AUR

Tapestry, Inc. Delivers Record First Quarter Revenue and EPS

Retrieved on: 
Thursday, November 9, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231109208328/en/
    Joanne Crevoiserat, Chief Executive Officer of Tapestry, Inc., said, “We achieved record first quarter revenue and EPS as we continued to successfully advance our strategic growth agenda against a dynamic external backdrop.
  • During the quarter, we drove revenue gains at constant currency, significant gross margin expansion, and high-teens adjusted EPS growth.
  • Excluding a 130 basis point headwind from currency due to the appreciation of the U.S. Dollar, revenue increased approximately 2% versus last year.
  • On a reported basis, the tax rate for the quarter was 18.2% or 18.3% on a non-GAAP basis.

Ralph Lauren Reports Second Quarter Fiscal 2024 Results Ahead of Expectations

Retrieved on: 
Wednesday, November 8, 2023

In the second quarter of Fiscal 2024, revenue increased 3% to $1.6 billion on a reported basis and was up 2% in constant currency.

Key Points: 
  • In the second quarter of Fiscal 2024, revenue increased 3% to $1.6 billion on a reported basis and was up 2% in constant currency.
  • Operating income for the second quarter of Fiscal 2024 was $164 million and operating margin was 10.1% on a reported basis.
  • Net income in the second quarter of Fiscal 2024 was $147 million, or $2.19 per diluted share on a reported basis.
  • To access the conference call, listeners should dial in by 8:45 A.M. Eastern and request to be connected to the Ralph Lauren Second Quarter 2024 conference call.

Aurora to Present at the D.A. Davidson Technology Summit

Retrieved on: 
Tuesday, November 7, 2023

Aurora Innovation, Inc. (NASDAQ: AUR) today announced David Maday, Chief Financial Officer, will participate in a fireside chat at the D.A.

Key Points: 
  • Aurora Innovation, Inc. (NASDAQ: AUR) today announced David Maday, Chief Financial Officer, will participate in a fireside chat at the D.A.
  • Davidson Technology Summit on November 16, 2023 at 11:00 am Eastern Time.
  • The presentation will be webcast on Aurora’s investor relations website at ir.aurora.tech .
  • A replay of the webcast will be available for 30 days following the live presentation.

Aurora Opens First Commercial-Ready Route for its Planned Driverless Truck Launch in Late 2024

Retrieved on: 
Wednesday, November 1, 2023

Nearly half of all truck freight in Texas moves along the I-45 between Dallas and Houston, making this corridor an ideal route for Aurora’s commercial launch.

Key Points: 
  • Nearly half of all truck freight in Texas moves along the I-45 between Dallas and Houston, making this corridor an ideal route for Aurora’s commercial launch.
  • Similar to its first terminal in South Dallas , Aurora’s new terminal in Houston is designed to support and service driverless trucks at a commercial scale.
  • View the full release here: https://www.businesswire.com/news/home/20231101915707/en/
    Aurora autonomous truck outside Aurora's new Houston terminal designed to support and service driverless trucks at a commercial scale.
  • (Credit: Aurora)
    “Opening a driverless trucking lane flanked by commercially-ready terminals is an industry-first that unlocks our ability to launch our driverless trucking product,” said Sterling Anderson, Co-Founder and Chief Product Officer at Aurora.

Aurora Announces Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 1, 2023

Aurora Innovation, Inc. (NASDAQ: AUR) today announced its third quarter 2023 results.

Key Points: 
  • Aurora Innovation, Inc. (NASDAQ: AUR) today announced its third quarter 2023 results.
  • Aurora’s shareholder letter, including its financial results, are available on its investor relations website at ir.aurora.tech .
  • “The third quarter was a period of intense focus on execution and capital discipline at Aurora,” said Chris Urmson, Co-Founder and Chief Executive Officer at Aurora.
  • “Through these efforts, we are making strong progress toward closing our Safety Case, readying our hardware kit for commercial launch, and further improving the Aurora Driver's performance in commercial settings.

Aurora to Host Third Quarter 2023 Business Review Conference Call on November 1, 2023

Retrieved on: 
Wednesday, October 11, 2023

Aurora Innovation, Inc. (NASDAQ: AUR) today announced it will release third quarter 2023 results after market close on November 1, 2023 and will host a business review conference call that day at 5:00 p.m. Eastern time.

Key Points: 
  • Aurora Innovation, Inc. (NASDAQ: AUR) today announced it will release third quarter 2023 results after market close on November 1, 2023 and will host a business review conference call that day at 5:00 p.m. Eastern time.
  • The conference call will be webcast on Aurora’s investor relations website at ir.aurora.tech .
  • A replay of the webcast will be available for 30 days following the call.

Lockheed Martin's Next Generation Interceptor Program Advances Through Major Design Milestone

Retrieved on: 
Monday, October 16, 2023

HUNTSVILLE, Ala., Oct. 16, 2023 /PRNewswire/ -- Lockheed Martin's (NYSE: LMT) Next Generation Interceptor (NGI) program executed its digital All Up Round (AUR) Preliminary Design Review (PDR), in partnership with the Missile Defense Agency (MDA), on September 29. The company remains on-plan to deliver NGI on an accelerated schedule for the warfighter.

