Latest news with #AnthonyWood
The Sun
3 days ago
- The Sun
Moment hero vigilante rams shoplifter's shopping cart in Walmart car park in front of stunned onlookers
THIS is the dramatic moment a vigilante shopper confronts a suspected Walmart shoplifter before ramming his trolley. Footage shows the video vigilante intervening when he saw the suspected shoplifter leave Walmart with a loaded shopping cart. 3 3 The clip shows the brave man spotting the suspected shoplifter brazenly getting out of the clutches of security outside a Walmart store. He charges towards the man and slams into his trolley, which was filled with items he allegedly did not pay for. A fight breaks out when the cyclist confronts the alleged shoplifter and says: "If you did pay for it, just pick it up b****." The other man then starts to slowly walk away, with his expression seemingly showing guilt. The video vigilante then shouts: "Did you pay for it? If you did not steal, pick it up, pick it the f*** up b****. "Get out of where you piece of s***." The suspected shoplifter then walks away from the scene. A similar incident occurred in 2023 when another video vigilante intervened after seeing a suspected shoplifter leave Walmart with a shopping cart loaded with groceries. Anthony Wood's brave intervention and viral video helped police identify the suspect, who repeatedly denied stealing the items. The incident occurred in a Walmart parking lot near Tulsa, Oklahoma in 2014. Walmart takes swipe at Dollar Tree with new 97-cent offering just DAYS after discount chain 'screwed up' its costs Smith told ABC News that he saw the man looking around before bolting out the store with a cart stacked full of grocery products and paper towels. As soon as Smith realized the person might be stealing the items, he took out his phone and began recording. The fearless vigilante even began shouting at the man as he loaded the items into his car. It comes after a woman was accused of pulling off a wild ticket-switching stunt at Walmart. She walked out with hundreds of dollars in goods until surveillance video caught up with her. The woman racked up 19 visits using the same sneaky trick, cops said. The alleged scheme went down in Manitowoc, Wisconsin, roughly 80 miles from Milwaukee. Hailey Wildfong, 38, is now charged with one count of felony retail theft, Seehafer News reported. In another case earlier this year, a man named Speedy Gonzalez was arrested in Georgia for ripping off Walmart stores with a trash can trick. The 40-year-old allegedly stuffed pricey products into empty bins, scanned the bins, and walked out with the loot. Gonzalez reportedly stole items like nicotine, diabetic strips, and gum, all while avoiding staff detection. Authorities say Gonzalez pulled the scam off at least 20 times across stores in Georgia. Walmart shoplifting arrests Ashley Cross was caught on security cameras using an old watch battery barcode to scan expensive products for just $1 Ex-officer Mark Leenerts stole $317.88 worth of merchandise from Walmart stores in Topeka, Kansas Jeremiah Boyer raked in $52,800 in fees on 874 orders while working for Walmart's online delivery service Spark Brent Adam Brooks, of Sylva, North Carolina, was arrested after trying to steal a $198 Frigidaire ice maker Kabreshia Caldwell targeted innocent senior citizen customers at Walmart stores across Northeast Florida, stealing a total of $10,000 Katherine Gordon allegedly stole $80 worth of groceries by replacing barcodes on certain produce items
Yahoo
27-06-2025
- Business
- Yahoo
The 5 Most Interesting Analyst Questions From Roku's Q1 Earnings Call
Roku's first quarter results for 2025 were met with a negative market reaction, as investors focused on the company's mixed performance versus Wall Street expectations. Management pointed to the ongoing shift from linear TV to streaming as a key driver, highlighting strong growth in total hours streamed and progress in diversifying revenue streams across advertising and subscriptions. CEO Anthony Wood explained that investments in programmatic advertising and deepening integrations with third-party demand-side platforms (DSPs) supported ad revenue growth, even as advertisers became more selective and sought higher returns on investment. The acquisition of Frndly, a streaming subscription bundle, was cited as a step toward expanding recurring revenue and strengthening the platform's competitive position. Is now the time to buy ROKU? Find out in our full research report (it's free). Revenue: $1.02 billion vs analyst estimates of $1.01 billion (15.8% year-on-year growth, 1.5% beat) Adjusted EBITDA: $56.02 million vs analyst estimates of $60.43 million (5.5% margin, 7.3% miss) Revenue Guidance for Q2 CY2025 is $1.07 billion at the midpoint, below analyst estimates of $1.09 billion EBITDA guidance for the full year is $350 million at the midpoint, above analyst estimates of $337.7 million Operating Margin: -5.7%, up from -8.2% in the same quarter last year Total Hours Streamed: 35.8 billion, up 5 billion year on year Market Capitalization: $12.27 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Cory Carpenter (JPMorgan) asked about Roku's confidence in reiterating full-year guidance given macro uncertainty. CEO Anthony Wood and CFO Dan Jedda cited platform diversification and secular streaming trends as supporting factors. Brent Navon (Bank of America) inquired about Roku's ability to buffer against further macro deterioration. Jedda responded that ongoing advertising and subscription initiatives should help offset potential headwinds, but acknowledged the company is not immune to major downturns. Vasily