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New Strong Buy Stocks for Nov. 25: HNRG, NEM, and More
ZACKS· 2025-11-25 12:06
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 9.4% over the last 60 days.Wheaton Precious Metals Corp. (WPM) : This company that sells precious metals in North America, Europe, Africa, and South America has seen the Zacks Consensus Estimate for its current year earnings increasing 8.8% over the last 60 days.Hallador Energy Co ...
Countdown to Best Buy (BBY) Q3 Earnings: Wall Street Forecasts for Key Metrics
ZACKS· 2025-11-20 15:16
Wall Street analysts expect Best Buy (BBY) to post quarterly earnings of $1.31 per share in its upcoming report, which indicates a year-over-year increase of 4%. Revenues are expected to be $9.58 billion, up 1.4% from the year-ago quarter.The current level reflects an upward revision of 0.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior to a company's ea ...
Wynn Resorts, Limited Reports Third Quarter 2025 Results
Prnewswire· 2025-11-06 21:01
Core Insights - Wynn Resorts reported strong financial results for Q3 2025, with operating revenues of $1.83 billion, an increase of $140.4 million from Q3 2024 [2][4] - The company achieved a net income of $88.3 million in Q3 2025, a significant turnaround from a net loss of $32.1 million in Q3 2024 [5][29] - Adjusted Property EBITDAR rose to $570.1 million, up $42.4 million from the previous year, indicating robust operational performance [6][29] Consolidated Results - Operating revenues increased across various segments: Wynn Palace ($635.5 million, +$115.7 million), Las Vegas Operations ($621.0 million, +$13.8 million), and Wynn Macau ($365.5 million, +$13.6 million) [4][10] - Encore Boston Harbor saw a slight decline in operating revenues to $211.8 million, down $2.4 million from the previous year [11] Property Results - Wynn Palace's Adjusted Property EBITDAR was $200.3 million, an increase from $162.3 million in Q3 2024, despite a decrease in mass market table games win percentage [8] - Wynn Macau's operating revenues rose to $365.5 million, with an Adjusted Property EBITDAR of $108.0 million, reflecting a year-over-year increase [9] - Las Vegas Operations reported operating revenues of $621.0 million, with a stable Adjusted Property EBITDAR of $203.4 million [10] Dividend Announcement - The Board of Directors declared a cash dividend of $0.25 per share, payable on November 26, 2025, to stockholders of record as of November 17, 2025 [7] Development Projects - The company invested $93.9 million in the Wynn Al Marjan Island project, with total contributions reaching $835.0 million, and the project is expected to open in 2027 [12] Balance Sheet Highlights - As of September 30, 2025, cash and cash equivalents totaled $1.49 billion, with significant available borrowing capacity under various credit facilities [13][14] - Total current and long-term debt stood at $10.57 billion, with a breakdown of $5.81 billion related to Macau [15] Recent Debt Financing Activities - In August 2025, Wynn Macau Limited issued $1.0 billion in Senior Notes due 2034 and used the proceeds to redeem existing notes due 2026 [16] - The company increased its borrowing capacity under the WM Cayman II Revolver by $1.0 billion, bringing the total to $2.5 billion [17]
CLASS ACTION REMINDER: Berger Montague Advises Sina Corporation Investors to Inquire About a Securities Fraud Lawsuit by November 18, 2025
Prnewswire· 2025-10-30 19:30
Core Viewpoint - A class action lawsuit has been filed against Sina Corporation, alleging that the company engaged in a scheme to depress the value of its shares during its go-private merger, resulting in shareholders receiving an unfair price for their shares [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who sold Sina shares between October 13, 2020, and March 22, 2021, and claims that important facts were omitted from the proxy materials that shareholders relied on for voting decisions [1][2]. - The complaint specifically alleges that the true value of Sina's investment in TuSimple, a U.S.-based autonomous trucking company, was concealed, leading to a cash offer that significantly undervalued shareholders' shares [4][3]. - Internal documents revealed during a related shareholder appraisal proceeding indicated that senior executives intentionally hid the investment's value, misleading shareholders and resulting in them receiving less than fair value for their shares [5][3]. Group 2: Investor Information - Investors who sold SINA securities during the class period have until November 18, 2025, to seek appointment as a lead plaintiff representative of the class [2].
