52týdenní maximum (USD) 927,9 Dividendový výnos (%) 0,3 Zdroj: Casey's General Stores, Bloomberg Michal Bárta, Fio banka, a.s. |
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This Is the Fintech Stock I'd Buy Next, and Soon | FMP Stock News | |
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The 40% pullback in SoFi Technologies (SOFI -1.15%) from last October's peak -- followed by its stagnation since March -- makes enough superficial sense. The company delivered the bad news it was expected to deliver.But as is so often the case, the sellers arguably overshot their target by pricing in all of the bad news -- and then some -- while ignoring much of the bigger bullish picture. Here's why the stock is a buy this month. SoFi Technologies is so much more than its one recent setback SoFi Technologies is an online bank that offers checking, savings, credit cards, loans, and everything else you might expect from a traditional brick-and-mortar bank. But it doesn't manage any brick-and-mortar branches -- it's an entirely online, self-service bank that also provides its back-end technology platform to third parties. Image source: Getty Images. And that's the crux of the reason for the share pullback: Fellow online-only bank Chime Financial had been using SoFi's Galileo platform for a fee. Now it isn't, accounting for most of the 27% year-over-year tumble in platform revenue to $75 million in this year's first quarter. Investors flinched. And although the second quarter's figure rose sequentially, it fell year-over-year, leaving investors concerned. They were so concerned that they seem to have looked right past all the other ways SoFi is knocking things out of the park. Its first-quarter total revenue is a case in point. Although Galileo platform revenue dipped during the first quarter, total revenue soared 43% to $1.1 billion, more than doubling net income in the process. Its total customer count grew 35% to a record 14.7 million, and then it improved another 35% year over year to 15.8 million during the second quarter, when revenue increased 40% to $1.2 billion. This growth appears to be accelerating, too. As part of its second-quarter report, released in late July, SoFi raised its full-year revenue forecast from $4.65 billion to a range of $4.75 billion to $4.85 billion, largely reflecting the fact that a growing number of its customers are now using more than one of the neobank's revenue-generating services. And at just over 30% above last year's top line, that revised outlook may still be on the conservative side. Plenty of growth ahead So why isn't the online bank's stock bouncing back from the knee-jerk worry about the impact of losing Chime as an institutional customer? Analysts account for some of the decline. They're only lukewarm on this stock right now, with most of them currently rating SoFi as a hold, with an average price target of $20.05, only about 10% more than the current price. With shares trading at price-to-earnings (P/E) ratio of 37, they may have valuation concerns. Analysts may also be looking right past the much bigger picture, though, afraid of sticking their necks out by pricing in next year's projected top-line growth of 26%, which would pump up the company's bottom line to $0.82 per share. And even then, it would still just be getting started. Longer-term projections from Morningstar analysts indicate SoFi could turn $6.66 billion worth of revenue into a per-share profit of $1.71 in 2030, driven by the ongoing adoption of app-based banking. Data source: Morningstar. Chart by author. According to a recent survey commissioned by the American Bankers Association, more than half of all bank customers within the U.S. already say a mobile app is their preferred way of banking, with another 22% indicating a computer or laptop is their favorite way. Nearer the bottom of the list, in-branch visits are the go-to option for a mere 9% of U.S. bank customers, while phone calls are only the first choice 4% of the time. It should also come as no surprise that the younger the consumers, the more likely they are to choose digital banking. More than two-thirds of millennials (who are mostly digitally native) use a mobile app as their primary means of banking, while only 7% regularly visit a brick-and-mortar branch. As the number of digitally native members of the population continues expanding, and online and mobile banking goes more mainstream, SoFi is perfectly positioned to meet more and bigger portions of consumers' financial needs. Waiting for more certainty could mean missing out The market will connect these dots sooner or later. In fact, although for the time being the stock seems stuck below $20 (leaving most of the pullback from last year's peak in place), since April we've seen an occasional glimmer of hope. The fact that the bulls continue testing the waters is telling. Premium Feature Moneyball Superscore 81/100 Today's Change ( -1.15 %) $ -0.21 Current Price $ 18.01 So, don't be deterred by this setback, but rather, take advantage of it while you can. Just don't tarry. Once the ball finally gets rolling in earnest, it may be a while before it stops again. That's particularly true if the analyst community gets on board and starts raising its price targets. The growth story is certainly compelling enough in the meantime to inspire them. They just need the right nudge. |
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2026-09-09 13:13
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2026-09-09 08:00
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Johnson Controls Announces Quarterly Dividend | FMP Stock News | |
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, /PRNewswire/ -- The board of directors of Johnson Controls International plc (NYSE: JCI), a global leader in thermal management, mission-critical building systems, energy efficiency and decarbonization, has approved a regular quarterly dividend of $0.40 per share of common stock, payable on Oct. 16, 2026, to shareholders of record at the close of business on Sept. 21, 2026. Johnson Controls has paid a consecutive dividend since 1887.About Johnson Controls: Johnson Controls, a global leader in thermal management, mission-critical building systems, energy efficiency, and decarbonization, helps customers use energy more productively, reduce carbon emissions, and operate with the precision and resilience required in rapidly expanding industries such as data centers, healthcare, pharmaceuticals, advanced manufacturing, and higher education. For more than 140 years, Johnson Controls has delivered performance where it really matters. Backed by advanced technology, lifecycle services and an industry-leading field organization, we elevate customer performance, turn goals into real-world results and help move society forward. Visit johnsoncontrols.com for more information and follow @Johnsoncontrols on social platforms. SOURCE Johnson Controls International plc |
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2026-09-09 13:11
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2026-09-09 06:45
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Korn Ferry Announces First Quarter Fiscal 2027 Results of Operations | FMP Stock News | |
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LOS ANGELES--(BUSINESS WIRE)--Korn Ferry (NYSE: KFY), a global consulting firm, today announced first quarter fee revenue of $756.5 million. In addition, first quarter diluted earnings per share was $1.32 and adjusted diluted earnings per share was $1.43.“I am very pleased with our quarterly performance. This marks our sixth consecutive quarter of top-line growth, demonstrating the momentum and durability of our business, as well as the sustaining value we are creating for our clients,” said Gary D. Burnison, CEO, Korn Ferry. “With AMS now part of Korn Ferry, we have brought together two iconic brands to create a global leader in talent and organizational consulting. AMS is a world-class firm that complements and meaningfully expands our Workforce Solutions and propels our We Are Korn Ferry strategy—to be the world’s conductor of talent and organizational orchestration. “AMS brings profound operational capability, delivering technology-enabled talent solutions at scale, supported by long-term contracted client relationships. And at the heart of this combination is a belief that defines Korn Ferry: people are the catalyst for organizational success. I could not be more excited about our future.” Selected Financial Results (dollars in millions, except per share amounts) (a) First Quarter FY’27 FY’26 Fee revenue $ 756.5 $ 708.6 Total revenue $ 764.6 $ 715.5 Estimated remaining fees under existing contracts (b) $ 1,915.0 $ 1,674.1 New business (c) $ 832.3 $ 742.2 Fee earner new business productivity (d) - in thousands $ 1,840 $ 1,610 Ending number of fee earners (e) 1,811 1,830 Net income attributable to Korn Ferry $ 69.0 $ 66.6 Net income attributable to Korn Ferry margin 9.1 % 9.4 % Basic earnings per share $ 1.35 $ 1.28 Diluted earnings per share $ 1.32 $ 1.26 Adjusted Results (f): First Quarter FY’27 FY’26 Adjusted EBITDA $ 128.2 $ 120.4 Adjusted EBITDA margin 17.0 % 17.0 % Adjusted net income attributable to Korn Ferry (g) $ 74.6 $ 69.2 Adjusted basic earnings per share (g) $ 1.46 $ 1.33 Adjusted diluted earnings per share (g) $ 1.43 $ 1.31 ____________________ (a) Numbers may not total due to rounding. (b) Estimated fee revenue associated with signed contracts for which revenue has not yet been recognized. (c) Estimated value of an engagement awarded in the period evidenced by a signed contract. (d) New business divided by average number of fee earners in the period annualized. (e) Represents number of employees originating services. (f) Adjusted EBITDA refers to earnings before interest, taxes, depreciation and amortization, further adjusted to exclude integration/acquisition costs, when applicable. Adjusted results on a consolidated basis are non-GAAP financial measures that adjust for the following, as applicable (see attached reconciliations): First Quarter FY’27 FY’26 Integration/acquisition costs $ 7.6 $ 1.5 First Quarter FY’27 FY’26 Accelerated depreciation on digital technology platform $ — $ 2.0 Tax effect on the adjusted items $ (1.9 ) $ (0.9 ) The Company reported fee revenue in Q1 FY'27 of $756.5 million, an increase of 7% year-over-year at both actual and constant currency. Fee revenue grew in all Regions year-over-year, led by double digit growth in Search and Workforce Solutions. Net income attributable to Korn Ferry was $69.0 million with a margin of 9.1% in Q1 FY'27, compared to net income attributable to Korn Ferry of $66.6 million with a margin of 9.4% in Q1 FY'26. Adjusted EBITDA was $128.2 million in Q1 FY'27 compared to $120.4 million in Q1 FY'26. Adjusted EBITDA margin in the quarter was 17.0%, flat year-over-year. Net income attributable to Korn Ferry and Adjusted EBITDA increased primarily due to an increase in fee revenue, partially offset by increases in compensation and benefits expenses and general and administrative expenses. Results by Region Selected Americas Data (dollars in millions) (a) First Quarter FY’27 FY’26 Fee revenue $ 442.1 $ 404.1 Total revenue $ 447.6 $ 408.5 Estimated remaining fees under existing contracts (b) $ 1,042.1 $ 875.1 New business (c) $ 465.7 $ 404.1 Fee earner new business productivity (d) - in thousands $ 1,920 $ 1,630 Ending number of fee earners (e) 971 973 Adjusted Results (f): First Quarter FY’27 FY’26 Adjusted EBITDA $ 116.4 $ 100.7 Adjusted EBITDA margin 26.3 % 24.9 % ___________________ (a) Numbers may not total due to rounding. (b) Estimated fee revenue associated with signed contracts for which revenue has not yet been recognized. (c) Estimated value of an engagement awarded in the period evidenced by a signed contract. (d) New business divided by average number of fee earners in the period annualized. (e) Represents number of employees originating services. (f) Adjusted results exclude the following: First Quarter FY’27 FY’26 Integration/acquisition costs $ — $ 0.7 Fee revenue was $442.1 million in Q1 FY'27 compared to $404.1 million in Q1 FY'26, an increase of $38.0 million or 9% year-over-year at both actual and constant currency. The fee revenue increase was primarily driven by increases of 14% in both Search and Workforce Solutions. Adjusted EBITDA was $116.4 million in Q1 FY'27 compared to $100.7 million in the year-ago quarter. Adjusted EBITDA margin in the quarter increased year-over-year by 140bps to 26.3%. Adjusted EBITDA increased primarily due to an increase in fee revenue, partially offset by increases in compensation and benefits expenses and cost of services. Selected EMEA Data (dollars in