Karasyov (Cannonball Research) questioned the incrementality of programmatic revenue. President Charlie Collier explained that while some revenue comes from shifting direct buyers, new partnerships and self-service tools are bringing in incremental demand. Laura Martin (Needham) probed the rationale behind the Frndly acquisition and the company's use of first-party data. Wood and Collier detailed Frndly's growth potential and explained the focus on leveraging proprietary data to enhance advertising performance rather than selling it directly. Matt Thornton (FBN Securities) asked about the impact of tariffs on device margins and the inclusion of Frndly in guidance. Ozgen detailed the company's manufacturing agility and Jedda confirmed Frndly's contribution was assumed in guidance. Looking ahead, the StockStory team will be watching (1) the pace of ad revenue growth as programmatic buying becomes a larger share of the mix, (2) the integration and growth trajectory of Frndly and its impact on recurring revenue, and (3) the effectiveness of Home Screen enhancements in driving engagement and monetization. Execution against tariff mitigation strategies and continued growth in streaming households will also be important signposts. Roku currently trades at $86.08, up from $67.30 just before the earnings. Is there an opportunity in the stock?Find out in our full research report (it's free). The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today. 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
16-05-2025
- Business
- Yahoo
ROKU Q1 Earnings Call: Advertising Demand Shifts and Subscription Growth Shape Outlook
Streaming TV platform Roku (NASDAQ: ROKU) announced better-than-expected revenue in Q1 CY2025, with sales up 15.8% year on year to $1.02 billion. The company expects next quarter's revenue to be around $1.07 billion, close to analysts' estimates. Its non-GAAP loss of $0.19 per share was 24.8% above analysts' consensus estimates. Is now the time to buy ROKU? Find out in our full research report (it's free). Revenue: $1.02 billion vs analyst estimates of $1.01 billion (15.8% year-on-year growth, 1.5% beat) Adjusted EPS: -$0.19 vs analyst estimates of -$0.25 (24.8% beat) Adjusted EBITDA: $56.02 million vs analyst estimates of $60.43 million (5.5% margin, 7.3% miss) Revenue Guidance for Q2 CY2025 is $1.07 billion at the midpoint, roughly in line with what analysts were expecting EBITDA guidance for the full year is $350 million at the midpoint, above analyst estimates of $337.7 million Operating Margin: -5.7%, up from -8.2% in the same quarter last year Free Cash Flow Margin: 13.4%, up from 6.4% in the previous quarter Total Hours Streamed: 35.8 billion, up 5 billion year on year Market Capitalization: $10.28 billion Roku's first quarter results were shaped by shifting advertising demand and continued growth in its subscription offerings. Management highlighted that the ongoing migration of ad budgets from traditional TV to streaming, combined with increased adoption of programmatic advertising, were central to recent performance. CEO Anthony Wood emphasized, 'Advertisers have already been shifting their budgets from linear to streaming and from direct insertion orders to programmatic. Those are two big trends that are positive for Roku.' Looking ahead, the company's guidance is built on expectations that these advertising trends will persist and that new initiatives, including the recent acquisition of Frndly, will accelerate subscription growth. CFO Dan Jedda noted that Roku's outlook incorporates some macroeconomic caution, but the company is confident in its diversified revenue streams and expects platform revenue and adjusted EBITDA to benefit from both secular industry changes and specific product initiatives over the rest of the year. Management identified several business drivers and operational changes influencing first quarter results and the outlook for the rest of the year. Advertising market evolution: Roku's ad business benefited from the industry's shift toward programmatic buying, allowing advertisers increased flexibility and real-time campaign adjustments. Management stated that this trend, accelerated by macro uncertainty, played to Roku's strengths, with Charlie Collier, President of Roku Media, describing programmatic as 'gaining share, because… it offers the flexibility and performance that advertisers need.' Subscription momentum: Roku's subscription business continued to expand, highlighted by the acquisition of Frndly, a 'skinny bundle' service. Management explained this acquisition as both a growth driver for subscriptions and as immediately beneficial to adjusted EBITDA margins in its first full year. Platform diversification: The company's multi-year strategy to diversify its revenue base—across advertising formats, subscription products, and home screen engagement—has reduced reliance on any single segment. This diversification was cited as enabling better navigation of market volatility. Home Screen and Roku Channel engagement: The Roku Channel became the number two app on the platform by engagement, growing 84% globally year-on-year. Management attributed this to enhanced Home Screen features and targeted UI improvements, which have also increased subscription signups and advertiser interest beyond traditional media & entertainment verticals. Tariff and supply chain management: Management addressed concerns over potential tariffs on devices, emphasizing a diversified manufacturing base and the ability to shift production as needed. Mustafa Ozgen, President of Devices, noted that the current tariff structure is not expected