Inventory

Dorel Reports Fourth Quarter and 2023 Year-End Results

Retrieved on: 
Monday, March 11, 2024
Dorel Industries, COSCO, Traction, Interest, TSX, Inventory, Average cost, Home, Legislation, Bank statement, Environment

Revenue for the fourth quarter was US$138.6 million, down US$12.7 million, or 8.4%, from US$151.3 million last year.

Key Points: 
  • Revenue for the fourth quarter was US$138.6 million, down US$12.7 million, or 8.4%, from US$151.3 million last year.
  • Fourth quarter operating loss was US$12.8 million compared to US$18.3 million last year.
  • It should be noted that the seasonality of our business means that our first quarter, while substantially better than the prior year comparison, will not match 2023’s strong fourth quarter performance,” commented Dorel President & CEO, Martin Schwartz.
  • Dorel Industries Inc. will hold a conference call to discuss these results on Tuesday, March 12, 2024 at 11:00 AM Eastern Time.

Abercrombie & Fitch Co. Reports Fourth Quarter and Full Year Results

Retrieved on: 
Wednesday, March 6, 2024
Depreciation, Hamas, Inventory, Terrorism, Use, Calendar, Abercrombie & Fitch, Information, Climate change, Capital expenditure, GAAP, Comparable, URL, Privacy, Security (finance), ABL, Failure, Bank

(6) Abercrombie brands includes Abercrombie & Fitch and abercrombie kids.

Key Points: 
  • (6) Abercrombie brands includes Abercrombie & Fitch and abercrombie kids.
  • A presentation of fourth quarter and full year results will be available in the “Investors” section at corporate.abercrombie.com at approximately 7:30 AM ET, today.
  • Net income and net income per share financial measures included herein are attributable to Abercrombie & Fitch Co., excluding net income attributable to noncontrolling interests.
  • As used in this document, unless otherwise defined "Hollister brands" refers to Hollister and Gilly Hicks and "Abercrombie brands" refers to Abercrombie & Fitch and abercrombie kids.

Dassault Aviation: 2023 Annual Results Financial Release

Retrieved on: 
Wednesday, March 6, 2024
Acquisition, Share repurchase, Research, Dassault/Dornier Alpha Jet, Inventory, Exercise, Annual report, Holding company, Albatross, Element, Mirage, FCAS, Annual, Bank statement, 6X, Cryptocurrency

2023 adjusted financial income was EUR 210 million compared to EUR 11 million in 2022.

Key Points: 
  • 2023 adjusted financial income was EUR 210 million compared to EUR 11 million in 2022.
  • The calculation of this indicator is detailed in the consolidated financial statements (see Note 9 of the December 31, 2023, consolidated financial statements).
  • This Financial Press Release may contain forward-looking statements which represent objectives and cannot be construed as forecasts regarding the Company's results or any other performance indicator.
  • Adjusted financial data are subject to the verification procedures applicable to all information provided in the annual report.

The Vita Coco Company Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, February 28, 2024
International, Investment, Share repurchase, Marketing, Inventory, Transport, Growth, Entrepreneurship, GAAP, Webcast, COCO, Tax, Uncertainty, Movement, Depreciation, Pharmaceutical industry

NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) (“Vita Coco” or “the Company”), a leading high-growth platform of better-for-you beverage brands, today announced financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) (“Vita Coco” or “the Company”), a leading high-growth platform of better-for-you beverage brands, today announced financial results for the fourth quarter and full year ended December 31, 2023.
  • Net sales grew 15% to $494 million, driven by strong 14% net sales growth and 11% volume growth of Vita Coco Coconut Water.
  • Gross profit was $40 million for the fourth quarter of 2023, compared to $22 million for the fourth quarter ended December 31, 2022.
  • Non-GAAP Adjusted EBITDA1 for the fourth quarter of 2023 was $8 million, compared to $4 million in the fourth quarter of 2022.

