Core Viewpoint - IREN Limited is expected to report its third-quarter fiscal 2025 results on May 14, with a consensus estimate of 17 cents per share, a decrease from the previous estimate, and projected revenues of $155.69 million, indicating a significant year-over-year improvement of 186.45% [1][2]. Group 1: Financial Performance Expectations - The fiscal third-quarter performance is anticipated to benefit from increased bitcoin revenues, with reported monthly revenues of $52 million, $43.9 million, and $45.3 million for January, February, and March respectively [3]. - However, the revenue per Bitcoin mined has shown a decline, with March's revenue at $85,012, down from $95,570 in February and $99,789 in January, which may pressure both topline and margins for the upcoming quarter [4]. Group 2: Additional Revenue Streams - AI Cloud services revenues have shown a gradual increase, with $0.8 million in January, $1.2 million in February, and $1.6 million in March [5]. Group 3: Earnings Expectations and Model Insights - According to the Zacks model, IREN Limited currently has an Earnings ESP of -40.00% and a Zacks Rank of 4 (Sell), indicating a lower likelihood of an earnings beat compared to other companies [6].

Core Insights - Casio America, Inc. has launched a unique collaboration between G-SHOCK and Crocs, introducing a limited-edition collection that merges rugged utility with street-ready design, enhancing self-expression and functional fashion [1][2]. Group 1: Product Features - The collection features the debut of the Crocs Echo Wave silhouette in a glow-in-the-dark finish, showcasing a custom marbled ankle strap that reflects G-SHOCK's durability and craftsmanship [2]. - A modular watch case is introduced, allowing the timepiece to be worn on the wrist or integrated into the Crocs Echo Wave, redefining traditional watch-wearing methods [3]. - The G-SHOCK Echo Wave Bundle will retail for $200 starting May 27th, available at select wholesale partners and on Crocs.com [4]. Group 2: Company Background - G-SHOCK, developed by Casio, is known for its shock-resistant watches, with a legacy dating back to 1983 when the first model was launched in Japan, establishing itself as "the toughest watch of all time" [5]. - Crocs, Inc., headquartered in Broomfield, Colorado, is a leader in innovative casual footwear, with products sold in over 80 countries through various channels [6].

Core Insights - The performance of Skechers' international operations is critical for understanding its financial resilience and growth potential [1][2][3] Revenue Performance - Skechers reported total revenue of $2.41 billion for the last quarter, reflecting a 7.1% increase from the prior-year quarter [4] - International revenue contributions included $718.2 million from Europe, Middle East & Africa, accounting for 29.78%, which was a surprise increase of 1.35% compared to expectations [5] - Asia Pacific generated $589 million, constituting 24.42% of total revenue, but this was a decrease of 4.78% from analyst projections [6] Future Revenue Forecasts - Analysts predict total revenue of $2.34 billion for the current fiscal quarter, indicating an 8.4% increase year-over-year, with expected contributions of 24.7% from Europe, Middle East & Africa and 25.1% from Asia Pacific [7] - For the full year, total revenue is expected to reach $9.59 billion, a 6.9% increase from the previous year, with Europe, Middle East & Africa and Asia Pacific projected to contribute $2.56 billion and $2.47 billion, respectively [8] Market Dynamics - The reliance on international markets presents both opportunities and challenges for Skechers, necessitating close monitoring of international revenue trends to project future performance [9][10] - The company's stock performance has seen a 27.2% increase over the past four weeks, outperforming the Zacks S&P 500 composite [13]

