Inventory

Rocky Brands, Inc. Announces Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 1, 2023

Rocky Brands, Inc. (NASDAQ: RCKY) today announced financial results for its third quarter ended September 30, 2023.

Key Points: 
  • Rocky Brands, Inc. (NASDAQ: RCKY) today announced financial results for its third quarter ended September 30, 2023.
  • Despite the difficult start to 2023, we were confident that our results for the first half of 2023 reflected macroeconomic headwinds and industry dynamics more than the strength and desirability of our brand portfolio.
  • Interest expense for the third quarter of 2023 was $5.8 million compared with $4.2 million a year ago.
  • The Company's conference call to review third quarter 2023 results will be broadcast live over the internet today, Wednesday, November 1, 2023 at 4:30 pm Eastern Time.

Large Warehouses Embrace Automation: Driving Growth in the Smart Warehousing Market Amid Supply Chain Evolution - ResearchAndMarkets.com

Retrieved on: 
Monday, October 30, 2023

The global smart warehousing market is expected to experience remarkable growth, with projections indicating an increase from USD 20.4 billion in 2023 to a substantial USD 40.5 billion by 2028.

Key Points: 
  • The global smart warehousing market is expected to experience remarkable growth, with projections indicating an increase from USD 20.4 billion in 2023 to a substantial USD 40.5 billion by 2028.
  • This growth is anticipated to occur at a robust compound annual growth rate (CAGR) of 14.6% during the forecast period.
  • These technologies are in high demand due to the growing adoption of IoT, sensors, and AI for optimizing warehouse operations.
  • Smart warehousing solutions play a crucial role in this sector, ensuring visibility and efficient management of medicines and medical devices, tracking expiration dates, and maintaining controlled environmental conditions.

Services PMI® at 51.8%; October 2023 Services ISM® Report On Business®

Retrieved on: 
Friday, November 3, 2023

TEMPE, Ariz., Nov. 3, 2023 /PRNewswire/ -- Economic activity in the services sector expanded in October for the 10th consecutive month as the Services PMI® registered 51.8 percent, say the nation's purchasing and supply executives in the latest Services ISM® Report On Business®. The sector has grown in 40 of the last 41 months, with the lone contraction in December 2022.

Key Points: 
  • The Business Activity Index registered 54.1 percent, a 4.7-percentage point decrease compared to the reading of 58.8 percent in September.
  • "The Supplier Deliveries Index registered 47.5 percent, 2.9 percentage points lower than the 50.4 percent recorded in September.
  • The index returned to contraction territory, indicating that supplier delivery performance was 'faster' in contrast to the 'slowing' status from the previous month.
  • The Backlog of Orders Index registered 50.9 percent, a 2.3-percentage point increase compared to the September reading of 48.6 percent.

Columbia Sportswear Company Reports Third Quarter and First Nine Months 2023 Financial Results; Updates Full Year 2023 Financial Outlook

Retrieved on: 
Thursday, October 26, 2023

(All comparisons are between third quarter 2023 and third quarter 2022, unless otherwise noted.)

Key Points: 
  • (All comparisons are between third quarter 2023 and third quarter 2022, unless otherwise noted.)
  • Net sales increased 3 percent (3 percent constant-currency) to $985.7 million from $955.0 million for the comparable period in 2022.
  • Columbia Sportswear Company plans to report fourth quarter 2023 financial results on Thursday, February 1, 2024 at approximately 4:00 p.m.
  • The Company provides a reconciliation of non-GAAP measures to the most directly comparable financial measure calculated in accordance with GAAP.

FirstCash Reports Third Quarter Results; Net Revenues Increase 20% Driven by Growth in Pawn and AFF Segments; 104 Pawn Stores Added in the Third Quarter through Acquisitions and Store Openings; Upsizes Credit Facility and Declares Quarterly Cash Dividend

Retrieved on: 
Thursday, October 26, 2023

Pawn Stores: 104 pawn locations were added in the third quarter through a combination of acquisitions and store openings.

Key Points: 
  • Pawn Stores: 104 pawn locations were added in the third quarter through a combination of acquisitions and store openings.
  • By market, the Company reported the following store additions:
    U.S. Pawn: 82 total stores were added in the third quarter through acquisitions and new store openings.
  • The Company also purchased the underlying real estate at ten of its existing pawn stores during the third quarter.
  • The increase in total pawn receivables was driven by a 10% increase in total store count coupled with the strong same-store increase.

