Latest news with #ShareRepurchase
Yahoo
18 hours ago
- Business
- Yahoo
LogProstyle Inc. Announces Approval of Share Repurchase Program by the Board of Directors
Share Repurchase Authorization of USD $543 Thousand TOKYO, July 07, 2025--(BUSINESS WIRE)--LogProstyle Inc. (NYSE American: LGPS) (the "Company" or "LogProstyle"), headquartered in Minato-ku, Tokyo, Japan, announced today that the Board of Directors approved the proposed Share Repurchase Program (the "Repurchase Program"), in the maximum amount and class of shares to be acquired of up to 1,086,910 common shares. The maximum aggregate purchase price of the shares within the Repurchase Program is USD $543,455, to be executed between July 1, 2025 and June 30, 2026 through open market acquisition of shares on the NYSE American. The approval of the Repurchase Program reflects the Company's commitment to disciplined capital allocation and priority of returning value to shareholders. Forward-Looking Statements Disclaimer: This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and assumptions and involve risks and uncertainties that could cause actual results or outcomes to differ materially from those expressed or implied in the forward-looking statements. These risks and uncertainties include, but are not limited to, general economic conditions, changes in market conditions, the Company's ability to execute its strategic initiatives, and other factors described in the Company's filings with the U.S. Securities and Exchange Commission, including the risks detailed in the Company's annual report on Form 20-F filed with the SEC on July 7, 2025. Forward-looking statements speak only as of the date they are made and the Company undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances after the date of this press release, except as required by applicable law. Any references to our website have been provided as a convenience, and the information contained on such website is not incorporated by reference into this press release. About LogProstyle Inc. LogProstyle Inc. is involved in a wide range of businesses, including real estate development, hotel management, and restaurant management. With the slogan "redefine life style," the Company is working on various projects with the aim of illustrating an innovative and sustainable lifestyle. LogProstyle is the first unlisted Japanese company to list its Japanese common shares directly on a major United States stock exchange rather than through American Depositary Receipts (ADRs). View source version on Contacts LogProstyle Inc., Investor Relations, ir@ Hayden IR, Corbin Woodhull, corbin@ 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
Globe and Mail
5 days ago
- Business
- Globe and Mail
Adobe's Record Q2 Cash Flow Sets the Path: A Key to Future Momentum?
Adobe ADBE reported second-quarter fiscal 2025 operating cash flow of $2.19 billion, up 13% year over year. Despite a sequential decline of 15% Adobe's bright prospects, driven by an expanding AI portfolio, are noteworthy. Several factors are driving Adobe's cash flow growth. Its core Digital Media segment, led by Creative Cloud and Document Cloud, continues to deliver strong recurring revenues. Subscription models provide consistent income, while growing adoption of AI-driven features, such as Firefly, Acrobat AI Assistant and Express, expands customer engagement and product stickiness. Adobe benefits from a rising Remaining Performance Obligations of $19.69 billion, with 67% expected to be recognized within a year, offering visibility into future cash inflows. The question now is whether Adobe can maintain this momentum. With $5.71 billion in cash and short-term investments as of May 30, 2025, Adobe is well-positioned to continue investing in product innovation, AI integration and strategic acquisitions. Strong cash reserves also give Adobe flexibility to navigate economic headwinds while continuing share repurchases, evidenced by the 8.6 million shares repurchased in the second quarter alone, and currently have $10.90 billion remaining as part of its $25 billion authorization. For investors, these indicators reinforce confidence in Adobe's ability to deliver long-term value. As the company evolves from a creative software leader to a broader digital experience and AI powerhouse, its financial strength is laying the foundation for enduring momentum. Microsoft & Salesforce Challenge Adobe's Market Hold Microsoft MSFT competes with Adobe through its robust cloud and productivity suites, particularly Azure and Microsoft 365 Copilot, which are integrated with creative tools and workflow automation. Unlike Adobe's specialized product lineup, Microsoft's scale across cloud and AI ecosystems offers seamless cross-platform selling opportunities. In third-quarter fiscal 2025, Microsoft generated roughly $37 billion, up 16% year over year, driven by strong cloud billings and collections. Salesforce CRM directly challenges Adobe in the digital marketing and experience space with Salesforce Marketing Cloud, Service Cloud and Gen AI-powered customer tools. While Adobe excels in creative workflows, Salesforce leads in CRM-based automation and enterprise reach. In first-quarter fiscal 2026, Salesforce reported $6.5 billion in operating cash flow, up 4% year over year, underscoring the company's strength in monetizing its platform and expanding its digital experience footprint. Adobe's Share Price Performance, Valuation & Estimates Adobe shares have declined 14.9% year to date, while the broader Zacks Computer and Technology sector has returned 5.7% and the Computer-Software industry has risen 14.6%. ADBE YTD Price Return Performance Adobe stock is trading at a premium, with a forward 12-month Price/Sales of 6.7X compared with the Computer and Technology sector's 6.51X. Adobe has a Value Score of C. ADBE Forward 12-Month P/S Ratio Image Source: Zacks Investment Research The Zacks Consensus Estimate for ADBE's earnings is pegged at $20.61 per share for fiscal 2025 and $23.24 for fiscal 2026, indicating year-over-year growth of 11.89% and 12.76%, respectively. The consensus mark for earnings estimates for fiscal 2025 and 2026 has been revised upward by 1.2% and 1.5%, respectively, over the past 30 days. Adobe currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> 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 Salesforce Inc. (CRM): Free Stock Analysis Report Adobe Inc. (ADBE): Free Stock Analysis Report
Yahoo
10-06-2025
- Business
- Yahoo
Motorcar Parts of America Inc (MPAA) Q4 2025 Earnings Call Highlights: Record Sales and ...
