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New Strong Buy Stocks for Oct. 21: NEM, AS and More
ZACKS· 2025-10-21 11:41
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Newmont Corporation (NEM) : This producer and explorer of gold and other metals has seen the Zacks Consensus Estimate for its current year earnings increasing 6.9% over the last 60 days.Royal Bank of Canada (RY) : This diversified financial services company has seen the Zacks Consensus Estimate for its current year earnings increasing 5.6% over the last 60 days.Amer Sports, Inc. (AS) : This sports and outdoor brands company has seen the ...
Fox Factory Holding Corp. Announces Third Quarter 2025 Earnings Conference Call
Globenewswire· 2025-10-16 13:00
Core Insights - Fox Factory Holding Corp. will announce its third-quarter results for the period ending October 3, 2025, on November 6, 2025, after market close [1] - A conference call with the executive management team will take place on the same day at 4:30 p.m. ET to discuss the results [2] Company Overview - Fox Factory Holding Corp. is a global leader in designing, engineering, and manufacturing premium products for specialty sports and vehicles, including shocks and suspension systems [3] - The company’s brand portfolio includes FOX, Marucci, and Method Race Wheels, known for innovation and performance trusted by professional athletes and enthusiasts [3] - Fox Factory integrates engineering and manufacturing expertise through acquisitions to diversify its product offerings beyond its core shock and suspension segment [3] - The company also provides aftermarket products through a global network of retailers and direct-to-consumer channels [3]
Escalade Announces Acquisition of Gold Tip, a Leading Archery Brand, from Revelyst
Prnewswire· 2025-09-29 10:00
Core Viewpoint - Escalade, Inc. has announced the acquisition of Gold Tip and Bee Stinger brands from Revelyst Inc., enhancing its position in the archery market and expanding its product offerings in precision carbon arrows and premium stabilizers [1][2][3]. Company Overview - Escalade, Inc. is a leader in archery, sporting goods, and indoor/outdoor recreation equipment, founded in 1922 and headquartered in Evansville, Indiana [5]. - The company has a diverse portfolio of brands, including Bear Archery, Trophy Ridge, and Cajun Bowfishing, and aims to connect families and friends through recreational activities [5]. Acquisition Details - The acquisition of Gold Tip, a manufacturer known for its innovative carbon arrows, and Bee Stinger, a producer of premium bow stabilizers, is seen as a strategic move to strengthen Escalade's market position in archery [1][2]. - Escalade's CEO, Armin Boehm, emphasized the commitment to invest in these brands to accelerate product innovation and build on their past successes [2][4]. Strategic Importance - The addition of Gold Tip and Bee Stinger aligns with Escalade's long-term strategy to enhance its offerings in the archery and bowhunting markets, which are considered a strategic priority for the company [2][4]. - Eric Nyman, CEO of Revelyst, noted that the sale allows Revelyst to focus on its key categories while ensuring that Gold Tip and Bee Stinger are in capable hands with Escalade [3]. Market Position - The acquisition is expected to provide Escalade with a complete and market-leading range of archery products, thereby improving service to dealers, distributors, and retailers [4].
衡水劲驰体育用品有限公司成立 注册资本10万人民币
Sou Hu Cai Jing· 2025-08-29 22:22
Group 1 - Hengshui Jinch Sports Goods Co., Ltd. has been established with a registered capital of 100,000 RMB [1] - The legal representative of the company is Xing Wenshu [1] - The business scope includes manufacturing, retailing, and wholesaling of sports goods and equipment, as well as sales and manufacturing of maternal and infant products, home appliances, electronic products, daily necessities, and special labor protection products [1]
These Analysts Increase Their Forecasts On Amer Sports After Upbeat Q2 Results
Benzinga· 2025-08-20 15:17
Core Insights - Amer Sports, Inc. reported better-than-expected earnings for Q2, with adjusted earnings per share of 6 cents, surpassing the analyst consensus estimate of 3 cents. Quarterly sales reached $1.24 billion, reflecting a 23% year-over-year increase, exceeding the expected $1.18 billion [1]. Financial Performance - The company raised its FY2025 GAAP EPS outlook to a range of 77 cents to 82 cents, up from the previous range of 67 cents to 72 cents, compared to the 71-cent estimate. Additionally, the FY2025 sales forecast was lifted to $6.22 billion to $6.27 billion, above the earlier range of $5.96 billion to $6.06 billion, and exceeding Wall Street's estimate of $6.08 billion [3]. Analyst Ratings and Price Targets - Following the earnings announcement, analysts adjusted their price targets for Amer Sports. B of A Securities analyst Lorraine Hutchinson maintained a Buy rating and raised the price target from $42 to $45. Baird analyst Jonathan Komp also maintained an Outperform rating and increased the price target from $44 to $45 [4][8].
