In this article LULU Follow your favorite stocks CREATE FREE ACCOUNT Lululemon store sign on March 2,, 2026 in London, United Kingdom. Peter Dazeley | Getty Images Lululemon on Wednesday named Heidi O’Neill as the athleisure company's new CEO, effective Sept. 8. The news comes after the company has seen more than a year of disappointing performance and been embroiled in a dramatic proxy battle, wi...
In this article LULU Follow your favorite stocks CREATE FREE ACCOUNT Lululemon store sign on March 2,, 2026 in London, United Kingdom. Peter Dazeley | Getty Images Lululemon on Wednesday named Heidi O’Neill as the athleisure company's new CEO, effective Sept. 8. The news comes after the company has seen more than a year of disappointing performance and been embroiled in a dramatic proxy battle, with founder Chip Wilson criticizing the business. Shares of the company sank more than 5% in extended trading. O'Neill has held multiple roles at Nike, contributing to the sportswear behemoth's growth. She also held positions at Levi Strauss, Hyatt Hotels and Spotify. "Heidi is an inspiring leader and proven, consumer-driven brand strategist, with a rare ability to both imagine a new future for a brand and to create the structure and processes to deliver on that vision," said Marti Morfitt, the company's executive chair of the board of directors, in a statement. "We selected Heidi because of the breadth of her experience, her demonstrated success delivering breakthrough ideas and initiatives at scale, and her ability to be a knowledgeable change and growth agent." O'Neill said in a statement that she plans to focus on building off of the company's core foundation and unlock growth in global markets. O'Neill will start with a base salary of $1.4 million, according to an 8-K filing. "I am humbled by the opportunity and energized by what the team is already building," she said in her statement. "I look forward to joining the company and helping to define and deliver the organization's next chapter of success." Lululemon has been struggling with weak sales and increased competition, as well as mounting costs from tariffs. In its last earnings report , the retailer said it expects tariffs to cost the company $380 million this year. Wilson, Lululemon's largest shareholder, has also been placing increased public pressure on the company to make changes to its board of directors. He ...
Investing.com -- Tesla on Wednesday delivered a quarterly top- and bottom-line beat, sending shares of the electric vehicle maker nearly 4% higher after hours.
Investing.com -- Tesla on Wednesday delivered a quarterly top- and bottom-line beat, sending shares of the electric vehicle maker nearly 4% higher after hours.
Earnings Call Insights: Healthcare Services Group (HCSG) Q1 2026 Management View "We delivered strong first quarter results across revenue, earnings and cash flow, and we have carried that positive momentum into the second quarter," said President, CEO & Director Theodore Wahl. "New client wins and high retention rates drove our year-over-year top line growth" and "we also returned $24 million of ...
Earnings Call Insights: Healthcare Services Group (HCSG) Q1 2026 Management View "We delivered strong first quarter results across revenue, earnings and cash flow, and we have carried that positive momentum into the second quarter," said President, CEO & Director Theodore Wahl. "New client wins and high retention rates drove our year-over-year top line growth" and "we also returned $24 million of capital through our share repurchase program," said President, CEO & Director Theodore Wahl. "Revenue was reported at $462.8 million" and "our 2026 growth plans are oriented around mid-single-digit revenue growth with Q2 revenue in the $465 million to $475 million range," said Chief Communications Officer Matthew McKee. "Cost of services was reported at $386.9 million or 83.6%" and "our goal is to manage cost of services in the 86% range," said Chief Communications Officer Matthew McKee. "On April 7, we amended our existing credit agreement to extend the maturity of our $300 million revolving credit facility to 2031," and "we wrapped up the first quarter with cash and marketable securities of $214.6 million," said Executive VP & CFO Vikas Singh. Outlook "Q2 revenue in the $465 million to $475 million range" vs. $478,775,500.0 (consensus revenue estimate for fiscal Q2 2026 in the provided analysts’ estimates). "Our 2026 growth plans are oriented around mid-single-digit revenue growth" and "sequential revenue growth in the second half of the year compared to the first half of the year," said Chief Communications Officer Matthew McKee. "We still feel that 86% is the right way to go because these events, while favorable, can be lumpy and are not guaranteed to be repeated in subsequent quarters," said Executive VP & CFO Vikas Singh. Financial Results "Net income and diluted earnings per share were reported at $26.1 million and $0.37 per share," said Chief Communications Officer Matthew McKee. "Cash flow from operations was reported at $43.7 million" and "after adjusting for the ...
