Workflow
HPE(HPE) - 2024 Q4 - Annual Report
2024-12-19 13:20
Table of Content Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, par value $0.01 per share HPE New York Stock Exchange 7.625% Series C Mandatory Convertible Preferred Stock, par value $0.01 per shareHPEPRC New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended October 31, 2024 Or ☐TRANSITIO ...
Soho House & (SHCO) - 2025 Q3 - Quarterly Results
2024-12-19 13:00
| --- | --- | |-------|-------------------------------------------| | | Exhibit 99.1 | | | Investor Relations ir@sohohouseco.com | | | Media and Press press@sohohouseco.com | Soho House & Co Inc. Announces Third Quarter 2024 Results LONDON, U.K. December 19, 2024— Soho House & Co Inc. (NYSE: SHCO) ("SHCO," "Company," "we" or "our"), a global membership platform that connects a vibrant, diverse, and global group of members, today announced results for the third quarter ended September 29, 2024. Third Quarter ...
Conagra(CAG) - 2025 Q2 - Quarterly Results
2024-12-19 12:32
Exhibit 99.1 News Release For more information, please contact: MEDIA: Mike Cummins 312-549-5257 Michael.Cummins@conagra.com INVESTORS: Matthew Neisius 402-240-3226 IR@conagra.com F O R I M M E D I A T E R E L E A S E CONAGRA BRANDS REPORTS SECOND QUARTER RESULTS CHICAGO, December 19, 2024 — Today Conagra Brands, Inc. (NYSE: CAG) reported results for the second quarter of fiscal year 2025, which ended on November 24, 2024. All comparisons are against the prior year fiscal period, unless otherwise noted. Hig ...
FuelCell Energy(FCEL) - 2024 Q4 - Annual Results
2024-12-19 12:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): November 13, 2024 FUELCELL ENERGY, INC. (Exact Name of Registrant as Specified in its Charter) | --- | --- | --- | |-------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------|--------- ...
Darden Restaurants(DRI) - 2025 Q2 - Quarterly Results
2024-12-19 12:07
Exhibit 99.1 Darden Restaurants Reports Fiscal 2025 Second Quarter Results; Declares Quarterly Dividend; And Updates Fiscal 2025 Financial Outlook ORLANDO, Fla., December 19, 2024 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE:DRI) today reported its financial results for the second quarter ended November 24, 2024. Second Quarter 2025 Financial Highlights, Comparisons Versus Same Fiscal Quarter Last Year • Total sales increased 6.0% to $2.9 billion, driven by a blended same-restaurant sales* increase of 2.4 ...
CarMax(KMX) - 2025 Q3 - Quarterly Results
2024-12-19 11:56
CARMAX REPORTS THIRD QUARTER FISCAL YEAR 2025 RESULTS Achieved over 50% earnings growth driven by gains across the business Richmond, Va., December 19, 2024 – CarMax, Inc. (NYSE:KMX) today reported results for the third quarter ended November 30, 2024. (1) Third Quarter Highlights: • Retail used unit sales increased 5.4% and comparable store used unit sales increased 4.3%; wholesale units increased 6.3%. • Total gross profit of $677.6 million increased 10.6% driven by unit volumes and strong unit margin per ...
FactSet(FDS) - 2025 Q1 - Quarterly Results
2024-12-19 11:53
News Release I For Immediate Release 1 FactSet Reports Results for First Quarter 2025 ◦ Q1 GAAP revenues of $568.7 million, up 4.9% from Q1 2024. ◦ Organic Q1 ASV of $2,258.8 million, up 4.5% year over year. ◦ Q1 GAAP operating margin of 33.6%, down approximately 120 bps year over year, and adjusted operating margin of 37.6%, consistent with the prior year. ◦ Q1 GAAP diluted EPS of $3.89, up 1.3% from the prior year, and adjusted diluted EPS of $4.37, up 6.1% year over year. NORWALK, Conn., December 19, 202 ...
Accenture(ACN) - 2025 Q1 - Quarterly Report
2024-12-19 11:48
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 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 November 30, 2024 OR ☐ 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: 001-34448 Accenture plc (Exact name of registrant as specified in its charter) Ireland 98-0627530 (State or other jurisdi ...
Accenture(ACN) - 2025 Q1 - Quarterly Results
2024-12-19 11:46
Accenture Reports First-Quarter Fiscal 2025 Results Accenture's strong Q1 FY25 results reflect broad-based revenue growth across all markets and industry groups; Company raises fiscal 2025 revenue outlook New bookings of $18.7 billion, an increase of 1% in both U.S. dollars and local currency Generative AI new bookings of $1.2 billion Revenues of $17.7 billion, an increase of 9% in U.S. dollars and 8% in local currency, with consulting revenues of $9.0 billion and managed services revenues of $8.6 billion G ...
