SEOUL, South Korea, May 9, 2025 /PRNewswire/ -- BRING GREEN, the vegan K-beauty skincare brand from CJ Olive Young, South Korea's largest beauty retailer, is launching its Tea Tree Cica sun care line in the U.S. market via Amazon this May. The new products include the Tea Tree Cica Facial Sun Cushion and Tea Tree Cica Sun Cream, both featuring a lightweight formula tailored for sensitive skin. BRING GREEN’s Tea Tree Cica Sun Duo Facial Sun Cushion and Sun Cream for calm, protected skin. BRING GREEN's s ...

1Q25 Earnings Presentation May 6, 2025 Disclaimers This presentation contains "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Statements that are not historical facts are forward-looking statements. Our forward- looking statements include, but are not limited to, statements regarding our or our management team's expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that ...

Company Overview - Purple Innovation, Inc. is recognized for creating the "World's First No Pressure™ Mattress" and is a leader in comfort innovation [1] - The company specializes in premium mattresses featuring the GelFlex® Grid technology, which is designed to enhance restorative sleep and reduce aches and pains [4] Financial Results Announcement - Purple will report its first quarter 2025 financial results on May 6, 2025, at approximately 4:05 p.m. ET [1] - A conference call to discuss these results will take place on the same day at 4:30 p.m. ET [1] Participation Details - Investors and analysts can join the conference call by dialing 800-715-9871 (domestic) or 646-307-1963 (international) using Conference ID 7609054 [2] - A live webcast of the call will also be available on the company's investor relations website [2] Replay Information - A telephone replay of the conference call will be accessible until May 13, 2025, by calling 800-770-2030 and entering the Conference ID [3] - A webcast replay will be available on the investor relations section of the company's website for 30 days following the call [3] Product Availability - Purple's products, including mattresses, pillows, cushions, frames, and sheets, are available online at Purple.com, in 55 Purple stores, and over 3,000 retailers nationwide [4]

Financial Data and Key Metrics Changes - The company generated $2 billion in loan volume, a 21% increase year over year, reflecting strong demand from borrowers and loan buyers [5] - Total net revenue grew 20% to $218 million, while pre-provision net revenue increased 52% year over year to $74 million [6][18] - Net interest income reached an all-time high of $150 million, up 22% from the same quarter last year, driven by growth in the balance sheet and optimized funding costs [19] - The net interest margin improved to 6%, primarily due to reduced deposit funding costs [20] Business Line Data and Key Metrics Changes - Non-interest income was $68 million, up 17% year over year, driven by better loan sales pricing [19] - The provision for credit losses was $58 million, compared to $32 million in the same quarter last year, reflecting increased qualitative reserves [23][24] - The net charge-off ratio for the held-for-investment loan portfolio improved to 4.8%, down from 6.9% in the same quarter last year [25] Market Data and Key Metrics Changes - The company secured an investment-grade rating from Fitch for its first rated structured certificate deal, closing a $100 million transaction with a top insurance company [6][10] - The structured certificates program has crossed $5 billion since launch, supporting higher loan sales pricing [9] Company Strategy and Development Direction - The company is focusing on penetrating the large credit card refinance opportunity and expanding marketing channels to accelerate growth [11][12] - The acquisition of Cushion, an AI-powered spending intelligence app, aims to enhance the mobile experience and feature set [7][14] - The company is investing in a new headquarters, taking advantage of lower real estate prices [7] Management's Comments on Operating Environment and Future Outlook - Management acknowledged macroeconomic uncertainties but expressed confidence in the company's strong fundamentals and ability to deliver value [15] - The company anticipates originations of $2.1 billion to $2.3 billion in Q2, representing a year-over-year increase of 16% to 27% [26] - Management expects pre-provision net revenue in the range of $70 million to $80 million for Q2, up 27% to 46% year over year [26] Other Important Information - The company has created significant operating leverage, with revenue growth of 20% compared to a 9% increase in non-interest expenses [22] - The company is carefully monitoring the macro environment and has increased its qualitative provision in preparation for potential economic downturns [8][16] Q&A Session Summary Question: Update on investor demand and marketplace pricing - Management indicated that despite broader market noise, they are maintaining pricing discipline and have a pipeline of new buyers [29][30] Question: Clarification on PPNR guidance for Q2 - Management confirmed that the guidance reflects increased marketing investments and potential offsets on the provision line [33][36] Question: Insights on loan demand and consumer behavior - Management noted that Q2 typically sees a seasonal uptick in originations, with positive responses to new marketing initiatives [81] Question: Discussion on the insurance market as a buyer of loans - Management highlighted the massive opportunity in the insurance market, emphasizing the need for rated products to attract insurance capital [86][87]

