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Lassonde Industries Inc. Will Hold a Conference Call to Discuss Its Fourth Quarter and Fiscal 2025 Financial Results
Globenewswire· 2026-03-13 13:11
Core Viewpoint - Lassonde Industries Inc. will host a conference call on March 27, 2026, to discuss its financial results for the fourth quarter and fiscal year 2025, led by CEO Vince Timpano and CFO Eric Gemme [1]. 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 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, schools, and wholesalers [5]. Conference Call Details - The conference call is scheduled for 8:30 a.m. ET on March 27, 2026, with a live audio broadcast available on the company's website [1]. - A recording of the meeting will be accessible from March 27, 2026, at 12:00 p.m. until April 3, 2026 [2].
Lassonde Industries Inc. Announces Chief Financial Officer Succession Plan
Globenewswire· 2026-02-19 22:10
Core Insights - Lassonde Industries Inc. has appointed Francis Trudeau as Executive Vice-President Finance, effective March 16, 2026, as part of a leadership transition that will see him become Chief Financial Officer on May 19, 2026, succeeding Éric Gemme who will retire on June 19, 2026 [1] Group 1: Leadership Transition - Francis Trudeau brings over 25 years of experience in corporate finance, having previously served as Vice-President of Operations and Chief Financial Officer at BrainBox AI Inc. [2] - Trudeau has held senior leadership roles in various companies, including LGI Healthcare Solutions, Plus Company, Wise Blackman LLC, CGI Inc., and Arthur Andersen LLP [2] Group 2: Qualifications - Trudeau holds multiple professional designations, including Chartered Professional Accountant (CPA), Chartered Business Valuator (CBV), and Institute of Corporate Directors (ICD) [3] - He has an academic background that includes a Bachelor of Commerce from McGill University, a Graduate Diploma in Public Accountancy from Concordia University, and an MBA from Université Laval [3] Group 3: Company Overview - Lassonde Industries Inc. is a leader in the North American food and beverage industry, developing and marketing a wide range of products, including fruit juices, specialty foods, and alcoholic beverages [5] - The company operates 19 plants in Canada and the United States, employing over 2,900 full-time equivalent employees [7]
Lassonde Industries Inc. declares a quarterly dividend of $1.25 per share
Globenewswire· 2026-02-10 20:52
Group 1 - Lassonde Industries Inc. announced a quarterly dividend of $1.25 per share for Class A and Class B shareholders, payable on March 13, 2026, to those registered by February 20, 2026 [1] - The dividend is classified as an "eligible dividend" for Canadian tax purposes [1] Group 2 - 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 [2] - The company distributes over 3,500 unique products across approximately 200 formats in shelf-stable, chilled, and frozen categories [2] Group 3 - The go-to-market strategy of the company includes retail sales to food retailers and wholesalers, as well as food service sales to restaurants, hotels, hospitals, and schools [3] Group 4 - Lassonde operates 19 plants in Canada and the United States, employing over 2,900 full-time equivalent employees [4]
Stock market today: Dow, S&P 500, Nasdaq futures tumble as Trump tariff threats and bond sell-off rattle nerves
Yahoo Finance· 2026-01-19 23:57
Market Overview - US stocks are expected to face significant losses due to renewed trade tensions between the US and Europe, particularly regarding Greenland, with Dow Jones futures indicating a drop of over 700 points [1] - The S&P 500 futures fell by 1.6% and Nasdaq 100 futures dropped by 1.9%, following a losing week for Wall Street [1] Trade Tensions - President Trump threatened a 200% import tariff on French wines after France's President Macron declined an invitation to join Trump's "Board of Peace" [2] - Trump also stated that eight NATO countries would face additional import duties of 10% unless a deal regarding Greenland was reached, while the EU is considering $108 billion in retaliatory tariffs [3] Economic Impact - Treasury yields have risen to their highest levels in four months, with the 30-year yield reaching 4.93%, influenced by a sell-off in Japanese bonds and trade war risks [5] - The dollar has fallen to a two-week low, while gold and silver prices have reached record highs due to increased demand for safe-haven assets [5] Corporate Earnings - Investors are preparing for a busy earnings season, with Netflix, Intel, and Johnson & Johnson set to report results, and S&P 500 earnings growth expected to be around 12% to 15% this year [7] - The sentiment of "Sell America" could lead to potential downside for corporate earnings if trade tensions persist [7] Acquisition News - GSK has agreed to acquire RAP Therapeutics for $2.2 billion, which is expected to enhance its food allergy treatment portfolio [7] - Shares of RAP Therapeutics surged over 60% following the announcement of the acquisition [8]
Uber Expands Regional Grocery and Alcohol Selection with Stater Bros., Kowalski's, and Big Red Liquors
Prnewswire· 2025-12-11 20:00
Core Insights - Uber is expanding its grocery and alcohol retail partnerships with new regional additions, including Stater Bros. Markets, Kowalski's Markets, and Big Red Liquors, enhancing its local offerings across the U.S. [1][4] Group 1: New Partnerships - The new partnerships will allow customers in Southern California, Minnesota, and the Midwest to access more regional favorites through the Uber and Uber Eats apps [2][4] - Stater Bros. is recognized for its high-quality meats and produce, Kowalski's for its gourmet selections, and Big Red for its local wines and craft spirits, catering to holiday hosting needs [3][4] Group 2: Growth in Retail Business - 2025 has been a significant year for Uber's grocery and retail business, with over 1,000 new retailers added globally and more than 50,000 retail locations across the U.S. [4][5] - The expansion includes well-known national brands alongside regional partners, emphasizing the importance of local brands in community identity [5][4] Group 3: Customer Experience - Uber One members benefit from $0 Delivery Fees on eligible grocery and retail orders, enhancing the shopping experience [3][4] - The process for customers includes selecting local stores, adding items to the cart, and tracking orders in real-time [7]
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]