BMO Walks for Good: BMO Employees Step Up, Raising almost $2.4 million for Mental Health Services
KHP in Canada and NAMI in the U.S. are leading mental health organizations providing essential community services and support. The funds raised through the BMO Walks for Good campaign will help these organizations continue to provide inclusive and equitable e-mental health support across North America.
'We are inspired by another powerful demonstration of community, compassion, and commitment by Team BMO who continues to come together in Canada and the U.S. to raise awareness and funds for mental health,' said Helen Seibel, Head, Employee and Community Giving at BMO. 'These strong results are declarative: mental health matters and Team BMO is committed to the cause. Thank you to the many organizers, volunteers and participants who helped make this campaign a success.'
BMO has been a partner of KHP since its founding in 1989 and continues to support its mission to transform Canada's youth mental health ecosystem. In 2018, KHP launched its ambitious Feel Out Loud campaign, to which BMO has committed more than $21.4 million CAD.
'For 36 years, Kids Help Phone has been a trusted space for any feeling or issue, big or small— empowering young people to feel out loud,' said Aaron Sanderson, Group Head and Executive Vice President, Advancement and Donor Experience at Kids Help Phone. 'BMO's continued commitment helps us reach even more youth across Canada with accessible mental health support. We're incredibly grateful for the compassion and leadership demonstrated through BMO Walk so Kids can Talk. Together, we ensure help is always there when it's needed most.'
In the U.S., BMO expanded its industry-leading mental health campaign through its new partnership with NAMI. Since 2024, BMO and its employees have donated over $320,000 USD towards local NAMIWalk events across the country.
'The dedication and generosity that we have seen through the support and fundraising efforts of Team BMO for our NAMIWalks program has been inspiring,' said Jessica Edwards, Chief Development Officer for NAMI National. 'We are grateful for the way BMO employees have championed mental health as a cause and rallied around this opportunity to bring us one step closer to our vision of Mental Health for All.'
BMO Walks for Good is part of BMO's larger commitment to supporting mental health and wellbeing within the communities we serve and for our employees. The campaign also encourages ongoing conversations around mental health, aiming to reduce stigma and foster meaningful connection.
About Kids Help Phone
Kids Help Phone (KHP) is Canada's only 24/7, free, confidential, and multilingual e-mental health solution. Whether through professional counselling, crisis response, or self-directed mental health resources, KHP has been a trusted space for youth for over 35 years. No matter the feeling or issue, big or small, KHP empowers young people to Feel Out Loud and access support whenever they need it most. KHP knows that young people and the issues they are facing are changing faster than ever. That's why innovation is more than what we do – it's who we are: a global leader in youth mental health that blends technology with empathy to better serve youth. KHP gratefully relies on the generosity of donors, volunteers, stakeholder partners, corporate partners and governments to unlock the hope young people need to thrive in their worlds. Join us at kidshelpphone.ca.
About NAMI
NAMI National, located in Arlington, VA, is the nation's largest grassroots mental health organization dedicated to building better lives for the millions of Americans affected by mental illness. NAMIWalks is the largest, most vibrant mental health event series in the country with walks taking place in more than 200 locations. For more information, visit www.nami.org.
BMO Gives. Good grows here.
Helping communities thrive by supporting the organizations that sustain them and encouraging employee giving and volunteerism is at the heart of BMO's Purpose, to Boldly Grow the Good in business and life.
In 2024, we directed more than $108 million to drive progress for communities, which included $101 million in philanthropic contributions to hundreds of charities and nonprofit organizations across North America.
Our colleagues spent over 54,000 hours volunteering in the community and contributed more than $39 million of donations through employee-driven giving in our annual campaigns.
For more information, please visit BMO.com.
