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Herbert Ong· 2025-06-27 14:31
RT Ale𝕏andra Merz 🇺🇲 (@TeslaBoomerMama)Trying to impress WS in a good half hour, can't say much more. They want to know why retail loves Elon so much.What shall I tell them?Also, quite happy how I still can look "finance" 😆 https://t.co/o8BqE2nZFd ...
High Tide to Open Two New Canna Cabana Locations in Toronto and Winnipeg
Prnewswire· 2025-06-27 10:00
CALGARY, AB, June 27, 2025 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Canna Cabana retail cannabis store located at 1439 Henderson Highway in Winnipeg, Manitoba, will begin selling recreational cannabis products and consumption accessories for adult use on June 27, 2025, and that its Canna Cabana retail cannabis s ...
Chipotle: Expecting Better 2H Trends, Upgrading To Hold, Eyes On The Consumer
Seeking Alpha· 2025-06-27 00:15
Group 1 - The latest US Retail Sales report showed a headline number below Wall Street consensus expectations, indicating potential consumer weakness [1] - The core control reading, which impacts GDP calculations, exceeded forecasts, suggesting underlying consumer resilience [1] Group 2 - The article emphasizes the importance of analyzing macro drivers of various asset classes, including stocks, bonds, commodities, currencies, and crypto [1]
MillerKnoll(MLKN) - 2025 Q4 - Earnings Call Transcript
2025-06-25 22:02
Financial Data and Key Metrics Changes - The company reported adjusted earnings of $0.60 per share for Q4, significantly outperforming guidance, with consolidated net sales of $962 million, up 8.2% year-over-year [20][21] - Consolidated backlog increased by $78 million to $761 million, driven by improved demand [21] - Consolidated gross margin was 39.2%, slightly down from last year but up 130 basis points sequentially [21][22] Business Line Data and Key Metrics Changes - In the North America contract segment, net sales were $496 million, up nearly 13% year-over-year, with new orders at $568 million, reflecting growth of almost 16% [23] - The international contract segment saw net sales of $186 million, up 6.9% year-over-year, with new orders increasing by 3.6% [24] - The global retail segment reported net sales of $280 million, up 2.2% year-over-year, with new orders improving to $280 million, up 7.5% [25][26] Market Data and Key Metrics Changes - The North American contract market experienced a return to order growth in Q4 after a previous decline due to tariffs [14] - Strength was noted in European and UK markets, with significant customer engagement during design events [15] - Office leasing activity is rising, with a 68% increase in days in the office among Fortune 100 companies since 2022 [16] Company Strategy and Development Direction - The company is focused on expanding its retail footprint, planning to open 10 to 15 new stores in fiscal 2026 [10][11] - Investment in product assortment expansion and e-commerce penetration is a key growth lever [11][12] - The company aims to balance long-term growth with prudent cost management and innovation [18] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding the macroeconomic environment, noting a dynamic landscape [14][17] - The company anticipates a return to growth in contract business as the industry recovers [17] - Future guidance for Q1 fiscal 2026 includes expected net sales between $899 million and $939 million, reflecting a 6.7% increase year-over-year [29] Other Important Information - The company paid approximately $52 million in dividends and returned about $85 million to shareholders through share repurchases in fiscal 2025 [27] - Capital expenditures for fiscal 2025 were $107.6 million, with expectations to increase to between $120 million and $130 million in fiscal 2026 [27] Q&A Session Summary Question: Insights on pull forward effect from pricing actions - Management noted a mid-single-digit decline in order entry year-over-year in the early part of the current quarter, aligning with expectations due to pull forward [34][35] Question: Confidence in retail store openings amid softer demand - Management expressed confidence in retail expansion, citing a need in the market and a strategy to open stores prudently [36][37] Question: Clarification on North American pull forward estimates - Management confirmed the estimated pull forward of $55 million to $60 million for the consolidated enterprise, with no significant pull ahead in international markets [48][49] Question: Profitability outlook amid tariffs and pull forward - Management indicated that the impact from pull forward and tariffs would likely affect Q1 and Q2, with expectations for recovery in Q3 and Q4 [55][56] Question: Balance sheet and cash flow considerations - Management highlighted a focus on managing debt levels and capital expenditures for store build-outs while maintaining a strong balance sheet [58]
Are Retail-Wholesale Stocks Lagging Canada Goose (GOOS) This Year?