First Bancorp press release ( FBNC ): Q1 Non-GAAP EPS of $1.13. Revenue of $122.2M. More on First Bancorp Seeking Alpha’s Quant Rating on First Bancorp Historical earnings data for First Bancorp Dividend scorecard for First Bancorp Financial information for First Bancorp
First Bancorp press release ( FBNC ): Q1 Non-GAAP EPS of $1.13. Revenue of $122.2M. More on First Bancorp Seeking Alpha’s Quant Rating on First Bancorp Historical earnings data for First Bancorp Dividend scorecard for First Bancorp Financial information for First Bancorp
Never miss an episode. Follow The Big Take daily podcast today. In a nomination hearing before the Senate Banking Committee, Fed Chair nominee Kevin Warsh fielded an array of questions about his personal finances and economic policy views. There was even a reference to Seinfeld. But one topic loomed largest: the independence of the Fed. On today’s Big Take podcast, host David Gura and Bloomberg’s ...
Never miss an episode. Follow The Big Take daily podcast today. In a nomination hearing before the Senate Banking Committee, Fed Chair nominee Kevin Warsh fielded an array of questions about his personal finances and economic policy views. There was even a reference to Seinfeld. But one topic loomed largest: the independence of the Fed. On today’s Big Take podcast, host David Gura and Bloomberg’s Michael McKee go inside Tuesday’s hearing, where Warsh vowed he wouldn’t be a “sock puppet” for President Trump and laid out some of his vision for the Fed’s future if confirmed. Read more: Warsh Pledges Independence But Dodges Questions on Rates Further listening: How Kevin Warsh Could Shape the Fed We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer. Listen and follow The Big Take on Apple Podcasts , Spotify or wherever you get your podcasts. Terminal clients: Visit NSUB to subscribe. This episode was produced by: David Fox; Editor: Aaron Edwards; Fact-checkers: Eleanor Harrison-Dengate, Julia Press; Sound Design/Engineer: Alex Sugiura; Senior Producer: Naomi Shavin; Senior Editor: Elisabeth Ponsot; Deputy Executive Producer: Julia Weaver; Executive Producer: Nicole Beemsterboer.
Earnings Call Insights: Equity LifeStyle Properties (ELS) Q1 2026 Management view "We continued our long-term record of strong core operations and have maintained our full year normalized FFO guidance of $3.17 per share." (CEO & Non-Independent Vice Chairman Marguerite Nader) "Our manufactured housing portfolio represents approximately 60% of our total revenue, and these properties are currently 9...
Earnings Call Insights: Equity LifeStyle Properties (ELS) Q1 2026 Management view "We continued our long-term record of strong core operations and have maintained our full year normalized FFO guidance of $3.17 per share." (CEO & Non-Independent Vice Chairman Marguerite Nader) "Our manufactured housing portfolio represents approximately 60% of our total revenue, and these properties are currently 94% occupied" and "homeowners represent 97% of our MH portfolio." (CEO Nader) "For the quarter, our websites attracted a combined 1.3 million unique visitors and generated 94,000 online leads" and "we have over 2.4 million fans and followers across several social media networks." (CEO Nader) "We continue our strategy to expand existing communities in areas of high demand and have added more than 1,100 MH sites in Florida since 2020." (President & COO Patrick Waite) "Annual marina revenues experienced occupancy headwinds year-over-year from delays for permits and longer construction time lines for projects related to previous storms" and "we expect these construction projects to be completed late in '26 and into '27." (President Waite) "First quarter normalized FFO was $0.84 per share, in line with our guidance" and "core portfolio NOI growth of 4.9% compared to prior year was slightly ahead of our expectations for the quarter." (Executive VP & CFO Paul Seavey) "We renewed our property and casualty insurance programs, April 1, and the premium decrease year-over-year was approximately 18%." (CFO Seavey) Outlook "Our guidance for 2026 full year normalized FFO is $3.17 per share at the midpoint of our guidance range of $3.12 to $3.22." (CFO Seavey) "We project core property operating income growth of 5.7% at the midpoint of our range of 5.2% to 6.2%." (CFO Seavey) "Full year guidance assumes core MH rent growth in the range of 5.1% to 6.1%" and "full year guidance for combined RV and marina rent growth is 2% to 3%." (CFO Seavey) "The change in expectations for full year growth i...
