Key Points The Procter & Gamble dominates global markets with a diverse portfolio and consistent net margin of 19.0%. The Clorox offers a more focused brand list and a lower entry price based on future earnings estimates. Which consumer staples giant is the better addition to your long-term portfolio in 2026? 10 stocks we like better than Procter & Gamble › Are you seeking stability or value in th...
Key Points The Procter & Gamble dominates global markets with a diverse portfolio and consistent net margin of 19.0%. The Clorox offers a more focused brand list and a lower entry price based on future earnings estimates. Which consumer staples giant is the better addition to your long-term portfolio in 2026? 10 stocks we like better than Procter & Gamble › Are you seeking stability or value in the household goods market? Comparing Procter & Gamble (NYSE:PG) and Clorox (NYSE:CLX) reveals two distinct paths for conservative investors today. Procter & Gamble is a global behemoth with a massive portfolio of diverse household brands, while Clorox focuses on specialized cleaning and wellness products with a smaller footprint. Both are defensive stalwarts, yet their scale and balance sheet health vary significantly. The case for Procter & Gamble Procter & Gamble operates through ten distinct categories, including grooming, health care, and beauty. Its products reach consumers in over 180 countries, making it one of the largest consumer staples companies by market cap. While its global reach is wide, the company depends heavily on Walmart for approximately 16% of its sales. Customer concentration like this adds a layer of risk to the business, as any change in shelf space or pricing terms could impact results. In its 2025 fiscal year, ended June 30, revenue reached $84.3 billion, representing a slight growth of 0.3% compared to the prior year. Net income for the period was $15.7 billion, yielding a net margin of 19%. This margin, which measures the percentage of revenue remaining after all expenses are paid, indicates how much profit is generated from each dollar of sales. As of the June 2025 balance sheet, the debt-to-equity ratio was 0.7x. This metric compares total debt to shareholder equity, indicating how much of the company is funded by lenders versus owners. The current ratio, which measures the ability to pay short-term debts with liquid assets, was 0.7x. Free cash...
Image source: The Motley Fool. Wednesday, May 27, 2026 at 2 p.m. ET CALL PARTICIPANTS Chief Executive Officer — Ujjaval Desai Chief Financial Officer — Daniel Steven Fabian TAKEAWAYS Net Investment Income (NII) -- $7 million or $0.34 per share, below distributions paid and reflecting ongoing spread tightening and weaker arbitrage. -- $7 million or $0.34 per share, below distributions paid and refl...
Image source: The Motley Fool. Wednesday, May 27, 2026 at 2 p.m. ET CALL PARTICIPANTS Chief Executive Officer — Ujjaval Desai Chief Financial Officer — Daniel Steven Fabian TAKEAWAYS Net Investment Income (NII) -- $7 million or $0.34 per share, below distributions paid and reflecting ongoing spread tightening and weaker arbitrage. -- $7 million or $0.34 per share, below distributions paid and reflecting ongoing spread tightening and weaker arbitrage. Net Realized and Unrealized Losses -- Net realized loss of $4.1 million and unrealized loss of $77.6 million, primarily attributed to exited positions with downside risk and market-driven revaluations. -- Net realized loss of $4.1 million and unrealized loss of $77.6 million, primarily attributed to exited positions with downside risk and market-driven revaluations. Net Asset Value (NAV) Per Share -- $9.63 at quarter end, down from $14.02, with the decline linked to lower CLO equity valuations, underlying loan market weakness, and decreased projected equity cash flows. -- $9.63 at quarter end, down from $14.02, with the decline linked to lower CLO equity valuations, underlying loan market weakness, and decreased projected equity cash flows. Distribution -- $0.75 per share distributed during the quarter; monthly distribution of $0.20 per share remains unchanged for calendar 2026. -- $0.75 per share distributed during the quarter; monthly distribution of $0.20 per share remains unchanged for calendar 2026. CLO Equity Weighted Average GAAP Yield -- 9.1% versus 11% in the prior quarter, driven by higher model default rates following a sell-off in software loans. -- 9.1% versus 11% in the prior quarter, driven by higher model default rates following a sell-off in software loans. Portfolio Diversification -- Investments span 98 CLOs managed by 29 firms, providing exposure to over 1,500 loans across more than 30 industries. -- Investments span 98 CLOs managed by 29 firms, providing exposure to over 1,500 loans across more than...
What do you get for beating the world champions? An even tougher test a few days later. England started their T20 World Cup build-up with a 2-1 series win over the holders New Zealand; now they face the 50-over world champions, India, in an intriguing three-match series that begins at a sweltering Chelmsford. Most people have India as second favourites behind Australia to win the World Cup, so thi...
What do you get for beating the world champions? An even tougher test a few days later. England started their T20 World Cup build-up with a 2-1 series win over the holders New Zealand; now they face the 50-over world champions, India, in an intriguing three-match series that begins at a sweltering Chelmsford. Most people have India as second favourites behind Australia to win the World Cup, so this is a litmus test for both teams. But while neither team will want to go into the World Cup on the back of a series defeat, winning and losing is only part of the story. Cricket is an individual game within a team sport, and there are places up for grabs in both teams. By the time the series finishes at Taunton on Tuesday, Charlotte Edwards and Amol Muzumdar should know their XIs to start the World Cup. Tonight’s match begins at 6.30pm.
Nvidia (NASDAQ: NVDA) claimed the title of the world’s most valuable company in July 2025, becoming the first to break both the $4 trillion and $5 trillion barriers. Nvidia currently sits at a market capitalization of $5.15 trillion, holding the top position on the global rankings. Alphabet (NASDAQ: GOOG) occupies second place, with a market cap of $4.67 trillion, narrowly ahead of Apple’s $4.55 t...
