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Britain now an ‘outlier’ on inflation, warn economists
Yahoo Finance· 2025-11-19 15:20
Money markets indicated there was an 87pc chance of a reduction in borrowing costs in December, compared to 79pc before the CPI data was published.However, there was some comfort for mortgage holders as traders raised bets on the Bank of England cutting interest rates next month following the drop in inflation.Tory leader Kemi Badenoch said inflation “has nearly doubled” since Labour came to power. She pointed to the ONS figures showing food inflation rose from 4.5pc in September to 4.9pc in October, which ...
Walgreens Unwraps Holiday Savings for 2025
Businesswire· 2025-11-19 15:00
Core Insights - Walgreens is enhancing the holiday shopping experience by offering significant savings from Black Friday through Christmas Day, featuring the lowest prices of the season on various products [1] Group 1: Promotions and Offers - Shoppers can access exciting savings on trending toys, family-favorite games, beauty products, home necessities, and sweet treats [1] - The retailer aims to make holiday celebrations more affordable, allowing customers to enjoy the season without overspending [1]
X @TechCrunch
TechCrunch· 2025-11-19 14:42
Target joins OpenAI’s growing list of retail apps https://t.co/9EqVt4U1dF ...
5 Must-See Earnings Charts This Week
Earnings Performance & Expectations - AMD's earnings have consistently surpassed expectations for the past five years, with analysts projecting an 18.7% increase in 2025 and a significant 54% jump thereafter [3][4] - McDonald's has a strong earnings surprise track record, but earnings growth is expected to be slower, with 5.1% in 2025 and 8.4% in 2026 [6][7] - Qualcomm demonstrates a great earning surprise track record, with earnings expected to increase by 16.3% in 2025, but no growth is expected in 2026 [9][10] - Ralph Lauren exhibits a strong earnings track record, with analysts anticipating a 21.6% increase this year, followed by 9% in 2026 [13][15] - Ino Data, a small-cap AI play, has shown four consecutive big beats, but earnings are expected to be down 12.4% this year, followed by a significant gain of 39.7% in 2026 [17][18] Valuation & Market Sentiment - AMD's stock is trading at 65 times earnings, with investors seemingly unconcerned about valuations in the AI sector for now [4][5] - McDonald's is trading at a PE of 24 times, which is considered fairly expensive for its single-digit earnings growth [8] - Qualcomm is trading at a PE of 15 times, considered cheap for a tech AI play [12] - Ralph Lauren is trading at 21.3 times forward earnings, which is not super stretched if it achieves its projected earnings growth [16] - Ino Data has a high PE of 96 times following a recent breakout [18] Key Factors & Challenges - Tariffs are a significant issue for retailers like Ralph Lauren, impacting sourcing and pricing strategies [13][14] - McDonald's is facing investor concerns about its ability to execute, particularly regarding the effectiveness of its value menu [8] - Qualcomm's potential for earnings growth is tied to its new rack scale performance and memory capacity for data center AIs [11] - The consumer's willingness to absorb price increases due to tariffs is a key concern for retailers [14]
X @Bloomberg
Bloomberg· 2025-11-19 14:10
Kroger's decision to scale back its partnership with Ocado is a blow to the UK firm's ambitions to be the online food tech company of choice for retailers, writes @AndreaFelsted (via @opinion) https://t.co/uRQqFOSBDZ ...
Markets Stumble As Fed Signals, Earnings, And AI Crosscurrents Drive Volatility
Forbes· 2025-11-19 14:10
Nvidia CEO Jensen Huang will take center stage as the company reports earnings today after the market closes. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)AFP via Getty ImagesKey TakeawaysIndexes Slide While Earnings And Fed Signals Heighten Market Uncertainty TodayNvidia’s Report Looms Amid Growing Questions About AI Investment SustainabilityFed Minutes And Jobs Data Could Reset Expectations For Year-End PolicyIt was a wild day for equities on Tuesday. The S&P 500, Na ...