EQS-News: PUMA SE: PUMA well on track to achieve full-year outlook after Q3

Retrieved on: 
Thursday, October 26, 2023

The PUMA Group continues to benefit from its geographic diversification of the business.

Key Points: 
  • The PUMA Group continues to benefit from its geographic diversification of the business.
  • Consequently, net income decreased by 10.0% to € 131.7 million (Q3 2022: € 146.4 million) and earnings per share amounted to € 0.88 (Q3 2022: € 0.98).
  • Sustained demand for PUMA products, supported by operational agility, led to a further normalization of PUMA inventory levels, in line with expectations.
  • PUMA offers performance and sport-inspired lifestyle products in categories such as Football, Running and Training, Basketball, Golf and Motorsports.

EQS-News: Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG: Slight increase in sales compared to previous year in the third quarter of 2023

Retrieved on: 
Thursday, October 26, 2023

Despite of the adverse conditions in the third quarter, LUDWIG BECK at least kept the previous year's level and ended the quarter on par with 2022.

Key Points: 
  • Despite of the adverse conditions in the third quarter, LUDWIG BECK at least kept the previous year's level and ended the quarter on par with 2022.
  • In online retail, LUDWIG BECK further increased its sales compared to the previous year.
  • LUDWIG BECK generated gross sales of € 59.6m in the first nine months of the fiscal year 2023 (previous year: € 56.4m).
  • In the third quarter, LUDWIG BECK achieved gross sales of € 22.6m at group level (previous year: € 22.4m).

Healthcare & Life Sciences Lead the Charge: Fastest-Growing Segment in the Smart Warehousing Market

Retrieved on: 
Tuesday, October 24, 2023

The global smart warehousing market is expected to experience remarkable growth, with projections indicating an increase from USD 20.4 billion in 2023 to a substantial USD 40.5 billion by 2028.

Key Points: 
  • The global smart warehousing market is expected to experience remarkable growth, with projections indicating an increase from USD 20.4 billion in 2023 to a substantial USD 40.5 billion by 2028.
  • These technologies are in high demand due to the growing adoption of IoT, sensors, and AI for optimizing warehouse operations.
  • The Healthcare & Life Sciences segment is anticipated to witness the fastest-growing CAGR during the forecast period.
  • Smart warehousing solutions play a crucial role in this sector, ensuring visibility and efficient management of medicines and medical devices, tracking expiration dates, and maintaining controlled environmental conditions.

Alcoa Corporation Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, October 18, 2023

Net loss attributable to Alcoa Corporation was $168 million, or $0.94 per share.

Key Points: 
  • Net loss attributable to Alcoa Corporation was $168 million, or $0.94 per share.
  • Additionally, the third quarter results include the benefit of a $58 million valuation allowance reversal on the deferred tax assets of the Company’s subsidiaries in Iceland.
  • Alcoa disclosed before an August 2023 deadline its progress for applicable facilities, in accordance with the ICMM Conformance Protocol.
  • Alcoa will hold its quarterly conference call at 5:00 p.m. Eastern Daylight Time (EDT) on Wednesday, October 18, 2023, to present third quarter 2023 financial results and discuss the business, developments, and market conditions.

Endeavour Silver Reports Q3 2023 Production Results; In-Line with Annual Guidance

Retrieved on: 
Wednesday, October 11, 2023

VANCOUVER, British Columbia, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) reports third quarter 2023 production of 1,148,735 silver ounces (oz) and 9,089 gold oz, for silver equivalent1 (“AgEq”) production of 1.9 million oz.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) reports third quarter 2023 production of 1,148,735 silver ounces (oz) and 9,089 gold oz, for silver equivalent1 (“AgEq”) production of 1.9 million oz.
  • Production continues to track in-line with the 2023 production guidance of 8.6-9.5 million silver equivalent ounces, totaling 6.5 million AgEq oz for the nine months ended September 30, 2023.
  • Bolañitos’ Performance Remained Steady: Strong gold production, higher gold grades and increased throughput were offset by the impact of lower silver production and silver grades.
  • Consolidated silver production decreased 21% to 1,148,735 ounces in Q3, 2023 compared to Q3, 2022, primarily driven by decreased silver production at the Guanacevi mine due to a reduction in silver grade partially offset by higher milling rates.