Nvidia (NASDAQ: NVDA) claimed the title of the world’s most valuable company in July 2025, becoming the first to break both the $4 trillion and $5 trillion barriers. Nvidia currently sits at a market capitalization of $5.15 trillion, holding the top position on the global rankings. Alphabet (NASDAQ: GOOG) occupies second place, with a market cap of $4.67 trillion, narrowly ahead of Apple’s $4.55 trillion. Alphabet owns Google, YouTube, Waymo, and Gemini, giving it one of the most expansive product ecosystems of any company in the world. Google commands a 92% market share in the global search industry, according to some sources, though it remains unclear whether that figure includes Russia and China. YouTube accounts for 9.7% of total TV viewership time among American viewers, placing it ahead of Netflix (NASDAQ: NFLX), which holds second place at 7.6%. YouTube visitors watch five billion individual videos per day, and no other video platform comes close to matching that volume. In its most recent quarter, Alphabet posted total revenue of $109.8 billion, with Google Search generating $60.3 billion and YouTube contributing $9.9 billion. Gmail is the most widely used free email platform in the world, with 1.8 billion users, while Google Maps controls 68% of the world’s map software market. Android holds a 70% share of the global mobile operating system market, compared to Apple’s (NASDAQ: AAPL) iOS at 29%, giving Alphabet significant reach for distributing its software products on smartphones. Rather than being undermined by the rise of artificial intelligence, Alphabet integrated its Gemini AI product directly into Google Search, with AI Overview now appearing as the first result for many queries. By some measures, Gemini holds second place among AI platforms by download market share, while other measures place it first, meaning the contest for dominance in AI is still unresolved. Alphabet’s interconnected suite of products has created what business school professors ...
Image source: The Motley Fool. Thursday, May 28, 2026 at 9 a.m. ET CALL PARTICIPANTS Co-Chairman and Co-Chief Executive Officer — Victor Mendelson Co-Chairman and Co-Chief Executive Officer — Eric Mendelson Executive Vice President and Chief Financial Officer — Carlos Macau Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Net Income -- $233.8 million, up 49%, with diluted...
Image source: The Motley Fool. Thursday, May 28, 2026 at 9 a.m. ET CALL PARTICIPANTS Co-Chairman and Co-Chief Executive Officer — Victor Mendelson Co-Chairman and Co-Chief Executive Officer — Eric Mendelson Executive Vice President and Chief Financial Officer — Carlos Macau Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Net Income -- $233.8 million, up 49%, with diluted EPS of $1.66, compared to $156.8 million and EPS of $1.12. -- $233.8 million, up 49%, with diluted EPS of $1.66, compared to $156.8 million and EPS of $1.12. Net Sales -- Increased 25% to a record level, driven by both segments and recent acquisitions. -- Increased 25% to a record level, driven by both segments and recent acquisitions. Operating Income -- Grew 41%, setting a new quarterly record. -- Grew 41%, setting a new quarterly record. Consolidated EBITDA -- $408.3 million in the second quarter of fiscal 2026, up 37% from $297.7 million in the third quarter of fiscal 2025. -- $408.3 million in the second quarter of fiscal 2026, up 37% from $297.7 million in the third quarter of fiscal 2025. Cash Flow from Operations -- $292 million, marking a 43% rise year over year in the second quarter of fiscal 2026. -- $292 million, marking a 43% rise year over year in the second quarter of fiscal 2026. Flight Support Group Net Sales -- $929.4 million, up 21% in the second quarter of fiscal 2026, with 19% organic growth attributed to robust demand across product lines and 2026 acquisitions. -- $929.4 million, up 21% in the second quarter of fiscal 2026, with 19% organic growth attributed to robust demand across product lines and 2026 acquisitions. Flight Support Group Operating Income -- $243.1 million, increasing 31% in the second quarter of fiscal 2026, supported by improved gross margin and SG&A efficiencies. -- $243.1 million, increasing 31% in the second quarter of fiscal 2026, supported by improved gross margin and SG&A efficiencies. Flight Support Group Operating Margin -- ...
US orders for defense capital goods surged in April to the second-highest level on record, adding to signs that the Iran war is boosting demand for military hardware. Defense orders rose 7% last month to $22.2 billion following a 26% increase in March, according to Census Bureau figures published Thursday. The numbers aren’t adjusted for inflation. The defense share of total capital goods orders o...
US orders for defense capital goods surged in April to the second-highest level on record, adding to signs that the Iran war is boosting demand for military hardware. Defense orders rose 7% last month to $22.2 billion following a 26% increase in March, according to Census Bureau figures published Thursday. The numbers aren’t adjusted for inflation. The defense share of total capital goods orders over the last 12 months rose to 15%, according to figures compiled by Bloomberg. That share is rivaled in three decades of data only by the aftermath of the Great Recession, 2019 and the onset of the Covid pandemic, when overall orders slumped. The figures underscore the increasing prominence of defense production as a key support for the US economy this year alongside the data-center boom. At the same time, consumer spending and the housing market — two traditional pillars of economic activity — are increasingly under pressure from elevated inflation and interest rates and uneven hiring trends. Orders for defense equipment are “likely to continue to be strong as the US military replenishes munitions deployed in Iran, and potentially boosts sales of equipment to NATO allies and others,” Thomas Simons , the chief US economist at Jefferies, said in a note. Some 20% of the Pentagon’s prewar inventory of MQ-9 Reaper drones, representing nearly $1 billion of hardware, have been destroyed in the war with Iran, Bloomberg reported . The US has also burned through thousands of high-end munitions, including Tomahawk and JASSM-ER cruise missiles. Separate figures on US industrial production, published by the Federal Reserve on May 15, showed output of defense and space equipment advanced in April for a fifth straight month.
