Maskot/DigitalVision via Getty Images In February of this year, I was happy to be able to upgrade shares of Performance Food Group Company ( PFGC ) from a "Hold" to a "Buy." The valuation of the company offered upside that I described as modest. And the downside risk for investors looked limited. The company had been benefiting fundamentally from not only organic growth but also from acquisitions ...
Maskot/DigitalVision via Getty Images In February of this year, I was happy to be able to upgrade shares of Performance Food Group Company ( PFGC ) from a "Hold" to a "Buy." The valuation of the company offered upside that I described as modest. And the downside risk for investors looked limited. The company had been benefiting fundamentally from not only organic growth but also from acquisitions like its purchase of Cheney Brothers. And the expectation that management had was that further growth would be on the horizon, with sales and profits expected to rise materially through 2028. Yes, margins for the company were depressing. But on the whole, I believed that it offered enough upside to justify a slightly bullish outlook. Since then, the stock has unfortunately underperformed the market, dropping 3.9% while the S&P 500 is up 8.4%. But honestly, I just view that as a buying opportunity now. In light of the current data available and even though not all the metrics for the business have been stellar as of late, I believe that maintaining a bullish assessment is justified. Shares Still Taste Good Author - SEC EDGAR Data The newest data that investors currently have access to when it comes to Performance Food Group is data covering through the third quarter of the company's 2026 fiscal year. On the top line, things actually looked quite positive. Revenue of $16.29 billion comfortably exceeded the $15.31 billion that the business reported a year earlier. Management attributed this rise partially to acquisition activities, specifically its purchase of Cheney Brothers. However, there were other benefits as well. While total case volume increased 4.4% for the year, organic case volume popped 3.7%. This was fueled by a 6.5% increase in organic independent cases sold for that window of time. But on top of this, the company also benefited from food cost inflation of 4.5% that management was able to push on to customers. USDA There is some important nuance here that investo...
Shares of Nokia (NYSE: NOK) were up by 12.1% at 2:30 p.m. ET today. The Finnish telecom equipment and services veteran reached a fresh multi-year high, revisiting prices last seen in the spring of 2009. The jump was powered by (yep, you guessed it) a new Nokia service that puts AI agents in charge of network management. Image source: The Motley Fool. Continue reading
Shares of Nokia (NYSE: NOK) were up by 12.1% at 2:30 p.m. ET today. The Finnish telecom equipment and services veteran reached a fresh multi-year high, revisiting prices last seen in the spring of 2009. The jump was powered by (yep, you guessed it) a new Nokia service that puts AI agents in charge of network management. Image source: The Motley Fool. Continue reading
Nike ( NKE ) is facing a sharp freefall, with the stock dropping from around ~$62 at the start of the year to nearly ~$42.3 now. This marks a 12-year low since 2015, as per chart-based tracking reported by Polymarket. The crash has erased roughly ~$20 per share, leading to a ~34% YTD decline, while the S&P 500 ( SP500 ) has delivered an 8.11% gain in the same period. The downtrend has not been gra...
Nike ( NKE ) is facing a sharp freefall, with the stock dropping from around ~$62 at the start of the year to nearly ~$42.3 now. This marks a 12-year low since 2015, as per chart-based tracking reported by Polymarket. The crash has erased roughly ~$20 per share, leading to a ~34% YTD decline, while the S&P 500 ( SP500 ) has delivered an 8.11% gain in the same period. The downtrend has not been gradual. Selling pressure clearly accelerated from March onward, as seen in the TradingView chart . Nike price chart (TradingView) Technical indicators also reflect weakness, with RSI hovering near oversold levels and MACD staying weak for most of the recent sessions. This shows continuous bearish momentum so far. On the fundamental side, multiple negative triggers have weighed on sentiment. A consumer lawsuit filed in Portland, Oregon federal court added pressure, questioning refund-related rulings from February. At the same time, Nike disclosed tariff-related costs of nearly ~$1.0B, which reportedly pushed higher pricing in footwear and apparel by $5–$10 ranges. These issues added to already weak demand concerns. Even after a recent Q3 earnings beat , net income fell nearly 32% last quarter, showing profitability pressure. Weakness also extends across EMEA markets. The China problem remains structural and continues to hurt growth. Management expects about a 20% decline in the region in Q4, with broader guidance pointing to a 2%–4% sales decline in fiscal Q4. From a technical view, the stock is now sitting near a key support zone around $42, so a break below it could open downside toward the $30s range. However, on the upside, resistance is seen near $45; a breakout above this metric may trigger a rebound toward $55, but the overall trend remains weak. Other consumer discretionary stocks to watch include Adidas ( ADDYY ), On Holding ( ONON ), Deckers Outdoor ( DECK ), Birkenstock Holding ( BIRK ), and Crocs ( CROX ). More on Nike Nike: A Buy Into The Window That Has Never Fai...
