Latest news with #executivechanges
Yahoo
2 days ago
- Business
- Yahoo
Amer Sports (AS) Reports Strong Revenue Growth and Raises 2025 Earnings Guidance
Amer Sports announced robust second-quarter performance, showing a significant increase in sales and net income, alongside a positive earnings guidance for the remainder of the year. These developments, coupled with executive changes at its Wilson subsidiary, likely reinforced investor confidence, contributing to the company's 2% price rise over the past week. Despite the strengthening position, Amer Sports' movement was in line with the broader market, which enjoyed a 1% increase, indicating that while its specific events provided supportive momentum, they did not diverge significantly from prevailing market trends. Buy, Hold or Sell Amer Sports? View our complete analysis and fair value estimate and you decide. The end of cancer? These 26 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's. The recent developments at Amer Sports, including a promising second-quarter performance and executive changes, have potential implications for the company's forecasted revenue and earnings growth. The strategic focus on the Asia-Pacific and Greater China regions, bolstered by rising incomes and interest in premium products, aligns well with the narrative that highlights significant revenue potential. As the company expands its direct-to-consumer channels, gross margins may see continued strengthening, potentially supporting the optimistic earnings growth analysts have predicted. Over the past year, Amer Sports delivered substantial total shareholder returns with an increase of over 200%, underscoring a strong performance relative to the industry, which returned 1%. This robust return, chiefly driven by the company's strategic growth initiatives, further enhances its market position. The current share price of US$37.50 is below the consensus price target of US$41.97, suggesting room for potential appreciation. However, the price movement remains closely tied to achieving projected earnings and revenue targets while managing execution risks in new markets. Explore Amer Sports' analyst forecasts in our growth report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include AS. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
5 days ago
- Business
- Yahoo
Opendoor Technologies (OPEN) Announces Leadership Transition As CEO Carrie Wheeler Steps Down
Opendoor Technologies has experienced pivotal executive changes with the departure of CEO Carrie Wheeler, succeeded temporarily by technology leader Shrisha Radhakrishna, amidst a robust share price surge of 304% this past quarter. Contributing to this momentum are the company's efforts in launching new products like Cash Plus and the Key Agent App during a period when the broader market showed mixed performance with record highs in major indices like the Dow. Opendoor's strategic product advancements and investor enthusiasm appear to complement the overall market trends, despite not aligning with the slight declines in the S&P 500 and Nasdaq. Be aware that Opendoor Technologies is showing 2 risks in our investment analysis. AI is about to change healthcare. These 27 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. The recent executive changes at Opendoor Technologies, coupled with the significant share price surge this past quarter, could influence the company's strategic direction and execution. While the introduction of products like Cash Plus and the Key Agent App add potential for innovation-led growth, the revenue and earnings outlook remain cautious. The company's reliance on technological advancements may offer resilience amid high mortgage rates and affordability challenges, though analysts are bracing for persistent revenue pressures and ongoing unprofitability over the next three years. The interim leadership may navigate these waters with fresh insights, impacting future forecasts. Over the past year, Opendoor's total shareholder return, including dividends, was 77.09%, indicating solid performance despite broader market volatility. This also stands out when compared to the US Real Estate industry's 26.9% return over the same period, suggesting Opendoor outperformed in a challenging market environment. However, given the longer-term context, the share price is currently US$3.17, offering a stark contrast to the analyst consensus price target of US$1.14. This highlights a significant discount that could reflect differing expectations of future performance and market conditions. The recent price movement, powered by investor enthusiasm and product launches, suggests optimism. However, given the current share price exceeds the price target by a very large margin, investors might be pricing in greater optimism than analysts currently project. As the company focuses on revenue streams from innovative solutions, these efforts must translate into substantial profitability improvements to meet or exceed market expectations in the long run. Our comprehensive valuation report raises the possibility that Opendoor Technologies is priced higher than what may be justified by its financials. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include OPEN. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ 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
Bloomberg
08-08-2025
- Business
- Bloomberg
Bumble, Funko Help Set Record Pace for Ousters of Female CEOs
Chief executive officer departures this year at Bumble Inc. and Funko Inc. are helping to fuel a record crop of female CEOs who've been ousted from their jobs. A total of 14 ousters in 2025, which also includes departures by the top executives at Bath & Body Works Inc. and Vail Resorts Inc., marks the highest number of women CEOs forced out during any single year since at least 2017, according to which tracks executive changes at public companies.
