Latest news for Unicharm (OTC:UNICY) Stock

UNICHARM CORP/S ADR

Unicharm

Focusing on personal hygiene products utilizing non-woven fabric, Unicharm is the largest manufacturer of disposable baby diapers, feminine sanitary, and adult incontinence products in Japan and Asia. Its personal-care business accounted for 86% of its sales as of 2021, with the balance from mainly the pet care. Unicharm generates 62% sales from overseas, of which nearly three quarters of sales are from Asia, mostly China, Indonesia and Thailand. India, followed by Vietnam, is the fastest rising market. Outside Asia, it also operates in Saudi Arabia, Americas and Europe. Drugstores, supermarkets, baby product specialty stores as well as e-commerce are the key sales channels.

Short Ideas

Trading Ideas

UNICY

On Monday, shares of Unicharm Corp (OTC: UNICY) experienced volatile short activity. After the activity, the stock price went down -1.83% to $7.53.

The overall sentiment for UNICY has been Bearish.

Short Volatility Alert: Unicharm Corp

Unicharm Corp

Unicycive Therapeutics, Inc. - Common Stock

Unicycive Therapeutics Inc

HMN Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HMNF#NASDAQ">HMNF</a>) reported quarterly earnings of $0.22 per share. This is a 31.25 percent decrease over earnings of $0.32 per share from the same period last year. The company reported $9.70 million in sales this quarter. This is a 0.02 percent increase over sales of $9.70 million the same period last year.

Earnings

News

HMNF

HMN Finl Q2 EPS $0.22 Down From $0.32 YoY, Sales $9.702M Up From $9.70M YoY

With U.S. stock futures trading lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) to report quarterly earnings at $1.85 per share on revenue of $84.20 billion after the closing bell. Alphabet shares rose 0.1% to $181.93 in after-hours trading.</li>
<li>Analysts expect Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) to post quarterly earnings at 62 cents per share on revenue of $24.73 billion. The company will release earnings after the markets close. Tesla shares rose 0.04% to $251.60 in after-hours trading.</li>
<li>Logitech International S.A. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOGI#NASDAQ">LOGI</a>) reported better-than-expected results for its first quarter and raised its full-year guidance. Logitech shares gained 0.5% to $92.49 in the after-hours trading session.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Before the markets open, The Coca-Cola Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) is projected to post quarterly earnings at 81 cents per share on revenue of $11.75 billion. Coca-Cola shares fell 0.2% to $64.67 in the after-hours trading session.</li>
<li>Analysts expect General Motors Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) to post quarterly earnings at $2.72 per share on revenue of $45.30 billion before the opening bell. General Motors shares rose 1.2% to $50.15 in after-hours trading.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/07/39881674/top-4-tech-stocks-that-may-explode-in-july">Top 4 Tech Stocks That May Explode In July</a></li>
</ul>
Photo courtesy: Shutterstock

Pre-Market Outlook

Markets

GOOG

GOOGL

LOGI

TSLA

Tesla, Alphabet And 3 Stocks To Watch Heading Into Tuesday

Sen. Cynthia Lummis (R-Wyo.), a known cryptocurrency and Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) advocate, piqued the interest of the broader community with a cryptic post.
What Happened: On Monday, Senator Lummis took to X to say, &#8220;Big things are in store this week. Stay tuned!&#8221; What grabbed everyone&#8217;s attention was the way in which the first letter of the sentence, &#8216;₿&#8216; was written, symbolizing Bitcoin.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">₿ig things are in store this week. Stay tuned!
&mdash; Senator Cynthia Lummis (@SenLummis) <a href="https://twitter.com/SenLummis/status/1815407223079637074?ref_src=twsrc%5Etfw">July 22, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39872368/mark-cuban-says-trumps-re-election-wont-impact-bitcoins-price-dogecoin-killer-shiba-inus-b?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Cuban Says Trump&#8217;s Re-Election Won&#8217;t Impact Bitcoin&#8217;s Price, &#8216;Dogecoin Killer&#8217; Shiba Inu&#8217;s Burn Rate</a>
In no time, Lummis&#8217; comment feed was flooded with maximalists who interpreted the signal as a hint about Republican nominee Donald Trump&#8217;s potential proclamation of Bitcoin as a strategic reserve asset if he returns to power. <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39897980/potential-trump-victory-could-stir-bitcoin-market-bernstein-analysts-predict-implications-">Rumors of such a possibility</a> are already floating around. 
Why It Matters: The senator&#8217;s mysterious post comes days after she<a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39865585/bitcoin-unaffected-by-global-it-outage-prediction-markets-dont-see-quick-resolution"> praised Bitcoin&#8217;s resilience amid the global IT outage that paralyzed many systems</a>. She said, &#8220;Do you know what form of currency hasn't been affected by widespread cyber outages? Bitcoin.&#8221;
Previously, Lummis had <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39470508/senator-cynthia-lummis-applauds-state-led-bitcoin-rights-laws-this-is-why-bitcoiners-shoul">applauded state-led Bitcoin rights laws,</a> emphasizing the importance of states&#8217; rights in the cryptocurrency landscape. She had lauded the passing of a law aimed at defending Bitcoin rights and banning Central Bank Digital Currencies in Louisiana.
Price Action: At the time of writing, Bitcoin was exchanging hands at $66,457.77, down 1.66% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. 
Photo Courtesy: Wikimedia Commons
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39877439/elon-musk-jokes-hes-an-alien-scientist-with-a-japanese-pseudonym-but-dogecoin-designer-cla?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">P</a><a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39897980/potential-trump-victory-could-stir-bitcoin-market-bernstein-analysts-predict-implications-">otential Trump Victory Could Stir Bitcoin Market, Bernstein Analysts Predict — Implications For These Seven Crypto Stocks Outlined</a></li>
</ul>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Politics

$BTC

Pro-Bitcoin Senator Cynthia Lummis Stirs Crypto Community With 'Big Things Are In Store This Week' Message

