European Wax Center, Inc. to Report Second Quarter Fiscal Year 2025 Financial Results on August 13th
Globenewswire· 2025-07-30 20:30
PLANO, Texas, July 30, 2025 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (NASDAQ: EWCZ), the leading franchisor and operator of out-of-home waxing services in the United States, today announced that it plans to report second quarter fiscal 2025 financial results before the market opens on Wednesday, August 13, 2025. Following the release, the Company’s management will host a conference call at 8:00 a.m. ET/7:00 a.m. CT to review the results. To access the conference call dial-in information, analysts shoul ...
Stallion Uranium Announces Closing of Transaction with Resolution Minerals Ltd.
Globenewswire· 2025-07-30 20:30
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, July 30, 2025 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the “Company” or “Stallion”) (TSX-V: STUD; OTCQB: STLNF; FSE: FE0) is pleased to announce that, further to its news release of July 4th, 2025, Resolution Minerals Ltd. (“RML”) has completed its acquisition of 1503571 B.C. Ltd. (“150 BC”). "We’re very pleased with the outcome of this transaction,” stated Matthew Schwab, CEO of Stallion Ur ...
Coherent Corp. Announces Timing of FY2025 Fourth-Quarter and Fiscal Year-End Earnings Release
Globenewswire· 2025-07-30 20:30
SAXONBURG, Pa., July 30, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR) (the “Company”) announced today that it will release its financial results for the quarter and fiscal year ended June 30, 2025, on Wednesday, August 13, after the New York Stock Exchange closes. The release will be followed by a live audio webcast at 5:00 p.m. ET to discuss the results. The Company invites investors to join the live audio webcast at coherent.com/company/ investor-relations/financial-webcasts. The webcast will be r ...
AYR Wellness Enters Into Restructuring Support Agreement with Senior Noteholders
Globenewswire· 2025-07-30 20:30
MIAMI, July 30, 2025 (GLOBE NEWSWIRE) -- AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR”) together with its affiliates and subsidiaries (collectively the “Company”), a leading vertically integrated U.S. multi-state cannabis operator, today entered into a Restructuring Support Agreement (the “RSA”) with an ad hoc committee (the “Ad Hoc Committee”) of its consenting senior noteholders (the “Consenting Senior Noteholders”) holding a supermajority of senior notes issued pursuant to AYR’s Amended and Restate ...
STERIS Raises Dividend to $0.63 per share
Globenewswire· 2025-07-30 20:30
DUBLIN, IRELAND, July 30, 2025 (GLOBE NEWSWIRE) -- STERIS plc (NYSE: STE) (“STERIS” or the “Company”) announced today that the Company will distribute a quarterly interim dividend of $0.63 per share. This represents a $0.06 increase in the dividend and the Company’s 20th consecutive year of dividend growth. The dividend is payable on September 26, 2025, to shareholders of record at the close of business on September 4, 2025. Additional information about the U.S. tax treatment of dividends, including requir ...
