News
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Green Plains Q4 revenue misses on lower ethanol sales volumes
OverviewBiorefining company's Q4 revenue fell, missing analyst expectationsNet income for Q4 rose to $11.9 mln, reversing a loss from last yearAdjusted EBITDA for Q4 rose to $49.1 mln, aided by 45Z tax creditsOutlookGreen Plains expects at least $188 mln in 45Z-related adjusted EBITDA for 2026Co...Reuters
Thu, Feb 5
Prada-owned Versace appoints Alaia's Pieter Mulier as creative director
MILAN, Feb 5 (Reuters) - Versace, the Italian fashion brand which last year was acquired by rival Prada 1913.HK, said it had appointed as its new creative director Pieter Mulier, the outgoing designer of Richemont-owned CFR.S Alaia.Parisian fashion house Alaia, part of the Swiss luxury goods group t...Reuters
Thu, Feb 5
Pentagon asked to probe SpaceX for potential Chinese ownership
By Echo Wang and Joey Roulette Feb 5 (Reuters) - Democratic U.S. senators on Thursday urged the Pentagon to conduct an immediate review of SpaceX amid allegations that Chinese investors have secretly acquired stakes in the closely held rocket maker, citing potential national security risks, accor...Reuters
Thu, Feb 5
RPT-BREAKINGVIEWS-Google picks most spots on the AI roulette wheel
By Jonathan Guilford NEW YORK, Feb 4 (Reuters Breakingviews) - If the artificial intelligence trade is a casino, why not take as many chances as possible to win? That’s the apparent philosophy at Google owner Alphabet GOOGL.O. Once menaced by fears that chatbots would replace its ubiquitous sear...Reuters
Thu, Feb 5
Bristol Myers forecasts upbeat 2026, expecting Eliquis price cut to pay off
Expects 2026 revenue in a range of $46.0 bln-$47.5 blnLower Eliquis list price will help it avoid US penaltiesQ4 earnings beat Wall Street expectations on Opdivo strengthBy Michael Erman Feb 5 (Reuters) - Bristol Myers Squibb BMY.N on Thursday forecast 2026 results above Wall Street estimates, sa...Reuters
Thu, Feb 5
Energizer Q1 profits beats expectations, helped by APS deal contribution
OverviewBattery maker's fiscal Q1 net sales rose 6.5%, beating analyst expectationsAdjusted EPS for fiscal Q1 beat analyst expectationsCompany reduced debt by over $100 mlnOutlookEnergizer reaffirms fiscal year guidance for organic net sales to be flat to slightly upCompany expects full-year adj...Reuters
Thu, Feb 5
Liquidity Services Q1 profit rises on higher commission rates
OverviewE-commerce marketplace's fiscal Q1 revenue fell 1% yr/yrAdjusted EPS for fiscal Q1 rose 39% yr/yrAdjusted EBITDA for fiscal Q1 increased 38% yr/yrOutlookLiquidity Services expects Q2-FY26 GMV between $375 mln and $415 mlnCompany anticipates double-digit growth in Non-GAAP Adjusted EBITDA...Reuters
Thu, Feb 5
Buckle Q4 net sales rise 5.3% yr/yr
OverviewSpecialty retailer's fiscal Q4 net sales rose 5.3% yr/yr to $399.1 mlnFiscal yr net sales grew 6.6% to $1.298 blnCompany operates 440 stores in 42 states, closed four stores in fiscal JanuaryOutlookCompany did not provide specific guidance for future quarters or yearsResult DriversCOMPAR...Reuters
Thu, Feb 5
Maduro ally Saab arrested in Venezuela, US official says; lawyer denies it
US official says Saab arrested in joint US-Venezuelan moveSaab detained along with Globovision chief, official saysSaab's lawyer denies that he was arrestedVenezuela's top lawmaker says he has no information about the matterBy Jana Winter and Emilio Parodi WASHINGTON, Feb 4 (Reuters) - Ve...Reuters
Thu, Feb 5
XPO Q4 revenue beats on productivity improvements
OverviewFreight transportation firm's Q4 revenue rose 4.7%, beating analyst expectationsAdjusted EPS for Q4 beat analyst expectationsAdjusted EBITDA for Q4 beat analyst expectationsOutlookXPO expects significant acceleration in free cash flow in coming yearsCompany aims for market-leading margin...Reuters