The Vanguard Value ETF (NYSEARCA:VTV) is up 11% year to date, a lead that only looks small next to the 9.4% return on the Vanguard Growth ETF (NYSEARCA:VUG) over the same stretch. That is the actual shape of the so-called Great Rotation so far in 2026. Value is ahead of growth on the year, and ... Vanguard’s Value ETF May Soon Outperform Your Tech Holdings as “The Great Migration” Accelerates
The Vanguard Value ETF (NYSEARCA:VTV) is up 11% year to date, a lead that only looks small next to the 9.4% return on the Vanguard Growth ETF (NYSEARCA:VUG) over the same stretch. That is the actual shape of the so-called Great Rotation so far in 2026. Value is ahead of growth on the year, and ... Vanguard’s Value ETF May Soon Outperform Your Tech Holdings as “The Great Migration” Accelerates
European Commission officials are planning to meet with Anthropic PBC to seek more information on the company’s Mythos model and request making the groundbreaking artificial intelligence tool available to the bloc, according to people familiar with the matter. Officials from the commission were set to visit San Francisco on Thursday for meetings with representatives from the AI startup to learn mo...
European Commission officials are planning to meet with Anthropic PBC to seek more information on the company’s Mythos model and request making the groundbreaking artificial intelligence tool available to the bloc, according to people familiar with the matter. Officials from the commission were set to visit San Francisco on Thursday for meetings with representatives from the AI startup to learn more about Mythos’s capabilities, according to one of the people, all of whom asked not to be identified because the plans are still taking shape. Any final decision on Mythos access for the EU would likely require approval from the US government, according to one of the people. For now, there’s no confirmed date for a meeting between representatives from the bloc and Trump administration officials, the person said. The European Union has been pushing for access to Mythos since Anthropic disclosed last month that the new model was extraordinarily adept at finding network vulnerabilities and could pose a major cybersecurity risk. Anthropic has limited its availability to a handful of large tech and Wall Street companies through an initiative known as Project Glasswing, amid broader global alarm about the new threats Mythos could pose to critical systems. Read More: EU-Anthropic Talks Over Mythos Concerns Are Stalled, Spain Says The meetings in San Francisco would mark the latest step in weeks of negotiations between Anthropic and the bloc over Mythos that so far have failed to yield a breakthrough . In those discussions, the EU has received “extensive information” from the company on the risks that the model could pose, commission spokesperson Thomas Regnier said Thursday at a press briefing in Brussels. A spokesperson for the commission didn’t respond to questions on the meeting plans but said that the EU generally is seeking to ramp up discussions with the US on advanced AI models. An Anthropic spokesperson said the visit is part of the company’s ongoing engagement with the ...
The headline-grabbing battle in the pharmaceutical sector today pits Eli Lilly (LLY +3.75%) against Novo Nordisk (NVO +2.45%). The battlefield is GLP-1 weight loss drugs. This is a new type of drug that has been something of a miracle for people who have long struggled with weight loss. And the long-term opportunity is huge. Right now, Eli Lilly is in the clear lead, with its highly successful Mou...
The headline-grabbing battle in the pharmaceutical sector today pits Eli Lilly (LLY +3.75%) against Novo Nordisk (NVO +2.45%). The battlefield is GLP-1 weight loss drugs. This is a new type of drug that has been something of a miracle for people who have long struggled with weight loss. And the long-term opportunity is huge. Right now, Eli Lilly is in the clear lead, with its highly successful Mounjaro and Zepbound. But Novo Nordisk hasn't given up; it recently released a pill version of Wegovy. The contrarian view of this contest is that investors are giving Eli Lilly too much credit and Novo Nordisk too little. Here's why dividend investors should go with Novo Nordisk. Novo Nordisk has its work cut out for it Novo Nordisk was the first to market with a GLP-1 drug. That head start didn't last long, as the company struggled to meet demand. This fact allowed compounders to make generic versions of Wegovy in the important U.S. market. Meanwhile, Eli Lilly's Mounjaro and Zepbound proved more effective and quickly gained market share. The performance difference between the two companies in the weight loss space is material. In the first quarter of 2026, Novo Nordisk's obesity care business, its Wegovy franchise, grew 22%. Eli Lilly saw sales of Mounjaro and Zepbound increase 125% and 80%, respectively, in the same quarter. That said, the Wegovy pill appears to be more effective than Eli Lilly's GLP-1 pill offering, which is a different drug from its highly successful Mounjaro and Zepbound. Importantly, Novo Nordisk's pill appears to be attracting new customers to the GLP-1 space, as many people don't like taking shots. The big takeaway here is that the pharmaceutical industry is intensely competitive and Eli Lilly doesn't have a lock on the GLP-1 market. Or, to put that another way, Novo Nordisk is behind, but it isn't out of the race. Expand NYSE : LLY Eli Lilly Today's Change ( 3.75 %) $ 40.56 Current Price $ 1123.48 Key Data Points Market Cap $1.0T Day's Range $ 1092...
Key Points Eli Lilly is performing very well as a business right now, which should please shareholders. Novo Nordisk has fallen behind Eli Lilly in the GLP-1 space and has warned that 2026 will be a difficult year. Novo Nordisk is the more attractive stock right now, particularly for dividend investors. 10 stocks we like better than Novo Nordisk › The headline-grabbing battle in the pharmaceutical...
