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Leatt Corp Announces Extension to the Share Repurchase Program
Prnewswire· 2025-12-16 14:16
CAPE TOWN, South Africa, Dec. 16, 2025 /PRNewswire/ -- Leatt Corporation (OTCQB: LEAT), a leading developer and marketer of head-to-toe protective equipment for MOTO, MTB, and a wide range of extreme and high-velocity sports, today announced that on December 15, 2025, its Board of Directors has authorized an extension of the Company's previously announced share repurchase program of up to $750,000 of the Company's outstanding common stock. The expiration date of the share repurchase program will be extended ...
Should Value Investors Buy TOPGOLF CALLAWY (MODG) Stock?
ZACKS· 2025-12-04 15:41
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation m ...
U.S. Stocks Rebound Amid Nvidia Anticipation and Key Earnings on November 19, 2025
Stock Market News· 2025-11-19 19:07
Core Viewpoint - U.S. equity markets are rebounding as investors await Nvidia's quarterly earnings, with technology and communication services sectors leading the recovery [1][3]. Major Index Performance - The S&P 500 Index is up 0.2% to 0.4%, aiming to end a four-session losing streak [2] - The Nasdaq Composite is showing gains between 0.3% and 0.8%, recovering from two consecutive days of declines [2] - The Dow Jones Industrial Average is slightly lower by 0.1% to 0.2%, also looking to break a four-day losing streak [2] - The S&P 500 has faced recent shakiness due to concerns over elevated stock valuations and uncertainty regarding future Federal Reserve interest rate cuts [2]. Afternoon Trading Activity and Sector Performance - Afternoon trading reflects cautious optimism, driven by Nvidia's upcoming earnings report, seen as a crucial test for the AI sector [3] - Technology and communication services sectors are leading, while consumer defensives, energy, and utilities sectors are lagging [3] - The real estate market showed recovery in Q3 2025, with multifamily and office sectors leading growth [3]. Key Company News and Stock Movements - Nvidia (NVDA) stock is up approximately 1.7% to 3.2% ahead of its earnings report, which is expected to assess the AI industry's health [4] - Alphabet (GOOGL) shares jumped over 3% to an all-time high following the announcement of its AI model, Gemini 3 [4] - Lowe's (LOW) shares surged nearly 5% to 6% after a strong Q3 profit report and raised sales projections [4] - Target (TGT) stock dipped 0.5% to 1.5% despite a stronger profit due to weaker-than-expected revenue [4] - Constellation Energy (CEG) rallied 5.2% to 6.1% after a $1 billion loan announcement from the U.S. Department of Energy [4] - Amazon (AMZN) stock slipped 0.8% after a previous drop of 4.4% due to a rating cut [4] - Adobe (ADBE) announced an acquisition of Semrush Holdings Inc. for approximately $1.9 billion [4] - Medtronic plc (MDT) shares jumped 4.7% after reporting better-than-expected earnings [4] - Amer Sports, Inc. (AS) shares surged 8.5% after surpassing earnings estimates [4]. Upcoming Market Events - The September jobs report is scheduled for release on November 20, following a delay due to a government shutdown [6] - Federal Reserve minutes are expected to provide insights into inflation and labor market conditions [6] - Walmart (WMT) is set to report earnings on November 20, which will offer insights into consumer spending [6].
