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Bill Ackman Loads Up On Uber, Dumps Nike In Major Q1 Portfolio Rebalance
Benzinga· 2025-05-15 21:52
Bill Ackman could have a new love for the automotive sector with a new investment made in the first quarter and an added position to a stake from the fourth quarter of 2024 that was revealed in April.Here's a look at Ackman's investment holdings in Pershing Square as of March 31.First Quarter Changes: Ackman and Pershing Square unveiled a new stake in Uber Technologies UBER in the first quarter with a position of more than 30 million shares. The stake is now the largest holding the Pershing Square portfolio ...
Wingstop's Revenue Jumps, Costs Rise
The Motley Fool· 2025-04-30 14:04
Wingstop posted solid revenue growth in Q1 2025, although same-store sales and rising costs present cautionary notes.Wingstop (WING 6.08%), a leader in the fast-casual dining segment, released its Q1 FY2025 earnings on April 30, 2025, revealing robust sales growth with a 17.4% increase from the previous year. Net income skyrocketed by 221% in Q1 FY2025 to $92.3 million, equivalent to $3.24 per diluted share (GAAP), signaling robust operational performance. However, same-store sales increased by only 0.5% in ...