SharpLink's Ethereum Pivot & Q2 Loss
The sportsbook marketing company SharpLink Gaming shifts to an Ethereum treasury, acquiring 728,804 ETH. Q2 2025 results show a significant net loss driven by non-cash factors.
The sportsbook marketing company SharpLink Gaming shifts to an Ethereum treasury, acquiring 728,804 ETH. Q2 2025 results show a significant net loss driven by non-cash factors.
Tapestry's profit outlook missed due to $160M in tariffs, causing shares to drop. Despite this, revenue forecast at $7.2B (exceeding expectations). Coach thrives, up 13%, selling Stuart Weitzman to focus on it & Kate Spade.
Birkenstock's Q3 revenue hit €635M, with 16% constant currency growth and profits exceeding expectations. Margins significantly improved (gross 60.5%, Adj. EBITDA 34.4%). The company is well-positioned for US tariffs and reaffirms strong FY25 outlook.
Gildan is acquiring HanesBrands for $4.4 billion enterprise value. This merger creates a global basic apparel leader, projected to yield $200M in annual synergies by 2028 and be immediately accretive to Gildan's adjusted EPS. The offer values HanesBrands shares at $6.
On reports exceptional Q2 2025 results, driven by strong DTC and Asia-Pacific growth. The company raises full-year guidance for sales and profitability, maintaining its premium brand strategy despite new tariffs.
AMC's Q2 saw a narrowed loss, boosted by a rebounding box office & premium experiences. Revenue hit $1.4B, adjusted EBITDA soared 150%, and per-patron spending hit records, strengthening the balance sheet for future growth.