Solo Brands, Inc. announced a net loss of $5.5 million for Q1 2026, an improvement from a $12.2 million loss in the same period last year, driven by cost reductions and improved cash discipline despite a sales decline of 18.6% to $62.9 million. The company experienced challenges in its Solo Stove segment but noted positive sales growth in April and early May following new product launches. Solo Brands reaffirmed its full-year 2026 guidance, expecting net sales between $280 million and $310 million and adjusted EBITDA between $24 million and $30 million, while continuing to navigate an uneven demand environment and tariff impacts.
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...
Frasers Group PLC has withheld financial guidance for the upcoming year due to uncertainty around its takeover bids for Hugo Boss and Accent Group. The retailer's full-year adjusted profit before tax fell 4% to £538 million, impacted by asset impairm...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