X @Bloomberg
Bloomberg· 2025-11-19 13:50
Retail developer Michael Comras is making a fresh bet on Miami Beach’s Lincoln Road, scooping up a cluster of buildings a decade after unloading much of his portfolio on the famed promenade https://t.co/ikqpt7wCOx ...
DICK'S Sporting Goods Announces Participation in the Morgan Stanley Global Consumer & Retail Conference
Prnewswire· 2025-11-19 13:00
Accessibility StatementSkip Navigation PITTSBURGH, Nov. 19, 2025 /PRNewswire/ -- DICK'S Sporting Goods, Inc. (NYSE: DKS) today announced that management will participate in a fireside chat at the Morgan Stanley Global Consumer & Retail Conference on Wednesday, December 3 at 10:15 a.m. Eastern Time. The event will be webcast and can be accessed live or as an archived replay from the link on the DICK'S Sporting Goods' Investor Relations website at investors.DICKS.com. About DICK'S Sporting GoodsDICK'S Sportin ...
Griffon Corporation Announces Annual and Fourth Quarter Results
Businesswire· 2025-11-19 12:32
Core Insights - Griffon Corporation reported a fiscal 2025 revenue of $2.5 billion, a 4% decrease from $2.6 billion in the previous year [1] - The company experienced a significant decline in net income, totaling $51.1 million or $1.09 per share, compared to $209.9 million or $4.23 per share in the prior year [2] - Adjusted net income for fiscal 2025 was $263.6 million, or $5.65 per share, an increase from $254.2 million, or $5.12 per share, in the previous year [3] Financial Performance - Fiscal 2025 adjusted EBITDA was $522.3 million, a 2% increase from $513.6 million in the prior year [4] - Fourth quarter revenue was $662.2 million, slightly up from $659.7 million in the same quarter of the previous year [5] - Fourth quarter net income was $43.6 million, or $0.95 per share, down from $62.5 million, or $1.29 per share, in the prior year quarter [6] Segment Performance - Home and Building Products (HBP) revenue for 2025 was $1.6 billion, consistent with the prior year, with a 2% favorable price and mix offset by a 2% decrease in volume [10] - Consumer and Professional Products (CPP) revenue in 2025 was $0.9 billion, a decline of 10% compared to 2024, primarily due to a 12% decrease in volume driven by reduced consumer demand [12] - HBP adjusted EBITDA for 2025 was $494.6 million, a 1% decrease from the previous year, while CPP adjusted EBITDA increased by 18% to $85.5 million [13][10] Cash Flow and Shareholder Returns - The company generated $323 million in free cash flow during the year, which supported the repurchase of 1.9 million shares and regular quarterly dividends [8] - Griffon returned a total of $174 million to shareholders in 2025 through dividends and share repurchases [8] - A 22% increase in the regular quarterly dividend to $0.22 per share was announced, reflecting confidence in the company's strategic plan [9] Balance Sheet and Capital Expenditures - As of September 30, 2025, Griffon had cash and equivalents of $99 million and total debt outstanding of $1.41 billion, resulting in net debt of $1.31 billion [17] - The company reduced its debt by approximately $116 million during the year, improving leverage to 2.4x from 2.6x in the prior year [17] - Capital expenditures for the year were $34.4 million, including $18 million from asset sales [17] 2026 Outlook - For fiscal year 2026, Griffon expects revenue to remain at $2.5 billion and adjusted EBITDA in the range of $580 million to $600 million [20] - The company anticipates HBP and CPP revenue to be in line with 2025, with HBP EBITDA margin exceeding 30% and CPP around 10% [21]
Asian Shares Give Up Early Gains To End Lower
RTTNews· 2025-11-19 08:38
Asian stocks ended mostly lower on Wednesday, failing to hold onto early gains after a three-day sell-off as investors awaited Nvidia earnings, the release of minutes from the Federal Open Market Committee meeting held on October 28-, and the delayed September jobs report. The dollar index managed to hold ground amid fading hopes of Federal Reserve interest-rate cuts. Gold ticked higher as risk-off mood in financial helped buoy safe-haven demand for the precious metal. Oil prices fell on oversupply worries ...