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Can Colgate's Pricing Strength Keep Earnings Buoyant in 2025?
ZACKS· 2025-07-10 15:25
Key Takeaways CL leverages competitive and value-based pricing to address diverse consumer needs and drive growth. Pricing actions and productivity efforts boosted Q1 margins and lifted adjusted EPS by 6% year over year. CL expects pricing gains with flat gross margin and low single-digit EPS growth for 2025.Colgate-Palmolive Company (CL) is effectively leveraging its pricing power to support growth and mitigate external cost pressures. The company has a multifaceted pricing approach, including competitiv ...
Whirlpool Brand and Premier Lacrosse League Announce Chicago River Stunt in Celebration of the League's Highly-Anticipated Return
Prnewswire· 2025-07-10 13:02
The event will kick off a two-day game series at Northwestern Medicine Field's Martin Stadium CHICAGO, July 10, 2025 /PRNewswire/ -- Whirlpool brand, a proud sponsor of the Premier Lacrosse League (PLL), is transforming the Chicago River into a floating arena to welcome PLL back to the city for the first time since 2019. The Chicago Weekend two-day series will feature four games on July 11-12 at Northwestern Medicine Field.Lacrosse fans are encouraged to celebrate the league's return in the first-ever profe ...
How Did International Comps Boost Costco's Q3 Growth Story?
ZACKS· 2025-06-30 14:36
Core Insights - Costco Wholesale Corporation's third-quarter fiscal 2025 results highlight the significant contribution of international operations to overall comparable sales performance, with adjusted total company comparable sales increasing by 8% [1][8] - The "Other International" segment achieved an impressive 8.5% adjusted comparable sales increase, outperforming both the United States (up 7.9%) and Canada (up 7.8%) [1][4] Sales Performance - Traffic in international warehouses rose by 4.8%, closely aligning with the company-wide average of 5.2%, indicating strong engagement in newer markets [2] - The adjusted average ticket internationally increased by 3.6%, reflecting the growing strength of Costco's presence outside the domestic market [2] Strategic Initiatives - Management noted that a shift towards localized sourcing has aided in margin preservation and pricing flexibility in international markets, exemplified by a 40% price reduction for Kirkland Signature laundry products sourced within Asia [3] - The strategy of rerouting tariff-sensitive goods to non-U.S. regions has optimized inventory deployment and improved margin outcomes [3] International Market Impact - International markets played a crucial role in Costco's third-quarter performance, showcasing the effectiveness of a globally coordinated yet locally tailored business model [4] - Adjusted comparable sales for Other International regions remained robust in May, with an increase of 8.4% [4] Competitive Landscape - Dollar General Corporation reported a 2.4% increase in first-quarter fiscal 2025 same-store sales, while Target Corporation experienced a 3.8% decline in comparable sales [5][6] - Costco's stock performance has been strong, with shares rising 16.5% over the past year, outperforming the industry growth of 7.2% [7] Valuation Metrics - Costco's forward 12-month price-to-earnings ratio is 50.34, significantly higher than the industry average of 32.3, indicating a relatively high valuation [9] - The Zacks Consensus Estimate projects year-over-year growth of 8.1% in sales and 12% in earnings per share for the current financial year [10]
Can Healthcare Services (HCSG) Run Higher on Rising Earnings Estimates?
ZACKS· 2025-05-21 17:21
Core Viewpoint - Healthcare Services (HCSG) shows a significant improvement in earnings outlook, making it an attractive investment option as analysts continue to raise earnings estimates for the company [1][2]. Earnings Estimates - Analysts' optimism regarding the earnings prospects of Healthcare Services is driving higher estimates, which is expected to positively impact the stock price [2]. - The current-quarter earnings estimate is projected at $0.20 per share, reflecting a year-over-year change of 0%, with a 5.26% increase in the Zacks Consensus Estimate over the last 30 days [5]. - For the full year, the earnings estimate is expected to be $0.84 per share, representing a year-over-year increase of +58.49%, with one estimate raised and no negative revisions in the past month [6]. Zacks Rank - Healthcare Services has achieved a Zacks Rank 1 (Strong Buy) due to favorable estimate revisions, indicating strong agreement among analysts in raising earnings estimates [3][7]. - Stocks with Zacks Rank 1 and 2 have historically outperformed the S&P 500, suggesting a positive outlook for Healthcare Services [7]. Stock Performance - Shares of Healthcare Services have increased by 57.1% over the past four weeks, indicating strong investor confidence in the company's earnings growth prospects [8].
