logo
#

Latest news with #SouthernMarkets

Equitas SFB, Edelweiss Life Insurance form bancassurance partnership
Equitas SFB, Edelweiss Life Insurance form bancassurance partnership

Yahoo

time3 days ago

  • Business
  • Yahoo

Equitas SFB, Edelweiss Life Insurance form bancassurance partnership

India's Equitas Small Finance Bank (Equitas SFB) has entered into a new bancassurance partnership with local insurer Edelweiss Life Insurance. The collaboration will enable Equitas SFB's customers to access Edelweiss Life's range of life insurance solutions. Edelweiss Life Insurance chief distribution officer Anup Seth said: 'This partnership strengthens our presence in the southern markets, enabling us to reach more customers with solutions tailored to their dreams and aspirations. 'We are proud to collaborate with a like-minded institution that shares our deep commitment to customer centricity and advisory excellence – values that are at the heart of everything we do.' The partnership aligns with Equitas SFB's multi-product strategy focusing on providing integrated financial solutions. Through this agreement, Equitas SFB and Edelweiss Life Insurance aim to build a strong ecosystem for their customers. Equitas SFB senior president and country head Murali Vaidyanathan said: 'At Equitas, we are committed in building strong partnerships that complements the value we offer to our customers. 'Expanding our range of saving products, we are collaborating with third-party providers to offer insurance coverage to our customers through open market framework. 'Together with Edelweiss Life Insurance, we will provide services that encompass diverse plans ranging from protection, savings, endowment and ULIP [unit linked insurance plans]. We hope this tie-up will offer our customers access to a wide range of financial services that support the financial wellbeing.' "Equitas SFB, Edelweiss Life Insurance form bancassurance partnership" was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio

5 Revealing Analyst Questions From Tractor Supply's Q1 Earnings Call
5 Revealing Analyst Questions From Tractor Supply's Q1 Earnings Call

Yahoo

time21-06-2025

  • Business
  • Yahoo

5 Revealing Analyst Questions From Tractor Supply's Q1 Earnings Call

Tractor Supply's first quarter 2025 performance was shaped by delayed spring weather and persistent pressure in big-ticket seasonal categories. Management pointed to robust customer transactions and growth in consumable, usable, and edible categories, but noted that adverse weather conditions, especially in southern markets, held back overall sales. CEO Hal Lawton described the quarter as 'softer than expected,' citing the three-week delay in spring's arrival as a major headwind, with strong winter goods offset by weaker demand for spring merchandise. Is now the time to buy TSCO? Find out in our full research report (it's free). Revenue: $3.47 billion vs analyst estimates of $3.53 billion (2.1% year-on-year growth, 1.9% miss) EPS (GAAP): $0.34 vs analyst expectations of $0.37 (9.1% miss) Adjusted EBITDA: $369.2 million vs analyst estimates of $386.1 million (10.6% margin, 4.4% miss) EPS (GAAP) guidance for the full year is $2.00 at the midpoint, missing analyst estimates by 7.5% Operating Margin: 7.2%, in line with the same quarter last year Locations: 2,517 at quarter end, up from 2,435 in the same quarter last year Same-Store Sales were flat year on year (1.1% in the same quarter last year) Market Capitalization: $27.59 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. Peter Benedict (Baird) asked for clarification on the tariff assumptions embedded in near-term guidance. CEO Hal Lawton explained that Q2 guidance assumes current tariff rates remain in place and that the team is monitoring developments to adjust as needed. Bharat Rao (JPMorgan) inquired about expectations for big-ticket category improvement and the rationale behind the full-year sales range. Lawton noted that guidance assumes no significant rebound in big-ticket sales and that core needs-based categories are expected to sustain growth. Josh Young (Truist) questioned the scope and timing of vendor price increases and Tractor Supply's willingness to pass through costs. Lawton confirmed that the company has not yet taken price increases, citing ongoing uncertainty, but expects discussions to intensify in coming months. Michael Lasser (UBS) requested clarity on the relationship between tariff exposure and the company's sales and inflation assumptions in the second half. Lawton and CFO Kurt Barton explained that cost increases from tariffs incurred in Q2 will likely impact pricing and margins in the back half of the year. Steven Forbes (Guggenheim) asked about the integration and margin outlook for Tractor Supply Pet Rx. Chief Technology, Digital, and Strategy Officer Rob Mills reported strong early customer adoption and a focus on seamless digital and in-store integration, with further progress expected in coming quarters. In future quarters, the StockStory team will be watching (1) how effectively Tractor Supply manages tariff-related cost increases and potential pricing actions, (2) whether transaction growth and market share gains in needs-based categories continue to offset softness in discretionary big-ticket items, and (3) the pace of adoption and margin contribution from Tractor Supply Pet Rx and other new strategic initiatives. Execution on these priorities will be critical to navigating ongoing macroeconomic uncertainty. Tractor Supply currently trades at $52.48, up from $50.67 just before the earnings. In the wake of this quarter, is it a buy or sell? The answer lies in our full research report (it's free). Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 9 Market-Beating Stocks. 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 Exlservice (+354% five-year return). Find your next big winner with StockStory today.

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