Editorial – Page 2 – ExecEdge

On Holding Net Sales Jump 28% in Second Quarter

On Holding Net Sales Jump 28% in Second Quarter

  By Daniella Parra On Holding AG (NYSE: ONON) said net sales soared 27.8% to CHF 567.7 million in the second quarter. Adjusted EBITDA margin increased to 16% from 14.1% and basic earnings per share increased to 0.10 from 0.01,...

Crown Laboratories, Revance Enter Merger Agreement

Crown Laboratories, Revance Enter Merger Agreement

By Karen Roman Private skincare company Crown Laboratories, Inc. and biotechnology company Revance Therapeutics, Inc. (NASDAQ: RVNC), made public their merger agreement to become a new combined company. Crown plans to acquire all outstanding shares of Revance’s common stock for...

ActivePure Technology Cuts Hospital Infections: Study

ActivePure Technology Cuts Hospital Infections: Study

By Daniella Parra ActivePure Medical said a study showed its air decontamination system significantly reduces healthcare-associated infections and was published in the American Journal of Infection Control. The study showed a 96-99% reduction in methicillin-resistant Staphylococcus aureus (MRSA) and a...

PotBelly Increases Average Weekly Sales By 0.6% in Q2

PotBelly Increases Average Weekly Sales By 0.6% in Q2

By Daniella Parra Potbelly Corp. (Nasdaq: PBPB) said its average weekly sales in the second quarter increased 0.6% to $26,110 and same-store sales in the second quarter increased 0.4%. Adjusted EBITDA increased 5.9% to $8.5 million, while total revenue decreased...

FIGS Net Revenue Jumps 4.4% in Q2, Exceeds Outlook

FIGS Net Revenue Jumps 4.4% in Q2, Exceeds Outlook

By Karen Roman Healthcare apparel brand FIGS, Inc. (NYSE: FIGS) said net revenue was $144.2 million for the second quarter, up 4.4% year over year. Gross margin was 67.4% in Q2 2024, down 2.1% from the same period the year...

Solo Brands Net Sales Climb 0.5% in Second Quarter

Solo Brands Net Sales Climb 0.5% in Second Quarter

By Daniella Parra Solo Brands, Inc. (NYSE: DTC) said it saw net sales of $131.6 million, up $0.6 million in the second quarter. The company said it had net loss per class A common stock – basic and diluted of...

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