View original content: https://www.prnewswire.com/news-releases/bmo-walks-for-good-bmo-employees-step-up-raising-almost-2-4-million-for-mental-health-services-302470632.html
SOURCE BMO Financial Group
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New York Post
2 hours ago
- New York Post
Bankrupt Claire's to keep around 800 stores open after selling North American business for $104M
Jewelry retailer Claire's said Wednesday it would sell its North American business to private equity firm Ames Watson for $104 million in cash, in a deal that will keep at least 795 retail locations in business. The sale agreement will 'allow the Claire's brand to remain a prominent retailer for teens, tweens, and young girls around the world,' Claire's said in a court document filed on Wednesday. Ames Watson, a private holding company that owns athletic apparel brands including Champion Teamwear and Lids, is acquiring Claire's brand and up to 950 Claire's stores, according to court documents. Advertisement Ames Watson, a private holding company that owns athletic apparel brands including Champion Teamwear and Lids, is acquiring Claire's brand and up to 950 Claire's stores, according to court documents. JHVEPhoto – Claire's has halted 'going out of business sales' at all stores that could be sold, but it will continue liquidation sales at other locations. Claire's, which sells earrings and fashion accessories for teens and young girls, filed for bankruptcy in Delaware earlier this month with more than $690 million in debt. The company, which previously filed for bankruptcy in 2018, operates more than 2,300 stores across 17 countries in North America and Europe. Advertisement Ames Watson co-founder Lawrence Berger said in a statement that the firm was 'committed to investing in its (Claire's) future by preserving a significant retail footprint across North America.' Ames Watson will also provide noncash considerations as part of the sale, such as taking on liabilities owed to Claire's vendors and landlords, continuing to employ current retail staff at acquired Claire's stores, and extending $36 million in credit that the bankrupt company can use to address some of its pre-existing debt. Claire's will seek approval of the sale on Thursday at a court hearing in Wilmington, Del. Claire's, which sells earrings and fashion accessories for teens and young girls, filed for bankruptcy in Delaware earlier this month with more than $690 million in debt. Getty Images Advertisement Claire's has suffered in recent years from increased competition, high rent costs, and new tariffs on imports from supplier nations such as China, Thailand and Vietnam.
Yahoo
3 hours ago
- Yahoo
LZB Q2 Deep Dive: Margin Pressure Persists as Expansion Continues Amid Soft Demand
Furniture company La-Z-Boy (NYSE:LZB) met Wall Street's revenue expectations in Q2 CY2025, but sales were flat year on year at $492.2 million. On the other hand, next quarter's revenue guidance of $520 million was less impressive, coming in 1.6% below analysts' estimates. Its non-GAAP profit of $0.47 per share was 10.8% below analysts' consensus estimates. Is now the time to buy LZB? Find out in our full research report (it's free). La-Z-Boy (LZB) Q2 CY2025 Highlights: Revenue: $492.2 million vs analyst estimates of $490.4 million (flat year on year, in line) Adjusted EPS: $0.47 vs analyst expectations of $0.53 (10.8% miss) Adjusted EBITDA: $34.82 million vs analyst estimates of $39.25 million (7.1% margin, 11.3% miss) Revenue Guidance for Q3 CY2025 is $520 million at the midpoint, below analyst estimates of $528.4 million Operating Margin: 4.5%, down from 6.5% in the same quarter last year Market Capitalization: $1.61 billion StockStory's Take La-Z-Boy's second quarter was met with a significant negative market reaction, reflecting investor concerns around flat sales and profitability pressures. While management highlighted modest growth in both Retail and Wholesale segments, ongoing weakness in store traffic and a notable decline in the Joybird business weighed on results. CEO Melinda Whittington described the consumer environment as 'increasingly challenged,' attributing margin compression to new store investments and promotional activity. The company acknowledged that 'de-leverage in same-store sales and investment in new store openings' drove down operating margins. Looking ahead, La-Z-Boy's cautious guidance incorporates persistent macroeconomic headwinds and a consumer landscape that management expects to remain volatile. Whittington emphasized the need for prudent operational adjustments, stating, 'We're navigating prudently as we go forward,' but she reiterated commitment to growth initiatives such as the expansion of company-owned stores and transformation of the distribution network. CFO Taylor Luebke added that margin improvement from these investments will take time, with 'modest drag on adjusted operating margins to continue for the first 2 years' before benefits are realized. Key Insights from Management's Remarks Management attributed the quarter's challenges to weak consumer demand, margin pressure from new store openings, and the impact of ongoing investments in distribution transformation. Retail traffic remains soft: Despite growth from new and acquired stores, management acknowledged that same-store sales and overall store traffic continued to lag, citing a 'choppy and uneven' consumer environment that affected both volume and margin in the Retail segment. Wholesale gains offset by international: Wholesale sales growth was primarily driven by core North American operations, but this was partially offset by weakness in the international business, which is undergoing a significant customer transition impacting segment results. Joybird underperformance: The Joybird segment, which targets a younger, direct-to-consumer audience, experienced a 20% drop in delivered sales as online demand remained weak, though physical stores outperformed digital channels. Distribution transformation underway: La-Z-Boy began a multi-year project to consolidate its distribution network, launching a new Arizona hub. While the initiative aims to eventually reduce costs and double delivery radius, management warned of short-term inefficiencies and costs during the transition. Promotional activity