B&G Foods, Inc. (BGS) posted first-quarter fiscal 2025 results, wherein both top and bottom lines missed the Zacks Consensus Estimate. Both net sales and earnings declined year over year.B&G Foods faced a challenging start to the first quarter of fiscal 2025, impacted by retailer inventory reductions and the timing shift of Easter into the fiscal second quarter. However, the company has seen signs of improving sales trends in recent months. Management remains focused on stabilizing core sales, reshaping the ...

Kyndryl (KD) Q4 2025 Earnings Call May 08, 2025 08:30 AM ET Speaker0 Good day, and thank you for standing by. Welcome to the Kindrel Fourth Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in listen only mode. After the speakers' presentation, there will be a question and answer session. To ask a question during this session, you will need to press 11 on your telephone. You would then hear an automated message advising your hand is raised. To withdraw your question, pl ...

Financial Data and Key Metrics Changes - Ford reported a record revenue of $185 billion for the previous year, marking a 5% increase and the fourth consecutive year of top-line growth [35] - In the first quarter of the current year, revenue was $41 billion, which was down year-over-year due to planned factory downtime [36] - The adjusted free cash flow for last year was $6.7 billion, reflecting a 65% conversion rate [37] Business Line Data and Key Metrics Changes - Ford Pro's full-year revenue for 2024 increased by 15% to $67 billion, with an EBIT of $9 billion and a margin of 13.5% [34] - Sales of off-road performance vehicles grew by 20% in the first quarter in the US [28] - The company has almost 1 million paid subscriptions for its digital software services [32] Market Data and Key Metrics Changes - Ford was the number two electric vehicle brand in the US in 2024 [25] - International operations were collectively profitable in the last quarter, with China contributing $900 million in EBIT [36] - The hybrid sales now account for 10% to 15% of Ford's global sales every month [92] Company Strategy and Development Direction - The Ford Plus strategy aims to transform the company into a higher growth, higher margin, and more capital-efficient business [26] - The company is committed to maintaining its production in the US and has ongoing manufacturing investments in Tennessee, Ohio, and Kentucky [66] - Ford is focused on providing customers with a wide choice of powertrains, including gas, hybrid, and electric vehicles [22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating economic uncertainties and emphasized the importance of policy certainty for US automakers [22] - The company is committed to improving quality, with 70% of annual bonuses linked to quality metrics [76] - Management highlighted the need for a clear plan to address supply chain emissions in line with net zero goals [16] Other Important Information - Ford's commitment to community support was highlighted, including efforts during crises such as water main breaks in Detroit [74] - The company has extended its Ford Power Promise to facilitate home charging for customers [39] - Ford's dividend payout over the last three years exceeded $10 billion [38] Q&A Session Summary Question: Impact of global economic uncertainty and tariffs - Management clarified that Ford has never left the US manufacturing base and highlighted the company's commitment to American production [62] - Tariff impacts were noted as $2.5 billion in negative headwinds, but Ford is better positioned than competitors [65] Question: Stock performance and share buybacks - Management expressed confidence in the company's future value and stated there are no plans for stock buybacks, focusing instead on long-term growth [70][72] Question: Quality improvements and recalls - Management reported a significant reduction in recalls from 8.8 million in 2022 to 4.8 million last year, with ongoing efforts to improve warranty costs [77][78] Question: Future vehicle production plans - Management indicated that while there is nostalgia for past models, the focus will be on future products that meet market demands [81][84] Question: Ford Pro's profitability and potential spin-off - Management confirmed that Ford Pro will remain integrated within the company due to its competitive advantages and growth potential [85][90] Question: EV strategy and competition from low-cost manufacturers - Management emphasized Ford's commitment to a diverse powertrain strategy, including hybrids and affordable EVs, to compete effectively in the market [91][94]

RAPALA VMC CORPORATION, Decisions of general meeting, May 8, 2025 at 4:00 p.m. EET The Annual General Meeting (AGM) of Rapala VMC Corporation has on 8 May 2025 adopted the financial statement of the financial year 2024 and discharged the members of the Board of Directors, the CEO and the deputy CEO from liability for the financial year that ended on 31 December 2024. The AGM approved the remuneration report for governing bodies for the financial year 2024. The AGM approved the Board of Director’s proposal, ...

CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- Black Diamond Group Limited (TSX: BDI, OTCQX:BDIMF) (“Black Diamond” or the “Company”) announces that it has obtained approval of the Toronto Stock Exchange (the “TSX”) to renew its normal course issuer bid (the “NCIB”) with respect to its common shares (the “Common Shares”). The NCIB will commence on May 12, 2025 and will terminate on the earlier of May 11, 2026, the date on which the Company has purchased the maximum number of Common Shares permitted unde ...

Flutter CEO Peter Jackson told CNBC customer-friendly results in the NCAA's college basketball tournament weighed on overall first-quarter results for FanDuel's parent company. The global sports and online gambling platform reported first-quarter adjusted earnings per share of $1.59, missing Wall Street consensus of $1.89 per share, according to LSEG. Revenue for the period also missed Wall Street expectations, at $3.67 billion versus LSEG estimates of $3.84 billion.The company lowered its full-year U.S. gu ...

Group 1 - RBAZ Bancorp, Inc. has completed the sale of substantially all assets and liabilities of Republic Bank to Pima Federal Credit Union effective May 2, 2025 [1] - Following the asset sale, RBAZ's common stock will no longer trade on the OTC Pink Market, and stock transfer records were closed on May 2, 2025 [1] - The Board of Directors has initiated a plan of dissolution for RBAZ, authorizing a cash distribution of $22.00 per share on a fully-diluted basis, expected to be processed within 30 to 45 days [2] Group 2 - RBAZ may consider a second distribution upon completion of the dissolution process, but the exact amount and timing are uncertain due to various factors [3] - Distributions are contingent upon RBAZ settling its debts, taxes, liabilities, and obligations as per applicable law and the dissolution plan [3] Group 3 - Computershare Trust Company, N.A. is acting as the paying agent for shareholder distributions during the dissolution process [4] - Shareholders holding RBAZ stock in "street name" or book-entry form will not need to take action to receive their distribution, as Computershare will process payments automatically [5][6] - Certificated shareholders will need to surrender their original stock certificates and follow instructions from Computershare to receive their distribution [7]

Northrop Grumman Corporation (NOC) recently achieved a major milestone with the successful operational assessment flight testing of its Integrated Viper Electronic Warfare Suite ("IVEWS") on U.S. Air Force F-16 jets. The system proved its effectiveness against advanced radar-guided threats in complex, real-world scenarios, strengthening its potential for full-scale production and deployment. The testing also demonstrated IVEWS' seamless digital interoperability with Northrop's SABR radar, enabling simultane ...

Flotek Industries (FTK) Q1 2025 Earnings Call May 07, 2025 10:00 AM ET Speaker0 Good morning, ladies and gentlemen, and welcome to the Flotek Industries First Quarter twenty twenty five Earnings Conference Call. At this time, all lines are in listen only mode. Following the presentation, we will conduct a question and answer session. This call is being recorded on Wednesday, 05/07/2025. I would now like to turn the conference over to Michael Crotelli, Director of Finance and Investor Relations. Please go ah ...

Amentum Holdings (AMTM) Q2 2025 Earnings Call May 07, 2025 08:30 AM ET Company Participants Nathan Rutledge - SVP - Head of IRJohn Heller - CEOTravis Johnson - CFOTobey Sommer - Managing DirectorSteve Arnette - COOColin Canfield - DirectorKen Herbert - Managing DirectorKristine Liwag - Executive Director Conference Call Participants Andre Madrid - VP - Aerospace and Defense AnalystNoah Poponak - Research Analyst Operator Ladies and gentlemen, thank you for standing by. Good morning, and welcome to Amentum S ...