Workflow
RH Stock Sinks as Furniture Retailer Says Tariffs Hurt Results, Outlook
Investopedia· 2025-09-12 13:30
Core Insights - RH's shares fell 7% in premarket trading following weaker-than-expected results and lowered guidance due to tariff uncertainties [1][6] Financial Performance - For the second quarter, RH reported adjusted earnings per share of $2.93 and revenue of $899.2 million, which is an 8% year-over-year increase. However, these figures missed analyst expectations of $3.22 EPS and $904.6 million in revenue [2][6] - The company cited the "polarizing impact of tariff uncertainty" and the worst housing market in nearly 50 years as factors negatively affecting performance [2][3] Guidance and Outlook - RH revised its full-year adjusted EBITDA margin forecast to 19% to 20%, down from the previous estimate of 20% to 21%. Revenue growth is now anticipated to be between 9% to 11%, compared to the earlier estimate of 10% to 13% [3] - The company is taking steps to mitigate tariff costs, including moving production out of China and increasing operations at its North Carolina plant [3][6] Market Context - Year-to-date, RH shares have lost 42% of their value, reflecting broader market challenges and specific company issues [4]
Air Products to Highlight its Freshline® Food Freezing Solutions at the International Baking Industry Exposition
Prnewswire· 2025-09-12 13:30
Air Products will feature its Freshline IQ Freezer, which is optimal for freezing an assortment of bakery products. The IQ Freezer is the perfect solution for producers looking to chill or freeze a broad range of food products. It is designed in 10-foot modular sections to ensure easy installation and, if additional product throughput is needed, has field expandability. Integrated hardware also enables processors to use optional remote monitoring software for tracking efficiencies and troubleshooting with ...
Stock Market ETFs Update: This Week's Trading Ranges
See It Market· 2025-09-12 13:29
This is a good time to step back and gain some perspective on the key ETFs I follow as the market anticipates several economic happenings, such as:Lower interest ratesLower inflationWeaker dollarWeaker labor market Growth leadingI start with the Transportation Sector ETF (NYSEARCA: IYT) looking at the weekly chart. When I step it back, it looks weaker than the growth stocks, however, the chart suggests nothing more than noise right now.The Transportation Sector ETF (IYT) is in a weekly bullish phase, un ...
Angel Oak Financial Strategies Income Term Trust Announces Recommendations to Vote “FOR” its New Investment Advisory Agreement from ISS, Glass Lewis and Egan-Jones
Businesswire· 2025-09-12 13:28
ATLANTA--(BUSINESS WIRE)---- $FINS--Angel Oak Financial Strategies Income Term Trust Announces Recommendations to Vote "FOR†its New Investment Advisory Agreement. ...
US Treasury calls on G7, EU to impose tariffs on China, India over Russian oil purchases
Reuters· 2025-09-12 13:28
Group 1 - The U.S. Treasury has urged G7 and EU allies to implement "meaningful tariffs" on goods from China and India to curb their purchases of Russian oil [1] - The call for tariffs is part of a broader strategy to address the ongoing geopolitical tensions and economic implications of Russian oil purchases [1] - The G7 finance ministers are expected to convene to discuss these measures and their potential impact on global markets [1]
NVDA, AMD and INTC Forecast – Chips Stocks Looking for Momentum on Friday
FX Empire· 2025-09-12 13:27
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30-year mortgage rate drops to lowest level in almost a year
Fastcompany· 2025-09-12 13:22
Fast Company Innovation Festival Ticket Giveaway—Enter now! LOGIN SUBSCRIBE | FastCo Works advertisement BYÂ Associated Press Listen to this ArticleMore info 0:00 / 0:00 The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly a year, reflecting a pullback in Treasury yields ahead of an expected interest rate cut from the Federal Reserve next week.The long- term rate eased to 6.35% from 6.5% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6. ...
Apple delays launch of iPhone Air in Mainland China
Seeking Alpha· 2025-09-12 13:22
Apple (NASDAQ:AAPL) has delayed the launch of its new smartphone, iPhone Air, in mainland China, citing regulatory approval issues. When pre-orders for the new models started on Friday, Apple's China website would not let customers in the region order the ...
Next Week’s Earnings to Test Impact of Tariffs on Consumer Spending
Investing· 2025-09-12 13:22
Market Analysis by covering: FedEx Corporation, General Mills Inc, Darden Restaurants Inc, Lennar Corporation. Read 's Market Analysis on Investing.com ...
Will STRL's Guidance Hike Prove Conservative Amid Data Center Boom?
ZACKS· 2025-09-12 13:20
Core Insights - Sterling Infrastructure, Inc. (STRL) is benefiting from increasing demand for data centers driven by trends in AI solutions, data creation, cloud migration, and sustainability efforts [1][2] - The company has optimistic growth projections based on strong data center demand and is implementing multi-year capital deployment plans to support revenue and profitability [2][3] Financial Performance - STRL reported a 24.2% year-over-year revenue growth in its E-Infrastructure Solutions segment for the first half of 2025, reaching $528.7 million, which constitutes 51% of total revenues [2][8] - The company raised its revenue forecast for 2025 to between $2.1 billion and $2.15 billion and adjusted EPS expectations to between $7.87 and $8.13 [3][8] Market Position - STRL's stock has surged 168.4% over the past six months, outperforming competitors Quanta Services, Inc. (PWR) and AECOM (ACM), which gained 55.7% and 37.1%, respectively [5][9] - The company is currently trading at a forward 12-month P/E ratio of 29.97, indicating a premium valuation compared to industry peers [10][12] Earnings Estimates - Earnings estimates for STRL have increased for 2025 and 2026, now projected at $9.57 and $10.98 per share, reflecting year-over-year growth of 56.9% and 14.7%, respectively [13]