Core Viewpoint - Griffon Corporation's recent earnings report showed mixed results, with revenues increasing but adjusted earnings missing estimates, leading to a 13.8% rise in shares since the last report, outperforming the S&P 500 [1] Financial Performance - Griffon reported adjusted earnings of $1.54 per share for Q4 fiscal 2025, missing the Zacks Consensus Estimate of $1.56, but showing a 4.8% year-over-year increase [2] - Total revenues reached $662.2 million, exceeding the consensus estimate of $630 million, and reflecting a 0.4% year-over-year increase [2] Segmental Performance - Home and Building Products segment, accounting for 63.5% of net revenues, generated $420.3 million, a 3% year-over-year increase, driven by favorable pricing and mix [3] - Consumer and Professional Products segment revenues totaled $241.9 million, down 4% year-over-year, impacted by an 8% volume reduction due to decreased consumer demand in the US and UK [4] Margin and Cost Analysis - Adjusted gross margin improved to 41.7% from 41.1% year-over-year, despite a 2.6% decrease in cost of sales to $385.9 million [6] - Selling, general and administrative expenses rose by 3.6% year-over-year to $157.3 million [6] Balance Sheet and Cash Flow - Cash and cash equivalents at the end of Q4 were $99 million, down from $114.4 million at the end of fiscal 2024, while long-term debt decreased to $1.40 billion from $1.52 billion [7] - The company generated net cash of $357.4 million from operating activities, compared to $380 million in the previous year [7] Shareholder Returns - Griffon paid out dividends of $39.7 million and repurchased shares worth $183.3 million during the same period, with $298 million remaining under the share repurchase program [8] Future Outlook - For fiscal 2026, Griffon anticipates net sales of $2.5 billion and adjusted EBITDA in the range of $580-$600 million, with specific margin expectations for both segments [10] - Interest expense is projected at $93 million, and capital expenditures are expected to be $60 million for the fiscal year [10] Estimate Trends - Recent estimates for Griffon have trended downward, with a consensus estimate shift of -16.98% [11] - The stock currently holds a Zacks Rank 4 (Sell), indicating expectations of below-average returns in the coming months [13]

Core Viewpoint - Target Corporation's recent earnings report shows a mixed performance with a decline in revenues and comparable sales, but an earnings beat, indicating resilience in certain areas despite ongoing consumer pressures [2][4][5]. Financial Performance - Target reported adjusted earnings of $1.78 per share, beating the Zacks Consensus Estimate of $1.76, but down from $1.85 in the previous year [4]. - Total revenues were $25,270 million, missing the Zacks Consensus Estimate of $25,360 million, and reflecting a 1.5% year-over-year decline [5]. - Merchandise sales decreased by 1.9% to $24,752 million, while non-merchandise sales grew by 17.7%, driven by Roundel advertising and membership growth [5]. Comparable Sales and Traffic - Comparable sales fell by 2.7%, following a 1.9% decline in the previous quarter, with a 3.8% drop in comparable store sales but a 2.4% increase in comparable digital sales [6]. - Traffic decreased by 2.2%, and the average transaction amount declined by 0.5% [7]. Margins and Operational Efficiency - Gross margin was 28.2%, slightly down from 28.3% the previous year, with markdowns offset by lower inventory shrink and higher advertising revenues [8]. - Adjusted operating margin rate was 4.4%, down 20 basis points from the previous year, aligning with estimates [8]. Financial Health - Target ended the quarter with cash and cash equivalents of $3,822 million and long-term debt of $15,366 million [9]. - The company paid out $518 million in dividends and repurchased $152 million worth of shares, retiring 1.7 million shares at an average price of $91.59 [9]. Future Outlook - For the fourth quarter, Target expects a low-single-digit decline in sales, with adjusted earnings projected between $7.00 and $8.00 per share [11]. - The company aims to enhance guest experience and traffic recovery through exclusive items, next-day shipping, and aggressive pricing strategies [12]. Estimate Trends - Estimates for Target have trended downward over the past month, indicating a shift in market expectations [13][15]. - The stock currently holds a Zacks Rank 3 (Hold), suggesting an expectation of in-line returns in the coming months [15].

