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Hanesbrands Looks Undervalued With 2025 Guidance Increase And Transformative Initiatives
Seeking Alpha· 2025-08-13 00:31
Core Insights - Hanesbrands Inc. reported better than expected EPS GAAP figures, enhancing its 2025 revenue guidance, and promising margin improvements and further net debt reductions [1] Financial Performance - The company has shown a positive trend in its earnings per share (EPS) under GAAP, indicating stronger financial performance than anticipated [1] - The revenue guidance for 2025 has been upgraded, suggesting confidence in future sales growth [1] Strategic Initiatives - Hanesbrands is committed to improving its profit margins, which could enhance overall profitability [1] - The company plans to further reduce its net debt, indicating a focus on strengthening its balance sheet [1]
Osisko Development Reports Second Quarter 2025 Results
GlobeNewswire News Room· 2025-08-13 00:30
Core Insights - Osisko Development Corp. reported its financial and operational results for Q2 2025, highlighting significant developments in its Cariboo Gold Project and other projects [1][2]. Financial Performance - The company had approximately CAD 46.3 million in cash and cash equivalents as of June 30, 2025 [6]. - Revenues for Q2 2025 were CAD 6.9 million, compared to CAD 2.6 million in Q2 2024, with a cost of sales of CAD 4.1 million [6]. Cariboo Gold Project - The 2025 Feasibility Study (FS) for the Cariboo Gold Project indicates a net present value (NPV) of CAD 943 million at a gold price of USD 2,400 per ounce, with an internal rate of return (IRR) of 22.1% [4][6]. - The project is expected to produce an average of 190,000 ounces of gold annually over a 10-year mine life, totaling 1.89 million ounces [6]. - The average all-in sustaining cost (AISC) is projected at USD 1,157 per ounce [4]. Tintic Project - The Tintic Project remains in care and maintenance, with limited activities expected to continue [8][6]. - The company is evaluating options for the next steps at the Tintic Project while focusing on the Cariboo Gold Project [6]. Strategic Developments - The company has entered into a credit agreement for a senior secured project loan credit facility totaling USD 450 million for the Cariboo Gold Project [15]. - A private placement is expected to generate approximately USD 195 million, which will support the development of the Cariboo Gold Project [16]. Upcoming Milestones - Key upcoming expenditures for the Cariboo Gold Project include CAD 3.1 million for underground development and CAD 5.9 million for Bonanza Ledge construction, both expected to be completed in Q4 2025 [11][12]. Operational Updates - A small-scale heap leach project at the Tintic Project sold 1,393 gold ounces in Q2 2025, with operations anticipated to continue into Q4 2025 [6][8]. - The company has completed a 13,000-meter infill drill program to inform resource modeling and mine planning [6]. Corporate Governance - Ms. Susan Craig was appointed as an independent director to the company's board on June 16, 2025 [6]. Technical Reports - The 2025 FS was prepared in accordance with NI 43-101 standards and outlines strong economic indicators for the Cariboo Gold Project [6][19].
Meritage Hospitality Group Inc. (MHGU) Reports Q2 Loss, Lags Revenue Estimates
ZACKS· 2025-08-13 00:20
Meritage Hospitality Group Inc. (MHGU) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of $0.54. This compares to earnings of $0.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -107.41%. A quarter ago, it was expected that this company would post a loss of $0.51 per share when it actually produced a loss of $0.73, delivering a surprise of -43.14%.Over the last four quarters, the company ...
