SG

Tapestry, Inc. Delivers Record First Quarter Revenue and EPS

Retrieved on: 
Thursday, November 9, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231109208328/en/
    Joanne Crevoiserat, Chief Executive Officer of Tapestry, Inc., said, “We achieved record first quarter revenue and EPS as we continued to successfully advance our strategic growth agenda against a dynamic external backdrop.
  • During the quarter, we drove revenue gains at constant currency, significant gross margin expansion, and high-teens adjusted EPS growth.
  • Excluding a 130 basis point headwind from currency due to the appreciation of the U.S. Dollar, revenue increased approximately 2% versus last year.
  • On a reported basis, the tax rate for the quarter was 18.2% or 18.3% on a non-GAAP basis.

National Vision Holdings, Inc. Reports Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 9, 2023

National Vision Holdings, Inc. (NASDAQ: EYE) (“National Vision” or the “Company”) today reported its financial results for the third quarter ended September 30, 2023.

Key Points: 
  • National Vision Holdings, Inc. (NASDAQ: EYE) (“National Vision” or the “Company”) today reported its financial results for the third quarter ended September 30, 2023.
  • Net revenue includes a (0.3%) impact from the timing of unearned revenue in the current-year quarter compared with the prior-year quarter.
  • Comparable store sales growth was negatively impacted by the effects of unearned and deferred revenue in the current-year quarter compared with the prior-year quarter.
  • Year to date through September 30, 2023, National Vision repurchased approximately 1.1 million shares for $25.0 million.

Revance Reports Third Quarter 2023 Financial Results, Provides Corporate Update

Retrieved on: 
Wednesday, November 8, 2023

Revance Therapeutics, Inc. (RVNC), today reported financial results for the third quarter ended September 30, 2023 and provided a corporate update.

Key Points: 
  • Revance Therapeutics, Inc. (RVNC), today reported financial results for the third quarter ended September 30, 2023 and provided a corporate update.
  • Based on real-world learnings and customer feedback, Revance introduced new competitive pricing for DAXXIFY on September 1, 2023.
  • In September 2023, Revance revised its 2023 GAAP and Non-GAAP operating expense guidance to reflect the company's exit of the OPUL payments business.
  • ET on November 8, 2023, to discuss its financial results and provide a corporate update.

Limbach Holdings, Inc. Announces Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 8, 2023

Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach” or the “Company”) today announced its financial results for the quarter ended September 30, 2023.

Key Points: 
  • Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach” or the “Company”) today announced its financial results for the quarter ended September 30, 2023.
  • Michael McCann, Limbach’s President and Chief Executive Officer, said, “Our third quarter results reflected continued success across all three pillars of our growth strategy.
  • Early in the third quarter, we acquired ACME Industrial based in Chattanooga, Tennessee, which is a tuck-in deal that we’re excited about.
  • During the third quarter, Limbach received $15.6 million of cash, net, from the settlement of a previously outstanding claim.

Phibro Animal Health Corporation Reports First Quarter Results, Updates Financial Guidance

Retrieved on: 
Wednesday, November 8, 2023

Phibro Animal Health Corporation (Nasdaq: PAHC) (“Phibro” or the “Company”) today announced financial results for its first quarter ended September 30, 2023, and its updated financial guidance for the year ending June 30, 2024.

Key Points: 
  • Phibro Animal Health Corporation (Nasdaq: PAHC) (“Phibro” or the “Company”) today announced financial results for its first quarter ended September 30, 2023, and its updated financial guidance for the year ending June 30, 2024.
  • Animal Health increased $5.7 million, while Mineral Nutrition and Performance Products decreased $3.6 million and $3.2 million, respectively.
  • Net sales of $160.5 million for the three months ended September 30, 2023, increased $5.7 million, or 4%.
  • Phibro Animal Health Corporation will host a webcast and conference call during which the Company will review its financial results and respond to questions.

DATA Communications Management Corp. Announces Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 9, 2023

DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) (“DCM” or the "Company"), a leading provider of marketing and business communication solutions to companies across North America, today reported its third quarter 2023 financial results.

Key Points: 
  • DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) (“DCM” or the "Company"), a leading provider of marketing and business communication solutions to companies across North America, today reported its third quarter 2023 financial results.
  • The closure of one of these facilities in Edmonton, Alberta, will be finalized by December 2023.
  • Mr. Kellam, and James Lorimer, CFO, will present the third quarter 2023 results followed by a live Q&A period.
  • TABLE 1 The following table sets out selected historical consolidated financial information for the periods noted.

