Latest news with #EL
Yahoo
26-05-2025
- Sport
- Yahoo
🏆 Toluca crowned Liga MX Clausura champions after beating América
Toluca have been crowned champions of Liga MX after beating Club América in La Gran Final Sunday evening, ending a 15-year title Garcia 65', Vega 82' (P) After a scoreless first-leg in Mexico City, the second remained just as tense at the Nemesio Díez. But the roof was nearly lifted off of the place past the hour mark when Luan Garcia rose above the América defense to head home the opening goal on the night, and in the tie. Potente remate de cabeza de Luan, quien marca su cuarto gol en la #LigaMX, ¡segundo contra las Águilas!@TolucaFC 1-0 #America | 👹🆚🦅#GranFinal #Clausura2025 #LaFinalDeLaAfición | @BBVA_Mex — Liga BBVA MX (@LigaBBVAMX) May 26, 2025 A late Alexis Vega penalty was the icing on the cake for Toluca as they wrapped up their first Liga MX title in 15 years. Meanwhile, Club América were denied becoming just the second side in Liga MX history to lift the title in four times in a row. ¡¡¡EL TOLUCA ES CAMPEÓN DEL FÚTBOL MEXICANO!!!¡¡¡EL TOLUCA ES CAMPEÓN DEL FÚTBOL MEXICANO!!!¡¡¡EL TOLUCA ES CAMPEÓN DEL FÚTBOL MEXICANO!!!📷: Liga MX. — Cerebros (@CerebrosG) May 26, 2025 📸 CARL DE SOUZA - AFP or licensors
Scottish Sun
23-05-2025
- Sport
- Scottish Sun
Ruben Amorim makes three transfer demands to Man Utd chiefs after club put every player up for sale
Three huge stars have already been linked with the exit door Rube awakening Ruben Amorim makes three transfer demands to Man Utd chiefs after club put every player up for sale Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) RUBEN AMORIM has revealed his three-point criteria for any new signings Manchester United make this summer. The Red Devils have endured their worst-ever Premier League season and will be without European football next season after losing the Europa League final to Tottenham. Sign up for Scottish Sun newsletter Sign up 3 Ruben Amorim has told Man Utd transfer chiefs his criteria for signings this summer Credit: Alamy 3 Amorim went into the Europa League final concerned with his squads ability to match Spurs physically Credit: Getty Indeed, the situation at the club is so bad that club chiefs have placed EVERY player up for sale. And ahead of an expected gutting of the underperforming first team squad, Amorim has told club transfer chiefs what type of players they need to sign to climb back up the table. According to ESPN, Amorim wants to add pace, power and athleticism into his midfield next season. The reports states Amorim went into the final against Spurs worried about his team's ability to match their rivals, which proved to be the case as they lost 1-0. READ MORE IN FOOTBALL FIRING SQUAD Man Utd 'tell staff they've lost jobs just hours after EL final loss' And discussing his squad's physicality earlier this season, Amorim said: "The physical aspect is there [in the Premier League], no matter who the opponent is. "Sometimes they don't need to build, just a long ball, second ball and that's it. "If you don't have that, you have difficulties. "We talk about some players like Antony who is much better in Spain, there are many factors, but I guarantee you it's linked to the physical aspect." Join SUN CLUB for the Man Utd Files every Thursday plus in-depth coverage and exclusives from Old Trafford It's understood Man Utd will trigger the £62.5million release clause of Wolves' Matheus Cunha after their final game of the season against Aston Villa on Sunday. The club have also held face to face talks with Ipswich ace Liam Delap, who has a £30m release club following the Tractor Boys relegation. Ruben Amorim offers to quit Man Utd 'without any conversation about compensation' if board want him gone Losing the Europa League final means the club have missed out on a £100m windfall from competing in the Champions League, which will likely delay the process of rebuilding the squad. Amorim will have a £100m war chest at his disposal to kick off the rebuild, plus any money which can be used through players sales. SunSport has revealed how academy stars Kobbie Mainoo and Alejandro Garnacho appear destined to be two of the outgoings this summer, thanks to the club's shocking financial situation. The sale of the two stars would be a pure profit sale on the books, although Garnacho's comments criticising Amorim's decision to not start him in the Bilbao final have also fuelled speculation of his exit. Club captain Bruno Fernandes has also suggested he could leave if the club wanted to "cash in" on him, although Man Utd do not want to offload their star man - who was one of the only players to pull their weight this season. MAN UTD TRANSFER NEWS LIVE: All the latest deals and rumours from Old Trafford
Yahoo
14-05-2025
- Business
- Yahoo
EL Q1 Earnings Call: Market Share Gains and Margin Initiatives Amid Ongoing Headwinds
