Core Insights - Costco and Dollar General are prominent players in the Retail–Discount Stores industry, with Costco having a market capitalization of approximately $440 billion and Dollar General around $19.3 billion [1][2] - Evaluating the growth potential of these retailers is crucial amid changing consumer spending patterns and economic dynamics [3] Costco Overview - Costco's membership-based model is a significant growth driver, with high membership renewal rates of 93% in the U.S. and Canada, and 90.5% globally [4] - Membership fee income rose 7.4% year over year in Q2 of fiscal 2025, with 78.4 million paid household members, a 6.8% increase year over year [5] - The company plans to open 28 new warehouses in fiscal 2025, including 15 in the U.S. and three in Canada [6] - Comparable online sales increased by 12.6% for the four weeks ending May 4, 2025, with overall comparable sales rising 4.4% in April [7] Dollar General Overview - Dollar General is gaining market share through a resilient product mix and a focus on value, with plans for 4,885 real estate projects in fiscal 2025 [9][10] - The company is expanding its digital capabilities, including home delivery through a partnership with DoorDash, aiming to reach 10,000 stores by the end of fiscal 2025 [11] - Despite strategic initiatives, Dollar General anticipates a challenging first half of fiscal 2025 due to remodeling costs and increased labor expenses [12] Financial Estimates - The Zacks Consensus Estimate for Costco's current fiscal year sales suggests an 8% year-over-year growth, with EPS growth of 11.5% [14] - Dollar General's current fiscal year sales estimate indicates a 3.7% year-over-year growth, while EPS is projected to decline by 6.1% [16] Stock Performance - Costco shares have advanced 25% over the past year, outperforming the industry, while Dollar General shares have declined by 40.2% [19] - Costco's forward P/E ratio is 51.56, higher than its one-year median, while Dollar General's forward P/E ratio stands at 15.32 [20] Investment Outlook - Costco is viewed as a stronger investment option due to its stable membership-driven model and adaptability through digital and international growth [22] - Dollar General is in a transitional phase with execution risks and near-term challenges, leading to a less favorable investment outlook [22]

Company Announcement - Zapp Electric Vehicles Group Limited has cancelled its annual general meeting scheduled for May 15, 2025, due to the lack of proxies to constitute a quorum [1] - The company will withdraw the proposals set forth in the proxy card provided on April 30, 2025, and will notify shareholders of a new annual meeting at a future date [1] Company Overview - Zapp EV is focused on redefining the electric two-wheeler segment, with its debut product, the i300, designed for urban high-performance [2] - The i300 offers traditional motorcycle performance in a step-through format, emphasizing ease of use and enjoyment [2] - Zapp plans to provide a direct-to-customer experience, where customers can order the i300 online and have it delivered to their homes by authorized personnel [2]

Core Points - Euronext's Annual General Meeting (AGM) approved all resolutions except for the advisory vote [1] - The annual dividend of €2.90 per ordinary share will be paid on 28 May 2025, with the ex-dividend date on 26 May 2025 and record date on 27 May 2025 [1] Voting Items Summary - Proposal to adopt the 2024 remuneration report [3] - Proposal to adopt the 2024 financial statements [3] - Proposal to discharge the members of the Managing Board and Supervisory Board for their duties in 2024 [3] - Re-appointments and appointments of members to the Supervisory and Managing Boards [3] - Proposals to amend remuneration policies for both boards [3] - Proposal to appoint the external auditor [3] - Proposal regarding the cancellation of shares purchased under the share repurchase program [3] - Proposals to designate the Managing Board for issuing ordinary shares and acquiring shares [3] - Proposal to authorize the granting of rights to French beneficiaries for shares [3] Company Overview - Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain [5] - As of March 2025, Euronext's regulated exchanges host nearly 1,800 listed issuers with a market capitalization of €6.3 trillion [6] - Euronext handles 25% of European lit equity trading and offers a diverse range of products including equities, FX, ETFs, bonds, derivatives, commodities, and indices [6]

Core Points - Wolters Kluwer's Annual General Meeting (AGM) adopted all proposed resolutions [1] - Ms. Stacey Caywood appointed to the Executive Board and expected to become CEO in February 2026 [2] - 2024 Financial Statements adopted with a total dividend of €2.33 per ordinary share [3] - Remuneration Report for 2024 approved and updated Executive Board remuneration policy adopted [4] - KPMG appointed as external auditor for sustainability statements for 2025-2028 [5] - Shareholders represented 76.69% of total issued share capital entitled to vote [6] Financial Performance - Wolters Kluwer reported annual revenues of €5.9 billion for 2024 [6]

