Latest news with #Gorillas
Yahoo
7 hours ago
- Business
- Yahoo
Doug Ball named interim president of Pittsburg State University
PITTSBURG, Kan. — A new president is in charge at Pittsburg State University, at least for now. 'I did grow up right here in southeast Kansas, mostly in Baxter Springs, just south of here and so Pitt State was something that was kind of always in my environment, always in my awareness,' said Doug Ball, PSU Interim Pres. So it was an easy decision when Doug Ball decided to get his undergraduate degree at Pittsburg State University. He earned a Bachelor's degree in Business Administration… and he isn't the only one in the family who's a Gorilla. 'My father also attended here. In fact, I was born in Pittsburg while my father was a student here at Pittsburg State, and so Pittsburg State's been part of my life from day one, in some ways, literally. And so it's been exciting to be here at different times in my life and different capacities,' said Ball. That includes his career path. Doug Ball named interim president of Pittsburg State University Doug Ball named interim president at Pittsburg State University ROTC Commissioning Ceremony held at PSU PSU nursing student overcomes barriers and achieves her dream Ball joined PSU as the Chief Financial Officer and Vice President for Administration eight years ago. 'There's really two major components of my job responsibilities, finance and facilities. So on the finance side, it's everything from accounting to budgeting and purchasing. Also that fits in there is our human resources team is part of the organization. And then on the facility sides, the planning and maintenance and care for our facilities on campus.' He's now adding to those responsibilities, officially taking over at interim PSU president from Dr. Dan Shipp who is moving on to head Maryville University. 'It's all about keeping us moving forward on the critical projects we've got going on,' said Ball. Ball adds that he loves Pitts State, which is a great motivation for the extra challenges that lie ahead. 'I had a fantastic impact to my life and my career as a result of my time here as a student. And I love the chance to see that repeated for students over and over again.' Ball is serving as president on a short-term basis while the Kansas Board of Regents searches for a permanent replacement… a decision that school leaders say could take several months. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
a day ago
- Business
- Yahoo
Gap (GAP) Stock Trades Down, Here Is Why
Shares of clothing and accessories retailer Gap (NYSE:GAP) fell 20.3% in the afternoon session after the company reported underwhelming first-quarter 2025 results. On a headline basis, the company maintained previously-provided full-year guidance but added that "The below fiscal 2025 outlook does not reflect the potential effect of tariffs, which are currently 30% on imports from China and 1% on most imports from other countries. If these tariff rates remain, they could result in a gross estimated incremental cost of approximately $250 million to $300 million." The comment likely raised uncertainty which markets don't like. On a more positive note, GAP beat on revenue and EPS. Still, this was a weaker quarter. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Gap? Access our full analysis report here, it's free. Gap's shares are very volatile and have had 25 moves greater than 5% over the last year. But moves this big are rare even for Gap and indicate this news significantly impacted the market's perception of the business. The biggest move we wrote about over the last year was about 2 months ago when the stock dropped 22.2% as President Trump announced "reciprocal tariffs" on all US imports, set at a minimum rate of 10%. From clothing brands and electronics makers to the e-commerce sites that move their goods, companies built on global supply chains took the biggest hit. Stocks with heavy exposure to Asia were especially hard-hit, as the new tariffs threatened the growth and profits of firms with factories in the region. Vietnam, central to many companies' production plans, faced a 46% tariff. Cambodia and Indonesia were also in the crosshairs, with tariff rates of 49% and 32%. These measures could significantly erode the competitiveness of goods produced in those regions. For example, reduced production volumes would negatively affect the sales growth of all companies benefiting from these manufacturing hubs. Gap is down 5.2% since the beginning of the year, and at $22.39 per share, it is trading 22.9% below its 52-week high of $29.03 from June 2024. Investors who bought $1,000 worth of Gap's shares 5 years ago would now be looking at an investment worth $2,264. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.
Yahoo
a day ago
- Business
- Yahoo
Why Shoe Carnival (SCVL) Stock Is Up Today
Shares of footwear retailer Shoe Carnival (NASDAQ:SCVL) jumped 6.3% in the afternoon session after company reported decent first quarter 2025 results: profits ran ahead of expectations, but sales fell short. The upside came from Shoe Station, which posted nearly 5% sales growth while the rest of the market shrank. Adding to the positive aspect, its full-year revenue and EPS guidance exceeded Wall Street's estimates. Overall, this print was mixed but still had some key positives. After the initial pop the shares cooled down to $19.34, up 4.7% from previous close. Is now the time to buy Shoe Carnival? Access our full analysis report here, it's free. Shoe Carnival's shares are very volatile and have had 24 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 9 months ago when the stock gained 13.3% on the news that the company reported strong second-quarter earnings. Notably, the Back-to-School shopping season (the company's most important sales period) was highly successful, driving strong sales momentum. As a result, the company achieved its highest second-quarter sales on record. However, same-store sales came in below expectations, leading to a revenue miss. Its full-year revenue guidance was underwhelming as well. Regardless, the company provided encouraging long-term projections, indicating strong demand for its offerings, as it expects to operate more than 500 stores by 2028 (vs the current count of 430). Overall, this was a decent quarter, with the market cheering the improved momentum following the successful Back-to-School campaign. Shoe Carnival is down 40.1% since the beginning of the year, and at $19.34 per share, it is trading 57.8% below its 52-week high of $45.82 from September 2024. Investors who bought $1,000 worth of Shoe Carnival's shares 5 years ago would now be looking at an investment worth $1,487. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Sign in to access your portfolio
