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Dr. Martens’ Stock Takes Hit Despite Turnaround Progress in the First Half
Yahoo Finance· 2025-11-20 20:17
Dr. Martens’ chief executive officer Ije Nwokorie, who took the helm earlier this year, said on Thursday that the while the company is still in its “early days” of a turnaround, he is “happy” with the advances it is making in the business. The CEO added that this strategic progress, as well as the benefits from the cost action plan implemented last year and its continued focus on cost management, is “delivering a meaningful improvement” in the company’s financial performance including a continued reductio ...
Fossil Stock Sinks 18% as Q3 Loss Widens Y/Y Amid DTC Weakness
ZACKS· 2025-11-19 19:21
Shares of Fossil Group, Inc. (FOSL) have declined 17.7% since the company reported its third-quarter earnings for the period ended Oct. 4, 2025, underperforming the broader market. Over the past month, the stock has tumbled 24%, significantly steeper than the S&P 500 index’s 1.2% loss in the same period. The post-earnings selloff reflects investor concern about ongoing operational challenges and a difficult retail environment.For the third quarter of fiscal 2025, Fossil incurred an adjusted net loss of 63 c ...
Starbucks Down 15% in a Year: Time to Buy the Stock or Stay Cautious?
ZACKS· 2025-11-19 17:16
Key Takeaways Starbucks' shares are down 15% amid margin pressure and a slow U.S. traffic recovery.Higher coffee costs, labor investments and store closures continue to weigh on results.Global comps turned positive, with stronger international revenues and improving U.S. momentum.Starbucks Corporation (SBUX) has struggled to regain investor confidence, with shares down roughly 15% over the past year. Despite returning to positive same-store sales growth in the latest quarter, profitability remains under pre ...
Target slashes prices on thousands of items in bid to revive slipping sales
Fox Business· 2025-11-19 11:51
Core Insights - Target is implementing price cuts on 3,000 food and household items to address declining sales and support families during the holiday season [1][4] - The company has significantly expanded its holiday product assortment, adding 20,000 new gifts, including thousands of toys priced under $20 [2][4] - Target's new CEO, Michael Fiddelke, is adopting a cautious approach to navigate the current economic challenges and has revised the full-year profit forecast down to $7 to $8 per share [8][10] Sales Performance - Target experienced a 2.7% decline in store sales and a 1.5% drop in total revenue in the latest quarter [6] - Adjusted earnings per share fell by 4% compared to the previous year, indicating ongoing financial struggles [6] Strategic Initiatives - The company is cutting approximately 1,000 corporate positions and eliminating 800 open roles to streamline decision-making and drive growth [11] - Target is investing $5 billion by 2026, which is about 25% more than in 2025, aimed at remodeling stores, building new large-format stores, and enhancing supply chain and technology [13] Market Context - The retail sector is facing challenges as consumers cut back on discretionary spending due to economic pressures, impacting retailers like Target that rely heavily on such products [5]
Housebuilder to slash jobs and shut operations as it warns over Budget
Yahoo Finance· 2025-11-18 13:19
Crest Nicholson built 1,691 homes last year, which was at the lower end of the housebuilder’s 1,700 to 1,900 target - Chris Ratcliffe/Bloomberg A major housebuilder is preparing to cut jobs and shut some operations as Budget uncertainty takes its toll on the housing market. Crest Nicholson, which built almost 1,700 homes last year, said it was preparing to close one of its regional offices in a move that will put around 50 roles at risk. The decision comes amid what Martyn Clark, chief executive of Crest ...
MARPAI REPORTS THIRD QUARTER 2025 FINANCIAL RESULTS
Prnewswire· 2025-11-12 22:39
Core Insights - Marpai, Inc. is experiencing a significant turnaround driven by cost discipline and operational efficiency, positioning itself for strong growth in 2026 [1][2]. Financial Performance - For Q3 2025, Marpai achieved a 24% reduction in operating expenses, decreasing from $5.0 million to $3.8 million, resulting in approximately $1.2 million in cost savings [3][10]. - The operating loss improved by 9%, narrowing from $3.1 million to $2.8 million year-over-year, indicating consistent progress towards profitability [3][10]. - The net loss showed a slight improvement of 2%, decreasing from $3.6 million in Q3 2024 to $3.5 million in Q3 2025 [10]. Growth Outlook - Marpai's sales momentum is strong, with over double-digit new clients contracted for January 1, 2026, indicating a considerable increase in the client base [4]. - The integrated MarpaiRx PBM offering is gaining traction, expanding the total addressable market and enhancing value per client [4]. Strategic Initiatives - The company is focusing on automation, data-driven claims management, and integrated pharmacy benefits to meet industry demand for cost transparency and smarter benefits administration [5]. - Marpai completed a Private Investment in Public Equity (PIPE) transaction, raising gross proceeds of $3.9 million, which will support its turnaround strategy [6]. Operational Efficiency - The company is operating with a leaner model designed to convert future revenue growth into earnings leverage, with a strong pipeline for 2026 [5]. - Marpai's disciplined investment approach and operational rigor are transitioning it from a turnaround story to one focused on profitability and shareholder value [5].
