Inventory

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

Retrieved on: 
Wednesday, December 6, 2023

HARRISBURG, Pa., Dec. 06, 2023 (GLOBE NEWSWIRE) -- Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today reported financial results for the third quarter ended October 28, 2023.

Key Points: 
  • Gross profit increased 17.9% to $194.1 million in the third quarter of fiscal 2023 from $164.7 million in the third quarter of fiscal 2022.
  • Operating income increased 32.3% to $39.1 million in the third quarter of fiscal 2023 from $29.5 million in the third quarter of fiscal 2022.
  • Operating margin increased 100 basis points to 8.1% in the third quarter of fiscal 2023 from 7.1% in the third quarter of fiscal 2022.
  • Adjusted EBITDA(1) increased 29.5% to $51.1 million in the third quarter of fiscal 2023   from $39.5 million in the third quarter of fiscal 2022.

Lands’ End Announces Third Quarter Fiscal 2023 Results

Retrieved on: 
Tuesday, December 5, 2023

DODGEVILLE, Wis., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Lands’ End, Inc. (NASDAQ: LE) today announced financial results for the third quarter ended October 27, 2023.

Key Points: 
  • DODGEVILLE, Wis., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Lands’ End, Inc. (NASDAQ: LE) today announced financial results for the third quarter ended October 27, 2023.
  • Compared to third quarter of fiscal 2022, which included the results of Lands’ End Japan, International eCommerce net revenue decreased 30.9%.
  • Outfitters Net revenue was $74.3 million for third quarter of fiscal 2023, a decrease of $6.5 million or 8.0% from $80.8 million during the third quarter of fiscal 2022.
  • Adjusted EBITDA was $17.3 million in the third quarter of fiscal 2023 compared to $16.7 million in the third quarter of fiscal 2022.

BOS Reports Financial Results for the Third Quarter of the Year 2023

Retrieved on: 
Thursday, November 30, 2023

RISHON LE ZION, Israel, Nov. 30, 2023 (GLOBE NEWSWIRE) -- BOS Better Online Solutions Ltd. ("BOS" or the "Company") (NASDAQ: BOSC) reported its financial results for the third quarter of the year 2023.

Key Points: 
  • RISHON LE ZION, Israel, Nov. 30, 2023 (GLOBE NEWSWIRE) -- BOS Better Online Solutions Ltd. ("BOS" or the "Company") (NASDAQ: BOSC) reported its financial results for the third quarter of the year 2023.
  • Third Quarter 2023 Statements of Operations Highlights:
    Revenues for the third quarter of 2023 grew by 8.5% to $9.8 million from $9.0 million in the comparable quarter last year.
  • Operating profit for the third quarter of 2023 increased by 87.7% to $441,000 from $235,000 in the comparable quarter last year.
  • EBITDA for the third quarter of 2023 increased by 70.4% to $600,000 from $352,000 in the comparable quarter last year.

Titan Machinery Inc. Announces Results for Fiscal Third Quarter Ended October 31, 2023

Retrieved on: 
Thursday, November 30, 2023

WEST FARGO, N.D., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN) ("Titan" or the "Company"), a leading network of full-service agricultural and construction equipment stores, today reported financial results for the fiscal third quarter ended October 31, 2023.

Key Points: 
  • Ltd. in October 2023 -
    WEST FARGO, N.D., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN) ("Titan" or the "Company"), a leading network of full-service agricultural and construction equipment stores, today reported financial results for the fiscal third quarter ended October 31, 2023.
  • For the third quarter of fiscal 2024, revenue increased to $694.1 million compared to $668.8 million in the third quarter of last year.
  • Equipment revenue was $521.8 million for the third quarter of fiscal 2024, compared to $509.0 million in the third quarter last year.
  • Parts revenue was $115.0 million for the third quarter of fiscal 2024, compared to $108.7 million in the third quarter last year.

Leslie’s, Inc. Announces Fourth Quarter & Fiscal 2023 Financial Results; Provides Fiscal 2024 Outlook

Retrieved on: 
Tuesday, November 28, 2023

The effective rate on our term loan during the fourth quarter of Fiscal 2023 was 8.1% compared to 4.3% during the fourth quarter of Fiscal 2022.

