Seagram's 7 Crown knows what's old is new, and great taste is forever. As part of the 'Timeless Taste' campaign, the brand is reimagining some of its best ads from the past that celebrate the longstanding appeal of quintessential pastimes like BBQ, tailgating and more. Throughout the summer and the rest of the year, these spots will roll out across digital and social media to coincide with the seasonality of these key occasions. Speaking of the brand's signature serve, as America's favorite couple, the 7&7 ...

Looking through the bad As an example, we need only look at financial performance covering the most recent quarter, which would be the first quarter of the company's 2024 fiscal year. My prior article about the business covered all recent timeframes leading up to that point. During the first quarter, the company generated revenue of $1.64 billion. This was For starters, the newest update involves the revelation that changes, both delay-caused ones and changes in contracts with existing clients, will result ...

GONZALES, La., June 28, 2024 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the "Company") today reported results for the fourth quarter and fiscal year 2024, which ended March 31, 2024. Fourth Quarter Summary Net sales of $22.6 million, compared to $21.6 million in the prior-year quarter Gross margin of 23.2% versus 21.9% in the fourth quarter of fiscal 2023 Net income of $1.0 million, or $0.10 per diluted share Declared quarterly dividend of $0.08 per share of Series A common stock Fiscal Year ...

The dial-in numbers for the conference call are (630) 395-0194 or toll-free (888) 324-8108 and the access password is "packaging". A replay of the conference call will be available for a one-week period ending at midnight on July 30, 2024. The telephone numbers for the replay are (203) 369-3998 or toll free (800) 876- 5258. A live webcast of the call will be made available to the public on the internet at the Company's website, www.crowncork.com. For more information, contact Corporate Communications at (21 ...

Group 1 - John Mackey, former CEO of Whole Foods Market, is a member of The Motley Fool's board of directors [1] - Parkev Tatevosian, CFA, has no position in any of the stocks mentioned [1] - The Motley Fool has positions in and recommends Amazon and Nvidia [1] Group 2 - Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services [2] - His opinions remain his own and are unaffected by The Motley Fool [2]

GONZALES, La., June 21, 2024 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ:CRWS) (the "Company") today announced that it intends to release the results of its operations for the fourth quarter and full year of fiscal 2024 before the market opens on Friday, June 28, 2024. Olivia W. Elliott, President and Chief Executive Officer and Craig J. Demarest, Vice President and Chief Financial Officer, will host a teleconference at 8:00 a.m. Central Daylight Time on that day to discuss the Company's results and answ ...

Crown88, Asia's Premier Gaming Provider Collaborates with Taiwanese Influencer Avis in Expansion Endeavors To stay updated on this exciting partnership and future developments, follow Avis and Crown88 on their respective social media platforms. Expressing his enthusiasm about the collaboration, Avis shares his excitement for leveraging Crown88's platform to engage and entertain his audience in novel ways: "Collaborating with Crown88 opens up exciting possibilities to create engaging content for my followers ...

Core Viewpoint - Crown Castle is undergoing significant changes, including a new CEO and restructuring efforts, in response to pressure from activist investors and declining performance [1][9][26]. Group 1: Management Changes and Strategic Direction - Steven Moskowitz has been appointed as the new CEO following the resignation of Jay Brown, driven by activist investors' concerns over the firm's underperformance [1]. - The firm is exploring the sale of its fiber assets, potentially valued at up to $15 billion, as part of a broader operational change initiated by co-founder Ted Miller [1][12]. - Management has indicated that there are multiple interested parties for the fiber business, and they are considering various deal structures, including full sales or partial divestitures [1]. Group 2: Financial Performance and Forecasts - Crown Castle has reduced its annual profit forecast and initiated a 10% workforce reduction as part of its review of the fiber business [1]. - The fiber segment accounted for 22% of revenue in Q1'24 and has been in decline since Q1'23, with capital investment guidance for the fiber business lowered from $325 million to $275 million for FY24 [12][30]. - Total capital expenditures will decrease by $300 million for FY24 due to restructuring efforts, with expected annualized cost savings of $100 million [12][30]. Group 3: Debt and Financial Challenges - Crown Castle's debt load is becoming increasingly problematic, with a net debt to adjusted EBITDA ratio of 5.29x, exceeding the management's leverage target of 5x [8][40]. - The firm faces a $200 million revenue hit due to the T-Mobile and Sprint merger, which will impact revenue from equipment on its towers [16]. - Management anticipates tighter margins and a decline in total site revenue by 3%, driven by challenges in the tower and fiber segments, although small cell revenue is expected to grow [6][30]. Group 4: Market Conditions and Competitive Landscape - The telecommunications market is facing headwinds, with major players like Verizon and AT&T forecasting flat or increased capital investments, which may not translate into growth for Crown Castle [31]. - The office vacancy rate has risen to 18.3%, particularly affecting tech markets, which could further challenge demand for small cell services in metropolitan areas [31]. - The firm is refocusing its strategy on building network-adjacent anchor nodes while cutting some ongoing projects, resulting in a loss of $15 million per year in new leasing revenue [12].

In the meantime, the stock was trading at an implied cap rate of 6.9%, about 200 bps above 10-year treasury yields, which I concluded had the potential of resulting in double-digit upside on top of the already high dividends. Even under conservative assumptions of no growth beyond 2025, my bear case yielded a positive RoR. Therefore, I concluded that CCI was a BUY at $95 per share. Since that article, I must admit, CCI's performance has been underwhelming with an RoR of 4% compared to 24% of the S&P 500 (SP ...

Major U.S. equities indexes ticked higher on Wednesday as artificial intelligence (AI) chip behemoth Nvidia (NVDA) overtook Microsoft (MSFT) as the largest publicly traded company by market capitalization. Shares of Teradyne (TER), a manufacturer of automated test equipment, added 4.8% after UBS raised its price target and reiterated its "buy" rating on the stock. According to analysts, the rallying Teradyne stock could be poised to continue its uptrend, with opportunities including a recovery in testing re ...