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Day: December 7, 2022

Global Black Soldier Fly Market to Hit Sales of $1437.56 Million by 2028 | Black Soldier Fly is Being Looked at as Sustainable Source of Livestock Feed Protein

Global black soldier fly market is valued at USD 175.76 million in 2021, and it is anticipated to attain a value of USD 1,437.56 million by 2028, at a CAGR of 35.10% over the forecast period (2022-2028). Westford, USA, Dec. 07, 2022 (GLOBE NEWSWIRE) — The black soldier fly market is still in its early stages, but SkyQuest is optimistic about its potential. The main drivers of this industry are the increasing global demand for protein and the need for sustainable and environmentally friendly livestock feed. The black soldier fly is a uniquely efficient producer of protein, able to convert organic waste into a high-quality product. This makes it an ideal candidate for large-scale industrial production. Our analysts believes that the black soldier fly market has strong growth potential and could be worth billions of dollars within...

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Organic Skincare Market to Enjoy Sales Revenue Growth of 80% By 2028 | Millennials are the Key Target for Players | SkyQuest Technology

Global organic skincare market was valued at USD 9.75 Billion in 2021, and it is expected to reach a value of USD 17.57 Billion by 2028, at a CAGR of 8.78% over the forecast period (2022–2028). Westford, USA, Dec. 07, 2022 (GLOBE NEWSWIRE) — Organic skincare is one of the fastest growing segments in the global beauty market, with sales increasing by over 20% in the past two year. SkyQuest’s analysis of the organic skincare market reveals that this growth is being driven by a number of factors, including a growing awareness of the benefits of organic ingredients, an increasingly health-conscious consumer base, and a shift towards more natural and sustainable beauty products. In terms of product types, organic facial skincare is the largest category within the organic skincare market, accounting for almost 60% of total sales....

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Hair Care Market to Hit USD 112.97 Billion by 2028 | Industry to Generate 5.6% CAGR during (2021-2028)

Companies covered in Hair Care Market are L’Oréal S.A. (Clichy, France), Coty Inc. (Amsterdam, North-Holland), Henkel AG & Co. KGaA (Düsseldorf, Germany), Unilever PLC (London, United Kingdom), The Procter & Gamble Company (Ohio, United States), Revlon, Inc. (New York, United States), Kao Corporation (Tokyo, Japan), Natura & Co. (State of São Paulo, Brazil), Johnson & Johnson (New Jersey, United States), Aveda Corporation (Minnesota, United States), and more players profiled. Pune, India, Dec. 07, 2022 (GLOBE NEWSWIRE) — According to Fortune Business Insights™, the global hair care market size is expected to showcase exponential growth by reaching USD 112.97 billion by 2028 while exhibiting a CAGR of 5.6% between 2021 and 2028. This information is published by Fortune Business Insights in its latest...

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Ollie’s Bargain Outlet Holdings, Inc. Reports Third Quarter Fiscal 2022 Financial Results

HARRISBURG, Pa., Dec. 07, 2022 (GLOBE NEWSWIRE) — Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today reported financial results for the third quarter ended October 29, 2022. Third Quarter Summary:Total net sales increased 9.0% to $418.1 million.   Comparable store sales increased 1.9%.   The Company opened 15 new stores and closed one store, ending the quarter with 463 stores in 29 states, a year-over-year increase in store count of 8.7%. Operating income decreased 2.3% to $29.5 million and operating margin decreased 80 basis points to 7.1%. Net income was $23.1 million, or $0.37 per diluted share, as compared with $23.2 million, or $0.36 per diluted share, in the prior year. Adjusted net income(1) was $23.0 million, or $0.37 per diluted share, as compared with prior year adjusted net income of $22.0...

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Electrophysiology Market worth $11.6 billion by 2027 – Exclusive Report by MarketsandMarkets™

Chicago, Dec. 07, 2022 (GLOBE NEWSWIRE) — According to the new market research report “Electrophysiology Market by Product (Lab Devices (3D Mapping, Recording), Ablation Catheters (Cryoablation, RF), Diagnostic Catheters (Conventional, Advanced, Ultrasound)), Indication (AF, AVNRT, WPW), End User (Hospitals, ASCs) – Global Forecasts to 2027″, The global electrophysiology market is projected to reach USD 11.6 billion by 2027 from USD 6.8 billion in 2021, at a CAGR of 9.4% during the forecast period of 2022 to 2027. Browse in-depth TOC on “Electrophysiology Market“180 – Tables44 – Figures291 – Pages Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=200003281 Scope of the Report:Report Coverage DetailsMarket Size USD 11.6 billion by 2027...