Net Sales: Increased 5.5% to a record $757.4 million for fiscal 2025. Gross Profit: Increased 16.1% to a record $153.8 million for fiscal 2025. Cash from Operating Activities: Generated $45.5 million in fiscal 2025. Net Bank Debt: Reduced by $32.6 million to $81.4 million. Share Repurchase: Repurchased 542,134 shares for $4.8 million. Fourth Quarter Net Sales: Increased 1.9% to $193.1 million. Fourth Quarter Gross Profit: Increased 10.6% to $38.5 million. Fourth Quarter Gross Margin: 19.9%, up from 18.4% a year earlier. Operating Expenses: $22.2 million, compared to $22.6 million last year. Interest Expense: Decreased by $2.1 million to $12.5 million. Net Loss for Fourth Quarter: $722,000 or $0.04 per share. EBITDA for Fourth Quarter: $16.3 million, with adjustments leading to $24.6 million. Fiscal 2025 Net Loss: $19.5 million or $0.99 per share. Fiscal 2025 EBITDA: $50.3 million, adjusted to $92.8 million. Fiscal 2026 Outlook: Net sales expected between $780 million and $800 million; Operating income expected between $86 million and $91 million. Warning! GuruFocus has detected 8 Warning Signs with MPAA. Release Date: June 09, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Net sales increased by 5.5% to a record $757 million, demonstrating strong revenue growth. Gross profit rose by 16.1% to a record $154 million, indicating improved profitability. The company generated solid cash flow from operating activities amounting to $45.5 million. Net bank debt was reduced by $32.6 million, reflecting effective debt management. The company repurchased 542,134 shares, enhancing shareholder value through buybacks. The company faced a net loss of $722,000 for the fiscal fourth quarter, impacted by tariff costs. Non-cash expenses, including foreign exchange losses, negatively affected financial results. Tariffs continue to cause uncertainty, impacting cash flow and financial planning. Gross margin was impacted by non-cash expenses and one-time cash expenses related to tariffs. The effective tax rate was affected by the inability to recognize the benefit of losses in certain jurisdictions. Q: Selwyn, you mentioned tariffs increasing strategic competitive advantage. Can you expand on how tariffs might help with market share? A: Selwyn Joffe, CEO: We've adjusted our footprint to be less dependent on China, with less than 25% of our products imported from there. We ship directly from our factories, paying tariffs only when products are sold, which is cash neutral once price increases are in place. Competitors holding inventory in the U.S. will face greater cash alignment challenges. Q: How will customer pricing impact gross margin, especially with tariffs? A: David Lee, CFO: Tariffs might slightly negatively impact gross margin, but our initiatives to expand margins should offset this. Fiscal '25 adjusted gross margin was around 22.5%, and we aim to grow from that in fiscal '26. Q: Is the tariff impact seen this quarter a good representation of future expectations? A: Selwyn Joffe, CEO: The timing impact of tariffs is unpredictable, but we expect it to diminish soon as price increases take effect. Exact guidance on tariffs is uncertain at this time. Q: Have the price increases you mentioned already been enacted? A: Selwyn Joffe, CEO: Yes, almost 100% of our price increases have been accepted. Q: Can you elaborate on the catalysts behind expected margin expansion in the next fiscal year? A: David Lee, CFO: We're focused on lowering cost per unit and increasing sales per unit. Our momentum is strong, with natural overhead absorption and several operating initiatives driving efficiency. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
17-05-2025
- Business
- Yahoo
SWK Holdings Corp (SWKH) Q1 2025 Earnings Call Highlights: Strong Financial Performance and ...
