Summary of Key Points Core Viewpoint - As of June 30, 2025, EssilorLuxottica has disclosed its share capital and voting rights, highlighting its position as a global leader in the ophthalmic lens, frame, and sunglasses market [2]. Group 1: Share Capital and Voting Rights - The total number of shares outstanding for EssilorLuxottica is 463,145,529 [3]. - The number of real voting rights, excluding treasury shares, is 461,150,585 [3]. - The theoretical number of voting rights, including treasury shares, remains at 463,145,529 [3]. - Voting rights for any shareholder are capped at 31%, as per the company's by-laws [3].

Core Insights - JELD-WEN UK has achieved its second Cradle to Cradle Certified® product certification in 2025, enhancing its portfolio of sustainable doors and reinforcing its commitment to responsible innovation across Europe [1][3][5] Sustainability Commitment - Cradle to Cradle Certified® is recognized as one of the most advanced product sustainability standards, assessing products based on material health, circularity, climate protection, water stewardship, and social fairness [2] - The newly certified Bronze-level products include various door types from Latvia, Estonia, Denmark, Sweden, and the United Kingdom, showcasing the company's alignment of sustainability with manufacturing excellence [3] Strategic Positioning - The certification highlights how sustainability is integral to JELD-WEN's innovation and operational performance, positioning the company favorably ahead of regulatory changes like the EU Deforestation Regulation (EUDR) [4] - By adhering to Cradle to Cradle Certified® standards, JELD-WEN ensures responsible sourcing and sustainability throughout the product lifecycle, enhancing transparency and long-term value for stakeholders [4] Global ESG Goals - The expansion of Cradle to Cradle certification marks a significant milestone in JELD-WEN's sustainability journey, reflecting the company's commitment to designing safe, circular, and responsibly made products [5] - JELD-WEN aims to provide sustainable solutions that benefit customers, communities, and the planet, aligning with its global ESG objectives [5] Company Overview - JELD-WEN Holding, Inc. is a leading global designer, manufacturer, and distributor of high-performance building products, operating in 14 countries and employing approximately 16,000 associates [6]

Summary of Key Points Core Viewpoint - As of May 31, 2025, EssilorLuxottica, a global leader in the design, manufacture, and distribution of ophthalmic lenses, frames, and sunglasses, disclosed its outstanding shares and voting rights [2]. Group 1: Share Capital and Voting Rights - Total shares outstanding amount to 457,507,201 [3]. - The number of real voting rights, excluding treasury shares, is 455,511,025 [3]. - The theoretical number of voting rights, including treasury shares, remains at 457,507,201 [3]. - Voting rights are capped at 31% for any shareholder, as per the company's by-laws [3].

Core Insights - Warby Parker and Google are collaborating on AI-powered smart glasses, which are expected to launch after 2025, aiming to provide real-time contextual assistance and all-day utility [2][3][4] - The company is actively mitigating tariff exposure by shifting its supply chain, implementing selective price increases, and controlling expenses, with reliance on China expected to drop below 10% by year-end [1][10][14] Company Developments - Warby Parker's co-CEO, Dave Gilboa, emphasized the transformative potential of AI-powered glasses, which will enhance user interaction with technology and provide contextual information [3][8][9] - The company is expanding its retail presence, planning to open 45 new stores this year, including five within Target locations, and has nearly 300 retail locations generating close to $800 million in annual revenue [12][13] - Warby Parker's revenue streams are diversifying, with contact lenses and eye exams contributing approximately 10% and 6% of revenue, respectively, and showing significant growth [12][13] Industry Context - The collaboration between Warby Parker and Google is part of a broader trend in the smart glasses market, with competitors like Meta, Amazon, Apple, and Samsung also developing similar technologies [4][5] - The market for AI-powered glasses is seen as an evolution of earlier smart glasses, with increased adoption driven by enhanced functionality and design [5][6] - The integration of AI into wearables, particularly in health tracking, is gaining traction among younger demographics, indicating a shift in consumer preferences [6]

Core Viewpoint - Astronics Corporation's stock price has increased by 100% year-to-date, driven by strong business performance and the resolution of legacy patent disputes [1][2] Company Performance - The company supplies parts and components to the aerospace industry, experiencing thriving business conditions with a shift towards profitability and sustained double-digit revenue growth [2] - Q1 2025 highlights include a 700 basis points top-line outperformance, with gross and operating margins expanding by over 500 basis points, leading to adjusted earnings increasing by over 400% [3] Financial Guidance - Astronics reaffirmed its 2025 outlook, projecting approximately 6% revenue growth at the midpoint range, with expectations for improved guidance in subsequent quarters [4] Balance Sheet Strength - The balance sheet shows increased cash and assets, reduced debt, and improved shareholder equity by over 4% in Q1, indicating robust operational capacity [5][6] Market Activity - Institutional investors own about 57% of the stock and are actively buying, with buying activity outpacing selling by more than four times [6][7] - Short interest was nearly 10% at the end of April, which could amplify the positive market impact from institutional buying [7] Stock Price Forecast - The 12-month stock price forecast is set at $21.00, indicating a potential downside of 33.80% from the current price [8][9] Upcoming Catalysts - The next significant event is the Q2 earnings release scheduled for early August, with analysts forecasting about 5% sequential growth and margin strength [10]

