Burlington press release ( BURL ): Q4 Non-GAAP EPS of $4.99 beats by $0.24 . Revenue of $3.64B (+11.3% Y/Y) beats by $50M , while comparable store sales increased 4% compared to the fourth quarter of Fiscal 2024. Adjusted EBITDA was $562 million vs. $456 million in the fourth quarter of Fiscal 2024, excluding $8 million and $5 million of expenses, respectively, associated with bankruptcy acquired ...
Burlington press release ( BURL ): Q4 Non-GAAP EPS of $4.99 beats by $0.24 . Revenue of $3.64B (+11.3% Y/Y) beats by $50M , while comparable store sales increased 4% compared to the fourth quarter of Fiscal 2024. Adjusted EBITDA was $562 million vs. $456 million in the fourth quarter of Fiscal 2024, excluding $8 million and $5 million of expenses, respectively, associated with bankruptcy acquired leases, an increase of 150 basis points as a percentage of sales. The Adjusted Effective Tax Rate was 25.7% vs. 24.9% in the fourth quarter of Fiscal 2024. OutlookFor Fiscal Year 2026 (the 52-weeks ending January 30, 2027), the Company expects: Total sales to increase in the range of 8% to 10% on top of the 9% increase for the 52-weeks ended January 31, 2026 vs. estimated growth of 8.72% Y/Y ; this assumes comparable store sales will increase in the range of 1% to 3%, on top of the 2% increase for the 52-weeks ended January 31, 2026; Capital expenditures, net of landlord allowances, to be approximately $875 million; To open 110 net new stores, as well as a new distribution center in Savannah, GA; Depreciation and amortization to be approximately $465 million; Adjusted EBIT margin to increase in the range of 0 to 20 basis points versus the 52-weeks ended January 31, 2026; excludes $8 million of anticipated expenses associated with bankruptcy acquired leases in Fiscal 2026 vs. $35 million incurred in Fiscal 2025; Net interest expense to be approximately $60 million; An Adjusted Effective Tax Rate of approximately 25%; and Adjusted EPS in the range of $10.95 to $11.45 vs. $11.18 consensus , as compared to $10.17 of Adjusted EPS in Fiscal 2025; excludes $6 million, net of tax, of anticipated expenses associated with bankruptcy acquired leases in Fiscal 2026 vs. $26 million incurred in Fiscal 2025. This assumes a fully diluted share count of approximately 64 million shares. For the First Quarter of Fiscal 2026 (the 13 weeks ending May 2, 2026), the Company expects: Total sales t...
BJ’s Wholesale Club press release ( BJ ): Q4 Non-GAAP EPS of $0.96 beats by $0.03 . Revenue of $5.58B (+5.7% Y/Y) beats by $30M . Comparable club sales increased by 1.6% year-over-year Comparable club sales, excluding gasoline sales, increased by 2.6% year-over-year Membership fee income increased by 10.9% year-over-year to $129.8 million The Company continued to achieve a 90% tenured member renew...
BJ’s Wholesale Club press release ( BJ ): Q4 Non-GAAP EPS of $0.96 beats by $0.03 . Revenue of $5.58B (+5.7% Y/Y) beats by $30M . Comparable club sales increased by 1.6% year-over-year Comparable club sales, excluding gasoline sales, increased by 2.6% year-over-year Membership fee income increased by 10.9% year-over-year to $129.8 million The Company continued to achieve a 90% tenured member renewal rate during fiscal 2025 Digitally enabled comparable sales growth was 31%, reflecting two-year stacked comp growth of 57% The Company provided the following guidance for fiscal 2026: Comparable club sales, excluding the impact of gasoline sales, to increase 2.0% to 3.0% year-over-year Adjusted EPS to range from $4.40 to $4.60 vs $4.66 consensus Capital expenditures of approximately $800 million, reflecting continued investment in new club openings and enhancements across our distribution network, including the ambient distribution center Shares -5% PM. More on BJ’s Wholesale Club BJ's Wholesale Club: Solid Expansion, But Valuation Leaves Little Room For Error BJ's Wholesale Club Holdings, Inc. (BJ) Q3 2025 Earnings Call Transcript BJ's Wholesale Club: Gaining More Confidence In Its Ability To Grow EPS BJ’s Wholesale Club Q4 2026 Earnings Preview BJ's Wholesale eyes expanding its small-format store concept
Robert Way The Estée Lauder Companies Inc. ( EL ) announced on Thursday that it struck a deal to acquire the remaining interests in Indian beauty brand Forest Essentials. The transaction was noted to be indicative of the company's long-term commitment to nurturing and growing the brand, as well as expanding its consumer reach globally. Estée Lauder ( EL ) noted that it has strong confidence in For...