Tesla Cybertruck customers have been trying a variety of wraps on their otherwise stainless steel vehicle, many of which company CEO Elon Musk seems to like. 
What Happened: A few weeks ago, Utah-based Macie, who wraps, tints, and details vehicles, shared a small video of a Cybertruck wrapped in aquamarine which glints purple and blue when hit by light. 
&#8220;The easiest car I've ever wrapped,&#8221; Macie, who goes by the username &#8220;Utah County Customs,&#8221; wrote. Macie has previously posted videos of her wrapping and detailing multiple cars including a Toyota 4Runner, and even a 1991 GMC Syclone.
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="1003" height="899" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/23014744/image-35.png" alt="" class="wp-image-450223" style="width:541px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/23014744/image-35.png 1003w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/23014744/image-35-300x269.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/23014744/image-35-768x688.png 768w" sizes="(max-width: 1003px) 100vw, 1003px" /></figure>
Musk responded to the video of the glinting Cybertruck on social media platform X, terming it &#8220;Cool.&#8221;
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<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Cool
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1815604905979089266?ref_src=twsrc%5Etfw">July 23, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: The Cybertruck&#8217;s stainless steel body allows no exterior paint. However, customers can wrap the truck with either wraps available at Tesla&#8217;s online shop or more individualistic wraps from third-party customizers.
Several interestingly wrapped Cybertrucks have emerged on roads and social media to date. While celebrity couple Jay-Z and Beyoncé wrapped their <a href="https://www.benzinga.com/general/entertainment/24/02/37406396/jay-z-beyonc-personalize-their-cybertruck-elon-musk-reacts">Cybertruck in matte black</a>, Mexican entrepreneur Alejandro Salomon designed his vehicle wrap after the <a href="https://www.benzinga.com/news/24/05/38628243/elon-musk-impressed-by-tesla-cybertrucks-world-war-2-inspired-wrap-cool">P-51 Mustang Bomber</a>.
Rapper Lil Baby designed his vehicle wrap to <a href="https://www.benzinga.com/news/24/07/39613831/elon-musk-thinks-cybertruck-wrap-resembling-marvel-superhero-deadpool-looks-cool">resemble a big apple </a>and footballer Isaiah Simmons wrapped it in <a href="https://www.benzinga.com/news/24/06/39562595/elon-musk-reacts-to-footballer-isaiah-simmons-white-tesla-cybertruck-parked-up-in-manhattan-nice">matte white with white wheel caps</a>. Elon Musk responded to these, terming them &#8220;cool&#8221; and &#8220;nice.&#8221;
Tesla&#8217;s online shop also provides different color paint films to wrap the vehicle, including stealth black, rose gold, and even abyss blue. The colored wraps are priced between $6,000 and $6,500. A clear paint film, meanwhile, is priced at $5,000.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read More:
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39880470/elon-musk-pushes-back-optimus-timeline-says-teslas-humanoid-robot-will-hopefully-be-available-for-ot">Elon Musk Pushes Back Optimus Timeline, Says Tesla&#8217;s Humanoid Robot Will &#8216;Hopefully&#8217; Be Available For Other Companies By 2026</a></li>
</ul>
Photo courtesy: Shutterstock

Tech

From Matte Black To Aquamarine Blue: Tesla Cybertruck Wraps Turn Heads And Win CEO Elon Musk's Approval

For the full year 2024, the Company expects:
&nbsp;
<table align="center">
<tbody>
<tr>
<td>&nbsp;</td>
<td>Updated Guidance</td>
<td>Prior Guidance</td>
</tr>
<tr>
<td>Full Year 2024 Guidance</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td>ASM growth (YoY)</td>
<td>~ -14%</td>
<td>-16% to -18%</td>
</tr>
<tr>
<td>EBITDAR margin</td>
<td>32% to 34%</td>
<td>32% to 34%</td>
</tr>
<tr>
<td>CAPEX&nbsp;(2)</td>
<td>$400 million</td>
<td>$400 million</td>
</tr>
<tr>
<td>Average USD/MXN rate</td>
<td>Ps.17.80 to 18.00</td>
<td>Ps.17.30 to 17.50</td>
</tr>
<tr>
<td>Average U.S. Gulf Coast jet fuel price</td>
<td>$2.60 to $2.70</td>
<td>$2.60 to $2.70</td>
</tr>
</tbody>
</table>

Guidance

VLRS

Volaris Updates 2024 Guidance, Anticipates ASM Growth (YoY) Of About -14% And An EBITDAR Margin Of 32%-34%

2024 Guidance
For the third quarter of 2024, the Company expects:
&nbsp;
<table align="center">
<tbody>
<tr>
<td>&nbsp;</td>
<td>3Q&rsquo;24</td>
<td colspan="3">3Q&rsquo;23&nbsp;(1)</td>
</tr>
<tr>
<td>3Q&rsquo;24 Guidance</td>
<td>&nbsp;</td>
<td colspan="3">&nbsp;</td>
</tr>
<tr>
<td>ASM growth (YoY)</td>
<td>~ -14%</td>
<td colspan="3">+8.2%</td>
</tr>
<tr>
<td>TRASM</td>
<td>~$9.3 cents</td>
<td colspan="3">$8.37 cents</td>
</tr>
<tr>
<td>CASM ex fuel</td>
<td>~$5.6 cents</td>
<td colspan="3">$4.91 cents</td>
</tr>
<tr>
<td>EBITDAR margin</td>
<td>~33%</td>
<td colspan="3">24.4%</td>
</tr>
<tr>
<td>Average USD/MXN rate</td>
<td>Ps.18.40 to 18.60</td>
<td colspan="3">Ps.17.06</td>
</tr>
<tr>
<td>Average U.S. Gulf Coast jet fuel price</td>
<td>$2.60 to $2.70</td>
<td colspan="3">$2.77</td>
</tr>
</tbody>
</table>
(1) For convenience purposes, actual reported figures for 3Q&#39;23 are included.