Hasbro (HAS) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2025-10-23 14:31
Core Insights - Hasbro reported $1.39 billion in revenue for Q3 2025, an 8.3% year-over-year increase, with an EPS of $1.68 compared to $1.73 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $1.35 billion by 3.16%, while the EPS also surpassed the consensus estimate of $1.66 by 1.2% [1] Revenue Breakdown - External Net Revenues from Entertainment reached $18.6 million, exceeding the average estimate of $16.91 million, marking an 8.1% year-over-year increase [4] - External Net Revenues from Consumer Products were $796.9 million, below the average estimate of $815.77 million, reflecting a 7.4% year-over-year decline [4] - External Net Revenues from Wizards of the Coast and Digital Gaming totaled $572 million, surpassing the estimated $512.39 million, with a significant year-over-year increase of 41.6% [4] - Within Wizards of the Coast and Digital Gaming, Tabletop Gaming revenues were $441.8 million, exceeding the average estimate of $387.74 million, representing a 48.9% year-over-year increase [4] - Digital and Licensed Gaming revenues reached $130.2 million, slightly above the average estimate of $126.78 million, with a year-over-year change of 21.5% [4] Operating Profit Analysis - Operating profit for Wizards of the Coast and Digital Gaming was $251.5 million, compared to the average estimate of $204.98 million [4] - Operating profit for Consumer Products was $80.1 million, below the average estimate of $107.28 million [4] Stock Performance - Hasbro's shares returned -0.1% over the past month, while the Zacks S&P 500 composite increased by 0.2% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]
Berger Montague PC Investigates Securities Claims Against Sina Corporation (OTHER: SINA)
Globenewswire· 2025-10-02 13:57
Core Viewpoint - A class action lawsuit has been filed against Sina Corporation, alleging that the company engaged in a scheme to depress the value of its shares during a go-private transaction, resulting in shareholders receiving an unfair price for their shares [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who sold Sina shares between October 13, 2020, and March 22, 2021, including those who sold during the go-private merger [1][2]. - The complaint claims that important facts were omitted from the proxy materials that shareholders relied on for voting decisions [3]. - It is alleged that the true value of Sina's investment in TuSimple, a U.S.-based autonomous trucking company, was concealed, leading to a cash offer that significantly undervalued shareholders' shares [4]. Group 2: Internal Evidence - Discovery in a related shareholder appraisal proceeding revealed internal documents indicating that senior executives deliberately hid the value of the investment, misleading shareholders [5]. Group 3: Investor Information - Investors who sold SINA securities during the class period have until November 18, 2025, to seek appointment as lead plaintiff representatives [2]. - For more information regarding the lawsuit, investors can contact Berger Montague [6][8]. Group 4: About the Law Firm - Berger Montague has been a pioneer in securities class action litigation since 1970 and has represented individual and institutional investors for over five decades [7].
Dave & Buster's Q2 Earnings & Revenues Miss Estimates, Stock Down
ZACKS· 2025-09-16 17:25
Core Insights - Dave & Buster's Entertainment, Inc. reported lower-than-expected second-quarter fiscal 2025 results, with earnings and revenues missing the Zacks Consensus Estimate, leading to a 16.6% drop in shares during after-hours trading [1][4][9] Financial Performance - Adjusted earnings per share (EPS) for the fiscal second quarter were 40 cents, missing the consensus estimate of 88 cents and down from $1.12 in the prior year [4][9] - Quarterly revenues totaled $557.4 million, slightly up 0.5% year-over-year but below the consensus mark of $562 million [4][9] - Operating income was $53 million, down from $84.5 million in the year-ago quarter, with adjusted EBITDA at $129.8 million compared to $151.6 million previously [7][9] Revenue Breakdown - Food and Beverage revenues, accounting for 34.6% of total revenues, increased 6.3% year-over-year to $192.9 million, exceeding estimates [5] - Entertainment revenues, making up 65.4% of total revenues, fell 3% year-over-year to $364.5 million, missing estimates [5] Comparable Store Sales - Comparable store sales, including Main Event-branded locations, declined 3% year-over-year, with sales trends in the third quarter following the same direction as the second quarter [6] Management Outlook - Management expressed confidence in the company's long-term potential despite the fiscal second-quarter results, highlighting profitable business models and expected high returns from new store openings [2][3] - Targeted initiatives such as menu innovation, new arcade titles, and remodel programs are showing early progress, with management cautiously optimistic about stabilizing performance and driving long-term shareholder value [3] Store Development - During the fiscal second quarter, the company opened three new domestic stores and one additional store post-quarter, along with two Main Event stores [10] - The company launched its second franchise store in India and plans to open at least five more international franchise stores within the next six months [11] Balance Sheet - As of August 5, 2025, cash and cash equivalents were $12 million, up from $6.9 million in February 2025, while net long-term debt increased to approximately $1.55 billion [8]