ZACKS· 2025-06-25 14:41
In Sportsman's Warehouse's case, the consensus EPS estimate for the current year increased 3.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy). To break things down more, Canada Goose belongs to the Retail - Apparel and Shoes industry, a group that includes 39 individual companies and currently sits at #187 in the Zacks Industry Rank. On average, stocks in this group have lost 15.2% this year, meaning that GOOS is performing better in terms of year-to-date returns. Sportsman's War ...
Verano Unveils Bodega-Style Dispensary Experience at Zen Leaf Cave Creek in Phoenix
Globenewswire· 2025-06-25 11:30
Flipping the script on the traditional dispensary format, the new bodega-style shopping experience offers customers the freedom to browse and select their favorite items directly from shelves featuring one of the largest assortments of directly accessible cannabis products in the U.S. Verano will host a grand re-opening weekend-long Summer Festival celebration at Zen Leaf Cave Creek featuring giveaways, local artisan pop-ups, food trucks, and meet-and-greets with rap icons Dizzy Wright and Devin the Dude on ...
Schwab's Liz Ann Sonders: Stocks that have been working will continue to work
CNBC Television· 2025-06-24 19:49
you. We're joined now by Schwab's chief investment strategist, Liz Anne Saunders. It's good to see you.Um, we're not that far away from new highs and you can thank the growth factor for getting us there, can't you. Yeah. So, that's been interesting.Momentum has certainly picked up as a factor doing well and that's not surprising when you get these kind of rip higher rallies. But aside from that, which isn't really a fundamental factor, it's more like a concept. It just means that stocks that have been worki ...
Tokyo Lifestyle Co., Ltd. to Open a New Directly-Operated Store in Hong Kong
Globenewswire· 2025-06-24 12:00
Tokyo, Japan, June 24, 2025 (GLOBE NEWSWIRE) -- Tokyo Lifestyle Co., Ltd. (“Tokyo Lifestyle” or the “Company”) (Nasdaq: TKLF), a retailer and wholesaler of Japanese beauty and health products, sundry products, luxury products, electronic products, collectible cards, trending products as well as other products in Hong Kong, Japan, North America, Thailand and the United Kingdom, today announced that it plans to open a new directly-operated physical store under its flagship brand “Tokyo Lifestyle” (the “Store” ...
Costco's E-Commerce Sales Surge: A Dark Horse Growth Engine?
ZACKS· 2025-06-23 16:00
Key Takeaways COST's e-commerce comparable sales rose 15.7% in Q3, nearly doubling overall comp sales growth of 8%. New features like BNPL via Affirm and personalized promotions are boosting digital engagement. Costco Logistics deliveries surged 31% year over year, supporting growth in bulky-item e-commerce.While Costco Wholesale Corporation (COST) is primarily known for its dominance in brick-and-mortar warehouse retailing, its e-commerce business is steadily gaining traction. The segment may soon emerge ...
Steady Comps Momentum: Will TJX Sustain its Winning Run?
ZACKS· 2025-06-23 15:26
Key Takeaways TJX delivered 3% comparable sales growth in Q1, driven entirely by higher customer traffic. All four segments, led by HomeGoods and international units, contributed to the sales gain. Management guided for 2-3% comparable sales growth in the second quarter of fiscal 2026.The TJX Companies, Inc. (TJX) delivered comparable store sales growth of 3% in the first quarter of fiscal 2026, with all four major divisions contributing to the gain. The growth was entirely driven by increased customer tr ...