Fastenal Company and RFK Racing Announce Body Guard Brand as Primary Focus of Partnership
Businesswire· 2026-02-09 14:00
Fastenal Company and RFK Racing Announce Body Guard Brand as Primary Focus of PartnershipFeb 9, 2026 9:00 AM Eastern Standard Time# Fastenal Company and RFK Racing Announce Body Guard Brand as Primary Focus of PartnershipShare---WINONA, Minn. & CONCORD, N.C.--([BUSINESS WIRE])-- [Fastenal Company](NASDAQ: FAST), a leading distributor of industrial and construction supplies, is launching a significant evolution to its partnership with RFK Racing. The iconic Fastenal blue paint scheme will be replaced with th ...
Gold futures once again reclaim $5,000 mark
MarketWatch· 2026-02-09 13:59
Group 1 - Gold futures experienced an increase on Monday, driven by the volatility of the yellow metal amid overseas uncertainties [1]
ODDITY Tech Ltd. (ODD) Fell on Investors’ Concerns
Yahoo Finance· 2026-02-09 13:58
Core Insights - The Baron Small Cap Fund experienced a decline of 1.56% in Q4 2025, underperforming the Russell 2000 Growth Index, which gained 1.22% during the same period. For the entire year, the fund returned -0.66%, trailing the index by 13.67 percentage points, indicating weak performance both absolutely and relatively [1]. Group 1: Fund Performance - The Baron Small Cap Fund's performance in Q4 2025 was negative, with a decline of 1.56% compared to a gain of 1.22% for the Russell 2000 Growth Index [1]. - The fund's annual return for 2025 was -0.66%, significantly underperforming the index by 13.67 percentage points [1]. - Large-cap growth stocks continued to lead the market for the third consecutive year, suggesting a concentrated leadership trend [1]. Group 2: Oddity Tech Ltd. Analysis - Oddity Tech Ltd. (NASDAQ:ODD) was highlighted as a leading detractor for the Baron Small Cap Fund, with a one-month return of -14.31% and a 12-month decline of 28.64%, resulting in a market capitalization of approximately $1.73 billion [2]. - The company aims to transform the beauty and wellness market through proprietary technology for online sales, but faced stock declines due to investor concerns about category weakness and potential deceleration in its largest brand, Il Makiage [3]. - Oddity Tech Ltd. is launching a new platform, MethodIQ, which requires significant upfront marketing investment, adding uncertainty to its financial outlook [3]. Group 3: Hedge Fund Interest - Oddity Tech Ltd. was held by 31 hedge fund portfolios at the end of Q3 2025, a decrease from 36 in the previous quarter, indicating a decline in popularity among hedge funds [4]. - Despite its potential, the company is viewed as less favorable compared to certain AI stocks that are believed to offer greater upside potential and lower downside risk [4].
Under Armour widens loss outlook as tariffs bite
Yahoo Finance· 2026-02-09 13:57
Core Viewpoint - Under Armour reported a decline in third-quarter revenue and a worsened full-year loss outlook, attributing these issues to weaker demand in North America and increased US tariffs [1][5]. Financial Performance - Net revenue for Q3 2025 decreased by 5% year-on-year to $1.33 billion, or 6% lower on a currency-neutral basis [1] - The company experienced a quarterly net loss of $431 million, which included a $247 million valuation allowance related to US federal deferred tax assets [1] - Adjusted net income for the quarter was $37 million [1] Sales Breakdown - Wholesale sales fell by 6% to $660 million, while direct-to-consumer revenue dropped by 4% to $647 million, with online sales down by 7% [2] - Apparel revenue decreased by 3% to $934 million, footwear revenue declined by 12% to $265 million, and accessories revenue fell by 3% to $108 million [2] Cost and Margin Analysis - Gross margin contracted by 310 basis points to 44.4%, primarily due to tariffs, pricing pressures, and an unfavorable sales mix [2] - Selling, general and administrative (SG&A) costs rose by 4% to $665 million, largely due to a $99 million litigation reserve and $3 million in restructuring-related expenses [3] - On an adjusted basis, SG&A expenses fell by 7% [3] Regional Performance - North America revenue dropped by 10% to $757 million, partially offset by a 3% increase in international revenue, with EMEA up by 6% and Latin America up by 20% [4] - Revenue in the Asia Pacific region declined by 5% [4] Inventory and Cash Position - Inventory decreased by 2% to $1.1 billion, with the company ending the quarter with $465 million in cash and $600 million in restricted investments for upcoming debt repayments [4] Full-Year Outlook - For the full year, Under Armour expects revenue to decline by 4% and forecasts an operating loss of $154 million, compared to earlier guidance of a $56 million to $71 million loss [5] - Adjusted operating income is projected to be near $110 million, with diluted loss per share expected to be between $1.24 and $1.25 [5]
Canopy Growth Reports In-Line Q3, But Q4 Remains Positive Despite Weak Sector (NASDAQ:CGC)
Seeking Alpha· 2026-02-09 13:57
Canopy Growth Corporation ( CGC ) reported in-line financial results last Friday. Revenues were strong, but the company had an overall net loss. The company is set to acquire MTL Cannabis, which will boost revenues and valuation. TheWelcome to the home of The Cannabis Report. I cover the cannabis sector and other sectors. I am most interested in technical stock analysis, option strategies, small cap strategies, and emerging markets. Feel free to contact me with any questions about publicly traded stocks in ...
