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THOR Industries Announces Third Quarter Fiscal 2025 Results
Globenewswire· 2025-06-04 10:30
Core Insights - THOR Industries reported strong financial results for the third quarter of fiscal 2025, with net sales of $2.89 billion, a 3.3% increase from the previous year, driven by effective execution of strategic initiatives and improved margins [4][6][5] Financial Performance - Consolidated net sales for the third quarter were $2,894,816, compared to $2,801,113 in the same quarter of fiscal 2024, reflecting a 3.3% increase [6] - Gross profit for the third quarter was $443,119, up 5.0% from $421,852 in the prior year, with a gross profit margin of 15.3%, an increase of 20 basis points [8][6] - Net income attributable to THOR was $135,185, an 18.1% increase from $114,511 in the previous year, with diluted earnings per share rising to $2.53 from $2.13 [8][6] - Cash flows from operations reached $257,667, a 2.4% increase from $251,732 in the prior year, contributing to a year-to-date total of $319,249, a 53.8% increase [6][19] Segment Performance - North American Towable RVs segment net sales increased by 9.1% to $1,168,878, driven by a 5.5% increase in unit shipments and a 3.6% rise in net price per unit [10][12] - North American Motorized RVs segment net sales rose by 3.1% to $666,686, with unit shipments increasing by 10.9% [11][15] - European RVs segment net sales decreased by 5.1% to $883,542, impacted by a 12.2% decline in unit shipments [14][16] Strategic Initiatives - The company is undergoing strategic organizational restructuring to align with current market conditions, aiming to achieve additional operating efficiencies [7][18] - Management emphasized the importance of maintaining strong relationships with independent dealers to ensure rational inventory levels [17][22] Guidance and Outlook - THOR reaffirmed its revised full-year fiscal 2025 financial guidance, projecting consolidated net sales between $9.0 billion and $9.5 billion, with a gross profit margin of 13.8% to 14.5% and diluted earnings per share in the range of $3.30 to $4.00 [7][28][23] - The company anticipates challenging market conditions in the upcoming quarters but remains confident in its strategies to navigate through economic uncertainties [21][22]
瑞银:全球电动汽车电池制造商:月度动态、电动汽车调查及美国电动汽车政策
瑞银· 2025-06-04 01:50
ab 31 May 2025 Global Research Global Electric Vehicle Battery Makers Monthly Recharge: EV Survey and US EV Policy Intention to buy BEV declines 5 ppts y/y to 41%, impacting EV battery demand Our UBS EV consumer survey covers six of the largest car markets including the US, China, and Germany. Globally, the share of people considering buying a BEV declined 5 ppts y/y to 41%. Our 2030E Global EV penetration downward revision of 8 ppts to 41% is largely driven by changes in ex-China markets. For the US/EU we ...
Polaris Adventures Surpasses Two Million Customer Rides
Prnewswire· 2025-06-03 16:02
Core Insights - Polaris Adventures has achieved a significant milestone of two million customer rides, reflecting the growing passion for outdoor adventure and the effectiveness of its network of over 250 local Outfitters [1][3][4] Company Overview - Polaris Adventures, launched in 2017, has become the leading powersports vehicle rental service in the U.S., partnering with locally owned small businesses to enhance local economies and accessibility to outdoor experiences [3][5] - The company offers a variety of powersports vehicles, including off-road vehicles, snowmobiles, and boats, aiming to introduce more people to outdoor adventures [4][8] Growth Metrics - The company surpassed one million rides in 2022 and has since doubled that number in less than three years, indicating rapid growth and expansion [4] - There are over 600 adventures available for customers, with 250 Outfitters operating across 41 states, making outdoor experiences accessible to a large population [6] Customer Engagement - Approximately 40% of riders are new to powersports, showcasing the company's ability to attract new customers to the industry [6] - The company emphasizes the importance of local knowledge provided by Outfitters, which enhances the customer experience by highlighting scenic routes and attractions [3][4] Innovations and Partnerships - Polaris Adventures has introduced a refreshed fleet of high-quality vehicles equipped with the latest safety and navigation technology to ensure a seamless riding experience [7] - The launch of Polaris Adventures Elite provides Outfitters with tools to run their businesses more efficiently, while a partnership with Sensible Weather offers a Weather Guarantee for customers [7]
Micropolis to Participate in the Sidoti Small-Cap Virtual Conference on June 11-12, 2025
Globenewswire· 2025-06-03 13:00
DUBAI, United Arab Emirates, June 03, 2025 (GLOBE NEWSWIRE) -- Micropolis Holding Co. (“Micropolis” or the “Company”) (NYSE: MCRP), a pioneer in unmanned ground vehicles and AI-driven security solutions, today announced that it will participate in Sidoti’s Small-Cap Virtual Conference, to be held on June 11-12, 2025. Virtual Conference PresentationDate & Time: Thursday, June 12, 2025, 9:15 a.m. ET in Track 2Speakers: Fareed Aljawhari, Founder & CEO and Dzmitry Kastahorau, CFOWebcast Link: https://sidoti.zoo ...
