Yeti press release ( YETI ): Q4 Non-GAAP EPS of $0.92 beats by $0.04 . Revenue of $583.7M (+6.8% Y/Y) beats by $1.27M . Net sales increased 7% and adjusted net sales increased 5%, driven by 25% international net sales growth. Drinkware net sales grew 6% For Fiscal 2026 compared to Fiscal 2025, YETI expects: Adjusted sales to increase between 6% to 8%; Adjusted operating income as a percentage of a...
Yeti press release ( YETI ): Q4 Non-GAAP EPS of $0.92 beats by $0.04 . Revenue of $583.7M (+6.8% Y/Y) beats by $1.27M . Net sales increased 7% and adjusted net sales increased 5%, driven by 25% international net sales growth. Drinkware net sales grew 6% For Fiscal 2026 compared to Fiscal 2025, YETI expects: Adjusted sales to increase between 6% to 8%; Adjusted operating income as a percentage of adjusted sales of approximately 14.4%, flat compared to last year, and reflecting an incremental unfavorable impact of approximately 200 basis points driven by higher tariff costs year-over-year; Adjusted operating income growth of 6% to 8% for the full year, in line with projected sales growth; An effective tax rate of approximately 24%; Adjusted net income per diluted share between $2.77 and $2.83 vs $2.58 consensus, reflecting a 12% to 14% increase; Diluted weighted average shares outstanding of approximately 76.6 million. This outlook reflects the impact of $100 million in expected share repurchases in Fiscal 2026; Capital expenditures between $60 million and $70 million, primarily to support investments in technology, new product innovation, and our supply chain; and Free cash flow between $200 million and $225 million. More on Yeti YETI: Don't Hold This Stock As Core U.S. Market Wanes YETI Holdings, Inc. (YETI) Presents at Morgan Stanley Global Consumer & Retail Conference 2025 Transcript Yeti Q4 2025 Earnings Preview Seeking Alpha’s Quant Rating on Yeti Historical earnings data for Yeti
Nvidia has fully exited its stake in Arm Holdings, ending its investment in the chip designer after the collapse of its earlier acquisition attempt. The exit closes a multiyear relationship that began with Nvidia's bid for Arm and continued through Arm's IPO and public trading under NasdaqGS:ARM. This move removes a major source of speculation around Arm's future ownership structure and Nvidia's r...
Nvidia has fully exited its stake in Arm Holdings, ending its investment in the chip designer after the collapse of its earlier acquisition attempt. The exit closes a multiyear relationship that began with Nvidia's bid for Arm and continued through Arm's IPO and public trading under NasdaqGS:ARM. This move removes a major source of speculation around Arm's future ownership structure and Nvidia's role in the company. Arm Holdings, traded as NasdaqGS:ARM, last closed at $127.24, with the...
MTY Food Group press release ( MTYFF ): Q4 Non-GAAP EPS of $1.88. Revenue of $305.4M (+7.4% Y/Y) beats by $98.44M . Normalized adjusted EBITDA, which excludes acquisition-related expenses and SAP project implementation costs, increased by $28.3 million year-over-year to reach $87.7 million in the fourth quarter of 2025. At the end of the fourth quarter of 2025, MTY’s network had 7,080 locations in...
MTY Food Group press release ( MTYFF ): Q4 Non-GAAP EPS of $1.88. Revenue of $305.4M (+7.4% Y/Y) beats by $98.44M . Normalized adjusted EBITDA, which excludes acquisition-related expenses and SAP project implementation costs, increased by $28.3 million year-over-year to reach $87.7 million in the fourth quarter of 2025. At the end of the fourth quarter of 2025, MTY’s network had 7,080 locations in operation, of which 6,831 were franchised or under operator agreements and 249 were corporate-owned. The geographical split among MTY’s locations remained stable year-over-year at 57% in the US, 35% in Canada and 8% International. During the fourth quarter of 2025, MTY’s network opened 85 locations (Q4 2024 – 92 locations) and closed 66 others (Q4 2024 – 79 locations) for a net positive store growth of 19 locations. More on MTY Food Group Inc. MTY Food Group: The Buyout Math Is Too Obvious To Ignore Seeking Alpha’s Quant Rating on MTY Food Group Inc. Historical earnings data for MTY Food Group Inc. Dividend scorecard for MTY Food Group Inc. Financial information for MTY Food Group Inc.
Hong Kong’s hotels and tourist-area restaurants reported robust business during the Lunar New Year holiday, even as a surge in outbound travel by residents underscored the city’s increasingly visitor-driven festival economy. An industry leader said the city had also seen more mainland tourists partly because of ongoing diplomatic tensions between China and Japan. Hongkongers were able to enjoy a n...
