Core Insights - Worksport (WKSP) has formed a strategic partnership with Potomac International Partners to enhance its entry into government procurement and infrastructure projects [1] - The partnership aims to position Worksport's "nano-grid" ecosystem, including the SOLIS solar tonneau cover and COR portable energy system, as essential solutions for federal agencies [1] - Potomac will also explore opportunities for Worksport's Aetherlux Zerofrost integrated heat pump in defense, housing, and industrial sectors [1] Group 1 - The partnership is intended to accelerate Worksport's market execution and government engagement strategy [1] - Potomac's team has experience across six U.S. administrations, which will be leveraged to support Worksport's initiatives [1] - The focus will be on critical federal agencies such as the Department of War, FEMA, and the General Services Administration [1]

Market Overview - The U.S. stock market opened on January 13th, 2026, with major indexes showing mixed to slightly lower performance as investors reacted to inflation data and the start of the fourth-quarter earnings season [1] - The Dow Jones Industrial Average (DJIA) was down approximately 0.5% at the open, while the S&P 500 (SPX) saw a modest decline of around 0.1% [2] - The Nasdaq Composite (IXIC) was trading near flat, indicating stability in tech stocks despite broader market hesitancy [2] Economic Data - The December Consumer Price Index (CPI) report showed a year-over-year increase of 2.7%, consistent with November's figure, while "core" prices rose 2.6%, below the consensus projection of 2.8% [4] - Investors are also monitoring new home sales figures, the NFIB small business optimism index, and updates on the U.S. budget deficit [5] Earnings Season - The fourth-quarter earnings season began with major U.S. banks reporting mixed results; JPMorgan Chase (JPM) reported adjusted profits that beat expectations but had slightly lower revenue [6] - Bank of New York Mellon (BK) reported a rise in profit and record revenue for 2025, while Delta Air Lines (DAL) disappointed with its fiscal 2025 fourth-quarter profit and guidance, leading to a nearly 6% drop in shares [6] Corporate Developments - Apple (AAPL) is reportedly integrating Google's (GOOGL) Gemini AI into its Siri voice assistant, which could impact both companies and the AI landscape [11] - SK Hynix announced plans to build a $13 billion chip packaging plant in South Korea, indicating rising demand for AI chips [11] - U.S. Bancorp (USB) is acquiring BTIG for up to $1 billion in cash and stock [11] - Walmart (WMT) shares increased by 3.0% following its inclusion in the Nasdaq 100 index and the introduction of new AI features [11]

Core Insights - Expected improvements include 1-2-day delivery for major markets and early cost efficiencies of 10%-15% as volume increases [1] Group 1 - The company anticipates enhancements in delivery times, aiming for 1-2 days for major markets [1] - Cost efficiencies are projected to improve by 10%-15% as production volume increases [1]

Core Insights - Worksport (WKSP) has launched its new HD3 heavy-duty tonneau cover, which is now available through its expanding business-to-business dealer network [1] - Production of the HD3 commenced in mid-October, following a prior announcement regarding the start of manufacturing [1] - The HD3 is priced with a minimum advertised price starting at $869 and is the latest addition to Worksport's U.S.-manufactured hard-cover lineup [1] Product Features - The HD3 is designed for longevity, protection, and long-term durability, incorporating upgraded materials and reinforced perimeter seals [1] - It features strengthened panel construction and enhanced heavy-duty latching systems, making it suitable for commercial and high-use customers [1] - The design builds on the established AL3 architecture while providing a more rugged, professional-grade solution [1]

Group 1: Earnings Performance - Asbury Automotive Group reported quarterly earnings of $7.17 per share, exceeding the Zacks Consensus Estimate of $6.8 per share, and up from $6.35 per share a year ago, representing an earnings surprise of +5.44% [1] - The company posted revenues of $4.8 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 2.37%, compared to year-ago revenues of $4.24 billion [2] Group 2: Stock Performance and Outlook - Asbury Automotive shares have declined approximately 3.6% since the beginning of the year, while the S&P 500 has gained 16.9% [3] - The current consensus EPS estimate for the upcoming quarter is $6.65 on revenues of $4.87 billion, and for the current fiscal year, it is $27.31 on revenues of $18.09 billion [7] Group 3: Industry Context - The Automotive - Retail and Whole Sales industry is currently ranked in the bottom 23% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Core Insights - Worksport reported record quarterly revenue and gross profit for Q3 2025, with revenue of $5.02 million, a 62% increase year-over-year, but slightly below the analyst consensus estimate of $5.58 million [1] - Gross profit surged 548% year-over-year to $1.60 million, with a gross margin expansion of 2,310 basis points to 31% [2] Financial Performance - Quarterly revenue increased by 22% from the previous quarter [1] - Gross profit rose 48.1% from the prior quarter, indicating strong operational performance [2] - The company produced 8,600 units in the quarter, up from 6,000 in Q2 and 4,300 in Q1 [2] Future Outlook - The U.S. tonneau cover factory is projected to achieve over $100 million in annual revenue without additional investment [3] - CEO Steven Rossi emphasized significant margin and revenue growth achieved prior to the launch of next-generation products, indicating a positive trajectory for the company [3] Stock Performance - Worksport shares were down 3.23% at $3.30, nearing a 52-week low of $2.44 [4]