Core Viewpoint - Aspo Plc has conducted a share repurchase, acquiring 3,000 shares at an average price of €6.5067 per share, totaling €19,520.10, which increases its total holdings to 97,000 shares [1]. Group 1: Share Repurchase Details - The share repurchase occurred on December 19, 2025, on the Helsinki Stock Exchange [1]. - The average price per share for the repurchase was €6.5067 [1]. - The total cost of the shares repurchased was €19,520.10 [1]. Group 2: Compliance and Regulations - The share buybacks are executed in compliance with Regulation No. 596/2014 of the European Parliament and Council (MAR) Article 5 [1]. - The buybacks also adhere to the Commission Delegated Regulation (EU) 2016/1052 [1].

Core Viewpoint - Nucor Corporation is facing challenges in its fourth-quarter earnings guidance, which is below analyst expectations, but remains optimistic about recovery in 2026 due to improving order backlogs [2][4][6] Financial Performance - Nucor's projected earnings per share (EPS) for the fourth quarter is between $1.65 and $1.75, which is below the consensus estimate of $2.18 [2][6] - The company's current stock price is $160.69, reflecting a decrease of 0.97% or $1.57 [5] - Nucor's market capitalization is approximately $36.78 billion [5] Operational Segments - The anticipated decline in earnings is attributed to seasonal pressures and fewer shipping days, affecting all three operating segments: steel mills, steel products, and raw materials [3] - In the steel mills segment, earnings are expected to decrease due to lower volumes and margin compression, particularly in sheet products [3] - The steel products segment faces challenges with lower volumes and higher average costs per ton, although improved average pricing may provide some relief [3] Shareholder Actions - Nucor has continued its share repurchase program, buying back approximately 0.7 million shares in the fourth quarter at an average price of $145.23, bringing total repurchases for the year to about 5.4 million shares [4][6] Market Outlook - Despite current challenges, Nucor remains optimistic about a recovery in 2026, driven by improving order backlogs [4][6]

Core Viewpoint - DIRTT Environmental Solutions Ltd. has announced the renewal of its Normal Course Issuer Bid (NCIB) to enhance shareholder value through opportunistic share repurchases [1][2]. Group 1: Renewed NCIB Details - The Renewed NCIB will commence on December 22, 2025, and will terminate on December 21, 2026, following the expiry of the current NCIB [1]. - Under the Renewed NCIB, DIRTT is authorized to repurchase up to 9,593,878 Common Shares, which is 5.0% of the issued and outstanding shares as of December 8, 2025 [2]. - The daily purchase limit is set at approximately 25% of the average daily trading volume, which is 35,669 Common Shares over the last six months [2]. Group 2: Prior NCIB Performance - Under the Prior NCIB, DIRTT purchased 1,749,974 Common Shares at a volume-weighted average price of C$0.95, representing approximately 3.89% of the issued shares as of December 9, 2024 [3]. - Additionally, DIRTT acquired 3,920,844 Common Shares directly from NGEN III, LP, which counted towards the maximum repurchase limit under the Prior NCIB [3]. Group 3: Repurchase Plans - DIRTT plans to implement an Issuer Repurchase Plan Agreement (IRPA) and an Automatic Repurchase Plan Agreement (ARPP) in connection with the Renewed NCIB [4]. - The ARPP will allow for share repurchases during regulatory black-out periods, provided DIRTT is not in possession of material non-public information [4]. - All purchases made under the IRPA and ARPP will count towards the total number of shares repurchased under the Renewed NCIB [4]. Group 4: Company Overview - DIRTT is a leader in industrialized construction, providing a system of physical products and digital tools for adaptable interior environments across various sectors including workplace, healthcare, education, and public [8]. - The company's solutions are designed to offer flexibility and adaptability, allowing organizations to reconfigure spaces as their needs evolve [8].

Core Viewpoint - OraSure Technologies, Inc. is facing a potential board nomination challenge from Altai Capital, which intends to nominate two candidates for the Board of Directors at the 2026 Annual Meeting of Stockholders [1][5]. Group 1: Board Composition and Shareholder Engagement - The OraSure Board and management are focused on shareholder value creation and have engaged in discussions with Altai Capital regarding board composition [2][3]. - The Board has undergone significant refreshment over the past three years, with seven directors departing and three new independent directors added, including Steven K. Boyd in October 2025 [3]. - The Board has offered to engage further with Altai Capital, but Altai has not accepted these invitations [2]. Group 2: Strategic Initiatives and Financial Position - OraSure is executing a strategy to decentralize diagnostics and improve performance, including a $40 million share repurchase program initiated earlier this year [4]. - The company maintains a strong cash position with $216 million on the balance sheet as of September 30, 2025, and has no debt [7]. - OraSure is consolidating operations and insourcing manufacturing to improve margins while exiting unprofitable business lines [7]. Group 3: Future Plans and Product Development - The company is advancing its innovation roadmap with anticipated FDA submissions for new diagnostic products, including the Sherlock rapid molecular self-test and HEMAcollect PROTEIN blood collection tube [7]. - OraSure aims to strengthen its portfolio and focus on high-growth opportunities across diagnostics and sample management solutions [7].

