Category: Consumer

Release – 1-800-FLOWERS.COM, Inc. Reports Fiscal 2027 First Quarter Results

Posted on by [email protected]
1-800-FLOWERS.COM, Inc. – link to home page

Research News and Market Data on FLWS

Nov 05, 2026

Reports Revenue of $171.4 million, a Net Loss from Continuing Operations of $50.6 million, and an Adjusted EBITDA1 Loss from Continuing Operations of $31.9 million

Updates Fiscal 2027 Outlook to Reflect the Impact of the Previously Announced Sale of PersonalizationMall.com and Things Remembered

JERICHO, N.Y.–(BUSINESS WIRE)– 1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS), a leading gifting company focused on inspiring customers to give more, connect more, and build more meaningful relationships, today reported results for its Fiscal 2027 first quarter ended September 27, 2026.

“We entered fiscal 2027 with a clear priority on strengthening our primary websites, 1-800-Flowers.com and Harry & David, which represent the greatest opportunity to improve our overall performance,” said Adolfo Villagomez, Chief Executive Officer. “During the fiscal first quarter, we began to see signs of progress across our primary websites, with improving net order demand trends and a moderation in the pace of year-over-year declines. While we are still in the early stages of our transformation, these developments are encouraging and suggest that our initiatives are beginning to take hold.”

“We are also making progress in simplifying our business and strengthening our financial position,” said James Langrock, Chief Financial Officer. “Following our announcement last quarter that we were evaluating capital-raising options, we completed the sale of PersonalizationMall.com and Things Remembered during the fiscal second quarter and entered into an agreement to sell our Jacksonville, FL facility. These actions reflect our continued focus on optimizing our capital structure, reducing debt and providing capital to invest in initiatives that improve performance. Additionally, we updated our segment reporting structure to better reflect how we now operate and manage the business, while providing investors with greater visibility into our performance.”

Beginning with the first quarter of fiscal 2027, the Company has revised its reportable segment structure to better reflect how the business is organized, managed and evaluated today. Under the new structure, the Company will report results across E-Commerce, Wholesale and Other, and BloomNet, replacing its previous Consumer Floral & Gifts, Gourmet Foods & Gift Baskets and BloomNet segments.

The E-Commerce segment includes sales made directly to customers through the Company’s owned websites, third-party marketplaces, and its business-to-business (B2B) operations. The Wholesale and Other segment primarily includes sales of products to retailers and other distribution partners. The BloomNet segment primarily includes sales of products and services to florists in its member network.

This change reflects the evolution of the Company’s operating model over the past year, including a greater focus on managing the business across channels and functions rather than primarily by individual brands and product categories. The new structure is intended to provide greater alignment between the Company’s financial reporting and how management evaluates performance, allocates resources and identifies opportunities for profitable growth.

Additionally, beginning this quarter, the Company will provide a breakdown of net order demand trends between its primary websites, which include 1-800-Flowers.com and Harry & David, and the Company’s other websites. These trends reflect orders placed directly through the Company’s owned websites and mobile apps by both individual and business customers. Orders placed through third-party marketplaces or through the Company’s B2B sales representatives are excluded. This additional disclosure is intended to provide investors with greater visibility into the performance of the Company’s primary websites and the progress of its initiatives to strengthen these businesses.

Fiscal 2027 First Quarter Performance

  • Total consolidated revenues decreased 11.1% to $171.4 million, compared with the prior year period. E-Commerce segment revenues declined 12.3% to $128.4 million, compared with the prior-year period, reflecting continued weakness across the Company’s other websites and business-to-business (B2B) operations, partially offset by improving demand trends across its primary websites, where the Company has concentrated its resources and investments. Wholesale and Other segment revenues decreased 10.7% to $20.5 million, while BloomNet segment revenues decreased 3.6% to $22.3 million, both compared with the prior year period.
  • Gross profit margin decreased 120 basis points to 34.1%, compared with 35.3% in the prior year period, reflecting lower sales volume, higher fuel surcharges, and promotional strategy testing, partially offset by savings from the Company’s cost efficiency initiatives.
  • Operating expenses decreased $10.3 million year-over-year to $105.0 million. Excluding non-recurring charges and the impact of the Company’s non-qualified deferred compensation plan in both periods, operating expenses decreased $10.6 million as compared with the prior year to $102.3 million, primarily due to lower marketing and labor costs.
  • Net loss from continuing operations for the quarter was $(50.6) million, or $(0.79) per diluted share, as compared to a net loss from continuing operations of $(49.0) million, or $(0.77) per share, in the prior year period.
  • Adjusted net loss1 from continuing operations was $(49.8) million, or $(0.78) per diluted share, compared with an Adjusted net loss1 from continuing operations of $(49.0) million, or $(0.77) per share, in the prior year period.
  • Adjusted EBITDA1 loss from continuing operations for the quarter was $(31.9) million, compared with an Adjusted EBITDA1 loss from continuing operations of $(31.7) million in the prior year period.
(1)Refer to “Definitions of Non-GAAP Financial Measures” and the tables attached at the end of this press release for reconciliation of non-GAAP results to applicable GAAP results.

Jacksonville, FL Facility Sale

As part of its ongoing efforts to optimize its capital structure and enhance financial flexibility, the Company has entered into an agreement to sell its Jacksonville, FL facility for approximately $10 million, subject to due diligence and customary closing conditions. Proceeds from the transaction are expected to support debt reduction and strategic investments in the business.

Fiscal Year 2027 Outlook

Following the recently announced divestiture of PersonalizationMall.com and Things Remembered, the Company is updating its fiscal 2027 outlook to reflect the expected impact of the transaction.

The updated outlook reflects the expected impact of the divestiture, including the removal of the divested businesses from the Company’s results following the closing of the transaction, as well as the planned reinvestment of a portion of the proceeds in revenue-generating initiatives across its primary websites.

For fiscal 2027, the Company now expects total revenues to decline between 2% to 5% and Adjusted EBITDA of approximately $10 million to $15 million.

Conference Call

The Company will conduct a conference call to discuss its financial results today, November 5, 2026, at 8:00 a.m. (ET). The conference call will be webcast from the Investors section of the Company’s website at www.1800flowersinc.com. A recording of the call will be posted on the Investors section of the Company’s website within two hours of the call’s completion.

Definitions of non-GAAP Financial Measures:

We sometimes use financial measures that are not presented in our financial statements prepared in accordance with U.S. generally accepted accounting principles (“GAAP”). These measures are considered non-GAAP financial measures under the rules of the U.S. Securities and Exchange Commission. Non-GAAP financial measures referred to in this document are either labeled as “non-GAAP,” “adjusted” or designated as such with a “1”. See below for definitions and the reasons why we use these non-GAAP financial measures. See the Selected Financial Information below for reconciliations of these non-GAAP measures to their most directly comparable GAAP financial measures. Reconciliations for forward-looking figures would require unreasonable efforts at this time because of the uncertainty and variability of the nature and amount of certain components of various necessary GAAP components, including, for example, those related to compensation, tax items, amortization or others that may arise during the year, and the Company’s management believes such reconciliations would imply a degree of precision that would be confusing or misleading to investors. For the same reasons, the Company is unable to address the probable significance of the unavailable information. The lack of such reconciling information should be considered when assessing the impact of such disclosures.

We define our non-GAAP financial measures as follows:

EBITDA and Adjusted EBITDA: We define EBITDA as net income (loss) from continuing operations before interest, taxes, depreciation, and amortization. Adjusted EBITDA is defined as EBITDA adjusted for the impact of stock-based compensation, Non-Qualified Deferred Compensation Plan (“NQDC”) investment appreciation/depreciation, and for certain items affecting period-to-period comparability. See Selected Financial Information for details on how EBITDA and Adjusted EBITDA were calculated for each period presented. The Company presents EBITDA and Adjusted EBITDA because it considers such information meaningful supplemental measures of its performance and believes such information is frequently used by the investment community in the evaluation of similarly situated companies. The Company uses EBITDA and Adjusted EBITDA as factors to determine the total amount of incentive compensation available to be awarded to executive officers and other employees. The Company’s credit agreement uses EBITDA and Adjusted EBITDA-related items to determine its interest rate and to measure compliance with certain covenants. EBITDA and Adjusted EBITDA are also used by the Company to evaluate and price potential acquisition candidates. EBITDA and Adjusted EBITDA have limitations as analytical tools and should not be considered in isolation or as a substitute for analysis of the Company’s results as reported under GAAP. Some of the limitations are: (a) EBITDA and Adjusted EBITDA do not reflect changes in, or cash requirements for, the Company’s working capital needs; (b) EBITDA and Adjusted EBITDA do not reflect the interest expense, or the cash requirements necessary to service interest or principal payments, on the Company’s debts; and (c) although depreciation and amortization are non-cash charges, the assets being depreciated and amortized may have to be replaced in the future and EBITDA does not reflect any cash requirements for such capital expenditures. EBITDA and Adjusted EBITDA should only be used on a supplemental basis combined with GAAP results when evaluating the Company’s performance.

Adjusted Net Income (Loss) and Adjusted or Comparable Net Income (Loss) Per Common Share: We define Adjusted Net Income (Loss) and Adjusted or Comparable Net Income (Loss) Per Common Share as Net Income (Loss) from continuing operations and Net Income (Loss) Per Common Share from continuing operations adjusted for certain items affecting period-to-period comparability. See Selected Financial Information below for details on how Adjusted Net Income (Loss) Per Common Share and Adjusted or Comparable Net Income (Loss) Per Common Share were calculated for each period presented. We believe that Adjusted Net Income (Loss) and Adjusted or Comparable Net Income (Loss) Per Common Share are meaningful measures because they increase the comparability of period-to-period results. Since these are not measures of performance calculated in accordance with GAAP, they should not be considered in isolation of, or as a substitute for, GAAP Net Income (Loss) and Net Income (Loss) Per Common Share, as indicators of operating performance and they may not be comparable to similarly titled measures employed by other companies.