millions) (a) First Quarter FY’27 FY’26 Fee revenue $ 227.7 $ 219.0 Total revenue $ 229.6 $ 220.9 Estimated remaining fees under existing contracts (b) $ 646.9 $ 572.5 New business (c) $ 251.7 $ 227.3 Fee earner new business productivity (d) - in thousands $ 1,790 $ 1,580 Ending number of fee earners (e) 556 578 Adjusted Results (f): First Quarter FY’27 FY’26 Adjusted EBITDA $ 37.3 $ 35.7 Adjusted EBITDA margin 16.4 % 16.3 % ___________________ (a) Numbers may not total due to rounding. (b) Estimated fee revenue associated with signed contracts for which revenue has not yet been recognized. (c) Estimated value of an engagement awarded in the period evidenced by a signed contract. (d) New business divided by average number of fee earners in the period annualized. (e) Represents number of employees originating services. (f) Adjusted results exclude the following: First Quarter FY’27 FY’26 Integration/acquisition costs $ — $ 0.8 Fee revenue was $227.7 million in Q1 FY'27 compared to $219.0 million in Q1 FY'26, an increase of $8.7 million or 4% year-over-year at both actual and constant currency. Fee revenue increased in all Solution groups, led by Workforce Solutions and Talent & Organizational Solutions up 8% and 4%, respectively. Adjusted EBITDA was $37.3 million in Q1 FY'27, compared to $35.7 million in the year-ago quarter. Adjusted EBITDA increased primarily due to an increase in fee revenue, partially offset by increases in compensation and benefits expenses and cost of services. Selected APAC Data (dollars in millions) (a) First Quarter FY’27 FY’26 Fee revenue $ 86.7 $ 85.5 Total revenue $ 87.5 $ 86.2 Estimated remaining fees under existing contracts (b) $ 226.0 $ 226.6 New business (c) $ 114.9 $ 110.7 Fee earner new business productivity (d) - in thousands $ 1,620 $ 1,570 Ending number of fee earners (e) 284 279 Adjusted Results: First Quarter FY’27 FY’26 Adjusted EBITDA $ 19.2 $ 19.8 Adjusted EBITDA margin 22.2 % 23.1 % ___________________ (a) Numbers may not total due to rounding. (b) Estimated fee revenue associated with signed contracts for which revenue has not yet been recognized. (c) Estimated value of an engagement awarded in the period evidenced by a signed contract. (d) New business divided by average number of fee earners in the period annualized. (e) Represents number of employees originating services. Fee revenue was $86.7 million in Q1 FY'27 compared to $85.5 million in Q1 FY'26, an increase of $1.2 million or 1% (up 2% at constant currency). Fee revenue increased primarily driven by a 7% increase in Search, offset by a decline in the other Solution Groups. Adjusted EBITDA was $19.2 million in Q1 FY'27 compared to $19.8 million in the year-ago quarter. Outlook Assuming no further changes in worldwide geopolitical conditions, economic conditions, financial markets and foreign exchange rates, and including the addition of AMS for September and October, on a consolidated basis: Q2 FY’27 fee revenue is expected to be in the range of $860 million and $878 million; Q2 FY'27 adjusted EBITDA margin is expected to range from 16.8% to 17.2%; and Q2 FY’27 adjusted diluted earnings per share is expected to be in the range from $1.30 to $1.40. Adjusted diluted earnings per share includes the net after tax impact of two months of incremental intangible asset amortization, incremental net interest expense and incremental shares issued in connection with the acquisition of AMS which closed on September 1, 2026. Consolidated adjusted EBITDA margin and consolidated adjusted diluted earnings per share are non-GAAP financial measures. The Company is not providing an outlook for consolidated net income attributable to Korn Ferry margin or consolidated diluted earnings per share, the most directly comparable GAAP measures, or a quantitative reconciliation of those GAAP measures to the corresponding non-GAAP measures. The information necessary to present those GAAP measures on a forward-looking basis is not accessible without unreasonable efforts, because the Company is not able to estimate with reasonable certainty the integration and acquisition costs it will incur in connection with the AMS acquisition during the second quarter of fiscal 2027. Earnings Conference Call Webcast The earnings conference call will be held today at 12:00 PM (EDT) and hosted by CEO Gary Burnison, CFO Robert Rozek, SVP Business Development & Analytics Gregg Kvochak and VP Investor Relations Tiffany Louder. The conference call will be webcast and available online at ir.kornferry.com. We will also post to the investor relations section of our website earnings slides, which will accompany our webcast, and other important information, and encourage you to review the information that we make available on our website. About Korn Ferry Korn Ferry is a global consulting firm that powers performance. We unlock the potential in your people and unleash transformation across your business—synchronizing strategy, operations, and talent to accelerate performance, fuel growth, and inspire a legacy of change. That’s why the world’s most forward-thinking companies across every major industry turn to us—for a shared commitment to lasting impact and the bold ambition to Be More Than. Forward-Looking Statements Statements in this press release and our conference call that relate to our outlook, projections, goals, strategies, future plans and expectations, including statements relating to expected labor market conditions, expected demand for and relevance of our products and services, expected results of our business diversification strategy, expected benefits and synergies from the AMS acquisition, impact of global events on our business, and other statements of future events or conditions are forward-looking statements that involve a number of risks and uncertainties. Words such as “believes”, “expects”, “anticipates”, “goals”, “estimates”, “guidance”, “may”, “should”, “could”, “will” or “likely”, and variations of such words and similar expressions are intended to identify such forward-looking statements. Readers are cautioned not to place undue reliance on such statements. Such statements are based on current expectations; actual results in future periods may differ materially from those currently expected or desired because of a number of risks and uncertainties that are beyond the control of Korn Ferry. The potential risks and uncertainties include those relating to global and local political and or economic developments in or affecting countries where we have operations, such as inflation, trade wars, interest rates, labor market conditions, global slowdowns, or recessions, competition, geopolitical tensions, including the recent Middle East conflict, shifts in global trade patterns, changes in demand for our services as a result of automation, dependence on and costs of attracting and retaining qualified and experienced consultants, impact of inflationary pressures on our profitability, our ability to maintain relationships with customers and suppliers and retaining key employees, maintaining our brand name and professional reputation, our ability to successfully integrate acquired businesses, including the operations and employees of AMS, our ability to recognize the anticipate benefits of the acquisition of AMS which may be affected by, among other things, competition, our ability to grow and manage growth profitably, our ability to maintain relationships with customers and suppliers and retain key employees, costs related to the AMS acquisition, potential legal liability and regulatory developments, portability of client relationships, consolidation of or within the industries we serve, changes and developments in government laws and regulations, evolving investor and customer expectations with regard to corporate responsibility matters, currency fluctuations in our international operations, risks related to growth, alignment of our cost structure, including as a result of recent workforce, real estate, and other restructuring initiatives, restrictions imposed by off-limits agreements, reliance on information processing systems, cyber security vulnerabilities or events, changes to data security, data privacy, and data protection laws, dependence on third parties for the execution of critical functions, limited protection of our intellectual property, our ability to enhance, develop and respond to new technology, including artificial intelligence, our ability to successfully recover from a disaster or other business continuity problems, employment liability risk, an impairment in the carrying value of goodwill and other intangible assets, treaties, or regulations on our business and our Company, deferred tax assets that we may not be able to use, our ability to develop new products and services, changes in our accounting estimates and assumptions, the utilization and billing rates of our consultants, seasonality, the use of social media platforms, the ability to effect acquisitions, resulting organizational changes, our indebtedness, and those relating to the ultimate magnitude and duration of any pandemic or outbreaks. For a detailed description of risks and uncertainties that could cause differences from our expectations, please refer to Korn Ferry’s periodic filings with the Securities and Exchange Commission. Korn Ferry disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Use of Non-GAAP Financial Measures This press release contains financial information calculated other than in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”). In particular, it includes: Adjusted net income attributable to Korn Ferry, adjusted to exclude accelerated depreciation on our digital technology platform and integration/acquisition costs, net of income tax effect; Adjusted basic and diluted earnings per share, adjusted to exclude cost associated with accelerated depreciation on our digital technology platform and integration/acquisition costs, net of income tax effect; Constant currency (calculated using a quarterly average) percentages that represent the percentage change that would have resulted had exchange rates in the prior period been the same as those in effect in the current period; and Consolidated Adjusted EBITDA, which is earnings before interest, taxes, depreciation and amortization, further adjusted to exclude integration/acquisition costs when applicable, and Consolidated Adjusted EBITDA margin. This non-GAAP disclosure has limitations as an analytical tool, should not be viewed as a substitute for financial information determined in accordance with GAAP, and should not be considered in isolation or as a substitute for analysis of the Company’s results as reported under GAAP, nor is it necessarily comparable to non-GAAP performance measures that may be presented by other companies. Management believes the presentation of non-GAAP financial measures in this press release provides meaningful supplemental information regarding Korn Ferry’s performance by excluding certain charges that may not be indicative of Korn Ferry’s ongoing operating results. These non-GAAP financial measures are performance measures and are not indicative of the liquidity of Korn Ferry. These charges, which are described in the footnotes in the attached reconciliations, represent 1) accelerated depreciation associated with the decision to sunset our digital technology platform and 2) costs associated with acquisitions, such as legal and professional fees, retention awards and on-going integration expenses. The use of non-GAAP financial measures facilitates comparisons to Korn Ferry’s historical performance. Korn Ferry includes non-GAAP financial measures because management believes they are useful to investors in allowing for greater transparency with respect to supplemental information used by management in its evaluation of Korn Ferry’s ongoing operations and financial and operational decision-making. Adjusted net income attributable to Korn Ferry, adjusted basic and diluted earnings per share and Consolidated Adjusted EBITDA, exclude certain charges that management does not consider on-going in nature and allows management and investors to make more meaningful period-to-period comparisons of the Company’s operating results. Management further believes that Consolidated Adjusted EBITDA is useful to investors because it is frequently used by investors and other interested parties to measure operating performance among companies with different capital structures, effective tax rates and tax attributes and capitalized asset values, all of which can vary substantially from company to company. In the case of constant currency percentages, management believes the presentation of such information provides useful supplemental