RICHARDSON, Texas, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Further to the announcement issued by Fossil Group, Inc. (NASDAQ: FOSL) (the “Company”) and its subsidiary, Fossil (UK) Global Services Ltd (the “Plan Company”), on 23 September 2025 regarding the launch of a restructuring plan by the Plan Company under Part 26A of the UK Companies Act 2006 (as amended) (the “Restructuring Plan”) in respect of the Company’s 7.00% Senior Notes due 2026 (the “Notes”) via the issuance of a practice statement letter dated 23 ...

Brilliant Earth Group (NASDAQ: BRLT), a specialty jewelry retailer known for ethically sourced diamonds, is among the top names on Wall Street offering significant dividends for investors.Currently, the company is paying a striking 39.84% dividend yield, an eye-catching figure in a market where most dividend stocks rarely exceed 5%. Year-to-date, BRLT’s share price has gained nearly 17% trading at $2.5 as of press time. BRLT YTD stock price chart. Source: FinboldFor income-seeking investors, however, there ...

Core Insights - The 2025 Fund Her Future grant program by Block Advisors provides $100,000 in grants to women-owned small businesses, including one $50,000 grant and five $10,000 grants, along with one year of business services [1][4] - There was a 30% increase in submissions from the previous year, with over 8,000 applicants, highlighting the growing need for funding and support among women entrepreneurs [1][7] - The recipients of the grants are focused on community service and empowerment, addressing various social issues through their businesses [2][3] Company Overview - H&R Block, through its Block Advisors division, aims to support small businesses with services such as bookkeeping, payroll, tax preparation, and business formation [1][6] - The company emphasizes a blend of digital innovation and human expertise to assist clients in achieving better financial outcomes [9] Recipient Highlights - Amy Peterson's Rebel Nell, which received the $50,000 grant, empowers women by transforming graffiti into jewelry and providing workforce development programs [3][4] - Other recipients include: - Heather Boles with Mozzie Style, creating stylish mosquito net clothing [5] - Adrienne Bitar and Jennifer Han with Seen Nutrition, innovating a dietary calcium supplement [5] - Hilary Cocalis with Sipwell Wine Co., promoting sustainable organic wine [5] - Irene Bekoe with That Good Good Shea, focusing on body care and menstrual product access [5] - Jocelyn Ramirez with Todo Verde, offering gluten-free and vegan products [5] Selection Process - The selection of grant recipients was facilitated by Hello Alice, which supports small business owners and helped narrow down the applicants through a rigorous interview and assessment process [7]

Core Insights - Block Advisors by H&R Block has announced the recipients of its second annual Fund Her Future grant program, providing a total of $100,000 in grants to women-owned small businesses, including one $50,000 grant and five $10,000 grants, along with one year of small business services [1][4] - The program saw a 30% increase in submissions from the previous year, with over 8,000 applicants, highlighting the growing need for funding and support among women entrepreneurs [1][5] - The 2025 grant recipients are focused on community upliftment, with businesses addressing various social issues, from health and education to environmental sustainability [2][6] Company Overview - H&R Block, Inc. provides tax preparation services, financial products, and small-business solutions, blending digital innovation with human expertise [8] - The company aims to inspire confidence in clients and communities through its services, including year-round bookkeeping, payroll, advisory, and payment processing solutions [8] Grant Program Details - The selection process for the Fund Her Future grant was conducted in partnership with Hello Alice, which empowers small business owners with resources and connections [5][7] - Each recipient will receive tailored Block Advisors services to support their unique business journeys, including business formation, bookkeeping, payroll, and tax preparation [4][7] Recipients and Their Missions - Amy Peterson, founder of Rebel Nell, received the $50,000 grant and focuses on empowering women through workforce development and financial literacy [3][4] - Other recipients include businesses like Mozzie Style, Seen Nutrition, Sipwell Wine Co., That Good Good Shea, and Todo Verde, each addressing specific community needs and promoting social impact [6][7]

Core Viewpoint - Fossil Group, Inc. has announced the refinancing of its asset-based lending (ABL) and entered into a Transaction Support Agreement to exchange its outstanding notes, positioning the company for future growth with a stronger balance sheet [1][2]. Group 1: Transaction Details - The Transaction Support Agreement allows holders of Unsecured Notes to participate in a New Money Investment, which is backed by Consenting Noteholders who own approximately 59% of Fossil's 7.00% Senior Notes due 2026 [2][7]. - The company has established a new $150 million asset-based revolving credit facility with Ares Management Credit funds, maturing on August 13, 2030, priced at SOFR plus 500 basis points [7]. - Noteholders can exchange their Unsecured Notes for new First-Out Senior Secured Notes or Second-Out Senior Secured Notes, along with warrants for common stock [8]. Group 2: Restructuring Conditions - If less than 90% of the outstanding principal amount of Unsecured Notes is tendered, the company may proceed with restructuring through the Companies Act 2006 of England and Wales, potentially eliminating all Unsecured Notes [3].