Market Overview - Stocks surged on Monday due to a U.S.-China deal to temporarily reduce high reciprocal tariffs, fostering optimism about avoiding a global economic recession [1] - The S&P 500 rose by +3% and the Nasdaq increased by over +4%, driven by a rebound in big tech stocks [2] Big Tech Stocks - Mega-cap tech stocks, including Apple, Amazon, Meta Platforms, and Tesla, led the market gains, with each rising over +6% [3] - Analysts may become more bullish on Apple's short-term outlook as a significant portion of its production is based in China [3] - Tesla's stock has spiked +25% in the last month, but it has a Zacks Rank 5 (Strong Sell) due to declining earnings estimate revisions, making it a candidate to fade the rally [4] Microsoft and Nvidia - Microsoft and Nvidia are gaining momentum, with Microsoft being the only Mag 7 stock rated as a buy (Zacks Rank 2) [5] - Microsoft’s fiscal 2025 EPS estimates have increased by 2% over the last 60 days, with FY26 EPS estimates up by 1% [5] Chinese Tech Stocks - Chinese tech stocks like Alibaba and Tencent have benefited from improved investor sentiment, with both having a Zacks Rank 2 (Buy) [6] - Alibaba's ADR has soared nearly +60% year-to-date, while Tencent is up over +20%, driven by their AI expansions [8] Retail Sector - Retailers such as Nike, Starbucks, Walmart, and Target are heavily reliant on supply chain operations from China, making improved U.S.-China relations beneficial for their outlook [9] - Nike generated 14% of its revenue from China in 2024, amounting to $5.5 billion from footwear sales [10] Energy and Transportation Stocks - Energy and transportation stocks are expected to receive a boost from the trade agreement, with crude prices rising by +2% to over $62 a barrel, although still down 20% in 2025 [14] Conclusion - The U.S.-China trade agreement has reassured investors about the global economy's resilience against higher tariffs, making the next 90 days critical for monitoring progress [16]

Core Insights - Weyco Group, Inc. (WEYS) shares have increased by 6.2% since the earnings report for Q1 2025, outperforming the S&P 500 index, which declined by 0.2% during the same period [1] - The company reported a decline in earnings per share to 57 cents, down 17% from 69 cents in Q1 2024, with net sales decreasing by 5% to $68 million [2] Financial Performance - Net earnings fell 17% year-over-year to $5.5 million, while earnings from operations decreased by 15% to $7 million [2] - The North American Wholesale segment experienced a 4% decline in sales to $54.3 million, with mixed performance across brands [3] - The North American Retail segment saw a 12% drop in sales to $8.7 million, attributed to reduced promotional activity [4] - International sales from Florsheim Australia and South Africa decreased by 7% to $5.1 million, primarily due to foreign exchange issues [5] Management Commentary - The CEO highlighted challenges such as geopolitical risks and macroeconomic uncertainty, while noting proactive measures taken by the company [6] - Future risks include significantly higher tariffs on goods sourced from China, with the effective tariff rate increasing from 16% in 2024 to 161% in 2025 [7] Strategic Developments - To address rising costs from tariffs, the company plans to raise prices starting in summer 2025 and diversify sourcing efforts [7] - The board approved a 4% increase in the quarterly dividend to 27 cents per share, payable on June 30, 2025 [8]

Core Viewpoint - Telsey Advisory Group analyst Dana Telsey maintains an Outperform rating on Birkenstock Holding (BIRK) with a price target of $70, anticipating strong revenue growth and margin improvements in the upcoming second-quarter results [1]. Revenue and Earnings Forecast - Total revenue is projected to grow by 17.7% year-over-year to €566.4 million, slightly below the consensus estimate of €568.2 million [1]. - Adjusted EBITDA is estimated at €193.3 million, up from €162.3 million in the prior-year quarter, closely aligning with the consensus view of €192.9 million, resulting in an adjusted EBITDA margin of 34.1% [5]. Margin Analysis - A gross margin expansion of 30 basis points to 56.6% is expected, marginally exceeding the consensus forecast of 56.5% [2]. - Operating expenses are anticipated to remain flat year-over-year at 27.6%, slightly below the consensus figure of 27.7%, leading to a projected 180-basis-point improvement in pretax profit margin to 24.8%, just under the Street's expectation of a 230-basis-point rise to 25.3% [4]. Market Position and Strategy - Birkenstock benefits from a relative advantage in tariff exposure, manufacturing in Germany and deriving only 52% of its fiscal 2024 revenue from the Americas, which limits vulnerability compared to footwear industry peers [3]. - The company is successfully expanding its closed-toe shoe segment and driving average selling price growth, positioning itself well in a market where consumers are becoming more selective with spending [6]. Current Stock Performance - BIRK shares are currently trading lower by 0.36% at $52.28 [7].

