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Will Cracker Barrel's Tariff Mitigation Plan Protect Margins Ahead?
ZACKS· 2025-07-11 12:50
Core Insights - Tariffs are posing a significant challenge for Cracker Barrel Old Country Store, Inc. (CBRL), potentially impacting margins during a critical transformation phase [1][2] - Approximately one-third of retail products are sourced from Chinese vendors, leading to both direct and indirect exposure to new tariff regulations [1][2] - Management estimates a $5 million impact on adjusted EBITDA for the fiscal fourth quarter due to these tariffs [2][10] Company Strategy - To mitigate the effects of tariffs, Cracker Barrel has implemented a three-pronged strategy: aggressive vendor negotiations, alternative sourcing from non-China regions, and selective price increases [3][10] - The company is also updating its retail strategy, which includes SKU rationalization, fewer seasonal themes, and a more focused promotional calendar [3][10] Market Context - Other companies in the restaurant sector, such as Sweetgreen, Inc. and Starbucks Corporation, are also facing tariff-related challenges and are employing tailored mitigation strategies [5][6][7] - Sweetgreen has noted a 75-basis point headwind from tariffs and is transitioning to alternative suppliers, while Starbucks is localizing production to reduce exposure [6][7] Financial Performance - Cracker Barrel's shares have increased by 54.9% over the past three months, significantly outperforming the industry average of 3.4% [8] - The company trades at a forward price-to-sales ratio of 0.43, which is considerably lower than the industry average of 4.11 [11] - The Zacks Consensus Estimate indicates a 9.1% decline in earnings per share (EPS) for fiscal 2025, with a projected increase of 10.2% for fiscal 2026 [13]
MRVL's Modular Packaging Tech: Can it Transform AI Accelerators?
ZACKS· 2025-07-10 17:26
Key Takeaways MRVL is deploying modular RDL interposer tech to build larger, high-efficiency AI accelerator solutions. The design supports HBM3/3E integration, enables die replacement, and enhances power and latency performance. MRVL sees a $94B data center chip market by 2028, with custom compute offerings witnessing a 53% CAGR.Marvell Technology (MRVL) uses advanced CMOS technologies at 5nm and 3nm nodes and is now shifting toward 2nm and below, which include innovations like gate-all-around transistors ...
Sealed Air to Hold Conference Call to Discuss Second Quarter 2025 Results
Prnewswire· 2025-07-08 20:00
CHARLOTTE, N.C., July 8, 2025 /PRNewswire/ -- Sealed Air (NYSE: SEE) announced today that it will release its second quarter 2025 results at approximately 7 a.m. EDT on Tuesday, August 5, 2025, and will host a conference call and webcast at 10 a.m. EDT. The conference will be webcast live. Interested parties can view the events on Sealed Air's Investors homepage at www.sealedair.com/investors. About Sealed AirSealed Air Corporation (NYSE: SEE), is a leading global provider of packaging solutions that integr ...
Huhtamaki publishes 2025 Half-yearly Report on July 24, 2025
Globenewswire· 2025-07-08 06:00
HUHTAMÄKI OYJ PRESS RELEASE 8.7.2025 AT 9:00 EEST Huhtamäki Oyj will publish its 2025 Half-yearly Report on Thursday, July 24, 2025, at approximately 8:30 (EEST). The release and related results presentation material will be available after publishing at www.huhtamaki.com/investors/. Huhtamaki will arrange a combined audiocast and teleconference on the same day at 9:30 EEST. Huhtamaki’s CEO & President Ralf K. Wunderlich and CFO Thomas Geust will present the results, followed by a Q&A session. The event wil ...
Amkor Technology (AMKR) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2025-07-07 23:01
Amkor Technology (AMKR) closed at $21.44 in the latest trading session, marking a -3.55% move from the prior day. This change lagged the S&P 500's daily loss of 0.79%. Meanwhile, the Dow experienced a drop of 0.94%, and the technology-dominated Nasdaq saw a decrease of 0.92%. The chip packaging and test services provider's shares have seen an increase of 15.42% over the last month, surpassing the Computer and Technology sector's gain of 7.88% and the S&P 500's gain of 5.22%.Analysts and investors alike will ...
Amcor Boosts PCR Capabilities With Latest Investment in Kentucky
ZACKS· 2025-07-07 13:50
Core Insights - Amcor Plc (AMCR) is investing in its Nicholasville, KY facility to enhance post-consumer recycled (PCR) packaging production capabilities, addressing diverse customer needs for PCR [1][8] Investment Details - The new system at the facility includes dedicated silos for multiple production lines, allowing precise PCR blending and enabling customers to select PCR content levels up to 100%, showcasing Amcor's manufacturing optimization and commitment to recycled materials [2][8] - Initially aimed at meeting the specific needs of Amcor's spirits customers, the investment will also benefit healthcare, food, and home and personal care segments, aligning with sustainability goals and reinforcing Amcor's commitment to a circular economy [3] Performance Metrics - In fiscal 2024, Amcor's rigid packaging business saw a significant increase of over 50,000 metric tons in PCR polymer purchases compared to the previous year, driven by growing legislation mandating minimum recycled content [4] - For Q3 fiscal 2025, Amcor reported adjusted earnings per share (EPS) of 18 cents, consistent with the Zacks Consensus Estimate and the previous year's figure, while revenues decreased by 2.3% year-over-year to $3.33 billion, missing the consensus estimate of $3.49 billion [5][6] Stock Performance - Over the past year, AMCR shares have increased by 5.1%, outperforming the industry average increase of 2% [7]
4 Stocks to Buy on Steady Rebound in Manufacturing Activity
ZACKS· 2025-07-07 13:16
Key Takeaways New orders for U.S. factory goods surged 8.2% in May, led by a 230.8% jump in commercial plane demand. ATR, ALLE, BWEN, and DXPE show earnings growth and upward estimate revisions over the past 60 days. Manufacturing recovery hopes rise as inflation eases and potential Fed rate cuts boost investor sentiment.The U.S. manufacturing sector is trying to rebound after suffering for over a year. New orders for U.S.-manufactured goods made a solid rebound in May, with the manufacturing sector showi ...
MRVL's Margin Pressure Mounts as AI Revenues Rise: Is it Sustainable?
ZACKS· 2025-07-03 16:31
Key Takeaways MRVL's revenues are rising due to strong demand for custom AI XPUs and high bandwidth memory chips. Higher manufacturing costs in AI silicon are driving a continued decline in MRVL's gross margin. MRVL faces stiff competition from AVGO and AMD in custom silicon solutions and AI accelerators.Marvell Technology’s (MRVL) top line is growing on the back of custom AI silicon chips that are experiencing massive traction among hyperscalers. However, Marvell Technology’s gross margin has been moving ...