Compared to Estimates, Amer Sports, Inc. (AS) Q2 Earnings: A Look at Key Metrics
ZACKS· 2025-08-19 14:31
Core Insights - Amer Sports, Inc. reported a revenue of $1.24 billion for the quarter ended June 2025, reflecting a year-over-year increase of 24.4% and surpassing the Zacks Consensus Estimate by 4.22% [1] - The company's EPS for the quarter was $0.06, a significant increase from $0.05 in the same quarter last year, resulting in an EPS surprise of 200% compared to the consensus estimate of $0.02 [1] Revenue Performance - Geographic Revenues: - EMEA: $276.2 million, exceeding the estimated $242.25 million, with a year-over-year increase of 19.1% [4] - Asia Pacific: $154.5 million, slightly below the estimated $161.59 million, but showing a substantial year-over-year increase of 45.8% [4] - Greater China: $410.2 million, surpassing the estimated $373.04 million, with a year-over-year increase of 41.9% [4] - Americas: $395.4 million, slightly above the estimated $389.07 million, with a year-over-year increase of 7.5% [4] - Segment Revenue: - Technical Apparel: $508.9 million, below the estimated $518.35 million, with a year-over-year increase of 25% [4] - Outdoor Performance: $413.7 million, exceeding the estimated $379.21 million, with a year-over-year increase of 36.1% [4] - Ball & Racquet Sports: $313.7 million, surpassing the estimated $292.02 million, with a year-over-year increase of 10.9% [4] - Channel Revenues: - DTC: $640.9 million, exceeding the estimated $600.42 million, with a year-over-year increase of 42.7% [4] - Wholesale: $595.4 million, slightly above the estimated $589.17 million, with a year-over-year increase of 9.3% [4] Profitability Metrics - Adjusted Operating Profit: - Technical Apparel: $70.7 million, below the estimated $75.89 million [4] - Ball & Racquet Sports: $9.7 million, exceeding the estimated $5.22 million [4] - Outdoor Performance: $21.3 million, significantly above the estimated -$13.79 million [4] Stock Performance - Amer Sports, Inc. shares have returned -1.8% over the past month, while the Zacks S&P 500 composite has increased by 2.5% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]
Amer Sports(AS) - 2025 Q2 - Earnings Call Transcript
2025-08-19 13:02
Financial Data and Key Metrics Changes - Amur Sports reported a 23% sales growth in Q2, or 22% excluding currency impact, with adjusted operating margin expanding by 260 basis points [7][31][34] - Adjusted net income increased to $36 million from $25 million year-over-year, with adjusted diluted EPS rising to $0.06 from $0.05 [35][36] Business Line Data and Key Metrics Changes - Technical Apparel revenues increased by 23% to $509 million, driven by a 31% D2C expansion [36][37] - Outdoor Performance segment saw revenues rise by 35% to $414 million, with D2C growing 63% [39][41] - Ball and Racket revenue increased by 11% to $314 million, supported by strong performance in soft goods and racket sports [43][45] Market Data and Key Metrics Changes - Asia Pacific led regional growth with a 45% increase, followed by China at 42%, EMEA at 18%, and the Americas at 6% [32][34] - The Americas' growth was impacted by a normalization in ball and racket sales and a shift in wholesale shipments [32] Company Strategy and Development Direction - The company aims to optimize its retail footprint rather than pursue aggressive store expansion, focusing on high-quality locations [13][14] - Plans to open approximately 25 net new stores globally in 2025, with a significant focus on North America [13][14] - The company is confident in its ability to manage through tariff scenarios due to its premium brands and pricing power [8][29] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating macro uncertainties and higher tariffs, emphasizing the strength of their brand portfolio [6][29] - The company raised its full-year revenue growth guidance from 15%-17% to 20%-21% due to strong Q2 performance [49][50] Other Important Information - The company received $19 million in government grants, benefiting adjusted operating margin by approximately 150 basis points [34] - The company ended the quarter with $640 million in net debt, maintaining a healthy balance sheet [45][46] Q&A Session Summary Question: Can you elaborate on the momentum in the third quarter and the growth drivers for Solomon? - Management noted strong Q2 results and continued momentum into Q3, particularly for Solomon footwear, driven by new product introductions and a unique outdoor sneaker category [57][58] Question: What are the next growth levers for the Solomon brand? - Management highlighted the strong growth in China and plans to open additional stores in the U.S., focusing on building a solid foundation for the brand [64][66] Question: What pricing strategies are being implemented to mitigate tariffs? - Management indicated that while some price increases have been implemented for Wilson, they have managed to mitigate tariff impacts for other brands without raising prices [71][72] Question: How are full-price stores performing compared to outlet stores? - Management reported robust performance in full-price stores, with a mid-single-digit drag from outlet sales, indicating a shift towards a healthier full-price mix [75][76] Question: What has driven the recent growth in the women's business at Arcterix? - Management reported over 30% revenue growth in the women's segment, with specific models performing exceptionally well [84][85] Question: What are the key drivers behind Solomon's recent growth? - Management attributed Solomon's growth to a unique product proposition and a strong business model in China, with plans for further expansion in the U.S. [87][90]