Dave & Buster's (PLAY) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2025-09-15 22:31
Core Insights - Dave & Buster's reported revenue of $557.4 million for the quarter ended July 2025, reflecting a slight increase of 0.1% year-over-year, but fell short of the Zacks Consensus Estimate by -0.81% [1] - The company's EPS was $0.40, significantly down from $1.12 in the same quarter last year, resulting in an EPS surprise of -54.55% compared to the consensus estimate of $0.88 [1] Financial Performance Metrics - Comparable Store Sales decreased by 3%, which was worse than the six-analyst average estimate of -2.6% [4] - The total number of stores at the end of the period remained at 237, aligning with the average estimate [4] - Company-owned stores for Dave & Buster's totaled 177, slightly above the four-analyst average estimate of 176 [4] - Entertainment revenues were reported at $364.5 million, below the six-analyst average estimate of $376.8 million, marking a year-over-year decline of 3% [4] - Food and beverage revenues increased to $192.9 million, surpassing the average estimate of $185.1 million, representing a year-over-year growth of 6.3% [4] Stock Performance - Over the past month, shares of Dave & Buster's have returned -7.6%, contrasting with the Zacks S&P 500 composite's increase of +2.3% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]
Countdown to Dave & Buster's (PLAY) Q2 Earnings: Wall Street Forecasts for Key Metrics
ZACKS· 2025-09-10 14:15
Core Insights - The upcoming earnings report for Dave & Buster's (PLAY) is anticipated to show quarterly earnings of $0.88 per share, reflecting a decline of 21.4% year-over-year, while revenues are forecasted to be $561.95 million, indicating a slight increase of 0.9% compared to the previous year [1] - Over the last 30 days, the consensus EPS estimate has been revised downward by 4.6%, highlighting a collective reassessment by analysts [1][2] Revenue Estimates - Analysts project 'Entertainment revenues' to reach $376.80 million, representing a year-over-year change of +0.3% [4] - The consensus estimate for 'Food and beverage revenues' is $185.10 million, indicating a +2% change from the same quarter last year [4] Store Count and Market Performance - The estimated 'Stores Count - End of Period' is expected to be 237, up from 224 in the previous year [4] - Dave & Buster's shares have decreased by 13.9% over the past month, contrasting with the Zacks S&P 500 composite's increase of 1.9% [4]
Walmart to open stores in South Africa in late 2025
Yahoo Finance· 2025-09-10 09:30
Group 1 - Walmart plans to launch its first branded stores in South Africa in Q4 2025, focusing on affordable groceries, entertainment, and home essentials [1] - The development of these stores is currently underway, with official opening dates expected to be announced in October [1] - This initiative is part of Walmart's strategy to provide high-quality, affordable merchandise to a broader customer base [1] Group 2 - The announcement follows Walmart's first Growth Summit in April 2025, which involved suppliers from 12 African countries and led to the recruitment of small and medium-sized suppliers [2] - Walmart's South African stores will offer a wide range of products, including fresh groceries, household essentials, apparel, and technology [2] Group 3 - Walmart will feature locally sourced products by partnering with South African suppliers and entrepreneurs, aiming to maintain everyday low prices while celebrating local culture [3] - Further details about store locations, hiring, and community initiatives will be announced in the coming months [3] Group 4 - This strategic move positions Walmart in direct competition with established local retailers such as Woolworths, Shoprite, and Pick n Pay [4] Group 5 - Massmart's president and CEO expressed excitement about introducing the Walmart brand to South African communities, emphasizing the importance of building lasting relationships [5] - The focus will be on delivering a delightful shopping experience that reflects the needs and aspirations of South Africans [5] Group 6 - Massmart operates the Makro and Game retail chains, which offer merchandise similar to Walmart, and also owns Builders Warehouse, specializing in building materials [6]