Inventory

Endeavour Silver Delivers Strong Production in Q1 2024

Retrieved on: 
Tuesday, April 9, 2024
Silver, Gold, Inventory, EDR, Ventilation, TSX, Guanaceví, Mining

VANCOUVER, British Columbia, April 09, 2024 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) is pleased to report first quarter 2024 production of 1,460,006 silver ounces (oz) and 10,133 gold oz, for silver equivalent (1) (“AgEq”) production of 2.3 million oz.

Key Points: 
  • VANCOUVER, British Columbia, April 09, 2024 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) is pleased to report first quarter 2024 production of 1,460,006 silver ounces (oz) and 10,133 gold oz, for silver equivalent (1) (“AgEq”) production of 2.3 million oz.
  • Consolidated silver production decreased by 10% to 1,460,006 ounces in Q1 2024 compared to Q1 2023, driven by 7% lower silver production at the Guanaceví mine and 32% lower silver production at the Bolañitos mine.
  • Gold production increased by 8% to 10,133 ounces in Q1 2024 compared to Q1 2023 due to 17% higher gold production at the Bolañitos mine, offset by 2% lower gold production at the Guanaceví mine.
  • Bolañitos Q1 2024 throughput was 2% lower than Q1 2023 with 31% lower silver grades offset by 14% higher gold grades.

Hope on the Horizon: CarGurus Q1 2024 Report Reveals Inventory and Demand are Rebounding as Prices Improve

Retrieved on: 
Monday, April 8, 2024
EV, Environment, EVS, Research, Rest, Inventory, Shopper, Online shopping

“Rebounding inventory and moderating prices are fueling pent-up demand in spite of high interest rates.

Key Points: 
  • “Rebounding inventory and moderating prices are fueling pent-up demand in spite of high interest rates.
  • Our research shows sales for both new and used vehicles are, so far, outpacing last year’s levels,” said Kevin Roberts, Director of Industry Insights & Analytics at CarGurus.
  • “While it’s still challenging to find that elusive affordable car, there’s hope for additional price declines as prices normalize closer to inflation-adjusted levels.
  • Unlike inventory trends for more affordable options, shoppers in this segment have access to a 133% increase in inventory compared to Q1 2020.

Lifeist Reports Fourth Quarter 2023 Financial Results

Retrieved on: 
Tuesday, April 2, 2024
Growth, Science, Net, Bank statement, Mikra, Inventory, Self storage

Net revenue from continued operations of $4.7 million in Q4 2023 compared to $6.2 million in Q4 2022.

Key Points: 
  • Net revenue from continued operations of $4.7 million in Q4 2023 compared to $6.2 million in Q4 2022.
  • Operating costs and professional fees increased to $5.6 million in Q4 2023 compared to $5.5 million in Q4 2022.
  • Adjusted EBITDA loss improved to $5.0 million in Q4 2023 compared to $5.5 million in Q4 2022.
  • "Our performance in the fourth quarter of 2023 reflects our strategic focus on high-margin activities and operational efficiency, resulting in the highest quarterly gross profit in our company's history," said Meni Morim, CEO of Lifeist.

Oxford: Owner of Tommy Bahama, Lilly Pulitzer and Johnny Was Reports Fourth-Quarter and Full-Year Fiscal 2023 Results; Posts 11% Annual Sales Growth; Announces 3% Increase in Quarterly Dividend

Retrieved on: 
Thursday, March 28, 2024
Employment, Growth, EPS, Lilly Pulitzer, Capital expenditure, Acquisition, Life, DTC, GAAP, Inventory, Video game

For the fourth quarter, full-price DTC sales were $265 million in fiscal 2023 compared to $258 million in the prior year fourth quarter.

Key Points: 
  • For the fourth quarter, full-price DTC sales were $265 million in fiscal 2023 compared to $258 million in the prior year fourth quarter.
  • Full-price e-commerce sales of $478 million increased $66 million, or 16% for the year, including a $53 million increase for Johnny Was.
  • Outlet sales of $73 million increased $7 million, or 10% for the year, including a $3 million increase for Johnny Was.
  • Capital expenditures in fiscal 2024 are expected to be approximately $200 million compared to $74 million in fiscal 2023.

Lands’ End Announces Fourth Quarter and Full Year Fiscal 2023 Results

Retrieved on: 
Wednesday, March 27, 2024
Growth, End, International, Capital expenditure, Third party, Inventory, Share repurchase, Fiscal, Delta Air Lines, Video game

DODGEVILLE, Wis., March 27, 2024 (GLOBE NEWSWIRE) -- Lands’ End, Inc. (NASDAQ: LE) today announced financial results for the fourth quarter and full year of the fiscal year ended February 2, 2024. The Company also provided the first quarter and full year fiscal 2024 outlook.

Key Points: 
  • Excluding Lands’ End Japan in the fourth quarter of fiscal 2022, Global eCommerce net revenue decreased 0.6%.
  • Compared to fourth quarter of fiscal 2022, which included the results of Lands’ End Japan, International eCommerce Net revenue decreased 20.2%.
  • Outfitters Net revenue was $53.7 million for fourth quarter of fiscal 2023, a decrease of $6.8 million or 11.3% from $60.5 million during the fourth quarter of fiscal 2022.
  • Adjusted EBITDA was $31.7 million in the fourth quarter of fiscal 2023 compared to $24.2 million in the fourth quarter of fiscal 2022.