to materially affect gross profit for the year, and existing flexibility would help navigate any changes. Roku's management expects future performance to be driven by continued growth in programmatic advertising, expansion of its subscription base, and disciplined cost management against a backdrop of macroeconomic uncertainty. Programmatic advertising gains: Management believes that advertisers' increased focus on flexibility and return on investment will sustain the shift toward programmatic ad buying. The company has invested in partnerships with demand-side platforms (DSPs) and expects this to be a long-term growth driver. Subscription and content expansion: The acquisition of Frndly and further Home Screen improvements are expected to drive growth in subscriptions, with management stating that these initiatives should be accretive to adjusted EBITDA margins in the first full year. Manufacturing agility and cost controls: With device tariffs and supply chain risks in mind, management highlighted its diversified production network and pricing strategies as tools to mitigate potential headwinds, aiming to maintain or improve profitability even if market conditions change. Cory Carpenter (JPMorgan): Asked what gives management confidence in reiterating full-year platform and EBITDA guidance amid macro uncertainty; executives cited secular ad trends, diversification, and new initiatives as buffers, with Charlie Collier noting, 'programmatic advertising is gaining share.' Brent Navon (Bank of America): Inquired about the ability of new business initiatives to offset macroeconomic weakness; Dan Jedda responded that ongoing and yet-to-be-announced initiatives in subscriptions and advertising offer some insulation, though not total immunity to broader downturns. Vasily Karasyov (Cannonball Research): Sought clarity on whether programmatic revenue is incremental or cannibalizing prior direct sales; management explained that while some is incremental, much is a reallocation of existing spend, but new partnerships and SMB adoption are net new. Laura Martin (Needham): Challenged the rationale for acquiring Frndly and asked about monetizing Roku's first-party data; executives emphasized the popularity of linear streaming and indicated that while direct data sales aren't planned, data enhances ad performance and is central to platform differentiation. Matt Thornton (FBN Securities): Asked about the inclusion of Frndly in guidance and the impact of tariffs on devices; management confirmed Frndly is included in full-year outlook and said their multi-country manufacturing strategy minimizes tariff risks and supports flexibility. In the quarters ahead, the StockStory team will closely monitor (1) the pace of programmatic ad adoption and its impact on overall advertising revenue, (2) the success of integrating and expanding subscription offerings, especially following the Frndly acquisition, and (3) management's ability to maintain profitability through supply chain shifts and tariff management. Additional attention will be paid to new Home Screen features and their effectiveness in driving user engagement and monetization. Roku currently trades at a forward EV/EBITDA ratio of 28.1×. In the wake of earnings, is it a buy or sell? See for yourself in our free research report. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today. 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
12-05-2025
- Business
- Yahoo
Roku Acquires Streaming Bundle Service Frndly TV For $185M
Roku is paying $185 million to acquire Frndly TV, a provider of low-cost TV bundles delivered via streaming. The all-cash deal includes $75 million in holdbacks tied to certain performance targets and milestones over the next two years. More from Deadline Lionsgate's 50 Cent Action Becomes No. 1 Action Channel On Roku & LG Channels Taiwanese Drama 'The World Between Us: After the Flames' Sets Premiere Date On Prime Video Joe Pyfer Doc 'Journey To The UFC' Finds U.S. Sparring Partner In Roku; Canal+ & AMC Networks Also Buy Big Media Title Roku announced the deal at the same time it reported first-quarter earnings, with revenue rising 16% to $1.02 billion. The deal, which is expected to close during the current April-to-June quarter, brings another scaled tech player into the world of internet-delivered pay-TV. The sector is currently dominated by YouTube TV, which has 8 million subscribers. Disney is also making moves in the space, having agreed to acquire Fubo earlier this year, giving it 6 million subscribers between Fubo and Hulu + Live TV. Denver-based Frndly operates at the lower end of the price spectrum, with plans offering dozens of general-entertainment channels for $7 to $13 a month. After launching in 2019, the company said it had reached 700,000 subscribers by 2022, with a lineup including A&E, Hallmark Channel, The History Channel and Lifetime, plus thousands of hours of on-demand content. In avoiding pricey sports programming, the service positioned itself similarly to Philo TV, which has cracked the 1 million subscriber mark after a longer run in the marketplace. 'Frndly TV's impressive growth and expertise in direct-to-consumer subscription services make it a compelling addition to Roku,' Roku founder and CEO Anthony Wood said. 'This acquisition supports our focus on growing platform revenue and Roku-billed subscriptions, with a live content offering our users love at an industry-leading price point.' Frndly TV's team, including co-founder and CEO Andy Karofsky, will stay on after the transaction closes. 'We're incredibly excited to join Roku and continue our mission to provide customers feel-good, quality entertainment as the most affordable live TV subscription streaming service in America,' Karofsky said. 'Roku's pioneering role in streaming and its longstanding commitment to customers aligns perfectly with our strategic vision. We believe this combination will help us accelerate subscription growth, given the alignment in core customer demographics and Roku's leadership position in the connected TV ecosystem.' Best of Deadline Brad Pitt's Apple 'F1' Movie: Everything We Know So Far Everything We Know About 'Nine Perfect Strangers' Season 2 So Far 2025-26 Awards Season Calendar: Dates For Tonys, Emmys, Oscars & More 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
