Escalade, Inc. reported a 0.6% increase in net sales to $55.8 million for Q1 2026, with net income rising 67.2% to $4.4 million, or $0.32 per diluted share. The growth was driven by the Gold Tip archery acquisition and stronger demand in billiards and safety products, offsetting declines in other categories. Gross margin improved by 408 basis points to 30.7%, and EBITDA rose 44.1% to $7.1 million, reflecting operational efficiencies and cost control. The company declared a quarterly dividend and highlighted its strong balance sheet and focus on profitability amid inflationary pressures and economic uncertainties.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
DMG Blockchain Solutions announced two strategic investments: one in MeetAmi Innovations, a Canadian fintech offering digital asset wealth management platforms, and another in Atomic47 Labs, an AI company focused on secure, sovereign AI infrastructur...
Gnosis (GNO) surged 13% in 24 hours, closing in on overtaking BONK by market capitalization to reach the 100th largest token spot. GNO's market cap stands at $303.88 million versus BONK's $330.07 million, requiring a price rise to about $125.48 for t...
Broadridge's Tokenization Pulse Survey shows 84% of firms view tokenization as strategically important, with 68% expecting it to reshape markets within 3-5 years. Most firms plan to integrate tokenization into existing infrastructure rather than buil...
Standard Chartered has partnered with Broadcom to modernize its global banking infrastructure by adopting a secure, resilient private cloud using VMware Cloud Foundation. This upgrade supports critical banking services across 54 markets with enhanced...
