HONG KONG, June 02, 2025 (GLOBE NEWSWIRE) -- Pitanium Limited (Nasdaq: PTNM) (“Pitanium” or the “Company”), a company that retails its proprietary brand focusing on beauty and personal care products, announced today that it closed its initial public offering of 1,750,000 Class A ordinary shares (the “Class A Ordinary Shares”) at $4.00 per Class A Ordinary Share (the “Offering”). Cathay Securities, Inc. acted as the sole underwriter to the Offering (the “Underwriter”). The Company granted the Underwriter a 4 ...

Core Insights - MiniLuxe Holding Corp. reported a 9% year-over-year revenue increase in Q1 2025, reaching $6.1 million, with gross profit rising 12% to $2.5 million [3][5] - The company aims for long-term profitability through gross profit margin expansion and EBITDA growth, despite an operating loss of $2 million in Q1 2025, slightly higher than the previous year's loss [3][5] Financial Performance - The adjusted EBITDA for Q1 2025 was approximately -$1.6 million, while Fleet adjusted EBITDA nearly tripled to $700,000 [3][6] - Cash flow used in operating activities improved by $700,000, totaling -$1.2 million in Q1 2025 compared to -$1.9 million in Q1 2024 [6] - Cash, cash equivalents, and restricted cash reached $7.2 million at the end of Q1 2025, an increase of $3.2 million from the end of FY24 [6] Strategic Focus - The company is focusing on three strategic pillars: driving growth through operating and franchise partners, accelerating studio-level profitability, and increasing fixed cost leverage and SG&A efficiency [4][6] - MiniLuxe's talent revenue base grew by 10% year-over-year to $6.08 million, reflecting the success of its operating model [6][7] Business Development - The Core Studio segment maintained a consistent growth trend, with service revenue increasing by $0.6 million, or 10%, over Q1 2024 [5][6] - The first franchise location in Brookline, Massachusetts, achieved profitability within its first six months of operation, demonstrating strong brand appeal [7][8] Management Commentary - The CEO highlighted the brand's resilience and the positive expansion of unit economics, emphasizing the commitment to high-quality services and talent empowerment [8]

"I'm a long-time fan of Burt's Bees lip balms and so this collaboration with such an iconic brand is very cool for us," said Mike Kurtz, Founder of Mike's Hot Honey. "This partnership to bring our sweet-heat flavor to life in a lip balm is an exciting, unexpected way for fans to experience the flavor they love — this time beyond the kitchen." The collab brings together two beloved brands at the start of summer, when bees are buzzing, grills are sizzling and we're all getting out there – and a little sweet h ...

Investment Rating - The report indicates a moderate growth in total store sales, with a rating of low single-digit growth (LSD) for the latest quad-week [1]. Core Insights - Total store sales increased by 2% in the latest quad-week, driven primarily by the Dairy category, while Frozen and Alcohol categories experienced declines [1]. - The report highlights a mixed performance in the Beverages sector, with non-alcoholic categories showing stable trends for carbonated soft drinks (CSDs), sparkling water, and sports drinks, while ready-to-drink (RTD) tea and coffee saw accelerated sales growth [2]. - In the Tobacco sector, sales growth trends remained stable for the overall cigarette category, although specific companies like IMB experienced a deceleration in growth [3]. Summary by Category HPC (Household and Personal Care) - HPC sales growth improved to 2.0% from 1.5% in the previous month, primarily driven by higher pricing, despite lower volume growth [10]. - KMB continued to show robust sales growth, while PG and CL experienced slight moderation in growth [10]. - KVUE and CHD saw improvements in sales growth, with KVUE benefiting from higher volume growth and CHD from improved volume trends [10]. Beverages - Non-alcoholic beverage sales trends were mixed, with stable trends for CSDs and sparkling water, while RTD tea and coffee saw accelerated growth [2]. - Alcoholic beverage sales trends modestly decelerated across all categories, with some companies like BF showing improved trends [2]. Tobacco - Overall sales growth in the cigarette category remained stable, but IMB saw a deceleration in growth trends [3]. Food - Sales in the Food category decelerated in the latest quad-week, contrasting with the growth seen in HPC [1]. Private Label - Private label's dollar share growth remained modest at the total store level, with slight fluctuations across various categories [9].

