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Uber Expands Regional Grocery and Alcohol Selection with Stater Bros., Kowalski's, and Big Red Liquors
Prnewswire· 2025-12-11 20:00
New partnerships highlight Uber's growing investment in beloved local and regional retailers SAN FRANCISCO, Dec. 11, 2025 /PRNewswire/ -- Uber (NYSE:UBER) today announced new regional additions to the Uber and Uber Eats apps with Stater Bros. Markets, Kowalski's Markets, and Big Red Liquors this month, further expanding the platform's growing network of local grocery and alcohol retailers across the U.S. This month customers in Southern California, Minnesota, and the Midwest can soon shop even more trusted ...
REMINDER: Lassonde Industries Inc. Will Hold a Conference Call to Discuss Its Third Quarter 2025 Financial Results
Globenewswire· 2025-11-06 14:00
Core Points - Lassonde Industries Inc. will host a conference call to discuss its Q3 2025 financial results on November 7, 2025 [1] - The call will be led by CEO Vince Timpano and CFO Eric Gemme, and is open to investors, analysts, and interested parties [1] - A live audio broadcast will be available on the company's website, with a replay accessible until November 14, 2025 [1][2] Company Overview - Lassonde Industries Inc. is a leader in the North American food and beverage industry, headquartered in Canada [4] - The company develops, manufactures, and markets a wide range of products, including fruit juices, specialty foods, and fruit-based snacks, distributing over 3,500 unique products [4] - Lassonde operates 19 plants in Canada and the U.S. with over 2,900 full-time equivalent employees [6] Go-to-Market Strategy - The company's strategy includes retail sales to food retailers and wholesalers, as well as food service sales to various institutions such as restaurants and schools [5]
Lassonde Industries Inc. Will Hold a Conference Call to Discuss Its Third Quarter 2025 Financial Results
Globenewswire· 2025-10-24 13:34
Core Points - Lassonde Industries Inc. will host a conference call to discuss its Q3 2025 financial results on November 7, 2025 [1] - The call will be led by CEO Vince Timpano and CFO Eric Gemme, and is open to investors, analysts, and interested parties [1] - A live audio broadcast will be available on the company's website, with a replay accessible until November 14, 2025 [1][2] Company Overview - Lassonde Industries Inc. is a leader in the North American food and beverage industry, developing, manufacturing, and marketing a wide range of products including fruit juices, specialty foods, and fruit-based snacks [4] - The company distributes over 3,500 unique products across various categories, including shelf-stable, chilled, and frozen formats [4] - Lassonde operates 19 plants in Canada and the United States, employing over 2,900 full-time equivalent employees [6] Go-to-Market Strategy - The company's strategy includes retail sales to food retailers and wholesalers, as well as food service sales to restaurants, hotels, hospitals, and schools [5]
Louis Vuitton Earnings Show Luxury Bull Market Isn't Done Yet
MarketBeat· 2025-10-20 21:39
Core Insights - The luxury market, particularly high-end brands like Louis Vuitton, is experiencing robust sales growth, outpacing mid-to-low tier brands as affluent consumers continue to spend significantly [2][5][9] Group 1: Market Dynamics - Precious metals, including gold and silver, have reached new all-time highs, contributing to a favorable investment environment for luxury brands [1] - The divergence in consumer spending trends indicates that affluent consumers are less affected by tariffs and high-interest rates compared to lower-income consumers, which benefits luxury brands [9] Group 2: Company Performance - LVMH reported Q3 sales exceeding $21 billion, reflecting a 1% year-over-year organic growth, with notable performance improvements across all five divisions [6][7] - The Fashion and Leather Goods division experienced a 2% year-over-year decline, which was better than the anticipated 4% drop, indicating a recovery from a previous 9% decline [6] - The Perfumes and Cosmetics and Selective Retailing divisions showed better-than-expected growth, contributing to overall positive sentiment among analysts [6][7] Group 3: Geographical Insights - Sales in China are nearing positive year-over-year growth after a prolonged period of stagnation, highlighting a potential recovery in this key market [7][10] Group 4: Stock Performance - LVMH's stock has risen over 25% in the last three months, with technical indicators suggesting a bullish trend, including the formation of a Golden Cross [11][14] - The stock has shown momentum after breaking above key moving averages, indicating a potential shift in investor sentiment [12][14]
Lassonde Industries Inc. announces departure of Eric Gemme, Chief Financial Officer, in July 2026
Globenewswire· 2025-07-29 11:43
Core Viewpoint - Lassonde Industries Inc. announces the retirement of Chief Financial Officer Eric Gemme effective July 1, 2026, allowing for a managed transition [1][2] Company Overview - Lassonde Industries Inc. is a leader in the North American food and beverage industry, developing, manufacturing, and marketing a wide range of products including fruit juices, specialty foods, and alcoholic beverages [4] - The company distributes over 3,500 unique products in approximately 200 formats across shelf-stable, chilled, and frozen categories [4] Operational Strategy - The company's go-to-market strategy includes retail sales to food retailers and wholesalers, as well as food service sales to institutions such as restaurants, hotels, and schools [5] - Lassonde operates 19 plants in Canada and the United States, employing over 2,900 full-time equivalent employees [6]
Lassonde Industries Inc. Will Hold a Conference Call to Discuss Its Second Quarter 2025 Financial Results
Globenewswire· 2025-07-25 12:54
