智通财经编辑 | 楼婍沁 阿迪达斯、索康尼、彪马......夏日上演的2026春夏巴黎男装周，继续有大量运动品牌赴约。 阿迪达斯与设计师Willy Chavarria的联名系列在2025年7月1日的巴黎时装周秀场上首次亮相，展示了 Megaride AG和Megaride AG XL两款创新鞋款；ECCO与White Mountaineering的联名胶囊系列同时期亮 相巴黎，主打户外与运动服饰的未来风格设计。 运动品牌们今年格外青睐线下展览装置的打造，尤其是快闪体验空间。亚瑟士限时快闪活动的聚光灯打 在GEL系列上，今年夏天的主角是GEL-KINETIC FLUENT潮流跑鞋。Saucony（索康尼）巴黎时装周快 闪活动以"CODED TOGETHER"为主题，纳入了其高端SILO系列的新款首秀。 国产运动品牌特步干脆跳出了固定的空间展示，时装周期间不在凡尔赛宫办秀，而是赞助历史悠久的法 国本土民间赛事"凡尔赛跑"。特步向智通财经介绍，作为赞助商，特步向海外跑者提供了上脚特步 360X 2.0加速度配色跑鞋的体验机会。今年讨论度最高的科技企业之一宇树科技，则让旗下的人形机器 人穿着特步跑鞋在赛事中亮相，给此 ...

Financial Data and Key Metrics Changes - The company achieved record fiscal year revenue of $821 million, which is 14% higher than the prior year period, and record fourth quarter revenues of $275 million, which is 40% higher than the prior year period [7][38] - The total bookings for fiscal year 2025 reached $1.2 billion, indicating robust demand for the company's solutions [7][39] - The funded backlog at the end of fiscal year 2025 was $726 million, which is 82% higher than the prior fiscal year [7][39] - Adjusted EBITDA for Q4 was $61.6 million, up from $22.2 million in the previous year, driven by higher revenue and gross margins [24] - Full year adjusted EBITDA was $146.4 million, representing 17.8% of revenue, a 15% increase over FY 2024 [24] Business Segment Data and Key Metrics Changes - The Loitering Munition Systems (LMS) segment saw revenues for Q4 rise 87% to $138 million, with full fiscal year revenues of $352 million, an 83% increase [11] - The Uncrewed Systems (UXS) segment posted Q4 revenues of $113 million, a nearly 9% increase year-over-year, while full year revenues were slightly lower at $382 million [12] - The McCready Works segment reported Q4 revenues of $24 million, a 24% increase, with full year revenues of $87 million, which was 14% higher than the prior year [16] Market Data and Key Metrics Changes - 52% of the company's revenues were from international customers, with over 24% coming from non-Ukraine European customers [23] - The company received orders from eight countries for Switchblade products worth nearly $250 million in FY 2025 [23] Company Strategy and Development Direction - The company closed the acquisition of BlueHalo, enhancing its position as a defense tech leader with a comprehensive portfolio across air, land, sea, space, and cyber [7][39] - Starting in fiscal year 2026, the company will operate under two distinct business segments: Autonomous Systems and Space, Cyber, and Directed Energy [18][32] - The company plans to continue investing in R&D, having invested nearly $2 billion over the past decade to develop disruptive solutions [8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's position to meet rising demands from the U.S. Department of Defense and its allies, particularly in loitering munitions and autonomous systems [49][90] - The company anticipates strong organic growth in fiscal year 2026 and beyond, with revenue guidance set between $1.9 billion and $2 billion [7][39] Other Important Information - The company expects adjusted gross margins in the range of 29% to 31% for fiscal year 2026 [34] - The company plans to invest in expanding its manufacturing capacity to meet increased demand for its products [12][63] Q&A Session Summary Question: Discussion on Army's transformation initiative and its impact on Switchblade orders - Management highlighted the strong growth in the Switchblade business and expressed optimism about additional opportunities stemming from the Army's modernization efforts [45][49] Question: Inquiry about write-downs in unfunded backlog related to foreign military sales - Management confirmed there were no write-downs related to the LMS business or foreign military sales in the quarter [52][53] Question: Market opportunity for P550 and Red Dragon - Management indicated strong market potential for both products, with expectations for initial orders and significant future revenue generation [61][64] Question: Clarification on revenue guidance and visibility - Management explained that the guidance reflects a range of potential outcomes based on timing of contracts and funding approvals from the U.S. Department of Defense [74][86] Question: Assessment of NATO's potential 5% GDP spending pledge - Management noted that increased international demand for their systems is expected, particularly in Europe, due to ongoing global security challenges [105]