Key Points: 
  • The effective rate on our term loan during the fourth quarter of Fiscal 2023 was 8.1% compared to 4.3% during the fourth quarter of Fiscal 2022.
  • Net cash provided by operating activities was $6.5 million in Fiscal 2023 compared to $66.6 million in Fiscal 2022.
  • Capital expenditures were $38.6 million in Fiscal 2023 compared to $31.7 million in Fiscal 2022.
  • Net cash used for business acquisitions was $15.5 million in Fiscal 2023 compared to $107.7 million in Fiscal 2022.

MetAlert Reports Third Quarter 2023 Summary Update

Retrieved on: 
Tuesday, November 28, 2023

Management commentary by Patrick Bertagna, MetAlert, Inc. CEO:

Key Points: 
  • Management commentary by Patrick Bertagna, MetAlert, Inc. CEO:
    During the third quarter 2023, we took transformative steps to broaden our product line and add new markets in order to increase our revenues and subscriptions.
  • We also saw some positive trends such as a 27% increase in revenues compared to Q3 of 2022 and a 76% increase in revenues over the previous quarter in 2023.
  • During the third quarter of 2023, we also made some advancements in our core human monitoring business.
  • In summary, we took several positive steps forward during this quarter, despite not meeting our revenue targets.

Abercrombie & Fitch Co. Reports Third Quarter Results

Retrieved on: 
Tuesday, November 21, 2023

For purposes of the above table, Abercrombie includes Abercrombie & Fitch and abercrombie kids.

Key Points: 
  • For purposes of the above table, Abercrombie includes Abercrombie & Fitch and abercrombie kids.
  • ET, the company will conduct a conference call and provide additional details around its quarterly results and its outlook for the fourth quarter.
  • Net income (loss) and net income (loss) per share financial measures included herein are attributable to Abercrombie & Fitch Co., excluding net income attributable to noncontrolling interests.
  • Unless otherwise noted, as used in this document, “Abercrombie brands” refers to Abercrombie & Fitch and abercrombie kids and “Hollister brands” refers to Hollister, Gilly Hicks, and Social Tourist.

NIKE, Inc. Reports Fiscal 2024 Second Quarter Results

Retrieved on: 
Thursday, December 21, 2023

NIKE, Inc. (NYSE:NKE) today reported fiscal 2024 financial results for its second quarter ended November 30, 2023.

Key Points: 
  • NIKE, Inc. (NYSE:NKE) today reported fiscal 2024 financial results for its second quarter ended November 30, 2023.
  • In the second quarter, NIKE returned approximately $1.7 billion to shareholders, including:
    Dividends of $523 million, up 9 percent from the prior year.
  • NIKE, Inc. management will host a conference call beginning at approximately 2:00 p.m. PT on December 21, 2023, to review fiscal second quarter results.
  • For those unable to listen to the live broadcast, an archived version will be available at the same location through approximately 9:00 p.m. PT, January 11, 2024.

The Children’s Place Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 16, 2023

SECAUCUS, N.J., Nov. 16, 2023 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE), an omni-channel children’s specialty portfolio of brands with an industry-leading digital-first model, today announced financial results for the third quarter ended October 28, 2023.

Key Points: 
  • SECAUCUS, N.J., Nov. 16, 2023 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE), an omni-channel children’s specialty portfolio of brands with an industry-leading digital-first model, today announced financial results for the third quarter ended October 28, 2023.
  • The third quarter 2023 adjusted operating income deleveraged 160 basis points to 10.0% of net sales versus the prior year’s third quarter.
  • The Company is providing updated guidance for the fourth quarter of 2023 and for the full year 2023.
  • The Children’s Place will host a conference call on Thursday, November 16, 2023 at 8:00 a.m. Eastern Time to discuss its third quarter 2023 results.

Hour Loop Reports Third Quarter 2023 Results

Retrieved on: 
Monday, November 13, 2023

REDMOND, Wash., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Hour Loop, Inc. (NASDAQ: HOUR) (“Hour Loop”), a leading online retailer, announces its financial and operational results for the quarter ended September 30, 2023.

Key Points: 
  • REDMOND, Wash., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Hour Loop, Inc. (NASDAQ: HOUR) (“Hour Loop”), a leading online retailer, announces its financial and operational results for the quarter ended September 30, 2023.
  • “We are pleased to report our third quarter 2023 results, in which we continued to deliver significant revenue growth,” said Sam Lai, CEO of Hour Loop.
  • Gross margin for the third quarter was 52.6%, compared with 50.7% and 45.6% in the second and first quarters of 2023, respectively.
  • For the full year 2023, Hour Loop increased its guidance for gross revenue to be in the range of $145 million to $153 million, representing 40% to 48% year-over-year growth.