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Retail Earnings Continue: Target, Home Depot on Deck
ZACKS· 2025-05-17 01:46
Group 1: Walmart's Performance - Walmart's results showed better-than-expected comparable sales, with its domestic e-commerce business becoming profitable for the first time [1] - The 'general merchandise' category faced slight negative comps, particularly in electronics, home, and sporting goods, although there was positive momentum in toys, automotive, and kids apparel [2][3] - Walmart's ability to provide guidance amidst operational uncertainty is a positive sign for investors [1] Group 2: Target's Challenges - Target's shares have significantly underperformed, losing over 25% of their value this year, while Walmart's shares have increased by more than 8% [5] - Target is expected to report a decline in EPS by 17.2% year-over-year, with same-store sales projected to decrease by 1.7% [5] - Target's vulnerability to global trade issues is greater than Walmart's, as Walmart sources two-thirds of its merchandise domestically [6] Group 3: Home Improvement Retailers - Home Depot and Lowe's are facing challenges due to high interest rates affecting the housing market, which is impacting discretionary spending on home improvement [10][11] - Home Depot is expected to report a slight decline in EPS of 1.1% year-over-year, while Lowe's is projected to see a decline of 1.99% in comps [14][15] - The overall operating environment for home improvement retailers remains difficult, with a focus on repair and replacement rather than new projects [13] Group 4: Retail Sector Overview - The retail sector has seen a 16.7% increase in total Q1 earnings for 21 retailers in the S&P 500, with 57.1% beating EPS estimates [18] - The earnings growth for the sector is significantly influenced by Amazon, with the group outside of Amazon showing a decline in earnings despite revenue growth [20][22] - The overall earnings picture for the retail sector indicates a stabilization trend, although estimates for Q2 have been cut more than usual [35][39]
iPower Reports Fiscal Third Quarter 2025 Results
Globenewswire· 2025-05-15 20:05
Core Viewpoint - iPower Inc. reported a decline in total revenue for the fiscal third quarter of 2025, primarily due to lower product sales to its largest channel partner, while the SuperSuite business showed growth and now represents approximately 20% of total revenue [4][3]. Financial Results - Total revenue for Q3 2025 was $16.6 million, down from $23.3 million in Q3 2024, reflecting a decrease in product sales [4][8]. - Gross profit decreased to $7.2 million from $10.4 million year-over-year, with a gross margin of 43.3% compared to 44.5% in the previous year [5][8]. - Operating expenses improved by 15% to $7.4 million from $8.8 million in Q3 2024, driven by lower general and administrative costs [6][8]. - The net loss attributable to iPower was $0.3 million or $(0.01) per share, compared to a net income of $1.0 million or $0.03 per share in Q3 2024 [7][8]. Management Commentary - The CEO highlighted efforts to diversify the supply chain by expanding manufacturing into the U.S. and building relationships with alternative suppliers [3]. - The CFO noted a 10% improvement in operating expenses and a nearly 20% reduction in total debt obligations during the quarter [3]. Business Segment Performance - The SuperSuite business is gaining traction, contributing approximately 20% to total revenue, indicating strong demand for end-to-end supply chain solutions [3].
Moore & Giles Elevates Customer Experience and Brand Agility with BigCommerce
GlobeNewswire News Room· 2025-05-15 12:00
Core Insights - BigCommerce has partnered with Moore & Giles to launch new DTC and B2B websites, enhancing their digital presence and operational efficiency [1][2][8] Group 1: Platform Features and Benefits - The new websites are built on BigCommerce's flexible Stencil framework, allowing Moore & Giles to execute bold marketing and merchandising strategies [2][3] - The implementation includes ERP and PIM integrations for real-time syncing of product, pricing, and inventory data, improving operational efficiency [3][4] - The DTC site accommodates three distinct product categories: Finished Goods, Furniture, and Wholesale Leather, each tailored to its audience [4] Group 2: Customer Experience Enhancements - Key features of the new storefronts include a 360° Product Viewer, Dynamic Product Badging, and Enhanced Filtering for improved product discovery [5] - The B2B storefront streamlines sample ordering for trade professionals, enhancing efficiency and maintaining consistency across interactions [4][5] - Gated content by customer group ensures a curated experience for logged-in users, showing custom product assortments and pricing [5] Group 3: Marketing and Content Management - The marketing team benefits from a highly agile content management setup with over 30 custom widgets and drag-and-drop functionality, reducing time to market [6] - Since the launch, Moore & Giles has seen measurable improvements in design flexibility, site speed, and overall performance [7] Group 4: Recognition and Industry Position - Moore & Giles received the 2025 Shopper Experience Award from BigCommerce, recognizing their exceptional customer and user experiences [8] - The company joins a growing list of fashion and apparel brands utilizing BigCommerce, indicating the platform's increasing adoption in the industry [9]
Cnova N.V.: Press Release 2025 AGM notice
Globenewswire· 2025-05-12 16:14
Core Points - Cnova N.V. has announced its 2025 Annual General Meeting of Shareholders (AGM) scheduled for June 25, 2025, at 11:30 a.m. CEST in Amsterdam [3] - The agenda for the AGM includes discussions on the Board report for the financial year 2024, remuneration report, allocation of results and dividend policy, and voting items such as the adoption of annual accounts and reappointment of an Executive Director [8] Company Overview - Cnova N.V. is a leading French ecommerce company serving 6.9 million active customers through its website, Cdiscount, offering a wide range of competitively priced goods and various services [6] - The company also provides B2B solutions internationally through Octopia, Cdiscount Advertising, and C-logistics, and is part of Groupe Casino, a global diversified retailer [6]
MercadoLibre: Best Growth Company In Latam
Seeking Alpha· 2025-05-06 05:11
Core Insights - The article discusses the author's long-term experience with MercadoLibre (NASDAQ: MELI) since its IPO in 2007, highlighting its evolution from a perceived platform for stolen goods to a significant player in the fintech and e-commerce sectors [1]. Group 1 - The author has been a shareholder and customer of MercadoLibre, providing a unique perspective on its growth and challenges over the years [1]. - The author has extensive experience analyzing various industries, including airlines, oil, retail, mining, fintech, and e-commerce, which contributes to a comprehensive understanding of MercadoLibre's business model [1]. - The author has navigated multiple economic crises, including the dot-com bubble, 9/11, the great recession, and the COVID-19 pandemic, which informs their analysis of MercadoLibre's resilience and adaptability [1].