Finance Segment Adjusted Non-GAAP Net Income: $8.6 million for Q1 2025; trailing 12-month total of $26 million. New Financing: $15 million to an innovative life science company. Non-GAAP Tangible Financing Book Value Per Share: Grew to $21.73, achieving 10% year-over-year growth. Total Tangible Book Value Per Share: $22.11, pro forma for the May 2025 $4 per share special dividend. Share Repurchase: $1.1 million worth of shares repurchased year-to-date. Gross Finance Receivables Portfolio: $220 million of performing first lien loans and $13 million in non-accruals. Net Financial Receivables: $224 million, pro forma for the sale of the royalty portfolio. Gross Cash: Approximately $22 million as of March 30, 2025. Effective ARM Model Yield: 14.5%, with expected $32 million of annual interest income. Mod 3 CDMO Division Revenue: $1 billion for Q1 2025. Mod 3 CDMO Division Loss: $50,000 for Q1 2025. GAAP Pre-Tax Net Income: $5.8 million or $0.48 per diluted share for Q1 2025. Net Income: $4.5 million after income tax expense of $1.3 million for Q1 2025. GAAP Book Value Per Share: $23.94 as of March 31, 2025, a 6.8% increase from March 31, 2024. Overall Operating Expenses: $3.7 million for Q1 2025, compared to $10.3 million in Q1 2024. Finance Receivable Segment Operating Expenses: $2.2 million for Q1 2025, compared to $8.6 million in Q1 2024. Provision for Credit Losses: Gain of $1.5 million for Q1 2025. Share Repurchase Program: Approximately 52,000 shares repurchased at a total cost of $900,000 during the quarter. Warning! GuruFocus has detected 5 Warning Signs with SWKH. Release Date: May 16, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. SWK Holdings Corp (NASDAQ:SWKH) reported strong financial segment profitability for the first quarter of 2025. The company successfully monetized the majority of its royalty portfolio. SWK Holdings Corp (NASDAQ:SWKH) achieved a 10% year-over-year growth in Non-GAAP tangible financing book value per share. The company initiated a new $15 million financing to an innovative life science company. SWK Holdings Corp (NASDAQ:SWKH) repurchased $1.1 million of its shares, indicating confidence in its stock value. The finance receivable segment revenue decreased by $300,000 year-over-year due to partial paydowns and payoffs. The company has $13 million in non-accruals within its gross finance receivables portfolio. SWK Holdings Corp (NASDAQ:SWKH) reported a loss of $50,000 in its Mod 3 CDMO division for the first quarter. The market for high-quality borrowers remains competitive, posing challenges for maintaining a high-quality portfolio. The company faces ongoing risks from healthcare and general economic regulatory changes, although they are not currently seen as outsized risks. Q: Can you clarify the nature of the two loans that scored a number two on your credit rating? Are these loans or royalties? A: Those are both loans. We have three non-accruals that are post-reorganization royalties, where we are largely passive check collectors. The two loans are first lien term loans with full lien covenants. Q: Are you seeing increased competition in your lending space, particularly with private credit firms? A: Yes, the $10 to $25 million space remains competitive. We need to be proactive and creative with our proposals to maintain our position. We focus on loans that fit our underwriting criteria, even if they aren't immediately obvious opportunities. Q: How do you account for potential assets like warrants or CVR rights in your financials? A: We carry these at zero on our books, as their value is uncertain until realized. Some may not be worth anything, but others could be valuable. We also have some IP at Mod 3 that could potentially be monetized. Q: What is the best use of capital for SWK Holdings at this point? A: Buying back stock is a great use of capital, given our portfolio's value. We also consider special dividends and selective additional loans to maintain a stable and modestly growing portfolio. Q: How does the current pipeline of potential loans compare to previous quarters? A: The pipeline is roughly the same as the past year, with some modestly worse opportunities sequentially. While there was a brief period of increased interest, the market has stabilized, and smaller companies still face challenges in accessing capital. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Business Wire
15-05-2025
- Business
- Business Wire
Savers Value Village, Inc. Announces Pricing of Secondary Public Offering of Common Stock and Concurrent Share Repurchase
BELLEVUE, Wash.--(BUSINESS WIRE)--Savers Value Village, Inc. (the 'Company') (NYSE: SVV), the largest for-profit thrift operator in the United States ('U.S.') and Canada for value priced pre-owned clothing, accessories and household goods, today announced the pricing of the previously announced public offering (the 'Offering') of 15,000,000 shares of common stock, par value $0.000001, of the Company (the 'Common Stock') offered by certain Ares Management Private Equity and Opportunistic Credit funds and accounts (the 'Ares Selling Stockholders') and the chief executive officer of the Company (the 'Management Selling Stockholder' and, together with the Ares Selling Stockholders, the 'Selling Stockholders') at a price to the public of $9.25 per share. As part of the Offering, the underwriters will have a 30-day option to purchase up to an additional 2,250,000 shares of Common Stock from the Ares Selling Stockholders. The Offering is expected to close, subject to customary closing conditions, on May 16, 2025. In addition, the Company will purchase from the underwriters $20.0 million of the shares of Common Stock as part of the Offering, at a price per share equal to the price per share to be paid by the underwriters to the Selling Stockholders (the 'Concurrent Share Repurchase'). The Company intends to fund the Concurrent Share Repurchase from its existing cash on hand and it is not part of its existing share repurchase