Hour Loop Reports Full Year 2023 Results

Retrieved on: 
Tuesday, March 26, 2024
Inventory, Growth, Environment, Advertising, Amazon, Cryptocurrency

Redmond, WA, March 26, 2024 (GLOBE NEWSWIRE) -- Hour Loop, Inc. (NASDAQ: HOUR) (“Hour Loop”), a leading online retailer, announces its financial and operational results for the year ended December 31, 2023.

Key Points: 
  • Redmond, WA, March 26, 2024 (GLOBE NEWSWIRE) -- Hour Loop, Inc. (NASDAQ: HOUR) (“Hour Loop”), a leading online retailer, announces its financial and operational results for the year ended December 31, 2023.
  • “We are pleased to report our full year 2023 results, in which we continued to deliver significant revenue growth,” said Sam Lai, CEO of Hour Loop.
  • Inventories as of December 31, 2023, were $14.3 million, compared to $18.8 million as of December 31, 2022.
  • For the full year 2024, Hour Loop is providing guidance for net revenue to be in the range of $145 million to $172 million, representing 10% to 30% year-over-year growth.

Titan Machinery Inc. Announces Results for Fiscal Fourth Quarter and Full Year Ended January 31, 2024

Retrieved on: 
Thursday, March 21, 2024
Growth, Forecasting, Segment, EPS, Acquisition, AG, Inventory, Video game

WEST FARGO, N.D., March 21, 2024 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, today reported financial results for the fiscal fourth quarter and full year ended January 31, 2024.

Key Points: 
  • Equipment revenue was $714.0 million for the fourth quarter of fiscal 2024, compared to $471.0 million in the fourth quarter last year.
  • Parts revenue was $90.8 million for the fourth quarter of fiscal 2024, compared to $72.2 million in the fourth quarter last year.
  • Gross profit for the fourth quarter of fiscal 2024 was $141.0 million compared to $108.9 million in the fourth quarter last year.
  • Australia Segment - Revenue for the fourth quarter of fiscal 2024 was $69.8 million, pre-tax income for the fourth quarter of fiscal 2024 was $4.1 million.

Ollie’s Bargain Outlet Holdings, Inc. Reports Fourth Quarter and Fiscal 2023 Financial Results

Retrieved on: 
Wednesday, March 20, 2024
Growth, Capital expenditure, Insurance, Investment, GAAP, Inventory, Share repurchase, Army, Security (finance)

HARRISBURG, Pa., March 20, 2024 (GLOBE NEWSWIRE) -- Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today reported financial results for the fourth quarter and full-year fiscal 2023.

Key Points: 
  • Gross profit increased 27.4% to $263.0 million in the fourth quarter of fiscal 2023 from $206.5 million in the fourth quarter of fiscal 2022.
  • Gross margin increased 290 basis points to 40.5% in the fourth quarter of fiscal 2023 from 37.6% in the fourth quarter of fiscal 2022.
  • Operating income increased 44.3% to $97.7 million in the fourth quarter of fiscal 2023 from $67.7 million in the fourth quarter of fiscal 2022.
  • Adjusted EBITDA(1) increased 43.2% to $110.6 million in the fourth quarter of fiscal 2023 from $77.2 million in the fourth quarter of fiscal 2022.

Fossil Group, Inc. Reports Fourth Quarter and Fiscal Year 2023 Results

Retrieved on: 
Wednesday, March 13, 2024
Failure, FOSL, Growth, Weakness, Terrorism, Operating cost, Information, Security (finance), Loss, TAG, Annual report, GAAP, Rationalization, Interim, Inventory, Fossil Group, Jewellery, Intellectual property, Regulation, MICHAEL, Video game

RICHARDSON, Texas, March 13, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the fourth quarter and fiscal year ended December 30, 2023. Separately, the Company also announced today that Kosta N. Kartsotis has stepped down as Chief Executive Officer and Jeffrey N. Boyer, Chief Operating Officer, has been appointed Interim CEO, effective immediately.

Key Points: 
  • RICHARDSON, Texas, March 13, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the fourth quarter and fiscal year ended December 30, 2023.
  • As a percentage of net sales, operating expenses were 53.3% in the fourth quarter of 2023 compared to 46.9% in the prior year fourth quarter.
  • Operating margin was (5.7)% in the fourth quarter of 2023 compared to 0.3% in the prior year fourth quarter.
  • Adjusted operating margin was (2.0)% in the fourth quarter of 2023 compared to 0.6% in the prior year fourth quarter.

Alpha Pro Tech, Ltd. Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, March 13, 2024
Consolidated, Growth, REX, COVID-19, Travel, Insurance, Housing, Inventory, Depreciation, Hand, Housewrap, Corporation

Despite these pressures, our synthetic roof underlayment sales also outperformed the market despite being down 3.0% in 2023 compared to 2022.

Key Points: 
  • Despite these pressures, our synthetic roof underlayment sales also outperformed the market despite being down 3.0% in 2023 compared to 2022.
  • Inventory decreased by $4.3 million or 17.5%, to $20.1 million as of December 31, 2023, from $24.4 million as of December 31, 2022.
  • Colleen McDonald, Chief Financial Officer, commented, “As of December 31, 2023, we had $2.2 million available for stock purchases under our stock repurchase program.
  • During the year ended December 31, 2023, we repurchased 951,010 shares of common stock at a cost of $4.0 million.