Latest news with #internationalmarkets
Globe and Mail
22-07-2025
- Business
- Globe and Mail
GameStop Recovery Hinges on US Strength as Global Woes Continue
GameStop Corp. GME delivered mixed regional results in the first quarter of fiscal 2025, as strength in the United States was overshadowed by continued weakness in international markets. Total net sales fell 16.9% year over year to $732.4 million from $881.8 million, reflecting the company's ongoing restructuring efforts and challenges abroad. The U.S. business remained the company's cornerstone, posting net sales of $537.5 million, down 12.9% from the prior year. Despite lower sales, cost reductions and improved efficiency drove a turnaround to $33.6 million in operating income from a $25.3-million loss a year earlier. This marked improvement highlights the domestic market's importance, with the United States now accounting for 73.4% of total sales. International operations, however, continued to drag the overall performance. In Canada, net sales declined 10.3% year over year to $38.2 million, and the operating loss deepened to $22.2 million due to $18.3 million in impairment charges tied to the company's exit from the market, which was completed after the quarter ended. Europe faced even greater pressure, with sales plunging 47.4% to $74.8 million and losses widening to $16.8 million, weighed down by $17.2 million in impairment costs and falling demand. Australia showed modest improvement, as sales rose 2.9% to $81.9 million while operating losses narrowed slightly to $5.4 million. These results underscore the urgent need for GameStop to focus on profitable markets and exit or restructure underperforming ones. The U.S. turnaround offers a foundation, but remaining international losses highlight the importance of decisive action to sustain its recovery and adapt to changing market dynamics. GME's Price Performance, Valuation & Estimates Shares of GameStop have lost 10.8% in the past three months against the industry 's growth of 30.7%. GME has underperformed its competitors, including Best Buy Co., Inc. BBY and Microsoft Corporation MSFT. Shares of Best Buy have declined 4.3%, while Microsoft shares have risen 36.2% over the same period. From a valuation standpoint, GME trades at a forward price-to-sales ratio of 3.30X, slightly below the industry's average of 3.74X. It has a Value Score of D. GameStop is trading at a premium to Best Buy (with a forward 12-month P/S ratio of 0.34X) and at a discount to Microsoft (11.99X). The Zacks Consensus Estimate for GameStop's fiscal 2025 earnings implies a year-over-year upsurge of 127.3% and the same for fiscal 2026 indicates a decline of 52%. Estimates for fiscal 2025 and 2026 have been upbound 28 cents and southbound 11 cents, respectively, in the past 60 days. GME currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks' Research Chief Names "Stock Most Likely to Double" Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest. This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%. Free: See Our Top Stock And 4 Runners Up 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 Microsoft Corporation (MSFT): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report GameStop Corp. (GME): Free Stock Analysis Report
Yahoo
22-07-2025
- Business
- Yahoo
BofA Trims McDonald's (MCD) Price Target, Maintains Neutral Rating
McDonald's Corporation (NYSE:MCD) is one of the most profitable consumer stocks to buy now. Bank of America slightly lowered its price target on McDonald's Corporation (NYSE:MCD) to $322 from $327 while keeping a Neutral rating, as it fine-tunes estimates across its restaurant coverage ahead of the sector's upcoming earnings season. The revised target implies an upside of roughly 8.4% from the current market price of $297. saknakorn / The move reflects a broader recalibration by BofA analysts, who are adjusting their models to account for changes in market multiples and company-specific revisions. While McDonald's remains a stable performer, the firm signaled that valuation has grown less compelling in the short term, especially amid a backdrop of slowing same-store sales growth and cautious consumer trends in key international markets. BofA highlighted that while McDonald's continues to benefit from scale, operational efficiency, and strong brand equity, macro pressures, including FX headwinds and uneven traffic in Europe, could limit near-term upside. Still, the modest price cut is not a sign of deteriorating fundamentals but rather part of a broader sector-level housekeeping. Investors will be closely monitoring McDonald's quarterly update for guidance on pricing strategies, traffic trends, and progress in digital engagement, all of which will shape sentiment heading into the second half of the year. While we acknowledge the potential of MCD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Top 10 Healthcare AI Stocks to Buy According to Hedge Funds and 10 Best Industrial Automation Stocks to Buy for the Next Decade Disclosure: None. Sign in to access your portfolio
Yahoo
21-07-2025
- Automotive
- Yahoo
Niu Technologies (NIU) Releases Q2 2025 Sales Volume Update
Niu Technologies (NASDAQ:NIU) is one of the Best Performing EV Stocks So Far in 2025. In Q2 2025, the company sold 350,090 units, which consisted of e-motorcycles, e-mopeds, e-bicycles, kick-scooters, and e-bikes. Furthermore, the sales in China and international markets came in at 318,719 and 31,371 units, respectively. An avid cyclist riding a sleek electric motorcycle on a rugged city street. Niu Technologies (NASDAQ:NIU) highlighted that, in China, it focused on its key product line development strategy, improving the existing models via continuous upgrades and refining the product portfolio. Notably, such efforts led to an optimized product mix, making it appealing to a range of consumers. In the international markets, Niu Technologies (NASDAQ:NIU) rolled out a comprehensive portfolio of electric motorcycles, which includes off-road models. Because of an expanded distribution network, the lineup strengthened its global market position. In China, Niu Technologies (NASDAQ:NIU) continues to advance its intelligent product development strategy through the integration of automotive-grade technologies, including millimeter-wave radar, dual-channel ABS, and an AI Smart Ecosystem. The synergistic combination of product innovation and omnichannel growth continues to fuel measurable increases across domestic sales and market penetration. The company is leveraging innovation and agile infrastructure, which can help mitigate geopolitical challenges. Niu Technologies (NASDAQ:NIU) is engaged in designing, manufacturing, and selling electric scooters. While we acknowledge the potential of NIU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey. 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
Bloomberg
09-07-2025
- Business
- Bloomberg
Romania Offers Dollar, Euro Debt After Starting Austerity Plan
Romania is tapping international markets for the third time this year after the government's austerity package fueled a rally in its debt securities. The east European nation plans to sell dollar-denominated bonds due in 2030 and 2036 and to tap existing euro notes maturing in 2039, according to a person with knowledge of the matter, who asked not to be identified.
Bloomberg
08-07-2025
- Business
- Bloomberg
Zimbabwe Hopes to Service External Debt, Doesn't Say When
Zimbabwe, locked out of international capital markets since defaulting in 1999, expects its stronger economy to help it pay back external creditors, without saying when this would begin. Finance Minister Mthuli Ncube told reporters in the capital, Harare, on Tuesday that the country's debt as a percentage of gross domestic product has declined to 46% from around 60% thanks to better growth.