program authorized on November 9, 2023. The underwriters will not receive any compensation for the shares being repurchased by the Company. The Selling Stockholders are offering all of the shares of Common Stock being sold in the Offering, including any shares that may be sold in connection with the exercise of the underwriters' option to purchase additional shares, and will receive all of the net proceeds from the sales of shares of Common Stock being sold in the Offering. The Company is not selling any shares of its Common Stock in the Offering and will not receive any proceeds from the sale of the shares by the Selling Stockholders. J.P. Morgan, Jefferies, Goldman Sachs & Co. LLC and UBS Investment Bank are acting as the joint lead book-running managers and as representatives of the underwriters for the Offering. Baird, Piper Sandler and William Blair are also acting as book-running managers. KKR Capital Markets LLC and Loop Capital Markets are acting as co-managers for the Offering. The offering of these securities is being made only by means of a preliminary prospectus supplement, copies of which may be obtained by contacting J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (866) 803-9204 or by email at prospectuseq_fi@ Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, NY 10022, by telephone at (877) 821-7388 or by email at Prospectus_Department@ Goldman Sachs & Co. LLC, Prospectus Department, 200 West Street, New York, NY 10282, by telephone at (866) 471-2526, facsimile at (212) 902-9316 or by email at Prospectus-ny@ or UBS Securities LLC, Attention: Prospectus Department, 1285 Avenue of the Americas, New York, NY 10019 or by email at ol-prospectus-request@ A registration statement on Form S-3 relating to the Offering was declared effective by the Securities and Exchange Commission (the 'Commission') on May 14, 2025. A preliminary prospectus supplement relating to the Offering has also been filed with the Commission. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended. About the Savers® Value Village® family of thrift stores As the largest for-profit thrift operator in the U.S. and Canada for value priced pre-owned clothing, accessories and household goods, our mission is to champion reuse and inspire a future where secondhand is second nature. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as 'could,' 'may,' 'might,' 'will,' 'likely,' 'anticipates,' 'intends,' 'plans,' 'seeks,' 'believes,' 'estimates,' 'expects,' 'continues,' 'projects' or the negative of these terms or other comparable terminology. In particular, statements about future events and similar references to future periods, or by the inclusion of forecasts or projections, the outlook for the Company's future business, prospects, financial performance, including its fiscal 2025 outlook or financial guidance, and industry outlook are forward-looking statements. Forward-looking statements are based on the Company's current expectations and assumptions regarding its business, the economy and other future conditions. Because forward-looking statements relate to the future, by their nature, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, the Company's actual results may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to: the impact on both the supply and demand for the Company's products caused by general economic conditions, such as the macroeconomic pressures in Canada and/or the U.S., and changes in consumer confidence and spending; the Company's ability to anticipate consumer demand and to source and process a sufficient quantity of quality secondhand items at attractive prices on a recurring basis; risks related to attracting new, and retaining existing customers, including by increasing acceptance of secondhand items among new and growing customer demographics; risks associated with its status as a 'brick and mortar' only retailer and its lack of operations in the growing online retail marketplace; its failure to open new profitable stores, or successfully enter new markets on a timely basis or at all; the risks associated with conducting business internationally, including challenges related to serving customers that are international manufacturers and suppliers, such as transportation and shipping challenges, regulatory risks in foreign jurisdictions (particularly in Canada, where the Company maintains extensive operations) and exchange rate risks, which the Company may not choose to fully hedge; the loss of, or disruption or interruption in the operations of, its centralized processing centers and other offsite processing locations; risks associated with litigation, the expense of defense, and the potential for adverse outcomes; its failure to properly hire and to retain key personnel and other qualified personnel or to manage labor costs; risks associated with the timely and effective deployment, protection, and defense of computer networks and other electronic systems, including e-mail; changes in government regulations, procedures and requirements; its ability to maintain an effective system of internal controls and produce timely and accurate financial statements or comply with applicable regulations; risks associated with heightened geopolitical instability due to the conflicts in the Middle East and Eastern Europe; outbreak of viruses or widespread illness, such as the COVID-19 pandemic, natural disasters or other highly disruptive events and regulatory responses thereto; and each of the other factors set forth under the heading 'Risk Factors' in its filings with the United States Securities and Exchange Commission. Any forward-looking statement made by us in this press release speaks only as of the date on which it is made. Factors or events that could cause the Company's actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. The Company is not under any obligation (and specifically disclaims any such obligation) to update or alter these forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
