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Fortune Brands Innovations (FBIN) Meets Q1 Earnings Estimates
ZACKS· 2025-05-06 22:25
Fortune Brands Innovations (FBIN) came out with quarterly earnings of $0.66 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.83 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this maker of products for the home, like faucets, cabinets, windows and doors would post earnings of $1.05 per share when it actually produced earnings of $0.98, delivering a surprise of -6.67%.Over the last four quarters, the company ha ...
Purple(PRPL) - 2025 Q1 - Earnings Call Transcript
2025-05-06 21:32
Purple Innovation (PRPL) Q1 2025 Earnings Call May 06, 2025 04:30 PM ET Company Participants Stacy Turnof - EVP - Strategic Situations & Investor RelationsRobert DeMartini - CEO & DirectorTodd Vogensen - Chief Financial OfficerBobby Griffin - Managing Director Conference Call Participants Bradley Thomas - Managing Director & Equity Research AnalystDan Silverstein - Equity Research AnalystBrian Nagel - MD & Senior Analyst - Consumer Growth & eCommerceNone - Analyst Operator Ladies and gentlemen, thank you fo ...
MasterBrand(MBC) - 2025 Q1 - Earnings Call Transcript
2025-05-06 21:32
MasterBrand (MBC) Q1 2025 Earnings Call May 06, 2025 04:30 PM ET Company Participants Farand Pawlak - Vice President of Investor Relations & External CommunicationsDave Banyard - President & CEOAndi Simon - EVP & CFOGarik Shmois - Managing DirectorAdam Baumgarten - Managing Director Conference Call Participants Tom Mahoney - Senior Research Analyst - Partner Operator Welcome to Master Brands First Quarter twenty twenty five Earnings Conference Call. During the company's prepared remarks, all participants wi ...
MasterBrand(MBC) - 2025 Q1 - Earnings Call Transcript
2025-05-06 20:30
MasterBrand (MBC) Q1 2025 Earnings Call May 06, 2025 04:30 PM ET Speaker0 Welcome to Master Brands First Quarter twenty twenty five Earnings Conference Call. During the company's prepared remarks, all participants will be in a listen only mode. Following management's closing remarks, callers are invited to participate in a question and answer session. Please note that this conference call is being recorded. I would now like to turn the call over to your host, Farron Pollak, Vice President of Investor Relati ...
Purple(PRPL) - 2025 Q1 - Earnings Call Transcript
2025-05-06 20:30
Purple Innovation (PRPL) Q1 2025 Earnings Call May 06, 2025 04:30 PM ET Speaker0 Ladies and gentlemen, thank you for standing by. My name is Desiree, and I will be your conference operator today. At this time, I would like to welcome everyone to the Purple Innovation First Quarter twenty twenty five Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer I would now like to turn the conference over to Stacy Turnoff. ...
Purple Announces Significant Expansion of Commercial Relationship with Somnigroup
Prnewswire· 2025-05-06 20:00
Core Viewpoint - Purple Innovation, Inc. has entered into a significant agreement with Somnigroup International, Inc. to expand its presence in Mattress Firm stores nationwide, enhancing its retail footprint and strategic supply support from Tempur Sherwood [1][3][4] Expanded Distribution - Mattress Firm will increase the number of Purple mattress slots from approximately 5,000 to a minimum of 12,000 across its national store network, showcasing Purple's premium mattress lines [4][6] - The expanded distribution is expected to generate at least $70 million in incremental annual revenue for Purple starting in 2026 [7] Strategic Supply Support - Sherwood will have the exclusive right to assemble certain product lines sold to Mattress Firm, while Purple retains the manufacturing of its GelFlex Grid technology and all related intellectual property [8][6] Substantial New Financing - Purple has secured an additional $20 million in debt financing, increasing its total principal commitment to $100 million, which will support ongoing investments in product innovation and advertising [9]