Healthcare Services (HCSG) is a Great Momentum Stock: Should You Buy?
ZACKS· 2025-05-21 17:06
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Healthcare Services (HCSG) - HCSG currently holds a Momentum Style Score of B, indicating a positive momentum outlook [2] - The company has a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market [3] Performance Metrics - Over the past week, HCSG shares increased by 3.71%, outperforming the Zacks Business - Services industry, which rose by 2.34% [5] - In a longer timeframe, HCSG's monthly price change is 57.07%, significantly higher than the industry's 6.55% [5] - Over the past quarter, HCSG shares rose by 41.71%, while the S&P 500 saw a decline of 2.63% [6] - Year-to-date, HCSG shares are up 29.53%, compared to the S&P 500's increase of 13.25% [6] Trading Volume - HCSG's average 20-day trading volume is 938,258 shares, indicating a bullish sign as the stock is rising with above-average volume [7] Earnings Outlook - In the past two months, one earnings estimate for HCSG has increased, raising the consensus estimate from $0.80 to $0.84 [9] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions noted [9] Conclusion - Given the strong performance metrics and positive earnings outlook, HCSG is positioned as a 1 (Strong Buy) stock with a Momentum Score of B, making it a compelling investment opportunity [11]
EVI Industries' Q3 Earnings Rise Year Over Year, Stock Up 11%
ZACKS· 2025-05-15 19:06
Shares of EVI Industries, Inc. (EVI) have gained 11.2% since the company reported its earnings for the quarter ended March 31, 2025, outpacing the S&P 500’s 4% rise during the same period. However, over the past month, EVI stock trailed the broader market, climbing 8.8% compared with the S&P 500’s 11.2% gain, reflecting some divergence in short-term sentiment despite solid quarterly results.For the fiscal third quarter ended March 31, 2025, EVI reported earnings per share of 7 cents, up from 6 cents in the ...
K-Bro Announces Transformative Acquisition of U.K.-Based Star Mayan for £107 Million (C$199 Million) and Concurrent C$70 Million Subscription Receipt Offering
Globenewswire· 2025-05-13 20:43
Core Points - K-Bro Linen Inc. has signed a share purchase agreement to acquire STAR Mayan Limited for £107.2 million (approximately C$199.1 million), enhancing its presence in the U.K. commercial laundry market [1][3][4] - The acquisition will create a top three national platform in the U.K. commercial laundry and textile rental market, which is valued at £1.6 billion [5][7] - The deal is expected to close in early June 2025, subject to limited closing conditions [9] Company Overview - K-Bro is the largest owner and operator of laundry and linen processing facilities in Canada, providing services to healthcare institutions, hotels, and other commercial accounts [25] - The company operates eleven processing facilities across eight Canadian cities [25] - K-Bro entered the U.K. market in 2017 through the acquisition of Fishers, aiming to build a national platform for growth [4] Acquisition Details - STAR Mayan owns three operating businesses: Synergy Health Managed Services Limited, Grosvenor Contracts (London) Limited, and Aeroserve Linen Services [2][28] - The acquisition will enhance K-Bro's revenue diversification, with over two-thirds of Star Mayan's revenue focused on healthcare [7][8] - K-Bro's pro forma U.K. healthcare revenue is expected to increase to 43% from 6%, and consolidated pro forma revenue from the U.K. will rise to 51% from 30% [7] Financial Aspects - The acquisition is expected to generate anticipated run-rate synergies of £2.0 million, with cost synergies expected within 6-12 months and operational efficiencies within 24 months [13] - The purchase price represents 7.6 times trailing twelve-month (TTM) Adjusted EBITDA, including anticipated synergies [13] - K-Bro plans to finance the acquisition through a bought deal offering of subscription receipts, raising gross proceeds of C$70.1 million [10][14] Market Position - The acquisition will establish a coast-to-coast geographic footprint in both Canada and the U.K., enhancing K-Bro's market share to approximately 10% in the U.K. [7][5] - K-Bro will have a leading coast-to-coast platform in both Canada and the U.K. following the acquisition [7]
Target Hospitality to Participate in Oppenheimer 20th Annual Industrial Growth Conference
Prnewswire· 2025-05-06 10:45
THE WOODLANDS, Texas, May 6, 2025 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced that it will attend and present at the Oppenheimer 20th Annual Industrial Growth Conference on Wednesday, May 7, 2025.Presentation DetailsOppenheimer 20th Annual Industrial Growth ConferenceDate: Wednesday, May 7, 2025Time: ...