这是新消费智库第 2 6 5 5 期文章 新消费导读 新消费 1. 大窑重磅上新白桦树汁汽水 1. 大窑重磅上新白桦树汁汽水 2. 香飘飘推新会陈皮月光白轻乳茶 3. 伊利味可滋上新瓶装茉莉奶茶 4. 松鲜鲜上新减钠松茸一品鲜 5. 德芙推出限定口味薄荷味夹心黑巧克力 6. DoorDash 斥资 1.75 亿美元收购 Symbios y s 7. 绝味食品设立长沙全资子公司 8. 白象 1000 万上海成立两家电商公司 9. 影石创新登陆科创板 A 股迎来 " 智能影像第一股 " 10. 个护品牌 Plush 完成 470 万美元融资 11. 「耐克」 x 「 乐 高 」 联 名 打 造 乐 高 Ni keDunk 运 动 鞋 积 木套装 12. Puma 推出 HYROX 联名系列第二季 13. 白云山副董事长杨军离任 14. 首家二手多品类循环仓店 " 超级转转 " 正式开业 15. Coupang 集团推动 Farfetch 与 R.Lux 融合 图片来源：腾讯公共图库 大窑饮品官宣重磅上新白桦树汁汽水，净含量为 330ml 。新品将白桦树汁的自然清新与劲爽气泡融合，白桦树汁含量 ≥2.5% ，口感独 ...

文 | 源Sight安然 匡威（Converse）或许也想找回三步上篮的美梦。 近日，在NBA总决赛G2的较量中，雷霆坐镇主场迎战步行者。上一场G1，步行者哈利伯顿（Tyrese Haliburton）依靠最后0.3秒的"哈利魔法"逆转拔得头筹。轮到G2，雷霆队当家球星亚历山大（Shai Gilgeous-Alexander）以123：107轻取对手，将比分扳回1：1平。 随着亚历山大出场，同样引人瞩目的还有匡威为其打造的初代签名鞋Shai 001。亚历山大已经穿着这双 战靴征战了半个赛季，但该鞋迟迟没能来到普通消费者手中。在赛前预热环节，匡威曝光了Shai 001全 新配色"Masi Blue"，新款预计于今年秋季登场，售价130美元一双。 对大众来说，匡威似乎在篮球赛场上销声许久，从上一世纪80年代耐克AJ横空出世后，匡威与篮球的 联系日益疏离。 尽管也有签约韦德（Dwyane Wade）、普里查德（Payton Pritchard）等引起过一定反响，但对品牌在篮 球舞台上的影响力提升始终有限，一提起匡威，人们想到的大多还是潮流属性的帆布鞋。 然而，因缺乏创新、放量失控、折扣泛滥等问题，沉浸街头潮流文化的 ...

Core Business Performance - The company reported core business revenue of $14.4 million for the first quarter of 2025, representing an 8% increase from $13.4 million in the same period last year [9] - Gross margin decreased to 41% from 46% year-over-year, while adjusted gross margin fell to 44% from 50% [9] - The adjusted EBITDA loss improved to $9.0 million from a loss of $13.6 million, marking a 33% year-over-year improvement [9] Financial Overview - The net loss for the first quarter of 2025 was $24.0 million, down from a loss of $35.0 million, indicating a 31% improvement year-over-year [9] - Total cash, cash equivalents, deposits, and investable securities amounted to $840 million as of March 31, 2025, down from $907 million year-over-year [9] - Research and development expenses decreased to $5.0 million from $9.1 million, while sales and marketing expenses fell to $5.5 million from $6.5 million [9][10] Strategic Initiatives - The company is targeting over $20 million in annualized operating cost savings starting from Q4 2025 through various measures, including discontinuation of underperforming product lines and targeted headcount reductions [5][10] - Following the acquisition of Markforged in April 2025, the company is focused on achieving operational synergies and aligning financial and operational standards [6] - The company launched new products, including FOX Ultra and PUMA Ultra, as part of its innovation strategy [10] Recent Developments - The company is undergoing a strategic assessment of Desktop Metal to address its liabilities and liquidity issues [10] - The board of directors has been strengthened with the addition of technology and growth experts to enhance corporate governance [10] - A conference call is scheduled to discuss financial results and strategic outlook, indicating ongoing communication with shareholders [12]

Group 1 - AeroVironment has evolved from being a manufacturer of backpack Pumas to a leading supplier of battlefield autonomy solutions [1] - The company is positioned favorably as Washington and its allies are accelerating the deployment of autonomous warfare systems [1] Group 2 - The article highlights the author's expertise in AI and machine learning, indicating a growing trend in the integration of these technologies within the defense sector [1] - The author is pursuing advanced AWS machine learning certifications, reflecting the increasing importance of AI in various industries, including defense [1]

Ford (F) Conference June 11, 2025 08:00 AM ET Speaker0 Welcome to the DB Global Auto Conference. My name is Edison Yu. I lead The US autos research here. We're gonna kick things off with a bang this morning with Ford. Very pleased to be joined by Andrew and Naveen. Thank you. Speaker1 Good morning, Trevor. Good morning, everyone. How are doing, Edison? Speaker0 Excellent. Andrew is the president of Affordable and also for Male. Naveen is the CFO of Ford Pro. Between the two of you, I'm sure we can cover man ...