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Vor Bio Prices Underwritten Offering of Common Stock and Concurrent Private Placement for Aggregate Proceeds of $115.8 Million

CAMBRIDGE, Mass., Dec. 07, 2022 (GLOBE NEWSWIRE) — Vor Bio (Nasdaq: VOR), a clinical-stage cell and genome engineering company, today announced the pricing of an underwritten offering and a private placement, with combined gross proceeds of approximately $115.8 million. In the underwritten offering, Vor Bio has agreed to sell 15,302,267 shares of its common stock at an offering price of $4.30 per share. Before deducting the underwriting discounts and commissions and offering expenses, the company expects to receive total gross proceeds of approximately $65.8 million. All of the shares are to be sold by the company. The offering is expected to close on or about December 9, 2022, subject to satisfaction of customary closing conditions. Evercore Group L.L.C., Stifel, Nicolaus & Company and Oppenheimer & Co. Inc. are acting...

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Emerita Intersects 19.7 Meters Grading 10.9% Zinc, 1.7% Lead and 74.6 G/T Silver at La Romanera Deposit 150 Meters West of Historical Drilling

Figure 1 Plan map showing the projection to surface of the historical La Romanera deposit in red, the outline of the surface projection based on Emerita’s drilling to date in blue and the projection of the conductive plate from the geophysical survey in yellow. The deposit remains open along strike and at depth. As illustrated on the longitudinal sections below, the extent of the massive sulphide deposits has been expanded, although as with the historic estimate, a portion of the massive sulphide is low grade and will fall below cut-off grades.Figure 2 Drill hole location map.Figure 3 Vertical Longitudinal projection of the Upper Lens at the La Romanera Deposit. Note drill hole LR038 approximately 150 m west of the outline representing the limit of the historical drill hole data base.Figure 4 Vertical Longitudinal projection...

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The Lovesac Company Reports Third Quarter Fiscal 2023 Financial Results

Net Sales Growth of 15.5%Comparable Sales Growth of 8.9% STAMFORD, Conn., Dec. 07, 2022 (GLOBE NEWSWIRE) —  The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), the home furnishing brand best known for its Sactionals, The World’s Most Adaptable Couch, today announced financial results for the third quarter of fiscal 2023, which ended October 30, 2022. Shawn Nelson, Chief Executive Officer, stated, “Against a challenging backdrop, Lovesac’s third quarter results provide the latest validation of a well-executed and balanced omni-channel strategy paired with truly innovative products. These results illustrate the continued momentum from our inflecting brand awareness and customer adoption bolstered by our industry-leading in-stock position.” Mr. Nelson continued, “We believe we are well positioned for the all-important...

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THOR Industries Announces First Quarter Fiscal 2023 Results

ANNOUNCES FULL-YEAR FISCAL 2023 OUTLOOK AMID CHALLENGING ENVIRONMENTNet sales for the first quarter were $3.11 billion, a decrease of 21.5% compared to the record first quarter of fiscal 2022 but an increase of 22.5% over the same quarter of fiscal year 2021. Consolidated gross profit margin for the first quarter was 15.7%, a decrease of 90 basis points when compared to the first quarter of fiscal year 2022 but an 80 basis point improvement over the first quarter of fiscal year 2021. Earnings per share for the first quarter were $2.53 per diluted share, down from $4.34 per diluted share in the same period of the prior fiscal year but up from $2.05 per diluted share in the first quarter of fiscal year 2021. Net cash provided by operations for the first quarter of fiscal 2023 was $94.0 million as compared to net cash provided by operations...

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Castellum, Inc. Announces Insider Open-Market Stock Purchases

Castellum, Inc. Announces Insider Open-Market Stock Purchases Castellum, Inc.’s (the “Company”) (NYSE-American: CTM), Mark C. Fuller, Chief Executive Officer, David T. Bell, Chief Financial Officer, and Jay O. Wright, Chief Legal Counsel of the Company, as well as several independent directors of CTM, have recently made open market purchases of Castellum common stock. These purchases were made in open market transactions using personal funds for the individuals accounts – https://castellumus.com/BETHESDA, Md., Dec. 07, 2022 (GLOBE NEWSWIRE) — Castellum, Inc. (the “Company”) (NYSE-American: CTM), a cybersecurity, electronic warfare, data analytics, software, and IT services company focused on the federal government, announced today that Mark C. Fuller, Chief Executive Officer, David T. Bell, Chief Financial Officer,...

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