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Why Brunswick (BC) is Poised to Beat Earnings Estimates Again
ZACKS· 2025-10-08 17:11
Core Viewpoint - Brunswick (BC) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of exceeding expectations [1]. Company Performance - Brunswick has a solid track record of surpassing earnings estimates, with an average surprise of 77.17% over the last two quarters [2]. - In the last reported quarter, Brunswick achieved earnings of $1.16 per share, exceeding the Zacks Consensus Estimate of $0.89 per share by 30.34%. In the previous quarter, the company reported earnings of $0.56 per share against an expectation of $0.25 per share, resulting in a surprise of 124.00% [3]. Earnings Estimates - Recent favorable changes in earnings estimates for Brunswick indicate a positive outlook, with a Zacks Earnings ESP of +2.33%, suggesting analysts are optimistic about the company's earnings prospects [6][9]. - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) enhances the likelihood of another earnings beat [9]. Predictive Metrics - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [7]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions, which may provide a more accurate prediction of earnings [8].
J-Star Holding Names Sam Van as Chief Executive Officer
Globenewswire· 2025-09-22 20:05
TAICHUNG CITY, Taiwan, Sept. 22, 2025 (GLOBE NEWSWIRE) -- J-Star Holding Co., Ltd. (Nasdaq: YMAT) (“J-Star” or the “Company”), a leading provider of innovative carbon fiber and composite solutions across a wide range of applications including personal sports equipment, healthcare products, automobile parts, resin systems, and research and development services, today announced that Sam Van has been named Chief Executive Officer of J-Star, effective October 1. Mr. Van succeeds Jonathan Chiang, who will contin ...
US small businesses turn to lending startups as tariff costs mount
The Economic Times· 2025-09-16 04:43
Core Viewpoint - The article discusses the significant impact of tariffs on small businesses in the U.S., highlighting a surge in demand for short-term credit lines from lending startups as companies seek to manage increased costs associated with tariffs on imported goods [2][15]. Lending Startups - Slope, a lending startup founded in 2021, has seen a 730% year-over-year increase in credit line applications as businesses face higher tariffs [15]. - The firm typically serves businesses with annual revenues up to $25 million and can approve loans of up to $250,000 instantly and up to $3 million within two business days [6][15]. - Other lending startups like Clearco and Wayflyer have also reported significant increases in loan applications, with Clearco extending 46% more loans in July and August compared to the same months in 2024 [6][15]. Impact of Tariffs on Businesses - Tariffs averaging 50% on Chinese goods have created immediate financial pressure on importers, forcing them to seek credit to cover duties that must be paid upon arrival of goods [15]. - Small importers are increasingly relying on credit lines to finance imported merchandise, as tariffs create substantial upfront costs before sales can be made [7][15]. - A New Jersey-based importer took a 60-day credit line from Slope to cover $300,000 in duties, indicating the necessity of advance funds to manage cash flow [8][9]. Price Adjustments and Consumer Impact - Businesses are passing tariff costs onto consumers, with some increasing prices by 15% to 20% to cover higher tariffs [10][16]. - The American consumer has not yet felt the full effects of the trade war, as price hikes from tariffs typically take time to reach retail prices [4][15]. Industry Adaptation - Companies are adapting to the tariff environment by seeking short-term financing to maintain liquidity and manage operational costs [7][11]. - Some businesses, like a health and beauty brand, are securing credit lines in anticipation of future tariff increases, indicating a proactive approach to financial management [11][16]. - The article notes that the current tariff situation is forcing many small businesses to work harder to maintain profitability, with some potentially exiting the market while others may gain market share [12][16].
