Workflow
Bags
icon
Search documents
Marimekko to start acquiring the company's own shares
Globenewswire· 2026-02-12 06:05
Core Viewpoint - Marimekko Corporation's Board of Directors has decided to initiate a share buyback program, acquiring up to 90,000 shares, which is approximately 0.22% of the total shares outstanding, starting from 16 February 2026 and expected to conclude by the end of May 2026 [1] Group 1: Share Buyback Details - The Annual General Meeting on 15 April 2025 authorized the acquisition of a maximum of 150,000 shares, representing about 0.4% of the total shares [2] - The shares will be purchased using funds from the company's non-restricted equity, which will reduce the funds available for distribution [2] - The acquired shares may be used for incentive compensation programs, transferred for other purposes, or cancelled, with the authorization valid until 15 October 2026 [2] Group 2: Company Overview - Marimekko Corporation has a total of 40,649,170 shares and currently holds 77,790 of its own shares [3] - In 2025, the company's net sales reached EUR 190 million, with a comparable operating profit margin of 17.1% [3] - Marimekko operates approximately 170 stores globally and serves customers in 39 countries through its online store, with key markets in Northern Europe, the Asia-Pacific region, and North America [3]
MARIMEKKO FINANCIAL STATEMENTS BULLETIN 2025: Marimekko’s net sales in the fourth quarter grew from the comparison period’s record level and operating profit margin was at a good level despite the continued challenging market situation
Globenewswire· 2026-02-12 06:00
Marimekko Corporation, Financial Statements Bulletin, 12 February 2026 at 8.00 a.m. EET MARIMEKKO FINANCIAL STATEMENTS BULLETIN 2025: Marimekko’s net sales in the fourth quarter grew from the comparison period’s record level and operating profit margin was at a good level despite the continued challenging market situation This release is a summary of Marimekko’s financial statements bulletin for the January-December period of 2025. The complete report is attached to this release as a pdf file and it is also ...
Marimekko establishes a new share-based long-term incentive plan for the management
Globenewswire· 2026-02-12 05:55
Core Viewpoint - Marimekko Corporation has established a new share-based long-term incentive plan for its management to align their interests with shareholders and enhance the company's long-term value [1] Group 1: Incentive Plan Overview - The new incentive plan is designed to commit the Management Group to the company's strategy and objectives while providing a competitive reward system based on the performance and accumulation of shares [1] - The Performance Share Plan for 2026–2030 includes four performance periods covering financial years 2026–2027, 2026–2028, 2027–2029, and 2028–2030 [2] Group 2: Reward Structure - The Management Group can earn Marimekko shares based on performance, with rewards paid in spring after each performance period, consisting of both shares and cash [3] - The cash portion of the reward is intended to cover taxes and social security contributions, and the total rewards are capped at limits set by the Board of Directors [3] Group 3: Holding Period and Performance Criteria - Shares awarded are subject to a two-year holding period during which they cannot be sold or transferred [4] - Performance criteria for the periods 2026–2027 and 2026–2028 are based on total shareholder return and operating profit margin, with maximum rewards of 50,000 shares for 2026–2027 and 103,000 shares for 2026–2028 if targets are fully met [5] Group 4: Company Profile - Marimekko is a Finnish lifestyle design company known for its unique prints and colors, with a product portfolio that includes clothing, bags, accessories, and home décor [6] - In 2024, Marimekko reported net sales of EUR 183 million and a comparable operating profit margin of 17.5 percent, operating approximately 170 stores globally and serving customers in 39 countries [6]
Release of Marimekko's Financial Statements Bulletin for the year 2025
Globenewswire· 2026-02-05 12:00
Core Viewpoint - Marimekko Corporation will release its Financial Statements Bulletin for the year 2025 on 12 February 2026, providing insights into the company's financial performance and future outlook [1]. Group 1: Financial Performance - In 2024, Marimekko's net sales reached EUR 183 million, with a comparable operating profit margin of 17.5 percent [2]. Group 2: Company Overview - Marimekko is a Finnish lifestyle design company known for its original prints and colors, offering a diverse product portfolio that includes clothing, bags, accessories, and home décor items [2]. - The company operates approximately 170 stores globally and serves customers in 39 countries through its online store [2]. - Key markets for Marimekko include Northern Europe, the Asia-Pacific region, and North America, with a workforce of about 480 employees [2]. - Marimekko's shares are listed on Nasdaq Helsinki Ltd [2].
