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Meritage Reports Third Quarter 2025 Results
Globenewswire· 2025-11-11 21:00
GRAND RAPIDS, Mich., Nov. 11, 2025 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), today reported financial results for the third quarter and nine months ended September 28, 2025. 2025 Third Quarter Highlights: Sales were $154.6 million compared to $164.8 million for the same period last year.Earnings (Loss) from Operations were ($6.6) million compared to $0.6 million for the same period last year. Of note, third quarter of 2025 results included a one-time, non-cash charge of $2.7 million ...
Earnings live: Instacart stock jumps, Tyson rises with CoreWeave results ahead
Yahoo Finance· 2025-11-10 13:40
Group 1: Q3 Earnings Overview - The Q3 earnings season has started positively, with 91% of S&P 500 companies reporting results, and analysts expect a 13.1% increase in earnings per share, marking the fourth consecutive quarter of double-digit growth [2][9] - Initial expectations were lower, with analysts predicting a 7.9% increase in earnings per share as of September 30 [3] - Companies have reported more positive earnings surprises (82%) than negative ones (18%), with 77% of companies also reporting positive revenue surprises [9] Group 2: Notable Company Earnings - Instacart reported GAAP earnings per share of $0.51, exceeding estimates of $0.50, with revenue of $939 million, surpassing expectations of $933 million [6] - Constellation Energy's stock fell nearly 6% after reporting GAAP earnings per share of $2.97, missing estimates of $3.05, although revenue of $6.57 billion exceeded expectations [12] - Wendy's reported revenue of $549 million, a 3% decline year-over-year but above estimates of $534 million, with earnings per share of $0.24 beating expectations of $0.20 [16][17] - Block's shares fell 15% after reporting earnings per share of $0.54 on revenue of $6.11 billion, missing estimates of $0.68 per share and $6.31 billion in revenue [23] - Airbnb's stock rose 5% as it reported 133.6 million nights booked, a 9% increase year-over-year, driven by international bookings [32][33] Group 3: Industry Trends and Challenges - The earnings growth rate for Q3 is on track to increase from Q2, driven by tech enthusiasm around artificial intelligence and ongoing tariff concerns [10] - Consumer-facing companies are experiencing pressures from affordability and sentiment, with mentions of government shutdown impacts increasing [11] - Under Armour reported a net loss of $0.04 per share, with revenue declining 4.7% year-over-year, attributed to challenging consumer demand [35][36]
Earnings live: Block stock drops after earnings miss, Airbnb pops, Opendoor pitches turnaround plan
Yahoo Finance· 2025-11-07 13:16
Earnings Season Overview - The third quarter earnings season is underway, with several AI companies reporting results, including Palantir, AMD, and Supermicro [1] - As of October 31, 64% of S&P 500 companies have reported results, with analysts expecting a 10.7% increase in earnings per share for Q3, marking the fourth consecutive quarter of double-digit earnings growth, although a deceleration from the 12% growth in Q2 [2][3] Constellation Energy - Constellation Energy's stock fell nearly 6% after reporting Q3 earnings that missed expectations, with GAAP earnings per share of $2.97 compared to estimates of $3.05, although revenue of $6.57 billion exceeded the $6.46 billion estimate [5][6] - The company narrowed its full-year adjusted operating earnings guidance to a range of $9.05–$9.45 per share, down from a previous range of $8.90-$9.60 [7] - Year-to-date, Constellation Energy's stock is up 57% [8] Wendy's - Wendy's reported Q3 revenue of $549 million, a 3% decline year-over-year but above the expected $534 million, with earnings per share of $0.24 exceeding estimates of $0.20 [9][10] Block (Jack Dorsey-led) - Block's shares fell 15% after reporting Q3 earnings that missed expectations, with earnings per share of $0.54 on revenue of $6.11 billion, compared to estimates of $0.68 per share and $6.31 billion in revenue [12][17] - Square's gross profit rose 9% to $1.01 billion, while Cash App gross profit grew 24% to $1.6 billion [18] Opendoor - Opendoor reported Q3 revenue of $915 million, above expectations of $882 million, but a loss per share of $0.12 was wider than the expected $0.07 loss [20][23] - The company expects similar declines in Q4, with an adjusted EBITDA loss forecasted in the high-$40 million to mid-$50 million range [24][25] Airbnb - Airbnb's stock rose 5% as international bookings supported solid revenue growth, reporting 133.6 million nights booked, a 9% increase year-over-year [26][27] Under Armour - Under Armour reported a net loss of $0.04 per share on revenue of $1.33 billion, with net sales declining 4.7% year-over-year [28][29] - The company expects revenue to decline 4% to 5% for the full fiscal year [30][31] ConocoPhillips - ConocoPhillips reported adjusted earnings per share of $1.61, beating estimates of $1.41, and raised its fourth-quarter dividend by 8% to $0.84 per share [33][34] Moderna - Moderna reported a smaller-than-expected loss of $0.51 per share on revenue of $1 billion, a 45% decrease from the previous year, primarily due to declining COVID vaccine sales [35][36] - The company narrowed its full-year revenue guidance to a range of $1.6 billion to $2 billion [38] E.l.f. Beauty - E.l.f. Beauty's stock fell over 21% after posting a disappointing full-year outlook, expecting net sales between $1.55 billion to $1.57 billion, below expectations of $1.65 billion [40][41] Chime - Chime reported annual revenue growth of 29% in the September quarter, with revenue of $544 million, and raised its full-year forecast due to a surge in new members [44][45] Snap - Snap's stock soared over 22% after reporting a revenue beat and announcing a partnership with Perplexity AI, with revenue growing 10% year-over-year to $1.5 billion [49][51]
X @Bloomberg
Bloomberg· 2025-11-07 12:29
Wendy’s reported sales declined less-than-expected in the third quarter, a sign the burger chain is starting to rebound from a slump that’s eroded investor confidence this year https://t.co/5tgKzlyT2R ...