Thu, Feb 5
MasterCraft beats Q2 sales, EPS estimates; to acquire Marine Products Corp
OverviewBoat manufacturer reported fiscal Q2 net sales up 13.2%, beating analyst expectationsAdjusted EPS for fiscal Q2 beat analyst expectationsCompany to acquire Marine Products Corporation in cash and stock transactionOutlookMasterCraft expects full-year fiscal 2026 net sales between $300 mln and...Reuters
Thu, Feb 5
Marine Products Q4 net sales rise on volume and pricing
OverviewFiberglass boat maker's Q4 net sales rose 35% yr/yrNet income for Q4 fell 45% yr/yr due to tax impactsCompany ended Q4 with $43.5 mln cash and no debtResult DriversSALES VOLUME AND PRICING - Net sales rose 35% due to a 22% increase in boats sold and a 12% price/mix increaseTAX IMPACT - N...Reuters
Thu, Feb 5
Tapestry beats Q2 revenue estimates, hikes FY forecast
OverviewAccessories and lifestyle brand's fiscal Q2 revenue grew 14%, beating analyst expectationsNon-GAAP EPS for fiscal Q2 increased 34% yr/yrCompany on track to return $1.5 bln to shareholders in fiscal 2026OutlookTapestry raises fiscal 2026 revenue outlook to over $7.75 bln, up from $7.3 bln...Reuters
Thu, Feb 5
Thermon Q3 revenue up 9.6%, beats estimates
OverviewIndustrial process heating firm's Q3 revenue grew 9.6%, beating analyst expectationsAdjusted EPS for Q3 beat analyst expectationsCompany raised full-year fiscal 2026 guidance citing strong bookings momentumOutlookThermon raises full-year fiscal 2026 revenue guidance to $516-$526 mlnCompa...Reuters
Thu, Feb 5
Hershey Q4 sales beat estimates higher price realization and retail demand
OverviewConfectionery giant's Q4 net sales rose 7%, beating analyst expectationsAdjusted EPS for Q4 beat analyst expectationsNorth America Salty Snacks segment grew 28%, aided by LesserEvil acquisitionOutlookHershey expects 2026 full-year net sales to grow 4% to 5%Company projects 2026 full-year...Reuters
Thu, Feb 5
KKR Reorts Q4 Total Rev $5.74 Bln Versus IBES Estimate $2.04 Bln
Feb 5 (Reuters) - KKR & Co Inc KKR.N:KKR Q4 TOTAL REVENUE $5.74 BILLION VERSUS IBES ESTIMATE $2.04 BILLIONKKR Q4 ADJUSTED EPS $1.12 VERSUS IBES ESTIMATE $1.16KKR Q4 AUM $744 BILLION VERSUS IBES ESTIMATE $742.3 BILLIONKKR Q4 FEE RELATED EARNINGS $1 BILLIONKKR: Q4 MANAGEMENT FEES $1.12 BILLIONKKR:...Reuters
Thu, Feb 5
UK PM says he had no reason to doubt Mandelson on Epstein prior to US appointment
LONDON, Feb 5 (Reuters) - British Prime Minister Keir Starmer said on Thursday that he had no reason to doubt former U.S. ambassador Peter Mandelson's account of his relationship with Jeffrey Epstein prior to appointing Mandelson to the Washington position."I had no reason at that stage to t...Reuters
Thu, Feb 5
Cardinal Health Q2 revenue up 19%, beats estimates
OverviewPharmaceutical distributor's fiscal Q2 revenue rose 19%, beating analyst expectationsAdjusted EPS for fiscal Q2 beat analyst expectationsCompany completed $750 mln share repurchase programOutlookCardinal Health raises fiscal year 2026 non-GAAP EPS guidance to $10.15-$10.35Company expects...Reuters
Thu, Feb 5
Canada's Canada Goose Q3 revenue up 14%, beats estimates
OverviewCanada outerwear maker's Q3 revenue grew 14%, beating analyst expectationsAdjusted EPS for Q3 was C$1.43Company opened four new stores, expanding global retail presenceOutlookCanada Goose aims to expand margins through SG&A discipline and marketing efficiencyResult DriversDTC GROWTH ...Reuters
Thu, Feb 5
Olympics-Alpine skiing-Italian trio set pace in men's downhill training
By Martyn HermanBORMIO, Italy, Feb 5 (Reuters) - Italy's speed team laid down a marker on the second training day for the Olympic downhill with Mattia Casse, Florian Schieder and Giovanni Franzoni setting the three quickest times on Thursday.Sparkling sunshine on a crisp day in Bormio provided b...Reuters
Thu, Feb 5