Key Points Eli Lilly is performing very well as a business right now, which should please shareholders. Novo Nordisk has fallen behind Eli Lilly in the GLP-1 space and has warned that 2026 will be a difficult year. Novo Nordisk is the more attractive stock right now, particularly for dividend investors. 10 stocks we like better than Novo Nordisk › The headline-grabbing battle in the pharmaceutical sector today pits Eli Lilly (NYSE: LLY) against Novo Nordisk (NYSE: NVO). The battlefield is GLP-1 weight loss drugs. This is a new type of drug that has been something of a miracle for people who have long struggled with weight loss. And the long-term opportunity is huge. Right now, Eli Lilly is in the clear lead, with its highly successful Mounjaro and Zepbound. But Novo Nordisk hasn't given up; it recently released a pill version of Wegovy. The contrarian view of this contest is that investors are giving Eli Lilly too much credit and Novo Nordisk too little. Here's why dividend investors should go with Novo Nordisk. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Novo Nordisk has its work cut out for it Novo Nordisk was the first to market with a GLP-1 drug. That head start didn't last long, as the company struggled to meet demand. This fact allowed compounders to make generic versions of Wegovy in the important U.S. market. Meanwhile, Eli Lilly's Mounjaro and Zepbound proved more effective and quickly gained market share. The performance difference between the two companies in the weight loss space is material. In the first quarter of 2026, Novo Nordisk's obesity care business, its Wegovy franchise, grew 22%. Eli Lilly saw sales of Mounjaro and Zepbound increase 125% and 80%, respectively, in the same quarter. That said, the Wegovy pill appears to be more effective than Eli Lilly's GLP-1 pill offerin...
Getty Images The U.S. new home market has largely recovered from the disruption of January 2026's blizzards . Unfortunately, rising mortgage rates combined with an uptick in the average sale price of new homes to reduce the quantity of sales. This combination of factors resulted in the total valuation of new homes sold in April 2026 to decline below the levels recorded a month earlier. Political C...
Getty Images The U.S. new home market has largely recovered from the disruption of January 2026's blizzards . Unfortunately, rising mortgage rates combined with an uptick in the average sale price of new homes to reduce the quantity of sales. This combination of factors resulted in the total valuation of new homes sold in April 2026 to decline below the levels recorded a month earlier. Political Calculations' initial estimate of the total value of new home sales in the United States during April 2026 is $28.30 billion. This value is slightly higher than the initial estimate of $28.24 billion for March 2026, but has declined from a revised value of $28.43 billion for the month. The number of new home sales continues to hold relatively steady. The initial estimate of the annualized trailing twelve-month average of the total number of new home sales for April 2026 is 665,000. This value falls below the range of 671,000 and 684,000 that had held since January 2024. The initial estimate of the trailing twelve-month average of a new home sold in April 2026 is $521,300. New home prices have generally risen since bottoming at $502,525 in September 2024. The average remains below the peak of $529,692 recorded for June 2022 at the height of the high inflation. All these figures represent time-shifted, partial trailing twelve-month averages for each data series, which will be subject to revision for the next ten months before being finalized. The following charts present the U.S. new home market capitalization , the number of new home sales , and their average sale prices as measured by their time-shifted, trailing twelve-month averages from January 1976 through April 2026. Declining trend for new home sales: Rising trend for new home prices: New home sales were reported to have surged in March as prices fell to a five-year low, but much of this boost in sales may represent a springback from the impact of blizzards in much of the U.S. in January 2026 that shrank sales far belo...
Image source: The Motley Fool. Thursday, May 28, 2026 at 10 a.m. ET CALL PARTICIPANTS Chairman, President, and Chief Executive Officer — Daniel Patrick McGahn Senior Vice President, Chief Financial Officer, and Treasurer — John W. Kosiba Jr. Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Total Revenue -- $86.4 million, representing a 30% increase against the prior year ...
Image source: The Motley Fool. Thursday, May 28, 2026 at 10 a.m. ET CALL PARTICIPANTS Chairman, President, and Chief Executive Officer — Daniel Patrick McGahn Senior Vice President, Chief Financial Officer, and Treasurer — John W. Kosiba Jr. Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Total Revenue -- $86.4 million, representing a 30% increase against the prior year quarter and the highest quarterly revenue in company history. -- $86.4 million, representing a 30% increase against the prior year quarter and the highest quarterly revenue in company history. Grid Segment Revenue -- $73.7 million, up 33% over the year-ago quarter. -- $73.7 million, up 33% over the year-ago quarter. Wind Segment Revenue -- $12.7 million, reflecting a 15% increase versus the prior year quarter, attributed to increased ECS shipments to Inox. -- $12.7 million, reflecting a 15% increase versus the prior year quarter, attributed to increased ECS shipments to Inox. Gross Margin -- 27.3% in the quarter, compared to 26.5% in the prior year quarter, including a 170-basis-point impact from $1.5 million of Comtrafo purchase accounting adjustments. -- 27.3% in the quarter, compared to 26.5% in the prior year quarter, including a 170-basis-point impact from $1.5 million of Comtrafo purchase accounting adjustments. Full-Year Revenue -- $299 million, a 34% year-over-year increase, with grid business accounting for 84% and wind business for 16% of total revenue. -- $299 million, a 34% year-over-year increase, with grid business accounting for 84% and wind business for 16% of total revenue. Operating Expenses -- Research and development and SG&A hit $18.8 million for the quarter, up from $15.6 million the prior year, largely due to Comtrafo-related costs. -- Research and development and SG&A hit $18.8 million for the quarter, up from $15.6 million the prior year, largely due to Comtrafo-related costs. GAAP Net Income -- $4.5 million ($0.10 per share) for the quarter, up fro...
