Tru

MONOGRAM CAPITAL PARTNERS ACQUIRES MAJORITY STAKE IN TRU FRAGRANCE & BEAUTY

Retrieved on: 
Tuesday, April 2, 2024

NEW YORK and WILLOWBROOK, Ill., April 2, 2024 /PRNewswire/ -- Monogram Capital Partners, a Los Angeles-based private equity firm that invests in consumer brands and services companies, has acquired a majority stake in Tru Fragrance & Beauty, the global beauty brand builder whose portfolio includes owned, licensed, and exclusive fragrance and beauty brands sold to national beauty and apparel retailers and direct to consumers.

Key Points: 
  • NEW YORK and WILLOWBROOK, Ill., April 2, 2024 /PRNewswire/ -- Monogram Capital Partners, a Los Angeles-based private equity firm that invests in consumer brands and services companies, has acquired a majority stake in Tru Fragrance & Beauty, the global beauty brand builder whose portfolio includes owned, licensed, and exclusive fragrance and beauty brands sold to national beauty and apparel retailers and direct to consumers.
  • Tru represents Monogram's seventh investment in the beauty space in the past five years.
  • Oliver Nordlinger, Monogram Co-Founder & Partner, added, "We're incredibly excited to partner with Monte, Eric, and the rest of the Tru team to build on their impressive momentum.
  • Willkie Farr & Gallagher LLP and Kilpatrick Townsend & Stockton LLP served as legal advisors to Monogram and Tru, respectively.

ChromaDex Corporation Reports Fourth Quarter and Fiscal Year 2023 Results

Retrieved on: 
Wednesday, March 6, 2024

ChromaDex Corp. (NASDAQ:CDXC) today announced fourth quarter and fiscal year 2023 financial results.

Key Points: 
  • ChromaDex Corp. (NASDAQ:CDXC) today announced fourth quarter and fiscal year 2023 financial results.
  • Maintained positive operating cash flows for a fourth consecutive quarter, ending with $27.3 million in cash and no debt.
  • Additionally, the fourth quarter marked an important milestone with the company achieving positive net income,” said Rob Fried, ChromaDex Chief Executive Officer.
  • ChromaDex ended fiscal year 2023 with $27.3 million in cash and cash equivalents and no debt.

Hilton Reports Fourth Quarter and Full Year Results

Retrieved on: 
Wednesday, February 7, 2024

Hilton Worldwide Holdings Inc. ("Hilton," "the Company," "we," "us" or "our") (NYSE: HLT) today reported its fourth quarter and full year 2023 results.

Key Points: 
  • Hilton Worldwide Holdings Inc. ("Hilton," "the Company," "we," "us" or "our") (NYSE: HLT) today reported its fourth quarter and full year 2023 results.
  • Positive momentum in openings continued throughout the year, with more openings in the fourth quarter than any other quarter in the Company's history.
  • During the quarter, Hilton achieved several growth milestones, opening the 150th Curio Collection by Hilton, the 250th Tru by Hilton and the 1,000th Hilton Garden Inn.
  • Hilton will host a conference call to discuss fourth quarter and full year 2023 results on February 7, 2024 at 9:00 a.m. Eastern Standard Time.

tru Independence Records Explosive Growth, Establishes East Coast Headquarters

Retrieved on: 
Tuesday, December 12, 2023

tru Independence , (“tru”) a national independent advisory platform servicing approximately $12.5 billion in assets, has announced the location of its new headquarters in downtown Philadelphia.

Key Points: 
  • tru Independence , (“tru”) a national independent advisory platform servicing approximately $12.5 billion in assets, has announced the location of its new headquarters in downtown Philadelphia.
  • This choice reflects tru’s growing presence on the East Coast while fulfilling founder and CEO, Craig Stuvland ’s longstanding vision of expanding the firm to serve advisors from coast to coast.
  • The strategic decision to establish an East Coast headquarters at 2400 Market St. followed a year of record-breaking growth for tru in 2023.
  • Several of the advisory teams that joined the tru platform in 2023 are located on the East Coast, necessitating the need for a brick-and-mortar presence.

ChromaDex Corporation Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 8, 2023

ChromaDex Corp. (NASDAQ: CDXC) today announced financial results for the third quarter of 2023.

Key Points: 
  • ChromaDex Corp. (NASDAQ: CDXC) today announced financial results for the third quarter of 2023.
  • Strong gross margin of 61.4%, an increase of 160 basis points, compared to 59.8% from the prior year quarter.
  • Adjusted EBITDA, a non-GAAP measure, was a positive $0.5 million, a $1.7 million improvement from the prior year quarter.
  • In October 2023, Zesty Paws, a prominent name in pet supplements, partnered with ChromaDex to launch a Healthy Aging NAD+ Precursor supplement for pets, featuring Niagen®.

