There's no such thing as a "sure thing" in the stock market. But when investors need to protect their portfolios against the winds of uncertainty, they frequently flock to the relative safety of consumer staples stocks.Small wonder.The consumer staples sector is made up of companies that produce or sell the basic goods people need day in and day out.Subscribe to Kiplinger’s Personal FinanceBe a smarter, better informed investor.Save up to 74%Sign up for Kiplinger’s Free E-NewslettersProfit and prosper with ...

6月30日，滔搏体育不久前签下的SOAR Running品牌官方旗舰店正式上线。 此外，观察者网注意到门店跑步短裤的价格带在949-1999元，相较于SOAR在欧洲官网的售价（140-295欧元，约合人民币1142-2406元）稍低，但定价仍旧 是昂跑短裤的一倍。 滔搏体育曾表示，SOAR在线下不排除会以集合店的形式出现。这或许意味着滔搏体育在将SOAR纳入麾下时就已经下定主意：SOAR将更多以线上渠道深 耕中国市场。 但滔搏体育对SOAR的运营铺陈速度很快。自5月13日滔搏体育拿下SOAR在中国区的独家运营权，不过一个半月的时间，SOAR的网店就已经开门营业。 （文/霍东阳 编辑/张广凯） 截至7月3日中午，SOAR Running天猫旗舰店共有621个粉丝，门店销量最高的为一款竞速系列男子专业马拉松跑步服轻量透气运动背心，售价在899-949元 之间，有17人历史交易记录。 曾有消费者在小红书发布了SOAR背心的测评，称其弹性大、薄、轻且贴身，"背心材料、设计和传达都不错，但表示耐用性不佳。" 而对以设计见长的SOAR来说，它面对的最大问题还是品牌护城河不够高。在有消费者晒出的SOAR购买记录下，有很多网 ...

港股公司报告 | 公司点评 滔搏（06110） 证券研究报告 创新驱动运动零售新范式 2025 年，滔搏先后宣布与英国专业跑步装备品牌 soar、挪威高端户外品 牌 Norrøna 签约，成为它们在中国市场的独家运营合作伙伴，负责这两个 品牌在中国市场全链路运营工作。新引入的挪威高端户外品牌 Norrøna， 被视为加强专业运动领域布局的战略举措，有助于提升滔搏在高端户外市 场的影响力。 针对"是否将在运营新品牌过程中利用现有的运动鞋服渠道资源"的问题， 滔搏给出了明确的战略定位：将突破传统渠道扩张的思维模式，在 Norrøna 的运营中实践全域经营+精准触达的新零售理念。 全域一体化经营，创新驱动运动零售新范式 面对消费模式的转变和客流量的波动，滔搏采取更为灵活且均衡的销售渠 道调整策略，进一步扩展零售网络。 1）线下， 滔搏对于门店零售空间重新定义和打造，跨界艺术、人文、音 乐等领域，巧妙地将运动场景元素深度融入门店空间，为消费者打造出沉 浸式的购物环境。 2）线上， 滔搏充分融合线上线下双重资源优势，构建起"门店+直播+ 社群+地域特色 IP"的全域经营生态，持续加码抖音、小红书、B 站等主 流社交媒体 ...

India Equity Strategy Equity Strategy & India Five: Worries about earnings remain, even after the recent rally Sentiment has improved, significantly. Indian markets are well placed amidst global uncertainty and trade tensions. As per our proprietary positioning data, Asia and GEM funds have started to rebuild positions in India (that is, cut their underweights), but global investors are still cautious. A weaker dollar and softer inflation suggest the foreign inflows can persist in coming months. Domestic su ...

Customers can enjoy savings, surprises, and giveaways all month longLAKEWOOD, Colo., June 10, 2025 /PRNewswire/ -- Natural Grocers®, the largest family-operated organic and natural grocery retailer in the U.S., invites customers to kick off summer with savings and seasonal perks designed to celebrate Dad and soak up those early summer vibes all month long. From thoughtful Father's Day finds to exclusive {N}power® offers, sizzling sweepstakes, and ways to give back, Natural Grocers makes it easy to shop with ...

反内卷需要破局典范 从中国汽车工业协会发布的数据来看，部分车企为争夺市场份额，不惜以低于成本的价格倾销商品，导 致行业盈利水平持续下降，严重影响了企业的持续研发投入以及产品质量性能和服务水平的提升。 与此同时，各家车企的财报也揭示了当前汽车行业面临的严峻形势。一些传统车企由于未能及时跟上新 能源汽车发展的步伐，在市场竞争中逐渐处于劣势，销量下滑，利润亏损。而部分新势力车企虽然在初 期凭借创新的产品和营销模式获得了一定的市场份额，但在激烈的竞争环境下，也面临着巨大的生存压 力。 近期，国家发展改革委针对市场中愈演愈烈的 "内卷式" 竞争问题，明确表态将重拳出击，进行整治。 6月5日，商务部发言人何咏前表示，针对当前汽车行业存在的"内卷式"竞争现象，商务部将积极配合相 关部门，加强综合整治与合规引导，维护公平竞争市场秩序，促进行业健康发展。 在汽车行业，"内卷式" 竞争突出表现为无序的价格战，多家车企纷纷卷入其中，大打价格牌。这种恶 性竞争不仅使得车企利润空间被严重压缩，更扰乱了整个市场的公平竞争秩序。 今年1至5月，岚图汽车累计销量达46075辆，同比增长85%，5月单月销量更是达到10022辆，同比增长 12 ...