Consumer spending pushed ahead in August, CNBC/NRF Retail Monitor finds
Youtube· 2025-09-12 11:45
Core Insights - Consumer spending showed positive growth in August, driven by back-to-school shopping and potential tariff effects [1][4] - Total retail sales increased by 0.5% month-over-month and 6.8% year-over-year, indicating strong annual performance despite a slight decline from the previous month [2][3] - Core retail sales, excluding restaurants, rose by 0.3%, slightly lower than overall retail sales growth [2] Retail Performance - The retail monitor indicates considerable volatility in consumer spending, with fluctuations influenced by tariffs and inflation [3][6] - Eight out of twelve retail sectors experienced growth, particularly digital products which increased by 1.6% [4][5] - Discretionary spending showed mixed results, with food and beverage up by 1% and general merchandise up by 0.4%, while sporting goods and garden supplies saw declines of 0.8% and 2.1% respectively [5] Inflation and Tariff Impact - Some gains in retail sales may reflect inflation in imported goods, with consumers potentially buying ahead of tariff increases [4][6] - Adjusted for inflation, consumer spending has been weak over the past three months, suggesting a possible tariff impact [6] Digital Sales Trends - Online sales, particularly in software and digital products, have been consistently strong, contributing positively to overall retail performance [7][8] - The digital category has shown robust growth, with regular increases between 0.5% and 1.5% [8]
Dick's Sporting Goods (DKS) Increases Yet Falls Behind Market: What Investors Need to Know
ZACKS· 2025-08-04 23:00
Group 1 - Dick's Sporting Goods (DKS) closed at $209.50, with a +1.32% change from the previous day, underperforming the S&P 500's gain of 1.47% [1] - Over the past month, DKS shares appreciated by 0.26%, outperforming the Retail-Wholesale sector's loss of 1.38% but lagging behind the S&P 500's gain of 0.64% [1] Group 2 - The upcoming earnings release is expected to show an EPS of $4.29, a 1.83% decline compared to the same quarter last year, with anticipated revenue of $3.6 billion, reflecting a 3.57% increase [2] - For the annual period, earnings are projected at $14.38 per share and revenue at $13.9 billion, indicating increases of +2.35% and +3.37% respectively from the previous year [3] Group 3 - Recent adjustments to analyst estimates for DKS are important as they indicate changing business trends, with positive revisions suggesting a favorable business outlook [3] - The Zacks Rank system, which incorporates estimate changes, provides a rating system with DKS currently holding a Zacks Rank of 3 (Hold) [5] Group 4 - DKS is currently traded at a Forward P/E ratio of 14.38, which aligns with the industry average, while the PEG ratio stands at 2.95, matching the average for the Retail - Miscellaneous industry [6] - The Retail - Miscellaneous industry has a Zacks Industry Rank of 163, placing it in the bottom 35% of over 250 industries, indicating potential underperformance compared to higher-ranked industries [7]
Dick's Sporting Goods (DKS) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2025-07-16 23:16
Company Performance - Dick's Sporting Goods (DKS) closed at $201.83, down 2.11% from the previous trading session, underperforming the S&P 500's gain of 0.32% [1] - Over the past month, DKS shares have increased by 17.92%, while the Retail-Wholesale sector and S&P 500 gained 3.84% and 4.51%, respectively [1] Financial Forecast - The upcoming financial results are expected to show an EPS of $4.29, reflecting a 1.83% decrease from the same quarter last year, with revenue forecasted at $3.6 billion, a 3.57% increase year-over-year [2] - For the entire fiscal year, earnings are projected at $14.38 per share and revenue at $13.9 billion, indicating increases of 2.35% and 3.37% from the previous year [3] Analyst Estimates and Rankings - Recent estimate revisions are crucial for understanding near-term business trends, with positive revisions indicating a favorable business outlook [3][4] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates DKS at 3 (Hold), with a recent 0.1% downward shift in the EPS estimate [5] Valuation Metrics - DKS has a Forward P/E ratio of 14.34, which is higher than the industry average of 13.26, and a PEG ratio of 2.94 compared to the industry average of 2.87 [6] Industry Context - The Retail - Miscellaneous industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 180, placing it in the bottom 28% of over 250 industries [7]
Academy Sports + Outdoors Reports First Quarter Fiscal 2025 Results
Globenewswire· 2025-06-10 12:00