Core Insights - General Motors (GM) is restructuring its high-end import vehicle platform, Daolang, in response to significant economic changes, with import vehicle sales accounting for less than 0.1% of GM's total sales in China [1][3] - Daolang has paused new orders and is only accepting "intention orders," while continuing to deliver the 2025 Chevrolet Tahoe and GMC Yukon full-size SUVs [3] - GM's leadership in China has changed, with Jim Campbell taking over as president of Daolang after the departure of Li Long [3] Financial Performance - GM reported a positive trend in the Chinese market, achieving profitability in Q4 2024 and maintaining a growth trajectory with a year-on-year increase in sales of 53.2% for new energy vehicles [3] - The company has adjusted its financial outlook for 2025, projecting adjusted EBIT of $10 billion to $12.5 billion and adjusted diluted earnings per share of $8.25 to $10.00 [4] - Cash flow from automotive operations is expected to be between $7.5 billion and $10 billion for 2025 [4] Market Trends - The retail sales of mainstream joint venture brands in April decreased by 3% year-on-year and 8% month-on-month, with American brands holding a market share of only 4.8%, down 1.1 percentage points year-on-year [4] - The number of imported vehicles in China has declined from 1.24 million in 2017 to 800,000 in 2023, with projections of 700,000 imports in 2024, a 12% decrease year-on-year [4] - In Q1 2025, the import of vehicles dropped to 95,000 units, reflecting a 39% year-on-year decline [4]

5月15日，针对通用进口车业务解散的消息，通用汽车方面向第一财经记者表示："道朗格是通用汽 车用于引进标志性产品的高端进口车平台。进口车销量在通用汽车在华总销量中的占比不到千分之 一。由于经济形势显著变化，公司决定对道朗格进口业务进行重组，并相应地优化通用汽车在中国的 运营。" ...

Group 1 - The core business of Mercury General (NYSE: MCY) continues to generate underwriting profits, supported by regulatory tailwinds leading to double-digit rate increases [1] - The company has successfully rebuilt its operations, indicating a strong recovery and growth potential [1] Group 2 - Henriot Capital operates on a quant-driven investment model, emphasizing simplicity and common sense in its approach to building a hedge fund [1] - The investment strategy prioritizes data-driven decisions, minimizing human bias in stock selection [1]

Core Viewpoint - Grupo Aeroportuario del Pacífico (GAP) announced a total dividend payment of Ps. 16.84 per outstanding share, to be paid in two installments following the resolution from the Annual General Ordinary Shareholders' Meeting held on April 24, 2025 [1][2]. Company Overview - Grupo Aeroportuario del Pacífico operates 12 airports in Mexico's Pacific region, including major cities like Guadalajara and Tijuana, as well as tourist destinations such as Puerto Vallarta and Los Cabos [3]. - GAP's shares are listed on both the New York Stock Exchange (ticker symbol "PAC") and the Mexican Stock Exchange (ticker symbol "GAP") [3]. - The company has expanded its operations internationally, acquiring a majority stake in MBJ Airports Limited, which operates Sangster International Airport in Jamaica, and entering into a concession agreement for the Norman Manley International Airport in Kingston, Jamaica [3].

Core Points - First Majestic Silver Corp. is holding its Annual General Meeting of Shareholders (2025 AGM) on May 20, 2025, at 10:00 a.m. Pacific Time in Vancouver, British Columbia [1] - The Board of Directors recommends shareholders vote FOR all resolutions presented at the 2025 AGM [2] - The record date for voting eligibility was March 31, 2025, and shareholders are encouraged to vote before the proxy voting deadline on May 15, 2025, at 10:00 a.m. Pacific Time [2] Voting Information - Registered shareholders unable to attend the 2025 AGM can submit a signed proxy form to Computershare by mail, courier, or fax by the specified deadline [3] - Non-registered shareholders can participate in the 2025 AGM through a proxyholder or intermediaries and may have options to vote by telephone or online [4] - Kingsdale Advisors has been retained to assist shareholders with voting, providing contact information for support [5] Company Overview - First Majestic is a publicly traded mining company focused on silver and gold production, operating four underground mines in Mexico and holding development and exploration assets in the U.S. [9] - The company operates its own minting facility, First Mint, LLC, offering silver products for sale to the public [10]

Dollar General Corporation (DG) recently slipped below its 50-day simple moving average (SMA), indicating a potential short-term bearish trend. Yesterday, DG stock closed at $86.85, staying below the 50-day SMA of $86.99. The stock is trading 41.3% below its 52-week high of $147.87 touched last year in May.Dollar General Stock Below 50-Day SMAImage Source: Zacks Investment ResearchShares of this discount retailer have declined 1.8% over the past month, contrasting with an 8% rise in the broader S&P 500 inde ...