By Karen E. Roman In an interview with Schwab Network’s Nicole Petallides, IPO Edge Editor-in-Chief John Jannarone discussed how Reddit will be the largest IPO to date in 2024, boasting impressive performance metrics including […]
Blackwells Capital LLC reveals ValueAct Capital Management, L.P. has received millions in management fees from Walt Disney Co. (NYSE: DIS) Blackwells says ValueAct has earned fees of roughly $55 million to $95 million for overseeing Disney pension assets ValueAct is a public supporter of Disney board amid ongoing proxy fight while Blackwells has nominated own […] The post Blackwells Spotlights ValueAct’s Pension Fees from Disney, Raising Governance Concerns appeared first on CorpGov.
By Karen E. Roman Portillo’s Inc. (NASDAQ: PTLO), the casual restaurant known for its Chicago-style favorites menu, reported a 24.5% increase in total revenue for the last quarter of 2023 and a rise of 4.4% on same-restaurant sales. Operating income grew $8 million to $14.5 million, while net income increased $7 million to $9.6 million […]
By Karen E. Roman Planet Fitness, Inc. (NYSE: PLNT) reported total revenue grew 1.4% on the fourth quarter to $285.1 million and system-wide same store sales rose 7.7%. Adjusted EBITDA grew 7.8% to $114.3 million from $106.1 million the year before, it stated. The company said it opened 77 new system-wide stores in the […]
By Karen E. Roman Gryphon Digital Mining, Inc. (Nasdaq: GRYP) said in a January operational update that it wants to expand through machine purchases and M&A opportunities. The recently-listed bitcoin […]