Yahoo
07-08-2025
- Business
- Yahoo
Avino Silver & Gold Mines (TSX:ASM) Sees 44% Price Rise Over Last Quarter
Avino Silver & Gold Mines experienced a notable quarter, marked by a 44% rise in share price. Key events influencing this movement include the announcement of increased production in copper and gold during Q2, despite a dip in silver output. The company's addition to the S&P/TSX Global Mining Index and recent executive changes may have bolstered investor confidence. Moreover, the broader market's upward trend, driven by positive earnings reports, likely provided additional support for Avino's price performance, highlighting its alignment with sector and market gains over the last quarter. We've discovered 1 possible red flag for Avino Silver & Gold Mines that you should be aware of before investing here. Rare earth metals are an input to most high-tech devices, military and defence systems and electric vehicles. The global race is on to secure supply of these critical minerals. Beat the pack to uncover the 25 best rare earth metal stocks of the very few that mine this essential strategic resource. The recent developments at Avino Silver & Gold Mines have the potential to significantly influence the company's future trajectory, aligning with the narrative of enhanced production capabilities through the La Preciosa development. The increased output of copper and gold, combined with the company's inclusion in the S&P/TSX Global Mining Index, could further support its revenue and earnings forecasts. This aligns positively with analysts' expectations of revenue growth and margin improvements, although the volatile nature of metal prices poses a risk. Over a longer three-year period, Avino's shares yielded a total return of 495.12%, a very large increase. In contrast, its one-year performance also exceeded the Canadian Metals and Mining industry benchmark, which returned 51.8% during the same timeframe. Despite the recent 44% quarterly share price increase, Avino's current trading price of CA$4.88 stands below analysts' consensus price target of CA$4.13. This discrepancy suggests varying expectations among analysts regarding the company's ability to achieve projected earnings and revenue growth. As the company continues to expand at La Preciosa, any unforeseen escalation in operational costs could impact earnings and challenge the path to reaching the aspirational price target. Jump into the full analysis health report here for a deeper understanding of Avino Silver & Gold Mines. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include TSX:ASM. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
06-08-2025
- Business
- Yahoo
Bloomin' Brands names new CFO in C-suite shakeup
You can find original article here Nrn. Subscribe to our free daily Nrn newsletter. Bloomin' Brands Inc., parent company to the Outback Steakhouse brand, has named new leaders of its finance, human resources, and Bonefish Grill divisions, among other executive changes, the company said Monday. The Tampa, Fla.-based company, which also owns the Carrabba's Italian Grill and Fleming's Prime Steakhouse & Wine Bar brands, said the appointments were 'designed to build capability to support the company's ongoing business turnaround,' which is focused on the Outback brand. 'As we reinvigorate sales and profit growth in our restaurants, our leaders are committed to our founder's values of leading growth that is enabled by our people with a passion for guest hospitality,' Mike Spanos, Bloomin' CEO, said in a statement. 'These organizational updates enhance our bench strength, creating a more effective team that is committed to operational excellence.' Among the executive changes: Eric Christel joins Bloomin' Brands as chief financial officer-elect. Following a transition period concluding about Sept. 8, Christel will assume the role of CFO. Christel will work with the current CFO, Michael Healy, to ensure a smooth transition. Christel served as CFO at The Campbell's Co.'s snacks division and in several leadership roles at PepsiCo from 2007 to 2020. Healy, a 16-year veteran of Bloomin' Brands, will assume the newly created role of executive vice president for strategy and transformation and lead the revenue management team. Susan Cline was promoted to group vice president for strategy and transformation. Cline has 30 years of restaurant operations experience, including frontline and managing partner roles at Outback. Jessica Mitory will join the company on Aug. 11 as chief human resources officer. She most recently headed global total rewards and employee experience at Advance Auto Parts Inc. and previously worked with Pepsi Beverages North America. Ali Charri has been named senior vice president for guest insights and analytics, effective immediately. Most recently, he served as senior vice president of strategy and insights at Darden Restaurants Inc. Randy Scruggs has been promoted to senior vice president for supply chain. Tara Kurian has been promoted to senior vice president for investor relations, financial planning and analysis, and international. She will work with the strategy transformation team. John Bettin will join the company Sept. 2 as president of Bonefish Grill. He most recently served as CEO of Miller's Ale House, and was CEO of The Palm Restaurant Group, and Tavistock Restaurant Collection. Mark Graff, the current Bonefish president, will leave the company Nov. 1, the company said. 'On behalf of our board and the entire organization, I want to thank Mark for his years of dedicated service,' Spanos said. 'His leadership helped shape our company's success and laid the foundation for the future of our brands.' The remainder of Bloomin's leadership remains unchanged, with Patrick Hafner continuing to lead Outback, Kelia Bazile heading Carrabba's, and Sheilina Henry overseeing Fleming's. 'As we look to shape Bloomin' Brands' future, our priorities are to simplify the business and consistently deliver a great guest experience while balancing our longer-term priorities to turn around Outback and drive sustainable sales and profit growth, and realigning our leadership team is a critical step in strengthening operational focus, agility, and accountability,' Spanos said. Bloomin' Brands is expected to release earnings for the second quarter ended June 29, on Wednesday, before the market opens. Bloomin' has more than 1,450 restaurants in 46 states, Guam, and 12 countries. Contact Ron Ruggless at Follow him on X/Twitter: @RonRuggless
