By Daniella Parra Recordati said its net revenue reached 1.743 billion euros for the first nine months of 2024, up 12% year-over-year. EBITDA was 665.7 million euros, up 11.8%, with a revenue margin of 38.2%, the company said. Adjusted net...

By Daniella Parra The ONE Group Hospitality, Inc. (Nasdaq: STKS) said total GAAP revenues increased 152.3% from a year earlier to $194 million in the third quarter. The company said comparable sales decreased 8.8% and with an operating loss of...

By Karen Roman Potbelly Corp. (Nasdaq: PBPB) said net income increased 150% in the third quarter and adjusted EBITDA rose 19%, surpassing analysts’ expectations. Adjusted earnings per share was $0.08, up 100% compared to the year prior, while total revenue...

By Karen Roman Healthcare apparel brand FIGS, Inc. (NYSE: FIGS) said it expects flat net revenue growth and an adjusted EBITDA margin around 8% for fiscal year 2024. Net revenue was $140.2 million in the third quarter, down 1.5%, while...

By Karen Roman Fashion brand accelerator a.k.a. Brands Holding Corp. (NYSE: AKA) said net sales rose 6.4% to $149.9 million in the third quarter, with U.S. net sales increasing 19.5%. Adjusted EBITDA was $8.2 million compared to $4.7 million in the...

By Karen Roman Radella Pharmaceuticals, LLC. announced the successful trial results of MD-18, its leading program to treat obesity and diabetes. The company will start the next phase applying multiple doses of MD-18 before the end of the year, it...

By Karen Roman Planet Fitness, Inc. (NYSE:PLNT) said revenue grew 5.3% to $292.2 million in the third quarter and adjusted EBITDA increased 10% to $123.1 million. Net income was $42 million or $0.50 per share, compared to $39.1 million or...

By Karen Roman Solo Brands, Inc. (NYSE: DTC) said it is maintaining its full year outlook with total revenue between $470 million to $490 million and an adjusted EBITDA margin from 9% to 10%. Net sales were $94.1 million decreasing...

By Karen Roman Chicago-style chain Portillo’s Inc. (Nasdaq: PTLO) said total revenue rose 6.9% to $178.3 million for the third quarter, while net income increased $2.2 million to $8.8 million. Earnings per share were $0.11, increasing 83.33% from the prior-year...

By Karen Roman Shake Shack Inc. (NYSE: SHAK) shares rose 7.79% at the closing after the company declared revenue grew 14.7% for the third quarter and same-store sales increased 4.4%, beating analysts’ expectations. This is the 15th consecutive quarter of...