information regarding Korn Ferry's performance as excluding the impact of exchange rate changes on Korn Ferry's financial performance allows investors to make more meaningful period-to-period comparisons of the Company’s operating results, to better identify operating trends that may otherwise be masked or distorted by exchange rate changes and to perform related trend analysis, and provides a higher degree of transparency of information used by management in its evaluation of Korn Ferry's ongoing operations and financial and operational decision-making. KORN FERRY AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF INCOME (in thousands, except per share amounts) Three Months Ended July 31, 2026 2025 (unaudited) Fee revenue $ 756,496 $ 708,613 Reimbursed out-of-pocket engagement expenses 8,126 6,930 Total revenue 764,622 715,543 Compensation and benefits 477,362 461,411 General and administrative expenses 80,231 63,874 Reimbursed expenses 8,126 6,930 Cost of services 83,328 77,194 Depreciation and amortization 22,195 22,686 Total operating expenses 671,242 632,095 Operating income 93,380 83,448 Other income, net 5,107 12,752 Interest expense, net (4,342 ) (3,516 ) Income before provision for income taxes 94,145 92,684 Income tax provision 24,648 25,250 Net income 69,497 67,434 Net income attributable to noncontrolling interest (530 ) (798 ) Net income attributable to Korn Ferry $ 68,967 $ 66,636 Earnings per common share attributable to Korn Ferry: Basic $ 1.35 $ 1.28 Diluted $ 1.32 $ 1.26 Weighted-average common shares outstanding: Basic 50,351 51,466 Diluted 51,347 52,368 KORN FERRY AND SUBSIDIARIES FINANCIAL SUMMARY BY REPORTING SEGMENT (dollars in thousands) (unaudited) Three Months Ended July 31, 2026 2025 % Change Fee revenue: AMERICAS Search $ 209,325 $ 183,723 13.9 % Talent & Organizational Solutions 106,853 110,061 (2.9 %) Workforce Solutions 125,951 110,351 14.1 % Total Americas 442,129 404,135 9.4 % EMEA Search 66,836 65,499 2.0 % Talent & Organizational Solutions 115,366 111,415 3.5 % Workforce Solutions 45,468 42,041 8.2 % Total EMEA 227,670 218,955 4.0 % APAC Search 31,737 29,702 6.9 % Talent & Organizational Solutions 37,001 37,684 (1.8 %) Workforce Solutions 17,959 18,137 (1.0 %) Total APAC 86,697 85,523 1.4 % Total fee revenue 756,496 708,613 6.8 % Reimbursed out-of-pocket engagement expenses 8,126 6,930 17.3 % Total revenue $ 764,622 $ 715,543 6.9 % Fee revenue by Solution Group: Search $ 307,898 $ 278,924 10.4 % Talent & Organizational Solutions 259,220 259,160 — % Workforce Solutions 189,378 170,529 11.1 % Total fee revenue $ 756,496 $ 708,613 6.8 % KORN FERRY AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands, except per share amounts) July 31, 2026 April 30, 2026 (1) (unaudited) ASSETS Cash and cash equivalents $ 800,852 $ 1,095,445 Marketable securities 15,439 38,914 Receivables due from clients, net of allowance for doubtful accounts of $44,591 and $42,527 at July 31, 2026 and April 30, 2026, respectively 615,274 573,350 Income taxes and other receivables 68,265 75,410 Unearned compensation 67,215 64,421 Prepaid expenses and other assets 71,923 58,437 Total current assets 1,638,968 1,905,977 Marketable securities, non-current 234,778 247,132 Property and equipment, net 193,676 191,531 Operating lease right-of-use assets, net 170,191 170,986 Cash surrender value of company-owned life insurance policies, net of loans 304,906 289,058 Deferred income taxes 118,383 113,207 Goodwill 945,837 950,636 Intangible assets, net 39,754 45,858 Unearned compensation, non-current 140,457 118,592 Investments and other assets 29,926 31,799 Total assets $ 3,816,876 $ 4,064,776 LIABILITIES AND STOCKHOLDERS' EQUITY Accounts payable $ 50,316 $ 49,682 Income taxes payable 18,718 19,573 Compensation and benefits payable 299,408 570,242 Operating lease liability, current 30,621 28,111 Other accrued liabilities 292,154 314,402 Total current liabilities 691,217 982,010 Deferred compensation and other retirement plans 531,991 510,774 Operating lease liability, non-current 163,701 164,899 Long-term debt 398,778 398,565 Deferred tax liabilities 6,607 5,723 Other liabilities 23,305 23,902 Total liabilities 1,815,599 2,085,873 Stockholders' equity Common stock: $0.01 par value, 150,000 shares authorized, 80,165 and 79,203 shares issued and 50,790 and 50,225 shares outstanding at July 31, 2026 and April 30, 2026, respectively 276,212 284,370 Retained earnings 1,799,808 1,761,063 Accumulated other comprehensive loss, net (81,633 ) (72,827 ) Total Korn Ferry stockholders' equity 1,994,387 1,972,606 Noncontrolling interest 6,890 6,297 Total stockholders' equity 2,001,277 1,978,903 Total liabilities and stockholders' equity $ 3,816,876 $ 4,064,776 (1) information is derived from audited financial statements included in our most recently filed Form 10-K. KORN FERRY AND SUBSIDIARIES RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (dollars in thousands) (unaudited) Three Months Ended 2026 2025 Net income attributable to Korn Ferry $ 68,967 $ 66,636 Net income attributable to non-controlling interest 530 798 Net income 69,497 67,434 Income tax provision 24,648 25,250 Income before provision for income taxes 94,145 92,684 Interest expense, net 4,342 3,516 Depreciation and amortization (1) 22,195 22,686 Integration/acquisition costs (2) 7,554 1,508 Adjusted EBITDA $ 128,236 $ 120,394 Net income attributable to Korn Ferry margin 9.1 % 9.4 % Net income attributable to non-controlling interest 0.1 % 0.1 % Income tax provision 3.3 % 3.6 % Interest expense, net 0.6 % 0.5 % Depreciation and amortization (1) 2.9 % 3.2 % Integration/acquisition costs (2) 1.0 % 0.2 % Adjusted EBITDA margin 17.0 % 17.0 % Net income attributable to Korn Ferry $ 68,967 $ 66,636 Accelerated depreciation on digital technology platform (1) — 1,977 Integration/acquisition costs (2) 7,554 1,508 Tax effect on the adjusted items (3) (1,897 ) (883 ) Adjusted net income attributable to Korn Ferry $ 74,624 $ 69,238 Basic earnings per common share $ 1.35 $ 1.28 Accelerated depreciation on digital technology platform (1) — 0.04 Integration/acquisition costs (2) 0.15 0.03 Tax effect on the adjusted items (3) (0.04 ) (0.02 ) Adjusted basic earnings per share $ 1.46 $ 1.33 Diluted earnings per common share $ 1.32 $ 1.26 Accelerated depreciation on digital technology platform (1) — 0.04 Integration/acquisition costs (2) 0.15 0.03 Tax effect on the adjusted items (3) (0.04 ) (0.02 ) Adjusted diluted earnings per share $ 1.43 $ 1.31 KORN FERRY AND SUBSIDIARIES RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES - CONTINUED (dollars in thousands) (unaudited) Three Months Ended July 31, 2026 2025 Net income attributable to Korn Ferry Net income attributable to Korn Ferry margin Net income attributable to Korn Ferry Net income attributable to Korn Ferry margin Consolidated $ 68,967 9.1 % $ 66,636 9.4 % Fee revenue Total revenue Adjusted EBITDA Adjusted EBITDA margin Fee revenue Total revenue Adjusted EBITDA Adjusted EBITDA margin Americas $ 442,129 $ 447,550 $ 116,419 26.3 % $ 404,135 $ 408,462 $ 100,747 24.9 % EMEA 227,670 229,580 37,280 16.4 % 218,955 220,875 35,727 16.3 % APAC 86,697 87,492 19,219 22.2 % 85,523 86,206 19,769 23.1 % Corporate — — (44,682 ) — — (35,849 ) Consolidated $ 756,496 $ 764,622 $ 128,236 17.0 % $ 708,613 $ 715,543 $ 120,394 17.0 % |
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2026-09-09 13:11
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2026-09-09 08:56
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Korn/Ferry (KFY) Q1 Earnings and Revenues Top Estimates | FMP Stock News | |
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Korn/Ferry (KFY - Free Report) came out with quarterly earnings of $1.43 per share, beating the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $1.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +5.93%. A quarter ago, it was expected that this staffing company would post earnings of $1.37 per share when it actually produced earnings of $1.4, delivering a surprise of +2.19%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Korn/Ferry, which belongs to the Zacks Staffing Firms industry, posted revenues of $756.5 million for the quarter ended July 2026, surpassing the Zacks Consensus Estimate by 2.90%. This compares to year-ago revenues of $708.61 million. The company has topped consensus revenue estimates four 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. Korn/Ferry shares have added about 24.3% since the beginning of the year versus the S&P 500's gain of 12.1%. What's Next for Korn/Ferry?While Korn/Ferry has outperformed 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 Korn/Ferry 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 $1.48 on $750 million in revenues for the coming quarter and $6.04 on $3.03 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, Staffing Firms is currently in the top 42% 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. Acuity (AYI - Free Report) , another stock in the broader Zacks Business Services sector, has yet to report results for the quarter ended August 2026. The results are expected to be released on October 1. This lighting maker is expected to post quarterly earnings of $5.67 per share in its upcoming report, which represents a year-over-year change of +9%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Acuity's revenues are expected to be $1.26 billion, up 3.8% from the year-ago quarter. |
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2026-09-09 13:11
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2026-09-09 07:30
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FTI Consulting Strengthens Construction Disputes Capabilities in Latin America With Appointment of Luis Roman | FMP Stock News | |
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WASHINGTON, Sept. 09, 2026 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Luis Roman as a Senior Managing Director in the Construction, Projects & Assets practice within the firm’s Forensic and Litigation Consulting segment.Mr. Roman brings more than 30 years of experience in construction and project management, including more than 25 years in construction forensics. He strengthens FTI Consulting's construction disputes capabilities, helping owners, contractors, law firms and developers resolve high-stakes claims involving schedule delays, cost overruns, productivity losses, contract disputes and damages quantification. Mr. Roman has advised clients on projects spanning the power, energy, oil and gas, transportation, industrial, commercial and residential sectors globally. He has provided testimony and expert opinions in numerous domestic and international proceedings, including matters before the Permanent Court of Arbitration, the International Chamber of Commerce, Brazil-Canada Chamber of Commerce, Camara de Arbitraje de Santiago, American Arbitration Association and other leading arbitration forums. In his role at FTI Consulting, Mr. Roman will support clients with construction forensics, claims and disputes, schedule analysis, delay causation, productivity assessments, cost estimating, damages quantification and expert testimony. “Large capital projects continue to face schedule, cost and productivity pressures that can create complex disputes for owners, contractors and other stakeholders,” said Garrett Fultz, Global Leader of the Construction, Projects & Assets practice at FTI Consulting. “Luis’ experience across construction forensics, international arbitration and major infrastructure and energy projects will help clients evaluate project issues with discipline and develop fact-based approaches to dispute resolution.” Mr. Roman is a Certified Cost Professional and Planning and Scheduling Professional. He has received international recognition for his work, including on the Lexology Index Arbitration Expert Witnesses list and in the Lexology Index Brazil report. Prior to joining FTI Consulting, he was a Managing Director at HECT Consulting and spent more than 20 years at Navigant Consulting in the Global Construction practice. Commenting on his appointment, Mr. Roman said, “We are seeing significant investment in major capital projects across Latin America, particularly in the mining and energy sectors. With that investment comes increasingly complex projects and greater exposure to schedule delays, cost escalation, productivity challenges and contractual disputes. I look forward to bringing my experience in the region to FTI Consulting and leveraging the firm’s global expertise to help clients navigate these challenges and develop clear, fact-based approaches when disputes arise.” About FTI Consulting FTI Consulting, Inc. is a leading global expert firm for organizations facing crisis and transformation, with more than 8,100 employees located in 32 countries and territories as of June 30, 2026. In certain jurisdictions, FTI Consulting’s services are provided through distinct legal entities that are separately capitalized and independently managed. The Company generated $3.8 billion in revenues during fiscal year 2025. More information can be found at www.fticonsulting.com. FTI Consulting, Inc. 555 12th Street NW Washington, DC 20004 +1.202.312.9100 Investor Contact: Mollie Hawkes +1.617.747.1791 [email protected] Media Contact: Sam Ford +1.617.480.7402 [email protected] |
