Sandbrook Capital Partners Q1 2024 Letter

Weekly Report: what happened at ZGN last week (0408-0412)?

Buoyant Outlook for Ermenegildo Zegna: A Comprehensive Buy Rating Amidst Robust Growth Forecasts and Strategic Acquisitions

Ermenegildo Zegna: Unjustified Sell-Off (Rating Upgrade)

Ermenegildo Zegna N.V. Released its Q4 and provided lower estimates on the Q1 sales. The company is back in buy territory after a 20% stock price drop. The Lab believes the sell-off is unjustified, given the company's long-term growth potential. The luxury brand falls into the quiet luxury category.

Ermenegildo Zegna: Positive On The Medium Term Outlook

Ermenegildo Zegna is recommended as a buy, with a focus on targeting loyal and high-spending customers and shifting away from wholesale. The Thom Browne brand is undergoing strategic rationalization of the wholesale division. ZGN reported its FY23 results 3 days ago. The company is targeting 10% sales CAGR over the medium term.

Weekly Report: what happened at ZGN last week (0401-0405)?

Maintaining Buy Rating on Ermenegildo Zegna: Strong Fundamentals and Attractive Valuation Despite Price Adjustment

Ermenegildo Zegna Full Year 2023 Earnings: EPS Beats Expectations

Ermenegildo Zegna reported a rise in revenue of 26% to €1.90b. Earnings per share surpassed analyst estimates by 14%. The company's shares are down 18% from a week ago. Revenue is forecast to grow 6.3% in the next 3 years. We look at the company's balance sheet to see how the company is performing.

Zegna’s Balancing Act: Navigating Brand Prestige, Health Crises, and Global Uncertainties in the Luxury Market

Why Ermenegildo Zegna Stock Was Falling Today

Shares of Ermenegildo Zegna are down 14.35% after the fashion company posted disappointing full-year earnings results. The company's operating margin and profit margins shrunk in the second half of the year. The Milan-based fashion label reported strong growth in 2023.

XXII, GRIN and XTIA are among mid-day movers

On the Move XXII, GRIN and XTIA are among mid-day movers. MediaCo Holding and 22nd Century Group are among the biggest gainers. NewGenIvf, Kenon and HWH are among those losing ground in the biotech sector.

S&P 500 Gains Over 1%; GCT Semiconductor Shares Spike Higher

U.S. Stocks traded higher toward the end of trading on Friday, with the Nasdaq Composite gaining more than 200 points. The Dow traded up 0.89% to 38,941.18 while the NASDAQ rose 1.26%. MediaCo Holding Inc. Shares shot up 190% on Friday after the company reported better-than-expected quarterly results. U.s. Employers added 303,000 nonfarm payrolls in March, easing the unemployment rate to 3.8%. Euro zone European shares closed lower today.

BUZZ-U.S. STOCKS ON THE MOVE-Tesla, Arch Capital, US energy sector

Wall Street's main stock indexes rose on Friday after a strong jobs report. Top three S&P 500 percentage gainers: Constellation Energy, Newmont and GE Aerospace. The top three NYSE percentage losers: Tesla, Arch Capital and Carnival. Arch Capital up on $450 million deal to buy some US insurance businesses.

Why Byrna Technologies Shares Are Trading Higher By Around 7%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Byrna Technologies shares jumped 7.1% to $14.74 on Friday. The company reported better-than-expected first-quarter revenue and announced a CFO transition. MediaCo Holding Inc. Shares jumped 141.7% in today's mid-day session.

12 Consumer Discretionary Stocks Moving In Friday's Intraday Session

Fitell (NASDAQ:FTEL) shares rose 16.4% to $8.53 during Friday's regular session. E-Home Household Service stock rose 15.51%. Dogness (Intl) and PlayAGS stock moved upwards by 16.1% and 10.2% respectively. Losers Jiuzi Hldgs and Allurion Technologies were among the losers.

BUZZ-U.S. STOCKS ON THE MOVE-Trump Media & Technology, gold miners, Tesla

Wall Street's main stock indexes rose on Friday after stronger-than-expected March jobs data. The Dow Jones Industrial Average was up 0.89% and the S&P 500 was up 1.15%. Trump Media & Technology, gold miners, Tesla are among the day's losers.

Gold Surges Over 1%; Biodesix Shares Plummet

U.S. Stocks traded higher midway through trading on Friday. The Dow traded up 1.01% and the Nasdaq Composite gained more than 200 points. MediaCo Holding Inc. Shares shot up 207% on Friday as the company announced a deal in Saudi Arabia. U.S., employers added 303,000 nonfarm payrolls in March, easing the unemployment rate to 3.8%. Asian markets closed mixed and European shares were lower.

Ermenegildo Zegna Becomes Oversold (ZGN)

Ermenegildo Zegna reports FY results

Ermenegildo Zegna reports FY profit of €135.7 million, up 107.8% from FY 2022. Revenues of €1,904.5 million are up 27.6% from fiscal year 2022. The company's shares are down 1.7% in pre-market.

AGS and RENT among Consumer Discretionary movers

On the Move Consumer AGS and RENT among Consumer Discretionary movers. E-Home Household Service Holdings (EJH) and PlayAGS are among the Gainers. HWH International (HWH) and Rent the Runway (RENT) are losers.