Earnings Call Insights: Tecogen (TGEN) Q1 2026 Management View "On today's call, I will update shareholders on the imminent PO from Vertiv, the recent surge in demand for our chillers from non-data center customers and the upcoming demonstrations we're hosting for some well-known data centers" (CEO & Director Abinand Rangesh). "I'm pleased to announce that Vertiv has approved purchasing 1 megawatt...
Earnings Call Insights: Tecogen (TGEN) Q1 2026 Management View "On today's call, I will update shareholders on the imminent PO from Vertiv, the recent surge in demand for our chillers from non-data center customers and the upcoming demonstrations we're hosting for some well-known data centers" (CEO & Director Abinand Rangesh). "I'm pleased to announce that Vertiv has approved purchasing 1 megawatt of Cooling and the PO is in process and expected imminently" (CEO & Director Rangesh). He added, "Vertiv has found a permanent home for the chillers at one of their facilities" and said the installation will let Vertiv "showcase" the system to prospective customers (CEO & Director Rangesh). "In the last 2 months, we have seen a surge in projects for non-data center customers" (CEO & Director Rangesh). He said, "We have seen more than $8 million in projects approved by customers," with "purchase orders for $2.3 million of this $8 million in hand" and the remainder expected "within the next 30 to 45 days" (CEO & Director Rangesh). "We ended the quarter with approximately $9.3 million in cash and presently have approximately $8.5 million" (CEO & Director Rangesh). He said the company expects "substantial customer deposits" as projects close, which "should strengthen our cash position" (CEO & Director Rangesh). "Total revenues for the quarter decreased by $900,000 or 12.9% in the first quarter to $6.4 million" (CFO, Treasurer & Chief Accounting Officer Roger Deschenes). He also reported, "Our net loss for the quarter increased to $2.2 million" and "The Adjusted EBITDA loss for the first quarter was $1.7 million" (CFO Deschenes). Outlook Management did not provide formal revenue or EPS guidance in the prepared remarks. "We expect costs to decrease beginning in the second quarter and to further be reduced beginning in the third quarter of this year" (CFO Deschenes). For operating cadence and commercialization milestones, management framed near-term progress around POs, deposits,...
Earnings Call Insights: Beasley Broadcast Group (BBGI) Q1 2026 Management View “Our strategy is centered on 3 clear objectives: number one, stabilizing and rebuilding our core revenue base, particularly in local direct; number two, scaling a higher-margin, more controllable digital business; and three, strengthening our balance sheet through disciplined deleveraging.” (Chairman, CEO & Interim Prin...
Earnings Call Insights: Beasley Broadcast Group (BBGI) Q1 2026 Management View “Our strategy is centered on 3 clear objectives: number one, stabilizing and rebuilding our core revenue base, particularly in local direct; number two, scaling a higher-margin, more controllable digital business; and three, strengthening our balance sheet through disciplined deleveraging.” (Chairman, CEO & Interim Principal Financial Officer Caroline Beasley) “During the quarter, we completed the sale of our Fort Myers assets, generating approximately $18 million of proceeds...” and “On May 1, we executed a comprehensive second lien restructuring, exchanging approximately $184 million of existing notes into approximately $98 million of new PIK notes.” (Chairman, CEO & Interim Principal Financial Officer Beasley) “In addition, we repurchased approximately $16 million of first lien notes and entered into a new $35 million asset-based credit facility.” (Chairman, CEO & Interim Principal Financial Officer Beasley) “We delivered $41.3 million (sic) [ $42.6 million ] of revenue, down 6.7% year-over-year... and adjusted EBITDA of $600,000 (sic) [ $400,000 ], all on a same-station basis.” (Chairman, CEO & Interim Principal Financial Officer Beasley) “Digital continues to scale, increasing 18% in first quarter on a same-station basis.” (Chairman, CEO & Interim Principal Financial Officer Beasley) “This is a portfolio in transition with identifiable, fixable problems, not a structural failure of the business.” (Chief Business Officer Kevin LeGrett) “We are intentionally shifting toward integrated bundled solutions and outcome-based selling.” (Chief Business Officer LeGrett) “At the market level, we believe digital should represent at least 35% of our total revenue.” (Chief Business Officer LeGrett) “For the first quarter, net revenue was $41.3 million (sic) [ $46.2 million ], down 13% year-over-year.” (Director of Investor Relations & Corporate Development Ilana Goldstein) Outlook “Based on what w...
Warsh has argued there's room for the central bank to lower interest rates, but that could be challenging at a time of rising inflation. (Image credit: Andrew Harnik)
Warsh has argued there's room for the central bank to lower interest rates, but that could be challenging at a time of rising inflation. (Image credit: Andrew Harnik)
Sherman theatre, Cardiff Connor Allen’s autobiographical show is a twister that winds in everything from gothic mystery to therapy sessions in an ambitious, rather incoherent mix Connor Allen’s autobiographical show features plenty of smoke and mirrors, literal and figurative. Smoke swirls from a pit on a darkened stage, jagged mirrors stand like rocks across it. It is an emotionally anguished pla...
