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Suominen Corporation’s Interim Report for January 1 - September 30, 2025: Profitability affected by exceptional events, outlook reduced
The Manila Times· 2025-10-29 07:45
Suominen Corporation Interim Report on October 29, 2025, at 9:30 a.m. (EET) Suominen Corporation’s Interim Report for January 1 - September 30, 2025: Profitability affected by exceptional events, outlook reducedKEY FIGURES Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service and Privacy Policy  7-9/7-9/1-9/1-9/1-12/ 20252024202520242024Net sales, EUR million99.8111.6317. ...
AI Is Set to Supercharge 3 ’Boring’ Dividends
Investing· 2025-09-16 09:13
Group 1 - NVIDIA Corporation continues to show strong performance driven by demand in AI and gaming sectors, with significant revenue growth reported [1] - Progressive Corp has demonstrated resilience in the insurance market, with a focus on expanding its digital capabilities and customer service [1] - American International Group Inc is undergoing restructuring efforts to improve profitability and streamline operations, aiming for a more focused business model [1] Group 2 - Travelers Companies reported solid earnings, benefiting from rate increases and improved underwriting results, indicating a positive outlook for the insurance industry [1]
American Rebel Light Beer Powers NHRA Brainerd Nationals with ‘Battle for the Rebel Axe,' Primary Sponsors - TSR Nitro, Minnesota Beer Launch, Andy Ross Live, and Rebel Segment planned for FOX TV Broadcast
GlobeNewswire News Room· 2025-08-15 12:00
Core Viewpoint - American Rebel Holdings, Inc. is leveraging the NHRA Brainerd Nationals to enhance brand engagement, launch its American Rebel Light Beer in Minnesota, and strengthen its relationship with motorsports fans [1][2][11]. Brand Activation and Engagement - The company is set to create a high-energy fan experience at the NHRA Brainerd Nationals, featuring performances and product sampling to foster brand loyalty [3][4]. - CEO Andy Ross will perform at the event, aiming to galvanize fans with patriotic music and promote the American Rebel lifestyle [3][10]. Product Launch and Distribution - American Rebel Light Beer is making its debut in Minnesota through a partnership with C&L Distributing, expanding its distribution to 13 states [11][12]. - The beer is marketed as a premium domestic light lager, containing approximately 100 calories and 4.3% ABV per 12 oz serving, brewed without corn, rice, or artificial sweeteners [4][19]. Community Engagement and Philanthropy - The Champion Safe division will showcase American-made safes and conduct a giveaway, with proceeds benefiting Camp Confidence, a nonprofit supporting children with special needs [5][14]. - This initiative reflects the company's commitment to community impact while promoting its secure lifestyle products [14]. Motorsports Strategy - American Rebel is the title sponsor of the "Battle for the Rebel Axe" at the NHRA event, enhancing brand visibility through motorsports [6]. - The partnership with Tony Stewart Racing features branded cars, reinforcing the brand's connection to the racing community and its patriotic values [8][12]. Future Growth and Market Position - The company aims to position American Rebel Light Beer as America's 1 domestic light lager, with plans for further state launches [15]. - The focus on creating authentic experiences and premium products is intended to cultivate lifelong customers among patriotic consumers [16].
Stewart, Hagan Bring New Red-and-blue TSR Direct Connection Dodge//SRT Nitro Machines to 2025 Season Opener at NHRA Gatornationals
Prnewswire· 2025-02-28 16:30
AUBURN HILLS, Mich. , Feb. 28, 2025 /PRNewswire/ -- Debuting two eye-catching red-and-blue Direct Connection Dodge//SRT nitro-burning machines, Tony Stewart Racing (TSR) drivers Tony Stewart and Matt Hagan approach the 2025 NHRA Mission Drag Racing season opener, the NHRA Gatornationals on March 7-9, with eagerness and enthusiasm for the 20-race national tour. Tony Stewart and Matt Hagan will debut striking new red-and-blue Tony Stewart Racing (TSR) Direct Connection Dodge//SRT graphics at NHRA Gatorn ...
