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VTEX Customers Reached New Heights: Black Friday Edition

Retrieved on: 
Monday, November 27, 2023

VTEX (NYSE: VTEX), the global enterprise digital commerce platform for premier brands and retailers, announced today a global strong performance during the start of the holiday shopping season, with the kickoff of Black Friday*.

Key Points: 
  • VTEX (NYSE: VTEX), the global enterprise digital commerce platform for premier brands and retailers, announced today a global strong performance during the start of the holiday shopping season, with the kickoff of Black Friday*.
  • VTEX Black Friday* 2023 Highlights:
    Black Friday* sales reached the highest peak on November 24th, at 8:47 am ET, when VTEX customers registered 2.8 thousand orders per minute.
  • VTEX enabled 2.8 million consumer orders globally from their preferred brands and retailers during Black Friday* 2023, representing a year-over-year increase of 29%.
  • Along with the global sales growth, the VTEX platform has also delivered scalability, reliability, and security, giving peace of mind to its customers during Black Friday*.

Universal Logistics Holdings Reports Third Quarter 2023 Financial Results; Declares Dividend

Retrieved on: 
Thursday, October 26, 2023

Third Quarter 2023 Operating Revenues: $421.3 million, 16.7% decrease

Key Points: 
  • Third Quarter 2023 Operating Revenues: $421.3 million, 16.7% decrease
    Third Quarter 2023 Operating Income: $36.8 million, 47.3% decrease
    Third Quarter 2023 Earnings Per Share: $0.88 per share, 52.2% decrease
    WARREN, Mich., Oct. 26, 2023 /PRNewswire/ -- Universal Logistics Holdings, Inc. (NASDAQ: ULH) today reported consolidated third quarter 2023 net income of $23.0 million, or $0.88 per basic and diluted share, on total operating revenues of $421.3 million.
  • Third Quarter 2023 Operating Revenues: $208.1 million, 0.7% decrease
    Third Quarter 2023 Operating Income: $35.1 million, 16.9% operating margin
    In the contract logistics segment, which includes our value-added and dedicated services, third quarter 2023 operating revenues decreased 0.7% to $208.1 million, compared to $209.5 million for the same period last year.
  • - Third Quarter 2023 Operating Revenues: $97.1 million, 2.5% decrease
    - Third Quarter 2023 Operating Income: $6.6 million, 6.8% operating margin
    In the trucking segment, third quarter 2023 operating revenues decreased 2.5% to $97.1 million, compared to $99.6 million for the same period last year.
  • Third Quarter 2023 Operating Revenues: $28.1 million, 30.8% decrease
    Third Quarter 2023 Operating (Loss): $(1.1) million, (3.8)% operating margin
    Third quarter 2023 operating revenues in the company-managed brokerage segment decreased 30.8% to $28.1 million compared to $40.6 million for the same period last year.

Universal Logistics Holdings Reports Second Quarter 2023 Financial Results; Declares Dividend

Retrieved on: 
Thursday, July 27, 2023

Second Quarter 2023 Operating Revenues: $412.6 million, 21.7% decrease

Key Points: 
  • Second Quarter 2023 Operating Revenues: $412.6 million, 21.7% decrease
    Second Quarter 2023 Operating Income: $36.4 million, 43.7% decrease
    Second Quarter 2023 Earnings Per Share: $0.90 per share, 46.7% decrease
    WARREN, Mich., July 27, 2023 /PRNewswire/ -- Universal Logistics Holdings, Inc. (NASDAQ: ULH) today reported consolidated second quarter 2023 net income of $23.6 million, or $0.90 per basic and diluted share, on total operating revenues of $412.6 million.
  • Second Quarter 2023 Operating Revenues: $208.8 million, 0.7% increase
    Second Quarter 2023 Operating Income: $32.8 million, 15.7% operating margin
    In the contract logistics segment, which includes our value-added and dedicated services, second quarter 2023 operating revenues increased 0.7% to $208.8 million, compared to $207.3 million for the same period last year.
  • Second Quarter 2023 Operating Revenues: $91.6 million, 41.6% decrease
    Second Quarter 2023 Operating (Loss): $(0.2) million, (0.3)% operating margin
    Operating revenues in the intermodal segment decreased 41.6% to $91.6 million in the second quarter 2023, compared to $156.9 million for the same period last year.
  • Second Quarter 2023 Operating Revenues: $81.2 million, 23.7% decrease
    Second Quarter 2023 Operating Income: $4.4 million, 5.4% operating margin
    In the trucking segment, second quarter 2023 operating revenues decreased 23.7% to $81.2 million, compared to $106.5 million for the same period last year.

