3 Dates for Disney Investors to Circle in June After the Stock's 24% Jump in May
GEO-82 gives Epcot foodies a new upscale lounge with a view.
Pixar's "Elio" hopes to build on the momentum of two strong theatrical releases in May.
Marvel's "Ironheart" on Disney+ gives a key character from "Black Panther: Wakanda Forever" her own show on the streaming platform.
10 stocks we like better than Walt Disney ›
Shares of Walt Disney (NYSE: DIS) had a May to remember. The stock soared 24% last month, fueled initially by a blowout quarterly report and unexpected news about a new international theme park in the works. The media giant has now fully recovered from the downticks that it experienced during the market correction earlier this year. Where does Disney go from here?
There isn't another quarterly report coming out until August, but it doesn't mean that Disney will be standing still. There is new content coming to entertain folks at the local multiplex as well as fans streaming from home. Let's take a closer look at some dates that Disney investors will be watching in June.
Disney rolled out new shows and experiences at Disney World and Disneyland in May. The original resort in California will have some more debuts in July as it picks up the tempo on its milestone of turning 70 this summer. June will be quieter than the bookend months, but it doesn't mean that something new isn't on the way.
Disney World is opening GEO-82 at its Epcot theme park on Wednesday. The new lounge located in the rear of the iconic Spaceship Earth attraction will serve up a wide range of handcrafted beverages along with a thin but artisan menu of food offerings. It also offers a great view of the park's World Showcase, a feature that will come in handy as a way to serve up a premium viewing experience for the nightly festivities.
A new posh watering hole may not move the needle, but GEO-82 is a hot attraction before it even officially opens. The first 60 days of reservation availability have been quickly gobbled up.
It's not just Disney stock entering the month of June with momentum. Its movie studio is also on a roll. Disney's live-action reboot of Lilo & Stitch has been the top draw at theaters in back-to-back weekends. It is now the country's second-highest-grossing theatrical release this year, behind A Minecraft Movie. Marvel's Thunderbolts also debuted earlier in May. The two films are among three Disney releases currently in the top five biggest moneymakers in 2025.
Disney has another potential winner coming out this month. Elio is the latest computer-animated release from Disney's Pixar hit factory. Expectations are low despite Pixar's pedigree. Industry watchers are modeling $35 million to $45 million in domestic ticket sales during its non-holiday opening weekend. This is less than last year's Inside Out 2 or Moana 2 rang up in box office receipts in a single day, but those were sequels to established properties.
Mufasa: The Lion King opened with just $35 million domestically for its premiere weekend late last year. It wound up topping $254 million by the time it was done with its multiplex run, collecting another $468 million in admissions outside of the U.S. market. If Elio is able to score strong initial reviews, the film could have a long tail at theaters.
Disney+ has now been profitable for the past year. Can it use the platform's scalability to build on its bottom line? A new series hits the premium streaming service in three weeks. Marvel's Ironheart is spinning off a character from the successful Black Panther movie franchise, giving Dominique Thorne a chance to reprise her role as Riri Williams in the new show. Riri is the genius inventor who created her own high-tech armor in the film. In the new series, Riri will have to contend with no longer having Wakandan technology on her side.
As successful as Disney+ has been with a vault of iconic talent for younger viewers -- including the recent win to become the exclusive streaming home for Cocomelon -- it also needs magnetic content for teens and adults. The media giant has already leaned on its Marvel arm to feed hit shows to the platform including Loki and WandaVision. If Ironheart is the next hit on Disney+, it will help with retention on the service. Profitability in the cutthroat streaming space is something that even Disney can't take for granted.
Before you buy stock in Walt Disney, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Walt Disney wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $651,049!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $828,224!*
Now, it's worth noting Stock Advisor's total average return is 979% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join .
See the 10 stocks »
*Stock Advisor returns as of June 2, 2025
Rick Munarriz has positions in Walt Disney. The Motley Fool has positions in and recommends Walt Disney. The Motley Fool has a disclosure policy.