An updated edition of the April 28, 2025 article.Drone technology has rapidly progressed into a transformative tool across a wide range of commercial and industrial sectors. Drones or unmanned aerial vehicles (UAVs) are reshaping the way businesses collect data, conduct surveillance, and carry out deliveries in various industries like agriculture, construction and mining.Retail giants like Walmart and Amazon (AMZN) are pushing the boundaries of drone deployment in logistics. Amazon uses drone delivery to de ...

【文/观察者网 刘程辉】 为应对中国车企的强势竞争，欧洲老牌车企开始有样学样了。 "比亚迪与中国同行如何重塑欧洲小型电动车市场"，香港英文媒体《南华早报》6月9日以此为题报道指 出，随着比亚迪等中国电动汽车制造商发力欧洲小型车市场，大众、雷诺等欧洲老牌车企也准备推出一 系列低成本小型车以加强竞争力。业内人士表示，欧洲一直难以推出具有竞争力的小型车，采用在中国 已非常流行的磷酸铁锂电池技术，将有助于车企降低成本。 报道注意到，去年超越特斯拉成为全球最大电动车制造商的中国车企比亚迪，上个月在欧洲推出了紧凑 型掀背车"海鸥"（Dolphin Surf），起售价为22990 欧元（约18.85万元人民币），续航322公里；高配版 24990欧元（约20.49万元人民币），续航507公里。本月的促销活动将起售价降至 19990 欧元（约16.39 万元人民币）。 比亚迪欧洲地区董事总经理玛丽亚·格拉齐亚·达维诺（Maria Grazia DaVino）在柏林的发布会上表示， 紧凑型细分市场是"欧洲电动化的下一个前沿阵地"，蕴藏着巨大潜力。 汽车研究机构Jato Dynamics高级分析师费利佩·穆尼奥斯（Felipe ...

Summary of Ford Motor Company Conference Call Company Overview - **Company**: Ford Motor Company (Ticker: F) - **Date of Conference**: June 04, 2025 Key Points Industry and Market Dynamics - The automotive industry is experiencing volatility, with significant changes in tariffs and supply chain dynamics impacting costs and operations [21][22][29] - Ford's strategy includes a mix of hybrid, electric, and internal combustion engine (ICE) vehicles, providing customer choice and flexibility [5][6] Financial Impact of Tariffs - Ford reported a gross impact of $2.5 billion due to tariffs, with a net impact of $1.5 billion, split between materials (steel and aluminum) and vehicle tariffs [21][24] - The company is studying the effects of recent changes in China policy and steel/aluminum tariffs, with more details expected in Q2 earnings [25][28] Supply Chain Challenges - Rare earth minerals are critical for production, with export controls from China causing delays and potential backlogs [31][32] - Ford is managing supply chain issues by exploring alternative parts and expediting shipments when necessary [33] Sales Performance - Ford experienced a 16% year-over-year sales increase in May, with a year-to-date increase of over 6% [47] - The "From America For America" program has positively impacted dealer and customer engagement [46] Cost Management and Competitive Position - Ford is focused on closing a $7 billion cost gap with competitors, emphasizing warranty and material costs as key areas for improvement [49][52] - The company has seen three consecutive quarters of year-over-year cost improvement due to focused efforts on cost reduction [56] Investment Strategy - Ford is adapting its capital expenditures based on market signals, with a focus on electrification while remaining flexible to consumer demand [60][64] - The company has established an internal capital committee to evaluate investment returns across different segments [65] Future Outlook - Ford anticipates continued growth in hybrid sales, with a 25% year-over-year increase [66] - The company is committed to developing new models and technologies, with significant investments planned for the advanced EV development center starting in 2027 [80][81] Partnerships and Collaborations - Ford is open to partnerships with competitors to enhance efficiency and share resources, particularly in non-core areas [74][75] - The company has existing partnerships with Volkswagen and others, indicating a strategic approach to collaboration in the evolving automotive landscape [75] Regulatory Environment - Ford's diverse powertrain strategy allows for flexibility in response to regulatory changes, potentially providing a competitive advantage [83][84] Additional Insights - The cultural shift within Ford includes bringing in specialists for key roles and fostering cross-functional collaboration to enhance decision-making speed [17][19] - The company is focused on transforming its operational processes to achieve higher efficiency and impact, moving beyond incremental improvements [14][15]