X @The Wall Street Journal
The Wall Street Journal· 2025-10-14 12:32
Wendy’s is looking to stage a turnaround https://t.co/To9fmv5jIE ...
X @The Wall Street Journal
The Wall Street Journal· 2025-10-11 16:00
Wendy’s is looking to stage a turnaround https://t.co/nTsL6r7U7y ...
X @The Wall Street Journal
The Wall Street Journal· 2025-10-09 14:04
Wendy’s is looking to stage a turnaround https://t.co/2whit1eGV1 ...
Stocks Slide as U.S. Posts Fastest Growth in Nearly 2 Year | The Close 9/25/2025
Bloomberg Television· 2025-09-25 23:40
ROMAINE: A SOLID U.S. ECONOMY OR CUTS TO INTEREST RATES. INVESTORS WEIGH IN ON WHICH IS MORE IMPORTANT. >> WE ARE KICKING YOU OFF TO THE CLOSING BELL HERE IN THE WEST LET'S GET A CHECK OF WHERE MARKETS STAND. DOWN FOR A THIRD DAY IN THE ROW ON THE MAJOR EQUITY INDEXES. THE S&P 500, 66 HUNDRED EVEN. NASDAQ FALLING HALF OF A PERCENT. YOU DO SEE SOME OF THE BIG TECH STOCKS DRAGGING US DOWN AND NOTABLY TESLA. I'M WATCHING THE FRONT END OF THE CURVE CLIMB A LITTLE HIGHER THAN THE BACKEND. UP ALMOST SIX BASIC -- ...
KFC U.S. Names Melissa Cash as Chief Marketing Officer, Bolstering Powerhouse Leadership Team Poised to Accelerate Brand's Comeback
Prnewswire· 2025-09-15 14:00
Core Insights - KFC U.S. has appointed Melissa Cash as Chief Marketing Officer, effective September 16, 2025, to lead the brand's modern marketing strategy [1][2] - The leadership team is being strengthened with key appointments, including Francis "Rico" Arrastia as Chief Digital & Technology Officer, Tiffany Furman as Chief Growth Officer, and Sarah Crow as Chief Legal Officer [1][6][8][9] Company Strategy - Cash will focus on brand strategy, food innovation, integrated marketing, media and communications, consumer insights, and e-commerce marketing [2] - The brand aims to accelerate its Kentucky Fried Comeback Plan to enhance brand relevance and growth in a competitive market [5] Leadership Background - Melissa Cash has over 20 years of experience in brand development, previously serving as SVP and Chief Brand Officer at Wingstop, where she significantly increased revenue and brand awareness [4] - Francis "Rico" Arrastia brings 27 years of experience in product and technology leadership from companies like Levi Strauss & Co. and Walmart Global eCommerce [6][7] - Tiffany Furman has been with Yum! Brands for over 17 years, previously serving as CFO at Habit Burger & Grill [8] - Sarah Crow has six years of experience with Yum! Brands, previously leading the Global Franchising Office [9] Leadership Vision - Cash expressed enthusiasm for leading KFC's marketing efforts to enhance its cultural relevance and growth [5] - Arrastia aims to modernize KFC's digital and technology strategy to improve customer experiences and drive growth [7] - The assembled leadership team is expected to sharpen KFC's competitive edge and facilitate a significant U.S. comeback [10]
Dynamic Pricing: Innovation or Exploitation?
Bloomberg Television· 2025-09-13 14:00
It's a electrical shelf labels that shows the price. It shows the product information that the customer needs. Basically just a paper label uh digitalized and we are able to change the price within minutes if we if we want to.And for that matter, why leave it at the price of goods. What about a variable price for labor. Where we're at is that robots are deciding what prices are.Robots are deciding how much workers get paid. Call it what you will, dynamic pricing, surge pricing or surveillance pricing, it al ...