Core Insights - RealReal reported Q2 2025 earnings with GAAP revenue of $165 million, exceeding analyst expectations of $159.7 million, and showing a 14% year-over-year increase from $144.9 million in Q2 2024 [1][5] - Adjusted EPS (Non-GAAP) improved to $(0.06), better than the $(0.09) consensus estimate and the $(0.13) in Q2 2024, reflecting operational progress [1][2] - The company raised its full-year guidance, projecting GMV of $2.030–$2.045 billion and GAAP revenue of $667–$674 million, indicating strong momentum [11] Financial Performance - Q2 2025 GAAP revenue was $165 million, a 14% increase from Q2 2024's $144.9 million [2][5] - Non-GAAP EPS improved by 53.8% year-over-year from $(0.13) to $(0.06) [2] - Adjusted EBITDA reached $6.8 million, a significant turnaround from a loss of $(1.8) million in Q2 2024 [2][6] Operational Highlights - Active buyers increased by 6% year-over-year to 1,001,000, with total orders reaching 868,000 [2][5] - Gross margin improved to 74.3%, up 0.2 percentage points from Q2 2024, attributed to automation and AI tools [2][6] - Consignment revenue grew by 14% to $128.6 million, while direct revenue rose 23% to $20.5 million [5] Business Model and Strategy - RealReal operates an online marketplace for luxury goods, focusing on authentication to build trust and combat counterfeits [3][4] - The company's network effect encourages more consignors and buyers, creating a virtuous cycle [4] - Key initiatives like "Get Paid Now" and referral programs have contributed to supply growth and operational efficiency [7][8] Future Outlook - Management raised guidance for Q3 2025, projecting GMV between $495 and $502 million and adjusted EBITDA of $6.1–$7.1 million [11] - For the full fiscal year, the updated outlook calls for adjusted EBITDA of $29.0–$32.0 million, a significant increase from prior guidance [11] - Investors are advised to monitor cash flow trends, as free cash flow remained negative at $(15) million [12]

Core Viewpoint - Fossil Group, Inc. is set to report its second quarter 2025 financial results on August 13, 2025, after market close, followed by a conference call to discuss the results [1] Company Overview - Fossil Group, Inc. is a global company focused on design, marketing, distribution, and innovation 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, kate spade new york, Michael Kors, Skechers, and Tory Burch [2] - Fossil Group is dedicated to delivering high-quality design and innovation across its brands, supported by an extensive distribution network across various geographies, categories, and channels [2]

Core Insights - Fossil Group, Inc. has appointed Laks Lakshmanan as the Chief Supply Chain Officer, effective June 16, 2025, to enhance its supply chain operations [1][3]. Company Overview - Fossil Group, Inc. specializes in design, marketing, distribution, and innovation of lifestyle accessories, including watches, jewelry, handbags, and more, under a diverse portfolio of owned and licensed brands [6]. Leadership Appointment - Laks Lakshmanan brings over 20 years of supply chain leadership experience, having previously served as Managing Director at Alvarez & Marsal and interim Head of Supply Chain for Fossil [2][4]. - His role will encompass overseeing Fossil's global end-to-end supply chain, including manufacturing, sourcing, distribution, and logistics [2]. Strategic Goals - The CEO of Fossil Group emphasized the importance of building a high-performing leadership team, highlighting Lakshmanan's operational expertise and strategic mindset as crucial for the company's turnaround [3]. - Lakshmanan expressed his commitment to modernizing Fossil's supply chain and enhancing its operational efficiency [3][4]. Previous Experience - Prior to joining Fossil, Lakshmanan held senior roles at Kearney and Target, focusing on supply chain optimization and transformational initiatives [5].

Company Overview - Five Below, Inc. operates as a specialty value retailer in the U.S., offering a variety of products including jewelry, socks, t-shirts, and personal care items at low price points [1]. Investment Philosophy - The investment philosophy focuses on identifying mispriced securities by understanding the financial drivers of a company, often revealed through a DCF model valuation. This approach allows for a flexible investment strategy that considers all prospects of a stock to assess risk-to-reward [1].

Group 1 - Fossil Group, Inc. will report its first quarter 2025 financial results after market close on May 14, 2025 [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 also be archived for replay, providing investors with ongoing access to the information [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 owned and licensed brands, such as Fossil, Michele, Relic, Skagen, Zodiac, Armani Exchange, Diesel, Emporio Armani, kate spade new york, 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]