Amer Sports, Inc. (AS) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-11-18 15:31
Core Insights - Amer Sports, Inc. reported a revenue of $1.76 billion for the quarter ended September 2025, marking a year-over-year increase of 29.7% and exceeding the Zacks Consensus Estimate of $1.73 billion by 1.62% [1] - The company achieved an EPS of $0.33, up from $0.14 a year ago, resulting in an EPS surprise of 32% compared to the consensus estimate of $0.25 [1] Revenue Performance - Geographic Revenues: - EMEA: $528.5 million, +23.2% year-over-year, exceeding the estimate of $495.75 million [4] - Asia Pacific: $192.1 million, +53.7% year-over-year, below the estimate of $218.99 million [4] - Greater China: $461.5 million, +47.4% year-over-year, above the estimate of $437.22 million [4] - Americas: $574.2 million, +17.7% year-over-year, exceeding the estimate of $540.58 million [4] - Channel Revenues: - Wholesale: $1.03 billion, +18.3% year-over-year, above the estimate of $986.92 million [4] - DTC: $722.5 million, +50.5% year-over-year, exceeding the estimate of $708.95 million [4] - Segment Revenue: - Ball & Racquet Sports: $349.5 million, +16.5% year-over-year, above the estimate of $321.05 million [4] - Outdoor Performance: $723.5 million, +35.5% year-over-year, slightly above the estimate of $717.29 million [4] - Technical Apparel: $683.3 million, +31.4% year-over-year, exceeding the estimate of $657.53 million [4] Profitability Metrics - Adjusted Operating Profit: - Technical Apparel: $129.6 million, slightly below the estimate of $130.87 million [4] - Ball & Racquet Sports: $26.4 million, above the estimate of $22.57 million [4] - Outdoor Performance: $156.9 million, significantly above the estimate of $114.31 million [4] Stock Performance - Amer Sports, Inc. shares have returned -0.3% over the past month, while the Zacks S&P 500 composite has changed by +0.2% [3] - The stock currently holds a Zacks Rank 1 (Strong Buy), indicating potential for outperformance in the near term [3]
The Marco Odermatt Capsule in Descente's New .EX Collection
Prnewswire· 2025-11-12 09:00
Core Insights - DESCENTE announces the launch of the third capsule collection in collaboration with alpine skier Marco Odermatt, set to debut on October 31, 2025, for the 2025/26 season [1][2] - Marco Odermatt achieved a historic milestone by winning the overall World Cup title for the fourth consecutive year during the 2024/25 season, reinforcing his status as a leading figure in men's alpine skiing [2] - The new collection expands the concept of alpine wear to include backcountry, freestyle, and everyday lifestyle use, addressing climate change challenges and appealing to younger, fashion-conscious skiers [3] Product Development - The collection utilizes DESCENTE's 90 years of performance wear expertise, featuring advanced S.I.O pattern engineering and Breathing System technology to enhance comfort, mobility, and functionality [3][4] - The S.I.O pattern engineering focuses on minimizing pattern pieces to optimize garment weight and improve performance, while fewer seams enhance waterproofing and mobility [4] - The Breathing System ensures airflow and moisture management, maintaining insulation properties while allowing for excess humidity release [5] Design Features - Midlayer items are designed for optimal layering with jackets, utilizing special quilting techniques to improve mobility and retain heat [6] - The collection includes a variety of styles, such as the Marco Odermatt S.I.O SHELL 3L JACKET and LIGHT INSULATED PANTS, available in multiple color codes and sizes [6][7] - For the first time, the collection introduces women's models, broadening its appeal to a wider skiing community [3]
J-Star Receives USAPA Approval for its Second In-House Pickleball Paddle, Supernova
Globenewswire· 2025-11-03 12:00
Core Insights - J-Star Holding Co., Ltd. has received official approval from the USA Pickleball Association (USAPA) for its second proprietary pickleball paddle, Supernova, which is now certified for sanctioned play [1][2] - The Supernova paddle is designed for competitive players, featuring a long-body design that enhances reach, power, and precision, and is available in three color options: green, red, and pink [2] - The approval of Supernova highlights J-Star's commitment to innovation in carbon fiber applications and its expanding presence in the sports equipment market [2][3] Company Overview - J-Star is a leading provider of carbon fiber and composite solutions, with a focus on various applications including sports equipment, healthcare products, and automobile parts [1][5] - The company has over 50 years of experience in the material composites industry and operates through subsidiaries in Taiwan, Hong Kong, and Samoa [5] - J-Star's expertise allows it to design and manufacture a wide range of lightweight, high-performance carbon composite products [5] Strategic Market Focus - J-Star recognizes Vietnam as a strategically important market for its carbon fiber products, actively exploring opportunities to meet the growing international demand for advanced composite materials [4]
Topgolf Callaway Brands Corp. (MODG): A Bull Case Theory
Yahoo Finance· 2025-10-22 21:58
