Next.e.GO Mobile SE is a manufacturer of electric vehicles for urban mobility, with a mission to provide convenient and cost-effective transportation solutions. Founded in Germany, Next.e.GO Mobile built its first urban electric vehicle prototype in 2016. As part of its efforts to expand the business into the international market, the company is preparing to list on the New York Stock Exchange. In an email conversation with AlphaStreet, Ali Vezvaei, chairman of the board at Next.e.GO Mobile, provided insights into the various aspects of the company and its development. Here’s the full intervi ..read more

Dollar Tree, Inc. (NASDAQ: DLTR) and Dollar General Corporation (NYSE: DG) both reported their fourth quarter 2022 earnings results this month. The current inflationary environment benefits discount stores as customers look for more value in their purchases. Here’s a look at how these two fared in the most recent quarter: Revenue and comps Dollar Tree’s consolidated net sales increased 9% year-over-year to $7.72 billion in Q4 2022 while enterprise same-store sales rose 7.4%. Dollar General posted net sales of $10.2 billion in Q4, up 18% from last year, driven by positive sales contributio ..read more

Niu Technologies (NASDAQ: NIU) Q4 2022 earnings call dated Mar. 20, 2023 Presentation: Operator Good day, and thank you for standing by. Welcome to the Niu Technologies Fourth Quarter 2022... This content is for members only. Visit the site and log in/register to read. The post Niu Technologies (NIU) Q4 2022 Earnings Call Transcript first appeared on AlphaStreet ..read more

Memory chip titan Micron Technology Inc. (NASDAQ: MU) has been hit hard by the demand-supply imbalance in the industry and pricing issues, which have reversed most of the benefits from the boom spurred by the pandemic. The company has adopted measures to ease the impact, such as a reduction in capital expenditure and streamlining production capacity. Slowdown In the first quarter, the Boise-headquartered semiconductor firm incurred a loss for the first time in about six years. It has not been immune to the selloff that battered tech stocks last year, but the shares bounced back from the initia ..read more

Blue Apron Holdings, Inc. (NYSE: APRN) has reported a narrower net loss for the fourth quarter of 2022 when the company’s revenues remained unchanged. The fourth quarter net loss was $21.8 million, or $0.49 per share, compared to a loss of $26.4 million, or $0.93 per share in the corresponding period of 2021. Net revenues remained unchanged at $106.8 million during the three-month period. The top line was negatively impacted by a seasonal decrease in volumes. The post Blue Apron Holdings (APRN) Q4 loss narrows; revenues flat first appeared on AlphaStreet ..read more

Foot Locker, Inc. (NYSE: FL) reported fourth quarter 2022 earnings results today. Total sales remained relatively flat compared to last year at $2.3 billion. Comparable-store sales grew by 4.2%. Net income attributable to Foot Locker Inc. was $19 million, or $0.20 per share, compared to $103 million, or $1.02 per share, in the same period last year. Adjusted EPS was $0.97. For FY2023, the company expects sales to be down 3.5-5.5% from last year. Prior performance The post Key highlights from Foot Locker’s (FL) Q4 2022 earnings results first appeared on AlphaStreet ..read more

The American restaurant industry has almost returned to normal now, after months of disruption that made people stop eating out and choose home delivery. The companies are currently busy enhancing customer experience through various measures including menu innovation and the use of technology for more efficient food delivery.  When Darden Restaurants, Inc. (NYSE: DRI) reports earnings next week, the market will be closely following the event looking for new updates on the industry. Valuation Shares of the Orlando-headquartered company, which owns popular brands like Olive Garden and Longh ..read more

Shares of Lennar Corporation (NYSE: LEN) were down on Friday. The stock has gained 14% year-to-date and 12% over the past 12 months. The company delivered better-than-expected results for its first quarter of 2023 amid a challenging environment. Here’s a look at some of the key points from the earnings report: Quarterly numbers In Q1 2023, Lennar’s total revenues increased 5% year-over-year to $6.5 billion, beating estimates. GAAP EPS increased 22% to $2.06 and although adjusted EPS declined 21% YoY to $2.12, it surpassed projections. Lennar Corporation Q1 2023 Earnings Infographic Strategy an ..read more

XPeng Inc. (NYSE: XPEV) Q4 2022 earnings call dated Mar. 17, 2023 Corporate Participants: Alex Xie — Head, Investor Relations Xiaopeng He — Co-Founder, Chairman and Chief Executive Officer Hsueh-Ching Lu — Vice President, Finance. Analysts: Tim Hsiao — Morgan Stanley — Analyst Paul Gong — UBS — Analyst Bin Wang — Credit Suisse — Analyst Nick Lai — J.P. Morgan — Analyst Ming Lee — Bank of America — Analyst Presentation: Operator Hello, ladies and gentlemen, thank you for standing by for the Fourth Quarter and Fiscal ..read more

Ulta Beauty, Inc. (NASDAQ: ULTA) has constantly increased its market value even while navigating through uncertainties like the coronavirus pandemic and more recently the economic downturn. The company outshined competitors with exceptionally strong financial performance in the holiday quarter as its affordable beauty products continue to attract shoppers. The Bolingbrook-based beauty retailer’s stock crossed the $ 500 mark a few weeks ago and climbed to an all-time high last month. Interestingly, ULTA has defied the recent market volatilities and maintained an uptrend, outperforming the broa ..read more