Nasdaq(NDAQ) - 2025 Q4 - Annual Results
2026-01-29 12:29
Exhibit 99.1 Nasdaq Reports Fourth Quarter and Full Year 2025 Results; Annual Results Exceed $5.2B in Net Revenue and $4.0B in Solutions Revenue NEW YORK, January 29, 2026 - Nasdaq, Inc. (Nasdaq: NDAQ) today reported financial results for the fourth quarter and full year of 2025. Fourth Quarter and Full Year 2025 Highlights | | | | Adjusted2 | Organic | | | Adjusted2 | Organic | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | YoY | YoY | YoY | | YoY | YoY | YoY | | (US$ millions, except per sh ...
Lockheed Martin(LMT) - 2025 Q4 - Annual Results
2026-01-29 12:25
Exhibit 99.1 "This notable start to 2026 reinforces our confidence in Lockheed Martin's continued operational and financial growth in the year ahead. We expect sales and reported segment operating profit growth of approximately 5% and 25% year-over-year, respectively, and free cash flow between $6.5 to $6.8 billion, an increase compared to our prior expectation. With a strong emphasis on operational performance and clear alignment with our customers' national defense priorities, we will continue to deliver ...
PulteGroup(PHM) - 2025 Q4 - Annual Results
2026-01-29 12:21
FOR IMMEDIATE RELEASE Company Contact Investors: Jim Zeumer (404) 978-6434 jim.zeumer@pultegroup.com PULTEGROUP REPORTS FOURTH QUARTER 2025 FINANCIAL RESULTS "PulteGroup's fourth quarter and full year financial results reflect our balanced and disciplined approach to the business as we continue to successfully navigate today's continuously shifting market dynamics," said PulteGroup President and CEO, Ryan Marshall. "Inclusive of our strong fourth quarter results, in 2025 PulteGroup delivered 29,572 homes, $ ...
stal Financial (CCB) - 2025 Q4 - Annual Results
2026-01-29 12:15
Exhibit 99.1 COASTAL FINANCIAL CORPORATION ANNOUNCES FOURTH QUARTER 2025 RESULTS Company Release: January 29, 2026 Everett, WA – Coastal Financial Corporation (Nasdaq: CCB) (the "Company", "Coastal", "we", "our", or "us"), the holding company for Coastal Community Bank (the "Bank"), through which it operates a community-focused bank segment ("community bank") with an industry leading banking as a service ("BaaS") segment ("CCBX"), today reported unaudited financial results for the quarter ended December 31, ...
International Paper(IP) - 2025 Q4 - Annual Results
2026-01-29 12:11
Financial Performance - Full-year 2025 net sales were $23.63 billion, a significant increase from $15.84 billion in 2024, representing a year-over-year growth of approximately 49.5%[5] - The company reported a loss from continuing operations of $2.84 billion for the full year 2025, which includes a $2.47 billion pre-tax non-cash goodwill impairment charge[5] - Adjusted EBITDA for the full year 2025 was $2.98 billion, with a target of $3.5 - $3.7 billion for 2026[4][5] - In the fourth quarter of 2025, net sales were $6.01 billion, compared to $3.92 billion in the fourth quarter of 2024, marking a year-over-year increase of approximately 53.5%[8] - Total net earnings (loss) for the twelve months ended December 31, 2025, were $(3,516) million, compared to a profit of $557 million in the previous year[34] - Adjusted Operating Earnings (Loss) for the three months ended December 31, 2025, was $(43) million, compared to $135 million for the same period in 2024, reflecting a significant decline[41] - Adjusted EBITDA from Continuing Operations for the three months ended December 31, 2025, was $758 million, up from $443 million in the same period of 2024[46] Segment Performance - The Packaging Solutions North America segment reported an operating profit of $319 million in Q4 2025, up from a loss of $166 million in Q3 2025[18] - The Packaging Solutions EMEA segment experienced an operating loss of $223 million in Q4 2025, compared to a loss of $58 million in Q3 2025[19] Cash Flow and Capital Expenditures - Cash provided by operating activities for the full year 2025 was $1.70 billion, while free cash flow was $(0.16) billion[5] - Cash provided by operating activities for the twelve months ended December 31, 2025, was $1,698 million, slightly up from $1,678 million in 2024[54] - For the three months ended December 31, 2025, cash provided by operating activities was $905 million, compared to $397 million in the same period of 2024[56] - Free cash flow for the three months ended December 31, 2025, was $255 million, an increase from $137 million in the same period of 2024[56] - Capital expenditures for the twelve months ended December 31, 2025, totaled $1,857 million, up from $921 million in 2024[56] - The company reported capital expenditures of $(1,857) million for the twelve months ended December 31, 2025, compared to $(921) million in 2024, reflecting increased investment in operations[54] Impairments and Special Items - A pre-tax, non-cash goodwill impairment charge of $2.47 billion was recorded as of December 31, 2025, related to the PS EMEA reporting unit[21] - In Q4 2025, net special items resulted in a net after-tax charge of $2.32 billion ($4.41 per diluted share), compared to $53 million ($0.15 per diluted share) in Q4 2024 and $205 million ($0.39 per diluted share) in Q3 2025[22] - The total special items, net for Q4 2025 amounted to $2.32 