Key Points: 
  • HUNTSVILLE, Ala., Oct. 16, 2023 /PRNewswire/ -- Lockheed Martin's (NYSE: LMT) Next Generation Interceptor (NGI) program executed its digital All Up Round (AUR) Preliminary Design Review (PDR), in partnership with the Missile Defense Agency (MDA), on September 29.
  • These tools ultimately drive affordability within the program, as the company progresses to deliver a capable, mature, and reliable interceptor to the MDA.
  • Some of these include validating the program's approach to sensing threats and Lockheed Martin's flight computer which successfully communicated to major NGI subsystems.
  • This latest PDR milestone means Lockheed Martin's NGI program has progressed solidly in its design work.

From France to Italy, Hungary to Sweden, voting intentions track the far-right's rise in Europe

Retrieved on: 
Wednesday, October 4, 2023

A little over a year since leader of Fratelli d'Italia Georgia Meloni rose to power in Italy, the latest data spells out a clear message: she is not the only ultraright politician surfing on voters’ anxieties. In fact, we may be entering a new cycle of far-right extremism across the continent, with heavy stakes for the next European elections in June 2024.A far right momentLast year, in France, Marine Le Pen won an all-time record-high 41.5% of the vote in the second round of the presidential election.

Key Points: 


A little over a year since leader of Fratelli d'Italia Georgia Meloni rose to power in Italy, the latest data spells out a clear message: she is not the only ultraright politician surfing on voters’ anxieties. In fact, we may be entering a new cycle of far-right extremism across the continent, with heavy stakes for the next European elections in June 2024.

A far right moment

    • Last year, in France, Marine Le Pen won an all-time record-high 41.5% of the vote in the second round of the presidential election.
    • In Hungary, Fidesz took 54% of the vote in the parliamentary elections, landing Viktor Orbán a fourth consecutive term.
    • In Eastern and central Europe, the far right is on the rise in Estonia, Croatia, Romania and Bulgaria.

Multiple layers of resentment

    • Their nationalist and anti-establishment rhetoric resonates with growing political discontent among citizens, along with popular demand for authoritative and strong leadership.
    • According to the region, ultraright politicians have taken a variety of stances toward Russia.
    • The European elections of June 2024 are likely to see the far right entrench itself more deeply into the political landscape.

Voting intentions and seat projections for far-right parties in Europe

    • Marine Le Pen has already begun a diplomatic blitz to rally her European far-right allies, and recently launched an offensive against Giorgia Meloni, her main rival for far-right leadership in Europe.
    • In Hungary, Viktor Orbán is set to secure about his 2019 level of support, but is still isolated within the European far right.

Cutting cordon sanitaires

    • In many countries, far-right parties have achieved a strategic equilibrium between government credibility and radical politics.
    • Soon Austria may be added to the list, and possibly Belgium where the growing popularity of the Vlaams Belang is putting the country’s cordon sanitaire under greater strain.
    • Such contagion has been most visible in the co-optation of far right’s restrictive immigration policies in those countries.

How European parliamentary blocs could evolve

    • Other far right, pro-Russian parties such as Orban’s Fidesz remain with the Non-Inscrits (unaffiliated).
    • Bolstered by her success in Italy, Giorgia Meloni is seeking a rapprochement with the European People’s Party (EPP), which would pull the ECR toward the centre of European politics.
    • Meloni’s strategic downplay of European and immigration issues certainly opens the door to a broader alliance of the European right.
    • The chair of the European parliamentary group, Manfred Weber, has clearly indicated that future EPP allies should respect the rule of law and unequivocally support Ukraine, singling out the Polish PiS for its illiberal drift.

Aurora to Present at the Goldman Sachs Communacopia + Technology Conference

Retrieved on: 
Tuesday, August 22, 2023

Aurora Innovation, Inc. (NASDAQ: AUR) today announced Chris Urmson, Co-Founder and Chief Executive Officer, will participate in a fireside chat at the Goldman Sachs Communacopia + Technology Conference on September 5, 2023 at 4:25 pm Pacific Time.

Key Points: 
  • Aurora Innovation, Inc. (NASDAQ: AUR) today announced Chris Urmson, Co-Founder and Chief Executive Officer, will participate in a fireside chat at the Goldman Sachs Communacopia + Technology Conference on September 5, 2023 at 4:25 pm Pacific Time.
  • The presentation will be webcast on Aurora’s investor relations website at ir.aurora.tech.
  • A replay of the webcast will be available for 30 days following the live presentation.

Tapestry, Inc. Delivers Record EPS in Fiscal Year 2023

Retrieved on: 
Thursday, August 17, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230817769329/en/
    Joanne Crevoiserat, Chief Executive Officer of Tapestry, Inc., said, “We achieved record EPS this fiscal year, reinforcing the power of brand building, consumer-centric strategies, and disciplined execution.
  • We drove revenue gains at constant currency, significant gross margin expansion, and double-digit EPS growth despite a rapidly shifting backdrop.
  • Importantly, the acquisition is expected to be immediately accretive to adjusted earnings and support enhanced cash flow and financial returns.
  • The Company expects to report Fiscal 2024 first quarter results on Thursday, November 9, 2023.