Sun Communities Reports Results for the Second Quarter and First Six Months of 2025
Globenewswire· 2025-07-30 20:29
Financial Performance - For the quarter ended June 30, 2025, net income attributable to common shareholders was $1.3 billion, or $10.02 per diluted share, compared to $52.1 million, or $0.42 per diluted share for the same period in 2024 [7] - Core Funds from Operations (Core FFO) for the quarter was $1.76 per share, down from $1.86 in the same period of 2024 [7] - North America Same Property Net Operating Income (NOI) for manufactured housing (MH) and recreational vehicle (RV) increased by 4.9% year-over-year [7][8] Operational Highlights - North America Same Property adjusted blended occupancy for MH and RV increased by 150 basis points to 99.0% at June 30, 2025, from 97.5% at June 30, 2024 [9] - The number of MH and annual RV revenue-producing sites increased by approximately 460 sites during the quarter [8] - UK Same Property NOI increased by 10.2% for the quarter ended June 30, 2025, compared to the same period in 2024 [7] Capital Management - The company returned over $830 million to shareholders, including special cash distributions and share repurchases [7] - A one-time special cash distribution of $4.00 per common share was paid, totaling $521.3 million [14] - The company repurchased approximately 1.6 million shares at an average cost of $124.03 per share for a total of $202.8 million during the quarter [15] Strategic Developments - The company completed the sale of Safe Harbor Marinas, generating approximately $5.25 billion in pre-tax cash proceeds and a book gain of $1.4 billion [12] - The company is transitioning to a pure-play owner and operator of manufactured housing and RV communities, enhancing financial flexibility and shareholder value [5] - Charles D. Young has been appointed as the new CEO, effective October 1, 2025, succeeding Gary A. Shiffman [17] Guidance Updates - The company raised its full-year 2025 Core FFO per share guidance to a range of $6.51 to $6.67 [7] - North American Same Property NOI growth guidance has been increased to a range of 3.9% to 5.6% [7] - UK Same Property NOI growth guidance has been updated to a range of 1.3% to 3.3% [7]
Oxbridge / SurancePlus to Attend Rare Evo 2025 in Las Vegas
Globenewswire· 2025-07-30 20:27
GRAND CAYMAN, Cayman Islands, July 30, 2025 (GLOBE NEWSWIRE) -- Oxbridge Re Holdings Limited (Nasdaq: OXBR) (“Oxbridge Re”), a leader in digitizing reinsurance securities as tokenized real-world assets (RWAs), together with its subsidiary SurancePlus, today announced its participation in Rare Evo 2025, a premier blockchain convention held August 6–10, 2025 at Caesars Palace in Las Vegas, Nevada. Rare Evo brings together blockchain projects, industry leaders, investors, and developers in a celebration of dec ...
Black Hills Corp. Reaffirms 2025 Earnings Guidance and Reports 2025 Second-Quarter Results
Globenewswire· 2025-07-30 20:26
Financial Performance - Black Hills Corp. reported operating income of $82.5 million for Q2 2025, up from $70.6 million in Q2 2024, and net income available for common stock increased to $27.5 million from $22.8 million in the same period [1][19] - Earnings per share (EPS) for Q2 2025 were $2.24, compared to $0.38 in Q2 2024, reflecting a significant increase due to new rates and rider recovery, despite higher operating expenses [1][19] - For the first half of 2025, the company achieved net income of $161.7 million, up from $150.6 million in the first half of 2024 [1][21] Growth Initiatives - The company is executing a $1 billion capital plan for 2025 to support long-term growth and maintain solid financial credit metrics [2] - Key projects include the $350 million Ready Wyoming electric transmission project, expected to be completed by year-end 2025, and the $280 million Lange II generation project in South Dakota, planned to be operational in the second half of 2026 [3][10] - The company anticipates that data centers will contribute over 10% of EPS by 2028, driven by ongoing construction of Meta's new data center in Wyoming [3] Regulatory Developments - Black Hills Corp. reaffirmed its 2025 earnings guidance range of $4.00 to $4.20 per share, based on favorable regulatory outcomes and operational stability [5][10] - The company received approval for new rates at Kansas Gas, providing an additional $10.8 million in annual revenues, and a certificate for a 99-megawatt generation project in South Dakota [5][10] Operational Highlights - Wyoming Electric recorded an all-time peak load of 379 megawatts, reflecting a 21% increase over the previous year's peak, marking 19 consecutive years of rising electric demand [6][5] - The establishment of an Emergency Public Safety Power Shutoff program aims to enhance customer safety and mitigate wildfire risks across all electric utilities [6] Dividend and Share Issuance - The board of directors approved a quarterly dividend of $0.676 per share, marking 55 consecutive years of dividend increases, the second-longest track record in the industry [10] - In Q2 2025, the company issued 0.3 million shares for net proceeds of $20 million, totaling 1.1 million shares for $65 million year-to-date [10]
