jetcityimage/iStock Editorial via Getty Images Honda Motor ( HMC ) shares plummeted to a more than one-year low on Friday, sliding 6.7% to 1,352 yen as the automaker braced for its first annual net loss since listing on the Tokyo Stock Exchange in 1957, triggered by a staggering $15.7 billion (¥2.5 trillion) restructuring charge as management scraps three flagship North American EV models, accordi...
jetcityimage/iStock Editorial via Getty Images Honda Motor ( HMC ) shares plummeted to a more than one-year low on Friday, sliding 6.7% to 1,352 yen as the automaker braced for its first annual net loss since listing on the Tokyo Stock Exchange in 1957, triggered by a staggering $15.7 billion (¥2.5 trillion) restructuring charge as management scraps three flagship North American EV models, according to Reuters . Emerging as the steepest decliner on the Nikkei 225 ( NKY:IND ) , the stock is currently on track for its worst single-day performance since early 2025. Japan's second-largest automaker said it expects a loss of up to ¥2.5 trillion ($15.7 billion) due to the cancellation of three planned EV models in the U. S. This includes the Honda 0 SUV, 0 Sedan, and Acura RSX. CEO Toshihiro Mibe said at a press conference that the demand shift had made EV profitability "very difficult," according to Reuters . Honda said it plans to share a detailed long-term strategy at a press conference in May. More on Honda Motor Honda Motor Co., Ltd. 2026 Q3 - Results - Earnings Call Presentation Honda: Dialing Back EV Investments Honda Motor Co., Ltd. (HMC) Q3 2026 Earnings Call Transcript Honda halts operation at Mexican plant after cartel rampage American Honda expects to sell 4% more vehicles in 2026
The announcement was made just hours before Cuban President Miguel Díaz-Canel is scheduled to speak early Friday "to address national and international issues." (Image credit: Eraldo Peres)
The announcement was made just hours before Cuban President Miguel Díaz-Canel is scheduled to speak early Friday "to address national and international issues." (Image credit: Eraldo Peres)
India’s massive restaurant industry, which feeds and employs millions, faces severe disruption as gas shortages halt commercial supplies and force outlets to scale back their menus or shut. With most kitchens dependent on LPG cylinders, the crisis threatens small businesses and jobs. Zorawar Kalra, Vice President of the National Restaurant Association of India, discusses the fallout with Haslinda ...
India’s massive restaurant industry, which feeds and employs millions, faces severe disruption as gas shortages halt commercial supplies and force outlets to scale back their menus or shut. With most kitchens dependent on LPG cylinders, the crisis threatens small businesses and jobs. Zorawar Kalra, Vice President of the National Restaurant Association of India, discusses the fallout with Haslinda Amin and Menaka Doshi on Insight with Haslinda Amin. (Source: Bloomberg)
Earnings Call Insights: KinderCare Learning Companies, Inc. (KLC) Q4 2025 Management View CEO John Wyatt opened his first call since returning to lead KinderCare in December, noting, "Our recent performance has not been where we expected it to be, and that responsibility is ours." Wyatt emphasized the need for greater urgency and decisive action, describing initiatives to evolve operations and str...
Earnings Call Insights: KinderCare Learning Companies, Inc. (KLC) Q4 2025 Management View CEO John Wyatt opened his first call since returning to lead KinderCare in December, noting, "Our recent performance has not been where we expected it to be, and that responsibility is ours." Wyatt emphasized the need for greater urgency and decisive action, describing initiatives to evolve operations and strengthen accountability. He highlighted KinderCare's recognition as one of Gallup's exceptional workplaces for the 10th consecutive year, crediting the dedication of educators and teams. Wyatt reported, "Including an extra week in the fourth quarter this year, revenue was $688 million, up 6% from last year. Adjusted EBITDA in Q4 was $68 million. Adjusted earnings per share was $0.12, and same center occupancy was 64.5%, down 340 basis points from last year." Wyatt discussed progress in expanding the portfolio, including new center openings and acquisitions, with particular mention of entering Idaho and growing the Champions and Creme Schools brands. He stated, "Our newest brand, Creme Schools, contributed 4% to total revenue during the year. In 2025, we executed a focused reset of the brand, refined its positioning and strengthened operational and program consistency while opening 2 new schools." Wyatt detailed a shift in management priorities, assigning Michael Canavin solely to KinderCare to drive enrollment, and announced changes in the short-term incentive plan to tie compensation to growth outcomes. CFO Anthony Amandi stated, "Revenue was $688 million, up 6% year over year, primarily reflecting the incremental $45 million contribution from the 53rd week. On a comparable basis, revenue was essentially flat year over year." He noted a noncash goodwill impairment of $177 million, resulting in a Q4 net loss, but emphasized there was "no impact to our liquidity, debt covenants or ability to generate cash." Outlook Amandi provided 2026 guidance: "We expect revenue of $2.7 bil...