KLC INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against KinderCare Learning Companies, Inc. and Announces Opportunity for Investors with Substantial Losses to Lead the KinderCare Class Action Lawsuit
GlobeNewswire News Room· 2025-08-13 00:11
Core Points - The KinderCare Learning Companies, Inc. is facing a class action lawsuit related to its October 2024 IPO, with a deadline for lead plaintiff applications set for October 14, 2025 [1][2] - The lawsuit alleges that the IPO registration statement was misleading, failing to disclose incidents of child abuse and neglect at KinderCare facilities, and that the company did not meet industry standards for child care [3][4] - Following the IPO, KinderCare's stock price has significantly declined, reaching lows near $9 per share from an initial offering price of $24 per share [4] Company Overview - KinderCare provides early education and child care services across the United States, having raised $648 million through the sale of over 27 million shares during its IPO [2][3] - The company is accused of exposing itself to undisclosed risks, including potential lawsuits and reputational damage due to inadequate care at its facilities [3] Legal Context - The class action lawsuit is being led by Robbins Geller Rudman & Dowd LLP, a law firm with a strong track record in securities fraud litigation, having recovered over $2.5 billion for investors in 2024 alone [6] - The Private Securities Litigation Reform Act of 1995 allows investors who purchased KinderCare stock during the IPO to seek lead plaintiff status, which enables them to represent the interests of the class [5]
Compared to Estimates, TWFG, Inc. (TWFG) Q2 Earnings: A Look at Key Metrics
ZACKS· 2025-08-13 00:01
Core Insights - TWFG, Inc. reported revenue of $60.31 million for the quarter ended June 2025, marking a year-over-year increase of 13.2% [1] - The earnings per share (EPS) for the same period was $0.20, a significant decrease from $14.89 a year ago [1] - The reported revenue fell short of the Zacks Consensus Estimate of $63.94 million, resulting in a surprise of -5.68% [1] - The company achieved an EPS surprise of +11.11%, with the consensus EPS estimate being $0.18 [1] Revenue Breakdown - Contingent income was reported at $2.03 million, exceeding the average estimate of $1.8 million from four analysts [4] - Fee income was recorded at $3.33 million, slightly below the average estimate of $3.42 million from four analysts [4] - Commission income totaled $54.56 million, which was lower than the average estimate of $58.81 million based on four analysts [4] - Other income was reported at $0.38 million, also below the average estimate of $0.4 million from three analysts [4] Stock Performance - TWFG, Inc. shares have returned -17.6% over the past month, contrasting with the Zacks S&P 500 composite's +2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]
CAPR Stock News: Investors with Large Losses Should Contact Robbins LLP to Learn About Leading the Capricor Therapeutics, Inc. Class Action Lawsuit
Prnewswire· 2025-08-12 23:57
Core Viewpoint - A class action has been filed against Capricor Therapeutics, Inc. for allegedly misleading investors regarding the viability of its lead product candidate, deramiocel, for treating Duchenne muscular dystrophy (DMD) [1][2]. Group 1: Company Overview - Capricor Therapeutics, Inc. is a clinical-stage biotechnology company focused on developing cell and exosome-based therapeutics for DMD and other diseases with unmet medical needs in the U.S. [1] - The company's lead product candidate is deramiocel, which consists of allogeneic cardiosphere-derived cells [1]. Group 2: Allegations and Legal Action - Robbins LLP is investigating allegations that Capricor misled investors about deramiocel's potential for first approval for DMD cardiomyopathy while concealing adverse facts regarding its safety and efficacy data from the Phase 2 HOPE-2 trial [2]. - The complaint states that the misleading information led to shareholders purchasing Capricor's securities at artificially inflated prices [2]. Group 3: Stock Price Impact - On July 11, 2025, Capricor announced it received a Complete Response Letter (CRL) from the FDA, denying its Biologics License Application due to insufficient evidence of effectiveness and the need for additional clinical data [3]. - Following the announcement, Capricor's stock price fell from $11.40 per share on July 10, 2025, to $7.64 per share on July 11, 2025 [3].
FI Stock News: Investors with Large Losses Should Contact Robbins LLP to Learn About Leading the Fiserv, Inc. Class Action Lawsuit
Prnewswire· 2025-08-12 23:56
Core Viewpoint - Robbins LLP has filed a class action on behalf of investors who acquired Fiserv, Inc. common stock during a specified period, alleging that the company misled investors regarding the growth prospects of its Clover platform [1][2]. Allegations - Fiserv allegedly forced Payeezy merchants to migrate to its Clover platform due to cost issues and problems with Payeezy, which temporarily boosted Clover's revenue and GPV growth, concealing a slowdown in new merchant business [2]. - Following the forced conversions, many former Payeezy merchants switched to competing solutions due to Clover's high pricing and inadequate customer service, leading to a significant slowdown in Clover's GPV growth and unsustainable revenue growth [2]. - The positive statements made by Fiserv regarding Clover's growth strategies and business prospects during the class period were claimed to be materially false and misleading [2]. Impact on Stock - The truth regarding these issues was revealed through a series of disclosures, resulting in a decline in Fiserv, Inc.'s stock and harming investors [3]. Next Steps for Shareholders - Shareholders interested in serving as lead plaintiffs must file their motions by September 22, 2025, while those who choose not to participate can remain as absent class members [4]. Company Background - Robbins LLP has been dedicated to helping shareholders recover losses and improve corporate governance since 2002, operating on a contingency fee basis where shareholders pay no fees or expenses [5].