Just_Super/E+ via Getty Images Thesis This would mark the third time covering labs, one of the best performers in my portfolio to date. Planet Labs PBC ( PL ) basically built a giant camera network around Earth. Seeking Alpha They have hundreds of small satellites constantly orbiting Earth and taking detailed pictures of almost all land areas every single day. Unlike Google Maps, the images here d...
Just_Super/E+ via Getty Images Thesis This would mark the third time covering labs, one of the best performers in my portfolio to date. Planet Labs PBC ( PL ) basically built a giant camera network around Earth. Seeking Alpha They have hundreds of small satellites constantly orbiting Earth and taking detailed pictures of almost all land areas every single day. Unlike Google Maps, the images here don’t fossilize for years at a time. I mean daily. Sometimes multiple times per day. That’s the core idea. Most satellite companies historically built these gigantic billion-dollar satellites. Planet went the opposite direction. Essentially, they’re launching tons of cheap little satellites instead. And it seems to be working . The value of satellite imagery is more than just the images themselves; it is also the time-series aspect. POTENTIAL ORESHNIK DEPLOYMENT SITE, BELARUS (PL's Fiscal 4Q'26 Investor Presentation) Governments are interested in this to observe military activity, shipping ports and borders, missile sites, construction, and troop movements without the need for airplanes. Companies in agriculture use this information to monitor crop health across millions of acres. Insurance companies use these images to assess damage caused by floods, fires, or hurricanes. Oil and mining companies monitor their infrastructure remotely with the help of satellite images. CONTROLLED BURN • ELDORADO NATIONAL FOREST, CA (PL's Fiscal 4Q'26 Investor Presentation) Environmental groups use satellite images to track deforestation and illegal fishing. Finally, many financial firms on Wall Street utilize satellite imagery to estimate economic activity, for example, through the number of vehicles parked in retail shopping centers or through the volume of oil in refinery tanks. The business model is mostly subscription-based. And over the last few years, especially with wars in Ukraine, Iran, and the constant presence of rising geopolitical tension, the market started realizing their data...
Image source: The Motley Fool. Thursday, May 28, 2026 at 9 a.m. ET CALL PARTICIPANTS Chief Executive Officer — Sharon Price John Chief Executive Officer (Designate) — J. Christopher Hurt Chief Financial Officer — Voin Todorovic TAKEAWAYS Total Revenue -- $125.3 million, down 2.4%, with commercial segment growth partially offsetting declines in direct-to-consumer sales. -- $125.3 million, down 2.4%...
Image source: The Motley Fool. Thursday, May 28, 2026 at 9 a.m. ET CALL PARTICIPANTS Chief Executive Officer — Sharon Price John Chief Executive Officer (Designate) — J. Christopher Hurt Chief Financial Officer — Voin Todorovic TAKEAWAYS Total Revenue -- $125.3 million, down 2.4%, with commercial segment growth partially offsetting declines in direct-to-consumer sales. -- $125.3 million, down 2.4%, with commercial segment growth partially offsetting declines in direct-to-consumer sales. Gross Margin -- 63.8%, up 700 basis points, including a 560 basis point benefit from a $7 million tariff refund, and a 140 basis point increase from higher average unit retail, partially offset by occupancy cost leverage. -- 63.8%, up 700 basis points, including a 560 basis point benefit from a $7 million tariff refund, and a 140 basis point increase from higher average unit retail, partially offset by occupancy cost leverage. Domestic Traffic -- Down 7%, lagging national retail traffic trends and contributing to direct-to-consumer segment declines. -- Down 7%, lagging national retail traffic trends and contributing to direct-to-consumer segment declines. E-Commerce Demand -- Declined 26.1%, signaling persistent softness in web traffic. -- Declined 26.1%, signaling persistent softness in web traffic. Commercial Segment Growth -- Up 34.1% when combined with international franchise revenue, now a primary driver of overall growth. -- Up 34.1% when combined with international franchise revenue, now a primary driver of overall growth. Pre-Tax Income -- $23.9 million reported; adjusted pre-tax income excluding the $7 million tariff refund was $16.9 million. -- $23.9 million reported; adjusted pre-tax income excluding the $7 million tariff refund was $16.9 million. SG&A Expenses -- $56.1 million, or 44.8% of total revenues, up 310 basis points mainly from higher wage rates, increased talent investment, inflation pressures, and timing of long-range investments. -- $56.1 million, or 44.8% of ...
Australian woman charged over travel to Syria to join Islamic State toggle caption Baderkhan Ahmad/AP MELBOURNE, Australia — An Australian mother of four was held in custody after she appeared in a court on Thursday charged with traveling to Syria and joining the Islamic State group. Rayann El Houli, 34, was arrested at her Melbourne home eight months after she returned to Australia via Lebanon wi...
Australian woman charged over travel to Syria to join Islamic State toggle caption Baderkhan Ahmad/AP MELBOURNE, Australia — An Australian mother of four was held in custody after she appeared in a court on Thursday charged with traveling to Syria and joining the Islamic State group. Rayann El Houli, 34, was arrested at her Melbourne home eight months after she returned to Australia via Lebanon with her children and another woman, police and her lawyer said. The arrest came two days after seven women and 12 children linked to IS returned to Australia from a Syrian refugee camp against the wishes of the Australian government. Three weeks ago, four women and nine children in similar circumstances returned from the same Roj camp for displaced people, which is located near the area where the frontiers of Syria, Turkey and Iraq converge. Sponsor Message Three of the four women were charged on arrival with slavery and terrorism offenses and remain in custody. All the women who returned from Syria this month remained under police investigation. Another woman, who accompanied El Houli to Australia from Lebanon, also was under investigation, Australia Federal Police Deputy Commissioner Hilda Sirec said. A period of time passing without charges does indicate investigations have ceased, Sirec noted. El Houli wore a black niqab when she appeared in the Melbourne Magistrates' Court flanked by two prison officers. She was charged with entering and remaining in a declared conflict zone. She also has been charged with joining a terrorist organization, IS. Each charge carries a potential maximum sentence of 10 years in prison. Her bail application will be heard on Monday. Her lawyer Peter Morrissey told Magistrate Lisa Hannan that it was a priority to return El Houli, who suffers from PTSD, to her children. "The children are doing well in school, in (sports) programs, doing everything as best they can," Morrissey said. "They, too, have come from the camps and that's the reason for t...