Volaris Provides Q3 Guidance: Expects ASM (YoY) Of About -14%, TRASM Of ~$9.3 Cents, CASM Excluding Fuel Of ~$5.6 Cents, And An EBITDAR Margin Of ~33%

The U.S. government was seen moving millions in Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) to cryptocurrency exchange Coinbase, sparking speculations about the true motivation behind the transfer.
What Happened: According to on-chain data, a wallet linked to the U.S. government deposited 58.74 BTC, worth nearly $4 million, to Coinbase Prime &#8211; a brokerage platform meant for institutional investors.&nbsp;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The US Government deposited another 58.74 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> ($3.96M) to <a href="https://twitter.com/hashtag/CoinbasePrime?src=hash&amp;ref_src=twsrc%5Etfw">#CoinbasePrime</a> 7 hours ago. So far in 2024, the US government has moved out 6,261 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> at ~$62,538 ($392M), mostly after the price rose in late Feb. Among those tokens, 5,999 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> ($376M) went to Coinbase. The US… <a href="https://t.co/T2o9YKPY10">pic.twitter.com/T2o9YKPY10</a>
&mdash; Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1815561700810350939?ref_src=twsrc%5Etfw">July 23, 2024</a></blockquote>
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It is unclear whether the government&#8217;s goal is to unload the holdings or if it is simply a routine fund management exercise.
Additional data shows that the funds were seized by the U.S. Department of Justice from <a href="https://www.justice.gov/usao-md/pr/father-and-son-sentenced-laundering-drug-trafficking-bitcoin-proceeds-intended-federal">Ryan Farace</a> who was convicted for selling Xanax tablets through Bitcoin on darknet marketplaces.
With the latest transfer, the wallet tied to the Farace Seizure has been emptied. 
See Also:<a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39359780/dogecoin-shiba-inu-floki-are-dino-coins-says-trader-he-likes-these-3-other-meme-coins-as-b?itm_source=parsely-api"> </a>Dogecoin Up 15% In 7 Days And One Indicator Shows It May Be &#8216;Primed For An Aggressive Up Move&#8217;
Why It Matters: The U.S. government has moved out as many as 6,261 state-owned Bitcoins, worth $392 million, in 2024, most of them after the price began to rise in February.
As of this writing, the government still holds more than 213,000 Bitcoin, worth more than $14 billion as per current market prices.&nbsp;
These transfers occur as anticipation grows that Republican presidential candidate Donald Trump <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39897980/potential-trump-victory-could-stir-bitcoin-market-bernstein-analysts-predict-implications-">may announce Bitcoin as a strategic reserve asset</a> in the upcoming Bitcoin Conference.&nbsp;
Dennis Porter, CEO and Co-Founder of Satoshi Act Fund, has also <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39866338/bitcoin-as-a-strategic-reserve-asset-for-the-us-expert-details-how-trump-could-make-it-hap">suggested adding Bitcoin as a reserve asset</a> to stabilize the value of the U.S. dollar.
Price Action: At the time of writing, Bitcoin was exchanging hands at $66,827.55, down 1.56% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. 
Image via Shutterstock
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39897980/potential-trump-victory-could-stir-bitcoin-market-bernstein-analysts-predict-implications-">Potential Trump Victory Could Stir Bitcoin Market, Bernstein Analysts Predict — Implications For These Seven Crypto Stocks Outlined</a></li>
</ul>

Bitcoin Worth Millions Moved By US Government Amid Rumors Of Strategic Reserve Asset Endorsement

Controladora Vuela (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLRS#NYSE">VLRS</a>) reported quarterly earnings of $0.09 per share which beat the analyst consensus estimate of $0.05 by 80 percent. This is a 80 percent increase over earnings of $0.05 per share from the same period last year. The company reported quarterly sales of $726.000 million which missed the analyst consensus estimate of $741.970 million by 2.15 percent. This is a 7.16 percent decrease over sales of $782.000 million the same period last year.

Earnings Beats

Earnings Misses

Controladora Vuela Q2 2024 GAAP EPS $0.09 Beats $0.05 Estimate, Sales $726.000M Miss $741.970M Estimate

CPAC

Reported Late Monday, Cementos Pacasmayo Q2 EPS S/0.09 Down From S/0.10 YoY; Sales S/457.1M Up From S/442M YoY

The all-cash transaction represents a multiple of approximately 15x the projected EBITDA at full utilization and is expected to close in 2H 2024, subject to customary closing conditions.

EQIX

Equinix To Acquire Three High-Performance Data Centers In The Philippines, Strengthening Southeast Asia Presence

Revised&nbsp;Guidance
In accordance with the results as of June 30, 2024, as well as traffic growth expectations, the Company updates the growth&nbsp;guidance&nbsp;for the year 2024:
<table>
<tbody>
<tr>
<td>GUIDANCE</td>
<td>2024 vs 2023</td>
</tr>
<tr>
<td>Passenger traffic</td>
<td>(5%) - (3%)</td>
</tr>
<tr>
<td>Aeronautical revenues</td>
<td>(4%) - (2%)</td>
</tr>
<tr>
<td>Non-aeronautical revenues</td>
<td>20%&nbsp;-&nbsp;22%</td>
</tr>
<tr>
<td>Total Revenue</td>
<td>2%&nbsp;-&nbsp;4%</td>
</tr>
<tr>
<td>EBITDA</td>
<td>(1%) -&nbsp;1%</td>
</tr>
<tr>
<td>Margin EBITDA</td>
<td>67%&nbsp;+-&nbsp;1%</td>
</tr>
<tr>
<td>CAPEX</td>
<td>Ps. 9.0 billion</td>
</tr>
</tbody>
</table>

Grupo Aeroportuario del Pacífico For 2024 Expects Total Revenue Growth Of 2%-4%, And Passenger Traffic Of (5%) - (3%)

Grupo Aeroportuario del (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAC#NYSE">PAC</a>) reported quarterly earnings of $3.46 per share which beat the analyst consensus estimate of $3.01 by 14.92 percent. This is a 45.95 percent increase over earnings of $2.37 per share from the same period last year. The company reported quarterly sales of $421.466 million which missed the analyst consensus estimate of $454.752 million by 7.32 percent. This is a 10.85 percent decrease over sales of $472.780 million the same period last year.

Grupo Aeroportuario del Q2 2024 GAAP EPADS $3.46 Beats $3.01 Estimate, Sales $421.466M Miss $454.752M Estimate

Norsk Hydro (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NHYDY#OTC">NHYDY</a>) reported quarterly earnings of $0.09 per share which beat the analyst consensus estimate of $0.07 by 30 percent. This is a 44.85 percent decrease over earnings of $0.17 per share from the same period last year. The company reported quarterly sales of $4.78 billion which beat the analyst consensus estimate of $4.74 billion by 0.91 percent. This is a 4.53 percent decrease over sales of $5.01 billion the same period last year.