Core Thesis - Topgolf Callaway Brands Corp. is positioned for significant upside due to its strong fundamentals and strategic separation of its TopGolf Entertainment business, expected in 2026 [2][5] Company Overview - As of October 15th, Topgolf Callaway's shares were trading at $9.30, with trailing and forward P/E ratios of 98.91 and 156.25 respectively [1] - The company is preparing to spin off or potentially sell its TopGolf Entertainment business, which has been underperforming, while the core business remains strong [2] Financial Metrics - Callaway trades at approximately 5× projected 2027 EPS and 1.2× EV/Sales, indicating significant upside potential compared to competitors like TaylorMade and Titleist [3] - The projected 2027 EPS for Callaway is $1.57, with scenarios suggesting a potential upside of 70% to 160% [5] Market Dynamics - The golf industry is experiencing macro tailwinds, including increased participation from females and juniors, and a growing number of rounds played annually [4] - There is a replacement cycle for golf clubs, particularly for drivers, irons, and wedges, which positions Callaway to capture premium spending [4] Revenue Streams - TopTracer technology, which covers 24,000 bays globally, is generating recurring high-margin revenue and is expected to provide a 15% uplift to EBIT [3] - The sale of Jack Wolfskin has reduced leverage and improved the balance sheet, enhancing financial flexibility for the company [5] Strategic Considerations - Despite challenges such as inventory glut and promotional pressures, Callaway maintains strong brand recognition and favorable product placement [4] - The standalone Callaway business, focusing on high-margin clubs, apparel, and TopTracer, presents a compelling investment opportunity supported by operational growth and strategic options [5]
New Strong Buy Stocks for Oct. 21: NEM, AS and More
ZACKS· 2025-10-21 11:41
Core Insights - Five stocks have been added to the Zacks Rank 1 (Strong Buy) List, indicating strong potential for investment returns Group 1: Company Earnings Estimates - Newmont Corporation (NEM) has seen a 6.9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Royal Bank of Canada (RY) has experienced a 5.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Amer Sports, Inc. (AS) has seen a 9.1% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Verastem, Inc. (VSTM) has experienced a significant 21.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Sono-Tek Corporation (SOTK) has seen a remarkable 37.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3]
Fox Factory Holding Corp. Announces Third Quarter 2025 Earnings Conference Call
Globenewswire· 2025-10-16 13:00
Core Insights - Fox Factory Holding Corp. will announce its third-quarter results for the period ending October 3, 2025, on November 6, 2025, after market close [1] - A conference call with the executive management team will take place on the same day at 4:30 p.m. ET to discuss the results [2] Company Overview - Fox Factory Holding Corp. is a global leader in designing, engineering, and manufacturing premium products for specialty sports and vehicles, including shocks and suspension systems [3] - The company’s brand portfolio includes FOX, Marucci, and Method Race Wheels, known for innovation and performance trusted by professional athletes and enthusiasts [3] - Fox Factory integrates engineering and manufacturing expertise through acquisitions to diversify its product offerings beyond its core shock and suspension segment [3] - The company also provides aftermarket products through a global network of retailers and direct-to-consumer channels [3]
Escalade Announces Acquisition of Gold Tip, a Leading Archery Brand, from Revelyst
Prnewswire· 2025-09-29 10:00
Core Viewpoint - Escalade, Inc. has announced the acquisition of Gold Tip and Bee Stinger brands from Revelyst Inc., enhancing its position in the archery market and expanding its product offerings in precision carbon arrows and premium stabilizers [1][2][3]. Company Overview - Escalade, Inc. is a leader in archery, sporting goods, and indoor/outdoor recreation equipment, founded in 1922 and headquartered in Evansville, Indiana [5]. - The company has a diverse portfolio of brands, including Bear Archery, Trophy Ridge, and Cajun Bowfishing, and aims to connect families and friends through recreational activities [5]. Acquisition Details - The acquisition of Gold Tip, a manufacturer known for its innovative carbon arrows, and Bee Stinger, a producer of premium bow stabilizers, is seen as a strategic move to strengthen Escalade's market position in archery [1][2]. - Escalade's CEO, Armin Boehm, emphasized the commitment to invest in these brands to accelerate product innovation and build on their past successes [2][4]. Strategic Importance - The addition of Gold Tip and Bee Stinger aligns with Escalade's long-term strategy to enhance its offerings in the archery and bowhunting markets, which are considered a strategic priority for the company [2][4]. - Eric Nyman, CEO of Revelyst, noted that the sale allows Revelyst to focus on its key categories while ensuring that Gold Tip and Bee Stinger are in capable hands with Escalade [3]. Market Position - The acquisition is expected to provide Escalade with a complete and market-leading range of archery products, thereby improving service to dealers, distributors, and retailers [4].