Latest news with #USMarket
Yahoo
17-07-2025
- Business
- Yahoo
Nilorngruppen AB (LTS:0GB5) Q2 2025 Earnings Call Highlights: Navigating Currency Challenges ...
Order Income: Down 1% to SEK205 million for the quarter. Sales: Decreased by 10% to SEK237 million for the quarter. Operating Profit: SEK16 million, down from SEK25.6 million in the same quarter last year. Accumulated Order Income: Up 7% due to strong Q1 performance. Accumulated Sales: Down 1%, but up 3% when adjusted for currency effects. Gross Margin: Increased, with a strong performance from global sourcing operations. Operating Margin: 7% for Q2, below the target of 10%-12%. Personnel Costs: Increased due to higher staffing in Bangladesh and Portugal. Number of Employees: Increased to 681, mainly in Bangladesh and Vietnam. Tax Rate: 24% for the quarter, varying by country. Packaging Sales: Decreased from 21% to 18% of total sales, impacted by the luxury market. Currency Impact: Significant effect due to the strengthening of the Swedish krona. Warning! GuruFocus has detected 2 Warning Sign with LTS:0GB5. Release Date: July 16, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Nilorngruppen AB (LTS:0GB5) reported a strong gross profit, attributed to effective global sourcing operations. The company has seen a positive trend in the Outdoor segment, which continues to perform well. Investments in the US market are yielding positive results, with increased staffing to capitalize on market momentum. Nilorngruppen AB is expanding its production capabilities, particularly in Bangladesh and Portugal, which are performing well. The company is strategically investing in Nilorn:CONNECT, enhancing client engagement and offering circular solutions. Negative Points Order income and sales have decreased, with sales down 10% to SEK237 million. The Luxury segment is underperforming, particularly affecting the packaging product group. Currency fluctuations, particularly the strengthening of the Swedish krona, have negatively impacted financial results. Some European clients are hesitant due to market uncertainty and tariffs, affecting order patterns. Operating profit has decreased to SEK16 million from SEK25.6 million in the same quarter last year. Q & A Highlights Q: Could you please provide some color on the clients that have entered restructuring? Which segment are they related to and which countries are they from? A: We don't release any clients' names, but they are in the UK and Germany markets, specifically in the brand owner and retailer segments. Q: Does the market momentum for packaging versus other product groups differ? A: Yes, it differs. The packaging segment has been impacted mainly due to a slowdown in the Luxury segment, where we have been selling a lot of packaging. However, we expect this to recover by 2026. Packaging remains a promising area for expansion, allowing us to add value to existing client relationships. Q: What are the key factors affecting the operating profit this quarter? A: The operating profit was affected by a significant currency impact, a volatile market, and a few clients entering administration. Additionally, there was a change in ordering patterns, with clients placing orders later in the season. Q: How is the company addressing the challenges in the Turkish market? A: We have implemented cost savings in Turkey due to the high inflation and challenges in the textile market. We decided to downsize operations there to manage costs effectively. Q: What are the strategic investments being made for future growth? A: We are investing in expanding our production capabilities in Bangladesh and Portugal, and increasing our presence in the US and Vietnam. Additionally, we are focusing on Nilorn:CONNECT to support clients in compliance and sustainability, which serves as a door opener for new business opportunities. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Wall Street Journal
15-07-2025
- Business
- Wall Street Journal
Rio Tinto's Iron Ore Output Highest Since 2018; Flags Tariff Costs
Rio Tinto on Wednesday reported the highest second-quarter output from its Australian iron-ore mines since 2018, while flagging around $300 million of gross costs from U.S. tariffs on its Canadian aluminum exports. The world's second-biggest miner by market value said its Pilbara iron-ore operations, which account for the bulk of its profits, had recovered well from setbacks in the first quarter when cyclones lashed Australia's northwest coast.
Yahoo
09-07-2025
- Business
- Yahoo
Should Invesco S&P MidCap 400 Pure Growth ETF (RFG) Be on Your Investing Radar?