NHYDY

Norsk Hydro Q2 EPS $0.09 Beats $0.07 Estimate, Sales $4.78B Beat $4.74B Estimate

Amazon.com Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) strategy of selling its Echo devices at low prices in the hope of generating profits elsewhere within the company has not yielded the expected results. The company has incurred billions in losses as a result.
What Happened: Amazon&#8217;s Echo devices, which feature the Alexa voice assistant, have been a popular choice for millions of customers. However, the company&#8217;s plan to capitalize on the devices&#8217; popularity by driving sales on its e-commerce platform has not panned out, <a href="https://www.wsj.com/tech/amazon-alexa-devices-echo-losses-strategy-25f2581a?mod=latest_headlines">reported</a> The Wall Street Journal on Monday, citing internal documents and people familiar with the business.
Customers primarily utilized the Echo for free applications like setting alarms and checking the weather. "We worried we've hired 10,000 people and we've built a smart timer," remarked a former senior employee, according to the report.
Amazon&#8217;s devices business, which includes Echos, Kindles, Fire TV Sticks, and video doorbells, has incurred losses of over $25 billion between 2017 and 2021. This is a significant miscalculation made under the leadership of founder Jeff Bezos, which current CEO Andy Jassy is working to rectify, according to the documents.
As part of the plan to reverse these losses, Amazon is set to launch a paid tier of Alexa this month. This move, however, is met with skepticism by some of the engineers working on the project.
An Amazon spokesperson stated that the devices division has created several profitable ventures and is well-positioned for continued success, adding: "Hundreds of millions of Amazon devices are used by customers around the world, and to us, there is no greater measure of success."&nbsp;
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39872368/mark-cuban-says-trumps-re-election-wont-impact-bitcoins-price-dogecoin-killer-shiba-inus-b?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Cuban Says Trump&#8217;s Re-Election Won&#8217;t Impact Bitcoin&#8217;s Price, &#8216;Dogecoin Killer&#8217; Shiba Inu&#8217;s Burn Rate Increases And More: This Week In Cryptocurrency</a>
Jassy is also re-evaluating the obscure Bezos-era metric called &#8220;downstream impact&#8221; inside Amazon, which assigns a financial value to a product or service based on how customers spend within Amazon&#8217;s ecosystem after they buy it, according to the report. 
This metric, developed in 2011, has been used across Amazon&#8217;s business lines and has been successful in some instances, such as with the Kindle e-reader. However, it has not worked as intended for devices like the Echo.
Why It Matters: Amazon&#8217;s struggles with its devices business come at a time when the company is making significant changes to its Alexa service. In June, it was reported that Amazon was planning a <a href="https://www.benzinga.com/markets/equities/24/06/39433128/amazon-plans-major-alexa-overhaul-with-ai-powered-features-report">major overhaul of its Alexa service</a>, integrating conversational generative AI. This project, known internally as &#8220;Banyan,&#8221; was set to introduce a two-tier system with a premium version potentially costing around $5 monthly.
The Seattle-based company planned to <a href="https://www.benzinga.com/news/24/05/38965886/amazons-generative-ai-upgrade-for-alexa-what-investors-need-to-know">launch a more conversational version of Alexa</a> later in the year, potentially positioning it to better compete with new generative AI-powered chatbots from companies including Alphabet Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) subsidiary Google, and OpenAI.
Additionally, Amazon&#8217;s original book business has seen a resurgence, generating $16.9 billion in gross merchandise sales in the <a href="https://www.benzinga.com/markets/equities/24/06/39427936/jeff-bezos-original-book-business-at-amazon-garnered-16-9b-in-10-months-with-more-than-half-of-i">first 10 months of 2022</a>. This success contrasts with the financial struggles of its devices business, highlighting the diverse performance across Amazon&#8217;s various sectors.
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Image Via Shutterstock 
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

Equities

Management

AMZN

Jeff Bezos-Era 'Downstream Impact' Losing Its Mojo? Amazon CEO Andy Jassy Is Reportedly Rethinking Alexa Devices Business Model Resulting In Billions Worth Of Losses

<ul>
<li>Released as part of this year&#39;s global Barbie Fashionistas lineup, Barbie partnered with the American Foundation for the Blind and National Down Syndrome Society to ensure doll designs accurately reflect the community they are designed to represent</li>
</ul>

Mattel Unveils First-Ever Blind Barbie And Black Barbie With Down Syndrome, Promoting Diversity And Inclusion In Children's Toys

A week before the <a href="https://www.benzinga.com/markets/equities/24/07/39789294/alibabas-ai-tool-powers-paris-olympics-carbon-neutral-efforts-report">2024 Summer Olympics</a> commences,&nbsp;Apple Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) announced <a href="https://www.benzinga.com/news/24/03/37950998/apple-might-finally-introduce-this-much-requested-maps-feature-in-ios-18">significant updates</a> to its Maps app and other features.
What Happened: Apple has revamped its Maps app for Paris, the host city of&nbsp;the 2024 Summer Olympics, scheduled to commence on July 26. 
The update includes 3D landmarks of all permanent venues and detailed renderings of iconic sites. The Maps&nbsp;app will also display pop-up locations, including&nbsp;temporary venues, souvenir shops, and&nbsp;public gathering sites.
See Also:&nbsp;<a href="https://www.benzinga.com/top-stories/24/07/39883235/can-tesla-q2-earnings-spark-a-golden-cross-heres-what-the-charts-indicate?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Can Tesla Q2 Earnings Spark A Golden Cross? Here&#8217;s What The Charts Indicate</a>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Apple Maps has just been updated for <a href="https://twitter.com/hashtag/Paris2024?src=hash&amp;ref_src=twsrc%5Etfw">#Paris2024</a> Summer Olympics. &#x1f633; New update includes stunning 3D models of Olympic venues, including temporary ones. Here are my favorites &#x1f447; <a href="https://t.co/UC0mooAPQl">pic.twitter.com/UC0mooAPQl</a>
&mdash; Nikias Molina (@NikiasMolina) <a href="https://twitter.com/NikiasMolina/status/1815328485864325228?ref_src=twsrc%5Etfw">July 22, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Apple Maps will also provide real-time&nbsp;updates on road closures, advisories due to the games, and&nbsp;curated Maps Guides for restaurants,&nbsp;hotels, and shopping.
The tech giant plans to spotlight&nbsp;popular events like gymnastics and swimming in the App Store and recommends users&nbsp;download the official Paris 2024&nbsp;Olympics app.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: This move by Apple comes after a series of significant developments in its mapping services. Last year in September, during the antitrust trial against Google, it was revealed that <a href="https://www.benzinga.com/news/23/09/34745455/googles-map-dominance-crumbles-as-apple-maps-surges-on-iphones-reveals-finance-vp">Apple Maps saw a surge in usage on iPhones</a>.
This led to a significant decline in Google&#8217;s map usage on Apple devices. This shift resulted from Apple replacing Google Maps with its native app on iPhones.
The Summer Olympics are set to commence next Friday with the Opening Ceremony scheduled for 1:30 p.m. Eastern Time (7:30 p.m. Paris time). The competitions will run through August 11.
Check out more of Benzinga&#8217;s Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Image via CardMapr/ Unsplash
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