increases: The company increased discounting in the Casegoods segment and worked through non-performing inventory, a move management described as 'transitory' but necessary to optimize store assortments ahead of the key holiday season. Drivers of Future Performance La-Z-Boy's outlook hinges on execution of cost-saving initiatives, continued retail expansion, and navigating persistent demand headwinds. Consumer demand uncertainty: Management anticipates that volatility in consumer confidence and discretionary spending will persist, making near-term revenue growth difficult and requiring ongoing marketing efforts to stimulate store traffic. Margin expansion delayed: CFO Taylor Luebke stated margin benefits from the new distribution model will not materialize until year three of the project, with transition inefficiencies expected to pressure profitability in the short term. Retail and geographic expansion: La-Z-Boy plans to accelerate company-owned store openings, including a large Southeast acquisition, which is expected to bolster long-term sales but may initially weigh on margins due to start-up costs and slower store maturation. Catalysts in Upcoming Quarters In the coming quarters, our analysts will focus on (1) the pace and profitability of new store openings and the integration of the Southeast acquisition, (2) early evidence of cost savings or operational improvements from the distribution network transformation, and (3) stabilization or recovery in the Joybird segment's sales and profitability. Execution of these initiatives will be crucial for La-Z-Boy's ability to offset a soft consumer environment and lay groundwork for future growth. La-Z-Boy currently trades at $33.90, down from $39.13 just before the earnings. In the wake of this quarter, is it a buy or sell? Find out in our full research report (it's free). High Quality Stocks for All Market Conditions When Trump unveiled his aggressive tariff plan in April 2025, markets tanked as investors feared a full-blown trade war. But those who panicked and sold missed the subsequent rebound that's already erased most losses. Don't let fear keep you from great opportunities and take a look at Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Sign in to access your portfolio
Yahoo
3 hours ago
- Yahoo
Carlisle Gains From Business Strength & Buyouts Amid Headwinds
Carlisle Companies Incorporated CSL is benefiting from strength in the Construction Materials segment. Higher sales in the non-residential construction market in the United States and Europe, driven by the acquisition of MTL and growing re-roof activity as a result of pent-up demand, have been driving the segment's performance. In the first six months of 2025, revenues from the segment increased 1.2% year over year. Backed by strong contractor backlogs and growing customer demand, the company expects the segment's revenues to increase in the low single digits year over year in company remains focused on acquiring businesses to gain access to new customers, regions and product lines. In June 2025, Carlisle acquired Bonded Logic, a U.S. manufacturer of sustainable thermal and acoustical insulation products. The buyout will strengthen the company's offering of building envelope products and enhance its position in the $14 billion addressable insulation market. CSL's acquisition of Plasti-Fab (in December 2024) expanded its building envelope product portfolio and strengthened its position in the North American polystyrene insulation market. Also, its acquisition of MTL Holdings in May 2024 expanded its customer offerings and boosted its architectural metals business. Buyouts had a positive impact of 2.7% on net sales growth in the second quarter of remains focused on rewarding its shareholders through dividend payouts. In the first six months of 2025, it rewarded its shareholders with a dividend payment of $88.3 million, an increase of 8.1% year over year. In the same period, it repurchased shares worth $700 million, stable year over year. Also, in August 2025, the company hiked its dividend by 10% to $1.10 per share. CSL's Price Performance Image Source: Zacks Investment Research In the past six months, the Zacks Rank #3 (Hold) company has gained 15.7% compared with the industry's 0.6% the positives, persistent softness in the Weatherproofing Technologies segment, owing to lower volumes from a slowdown in the residential construction market and project delays, is adversely affecting Carlisle's performance. The slowdown in new housing, repair and remodel activities due to high interest rates and affordability challenges is concerning. In the first six months of the year, organic revenues from the segment fell 10.7% on a year-over-year high debt levels also remain a concern. Its long-term debt balance at the end of the second quarter of 2025 remained high at $1.89 billion, relatively stable on a sequential basis. Considering its high debt level, its cash and cash equivalents of $68.4 million do not look impressive. Key Picks Some better-ranked stocks are discussed Bearings Incorporated RBC currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks outperformed the consensus estimate thrice in the preceding four quarters and missed once, with an average surprise of 3.8%. In the past 60 days, the Zacks Consensus Estimate for RBC Bearings' 2025 earnings has increased 1.4%.Federal Signal Corporation FSS currently carries a Zacks Rank #2 (Buy). FSS has an impressive earnings surprise history, having outperformed the consensus estimate in each of the preceding four quarters, the average surprise being 5.7%. In the past 60 days, the Zacks Consensus Estimate for Federal Signal's 2025 earnings has increased 4.2%.ITT Inc. ITT currently carries a Zacks Rank of 2. ITT has an impressive earnings surprise history, having outperformed the consensus estimate in each of the preceding four quarters, the average surprise being 1.5%. In the past 60 days, the Zacks Consensus Estimate for ITT's 2025 earnings has increased 1.7%. 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 RBC Bearings Incorporated (RBC) : Free Stock Analysis Report ITT Inc. (ITT) : Free Stock Analysis Report Carlisle Companies Incorporated (CSL) : Free Stock Analysis Report Federal Signal Corporation (FSS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