Allbirds (BIRD) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Company Participants Christine Greany - Managing DirectorJoe Vernachio - CEO, President, Secretary & DirectorAnnie Mitchell - CFOJanine Stitcher - Retail analystAlex Straton - Equity Research Managing Director Conference Call Participants Tom Forte - Managing Director & Senior Consumer Internet AnalystDylan Carden - Research Analyst Operator Ladies and gentlemen, thank you for standing by, and welcome to Allbird's First Quarter twenty twenty fiv ...

Allbirds (BIRD) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Ladies and gentlemen, thank you for standing by, and welcome to Allbird's First Quarter twenty twenty five Earnings Conference Call. All participants have been placed in a listen only mode. After management prepared remarks, there will be a question and answer session at which time instructions will follow. I would like now to turn the conference over to Christine Greaney, Investor Relations. Please go ahead. Speaker1 Good afternoon, ev ...

Core Insights - Allbirds, Inc. reported first quarter 2025 financial results that were in line with or above guidance ranges, while reiterating its full year 2025 outlook and providing second quarter guidance [1][11]. Financial Performance - Net revenue for Q1 2025 decreased by 18.3% to $32.1 million compared to $39.3 million in Q1 2024, primarily due to planned retail store closures and international distributor transitions [4][9]. - Gross profit for the quarter was $14.4 million, down from $18.5 million in Q1 2024, with gross margin declining by 210 basis points to 44.8% [5][9]. - Selling, general, and administrative expenses were $25.2 million, representing 78.5% of net revenue, a significant decrease from 101.0% in Q1 2024 [6][9]. - Marketing expenses increased to $12.0 million, or 37.4% of net revenue, compared to $7.8 million, or 19.7% in Q1 2024, driven by investments in a new brand marketing campaign [7][9]. - The net loss for Q1 2025 was $21.9 million, or $2.73 per share, an improvement from a net loss of $27.3 million in Q1 2024 [7][9]. - Adjusted EBITDA loss improved to $18.6 million from a loss of $20.9 million in Q1 2024, with adjusted EBITDA margin declining to (58.1)% [8][9]. Balance Sheet Highlights - As of March 31, 2025, Allbirds had $39.1 million in cash and cash equivalents, with no outstanding borrowings under its $50.0 million revolving credit facility [9][27]. - Inventory at the end of the quarter was $42.9 million, a decrease of 29.3% compared to the previous year [9][27]. Guidance and Strategic Initiatives - The company reiterated its financial guidance for 2025, anticipating negative impacts of approximately $18 million to $23 million in revenue due to the transition from a direct selling model to a distributor model in certain international markets and the closure of specific U.S. stores [11][17]. - Allbirds launched a new brand marketing campaign, "Cards on the Table," featuring Stanley Tucci, aimed at increasing brand awareness ahead of fall product launches [3][11].

Core Viewpoint - The market anticipates Birkenstock (BIRK) to report a year-over-year increase in earnings driven by higher revenues for the quarter ending March 2025, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - The consensus EPS estimate for Birkenstock is $0.57 per share, reflecting a year-over-year increase of +29.6% [3]. - Expected revenues are projected at $610.3 million, which is a 16.8% increase from the same quarter last year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised 0.86% higher, indicating a positive reassessment by analysts [4]. - The Most Accurate Estimate for Birkenstock is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +2.20% [10][11]. Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of a potential earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [8]. - Birkenstock currently holds a Zacks Rank of 2, suggesting a high likelihood of beating the consensus EPS estimate [11]. Historical Performance - In the last reported quarter, Birkenstock exceeded the expected earnings of $0.16 per share by delivering $0.19, resulting in a surprise of +18.75% [12]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [13]. Conclusion - Birkenstock is positioned as a compelling candidate for an earnings beat, but investors should consider other influencing factors before making investment decisions [16].