SARATOGA SPRINGS, N.Y., Oct. 22, 2025 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces that full-scale production and testing operations are now underway at its new Magnetics Center of Excellence, following the previously announced completion of construction in April 2025. According to US Navy sources, the Surface Combatant Industrial Base Development Initiative is designed to strengthen the nation’s shipbuilding industrial base and support the increased production rates req ...

Core Insights - Chewy Inc. (CHWY) reported a strong performance in Q1 fiscal 2025, with net sales increasing by 8.3% year over year to $3.12 billion, surpassing guidance due to strong engagement in core categories [1][10] - The Autoship program was a significant growth driver, contributing $2.56 billion in sales, which is 82.2% of total net sales, and showing a year-over-year growth of 14.8% [2][10] - Chewy's active customer base grew to 20.8 million, reflecting a 3.8% increase, driven by effective customer acquisition strategies [2] Segment Performance - The hardgoods segment saw a year-over-year growth of 12.3%, supported by improved customer experience and faster SKU onboarding [1] - Chewy Vet Care expanded to 11 clinics across four states, with strong customer utilization, as about half of first-time customers ordered from Chewy.com within 30 days [3] - The Chewy+ membership program showed promising adoption, leading to a 3.7% increase in net sales per active customer to $583 [4] Financial Guidance and Valuation - Chewy maintained its fiscal 2025 revenue guidance of $12.3 billion to $12.45 billion, indicating a growth of 6-7% when adjusted for the previous year's extra week [5] - The company trades at a forward price-to-sales ratio of 1.17X, which is below the industry average of 2.17X, indicating potential undervaluation [11] - The Zacks Consensus Estimate for Chewy's fiscal 2025 and 2026 earnings suggests year-over-year growth of 23.1% and 19.5%, respectively, with recent upward revisions in estimates [12]

Core Insights - Signing Day Sports achieved a 66% year-over-year reduction in net loss, reflecting improved operating efficiency [2][8] - The company is focused on driving higher-margin, subscription-based revenues through enhanced digital platforms and strategic partnerships [2][3] Financial Performance - Revenue for the quarter ended March 31, 2025, was approximately $0.15 million, down from approximately $0.23 million in the same period of 2024 [8] - General and administrative expenses decreased to approximately $0.97 million from approximately $2.04 million year-over-year [8] - Net loss for the quarter was approximately $0.84 million, compared to a net loss of approximately $2.50 million in the same period in 2024 [8] Business Strategy - The company hosted five U.S. Army Bowl Regional Combines, attracting nearly 1,000 high school athletes, indicating strong demand for verified performance data [2][3] - Signing Day Sports expanded its digital footprint with weekly recruiting webinars to enhance engagement with college coaches and promote top student-athletes [3] - The renewal of the partnership with the U.S. Army Bowl through 2026 allows the company to maintain exclusive rights to national and regional combines, generating revenue from athlete registrations [3]