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2026-09-09 13:08
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2026-09-09 08:05
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USA Compression Partners, LP Announces Launch of $600 Million Offering of Senior Notes | FMP Stock News | |
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-DALLAS--(BUSINESS WIRE)--USA Compression Partners, LP (NYSE: USAC) (the “Partnership”) today announced that, subject to market and other conditions, it intends to offer, with its wholly owned subsidiary, USA Compression Finance Corp., $600 million in aggregate principal amount of senior unsecured notes due 2035 in a private placement to eligible purchasers. USA Compression Partners, LP Announces Launch of $600 Million Offering of Senior Notes Share The Partnership intends to use the net proceeds from the offering to repay outstanding borrowings under its credit agreement and to pay the fees and expenses incurred in connection with the offering. The notes have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or under the securities laws of any other jurisdiction. Unless they are registered, the notes may be offered only in transactions that are exempt from registration under the Securities Act and applicable state securities laws. The notes are being offered only to persons reasonably believed to be qualified institutional buyers under Rule 144A under the Securities Act and to non-U.S. persons outside the United States under Regulation S under the Securities Act. The notes will not be listed on any securities exchange or automated quotation system. This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The offering may be made only by means of an offering memorandum. FORWARD-LOOKING STATEMENTS Statements in this press release may be forward-looking statements as defined under federal law, including those related to the Partnership’s securities offering. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors, many of which are outside the control of the Partnership, and a variety of risks that could cause results to differ materially from those expected by management of the Partnership. The Partnership undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time. You are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this press release. Known material factors that could cause the Partnership’s actual results to differ materially from the results contemplated by such forward-looking statements are described in the Partnership’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, which was filed with the Securities and Exchange Commission (the “SEC”) on February 17, 2026, as updated by Exhibit 99.1 to the Partnership’s Current Report on Form 8-K12B filed on July 6, 2026, as well as the Partnership’s subsequent filings with the SEC. You should also understand that it is not possible to predict or identify all such factors, and you should not consider these factors to be a complete statement of all potential risks and uncertainties. More News From USA Compression Partners, LP Back to Newsroom |
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2026-09-09 13:08
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2026-09-09 06:36
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GDDY Legal Notice: BFA Law Notifies GoDaddy Investors that Lost Money of the Imminent October 26 Securities Fraud Class Action Deadline | FMP Stock News | |
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NEW YORK, Sept. 09, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against GoDaddy Inc. (NYSE:GDDY) and certain of the company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.If you invested in GoDaddy, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/godaddy-class-action-lawsuit. Key Details of the GoDaddy ($GDDY) Class Action: Lead Plaintiff Deadline: October 26, 2026Alleged Misconduct: Securities fraud alleging GoDaddy misrepresented its customer acquisition and go-to-market strategyStock Drop: February 25, 2026 – 14.28% Stock DropCourt: U.S. District Court for the Southern District of New YorkAction: Contact BFA Law to discuss your rights Investors have until October 26, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in GoDaddy common stock. The class action is pending in the U.S. District Court for the Southern District of New York. It is captioned Johnson v. GoDaddy Inc. et al., No. 26-cv-7144. Why is GoDaddy Being Sued for Securities Fraud? GoDaddy is an internet domain registry, domain registrar, and web hosting company that primarily serves small businesses, entrepreneurs, and other customers seeking tools to build and manage an online presence. According to the complaint, GoDaddy repeatedly told investors that its strategy was focused on attracting “high-intent” customers who were likely to buy more products and spend more money, while allegedly failing to disclose that it had introduced a heavily discounted $4.99 promotional offer for one-year dotcom domain contracts. As alleged, the promotion contradicted GoDaddy’s public messaging that it had turned off front-end discounting and was not pursuing customer growth for its own sake. The complaint alleges that the promotion encouraged shorter-term, lower-value contracts, reduced upfront bookings, and rendered GoDaddy’s statements about demand, average order size, and bookings growth misleading. Why did GoDaddy’s Stock Drop? On February 24, 2026, after the market closed, GoDaddy disclosed that total bookings growth sharply decelerated to 5% in Q4 2025, down from 9% the prior quarter and below analyst expectations. GoDaddy also disclosed that it had expanded its go-to-market approach and introduced a promotional price for dotcom domains with a one-year term. The Company stated that the offer increased new customer volume but that the shift in term mix and promotional pricing reduced upfront bookings and near-term revenue. On this news, GoDaddy’s stock dropped $13.18 per share, or 14.28%, from a closing price of $92.30 per share on February 24, 2026, to $79.12 per share on February 25, 2026. Click here for more information: https://www.bfalaw.com/cases/godaddy-class-action-lawsuit. What Can You Do? If you invested in GoDaddy, you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. Submit your information by visiting: https://www.bfalaw.com/cases/godaddy-class-action-lawsuit Or contact: Adam McCall [email protected] 212.789.3619 Why Bleichmar Fonti & Auld LLP? BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360, and “SuperLawyers” by Thomson Reuters. Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.” BFA’s notable successes include a recovery of over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd. For more information about BFA and its attorneys, please visit https://www.bfalaw.com. https://www.bfalaw.com/cases/godaddy-class-action-lawsuit Attorney advertising. Past results do not guarantee future outcomes. |
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2026-09-09 13:07
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2026-09-09 07:00
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Dream Finders Homes, Inc. Announces Consent Solicitation for 7.500% Senior Notes Due 2031 and 8.000% Senior Notes Due 2032 of Beazer Homes USA, Inc. | FMP Stock News | |
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JACKSONVILLE, Fla.--(BUSINESS WIRE)--Dream Finders Homes, Inc. (“Dream Finders”) (NYSE: DFH) announced today that, in connection with the proposed acquisition of Beazer Homes USA, Inc. (“Beazer”), it is soliciting consents (the “Consent Solicitation”) from holders of Beazer's outstanding 7.500% Senior Notes due 2031 (the “2031 Notes”) and outstanding 8.000% Senior Notes due 2032 (the “2032 Notes,” and together with the 2031 Notes, the “Notes”) to an amendment (the “Proposed Amendment”) to the i. |
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2026-09-09 13:07
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2026-09-09 08:00
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Dream Finders Homes, Inc. Announces Consent Solicitation for 7.500% Senior Notes Due 2031 and 8.000% Senior Notes Due 2032 of Beazer Homes USA, Inc. | FMP Stock News | |
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Dream Finders Homes, Inc. (âDream Findersâ) (NYSE: DFH) announced today that, in connection with the proposed acquisition of Beazer Homes USA, Inc. (âBeaz |
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2026-09-09 13:06
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2026-09-09 08:00
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Academy Sports + Outdoors Reports Second Quarter Fiscal 2026 Results | FMP Stock News | |
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Second Quarter Sales Growth of 3.0%; Comparable Sales of (0.4)%eCommerce Sales Increase of 12.8% New Stores Comp Positive Mid Single Digits Second Quarter Diluted GAAP EPS of $2.17; up 17.3%; Adjusted EPS of $2.31; up 19.1% (Net Tariff Refund Impact to EPS of $0.06, including reinvestments) Opened Three New Stores Across Pennsylvania and Tennessee Company Affirms Sales and Raises EPS Guidance KATY, Texas, Sept. 09, 2026 (GLOBE NEWSWIRE) -- Academy Sports and Outdoors, Inc. (Nasdaq: ASO) (“Academy” or the “Company” ) today announced its financial results for the second quarter ended August 1, 2026. “We delivered another quarter of profitable growth, with net sales increasing 3.0%. While consumer spending remains pressured, particularly among lower-income households, our team has continued to execute at a high level by focusing on the key events and categories that matter most to our customers," said Steve Lawrence, Chief Executive Officer. "We are reinvesting tariff-related benefits into value, expanding compelling new brands and categories, and accelerating initiatives across stores, omni-channel and loyalty. These actions are helping us gain market share, strengthen customer engagement and reinforce our confidence in achieving our fiscal 2026 sales and earnings objectives." Second Quarter Operating Results ($ in millions, except per share data)Thirteen Weeks EndedChangeAugust 1, 2026 August 2, 2025%Net sales$1,647.3 $1,599.8 3.0%Comparable sales(0.4) % 0.2% Income before income tax$178.4 $164.8 8.3%Net income$137.9 $125.4 10.0%Adjusted net income (1)$146.5 $131.3 11.6%Earnings per common share, diluted$2.17 $1.85 17.3%Adjusted earnings per common share, diluted (1)$2.31 $1.94 19.1% (1) Adjusted net income and adjusted earnings per common share (EPS), diluted are non-GAAP measures. See "Non-GAAP Measures" and "Reconciliations of GAAP to Non-GAAP Financial Measures" below for reconciliations of non-GAAP financial measures to their most directly comparable GAAP financial measures. Year-to-Date Operating Results($ in millions, except per share data)Twenty-Six Weeks Ended ChangeAugust 1, 2026August 2, 2025 %Net sales$3,089.3 $2,951.2 4.7%Comparable sales 1.1%(1.7) % Income before income tax$247.3 $227.9 8.5%Net Income$190.6 $171.5 11.1%Adjusted net income (1)$207.7 $182.9 13.6%Earnings per common share, diluted$2.94 $2.52 16.7%Adjusted earnings per common share, diluted (1)$3.20 $2.69 19.0% (1) Adjusted net income and Adjusted earnings per common share, diluted, are non-GAAP measures. See "Non-GAAP Measures" and "Reconciliations of GAAP to Non-GAAP Financial Measures" below for reconciliations of non-GAAP financial measures to their most directly comparable GAAP financial measures. Twenty-Six Weeks EndedChangeBalance Sheet ($ in millions)August 1, 2026August 2, 2025%Cash and cash equivalents$298.2$300.9(0.9)% Merchandise inventories, net (1)$1,657.4$1,587.64.4% Long-term debt, net$494.2$481.72.6% (1) As of August 1, 2026 inventory per store was down 5.6% in units and down 2.3% in dollars. Twenty-Six Weeks EndedChangeCapital Allocation ($ in millions)August 1, 2026August 2, 2025%Share repurchases (1)$182.1$99.982.3%Dividends paid$19.0$17.49.2% (1) Includes excise tax fees of $1.6 million for the twenty-six weeks ended August 1, 2026 and $0.9 million for the twenty-six weeks ended August 2, 2025. Subsequent to the end of the second quarter, Academy