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The Very Group sees FY25 record earnings despite fashion sales drop
Yahoo Finance· 2025-10-24 11:31
Overall Performance - The Very Group reported a group revenue decline of 1.8% year-on-year to £2.087.4bn ($2.78bn) for FY25, down from £2.125.3bn in FY24, indicating a focus on profitability over volume in a challenging market [1] - Adjusted EBITDA increased by 15.9% to £307.1m compared to £264.9m in FY24, achieving an adjusted EBITDA margin of 14.7%, the highest in the company's history [2] - Group operating profit before exceptional items rose to £246.2m from £218.5m in FY24, while the group loss before tax increased significantly to £505.4m from £16.3m in FY24 [2] Cost Management - Group gross margin improved by 1.0% to 36.6%, attributed to strong financial services performance and a shift in retail sales mix towards higher margin home sales [3] - Operating costs, excluding fair value adjustments, decreased by £36.4m year-on-year, representing a 0.9% reduction as a percentage of revenue to 22.3%, the lowest in the Group's history [3] Category Performance - The fashion and sports segment experienced a decline of 3.7% due to a heavily discounted and challenging market, continuing a trend from FY24 where declines of 5.5% and 0.7% were noted [4] - The home category saw significant growth of 9.9% year-on-year, driven by strong demand for home accessories, textiles, and bedroom furniture, alongside growth in toys (up 4.3%) and beauty (up 5.2%) following targeted investments [5] Strategic Outlook - The CEO of The Very Group described FY25 as a year of real progress, emphasizing the unique business model as a multicategory digital retailer and flexible payments provider that resonates with families [6]
Aterian Launches Products on BedBathandBeyond.Com
Globenewswire· 2025-10-14 12:30
Core Insights - Aterian, Inc. has launched select products from its brands on Bed Bath & Beyond's online platform, enhancing its digital presence and omni-channel sales strategy [1][2] - The products available include offerings from hOmeLabs, Squatty Potty, PurSteam, and Mueller Living, which are designed to improve everyday living [1][6] Company Overview - Aterian, Inc. is a consumer products company that builds and acquires e-commerce brands across various categories, including home and kitchen appliances, health and wellness, and air quality devices [4] - The company sells products on major online marketplaces such as Amazon, Walmart, and Target, as well as through its own direct-to-consumer websites [4] Bed Bath & Beyond Overview - Bed Bath & Beyond, Inc. is an e-commerce-focused retailer that owns various retail brands, including Bed Bath & Beyond, Overstock, buybuy BABY, and Kirkland's Home [3] - The company aims to enhance customers' everyday lives through quality, style, and value [3]
Gaucho (VINO) - Prospectus(update)
2023-05-22 19:18
As filed with the Securities and Exchange Commission on May 22, 2023 Registration No. 333-271761 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 1 to FORM S-1 Delaware 6552 52-2158952 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No.) 112 NE 41st Street, Suite 106, Miami, Florida 33137 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Gaucho Group Holdings, In ...
Gaucho (VINO) - Prospectus
2023-05-09 19:52
As filed with the Securities and Exchange Commission on May 9, 2023 Registration No. __________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Gaucho Group Holdings, Inc. Delaware 6552 52-2158952 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No.) 112 NE 41st Street, Suite 106, Miami, Florida 33137 (Address, includi ...