Kandal M Venture Limited Announces Financial Results, including Higher Revenues and Gross Profits, for Full Year Fiscal Year Ended March 31, 2025
Globenewswire· 2025-07-30 20:25
Core Viewpoint - Kandal M Venture Limited has reported significant growth in revenue and completed a successful IPO, marking a new phase of growth and global recognition for the company [2][3]. Financial Performance - Revenue increased by US$3,214,934 or approximately 23.0%, from US$13,971,743 for the year ended March 31, 2024 to US$17,186,677 for the year ended March 31, 2025, driven by growth in handbag sales and recovery in the global handbag market [4]. - Cost of sales rose by US$3,224,831 or approximately 30.4%, from US$10,604,640 to US$13,829,471 during the same period [5]. - Gross profit decreased by US$9,897 or approximately 0.3%, from US$3,367,103 to US$3,357,206, with a gross profit margin decline of approximately 4.6 percentage points, from 24.1% to 19.5% [6]. - Selling and distribution expenses remained stable at approximately 1.7% of revenue for 2024 and approximately 1.8% for 2025 [7]. - Professional services fees surged by US$822,461 or approximately 1,094.5%, from US$75,147 to US$897,608, primarily due to one-off IPO-related expenses [8][9]. - Net income decreased by US$909,859 or approximately 81.3%, from US$1,119,532 to US$209,673, attributed to increased cost of goods sold and one-off IPO expenses [12]. Cash Flow and Operating Activities - The company generated net cash from operating activities of US$2,134,565 for the year ended March 31, 2025, mainly from net profit of US$228,954 [11]. - Cash inflow was primarily from sales, while cash outflow was mainly for raw material purchases, staff costs, and other operating expenses [10]. IPO and Market Presence - The company completed its IPO on June 25, 2025, selling 2,000,000 Class A ordinary shares at a price of $4.00 per share, with total gross proceeds reaching $9.2 million after the over-allotment option [2][3]. - The IPO marks a significant milestone as the company aims to expand its global presence and enhance production and design capabilities [3]. Company Overview - Kandal M Venture Limited is a contract manufacturer of affordable luxury leather goods, primarily handbags, with manufacturing operations in Cambodia [13].
Pathfinder Bancorp, Inc. Announces Second Quarter 2025 Results
Globenewswire· 2025-07-30 20:24
Core Insights - Pathfinder Bancorp reported a significant decline in net income for the second quarter of 2025, with net income attributable to common shareholders at $31,000, down from $3.0 million in the previous quarter and $2.0 million in the same quarter last year [2][21] - The company undertook proactive measures to mitigate credit risk, including the sale of $9.3 million in nonperforming and classified loans, which resulted in a pre-tax loss of $3.1 million [7][11] - Nonperforming loans decreased to $11.7 million, representing 1.28% of total loans, showing improvement from 1.45% in the previous quarter and 2.76% a year ago [27][30] Financial Performance - Net interest income for the second quarter of 2025 was $10.8 million, a decrease of 5.2% from the first quarter, but an increase of 14.1% from the second quarter of 2024 [5][9] - The net interest margin (NIM) was 3.11%, down from 3.31% in the first quarter of 2025, but up from 2.78% in the second quarter of 2024 [8][10] - Total deposits were $1.22 billion, a decrease from $1.26 billion in the previous quarter, but an increase of 11.0% from the same period last year [24][32] Asset Quality - The company recorded net charge-offs of $2.6 million, with a provision for credit loss expense of $1.2 million in the second quarter of 2025 [28][29] - The Allowance for Credit Losses (ACL) was $16.0 million, representing 1.76% of total loans, down from 1.91% in the previous quarter [30] - The efficiency ratio improved to 65.66%, compared to 67.19% in the linked quarter and 74.36% in the year-ago period, indicating better management of non-interest expenses [20] Liquidity and Capital - The company maintained a strong liquidity profile with total assets of $1.51 billion as of June 30, 2025, compared to $1.50 billion in the previous quarter [22] - Core deposits increased to 78.47% of total deposits, up from 78.31% in the previous quarter and 67.98% a year ago, reflecting a focus on low-cost funding [32] - Shareholders' equity totaled $124.4 million, a slight decrease from the previous quarter but an increase from the same period last year [25] Dividend Declaration - The Board of Directors declared a cash dividend of $0.10 per share, scheduled for disbursement on August 8, 2025, with an annualized dividend yield of 2.61% based on the closing stock price of $15.34 as of June 30, 2025 [35][36]