CNC Stock News: Investors with Large Losses Should Contact Robbins LLP to Learn About Leading the Centene Corporation Class Action Lawsuit
Prnewswire· 2025-08-12 23:56
Group 1 - A class action has been filed against Centene Corporation on behalf of investors who acquired its securities between December 12, 2024, and June 30, 2025 [1] - Allegations state that Centene misled investors about its business prospects, creating a false impression of reliable revenue outlook and growth while actual enrollment rates and morbidity were lower than expected [2] - On July 1, 2025, Centene withdrew its 2025 guidance, revealing that market growth across 22 states was lower than anticipated, leading to a reduction in guidance to approximately $1.8 billion and an adjusted diluted EPS of $2.75 [3] Group 2 - Following the announcement on July 1, 2025, Centene's stock price dropped from $56.65 to $44.78 per share, a decline of over 40% [3] - Shareholders are encouraged to participate in the class action, with options to serve as lead plaintiff or remain an absent class member [4] - Robbins LLP has been dedicated to shareholder rights litigation since 2002, focusing on helping shareholders recover losses and improve corporate governance [5]
NEOG Stock News: Investors with Large Losses Should Contact Robbins LLP for Information About Leading the Neogen Class Action
Prnewswire· 2025-08-12 23:55
Core Viewpoint - Neogen Corporation is facing a class action lawsuit due to allegations of misleading investors regarding its integration with 3M Company, which has negatively impacted its financial health [2][3]. Financial Performance - On January 10, 2025, Neogen reported a GAAP net income that was significantly negative, primarily due to a $461 million non-cash goodwill impairment charge related to the 3M acquisition [3]. - Neogen cut its fiscal year 2025 revenue and EBITDA guidance following the negative financial disclosures [3]. - On April 9, 2025, Neogen announced a quarterly revenue decline of 3.4% to $221 million, attributing part of this to integration issues, and again revised its FY25 revenue and EBITDA outlook downward [4]. - The company projected capital expenditures of $100 million due to lowered adjusted EBITDA and a pull-forward of integration-related capital expenditures into FY25 [4]. - On June 4, 2025, Neogen expected its EBITDA margin to be in the high teens, a significant drop from the previous quarter's margin of 22% [5]. Stock Performance - Following the January 10, 2025 announcement, Neogen's stock price fell by 5% to close at $12.36 per share [3]. - After the April 9, 2025 announcement, the stock price plummeted by 28% [4]. - By June 4, 2025, the stock price had further declined by 17%, closing at $4.96 per share, marking a total drop of $18.88 per share or 79% from its August 15, 2023 high of $23.84 per share, erasing over $4 billion in market capitalization [5].
SELECTQUOTE ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against SelectQuote, Inc. and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-08-12 23:53
Core Viewpoint - A class action lawsuit has been filed against SelectQuote, Inc. due to allegations of receiving illegal kickbacks from health insurance companies and misleading Medicare beneficiaries [1][3][4]. Group 1: Legal Allegations - The U.S. Department of Justice filed a complaint against SelectQuote, alleging that from 2016 to at least 2021, the company received "tens of millions of dollars" in illegal kickbacks for steering Medicare beneficiaries to specific insurance plans [3]. - The complaint claims that SelectQuote made materially false statements regarding its services, asserting it provided unbiased coverage comparisons while actually directing beneficiaries to the most profitable plans for the company [4]. - SelectQuote is accused of failing to disclose significant adverse facts about its business practices, including directing beneficiaries to plans based on compensation rather than quality [4]. Group 2: Financial Impact - Following the DOJ's announcement, SelectQuote's stock price dropped by $0.61, or 19.2%, closing at $2.56 per share on May 1, 2025, with unusually high trading volume [3]. Group 3: Investor Actions - Investors who purchased SelectQuote securities between September 9, 2020, and May 1, 2025, are encouraged to contact Bragar Eagel & Squire for potential legal recourse [1][5]. - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is October 10, 2025 [1].