NEW OUT COLD MATTRESS COLLECTION FROM I LOVE PILLOW | I LOVE MATTRESS

Retrieved on: 
Monday, October 23, 2023

MILFORD, Mich., Oct. 23, 2023 /PRNewswire/ -- I Love Pillow | I Love Mattress has crafted a new mattress collection that has revolutionized the consumer sleep experience.

Key Points: 
  • MILFORD, Mich., Oct. 23, 2023 /PRNewswire/ -- I Love Pillow | I Love Mattress has crafted a new mattress collection that has revolutionized the consumer sleep experience.
  • Introducing the Out Cold Renew Mattress Collection, featuring the Restore, Refresh, Renew, and Perfect Fit Mattresses.
  • The Out Cold™ Renew Mattress Collection delivers advanced comfort and sleep wellness.
  • To learn more about I Love Pillow | I Love Mattress and the new Out Cold Renew Collection, visit www.ilovepillow.com

tru Independence Launches $165 Million Independent Advisory Firm 44 North Capital

Retrieved on: 
Tuesday, September 19, 2023

tru Independence , (“tru”) a $10.5 billion and growing national independent advisory platform for investment professionals, today announced its partnership with 44 North Capital (“44 North”), supporting the Vermont-based wirehouse breakaway.

Key Points: 
  • tru Independence , (“tru”) a $10.5 billion and growing national independent advisory platform for investment professionals, today announced its partnership with 44 North Capital (“44 North”), supporting the Vermont-based wirehouse breakaway.
  • The addition of 44 North to tru’s community of advisors marks the fifth team tru has partnered with year to date, totaling $2.1 billion.
  • “The addition of 44 North to the tru advisory community is another great example of our appeal to growth-centric, advisors,” said Amit Dogra , President and Chief Innovation Officer of tru.
  • “Jon and the team at 44 North were looking for solutions that were forward looking, innovative and made the complex business of being an advisory firm simple.

ChromaDex Corporation Reports Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, August 9, 2023

ChromaDex Corp. (NASDAQ:CDXC) today announced financial results for the second quarter of 2023.

Key Points: 
  • ChromaDex Corp. (NASDAQ:CDXC) today announced financial results for the second quarter of 2023.
  • Net loss was $2.2 million or $(0.03) per share, an improvement of $4.2 million, or $0.06 per share, from the prior year quarter.
  • Adjusted EBITDA, a non-GAAP measure, was a positive $0.2 million, a $4.9 million improvement from the prior year quarter.
  • “This was another excellent quarter, delivering 21% year-over-year revenue growth, positive Adjusted EBITDA of $0.2 million and positive operating cash flows for the second consecutive quarter,” said ChromaDex Chief Executive Officer, Rob Fried.

Toshiba TV X9900L, Designed to Bring Enthralling Audio-visual Enjoyment

Retrieved on: 
Wednesday, June 21, 2023

In line with that, Toshiba TV announced an exciting journey back to the past with its #theMemories campaign that roused an impressive global-scale traction.

Key Points: 
  • In line with that, Toshiba TV announced an exciting journey back to the past with its #theMemories campaign that roused an impressive global-scale traction.
  • #theMemories campaign and the Toshiba TV X9900L have since garnered accolades from followers and customers who described the fusion as an amazing and superlative initiative of Toshiba TV.
  • The X9900L OLED TV is another proof of the ongoing Toshiba TV commitment to integrating design, technology, and performance to offer an unparalleled viewing experience.
  • Significantly, the Toshiba TV X9900L embodies the spirit of #theMemories campaign by setting new standards for home entertainment systems.

Toshiba TV X9900L, Designed to Bring Enthralling Audio-visual Enjoyment

Retrieved on: 
Wednesday, June 21, 2023

In line with that, Toshiba TV announced an exciting journey back to the past with its #theMemories campaign that roused an impressive global-scale traction.

Key Points: 
  • In line with that, Toshiba TV announced an exciting journey back to the past with its #theMemories campaign that roused an impressive global-scale traction.
  • #theMemories campaign and the Toshiba TV X9900L have since garnered accolades from followers and customers who described the fusion as an amazing and superlative initiative of Toshiba TV.
  • The X9900L OLED TV is another proof of the ongoing Toshiba TV commitment to integrating design, technology, and performance to offer an unparalleled viewing experience.
  • Significantly, the Toshiba TV X9900L embodies the spirit of #theMemories campaign by setting new standards for home entertainment systems.