Beauty products company Estée Lauder (NYSE:EL) reported Q1 CY2025 results topping the market's revenue expectations , but sales fell by 9.9% year on year to $3.55 billion. Its non-GAAP profit of $0.65 per share was significantly above analysts' consensus estimates. Is now the time to buy EL? Find out in our full research report (it's free). Revenue: $3.55 billion vs analyst estimates of $3.51 billion (9.9% year-on-year decline, 1.2% beat) Adjusted EPS: $0.65 vs analyst estimates of $0.31 (significant beat) Adjusted EBITDA: $607 million vs analyst estimates of $439.1 million (17.1% margin, 38.2% beat) Adjusted EPS guidance for the full year is $1.43 at the midpoint, beating analyst estimates by 2% Operating Margin: 8.6%, down from 13.5% in the same quarter last year Free Cash Flow Margin: 4.6%, down from 9.1% in the same quarter last year Organic Revenue fell 9% year on year (5.9% in the same quarter last year) Market Capitalization: $23.56 billion Estée Lauder's first quarter results were shaped by ongoing weakness in travel retail and softer consumer sentiment in key markets, but management highlighted sequential improvement in retail sales, particularly in the U.S., China, and Japan. CEO Stéphane de La Faverie emphasized that share gains in these geographies were driven by product innovation, targeted marketing, and new channel partnerships, noting, 'Clinique, The Ordinary, and Bumble and bumble drove gains for the U.S., while La Mer, Estée Lauder, and TOM FORD fueled China.' Looking ahead, management reaffirmed its commitment to returning to growth next year, underpinned by continued execution on the Beauty Reimagined strategy and the Profit Recovery and Growth Plan (PRGP). De La Faverie acknowledged persistent risks—such as tariffs and consumer sentiment—but cited operational changes and supply chain regionalization as key mitigation strategies. 'We are taking proactive decisions to mitigate as much as we can,' he said, adding that the company remains focused on restoring double-digit operating margins over the next few years. Estée Lauder's management attributed the quarter's performance to ongoing macroeconomic pressures and decisive internal restructuring. Key drivers included market share gains in core regions, focused product innovation, and operational changes in supply chain and cost structure. Travel Retail Decline: The travel retail segment experienced a sharp sales decline, now representing a lower mix of total revenue, as the company actively reduced exposure to this volatile channel. Market Share Gains: The company gained market share for the first time in years in the U.S., with Clinique, The Ordinary, and Bumble and bumble leading, while La Mer and TOM FORD drove growth in China and Japan. Product Innovation: New product launches, such as Clinique's Moisture Surge Active Glow Serum and Estée Lauder's Double Wear Concealer, contributed to share gains, and AI-driven marketing campaigns like Too Faced's Rebel Rock Lash Mascara shortened time-to-market for key innovations. Digital and Channel Expansion: Expansion on platforms like Amazon Premium Beauty and TikTok Shop enabled the company to reach more consumers directly, supporting online sales growth and brand visibility. Cost Structure Overhaul: The PRGP restructuring reduced over 2,600 positions, streamlined management, increased outsourcing, and drove improvements in gross margin, though sales deleverage pressured operating expenses as a percent of revenue. Management's outlook for the remainder of the year is shaped by the ongoing reset of travel retail, evolving trade policies, and continued operational efficiency initiatives. Travel Retail Reset: The company expects further sales declines in travel retail as it aligns inventory with end-demand and reduces channel volatility, aiming for stabilization in future quarters. Tariff and Supply Chain Mitigation: Management is regionalizing production and leveraging global manufacturing to reduce tariff exposure, while also exploring additional cost savings and strategic pricing to offset potential impacts. Efficiency and Margin Focus: Ongoing PRGP initiatives, including outsourcing and procurement optimization, are expected to support gross margin and enable reinvestment in consumer-facing activities, with management targeting a return to double-digit operating margins over the next several years. Steve Powers (Deutsche Bank): Asked about confidence in achieving inventory alignment across all categories; management said most challenges are behind them, especially in travel retail, but noted ongoing monitoring is required due to global volatility. Bonnie Herzog (Goldman Sachs): Inquired about assumptions for next year's growth given retailer destocking and consumer sentiment; management reiterated confidence in returning to growth, citing market share gains and operational efficiencies but highlighted persistent risks. Lauren Lieberman (Barclays): Sought clarity on supply chain shifts and timing to reduce China-sourced products; management expects to reduce U.S.-to-China shipments below 10% by year-end, with regional manufacturing in Japan playing a key role. Filippo Falorni (Citi): Asked about the scope of future cost savings from the PRGP; management pointed to continued outsourcing, procurement projects, and further organizational streamlining as ongoing opportunities. Bryan Spillane (Bank of America): Questioned how the company balances margin targets with reaccelerating growth; management stressed its new operating model and accountability structure will allow for both margin expansion and necessary investments in growth. In the coming quarters, the StockStory team will be watching (1) continued market share trends in the U.S., China, and Japan, (2) the pace and effectiveness of inventory and travel retail normalization, and (3) the impact of new product launches and digital channel expansion on retail sales growth. Progress on supply chain regionalization and cost efficiency initiatives will also be important signposts for future profitability. Estée Lauder currently trades at a forward P/E ratio of 29.4×. In the wake of earnings, is it a buy or sell? The answer lies in our free research report. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. 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-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today. 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