Yahoo
a day ago
- Business
- Yahoo
Why Is GATX (GATX) Stock Soaring Today
Shares of leasing services company GATX (NYSE:GATX) jumped 10% in the afternoon session after it struck a $4.4 billion deal to buy about 105,000 railcars from Wells Fargo through a new joint venture with Brookfield Infrastructure Partners. The deal is expected to expand GATX's North American railcar fleet, enhancing its market position and diversification. GATX is expected to initially hold 30% ownership, with the option to gain full control over time. The deal is expected to lift earnings slightly in the first full year. Is now the time to buy GATX? Access our full analysis report here, it's free. GATX's shares are not very volatile and have only had 5 moves greater than 5% over the last year. Moves this big are rare for GATX and indicate this news significantly impacted the market's perception of the business. The biggest move we wrote about over the last year was 7 months ago when the stock gained 8% on the news that the company reported a "beat and raise" quarter, with revenue and EPS exceeding analysts' expectations. Looking ahead, the company provided full-year revenue guidance that outperformed Wall Street's estimates and raised its full-year EPS guidance. Notably, demand for railcars remained strong, with North America's fleet utilization at 99.3% and the renewal success rate above 80%. Zooming out, we think this quarter featured some important positives. GATX is up 5.5% since the beginning of the year, and at $160.32 per share, it is trading close to its 52-week high of $167.38 from January 2025. Investors who bought $1,000 worth of GATX's shares 5 years ago would now be looking at an investment worth $2,590. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. 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
2 days ago
- Business
- Yahoo
Ulta's (NASDAQ:ULTA) Q1 Sales Beat Estimates, Stock Soars
Beauty, cosmetics, and personal care retailer Ulta Beauty (NASDAQ:ULTA) reported Q1 CY2025 results topping the market's revenue expectations , with sales up 4.5% year on year to $2.85 billion. The company expects the full year's revenue to be around $11.6 billion, close to analysts' estimates. Its GAAP profit of $6.70 per share was 15.5% above analysts' consensus estimates. Is now the time to buy Ulta? Find out in our full research report. Revenue: $2.85 billion vs analyst estimates of $2.80 billion (4.5% year-on-year growth, 1.9% beat) EPS (GAAP): $6.70 vs analyst estimates of $5.80 (15.5% beat) Adjusted EBITDA: $485.2 million vs analyst estimates of $422.5 million (17% margin, 14.8% beat) The company slightly lifted its revenue guidance for the full year to $11.6 billion at the midpoint from $11.55 billion EPS (GAAP) guidance for the full year is $22.92 at the midpoint, roughly in line with what analysts were expecting Operating Margin: 14.1%, in line with the same quarter last year Free Cash Flow Margin: 10.5%, up from 2.5% in the same quarter last year Locations: 1,451 at quarter end, up from 1,395 in the same quarter last year Same-Store Sales rose 2.9% year on year (1.6% in the same quarter last year) Market Capitalization: $18.83 billion Offering high-end prestige brands as well as lower-priced, mass-market ones, Ulta Beauty (NASDAQ:ULTA) is an American retailer that sells makeup, skincare, haircare, and fragrance products. A company's long-term sales performance can indicate its overall quality. Any business can put up a good quarter or two, but many enduring ones grow for years. With $11.42 billion in revenue over the past 12 months, Ulta is a mid-sized retailer, which sometimes brings disadvantages compared to larger competitors benefiting from better economies of scale. As you can see below, Ulta's 8.7% annualized revenue growth over the last six years (we compare to 2019 to normalize for COVID-19 impacts) was mediocre, but to its credit, it opened new stores and increased sales at existing, established locations. This quarter, Ulta reported modest year-on-year revenue growth of 4.5% but beat Wall Street's estimates by 1.9%. Looking ahead, sell-side analysts expect revenue to grow 2.8% over the next 12 months, a deceleration versus the last six years. This projection is underwhelming and indicates its products will face some demand challenges. At least the company is tracking well in other measures of financial health. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. A retailer's store count influences how much it can sell and how quickly revenue can grow. Ulta operated 1,451 locations in the latest quarter. It has opened new stores quickly over the last two years, averaging 3.3% annual growth, faster than the broader consumer retail sector. When a retailer opens new stores, it usually means it's investing for growth because demand is greater than supply, especially in areas where consumers may not have a store within reasonable driving distance. A company's store base only paints one part of the picture. When demand is high, it makes sense to open more. But when demand is low, it's prudent to close some locations and use the money in other ways. Same-store sales gives us insight into this topic because it measures organic growth for a retailer's e-commerce platform and brick-and-mortar shops that have existed for at least a year. Ulta's demand rose over the last two years and slightly outpaced the industry. On average, the company's same-store sales have grown by 2.6% per year. This performance suggests its rollout of new stores could be beneficial for shareholders. When a retailer has demand, more locations should help it reach more customers and boost revenue growth. In the latest quarter, Ulta's same-store sales rose 2.9% year on year. This performance was more or less in line with its historical levels. We were impressed by how significantly Ulta blew past analysts' EPS and EBITDA expectations this quarter. We were also glad its revenue outperformed and it lifted its full-year revenue guidance, especially given the tariff uncertainty. Overall, we think this was a solid quarter with some key metrics above expectations. The stock traded up 7.9% to $455.40 immediately following the results. Ulta put up rock-solid earnings, but one quarter doesn't necessarily make the stock a buy. Let's see if this is a good investment. The latest quarter does matter, but not nearly as much as longer-term fundamentals and valuation, when deciding if the stock is a buy. We cover that in our actionable full research report which you can read here, it's free. 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