Financial Data and Key Metrics Changes - The company generated $2 billion in loan volume, a 21% increase year over year, reflecting strong demand from borrowers and loan buyers [5] - Total net revenue grew 20% to $218 million, while pre-provision net revenue increased 52% year over year to $74 million [6][18] - Net interest income reached an all-time high of $150 million, up 22% from the same quarter last year, driven by growth in the balance sheet and optimization of funding costs [19] - The net interest margin improved to 6%, primarily due to reduced deposit funding costs [20] Business Line Data and Key Metrics Changes - Non-interest income was $68 million, up 17% year over year, driven by better loan sales pricing [19] - The company saw a significant improvement in credit performance, with the net charge-off ratio for the held-for-investment loan portfolio decreasing to 4.8%, down from 6.9% in the same quarter last year [25] Market Data and Key Metrics Changes - The company secured an investment-grade rating from Fitch for its first rated structured certificate deal, closing a $100 million transaction with a top insurance company [6] - The structured certificates program has crossed $5 billion since its launch, supporting higher loan sales pricing [9] Company Strategy and Development Direction - The company is focusing on penetrating the historically large credit card refinance opportunity through product and experience innovation [10] - The acquisition of Cushion, an AI-powered spending intelligence app, aims to enhance the mobile experience and feature set [7][13] - The company is strategically investing in marketing channels to accelerate growth, with initial results aligning with expectations [11] Management's Comments on Operating Environment and Future Outlook - Management acknowledged macroeconomic uncertainties but expressed confidence in the company's strong fundamentals and ability to deliver value [14] - The company anticipates originations of $2.1 billion to $2.3 billion in Q2, representing a year-over-year increase of 16% to 27% [26] - Management indicated that the underlying momentum of the business is strong and expected to continue into the second quarter [16] Other Important Information - The company increased its provision for credit losses to $58 million, compared to $32 million in the same quarter last year, due to higher day one CECL [24] - The company is monitoring the macro environment closely and has increased its qualitative provision in preparation for potential economic downturns [8] Q&A Session Summary Question: Update on investor demand and marketplace pricing - Management feels good about current pricing and maintains discipline on credit and structure, with transactions in April proceeding as planned [29][30] Question: Clarification on PPNR guidance for Q2 - The guidance reflects expected revenue increases and higher marketing expenses, with credit performance looking strong [33][34] Question: Insights on origination volume guidance - Management believes the guidance is not overly conservative and reflects a broader range due to newer marketing vehicles [58] Question: Discussion on capital levels and share repurchase appetite - Capital levels remain strong, with room for growth, and share repurchase is an option but not currently prioritized [64][66] Question: Loan demand from consumers in Q2 - Management noted a typical seasonal increase in Q2, with positive responses to new marketing initiatives [81] Question: Insurance market opportunity for loan buyers - The company sees a massive opportunity in the insurance market, particularly with rated products that meet capital efficiency needs [85][86]

Lindsay Corporation (NYSE:LNN) Q2 2025 Earnings Conference Call April 3, 2025 11:00 AM ET Company Participants Randy Wood - President & Chief Executive Officer Brian Ketcham - Chief Financial Officer Conference Call Participants Brian Drab - William Blair Ryan Connors - Northcoast Research Partners Adam Farley - Stifel Operator Good day, and welcome to the Lindsay Corporation Fiscal Second Quarter 2025 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please not ...

Company Overview - Purple Innovation, Inc. is recognized for creating the "World's First No Pressure™ Mattress" and is a leader in comfort innovation [1] - The company specializes in premium mattresses featuring the GelFlex® Grid technology, which is designed to enhance restorative sleep and reduce aches and pains [4] Financial Results Announcement - Purple will report its fourth quarter and full year 2024 financial results on March 13, 2025, at approximately 4:05 p.m. ET [1] - A conference call to discuss these results will take place on the same day at 4:30 p.m. ET [1] Participation Details - Investors and analysts can join the conference call by dialing 844-481-1976 for domestic calls or 412-317-0642 for international calls [2] - A live webcast of the call will also be available on the company's investor relations website [2] Replay Information - A telephone replay of the conference call will be accessible until March 27, 2025, using the number 877-344-7529 for domestic and 412-317-0088 for international calls, with Conference ID 4514096 [3] - A webcast replay will be available on the investor relations section of the company's website for 30 days following the call [3]