Lucid Motors is laying off 12% of its workforce in a bid to “improve operational effectiveness and optimize our resources as we continue on our path toward profitability,” according to an internal memo that was obtained by TechCrunch. Hourly workers on the manufacturing, logistics, and quality teams are not affected by the cuts, according to the memo, which was sent to employees being spared by the layoffs. It’s unclear exactly how many workers are being laid off, but it is likely in the hundreds. Lucid Mot ...

Stratus Properties (NASDAQ:STRS – Get Free Report) and MJ (OTCMKTS:MJNE – Get Free Report) are both small-cap finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their analyst recommendations, profitability, risk, institutional ownership, dividends, valuation and earnings. Get Stratus Properties alerts: Analyst RecommendationsThis is a breakdown of current ratings and price targets for Stratus Properties and MJ, as provided by MarketBeat. Sel ...

Core Insights - Carvana's stock dropped 8% to just under $333, marking a loss of about 20% in value since the beginning of the year due to disappointing fourth-quarter profit metrics despite solid sales numbers [1][1][1] Financial Performance - The company's gross profit per unit for the fourth quarter was $6,427, which was below analysts' expectations and represented a year-over-year decline [1][1] - Carvana reported a 58% year-over-year increase in revenue, reaching $5.6 billion in the fourth quarter, surpassing analyst consensus [1][1] Cost Concerns - The company indicated that some costs were higher than anticipated and warned of potentially elevated vehicle reconditioning costs in the first quarter, although it expects per-vehicle profits to improve [1][1] Analyst Sentiment - Following the results, analysts from Wedbush and JPMorgan reduced their price targets for Carvana to $425 and $490, respectively, but both firms remain optimistic about the company's growth potential [1][1] - Twelve out of thirteen analysts tracked by Visible Alpha have issued "buy" or equivalent recommendations, with an average price target of $450, suggesting a 35% upside from the current stock level [1][1]

Core Insights - Investors should focus on companies that deliver strong returns after considering both operating and non-operating expenses, making profitable businesses more appealing than those with losses [1] - The net income ratio is a key measure of profitability, reflecting the percentage of net income relative to total sales revenues, indicating a company's effectiveness in managing expenses [3] Company Highlights - Micron Technology, Inc. (MU) has a net profit margin of 28.2% and an expected earnings growth rate of 307.5% for the current year, making it a top pick for profitability [6][8] - Ralph Lauren Corporation (RL) has a net profit margin of 11.7% with an expected earnings growth rate of 30.5% for the current year, positioning it as a strong candidate for investment [7][8] - Modine Manufacturing Company (MOD) has a net profit margin of 3.4% and an expected earnings growth rate of 18.8% for the current year, also qualifying as a profitable investment option [9][8] Screening Criteria - The screening process identified stocks with a Zacks Rank of 1 (Strong Buy), indicating a history of outperformance regardless of market conditions [4] - Companies with trailing 12-month sales and net income growth higher than their industry are likely to perform well, alongside those with a net income ratio exceeding their industry average [5] - A strong buy percentage rating greater than 70% indicates that a significant majority of broker recommendations favor these stocks [5]

-- Carvana Stock Drops 10% Thursday, Deepening Its Recent Rout. Here's Why [Stocks Climb Amid Easing AI Fears][Berkshire Sold These 2 Big Tech Stocks in Q4][What to Expect from Walmart Earnings Thursday][What Is an Olympic Gold Medal Worth?]- Top StoriesWith Thursday's drop, Carvana shares have lost about one-quarter of their value since the start of the year.Kevin Carter / Getty ImagesClose### Key Takeaways- The company said some costs came in higher than anticipated, and warned it could face elevated vehi ...

Core Insights - Electrolux (ELUXY) has faced significant challenges in profitability, rising debt, and a difficult macroeconomic environment over the past years [1] - The company's stock has declined over 63% in the last five years [1] Company Challenges - Profitability issues have been a major concern for Electrolux, impacting its overall financial health [1] - Rising debt levels have added to the financial strain on the company [1] - The macroeconomic environment has posed additional challenges, affecting the company's performance [1]

Core Insights - Wayfair's annual sales increased for the first time since 2020, with a revenue growth of 5.1% to $12.5 billion in 2025, following a decline of over 1% in 2024 [1] - The company exceeded Wall Street expectations for both revenue and earnings in its fiscal fourth quarter, reporting adjusted earnings per share of 85 cents compared to an expected 66 cents [2][9] - Wayfair experienced a loss of $116 million, or 89 cents per share, in Q4, an improvement from a loss of $128 million, or $1.02 per share, a year earlier [3] Revenue and Earnings Performance - In Q4, Wayfair's revenue rose to $3.34 billion, up approximately 7% from $3.12 billion a year earlier, marking the second consecutive quarter of revenue growth [4] - The adjusted EBITDA for the quarter was $224 million, surpassing expectations of $200 million [4][5] Customer Growth and Market Position - Wayfair achieved its third consecutive quarter of new customer growth, alongside healthy growth in repeat orders, despite a contracting category in the furniture industry [3] - Average order values increased to $301 from $290 in the previous year, with the number of orders delivered growing at a similar pace [7] Strategic Initiatives - The company has focused on enhancing customer experience through initiatives like a rewards program and product quality verification, which have contributed to market share gains [8] - Wayfair's positioning as a value-oriented retailer has resonated with consumers prioritizing lower prices amid a challenging economic environment for the furniture industry [6]

