Month: August 2023

CooperCompanies Announces Third Quarter 2023 Results

Written by Customer Service on August 30, 2023. Posted in Earnings Releases And Operating Results.

SAN RAMON, Calif., Aug. 30, 2023 (GLOBE NEWSWIRE) — CooperCompanies (NYSE: COO) today announced financial results for its fiscal third quarter ended July 31, 2023.Revenue increased 10% year-over-year to $930.2 million. CooperVision (CVI) revenue up 11% to $630.2 million, and CooperSurgical (CSI) revenue up 8% to $300.0 million. GAAP diluted earnings per share (EPS) of $1.71, down $0.27 or 14% from last year’s third quarter. Non-GAAP diluted EPS of $3.35, up $0.16 or 5% from last year’s third quarter. See “Reconciliation of Selected GAAP Results to Non-GAAP Results” below.Commenting on the results, Al White, Cooper’s President and CEO said, “We’re very pleased to report another strong quarter with record quarterly revenues at both CooperVision and CooperSurgical. Our performance reflects...

Victoria’s Secret & Co. Reports second quarter 2023 results within previous guidance range

Written by Customer Service on August 30, 2023. Posted in Earnings Releases And Operating Results.

Expects improving sales trends in the third and fourth quarter with adjusted operating income rate of 5% to 6% for full year 2023 REYNOLDSBURG, Ohio, Aug. 30, 2023 (GLOBE NEWSWIRE) — Victoria’s Secret & Co. (“Victoria’s Secret” or the “Company”) (NYSE: VSCO) today reported 2023 financial results for the second quarter ended July 29, 2023. Chief Executive Officer Martin Waters commented, “We delivered second quarter sales, adjusted operating income and adjusted diluted earnings per share within our guidance range while the macro environment continues to put pressure on our customer base and our core intimates categories. As anticipated, and what was a continuation of first quarter trends, sales performance in the second quarter was particularly challenging in the overall stores and digital intimates market in North America...

Alvotech Reports Financial Results for First Six Months of 2023 and Provides Business Update

Written by Customer Service on August 30, 2023. Posted in Earnings Releases And Operating Results.

Product revenue for the first six months of 2023 increased to $22.7 million, compared to $3.9 million for the same period in 2022Investors, including Teva Pharmaceuticals, subscribed to Alvotech’s subordinated convertible bonds for an aggregate amount of $140 million in July 2023Expanded its existing commercialization partnerships with Teva Pharmaceuticals for the US and with Advanz Pharma for EuropeSettlement reached with Johnson & Johnson securing a US license entry date for AVT04, Alvotech’s biosimilar candidate to Stelara® (ustekinumab), no later than February 21, 2025Management will conduct a business update conference call and live webcast on Thursday August 31, 2023, at 8:00 am ET (12:00 pm GMT)REYKJAVIK, Iceland, Aug. 30, 2023 (GLOBE NEWSWIRE) — Alvotech (NASDAQ: ALVO, or the “Company”), a global biotech...

Alvotech Reports Financial Results for First Six Months of 2023 and Provides Business Update

Written by Customer Service on August 30, 2023. Posted in Earnings Releases And Operating Results.

Product revenue for the first six months of 2023 increased to $22.7 million, compared to $3.9 million for the same period in 2022 Investors, including Teva Pharmaceuticals, subscribed to Alvotech’s subordinated convertible bonds for an aggregate amount of $140 million in July 2023 Expanded its existing commercialization partnerships with Teva Pharmaceuticals for the US and with Advanz Pharma for Europe Settlement reached with Johnson & Johnson securing a US license entry date for AVT04, Alvotech’s biosimilar candidate to Stelara® (ustekinumab), no later than February 21, 2025 Management will conduct a business update conference call and live webcast on Thursday August 31, 2023, at 8:00 am ET (12:00 pm GMT)Alvotech (NASDAQ: ALVO, or the “Company”), a global biotech company specializing in the development and manufacture of biosimilar...

Titan Machinery Inc. Announces Strategic Acquisition of O’Connors

Written by Customer Service on August 30, 2023. Posted in Mergers And Acquisitions.

– Australia’s leading Case IH dealership group with strong presence in high horsepower equipment – – Accretive acquisition generated approximately $0.40 in annual proforma earnings per share – – Acquisition includes strong management team with track record of solid financial performance through a combination of organic and acquisitive growth – – Updates fiscal 2024 modeling assumptions for Transaction – WEST FARGO, N.D., Aug. 30, 2023 (GLOBE NEWSWIRE) — Titan Machinery Inc. (Nasdaq: TITN) (“Titan” or the “Company”), a leading network of full-service agricultural and construction equipment stores, announced today that it has entered into a definitive purchase agreement to acquire J.J. O’Connor & Sons Pty. Ltd. (“O’Connors”), the largest Case IH dealership group in Australia, for...

