MINNEAPOLIS, June 03, 2025 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ: SPSC), a leader in retail supply chain cloud services, today announced that management will present at the 1st Annual D.A. Davidson Technology & Consumer Conference on Tuesday, June 10, 2025, at 2:40 PM C.T. A webcast of the presentation will be available on the company’s investor relations website at http://investors.spscommerce.com/events.cfm. About SPS Commerce SPS Commerce is the world’s leading retail network, connecting trading ...

Core Insights - Sportsman's Warehouse reported a 2% increase in net sales to $249.1 million for the first quarter of fiscal year 2025, compared to $244.2 million in the same period last year, marking a significant recovery from a -13.5% decline in the previous year [1][7] - The company reaffirmed its full-year guidance for fiscal year 2025, expecting net sales to range from a decline of 1.0% to an increase of 3.5% and adjusted EBITDA between $33 million and $45 million [8] Financial Performance - Gross profit for the quarter was $75.6 million, representing 30.4% of net sales, an increase from 30.2% in the prior year, driven by improved inventory productivity and product margin rates in the fishing category [7] - Selling, general, and administrative (SG&A) expenses were $95.3 million, or 38.2% of net sales, down from 38.6% in the previous year, reflecting effective expense management [7] - The net loss for the quarter was $(21.3) million, compared to a net loss of $(18.1) million in the same quarter last year, while the adjusted net loss improved to $(15.6) million from $(17.8) million [7][22] Strategic Initiatives - The company is focusing on improving inventory precision, leveraging local expertise, and executing a digital-first marketing strategy to enhance customer loyalty and trust [3][6] - Anticipating increased tariffs, Sportsman's Warehouse made targeted inventory investments to secure critical products ahead of seasonal demand, balancing near-term gross margin pressure with inventory readiness [6] Outlook - The company plans to open one new store in Surprise, Arizona during fiscal year 2025 and is committed to generating positive free cash flow while paying down debt [8] - Total liquidity at the end of the first quarter was $122.1 million, consisting of $118.5 million available on credit facilities and $3.6 million in cash [7]

ST. PAUL, Minn., June 3, 2025 /PRNewswire/ -- Solventum (NYSE: SOLV) announced today its executives will participate in a fireside chat at the Goldman Sachs 46th Annual Global Health Care Conference on Tuesday, June 10, 2025, beginning at approximately 4:00 p.m. EDT in Miami, FL.A live and archived replay of the fireside chat will be available on the company's website at investors.solventum.com.About SolventumAt Solventum, we enable better, smarter, safer healthcare to improve lives. As a new company with a ...

Fort Lauderdale, FL, June 03, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME), an AI-driven technology and consumer electronics holding company, today announced that its subsidiary, SMCB Solutions Private Limited (“SemiCab India”), has recently signed four new pilot agreements and four contract expansions with eight enterprise-scale customers in India. Under the new and expanded contracts, SemiCab India will provide enterprise-level shipping services through its AI-powered, ...

MONACO, June 03, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company’s 2024 Sustainability Report is available for download and can be accessed from its website using the link provided below. The 2024 Sustainability Report has been prepared in accordance with the Global Reporting Initiative (GRI) Sustainability Reporting Guidelines, 'in accordance with the GRI Standards', and the Sustain ...

SAN DIEGO, June 03, 2025 (GLOBE NEWSWIRE) -- Presidio Property Trust, Inc. (“Presidio” or the “Company”) (NASDAQ: SQFT; SQFTP; SQFTW), an internally managed, diversified real estate investment trust (“REIT”), today announced that it has received formal notice from Nasdaq stating that the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). The Company's common stock will continue to be listed and traded on Nasdaq.. To regain compliance with the ...

NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today reported monthly volumes for May 2025 on its Investor Relations website. A data sheet showing this information can be found at: http://ir.nasdaq.com/financials/volume-statistics. About Nasdaq Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We a ...

Record Trade Investment, Operational Efficiency Gains and New Customer Wins Drive Strong Start to Fiscal 2026 EAST RUTHERFORD, NJ, June 03, 2025 (GLOBE NEWSWIRE) -- Mama’s Creations, Inc. (Nasdaq: MAMA), a leading national marketer and manufacturer of fresh deli prepared foods, has reported its financial results for the first quarter ended April 30, 2025. Financial Summary:   Three Months Ended April 30, $ in millions 2025  2024  % Increase Revenues $35.3  $29.8   18%Gross Profit $9.2  $7.5   23%Operating E ...

Reports Inducement Grant Under NASDAQ Listing Rule 5635(c)(4)MIAMI, June 03, 2025 (GLOBE NEWSWIRE) -- InspireMD, Inc. (Nasdaq: NSPR), developer of the CGuard™ Prime carotid stent system for the treatment of carotid artery disease and prevention of stroke, today announced the appointment of Michael Lawless, an industry veteran, as Chief Financial Officer, effective on or prior to June 30, 2025 (the “Effective Date”). On the Effective Date, Mr. Lawless will succeed Craig Shore, who has served as Chief Financi ...

ATHENS, Greece, June 03, 2025 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today that it has secured a new time charter contract for its 4,250 teu intermediate containership, M/V Emmanuel P built in 2005, for a minimum period of 36 to a maximum period of 38 months, at the option of the charterer, at a gross daily rate of $38,000. The new charter pe ...