Designed to provide broad exposure to the Mid Cap Growth segment of the US equity market, the Invesco S&P MidCap 400 Pure Growth ETF (RFG) is a passively managed exchange traded fund launched on 03/01/2006. The fund is sponsored by Invesco. It has amassed assets over $292.82 million, making it one of the average sized ETFs attempting to match the Mid Cap Growth segment of the US equity market. Mid cap companies have market capitalization between $2 billion and $10 billion. They usually have higher growth prospects than large cap companies and are less volatile than small cap companies. Thus they have a nice balance of growth potential and stability. Growth stocks have higher than average sales and earnings growth rates. While these are expected to grow faster than the broader market, they also have higher valuations. Further, growth stocks have a higher level of volatility associated with them. They are likely to outperform value stocks in strong bull markets but over the longer-term, value stocks have delivered better returns than growth stocks in almost all markets. Since cheaper funds tend to produce better results than more expensive funds, assuming all other factors remain equal, it is important for investors to pay attention to an ETF's expense ratio. Annual operating expenses for this ETF are 0.35%, putting it on par with most peer products in the space. It has a 12-month trailing dividend yield of 0.44%. Even though ETFs offer diversified exposure which minimizes single stock risk, it is still important to look into a fund's holdings before investing. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation to the Industrials sector--about 29.90% of the portfolio. Consumer Discretionary and Healthcare round out the top three. Looking at individual holdings, Hims & Hers Health Inc (HIMS) accounts for about 3.30% of total assets, followed by Carpenter Technology Corp (CRS) and Comfort Systems Usa Inc (FIX). The top 10 holdings account for about 21.05% of total assets under management. RFG seeks to match the performance of the S&P MidCap 400 Pure Growth Index before fees and expenses. The S&P MidCap 400 Pure Growth Index measures the performance of securities that exhibit strong growth characteristics in the S&P MidCap 400 Index. The ETF has added roughly 2.22% so far this year and is up about 2.45% in the last one year (as of 07/09/2025). In the past 52-week period, it has traded between $39.08 and $53.39. The ETF has a beta of 1.09 and standard deviation of 21.96% for the trailing three-year period, making it a medium risk choice in the space. With about 94 holdings, it effectively diversifies company-specific risk. Invesco S&P MidCap 400 Pure Growth ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, RFG is a great option for investors seeking exposure to the Style Box - Mid Cap Growth segment of the market. There are other additional ETFs in the space that investors could consider as well. The Vanguard Mid-Cap Growth ETF (VOT) and the iShares Russell Mid-Cap Growth ETF (IWP) track a similar index. While Vanguard Mid-Cap Growth ETF has $17.27 billion in assets, iShares Russell Mid-Cap Growth ETF has $19.40 billion. VOT has an expense ratio of 0.07% and IWP charges 0.23%. Retail and institutional investors increasingly turn to passively managed ETFs because they offer low costs, transparency, flexibility, and tax efficiency; these kind of funds are also excellent vehicles for long term investors. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. 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 Invesco S&P MidCap 400 Pure Growth ETF (RFG): ETF Research Reports Carpenter Technology Corporation (CRS) : Free Stock Analysis Report Comfort Systems USA, Inc. (FIX) : Free Stock Analysis Report iShares Russell Mid-Cap Growth ETF (IWP): ETF Research Reports Vanguard Mid-Cap Growth ETF (VOT): ETF Research Reports Hims & Hers Health, Inc. (HIMS) : 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
09-07-2025
- Business
- Yahoo
Should WisdomTree U.S. Total Dividend ETF (DTD) Be on Your Investing Radar?
The WisdomTree U.S. Total Dividend ETF (DTD) was launched on 06/16/2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Value segment of the US equity market. The fund is sponsored by Wisdomtree. It has amassed assets over $1.39 billion, making it one of the average sized ETFs attempting to match the Large Cap Value segment of the US equity market. Large cap companies typically have a market capitalization above $10 billion. They tend to be stable companies with predictable cash flows and are usually less volatile than mid and small cap companies. Value stocks have lower than average price-to-earnings and price-to-book ratios. They also have lower than average sales and earnings growth rates. Considering long-term performance, value stocks have outperformed growth stocks in almost all markets; however, they are more likely to underperform growth stocks in strong bull markets. Since cheaper funds tend to produce better results than more expensive funds, assuming all other factors remain equal, it is important for investors to pay attention to an ETF's expense ratio. Annual operating expenses for this ETF are 0.28%, putting it on par with most peer products in the space. It has a 12-month trailing dividend yield of 2.03%. Even though ETFs offer diversified exposure which minimizes single stock risk, it is still important to look into a fund's holdings before investing. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. Looking at individual holdings, Us Dollar accounts for about 100% of total assets, followed by Microsoft Corp (MSFT) and Jpmorgan Chase & Co (JPM). The top 10 holdings account for about 122.45% of total assets under management. DTD seeks to match the performance of the WisdomTree U.S. Dividend Index before fees and expenses. The WisdomTree U.S. Dividend Index is a fundamentally-weighted index that defines the dividend-paying portion of the U.S. equity market. The ETF return is roughly 6.87% so far this year and it's up approximately 15.06% in the last one year (as of 07/09/2025). In the past 52-week period, it has traded between $68.45 and $80.93. The ETF has a beta of 0.82 and standard deviation of 14% for the trailing three-year period, making it a medium risk choice in the space. With about 845 holdings, it effectively diversifies company-specific risk. WisdomTree U.S. Total Dividend ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, DTD is an excellent option for investors seeking exposure to the Style Box - Large Cap Value segment of the market. There are other additional ETFs in the space that investors could consider as well. The Schwab U.S. Dividend Equity ETF (SCHD) and the Vanguard Value ETF (VTV) track a similar index. While Schwab U.S. Dividend Equity ETF has $71.32 billion in assets, Vanguard Value ETF has $139.67 billion. SCHD has an expense ratio of 0.06% and VTV charges 0.04%. Passively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility and tax efficiency. They are excellent vehicles for long term investors. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. 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 WisdomTree U.S. Total Dividend ETF (DTD): ETF Research Reports JPMorgan Chase & Co. (JPM) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Vanguard Value ETF (VTV): ETF Research Reports Schwab U.S. Dividend Equity ETF (SCHD): ETF Research Reports 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
09-07-2025
- Business
- Yahoo
Should Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) Be on Your Investing Radar?
The Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) was launched on 09/09/2010, and is a passively managed exchange traded fund designed to offer broad exposure to the Mid Cap Growth segment of the US equity market. The fund is sponsored by Vanguard. It has amassed assets over $1.13 billion, making it one of the average sized ETFs attempting to match the Mid Cap Growth segment of the US equity market. Mid cap companies have market capitalization between $2 billion and $10 billion. They usually have higher growth prospects than large cap companies and are less volatile than small cap companies. Thus they have a nice balance of growth potential and stability. Growth stocks have higher than average sales and earnings growth rates. While these are expected to grow faster than the broader market, they also have higher valuations. Additionally, growth stocks have a greater level of risk associated with them. Even though growth stocks are more likely to outperform their value counterparts in strong bull markets, value stocks have a record of delivering better returns in almost all markets than growth stocks. Expense ratios are an important factor in the return of an ETF and in the long term, cheaper funds can significantly outperform their more expensive counterparts, other things remaining the same. Annual operating expenses for this ETF are 0.10%, making it one of the least expensive products in the space. It has a 12-month trailing dividend yield of 0.77%. Even though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation to the Industrials sector--about 28.10% of the portfolio. Financials and Consumer Discretionary round out the top three. Looking at individual holdings, Interactive Brokers Group Inc (IBKR) accounts for about 1.54% of total assets, followed by Emcor Group Inc (EME) and Duolingo Inc (DUOL). The top 10 holdings account for about 9.24% of total assets under management. IVOG seeks to match the performance of the S&P MidCap 400 Growth Index before fees and expenses. The S&P MidCap 400 Growth Index measures the performance of growth stocks of medium-size U.S. companies. The ETF has added roughly 1.77% so far this year and was up about 6.10% in the last one year (as of 07/09/2025). In the past 52-week period, it has traded between $91.51 and $123.97. The ETF has a beta of 1.07 and standard deviation of 20.23% for the trailing three-year period, making it a medium risk choice in the space. With about 247 holdings, it effectively diversifies company-specific risk. Vanguard S&P Mid-Cap 400 Growth ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, IVOG is a great option for investors seeking exposure to the Style Box - Mid Cap Growth segment of the market. There are other additional ETFs in the space that investors could consider as well. The Vanguard Mid-Cap Growth ETF (VOT) and the iShares Russell Mid-Cap Growth ETF (IWP) track a similar index. While Vanguard Mid-Cap Growth ETF has $17.27 billion in assets, iShares Russell Mid-Cap Growth ETF has $19.40 billion. VOT has an expense ratio of 0.07% and IWP charges 0.23%. Passively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility and tax efficiency. They are excellent vehicles for long term investors. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. 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 Vanguard S&P Mid-Cap 400 Growth ETF (IVOG): ETF Research Reports Interactive Brokers Group, Inc. (IBKR) : Free Stock Analysis Report EMCOR Group, Inc. (EME) : Free Stock Analysis Report iShares Russell Mid-Cap Growth ETF (IWP): ETF Research Reports Vanguard Mid-Cap Growth ETF (VOT): ETF Research Reports Duolingo, Inc. (DUOL) : 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
