It makes sense to try and get ahead of the crowd, and that's why stocks like GXO Logistics (GXO -1.75%) and Honeywell (HON -0.09%) should be high on investors' lists of stocks to look at. Both companies look set to benefit from a pickup in growth in e-commerce spending that will encourage capital spending in the future.Here's why these two stocks could be great additions to a portfolio.The e-commerce cycle is turningIn truth, the growth in e-commerce spending has never really gone away. Still, the cadence o ...

Brits plan to spend £352 on Christmas presents this year 25-34 year olds are most likely to get their gifts on Black Friday 1 in 8 shoppers plan to buy the majority of Christmas shopping in Black Friday sales LONDON, U.K., Nov. 21, 2024 (GLOBE NEWSWIRE) -- A new survey of UK consumers commissioned by GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, has revealed that 54% of Brits who plan to shop for Christmas presents this year will use special deal days like Black ...

Investment Thesis - The analyst recommends a buy rating for GXO (NYSE: GXO) due to expectations of continued growth driven by robust organic business wins and positive macroeconomic indicators [1] - The analyst employs a fundamentals-based approach to value investing, focusing on companies with steady long-term growth, no cyclicality, and a strong balance sheet [1] - The analyst disagrees with the notion that low multiple stocks are inherently cheap, instead seeking companies offering the best long-term durability at affordable prices [1] - The analyst acknowledges that investing in successful companies carries risks, particularly the risk of overpaying, but believes that in some cases, the growth potential is so significant that price becomes less relevant in the short term [1] Analyst's Position - The analyst has no stock, option, or derivative positions in any of the mentioned companies and no plans to initiate such positions within the next 72 hours [2] - The article represents the analyst's own opinions and is not influenced by any compensation or business relationships with the mentioned companies [2]

GXO Logistics (GXO) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.69 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.28%. A quarter ago, it was expected that this contract logistics provider would post earnings of $0.57 per share when it actually produced earnings of $0.55, delivering a surprise of -3.51%.Over the last four quarte ...

Group 1 - The company reported third quarter revenue of $3.2 billion, representing a 28% year-over-year increase, with organic revenue growth of 3% [1][5][6] - Year-to-date, the company signed approximately $750 million in new business, indicating strong momentum and a record level of new business wins expected in 2024 [3][4] - The sales pipeline increased by 30% year-over-year to $2.4 billion, marking a two-year high [1][3] Group 2 - The company reaffirmed its full-year 2024 guidance, projecting organic revenue growth of 2% to 5%, adjusted EBITDA of $805 million to $835 million, and adjusted diluted EPS of $2.73 to $2.93 [9] - The company generated $198 million in cash flow from operations and $110 million in free cash flow during the third quarter [7][45] - As of September 30, 2024, the company had cash and cash equivalents of $548 million and total debt outstanding of $2.8 billion [8][32] Group 3 - The company is experiencing increasing demand for e-commerce capacity, with over half of new business wins in the third quarter coming from e-fulfillment [4] - The company opened the largest e-commerce warehouse in France in partnership with a long-term customer, highlighting its commitment to expanding logistics capabilities [4] - The company is well-positioned to capitalize on long-term supply chain trends, including complexity, e-commerce, automation, and outsourcing [5]

Core Insights - GXO Logistics, Inc. has achieved full capacity at its 36,000 square meter warehouse in Dormagen, Germany, marking a significant milestone in its growth strategy in the region [1] - The German contract logistics market is experiencing strong demand driven by the need for supply chain efficiency and modernization, positioning GXO as an ideal partner for companies in the area [2] - GXO plans to expand its operations in Germany, including a 20-year partnership with Levi Strauss & Co. and a long-term contract with Tchibo for managing a high-bay warehouse [3][4] Company Operations - The Dormagen site serves various industries such as aerospace, food and beverage, and consumer goods, providing services like picking, packaging, quality control, and package scanning [2] - GXO ServiceTech at the Dormagen site offers comprehensive repair and returns services for consumer electronics, supporting clients' sustainability goals through various end-to-end services [2] Strategic Growth - Germany is identified as a long-term strategic growth market for GXO, with plans for significant expansion in the coming years [3] - GXO has over 20 years of experience operating in Central Europe, focusing on sectors like e-commerce, fashion, FMCG, and DIY [4]

Core Insights - GXO Logistics has successfully partnered with Beauty Pie to provide order fulfillment services, distributing nearly 4 million makeup and skincare products across the UK in its first year of collaboration [1][2] - The partnership has enabled Beauty Pie to enhance its logistics operations, supporting its growth in a competitive market [2][3] - GXO's acquisition of PFS has diversified its offerings, allowing it to provide specialized high-end fulfillment services tailored to the cosmetics and luxury goods sectors [2] Company Performance - In Q3 2023, GXO Logistics distributed over 970,000 orders for Beauty Pie, showcasing its effective logistics capabilities [1] - The partnership has facilitated Beauty Pie's transition to a new warehouse in Fareham, leveraging GXO's shared warehousing space to support ongoing growth [2] Industry Context - The beauty industry is highly competitive, and companies like Beauty Pie are leveraging partnerships with logistics providers like GXO to enhance customer service and brand loyalty [2] - GXO Logistics is positioned as the world's largest pure-play contract logistics provider, capitalizing on the rapid growth of e-commerce and automation [3]

PARIS, France, Oct. 17, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc.(NYSE: GXO), the world's largest pure-play contract logistics provider, announced that it has extended and expanded its partnership in France with Henkel, a multinational chemical and consumer packaged goods company. GXO manages storage, distribution, seasonal returns and value added-services for an array of Henkel brands across its laundry and homecare segments and will now expand its services to include Henkel's iconic beauty brands. "We ...

A news report suggests GXO Logistics is seeing buyout interest from multiple parties. GXO Logistics (GXO 6.73%) was spun off from XPO (XPO 3.79%) in 2021 with a lot of promise and bright prospects. The company was created as the world's largest independent, pure-play contract logistics company with close to 1,000 warehouses in North America and Europe. Separating from XPO, the argument went, would allow the company to focus on acquisitions that best serve its own goals and use debt and equity compensation t ...

GXO will manage two logistics centers in Vitoria of nearly 20,000 square meters, strengthening its footprint in the North of Spain GXO's use of automation will play a crucial role in optimizing Forum Sport's logistics operations MADRID, Spain, Oct. 01, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, announced a new strategic partnership with Forum Sport, a leader in the distribution of sports equipment. GXO will handle B2B and B2C order pr ...