Free Cash Flow: We define Free Cash Flow as net cash provided by (used in) operating activities from continuing operations less capital expenditures. The Company considers Free Cash Flow to be a liquidity measure that provides useful information to management and investors about the amount of cash generated by the business after the purchases of fixed assets, which can then be used to, among other things, invest in the Company’s business, make strategic acquisitions, strengthen the balance sheet, and repurchase stock or retire debt. Free Cash Flow is a liquidity measure that is frequently used by the investment community in the evaluation of similarly situated companies. Since Free Cash Flow is not a measure of performance calculated in accordance with GAAP, it should not be considered in isolation or as a substitute for analysis of the Company’s results as reported under GAAP. A limitation of the utility of Free Cash Flow as a measure of financial performance is that it does not represent the total increase or decrease in the Company’s cash balance for the period.

Segment Profitability Measure:

Segment Contribution Margin: We define Segment Contribution Margin as segment revenues less cost of sales, credit card fees, and direct advertising costs directly attributable to the respective segments. Segment Contribution Margin is the measure of segment profit or loss regularly reviewed by the Company’s Chief Operating Decision Maker to evaluate segment performance and allocate resources and is reported in accordance with ASC 280, Segment Reporting. The Company believes Segment Contribution Margin provides useful information to investors in evaluating the performance of its reportable segments. Segment Contribution Margin excludes certain expenses that are managed centrally and are not allocated to the Company’s reportable segments. Accordingly, Segment Contribution Margin should be considered in conjunction with the Company’s consolidated results reported in accordance with GAAP.

Key Operating Metrics:

The Company uses certain operating metrics to evaluate its business performance and assess underlying trends. These metrics are supplemental to the Company’s financial results reported in accordance with GAAP.

Net Order Demand: We define Net Order Demand as the value of customer orders placed through the Company’s owned websites and apps by both individual and business customers during the period, regardless of when the related orders are fulfilled and revenue is recognized. It excludes third-party marketplace orders and B2B orders placed through our sales representatives. The Company’s primary websites include 1-800-Flowers.com and Harry & David, while the Company’s other websites include the remaining websites in the Company’s portfolio. The Company considers Net Order Demand to be an operating metric that provides useful information to management and investors in evaluating underlying customer demand, business performance and trends in customer purchasing activity. Net Order Demand differs from Net Sales reported in accordance with GAAP, primarily due to differences in the timing of order placement, fulfillment and revenue recognition. Accordingly, Net Order Demand should not be considered in isolation or as a substitute for the Company’s reported Net Sales.

About 1-800-FLOWERS.COM, Inc.

1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) is a leading gifting company focused on inspiring customers to give more, connect more, and build more meaningful relationships. The Company offers a broad selection of flowers, gifts, and gourmet foods to help customers celebrate life’s special moments.

The Company’s family of brands is led by 1-800-Flowers.com® and Harry & David®, and includes other well-recognized gifting brands such as Cheryl’s Cookies®, Shari’s Berries®, and Moose Munch®. Through its e-commerce platform and Celebrations Passport® loyalty program, the Company strives to make gifting easier and more convenient for customers. The Company also operates BloomNet®, a provider of products and services to the floral industry, as well as wholesale businesses Napco℠ and DesignPac®.

For more information, visit 1800flowersinc.com.

FLWS-COMP
FLWS-FN

Special Note Regarding Forward Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent the Company’s current expectations or forecasts concerning future events; they do not relate strictly to historical or current facts. Such statements can generally be identified by words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” “foresee,” “forecast,” “likely,” “should,” “will,” “target,” or similar words or phrases. These forward-looking statements are subject to risks, uncertainties, and other factors, many of which are outside of the Company’s control, which could cause actual results to differ materially from the results expressed or implied in the forward-looking statements, including, but not limited to, statements relating to future actions; the Company’s ability to leverage its operating platform and reduce its operating expense ratio; its ability to successfully integrate acquired businesses and assets; its ability to successfully execute its strategic priorities; its ability to cost effectively acquire and retain customers and drive purchase frequency; the outcome of contingencies, including legal proceedings in the normal course of business; its ability to compete against existing and new competitors; its ability to manage expenses associated with sales and marketing and necessary general and administrative and technology investments; its ability to reduce promotional activities and achieve more efficient marketing programs; and general consumer sentiment and industry and economic conditions that may affect levels of discretionary customer purchases of the Company’s products. The Company cannot guarantee that any forward-looking statement will be realized. Achievement of future results is subject to risk, uncertainties and potentially inaccurate assumptions. Should known or unknown risks or uncertainties materialize, or should underlying assumptions prove inaccurate, actual results could differ materially from past results and those anticipated, estimated or projected. You should bear this in mind as you consider forward-looking statements. The Company undertakes no obligation to publicly update any of the forward-looking statements, whether because of new information, future events or otherwise, made in this release or in any of its SEC filings. Consequently, you should not consider any such list to be a complete set of all potential risks and uncertainties. For a more detailed description of these and other risk factors, refer to the Company’s SEC filings, including the Company’s Annual Reports on Form 10-K and its Quarterly Reports on Form 10-Q.

View full release here.

View source version on businesswire.com: https://www.businesswire.com/news/home/20261105805964/en/

Investor Contact:

Andy Milevoj

[email protected]

Media Contact:

[email protected]

Source: 1-800-FLOWERS.COM, Inc.

Release – The ONE Group Reports Third Quarter 2026 Financial Results

Posted on by [email protected]
The ONE Group Hospitality, Inc.

Research News and Market Data on STKS

Download as PDF

November 04, 2026

Transactions Positive for Second Consecutive Quarter and Improved Sequentially for Three Consecutive Quarters

Year-to-Date Cash Flow from Operations Increased 143% to $41.8 million

Restaurant Operating Profit** for The Quarter expanded 190 basis points

Company Continues to Prioritize Capital-Efficient Growth

DENVER–(BUSINESS WIRE)– The ONE Group Hospitality, Inc. (“The ONE Group” or the “Company”) (Nasdaq: STKS) today reported its financial results for the third quarter ended September 27, 2026.

Highlights for the third quarter 2026 compared to the same quarter in 2025 are as follows:

  • Total GAAP revenues of $177.0 million from $180.2 million, a decrease of 1.8%, with $4.5 million, or 2.5%, the result of the permanent and temporary closure of restaurants as part of the Grill Concepts portfolio optimization strategy, partially offset by revenue from new restaurants opened since the third quarter of 2025
  • Consolidated comparable sales* and comparable transactions slightly decreased 0.4% and increased 1.8%, respectively
  • Benihana brand comparable sales* and comparable transactions increased 0.7% and increased 2.7%, respectively
  • Net cash provided by operating activities in the quarter increased 50% to $8.8 million from $5.9 million; year-to-date net cash provided by operating activities increased $24.6 million to $41.8 million from $17.2 million
  • Restaurant operating profit** increased by 190 basis points to 13.2% of owned restaurant net revenue from 11.3%
  • GAAP Operating Income year-to-date increased $11.1 million to $14.6 million from $3.5 million
  • Adjusted EBITDA*** attributable to The ONE Group Hospitality, Inc. increased 5% to $11.1 million from $10.6 million, and year-to-date increased 3% to $60.8 million from $59.1 million

“Our third quarter results demonstrate the meaningful progress we are making in strengthening the financial performance of The ONE Group. We delivered positive transaction growth, while significantly improving operating income and expanding restaurant-level margins. These results reflect the effectiveness of our operational initiatives, the strength of our differentiated restaurant brands and the disciplined execution of our strategic priorities,” said Emanuel “Manny” Hilario, President and Chief Executive Officer of The ONE Group. “Importantly, we are translating these operational improvements into stronger cash flow. Through enhanced restaurant-level profitability, disciplined capital allocation and continued portfolio optimization, we are building a more efficient and financially resilient organization.”

“The distinctiveness of our Vibe Dining brands, supported by our value messaging, is resonating with guests. Transactions have been positive for two consecutive quarters and have improved sequentially for three, demonstrating that guests continue to seek out differentiated dining experiences despite a cautious consumer environment,” Hilario continued, “Benihana, our largest brand, led the way in the quarter as we continue to execute our initiatives. Our strategy with the Grill Concepts has shown success in stabilizing transactions as comparable transactions were positive 1.7% for the quarter and positive 1.4% for year-to-date. The next step is to convert those traffic gains into sales.”

“Our beef strategy, supply chain initiatives and menu optimization drove a 190-basis point improvement in restaurant operating profit margin, enabling us to navigate a higher inflationary environment,” Hilario commented. “This operating discipline is also reflected in our cash generation, with cash flow from operations through the first three quarters more than doubled to $41.8 million after paying $29.4 million in interest.”

Hilario also provided an update on the Company’s capital efficient growth by remarking that, “our growth is now centered on franchise and license development and low cost conversions of select Grill Portfolio venues. We are particularly delighted with our progress with the performance of our Benihana Express prototype which now paces at an annual volume of $1.8 million. The combination of its small footprint, high revenues per square foot, and strong unit economics makes it a highly attractive vehicle for licensing. With this brand, we are able to bring the highly craveable Benihana food anywhere to consumers seeking a premium fast casual opportunity on the go,” Hilario concluded. “Entering our seasonally strongest quarter, we believe our improving transaction trends and strong portfolio position us well, and that disciplined capital allocation, together with operational execution, is the foundation for long-term shareholder value and accelerating the development of a significant pipeline of high-quality licensees for Benihana Express locations.”

Grill Concepts Portfolio Optimization

The Company continues to execute its portfolio optimization strategy, focusing on maximizing profitability and improving returns on invested capital across its restaurant portfolio. As part of this initiative, select Kona Grill and RA locations are being converted into Benihana and STK restaurants, leveraging the strength and established consumer appeal of these brands, coupled with the strength of the existing real estate.