A股三大指数早盘集体下跌，截至午盘，沪指跌0.42%，深成指跌1.12%，创业板指跌1.35%，北证50指 数涨0.55%。全市场半日成交额7656亿元，较上日放量300亿元。全市场超3600只个股下跌。板块题材 上，美容护理、宠物经济、港口航运、化学纤维板块领涨；华为昇腾、云计算、跨境支付板块跌幅居 前。盘面上，港口航运板块早盘再度上涨，南京港（002040）、连云港、宁波海运（600798）、宁波远 洋（601022）3连板。美容护理板块盘中走高，洁雅股份（301108）20cm涨停。华为昇腾、云计算概念 股早盘震荡走低，宏景科技（301396）跌近10%。 ...

Financial Data and Key Metrics Changes - System wide sales for Q1 2025 reached $225.9 million, a 2.1% increase from $221.4 million in Q1 2024, driven by the shift in the Easter holiday and payment timing [23][6] - Same store sales grew by 70 basis points, but adjusting for the Easter shift, it would have been approximately flat [23][6] - Adjusted EBITDA increased by 7.2% to $18.8 million from $17.5 million in the prior year, with an adjusted EBITDA margin rising to 36.5% from 33.7% [25][26] - Adjusted net income rose by 10.3% to $9.5 million from $8.6 million in the previous year [26] Business Line Data and Key Metrics Changes - Total revenue decreased by approximately $400,000 or 90 basis points to $51.4 million, primarily due to lower retail and wholesale product revenue [24] - SG&A expenses increased by $1.9 million to $15.3 million, driven by higher stock-based compensation and executive severance costs [25] - Advertising expenses decreased by $1.4 million due to the timing of spend within the fiscal year [25] Market Data and Key Metrics Changes - The company ended Q1 with 1,062 centers, representing a 1% growth year over year, with five gross openings and ten closures resulting in five net center closures [22] - The company expects 10 to 12 gross openings and 40 to 60 center closures for the year, leading to 28 to 50 net center closures [29] Company Strategy and Development Direction - The company aims to focus on driving sales, improving four wall profitability, and reigniting unit growth as critical components for revitalizing long-term growth [10][19] - A data-rich digital-first marketing engine is being developed to enhance guest engagement and drive new guest acquisition [11][12] - The company is implementing a more sophisticated development approach focused on thoughtful, profitable expansion, identifying underpenetrated trade areas for future growth [17][18] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the uncertain consumer backdrop and supply chain environment but emphasizes strong fundamentals and proactive management [7][6] - The outlook for 2025 is reiterated, assuming a stable consumer environment, with expectations for system wide sales between $940 million and $960 million [28][30] - Management is confident in their ability to manage tariff impacts and maintain guidance despite macroeconomic challenges [31][34] Other Important Information - The company has made substantial progress in assembling a team of seasoned leaders to execute strategic priorities for 2025 and beyond [19][20] - The company is actively exploring alternative sourcing options to mitigate tariff impacts on product costs [31][44] Q&A Session Summary Question: Can you talk about the game plan going forward and the potential tariff impact? - Management is pleased with progress and sees stability in the business, with no material changes in promotional activity expected [39][41] - They are actively exploring all options to manage tariff exposure, including alternative sourcing [44] Question: What are you hearing from franchisees regarding center closures? - Franchisees are passionate about the brand, but the past few years have been tough, leading to underperforming centers [48][50] Question: Can you provide insight into the cost to build and return to net unit growth? - The increase in capital investment is attributed to inflationary pressures, with a focus on optimizing costs and operations [57] Question: What are the key themes for the upcoming franchise convention? - The convention will cover a full situation assessment, opportunities, and a plan to maximize potential [60] Question: How do you prioritize marketing, franchisee execution, and other factors? - The primary focus is on the marketing funnel and franchisee execution, followed by waxer consistency and consumer value [96][98] Question: What is the performance of underperforming stores versus healthy stores? - Underperforming stores are primarily an AUV issue, with various factors contributing to their performance [65][100]

