Editorial – Page 36 – ExecEdge

Movado Group Maintains Guidance for FY2025

Movado Group Maintains Guidance for FY2025

By Karen Roman Movado Group, Inc. (NYSE: MOV) maintained guidance for fiscal 2025 with net sales between $700 million and $710 million, gross profit margin around 55% and operating income between $32 million to $35 million. Net sales decreased 5.7%...

Waldencast Net Revenue Climbs 21% in First Quarter

Waldencast Net Revenue Climbs 21% in First Quarter

By Karen Roman Waldencast plc (Nasdaq: WALD), a multi-brand beauty and wellness company, said comparable net revenue increased 21% year over year to $68.3 million in the first quarter. Adjusted gross profit grew 32.9% reaching $52.1 million in the quarter...

Creyon Bio Using AI to Treat Rare Neurological Diseases

Creyon Bio Using AI to Treat Rare Neurological Diseases

By Daniella Parra Creyon Bio, Inc. said it is using AI to engineer treatments for rare and common diseases. The platform’s ability to predict and mitigate safety concerns signifies a promising advancement as they customized a treatment within a year,...

On Holding Sees First Quarter Sales Record on Global Demand

On Holding Sees First Quarter Sales Record on Global Demand

By Karen Roman Swiss-based On Holding AG (NYSE: ONON) said it had record net sales exceeding CHF 500 million ($551 million) in the first quarter on demand across all product categories. On’s direct-to-consumer net sales rose 39% to CHF 190.5...

Lisata Therapeutics Net Loss Declines From a Year Earlier

Lisata Therapeutics Net Loss Declines From a Year Earlier

By Daniella Parra Lisata Therapeutics, Inc. (Nasdaq: LSTA), a clinical-stage pharmaceutical company, said its net loss was $5.4 million for the three months ended March 31, compared to $6.2 million in 2023. The company said an experimental drug to improve...

Solo Brands Wholesale Revenue Increased 2.5% in Q1

Solo Brands Wholesale Revenue Increased 2.5% in Q1

By Daniella Parra Solo Brands, Inc. (NYSE: DTC) said net sales reached $85.3 million in the first quarter driven by strong performance in its wholesale channel. Wholesale revenue increased 2.5% to $34.3 million in the quarter, compared to $33.5 million,...

Potbelly First Quarter Sales Grow 1.9% with Digital Business Increase

Potbelly First Quarter Sales Grow 1.9% with Digital Business Increase

By Daniella Parra Potbelly Corp. (Nasdaq: PBPB), the neighborhood sandwich shop concept, said first quarter system-wide sales grew 1.9% and its digital business increased year-over-year, representing 40% of total sales. Total revenue decreased by 6% but adjusted EBITDA increased 2.2%...

Input your search keywords and press Enter.