环球家居周报:“中国家居林”落成,TOTO关停北京和上海工厂,多家企业2024年财报发布……
Huan Qiu Wang· 2025-05-06 04:51
来源:环球网 ·第二批810亿元超长期特别国债资金下达 继续支持消费品以旧换新 ·一季度中国家具制造业利润总额37.1亿 下降40.1% ·东莞拟出台新房全装修销售新规 ·嘉寓股份收到股票终止上市决定 ·TOTO关停北京、上海工厂 ·顾家家居雷霆打假 95家侵权店铺曝光 ·"中国家居林"正式落成 ·多家家居企业发布2024年年报 1.第二批810亿元超长期特别国债资金下达 继续支持消费品以旧换新 4月29日,国家发展改革委印发通知,会同财政部及时向地方追加下达今年第二批810亿元超长期特别国 债资金,继续大力支持消费品以旧换新。据了解,国家发展改革委将充分发挥"两新"部际协调机制作 用,强化统筹推进和跟踪调度,督促各地各有关部门加快已拨资金审核兑付,切实减轻企业垫资压力, 确保真金白银优惠直达消费者,推动消费品以旧换新政策发挥更大效果。 2.一季度中国家具制造业利润总额37.1亿 下降40.1% 4月27日,国家统计局数据显示,今年前3个月,中国家具制造业营业收入为1459.8亿元,同比下降 2.2%;营业成本1215.2亿元,同比下降2.2%;利润总额为37.1亿元,同比下降40.1%。木材加工和木、 竹、 ...
Ethan Allen (ETD) Misses Q3 Earnings and Revenue Estimates
ZACKS· 2025-05-05 22:35
分组1 - Ethan Allen reported quarterly earnings of $0.38 per share, missing the Zacks Consensus Estimate of $0.45 per share, and down from $0.48 per share a year ago, representing an earnings surprise of -15.56% [1] - The company posted revenues of $142.7 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 2.13%, and down from $146.42 million year-over-year [2] - Over the last four quarters, Ethan Allen has surpassed consensus EPS estimates only once and has topped consensus revenue estimates just once [2] 分组2 - The current consensus EPS estimate for the coming quarter is $0.71 on revenues of $166.4 million, and for the current fiscal year, it is $2.32 on revenues of $623.8 million [7] - The Zacks Industry Rank indicates that the Retail - Home Furnishings sector is currently in the bottom 10% of over 250 Zacks industries, which may negatively impact stock performance [8] - The estimate revisions trend for Ethan Allen is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6]
RH SECURITIES ALERT: Lose Money on RH? Contact BFA Law about Securities Fraud Investigation (NYSE:RH)
GlobeNewswire News Room· 2025-05-05 11:48
Group 1 - RH is under investigation for potential violations of federal securities laws, as announced by Bleichmar Fonti & Auld LLP [1] - RH operates primarily in the home furnishings market, offering a variety of products including furniture, lighting, textiles, and outdoor furnishings [2] - Despite claims of accelerated demand, RH was actually facing softening demand and macroeconomic challenges that necessitated delays in new collections [3] Group 2 - On April 2, 2025, RH reported disappointing earnings for FY 2024, citing softening demand and excess inventory estimated between $200 million to $300 million [4] - Following the earnings report, RH's stock price plummeted by 40%, dropping from $249.35 to $149.39 per share within a day [4]
RH INQUIRY NOTICE: RH (NYSE:RH) Investors may have been affected by Fraud -- Contact BFA Law
GlobeNewswire News Room· 2025-05-03 11:18
Group 1: Investigation Overview - Bleichmar Fonti & Auld LLP is investigating RH for potential violations of federal securities laws [1] - RH is a luxury lifestyle brand primarily in the home furnishings market, offering a variety of products including furniture and décor [2] Group 2: Company Performance and Market Conditions - During the relevant period, RH claimed accelerated demand despite challenging housing market conditions and indicated a higher level of inventory for downside protection [3] - However, RH was actually experiencing softening demand and macroeconomic challenges that necessitated delays in new collections [3] Group 3: Stock Market Reaction - On April 2, 2025, RH reported disappointing earnings for FY 2024, citing softening demand, an uncertain macroeconomic environment, and excess inventory valued at $200 to $300 million [4] - Following this announcement, RH's stock price plummeted by 40%, dropping from $249.35 per share to $149.39 per share within a day [4]