As restaurants approach lease or option term end, the Company will make the determination to either 1) exit, or 2) refresh, relocate, remodel, or convert those units based on its evaluation of the quality of the real estate and projected return on capital spent on those options with an anticipated outcome of a highly performing restaurant portfolio. Currently, the Company operates twenty Kona Grills and twelve RAs, inclusive of the temporarily closed restaurants.

  • Currently, the Company has four temporarily closed Kona Grills and three temporarily closed RAs all awaiting conversion to Benihanas.
  • Year to date, the Company has re-opened the Riverton, Utah location (previously a Kona Grill) as a Benihana and the Baltimore, Maryland location (previously a Kona Grill) as a remodeled small footprint Kona Grill and a new STK.
  • Exited one RA (Phoenix, Arizona) and two Kona Grills (Cincinnati, Ohio and Huntsville, Alabama) due to lease expirations
  • Conversion economics are an approximate cost of $1.0 to $1.5 million, net per conversion, with an expected short payback
  • Expected outcome is a fully profitable Grill portfolio with enhanced margins and additional high quality Benihana and STK locations.

Capital Efficiency Focus

The Company is advancing a disciplined development strategy that prioritizes attractive investment returns, franchising, licensing and lower-cost restaurant formats. The Company has focused on increasing its capital efficiency by:

  • Significantly reducing discretionary capital expenditures to increase free cash flow and strengthen the balance sheet
  • Disciplined maintenance capital spend on existing restaurants
  • Prioritizing asset-light and conversion-driven growth with emphasis on franchising and licensing opportunities
  • Targeting new company-owned openings averaging $1.5 million, net or less in build-out costs

Benihana Express Expansion

The Company has accelerated its development of the Benihana Express brand primarily because of its potential for asset light expansion.

  • “Your Benihana Fix, On The Go!” A fast casual version of Benihana with heavy takeout / delivery
  • Premium food offerings (filet, lobster, Wagyu)
  • 800-1,000 square foot space, with an anticipated cost of $400 to $500 per square foot
  • Compelling unit economics with projected combined food and labor costs of 45% to 50%
  • Two Company prototypes open (Miami, Florida, and Denver, Colorado); Miami prototype currently pacing at $1.8 million annual volume
  • Two additional locations expected to open in 2026 in Islamorada, Florida (Licensed) and Topanga Mall in Canoga Park, California (Owned)

2026 Completed Restaurant Development

RestaurantLocationDate
Owned Kona Grill (relocation)San Antonio, TexasJanuary 2026
Converted franchised Benihana to ownedMonterey, CaliforniaFebruary 2026
Converted franchised Benihana Express to ownedMiami, FloridaMarch 2026
Owned STK (new)Phoenix, ArizonaJuly 2026
Owned STK (new)New York (Chelsea), New YorkJuly 2026
Owned Benihana (conversion of a Kona Grill)Riverton, UtahJuly 2026
Owned STK (new)Baltimore, MarylandSeptember 2026
Owned Kona Grill (relocation to smaller footprint)Baltimore, MarylandSeptember 2026
Owned Benihana Express (new)Denver, ColoradoNovember 2026

Current Restaurant Pipeline

Owned Restaurants Under Construction / Development:

  • Owned Benihana restaurant in Tigard, Oregon (conversion of a temporarily closed Kona Grill restaurant)
  • Owned Benihana Express in Topanga Mall in Canoga Park, California
  • Owned STK restaurant in New York City (Union Square)
  • Owned Kona Grill restaurant in Highlands Ranch, Colorado

Asset-Light Development:

  • Franchised Benihana in the Florida Keys
  • Licensed Benihana Express in the Florida Keys

Liquidity

As of September 27, 2026, the Company held a total of $40.3 million in short term liquidity, comprised of $13.7 million in cash and short-term credit card receivables and $26.6 million available under its revolving credit facility. Under the current conditions, the Company’s credit facility does not have any financial covenants.

2026 Financial Targets

The Company is updating its full year 2026 financial targets, reflecting its emphasis on expanding free cash flow through reduced capital expenditures, benefits of portfolio optimization and operational improvements.

Financial Results and Other Select DataUS$s in millions2026 GuidanceDecember 27, 2026
Total GAAP revenues$800 to $810
Consolidated comparable sales+1%
Managed, license and franchise fee revenues$13-$14
Total owned operating expenses as a percentage of owned restaurant net revenueApprox. 82%
Consolidated total G&A, excluding stock-based compensation$50-$51
Consolidated Adjusted EBITDA(1)$95 to $100
Consolidated restaurant pre-opening expenses$7.5 to $8.5(~$3 non-cash rent)
Consolidated interest expense, net of interest income$38 to $39
Consolidated effective income tax rate10% to 20%
Consolidated total capital expenditures, net of allowances received from landlordsApprox. $30-$34
Consolidated number of new system-wide venues6 – 8 new venues
(1) We have not reconciled guidance for Consolidated Adjusted EBITDA to the corresponding GAAP financial measure because we do not provide guidance for the various reconciling items. We are unable to provide guidance for these reconciling items because we cannot determine their probable significance, as certain items are outside of our control and cannot be reasonably predicted since these items could vary significantly from period to period. Accordingly, reconciliations to the corresponding GAAP financial measures are not available without unreasonable effort.

Stock Repurchase Program

The Company’s Board of Directors authorized a repurchase program of up to $15.0 million of outstanding common stock that was completed in December 2023. In March 2024, the Company’s Board of Directors authorized an additional $5.0 million of repurchases under this program. As of September 27, 2026, the Company had purchased 3.4 million shares for $19.3 million under the repurchase program. As a result of the Company’s ability to grow operating cash flow, combined with the disciplined capital expenditures, on November 3, 2026, the Company’s Board of Directors has authorized an additional $5.0 million to this program.

Conference Call and Webcast

Emanuel “Manny” Hilario, President and Chief Executive Officer, and Nicole Thaung, Chief Financial Officer, will host a conference call and webcast today at 4:30 PM Eastern Time.

The conference call can be accessed live over the phone by dialing 201-389-0908. A replay will be available after the call and can be accessed by dialing 412-317-6671; the passcode is 13762363. The replay will be available until Wednesday, November 18, 2026.

The webcast can be accessed from the Investor Relations tab of The ONE Group’s website at www.togrp.com under “News / Events.”

About The ONE Group

The ONE Group Hospitality, Inc. (Nasdaq: STKS) is an international restaurant company that develops and operates upscale and polished casual, high-energy restaurants and lounges and provides hospitality management services for hotels, casinos and other high-end venues both in the U.S. and internationally. The ONE Group is recognized as one of “America’s Greatest Companies” (Newsweek, 2025), and Benihana is honored as one of ”America’s Best Brands for Value” (Forbes, 2025). The ONE Group’s focus is to be the global leader in Vibe Dining, and its restaurant brands and operations are:

  • STK, a modern twist on the American steakhouse concept with restaurants in major metropolitan cities in the U.S., Europe and the Middle East, featuring premium steaks, seafood and specialty cocktails in an energetic upscale atmosphere.
  • Benihana, an interactive dining destination with highly skilled chefs preparing food right in front of guests and served in an energetic atmosphere alongside fresh sushi and innovative cocktails. The Company franchises Benihanas in the U.S., Caribbean, Central America, and South America.
  • Samurai, an interactive dining experience located in sunny Miami, FL, provides a distinctive dining experience where skilled personal chefs masterfully perform the ancient art of teppanyaki right before your eyes.
  • Kona Grill, a polished casual, bar-centric Grill concept with restaurants in the U.S., featuring American favorites, award-winning sushi, and specialty cocktails in an upscale casual atmosphere.
  • Salt Water Social is your gateway to the seven seas, featuring an array of signature and unique fresh seafood items, complemented by the highest quality beef dishes and elegant, delicious cocktails.
  • Benihana Express, a small footprint fast casual concept showcasing the best of Benihana but without teppanyaki tables or bar.
  • RA, a Japanese fusion cuisine concept that offers a fun-filled, bar-forward, upbeat, and vibrant dining atmosphere with restaurants in the U.S. anchored by creative sushi, inventive drinks, and outstanding service.
  • ONE Hospitality, The ONE Group’s food and beverage hospitality services business develops, manages and operates premier restaurants and turnkey food and beverage services within high-end hotels and casinos currently operating venues in the U.S. and Europe.

Additional information about The ONE Group can be found at www.togrp.com.

Non-GAAP Definitions

We have evolved our definition of non-GAAP financial measures starting in Q4 2025. We use certain non-GAAP measures in analyzing operating performance and believe that the presentation of these measures provides investors and analysts with information that is beneficial to gaining an understanding of the Company’s financial results. Non-GAAP disclosures should not be viewed as a substitute for financial results determined in accordance with GAAP.

Reconciliations of these non-GAAP measures are included under “Reconciliation of Non-GAAP Measures” in this press release.

* Comparable sales represent total U.S. food and beverage sales at owned and managed units, a non-GAAP financial measure, opened for at least a full 24-months. This measure includes total revenue from our owned and managed locations. The Company monitors sales growth at its established restaurant base in addition to growth that results from restaurant acquisitions and new restaurant openings. Refer to the reconciliation of GAAP revenue to total food and beverage sales at owned and managed units in this press release.

** We define Restaurant operating profit as owned restaurant net revenue minus owned restaurant cost of sales and owned restaurant operating expenses. Restaurant operating profit has been presented in this press release and is a supplemental measure of financial performance that is not required by, or presented in accordance with, GAAP. Refer to the reconciliation of operating (loss) income to Restaurant operating profit in this press release.