billion after tax, with significant charges including a $2.196 billion goodwill impairment related to the PS EMEA business segment[22] - An impairment charge of $1.07 billion was recorded in 2025 related to the divestiture of the GCF business due to the fair value being below carrying value[24] Strategic Initiatives - The company plans to create two independent public companies focused on packaging solutions in North America and EMEA, expected to be completed in 12-15 months[20] - The company emphasizes its commitment to delivering innovative, sustainable packaging solutions and strengthening supply chains[29] - The company is focused on achieving synergies and value creation from its recent acquisition of DS Smith, which is part of its long-term growth strategy[31] Risks and Considerations - The company faces various risks including economic conditions, climate change, and geopolitical tensions that could impact future performance[31] - Management emphasizes that free cash flow is a key liquidity measure, indicating cash available for dividends, stock repurchases, and future investments[56] - Management cautions that the entire free cash flow amount should not be inferred as available for discretionary expenditures[56] Financial Reporting and Measures - Non-GAAP financial measures are used by management to provide a clearer understanding of financial results and trends[58] - Investors are advised not to rely solely on non-GAAP measures, as they may not be comparable to similar measures from other companies[57] - The company believes that non-GAAP measures assist in financial, operational, and planning decisions[58] - The preliminary unaudited financial results are subject to change and do not represent a comprehensive statement of the company's annual audited financial results for 2025[28]
OneWater(ONEW) - 2026 Q1 - Quarterly Results
2026-01-29 12:09
Revenue Performance - Revenue for fiscal first quarter 2026 was $380.6 million, an increase of 1.3% compared to $375.8 million in fiscal first quarter 2025[4] - New boat revenue decreased by 5.9% to $233.3 million, while pre-owned boat revenue increased by 24.0% to $70.4 million[4] - The company expects total revenue for fiscal full-year 2026 to be in the range of $1.83 billion to $1.93 billion[10] Profitability - Gross profit totaled $89.4 million, up $5.3 million from $84.1 million, with a gross profit margin of 23.5%, an increase of 110 basis points year-over-year[5] - Net loss for fiscal first quarter 2026 was $(7.7) million, compared to a net loss of $(13.6) million in the same period last year[7] - Adjusted EBITDA increased 88.9% to $3.6 million compared to $1.9 million for fiscal first quarter 2025[8] - Adjusted EBITDA for the trailing twelve months ended December 31, 2025, was $71.808 million, reflecting an increase from $1.907 million in the previous year[20] - Adjusted Net Income (Loss) attributable to OneWater Marine Inc. is calculated by excluding transaction costs and other unusual expenses, providing a clearer view of operational performance[28] Inventory and Debt Management - Total inventory as of December 31, 2025, decreased to $601.5 million from $636.7 million on December 31, 2024, reflecting disciplined inventory management[9] - As of December 31, 2025, total long-term debt was $399.4 million, with adjusted long-term net debt at 5.1 times trailing twelve-month Adjusted EBITDA[9] - Long-term debt, including the current portion, stood at $399.351 million, with adjusted long-term net debt calculated at $367.117 million after accounting for cash[20] - The pro forma adjusted net debt leverage ratio was reported at 5.1x, indicating the company's financial leverage position[20] Strategic Initiatives - The company plans to divest certain Distribution segment assets, with assets held for sale totaling $52.8 million at quarter-end[8] - OneWater Marine operates 95 retail locations and 8 distribution centers across 18 states, positioning itself as a leading premium marine retailer in the U.S.[21] - The company emphasizes diversified revenue streams, including sales of new and pre-owned boats, finance and insurance products, and maintenance services[21] Market Conditions and Risks - Same-store sales are used to assess organic growth in the Dealership segment, excluding new and acquired stores until they reach their thirteenth month of operations[31] - The company faces risks including changes in demand, supply chain challenges, and geopolitical factors that could impact financial performance[23] - Forward-looking statements indicate management's expectations regarding future revenue and growth, though these are subject to uncertainties and risks[22]
Comcast(CMCSA) - 2025 Q4 - Annual Results
2026-01-29 12:08
PRESS RELEASE COMCAST REPORTS 4th QUARTER 2025 RESULTS PHILADELPHIA - January 29, 2026… Comcast Corporation (NASDAQ: CMCSA) today reported results for the quarter and year ended December 31, 2025. "2025 was a year of meaningful progress as we made decisive changes to position the company for long-term, sustainable growth," said co-CEOs Brian L. Roberts and Mike Cavanagh. "It was also our best year ever in wireless, with 1.5 million net line additions and more than 9 million total lines, clear evidence of th ...