AAPL

Apple Maps Adds 'Wow' Factor To 2024 Summer Olympics By Adding 3D Models Of All Venues In Paris

Independent presidential candidate Robert F. Kennedy Jr. reportedly engaged in discussions with former President Donald Trump about endorsing his campaign and potentially taking up a senior role in a second Trump administration.
What Happened: Kennedy, who is running as an independent candidate, held talks with Trump about endorsing his campaign and potentially taking up a senior role in a Trump administration, The Washington Post <a href="https://www.washingtonpost.com/politics/2024/07/22/rfk-jr-floated-job-trump-white-house-he-weighed-endorsing-trump/">reported</a>, citing four people familiar with the matter. 
These discussions took place shortly after an assassination attempt on Trump during a rally on Jul. 13.
Despite the talks, no formal agreement was reached, with concerns within Trump&#8217;s circle about the implications of offering a job in exchange for a political endorsement. Kennedy, a vocal critic of vaccines, expressed his willingness to discuss children&#8217;s health and the chronic disease epidemic with any political party.
Trump and Kennedy also discussed the possibility of Kennedy leaving the presidential race and endorsing Trump. However, Trump&#8217;s advisers expressed reservations about appointing Kennedy, given his stance on vaccines.
Kennedy stated his willingness to discuss children&#8217;s health with any political party, noting that Trump has been more receptive to him than the Democratic National Committee. &#8220;I have a lot of respect for President Trump for reaching out to me,&#8221; Kennedy said in an interview on Monday.
Trump&#8217;s campaign spokeswoman, Danielle Alvarez, confirmed the meeting, stating "President Trump met with RFK and they had a conversation about the issues just as he does regularly with important figures in business and politics because they all recognize he will be the next president of the United States."
Team Kennedy did not immediately respond to&nbsp;<a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga</a>'s request for comment.
See Also: <a href="https://www.benzinga.com/news/24/07/39875181/trump-wants-republicans-reimbursed-after-biden-quits-we-have-to-start-all-over-again?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Wants Republicans Reimbursed After Biden Quits: &#8216;We Have To Start All Over Again&#8217;</a>
Why It Matters: Kennedy&#8217;s campaign has reportedly faced <a href="https://www.benzinga.com/markets/equities/24/07/39871966/kennedys-campaign-still-in-the-red-despite-running-mate-shanahans-2-5m-boost-will-he-exit-the-pr">significant financial challenges</a>, despite a $2.5 million boost from his running mate, Nicole Shanahan. The campaign raised nearly $5.4 million but spent over $6.2 million, highlighting ongoing financial hurdles. 
Additionally, President Joe Biden recently announced his withdrawal from <a href="https://www.benzinga.com/news/24/07/39874154/bidens-exit-from-presidential-race-sparks-massive-reactions-from-first-lady-gavin-newsom-marjorie-ta">the 2024 presidential race</a>, sparking reactions from various political figures and introducing new uncertainties into the election.
Biden&#8217;s exit has introduced new uncertainties into the election, causing traders to reassess their market positions. This has implications for the so-called &#8220;Trump trade,&#8221; which refers to market strategies <a href="https://www.benzinga.com/news/24/07/39883677/investors-anticipate-unraveling-of-trump-trade-as-biden-exits-presidential-race-but-analyst-says-its">banking on stocks</a> that would likely benefit from a potential return of Trump to the White House.
Last week, a video of a phone call between Trump and Kennedy was posted on social media and later verified by Kennedy. Trump is heard saying, "I would love you to do something – and I think it would be so good for you and so big for you," seemingly <a href="https://www.benzinga.com/news/24/07/39807224/trump-told-robert-kennedy-jr-over-the-phone-that-the-bullet-felt-like-the-worlds-largest-mosquito">referring to the 2024 election race</a>.
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<li><a href="https://www.benzinga.com/news/24/07/39872063/political-strategist-says-these-three-democrats-could-replace-biden-in-the-presidential-race-and-vp?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Political Strategist Says These Three Democrats Could Replace Biden In The Presidential Race — And VP Harris Isn&#8217;t One Of Them</a></li>
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Image Via Shutterstock 
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

Robert Kennedy Jr. Eyes Role In Trump's Administration Amid Endorsement Chatter: Report

Outlook
Logitech raised its full-year&nbsp;outlook&nbsp;for Fiscal Year 2025:
<table cellspacing="0">
<tbody>
<tr>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
Previous FY25&nbsp;outlook
</td>
<td colspan="1" rowspan="1">
New FY25&nbsp;outlook
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Sales
</td>
<td colspan="1" rowspan="1">
$4.3&nbsp;-&nbsp;$4.4 billion
</td>
<td colspan="1" rowspan="1">
$4.34&nbsp;-&nbsp;$4.43 billion
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Sales growth (in US dollars, year over year)
</td>
<td colspan="1" rowspan="1">
0%&nbsp;-&nbsp;2%
</td>
<td colspan="1" rowspan="1">
1%&nbsp;-&nbsp;3%
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Non-GAAP operating income
</td>
<td colspan="1" rowspan="1">
$685&nbsp;-&nbsp;$715 million
</td>
<td colspan="1" rowspan="1">
$700&nbsp;-&nbsp;$730 million
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Non-GAAP op. inc. growth / (decline) (year over year)
</td>
<td colspan="1" rowspan="1">
(2)% -&nbsp;2%
</td>
<td colspan="1" rowspan="1">
0%&nbsp;-&nbsp;4%
</td>
</tr>
</tbody>
</table>

Logitech Raises 2025 Outlook, Now Expects Sales Of $4.34B-$4.43B (Prior $4.3B-$4.4B) Vs. $4.369B Consensus And Non-GAAP Operating Income Of $700M-$730M (Prior $685M-$715M)

Logitech International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOGI#NASDAQ">LOGI</a>) reported quarterly earnings of $1.13 per share which beat the analyst consensus estimate of $0.86 by 31.4 percent. This is a 73.85 percent increase over earnings of $0.65 per share from the same period last year. The company reported quarterly sales of $1.088 billion which beat the analyst consensus estimate of $1.035 billion by 5.14 percent. This is a 11.65 percent increase over sales of $974.500 million the same period last year.