announced that its Board of Directors on September 2, 2026 declared a quarterly cash dividend with respect to the quarter ended August 1, 2026, of $0.15 per share of common stock. The dividend is payable on October 14, 2026, to stockholders of record as of the close of business on September 16, 2026. New Store Openings Academy opened three new stores during the second quarter, bringing its total to 327 locations. The Company plans to open eleven stores during the third quarter, with the remaining locations to be opened in the fourth quarter of fiscal 2026. Academy Store Footprint Update Time FrameTotal stores open at beginning of the periodNumber of stores opened during the periodNumber of stores closed during the periodTotal stores open at end of period2nd Quarter 20253033—306FY 202529824—3222nd Quarter 20263243—327 Time Frame Total gross square feet open at beginning of the period(1)Gross square feet for stores opened during the period(1)Gross square feet for stores closed during the periodTotal gross square feet at the end of the period(1)2nd Quarter 202520,879191 21,070FY 202520,6041,321—21,9252nd Quarter 202622,037154—22,191 (1) Figures in thousands 2026 Outlook “Our second quarter results demonstrate the strength of the business and the discipline of our operating model. We delivered double digit EPS growth, produced strong free cash flow and continued returning capital to shareholders through both share repurchases and dividends. Importantly, we accomplished this while investing in strategic growth initiatives designed to support sustainable long-term growth,” said Carl Ford, Executive Vice President and Chief Financial Officer. “As we enter the second half of the year, our balance sheet remains strong, our growth drivers are performing well and we are well positioned to deliver within our fiscal 2026 outlook." Academy is providing the following updated guidance for fiscal 2026 (i.e., year ending January 30, 2027), as compared to the guidance given on June 9, 2026. This guidance takes into account various factors, both internal and external, such as the expected benefits of the Company's growth initiatives, current consumer demand, the competitive environment, and potential impacts from inflation and other economic risks; actual results may differ materially. Fiscal 2026 Guidance June 9Updated Fiscal 2026 Guidance change (at midpoint)(in millions, except per share amounts)Low endHigh endLow endHigh end2025 Actuals vs. 2025Net sales$6,230 $6,355 $6,230 $6,355 $6,053 4.0% Sales Growth3.0%5.0%3.0%5.0%2.0% 100.0% Comparable sales (1)—%2.0%—%2.0%(1.5)% 166.7% Gross margin rate34.5%35.0%35.5%36.0%34.8% 3.0% GAAP net income$390 $415 $390 $415 $377 6.8% Adjusted net income (2)$420 $445 $420 $445 $393 10.1% GAAP earnings per common share, diluted$5.95 $6.35 $6.05 $6.45 $5.54 12.8% Adjusted earnings per common share, diluted (2)$6.40 $6.80 $6.50 $6.90 $5.78 15.9% Diluted weighted average common shares66 66 64.5 64.5 ~68 (5.2)% Capital Expenditures$200 $240 $200 $240 $213 3.3% Adjusted free cash flow (2), (3)$250 $300 $300 $350 $263 23.6% The earnings per share estimates do not include any potential future share repurchases and assume a tax rate of approximately 22.0%. (1) Comparable sales include stores open after thirteen full fiscal months, all e-commerce sales, and credit card revenue. (2) Adjusted net income, adjusted earnings per common share (EPS), diluted, and adjusted free cash flow are non-GAAP measures. See "Non-GAAP Measures" and "Reconciliations of GAAP to Non-GAAP Financial Measures" below for reconciliations of non-GAAP financial measures to their most directly comparable GAAP financial measures. (3) We have not reconciled guidance for adjusted free cash flow to the most comparable GAAP measure because it is not possible to do so without unreasonable efforts given the uncertainty and potential variability of reconciling items, which are dependent on future events and often outside of management's control and could be significant; therefore, we are unable to provide an estimate of the most closely comparable GAAP measure at this time. Conference Call Info Academy will host a conference call today at 10:00 a.m. Eastern Time to discuss its financial results and related matters. The call will be webcast at investors.academy.com. The following information is provided for those who would like to participate in the conference call: U.S. callers 1-877-407-3982International callers1-201-493-6780Passcode13762096 A replay of the conference call will be available for approximately 30 days on the Company's website. About Academy Sports + Outdoors Academy is a leading full-line sporting goods and outdoor recreation retailer in the United States. Originally founded in 1938 as a family business in Texas, Academy has grown to more than 300 stores across 21 states and counting. Academy's mission is to provide "Fun for All" and Academy fulfills this mission with a localized merchandising strategy and value proposition that strongly connects with a broad range of consumers. Academy's product assortment focuses on key categories of outdoor, apparel, sports & recreation and footwear through both leading national brands and a portfolio of private label brands. For more information, visit www.academy.com. Non-GAAP Measures Adjusted EBIT, Adjusted Net Income, Adjusted Earnings per Common Share, and Adjusted Free Cash Flow have been presented in this press release as supplemental measures of financial performance that are not required by, or presented in accordance with, generally accepted accounting principles (“GAAP”). The Company believes that the presentation of these non-GAAP measures is useful to investors as they provide additional information on comparisons between periods by excluding certain items that affect overall comparability. The Company uses these non-GAAP financial measures for business planning purposes, to consider underlying trends of its business, and in measuring its performance relative to others in the market, and believes presenting these measures also provides information to investors and others for understanding and evaluating trends in the Company’s operating results or measuring performance in the same manner as the Company’s management. Non-GAAP financial measures should be considered in addition to, and not as an alternative for, the Company’s reported results prepared in accordance with GAAP. The calculation of these non-GAAP financial measures may differ from similar measures reported by other companies and may not be comparable to other similarly titled measures. For additional information on these non-GAAP financial measures, please see our Annual Report for the fiscal year ended January 31, 2026 (the "Annual Report"), filed on March 17, 2026 and our Quarterly Report for the thirteen weeks ended August 1, 2026 to be filed on September 9, 2026 ("the Quarterly Report"), which may be updated from time to time in our periodic filings with the Securities and Exchange Commission (the "SEC"), which are accessible on the SEC's website at www.sec.gov. See “Reconciliations of GAAP to Non-GAAP Financial Measures” below for reconciliations of non-GAAP financial measures presented in this press release to their most directly comparable GAAP financial measures. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on Academy’s current expectations and are not guarantees of future performance. Forward-looking statements may incorporate words such as “believe,” “expect,", "anticipate," “forward,” “ahead,” “opportunities,” “plans,” “priorities,” “goals,” “future,” “short/long term,” “will,” “should,” or the negative version of these words or other comparable words. The forward-looking statements in this press release include, among other things, statements regarding the Company’s fiscal 2026 outlook under the caption "2026 Outlook," the Company's strategic plans and financial objectives, including the implementation of such plans, the growth of the Company's business and operations, including the opening of new stores and the expansion into new markets, the Company's payment of dividends, including the timing and the amount thereof, share repurchases by the Company, and the Company's expectations regarding its future performance and future financial condition are subject to various risks, uncertainties, assumptions, or changes in circumstances that are all difficult to predict or quantify. Actual results may differ materially from these expectations due to changes in global, regional, or local economic, business, competitive, market, regulatory, environmental, and other factors that could affect overall consumer spending or our industry, including the possible effects of ongoing macroeconomic challenges, inflation and higher interest rates, trade policy changes or additional tariffs, geopolitical tensions, or changes to the financial health of our customers, many of which are beyond Academy's control. These and other important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in Academy's filings with the SEC, including the Annual Report, under the caption "Part 1A. Risk Factors," as may be updated from time to time in our periodic filings with the SEC. Any forward-looking statement in this press release speaks only as of the date of this release. Academy undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws. Investor ContactMedia ContactDan AldridgeMeredith KleinVP, Investor RelationsVP, Communications832-739-4102346-823-6615dan.aldridge@[email protected] ACADEMY SPORTS AND OUTDOORS, INC.CONSOLIDATED STATEMENTS OF INCOME(Unaudited)(Amounts in thousands, except per share data) Thirteen Weeks Ended August 1, 2026 Percentage of Sales(1) August 2, 2025 Percentage of Sales (1)Net sales$1,647,285 100.0% $1,599,838 100.0%Cost of goods sold 981,383 59.6% 1,023,105 64.0%Gross margin 665,902 40.4% 576,733 36.0%Selling, general and administrative expenses 419,539 25.5% 404,352 25.3%Operating income 246,363 15.0% 172,381 10.8%Interest expense, net 8,056 0.5% 9,028 0.6%Loss on early retirement of debt 1,902 0.1% — —%Other expense (income), net 58,006 3.5% (1,480) (0.1)%Income before income taxes 178,399 10.8% 164,833 10.3%Income tax expense 40,502 2.5% 39,399 2.5%Net income$137,897 8.4% $125,434 7.8% Earnings Per Common Share: Basic$2.21 $1.89 Diluted$2.17 $1.85 Weighted Average Common Shares Outstanding: Basic 62,292 66,539 Diluted 63,551 67,689 (1) Column may not add due to rounding ACADEMY SPORTS AND OUTDOORS, INC. CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (Amounts in thousands, except per share data) Twenty-Six Weeks Ended August 1, 2026 Percentage of Sales(1) August 2, 2025 Percentage of Sales (1)Net sales$3,089,288 100.0% $2,951,247 100.0%Cost of goods sold 1,944,038 62.9% 1,915,645 64.9%Gross margin 1,145,250 37.1% 1,035,602 35.1%Selling, general and administrative expenses 824,232 26.7% 793,956 26.9%Operating income 321,018 10.4% 241,646 8.2%Interest expense, net 17,043 0.6% 18,072 0.6%Loss on early retirement of debt 1,902 0.1% — —%Other expense (income), net 54,785 1.8% (4,287) (0.1)%Income before income taxes 247,288 8.0% 227,861 7.7%Income tax expense 56,688 1.8% 56,343 1.9%Net income$190,600 6.2% $171,518 5.8% Earnings Per Common Share: Basic$3.01 $2.57 Diluted$2.94 $2.52 Weighted Average Common Shares Outstanding: Basic 63,362 66,831 Diluted 64,892 68,043 (1) Column may not add due to rounding ACADEMY SPORTS AND OUTDOORS, INC. CONSOLIDATED BALANCE SHEETS (Unaudited) (Amounts in thousands, except per share data) August 1, 2026 January 31, 2026 August 2, 2025ASSETS CURRENT ASSETS: Cash and cash equivalents$298,213 $330,320 $300,860Accounts receivable - less allowance for doubtful accounts of $1,592, $1,792 and $1,874, respectively 22,955 34,755 19,181Merchandise inventories, net 1,657,442 1,503,756 1,587,624Prepaid expenses and other current assets 89,897 82,457 78,257Assets held for sale 2,957 2,957 —Total current assets 2,071,464 1,954,245 1,985,922 PROPERTY AND EQUIPMENT, NET 631,834 584,103 584,045RIGHT-OF-USE ASSETS 1,292,724 1,234,246 1,206,207TRADE NAME 579,972 579,766 579,330GOODWILL 861,920 861,920 861,920OTHER NONCURRENT ASSETS 70,234 62,756 58,559Total assets$5,508,148 $5,277,036 $5,275,983 LIABILITIES AND STOCKHOLDERS' EQUITY CURRENT LIABILITIES: Accounts payable$751,560 $637,854 $803,309Accrued expenses and other current liabilities 302,513 243,908 266,021Current lease liabilities 134,390 147,491 139,678Current maturities of long-term debt — 3,000 3,000Total current liabilities 1,188,463 1,032,253 1,212,008 LONG-TERM DEBT, NET 494,158 480,793 481,738LONG-TERM LEASE LIABILITIES 1,340,337 1,261,167 1,217,217DEFERRED TAX LIABILITIES, NET 285,589 300,654 270,502OTHER LONG-TERM LIABILITIES 21,168 30,792 19,368Total liabilities 3,329,715 3,105,659 3,200,833 COMMITMENTS AND CONTINGENCIES STOCKHOLDERS' EQUITY : Preferred stock, $0.01 par value, authorized 50,000,000 shares; none issued and outstanding — — —Common stock, $0.01 par value, authorized 300,000,000 shares; 62,028,664; 64,945,953 and 66,625,266 issued and outstanding as of August 1, 2026, January 31, 2026 and August 2, 2025, respectively. 