GrowGeneration Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 8, 2023

GrowGeneration Corp. (NASDAQ: GRWG) (“GrowGen” or the “Company”), the largest chain of specialty hydroponic and organic garden centers in the United States with 50 stores across 18 states, today reported financial results for the third quarter ended September 30, 2023.

Key Points: 
  • GrowGeneration Corp. (NASDAQ: GRWG) (“GrowGen” or the “Company”), the largest chain of specialty hydroponic and organic garden centers in the United States with 50 stores across 18 states, today reported financial results for the third quarter ended September 30, 2023.
  • We believe that our third quarter results represent progress towards the initiatives that we have been striving to achieve.
  • Revenue from non-retail operations, including distributed brands and MMI, was $11.5 million in the third quarter of 2023, compared to $19.8 million in the same quarter last year.
  • Gross profit was $16.2 million for the third quarter of 2023, compared to $18.3 million for the third quarter of 2022.

KP Tissue Releases Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 8, 2023

MISSISSAUGA, Ontario, Nov. 08, 2023 (GLOBE NEWSWIRE) -- KP Tissue Inc. (KPT) (TSX: KPT) reports the Q3 2023 financial and operational results of KPT and Kruger Products Inc. (Kruger Products).

Key Points: 
  • MISSISSAUGA, Ontario, Nov. 08, 2023 (GLOBE NEWSWIRE) -- KP Tissue Inc. (KPT) (TSX: KPT) reports the Q3 2023 financial and operational results of KPT and Kruger Products Inc. (Kruger Products).
  • Adjusted EBITDA1 was $72.4 million in Q3 2023, compared to $30.7 million in Q3 2022, an increase of 135.7%.
  • Net income was $12.9 million in Q3 2023 compared to a net loss of $38.8 million in Q3 2022, an increase of $51.7 million.
  • KPT will hold its third quarter conference call on Wednesday, November 8, 2023 at 8:30 a.m. Eastern Time.

Tritium Implements Strategic Plan to Achieve 2024 Profitability

Retrieved on: 
Wednesday, November 8, 2023

BRISBANE, Australia, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Tritium DCFC Limited (Tritium) (Nasdaq: DCFC), a global leader in direct current (DC) fast chargers for electric vehicles (EVs), today announced the implementation of business measures designed to achieve a path to profitability in 2024 and reduce external capital requirements.

Key Points: 
  • BRISBANE, Australia, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Tritium DCFC Limited (Tritium) (Nasdaq: DCFC), a global leader in direct current (DC) fast chargers for electric vehicles (EVs), today announced the implementation of business measures designed to achieve a path to profitability in 2024 and reduce external capital requirements.
  • The plan sees Tritium improve operational efficiency and margins to drive profitability and shareholder value by consolidating its global manufacturing operations into its scaled plant in Lebanon, Tennessee, and reduce selling general & administrative (SG&A) expenses via plans to decrease specific headcount and professional fees.
  • “While we continue to build on our recently reported financial results, which include achieving record revenue and gross margin, strategic restructuring of our business is necessary to drive both profitability and shareholder value,” said Tritium CEO Jane Hunter.
  • “This transition is aligned with the company’s plan to be profitable in 2024.

SG Analytics Welcomes Martina Macpherson to Advisory Board, Supporting its Vision of Transformative Growth in Sustainable Finance

Retrieved on: 
Wednesday, November 8, 2023

SG Analytics, a globally renowned Insights and Analytics powerhouse, proudly announces the appointment of Martina Macpherson to its distinguished Advisory Board.

Key Points: 
  • SG Analytics, a globally renowned Insights and Analytics powerhouse, proudly announces the appointment of Martina Macpherson to its distinguished Advisory Board.
  • In a move that promises to reshape the ESG landscape, Martina will play a pivotal role in supporting SGA's global vision for leadership in sustainable finance.
  • View the full release here: https://www.businesswire.com/news/home/20231108963406/en/
    Martina Macpherson Joins SG Analytics as an Advisory Board Member (Photo: Business Wire)
    Martina Macpherson brings over two decades of expertise in the realm of sustainable finance, earning accolades as an ESG luminary, researcher, innovator, and entrepreneur.
  • Her dedication to sustainable finance and leadership led to her recognition as one of the 'Top 50 Women in Finance' by the World Finance Forum (WFF) in 2022.