Brandon Moser SpaceX’s ( SPCX ) planned initial public offering is sharpening investor focus on how the Elon Musk-led company could reshape the aerospace and defense sector, though BNP Paribas analyst Matt Akers argues the biggest disruption may not come from rocket launches alone. In a research report published Thursday, Akers and colleagues said SpaceX’s ( SPCX ) dominance in launch services is ...
Brandon Moser SpaceX’s ( SPCX ) planned initial public offering is sharpening investor focus on how the Elon Musk-led company could reshape the aerospace and defense sector, though BNP Paribas analyst Matt Akers argues the biggest disruption may not come from rocket launches alone. In a research report published Thursday, Akers and colleagues said SpaceX’s ( SPCX ) dominance in launch services is already well understood, with the company conducting more than 160 launches in 2025, nearly 10 times as many as the next-largest competitor, Rocket Lab ( RKLB ). The analysts expect that lead to widen further as SpaceX ( SPCX ) ramps production of its larger Starship rocket. “SpaceX is the clear leader in space launch,” the report said, noting Falcon 9 launches exceeded the combined total of other Western-made launch vehicles last year. The report posits that Boeing ( BA ) and Lockheed Martin ( LMT ) face the greatest competitive risk through their United Launch Alliance joint venture, which competes for U.S. national security launches at higher price points than SpaceX’s Falcon 9. Still, BNP Paribas said the direct earnings exposure appears limited. ULA contributed less than 1% of Lockheed Martin’s ( LMT ) operating profit in 2024, while the impact on Boeing ( BA ) was described as “non-meaningful.” Starship could lower costs and reshape space economics Akers said SpaceX’s Starship rocket could significantly reduce the cost of putting payloads into orbit, potentially opening commercial markets ranging from orbital AI computing infrastructure to Mars exploration. According to BNP Paribas estimates, Starship could lower launch costs to less than $1,000 per kilogram to low Earth orbit, well below competing systems. Even so, the report suggests cheaper launches may not dramatically alter the Pentagon’s near-term spending priorities because launch costs represent a relatively small portion of overall military space spending. “Launch is expensive, but so are the satellites being...
Helsta úr starfseminni. Félagið var rekið með hagnaði á fyrsta ársfjórðungi og má það að mestu rekja til góðrar loðnuvertíðar og góðra aflabragða Sólbergs ÓF. Hátt verð var á helstu afurðum félagsins. Vörubirgðir voru talsverðar í lok tímabilsins en salan hefur gengið vel. Uppsjávarafli skipa félagsins var um 33.600 tonn og bolfisk- og rækjuafli um 4.200 tonn á tímabilinu. Framleiddar bolfisk- og ...
Helsta úr starfseminni. Félagið var rekið með hagnaði á fyrsta ársfjórðungi og má það að mestu rekja til góðrar loðnuvertíðar og góðra aflabragða Sólbergs ÓF. Hátt verð var á helstu afurðum félagsins. Vörubirgðir voru talsverðar í lok tímabilsins en salan hefur gengið vel. Uppsjávarafli skipa félagsins var um 33.600 tonn og bolfisk- og rækjuafli um 4.200 tonn á tímabilinu. Framleiddar bolfisk- og rækjuafurðir voru um 2.300 tonn, frosnar uppsjávarafurðir voru um 13.300 tonn og mjöl og lýsi um 5.600 tonn. Helstu niðurstöður úr fjárhagsuppgjöri tímabilsins. Rekstrartekjur tímabilsins námu 73,3 m.USD. Hagnaður á rekstri tímabilsins nam 22,8 m.USD. EBITDA-framlegð var 31,7 m.USD eða 43,2% á tímabilinu. Heildareignir námu 880,8 m.USD þann 31.03.2026 og eiginfjárhlutfall var 66,7%. Nettó vaxtaberandi skuldir voru 125,7 m.USD í lok fyrsta ársfjórðungs. Arðsemi eigin fjár á tímabilinu var um 16,1%. Arðsemi eigin fjár síðustu 12 mánuði var um 8,7%. Rekstur. Tekjur á fyrsta ársfjórðungi 2026 námu 73,3 m.USD, samanborið við 37,3 m.USD á sama tímabili 2025. Hagnaður af rekstri var 22,8 m.USD á fyrsta ársfjórðungi 2026, samanborið við 3,6 m.USD tap á sama tímabili 2025. EBITDA-framlegð á fyrsta ársfjórðungi 2026 var 31,7 m.USD eða 43,2% af rekstrartekjum, samanborið við 7,3 m.USD eða 19,7% af rekstrartekjum á sama tímabili 2025. Efnahagur. Heildareignir félagsins voru 880,8 m.USD þann 31.03.2026, þar af voru fastafjármunir 705,7 m.USD og veltufjármunir 175,1 m.USD. Í árslok 2025 voru heildareignir 865,8 m.USD, þar af voru fastafjármunir 712,7 m.USD og veltufjármunir 153,2 m.USD. Heildareignir hækkuðu um 15,0 m.USD á fyrsta ársfjórðungi 2026. Rekja má breytinguna að mestu til hækkunar á birgðum, sem og á handbæru fé og hækkunar á viðskipta- og skammtímakröfum. Hækkun á birgðum má að mestu rekja til loðnuafurða sem framleiddar voru á tímabilinu. Eigið fé Ísfélagsins var 587,9 m.USD þann 31.3.2026, en var 567,0 m.USD í lok árs 2025. Eiginfjárhlutfallið var 66,7% þann 31.03.2026 en í...