asbe/iStock via Getty Images Treasury Secretary Scott Bessent said Wednesday that “many” oil-rich U.S. allies in the Persian Gulf and Asia have requested currency swap lines amid economic turbulence from the war with Iran. “Many of our Gulf allies have requested swap lines,” Bessent said, going further than White House assertions on Tuesday that acknowledged only discussions with the United Arab E...
asbe/iStock via Getty Images Treasury Secretary Scott Bessent said Wednesday that “many” oil-rich U.S. allies in the Persian Gulf and Asia have requested currency swap lines amid economic turbulence from the war with Iran. “Many of our Gulf allies have requested swap lines,” Bessent said, going further than White House assertions on Tuesday that acknowledged only discussions with the United Arab Emirates about the topic. The proposed swap lines would provide Gulf nations with dollar liquidity after Iran’s closure of the Strait of Hormuz and missile attacks on economic infrastructure choked critical oil revenues. Bessent explained that swap lines “are to maintain order in the dollar funding markets and to prevent the sale of the U.S. assets in a disorderly way,” adding that “numerous other countries, including some of our Asian allies, have also requested them.” President Donald Trump expressed support for assisting the UAE, telling CNBC that “if I could help them, I would.” Senator Steve Daines, R-Mont., who serves on both the Senate Finance and Foreign Relations committees, said he thinks Bessent “is moving in that direction, and I support him in that.” Democrats, however, are challenging the plan amid rising domestic costs. Senator Chris Van Hollen, from Maryland, questioned Bessent at a hearing: “The war in Iran has already cost us dearly… we’re talking about over a billion dollars a day in taxpayer money, we’re talking about higher gas prices, higher prices overall.” More on US Dollar Index, iShares Trust - iShares MSCI UAE ETF, etc. A New Era For The Fed? Looking Back On Kevin Warsh's U.S. Senate Hearing And Market Reactions The Dollar Is Forecasting Tougher Times Ahead - EUR/USD, AUD/USD And Dollar Index Overview U.S. Dollar Up, Gold/SPY Down EM currencies have weathered ongoing geopolitical risk against the USD – analyst Trump nominates Christopher Phelan to head the Council of Economic Advisers
Shares of CSX ( CSX ) were trending higher in after-hours trading, with the most recent quarterly results reflecting gains in the railroad operator’s margin, operational performance, and improved liquidity, all of which helped offset higher fuel costs. “CSX performed well this quarter by providing reliable and efficient service to our customers through changing market conditions while improving ou...