Core Insights - Worksport Ltd. has achieved a 31% gross margin in July, surpassing its year-end target by one quarter, following four consecutive months of record sales [1][3][4] - The company reported July revenue of $1.71 million, marking its strongest month on record, and annualized sales are projected to exceed $20 million, aligning with full-year guidance [2][3] - Gross margin has significantly improved over the past three quarters, increasing from 11% in Q4 2024 to 31% in July 2025, attributed to scaling U.S. production and manufacturing efficiencies [3][4] Financial Performance - July revenue reached $1.71 million, the highest monthly revenue recorded by the company [2] - Annualized sales are now above $20 million, consistent with the company's guidance for the full year [3] Operational Strategy - The improvement in gross margin is linked to the scaling of the U.S. production base and enhanced manufacturing efficiencies [3] - The CEO highlighted that the success of the U.S. manufacturing model and American-made products is evident in the marketplace [4] Future Growth Prospects - New products expected in the second half of 2025, including the HD3 heavy-duty tonneau cover, SOLIS solar cover, and COR modular power system, are anticipated to support further growth [4] - The company is diversifying its treasury by incorporating Bitcoin and XRP, viewing cryptocurrency reserves as a complement to long-term growth plans [5][6] - Worksport is exploring crypto payment options for e-commerce to reduce transaction costs and expand customer reach [6]

Core Insights - Expedia Group (EXPE) reported second-quarter 2025 adjusted earnings of $4.24 per share, exceeding the Zacks Consensus Estimate by 2.42% and reflecting a year-over-year increase of 20.8% [1] - Revenues reached $3.79 billion, a 6.4% year-over-year rise, also surpassing the Zacks Consensus Estimate by 1.94% [1] - B2B revenues grew by 15% year over year to $1.21 billion, while B2C revenues increased by 2% to $2.48 billion [1] Gross Bookings - Total gross bookings amounted to $30.4 billion, marking a 5% year-over-year increase [2] - B2C gross bookings rose by 1%, while B2B gross bookings surged by 17%, achieving the 16th consecutive quarter of double-digit growth [2] - Lodging gross bookings increased by 6% year over year to $22.07 billion, with hotel bookings climbing by 8% [2] Operating Performance - Adjusted EBITDA for the quarter was $908 million, up 15.5% year over year, with an adjusted EBITDA margin of 24%, expanding by 190 basis points [3] - Direct sales and marketing expenses were $1.92 billion, representing 50.7% of revenues, an increase of 7.1% year over year [3] - Overhead expenses totaled $637 million, accounting for 16.8% of revenues, up 5.1% year over year [3] Profitability Metrics - Adjusted EBIT increased by 22.7% year over year to $583 million, with an adjusted EBIT margin improving by 200 basis points to 15.4% [4] Balance Sheet Overview - As of June 30, 2025, cash and cash equivalents and short-term investments were $6.7 billion, up from $6.1 billion as of March 31, 2025 [5] - Long-term debt stood at $4.466 billion, slightly up from $4.465 billion as of March 31, 2025 [5] - The gross leverage ratio was maintained at 2x, aligning with the target to uphold an investment-grade rating [5] Cash Flow - Net cash provided by operating activities was $1.12 billion for the quarter, with free cash flow amounting to $921 million [6] Future Guidance - For Q3 2025, EXPE expects gross bookings growth in the range of 5-7% and revenue growth between 4-6% [7] - The company anticipates adjusted EBITDA margins to increase by 50-100 basis points year over year for Q3 [9] - For the full year 2025, EXPE projects gross bookings and revenue growth in the 3-5% range, with adjusted EBITDA margin expansion of more than 100 basis points year over year [9]

Group 1 - Penske Automotive reported quarterly earnings of $3.78 per share, exceeding the Zacks Consensus Estimate of $3.56 per share, and showing an increase from $3.61 per share a year ago, resulting in an earnings surprise of +6.18% [1] - The company posted revenues of $7.66 billion for the quarter ended June 2025, which was a 2.63% miss compared to the Zacks Consensus Estimate, and a slight decrease from $7.7 billion year-over-year [2] - Penske shares have increased by approximately 10.2% since the beginning of the year, outperforming the S&P 500's gain of 8.3% [3] Group 2 - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to those expectations [4] - The trend of estimate revisions for Penske was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] - The current consensus EPS estimate for the upcoming quarter is $3.51 on revenues of $7.69 billion, and for the current fiscal year, it is $13.73 on revenues of $30.78 billion [7] Group 3 - The Automotive - Retail and Whole Sales industry, to which Penske belongs, is currently ranked in the bottom 35% of over 250 Zacks industries, which may negatively impact stock performance [8] - Worksport Ltd., another company in the same industry, is expected to report a quarterly loss of $0.76 per share, reflecting a year-over-year change of +49.3%, with revenues anticipated to be $4.07 million, up 112% from the previous year [9]

分组1 - Asbury Automotive Group reported quarterly earnings of $7.43 per share, exceeding the Zacks Consensus Estimate of $6.82 per share, and showing an increase from $6.4 per share a year ago, resulting in an earnings surprise of +8.94% [1] - The company posted revenues of $4.37 billion for the quarter ended June 2025, which was below the Zacks Consensus Estimate by 1.73%, and an increase from $4.25 billion year-over-year [2] - Over the last four quarters, Asbury Automotive has surpassed consensus EPS estimates two times and topped revenue estimates only once [2] 分组2 - The stock has underperformed the market, losing about 5.7% since the beginning of the year, while the S&P 500 has gained 8.6% [3] - The current consensus EPS estimate for the upcoming quarter is $6.36 on revenues of $4.59 billion, and for the current fiscal year, it is $26.59 on revenues of $18.07 billion [7] - The Zacks Industry Rank for Automotive - Retail and Whole Sales is currently in the bottom 37% of over 250 Zacks industries, indicating potential challenges for stock performance [8]