Hong Kong’s hotels and tourist-area restaurants reported robust business during the Lunar New Year holiday, even as a surge in outbound travel by residents underscored the city’s increasingly visitor-driven festival economy. An industry leader said the city had also seen more mainland tourists partly because of ongoing diplomatic tensions between China and Japan. Hongkongers were able to enjoy a nine-day holiday this year by taking two days of annual leave on February 16 and 20 on either side of...
littleny/iStock Editorial via Getty Images The Unthinkable Might Finally Happen Madison Square Garden Sports Corp. (NYSE: MSGS ) is a unique small-cap company that allows shareholders to own a piece of professional US sports. The stock encompasses equity ownership of both the NBA's New York Knicks and the NHL's New York Rangers . There aren't many other opportunities to do this, with the Atlanta B...
littleny/iStock Editorial via Getty Images The Unthinkable Might Finally Happen Madison Square Garden Sports Corp. (NYSE: MSGS ) is a unique small-cap company that allows shareholders to own a piece of professional US sports. The stock encompasses equity ownership of both the NBA's New York Knicks and the NHL's New York Rangers . There aren't many other opportunities to do this, with the Atlanta Braves Holdings, Inc. ( BATRK ) being the other often owned and written about opportunity. Some news on the recent announcement : MSG Sports, in part following activist shareholder pressure, is exploring a spin-off of the NBA’s Knicks and NHL’s Rangers into two separate, publicly traded companies. The James Dolan–led entity said Wednesday that it is looking into the move and whether it would provide “enhanced strategic and financial flexibility,” though there is no certainty it will happen and no defined timetable for a decision. “Both the Knicks and Rangers are premier teams in their respective leagues, with storied histories and large and passionate fan bases,” Dolan, MSG Sports executive chairman and CEO, said in a statement. “We believe this proposed transaction would provide each company with enhanced strategic flexibility, its own defined business focus, and clear characteristics for investors.” The formal exploration of the spin-off arrives nearly eight months after activist investor Boyar Value Group pressured MSG Sports to do this , arguing that the full value of the Knicks was particularly trapped in the current corporate structure. Investors in this stock have seen value for years. Two of the most valuable franchises in their respective leagues are being sold at a discount to comps. However, they had little faith that ownership and CEO James Dolan would budge and split apart the two companies to make them marketable. The Dolan family controls 3 companies currently: Company Ticker Owns Madison Square Garden Sports MSGS Knicks, Rangers Madison Square Garden Entertai...
Cenovus Energy press release ( CVE ): Q4 EPS of C$0.50 Revenue of C$12.93B (-14.7% Y/Y). More on Cenovus Energy Inc. Cenovus Energy: MEG Energy Acquisition Results Are The Key To Outperformance Cenovus Energy: Big Year Ahead Cenovus Energy: 2026 Is Going To Be Interesting Chevron and Suncor upgraded, ConocoPhillips and Cenovus cut at J.P. Morgan Seeking Alpha’s Quant Rating on Cenovus Energy Inc.
Cenovus Energy press release ( CVE ): Q4 EPS of C$0.50 Revenue of C$12.93B (-14.7% Y/Y). More on Cenovus Energy Inc. Cenovus Energy: MEG Energy Acquisition Results Are The Key To Outperformance Cenovus Energy: Big Year Ahead Cenovus Energy: 2026 Is Going To Be Interesting Chevron and Suncor upgraded, ConocoPhillips and Cenovus cut at J.P. Morgan Seeking Alpha’s Quant Rating on Cenovus Energy Inc.
Legacy Cedar Fair press release ( FUN ): Q4 GAAP EPS of -$0.91 misses by $0.62 . Revenue of $650M (-5.4% Y/Y) beats by $51.95M . Attendance totaled 9.3 million guests, down 13% or approximately 1.4 million visitors compared with the fourth quarter of 2024 -- on a per operating day basis attendance was down 2% compared with the fourth quarter of 2024. Per capita spending (2) was $66.41, up 8% compa...
Legacy Cedar Fair press release ( FUN ): Q4 GAAP EPS of -$0.91 misses by $0.62 . Revenue of $650M (-5.4% Y/Y) beats by $51.95M . Attendance totaled 9.3 million guests, down 13% or approximately 1.4 million visitors compared with the fourth quarter of 2024 -- on a per operating day basis attendance was down 2% compared with the fourth quarter of 2024. Per capita spending (2) was $66.41, up 8% compared with the fourth quarter of 2024. Adjusted EBITDA (1) totaled $165 million compared with Adjusted EBITDA of $209 million in the fourth quarter of 2024. Operating days totaled 779, down 11%, compared with 878 days in the fourth quarter of 2024. More on Legacy Cedar Fair Six Flags: Can Activist Pressure The Broken Merger? (Rating Upgrade) Legacy Cedar Fair Q4 2025 Earnings Preview Disney moves forward with plans for a theme park in Abu Dhabi Seeking Alpha’s Quant Rating on Legacy Cedar Fair Historical earnings data for Legacy Cedar Fair
Sandwish/iStock via Getty Images Introduction Paychex ( PAYX ) was long seen as a stable, growing business in the human capital management (HCM) space that was built on sticky business clients, recurring payroll revenues, and operating margins north of 40%. For years, its scale, regulatory expertise, and bundled HR solutions created a durable moat that justified premium valuation multiples. But as...
