Officials break ground on park expansion in Atlanta's West End
Beltline officials say the expansion will take the park from a 0.3-acre playlot to an 8-acre recreational destination.
The project is scheduled for completion in Spring 2026.
The expanded park will feature three distinct areas that will include a sheltered seating area, a lawn for community gatherings and recreation, a splash pad and play area, a half-court basketball court, and bathrooms.
Security cameras, guard rails, and retaining walls will also be installed on-site.
'This original idea is now 16 years old, and we're finally able to bring this to fruition for the neighborhood,' Kevin Burke, ABI's Director of Design, said. 'Among other reasons, I'm especially glad that I've been able to stay with the project and be able to be a part of the team that has designed and will construct this park.'
[DOWNLOAD: Free WSB-TV News app for alerts as news breaks]
TRENDING STORIES:
Veteran Atlanta Country music radio personality 'Cadillac Jack' has died at age 51
Paramedic accused of assaulting patient in ambulance in Cobb County
Mother describes horrifying moments as she watched her SUV burst into flames along GA 400
[SIGN UP: WSB-TV Daily Headlines Newsletter]

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
37 minutes ago
- Yahoo
Workday (WDAY) Poised for Small Beat as Wall Street Waits on AI Commentary
Workday, Inc. (NASDAQ:) is one of the AI Stocks On Wall Street's Radar. On August 15, Evercore ISI analyst Kirk Materne reiterated an Outperform rating on the stock with a $275.00 price target. The rating affirmation comes ahead of Workdays' earnings report due on August 21. The firm anticipates Workday to deliver a 'small beat' against the subscription revenue guidance of $2.16 billion. This represents 13.5% growth. However, it expects no major changes to the company's fiscal year 2026 subscription revenue growth forecast of approximately 14%. 'Adjusting for the F1Q leap day headwind, the current F2Q guidance essentially implies a continuation of F1Q trends into F2Q and why we see a 'slight beat' being reasonable despite mixed partner checks.' Evercore ISI also believes it would be useful if the management provides commentary around Workday's AI-related contribution. Overall, the broader takeaway is that Workday is managing well despite the 'choppier macro' backdrop. Expectations for the future look reasonable as well. 'In our view, any commentary around the AI-related contribution to growth would be helpful as well as any commentary that provides more confidence in the implied 2H acceleration in guidance. In terms of CRPO, we believe that anything close to 16% (vs. guidance of 15%-16%) would be 'good enough' and an outlook for F3Q of ~15.5% at the midpoint would be our base case assumption. In our view, the broader takeaway from the quarter is likely to be that Workday is executing in a choppier macro and the forward expectations seem reasonable, as the 'terminal risk' debate is unlikely to get settled in the near-term regardless of the quarterly results.' Workday, Inc. (NASDAQ:WDAY) provides enterprise cloud applications. While we acknowledge the potential of WDAY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
40 minutes ago
- Yahoo
Lowe's Q2 Earnings Beat, Comps Rise Y/Y, View Revised on ADG Inclusion
Lowe's Companies, Inc. LOW posted second-quarter fiscal 2025 results with year-over-year growth in both the top and bottom lines. While revenues came in just shy of the Zacks Consensus Estimate, earnings surpassed the same. The Mooresville, NC-based home improvement retailer returned to positive comparable sales during the quarter. Management also updated its full-year outlook following the completion of the Artisan Design Group (ADG) acquisition. LOW's Quarterly Performance: Key Metrics & Insights The home improvement retailer posted adjusted earnings of $4.33 per share, which beat the Zacks Consensus Estimate of $4.23. The figure marked a 5.6% increase from earnings of $4.10 per share reported in the same period last year. Including costs related to the acquisition of ADG, quarterly earnings came in at $4.27 per share, up from $4.17 in the prior-year sales of $23,959 million marginally missed the consensus estimate of $23,961 million but rose from $23,586 million in the year-ago period. The growth was driven by a 1.1% increase in comparable sales as both Pro and DIY customers contributed despite a challenging start to the quarter from the weather. We had anticipated a 1.5% increase in comparable sales. Lowe's Companies, Inc. Price, Consensus and EPS Surprise Lowe's Companies, Inc. price-consensus-eps-surprise-chart | Lowe's Companies, Inc. Quote LOW's Margin & Cost Details Lowe's reported an adjusted gross margin of 33.8%, an increase of 37 basis points from the same quarter last year. We had expected gross margin to remain flat year over selling, general and administrative expenses totaled $4,149 billion, up from $4,068 million from the year-ago period. As a percentage of net sales, the metric came in at 17.3%, almost flat year over adjusted operating income increased to $3,512 million from $3,404 million a year