Release of Marimekko's Financial Statements Bulletin for the year 2025
Globenewswire· 2026-02-05 12:00
Core Viewpoint - Marimekko Corporation will release its Financial Statements Bulletin for the year 2025 on 12 February 2026, providing insights into the company's financial performance and future outlook [1]. Group 1: Financial Performance - In 2024, Marimekko's net sales reached EUR 183 million, with a comparable operating profit margin of 17.5 percent [2]. Group 2: Company Overview - Marimekko is a Finnish lifestyle design company known for its original prints and colors, offering a diverse product portfolio that includes clothing, bags, accessories, and home décor items [2]. - The company operates approximately 170 stores globally and serves customers in 39 countries through its online store [2]. - Key markets for Marimekko include Northern Europe, the Asia-Pacific region, and North America, with a workforce of about 480 employees [2]. - Marimekko's shares are listed on Nasdaq Helsinki Ltd [2].
Why Puma Could Get the Salomon Treatment After Anta’s Investment
Yahoo Finance· 2026-01-27 19:40
Group 1 - Anta Sports has confirmed a deal to acquire a 29.06 percent stake in Puma SE for $1.8 billion, making it the largest shareholder of the brand [1] - Analysts speculate that under Anta's guidance, Puma could see significant market amplification and enhanced marketing efforts, including new endorsements and store openings in key markets [2] - Puma is expected to adopt a more premium positioning globally, inspired by Salomon's successful strategy, which has included expanding offerings and opening flagship stores in prime locations [2] Group 2 - Salomon has experienced steady growth, supported by Anta's acquisition of Amer Sports in 2019 and Amer's IPO on the New York Stock Exchange in 2024, with a reported net income of $143.1 million in Q3 2024, up from $55.8 million in the same quarter the previous year [3] - Amer Sports CEO highlighted strong demand for Salomon's footwear across all regions, particularly in Asia, with growth in related products such as bags and socks [4] - The acquisition by Anta provides Puma with additional financial resources to address its ongoing "reset program," aimed at reducing high inventory levels and rethinking distribution strategies in key markets including Europe, the Middle East, Africa, China, and the U.S. [4]
Tapestry's Quarterly Earnings Preview: What You Need to Know
Yahoo Finance· 2026-01-13 12:14
Core Viewpoint - Tapestry, Inc. is poised to report strong fiscal second-quarter earnings, with expectations of continued growth in earnings per share (EPS) driven by a growing customer base and robust performance in the luxury accessories market [1][2][5]. Financial Performance - Analysts anticipate Tapestry will report a profit of $2.16 per share on a diluted basis, reflecting an 8% increase from $2 per share in the same quarter last year [2]. - For the full fiscal year, EPS is expected to reach $5.59, marking a 9.6% increase from $5.10 in fiscal 2025, with further growth projected to $6.18 in fiscal 2027, a year-over-year rise of 10.6% [3]. Stock Performance - Tapestry's stock has significantly outperformed the S&P 500 Index, with a 99.1% increase over the past 52 weeks compared to the S&P 500's 19.7% gains [4]. - The stock also outperformed the Consumer Discretionary Select Sector SPDR Fund, which saw a 12.8% increase during the same period [4]. Customer Acquisition - The company's strong performance is attributed to the acquisition of 2.2 million new global customers, particularly among Gen Z consumers [5]. Analyst Ratings - The consensus opinion on Tapestry stock is moderately bullish, with a "Moderate Buy" rating. Out of 20 analysts, 13 recommend a "Strong Buy," one a "Moderate Buy," and six a "Hold" [6]. - Tapestry currently trades above its mean price target of $132.44, with a Street-high price target of $154 indicating a potential upside of 15.2% [6].