Vans Announces New Pinnacle Category: OTW by Vans

Retrieved on: 
Wednesday, June 21, 2023

OTW by Vans is a new vision for the most pinnacle expression of Vans, conceived under the direction of Ian Ginoza, Vice President, Creative Direction for Pinnacle.

Key Points: 
  • OTW by Vans is a new vision for the most pinnacle expression of Vans, conceived under the direction of Ian Ginoza, Vice President, Creative Direction for Pinnacle.
  • A platform for pushing boundaries and challenging conventions, OTW by Vans channels its skateboarding origins to drive a distinct and unique point of view.
  • "We are rooting the next chapter of Vans in the attitude and mindset of the brand's true self, defined and shaped by the community of original disruptors.
  • OTW by Vans is a reorientation back to who we truly are... back to 'Off The Wall'."

Vans Announces New Pinnacle Category: OTW by Vans

Retrieved on: 
Wednesday, June 21, 2023

OTW by Vans is a new vision for the most pinnacle expression of Vans, conceived under the direction of Ian Ginoza, Vice President, Creative Direction for Pinnacle.

Key Points: 
  • OTW by Vans is a new vision for the most pinnacle expression of Vans, conceived under the direction of Ian Ginoza, Vice President, Creative Direction for Pinnacle.
  • A platform for pushing boundaries and challenging conventions, OTW by Vans channels its skateboarding origins to drive a distinct and unique point of view.
  • "We are rooting the next chapter of Vans in the attitude and mindset of the brand's true self, defined and shaped by the community of original disruptors.
  • OTW by Vans is a reorientation back to who we truly are... back to 'Off The Wall'."

Global Video Commerce Market Report 2023: Increased Adoption of Video Commerce Technology by the Fashion Industry Bolsters Growth - ResearchAndMarkets.com

Retrieved on: 
Wednesday, May 31, 2023

The global video commerce market was valued at US$526.72 billion in 2022.

Key Points: 
  • The global video commerce market was valued at US$526.72 billion in 2022.
  • Video commerce has essentially become part of daily life in China, where more than two-third of consumers said that they bought products from a Video Commerce broadcast in 2022.
  • The video commerce market has also been flourishing in India as the number of video commerce consumers are increasing in India over the years.
  • Growth Drivers: The global video commerce market growth is predicted to be supported by numerous growth drivers such as increasing video commerce penetration in e-commerce, increased adoption of video commerce technology by the fashion industry, escalating social commerce market, an increasing number of internet users, surging gen Z and millennial population, advantages of video commerce over other forms of commerce, and many other factors.

Global Video Commerce Market Report 2023: Sector to Reach $2.79 Trillion by 2028 from $526 Billion in 2022

Retrieved on: 
Saturday, May 13, 2023

The global video commerce market was valued at US$526.72 billion in 2022.

Key Points: 
  • The global video commerce market was valued at US$526.72 billion in 2022.
  • Video commerce has essentially become part of daily life in China, where more than two-third of consumers said that they bought products from a Video Commerce broadcast in 2022.
  • The video commerce market has also been flourishing in India as the number of video commerce consumers are increasing in India over the years.
  • Growth Drivers: The global video commerce market growth is predicted to be supported by numerous growth drivers such as increasing video commerce penetration in e-commerce, increased adoption of video commerce technology by the fashion industry, escalating social commerce market, an increasing number of internet users, surging gen Z and millennial population, advantages of video commerce over other forms of commerce, and many other factors.

Vera Bradley Inc. Provides Fiscal Year 2023 Corporate Social Responsibility and Sustainability Update

Retrieved on: 
Monday, May 1, 2023

FORT WAYNE, Ind., May 01, 2023 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq: VRA) (the “Company”) today provided an update on its environmental, social, and governance (“ESG”) efforts as demonstrated by the three pillars of Caring for People, Caring for the Planet, and Ensuring Good Governance.