Sherwin-Williams(SHW) - 2025 Q4 - Annual Results
2026-01-29 12:08
Financial Performance - Consolidated Net sales increased 2.1% year-over-year to $23.57 billion, with Paint Stores Group sales growth led by protective & marine, residential repaint, and commercial segments [6]. - Adjusted diluted net income per share increased by 0.9% to $11.43, while diluted net income per share decreased by 2.7% to $10.26 for the full year 2025 [6]. - Net income for the year ended December 31, 2025, was $2,568.5 million, compared to $2,681.4 million in 2024, reflecting a decrease of 4.2% [29]. - The company reported a diluted net income per share of $10.26 for the year ended December 31, 2025, down from $10.55 in 2024 [29]. - Diluted net income per share for the year ended December 31, 2025, is projected to be between $10.70 and $11.10, with an adjusted diluted net income per share of $11.50 to $11.90 [38]. - The company reported a total EBITDA of $4,480.1 million for the year ended December 31, 2025, with an adjusted EBITDA of $4,608.9 million [40]. Sales and Revenue Growth - The Paint Stores Group reported net sales of $3.127 billion, a 2.7% increase, with same-store sales change of 1.0% [11]. - Consumer Brands Group net sales increased by 24.5% to $824.7 million, driven by the Suvinil acquisition and favorable foreign currency translation [12]. - Performance Coatings Group net sales increased by 3.3% to $1.642 billion, with segment profit rising by 6.8% [14]. - Net sales for Q4 2025 reached $5,595.9 million, a 5.6% increase from $5,297.2 million in Q4 2024 [29]. - The Paint Stores Group generated $3,127.1 million in net sales for Q4 2025, up from $3,044.9 million in Q4 2024 [31]. - The Consumer Brands Group's net sales for Q4 2025 were $824.7 million, a significant increase from $662.2 million in Q4 2024 [31]. Cash Flow and Shareholder Returns - Free cash flow conversion in the fourth quarter was 90.1%, with net operating cash growing 9% to $3.5 billion, representing 14.6% of net sales [4][6]. - The company returned $2.4 billion to shareholders through share repurchases and dividends, marking the 47th consecutive year of dividend increases [8]. - The company declared cash dividends of $789.8 million for the year ended December 31, 2025, compared to $723.4 million in 2024 [42]. Assets and Liabilities - Total assets increased to $25,901.7 million in 2025 from $23,632.6 million in 2024, marking a 9.6% growth [34]. - Current liabilities rose to $6,920.3 million in 2025, compared to $6,808.7 million in 2024 [34]. - Long-term debt increased to $9,320.7 million in 2025 from $8,176.8 million in 2024, indicating a 14.0% rise [34]. Store Expansion and Restructuring - The Paint Stores Group added 80 net new stores in 2025, bringing the total to 4,853 stores [42]. - The Consumer Brands Group experienced a net loss of 27 stores in 2025, maintaining a total of 307 stores [42]. - The Performance Coatings Group had a net loss of 7 branches, resulting in a total of 317 branches [42]. - The company incurred $111.0 million in severance and other restructuring expenses for the year ended December 31, 2025 [40]. Future Outlook - For 2026, the company expects diluted net income per share guidance in the range of $10.70 to $11.10, including acquisition-related amortization expense of $0.80 per share [6][20]. - The company anticipates a continuation of softer demand conditions into the second half of 2026, while aiming to outperform the market through innovative solutions [20].