Crown Crafts' Manhattan Toy® Relaunches Groovy Girls, Blending Nostalgic Charm with Modern Trends
Globenewswire· 2026-02-09 13:57
Core Viewpoint - Crown Crafts, Inc. is reintroducing its Manhattan Toy® brand's Groovy Girls collection, featuring new designs and diverse characters aimed at promoting confidence, creativity, and inclusive play for children [1][2]. Product Overview - The Groovy Girls collection includes five unique dolls: Rose, Saige, Poppy, Iris, and Daisy, each designed with distinct styles and personalities, priced at $29.99 each, targeting children aged 3 to 6 [3][5]. - The dolls are designed to reflect modern diversity and creativity while maintaining the original brand's playful essence [2][3]. Marketing and Launch - The new collection will debut at the North American International Toy Fair from February 14-17, 2026, at Javits Center, with media appointments available through the Vice President of Marketing [7]. - The collection will also feature a range of outfits and accessories that encourage creative play, including pets, camping gear, and furniture, all designed to be compatible with the dolls [6]. Company Background - Crown Crafts, Inc. is a significant player in the infant and juvenile consumer products market, with a history dating back to 1957, and operates through subsidiaries like NoJo Baby & Kids, Inc. and Sassy Baby, Inc. [9]. - The company focuses on designing, marketing, and distributing a variety of products, including toys and bedding, and sells directly to various retail channels [9].
Canopy Growth Reports In-Line Q3, But Q4 Remains Positive Despite Weak Sector
Seeking Alpha· 2026-02-09 13:57
Core Insights - Canopy Growth Corporation (CGC) reported financial results that were in line with expectations, showing strong revenues but an overall net loss [1] Financial Performance - The company experienced strong revenue generation, although it still reported a net loss [1] Strategic Developments - Canopy Growth is set to acquire MTL Cannabis, which is expected to enhance both revenues and overall company valuation [1]
Crown Crafts’ Manhattan Toy® Relaunches Groovy Girls, Blending Nostalgic Charm with Modern Trends
Globenewswire· 2026-02-09 13:57
Core Insights - Crown Crafts, Inc. is reintroducing its Manhattan Toy® brand's Groovy Girls collection, featuring new designs and diverse characters aimed at children and parents who fondly remember the original dolls [1][2] Product Overview - The Groovy Girls collection includes five unique dolls: Rose, Saige, Poppy, Iris, and Daisy, each designed with distinct personalities and styles, priced at $29.99 each, targeting children aged 3 to 6 [3][5] - The dolls maintain their original soft, huggable form while incorporating modern elements such as vibrant hairstyles and fashionable outfits [2][3] - The collection will also feature a range of outfits and accessories designed for interactive play, including pets, camping gear, and furniture, with magnetic features compatible with the dolls [6] Marketing and Launch - The new collection will debut at the North American International Toy Fair from February 14-17, 2026, at the Javits Center in New York [7] - The marketing strategy emphasizes diversity, creativity, and the playful essence that made Groovy Girls popular, appealing to both children and Millennial and Gen Z parents [3][2] Company Background - Crown Crafts, Inc. is a significant player in the infant and juvenile consumer products market, with a history dating back to 1957, and operates through subsidiaries like NoJo Baby & Kids, Inc. and Sassy Baby, Inc. [9]
Moderna to Report Q4 Earnings: Is a Beat in Store for the Stock?
ZACKS· 2026-02-09 13:55
Key Takeaways Moderna is expected to beat Q4 estimates, with sales projected at $661.4M and a loss of $2.60 per share.COVID-19 vaccines are expected to drive most sales, while the RSV vaccine mResvia faces tough competition.Investors await updates on intismeran studies and FDA resubmission plans for the COVID-flu combo vaccine.We expect Moderna (MRNA) to surpass expectations when it reports fourth-quarter and full-year 2025 results on Feb. 13, before the opening bell. The company’s earnings beat estimates b ...
7 Smart Money Moves Fidelity Says Will Make Retirement More Comfortable
Yahoo Finance· 2026-02-09 13:55
Most Americans think of retirement as a time when they can finally hang up their work boots and enjoy a life of leisure, whether that consists of traveling, spending more time with family or pursuing other personal dreams and goals. But the reality of higher living expenses and low overall savings can make retirement a difficult stretch for many. To help alleviate these concerns, Fidelity created a list of major money moves people can use to make their retirement more financially comfortable. Here’s a l ...