Logitech International Q1 2025 Adj EPS $1.13 Beats $0.86 Estimate, Sales $1.088B Beat $1.035B Estimate

Tesla and SpaceX CEO Elon Musk has spoken about his stance against what he calls <a href="https://www.benzinga.com/news/24/03/37885051/elon-musk-says-google-infected-with-woke-mind-virus-after-search-engine-user-points-to-bloodbath-def">the &#8220;woke mind virus,&#8221;</a> sharing his experience with his son&#8217;s transition to a female identity.
What Happened: On Monday, during an interview with Dr. Jordan Peterson at his <a href="https://www.benzinga.com/news/24/06/39404789/drone-footage-reveals-tesla-giga-texas-expansion-work-to-house-50-000-nvidia-gpus-ceo-elon-musk-says" target="_blank" rel="noreferrer noopener">Tesla Gigafactory in Texas</a>, Musk <a href="https://www.benzinga.com/news/22/06/27787063/one-of-elon-musks-children-fighting-to-change-last-name-and-legally-declaring-gender-identity-report">expressed his disapproval</a> of one of his children, born Xavier Alexander Musk transitioning to Vivian Jenna Wilson. 
He labeled the practice of sex change procedures on children as &#8220;evil,&#8221; stating that he was &#8220;tricked&#8221; into consenting to puberty blockers for his child, which he described as &#8220;sterilization drugs.&#8221;
See Also: <a href="https://www.benzinga.com/top-stories/24/07/39883235/can-tesla-q2-earnings-spark-a-golden-cross-heres-what-the-charts-indicate?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Can Tesla Q2 Earnings Spark A Golden Cross? Here&#8217;s What The Charts Indicate</a>
&#8220;My son Xavier is dead, killed by the woke mind virus,&#8221; he stated, adding, &#8220;I vowed to destroy the woke mind virus after that&#8230; and we are making some progress.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">JUST IN: Elon Musk says his son is &quot;dead&quot; thanks to the woke mind virus after he was put on puberty blockers, says he vowed to &quot;destroy the woke mind virus after that.&quot; &#x1f525;&#x1f525; &quot;I was essentially tricked into signing documents for one of my older boys&#8230; This was before I had… <a href="https://t.co/wfWztIziTs">pic.twitter.com/wfWztIziTs</a>
&mdash; Collin Rugg (@CollinRugg) <a href="https://twitter.com/CollinRugg/status/1815496170334204202?ref_src=twsrc%5Etfw">July 22, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Vivian publicly identified as transgender in June 2022 and legally changed her name. She has also previously expressed a desire to sever all ties with her biological father.
Musk&#8217;s ex-wife, Justine Wilson, publicly supported their daughter&#8217;s decision, <a href="https://www.benzinga.com/news/22/06/27801710/elon-musks-ex-wife-speaks-out-on-daughters-name-change-heres-what-she-said">expressing her pride in Vivian&#8217;s courage</a>.
The relocation of SpaceX&#8217;s headquarters from California to Texas earlier this month may have been influenced by Musk&#8217;s <a href="https://www.benzinga.com/news/24/07/39804744/spacex-x-to-move-headquarters-from-california-to-texas-musk-calls-it-the-final-straw-criticizes-gov">opposition to the &#8220;woke&#8221; left</a>. 
The tech mogul criticized California Gov. Gavin Newsom (D-Calif.) following a new law that prevents schools from informing parents if their child identifies with a different gender or uses different pronouns than what&#8217;s on school records.
&#8220;I did make it clear to Governor Newsom about a year ago that laws of this nature would force families and companies to leave California to protect their children,&#8221; the tech billionaire said at the time.
Read Next: <a href="https://www.benzinga.com/news/24/07/39873131/apple-skips-tsmcs-2nm-chip-for-iphone-17-unveils-first-ios-18-public-beta-and-more-this-week-in-appl?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Apple Skips TSMC&#8217;s 2nm Chip For iPhone 17, Unveils First iOS 18 Public Beta And More: This Week In Appleverse</a>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Elon Musk Vowed To Destroy 'Woke Mind Virus' After Being 'Tricked' Into Signing Puberty Blocker Documents For His Child

Unicharm Corporation GAAP EPS of ¥102.99, revenue of ¥687.43B

These Consumer Defensive stocks are trading higher:-Real Good Food Company Inc (RGF) stock is trading at $2.00, a rise of $0.34, or 19.28%, on average volume.  The Real Good Food Company Inc C gets a Sentiment Score of Very Bearish from InvestorsObserver and receives an average analyst recommendation of Strong Buy with a p

Consumer Defensive Stocks Moving Up and Down Tuesday: RGF, LOCL, HIMS, LWAY, UNICY, BIG, YGF, DDL

