Financial Performance - Net sales for fiscal 2025 were $222.3 million, an increase of $21.2 million, or 10.6%, compared to fiscal 2024, primarily due to growth in the traditional channel [272]. - Gross profit for fiscal 2025 was $99.3 million, with a gross margin of 44.6%, an increase of 60 basis points from the prior fiscal year [271]. - The company reported a net loss of $77,000, or ($0.01) per diluted share, significantly improved from a net loss of $12.2 million, or ($0.94) per diluted share, in fiscal 2024 [290]. - Non-GAAP Adjusted EBITDA for fiscal 2025 was $17.7 million, up from $9.8 million in the previous fiscal year [272]. - Non-GAAP Adjusted EBITDA for fiscal year 2025 was $17.7 million, a 80.7% increase from $9.8 million in fiscal year 2024 [293]. Sales Channels - Traditional channel net sales increased by $21.1 million, or 18.1%, driven by higher sales of shooting accessories and outdoor lifestyle products [277]. - International net sales rose by $2.4 million, or 20.0%, primarily due to increased sales in Canada and European markets [277]. - New products accounted for 21.5% of net sales in fiscal 2025, down from 23.2% in fiscal 2024, with over 200 new SKUs introduced annually [278]. Operating Expenses and Cash Flow - Operating expenses decreased by $1.5 million, with research and development expenses increasing by 12.5% to $7.7 million [282]. - Cash generated from operating activities decreased to $1.4 million in fiscal 2025, down 94.5% from $24.5 million in the prior fiscal year [297]. - Total cash flow for fiscal 2025 was $(6.3) million, a decline of 181.0% compared to $7.7 million in fiscal 2024 [297]. - Cash equivalents on hand as of April 30, 2025, were $23.4 million, down from $29.7 million in 2024 [296]. - Cash used in investing activities was $3.9 million in fiscal 2025, a decrease of 34.8% from $6.0 million in fiscal 2024 [301]. - Cash used in financing activities was $3.7 million in fiscal 2025, significantly lower than $10.8 million in the prior fiscal year [302]. Inventory and Obligations - The company had an order backlog of $2.6 million as of April 30, 2025, which was $1.4 million lower than the previous year [279]. - The company expects inventory to increase in Q1 of fiscal 2026 due to purchases for new product launches and seasonal demand [300]. - Total contractual obligations as of April 30, 2025, amounted to $80.1 million, with $33.6 million due within one year [314]. Financial Resources and Risks - Interest income increased to $60,000 in fiscal 2025, compared to $39,000 in fiscal 2024, with no borrowings on the revolving line [286]. - The company has a $75.0 million credit facility available, with no borrowings outstanding as of April 30, 2025 [294]. - The company is assessing the impact of inflation on gross margins and operating expenses, which may affect future results [305].

ORRVILLE, Ohio, June 26, 2025 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) today announced its commitment to remove FD&C colors from all consumer food products by the end of calendar year 2027. While the majority of the Company's consumer foods are already free of FD&C colors, this removal will impact its sugar-free fruit spreads and ice cream toppings as well as certain products from its Hostess® brand portfolio. In addition, a majority of the Company's products currently available to K-12 schools do n ...

SEATTLE, June 26, 2025 (GLOBE NEWSWIRE) -- Trupanion, Inc. (Nasdaq: TRUP), a leader in medical insurance for cats and dogs, will host its Annual Investor Day on Wednesday, September 17, 2025. This annual event is designed to be the best opportunity for Trupanion shareholders and guests to understand Trupanion’s achievements and challenges over the past year and its strategic vision going forward. Management remarks are expected to commence shortly after 9:00 am Pacific Time. The event will feature presentat ...

ST. LOUIS, June 26, 2025 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today reported selected operating results for May 31, 2025, in an effort to provide timely information to investors on certain key performance metrics. Due to the limited nature of this data, a consistent correlation to earnings should not be assumed. Ronald J. Kruszewski, Chairman and Chief Executive Officer, said, “In May, recruiting and market appreciation drove a 3% increase in total client assets and a 4% increase in fee-bas ...

MIAMI, June 26, 2025 (GLOBE NEWSWIRE) -- Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) (together with NCL Corporation Ltd., “Norwegian Cruise Line Holdings” or the “Company”) announced that it has successfully upsized its existing senior secured revolving credit facility from $1.7 billion to $2.486 billion, with the existing terms and maturity date of 2030 unchanged. “The upsizing of our revolving credit facility significantly enhances our liquidity, representing another key step in further optimizing ou ...

NETANYA, Israel, June 26, 2025 /PRNewswire/ -- TAT Technologies Ltd. (Nasdaq: TATT) (TASE: TATT) ("TAT" or the "Company"), a leading provider of products and services to the commercial and military aerospace and ground defense industries, announced today that, in connection with its previously announced underwritten public offering of 4,150,000 ordinary shares (consisting of 1,625,000 ordinary shares sold and issued by TAT and 2,525,000 ordinary shares sold by FIMI Opportunity V, L.P. and FIMI Israel Opport ...

BEIJING, June 26, 2025 /PRNewswire/ -- Origin Agritech Ltd. (NASDAQ: SEED) (the "Company" or "Origin"), a leading Chinese agricultural technology company, today announced financial results for the six months ended March 31, 2025.Business Accomplishments and Highlights for the Six Months Ended March 31, 2025, and to date:Strategic Partnerships and Commercialization: In October 2024, Origin established the "Origin Marker Biological Breeding Service Consortium" in partnership with China Golden Marker Biotechno ...

Apple on Thursday changed rules and fees in its App Store in the European Union after the bloc’s antitrust regulators ordered it to remove commercial barriers to sending customers outside the store.Apple said developers will pay a 20% processing fee for purchases made via the App Store, though the fees could go as low as 13% for Apple’s small-business program.Developers who send customers outside the App Store for payment will pay a minimum fee of 5% and at most 15%. Developers will also be able to use as m ...

Company believes it has regained compliance with pro forma net equity of approximately US$20 million as of May 31, 2025 US$121 million Reg S investment round led by His Royal Highness Prince Abdulaziz bin Turki bin Talal Al Saud Including binding close of first-phase private placement totalling US$60.5 million in gross proceeds LONDON, June 26, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: VVPR) (“VivoPower” or the “Company”) is pleased to announce that, based on a binding close of the first ...

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Base shelf prospectus is accessible, and prospectus supplement will be accessible within two business days, on SEDAR+ VANCOUVER, British Columbia, June 26, 2025 (GLOBE NEWSWIRE) -- Tribe Property Technologies Inc. (TSXV: TRBE) (OTCQB US: TRPTF) (“TRBE” or the “Company”), is pleased to announce a best efforts public offering (the "Offering") of units of the Company (the "Units") at an issue price of $0.45 per Unit for g ...