logo
On Holding CEO: Our DTC channel has grown stronger than wholesale

On Holding CEO: Our DTC channel has grown stronger than wholesale

In an interview on CNBC's Mad Money, Martin Hoffmann said the On brand is in a 'really strong position.' 'We have done a lot of work to earn pricing power and we will use it,' he noted. According to Hoffmann, the company had its strongest month ever in April, despite the macro uncertainty.
Protect Your Portfolio Against Market Uncertainty
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Piper Sandler Initiates Coverage of National Energy Services Reunited (NESR) Stock With an Overweight Rating
Piper Sandler Initiates Coverage of National Energy Services Reunited (NESR) Stock With an Overweight Rating

Yahoo

time9 hours ago

  • Yahoo

Piper Sandler Initiates Coverage of National Energy Services Reunited (NESR) Stock With an Overweight Rating

National Energy Services Reunited Corp. (NASDAQ:NESR) is one of the Best Beaten Down Stocks to Buy Now. Piper Sandler initiated coverage of the company's stock with an 'Overweight' rating and a price objective of $11, as reported by The Fly. Notably, the firm expects a challenging backdrop for US land and is expecting a persistent negative rate-of-change environment for the balance of 2025, with the decline in U.S. land rig count. However, National Energy Services Reunited Corp. (NASDAQ:NESR) highlighted that operational execution was strong across Q1 2025, thanks to the continued improved processes, streamlined procedures, and reinforced internal controls. A drilling rig in action, operated by an oilfield services team. Despite the global economic headwinds, National Energy Services Reunited Corp. (NASDAQ:NESR) believes that conditions in the MENA region are supportive of growth, and it is focused on core strategic priorities. These include reporting profitable revenue growth, enhancing execution efficiency, commercializing new technology, as well as improving debt reduction and working capital efficiency to help long-term financial performance. National Energy Services Reunited Corp. (NASDAQ:NESR)'s net debt to adjusted EBITDA ratio was below 1.0, ending Q1 2025 at 0.93 as of March 31, 2025. This reflects a significant improvement from 1.30 as of March 31, 2024. National Energy Services Reunited Corp. (NASDAQ:NESR) is one of the leading national oilfield services providers. While we acknowledge the potential of NESR 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.

Global week ahead: Banking bellwethers and a tariffs waiting game
Global week ahead: Banking bellwethers and a tariffs waiting game

CNBC

time11 hours ago

  • CNBC

Global week ahead: Banking bellwethers and a tariffs waiting game

Next week, the CNBC teams are back on the road – and it's all about the banks and the ECB. From Frankfurt to Milan, and Paris to London, the financials are in focus. The markets seem to be banking on the financial sector to keep up the positive earnings momentum this quarter. Citi described the first quarter as "remarkably resilient," with analysts now expecting Stoxx 600 earnings-per-share growth to turn positive year-on-year this quarter. Much of that optimism is centered on the big banks, while other sectors like luxury, autos and energy have been plagued by earnings downgrades. Unicredit kicks things off on Wednesday. The Italian banking giant will try to keep investors focused on the numbers, rather than its M&A ambitions. While its moves around Commerzbank have seen it increase its equity stake to 20%, Saxo Bank analysts highlight the uncertainty around its potential takeover of Banco BPM, after an Italian court blocked the move until further conditions are met. The stock is up over 50% so far this year, providing some cheer for CEO Andrea Orcel as he battles to keep his expansion plans on track. French financial BNP Paribas — the euro zone's largest lender by assets — reports earnings on Thursday. Last quarter, the bank soared past expectations driven by performance at its investment bank, but revised its profitability target slightly lower. On the same day, attention will turn to Frankfurt for Deutsche Bank's latest set of numbers. The German lender logged its best profit in 14 years last quarter, benefiting from increased trading volumes around the market volatility. CEO Christian Sewing told CNBC in June that he sees an opportunity for Europe to invest more in its own defense sector as a key growth area. For macro-watchers, the highlight of the week in Europe will come from the European Central Bank. President Christine Lagarde and her fellow policymakers are expected to keep rates on hold at 2% on Thursday. But there is a BIG catch… U.S. President Donald Trump's tariff threats are not expected to derail this meeting's outcome, according to Reuters, citing five ECB governing council member sources. But if Trump does push ahead with 30% tariffs on EU imports, there is a broad assumption the ECB will cut rates in response. Investors will have until Sept. 11 to assess the impact, as the ECB breaks for the summer after this week's meeting. In terms of the underlying economic conditions, Deutsche Bank warns that European inflation risks are "still being underestimated, with a remarkable complacency across key assets," with the tariff impact yet to fully trickle through. The bank's macro strategist also told CNBC's Squawk Box Europe that the Aug. 1 tariff deadline for negotiations between the U.S. and EU sets the stage for a late outcome to trigger a "very sharp market reaction."

Analyst Highlights Netflix's (NFLX) ‘Biggest Advantage' – Can The Stock Keep Rising Amid Competition?
Analyst Highlights Netflix's (NFLX) ‘Biggest Advantage' – Can The Stock Keep Rising Amid Competition?

Yahoo

timea day ago

  • Yahoo

Analyst Highlights Netflix's (NFLX) ‘Biggest Advantage' – Can The Stock Keep Rising Amid Competition?

Netflix Inc (NASDAQ:NFLX) is one of the . MNTN CEO Mark Douglas recently talked about Netflix during a program on CNBC. He believes Netflix has an edge over its competitors. 'I think the biggest advantage Netflix Inc (NASDAQ:NFLX) always has, it's the first place most people think to go when they turn on their TV. And—and it's just an incredible advantage. We've talked about this before. It allows them to turn like a female fight, which typically in the past hasn't had great ratings, into the one of highest rated fights of all time, another form of their live content. So, as long as you have consumers coming to you first, you want a mixture of these top tier shows, but you also want new content that isn't that expensive to produce, like live programming, like dating shows, like, you know, soccer, football in Europe and things like that that you can produce and put out there and attract those viewers worldwide.' Netflix shares were in the red early Friday despite reporting a strong Q2. Revenue rose nearly 16% year over year and beat estimates, while operating margin climbed to 34.1% from 27.2%. The company raised its full-year revenue forecast to $44.8–$45.2 billion from $43.5 billion to $44.5 billion. The stock is up 44% so far this year. Netflix's P/E ratio of 60 is significantly higher than Disney's and Amazon's. Amid rising competition and high valuation, the stock could struggle to keep momentum in the absence of new catalysts. Photo by Souvik Banerjee on Unsplash ClearBridge Large Cap Growth Strategy stated the following regarding Netflix, Inc. (NASDAQ:NFLX) in its second quarter 2025 investor letter: 'Netflix, Inc. (NASDAQ:NFLX), one of the Strategy's largest active weights, saw its shares rise due to overall continued robust execution with double-digit revenue growth, driven by a balance of subscriber growth and price, and continued margin expansion. We took some profits in the position but remain confident in the company's long-term strategy, strong market position and attractiveness of the global streaming market.' While we acknowledge the potential of NFLX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right 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

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store