Acushnet (GOLF) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2025-08-07 14:36
Core Insights - Acushnet reported revenue of $720.48 million for the quarter ended June 2025, reflecting a year-over-year increase of 5.4% [1] - The company's EPS was $1.25, up from $1.11 in the same quarter last year, but fell short of the consensus estimate of $1.33, resulting in an EPS surprise of -6.02% [1] - The revenue exceeded the Zacks Consensus Estimate of $713.47 million, leading to a revenue surprise of +0.98% [1] Key Metrics - Titleist golf balls generated net sales of $262.2 million, which was below the average estimate of $267.94 million, but showed a year-over-year increase of 5.9% [4] - FootJoy golf wear reported net sales of $153 million, slightly below the average estimate of $154.05 million, representing a year-over-year decline of 2.7% [4] - Titleist golf gear achieved net sales of $76.7 million, surpassing the average estimate of $72 million, with a year-over-year increase of 11.3% [4] - Titleist golf clubs had net sales of $191.6 million, which was below the estimated $195.72 million, but still reflected a year-over-year growth of 7.9% [4] Stock Performance - Acushnet's shares have returned +2.6% over the past month, outperforming the Zacks S&P 500 composite's +1.2% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]
Leatt Corp Announces Results for the Second Quarter 2025
Prnewswire· 2025-08-07 12:00
Core Insights - Leatt Corporation reported a significant increase in global revenues and net income for the second quarter of 2025, with revenues rising by 61% to $16.18 million and net income increasing by 208% to $1.14 million compared to the same period in 2024 [3][11][12]. Financial Performance - Total global revenues for Q2 2025 were $16.18 million, up from $10.08 million in Q2 2024, marking a 61% increase [9]. - Net income for Q2 2025 was $1.14 million, or $0.18 per share, compared to a net loss of $1.06 million in Q2 2024 [12]. - Gross profit for Q2 2025 was $6.89 million, a 76% increase from $3.92 million in Q2 2024, with gross profit margin improving from 39% to 43% [5][10]. Product Category Performance - Body armor revenues increased by 48%, helmet revenues surged by 117%, other products (including apparel and accessories) rose by 65%, and neck brace sales grew by 19% compared to Q2 2024 [4]. - Consumer direct sales grew by 35%, while dealer direct MOTO and MTB sales in the U.S. increased by 45% [6]. Operational Highlights - The company achieved its fourth consecutive quarter of revenue growth and third consecutive quarter of double-digit growth following a post-COVID inventory surplus [3]. - Cash and cash equivalents increased by 27% to $15.73 million, with cash flows from operations for the first six months of 2025 amounting to $4.11 million [8][12]. Awards and Recognition - Leatt's 5.0 Gravity Helmet won the Gold Award for Technical Highlights, and the 6.0 HydraDri® Jacket received an award for Performance Clothing at Eurobike 2025 [11][13]. Business Outlook - The company anticipates continued growth driven by international sell-through, re-stocking dynamics, and domestic sales outreach programs [14]. - Despite some geopolitical and economic challenges, the company remains confident in its strategy of investing in talent and innovative product development to fuel future growth [15][16].
Compared to Estimates, Topgolf Callaway (MODG) Q2 Earnings: A Look at Key Metrics
ZACKS· 2025-08-07 00:01
Core Insights - Topgolf Callaway Brands reported $1.11 billion in revenue for the quarter ended June 2025, reflecting a year-over-year decline of 4.1% and an EPS of $0.24 compared to $0.42 a year ago, with a revenue surprise of +2.69% over the Zacks Consensus Estimate of $1.08 billion and an EPS surprise of +700% over the consensus estimate of $0.03 [1] Revenue Performance - Topgolf segment generated net revenues of $485.3 million, exceeding the three-analyst average estimate of $462.06 million, but showing a year-over-year decline of -1.8% [4] - Active Lifestyle segment reported net revenues of $213.6 million, below the three-analyst average estimate of $222.17 million, with a year-over-year decline of -14.4% [4] - Golf Equipment segment achieved net revenues of $411.6 million, slightly above the average estimate of $405.65 million, with a year-over-year change of -0.5% [4] - Services segment reported net revenues of $481.4 million, surpassing the two-analyst average estimate of $458.45 million, with a year-over-year decline of -1.6% [4] - Products segment generated net revenues of $629.1 million, slightly below the two-analyst average estimate of $636.17 million, reflecting a year-over-year decline of -5.9% [4] Operating Income - Topgolf segment reported operating income of $55.4 million, significantly exceeding the three-analyst average estimate of $25.03 million [4] - Active Lifestyle segment achieved operating income of $20.5 million, surpassing the two-analyst average estimate of $9.55 million [4] - Golf Equipment segment reported operating income of $76.3 million, exceeding the average estimate of $64.45 million from two analysts [4] Stock Performance - Shares of Topgolf Callaway have returned +2.9% over the past month, outperforming the Zacks S&P 500 composite's +0.5% change, with a current Zacks Rank of 3 (Hold), indicating potential performance in line with the broader market [3]