Even This Elite Dividend King Stock Is Feeling the Effects of Tariff Turmoil. Is It a Buy Anyway?
The Motley Fool· 2025-04-29 11:05
Core Insights - Procter & Gamble (P&G) has a strong reputation for consistent results and dividend growth, having raised its dividend for 69 consecutive years, placing it among the elite "Dividend Kings" [1] - Following the release of its third-quarter fiscal 2025 earnings report, P&G's stock fell by 3.7%, prompting a review of whether this decline is justified or presents a buying opportunity [2] Financial Performance - P&G's second-quarter fiscal 2025 guidance included expectations for full-year sales growth of 2% to 4%, diluted EPS growth of 10% to 12%, core EPS growth of 5% to 7%, $10 billion in dividend payments, and $6 billion to $7 billion in stock buybacks [4] - The latest quarterly results showed a 1% decline in volumes, a 1% increase in price, and a 2% overall decline in net sales, leading to a downward revision in EPS guidance to 6% to 8% for diluted EPS and 2% to 4% for core EPS [5] Consumer Demand and Market Conditions - Consumer demand is under pressure due to various economic factors, including market volatility, job market uncertainty, and rising mortgage rates, leading to decreased retail traffic [7] - P&G's management noted a decline in value consumption in both the U.S. and Europe, with tariffs expected to impact the business by $1 billion to $1.5 billion annually, approximately 3% of the cost of goods sold [8] Competitive Positioning - P&G is better positioned than its competitors to handle tariff pressures due to superior operating margins and a diverse brand portfolio, which helps retain customers even during spending pullbacks [10] - The company continues to innovate with new products across its brands, such as the launch of OxyBoost Power Pods and Gain Odor Defense, allowing it to maintain customer loyalty [11][12] Dividend and Capital Return - Despite the challenges, P&G's dividend remains secure, with a yield of 2.6% and plans to return $6 billion to $7 billion to shareholders in fiscal 2025, reflecting the strength of its capital return program [14] - The stock is currently trading just 3.3% above its 52-week low, resulting in a price-to-earnings (P/E) ratio of 25.6, which is close to its 10-year median P/E of 25.7, presenting a potentially better value for investors [15] Long-term Outlook - While P&G's stock may face near-term pressure due to tariff uncertainties, the long-term investment thesis remains intact, making it a solid option for risk-averse investors seeking reliable passive income [16][17]
Healthcare Services (HCSG) Beats Q1 Earnings and Revenue Estimates
ZACKS· 2025-04-23 13:15
Core Viewpoint - Healthcare Services (HCSG) reported quarterly earnings of $0.23 per share, exceeding the Zacks Consensus Estimate of $0.18 per share, and showing an increase from $0.22 per share a year ago [1][2] Financial Performance - The company achieved revenues of $447.66 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.85% and increasing from $423.43 million year-over-year [3] - HCSG has surpassed consensus EPS estimates three times in the last four quarters [2][3] Stock Performance - The stock has underperformed, losing about 19% since the beginning of the year, compared to the S&P 500's decline of 10.1% [4] - The sustainability of the stock's price movement will depend on management's commentary during the earnings call [4] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.19 on revenues of $446.6 million, and for the current fiscal year, it is $0.80 on revenues of $1.79 billion [8] - The estimate revisions trend for HCSG is currently favorable, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [7] Industry Context - The Business - Services industry, to which HCSG belongs, is currently in the top 32% of over 250 Zacks industries, suggesting a favorable outlook for stocks within this sector [9]