Dodge Brand Extends Partnership with Tony Stewart Racing in NHRA Mission Drag Racing Series
Prnewswire· 2024-06-17 14:00
Core Points - The Dodge brand has announced an extension of its partnership with Tony Stewart Racing (TSR) Nitro to continue competing in the NHRA Mission Drag Racing Series with two nitro-burning entries [1][2][3] Partnership Details - The partnership began in 2022, featuring drivers Leah Pruett (Top Fuel) and Matt Hagan (Funny Car) [2][3] - In 2024, Tony Stewart replaced Leah Pruett as the driver of the TSR Direct Connection Dodge//SRT Top Fuel car [2][3] - Hagan won the 2023 NHRA Mission World Championship, achieving six national event victories [2][4] Performance Achievements - Since the partnership's inception, the Dodge//SRT TSR teams have secured 15 NHRA national event victories and one World Championship [3][4] - Hagan has been competing in a Dodge Funny Car for 16 consecutive seasons and has made significant contributions to the team's success [2][4][9] Driver Insights - Tony Stewart, a NASCAR Hall of Famer, has transitioned to drag racing and is competing full-time in NHRA Top Fuel [5][6] - Stewart's operation has become a leading professional team in NHRA since its entry in 2022 [6][7] Future Outlook - Both Dodge and TSR express excitement about the future of their partnership and the potential for continued success in drag racing [7][11] - The TSR Direct Connection Dodge//SRT machines have participated in eight NHRA Mission events in 2024, with Hagan currently ranked fourth in Funny Car points and Stewart in ninth for Top Fuel [11]
TSR(TSRI) - 2024 Q3 - Quarterly Report
2024-04-15 21:00
☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 ☐ Transition report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 TSR, Inc. (Registrant's telephone number) Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been su ...
TSR(TSRI) - 2024 Q2 - Quarterly Report
2024-01-11 22:01
FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended November 30, 2023 ☐ Transition report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from __ to __ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Commission File Number: 001-38838 TSR, Inc. (Exact name of registrant as specified in its charter) | Delaware | 13-2635899 | | --- | --- | | (State or other juris ...
TSR(TSRI) - 2024 Q1 - Quarterly Report
2023-10-11 21:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended August 31, 2023 ☐ Transition report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from __ to __ Commission File Number: 001-38838 TSR, Inc. | (Exact name of registrant as specified in its charter) | | | --- | --- | | Delaware | 13-2635899 | | (State or other j ...
TSR(TSRI) - 2023 Q4 - Annual Report
2023-08-11 21:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 For the fiscal year ended May 31, 2023 or (Exact name of registrant as specified in its charter) | Delaware | 13-2635899 | | --- | --- | | (State or other jurisdiction of | (I.R.S. Employer | | incorporation or organization) | Identification No.) | 400 Oser Avenue, Hauppauge, NY 11788 (Address of Principal Executive Offices) (Zip Code) Registr ...
TSR(TSRI) - 2023 Q3 - Quarterly Report
2023-04-11 11:00
Revenue and Income - Revenue for the quarter ended February 28, 2023 was $24,257,000, a decrease of approximately $126,000 or 0.5% from $24,383,000 in the same quarter of 2022[70] - Revenue for the nine months ended February 28, 2023 increased by approximately $5,374,000 or 7.6% to $76,487,000 from $71,113,000 in the prior year[80] - Net income attributable to TSR, Inc. for the quarter ended February 28, 2023 was $80,000, compared to a net loss of $47,000 in the same quarter of 2022[77] - Net income attributable to TSR for the nine months ended February 28, 2023 was $1,248,000, a significant decrease from $6,598,000 in the same period of 2022, primarily due to the prior year's PPP Loan forgiveness[87] - The company reported consolidated net income of $1,292,000 for the nine months ended February 28, 2023, a decrease from $6,670,000 in the same period the previous year[91] Costs and Expenses - Cost of sales for the quarter ended February 28, 2023 decreased to $20,267,000, a reduction of approximately $323,000 or 1.6% from $20,590,000 in the prior year[73] - Selling, general and administrative expenses for the quarter ended February 28, 2023 decreased to $3,769,000, down approximately $61,000 or 1.6% from $3,830,000 in the same quarter of 2022[74] - Cost of sales as a percentage of revenue improved from 84.4% in the quarter ended February 28, 2022 to 83.6% in the quarter ended February 28, 2023[73] Cash Flow and Working Capital - Net cash flow from operations for the nine months ended February 28, 2023 was approximately $2,393,000, compared to a net cash outflow of $2,472,000 in the prior year[91] - As of February 28, 2023, the company had working capital of approximately $12,848,000, an increase from $10,912,000 at May 31, 2022[90] Shareholder Activities - The company repurchased a total of 22,834 shares of common stock at an average price of $7.90 per share under its stock repurchase program[112] - The stock repurchase program authorized up to $500,000 of the company's outstanding common stock, which commenced on September 15, 2022[112] Legal and Financial Obligations - The company has accrued $75,000 to selling, general and administrative expenses as an estimate for a possible settlement payment related to ongoing legal proceedings[107] - The company's future lease payment obligations had a net present value of approximately $538,000 as of February 28, 2023[95] - The company has no off-balance sheet arrangements that could materially affect its financial condition[96] Contractor Information - The average number of IT contractors increased from 443 to 467 from February 28, 2022 to February 28, 2023, while clerical and administrative contractors decreased from 278 to 173[72] Debt and Credit Facilities - The Company had no net borrowings outstanding against its Credit Facility as of February 28, 2023, with a maximum available amount of $2,000,000[89]