Genesco Inc. Reports Fiscal 2024 Fourth Quarter and Full Year Results

Retrieved on: 
Friday, March 8, 2024
Retail, Technology, Footwear, Other Consumer, Women, Online Retail, Other Retail, Discount, Variety, Children, Men, Electronic Commerce, Specialty, Family, Consumer, Fashion, Square, Analysis, Depreciation, Johnston & Murphy, Conversation, Journey, Pressure, Weather, Risk, Share repurchase, Marketing, Conference proceedings, Inventory, Growth, ESG, Tenant, Pandemic, Weakness, Holiday, GAAP, Public expenditure, Result, Foreign, Fiscal, Public, Video game

Adjusted operating margin was 5.2% of sales in the fourth quarter of Fiscal 2024 and 7.0% in the fourth quarter last year.

Key Points: 
  • Adjusted operating margin was 5.2% of sales in the fourth quarter of Fiscal 2024 and 7.0% in the fourth quarter last year.
  • The effective tax rate for the quarter was 43.0% in Fiscal 2024 compared to 19.1% in the fourth quarter last year.
  • GAAP earnings from continuing operations were $20.3 million in the fourth quarter of Fiscal 2024 compared to $39.2 million in the fourth quarter last year.
  • Total debt at the end of the fourth quarter of Fiscal 2024 was $34.7 million compared with $44.9 million at the end of last year’s fourth quarter.

Amer Sports Reports Fourth Quarter and Fiscal Year 2023 Financial Results and Provides 2024 Outlook and Long-Term Financial Algorithm

Retrieved on: 
Tuesday, March 5, 2024
Other Sports, General Sports, Sports, Racket (sports equipment), Amer Sports, Marketing, Golf, Inventory, Growth, Baseball, Tennis, Sport, IPO, Channel, EPS, Acceleration, DTC

Amer Sports Inc. (NYSE: AS) (“Amer Sports” or the “Company”) today announced its financial results for the fourth quarter and fiscal year 2023.

Key Points: 
  • Amer Sports Inc. (NYSE: AS) (“Amer Sports” or the “Company”) today announced its financial results for the fourth quarter and fiscal year 2023.
  • By channel, DTC expanded 37% led by Technical Apparel in Americas and Greater China, with strength in both stores and online.
  • Operating profit for 4Q 2023 was $60 million compared to operating loss of $58 million for 4Q 2022.
  • SG&A deleverage drove a 215 basis point decline in 4Q 2023 adjusted operating profit margin to 10.4% compared to 4Q 2022.

Services PMI® at 52.6%; February 2024 Services ISM® Report On Business®

Retrieved on: 
Tuesday, March 5, 2024
Retail, Real estate, Political moderate, Labour, Entertainment, Backlog, Renting, Growth, Public utility, Index, CFPM, Commodity, Season, Inventory, Forestry, Education minister, Science, Welfare, Business, Foodservice, Brass, CPSM, Employment, Transport, Service, Public administration, Arms industry

TEMPE, Ariz., March 5, 2024 /PRNewswire/ -- Economic activity in the services sector expanded in February for the 14th consecutive month as the Services PMI® registered 52.6 percent, say the nation's purchasing and supply executives in the latest Services ISM® Report On Business®. The sector has grown in 44 of the last 45 months, with the lone contraction in December 2022.

Key Points: 
  • TEMPE, Ariz., March 5, 2024 /PRNewswire/ -- Economic activity in the services sector expanded in February for the 14th consecutive month as the Services PMI® registered 52.6 percent, say the nation's purchasing and supply executives in the latest Services ISM® Report On Business®.
  • "The Supplier Deliveries Index registered 48.9 percent, 3.5 percentage points lower than the 52.4 percent recorded in January.
  • The index returned to contraction — indicating that supplier delivery performance was faster after one month in expansion (or 'slower') territory.
  • Now that we have absorbed changes and restructured strategic plans, we are on a course for a successful 2024."

Philip R. Lane: The banking channel of monetary policy

Retrieved on: 
Friday, February 16, 2024
Online, BSI, Specialization, BLS, Exercise, House, History, AnaCredit, NFPS, Policy, Imir, NII, ECB, T3, BVAR, CES, Housing, Composite, SHSS, Bank, Outlook, IRB, Eurozone, Total, Level, IBoxx, Supervision, Inventory, Deutsche Bundesbank, MFI, Universal, T2, Business, MIR, IHS Markit, Excess, QSA, Florence School, Insurance, Eurosystem, Household, G-SIB, Lombard, T+2, Observation, Rubric, Credit, ILM, Fused quartz

for rates, credit growth in deviation from the start of the cycle (t) in p.p.