3 Dates for Disney Investors to Circle in June After the Stock's 24% Jump in May was originally published by The Motley Fool
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Associated Press
7 minutes ago
- Associated Press
American Vanguard Reports First Quarter 2025 Results
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Jun 6, 2025-- American Vanguard ® Corporation (NYSE: AVD), a diversified specialty and agricultural products company that develops, manufactures, and markets solutions for crop protection and nutrition, turf and ornamental management and commercial pest control, today reported financial results for the first quarter ended March 31, 2025. Financial and Operational Highlights – First Quarter 2025 versus First Quarter 2024: Other Operational Highlights: CEO Douglas A. Kaye III stated, 'The first quarter of 2025 presented a challenging environment for suppliers to the global agricultural sector, continuing trends that we have experienced over the past 18-24 months. Against a backdrop of global economic uncertainty and generally high interest rates, customers focused on managing working capital by reducing inventory and limiting procurement to a just-in-time basis. In the face of these conditions, our results for the quarter declined, as compared to last year. While I am pleased with the progress we have made, if market conditions do not improve, we will enact further cost reduction initiatives over the coming quarters. We have made meaningful improvement to our cost structure, but much of that progress is currently being overshadowed in our financial results so far this year by the continued weakness in the agricultural environment.' Mr. Kaye continued, 'The environment is beginning to improve in the second quarter, and, like most industry participants in the agricultural chemical industry, we expect the second half of 2025 to be both seasonally stronger and to benefit from improving customer order rates. We expect to realize the benefit of commercial and operational improvements that are either completed or are well underway. As we continue to transform and simplify this business, future margins will improve, and further margin enhancement in 2026 and beyond is the target.' David T. Johnson, Vice President, CFO and Treasurer, stated 'While the industry recovers from its cyclical downturn, the team has made meaningful improvement to the cost structure. We are pleased with the results from our initial efforts to contain costs and will continue to keep a tight rein on non-essential costs for the foreseeable future. In addition to minimizing operating expenses, we have made significant improvements to our balance sheet. We ended the quarter with total debt of $167 million, which was down from $187 million the prior year. Net working capital decreased to $153 million versus $238 million a year ago. We will continue to focus on strengthening our balance sheet and positioning American Vanguard for a return to growth.' Mr. Kaye concluded, 'I believe that simplifying many of the things we do will allow us to better understand what is important and to deliver against high priority tasks. My message across the organization in this regard is straightforward – SIMPLIFY, PRIORITIZE and DELIVER. If we embrace this mantra, I believe that we can reaffirm American Vanguard's position as a trusted provider of proven agricultural and environmental solutions.' The Company, from time to time, may discuss forward-looking information. Except for the historical information contained in this release the matters set forth in this press release include forward-looking statements. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements often use words such as 'believe,' 'expect,' 'anticipate,' 'intend,' 'estimate,' 'project,' 'outlook,' 'forecast,' 'target,' 'trend,' 'plan,' 'goal,' or other words of comparable meaning or future-tense or conditional verbs such as 'may,' 'will,' 'should,' 'would,' or 'could.' These forward-looking statements are based on the current expectations and estimates by the Company's management and are subject to various risks and uncertainties that may cause results to differ from management's current expectations. Such factors include risks detailed from time-to-time in the Company's SEC reports and filings. All forward-looking statements, if any, in this release represent the Company's judgment as of the date of this release. The company disclaims any intent or obligation to update these forward-looking statements. View source version on CONTACT: Company Contact American Vanguard Corporation Anthony Young, Director of Investor Relations [email protected] (949) 221-6119 Investor Representative Alpha IR Group Robert Winters [email protected] (929) 266-6315 KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA NEW YORK INDUSTRY KEYWORD: OTHER NATURAL RESOURCES CHEMICALS/PLASTICS FOREST PRODUCTS MANUFACTURING AGRICULTURE NATURAL RESOURCES OTHER MANUFACTURING SOURCE: American Vanguard Corporation Copyright Business Wire 2025. PUB: 06/06/2025 06:15 AM/DISC: 06/06/2025 06:13 AM