Business Upturn
06-05-2025
- Automotive
- Business Upturn
Ather Energy Share Price: Stock falls 5% after listing at 2.18% premium on NSE
By Aditya Bhagchandani Published on May 6, 2025, 12:00 IST Shares of Ather Energy, the electric two-wheeler manufacturer, dropped 5% to ₹311.45 apiece on Tuesday after debuting at a 2.2% premium over its issue price of ₹321 on the National Stock Exchange (NSE). The stock had opened at ₹328 on the NSE and ₹326.05 on the BSE. As of 11:25 AM, Ather Energy's traded volume stood at 105.37 lakh shares with a traded value of ₹340.91 crore. The company's market capitalisation currently stands at ₹11,603.98 crore. The stock has seen an intraday high of ₹333 and a low of ₹308.4. Ather's IPO, which ran from April 28 to April 30, received a positive response from investors. The retail portion was subscribed 1.78 times, while Qualified Institutional Buyers (QIBs) subscribed 1.70 times. Non-Institutional Investors (NIIs) took up 66% of their allocation, and employee participation was notably strong at 5.43 times. Despite reporting a FY24 loss of ₹1,059.7 crore, Ather posted a strong CAGR of 107.1% in revenue from FY22 to FY24, reaching ₹1,753.8 crore. The company remains bullish on future profitability with plans to leverage its proprietary EV technology and expand both domestically and internationally. Founded in 2013, Ather Energy offers electric scooters, charging infrastructure, software, and accessories, all developed in-house. Its upcoming products include the EL scooter platform and the Zenith motorcycle. The broader Indian two-wheeler market is projected to grow at a 7% CAGR until FY31, with electric scooters expected to account for 70% of total sales by then. The decline in share price post-listing is likely due to profit booking by early investors. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
NDTV
06-05-2025
- Automotive
- NDTV
Ather Energy Makes Tepid Debut On The Stock Market
Bengaluru-based electric scooter manufacturer Ather Energy commenced trading on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) today, marking a significant milestone in India's electric vehicle (EV) sector. The company's shares listed at Rs. 328 on the NSE and Rs. 326.05 on the BSE, reflecting a modest premium of 2.18 per cent and 1.57 per cent, respectively, over the issue price of Rs. 321. Despite the initial uptick, Ather's stock experienced a downturn during the trading session, with prices dipping over 5 per cent to an intraday low of Rs. 308.95 on the BSE. This performance underscores the cautious sentiment prevailing among investors, particularly in the capital-intensive and competitive EV two-wheeler market. The Rs. 2,981 crore (approximately $352 million) Initial Public Offering (IPO) was subscribed 1.43 times, driven by interest from Qualified Institutional Buyers (QIBs) and retail investors. However, the Non-Institutional Investors (NIIs) segment saw a subscription of only 66 per cent, indicating a tepid response from this category. Ather's IPO proceeds are earmarked for several strategic initiatives, including the establishment of a new manufacturing facility in Maharashtra, investment in research and development, marketing efforts, and debt repayment. The company aims to enhance its production capabilities and expand its footprint in the burgeoning EV market, especially bolstering its production at its new manufacturing plant in Chhatrapati Sambhaji Nagar (Aurangabad) in Maharashtra, which will cater to the two new EL and Zenith EV platforms and have an annual capacity of almost a million units, with the current Hosur plant having a capacity of 4.5 lakh units per annum. Founded in 2013, Ather Energy has been a pioneer in India's electric scooter segment, known for its technology-driven approach and premium offerings. However, it faces stiff competition from established players like Ola Electric, TVS Motor, and Bajaj Auto. The company's decision to proceed with the IPO, despite reducing its valuation by 44 per cent from initial expectations, reflects its commitment to long-term growth amidst market volatility. Industry analysts suggest that Ather's future performance will hinge on its ability to scale operations, achieve profitability, and navigate the challenges inherent in the EV sector. The company's focus on innovation and infrastructure development will be critical in determining its trajectory in the competitive landscape. As Ather Energy embarks on its journey as a publicly listed entity, stakeholders and investors will keenly observe its strategies and execution in the evolving electric mobility ecosystem, particularly in India.