Blink, WirelessCar, and ChargeHub Collaborate to Launch ‘Seamless Charging' Pilot Program Across North America
GlobeNewswire News Room· 2025-06-03 12:00
Core Insights - Blink Charging Co. has launched a 'Seamless Charging' pilot program in collaboration with WirelessCar and ChargeHub to enhance the EV charging experience in the U.S. and Canada [1][3][5] Company Overview - Blink Charging is a leading provider of electric vehicle charging equipment and services, facilitating the transition to electric transportation through innovative solutions [6] - WirelessCar specializes in connected vehicle services, leveraging vehicle data to create business value and enhance mobility experiences [7][9] - ChargeHub operates North America's largest network-independent EV charging app and the Passport Hub, a leading EV roaming platform [10] Initiative Details - The 'Seamless Charging' initiative aims to simplify the EV charging process by allowing drivers to use a single app for charging without the need for multiple accounts or apps [3][4] - The program utilizes connected vehicle data to notify drivers when charging begins, enhancing convenience for those without home charging access [4][5] Market Context - The initiative addresses the complexity of existing EV charging infrastructure, which can deter potential users due to the inconvenience compared to traditional fuel refueling [2]
【Tesla每日快訊】 特斯拉為何不急著在印度建廠?揭秘印度電動車政策的秘密!🔥Hyundai Nissan Volvo(2025/6/3)
大鱼聊电动· 2025-06-03 10:05
大家好我是大鱼 今天的资讯 包括下面几个消息 1. 特斯拉为何不急着 在印度建厂? 2. 特斯拉生产经营 方面的消息 3.其他车企的消息 Hyundai Nissan Volvo 关注这些领域的朋友 不要错过 今天重要的内容 OK let's go 先说特斯拉的股票 周二收盘是342.69% 全天了下跌3.77%美元 跌幅是1.09% 美国三大股指 纳指上涨0.64% 道指上涨0.1% 标普上涨0.42% 第一部分 特斯拉为何不急着 在印度建厂? 印度政府最近抛出了 一个电动车激励计划! 根据Reuters 这项政策允许 汽车公司只要在印度 投资5亿美元 来建电动车工厂 就能每年进口最多 8000辆电动车 关税将从原本的 70%或100%降到15% 这差别有多大? 比如你买一台 35000美元的电动车 原本得付 24500美元的关税 现在只要5250美元 基本就是以前 买两辆的钱 现在可以买三辆了 政策要求车厂在 三年内开始当地生产 第五年要达到50% 的当地价值增值 确保印度能从中 获得实质的经济效益 而且这政策有可能 不只针对新工厂 印度政府还考虑让车厂 用现有工厂生产 电动车也能 纳入激励计划 这对已经 ...
Keystone RV Unveils Bold Brand: "Proven in the Wild™"
Prnewswire· 2025-06-02 15:51
Core Insights - Keystone RV has announced a significant brand refresh with the new slogan "Proven in the Wild™," reflecting its commitment to outdoor adventurers and the RV community [1][2] - The rebranding emphasizes the company's long-standing identity and values, focusing on strength, stability, and practicality [2][4] - This is the first major design overhaul in Keystone's history, featuring a new logo and a modern visual system inspired by nature and utility [3] Company Overview - Keystone RV Company, founded in 1996 and headquartered in Goshen, Indiana, is the leading manufacturer of towable RVs in North America and a subsidiary of THOR Industries [5] - The company produces well-known brands such as Montana, Cougar, Outback, and Sprinter, offering a comprehensive range of travel trailers, fifth wheels, and toy haulers [5] - Keystone RVs are designed to meet the needs of outdoor enthusiasts who seek reliability and performance in their camping experiences [5]
ChargePoint Gears Up to Report Q1 Earnings: Here's What to Expect
ZACKS· 2025-06-02 15:05
Key Takeaways CHPT is expected to post a Q1 loss of 5 cents per share and $100.52 million in revenues. CHPT's earnings estimates have improved, but revenues are projected to fall 6.09% year over year. Gross margin gains from cost cuts and subscriptions may offset CHPT's rising operating expenses.ChargePoint Holdings, Inc. (CHPT) is slated to release first-quarter fiscal 2026 results on June 4, after market close. The Zacks Consensus Estimate for the to-be-reported quarter’s loss and revenues is pegged at ...
Ignitis Group concluded a EUR 60 million financing agreement with the European Bank for Reconstruction and Development
Globenewswire· 2025-06-02 13:15
AB “Ignitis grupė” (hereinafter – the Group) informs that on 2 June 2025 it has signed a financing agreement with the European Bank for Reconstruction and Development for a loan of EUR 60 million (hereinafter – the Loan), which will be used by its subsidiary UAB “Ignitis” to develop a public EV fast charging network in the Baltics.The Loan is granted for a period of 10 years. The other terms and conditions of the Loan are standard for corporate financing.The Loan will finance the installation of up to 600 E ...
Fly-E Group, Inc. Announces Pricing of $6.94 Million Public Offering
GlobeNewswire News Room· 2025-06-02 12:50
Core Viewpoint - Fly-E Group, Inc. has announced a public offering of 28,595,553 shares of common stock and 57,191,106 warrants at a price of $0.2428 per share, aiming to raise approximately $6.94 million for inventory and production costs [1][2]. Group 1: Offering Details - The public offering includes common stock sold with two warrants per share, with each warrant exercisable at an exercise price of $0.2913 [1]. - The offering is expected to close on or about June 3, 2025, pending customary closing conditions [2]. - The gross proceeds from the offering are anticipated to be around $6.94 million before deducting fees and expenses [2]. Group 2: Company Overview - Fly-E Group, Inc. specializes in designing, installing, selling, and renting smart electric motorcycles, electric bikes, and electric scooters under the brand "Fly E-Bike" [6]. - The company's mission is to promote eco-friendly transportation and contribute to a more sustainable future [6]. Group 3: Regulatory Information - The securities are being offered under a registration statement on Form S-1, which was declared effective by the SEC on May 15, 2025 [4]. - A final prospectus will be filed with the SEC and will be available on their website [4].