CHARLOTTE, N.C., May 29, 2025 (GLOBE NEWSWIRE) -- DENTSPLY SIRONA Inc. (“Dentsply Sirona” or the "Company") (Nasdaq: XRAY) today announced that Matthew E. Garth has been appointed Executive Vice President and Chief Financial Officer, effective May 30, 2025. Mr. Garth brings nearly 30 years of proven financial management expertise to Dentsply Sirona, with a focus on driving value creation. He most recently served as Chief Financial Officer & Chief Administrative Officer of The Scotts Miracle-Gro Company, a g ...

Company Overview - Acuity Inc. is a market-leading industrial technology company focused on solving problems in spaces, light, and more through its two business segments: Acuity Brands Lighting (ABL) and Acuity Intelligent Spaces (AIS) [3] - The company is headquartered in Atlanta, Georgia, and operates across North America, Europe, and Asia, employing approximately 13,000 associates [5] Financial Information - Acuity Inc. will release its fiscal 2025 third quarter results on June 26, 2025, at 6:00 a.m. ET, followed by a conference call at 8:00 a.m. ET led by CEO Neil Ashe [1] Investor Relations - The webcast, earnings release, and supplemental presentation will be accessible via the Investor Relations section of the company's website on June 26, 2025, with an online replay available for a limited time [2] Growth Strategy - The company achieves growth through the development of innovative products and services, including lighting, lighting controls, building management solutions, and an audio, video, and control platform [4] - Acuity focuses on customer outcomes to drive growth and productivity, aiming to increase market share and deliver superior returns while aggressively deploying capital to enter attractive new verticals [4]

The sign on the side of a Costco is seen in Hawthorne, California, on April 4, 2025.Costco on Thursday posted quarterly earnings and revenue that topped estimates as its sales climbed 8%. Here's how the warehouse club retailer did in its fiscal third quarter compared what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: $4.28 vs. $4.24 expectedRevenue: $63.21 billion vs. $63.19 billion expectedCostco's net income for the three-month period that ended May 11 rose to $1.90 ...

Despite its customers’ resilience, Best Buy expects sales to dip this year because of tariffs.The electronics retailer released quarterly earnings Thursday (May 29), projecting yearly revenue of $41.1 billion to $41.9 billion, below past guidance of $41.4 billion to $42.2 billion.Best Buy has warned that its vendors could pass along higher costs to the chain, which would mean raising prices.Executives said Thursday that the company is adjusting its supply chain to reduce its dependency on China, a subject o ...

Gap is expecting new tariffs would impact its business by hundreds of millions of dollars, if they remain in effect, the company said Thursday when announcing fiscal first-quarter earnings. Shares fell more than 15% in after-hours trading.In a news release, Gap said new 30% duties on imports from China and a 10% levy on imports from most other countries will cost the company between $250 million to $300 million but, for now, it's leaving that impact out of its guidance. The company said it's planning to mit ...

Nvidia and Dell on Thursday announced a breakthrough supercomputer powered by artificial intelligence (AI) will launch next year to help drive research at the Department of Energy (DOE). The two companies were awarded a contract by the DOE to develop the new flagship supercomputer at the Lawrence Berkeley National Laboratory – known as the Berkeley Lab – which will be due in 2026. The supercomputer is expected to help advance research into fusion energy, materials science, astronomy and accelerate drug disc ...

Net sales increased 2% versus last year with comparable sales up 2%9th consecutive quarter of market share gainsOperating margin of 7.5% improved 140 basis points versus last year   Cash, cash equivalents and short-term investments of $2.2 billion up 28% versus last yearSAN FRANCISCO, May 29, 2025 /PRNewswire/ -- Gap Inc. (NYSE: GAP), the largest specialty apparel company in the U.S. with a portfolio of brands including Old Navy, Gap, Banana Republic, and Athleta, today reported financial results for its fi ...

JACKSONVILLE, Fla., May 29, 2025 (GLOBE NEWSWIRE) -- Regency Centers Corporation (“Regency”, “Regency Centers” or the “Company”) (Nasdaq:REG) today announced that the Company’s management team is scheduled to present at the Nareit REITweek Investor Conference on Tuesday, June 3, 2025, at 3:15 pm ET. To listen to the presentation, please use the webcast information provided below. A link to the webcast will be available for replay on the Investor Relations page of the Company’s website at investors.regencyce ...

Core Insights - CooperCompanies reported solid financial results for the fiscal second quarter ended April 30, 2025, with a total revenue increase of 6% year-over-year to $1,002.3 million, driven by growth in both CooperVision and CooperSurgical segments [5][6][42] - The company emphasized its focus on market share expansion, product launches, and capacity expansion projects moving forward [2] Financial Performance - CooperVision (CVI) revenue increased by 5% year-over-year to $669.6 million, with organic growth of 7% [5][42] - CooperSurgical (CSI) revenue rose by 8% year-over-year to $332.7 million, with organic growth of 7% [5][42] - Gross margin improved to 68% from 67% in the previous year, attributed to efficiency gains [6][18] - Non-GAAP diluted earnings per share (EPS) increased by 14% to $0.96, while GAAP diluted EPS remained consistent at $0.44 [5][40] Revenue Breakdown - Total revenue of $1,002.3 million consisted of CooperVision's $669.6 million and CooperSurgical's $332.7 million [5][42] - Revenue by geography showed the Americas at $282.4 million (up 7%), EMEA at $248.6 million (up 5%), and Asia Pacific at $138.6 million (up 3%) [3][42] Operational Highlights - The company generated free cash flow of $18.1 million after capital expenditures of $78.1 million [6][8] - Interest expense decreased to $24.2 million from $28.9 million due to lower interest rates and reduced average debt [6][40] Share Repurchase Program - During the second quarter, CooperCompanies repurchased $40.6 million of common stock, approximately 537.2 thousand shares, at an average price of $75.60 [8] Fiscal Year 2025 Guidance - The company updated its fiscal year 2025 financial guidance, projecting total revenue between $4,107 million and $4,146 million, with organic growth of 5% to 6% [14]

NEW YORK, May 29, 2025 (GLOBE NEWSWIRE) -- Medallion Bank (Nasdaq: MBNKP; MBNKO), an FDIC-insured bank providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, along with loan origination services to fintech strategic partners, announced today that on July 1, 2025 (the “Redemption Date”) it will redeem all outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (the “Series F Preferred Stock”) (Nasdaq: MBNKP) at the redempt ...