*** We define Adjusted EBITDA as net income (loss) before interest expense, provision (benefit) for income taxes, depreciation and amortization, stock-based compensation, lease termination and restaurant closure expenses, transition and integration expenses, transaction costs, non-cash rent, non-cash impairment loss, non-recurring gains and losses, certain transactional and exit costs and loss on early debt extinguishment. Adjusted EBITDA has been presented in this press release and is a supplemental measure of financial performance that is not required by, or presented in accordance with, GAAP. Refer to the reconciliation of Net loss to Adjusted EBITDA in this press release.

Cautionary Statement on Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995, including with respect to portfolio optimization, restaurant openings, the impact of the Benihana acquisition and 2026 financial targets. Forward-looking statements may be identified by the use of words such as “target,” “intend,” “anticipate,” “believe,” “expect,” “estimate,” “plan,” “outlook,” and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. A number of factors could cause actual results or outcomes to differ materially from those indicated by such forward-looking statements, including but not limited to: (1) our ability to integrate the new or acquired restaurants into our operations without disruptions to operations; (2) our ability to capture anticipated synergies; (3) our ability to open new restaurants and food and beverage locations in current and additional markets, grow and manage growth profitably, maintain relationships with suppliers and obtain adequate supply of products and retain employees; (4) factors beyond our control that affect the number and timing of new restaurant openings, including weather conditions and factors under the control of landlords, contractors and regulatory and/or licensing authorities; (5) our ability to successfully improve performance and cost, realize the benefits of our marketing efforts and achieve improved results as we focus on developing new management and license deals; (6) changes in applicable laws or regulations; (7) the possibility that The ONE Group may be adversely affected by other economic, business, and/or competitive factors, including economic downturns; (8) the impact of actual and potential changes in immigration policies, including potential labor shortages; (9) the potential impact of the imposition of tariffs, including increases in food prices and inflation and any resulting negative impacts on the macro-economic environment; (10) the impact of international conflicts on macroeconomic conditions; (11) risks related to our development and franchise partners; and (12) other risks and uncertainties indicated from time to time in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K filed for the year ended December 28, 2025 and Quarterly Reports on Form 10-Q.

Investors are referred to the most recent reports filed with the Securities and Exchange Commission by The ONE Group Hospitality, Inc. Investors are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

View full release here.

View source version on businesswire.com: https://www.businesswire.com/news/home/20261104597476/en/

Investors:
ICR
Michelle Michalski or Raphael Gross
[email protected]

Media:
ICR
Judy Lee
[email protected]

Source: The ONE Group Hospitality, Inc.

Released November 4, 2026

Commercial Vehicle Group (CVGI) – Revenue Momentum Continued in 3Q

Posted on by [email protected]


Wednesday, November 04, 2026

Joe Gomes, CFA, Managing Director, Equity Research Analyst, Generalist , Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Overview. In the third quarter of 2026, CVG delivered year-over-year revenue growth across all 3 segments, reflecting ongoing efforts to reduce end-market concentration in cyclical North American Class 8 truck exposure through geographic and end-market diversification. While there are still macroeconomic uncertainties to monitor, we believe CVG is hitting its stride as new business wins are ramping up coincidentally with a recovery in key end markets.

3Q26 Numbers. Revenue of $208.1 million rose 36.5%. We had forecast $195 million. Gross margin expanded 300 bp to 13.5% and was up 80 bp sequentially. Adjusted EBITDA came in at $8.5 million, versus $4.6 million in 3Q25. Adjusted EPS was $0.03 compared to an adjusted net loss of $0.14/sh last year. We had forecast $10 million and $0.03, respectively.


Get the Full Report

Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision. 

Release – The Office Gurus Announces Acquisition of Select VoiceCom, Expanding Global Delivery Capabilities in the Philippines

Posted on by [email protected]

Research News and Market Data on SGC

    Strategic acquisition adds two Philippines sites and deep BPO expertise across healthcare, financial services, legal services, e-commerce and other verticals

    ST. PETERSBURG, Fla., Nov. 02, 2026 (GLOBE NEWSWIRE) — The Office Gurus (TOG), the Contact Centers segment of Superior Group of Companies, Inc. (NASDAQ: SGC), today announced the acquisition of Select VoiceCom (SVC), a Philippines-based business process outsourcing (BPO) provider with delivery centers in Cebu City and Davao.

    The acquisition establishes TOG’s direct operating presence in the Philippines, expands its global delivery footprint, and advances its Experience Process Outsourcing (EPO) strategy.

    “Select VoiceCom has built a terrific business over 18 years, with a talented team, strong client relationships and a people-first culture that aligns with our own,” said Dominic Leide, President of The Office Gurus. “SVC gives us an outstanding foundation in the Philippines and new ways to create value for our clients worldwide. We are excited to welcome SVC into the Guru family.”

    SVC’s founding leaders, Mark Shapiro and Trevor Michael, will remain involved to support continuity for clients and employees. Its operations leadership will continue to oversee the Cebu City and Davao sites within TOG’s global operations structure. The combined organization will benefit from TOG’s EPO approach and GuruSuite iX AI-enabled technology ecosystem to enhance agent performance, quality assurance, training, analytics and customer interaction automation.

    “Joining The Office Gurus allows us to build upon the culture, relationships and local leadership that made SVC successful, supported by TOG’s global reach, technology and resources,” said Mark Shapiro, Co-Founder of Select VoiceCom. “We are excited about what this means for our people and clients.”

    Cross Keys Capital served as exclusive financial advisor and Hill Ward Henderson and Quisumbing Torres (member firm of Baker & McKenzie International) served as legal counsel to SGC and TOG in connection with the transaction.

    Disclosure Regarding Forward-Looking Statements

    Certain matters discussed in this press release are “forward-looking statements” intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements can generally be identified by use of the words “may,” “will,” “should,” “could,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” “project,” “potential,” or “plan” or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements in this press release include statements regarding the Company’s capital allocation strategy and growth. Such forward-looking statements are subject to certain risks and uncertainties that may materially adversely affect the anticipated results. Such risks and uncertainties include, but are not limited to, the factors described in the Company’s filings with the Securities and Exchange Commission (“SEC”), including those risks described in Item 1A of our Annual Report on Form 10-K for the fiscal year ended December 31, 2025 entitled “Risk Factors” and the Quarterly Report on Form 10-Q for the quarter ended June 30, 2026. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements made herein and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are only made as of the date of this press release and we disclaim any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances, except as may be required by law.

    About The Office Gurus

    The Office Gurus is a global provider of customer experience and business process outsourcing solutions, combining engaged people, operational expertise and AI-enabled technology to help organizations improve customer experience and business performance.

    About Superior Group of Companies, Inc. (SGC)

    Established in 1920, Superior Group of Companies is comprised of three attractive business segments each serving large, fragmented and growing addressable markets. Across Healthcare Apparel, Branded Products and Contact Centers (operating as The Office Gurus (TOG)), each segment enables businesses to create extraordinary brand engagement experiences for their customers and employees. SGC’s commitment to service, quality, advanced technology, and omnichannel commerce provides unparalleled competitive advantages. We are committed to enhancing shareholder value by continuing to pursue a combination of organic growth and strategic acquisitions. For more information, visit www.superiorgroupofcompanies.com.

    Contact:
    Investor Relations
    [email protected]

    Release – The Beachbody Company, Inc. Announces Third Quarter 2026 Earnings Release Date, Conference Call, and Webcast

    Posted on by [email protected]
    Placeholder Company

    Research News and Market Data on BODI

    November 2, 2026

    EL SEGUNDO, Calif.–(BUSINESS WIRE)– The Beachbody Company, Inc. (NASDAQ: BODI) (“BODi” or the “Company”), the proactive wellness company delivering nutrition, supplements, and proven fitness programs that help people take control of their health inside and out, will release its third quarter 2026 results on Tuesday, November 10, 2026, after the U.S. stock market closes. The Company will host a conference call at 5:00 p.m. (Eastern Time) that day to discuss the results.

    The toll-free dial-in for the conference call is (833) 461-5787 (U.S. & Canada), or click here for Global Dial-In Numbers. The conference ID is 705307026. A live webcast of the conference call will also be available on the Company’s investor relations website at https://investors.thebeachbodycompany.com/. After the conference call, a webcast replay will remain available on the investor relations section of the Company’s website for one year.

    About BODi and The Beachbody Company, Inc.

    BODi is the proactive wellness company delivering nutrition, supplements and proven fitness programs that help people take control of their health inside and out. With nearly three decades of experience, BODi, formerly Beachbody, has evolved from a leader in home fitness into a comprehensive health and fitness ecosystem designed to help people achieve their goals and lead healthier, more fulfilling lives. Anchored by science-backed nutrition solutions like Shakeology and supported by its portfolio of proven fitness and habit-building programs, including P90X and INSANITY, BODi is creating a more accessible and effective path to long-term health.

    Since its inception, BODi has supported more than 30 million customers in achieving lasting results. The company continues to innovate across nutrition and digital fitness to deliver simple, proven solutions for modern lifestyles.

    To subscribe and shop, visit BODi.com. For company and investor information, please visit TheBeachbodyCompany.com.

    Investor Relations
    [email protected]

    Source: The Beachbody Company, Inc.

    Release – ACCO Brands Reports Third Quarter Results

    Posted on by [email protected]
    ACCO Brands Logo

    Research News and Market Data on ACCO

    10/29/2026

    • Reported net sales of $380 million, in line with outlook
    • Diluted EPS of $0.12 and adjusted diluted EPS of $0.28, both include $0.11 per share in net tariff refunds
    • Closed on the acquisition of Trust on October 1, 2026
    • Raises full-year 2026 outlook to reflect tariff refunds and the acquisition

    LAKE ZURICH, Ill.–(BUSINESS WIRE)– ACCO Brands Corporation (NYSE: ACCO) today reported financial results for the third quarter ended September 30, 2026.