620 649 666Additional paid-in capital 258,973 256,351 255,517Retained earnings 1,918,840 1,914,377 1,818,967Stockholders' equity 2,178,433 2,171,377 2,075,150Total liabilities and stockholders' equity$5,508,148 $5,277,036 $5,275,983 ACADEMY SPORTS AND OUTDOORS, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (Amounts in thousands) Twenty-Six Weeks Ended August 1, 2026 August 2, 2025CASH FLOWS FROM OPERATING ACTIVITIES: Net income$190,600 $171,518 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 61,205 61,171 Non-cash lease expense 7,591 22,487 Equity compensation 20,419 15,144 Amortization of deferred loan and other costs 1,305 1,292 Deferred income taxes (15,065) 13,686 Loss on early retirement of debt 1,902 — Loss on tariff refund monetization 61,759 — Changes in assets and liabilities: Accounts receivable, net 11,799 (2,421)Merchandise inventories, net (153,686) (278,784)Prepaid expenses and other current assets (18,995) 15,311 Other noncurrent assets (5,205) (7,617)Accounts payable 116,027 178,381 Accrued expenses and other current liabilities 21,534 29,395 Income taxes payable 46,991 7,526 Other long-term liabilities 841 8,958 Net cash provided by operating activities 349,022 236,047 CASH FLOWS FROM INVESTING ACTIVITIES: Capital expenditures (111,258) (107,576)Purchases of intangible assets (206) (323)Net cash used in investing activities (111,464) (107,899) CASH FLOWS FROM FINANCING ACTIVITIES: Repayment of Term Loan (85,750) (1,500)Proceeds from Senior Notes 500,000 — Repayment of Senior Notes (400,000) — Debt refinancing fees (9,364) — Proceeds from exercise of stock options 805 2,646 Proceeds from issuance of common stock under employee stock purchase 2,828 2,781 Taxes paid related to net share settlement of equity awards (6,499) (3,748)Repurchase of common stock for retirement (180,505) (99,031)Dividends paid (18,956) (17,365)Remittance of tariff refund claims (72,224) — Net cash used in financing activities (269,665) (116,217) NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (32,107) 11,931 CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 330,320 288,929 CASH AND CASH EQUIVALENTS AT END OF PERIOD$298,213 $300,860 ACADEMY SPORTS AND OUTDOORS, INC. RECONCILIATIONS OF GAAP TO NON-GAAP FINANCIAL MEASURES (Unaudited) (Amounts in thousands) Adjusted EBIT We define “Adjusted EBIT” as net income (loss) before interest expense, net, income tax expense and other adjustments included in the table below. We describe these adjustments reconciling net income (loss) to Adjusted EBIT in the following table (amounts in thousands): Thirteen Weeks Ended Twenty-Six Weeks Ended August 1, 2026 August 2, 2025 August 1, 2026 August 2, 2025 Net income $137,897 $125,434 $190,600 $171,518 Interest expense, net 8,056 9,028 17,043 18,072 Income tax expense 40,502 39,399 56,688 56,343 Equity compensation (a) 9,319 7,602 20,419 15,144 Loss on early retirement of debt 1,902 — 1,902 — Adjusted EBIT $197,676 $181,463 $286,652 $261,077 (a)Represents non-cash charges related to equity based compensation, which vary from period to period depending on certain factors such as the timing and valuation of awards, achievement of performance targets and equity award forfeitures. Adjusted Net Income and Adjusted Earnings Per Common Share We define “Adjusted Net Income” as net income (loss) plus other adjustments included in the table below, less the tax effect of these adjustments. We define “Adjusted Earnings per Common Share, Basic” as Adjusted Net Income divided by the basic weighted average common shares outstanding during the period and “Adjusted Earnings per Common Share, Diluted” as Adjusted Net Income divided by the diluted weighted average common shares outstanding during the period. We describe these adjustments reconciling net income (loss) to Adjusted Net Income, and Adjusted Earnings Per Common Share in the following table (amounts in thousands, except per share data): Thirteen Weeks Ended Twenty-Six Weeks Ended August 1, 2026 August 2, 2025 August 1, 2026 August 2, 2025 Net income$137,897 $125,434 $190,600 $171,518 Equity compensation (a) 9,319 7,602 20,419 15,144 Loss on early retirement of debt 1,902 — 1,902 — Tax effects of these adjustments (b) (2,612) (1,717) (5,196) (3,745) Adjusted Net Income$146,506 $131,319 $207,725 $182,917 Earnings per common share: Basic$2.21 $1.89 $3.01 $2.57 Diluted$2.17 $1.85 $2.94 $2.52 Adjusted earnings per common share: Basic$2.35 $1.97 $3.28 $2.74 Diluted$2.31 $1.94 $3.20 $2.69 Weighted average common shares outstanding: Basic 62,292 66,539 63,362 66,831 Diluted 63,551 67,689 64,892 68,043 (a)Represents non-cash charges related to equity based compensation, which vary from period to period depending on certain factors such as the timing and valuation of awards, achievement of performance targets and equity award forfeitures. (b)Represents the estimated tax effect of the total adjustments made to arrive at Adjusted Net Income. Adjusted Net Income and Adjusted Earnings Per Common Share, Diluted, Guidance Reconciliation (amounts in millions, except per share data) Low Range* High Range* Fiscal Year Ending January 31, 2027 Fiscal Year Ending January 31, 2027 Net Income$390 $415 Equity compensation (a) 30 30 Adjusted Net Income$420 $445 Earnings Per Common Share, Diluted$6.05 $6.45 Equity compensation (a) 0.45 0.45 Adjusted Earnings Per Common Share, Diluted$6.50 $6.90 *Amounts presented have been rounded. (a)Adjustments include non-cash charges related to equity-based compensation (as defined above), which may vary from period to period. These amounts are also tax affected. Adjusted Free Cash Flow We define “Adjusted Free Cash Flow” as net cash provided by (used in) operating activities less net cash used in investing activities. We describe these adjustments reconciling net cash provided by operating activities to adjusted free cash flow in the following table (amounts in thousands): Thirteen Weeks Ended Twenty-Six Weeks Ended August 1, 2026 August 2, 2025 August 1, 2026 August 2, 2025 Net cash provided by operating activities (a)$188,416 $78,575 $349,022 $236,047 Net cash used in investing activities (72,467) (56,911) (111,464) (107,899) Adjusted Free Cash Flow$115,949 $21,664 $237,558 $128,148 (a)Net cash provided by operating activities includes the impact of tariff refunds in the 2026 second quarter. |
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Hubbell to Participate in Upcoming Investor Conference | FMP Stock News | |
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| Source: Hubbell Inc.Shelton, CT, Sept. 09, 2026 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced that Gerben Bakker, Chairman and Chief Executive Officer, will appear at the Morgan Stanley 2026 Laguna Conference. The event will be webcast and is scheduled to begin at 10:45AM PT on Thursday, September 17, 2026. The live audio of the event will be available and can be accessed by visiting Hubbell's Investor Relations section. You can also access this information by going to www.hubbell.com and selecting "Investors" from the options at the bottom of the page and then "Events/Presentations" from the drop-down menu. The audio will be archived 24 hours after the event and can be accessed by going to www.hubbell.com and selecting "Investors" from the options at the bottom of the page and then "Events/Presentations" from the drop-down menu, then selecting "Past Events". About the Company Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling customers to operate critical infrastructure safely, reliably and efficiently. With 2025 revenues of $5.8 billion, Hubbell solutions electrify economies and energize communities. The corporate headquarters is located in Shelton, CT. Contact: Dan Innamorato Hubbell Incorporated 40 Waterview Drive P.O. Box 1000 Shelton, CT 06484 (475) 882-4000 |
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Traders Talk: Ropa nad 100 dolary, ČEZ útočí na rekord a kde hledat příležitosti | Patria Stock News | |
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Ropa se vrátila nad magickou hranici 100 dolarů za barel, výnosy amerických dluhopisů rostou a do toho přichází nové IPO a konkurence o kapitál sílí. Makléř Patria Finance Martin Uher v novém díle Trader's Talk popisuje, kde podle něj mohou investoři čekat první varovné signály, a přidává konkrétní tipy z USA a Evropy.frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture"> Patria Podcasts · Ropa nad 100 dolary, ČEZ útočí na rekord a kde hledat příležitosti" target="_blank" style="color: #cccccc; text-decoration: none;">Traders Talk: Ropa nad 100 dolary, ČEZ útočí na rekord a kde hledat příležitosti Další videorozhovory Patria.cz naleznete na Youtube kanálu Patria.cz. Obsah: 00:23 Ropa nad 100 dolary 03:48 Neustále rostoucí výnosy dluhopisů 08:31 Investiční tipy v USA a Evropě 10:33 ČEZ se blíží rekordu, CSG padá Ropa nad 100 dolary je hlavně geopolitický signál Růst ceny ropy nad 100 dolarů za barel je podle makléře Martina Uhera především důsledkem geopolitiky. Samotná hranice 100 dolarů má podle něj spíš psychologický a mediální význam než zásadní tržní relevanci. „Je to zajímavé hlavně mediálně. Pro ten trh je to číslo jako každé jiné,“ říká Uher. Pro investory je proto podle něj důležitější sledovat spíše trend než samotné překročení kulaté hranice. Současně Spojené státy podle něj změnily strategii a ve válce s Íránem se zaměřují mimo jiné na ropné tankery, sklady a terminály. Takový postup snižuje množství ropy dostupné pro trh, a zároveň představuje způsob, jak omezit riziko zásahu jiných cílů. Dluhopisy zatím nevarují, aukce ale budou důležité Druhým velkým tématem jsou rostoucí výnosy dluhopisů. U desetiletých amerických státních dluhopisů zatím Uher nevidí důvod k panice. Úrovně, ke kterým se výnosy nyní dostávají, trhy podle něj zažily už v minulých letech. U třicetiletých dluhopisů je situace o něco napjatější, stále však nejde o signál bezprostředního problému. Mnohem důležitější bude podle něj sledovat samotné aukce státních dluhopisů. Pokud by se začaly objevovat výrazné rozdíly mezi cenami na trhu a výsledky aukcí nebo by byl problém nové emise vůbec upsat, mohlo by jít o první skutečné varování. „Potom si myslím, že bychom nějaké první náznaky, ať už menší nebo větší paniky, mohli sledovat,“ říká Uher. K tlaku na dluhopisový trh se navíc přidávají nové emise korporátních dluhopisů a chystající se obří IPO. Fed může sazby zvýšit už brzy Vývoj dluhopisových výnosů souvisí také s očekáváním kolem americké centrální banky. Trh podle Uhera aktuálně přisuzuje nejbližšímu zasedání více než padesátiprocentní pravděpodobnost zvýšení sazeb, konkrétně kolem 60 procent. „Myslím, že jisté je, že buď teď, nebo na tom příštím zasedání zvýšení sazeb uvidíme,“ říká. Nejistotu podle něj zvyšuje také nový předseda Fedu, který není příliš sdílný. Broadcom po skvělém výhledu propadl Na americkém trhu Uher zůstává pozitivní především na Broadcom. Společnost podle něj představila mimořádně silný výhled, přesto akcie bezprostředně po výsledcích výrazně klesly. „Broadcom překvapil naprosto brutálním výhledem. A nás zase potom překvapila tržní reakce, která byla negativní,“ říká Uher. Uher připouští, že největší příležitost už možná pominula, ale Broadcom podle něj zůstává atraktivní kombinací sázky na umělou inteligenci a rozumné valuace. „Akcie se mi líbí. Je to sázka na umělou inteligenci, valuačně mi Broadcom smysl dává,“ říká. V Evropě láká Aixtron Další zajímavou příležitost vidí Uher v Evropě. Německý AIXTRON už delší dobu patří na seznam Investičních tipů Patrie, ale po poklesu z rekordních úrovní podle něj znovu nabízí zajímavější vstup. Firma se zaměřuje na technologii nanášení velmi jemných a precizních vrstev při výrobě polovodičů. ČEZ útočí na maxima, CSG naopak vyklesal na hladinu podpory Na domácím trhu Uhera překvapil ČEZ, který se přiblížil historickým maximům z roku 2007. Podle něj je zajímavé především to, že o titul mají stále zájem spekulanti i investoři. Opačný příběh nabízí CSG. Akcie nedokázaly udržet úrovně kolem 20 eur a vrátily se do pásma 16–17 eur. Uher ale současný pokles nevnímá jako důvod k panice. Technicky se titul podle něj nachází na supportu a při dlouhodobém pohledu může jít o zajímavou příležitost. „Pokud chci CSG hrát dlouhodobě, tak si mohu opět přikoupit,“ říká. Zároveň však doporučuje výraznou opatrnost u krátkodobých spekulací. Klíčem bude podle něj především obnovení důvěry investorů a další výsledky společnosti. „U CSG za mě je to rozhodně běh na dlouhou trať a krátkodobě nebo spekulativně bych se do toho stále nepouštěl,“ uzavírá Uher. |
