Financial Performance - Total revenue decreased approximately $3 million or 2.7% to approximately $108.5 million for the quarter ended December 31, 2025, compared to revenue of approximately $111.5 million in the prior year period [4] - Operating income increased approximately $2.7 million or 352.9% to $3.5 million for the first quarter, compared with operating income of approximately $800,000 in the prior year period [9] - Adjusted EBITDA for the first quarter was approximately $7.8 million, an increase of approximately $2 million or 35.7% compared to $5.7 million in the prior year period [10] Business Segment Performance - Retail-Flooring segment revenue for the first quarter was approximately $25.3 million, down $6.4 million or 20.2% compared to $31.7 million in the prior year period, primarily due to changes in store footprint and softness in the housing market [5] - Flooring Manufacturing segment revenue for the first quarter was approximately $28.9 million, a decrease of approximately $300,000 or 1.1% compared to approximately $29.2 million in the prior year period [6] - Steel Manufacturing segment revenue for the first quarter was approximately $31.9 million, a decrease of approximately $1.4 million or 4.3% compared to approximately $33.3 million in the prior year period [7] Market Conditions - The decline in revenue was primarily attributable to a $7.1 million decline in the Retail-Flooring and Steel Manufacturing segments, partially offset by a $4.1 million increase in the Retail-Entertainment and Flooring Manufacturing segments [4] - The company experienced sustained softness in new home construction and home refurbishment markets, which continued to weigh on the retail flooring segment [3] Company Strategy and Industry Competition - The company is rolling out a comprehensive strategy to integrate AI across the business units to modernize operations and improve efficiency [11] - The integration of AI alongside robotics and data analytics aims to reinforce cost discipline that supports the long-term strategy [12] Management Commentary on Operating Environment and Future Outlook - Management noted that despite a challenging housing market backdrop, the company delivered a solid first quarter marked by meaningful operating improvements across the businesses [11] - The company successfully refinanced one of its credit facilities in the steel manufacturing segment, strengthening its balance sheet and enhancing its ability to support future growth [3] Other Important Information - Gross profit was approximately $35.4 million for the first quarter, essentially unchanged compared to the prior year period, but gross margin increased by 90 basis points to 32.6% [8] - General and administrative expense decreased approximately $2.2 million or 7.4% to approximately $27.8 million, driven primarily by targeted cost reduction initiatives [9] - Total cash availability at the end of the first quarter was $38.7 million, consisting of cash on hand of $15.1 million and availability under various lines of credit of $23.6 million [11] Q&A Session Summary Question: Are there any questions from the participants? - There were no questions from the participants during the Q&A session [13]

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, February 12th:Allied Gold Corporation (AAUC) : This gold producer, which operates a portfolio of producing assets and development projects located principally in Cote d'Ivoire, Mali and Ethiopia, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 26.8% over the last 60 days.Allied Gold Corporation’s shares gained 87.6% over the last three ...

COLUMBUS, Ohio, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its fourth quarter and full year fiscal 2025 results on Tuesday, March 10, 2026, before the market opens. In conjunction with the release ...

Gates Industrial Reports Fourth-Quarter and Full Year 2025 Results [Accessibility Statement] Skip NavigationDENVER, Feb. 12, 2026 /PRNewswire/ --Fourth-Quarter 2025 Financial Summary- Repurchased approximately $105 million of shares- Adjusted EBITDA of $187.8 million, or a margin of 21.9%- Net income from continuing operations of $56.4 million, or a margin of 6.6%- Adjusted Net Income per diluted share of $0.38- Net income attributable to shareholders of $51.3 million, or $0.20 per diluted share- Fourth-qua ...

Core Insights - The total balance of RMB loans in Anhui Province reached 93,317.52 billion yuan by the end of December 2025, with an increase of 7,309.01 billion yuan for the year, reflecting a year-on-year growth of 8.50% [3][4] - The growth in loans indicates a positive trend in the real economy, with corporate loans being the primary driver, accounting for 94.20% of the total loan increase [5][6] Loan Distribution and Focus Areas - The new loans exceeding 7,000 billion yuan are directed towards key sectors such as technology, manufacturing, green initiatives, and inclusive microfinance, all of which are growing faster than the overall loan growth rate [2][8] - The balance of loans in the "Five Major Financial Articles" reached 40,945.57 billion yuan, with a year-on-year growth of 14.86%, indicating a strong focus on these sectors [8] Manufacturing and Long-term Loans - The balance of loans for the manufacturing sector reached 11,064.67 billion yuan, growing by 10.71%, which is higher than the overall loan growth rate [9] - Over 60% of loans to the manufacturing sector are long-term, amounting to 6,937.55 billion yuan, which supports the capital-intensive nature of manufacturing [9] Support for Small and Agricultural Enterprises - The balance of inclusive microfinance loans reached 15,415.19 billion yuan, with a year-on-year growth of 13.34%, while agricultural loans totaled 26,915.99 billion yuan, growing by 8.09% [10] - The financial support is facilitating the rapid development of industries such as artificial intelligence and high-end equipment manufacturing, contributing to the overall economic growth in Anhui [10]

Analysts on Wall Street project that Valmont Industries (VMI) will announce quarterly earnings of $4.95 per share in its forthcoming report, representing an increase of 28.9% year over year. Revenues are projected to reach $1.05 billion, increasing 0.9% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a company's ea ...

Chinese consumers are experiencing "luxury shame" similar to what happened in the U.S. during the 2008-09 financial crisis, according to a June Bain and Company report.China's consumer inflation rose less than expected in January while the deflation in producer prices persisted, in a sign of continued deflationary pressure in the absence of stronger stimulus.The consumer price index rose 0.2% in January from a year earlier, China's National Bureau of Statistics data showed on Wednesday, below economists' fo ...

Here's the problem: OpenAI is generating annualized revenue of just $20 billion, so it doesn't have anywhere near enough money to meet all of its obligations. The start-up is banking on significant growth over the next few years, combined with substantial inflows from investors, but neither of those things is guaranteed. Nvidia, for example, was recently planning to invest $100 billion in OpenAI, but the deal is now on ice.But the AI industry is now facing a massive test. ChatGPT creator OpenAI has made hun ...

Welcome back. Futures this morning have completely reversed course. We are about an hour away from the opening bell on Wall Street.The Dow industrial is now negative, down 50 points. The S&P is down five and the Nasdaq also weaker by 25 after beginning uh the session uh with gains. All three major indices of course in another record setting performance yesterday.Uh the Dow industrials hitting another all-time high above 50,135. Now, uh, the Nasdaq was up 207 at the close and both the S&P 500 logged backtoba ...

CHARLOTTE, N.C., Feb. 9, 2026 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company"), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced financial results for its fiscal year 2026 third quarter, which ended December 31, 2025. Third Quarter 2026 Highlights (compared with prior-year period, except where otherwise noted) "Our team delivered double-digit sales, order and EPS growth in the quarter, ahea ...