Business Wire
9 minutes ago
- Business Wire
American Vanguard Reports First Quarter 2025 Results
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--American Vanguard ® Corporation (NYSE: AVD), a diversified specialty and agricultural products company that develops, manufactures, and markets solutions for crop protection and nutrition, turf and ornamental management and commercial pest control, today reported financial results for the first quarter ended March 31, 2025. Financial and Operational Highlights – First Quarter 2025 versus First Quarter 2024: Net sales of $115.8 million v. $135.1 million; Adjusted EBITDA 1 of $3.0 million v. $15.5 million; EPS of $(0.30) v. $0.06 Other Operational Highlights: Reduced net working capital by $85M year-over-year While operating expenses decreased by 5% on a GAAP basis, as compared to the year ago period, they decreased by 14% excluding transformation expenses and a non-recurring item CEO Douglas A. Kaye III stated, 'The first quarter of 2025 presented a challenging environment for suppliers to the global agricultural sector, continuing trends that we have experienced over the past 18-24 months. Against a backdrop of global economic uncertainty and generally high interest rates, customers focused on managing working capital by reducing inventory and limiting procurement to a just-in-time basis. In the face of these conditions, our results for the quarter declined, as compared to last year. While I am pleased with the progress we have made, if market conditions do not improve, we will enact further cost reduction initiatives over the coming quarters. We have made meaningful improvement to our cost structure, but much of that progress is currently being overshadowed in our financial results so far this year by the continued weakness in the agricultural environment.' Mr. Kaye continued, 'The environment is beginning to improve in the second quarter, and, like most industry participants in the agricultural chemical industry, we expect the second half of 2025 to be both seasonally stronger and to benefit from improving customer order rates. We expect to realize the benefit of commercial and operational improvements that are either completed or are well underway. As we continue to transform and simplify this business, future margins will improve, and further margin enhancement in 2026 and beyond is the target.' David T. Johnson, Vice President, CFO and Treasurer, stated 'While the industry recovers from its cyclical downturn, the team has made meaningful improvement to the cost structure. We are pleased with the results from our initial efforts to contain costs and will continue to keep a tight rein on non-essential costs for the foreseeable future. In addition to minimizing operating expenses, we have made significant improvements to our balance sheet. We ended the quarter with total debt of $167 million, which was down from $187 million the prior year. Net working capital decreased to $153 million versus $238 million a year ago. We will continue to focus on strengthening our balance sheet and positioning American Vanguard for a return to growth.' Mr. Kaye concluded, 'I believe that simplifying many of the things we do will allow us to better understand what is important and to deliver against high priority tasks. My message across the organization in this regard is straightforward – SIMPLIFY, PRIORITIZE and DELIVER. If we embrace this mantra, I believe that we can reaffirm American Vanguard's position as a trusted provider of proven agricultural and environmental solutions.' Earnings Conference Call The company will be hosting an earnings conference call at 9 am Eastern Time on June 6, 2025. The conference call can be accessed through the following link: A replay can also be accessed through the website. In addition, the company plans to post on the Investor Relations section of the company's website a presentation that should be read in connection with this earnings release. About American Vanguard American Vanguard Corporation is a diversified specialty and agriculture products company that develops and markets products for crop protection and management, turf and ornamentals management, and public and animal health. Over the past 20 years, through product and business acquisitions, the Company has significantly expanded its operations and now has more than 1,000 product registrations worldwide. To learn more about the Company, please reference The Company, from time to time, may discuss forward-looking information. Except for the historical information contained in this release the matters set forth in this press release include forward-looking statements. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements often use words such as 'believe,' 'expect,' 'anticipate,' 'intend,' 'estimate,' 'project,' 'outlook,' 'forecast,' 'target,' 'trend,' 'plan,' 'goal,' or other words of comparable meaning or future-tense or conditional verbs such as 'may,' 'will,' 'should,' 'would,' or 'could.' These forward-looking statements are based on the current expectations and estimates by the Company's management and are subject to various risks and uncertainties that may cause results to differ from management's current expectations. Such factors include risks detailed from time-to-time in the Company's SEC reports and filings. All forward-looking statements, if any, in this release represent the Company's judgment as of the date of this release. The company disclaims any intent or obligation to update these forward-looking statements. (In thousands, except share data) (Unaudited) ASSETS March 31, 2025 Current assets: Cash $ 11,805 $ 12,514 Receivables: Trade, net of allowance for credit losses of $10,321 and $9,190, respectively 159,559 169,743 Other 8,155 4,699 Total receivables, net 167,714 174,442 Inventories 184,596 179,292 Prepaid expenses 8,507 7,615 Income taxes receivable 5,226 5,030 Total current assets 377,848 378,893 Property, plant and equipment, net 57,016 58,169 Operating lease right-of-use assets, net 18,430 19,735 Intangible assets, net 147,668 150,497 Goodwill 20,291 19,701 Deferred income tax assets 1,331 1,242 Other assets 9,004 8,484 Total assets $ 631,588 $ 636,721 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 93,920 $ 69,159 Customer prepayments 24,460 52,675 Accrued program costs 70,319 69,449 Accrued expenses and other payables 17,119 31,989 Operating lease liabilities, current 5,986 6,136 Income taxes payable 1,261 2,942 Total current liabilities 213,065 232,350 Long-term debt 167,498 147,332 Operating lease liabilities, long-term 13,074 14,339 Deferred income tax liabilities 8,924 7,989 Other liabilities 1,673 1,601 Total liabilities 404,234 403,611 Commitments and contingent liabilities (Note 13) Stockholders' equity: Preferred stock, $0.10 par value per share; authorized 400,000 shares; none issued — — Common stock, $0.10 par value per share; authorized 40,000,000 shares; issued 34,850,030 shares at March 31, 2025 and 34,794,548 shares at December 31, 2024 3,485 3,479 Additional paid-in capital 115,554 114,679 Accumulated other comprehensive loss (16,904 ) (18,729 ) Retained earnings 196,420 204,882 298,555 304,311 Less treasury stock at cost, 5,915,182 shares at March 31, 2025 and December 31, 2024 (71,201 ) (71,201 ) Total stockholders' equity 227,354 233,110 Total liabilities and stockholders' equity $ 631,588 $ 636,721 Expand AMERICAN VANGUARD CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share data) (Unaudited) For the three months ended March 31 2025 2024 Net sales $ 115,800 $ 135,143 Cost of sales (85,609 ) (92,725 ) Gross profit 30,191 42,418 Operating expenses Selling, general and administrative (26,566 ) (29,469 ) Research, product development and regulatory (5,682 ) (5,706 ) Transformation (2,253 ) (1,152 ) Operating (loss) income (4,310 ) 6,091 Change in fair value of an equity investment — 638 Interest expense, net (3,765 ) (3,693 ) (Loss) income before provision for income taxes (8,075 ) 3,036 Income tax expense (387 ) (1,484 ) Net (loss) income $ (8,462 ) $ 1,552 Net (loss) income per common share—basic $ (0.30 ) $ 0.06 Net (loss) income per common share—assuming dilution $ (0.30 ) $ 0.06 Weighted average shares outstanding—basic 28,271 27,844 Weighted average shares outstanding—assuming dilution 28,271 28,128 Expand ANALYSIS OF SALES (In thousands), (Unaudited) For the three months ended March 31, 2025 2024 Change % Change Net sales: U.S. crop $ 57,176 $ 67,257 $ (10,081 ) -15 % U.S. non-crop 15,601 17,768 (2,167 ) -12 % Total U.S. 72,777 85,025 (12,248 ) -14 % International 43,023 50,118 (7,095 ) -14 % Total net sales $ 115,800 $ 135,143 $ (19,343 ) -14 % Total cost of sales $ (85,609 ) $ (92,725 ) $ 7,116 -8 % Total gross profit $ 30,191 $ 42,418 $ (12,227 ) -29 % Total gross margin 26 % 31 % Expand AMERICAN VANGUARD CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands) (Unaudited) 