Shares of CSX ( CSX ) were trending higher in after-hours trading, with the most recent quarterly results reflecting gains in the railroad operator’s margin, operational performance, and improved liquidity, all of which helped offset higher fuel costs. “CSX performed well this quarter by providing reliable and efficient service to our customers through changing market conditions while improving our expense profile,” said Steve Angel, president and chief executive officer. In the first quarter, CSX ( CSX ) earned a profit of $0.43 per share, up 26% from the same quarter last year and $0.04 better than anticipated. Adjusted EBITDA of $1.67B beat $1.55B estimates. Thanks to a 3% increase in total volume, higher merchandise pricing, and increased fuel surcharges, CSX ( CSX ) generated revenue of $3.48B, up 2% from the same quarter last year but $10M below expectations. The company’s operating margin improved by 560 basis points, driven by increased revenue per unit in chemicals, metals and equipment, and fertilizers. Domestic coal volume increased due to higher shipments to utility plants, partially offset by lower shipments to river terminals. And while fuel expenses increased nearly 10% during the quarter, the higher cost was partially mitigated by $231M in fuel surcharges, an increase of 6.4% year-over-year. On the balance sheet, CSX ( CSX ) generated $793M in free cash flow (before dividends), up 42% from the same period last year. More on CSX CSX Corporation: Valuation Premium Faces Pressure From Weak Results CSX Corporation (CSX) Presents at JPMorgan Industrials Conference 2026 Transcript CSX Corporation (CSX) Presents at Barclays 43rd Annual Industrial Select Conference Transcript CSX GAAP EPS of $0.43 beats by $0.04, revenue of $3.48B misses by $10M CSX Q1 2026 Earnings Preview
Svenska Handelsbanken AB (publ) press release ( SVNLY ): Q1 GAAP EPS of SEK 3.21. Net Interest Income of SEK 10.01B. Operating profit of SEK 8.19B. More on Svenska Handelsbanken AB (publ) Svenska Handelsbanken AB (publ) (SVNLY) Q1 2026 Earnings Call Transcript Svenska Handelsbanken AB (publ) 2026 Q1 - Results - Earnings Call Presentation Svenska Handelsbanken AB (publ) (SVNLY) Discusses Pre-Close ...
Svenska Handelsbanken AB (publ) press release ( SVNLY ): Q1 GAAP EPS of SEK 3.21. Net Interest Income of SEK 10.01B. Operating profit of SEK 8.19B. More on Svenska Handelsbanken AB (publ) Svenska Handelsbanken AB (publ) (SVNLY) Q1 2026 Earnings Call Transcript Svenska Handelsbanken AB (publ) 2026 Q1 - Results - Earnings Call Presentation Svenska Handelsbanken AB (publ) (SVNLY) Discusses Pre-Close Trends in NII, Lending Volumes, Policy Rates and Fee Developments Transcript Seeking Alpha’s Quant Rating on Svenska Handelsbanken AB (publ) Historical earnings data for Svenska Handelsbanken AB (publ)
Earlier this year, we committed to publishing a reader-facing explanation of how Ars Technica uses, and doesn't use, generative AI. Translating our internal policy into a reader-facing document that meets our standards for clarity and precision took longer than I'd have liked, but I wanted to get it right rather than get it out fast. That document is now live , and you can find it below (and also ...
Earlier this year, we committed to publishing a reader-facing explanation of how Ars Technica uses, and doesn't use, generative AI. Translating our internal policy into a reader-facing document that meets our standards for clarity and precision took longer than I'd have liked, but I wanted to get it right rather than get it out fast. That document is now live , and you can find it below (and also linked in the footer of most pages on the site). Our approach comes from two convictions: that AI cannot replace human insight, creativity, and ingenuity, and that these tools, used well, can help professionals do better work. From those starting points, it was always clear what we wouldn't allow. AI would not become the author, the illustrator, or the videographer. These tools are best used by professionals in the service of their profession, not as a clever end run around it, and certainly not as a path to eventually replacing it. The short version: Ars Technica is written by humans. Our reporting, analysis, and commentary are human-authored. Where we use AI tools in our workflow, we use them with standards and oversight, and humans make every editorial decision. Our policy covers how we handle text, research, source attribution, images, audio, and video. Read full article Comments
Bloomberg's Steve Man breaks down Tesla earnings that beat expectations, sending the EV maker's stock up in the aftermarket. Tesla earnings. The positive report comes as Tesla has been trying to ramp up sluggish sales in the US and Europe and as well as new production, turning its focus to robotics and self driving cars.
Bloomberg's Steve Man breaks down Tesla earnings that beat expectations, sending the EV maker's stock up in the aftermarket. Tesla earnings. The positive report comes as Tesla has been trying to ramp up sluggish sales in the US and Europe and as well as new production, turning its focus to robotics and self driving cars.