earlier. We observe that the operating margin expanded 23 basis points to 14.7%. We anticipated a 10-basis-point lift in the operating margin. Lowe's Pro Strategy: ADG Closed; FBM Deal Announced The acquisition of ADG expands Lowe's ability to capture a greater share of Pro planned spending and strengthens its reach in new home construction. Building on this, the company has entered into an agreement to acquire Foundation Building Materials (FBM) for roughly $8.8 more than 370 locations in the United States and Canada, and about 40,000 Pro customers, FBM generated an estimated $6.5 billion in revenues and $635 million in adjusted EBITDA in 2024 on a pro forma basis. The deal, to be funded with debt, is expected to be accretive to adjusted earnings per share in the first full year post-close and significantly advance Lowe's Total Home and Pro strategies. LOW's Financial Health Snapshot This Zacks Rank #3 (Hold) company ended the quarter with cash and cash equivalents of $4,860 million, long-term debt (excluding current maturities) of $30,548 million, and a shareholders' deficit of $11,400 the first half of fiscal 2025, operating cash flow totaled $7,610 million, while free cash flow stood at $6,597 million after accounting for capital expenditures of $1,013 million. The company returned value to its shareholders by paying $645 million in dividends during the quarter, in addition to investing $1.3 billion toward the ADG of Aug. 1, 2025, Lowe's operated 1,753 stores, encompassing a total of 195.5 million square feet of retail selling space. A Sneak Peek Into LOW's FY25 Outlook Management raised its full-year sales guidance to reflect ADG's contribution. Total sales are now projected between $84.5 billion and $85.5 billion, up from the prior range of $83.5 billion to $84.5 billion. Comparable sales are expected to be flat to up 1%. The operating margin forecast is 12.1%-12.2% (previously between 12.3% and 12.4%), with the adjusted operating margin guided to 12.2%-12.3%.Lowe's foresees earnings per share to be in the band of $12.10 to $12.35 (previously $12.15 to $12.40) with adjusted earnings projected in the range of $12.20 to $12.45 per share. Capital expenditures remain guided at approximately $2.5 billion. Lowe's Stock Price Performance Shares of Lowe's have advanced 17.2% in the past month compared with the industry's rise of 13%. Don't Miss These Solid Bets The Kroger Co. KR operates in the thin-margin grocery industry, and currently carries a Zacks Rank #2 (Buy). KR has a trailing four-quarter earnings surprise of 1.4%, on average. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks Zacks Consensus Estimate for Kroger's current financial-year sales and earnings implies growth of 1.1% and 6.5%, respectively, from the year-ago reported Outlet GO, an extreme value retailer of quality, name-brand consumables and fresh products, carries a Zacks Rank #2 at present. GO has a trailing four-quarter earnings surprise of 28.2%, on Zacks Consensus Estimate for Grocery Outlet's current financial-year sales suggests growth of around 8.2% from the year-ago reported Bargain Outlet Holdings OLLI is a value retailer of brand-name merchandise at drastically reduced prices and currently carries a Zacks Rank #2. OLLI has a trailing four-quarter earnings surprise of 2%, on Zacks Consensus Estimate for Ollie's current fiscal-year sales and earnings implies growth of 14.2% and 14%, respectively, from the year-ago reported numbers. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lowe's Companies, Inc. (LOW) : Free Stock Analysis Report The Kroger Co. (KR) : Free Stock Analysis Report Ollie's Bargain Outlet Holdings, Inc. (OLLI) : Free Stock Analysis Report Grocery Outlet Holding Corp. (GO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Datadog (DDOG) Set to Cross $3.5B ARR, Says Needham Analyst
Datadog, Inc. (NASDAQ:DDOG) is one of the On August 14, Needham analyst Jack Andrews reiterated a Buy rating on the stock with a $175.00 price target. The firm anticipates Datadog's Annual Recurring Revenue (ARR) to exceed $3.5 billion for the first time next quarter, 'with growth in the Mid-/High-20%'s range.' Three significant growth drivers continue to work for the company, which are Infrastructure Monitoring, APM Suite & Log Management. 'The company's 3 core pillars, consisting of Infrastructure Monitoring, APM Suite & Log Management, continue to be more significant drivers of growth – collectively representing ~90% of Total ARR. But we highlight the importance of (1) Security Suite achieving $100 Million in ARR with mid-40%'s growth in 2QCY25; and (2) point investors to monitor new products such as Flex Logs (which we believe is growing materially above 100% yr-yr and likely to become Datadog's 6th product to achieve the $100 Million ARR milestone following Synthetics and RUM), Database Monitoring, and Cloud Cost Management. We remain Buy-rated.' Datadog, Inc. (NASDAQ:DDOG) offers a cloud-based SaaS platform for monitoring and analytics, specializing in cloud computing and AI-powered cybersecurity products. While we acknowledge the potential of DDOG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data