AVITA Medical (NasdaqCM:RCEL) Update / briefing February 18, 2026 05:00 PM ET Company ParticipantsBen Atkins - VP of Investor Relations and Corporate CommunicationsCary Vance - Interim CEODavid O'Toole - CFOCary VanceUnderstanding, trying to understand our business, wanting to become more, predictable, forecastable, credible, to, to understand how we might remove some of the noise and distraction as well around our, our covenants. And, the goal over the fourth quarter was not only to start, understanding ou ...

Core Viewpoint - Crown Crafts, Inc. reported a mixed performance for the third quarter of fiscal 2026, with significant declines in net sales and gross profit, but a notable increase in net income and earnings per share, driven by nonrecurring insurance proceeds [2][5]. Financial Performance - Net sales decreased by 11.3% year over year to $20.7 million from $23.4 million [2] - Gross profit fell by 20.3% to $4.9 million from $6.1 million, with gross margin compressing to 23.5% from 26.1% [2] - Net income increased by 69.1% to $1.5 million from $0.9 million, while diluted earnings per share rose by 55.6% to $0.14 from $0.09 [2] Product Category Performance - Sales of bedding and diaper bags dropped by 29.8% to $7.8 million from $11.2 million [3] - Sales of bibs, toys, and disposable products increased by 5.8% to $12.9 million from $12.2 million, indicating a divergence in product performance [3] Operating Metrics - Operating income swung to a loss of $0.1 million from income of $1.7 million a year earlier [4] - Marketing and administrative expenses increased by 12.9% year over year to $4.9 million from $4.4 million, rising to 24% of sales from 18.8% [4] Other Income and Expenses - Other income rose sharply to $2.5 million from a $33,000 expense in the prior-year period, primarily due to insurance proceeds [5] - The net impact of these proceeds added $2.1 million to income before taxes [5] Balance Sheet Overview - Inventories stood at $31.2 million at quarter-end, up from $27.8 million at fiscal year-end [6] - Total debt was approximately $16.4 million, including $11.3 million under the revolving line of credit [6] - Net cash provided by operating activities for the nine-month period was $7.1 million, slightly above the prior year's $6.9 million [6] Management Commentary - Management noted a challenging demand backdrop and elevated tariffs affecting products sourced from China, contributing to gross margin contraction [7] - Uneven consumer spending and retailer program changes were cited as headwinds, particularly in bedding and diaper bags [7] Strategic Focus - Management emphasized ongoing pricing actions, cost controls, and operational consolidation to drive profitability in a difficult macro environment [8] - The company did not provide formal financial guidance but expressed confidence in meeting liquidity needs through operational cash flow and available credit [12] Recent Developments - Crown Crafts announced the relaunch of the "Groovy Girls" line of soft fashion dolls by Manhattan Toy, available starting May 2026, reflecting a focus on internal product development [13]

Core Insights - Leidos reported mixed Q4 results, beating earnings expectations but missing revenue estimates due to a government shutdown and timing factors [1] - The company achieved record free cash flow of $452 million, more than doubling from the previous year, and net income increased by 18% year-over-year [1] - Leidos announced a $2.4 billion acquisition of Entrust, enhancing its energy infrastructure capabilities, and reported a total backlog of $49 billion [1] Financial Performance - Non-GAAP diluted EPS for Q4 was $2.76, exceeding the consensus estimate of $2.66 by 3.8% [1] - Revenue for Q4 was $4.21 billion, falling short of the $4.40 billion estimate by 4.4%, reflecting a 3.6% year-over-year decline [1] - Operating cash flow reached $495 million, marking the best Q4 performance ever, with free cash flow achieving a 127% conversion rate [1] Strategic Moves - The acquisition of Entrust for $2.4 billion is aimed at expanding Leidos's capabilities in energy infrastructure [1] - Major contract wins include a $2.2 billion award for Air Force air base defense systems and a position on the MDA's SHIELD IDIQ with a $151 billion ceiling [1] - Total backlog reached $49 billion with a 1.3x book-to-bill ratio in Q4, indicating strong future revenue potential [1] Future Guidance - For fiscal 2026, Leidos provided revenue guidance of $17.2 billion to $17.8 billion and non-GAAP EPS guidance of $12.10 to $12.60, suggesting continued margin expansion and earnings growth [1]