    “We delivered third quarter sales consistent with our outlook, driven by a solid back-to-school season in both North America and Mexico and stabilizing trends in Workspace Solutions. Adjusted EPS included net tariff refunds, with underlying operations in line with outlook. We generated strong cash flows and continue to pay down debt, ending September with a consolidated leverage ratio of 3.6x,” stated ACCO Brands’ President and Chief Executive Officer, Tom Tedford.

    “Technology peripherals remain our strongest long-term growth opportunity, and we closed on the acquisition of Trust, which will expand our tech peripheral portfolio to approach $500 million of pro forma annual sales. With Kensington, PowerA, EPOS and Trust, we now have a scaled platform across consumer and enterprise channels in large growth categories. Our focus is integrating these brands and delivering synergy opportunities,” added Mr. Tedford.

    Third Quarter Tariff Refund Impact

    During the third quarter of 2026, net tariff refunds benefited consolidated operating income by $15.1 million. This resulted in a net per share benefit of $0.11 to our diluted earnings per share and 400 basis points of improvement in the consolidated adjusted operating margin in the quarter.

    Third Quarter Results

    Third quarter net sales decreased 0.9 percent to $380.3 million from $383.7 million in 2025. This decrease reflects 4.9 percent growth from the EPOS acquisition and 0.4 percent from favorable foreign exchange, which were more than offset by a 6.2 percent decline in comparable sales. Technology peripherals experienced softness due to global industry-wide challenges. Our overall back-to-school season was positive, with more sales being recognized in the second quarter.

    Operating income was $30.3 million, compared with $26.0 million in 2025. Current-year operating income included one-time charges of $5.9 million, compared with $1.5 million in the prior year. Adjusted operating income increased to $47.8 million, up from $39.2 million in 2025, reflecting cost savings, partly offset by lower mix. Current-year operating income and adjusted operating income include $15.1 million in net tariff refunds.

    Net income was $11.5 million, or $0.12 per share, compared with $4.0 million, or $0.04 per share, in 2025. The improvement in net income reflects items noted above in operating income and adjusted operating income, plus differences in discrete tax items. Adjusted net income increased to $27.2 million, from $19.5 million in 2025, and adjusted earnings per share rose to $0.28 from $0.21 in 2025.

    Business Segment Results

    ACCO Brands Americas – Third quarter segment net sales of $219.8 million decreased 3.4 percent from $227.6 million in the prior year. Growth from the EPOS acquisition of 2.0 percent and favorable foreign currency of 1.0 percent was more than offset by a 6.4 percent comparable sales decline. Lower demand for technology peripherals was offset by growth in Latin America.

    Third quarter operating income was $25.4 million, compared with $24.7 million a year earlier, with larger non-recurring items this year. Adjusted operating income increased to $38.1 million, from $32.7 million in the prior year. The increase in both operating and adjusted operating income reflects net tariff refunds, partly offset by lower mix and volume.

    ACCO Brands International – Third quarter segment net sales were $160.5 million, an increase of 2.8 percent from $156.1 million in the prior year. The EPOS acquisition increased sales by 9.2 percent and unfavorable foreign exchange reduced sales 0.4 percent. Comparable sales were down 6.0 percent year-over-year, reflecting lower demand for technology peripherals and softness in Australia.

    Third quarter operating income was $12.4 million, compared with operating income of $10.5 million in the prior year. Adjusted operating income was $17.0 million, compared with $15.9 million in the prior year. The increase in both reflects pricing and cost savings, partly offset by lower mix.

    Nine Month Results

    Net sales of $1,139.1 million increased 3.9 percent from $1,095.9 million in 2025. The EPOS acquisition increased sales by $56.4 million, or 5.1 percent, and favorable foreign exchange increased sales by $27.6 million, or 2.5 percent. Comparable sales decreased 3.7 percent due to industry-wide trends in technology peripherals, partially mitigated by stronger demand for learning and creative categories in the Americas segment. Globally, workspace solutions trends have moderated versus the prior year.

    Operating income was $50.2 million compared with $52.3 million in 2025. Current-year operating income included restructuring and other non-recurring items totaling $23.2 million, compared with $13.2 million in the prior year. Prior-year operating income benefited from a gain on sale of assets of $6.9 million. Adjusted operating income increased to $107.6 million from $93.2 million in 2025. Current-year operating income and adjusted operating income include $15.1 million of net tariff refunds.

    Net income was $45.0 million, or $0.47 per share, compared with a net income of $20.0 million, or $0.21 per share, in 2025. Nine-month net income benefited from a $33.8 million bargain purchase gain related to the preliminary purchase price allocation, partially offset by costs for the EPOS acquisition, and reflects items noted above in operating income. Prior-year net income was positively impacted by discrete tax items, notably the Company’s settlement of the outstanding tax assessments in Brazil. Adjusted net income was $56.4 million compared with $43.3 million in 2025, and adjusted earnings per share were $0.59 per share compared with $0.46 per share in 2025, reflecting items noted above in operating income and adjusted operating income.

    Cash Flow, Debt and Dividend

    Year to date, free cash flow was $89.0 million including $21.3 million of tariff refunds, compared with $25.8 million in the prior year. The cash balance of $174.7 million at quarter end included cash held for the acquisition of Trust, which closed on October 1. The Company’s consolidated leverage ratio was 3.6x as of September 30, 2026.

    Year to date, the Company has paid dividends of $20.8 million.

    On October 23, 2026, ACCO Brands announced that its board of directors declared a regular quarterly cash dividend of $0.075 per share, payable on December 9, 2026 to stockholders of record at the close of business on November 20, 2026.

    Full Year 2026 Outlook

    For the full year, the Company expects reported sales to increase 4.0 percent to 6.0 percent, updated to include one quarter of expected sales from the acquired Trust business. Full-year adjusted EPS is expected to be $0.98 to $1.02 inclusive of $0.12 from the tariff refund. The Company expects 2026 free cash flow of approximately $100 million and the consolidated leverage ratio of approximately 3.5x at year-end.

    Webcast

    At 8:30 a.m. ET on October 30, 2026, ACCO Brands Corporation will host a conference call to discuss the Company’s third quarter 2026 results. The call will be broadcast live via webcast. The webcast can be accessed through the Investor Relations section of www.accobrands.com. The webcast will be in listen-only mode and will be available for replay following the event.

    About ACCO Brands Corporation

    ACCO Brands is a global leader in branded technology peripherals, workspace solutions, education and creative products that enable people to work with more productivity, learn with more confidence and play with more enjoyment. We develop, nurture and acquire a portfolio of distinct, innovative and widely recognized brands, including EPOS®, Five Star®, Kensington®, Leitz®, Mead®, PowerA®, Tilibra®, Trust® and many others. More information about ACCO Brands Corporation (NYSE: ACCO) can be found at www.accobrands.com.

    Non-GAAP Financial Measures

    In addition to financial results reported in accordance with generally accepted accounting principles (GAAP), we have provided certain non-GAAP financial information in this earnings release to aid investors in understanding the Company’s performance. Each non-GAAP financial measure is defined and reconciled to its most directly comparable GAAP financial measure in the “About Non-GAAP Financial Measures” section of this earnings release.

    Forward-Looking Statements

    Statements contained herein, other than statements of historical fact, particularly those anticipating future financial performance, business prospects, growth, strategies, business operations and similar matters, results of operations, liquidity and financial condition, and those relating to cost reductions and anticipated pre-tax savings and restructuring costs are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the beliefs and assumptions of management based on information available to us at the time such statements are made. These statements, which are generally identifiable by the use of the words “will,” “believe,” “expect,” “intend,” “anticipate,” “estimate,” “forecast,” “future”, “project,” “plan,” and similar expressions, are subject to certain risks and uncertainties, are made as of the date hereof, and we undertake no duty or obligation to update them. Forward-looking statements are subject to the occurrence of events outside the Company’s control and actual results, and the timing of events may differ materially from those suggested or implied by such forward-looking statements due to numerous factors that involve substantial known and unknown risks and uncertainties. Investors and others are cautioned not to place undue reliance on forward-looking statements when deciding whether to buy, sell or hold the Company’s securities.

    Our outlook is based on certain assumptions which we believe to be reasonable under the circumstances. These include, without limitation, assumptions regarding consumer demand, tariffs, global geopolitical and economic uncertainties, and fluctuations in foreign currency exchange rates; and the other factors described below.

    Among the factors that could cause our actual results to differ materially from our forward-looking statements are: changes in trade policy and regulations, including changes in trade agreements and the imposition of tariffs, the timing and recoverability of tariff refund claims, and the resulting consequences; global political and economic uncertainties; a limited number of large customers account for a significant percentage of our sales; sales of our products are affected by general economic and business conditions globally and in the countries in which we operate; risks associated with foreign currency exchange rate fluctuations; challenges related to the highly competitive business environment in which we operate; our ability to develop and market innovative products that meet consumer demands and to expand into new and adjacent product categories; our ability to successfully expand our business in emerging markets and the exposure to greater financial, operational, regulatory, compliance and other risks in such markets; the continued decline in the use of certain of our products; risks associated with seasonality, the sufficiency of investment returns on pension assets, risks related to actuarial assumptions, changes in government regulations and changes in the unfunded liabilities of a multi-employer pension plan; any impairment of our intangible assets; our ability to secure, protect and maintain our intellectual property rights, and our ability to license rights and receive certifications from equipment and software businesses to support our technology accessories business; the introduction by third parties of new and successful gaming consoles; our ability to grow profitably through acquisitions, and successfully integrate them; our ability to successfully execute our multi-year restructuring and cost savings program and realize the anticipated benefits; continued disruptions in the global supply chain; risks associated with inflation and other changes in the cost or availability of raw materials, transportation, labor, and other necessary supplies and services and the cost of finished goods; risks associated with outsourcing production of certain of our products, information technology systems and other administrative functions; the failure, inadequacy or interruption of our information technology systems or their supporting infrastructure; risks associated with a cybersecurity incident or information security breach, including that related to a disclosure of personally identifiable information; risks associated with the use by us and other suppliers of artificial intelligence, risks associated with our indebtedness, including limitations imposed by restrictive covenants, our debt service obligations, and our ability to comply with financial ratios and tests; a change in or discontinuance of our stock repurchase program or the payment of dividends; product liability claims, recalls or regulatory actions; the impact of litigation or other legal proceedings; the impact of additional tax liabilities stemming from our global operations and changes in tax laws, regulations and tax rates; our failure to comply with applicable laws, rules and regulations and self-regulatory requirements, the costs of compliance and the impact of changes in such laws; our ability to attract and retain qualified personnel; the volatility of our stock price; risks associated with circumstances outside our control, including those caused by telecommunication failures, labor strikes, power and/or water shortages, public health crises, such as the occurrence of contagious diseases, severe weather events, war, terrorism and other geopolitical incidents; and other risks and uncertainties described in “Part I, Item 1A. Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025, and in other reports we file with the Securities and Exchange Commission.