Key Points: 
  • FORT WAYNE, Ind., May 01, 2023 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq: VRA) (the “Company”) today provided an update on its environmental, social, and governance (“ESG”) efforts as demonstrated by the three pillars of Caring for People, Caring for the Planet, and Ensuring Good Governance.
  • “Vera Bradley, Inc. is committed to responsible, transparent business practices,” noted Jackie Ardrey, CEO of Vera Bradley, Inc. “We believe that credibility, integrity, and trustworthiness, along with our core values, are critical components of the current and future success of our business.
  • “As we restore our brands to health and drive transformation of our Company, we remain committed to both material financial and non-financial ESG aspects of our business.
  • I especially want to thank our Associates for their commitment to driving change and all they do to make Vera Bradley, Inc. a great place to work.”
    For more information on Vera Bradley, Inc.’s ESG efforts and to read the Company’s Fiscal Year 2023 Corporate Social Responsibility and Sustainability Report, visit www.verabradley.com/esg .

Universal Logistics Holdings Reports First Quarter 2023 Financial Results; Declares Dividend

Retrieved on: 
Thursday, April 27, 2023

First Quarter 2023 Operating Revenues: $437.4 million, 16.5% decrease

Key Points: 
  • First Quarter 2023 Operating Revenues: $437.4 million, 16.5% decrease
    First Quarter 2023 Operating Income: $38.2 million, 34.0% decrease
    First Quarter 2023 Earnings Per Share: $0.95 per share, 39.1% decrease
    WARREN, Mich., April 27, 2023 /PRNewswire/ -- Universal Logistics Holdings, Inc. (NASDAQ: ULH) today reported consolidated first quarter 2023 net income of $24.9 million, or $0.95 per basic and diluted share, on total operating revenues of $437.4 million.
  • First Quarter 2023 Operating Revenues: $211.3 million, 4.8% increase
    First Quarter 2023 Operating Income: $27.8 million, 13.1% operating margin
    In the contract logistics segment, which includes our value-added and dedicated services, first quarter 2023 operating revenues increased 4.8% to $211.3 million, compared to $201.6 million for the same period last year.
  • First Quarter 2023 Operating Revenues: $79.7 million, 18.2% decrease
    First Quarter 2023 Operating Income: $3.8 million, 4.8% operating margin
    In the trucking segment, first quarter 2023 operating revenues decreased 18.2% to $79.7 million, compared to $97.5 million for the same period last year.
  • First Quarter 2023 Operating Revenues: $34.0 million, 47.9% decrease
    First Quarter 2023 Operating (Loss): $(0.4) million, (1.1)% operating margin
    First quarter 2023 operating revenues in the company-managed brokerage segment decreased 47.9% to $34.0 million compared to $65.2 million for the same period last year.

Women's Basketball and College Football Dominate the NIL Industry in 2022-23

Retrieved on: 
Wednesday, March 22, 2023

STAMFORD, Conn., March 22, 2023 /PRNewswire/ -- SponsorUnited, the leading global sports and entertainment intelligence platform tracking 1.1 million sponsorships, media, and endorsements across 250,000 brands and properties spanning sports, media, music, and entertainment, today released its 2022-23 NIL Marketing Partnerships Report, offering an in-depth analysis of more than 1,000 brands, 2,000 deals, and 2,150 posts by NIL athletes.

Key Points: 
  • SponsorUnited revealed that NIL (Name, Image, & Likeness) deals surged 146% year-over-year (YoY), with more than 2,000 deals last year across 16 sports.
  • These pioneering partnerships emerged from the NCAA's landmark decision in July 2021 to allow college athletes to monetize their personal brands by endorsing products and services.
  • Other key findings from the report include:
    College Football Reigns Supreme in NIL Deals: College football players remain at the forefront of the NIL revolution, accounting for 60% of all new deals in 2022.
  • NIL Deals Skyrocket in Women's Basketball: NIL deals for women's college basketball athletes grew 186% in 2022 – clocking in with the second highest percentage of new deals behind football, fueled in part by surging viewership (+11% YoY on ESPN) – compared to a 67% increase in deals for men's basketball athletes.