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You are here: Home / Archives for Financial

Financial

Pending Court Approval, Howard’s Appliance Will Soon Disappear Forever

December 18, 2025 by Ted 1 Comment

A Howard's Appliance store, partially covered by its liquidation plan

Howard’s Appliances, Inc. has filed for bankruptcy, and we now know the path the company’s directors have chosen to take in this transition for the company. In addition to filing a comprehensive Voluntary Petition for Non-Individuals Filing for Bankruptcy, along with a series of attachments containing, among other things, huge inventory lists, the Howard’s team also added a series of Motions requesting the court grant immediate “Hearings on Emergency Basis.”

What was I able to glean from literally hundreds of pages of document filings? Read on…

See more on the Howard’s Appliance bankruptcy filing…

[Read more…] about Pending Court Approval, Howard’s Appliance Will Soon Disappear Forever

Filed Under: Feature, Financial, Law, News, Retailers Tagged With: bankruptcy, David Steinhafel, Howard's, S5 Equity

Apparently for Sale, Emerald Board is Reviewing Multiple Offers to be Acquired

December 18, 2025 by Ted Leave a Comment

BREAKING NEWS

From Emerald Expositions website

Emerald Holding, Inc. (NYSE: EEX) – parent company of Emerald Expositions, CEDIA Expo, CEPro, Commercial Integrator, and many more – announced Tuesday that it’s Board of Directors has begun “a review of potential strategic options.” Why does it have to consider “strategic options?” Because Emerald says it has received “inquiries” about offers for a possible acquisition of the company.

Yes, it appears that Emerald is on the market, looking for a new owner…

[Read more…] about Apparently for Sale, Emerald Board is Reviewing Multiple Offers to be Acquired

Filed Under: Feature, Financial, Media, News, Shows & Events, Strategy Tagged With: acquisition, Emerald, Herve Sedky

After Nearly 80 Years of Operations, Howard’s Appliance Suddenly Closes All Locations

December 11, 2025 by Ted 3 Comments

A Howard's Appliance Experience Center
Howard’s Experience Center in Murrieta, CA

Blames Tariffs & Slowing Spending; Company to File Bankruptcy

Shocking news emerged at the end of last week as we learned that Southern California multi-location retailer Howard’s Appliance suddenly closed all stores. Local media is struggling to get details on the situation, but here is what we know so far: Howard’s Appliances, a large and formerly successful independent TV, Appliance, and Mattress retailer in Southern California, just days after Black Friday, suddenly announced to employees it would be closing in two days. No reason was provided, and all employees were laid off as of December 6.

There was no formal announcement circulated to customers, and some have taken to social media to complain that they had deposits on various appliances and were waiting for delivery…delivery that is apparently not coming.

Learn more about Howard Appliances closing…

[Read more…] about After Nearly 80 Years of Operations, Howard’s Appliance Suddenly Closes All Locations

Filed Under: Feature, Financial, Management, News, Retailers Tagged With: bankruptcy, Howard's

Calling Year ‘Transitional,’ Sonos Reports Fiscal 2025 Results; Revenues Decline, Losses Increase

November 20, 2025 by Ted 3 Comments

CEO Articulates a New Strategy…But, Is It Really New?

Calling 2025 a “transitional” year, new Sonos, Inc. (Nasdaq: SONO) CEO Tom Conrad suggested the company turned a corner in the fourth quarter, as part of reporting its financial results for fiscal 2025, the year that ended on September 27, 2025. However, I couldn’t help but notice company executives were carefully choosing their words in describing the company’s performance – referring to just certain key Q4 numbers and “adjusted” results. This always makes me want to take a deeper look, and when I looked at fiscal 2025’s total performance, it was disappointing, with revenues continuing to decline and losses progressively increasing…again.

Even in the fourth quarter, which the executives did want to talk about, the company lost $37.9 million.

Learn all about how Sonos performed in fiscal 2025…

[Read more…] about Calling Year ‘Transitional,’ Sonos Reports Fiscal 2025 Results; Revenues Decline, Losses Increase

Filed Under: Feature, Financial, News, Strategy Tagged With: earnings, Saori Casey, Sonos, Tom Conrad

Resideo Technologies Shares Collapse 23.75% on Thursday; I Explain Why

November 7, 2025 by Ted Leave a Comment

Smart home graphic from Resideo website
A Resideo smart home graphic

On Wednesday, Resideo Technologies, Inc. (NYSE: REZI), maker and distributor of tech products for homes and businesses and parent company of Products and Solutions, ADI Global Distribution, Snap One, Control4, and more, announced its financial results for the third quarter of fiscal 2025. The results looked pretty good. Then, on Thursday, its stock collapsed a stunning 23.75%. By comparison, the S&P 500 was down 1.1%.

Now, on Friday, in midday trading, Resideo is trending down again… yet another 1.5% decline. What’s going on?