2025 2024 Cash flows from operating activities: Net (loss) income $ (8,462 ) $ 1,552 Adjustments to reconcile net (loss) income to net cash used in operating activities: Depreciation and amortization of property, plant and equipment and intangible assets 4,744 5,441 Amortization of other long-term assets 5 189 Provision for bad debts 1,056 700 Stock-based compensation 559 2,005 Change in deferred income taxes 1,348 (1,025 ) Change in liabilities for uncertain tax positions or unrecognized tax benefits 90 35 Change in equity investment fair value — (638 ) Other 126 (5 ) Foreign currency transaction gains (99 ) (373 ) Changes in assets and liabilities associated with operations: Decrease (increase) in net receivables 6,892 (5,579 ) Increase in inventories (4,721 ) (9,353 ) Increase in prepaid expenses and other assets (856 ) (1,466 ) Change in income tax receivable and payable, net (1,885 ) 1,014 Increase in accounts payable 22,966 2,366 Decrease in customer prepayments (28,215 ) (37,037 ) Increase in accrued program costs 837 6,399 Decrease in other payables and accrued expenses (14,961 ) (332 ) Net cash used in operating activities (20,576 ) (36,107 ) Cash flows from investing activities: Capital expenditures (431 ) (3,565 ) Proceeds from disposal of property, plant and equipment 12 23 Intangible assets (27 ) (25 ) Net cash used in investing activities (446 ) (3,567 ) Cash flows from financing activities: Payments under line of credit agreement (89,098 ) (35,346 ) Borrowings under line of credit agreement 109,265 77,146 Payment of deferred loan fees (687 ) — Net receipt from the issuance of common stock under ESPP 332 430 Net payment from common stock purchased for tax withholding (11 ) (14 ) Payment of cash dividends — (834 ) Net cash provided by financing activities 19,801 41,382 Net (decrease) increase in cash (1,221 ) 1,708 Effect of exchange rate changes on cash and cash equivalents 512 585 Cash at beginning of period 12,514 11,416 Cash at end of period $ 11,805 $ 13,709 Expand AMERICAN VANGUARD CORPORATION AND SUBSIDIARIES (Unaudited) Reconciliation of Net Income to EBITDA March 31, 2025 March 31, 2024 Net income, as reported $ (8,462 ) $ 1,552 Provision for income taxes 387 1,484 Interest expense, net 3,765 3,693 Depreciation and amortization 4,749 5,630 Stock compensation 559 2,005 Dacthal returns (216 ) — Transformation costs 2,191 1,152 Adjusted EBITDA 2 $ 2,973 $ 15,516 Expand 2 Adjusted earnings before interest, taxes, depreciation, and amortization. Adjusted EBITDA is not a financial measure calculated and presented in accordance with U.S. generally accepted accounting principles (GAAP) and should not be considered as an alternative to net income (loss), operating income (loss) or any other financial measure so calculated and presented, nor as an alternative to cash flow from operating activities as a measure of liquidity. The items excluded from adjusted EBITDA are detailed in the above reconciliation. Other companies (including the Company's competitors) may define adjusted EBITDA differently. Expand
Business Wire
21 minutes ago
- Business Wire
Shift4 Further Extends Previously Announced Tender Offer to Acquire Global Blue
CENTER VALLEY, Pa.--(BUSINESS WIRE)--Shift4 Payments, Inc. ('Shift4') (NYSE: FOUR), announced today that it is further extending its previously announced all-cash tender offer through its indirect wholly owned subsidiary, GT Holding 1 GmbH, a Swiss limited liability company ('Merger Sub'), to purchase all of the outstanding shares of Global Blue Group Holding AG ('Global Blue') (NYSE: GB) pursuant to the previously announced transaction agreement, dated as of February 16, 2025 between Global Blue and Shift4, and, from and after its execution and delivery of a joinder thereto on February 25, 2025, Merger Sub. The tender offer is subject to certain conditions, including, among other things, satisfaction of a minimum tender condition, for which the ninety (90%) threshold has been met, the receipt of regulatory approvals in certain jurisdictions and other customary closing conditions. The transaction is expected to close by the third quarter of calendar year 2025, as previously announced. Global Blue's board of directors has unanimously recommended that all shareholders tender their shares into the offer. The tender offer will remain open until one minute after 11:59 p.m. (New York City time) on June 23, 2025 and may be extended again while the parties await certain regulatory approvals. Equiniti Trust Company, LLC, the depositary and paying agent for the tender offer, has reported that, as of one minute after 11:59 p.m. (New York City time) on June 5, 2025, approximately 