Hain Celestial to cut 30% of North America SKUs under turnaround
Yahoo Finance· 2025-11-10 12:35
Hain Celestial plans to cut around 30% of its SKUs in North America, the US-based better-for-you food and drink maker’s largest market. Reporting first-quarter results last week, interim president and CEO Alison Lewis outlined more detail on the priorities set out in September, when she said Hain Celestial would “aggressively” trim the portfolio as part of a turnaround strategy to “stabilise” the business. “We remain committed to building a winning, simpler portfolio by exiting unprofitable or low-margin ...
Why Is Krispy Kreme (DNUT) Stock Soaring Today
Yahoo Finance· 2025-11-07 21:05
Core Insights - Krispy Kreme's shares rose 8.7% following the release of third-quarter financial results, indicating early signs of progress in its turnaround plan despite slightly missing revenue forecasts [1][2] - The company reported an adjusted profit of $0.01 per share, surpassing analyst expectations of a loss, while quarterly sales reached $375.3 million, just below estimates [2] - Management attributed improved profitability to strategic decisions such as closing underperforming U.S. locations and ending the partnership with McDonald's, leading to a 17% increase in adjusted EBITDA and positive free cash flow [2] Market Reaction - The stock closed at $4.17, reflecting a 6.8% increase from the previous close, indicating a positive market response to the financial results [3] - Krispy Kreme's shares have shown extreme volatility, with 43 moves greater than 5% in the past year, suggesting that while the market views this news as significant, it does not fundamentally alter the perception of the business [4] Recent Performance - The stock experienced a notable gain of 13.8% 16 days prior, driven by retail investor interest and positive analyst commentary, alongside high short interest of 15.1% [5] - The company has seen a 57.2% decline in share price since the beginning of the year, trading 64.9% below its 52-week high of $11.86 [6] - An investment of $1,000 at the IPO in June 2021 would now be worth approximately $198.10, highlighting the significant drop in value over time [6]
More Outback Steakhouses expected to close in Bloomin’ Brands turnaround plan
Yahoo Finance· 2025-11-06 17:30
Core Insights - Bloomin' Brands is implementing a turnaround strategy focused on improving its restaurant operations, particularly for Outback Steakhouse [1][7] - The company has closed 21 U.S. restaurants and will not renew leases for an additional 22 locations, with most closures expected over the next four years [4][5] - For the first time since Q1 2023, all four restaurant brands under Bloomin' Brands reported positive comparable sales growth [2] Restaurant Closures - The closures include locations of Outback Steakhouse, Bonefish Grill, and Carrabba's Italian Grill, as stated by CEO Mike Spanos [2] - The company closed 21 restaurants during the three-month period ending September 28, with plans for further closures as leases expire [4] - Previous closures included 41 locations in February 2024, primarily affecting Outback Steakhouse [5] Sales and Traffic Performance - U.S. restaurant traffic decreased by only 0.1% in the most recent quarter, a significant improvement from a 2% decline in the previous quarter [8] - Comparable sales increased by 1.2%, recovering from a 0.1% decline in the prior quarter, with Outback Steakhouse seeing a 0.4% rise in comparable sales [8] - The company is focusing on operational priorities to enhance guest metrics and drive sales and traffic gains [9]
Scotts Miracle-Gro (NYSE:SMG) Faces Competition but Shows Promising Turnaround Efforts
Financial Modeling Prep· 2025-11-06 17:06
Core Insights - Scotts Miracle-Gro is a prominent player in the lawn and garden industry, known for its consumer and professional products, facing competition from companies like Bayer and Syngenta [1] Financial Performance - Stifel Nicolaus has set a price target of $70 for Scotts Miracle-Gro, indicating a potential upside of approximately 25% from its current trading price of $56.02 [2][6] - The stock has recently increased by $1.56, or 2.86%, reflecting positive investor sentiment [2] Strategic Initiatives - The company is implementing a turnaround strategy focused on reducing debt and enhancing free cash flow, which is essential after a challenging year [3][6] - E-commerce sales in the consumer business have risen by 23%, indicating growing momentum [3] - Retailer destocking is nearly complete, which is expected to positively impact performance in 2026 [3] Operational Developments - The Hawthorne unit, which previously faced challenges, is no longer consuming cash, marking a significant improvement for the company [4] - The dividend is now secure and fully covered by free cash flow, providing reassurance to investors regarding financial stability [4][6] Market Metrics - Scotts Miracle-Gro has a market capitalization of approximately $3.23 billion, with a trading volume of 1,445,083 shares [5] - The stock has experienced volatility, trading between $52.75 and $56.51 on the current day, with a yearly high of $83.55 and a low of $45.61 [5]