Five Below, Inc. Announces Second Quarter Fiscal 2023 Financial Results

Written by Customer Service on August 30, 2023. Posted in Earnings Releases And Operating Results.

Q2 Net Sales Increase of 13.5% Q2 Comparable Sales Increase of 2.7% with a 4.5% Increase in Comparable Transactions Q2 EPS Increase of 13.5% to $0.84 PHILADELPHIA, PA, Aug. 30, 2023 (GLOBE NEWSWIRE) — Five Below, Inc. (NASDAQ: FIVE) today announced financial results for the second quarter and year to date period ended July 29, 2023. For the second quarter ended July 29, 2023:Net sales increased by 13.5% to $759.0 million from $668.9 million in the second quarter of fiscal 2022; comparable sales increased by 2.7% versus the second quarter of fiscal 2022. The Company opened 40 new stores and ended the quarter with 1,407 stores in 43 states. This represents an increase in stores of 12.4% from the end of the second quarter of fiscal 2022. Operating income was $58.6 million compared to $56.0 million in the second quarter of fiscal...

NNIT A/S: NNIT updates its financial reporting structure

Written by Customer Service on August 30, 2023. Posted in Earnings Releases And Operating Results.

After the completion of the transformative divestment of the Group’s infrastructure business, NNIT has changed its financial reporting format to reflect its new regional organization and to ensure consistency with internal management reporting. Following the implementation of the new organization on May 2, 2023, NNIT consists of four regions:Region Denmark (excluding life sciences) Region Europe (including life sciences in Denmark) Region US Region AsiaThe new regional structure has been introduced to increase customer proximity and enhance global coordination across regions. From a financial perspective, the four regional P&Ls will include allocated corporate cost such as legal, human resources, finance and global delivery centers. A consolidation of the four regional P&Ls will constitute NNIT’s group P&L and be supplemented...

Philips successfully prices offering of Notes for EUR 500 million to be used for repayment of existing debt, resulting in a debt-neutral effect

Written by Customer Service on August 30, 2023. Posted in Public Companies.

August 30, 2023 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the successful pricing of its issue of EUR 500 million fixed rate notes due 2031 (the “Notes”) under its European Medium Term Note (EMTN) program. The issue of the Notes will have a debt-neutral effect. The net proceeds of the offering will be used for repayment of EUR 500 million utilized and outstanding under the credit facility entered into in Q4 2022 and for general company purposes. The issue price for the Notes is 99.741% with a Coupon of 4.25%, resulting in a yield of 4.289%. The offering was 2.0 times oversubscribed. Settlement and issue of the Notes is scheduled for September 8, 2023. Application has been made for the Notes to be listed on the Official List of the Luxembourg Stock Exchange and...

Verizon Responds: Maui Wildfires

Written by Customer Service on August 30, 2023. Posted in Public Companies.

For media: we have b-roll, pictures and additional information on our emergency response equipment available at our Emergency Resource Center – https://www.verizon.com/about/news/emergency-resource-center What you need to know:Fiber and microwave backhaul solutions deployed in West Maui are providing the level of service customers enjoyed before the fires Verizon extends unlimited call/text/data offer for Maui customers through September 7 Verizon makes a $25,000 to the American Red Cross for direct aid to Maui Community connection center set up outside Verizon store in Lahaina, providing free wifi, use of Internet connected laptops, phones and device chargingHONOLULU, Aug. 30, 2023 (GLOBE NEWSWIRE) — Verizon continues to support West Maui and surrounding areas in response to the devastating wildfires. Here are the latest...

Toll Brothers Opens Regency at Milestone Ranch Active-Adult Community in Idaho

Written by Customer Service on August 30, 2023. Posted in Public Companies.

Regency at Milestone Ranch by Toll BrothersToll Brothers Regency at Milestone Ranch active-adult community is now open in IdahoRegency at Milestone Ranch by Toll Brothers“Toll Brothers Regency communities are designed for the active lifestyles of our 55+ home buyers, and we are thrilled to introduce Regency in Idaho,” said Ryan Hammons, Division President of Toll Brothers in Idaho.STAR, Idaho, Aug. 30, 2023 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the opening of Regency at Milestone Ranch, an active-adult 55+ community offering new luxury homes with personalization opportunities and resort-style amenities. The home builder is hosting a Model Home Grand Opening event that is open to the public on Saturday, September 23 from 1 pm to 3 pm featuring...

Month: August 2023

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Cookie Notice