Business Wire
02-05-2025
- Business
- Business Wire
Roku To Acquire Streaming Service Provider Frndly TV
SAN JOSE, Calif.--(BUSINESS WIRE)--Roku, Inc. (NASDAQ: ROKU), the #1 TV streaming platform in the U.S.*, announced today that it has entered into an agreement to acquire Frndly TV, a subscription streaming service that offers live TV, on-demand video, and cloud-based DVR for an affordable price. Based in Denver, CO, Frndly TV was founded in 2019. It offers subscribers access to more than 50 top-rated live TV channels, including A&E, Hallmark Channel, The History Channel, Lifetime, and more, as well as thousands of hours of on-demand content, starting at $6.99/mo. Subscribers also can record their favorite shows using Frndly TV's unlimited cloud-based DVR, as well as access any show or movie that has aired in the past 72 hours on live channels. 'Frndly TV's impressive growth and expertise in direct-to-consumer subscription services make it a compelling addition to Roku,' said Anthony Wood, Founder and CEO of Roku, Inc. 'This acquisition supports our focus on growing platform revenue and Roku-billed subscriptions, with a live content offering our users love at an industry-leading price point.' Frndly TV's team, including its experienced leaders, will stay on after the transaction closes. 'We're incredibly excited to join Roku and continue our mission to provide customers feel-good, quality entertainment as the most affordable live TV subscription streaming service in America,' said Andy Karofsky, Frndly TV CEO and Co-Founder. 'Roku's pioneering role in streaming and its longstanding commitment to customers aligns perfectly with our strategic vision. We believe this combination will help us accelerate subscription growth, given the alignment in core customer demographics and Roku's leadership position in the connected TV ecosystem.' In addition to Roku, Frndly TV will continue to be available on all platforms and devices where it's available today, including Amazon Fire TV, Android TV, Google TV, Apple TV, Samsung, Vizio, the web (and via Chromecast), and mobile (Android, iOS). The acquisition is expected to be completed in the second quarter, pending customary closing conditions. The total purchase price is $185 million in cash, which includes $75 million held back that is tied to meeting performance goals and milestones over the next two years. *By hours streamed (Hypothesis Group: Dec 2024) About Roku Roku pioneered streaming on TV. We connect users to the content they love, enable content publishers to build and monetize large audiences, and provide advertisers with unique capabilities to engage consumers. Roku TV™ models, Roku streaming players, and TV-related audio devices are available in various countries around the world through direct retail sales and/or licensing arrangements with TV OEM brands. Roku-branded TVs and Roku Smart Home products are sold exclusively in the United States. Roku also operates The Roku Channel, the home of free and premium entertainment with exclusive access to Roku Originals, and the #2 app on our platform in the U.S. by streaming hours. The Roku Channel is available in the United States, Canada, Mexico, and the United Kingdom. Roku is headquartered in San Jose, Calif., U.S.A. About Frndly TV Frndly TV is the most affordable live TV streaming service in America. Starting at only $6.99/mo., Frndly TV offers 50+ top-rated live TV channels including A+E®, Hallmark Channel, The History Channel™, MeTV, Lifetime®, Hallmark Mystery, Game Show Network, Great American Family, The Weather Channel and more. Customers can also access thousands of hours of on-demand content, at no extra cost. Frndly TV delivers feel-good programming at an affordable price. For more information, visit This press release contains 'forward-looking' statements that are based on our beliefs and assumptions and on information currently available to us on the date of this press release. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance, or achievements to be materially different from those expressed or implied by the forward-looking statements. These statements include but are not limited to those related to the benefits of Roku's announced acquisition of Frndly TV, including the ability to drive subscription growth; the timing of the acquisition; and the features, benefits, and availability of the Frndly TV service and the Roku platform. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future. Important factors that could cause our actual results to differ materially are detailed from time to time in the reports Roku, Inc. files with the Securities and Exchange Commission, including our Annual Report on Form 10-K and Quarterly reports on Form 10-Q. Copies of reports filed with the SEC are posted on Roku's website and are available from Roku without charge. Roku is a registered trademark, and Roku TV is a trademark of Roku, Inc. in the U.S. and in other countries.
