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Saks Reveals $100 Million Loss in No-Questions Creditor Call
Saks Reveals $100 Million Loss in No-Questions Creditor Call

Bloomberg

time10 hours ago

  • Business
  • Bloomberg

Saks Reveals $100 Million Loss in No-Questions Creditor Call

By , Reshmi Basu, and Irene Garcia Perez Save Saks Global Enterprises told creditors it had an adjusted loss of more than $100 million last fiscal year, one day after it announced a $350 million financial lifeline ahead of a looming coupon payment. The luxury retailer has $275 million in overdue payments to suppliers, management told bondholders in a Friday call where it also shared figures from the 12-month period ended Feb. 1, according to people with knowledge of the call's contents. Combined with results from recently acquired Neiman Marcus, the company recorded $161 million in adjusted earnings last year, Saks reported.

Inspiration Healthcare Group Full Year 2025 Earnings: UK£0.19 loss per share (vs UK£0.088 loss in FY 2024)
Inspiration Healthcare Group Full Year 2025 Earnings: UK£0.19 loss per share (vs UK£0.088 loss in FY 2024)

Yahoo

timea day ago

  • Business
  • Yahoo

Inspiration Healthcare Group Full Year 2025 Earnings: UK£0.19 loss per share (vs UK£0.088 loss in FY 2024)

Revenue: UK£38.3m (up 1.7% from FY 2024). Net loss: UK£15.0m (loss widened by 148% from FY 2024). UK£0.19 loss per share (further deteriorated from UK£0.088 loss in FY 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Medical Equipment industry in the United Kingdom. Performance of the British Medical Equipment industry. The company's share price is broadly unchanged from a week ago. You still need to take note of risks, for example - Inspiration Healthcare Group has 4 warning signs (and 3 which are potentially serious) we think you should know about. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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.

Carlyle's Dainese Seeks to Renegotiate Its Debt as Losses Soar
Carlyle's Dainese Seeks to Renegotiate Its Debt as Losses Soar

Bloomberg

time2 days ago

  • Business
  • Bloomberg

Carlyle's Dainese Seeks to Renegotiate Its Debt as Losses Soar

Dainese SpA, a sports clothing brand owned by Carlyle Group, is looking to renegotiate its debt terms after losses steepened in 2024. The Italian company, which produces high-end wear for motorcyclists and skiers, said it wants to open debt talks with creditors after it reported a €120 million ($136 million) loss last year, almost three times bigger than in 2023, according to its annual financial report published earlier this month.

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