Sherman theatre, Cardiff Connor Allen’s autobiographical show is a twister that winds in everything from gothic mystery to therapy sessions in an ambitious, rather incoherent mix Connor Allen’s autobiographical show features plenty of smoke and mirrors, literal and figurative. Smoke swirls from a pit on a darkened stage, jagged mirrors stand like rocks across it. It is an emotionally anguished play featuring a mixed-heritage protagonist (played by Allen) who has been abandoned by his Jamaican father and raised by his Welsh mother. His inability to forgive his father takes him back to Jamaica where he experiences a psychic watershed. This twister of a drama shifts ambitiously in form and tone, sliding between gothic thriller, family psychodrama and standup-style direct address at one point when Allen interacts with the audience with tipples of gin in warmly comic tones. At Sherman theatre, Cardiff , until 23 May Continue reading...
Sunrise Technologies, a global Microsoft AI Business Solutions Partner, announced today that it is expanding into Canada with the establishment of a local presence to better serve Canadian organizations.
Sunrise Technologies, a global Microsoft AI Business Solutions Partner, announced today that it is expanding into Canada with the establishment of a local presence to better serve Canadian organizations.
European Central Bank Chief Economist Philip Lane kept his cards close to his chest on whether he’ll propose an interest-rate hike next month. In a speech discussing energy supply shocks, their implications for the economy and the most appropriate response, the Irishman argued that officials must carefully study the fallout on growth and inflation — before making a judgment call. While not disclos...
European Central Bank Chief Economist Philip Lane kept his cards close to his chest on whether he’ll propose an interest-rate hike next month. In a speech discussing energy supply shocks, their implications for the economy and the most appropriate response, the Irishman argued that officials must carefully study the fallout on growth and inflation — before making a judgment call. While not disclosing his own views, he offered a preview of the arguments policymakers will weigh in June. Economic data since the ECB’s last meeting have been inconclusive on the damage the Iran war — and the surge in oil — has inflicted on the 21-nation euro zone. While some officials signaled they have seen enough to support a rate hike in June, others have said the outlook needs to deteriorate further for them to act. “Clearly, determining the appropriate monetary policy stance under these complex conditions is a judgment call,” Lane said in London. “Especially in an environment of elevated uncertainty, such judgment calls are best made on a meeting-by-meeting, data-dependent basis.” Policymakers will get a fresh set of projections in June that will reveal how far the euro zone has moved away from a baseline that envisaged a temporary spike in inflation and a relatively minor dent to growth. Lane argued that the ECB must take a close look at how domestic demand may be affected by the shock. It could damp activity, reduce income and profits, delay investment and encourage precautionary savings, he said, adding that “these ‘demand destruction’ channels limit the required adjustment in the monetary stance.” But there “several reasons” why an active response may be still be required: if the shock affects wage and price setting, if high inflation today is associated with ongoing elevated price gains and that puts upward pressure on consumption and investment, if there’s a risk that people update their beliefs about the de-facto inflation target, if holding rates becomes too difficult to unde...
Eoneren/iStock via Getty Images By Bryan Cutsinger April inflation data suggest price pressures are becoming broader and more persistent, reinforcing the Federal Reserve’s cautious stance on interest rates. Headline inflation cooled in April, but not enough to give the Federal Reserve much comfort. The Consumer Price Index rose 0.6 percent last month, down from March’s 0.9 percent increase. Yet th...
Eoneren/iStock via Getty Images By Bryan Cutsinger April inflation data suggest price pressures are becoming broader and more persistent, reinforcing the Federal Reserve’s cautious stance on interest rates. Headline inflation cooled in April, but not enough to give the Federal Reserve much comfort. The Consumer Price Index rose 0.6 percent last month, down from March’s 0.9 percent increase. Yet the year-over-year rate moved in the wrong direction, rising to 3.8 percent from 3.3 percent and extending the reversal of the disinflationary trend that had prevailed earlier this year. Core inflation told a less encouraging story. Excluding volatile food and energy prices, CPI rose 0.4 percent in April, double the 0.2 percent pace recorded in each of the prior two months. The year-over-year core rate also ticked up, rising to 2.8 percent from 2.6 percent. The moderation in headline CPI mainly reflected slower energy price growth. Energy prices rose 3.8 percent in April, well below March’s 10.9 percent surge, while gasoline prices climbed 5.4 percent after jumping 21.2 percent in March. Even so, gasoline prices are up 28.4 percent over the past year, reflecting the cumulative effect of the oil shock tied to the conflict involving Iran and disruptions to shipping through the Strait of Hormuz. But the April report was not simply an energy story. Shelter, which accounts for about one-third of the CPI, rose 0.6 percent after increasing 0.3 percent in March, although the increase is likely due to mismeasurement stemming from last fall’s government shutdown. Food prices rose 0.5 percent, with grocery prices up 0.7 percent. Several core categories also posted sizable increases: household furnishings and operations rose 0.7 percent, airline fares jumped 2.8 percent, personal care rose 0.7 percent, and apparel increased 0.6 percent. New vehicle prices, communication prices, and medical care moved lower, but not by enough to offset the broader firming elsewhere. The three-month trend ...