YETI Holdings, Inc. Announces Participation in the 28th Annual ICR Conference
Globenewswire· 2025-12-30 13:00
Core Viewpoint - YETI Holdings, Inc. will host investor meetings at the 28th Annual ICR Conference in Orlando, FL on January 12, 2026 [1] Company Overview - YETI Holdings, Inc. is headquartered in Austin, Texas and is a global designer, retailer, and distributor of innovative outdoor products [2] - The product range includes coolers, drinkware, bags, and apparel, designed to meet the needs of various outdoor activities [2] - YETI has established a strong following among brand loyalists, including serious outdoor enthusiasts and consumers who value high-quality products [2] - The company is committed to the outdoor and recreation communities, focusing on building superior products for outdoor enjoyment [2]
GlobalTech Announces D. Boral Capital LLC as Strategic Advisor for Recently Announced Planned Acquisition of Moda in Pelle
Globenewswire· 2025-12-15 13:15
Core Viewpoint - GlobalTech Corporation has announced the planned acquisition of 123 Investments Limited, operating as Moda in Pelle, with D. Boral Capital LLC serving as its strategic advisor for this transaction [1][2]. Company Overview - GlobalTech Corporation is a U.S.-based technology holding company focused on artificial intelligence, big data, and emerging technologies, aiming to empower innovative companies through strategic partnerships and capital investment [3]. - D. Boral Capital LLC is a global investment bank that specializes in providing strategic advisory and financial solutions to middle-market and emerging growth companies, having successfully aggregated approximately $30 billion in capital since its inception in 2020 [4][3]. Acquisition Details - The acquisition of Moda in Pelle is part of GlobalTech's strategy to scale globally and invest in cutting-edge solutions, with updates to be shared in future public filings [2]. - The transaction is subject to customary agreements and compliance, with no assurance of timely completion [2]. Moda in Pelle Overview - Moda in Pelle, established in 1975, is a British footwear brand known for its high-quality products and strong presence in the UK market, operating over 40 retail stores and a robust online platform [4].
YETI (NYSE:YETI) 2025 Conference Transcript
2025-12-02 16:17
Summary of YETI (NYSE:YETI) 2025 Conference Call Company Overview - **Company**: YETI Holdings, Inc. - **Industry**: Consumer Products, specifically outdoor and drinkware products - **Conference Date**: December 02, 2025 Key Points Product Innovation and Growth Strategy - YETI has focused on product innovation since its inception in 2006, emphasizing durability, performance, and design [2][3] - The company has diversified its product range, including drinkware, bags, and protective storage cases, with drinkware being a significant growth driver [3][4] - The drinkware segment has evolved since its launch in 2014, with a broadening of use cases leading to increased consumer engagement [3][8] - YETI sees potential in expanding its bag offerings across everyday, travel, and active outdoor categories [4] Market Position and Competitive Differentiation - YETI's competitive differentiation lies in its high-quality products, effective marketing, and community engagement [10][11] - The brand has established partnerships in various sports, including professional women's volleyball and soccer, to enhance its market presence [12][13] Marketing and Advertising Strategy - YETI is shifting its marketing strategy to focus on brand awareness through targeted campaigns during major sporting events [17][18] - The company emphasizes the importance of endemic marketing while dynamically allocating resources based on consumer behavior changes [15][16] International Expansion - Currently, approximately 20% of YETI's sales are from non-U.S. markets, with significant growth potential in Europe, Asia, and Australia [20][22] - The company is focusing on building its e-commerce presence in Europe and has launched operations in Japan, with plans for further expansion in North Asia and China [22][23] Financial Performance and Capital Allocation - YETI increased its share repurchase target for 2025 from $200 million to $300 million, reflecting confidence in its financial position and growth opportunities [29][30] - The company has maintained a strong balance sheet, with a net cash position and consistent free cash flow generation [30] Consumer Sentiment and Market Outlook - YETI is optimistic about consumer engagement despite broader economic uncertainties, focusing on the giftable nature of its products [31][32] - The company views 2025 as a setup year for long-term growth, particularly in drinkware and soft cooler segments [32] Supply Chain and Gross Margin Considerations - YETI is transitioning its supply chain to reduce reliance on China, which has impacted product availability and growth in the short term [46][47] - The company anticipates that gross margins will normalize as supply chain diversification efforts progress [34][35] Use of Technology and AI - YETI is exploring the use of AI in customer service, product development, and marketing to enhance consumer engagement and operational efficiency [43][44] Product Margin Insights - Historically, drinkware has maintained a gross margin approximately 1,000 basis points higher than coolers and equipment, with new product introductions expected to follow similar trends [45] Additional Insights - YETI's marketing strategy is evolving to adapt to changing consumer behaviors, including the rise of digital and marketplace shopping [40][41] - The company is cautious about pricing strategies, aiming for consistency while exploring opportunities for selective price increases [36][39]