West Bancorporation(WTBA) - 2025 Q4 - Annual Results
2026-01-29 12:07
Financial Performance - The Company reported 2025 net income of $32.6 million, or $1.92 per diluted common share, compared to $24.1 million, or $1.42 per diluted common share in 2024[1]. - Net income for the fourth quarter of 2025 was $7.4 million, or $0.43 per diluted common share, down from $9.3 million, or $0.55 per diluted common share in the third quarter of 2025[1]. - Net income for the year ended December 31, 2025, was $32,560,000, an increase of 35.5% compared to $24,050,000 in 2024[19]. - Basic earnings per common share increased to $1.92 in 2025 from $1.43 in 2024, reflecting a growth of 34.3%[19]. - Earnings per common share (diluted) for Q4 2025 was $0.43, compared to $0.55 in Q3 2025[12]. - Basic earnings per common share for the quarter ended December 31, 2025, was $0.44, a decrease from $0.55 in the previous quarter[18]. Deposits and Loans - Deposits increased by $162.0 million, or 4.9 percent, in the fourth quarter of 2025, with a total of $154.6 million in brokered deposits[4]. - Total deposits increased to $3,468,470 as of December 31, 2025, up 4.9% from $3,306,517 on September 30, 2025[17]. - Loans totaled $3,001,690 thousand in Q4 2025, slightly down from $3,008,888 thousand in Q3 2025[16]. - Total loans as of December 31, 2025, amounted to $3,001,690, a slight decrease of 0.3% from $3,008,888 on September 30, 2025[17]. - Net loans stood at $2,971,165 as of December 31, 2025, compared to $2,978,373 on September 30, 2025, reflecting a decrease of 0.2%[17]. Interest Income and Margin - The net interest margin for the fourth quarter of 2025 was 2.47 percent, up from 2.36 percent in the third quarter of 2025, with net interest income rising to $24.2 million[4]. - Net interest margin improved to 2.47% in Q4 2025 compared to 2.36% in Q3 2025[12]. - Total interest income for the year ended December 31, 2025, was $192,225,000, an increase of 1.1% from $190,066,000 in 2024[19]. - Net interest income after credit loss expense rose to $88,981,000 in 2025, compared to $70,362,000 in 2024, reflecting a significant increase of 26.6%[19]. - The net interest margin on a FTE basis for the year was 2.35%, up from 1.91% in 2024, showing an improvement of 23%[22]. Efficiency and Ratios - The efficiency ratio improved to 50.21 percent in the fourth quarter of 2025, compared to 54.06 percent in the third quarter of 2025[8]. - The efficiency ratio improved to 50.21% in Q4 2025 from 54.06% in Q3 2025[12]. - The efficiency ratio on an adjusted and FTE basis improved to 54.11% in 2025 from 63.25% in 2024, indicating enhanced operational efficiency[22]. - The total risk-based capital ratio increased to 12.77% in Q4 2025 from 12.54% in Q3 2025[12]. - The tangible common equity ratio was 6.42 percent as of December 31, 2025, compared to 6.40 percent at September 30, 2025[8]. Credit Quality - The Company recorded no credit loss expense in 2025, compared to $1.0 million in 2024, reflecting strong credit quality[8]. - The allowance for credit losses remained stable at $30,525 as of December 31, 2025, compared to $30,515 on September 30, 2025[17]. - Watch list loans increased from $38.7 million to $52.2 million from September 30, 2025, to December 31, 2025, primarily due to one commercial real estate loan[4]. Stock Performance - The closing stock price rose to $22.19 in Q4 2025 from $20.32 in Q3 2025[12]. Future Reporting - The Company plans to file its report on Form 10-K with the SEC on or before February 26, 2026, for a more detailed discussion of financial results[7].
