Etergino said that over the last four years the company reduced annual operating expenses by 18%, or nearly $18 million, excluding one-time gains from the sale of Design Manager, and lowered headcount by more than 30% from its peak. Over that period, he said gross margins increased from 69% in 2022 to 73% in 2025, and Adjusted EBITDA margins improved by approximately 1,900 basis points.Chief Financial Officer Thomas Etergino said fourth-quarter Adjusted EBITDA was $1.3 million, representing a 6% margin and ...

Group 1 - Fossil Group, Inc. will report its fourth quarter and full year 2025 financial results on March 11, 2026, after market close [1] - A conference call to discuss the financial results will take place at 5:00 p.m. ET on the same day, accessible via the company's investor relations website [1] - The call will be archived for replay, allowing investors to access the information at a later time [1] Group 2 - Fossil Group, Inc. specializes in lifestyle accessories, including watches, jewelry, handbags, small leather goods, belts, and sunglasses [2] - The company operates a diverse portfolio of both owned and licensed brands, such as Fossil, Michele, Relic, Skagen, Zodiac, Armani Exchange, Diesel, Emporio Armani, Michael Kors, Skechers, and Tory Burch [2] - Fossil Group is committed to design and innovation, supported by an extensive distribution network across various geographies, categories, and channels [2]

The RealReal, Inc. (NASDAQ:REAL) is one of the best luxury stocks to buy now. The RealReal, Inc. (NASDAQ:REAL) received a bullish rating update from Northland Securities on January 14, with the firm reaffirming a Buy rating on the stock and raising the price target to $20.00 from $16.00. Is The RealReal, Inc. (REAL) Among Michael Burry's Top Stock Picks? The firm anticipates the company to sustain double-digit revenue expansion into 2027, driven primarily by solid growth in its core consignment business ...

Core Insights - Fossil Group, Inc. has appointed Shannon Freeze as Chief People and Communications Officer, effective February 23, 2026, reporting to CEO Franco Fogliato [1][2] - Freeze will oversee global communications, engagement, diversity, human resources, talent management, and total rewards [1] Group 1: Leadership Appointment - Shannon Freeze brings extensive international experience and a diverse industry background to Fossil Group [2] - Her previous role was at Texas Instruments, where she held various HR leadership positions for 13 years [3] - Freeze aims to enhance the company's talent strategy and leadership effectiveness while supporting its long-term strategic plan [4] Group 2: Company Overview - Fossil Group, Inc. specializes in lifestyle accessories, including watches, jewelry, handbags, and more [5] - The company operates under a diverse portfolio of owned and licensed brands, including Fossil, Michele, and Michael Kors [5] - Fossil Group is committed to design and innovation across its brand offerings and has a broad distribution network [5]

Core Viewpoint - Kering announces a leadership change at Bottega Veneta, with CEO Bartolomeo Rongone set to leave the company on March 31, 2026, to pursue new opportunities [2][3]. Group 1: Leadership Change - Bartolomeo Rongone will depart from his role as CEO of Bottega Veneta as of March 31, 2026 [2]. - Luca de Meo, CEO of Kering, expressed gratitude for Rongone's leadership and contributions over the past six years, highlighting significant milestones achieved during his tenure [3]. - The selection process for a new CEO for Bottega Veneta is currently underway, with an announcement expected soon [3]. Group 2: Company Overview - Kering is a global luxury group that includes brands such as Gucci, Saint Laurent, and Bottega Veneta, among others [4]. - In 2024, Kering employed 47,000 people and generated revenue of €17.2 billion [4].

Core Insights - Berkshire Hathaway's manufacturing operations are crucial for its long-term growth strategy, significantly contributing to revenues, earnings stability, and diversification [1] Manufacturing Operations - The manufacturing segment includes industrial, building, and consumer products, providing reliable cash flows that help mitigate fluctuations in financial markets and insurance results [1] Consumer Products Group - The consumer-products group encompasses brands like Forest River, Duracell, Jazwares, Richline, Larson-Juhl, and various apparel and footwear operations [2] - This sub-segment accounts for approximately 19-20% of revenues and 14% of earnings, with earnings showing continuous improvement despite revenue fluctuations [3] Strategic Importance - Consumer products offer strategic diversification and cyclical resilience, with strong market positions allowing effective pass-through of input-cost inflation, thereby enhancing earnings quality [4] - The segment aligns with Warren Buffett's investment philosophy, focusing on durable earnings power, strong returns on equity, and skilled management [5] Competitor Analysis - Procter & Gamble leverages its portfolio of daily-use products for steady organic growth through innovation and brand investment [6] - Coca-Cola is evolving into a total beverage company, achieving margin expansion through integrated marketing and advanced analytics [7] Stock Performance - Shares of Berkshire Hathaway (BRK.B) have increased by 9.4% year to date, outperforming the industry [8] Financial Metrics - The consumer-products group contributes up to 20% of manufacturing revenues and 14% of earnings, with strong brands helping to offset cost inflation [9] - BRK.B trades at a price-to-book value ratio of 1.53, slightly above the industry average of 1.5, and carries a Value Score of D [10] Earnings Estimates - The Zacks Consensus Estimate for BRK.B's fourth-quarter 2025 EPS remains unchanged at 4.89, with similar stability in estimates for 2026 [12] - Revenue estimates for 2025 and 2026 indicate year-over-year increases, while EPS estimates show a decline [13]