The consumer goods industry is set to expand significantly due to strong consumer spending trends and expected interest rate cuts this year. Therefore, investors could consider buying fundamentally strong consumer goods stocks Unicharm (UNICY), Colgate-Palmolive (CL), and Acme United (ACU). Keep reading... Despite high interest rates, consumer spending has remained resilient, indicating a strong demand for goods and services. Additionally, central banks worldwide are expected to cut interest rates this year, which could further stimulate consumer spending and boost the demand for consumer goods.
Amid this favorable backdrop, it could be wise to consider buying fundamentally strong consumer goods stocks such as Unicharm Corporation (<a href="https://stocknews.com/stock/UNICY/">UNICY</a>), Colgate-Palmolive Company (<a href="https://stocknews.com/stock/CL/">CL</a>), and Acme United Corporation (<a href="https://stocknews.com/stock/ACU/">ACU</a>).
Before delving deeper into their fundamentals, let's take a closer look at why the consumer goods industry is worth looking at now.
Consumer spending rose <a href="https://www.reuters.com/markets/us/us-inflation-increases-moderately-february-consumer-spending-surges-2024-03-29/">0.8% in February</a>, the largest gain since January 2023. When adjusted for inflation, consumer spending rebounded 0.4% after dropping 0.2% in January. In March, the Consumer Confidence Index held steady at <a href="https://www.conference-board.org/topics/consumer-confidence">104.7</a>, nearly unchanged from the revised February figure of 104.8, indicating stable consumer sentiment.
The demand for consumer goods is likely to get a boost as the Federal Reserve is expected to consider cutting rates three times by the end of the year, driven by a slowly weakening jobs market and easing inflation. The rate cuts could stimulate economic activity, thereby benefiting the sector.
Moreover, consumers feel confident that inflation will ease and reduce the burden on their pockets. This was evidenced by the US Consumer Sentiment Index rising to its highest level in nearly three years. The University of Michigan's benchmark Consumer Sentiment Index rose to a final reading of <a href="https://www.reuters.com/markets/us/us-consumer-sentiment-tops-estimates-march-hit-nearly-3-yr-high-umich-says-2024-03-28/">79.4</a> in March.
Furthermore, the consumer goods sector could be a relatively safe investment choice. Companies in this space typically see steady product demand, allowing them to maintain their margins regardless of economic conditions. The global consumer goods industry is projected to reach $224.33 billion by 2032, growing at a <a href="https://market.us/reports/consumer-goods/">CAGR of 7.8%</a>.
Considering these conducive trends, let's analyze the fundamental aspects of the three <a href="https://stocknews.com/category/consumer-goods/">Consumer Goods</a> picks, beginning with the third choice.
Unicharm Corporation (<a href="https://stocknews.com/stock/UNICY/">UNICY</a>)
Headquartered in Tokyo, Japan, UNICY manufactures and sells wellness, feminine, baby and children, kirei, and pet care products internationally. The company offers baby and child care products, including disposable diapers and wipes, feminine care products, napkins, and wellness care products.
In terms of the trailing-12-month Capex / Sales, UNICY's 4.08% is 26.1% higher than the 3.24% industry average. Likewise, its 0.86x trailing-12-month <a href="https://www.investopedia.com/terms/a/assetturnover.asp">asset turnover ratio</a> is 4.3% higher than the industry average of 0.83x. Also, its 9.14% trailing-12-month net income margin is 80.1% higher than the industry average of 5.07%.
UNICY's net sales for the fiscal year ended December 31, 2023, increased 4.9% year-over-year to ¥9.42 billion ($62.18 million). The company's EBITDA rose 10.9% year-over-year to ¥1.79 billion ($11.82 million).
Also, its profit attributable to owners of the parent company and EPS grew 27.3% and 28% over the prior year's quarter to ¥861 million ($5.68 million) and ¥145.42, respectively.
Analysts expect UNICY's revenue for the quarter ending June 30, 2024, to increase 2.5% year-over-year to $1.68 billion. Over the past month, the stock has declined 3.9% to close the last trading session at $6.38.
UNICY's robust fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. It has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
It is ranked #12 out of 49 stocks in the B-rated <a href="https://stocknews.com/category/consumer-goods/">Consumer Goods</a> industry. It has a B grade for Stability and Quality. To access UNICY's grades for Growth, Value, Momentum, and Sentiment, <a href="https://stocknews.com/stock/UNICY/">click here</a>.
Colgate-Palmolive Company (<a href="https://stocknews.com/stock/CL/">CL</a>) 
CL and its subsidiaries manufacture and sell consumer products internationally. The company offers a wide range of oral, personal, home care, and pet nutrition products under various well-known brands worldwide. It operates through two segments: Oral, Personal, and Home Care; and Pet Nutrition.
In terms of the trailing-12-month gross profit margin, CL's 58.22% is 69.9% higher than the 34.27% industry average. Its 14.03% trailing-12-month Return on Total Assets is 183.1% higher than the 4.96% industry average. Additionally, its 455.45% trailing-12-month Return on Common Equity is considerably higher than the 11.46% industry average.
CL's net sales for the fourth quarter ended December 31, 2023, increased 6.9% year-over-year to $4.95 billion. The company's non-GAAP operating profit increased 14.1% year-over-year to $1.07 billion. Its adjusted net income attributable to CL rose 12.3% year-over-year to $720 million. Additionally, its non-GAAP earnings per share came in at $0.87, representing a 13% increase over the prior-year quarter.
For the quarter ended March 31, 2024, CL's EPS and revenue are expected to increase 11.6% and 3.9% year-over-year to $0.81 and $4.96 billion, respectively. It surpassed the Street EPS estimates in each of the trailing four quarters. Over the past six months, the stock has gained 25.2% to close the last trading session at $89.06.
CL's strong fundamentals are reflected in its POWR Ratings. It has an overall rating of B, equating to a Buy in our proprietary rating system.
It has an A grade for Quality and a B for Stability. It is ranked #10 in the same industry. To see CL's Growth, Value, Momentum, and Sentiment ratings, <a href="https://stocknews.com/stock/CL/">click here</a>.
Acme United Corporation (<a href="https://stocknews.com/stock/ACU/">ACU</a>) 
ACU supplies cutting, measuring, first aid, and sharpening products internationally to markets, including schools, homes, offices, hardware, sporting goods, and industrial sectors. The company offers various crafting tools under Westcott and cutting tools under the Clauss brand, including scissors, knives, rulers, etc.
In terms of the trailing-12-month net income margin, ACU's 9.29% is 57.7% higher than the 5.89% industry average. Likewise, its 12.82% trailing-12-month levered FCF margin is 98.2% higher than the 6.47% industry average. Furthermore, the stock's 20.11% trailing-12-month Return on Common Equity is 68.9% higher than the 11.91% industry average.
ACU's net sales for the fourth quarter ended December 31, 2023, amounted to $41.94 million. Its gross profit rose 16.5% year-over-year to $16.40 million. In addition, the company's adjusted net income and EPS stood at $11.21 million and $0.43, compared to an adjusted net loss and adjusted loss per share of $597 million and $0.17 in the year-ago quarter, respectively.
For fiscal 2024, ACU's revenue is expected to increase 6.9% year-over-year to $204.68 million. Its EPS for the quarter ended March 31, 2024, is expected to increase 110.7% year-over-year to $0.59.  Over the past year, the stock has gained 104.2% to close the last trading session at $46.96.
ACU's solid prospects are reflected in its POWR Ratings. It has an overall rating of B, translating to a Buy in our proprietary rating system.
It has a B grade for Growth, Value, and Quality. It is ranked #4 in the Consumer Goods industry. In total, we rate ACU on eight different levels. Beyond what we stated above, we also have given ACU grades for Momentum, Stability, and Sentiment. Get all the ACU's ratings <a href="https://stocknews.com/stock/ACU/">here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
CL shares were trading at $89.06 per share on Tuesday morning, down $0.00 (0.00%). Year-to-date, CL has gained 12.40%, versus a 9.23% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/cl-unicy-acu-3-consumer-good-stock-buys-soaring-beyond-expectations/>3 Consumer Goods Stock Buys Soaring Beyond Expectations</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Consumer Goods Stock Buys Soaring Beyond Expectations