Key Points: 
    • for rates, credit growth in deviation from the start of the cycle (t) in p.p.
    • Starting months correspond to the month immediately preceding the first hike or explicit announcement of the hike of the cycle.
    • The dotted lines shows counterfactuals for lending rates and lending volumes, taking December 2021 as the last observation and
      projecting volumes conditional on the path of monetary policy rates.
    • The one for lending volumes is based on the BVAR model in Altavilla,
      Giannone, and Lenza (2016).
    • Composite funding costs are a weighted average of deposit rates
      and average monthly bond yields, with outstanding amounts as weights.
    • Right chart shows
      the contributions of the components to the change in the composite bank funding cost
      between December 2021 and November 2023.
    • Latest observations: 8 February 2024 for bond yields; December 2023 for other series.
    • Notes: ?Others? include shares (listed and not listed as well as those issued by investment
      funds), and insurance and pension schemes.
    • Retail

      Specialised

      Universal

      10

      10

      8

      8

      6

      6

      4

      4

      2

      2

      0

      0

      -2

      -2

      -4
      Jan-20 Aug-20 Mar-21 Oct-21 May-22 Dec-22 Jul-23

      -4

      Sources: ECB (iBSI, iMIR) MPC Task Force on Banking Analysis and ECB calculations.

    • Investment refers to the net
      change in property plant and equipment over assets; cash refers to cash and cash
      equivalents over assets.
    • Households
      loans, credit standards and loan demand
      Rubric
      Changes in credit standards for
      loans to households, and
      contributing factors
      (net percentage)

      0

      30

      -40

      20

      Sources: ECB (BSI) and ECB calculations.

    • Low-income households are those in the bottom 20 per cent
      of the income distribution; high-income households are those in the top 20 per cent.

SharkNinja Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, February 15, 2024
Retail, Home Goods, Other Consumer, Consumer, Research, Ice cream, Investment, Marketing, Inventory, Food, Culture, Growth, Travel, JS Global, Capital expenditure, Webcast, DTC, Pharmaceutical industry

SharkNinja, Inc. (“SharkNinja” or the “Company”) (NYSE: SN), a global product design and technology company, today announced its financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • SharkNinja, Inc. (“SharkNinja” or the “Company”) (NYSE: SN), a global product design and technology company, today announced its financial results for the fourth quarter and year ended December 31, 2023.
  • Net sales increased 16.5% to $1,377.5 million and Adjusted Net Sales increased 19.7% to $1,377.5 million.
  • Net sales increased 14.4% to $4,253.7 million and Adjusted Net Sales increased 15.4% to $4,176.2 million.
  • Adjusted Gross Profit increased 50.4% to $652.7 million, or 47.4% of Adjusted Net Sales, compared to $434.0 million, or 37.7% of Adjusted Net Sales in the fourth quarter of 2022.

Cemtrex Reports First Quarter 2024 Financial Results

Retrieved on: 
Monday, February 12, 2024
Acquisition, Operating cost, Valerus, AIS, AI, School, Inventory, Growth, Government, University, Safety, VMS, Roughneck, Heisey, Security, Student, Video game

Brooklyn, NY, Feb. 12, 2024 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, has reported its unaudited financial and operational results for the first quarter ended December 31, 2023.

Key Points: 
  • Brooklyn, NY, Feb. 12, 2024 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, has reported its unaudited financial and operational results for the first quarter ended December 31, 2023.
  • Cemtrex Chairman and CEO, Saagar Govil, commented on the results: “The first quarter continued our momentum with ongoing growth in our Security and Industrial segments.
  • Operating loss for the first quarter of 2024 was $0.7 million as compared to an operating loss of $2.0 million for the first quarter of 2022.
  • Cemtrex Chief Executive Officer Saagar Govil and Chief Financial Officer Paul Wyckoff will host the conference call, followed by a question-and-answer period.