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Americké futures kontrakty se obchodují v záporu | FIO Stock News | |
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Americké futures kontrakty se obchodují v záporu |
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BEEP CLOSES SERIES B TO ACCELERATE COMMERCIAL DEPLOYMENT OF AUTONOMOUS MOBILITY NETWORKS | FMP Stock News | |
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ROUND LED BY AUTONOMOUS VEHICLE TECHNOLOGY LEADER MOBILEYE, /PRNewswire/ -- Beep, Inc., a leading U.S. provider of autonomous mobility solutions, today announced the close of a Series B funding round, bringing its total capital raised to approximately $130 million. The round was led by Mobileye, a global leader in autonomous vehicle technology and advanced driver-assistance systems, with participation from existing investors. The new capital will help Beep scale and expand its mobility-as-a-service offerings, deepen its work with technology and public-sector partners, and continue deployment of its AI-driven AutonomOS platform, which builds upon Beep's years of expertise as an AV operator to reduce the complexity required for the management and orchestration of Physical AI networks in transportation. "Mobileye and Beep have been working closely on AV deployment projects, and our excitement for the future of improving transportation through applied physical AI on the road has never been greater," said Kobi Ohayon, Chief Operations Officer at Mobileye. "Beep plays an essential role in the emerging AV ecosystem across the United States, and its deployment platform will become increasingly important as more AV services come to market across vehicle types and business models." Mobileye's investment reflects a shared strategic vision for bringing a range of autonomous mobility models, from fixed-route services to on-demand microtransit, to commercial scale in the United States in response to clear customer demand. "This strategic investment round, led by Mobileye and supported by our longstanding investor partners, positions Beep to deliver fully on its vision," said Kevin Reid, CEO and Chairman of Beep. "The investment enables us to strengthen and expand our shared autonomous mobility solutions, helping communities move people in ways that are safer, smarter, and more connected." For Beep, the round marks both a financial milestone and a validation of the company's position as the essential transit partner for modern mobility, delivering real-world autonomous service operations enabled by leading-edge technology. About Beep, Inc. Beep, Inc. delivers the next generation of autonomous mobility networks through its mobility-as-a-service offerings and AutonomOS mobility operating system. Specializing in planning, deploying, and managing autonomous transportation networks, Beep connects people, places, goods, and services with solutions designed to improve safety, reduce congestion, and expand access to mobility. Leveraging artificial intelligence and real-world operational experience, Beep's U.S.-domiciled, human-in-the-loop platform enables scalable and reliable autonomous transit deployments across public and private communities. Media Contact: Alex Poirot, [email protected] About Mobileye Mobileye (Nasdaq: MBLY) leads the mobility revolution with autonomous driving and driver-assistance technologies, harnessing world-renowned expertise in artificial intelligence, computer vision and integrated software and hardware. Since its founding in 1999, Mobileye has enabled the global adoption of advanced driver-assistance systems that save countless lives and reduce crashes, while pioneering technologies such as REM™ crowdsourced road intelligence, Imaging Radar and Compound AI. In 2026, Mobileye acquired Mentee Robotics to pursue the future of physical AI and humanoid robots. More than 250 million vehicles worldwide have been built with Mobileye's EyeQ technology inside. Since 2022, Mobileye has been listed independently from Intel (Nasdaq: INTC), which retains majority ownership. For more information, visit www.mobileye.com. Media Contact: Alexis Blais, [email protected] SOURCE Beep, Inc. |
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Tencent-backed Enflame to debut in Shanghai on Friday in $912 million IPO | FMP Stock News | |
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Tencent-backed AI chipmaker Shanghai Enflame Technology (688801.SS) will make its Shanghai stock market debut on September 11, an exchange filing showed on Wednesday.Enflame, one of China's leading AI chip startups known locally as the "four little GPU dragons", raised 6.12 billion yuan ($912 million) by selling 43 million new shares at 142.18 yuan each in the initial public offering, the filing showed. The offer price values Enflame at about 61.19 billion yuan ($9.12 billion), according to the filing. Only 4.16% of Enflame's post-offering shares, or 17.9 million shares, will be available for trading when it lists on Shanghai's tech-focused STAR Market. Enflame, which develops and sells chips and related products used in AI computing, forecast a January to September net loss of 700 million yuan to 860 million yuan, narrowing from 887.8 million yuan a year earlier. It forecast revenue of 2.3 billion yuan to 3 billion yuan, up 326% to 455%, the filing showed. Enflame said it expects to break even or turn a profit in 2026 or 2027, depending on revenue and profit margins. Tencent will hold a 17.95% stake after the IPO, making it Enflame's biggest shareholder, the filing showed. Tencent was also Enflame's largest end customer in 2025, accounting for 83.79% of its revenue, the filing showed. ($1 = 6.7077 Chinese yuan renminbi) |
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Editas Medicine Eyes First Human Trial for CRISPR Cholesterol Therapy EDIT-401 | FMP Stock News | |
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2 gene-editing stocks reshaping hereditary disease treatments Editas Medicine NASDAQ: EDIT is preparing to begin a first-in-human study of EDIT-401, an in vivo CRISPR-edited medicine designed to lower LDL cholesterol in patients with heterozygous familial hypercholesterolemia, Chief Executive Officer Gilmore O’Neill said during a Wells Fargo discussion.O’Neill said the company is focused entirely on in vivo CRISPR-edited medicines and is prioritizing programs that could produce differentiated efficacy, use capabilities unique to gene editing and offer measurable biomarkers for early clinical proof of concept. The company is also emphasizing manufacturing costs and accessibility, he said, noting that Editas no longer develops cell-based therapies. Get Editas Medicine alerts: EDIT-401 Targets LDL Receptor Expression Are Gene Therapy Stocks The Market's Next Big Winners?EDIT-401 is intended to increase production of the LDL receptor in liver cells, allowing the receptor to remove more LDL cholesterol from the bloodstream. The treatment is designed as a single intravenous infusion. According to O’Neill, EDIT-401 reduced LDL cholesterol, lipoprotein(a), or Lp(a), and apolipoprotein B by a mean of 90% in non-human primates. The company said it has observed at least a sixfold increase in LDL receptor expression in the livers of non-human primates. The program was informed by naturally occurring gain-of-function variants observed in Icelandic and French families. Those variants involve deletions in the three-prime untranslated region of the LDLR gene, which can stabilize messenger RNA and support increased LDL receptor protein production. Editas selected guide RNAs intended to create a comparable, but not identical, deletion. O’Neill said the company’s preclinical findings suggest that editing roughly 15% of alleles could produce substantial cholesterol lowering in non-human primates. Company modeling indicates that most of the editing at that level is monoallelic rather than biallelic, meaning the company may not need to edit the entire hepatocyte population to achieve the desired effect. Clinical Study Planned in Australia Editas has submitted documents to human research ethics committees in Australia and is in discussions with those committees, O’Neill said. The company remains on track to dose the first patients this year. The Phase 1 trial is expected to enroll patients with heterozygous familial hypercholesterolemia who remain above LDL cholesterol targets despite intensive standard-of-care treatment. The study will have two parts: Part 1 will use serial dose-escalation cohorts under a 3+3 design, with at least three participants per cohort and the option to enroll three additional patients if warranted. The company anticipates at least four cohorts in Part 1. Part 2 will expand the selected dose into a broader patient population. O’Neill said Editas expects to share safety data in the first quarter of 2027 and aims to report top-line data from Part 1 later in 2027. The company expects to enter the U.S. in 2027, following what O’Neill described as constructive pre-IND interactions with the Food and Drug Administration. He said the main limiting factor for U.S. entry is preparing manufacturing documentation. The company expects a roughly three-to-one dose translation from non-human primates to humans, based on available experience across in vivo editing programs. O’Neill said a 1.5 mg/kg non-human primate dose could translate to an approximate 0.5 mg/kg to 0.6 mg/kg human dose, though clinical results will determine the ultimately effective dose. Safety and Lp(a) Considerations Editas is working with Genevant on a lipid nanoparticle, or LNP, delivery system for EDIT-401. O’Neill said the LNP is unique to the program, though most of its components have previously been used in humans. In preclinical toxicology studies, the company observed minimal liver-enzyme increases at therapeutically relevant doses, with transaminase changes comparable with saline control animals. At higher doses, liver-enzyme increases resolved within days and returned to normal range within a week or less, he said. O’Neill said recent results from Novartis’ HORIZON study do not alter Editas’ strategy. He characterized the Lp(a) reduction associated with EDIT-401 as an additional potential benefit, while emphasizing that the company’s primary objective is substantial LDL cholesterol lowering. He also said genetic and clinical evidence supports lowering LDL cholesterol to very low levels in high-risk patients. Cash Runway and Pipeline Chief Financial Officer Amy Parison said Editas ended the third quarter with $212 million in cash and expects its cash runway to extend into the second half of 2028. She said the company plans to direct capital toward advancing EDIT-401 through both parts of its Phase 1 study and establishing proof of concept in humans. Beyond EDIT-401, O’Neill said Editas has an in vivo hematopoietic stem cell program in discovery and other early-stage gain-of-function editing programs. The company chose to prioritize EDIT-401 last summer, he said, while continuing to optimize its earlier programs. O’Neill added that future liver-targeted programs could potentially leverage the LNP, messenger RNA and manufacturing work developed for EDIT-401. About Editas Medicine (NASDAQ:EDIT)Editas Medicine is a clinical-stage biotechnology company focused on translating the power of gene editing into a new class of transformative genomic medicines. Founded in 2013 and headquartered in Cambridge, Massachusetts, the company leverages proprietary CRISPR/Cas9 and CRISPR/Cas12a (Cpf1) platforms to develop therapies aimed at correcting disease-causing genetic mutations. Editas Medicine's research and development efforts span multiple therapeutic areas, including inherited retinal diseases, hemoglobinopathies, and oncology. The company's pipeline includes EDIT-101, a lead candidate designed to treat Leber congenital amaurosis type 10 (LCA10), which has entered early-stage clinical trials, and EDIT-301, targeting sickle cell disease and β-thalassemia using an ex vivo editing approach. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Should You Invest $1,000 in Editas Medicine Right Now?Before you consider Editas Medicine, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Editas Medicine wasn't on the list. While Editas Medicine currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here The space race is growing fast, and you don’t have to have gotten in early on SpaceX to profit. This report shows seven space stocks you can buy today that may grow as rockets, satellites, defense, space internet, and new space technology become more important. Get This Free Report Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. |