See why Resideo is trending down in the wake of a positive Q3 report…

[Read more…] about Resideo Technologies Shares Collapse 23.75% on Thursday; I Explain Why

Filed Under: Feature, Financial Tagged With: ADI, Products and Solutions, quarterly earnings, Resideo

Emerald Reports Fiscal 2025 Q3 Results; Relies on Acquisitions to Drive Growth

November 6, 2025 by Ted Leave a Comment

Emerald Holding Third Quarter Fiscal 2025 earnings

Overall Revenues Grew, Organic Revenues Declined

Emerald Holding, Inc. (NYSE: EEX), parent company to Emerald Expositions and owner of the CEDIA Expo, Commercial Integrator Expo, CEPro, Commercial Integrator, and more, reported its financial results for the third quarter of fiscal 2025, showing growth in both consolidated revenues and “adjusted” earnings. However, the data makes it pretty clear that growth relies heavily on acquiring more shows – a costly way to drive growth.

Learn all about the results for Emerald in Q3 of FY 2025…

[Read more…] about Emerald Reports Fiscal 2025 Q3 Results; Relies on Acquisitions to Drive Growth

Filed Under: Feature, Financial Tagged With: Emerald, Herve Sedky, quarterly earnings

Gentex Corp Fiscal 2025 Q3 Results Show Impact of Tariffs & Slowing Global Activity

October 29, 2025 by Ted Leave a Comment

A high-tech Gentex interior mirror

Organic Net Sales Decline 6.3%; Organic Net Income Slides 21%

Gentex Corporation (Nasdaq: GNTX) reported its financial results for the third quarter of Fiscal 2025, and for the first time, these results betray an impact from the Trump administration’s tariff program as well as slowing global economic activity. The company is also still struggling to more fully integrate Voxx International, acquired back in April 2025, into its operations and forward planning.

Organic results – which take Voxx out of the 2025 numbers for an apples-to-apples comparison with Fiscal 2024 results – showed a notable decline in net sales and a troubling double-digit decline in net income. Read on to see what the company said about these results…and to get my take.

Read all about the Gentix Q3 Results…

[Read more…] about Gentex Corp Fiscal 2025 Q3 Results Show Impact of Tariffs & Slowing Global Activity

Filed Under: Feature, Financial Tagged With: corporate earnings, Gentex, Integra, Klipsch, Onkyo, Premium Audio Company, Steve Downing, Voxx

Ferrari Stock Crashes After Company Forecasts Slowing Growth; Has Luxury Run Off the Road?

October 15, 2025 by Ted Leave a Comment

A Ferrari Laferrari
A Ferrari Laferrari [PHOTO: baronvsp / iStock][Click to enlarge]

Ferrari NV (NYSE: RACE), manufacturer of the leading luxury sports car embraced by many wealthy car enthusiasts, had its scariest ride ever on Wall Street last week, when its stock value had the single largest daily drop in the company’s history. In just one day, the value of RACE shares closed down by 15%. Does this mean trouble for the Luxury market?

Read more on what this means for Ferrari and the greater luxury market…

[Read more…] about Ferrari Stock Crashes After Company Forecasts Slowing Growth; Has Luxury Run Off the Road?

Filed Under: Feature, Financial, Luxury, Marketing, News, Statistics Tagged With: Ferrari, luxury market

With Sound United Gone, Masimo Files SEC Report Recasting Last 3 Years of Financials

October 2, 2025 by Ted Leave a Comment

Masimo website

With the final closing of its sale of Sound United to Harman International, Masimo Corporation (Nasdaq: MASI) has now submitted a Form 8-K/A with the Securities and Exchange Commission (SEC), which seeks to provide recast financials for its last three years, taking Sound United out of its numbers. Masimo also revealed the impact of some last-minute adjustments, as per its agreement with Harman.

Why would Masimo do this? Read on…

[Read more…] about With Sound United Gone, Masimo Files SEC Report Recasting Last 3 Years of Financials

Filed Under: Financial Tagged With: Harman, Masimo, Sound United

Masimo Completes Sale of Sound United to Harman International

September 23, 2025 by Ted 2 Comments

Sound United presentation at CEDIA Expo 2025
Sound United presentation to media at CEDIA Expo 2025 [Click to enlarge]

The long-awaited closing of Masimo Corp.’s (NASDAQ: MASI) sale of Sound United (formerly Masimo Consumer) to Harman International, a subsidiary of Samsung Electronics, has been formally completed. Both parties of the transaction put out their own separate announcements, with Masimo’s version quite short and perfunctory, while Harman’s gave little more than an inkling of what is to become of Sound United.

Learn all about the completion of the sale of Sound United…

[Read more…] about Masimo Completes Sale of Sound United to Harman International

Filed Under: Feature, Financial, Management, Manufacturers, News, Strategy Tagged With: Harman, Masimo, Sound United

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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