The new and excoriating account of the dire prospects for UK young people is a call to action. It could be the Beveridge report for our time The diagnosis is dire. Alan Milburn has published the first part of his forensic report on the lives and chances of young people, their fate after leaving school or college, the inadequacy of their health, education and pastoral care, and the reluctance of em...
The new and excoriating account of the dire prospects for UK young people is a call to action. It could be the Beveridge report for our time The diagnosis is dire. Alan Milburn has published the first part of his forensic report on the lives and chances of young people, their fate after leaving school or college, the inadequacy of their health, education and pastoral care, and the reluctance of employers to hire them. This is a “moral crisis”, he says. There are now more than a million young people not in work, education or training (Neets), and Milburn expects that number to rise to 1.25 million without radical change. The government needs a “big idea”, he tells me. This should be it, “the spine, the purpose”. Perhaps he was expected only to solve the particular problem of left-behind and lost Neets. What he has delivered instead is an excoriating overview of how badly this young generation is treated altogether. A sense of shock reverberates through every well-written page. Why have children and young people had such a low priority in resources and political concern, especially since 2010? There has been institutional neglect, loss of youth and careers services, chaotic non-communication or data exchange between dislocated silos, small schemes coming and going. Milburn describes a catastrophic failure: it needs a whole “system reset” and no more “tinkering”. Continue reading...
Industrial companies are in a unique position when it comes to artificial intelligence (AI), as they can face short-term volatility but also become long-term winners for investors. For instance, if AI spending slows, it will also stall much of the new revenue growth that certain industrial companies have experienced over the last several years. Moreover, any broad sell-off in AI stocks can also hu...
Industrial companies are in a unique position when it comes to artificial intelligence (AI), as they can face short-term volatility but also become long-term winners for investors. For instance, if AI spending slows, it will also stall much of the new revenue growth that certain industrial companies have experienced over the last several years. Moreover, any broad sell-off in AI stocks can also hurt the pick-and-shovel plays connected to it. Still, the global AI market is expected to climb from about $390 billion in 2025 to over $3.4 trillion by 2033, according to Grand View Research. That means, despite the volatility, there can be plenty of stocks worth investing in and holding onto for the longer term because of how much bigger the opportunity ahead looks. Although they are connected to AI in different ways, the following three companies are worth buying through any bouts of uncertainty: BAE Systems (BAESY +3.32%), GE Vernova (GEV 2.24%), and Vertiv (VRT 0.80%). Integrating AI into defense and aerospace operations BAE Systems is a London-based defense and aerospace conglomerate. Its defense capabilities include electronic warfare; combat vehicles for the air, sea, and ground; and cybersecurity, and it is integrating AI into its operations and products. Speaking to some of its AI work, on March 26, it announced an agreement with Scale AI to enhance the development of AI capabilities to support the Department of Defense. "BAE Systems' effort to integrate agentic AI directly into operational platforms and mission systems reshapes the future of command and control, creating a true human-machine advantage at the edge where missions are executed," the company said in the announcement. "Deploying capabilities such as BAE Systems' Aided Target Recognition (AiTR), translates sensing into real-time, coordinated effects across distributed forces." Expand OTC : BAESY BAE Systems Today's Change ( 3.32 %) $ 3.50 Current Price $ 109.11 Key Data Points Market Cap $77B Day's Rang...
Consumer Isn't Dead Yet: US Retail Stocks Surge As Resilient Shoppers Surprise Markets The S&P Retail Select Industry Index rose more than 1% Thursday morning as shares of Kohl's, Best Buy, and Dollar Tree surged on better-than-expected earnings results. Results suggest the U.S. consumer was stronger than feared in the prior quarter, even as households were battered by a fuel-price shock at the pu...
Consumer Isn't Dead Yet: US Retail Stocks Surge As Resilient Shoppers Surprise Markets The S&P Retail Select Industry Index rose more than 1% Thursday morning as shares of Kohl's, Best Buy, and Dollar Tree surged on better-than-expected earnings results. Results suggest the U.S. consumer was stronger than feared in the prior quarter, even as households were battered by a fuel-price shock at the pump, persistent inflation, and softening confidence, which has led to them draining what little savings they have left. As Bloomberg notes, the three chains operate in very different parts of the retail sector, yet all surprised investors to the upside in a sign of strength by US consumers who are facing multiple hurdles. Here are the earnings highlights from this morning: Kohl's comparable sales declined 1.1%, beating the estimated decline of 1.71% Best Buy reported first-quarter sales of $8.9 billion, beating analyst estimates, with comparable sales rising 2% Dollar Tree boosted comparable sales 3.5% in the first quarter, topping estimates, driven by a 4.5% gain in average transaction The result was a surge in their respective stock prices: With gas prices soaring since the start of the war in Iran, and workers worried about the impact of artificial intelligence amid still elevated inflation, consumer confidence has collapsed. And yet, Americans are still opening their wallets. US data released Thursday showed that consumer spending edged up in April despite accelerated price increases. In fact, spending growth is now drastically outpacing income growth, in a trend that is certainly unsustainable and the only buffer - personal savings - is rapidly being depleted. This is unsustainable: personal spending growth is surging while income growth is collapsing, resulting in an extremely rapid drain of personal savings https://t.co/uXTN4wOKNp pic.twitter.com/d0uujZknU0 — zerohedge (@zerohedge) May 28, 2026 At Kohl’s, stronger-than-expected sales boosted the department-store chain...