Company Overview - The RealReal operates an online marketplace for consigned luxury goods, connecting sellers and buyers of premium products through a digital platform [6][9] - The company generates revenue by facilitating the resale of authenticated luxury items, serving fashion-conscious consumers and collectors in the United States [9] Financial Performance - For the third quarter, The RealReal reported a 20% year-over-year increase in Gross Merchandise Value (GMV) and a 17% increase in revenue [10] - The adjusted EBITDA margin improved by 380 basis points to 5.4%, indicating a meaningful shift in profitability compared to recent years [10] - The company's total revenue for the trailing twelve months (TTM) is $662.8 million, with a net income of -$71.5 million [4] Market Position - The RealReal's market capitalization is approximately $1.6 billion, with shares priced at $13.98, reflecting a 128% increase over the past year, significantly outperforming the S&P 500, which is up 13% in the same period [3][4] - As of September 30, Manatuck Hill Partners held nearly 1.3 million shares of The RealReal, representing about 4.5% of its 13F reportable assets under management (AUM) [2][3] Growth Indicators - The company is showing signs of durable operating momentum, with accelerating growth and expanding margins, leading to raised full-year guidance [7] - Rising average order values and a growing active-buyer base indicate improving engagement within the platform [10] Investment Insights - Despite shares trading roughly 50% below pandemic-era highs, the recent performance suggests that The RealReal is executing better and demonstrating improved profitability and cash generation [7][12] - Sustained margin expansion and disciplined cost control will be crucial for the stock to achieve a more durable re-rating in the market [12]

Jewelry Industry Trends - The jewelry industry is focusing on meticulously made pieces incorporating mosaics, handblown glass, or Amazonian wood [1] Product Focus - Jewelry designs are incorporating unique materials like mosaics, handblown glass, and Amazonian wood [1]

Core Insights - Movado (MOV) reported quarterly earnings of $0.45 per share, missing the Zacks Consensus Estimate of $0.57 per share, but showing an increase from $0.37 per share a year ago, resulting in an earnings surprise of -21.05% [1] - The company posted revenues of $186.13 million for the quarter ended October 2025, slightly surpassing the Zacks Consensus Estimate by 0.13% and showing growth from $182.73 million year-over-year [2] - Movado has surpassed consensus revenue estimates two times over the last four quarters, while it has only exceeded consensus EPS estimates once in the same period [2] Earnings Outlook - The sustainability of Movado's stock price movement will largely depend on management's commentary during the earnings call and future earnings expectations [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.67 on revenues of $180.22 million, and for the current fiscal year, it is $1.44 on revenues of $659.71 million [7] Industry Context - The Retail - Jewelry industry, to which Movado belongs, is currently ranked in the top 22% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Movado's stock performance [5][6]

Core Insights - The RealReal, Inc. (NASDAQ:REAL) has shown strong performance in its fiscal Q3 2025 results, leading to a stock price increase of over 27% following the announcement [1] Financial Performance - The company reported a revenue of $173.57 million, marking a year-over-year growth of 17.47% and exceeding estimates by $3.32 million [2] - The earnings per share (EPS) was negative $0.04, which also surpassed consensus expectations by $0.02 [2] - Growth in revenue was driven by a 15% increase in consignment revenue and a 47% increase in direct revenue [2] - Gross Merchandise Volume (GMV) reached a record high of $520 million, reflecting a year-over-year growth of 20% [2] - Management attributed the GMV growth to increased unit volume and higher average selling prices [2] Guidance Update - The company raised its full-year revenue guidance for FY 2025 to a range of $687 million – $690 million, up from the previous range of $667 million – $674 million [3] - Adjusted EBITDA guidance was also increased to a range of $37.7 million – $38.7 million, compared to the previous range of $29.0 million – $32.0 million [3] Business Overview - The RealReal operates as an online and physical marketplace that authenticates and sells pre-owned luxury goods, including fashion, jewelry, and watches [4]