Core Viewpoint - Truist Financial Corporation has authorized a new share-repurchase program of up to $10 billion, reflecting its commitment to long-term shareholder value while maintaining strong capital levels [1][2]. Group 1: Share Repurchase Program - The new share-repurchase program replaces the previous one, which had approximately $1.5 billion remaining for common stock repurchases [2]. - The repurchases may occur through various methods, including open market purchases and privately negotiated transactions, at management's discretion [3]. - The program is flexible and does not obligate the company to acquire a specific dollar amount or number of shares, allowing for modifications or discontinuation at any time [3]. Group 2: Company Overview - Truist Financial Corporation is a purpose-driven financial services company headquartered in Charlotte, North Carolina, with total assets of $544 billion as of September 30, 2025 [4]. - The company has a leading market share in high-growth markets in the U.S. and offers a wide range of financial products and services, including consumer banking, commercial banking, investment banking, and wealth management [4].

Core Viewpoint - Independent Bank Corporation has authorized a share repurchase plan for 2026, allowing the buyback of up to 1,100,000 shares, which is approximately 5% of its common stock [1]. Group 1: Share Repurchase Plan - The 2026 share repurchase plan is set to last through December 31, 2026, and will primarily be executed through open market transactions, although other methods may be considered [2]. - The timing and amount of share repurchases will depend on various factors, including securities law restrictions, trading price, regulatory requirements, alternative capital uses, and the company's financial performance [2]. - The company has no obligation to repurchase a specific amount of stock, and the plan can be modified or suspended at its discretion [2]. Group 2: Previous Share Repurchase Activity - The 2025 share repurchase plan will expire on December 31, 2025, with 407,113 shares repurchased at an aggregate cost of $12.4 million as of December 16, 2025 [3]. Group 3: Company Overview - Independent Bank Corporation, a Michigan-based bank holding company, has total assets of approximately $5.5 billion and operates a branch network across Michigan's Lower Peninsula [4]. - The company provides a full range of financial services, including commercial banking, mortgage lending, investments, insurance, and title services [4].

Core Viewpoint - Planet Fitness has announced a $350 million accelerated share repurchase agreement with Citibank as part of its broader $500 million share repurchase program initiated in June 2024 [1][2]. Share Repurchase Agreement - The company will pay Citibank $350 million in cash and will initially receive approximately 2.5 million shares of its Class A common stock, representing about 80% of the expected repurchase under the agreement [2]. - The final number of shares repurchased will depend on the average daily volume-weighted prices during the transaction period, subject to discounts and adjustments [2]. - The final settlement of the ASR Agreement is anticipated to occur by the first quarter of 2026 [2]. New Share Repurchase Program - The Board of Directors has authorized a new share repurchase program of up to $500 million, which will take effect upon completion of the ASR Agreement, replacing the existing 2024 program [3]. - The timing and amount of stock repurchased will be at the company's discretion, influenced by market conditions, working capital needs, stock price, and legal requirements [3]. - The company is not obligated to repurchase any specific amount of stock and can suspend or terminate the program at any time [3]. Company Overview - Planet Fitness, founded in 1992, is a leading franchisor and operator of fitness centers, with approximately 20.7 million members and 2,795 clubs across various regions including the U.S., Canada, and several other countries as of September 30, 2025 [4]. - The company's mission is to provide a high-quality fitness experience in a welcoming environment, known as the Judgement Free Zone, with over 90% of clubs operated by independent franchisees [4].

Core Points - Marriott Vacations Worldwide Corporation announced an increase in its quarterly dividend to $0.80 per share, payable on or around January 7, 2026, to stockholders of record as of December 24, 2025 [1] - The Board of Directors extended the share repurchase authorization through December 31, 2026, allowing for various methods of repurchase depending on market conditions and other factors [1][2] Company Overview - Marriott Vacations Worldwide Corporation is a leading global vacation company offering vacation ownership, exchange, rental, and resort management services, with a portfolio of 120 vacation ownership resorts and approximately 700,000 owner families [3] - The company operates an exchange network and membership programs with over 3,200 affiliated resorts in more than 90 countries and territories, maintaining long-term relationships with Marriott International, Inc. and Hyatt Hotels Corporation [3]