Richard Drury/DigitalVision via Getty Images Market review The US municipal bond market recorded modest negative returns for 1Q26. January and February delivered two strong months of returns but were offset by sharp declines in March. Municipal supply and demand technicals were strong throughout most of the quarter but were overcome by inflation fears, growth uncertainty, and Treasury volatility s...
Richard Drury/DigitalVision via Getty Images Market review The US municipal bond market recorded modest negative returns for 1Q26. January and February delivered two strong months of returns but were offset by sharp declines in March. Municipal supply and demand technicals were strong throughout most of the quarter but were overcome by inflation fears, growth uncertainty, and Treasury volatility spurred by the war in the Middle East. The Bloomberg Municipal Bond Index returned -0.18%. The front end and the 20-year (17-22 years) segments of the yield curve outperformed as well as the below-investment-grade segment. Economic indicators in 1Q26 were mixed. The 4Q25 growth rate was revised downward to 0.7% from its initial estimate of 1.4%. In addition, the unemployment rate edged up marginally to 4.4% in February. However, other growth indicators including personal spending and data released by the Institute of Supply Management showed a resilient economy. In addition, while the US Consumer Price Index (CPI) slowed, the US Federal Reserve's (Fed) preferred measure of inflation – the Core Personal Consumption Expenditures Price Index (Core PCE) – showed inflation stubbornly at or above 3%, well above the Fed's target of 2%. War in the Middle East erupted at the end of February as the US and Israel attacked Iran. Markets, which were already jittery toward the end of last year, moved lower on the outbreak of the Iran war, although in an orderly manner with no discernible panic. Private-credit fears were also evident as investors stressed the liquidity in that space, and some market pundits sounded the alarm. However, incidents of losses appeared idiosyncratic and did not indicate a broad market stress, yet. Indicators of fear like volatility have reached levels higher than witnessed in recent years but are still below notable moments like last April's tariff-related "Liberation Day" meltdown or the 2020 pandemic-induced lockdowns. Dispersion is also rising, both across an...
In this episode of the MoneyShow Money Masters Podcast, explore the escalating tech rivalry between the US and China with Rebecca Fannin, founder of Silicon Dragon Ventures and a contributor for CNBC. To get your FREE copy of the complete MoneyShow 2026 Top Picks Report, click here. Also a seasoned journalist and author of The New Tech Titans of China, Fannin details how geopolitical tensions are ...
In this episode of the MoneyShow Money Masters Podcast, explore the escalating tech rivalry between the US and China with Rebecca Fannin, founder of Silicon Dragon Ventures and a contributor for CNBC. To get your FREE copy of the complete MoneyShow 2026 Top Picks Report, click here. Also a seasoned journalist and author of The New Tech Titans of China, Fannin details how geopolitical tensions are forcing a massive decoupling of innovation and funding between these global superpowers. Fannin provides expert analysis on tech subsectors caught in the crossfire, including AI, semiconductors, and Electric Vehicles. She also examines the shift from collaboration to competition, highlighting how giants like Tesla Inc. (TSLA) and Nvidia Corp. (NVDA) are navigating restrictive new markets. Beyond the US-China struggle, Fannin identifies emerging opportunities in India and Southeast Asia. Discover if a path toward cooperation remains possible…or if the future holds only high-stakes economic conflict. See also: Market Minute 5/20/26: Nvidia Earnings, Meta Cuts on Market Radar Remember: Rebecca will be speaking at the 2026 MoneyShow Masters Symposium San Francisco, scheduled for Aug. 25-28. Click here to register! More From MoneyShow.com:
EU commissioners will meet on Friday for crunch talks aimed at imposing new restrictions on imports from China amid growing concern that Beijing is fuelling conditions for US-style rust belt towns in Europe. The surge in imports of everything from electric cars to key components in machines, medical devices and foodstuffs has been dubbed China Shock 2.0, potentially mirroring the experience in the...
EU commissioners will meet on Friday for crunch talks aimed at imposing new restrictions on imports from China amid growing concern that Beijing is fuelling conditions for US-style rust belt towns in Europe. The surge in imports of everything from electric cars to key components in machines, medical devices and foodstuffs has been dubbed China Shock 2.0, potentially mirroring the experience in the US 25 years ago when Beijing joined the World Trade Organization. Commissioners representing each member state have been asked to bring examples of Chinese activities in all 27 portfolios, spanning trade to agriculture, defence, health and digital initiatives to the talks. Sources said no decisions would be taken on Friday but the talks would help “align” the commission’s thinking and address overproduction in China, which is leading imports into the EU to be sometimes up to 40% cheaper than local products. It will also feed into the next leaders’ summit on 18 June when China will be one of the handful of items on the agenda. Ignacio García Bercero, a senior fellow at the Brussels thinktank Bruegel and a former official at the European Commission’s trade department, said the EU needed to formulate “a clearer strategy about how to deal with China”. He said quotas and tariff rate quotas could be introduced on Chinese goods, as they were safeguards that were much faster to implement than tariffs and could focus on areas that China is targeting, such as hybrid cars and chemical components. “I think that sometimes there’s a little bit of a tendency to sound very tough, but then not to act tough, and I don’t think that is a clever way to handle things.” He said while showing it was prepared to act, the EU must also engage with China. “The US has an engagement with China, Canada has an engagement with China. Everyone is having an engagement with China. I think in my view … we need to find a way to make sure that we are properly respected by China when we have that engagement.” Ea...