    View full release here.

    For further information:

    Christopher McGinnis
    Investor Relations
    (847) 796-4320

    Kori Reed
    Media Relations
    (224) 501-0406Source: ACCO Brands Corporation

    Release – The ONE Group Hospitality, Inc. to Host Third Quarter 2026 Earnings Conference Call and Webcast at 4:30 PM ET on November 4, 2026

    Posted on by [email protected]
    The ONE Group Hospitality, Inc.

    Research News and Market Data on STKS

    Download as PDFOctober 29, 2026

    DENVER–(BUSINESS WIRE)– The ONE Group Hospitality, Inc. (“The ONE Group” or the “Company”) (Nasdaq: STKS) today announced that Emanuel “Manny” Hilario, President and Chief Executive Officer, and Nicole Thaung, Chief Financial Officer, will host a conference call and webcast to discuss third quarter 2026 financial results on Wednesday, November 4, 2026, at 4:30 PM ET. A press release containing the third quarter 2026 financial results will be issued after market close that same afternoon.

    The conference call can be accessed live over the phone by dialing 201-389-0908. A replay will be available after the call and can be accessed by dialing 412-317-6671; the passcode is 13762363. The replay will be available until Wednesday, November 18, 2026.

    The webcast can be accessed from the Investor Relations tab of The ONE Group’s website at http://www.togrp.com/ under “News / Events”.

    About The ONE Group

    The ONE Group Hospitality, Inc. (Nasdaq: STKS) is an international restaurant company that develops and operates upscale and polished casual, high-energy restaurants and lounges and provides hospitality management services for hotels, casinos and other high-end venues both in the U.S. and internationally. The ONE Group is recognized as one of “America’s Greatest Companies” (Newsweek, 2025), and Benihana is honored as one of “America’s Best Brands for Value” (Forbes, 2025). The ONE Group’s focus is to be the global leader in Vibe Dining, and its primary restaurant brands and operations are:

    • STK, a modern twist on the American steakhouse concept with restaurants in major metropolitan cities in the U.S., Europe and the Middle East, featuring premium steaks, seafood and specialty cocktails in an energetic upscale atmosphere.
    • Benihana, an interactive dining destination with highly skilled chefs preparing food right in front of guests and served in an energetic atmosphere alongside fresh sushi and innovative cocktails. The Company franchises Benihanas in the U.S., Caribbean, Central America, and South America.
    • Samurai, an interactive dining experience located in sunny Miami, FL, provides a distinctive dining experience where skilled personal chefs masterfully perform the ancient art of teppanyaki right before your eyes.
    • Kona Grill, a polished casual, bar-centric Grill concept with restaurants in the U.S., featuring American favorites, award-winning sushi, and specialty cocktails in an upscale casual atmosphere.
    • Salt Water Social is your gateway to the seven seas, featuring an array of signature and unique fresh seafood items, complemented by the highest quality beef dishes and elegant, delicious cocktails.
    • Benihana Express, a small footprint casual concept showcasing the best of Benihana but without teppanyaki tables or bar.
    • RA, a Japanese fusion cuisine concept that offers a fun-filled, bar-forward, upbeat, and vibrant dining atmosphere with restaurants in the U.S. anchored by creative sushi, inventive drinks, and outstanding service.
    • ONE Hospitality, The ONE Group’s food and beverage hospitality services business develops, manages and operates premier restaurants and turnkey food and beverage services within high-end hotels and casinos currently operating venues in the U.S. and Europe.

    Additional information about The ONE Group can be found at www.togrp.com.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20261029967326/en/

    Investors:
    ICR
    Michelle Michalski or Raphael Gross
    [email protected]

    Media:
    ICR
    Judy Lee
    [email protected]

    Source: The ONE Group Hospitality, Inc.

    Released October 29, 2026

    Release – Xerox Announces Exchange Transaction to Extend Portion of 2028 Debt Maturities and Reduce Overall Debt

    Posted on by [email protected]
    Xerox

    Research News and Market Data on XRX

    PDF Version

    October 29, 2026

    NORWALK, Conn.–(BUSINESS WIRE)–Oct. 29, 2026– Xerox Holdings Corporation (NASDAQ: XRX) today announced an exchange transaction (the “Exchange Transaction”) that will address approximately $174 million of its senior notes due in 2028 (the “2028 Notes”), extending those maturities to 2030 while reducing overall debt principal and preserving cash. The transaction represents another step in the company’s ongoing efforts to strengthen its balance sheet and reduce leverage.

    “Following the open market purchases earlier this year, this transaction is yet another step that we’ve taken to proactively address our upcoming maturities. It addresses more than 30% of our outstanding 2028 Notes while reducing debt principal and preserving liquidity to support the business,” said Chuck Butler, chief financial officer at Xerox. “We appreciate the constructive partnership with our largest lenders and remain focused on strengthening our balance sheet and reducing leverage.”

    Transaction Details
    The Exchange Transaction is anchored by an ad hoc group of first lien lenders and provides for holders of approximately $174 million of 2028 Notes to exchange their notes for a combination of Xerox Corporation’s newly issued first lien senior secured notes due October 2030 (the “New First Lien Notes”), and shares of Xerox common stock.

    For each $1,000 principal amount of 2028 Notes exchanged, participating holders will receive $690 principal amount of New First Lien Notes and $60 in value of Xerox common stock (based on a discount to the pre-announcement VWAP), or additional New First Lien Notes in certain limited circumstances.

    The New First Lien Notes will be largely identical to the existing first lien notes due October 2030 and will rank pari passu with the company’s existing first lien debt. The transaction is structured as a cashless exchange, other than transaction expenses, and is expected to keep cash interest approximately neutral. It is expected to close on or about November 13, 2026, subject to certain limited conditions.

    Upon completion, the transaction is expected to reduce overall debt principal by approximately $53 million and extend $121 million of debt maturing in 2028 to 2030.

    This communication is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any security and does not constitute an offer, solicitation or sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful.

    Advisors
    Lazard is serving as financial advisor to Xerox and Simpson Thacher & Bartlett LLP is serving as legal advisor. Moelis & Company LLC is serving as financial advisor to the ad hoc group of first lien lenders and Gibson, Dunn & Crutcher LLP is serving as legal advisor.

    Forward-Looking Statement
    This presentation and other written or oral statements made from time to time by management contain “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 and involve certain risks and uncertainties. The words “anticipate”, “believe”, “estimate”, “expect”, “intend”, “will”, “would”, “could”, “can”, “should”, “targeting”, “projecting”, “driving”, “future”, “plan”, “predict”, “may” and similar expressions are intended to identify forward-looking statements. The Company’s actual results may differ significantly from the results discussed in the forward-looking statements. These statements reflect management’s current beliefs and assumptions and are subject to a number of other factors that may cause actual results to differ materially.

    Such factors include but are not limited to: applicable market conditions; global macroeconomic conditions, including inflation, slower growth or recession, delays or disruptions in the global supply chain, higher interest rates, and wars and other conflicts, including the current conflict between Russia and Ukraine; our ability to succeed in a competitive environment, including by developing new products and service offerings and preserving our existing products and market share as well as repositioning our business in the face of customer preference, technological, and other change, such as evolving return-to-office and hybrid working trends; failure of our customers, vendors, and logistics partners to perform their contractual obligations to us; our ability to attract, train, and retain key personnel; execution risks around our Reinvention; the risk of breaches of our security systems due to cyber, malware, or other intentional attacks that could expose us to liability, litigation, regulatory action or damage our reputation; our ability to obtain adequate pricing for our products and services and to maintain and improve our cost structure; changes in economic and political conditions, licensing requirements, and tax laws in the United States and in the foreign countries in which we do business; the risk that multi-year contracts with governmental entities could be terminated prior to the end of the contract term and that civil or criminal penalties and administrative sanctions could be imposed on us if we fail to comply with the terms of such contracts and applicable law; interest rates, cost of capital, and access to credit markets; risks related to our indebtedness; the imposition of new or incremental trade protection measures such as tariffs and import or export restrictions; funding requirements associated with our employee pension and retiree health benefit plans; changes in foreign currency exchange rates; the risk that we may be subject to new or heightened regulatory or operation risks as a result of our, or third parties,’ use or anticipated use of artificial intelligence technologies; the risk that our operations and products may not comply with applicable worldwide regulatory requirements, particularly environmental regulations and directives and anti-corruption laws; the outcome of litigation and regulatory proceedings to which we may be a party; laws, regulations, international agreements and other initiatives to limit greenhouse gas emissions or relating to climate change, as well as the physical effects of climate change; our ability to successfully integrate the Lexmark business and realize the anticipated benefits thereof, including expected synergies; and other factors that are set forth from time to time in the Company’s Securities and Exchange Commission filings, including the combined Annual Report on Form 10-K of Xerox Holdings and Xerox Corporation.

    These forward-looking statements speak only as of the date hereof or of the date to which they refer, and the Company assumes no obligation to update or revise any forward-looking statements as a result of new information or future events or developments, except as required by law.