Sandwish/iStock via Getty Images Introduction Paychex ( PAYX ) was long seen as a stable, growing business in the human capital management (HCM) space that was built on sticky business clients, recurring payroll revenues, and operating margins north of 40%. For years, its scale, regulatory expertise, and bundled HR solutions created a durable moat that justified premium valuation multiples. But as growth starts to lean more on acquisitions and as AI begins to commoditize parts of its business, I think investors are forced to ask a tougher question: is Paychex still the defensive cash machine it once was, or is its competitive advantage quietly clocking out? Credit where it’s due, the business is holding its own Q2'26 expectations were already low for Paychex, and so the company surpassed them across all major metrics. On the top line, revenues of $1.56 billion were 18% higher compared to last year, right in line with consensus expectations. On the bottom line, EPS of $1.26 was 12 cents higher compared to last year and 3 cents above sell-side estimates. Seeking Alpha When we look at what drove results this quarter, the biggest thing to point out was in the Management Solutions business that grew 21% to $1.2 billion; the company had decent product penetration and price realization, but that was partially offset by a softer revenue per client. But most of that wasn’t organic, as the Paycor acquisition contributed roughly 17% to that increase. In April last year, Paychex bought Paycor in a $4.1 billion transaction at a 15.7x EV/EBITDA multiple, well above where Paychex itself trades today. Paycor is similar to Paychex in that it provides HCM software like payroll and HR but Paycor has more of a focus on small and mid-market customers, and the deal rationale was mostly around cross selling opportunities that would allow Paychex to deliver its PEA, ASO, and retirement solutions services to Paycor customers. In the company’s other segment, PEO and Insurance Solutions, reve...
EPAM Systems press release ( EPAM ): Q4 Non-GAAP EPS of $3.26 beats by $0.10 . Revenue of $1.41B (+12.8% Y/Y) beats by $20M . Cash provided by operating activities was $282.9 million in the fourth quarter of 2025, an increase from $130.3 million in the fourth quarter of 2024; and was $654.9 million in 2025, an increase from $559.2 million in 2024; 2026 Outlook - Full Year and First Quarter Full Ye...
EPAM Systems press release ( EPAM ): Q4 Non-GAAP EPS of $3.26 beats by $0.10 . Revenue of $1.41B (+12.8% Y/Y) beats by $20M . Cash provided by operating activities was $282.9 million in the fourth quarter of 2025, an increase from $130.3 million in the fourth quarter of 2024; and was $654.9 million in 2025, an increase from $559.2 million in 2024; 2026 Outlook - Full Year and First Quarter Full Year EPAM expects the following for the full year: The Company expects the year-over-year revenue growth rate to be in the range of 4.5% to 7.5% for 2026 vs. $5.83B consensus vs. estimated growth of 7.08% Y/Y. The Company expects the year-over-year revenue growth rate on an organic constant currency basis to be in the range of 3% to 6%; For the full year, EPAM expects GAAP income from operations to be in the range of 10% to 11% of revenues and non-GAAP income from operations to be in the range of 15% to 16% of revenues; The Company expects its GAAP effective tax rate to be approximately 26% and its non-GAAP effective tax rate to be approximately 24%; and EPAM expects GAAP diluted EPS will be in the range of $7.95 to $8.25 for the year, and non-GAAP diluted EPS will be in the range of $12.60 to $12.90 for the year vs. $12.55 consensus . The Company expects weighted average diluted shares outstanding for the year of 54.4 million. First Quarter EPAM expects the following for the first quarter: The Company expects revenues will be in the range of $1.385 billion to $1.400 billion for the first quarter reflecting a year-over-year increase of 7.0% at the midpoint of the range vs. $1.40B consensus . The Company expects year-over-year revenue growth on an organic constant currency basis to be approximately 2.9% at the midpoint of the range; For the first quarter, EPAM expects GAAP income from operations to be in the range of 7.0% to 8.0% of revenues and non-GAAP income from operations to be in the range of 13.5% to 14.5% of revenues; The Company expects its GAAP effective tax rate to ...