The Beauty Retailer Sharpens Focus on Nail Innovation, Accessibility, and Self-Expression to Attract and Retain the Next Generation of Beauty ShoppersDENTON, Texas, May 29, 2025 /PRNewswire/ -- Sally Beauty, the leading destination for professional-quality nail products, is expanding its assortment just in time for National Nail Week (June 1–6). With a curated selection that is growing to over 1,400 nail products—including classic polish, long-lasting gel, dip powders, press-ons, and more—Sally Beauty is in ...

May 29, 2025 Q1 2025 EARNINGS & 2025 GUIDANCE 1 Q1 EARNINGS CALL PARTICIPANTS DANIEL HEAF Chief Executive Officer FORWARD-LOOKING STATEMENTS Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 We caution that any forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995) contained in this report or made by our Company or our management involve risks and uncertainties and are subject to change based on various factors, many of whi ...

Core Insights - Bath & Body Works, Inc. reported a strong start to 2025 with net sales of $1,424 million, reflecting a 2.9% increase compared to $1,384 million in the same quarter of 2024 [4][9] - The company appointed Daniel Heaf as CEO, effective May 16, 2025, aiming to leverage his leadership to accelerate growth [3][4] - The company maintains its full-year 2025 net sales guidance of 1% to 3% growth and earnings per diluted share guidance of $3.25 to $3.60 [6][9] Financial Performance - First quarter earnings per diluted share increased by 29% to $0.49, compared to $0.38 in the previous year [5][9] - Operating income for the first quarter was reported at $209 million, up from $187 million in the same quarter last year [5][9] - Net income rose to $105 million from $87 million year-over-year [5][9] Sales Breakdown - U.S. and Canada store sales reached $1,110 million, a 4.3% increase from $1,065 million in the prior year [26] - Direct sales in the U.S. and Canada decreased by 4.3% to $250 million from $261 million [26] - International sales grew by 10.1% to $64 million compared to $58 million in the previous year [26] Store Operations - As of May 3, 2025, the total number of company-operated stores increased to 1,900, with 1,787 in the U.S. and 113 in Canada [27] - The company opened 13 new stores and closed 8 in the U.S. and Canada during the period [27] - Internationally, the total partner-operated stores decreased to 524, with 489 in other international locations [29] Future Guidance - The company expects second quarter 2025 net sales to be flat to up 2% compared to $1,526 million in the second quarter of 2024 [7] - Earnings per diluted share for the second quarter is projected to be between $0.33 and $0.38, down from $0.68 in the same quarter last year [7] - The anticipated impact of current tariff rates is included in the full-year guidance [6][7]

Core Viewpoint - The company achieved a revenue of 27.01 billion for FY25, a year-on-year decline of 6.6%, and a net profit attributable to shareholders of 1.29 billion, down 41.9% year-on-year, with FY25H2 showing a revenue and net profit decline of 5.4% and 53% respectively [1] - The expected dividend payout ratio for FY25 is 134%, exceeding market expectations [1] Revenue Breakdown - Revenue from retail and wholesale channels for FY25 decreased by 6.8% and 5.8% year-on-year respectively [1] - Revenue from the main brand and other brands declined by 6.1% and 9.9% year-on-year respectively [1] Store Operations - As of the end of FY25, the company had 5,020 directly operated stores, with a net closure of 1,124 stores, including 258 new openings and 1,382 closures [1] - Total sales area decreased by 12.4% year-on-year, while sales area per store increased by 7.2%, reflecting the company's "one product one strategy" approach to store adjustments [1] Profitability Metrics - The gross margin for FY25 decreased by 3.4 percentage points to 38.4%, primarily due to increased retail discounts, with FY25H2 showing greater discounting than FY25H1 [1] - The net profit margin attributable to shareholders decreased by 2.9 percentage points to 4.8% [1] Inventory and Cash Flow - The company's inventory turnover days were 133 days, a decrease of 1 day year-on-year, with net cash flow from operating activities reaching 3.76 billion, a year-on-year increase of 20% [2] - Cash at the end of the period was 2.59 billion, up from 1.96 billion in the same period last year [2] Brand Collaborations - The company is steadily advancing new brand collaborations, including the introduction of the high-end SOAR running brand to the Chinese market [2] - Collaborations with top outdoor brands for comprehensive operations in China are underway, alongside deepened partnerships with the Canadian high-end trail running brand nordaTM [2] Earnings Forecast - The earnings forecast for FY26-28 has been adjusted, with expected earnings per share of 0.21, 0.25, and 0.30 respectively [2] - A target price of 3.45 HKD is set for FY26, based on a 15 times PE valuation [2]