    About Xerox Holdings Corporation (NASDAQ: XRX)
    Xerox is a global technology company with more than 120 years of innovation leadership. We design, manufacture, deliver, and support print, IT, and digital services for nearly 200,000 clients worldwide. Our integrated, AI-powered portfolio includes managed and production print, document management, workflow automation, cybersecurity, cloud managed services, IT infrastructure, and collaboration technology. Serving clients from growing SMBs to 90 percent of the Fortune 500, Xerox supports leading healthcare, government, financial services, education, legal, retail, and commercial organizations. Through direct sales and a global network of channel partners, we deliver the technology, expertise, and support organizations need to operate efficiently, securely, and at scale.

    Note: To receive RSS news feeds, visit www.news.xerox.com. For open commentary, industry perspectives and views, visit www.linkedin.com/company/xerox or www.youtube.com/XeroxCorp.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20261029085855/en/

    Media Contact
    Justin Capella, Xerox, [email protected]

    Investor Contact
    Greg Stein, Xerox, [email protected]

    Source: Xerox Holdings Corporation

    Release – Xerox Releases Third-Quarter Results

    Posted on by [email protected]
    Xerox

    Research News and Market Data on XRX

    PDF Version

    October 29, 2026

    Revenue Trajectory and Adjusted1 Operating Income Improve; Higher Input Costs and Market Headwinds Weigh on Full-Year Outlook

    Financial Summary

    Q3 2026

    • Revenue of $1.87 billion, down 4.7 percent, or down 4.5 percent in constant currency1.
    • GAAP net (loss)2 of $(1,015) million, or $(7.73) per share, down $255 million or $1.72 per share, year-over-year, respectively.
    • Adjusted1 net income of $7 million, or $0.02 per share, down $20 million or $0.18 per share, year-over-year, respectively.
    • Adjusted1 operating income of $124 million, up $59 million year-over-year.
    • Adjusted1 operating margin of 6.6 percent, up 330 basis points year-over-year.
    • Operating cash flow of $30 million, down $86 million year-over year.
    • Free cash flow1 of $7 million, down $81 million year-over-year.

    NORWALK, Conn.–(BUSINESS WIRE)–Oct. 29, 2026– Xerox Holdings Corporation (NASDAQ: XRX) today announced its 2026 third-quarter results.

    “This quarter, Print equipment revenue grew and adjusted operating margin doubled as we continued to execute against our three priorities: stabilize revenue, increase profitability and reduce leverage,” said Louie Pastor, chief executive officer at Xerox. “We are seeing results in the areas where we have focused our execution, but the headwinds affecting our outlook have intensified, creating greater near-term pressure than we expected. As a result, we are lowering our full-year adjusted operating income and free cash flow guidance. We’re responding with actions and cost measures to mitigate these pressures, improve profitability, and preserve cash, including the suspension of our common and preferred dividends, while maintaining our focus on reducing debt.”

    Progress Against Strategic Priorities

    Q3 2026

    • Double-digit equipment revenue growth in both Entry and Production
    • Announced three new Production devices at PRINTING United Expo, as well as a partnership with Xeikon to enter the Packaging and Labels market
    • $8 million non-cash debt reduction through our warrant program, retiring 2030 convertible notes
    • Announced Exchange of $174 million in 5.50% 2028 Senior Notes for:
      • $121 million of 10.25% 2030 Senior Secured Notes
      • $9 million in equity

    Third-Quarter Key Financial Results

    (in millions, except per share data)Q3 2026 Q3 2025 B/(W)YOY
    Revenue$1,868 $1,961 (4.7)% AC(4.5)% CC1
    Gross Profit$545 $445 $100
    Gross Margin29.2% 22.7% 650 bps
    RD&E %3.0% 3.8% 80 bps
    SAG %20.0% 24.3% 430 bps
    Pre-Tax (Loss)$(1,006) $(300) $(706)
    Pre-Tax (Loss) Margin(53.9)% (15.3)% NM
    Gross Profit – Adjusted1$551 $566 $(15)
    Gross Margin – Adjusted129.5% 28.9% 60 bps
    Operating Income – Adjusted1$124 $65 $59
    Operating Income Margin – Adjusted16.6% 3.3% 330 bps
    GAAP Diluted (Loss) per Share2$(7.73) $(6.01) $(1.72)
    Diluted Earnings Per Share – Adjusted1$0.02 $0.20 $(0.18)

    Third-Quarter Segment Results

    (in millions)Q3 2026 Q3 2025 B/(W)YOY
    Revenue     
    Print and Other$1,688 $1,739 (2.9)%
    IT Solutions187 226 (17.3)%
    Intersegment Elimination3(7) (4) NM
    Total Revenue$1,868 $1,961 (4.7)%
    Profit     
    Print and Other$136 $64 112.5%
    IT Solutions8 18 (55.6)%
    Corporate Other4(20) (17) 17.6%
    Total Profit$124 $65 90.8%
    _____________
    1.Refer to the “Non-GAAP Financial Measures” section of this release for a discussion of these non-GAAP measures and their reconciliation to the reported GAAP measures.
    2.Third quarter 2026 includes an after-tax non-cash goodwill impairment charge of $955 million ($959 million pre-tax), or $6.87 per diluted share. Third quarter 2025 includes an inventory-related purchase accounting adjustment, related to the acquisition of Lexmark, of $85 million ($102 million pre-tax), or $0.67 per diluted share, as well as a tax expense charge of $467 million, or $3.69 per diluted share, related to the establishment of a valuation allowance against certain deferred tax assets to reflect their realizability.
    3.Reflects primarily IT hardware, software solutions and services, sold by the IT Solutions segment to the Print and Other segment.
    4.Corporate Other reflects certain administrative and general expenses, which primarily relate to corporate functions, and are not allocated to either of our reportable segments.

    Updated 2026 Guidance

    • Revenue: Approximately $7.6 billion
    • Adjusted1,2 Operating Income: $450-475 million
    • Free Cash Flow1,2: $50-100 million

    Non-GAAP Measures

    This release refers to the following non-GAAP financial measures:

    • Adjusted1 EPS excludes Restructuring and related costs, net, Amortization of intangible assets, non-service retirement-related costs, Goodwill impairment charge, and other discrete adjustments from GAAP EPS, as applicable.
    • Adjusted1 operating income and margin, which exclude the EPS adjustments noted above, except the tax expense charge related to the establishment of a valuation allowance against certain deferred tax assets, as well as the remainder of Other expenses (income), net from pre-tax (loss) and margin.
    • Constant currency1 (CC) revenue change, which excludes the effects of currency translation.
    • Free cash flow 1, which is operating cash flow less capital expenditures.
    _____________
    1.Refer to the “Non-GAAP Financial Measures” section of this release for a discussion of these non-GAAP measures and their reconciliation to the reported GAAP measures.
    2.Adjusted operating income guidance reflects a benefit from the recognition of a $105 million pre-tax IEEPA tariff receivable associated with the recent Supreme Court ruling on IEEPA tariffs. The benefit to free cash flow guidance, resulting from Xerox’s sale of the IEEPA tariff receivable to a third party, is $80 million.

    Forward-Looking Statement

    This presentation and other written or oral statements made from time to time by management contain “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 and involve certain risks and uncertainties. The words “anticipate”, “believe”, “estimate”, “expect”, “intend”, “will”, “would”, “could”, “can”, “should”, “targeting”, “projecting”, “driving”, “future”, “plan”, “predict”, “may” and similar expressions are intended to identify forward-looking statements. The Company’s actual results may differ significantly from the results discussed in the forward-looking statements. These statements reflect management’s current beliefs and assumptions and are subject to a number of other factors that may cause actual results to differ materially.

    Such factors include but are not limited to: applicable market conditions; global macroeconomic conditions, including inflation, slower growth or recession, delays or disruptions in the global supply chain, higher interest rates, and wars and other conflicts, including the current conflict between Russia and Ukraine; our ability to succeed in a competitive environment, including by developing new products and service offerings and preserving our existing products and market share as well as repositioning our business in the face of customer preference, technological, and other change, such as evolving return-to-office and hybrid working trends; failure of our customers, vendors, and logistics partners to perform their contractual obligations to us; our ability to attract, train, and retain key personnel; execution risks around our Reinvention; the risk of breaches of our security systems due to cyber, malware, or other intentional attacks that could expose us to liability, litigation, regulatory action or damage our reputation; our ability to obtain adequate pricing for our products and services and to maintain and improve our cost structure; changes in economic and political conditions, licensing requirements, and tax laws in the United States and in the foreign countries in which we do business; the risk that multi-year contracts with governmental entities could be terminated prior to the end of the contract term and that civil or criminal penalties and administrative sanctions could be imposed on us if we fail to comply with the terms of such contracts and applicable law; interest rates, cost of capital, and access to credit markets; risks related to our indebtedness; the imposition of new or incremental trade protection measures such as tariffs and import or export restrictions; funding requirements associated with our employee pension and retiree health benefit plans; changes in foreign currency exchange rates; the risk that we may be subject to new or heightened regulatory or operation risks as a result of our, or third parties,’ use or anticipated use of artificial intelligence technologies; the risk that our operations and products may not comply with applicable worldwide regulatory requirements, particularly environmental regulations and directives and anti-corruption laws; the outcome of litigation and regulatory proceedings to which we may be a party; laws, regulations, international agreements and other initiatives to limit greenhouse gas emissions or relating to climate change, as well as the physical effects of climate change; our ability to successfully integrate the Lexmark business and realize the anticipated benefits thereof, including expected synergies; and other factors that are set forth from time to time in the Company’s Securities and Exchange Commission filings, including the combined Annual Report on Form 10-K of Xerox Holdings and Xerox Corporation.