Lamb Weston(LW) - 2025 Q2 - Quarterly Results
2024-12-19 11:03
Financial Performance - Net sales declined 8% to $1,601 million in Q2 FY2025 compared to Q2 FY2024[2] - Net income declined $251 million to a loss of $36 million in Q2 FY2025[2] - Adjusted EBITDA declined 25% to $282 million in Q2 FY2025[2] - Net sales for the thirteen weeks ended November 24, 2024 decreased to $1,600.9 million from $1,732.1 million in the prior year period[44] - Gross profit for the thirteen weeks ended November 24, 2024 declined to $277.8 million from $475.6 million in the prior year period[44] - Net income for the thirteen weeks ended November 24, 2024 was a loss of $36.1 million compared to a profit of $215.0 million in the prior year period[44] - Net income for the period ended November 24, 2024, was $91.3 million, compared to $449.8 million in the same period last year[53] - Net income for the twenty-six weeks ended November 24, 2024, was $91.3 million[65] - Adjusted diluted EPS for the thirteen weeks ended November 24, 2024, was $0.66, compared to $1.48 in the same period last year[61] - Diluted EPS for the twenty-six weeks ended November 24, 2024, was $0.64[65] Segment Performance - North America segment net sales declined 8% to $1,072.1 million in Q2 FY2025[16] - International segment net sales declined 6% to $528.8 million in Q2 FY2025[19] - North America segment net sales decreased by 8% to $1,072.1 million, with a 3% decline in price/mix and a 5% decline in volume[56] - International segment net sales decreased by 6% to $528.8 million, driven entirely by a 6% decline in volume[56] - North America segment Adjusted EBITDA decreased by 17% to $266.7 million[56] - International segment Adjusted EBITDA decreased by 53% to $47.4 million[56] - North America segment Adjusted EBITDA for the twenty-six weeks ended November 24, 2024, was $542.8 million[70] - International segment Adjusted EBITDA for the twenty-six weeks ended November 24, 2024, was $97.9 million[70] Cost and Expenses - Adjusted Gross Profit declined $134.9 million to $343.5 million in Q2 FY2025[12] - Restructuring expenses for the thirteen weeks ended November 24, 2024 totaled $74.6 million, primarily related to facility closures and employee severance[44] - Cost of sales for the thirteen weeks ended November 24, 2024 included $75.5 million in charges for unused raw potatoes and inventory write-offs[44] - The twenty-six weeks ended November 24, 2024 included a $39 million charge related to a voluntary product withdrawal[46] - Restructuring Plan expenses for the twenty-six weeks ended November 24, 2024, were $159.1 million[70] - Unallocated corporate costs for the twenty-six weeks ended November 24, 2024, were $(68.9) million[70] - Income tax expense for the twenty-six weeks ended November 24, 2024, was $64.2 million[65] - Interest expense for the twenty-six weeks ended November 24, 2024, was $88.5 million[65] Cash Flow and Liquidity - Net cash provided by operating activities for the first half of fiscal 2025 was $429.3 million, down $25.9 million versus the prior year period[22] - Capital expenditures during the first half of fiscal 2025 were $486.4 million, down $73.0 million versus the prior year period[23] - The Company had $79.0 million of cash and cash equivalents and $1,211.9 million of available liquidity under its revolving credit facility as of November 24, 2024[25] - Cash and cash equivalents increased to $79.0 million as of November 24, 2024 from $71.4 million as of May 26, 2024[50] - Net cash provided by operating activities was $429.3 million, slightly down from $455.2 million in the previous year[53] - Additions to property, plant, and equipment were $474.6 million, down from $507.6 million in the previous year[53] - Proceeds from short-term borrowings increased significantly to $811.6 million, compared to $194.3 million in the prior year[53] Shareholder Returns - The Company returned $103.3 million to shareholders through cash dividends and repurchased $82.0 million of its common stock in the first half of fiscal 2025[26] - The Board of Directors approved an increase of $250 million in the Company's share repurchase authorization, bringing the total to $750 million[27] - Repurchase of common stock and common stock withheld to cover taxes amounted to $92.8 million, down from $164.3 million in the previous year[53] Outlook and Targets - Updated fiscal 2025 outlook projects net sales of $6.35 billion to $6.45 billion[2] - The Company reduced its annual net sales target range to $6.35 billion to $6.45 billion, down from $6.6 billion to $6.8 billion[29] - The Company reduced its GAAP net income target range to $330 million to $350 million and Diluted EPS to $2.30 to $2.45[30] - The Company reduced its Adjusted EBITDA target range to $1,170 million to $1,210 million from approximately $1,380 million[31] - The Company reduced its Adjusted Net Income target range to $440 million to $460 million and Adjusted Diluted EPS to $3.05 to $3.20[32] - The Company expects cash used for capital expenditures, excluding acquisitions, to be approximately $750 million[33] Restructuring Plan - Restructuring Plan expected to generate $55 million in pre-tax cost savings in FY2025[7] - Restructuring expenses for the thirteen weeks ended November 24, 2024 totaled $74.6 million, primarily related to facility closures and employee severance[44] - Restructuring Plan expenses for the twenty-six weeks ended November 24, 2024, were $159.1 million[70] Volume and Traffic Trends - Volume declined 6% in Q2 FY2025, reflecting soft global restaurant traffic trends[9] - North America segment net sales decreased by 8% to $1,072.1 million, with a 3% decline in price/mix and a 5% decline in volume[56] - International segment net sales decreased by 6% to $528.8 million, driven entirely by a 6% decline in volume[56] Equity and Investments - Equity method investment earnings were $2.1 million in Q2 FY2025[21] Balance Sheet - Inventories increased to $1,327.2 million as of November 24, 2024 from $1,138.6 million as of May 26, 2024[50] - Long-term debt increased to $3,693.6 million as of November 24, 2024 from $3,440.7 million as of May 26, 2024[50] - Total assets increased to $7,452.1 million as of November 24, 2024 from $7,367.0 million as of May 26, 2024[50] Adjusted Metrics - Adjusted EBITDA for the twenty-six weeks ended November 24, 2024, was $571.8 million[70] - Gross profit for the twenty-six weeks ended November 24, 2024, was $633.8 million[65]