Robert Way The Estée Lauder Companies Inc. ( EL ) announced on Thursday that it struck a deal to acquire the remaining interests in Indian beauty brand Forest Essentials. The transaction was noted to be indicative of the company's long-term commitment to nurturing and growing the brand, as well as expanding its consumer reach globally. Estée Lauder ( EL ) noted that it has strong confidence in Forest Essentials’ highly trusted brand equity, its vertically integrated capabilities, and its sustainability ethos. The transaction, which is expected to close in the second half of the calendar year, follows The Estée Lauder Companies’ minority investment in Forest Essentials, initially made in 2008 and increased to 49% in 2020. Forest Essentials was founded in 2000 by visionary entrepreneur Mira Kulkarni. The brand was highlighted as redefining modern Luxurious Ayurveda for today’s world, transforming time-honored beauty rituals into exquisitely crafted formulations, immersive retail experiences with nearly 200 freestanding stores, and sensorial indulgences rooted in purity and craftsmanship. It is now established as the top-ranked brand in prestige skincare in India. The brand, which is forecasted to grow net sales at a low double-digit rate, combined with The Estée Lauder Companies’ ( EL ) existing brand portfolio, will make India the company’s largest emerging market. Shares of Estée Lauder ( EL ) are down 5.3% on a year-to-date basis. The Seeking Alpha Quant Rating on the stock is Hold. More on Estee Lauder Estée Lauder: The Storm Is Finally Over, But There Are Risks Involved Estee Lauder: Valuation Premium Is Unjustified The Estée Lauder Companies Inc. (EL) Q2 2026 Earnings Call Transcript Estée Lauder sues Walmart for selling counterfeits Estée Lauder's post FQ2 selloff presents attractive entry point -- Citi Research
Duncan_Andison/iStock via Getty Images Market Review Equity markets in the developing world, as measured by the MSCI Emerging Markets Index, rose 4.7% in the fourth quarter, as risk appetites remained largely resilient amid investor enthusiasm for artificial intelligence (AI) and despite tariff risks and geopolitical risks. Latin America was the best-performing region, climbing 8.2%. Stock markets...
Duncan_Andison/iStock via Getty Images Market Review Equity markets in the developing world, as measured by the MSCI Emerging Markets Index, rose 4.7% in the fourth quarter, as risk appetites remained largely resilient amid investor enthusiasm for artificial intelligence (AI) and despite tariff risks and geopolitical risks. Latin America was the best-performing region, climbing 8.2%. Stock markets in Chile and Peru gained in sympathy with the rise in commodity prices. Brazil's stock market rose, thanks to interest rate cuts locally and in the US. Argentina's stock market jumped on news that libertarian President Javier Milei won a landslide victory in midterm elections, handing him a mandate to continue pursuing his radical overhaul of the country's economy. The region encompassing emerging Europe, the Middle East, and Africa (EMEA) was the worst-performing region, rising 4.0%. Stock markets in Poland, Hungary, and the Czech Republic rose, as investors began to anticipate better economic prospects and a possibility of a peace agreement between Russia and Ukraine. South Africa's stock market rose in sympathy with the rise in the price of gold. Emerging Asia also underperformed, advancing 4.5%. Stock markets in global technology hubs Korea and Taiwan rose on optimism about the demand outlook for chips, the flagship industry of both countries, despite wavering sentiment in November. China's stock market fell on concerns about the country's economic outlook. Information technology, materials, and energy were the best-performing sectors in the period. Consumer discretionary, health care and communication services were the worst-performing sectors. (Index returns were measured net of taxes and in US dollar terms.) Portfolio Drivers In the fourth quarter, the Lazard Emerging Markets Equity Portfolio rose in absolute terms and outperformed its benchmark, the MSCI Emerging Markets Index. (Portfolio returns were measured net of fees and in US dollar terms.) Helped Stock selec...
Insigneo Advisory Services LLC boosted its holdings in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 10.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 64,728 shares of the information services provider's stock after buying an additional 6,166 shares during the period. Alphabet makes up about 1.1% of Insigneo Advis...