1-800-FLOWERS.COM(FLWS) - 2026 Q2 - Quarterly Results
2026-01-29 12:06
Revenue Performance - Total consolidated revenues for Q2 Fiscal 2026 decreased by 9.5% to $702.2 million compared to the prior year period[3]. - Total net revenues for the three months ended December 28, 2025, were $702,179,000, a decrease of 9.4% compared to $775,492,000 for the same period in 2024[23]. - E-Commerce revenues were $595,666,000 for the three months ended December 28, 2025, down 12.1% from $677,326,000 in the prior year[23]. - For the six months ended December 28, 2025, total net revenues were $917,379, a decrease of 9.8% from $1,017,582 in the same period of 2024[29]. - Gourmet Foods & Gift Baskets segment revenues declined by 3.8% to $499.0 million, with a gross profit margin of 42.3%[7]. - Consumer Floral & Gifts segment revenues decreased by 22.7% to $181.2 million, with a gross profit margin of 40.1%[7]. - BloomNet segment revenues decreased by 3.1% to $22.1 million, maintaining a gross profit margin of 50.9%[7]. Profitability Metrics - Net income for the quarter was $70.6 million, or $1.10 per diluted share, up from $64.3 million, or $1.00 per share, in the prior year[3]. - Adjusted net income was $76.7 million, or $1.20 per diluted share, compared to $69.2 million, or $1.08 per share, in the prior year[7]. - Net income for the three months ended December 28, 2025, was $70,553,000, an increase of 9.3% compared to $64,348,000 for the same period in 2024[30]. - Adjusted net income (non-GAAP) for the three months ended December 28, 2025, was $76,661,000, up from $69,180,000 in the prior year, reflecting a growth of 10.5%[30]. - Basic net income per share for the three months ended December 28, 2025, was $1.11, compared to $1.01 for the same period in 2024, marking a 9.9% increase[30]. - Diluted adjusted net income per share (non-GAAP) for the three months ended December 28, 2025, was $1.20, up from $1.08 in the prior year, reflecting an increase of 11.1%[30]. Operating Expenses and EBITDA - Adjusted EBITDA for the quarter was $98.1 million, down from $116.3 million in the prior year period[7]. - Adjusted EBITDA (non-GAAP) for the three months was $98,118, down 15.6% from $116,278 in the previous year[27]. - Adjusted EBITDA (non-GAAP) for the six months was $65,171, down 26.2% from $88,332 in the prior year[29]. - Operating expenses decreased by $23.4 million to $221.1 million, primarily due to lower marketing and labor costs[3]. - The Corporate segment reported a significant EBITDA loss of $(34,363) for the three months, compared to a loss of $(28,976) in the previous year, reflecting an 18.6% increase in losses[27]. Cash Flow and Capital Structure - Cash and cash equivalents increased to $193,337,000 as of December 28, 2025, from $46,502,000 at the beginning of the period[25]. - Net cash provided by operating activities for the six months ended December 28, 2025, was $170,909,000, an increase from $151,307,000 in the same period of 2024[25]. - Total assets rose to $893,060,000 as of December 28, 2025, compared to $772,617,000 as of June 29, 2025[21]. - Total liabilities increased to $603,359,000 as of December 28, 2025, from $504,335,000 as of June 29, 2025[21]. - Free cash flow for the six months ended December 28, 2025, was $156,619,000, an increase from $128,284,000 in the same period of 2024, representing a growth of 22.1%[34]. Future Outlook - For the second half of Fiscal Year 2026, the company expects revenue to decline in the low double-digit range[5]. - The company aims to transform into a customer-centric, data-driven organization to fuel future growth[4]. Other Financial Metrics - Gross profit for the six months ended December 28, 2025, was $372,228,000, representing a decline of 12.9% from $427,912,000 in the same period of 2024[23]. - Operating income for the three months ended December 28, 2025, was $74,325,000, a decrease of 18.4% compared to $91,077,000 in the prior year[23]. - Gross profit for the same period was $295,466, representing a 12.5% decline from $335,593 in the prior year[27]. - Total gross profit margin for the three months was 42.1%, down from 43.3% in the previous year[27]. - Capital expenditures for the six months ended December 28, 2025, were $14,290,000, down from $23,023,000 in the same period of 2024[34]. - The company incurred restructuring costs/severance of $6,079,000 for the three months ended December 28, 2025[31]. - System implementation costs added $6,307,000 to the adjusted EBITDA for the three months ended December 28, 2024[31]. - Weighted average diluted shares for the three months ended December 28, 2025, were 63,965,000, compared to 64,306,000 for the same period in 2024[30].