BigCommerce Taps Technology Industry Veteran with Strong Record of Innovation as Chief Product Officer
GlobeNewswire News Room· 2025-05-05 12:00
AUSTIN, Texas, May 05, 2025 (GLOBE NEWSWIRE) -- BigCommerce (Nasdaq: BIGC), a leading provider of open, composable commerce solutions for B2C and B2B brands, retailers, manufacturers and distributors, today announced that Vipul Shah has joined the company as its new Chief Product Officer, bringing over two decades of experience building innovative products and business models at PayPal, Google, J.P. Morgan and Wells Fargo. At BigCommerce, Shah leads product management, product design and product strategy gr ...
BigCommerce and Feedonomics Announce Winners of APAC Region Customer and Partner Awards to Honor Exceptional Contributions and Results in Ecommerce
Globenewswire· 2025-04-29 12:00
Core Insights - BigCommerce announced the winners of the 2025 BigCommerce and Feedonomics Customer and Partner Awards, recognizing innovative customers and partners in the ecommerce space [1][2] Customer Awards - The 2025 BigCommerce Customer Award winners include: - Achievement in Growth: Bulk Nutrients - B2B Excellence Award: Ultraceuticals - Design Award: Coco Republic - Shopper Experience Award: Adore Beauty - Innovation Award: Vivo Hair Salon [4] Agency Partner Awards - The 2025 BigCommerce Agency Partner winners include: - Agency Partner of the Year: Aligent - Agency B2B Excellence Award: Terabyte - User Experience & Design Award: Moustache Republic - Creative Problem Solving Award: Aligent - Excellence in Delivery Award: Web Force 5 [6][7] Technology Partner Awards - The 2025 BigCommerce Technology Partner winners include: - Tech Partner of the Year: PayPal - Innovative Integration Award: Marketplacer - Customer Growth Award: Klaviyo - User Experience Award: Stripe [9] Feedonomics Partner Awards - The 2025 Feedonomics Partner winners include: - Feedonomics Partner of the Year: Incubeta - Emerging Partner: Amblique [11]
BigCommerce and Silk Commerce Launch Distributed Ecommerce Hub to Power Scalable Storefront Networks for Dealers, Distributors and Franchises
GlobeNewswire News Room· 2025-04-28 12:00
Core Insights - BigCommerce has launched the Distributed Ecommerce Hub, a joint solution with Silk Commerce, aimed at empowering manufacturers, brands, and franchisors to create and manage branded ecommerce storefronts for their networks [1][2]. Group 1: Product Features - The Distributed Ecommerce Hub allows organizations to create hundreds or thousands of storefronts with centralized control over branding, catalog, and reporting while providing local flexibility for each partner [2]. - It is designed for businesses that have outgrown traditional multi-storefront architecture or require deeper enablement across distributed sales channels [2]. - The solution enables brands to manage their entire network from a single platform, improving partner performance and increasing channel control while maintaining brand consistency [3]. Group 2: Market Positioning - The launch of the Distributed Ecommerce Hub is a response to the growing demand for scalable B2B2X ecommerce infrastructure [2]. - The platform is built on BigCommerce's B2B Edition and Multi-Storefront capabilities, enhanced by a turnkey portal experience developed by Silk Commerce [3]. - It supports a wide range of use cases, from five storefronts to over 5,000, catering to complex, distributed organizations [3]. Group 3: Company Background - BigCommerce is a leading open SaaS and composable ecommerce platform that serves brands, retailers, manufacturers, and distributors globally [4]. - The company provides sophisticated functionality, customization, and performance, with a user-friendly approach, serving tens of thousands of B2C and B2B companies across 150 countries [4]. - Silk Commerce specializes in high-performance ecommerce solutions for enterprise businesses, focusing on ERP integration and custom portal development [5].
Feedonomics Simplifies First-Party Selling for Large Brands, Manufacturers and Distributors with New Amazon Vendor Central Integration
Newsfilter· 2025-04-23 12:00
Sellers best positioned to benefit from the Feedonomics integration with Amazon 1P include: To use the new integration, companies must be an Amazon vendor with a Vendor Central account and supply Feedonomics with the full product catalog data required for listings. Learn more about the Amazon Vendor Central integration and request a complimentary marketplace data review by visiting Feedonomics. About Feedonomics AUSTIN, Texas, April 23, 2025 (GLOBE NEWSWIRE) -- Feedonomics, part of the BigCommerce family of ...
BigCommerce and Noibu Share Joint Vision of Curated Composability to Deliver Seamless Site Performance and Accelerated Innovation for Online Merchants
Globenewswire· 2025-04-22 12:00
Expanded partnership would ensure BigCommerce and Noibu can support merchants at every stage of growth to optimize conversion rates, scale traffic during peak seasons or maintain performance across complex ecommerce architectures AUSTIN, Texas, April 22, 2025 (GLOBE NEWSWIRE) -- BigCommerce (Nasdaq: BIGC), a leading provider of open, composable commerce solutions for B2C and B2B brands and retailers, today announced discussions regarding a potential expansion of its commercial partnership with Noibu, a lead ...