Insigneo Advisory Services LLC boosted its holdings in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 10.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 64,728 shares of the information services provider's stock after buying an additional 6,166 shares during the period. Alphabet makes up about 1.1% of Insigneo Advisory Services LLC's investment portfolio, making the stock its 15th biggest position. Insigneo Advisory Services LLC's holdings in Alphabet were worth $15,765,000 at the end of the most recent quarter. A number of other institutional investors have also recently bought and sold shares of GOOG. Vanguard Group Inc. grew its stake in shares of Alphabet by 1.3% during the second quarter. Vanguard Group Inc. now owns 416,753,033 shares of the information services provider's stock worth $73,927,821,000 after purchasing an additional 5,182,111 shares during the period. State Street Corp boosted its holdings in Alphabet by 1.3% during the second quarter. State Street Corp now owns 188,914,125 shares of the information services provider's stock worth $33,511,477,000 after buying an additional 2,428,266 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Alphabet by 0.4% during the 2nd quarter. Geode Capital Management LLC now owns 107,760,033 shares of the information services provider's stock worth $19,022,926,000 after buying an additional 441,177 shares during the period. JPMorgan Chase & Co. raised its position in shares of Alphabet by 8.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider's stock valued at $24,240,469,000 after acquiring an additional 7,904,434 shares during the period. Finally, Sanders Capital LLC raised its position in shares of Alphabet by 6.4% in the 2nd quarter. Sanders Capital LLC now owns 35,357,943 shares of the information services provider's stock valued at $...
From 25m ago 11.34 GMT Asylum system 'not fair' for 'hard-working people' in Britain, says home secretary Mahmood says that the asylym system is “not fair” for “hard-working people” across the country. She says: double quotation mark Hard-working people across this country engaged in the daily struggle to make ends meet; they see a state that they pay taxes for but it is unable to stop a flow of d...
From 25m ago 11.34 GMT Asylum system 'not fair' for 'hard-working people' in Britain, says home secretary Mahmood says that the asylym system is “not fair” for “hard-working people” across the country. She says: double quotation mark Hard-working people across this country engaged in the daily struggle to make ends meet; they see a state that they pay taxes for but it is unable to stop a flow of dinghies across the channel. And they see a state that is paying billions towards hotels like the one near them. It doesn’t look fair because it’s not fair. And it erodes their trust in government. The home secretary adds: double quotation mark Without the trust of citizens in the state, there is no space for Labour values in any part of government to be realised. She says that restoring control of the borders “is a necessary condition” for a Labour government to achieve anything. Share Updated at 11.35 GMT now 12.00 GMT Mahmood criticises “misinformation” about sharia law relating to London, while praising Sadiq Khan as she is questioned about Donald Trump’s rebukes of the city’s mayor. The home secretary is asked about the US president’s criticism of the UK government over its decisions on Iran, as well as his attacks on Khan, his claim that London wants to turn to sharia law and his comments about immigration. She says: double quotation mark The US president will say some things that we agree with and others that we disagree with. We are getting our immigration system under control. That is my job. That’s what I’ve been setting out today, and we will pursue that. Others can comment as they wish, but what I am motivated by is resolving problems for citizens in our country. On Khan, she adds: double quotation mark And let me just say on Sadiq, I think he’s doing an excellent job as mayor of London and there is a lot of misinformation that is often put out about what’s happening in London, whether that’s on crime rates or whether that’s on things like sharia law, for example...
Azerbaijan warned on Thursday that it was preparing unspecified response measures after a pair of Iranian drones flew across its border and injured four people in the Nakhchivan exclave, raising concern about further spillover of the conflict in the Middle East. “These attacks will not remain unanswered,” the Azerbaijani Defence Ministry said in a statement. It added that it was investigating the...
Azerbaijan warned on Thursday that it was preparing unspecified response measures after a pair of Iranian drones flew across its border and injured four people in the Nakhchivan exclave, raising concern about further spillover of the conflict in the Middle East. “These attacks will not remain unanswered,” the Azerbaijani Defence Ministry said in a statement. It added that it was investigating the types of drones used in the attack, and “preparing the necessary response measures to protect the territorial integrity and sovereignty of the country and to ensure the safety of civilians and civilian infrastructure”. Advertisement Azerbaijan and Iran already have tense relations over Baku’s growing economic, energy and military ties to Turkey and Israel. Iran, which has been retaliating for US and Israeli strikes since Saturday in an air war now engulfing the Middle East, also boasts a sizeable ethnically Azerbaijani population. The Foreign Ministry earlier demanded in a statement that Iran “clarify the matter in the shortest possible time, provide an explanation and take the necessary urgent measures to prevent such incidents from recurring in the future”. Damage at the Nakhchivan International Airport following what Azerbaijan’s foreign ministry said was a drone attack carried out by Iran. Photo: AP “This attack on the territory of Azerbaijan contradicts the norms and principles of international law and contributes to increased tensions in the region,” it said. The Iranian ambassador to Azerbaijan was summoned to the ministry and received a formal note of protest.
is a London-based reporter at The Verge covering all things AI and Senior Tarbell Fellow. Previously, he wrote about health, science and tech for Forbes. Anthropic CEO Dario Amodei is reportedly back at the negotiating table with the Department of Defense in an attempt to salvage the company’s relationship with the US military and prevent it from being iced out of defense work for being a “supply ...