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Bank of New York Mellon Corp Invests $2.05 Million in Oxford Industries, Inc. $OXM | FMP Stock News | |
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Bank of New York Mellon Corp bought a new position in Oxford Industries, Inc. (NYSE:OXM – Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 58,725 shares of the textile maker’s stock, valued at approximately $2,048,000. Bank of New York Mellon Corp owned approximately 0.39% of Oxford Industries at the end of the most recent reporting period.Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Heartland Advisors Inc. grew its holdings in shares of Oxford Industries by 40.7% in the 1st quarter. Heartland Advisors Inc. now owns 211,093 shares of the textile maker’s stock worth $8,129,000 after acquiring an additional 61,093 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Oxford Industries by 21.8% during the first quarter. Bank of America Corp DE now owns 407,094 shares of the textile maker’s stock valued at $15,677,000 after purchasing an additional 72,999 shares during the last quarter. Punch & Associates Investment Management Inc. acquired a new position in shares of Oxford Industries in the first quarter worth about $4,754,000. Deprince Race & Zollo Inc. purchased a new stake in Oxford Industries in the 1st quarter worth about $4,658,000. Finally, Versor Investments LP purchased a new position in shares of Oxford Industries during the 4th quarter valued at $492,000. 91.16% of the stock is owned by institutional investors and hedge funds. Oxford Industries Stock Up 2.5% Oxford Industries stock opened at $31.63 on Wednesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.17 and a quick ratio of 0.56. Oxford Industries, Inc. has a fifty-two week low of $28.20 and a fifty-two week high of $51.61. The firm has a fifty day moving average price of $37.17 and a two-hundred day moving average price of $39.06. The firm has a market cap of $472.19 million, a price-to-earnings ratio of -62.01 and a beta of 1.06. Oxford Industries (NYSE:OXM – Get Free Report) last posted its quarterly earnings data on Thursday, September 3rd. The textile maker reported $1.34 EPS for the quarter, topping analysts’ consensus estimates of $1.31 by $0.03. Oxford Industries had a positive return on equity of 4.88% and a negative net margin of 0.46%.The business had revenue of $394.38 million for the quarter, compared to analyst estimates of $394.55 million. During the same period in the previous year, the company posted $1.26 earnings per share. The firm’s revenue for the quarter was down 2.2% on a year-over-year basis. Oxford Industries has set its Q3 2026 guidance at -1.400–1.200 EPS and its FY 2026 guidance at 1.600-2.000 EPS. As a group, analysts forecast that Oxford Industries, Inc. will post 1.8 earnings per share for the current year. Oxford Industries Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Friday, October 16th will be given a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 8.9%. The ex-dividend date of this dividend is Friday, October 16th. Oxford Industries’s dividend payout ratio is currently -549.02%. Analysts Set New Price Targets Several analysts have commented on OXM shares. Weiss Ratings reissued a “sell (d+)” rating on shares of Oxford Industries in a research report on Wednesday, July 8th. Wall Street Zen raised shares of Oxford Industries from a “sell” rating to a “hold” rating in a research report on Saturday, May 30th. Zacks Research upgraded Oxford Industries from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 26th. BTIG Research reaffirmed a “neutral” rating on shares of Oxford Industries in a research report on Friday. Finally, Truist Financial lowered their price objective on Oxford Industries from $40.00 to $33.00 and set a “hold” rating on the stock in a report on Friday. Seven equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Oxford Industries currently has a consensus rating of “Reduce” and an average price target of $35.25. Get Our Latest Report on Oxford Industries Insider Activity In related news, CEO Thomas Chubb, III bought 2,500 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The shares were acquired at an average price of $36.90 per share, with a total value of $92,250.00. Following the completion of the transaction, the chief executive officer owned 30,200 shares of the company’s stock, valued at $1,114,380. The trade was a 9.03% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 6.50% of the company’s stock. (Free Report) Oxford Industries, Inc, incorporated in 1942 and headquartered in Atlanta, Georgia, is a leading designer, marketer and distributor of high-quality men’s and women’s lifestyle apparel and accessories. The company’s product portfolio features a mix of owned brands and licensed partnerships that span casual, resort and performance categories. Key owned brands include Tommy Bahama, renowned for its island-inspired menswear and women’s sportswear, and Southern Tide, which offers coastal-focused clothing and footwear. Further Reading Five stocks we like better than Oxford Industries Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For Want to see what other hedge funds are holding OXM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oxford Industries, Inc. (NYSE:OXM – Free Report). Receive News & Ratings for Oxford Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxford Industries and related companies with MarketBeat.com's FREE daily email newsletter. |
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Lululemon's Problems May Not Be a Warning for Every Athleticwear Stock | FMP Stock News | |
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Looking at opinions across Wall Street of lululemon athletica inc. NASDAQ: LULU, it seems clear that the stock is in trouble. Not only do shares have just a single Buy rating compared to 27 total Hold or Sell ratings, but recent weeks have brought an onslaught of lowered price targets and reiterated negative views of the stock. Investors subscribing to these same beliefs might see headwinds like slowing growth in Asia, a major leadership change with a new CEO in September, and poor visibility in the company's attempts at making a turnaround.Expanding the view to encompass a broader cross-section of the premium athletic and apparel brands space, though, it may become clearer that companies working in the same consumer environment can nonetheless yield totally different results. Investors looking for industry-wide issues might be inclined to view lululemon's company-specific problems as indicative of other concerns, whether or not they actually exist. Get lululemon athletica alerts: Lululemon’s Turnaround Has Real Problemslululemon athletica Today LULU lululemon athletica $103.19 +2.58 (+2.56%) As of 09/8/2026 04:00 PM Eastern $97.99▼ $225.988.45 $116.46 Despite efforts to overcome a number of significant challenges, lululemon has so far struggled to do so. Q2 2026 revenue fell on a year-over-year (YOY) basis, and worse still was the fact that comparable sales were down 10% over the same period. The company's business in China, long seen as a bright spot and potential source of momentum, seemed to falter; China mainland sales climbed by only 4% YOY, which actually reflects a decline of 2% in constant currency. Add to the mix lowered guidance, inconsistent demand, a 20% YOY decline in leggings sales and a drop in accessories sales that was only slightly better, and some costly PR missteps amid a major leadership transition, and the company's pessimistic analyst rating appears fairly well-deserved. With a new CEO arriving in September, lululemon faces execution risk with an incoming leader forced to deal with a significantly challenging environment as the company attempts a brand repair. On Holding Seems to Be in a Similar Boat, But May Present More Reasons for OptimismON Today $27.25 -0.74 (-2.65%) As of 09/8/2026 03:59 PM Eastern This is a fair market value price provided by Massive. Learn more. $27.10▼ $51.0818.54 $46.78 Looking to lululemon's rivals, high-end athletic footwear brand On Holding AG NYSE: ONON would seem to be in a similar situation. Aug. 11, 2026 was the worst trading day in the company's history since going public five years ago, with shares falling by more than 20% in a single trading session. The plummeting share price coincided with On's recent earnings report, which did see both top- and bottom-line misses relative to analyst predictions of performance. Still, despite these headline disappointments, there are some strong underlying business metrics that may support future growth in a way that distinguishes the company from lululemon. For one thing, On's direct-to-consumer (DTC) business is thriving. This metric grew by more than 34% at constant currency, reaching nearly 46% of total sales. While lululemon's Asian business is struggling, On's is growing: the Asia-Pacific region contributed more than 20% of worldwide sales for the quarter. On's gross margin and adjusted EBITDA margin are both expanding, and newer growth areas like apparel are also seeing momentum. This is despite the fact that On's wholesale growth appeared sluggish. The company deliberately limited sell-in for the American market due to certain key considerations about the environment itself and as a way to maintain inventory discipline and build the brand's premium positioning. Looking beyond the banner performance figures to these details, it may be clearer why insiders are apparently favoring ONON shares again, and why the company's analyst ratings diverge so dramatically from LULU's bearish views. Amer Sports May Be in a Different Category AltogetherAmer Sports Today AS Amer Sports $28.66 -0.88 (-2.96%) As of 09/8/2026 03:59 PM Eastern This is a fair market value price provided by Massive. Learn more. $28.09▼ $42.7630.16 $48.34 If LULU is in a precarious position and ONON has some positive attributes hiding beneath the surface, Amer Sports NYSE: AS may have the strongest argument for its fundamentals of the three firms. With adjusted earnings of 22 cents per share in Q2 2026 and $1.6 billion in revenue—up by an impressive 32% YOY, Amer is impressive across its business: all segments and regions delivered excellent growth. DTC sales growth of 40% YOY was even stronger than On's in this area. Amer's key brands, including Arc'teryx and Wilson Tennis 360, continue to see strong momentum despite inflationary pressures. What's more, management boosted full-year guidance and now anticipates 24% YOY improvement in revenue. New store locations around the world and particularly in China suggest that lululemon's regional struggles may be unique to that company in particular. To be sure, Amer still faces some challenges, including tariff concerns, the high cost of freight, and the potential for geopolitical tensions to continue to rise. Still, the company's cheery analyst ratings present it as an under-appreciated alternative to a large firm in the industry that has been struggling. Should You Invest $1,000 in lululemon athletica Right Now?Before you consider lululemon athletica, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and lululemon athletica wasn't on the list. While lululemon athletica currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here The AI boom extends far beyond the biggest tech names. Discover 10 companies supplying the memory, storage, networking, semiconductor manufacturing, and power infrastructure that make AI possible. Learn where the next wave of AI investment opportunities may emerge—and the key risks investors should watch as the global AI buildout accelerates. Get This Free Report Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. |
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2026-09-09 12:59
11h ago
Published
2026-09-09 06:50
18h ago
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Signet Jewelers Reports Second Quarter Fiscal 2027 Results | FMP Stock News | |
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HAMILTON, Bermuda--(BUSINESS WIRE)--Signet Jewelers Limited ("Signet" or the "Company") (NYSE:SIG) today announced its results for the 13 weeks ended August 1, 2026 ("second quarter Fiscal 2027"). "We delivered another quarter of comp sales growth with a positive comp performance in all fine jewelry brands. This includes high single-digit unit growth at higher price points," said J.K. Symancyk, Chief Executive Officer. "Building on this momentum, we are accelerating our key brand initiatives, i. |
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