Unicharm Corporation reports Q1 results

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Unicharm (OTCMKTS:<a href="https://investorplace.com/stock-quotes/unicy-stock-quote/">UNICY</a>) just reported results for the first quarter of 2024.<ul><li>Unicharm reported earnings per share of 4 cents. This was above the analyst estimate for EPS of -19 cents.</li><li>The company reported revenue of $1.59 billion.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/earning-results/2024/06/unicy-stock-earnings-unicharm-for-q1-of-2024/">UNICY Stock Earnings: Unicharm Beats EPS for Q1 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

UNICY Stock Earnings: Unicharm Beats EPS for Q1 2024

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Unicharm (OTC:<a class="ticker" href="https://www.benzinga.com/stock/UNICY#OTC">UNICY</a>) reported its Q4 earnings results on Wednesday, February 7, 2024 at 07:00 AM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
Unicharm beat estimated earnings by 137.5%, reporting an EPS of $0.06 versus an estimate of $-0.16.
Revenue was up $86.00 million from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company beat on EPS by $0.18 which was followed by a 4.58% drop in the share price the next day.

To track all earnings releases for Unicharm <a href="https://www.benzinga.com/quote/UNICY/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Recap: Unicharm Q4 Earnings

Unicharm (OTC:<a class="ticker" href="https://www.benzinga.com/stock/UNICY#OTC">UNICY</a>) is set to give its latest quarterly earnings report on Wednesday, 2024-02-07. Here's what investors need to know before the announcement.
Analysts estimate that Unicharm will report an earnings per share (EPS) of $-0.16. 
Unicharm bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company beat EPS by $0.18, which was followed by a 4.58% drop in the share price the next day.
Here's a look at Unicharm's past performance and the resulting price change:
<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>-0.120</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.062</td>
<td>0.045</td>
<td>0.042</td>
<td>0.036</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-4.58%</td>
<td>5.43%</td>
<td>1.49%</td>
<td>0.72%</td>
</tr>
</tbody>
</table>
<h3>Stock Performance</h3>
Shares of Unicharm were trading at $7.08 as of February 02. Over the last 52-week period, shares are down 7.45%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release. 
<a href="https://www.benzinga.com/quote/UNICY/earnings">To track all earnings releases for Unicharm visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Unicharm's Earnings: A Preview

Unicharm (OTC:<a class="ticker" href="https://www.benzinga.com/stock/UNICY#OTC">UNICY</a>) is set to give its latest quarterly earnings report on Wednesday, 2023-02-08. Here's what investors need to know before the announcement.
Analysts estimate that Unicharm will report an earnings per share (EPS) of $-0.24. 
Unicharm bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Here's a look at Unicharm's past performance and the resulting price change:
<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2022</th>
<th>Q2 2022</th>
<th>Q1 2022</th>
<th>Q4 2021</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.05</td>
<td>0.05</td>
<td>0.24</td>
<td>0.16</td>
</tr>
<tr>
<td>Price Change %</td>
<td>6.44%</td>
<td>-0.5%</td>
<td>3.9%</td>
<td>-4.32%</td>
</tr>
</tbody>
</table>
<h3>Stock Performance</h3>
Shares of Unicharm were trading at $7.48 as of February 06. Over the last 52-week period, shares are down 0.69%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release. 
<a href="https://www.benzinga.com/quote/UNICY/earnings">To track all earnings releases for Unicharm visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Preview For Unicharm

On Monday, shares of Unicharm Corp (OTC:<a class="ticker" href="https://www.benzinga.com/stock/UNICY#OTC">UNICY</a>) experienced volatile short activity. After the activity, the stock price went down -1.83% to $7.53.

The overall sentiment for UNICY has been Bearish.

The signal from the volatility alert is trending Bearish. Therefore, the recommendation is to Strong Sell.

The volatility alert was produced on the prior trading date, 12/5/2022 with a volatility change of +310.68%. The current volatility indicator stands at 18.457.

Overview: The securities lending volatility indicator is produced by Tidal Markets, in partnership with Benzinga Insights. Securities lending primarily serves the purpose of providing liquidity to short sellers. When unusual activity occurs in the securities lending markets, it acts as an upstream indicator to what is likely to occur downstream in the regular stock market.

Understanding the Volatility Alert: Overall sentiment is considered &quot;bear&quot; when broad market activity of the stock has been shown to indicate a negative directional basis, or is considered &quot;bull&quot; when indicating a positive directional basis. The securities lending volatility indicator provides a signal when it detects unusual short activity. Unusual short activity is based off a computer generated algorithmic formula utilizing securities lending trade details such as the volume of shares being shorted, the rate being paid to short the shares, and the type of collateral being posted - amongst other variables. The current volatility is the respective trading day&#39;s calculated securities lending volatility value. The volatility percentage change is the percentage difference in volatility between the two most recent days. The recommendation is a suggestive strategy, inferred from the strength of the Signal Trending, Current Volatility, and Volatility % Change. Recommendations may include, &quot;Strong Buy&quot;, &quot;Strong Sell&quot;, &quot;Increase Short Exposure&quot;, &quot;Decrease Short Exposure&quot;, or &quot;Market Neutral&quot;.

ANY INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE OR IMPLY INVESTMENT ADVICE

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