is a London-based reporter at The Verge covering all things AI and Senior Tarbell Fellow. Previously, he wrote about health, science and tech for Forbes. Anthropic CEO Dario Amodei is reportedly back at the negotiating table with the Department of Defense in an attempt to salvage the company’s relationship with the US military and prevent it from being iced out of defense work for being a “supply chain risk.” Talks between the two parties imploded on Friday after weeks of bitter public feuding over the startup’s refusal to grant the Pentagon unrestricted access to its AI, with rivals like OpenAI rushing to fill the void. Amodei is in talks with under-secretary of defense for research and engineering Emil Michael about a new contract that would allow the US military to continue using Anthropic’s Claude AI models, according to the Financial Times, citing unnamed sources with knowledge of the matter. Michael attacked Amodei on social media last week amid a tense standoff over acceptable military uses of AI, calling the executive a “liar” with a “God-complex” and accusing him of “putting our nation’s safety at risk.” Securing a new deal could be a matter of survival for the US startup. Secretary of Defense Pete Hegseth said he would designate Anthropic a supply chain risk on Friday, a category typically reserved for companies with ties to foreign governments that pose national security risks to the United States. The designation would have a ripple effect throughout the US tech ecosystem, forcing firms to ditch Claude and sever ties with the company if they want to keep working on defense contracts. A newly leaked memo sent from Amodei to Anthropic staff on Friday, first reported on by The Information and also seen by the FT, is likely to inflame already tense relations between the company and the Trump administration. In it, Amodei reportedly criticized OpenAI’s deal with the Pentagon as “safety theater” and described the messaging from both parties as “straight up lie...
Good morning . Iran vows to escalate retaliation. Stranded travelers are learning a hard lesson. And data centers are a new target in modern warfare. Listen to the day’s top stories . S&P 500 Index Futures 6,877.75 +0.03% Nasdaq 100 Index Futures 25,142.75 +0.06% Bloomberg Dollar Spot Index 1,202.53 +0.22% Iran vowed to escalate its retaliation against US strikes and avenge the US sinking of an Ir...
Good morning . Iran vows to escalate retaliation. Stranded travelers are learning a hard lesson. And data centers are a new target in modern warfare. Listen to the day’s top stories . S&P 500 Index Futures 6,877.75 +0.03% Nasdaq 100 Index Futures 25,142.75 +0.06% Bloomberg Dollar Spot Index 1,202.53 +0.22% Iran vowed to escalate its retaliation against US strikes and avenge the US sinking of an Iranian warship as the conflict entered its sixth day. Arab states across the Persian Gulf reported interceptions of Iranian missiles and drones. Oil extended gains after China was said to have told its largest refiners to suspend exports of diesel and gasoline , and Iran said it struck a US oil tanker. Stocks also remained in flux as the war forces investors to reassess one of their favorite strategies: Sell America, buy Asia . Stay up to date with our rolling coverage . Stranded travelers are learning the hard way that their insurance won’t cover replacement flights or extended hotel stays. At the same time, Asian airlines have become the go-to option for people trying to escape, albeit for a hefty premium . The number of canceled flights to Middle East hubs has surpassed 23,000 since fighting began. For millennia, warring parties have tried to cripple their enemies by targeting critical infrastructure—poisoning wells, burning bridges or, more recently, attacking railways, refineries and airports. This time another target has come to the fore: data centers . US forces are turning to AI tools to quickly manage enormous amounts of data for operations against Iran, highlighting the emerging technology’s growing role in warfare. Meanwhile, Anthropic has resumed discussions with the Pentagon about the way its models are used by the US military, raising the possibility that the two sides can resolve a feud that’s transfixed Silicon Valley . In the mainstream, economists expect AI will deliver higher productivity, but investors are growing nervous about what damage might be done a...
Ituran Location press release ( ITRN ): Q4 GAAP EPS of $0.77. Revenue of $93.5M (+12.8% Y/Y). 76% of revenues were from location-based service subscription fees, and 24% were from product revenues. Revenues from subscription fees were $71.1 million, an increase of 15% over the fourth quarter of 2024 revenues. The subscriber base expanded to 2,630,000 by the end of December 2025, marking an increas...
Ituran Location press release ( ITRN ): Q4 GAAP EPS of $0.77. Revenue of $93.5M (+12.8% Y/Y). 76% of revenues were from location-based service subscription fees, and 24% were from product revenues. Revenues from subscription fees were $71.1 million, an increase of 15% over the fourth quarter of 2024 revenues. The subscriber base expanded to 2,630,000 by the end of December 2025, marking an increase of 42,000 from the previous quarter. Product revenues were $22.4 million, an increase of 5% year-over-year. More on Ituran Location Seeking Alpha’s Quant Rating on Ituran Location Historical earnings data for Ituran Location Dividend scorecard for Ituran Location Financial information for Ituran Location