Core Viewpoint - BON Natural Life Limited has launched a new sleep health product series utilizing a proprietary delivery system aimed at enhancing the bio-activity of glucoraphanin, a compound found in broccoli, to improve health benefits [1][3][4] Group 1: Product Development - The new product series is developed using the "Glucoraphanin-Myrosinase" delivery system, which is patent-pending and designed to enhance the absorption and utilization of glucoraphanin in the body [1][3] - The delivery system aims to improve the conversion efficiency of glucoraphanin to sulforaphane, addressing challenges related to bio-availability [3][4] Group 2: Health Benefits - Glucoraphanin is linked to various health benefits, including anti-cancer properties, sleep regulation, neuro-protective effects, digestive health support, anti-inflammatory, antioxidant, and anti-aging effects [2] - The enzymatic conversion of glucoraphanin to sulforaphane is typically inefficient, which limits the health benefits derived from broccoli [2] Group 3: Market Potential - The company anticipates that the new sleep health products will achieve market expansion and significantly impact the sleep health market dynamics [4] - The innovative delivery system is expected to combine scientific rigor with commercial potential, addressing unmet needs in sleep health [4]

Core Viewpoint - The Beauty Health Company held its Q1 2025 earnings conference call to discuss financial results and future outlook [1][3]. Group 1: Company Overview - The Beauty Health Company is publicly traded on NASDAQ under the ticker SKIN [1]. - The conference call featured key executives including Marla Beck (President and CEO) and Mike Monahan (CFO) [3]. Group 2: Financial Reporting - The company released its Q1 2025 financial results earlier in the day, which are available on its corporate website [3]. - The call included discussions on non-GAAP financial measures, with reconciliations provided in the earnings press release [5].

Spectrum Brands (SPB) Q2 2025 Earnings Call May 08, 2025 09:00 AM ET Speaker0 Good day, and thank you for standing by. Welcome to the Q2 twenty twenty five Spectrum Brands Holding Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. To ask a question during the session, you will need to press 11 on your telephone. You will then hear an automated message advising that your hand is raised. To withdraw ...

Financial Data and Key Metrics Changes - The company reported revenue of $97 million for Q1 2025, representing a 13% year-over-year growth [10][28] - Gross margin increased by 170 basis points to 39% [11][30] - Positive net income of $3 million was achieved, marking an increase of $5 million from the previous year [32] - Adjusted EBITDA margin improved to 7%, up from 3% in the prior year [33] Business Line Data and Key Metrics Changes - The wipes portfolio and baby personal care collection were highlighted as strong performers, with wipes consumption growth exceeding 40% [14][18] - The sensitive skin portfolio grew by 35% year-over-year, driven by new product launches [14] - Diaper performance faced headwinds due to distribution changes at a key retailer, impacting overall growth [19][58] Market Data and Key Metrics Changes - The Honest brand's household penetration increased to 7.3%, a growth of 55 basis points year-over-year [12] - Competitive categories experienced a decline of 1% in the same period, indicating Honest's outperformance [12][61] - The diaper category remains under pressure, with modest declines observed [58][92] Company Strategy and Development Direction - The company is focused on three transformation pillars: brand maximization, margin enhancement, and operating discipline [10][25] - A comprehensive approach to managing tariffs has been established, including inventory management and cost savings initiatives [22][36] - The company aims to continue investing in marketing and innovation to support brand growth [50][51] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious confidence in navigating the evolving economic landscape while reaffirming the 2025 financial outlook [26][35] - The company anticipates a first half growth rate within the range of its annual revenue outlook, despite expected headwinds in the diaper business [29][35] - Management acknowledged the importance of consumer sentiment and potential changes in shopping behavior [37][61] Other Important Information - Curtis Bruce has been appointed as the new Chief Financial Officer, succeeding David Loretta [6][9] - The company ended the quarter with $73 million in cash and no debt outstanding, providing financial flexibility [34] Q&A Session Summary Question: Can you quantify the shipping impact in Q1 and its reversal in Q2? - Management noted that the pull forward of shipments in Q1 was approximately five percentage points, which will reverse in Q2 [46] Question: What are the marketing plans for 2025? - The company plans to continue strong investments in marketing, particularly for the new diaper launch and expanding wipes into new retailers [50][51] Question: What factors contributed to the deceleration in consumption? - The deceleration was primarily isolated to the Target channel, particularly in the diaper category, while other markets showed strong growth [58][92] Question: How is the company managing tariff impacts? - The company has a three-pronged strategy to mitigate tariff impacts, focusing on agile planning, inventory management, and supplier partnerships [36][78] Question: What are the long-term margin opportunities? - Management believes there are still opportunities to expand margins, particularly through supply chain efficiencies [92]