Core Insights - Academy Sports and Outdoors, Inc. reported a decline in first quarter sales by 0.9% with comparable sales down 3.7% [1][2] - eCommerce sales increased by 10.2%, and the company opened five new stores, maintaining positive comparable sales in low single digits [1][2] - The company revised its annual comparable sales guidance to a range of -4% to +1% due to inflationary pressures [2][10] Financial Performance - Net sales for the first quarter were $1,351.4 million, down from $1,364.2 million, reflecting a 0.9% decrease [2][25] - Net income decreased by 39.7% to $46.1 million compared to $76.5 million in the previous year [2][25] - Diluted earnings per share (EPS) fell to $0.68, down 32.7% from $1.01 [2][25] Balance Sheet Highlights - Cash and cash equivalents decreased by 24.6% to $285.1 million from $378.1 million [3] - Merchandise inventories increased by 15.0% to $1,560.0 million compared to $1,356.8 million [3] - Long-term debt remained relatively stable at $482.2 million, down 0.4% from $484.1 million [3] Capital Allocation - The company returned $108 million to shareholders through share buybacks and dividends, with share repurchases totaling $99.9 million, a decrease of 19.1% from the previous year [4][5] - Dividends paid increased by 6.1% to $8.7 million compared to $8.2 million [4] Store Expansion - Academy opened five new stores, bringing the total to 303 locations across 21 states [6][7] - The company plans to open 20 to 25 stores in fiscal 2025 [6] Tariff Mitigation Strategies - The company has reduced its cost exposure to China to approximately 9% of total cost of goods sold for its private label business, with plans to further reduce it to around 6% by the end of fiscal 2025 [8][9] - Actions taken include diversifying the supply chain and leveraging private brand portfolios to maintain margin integrity [9] 2025 Outlook - The updated fiscal 2025 guidance reflects a wider range of scenarios due to uncertain demand, with net sales projected between $5,970 million and $6,265 million [10][12] - The company anticipates adjusted net income to range from $375 million to $435 million, with diluted EPS expected between $5.10 and $5.90 [13][35]
How To Earn $500 A Month From Dick's Sporting Goods Stock Ahead Of Q1 Earnings
Benzinga· 2025-05-23 12:49
DICK’S Sporting Goods, Inc. DKS will release earnings results for the first quarter, before the opening bell on Wednesday, May 28.Analysts expect the company to report quarterly earnings of $4.33 per share and quarterly revenue of $3.6 billion, according to data from Benzinga Pro.On May 15, Foot Locker, Inc. FL disclosed a definitive deal to be acquired by Dick's Sporting Goods. The deal values Foot Locker's equity at around $2.4 billion and its enterprise at about $2.5 billion.With the recent buzz around D ...
Target Beats on Q4 Earnings, Issues Cautious View on Tariff Concerns
ZACKS· 2025-03-04 17:05
Core Insights - Target Corporation reported fourth-quarter fiscal 2024 results that exceeded the Zacks Consensus Estimate for both revenue and earnings, with notable growth in beauty, apparel, entertainment, sporting goods, and toys [1] - The company issued a cautious outlook for the first quarter of fiscal 2025, anticipating significant year-over-year profit pressure due to consumer uncertainty, a slight decline in February net sales, tariff concerns, and the timing of certain expenses [2] Financial Performance - Adjusted earnings were reported at $2.41 per share, surpassing the Zacks Consensus Estimate of $2.25 but down from $2.98 in the same period last year [4] - Total revenues reached $30,915 million, exceeding the Zacks Consensus Estimate of $30,766 million, but reflecting a 3.1% decline year-over-year; merchandise sales also fell by 3.3% to $30,428 million [5] - Comparable sales increased by 1.5% in the fourth quarter, following a 0.3% increase in the previous quarter, with a decline of 0.5% in comparable store sales but an increase of 8.7% in comparable digital sales [6] Margin Analysis - Gross margin contracted by 40 basis points to 26.2%, attributed to higher digital fulfillment and supply-chain costs, as well as increased promotional markdowns; operating margin decreased to 4.7% from 5.8% year-over-year [7] Financial Health - At the end of the quarter, Target had cash and cash equivalents of $4,762 million, long-term debt of $14,304 million, and shareholders' equity of $14,666 million; dividends paid during the quarter totaled $513 million [8] - The company repurchased 3.7 million shares worth $506 million during the quarter, with approximately $8.7 billion remaining under the repurchase program approved in August 2021 [9] Future Outlook - For fiscal year 2025, Target expects net sales growth of around 1%, driven by flat comparable sales, and anticipates a slight improvement in operating margin compared to fiscal year 2024; GAAP and adjusted earnings per share are projected to be between $8.80 and $9.80 [10]