Nike tops earnings estimates as rising North America sales help to offset China weakness
CNBC· 2025-12-18 21:25
Core Viewpoint - Nike is undergoing a turnaround strategy under CEO Elliott Hill, focusing on regaining growth and market share while addressing inventory issues and enhancing wholesale relationships [1][2]. Financial Expectations - Analysts expect Nike to report earnings per share of 38 cents and revenue of $12.22 billion for the second fiscal quarter of 2026 [6]. Business Performance - In the fiscal first quarter, improvements were noted in wholesale, running, and North America, but challenges remain in the China segment and direct business, which are expected to persist into the new year [2]. - Nike's stock has dropped over 11% this year, indicating market concerns about its performance [1]. Impact of Tariffs - Nike anticipates tariffs to cost approximately $1.5 billion, impacting its gross margin by 1.2 percentage points in fiscal 2026, an increase from earlier estimates of $1 billion and 0.75 percentage points [3]. Leadership Changes - The company has made leadership changes to streamline operations, including the departure of Chief Commercial Officer Craig Williams, as part of its "Win Now" strategy aimed at growth [4]. Strategic Partnerships - Nike has reported a strong start in its partnership with Kim Kardashian's shapewear brand, NikeSKIMS, which has received a positive response [5].
Hot Dog Tower, Martini Lunch for Two and The Alpine Table: Vail Resorts Unveils New Era of Colorado Mountain Dining
Prnewswire· 2025-12-18 17:00
As a part of its expanded focus on food and beverage, Vail Resorts is launching a new partnership with Outer Range Brewing Co., a Colorado-based brewery with deep roots in mountain culture. Founded in 2016 in nearby Frisco, Outer Range has earned a national reputation for hop-forward beers, technical precision and a community-driven ethos that aligns naturally with Vail Resorts' Colorado destinations. Guests can enjoy Outer Range offerings at on-mountain locations across all of Vail Resorts' Colorado resort ...
Bronstein, Gewirtz & Grossman LLC Urges StubHub Holdings, Inc. Investors to Act: Class Action Filed Alleging Investor Harm
Globenewswire· 2025-12-18 17:00
NEW YORK, Dec. 18, 2025 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against StubHub Holdings, Inc. (NYSE: STUB) and certain of its officers. This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired StubHub securities pursuant to the registration statement and prospect ...
Bodily Injury Costs Increase in Virginia, According to Mercury Insurance
Prnewswire· 2025-12-18 17:00
The state of Virginia is the ninth launch of this expanded insurance product for Mercury Insurance, following California, Texas, Oklahoma, Illinois, Arizona, Georgia, Florida and Nevada. You can learn more about this unique coverage at Mercury Umbrella Insurance. "Unexpected accidents are becoming more costly for Virginians, which puts them at risk of having to pay out of pocket," said Nick Colby, Vice President and Chief Sales Officer at Mercury Insurance. "Mercury has redesigned its umbrella insurance to ...
Progress Software Announces Winners of 2025 Sitefinity Partner of the Year Awards
Globenewswire· 2025-12-18 17:00
Celebrating Excellence: Announcing the 2025 Sitefinity Digital Agency Partner Awards New award category spotlights advances in AI-powered digital experiences; Industry leaders recognized for excellence and collaboration New award category spotlights advances in AI-powered digital experiences; Industry leaders recognized for excellence and collaboration BURLINGTON, Mass., Dec. 18, 2025 (GLOBE NEWSWIRE) -- Progress Software, the trusted provider of AI-powered digital experience and infrastructure softwar ...
Bronstein, Gewirtz & Grossman LLC Urges Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. Investors to Act: Class Action Filed Alleging Investor Harm
Globenewswire· 2025-12-18 17:00
NEW YORK, Dec. 18, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed on behalf of purchasers or acquirers of Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. (NYSE: FUN) common stock pursuant or traceable to the company’s registration statement and prospectus issued in connection with the July 1, 2024 merger of legacy Six Flags Entertainment Corporation (“Legac ...
Pentair plc (NYSE:PNR) - A Steady Performer with Growth Potential
Financial Modeling Prep· 2025-12-18 17:00
Core Viewpoint - Pentair plc (NYSE:PNR) is a global water treatment company with a focus on water and fluid management solutions, operating in segments such as pool equipment, filtration solutions, and flow technologies [1] Performance Summary - Over the past 30 days, PNR's stock has gained approximately 1.11%, reflecting steady upward momentum and positive investor sentiment [2][5] - In the last 10 days, PNR experienced a minor decline of about 1.17%, which may present a buying opportunity for investors [2][5] Growth Potential - The stock has a projected growth potential of 22.80%, indicating that PNR is currently undervalued and has significant room for appreciation [3] - The target price for PNR is set at $127.29, suggesting substantial upside from current levels [3] Fundamental Strength - PNR has a robust Piotroski Score of 8, indicating strong financial health and solid fundamentals, including profitability, leverage, liquidity, and operating efficiency [4][5] - Such a high Piotroski Score suggests that PNR is well-positioned to maintain financial stability and continue its growth trajectory [4]
WORLDLINE : EGM - Availability of preparatory documents
Globenewswire· 2025-12-18 17:00
Extraordinary General Meeting of January 8, 2026Availability of preparatory documents Paris La Défense, December 18, 2025 – The shareholders of Worldline [Euronext: WLN] are convened to an Extraordinary General Meeting on Thursday, January 8, 2026 at 10:00 a.m. (Paris time) at Cloud Business Center – 10 bis rue du Quatre Septembre – 75002 Paris. The meeting notice (avis préalable de réunion) including the agenda, the draft resolutions and the terms and conditions of participation and voting at the General M ...
Birkenstock Holding plc (NYSE:BIRK) Performance and Outlook
Financial Modeling Prep· 2025-12-18 17:00
Core Insights - Birkenstock Holding plc is a well-established footwear company known for its sandals and has a global presence in various markets [1] Financial Performance - The company has surpassed Wall Street expectations for its fourth-quarter revenue, driven by strong demand for sandals and clogs, particularly among affluent shoppers during the holiday season [3] - Birkenstock has raised its revenue outlook for fiscal 2025 to at least €2.09 billion, representing a growth of 15.9% on a reported basis, which has boosted investor confidence [4][6] Market Sentiment - The consensus price target for Birkenstock has decreased from $71.43 to $60, indicating a more conservative outlook from analysts [2][6] - Despite the downward trend in price targets, analyst Simeon Siegel from BMO Capital has maintained a price target of $60 [2] Valuation and Growth Potential - Birkenstock's valuation is considered attractive, with single-digit EV/EBITDA multiples, presenting a compelling entry point for investors [5] - The company's growth is supported by style expansion and increased demand in the Asian market [5]
Deadline Alert: Sprouts Farmers Market, Inc. (SFM) Shareholders Who Lost Money Urged to Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Businesswire· 2025-12-18 17:00
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP reminds investors of the upcoming January 26, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Sprouts Farmers Market, Inc. ("Sprouts†or the "Company†) (NASDAQ: SFM) securities between June 4, 2025 and October 29, 2025, inclusive (the "Class Period†). IF YOU SUFFERED A LOSS ON YOUR SPROUTS INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING C. ...