Core Viewpoint - Lassonde Industries Inc. will host a conference call to discuss its financial results for the second quarter of 2025 on August 8, 2025, led by CEO Vince Timpano and CFO Eric Gemme [1] Group 1: Conference Call Details - The conference call is scheduled for August 8, 2025, at 8:30 a.m. ET, with specific phone numbers provided for both overseas and North American participants [2] - A live audio broadcast will be available on the Corporation's website, and a replay will be accessible until midnight on August 15, 2025 [2][3] - A press release will be published on August 7, 2025, after markets close, and participants are advised to connect 15 minutes prior to the call [3] Group 2: Company Overview - Lassonde Industries Inc. is a leader in the North American food and beverage industry, developing, manufacturing, and marketing a wide range of products including fruit juices, specialty foods, and fruit-based snacks [5] - The company operates 19 plants in Canada and the United States, employing over 2,900 full-time equivalent employees [7] - Lassonde's go-to-market strategy includes retail sales to food retailers and wholesalers, as well as food service sales to various institutions such as restaurants and schools [6]
Lassonde Industries Inc. announces election of directors
Globenewswire· 2025-05-16 20:25
Core Points - Lassonde Industries Inc. announced the election of its board of directors during the Annual General Meeting held on May 16, 2025 [1] - The nominees received high approval rates, with most achieving over 99% of votes in favor [2] Company Overview - Lassonde Industries Inc. is a leader in the North American food and beverage industry, developing, manufacturing, and marketing a wide range of products including fruit juices, specialty foods, and fruit-based snacks [3] - The company distributes over 3,500 unique products across approximately 200 formats, covering shelf-stable, chilled, and frozen categories [3] Market Strategy - The company's go-to-market strategy includes retail sales to food retailers and wholesalers, as well as food service sales to various institutions such as restaurants, hotels, and schools [4] Operations - Lassonde operates 19 plants in Canada and the United States, employing over 2,900 full-time equivalent employees [5]
Lassonde Industries Inc. announces its Q1-2025 results
Globenewswire· 2025-05-08 21:11
Core Viewpoint - Lassonde Industries Inc. reported strong financial results for Q1 2025, with significant growth in sales and operating profit despite ongoing market uncertainties [3][4]. Financial Performance - Sales reached $699.7 million, an increase of $129.8 million (22.8%) compared to $569.8 million in Q1 2024 [2]. - Gross profit was $183.2 million, representing 26.2% of sales, up from $149.6 million, a rise of $33.6 million (22.4%) year-over-year [2][4]. - Operating profit increased to $42.7 million, up $8.1 million (23.4%) from $34.6 million in the same quarter last year [2][4]. - Profit attributable to shareholders was $24.5 million, slightly up from $23.8 million, with an EPS of $3.60, reflecting a 2.9% increase [2][7]. - Adjusted EBITDA was $71.5 million, a rise of $19.1 million (36.4%) from $52.4 million in Q1 2024 [2][7]. Sales Growth Drivers - Excluding the impact of Summer Garden and foreign exchange fluctuations, sales grew by 9.3%, driven by U.S. volume recovery and price adjustments in Canada [3][4]. - Canadian brands gained market share due to innovation and effective merchandising, despite overall industry volume contraction [3]. Outlook and Strategy - The company anticipates a sales growth rate of approximately 10% for 2025, driven by a full year of Summer Garden results and planned price adjustments [8]. - Lassonde is focused on executing its strategy, expanding capacity, and leveraging its diversified product portfolio to enhance its presence in the North American food and beverage market [3][8]. Financial Position - As of March 29, 2025, total assets were $2,374.4 million, a 4.2% increase from $2,277.8 million at the end of 2024 [7]. - Long-term debt stood at $612.5 million, with a net debt to adjusted EBITDA ratio of 1.99:1, reflecting a $135.0 million increase from the previous year [7][26]. - Operating activities used $60.1 million in cash, compared to $11.3 million generated in the same quarter last year, primarily due to changes in working capital [7]. Dividend Information - The Board of Directors declared a quarterly dividend of $1.10 per share, payable on June 13, 2025 [17]. Company Overview - Lassonde Industries Inc. is a leader in the North American food and beverage industry, offering a wide range of products including fruit juices, specialty foods, and snacks [28][30].
REMINDER: Lassonde Industries Inc. Will Hold a Conference Call to Discuss Its First Quarter 2025 Financial Results
Globenewswire· 2025-05-08 12:00
Company Overview - Lassonde Industries Inc. is a leader in the food and beverage industry in North America, headquartered in Canada with operations across the continent [3] - The company develops, manufactures, and markets a wide range of products, including fruit juices, specialty food products, and fruit-based snacks, distributing over 3,500 unique products in approximately 200 formats [3] Conference Call Announcement - Lassonde will host a conference call to discuss its first quarter 2025 results on May 9, 2025, at 8:30 a.m. ET, led by CEO Vince Timpano and CFO Eric Gemme [1] - The call is open to investors, analysts, and interested parties, with a live audio broadcast available on the company's website [1] - A recording of the meeting will be accessible from May 9, 2025, at 12:00 p.m. until May 16, 2025, at 11:59 p.m. [2] Operational Strategy - The company's go-to-market strategy includes retail sales to food retailers and wholesalers, as well as food service sales to various institutions such as restaurants, hotels, and schools [4] - Lassonde operates 19 plants in Canada and the United States, employing over 2,900 full-time equivalent employees [5]