Financial Performance - Revenues increased by 15.4% year-over-year to a record $222.3 million in Q1 2025, driven by strong performance in key markets and market share gains[12, 32] - Single-family residential revenues grew 21.6% year-over-year to $88.9 million, supported by dealership growth and geographic expansion[12, 32] - Multi-family and commercial revenues increased 11.6% year-over-year to $133.4 million, reflecting consistent execution on the growing backlog[12] - Adjusted EBITDA increased 37.5% year-over-year to $70.2 million, with the Adjusted EBITDA margin improving to 31.6% of revenues[12, 35] - Operating cash flow was strong at $46.9 million, resulting in a record quarterly free cash flow of $28.8 million[12, 44] Backlog and Orders - Backlog grew 24.9% year-over-year to a record $1.14 billion, representing a book-to-build ratio of 1.2x[12, 16] - U S backlog represents 95% of the total backlog[16] - Single-family residential orders increased 16.6% year-over-year in Q1 2025[12, 32] Outlook and Strategy - The company anticipates full year 2025 revenue between $960 million and $1.02 billion, and Adjusted EBITDA between $305 million and $330 million[52, 53] - Vinyl revenues are projected to be approximately $25 million at the high end of the outlook[55] - The company is implementing mitigation actions to offset the potential $25 million impact of U S aluminum tariffs in 2025[36, 39]

Company Overview - Purple Innovation, Inc. is recognized for creating the "World's First No Pressure™ Mattress" and is a leader in comfort innovation [1] - The company specializes in premium mattresses featuring the GelFlex® Grid technology, which is designed to enhance restorative sleep and reduce aches and pains [4] Financial Results Announcement - Purple will report its first quarter 2025 financial results on May 6, 2025, at approximately 4:05 p.m. ET [1] - A conference call to discuss these results will take place on the same day at 4:30 p.m. ET [1] Participation Details - Investors and analysts can join the conference call by dialing 800-715-9871 (domestic) or 646-307-1963 (international) using Conference ID 7609054 [2] - A live webcast of the call will also be available on the company's investor relations website [2] Replay Information - A telephone replay of the conference call will be accessible until May 13, 2025, by calling 800-770-2030 and entering the Conference ID [3] - A webcast replay will be available on the investor relations section of the company's website for 30 days following the call [3] Product Availability - Purple's products, including mattresses, pillows, cushions, frames, and sheets, are available online at Purple.com, in 55 Purple stores, and over 3,000 retailers nationwide [4]

Core Viewpoint - IBM plans to invest $150 billion in the US over the next five years, focusing on quantum computer production and supporting local manufacturing initiatives [1][3] Investment Commitment - The investment includes over $30 billion specifically for expanding US manufacturing of quantum computers and mainframes, which are essential for handling large data and critical applications [3] - This announcement aligns with similar commitments from other tech giants like Nvidia and Apple, each pledging approximately $500 billion in the US over the next four years [1][6] Industry Context - Analysts interpret these spending commitments as strategic moves to appease the Trump administration amid concerns over tariffs that could disrupt supply chains and increase costs for the technology sector [2][4] - Recent advancements in quantum computing, such as new chips from Google's Alphabet, have heightened interest in the field, although there is uncertainty regarding the timeline for practical applications [5][8] Financial Overview - IBM reported cash and cash equivalents of $14.8 billion as of December 31, with capital expenditures of $1.13 billion last year and total expenses amounting to $29.75 billion [9]

Company Overview - Purple Innovation, Inc. is recognized for creating the "World's First No Pressure™ Mattress" and is a leader in comfort innovation [1] - The company specializes in premium mattresses featuring the GelFlex® Grid technology, which is designed to enhance restorative sleep and reduce aches and pains [4] Financial Results Announcement - Purple will report its fourth quarter and full year 2024 financial results on March 13, 2025, at approximately 4:05 p.m. ET [1] - A conference call to discuss these results will take place on the same day at 4:30 p.m. ET [1] Participation Details - Investors and analysts can join the conference call by dialing 844-481-1976 for domestic calls or 412-317-0642 for international calls [2] - A live webcast of the call will also be available on the company's investor relations website [2] Replay Information - A telephone replay of the conference call will be accessible until March 27, 2025, using the number 877-344-7529 for domestic and 412-317-0088 for international calls, with Conference ID 4514096 [3] - A webcast replay will be available on the investor relations section of the company's website for 30 days following the call [3]