    These forward-looking statements speak only as of the date hereof or of the date to which they refer, and the Company assumes no obligation to update or revise any forward-looking statements as a result of new information or future events or developments, except as required by law.

    Note: To receive RSS news feeds, visit https://www.news.xerox.com. For open commentary, industry perspectives and views, visit http://www.linkedin.com/company/xerox or http://www.youtube.com/XeroxCorp.

    ©2026 Xerox Corporation. All rights reserved. Xerox® and the Xerox logo are trademarks of XRX Brandco LLC in the United States and/or other countries.

    View full release here.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20261029664283/en/

    Media Contact:
    Justin Capella, Xerox, [email protected]

    Investor Contact:
    Greg Stein, Xerox, [email protected]

    Source: Xerox Holdings Corporation

    DoorDash Nears $17 Billion Instacart Acquisition as Delivery Giants Look to Challenge Amazon and Walmart

    Posted on by [email protected]

    DoorDash (NASDAQ: DASH) is reportedly in advanced negotiations to acquire grocery delivery platform Instacart (NASDAQ: CART) in a deal that could value the company at approximately $17 billion, potentially creating one of the largest combined food and grocery delivery platforms in the United States.

    According to reports from The Wall Street Journal and Reuters, an agreement could be announced as soon as this week, although negotiations remain ongoing and there is no guarantee a transaction will be completed. The potential acquisition would represent a significant expansion of DoorDash’s business beyond restaurant delivery as competition intensifies across the online grocery and retail markets.

    Investors responded sharply to news of the negotiations. Instacart shares climbed approximately 8% on Monday, while DoorDash stock declined roughly 6%, reflecting enthusiasm about a potential takeover premium alongside concerns about the cost and complexity of the acquisition.

    Before reports of a possible sale emerged, Instacart had a market capitalization of approximately $12 billion. A transaction valued at $17 billion would represent a substantial premium and mark one of the more significant technology acquisitions of 2026.

    The proposed combination would bring together two major players with complementary strengths. DoorDash has established an extensive delivery network through its restaurant business and expanded into convenience stores, grocery chains, and general merchandise retailers. Instacart, meanwhile, specializes in grocery shopping and delivery, maintaining established relationships with supermarket operators and providing technology that supports online ordering and retail advertising.

    Together, the companies could offer consumers a broader range of delivery options while creating opportunities to consolidate logistics, improve delivery efficiency, and expand advertising services.

    The strategic motivation comes as traditional delivery platforms face increasing competition from Amazon and Walmart, both of which have invested heavily in grocery fulfillment, same-day delivery, and customer loyalty programs.

    DoorDash already works with retailers including Kroger, Safeway, Aldi, CVS, Macy’s, and Target. Acquiring Instacart could deepen its relationships with grocery chains and accelerate its efforts to become a comprehensive local commerce platform rather than primarily a restaurant delivery service.

    For Instacart, the potential transaction comes after several years of adjusting to slower growth following the pandemic-driven surge in online grocery shopping. The company went public in 2023 but has faced mounting competitive pressure from larger technology platforms and retailers developing their own digital ordering capabilities.

    Instacart has also expanded beyond delivery into advertising and software services for retailers, businesses that could become important components of DoorDash’s longer-term growth strategy.

    However, the financial implications of a potential acquisition remain uncertain. The companies have not disclosed a proposed transaction structure, including whether the purchase would be financed through cash, stock, or a combination of both.

    Analysts have also raised questions about whether the potential cost savings and additional revenue opportunities would justify the reported acquisition price. Integrating two large delivery networks could create efficiencies, but overlapping operations, technology systems, and retail partnerships may present challenges.

    Regulatory scrutiny represents another consideration. Because DoorDash and Instacart compete in portions of the grocery delivery market, a combination could attract attention from antitrust regulators evaluating its potential impact on competition, merchants, and consumers.

    The reported negotiations follow an earlier attempt by DoorDash to acquire Instacart in 2021, when the grocery delivery company’s private-market valuation was considerably higher. Those discussions ultimately failed to produce an agreement.

    Uber Technologies (NYSE: UBER) also reportedly explored acquiring Instacart, although those discussions are no longer active.

    The potential deal underscores a broader shift in the delivery industry, where companies are increasingly pursuing acquisitions, operational efficiencies, and diversified revenue streams as growth becomes more competitive.

    For investors, the key questions will be whether DoorDash can translate greater scale into improved profitability, how much it must pay to secure Instacart, and whether regulators would approve the combination.

    If completed, the acquisition could significantly reshape the competitive landscape for online grocery delivery, creating a larger challenger to Amazon and Walmart while accelerating consolidation across the digital commerce industry.

    Travelzoo (TZOO) – Membership Momentum Sets Up 2027 Earnings Growth

    Posted on by [email protected]


    Wednesday, October 28, 2026

    Michael Kupinski, Director of Research, Equity Research Analyst, Digital, Media & Technology , Noble Capital Markets, Inc.

    George Proost, Research Associate, Noble Capital Markets, Inc.

    Refer to the full report for the price target, fundamental analysis, and rating.

    Investment weighs on Q3. Revenue increased 3% to $22.9 million, in line with expectations. Adjusted EBITDA fell to a loss of $2.2 million, modestly wider than our estimated loss of $1.5 million. The earnings shortfall largely reflected higher sales and marketing expenditures associated with the company’s transition to a paid membership model. 

    Membership growth accelerates. Club Members increased 65% year over year, supported by $5.8 million in direct membership acquisition spending during the quarter. Encouragingly, average U.S. customer acquisition cost fell to $54 from $62 in the second quarter, while deferred revenue rose to $13.5 million, providing greater visibility into future recurring membership revenue.


    Get the Full Report

    Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.

    This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

    *Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision. 

    Release – Lucky Strike Entertainment Completes Transition of Bowlmor Locations to Lucky Strike

    Posted on by [email protected]

    10/27/2026

    Bowlmor Cupertino becomes Lucky Strike Cupertino, carrying forward the legacy of the brand that started it all

    RICHMOND, Va.–(BUSINESS WIRE)– Lucky Strike Entertainment (NYSE: LUCK), one of the world’s premier owner-operators of location-based entertainment destinations, announced today that Bowlmor Cupertino has been rebranded as Lucky Strike Cupertino, marking the transition of the company’s final operating Bowlmor location. The milestone celebrates the brand that first turned bowling into a night out and marks the next chapter for a company that continues to grow as more people rediscover the lanes. The new Lucky Strike Cupertino location arrives just in time for holiday party season, giving Bay Area companies, teams and groups a new destination for year-end celebrations.

    Bowlmor Lanes opened in New York City’s Greenwich Village in the 1930s and became a beloved neighborhood institution. In 1997, Thomas Shannon acquired Bowlmor and reimagined what a bowling center could be, adding upscale food and cocktails, music, lighting, and lounge-style lanes. The concept invented bowling as entertainment, turning a classic pastime into a pop culture hotspot complete with A-listers such as Sarah Jessica Parker, Jimmy Fallon, and Al Pacino. That vision became the foundation for Lucky Strike Entertainment’s growth into a company with more than 360 locations across North America, spanning bowling, amusements, water parks, and family entertainment centers. It’s fitting that Bowlmor’s final chapter unfolds in Cupertino, a city known worldwide for reinventing entire categories. Today, Lucky Strike carries Bowlmor’s spirit and Shannon’s vision forward in every center.

    “Bowlmor is where it all began. We set out to prove that bowling could be the best day or night out in the city, and that idea has grown into something bigger than we ever imagined,” said Thomas Shannon, Founder and CEO of Lucky Strike Entertainment. “Bringing Bowlmor Cupertino under the Lucky Strike name isn’t an ending. It’s a celebration of everything Bowlmor started and a sign of how much bowling continues to grow.”

    The rebrand comes as bowling enjoys renewed momentum, with league participation rising every year and nearly 70M people bowling on average each year. Lucky Strike Cupertino offers guests state-of-the-art bowling lanes, elevated food and beverage options, a vibrant arcade and immersive Bay Area entertainment experiences, including holiday parties and group celebrations.

    For more information on Lucky Strike Cupertino, visit LuckyStrikeEnt.com, or follow along on social at @luckystrikeent. For information on parties and packages, visit here.

    About Lucky Strike Entertainment:
    Lucky Strike Entertainment is one of the world’s premier location-based entertainment platforms. With over 360 locations across North America, Lucky Strike Entertainment provides experiential offerings in bowling (Lucky Strike, Bowlero, AMF), amusements, water parks, and family entertainment centers. The company also owns the Professional Bowlers Association, the major league of bowling and a growing media property that boasts millions of fans around the globe. For more information on Lucky Strike Entertainment, please visit IR.LuckyStrikeEnt.com.

    Media:
    [email protected]

    Source: Lucky Strike Entertainment Corporation

    SKYX Platforms (SKYX) – Another Homebuilder Deal

    Posted on by [email protected]


    Tuesday, October 27, 2026

    Joe Gomes, CFA, Managing Director, Equity Research Analyst, Generalist , Noble Capital Markets, Inc.

    Refer to the full report for the price target, fundamental analysis, and rating.

    New Deal. Hot on the heels of the Maronda Homes announcement, SKYX Platforms revealed an agreement to supply 60,000 units of its smart home technologies for over 700 homes to be built by Home Creations. The units are expected to be provided over the next 12 months. We believe these are the first of many agreements to be awarded in the future for SKYX products in the home builder vertical.

    Home Creations. Founded in 1981, Home Creations is a family-founded homebuilder serving Oklahoma and the Houston, Texas, market. Significantly, Home Creations combines energy-efficient construction with smart home features. The firm’s Oklahoma City homes are nearly 53% more energy-efficient than typical new homes and include Deako smart lighting, a smart thermostat, smart locks, and an app-enabled garage door. Every home is HERS-verified by a certified RESNET energy rater and backed by a 10-year structural warranty.


    Get the Full Report

    Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.

    This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

    *Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.