232,846,816 shares have been validly tendered and not withdrawn, representing approximately 96.95% of the issued and outstanding shares. Shareholders who have already tendered their shares do not need to take further action in response to this extension. For assistance with tendering shares, shareholders may contact D.F. King & Co., Inc., the information agent for the tender offer, toll-free at (800) 283-2170 or email gb@ The full terms, conditions and other details of the tender offer are available in the offering documents filed with the Securities and Exchange Commission (the 'SEC'). About Shift4 Shift4 (NYSE: FOUR) is boldly redefining commerce by simplifying complex payments ecosystems across the world. As the leader in commerce-enabling technology, Shift4 powers billions of transactions annually for hundreds of thousands of businesses in virtually every industry. For more information, visit Important Information About the Tender Offer This press release is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell (i) registered ordinary shares of Global Blue (the 'Global Blue common shares'), (ii) registered Series A convertible preferred share of Global Blue (the 'Global Blue Series A shares') and (iii) the registered Series B convertible preferred share of Global Blue (the 'Global Blue Series B shares' and together with the Global Blue common shares and the Global Blue Series A shares, the 'Global Blue shares') or any other securities, nor is it a substitute for the tender offer materials that Merger Sub filed with the SEC upon the commencement of the tender offer. Merger Sub has filed with the SEC a tender offer statement on Schedule TO (the 'Tender Offer Statement') and Global Blue has filed with the SEC a solicitation/recommendation statement on Schedule 14D-9 (the 'Solicitation/Recommendation Statement') with respect to the tender offer. THE TENDER OFFER STATEMENT (INCLUDING AN OFFER TO PURCHASE, RELATED LETTERS OF TRANSMITTAL AND CERTAIN OTHER TENDER OFFER DOCUMENTS) AND THE SOLICITATION/RECOMMENDATION STATEMENT ON SCHEDULE 14D-9 CONTAIN IMPORTANT INFORMATION. GLOBAL BLUE'S SHAREHOLDERS ARE URGED TO READ THESE DOCUMENTS CAREFULLY (AS EACH MAY BE AMENDED OR SUPPLEMENTED FROM TIME TO TIME) BECAUSE THEY CONTAIN IMPORTANT INFORMATION THAT HOLDERS OF GLOBAL BLUE'S SECURITIES SHOULD CONSIDER BEFORE MAKING ANY DECISION WITH RESPECT TO THE TENDER OFFER. The Tender Offer Statement (including the Offer to Purchase, the related Letters of Transmittal and certain other tender offer documents), as well as the Solicitation/Recommendation Statement, are available to all holders of Global Blue shares at no expense to them. The Tender Offer Statement and the Solicitation/Recommendation Statement are available for free at the SEC's website at Copies of the documents filed by Merger Sub with the SEC will also be available free of charge under the 'News & Events' section of Shift4's website at In addition, Global Blue shareholders may obtain free copies of the tender offer materials by contacting D.F. King & Co., Inc., the information agent for the tender offer by telephone at (800) 283-2170 (toll free) or by email at gb@ Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Shift4 intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including statements regarding Shift4's expectations associated with the acquisition of Global Blue by Shift4, including the completion of the acquisition, the benefits, synergies, efficiencies, and opportunities arising from the acquisition, and the timing of any of the foregoing. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to the substantial and increasingly intense competition worldwide in the financial services, payments and payment technology industries; our ability to continue to expand our share of the existing payment processing markets or expand into new markets; additional risks associated with our expansion into international operations, including compliance with and changes in foreign governmental policies, as well as exposure to foreign exchange rates; and our ability to integrate and interoperate each of our and Global Blue's services and products with a variety of operating systems, software, devices, and web browsers, and the other important factors discussed under the caption 'Risk Factors' in Part I, Item 1A in Shift4's Annual Report on Form 10-K for the years ended December 31, 2023 and our other filings with the SEC. Any such forward-looking statements represent management's expectations as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, Shift4 disclaims any obligation to do so, even if subsequent events cause our views to change.
