股价表现 - 自公布截至2025年9月27日的季度财报以来，公司股价上涨4.1%，同期标普500指数上涨1.4% [1] - 在过去一个月中，公司股价下跌8.9%，而同期标普500指数上涨1.5%，表现逊于大盘 [1] 季度及年度财务业绩 - 2025财年第四季度销售额从去年同期的4600万美元增至4920万美元，净利润从20万美元增至90万美元，摊薄后每股收益从0.11美元改善至0.48美元 [2] - 2025财年全年总收入增长9.6%，从1.872亿美元增至2.052亿美元，归属于股东的净利润增长49.9%，从340万美元增至500万美元，每股收益从1.81美元增至2.71美元 [3] - 全年运营收入增长49.7%，从580万美元增至870万美元，总成本和费用增长8.3%至1.965亿美元，增速低于收入增长 [5] 各业务板块表现 - 餐厅食品销售额增长8.5%，从1.148亿美元增至1.245亿美元，餐厅酒吧销售额增长5.8%，从3000万美元增至3180万美元 [4] - 酒类零售店销售额增长16%，从4050万美元增至4690万美元，反映了客流量增加和稳定的需求 [4] - 餐厅毛利率从65.6%提升至66.6%，得益于菜单提价完全抵消了成本上涨 [7] - 酒类零售店毛利率从26.6%下降至25.1%，反映出产品成本上涨和零售竞争带来的压力 [7] 成本与费用 - 劳动力成本上涨7.3%，从5930万美元增至6370万美元，主要受佛罗里达州工资上涨及好莱坞餐厅全年运营影响 [6] - 劳动力成本占收入比例从31.70%微降至31.04%，表明定价和生产力措施起到部分抵消作用 [6] 现金流与流动性 - 截至2025财年末，现金及现金等价物为2010万美元，低于上年的2140万美元，主要原因是收购了用于未来开发的土地 [8] - 运营现金流从660万美元改善至1050万美元，反映了盈利能力和营运资本表现的增强 [8] 管理层评论与驱动因素 - 收入增长主要驱动力包括菜单提价、餐厅及酒类零售店销售额增长，以及佛罗里达州好莱坞餐厅在2025财年实现全年运营 [9] - 为应对通胀，公司在2025财年实施了多次提价，包括2024年11月17日生效的食品提价，以及2024年12月4日和2025年2月23日生效的酒水提价 [10] - 通胀显著影响了食品、饮料、燃料和劳动力成本，对运营业绩产生了实质性影响 [11] - 公司实施了成本控制措施，使总成本增速在2025财年低于收入增速 [11] 业务展望 - 管理层预计，得益于客流量增强，餐厅食品和酒吧销售额将增长，酒类零售店销售额也将随客流量增加而进一步增长 [12] - 预计2026财年运营成本和费用将继续上升，且由于成本上涨及为保持竞争力对部分商品降价，酒类零售店毛利率预计将下降 [12] 其他发展动态 - 公司在2025财年以220万美元现金购买了佛罗里达州卡特勒湾的闲置地产，计划建造一座6400平方英尺的建筑，租赁给一家有限合伙企业以运营未来的餐厅 [13] - 财年结束后，公司为其迈阿密Calusa Center的抵押贷款进行了再融资，本金570万美元保持不变，利率结构改为基于Term SOFR加2.25%的浮动利率 [13] - 公司完成了Oracle NetSuite系统对总账系统的替换，并于2025财年第四季度初投入使用 [14] - 公司签订了一项新的婴儿背肋排供应承诺，将在2026日历年度购买约920万美元的肋排，高于2025日历年度的780万美元协议，反映了市场价格上涨和订购量增加 [14]

The bigger story may be how regime change could impact oil production in the country. With Venezuela sitting on one of the world's largest oil reserves, miltary action would likely reverberate at global levels, impacting other countries' financial markets. The brewing Venezuela crisis represents just the kind of geopolitical risk that can shock markets. Active ETFs offer flexibility to adjust as needed, but, crucially, that flexibility is much more than a tool for shocks. Often, their ability to focus on co ...

We're joined on set by Rob Row. He is the head of global strategy at City Research right here at Post 9. Rob, >> glad to see somebody else working today.Really, really appreciate. >> We're all here on Boxing Day as they say in the UK. >> Yes, exactly.Um, you know, listen, lot there's a lot of tax law changes that are happening next year, both personally and on the corporate side as well. It's a little bit call it WBI, wonky, but important. How much of it all is that factoring into your outlook for next year ...

No Overhead Resistance, Only Reversal RiskWith no true resistance, let’s face it, the only fear for the bulls is a sudden reversal to the downside with better-than-average volume. We could still get this today, but if it occurs, it will be driven by low volume, which will set up the next “buy the dip” opportunity.The New Definition of a Dip in a Vertical Gold MarketAs we move higher and more vertical, the definition of dip is going to change. Sticking with a 50% correction of a price swing, our “dip” level ...

Michael Zakur. Did I say that correctly. Michael, thank you.F five new digital founder and author of the new retail. All right. Can we talk about this calendar thing.Did it matter at all this year. In your opinion, >> it did matter. Um it was it jumped out at me immediately in the summer, you know, when I'm planning my holiday rituals and uh what I'm doing for my own shopping and working with my clients.I said, "Oh my god, we're only going to have I think it was 27 days between right uh Thanksgiving and and ...

here for his take on rates and the Fed and his outlook for the year ahead. Let's bring in Kumar Sri Kumar, president of Sri Kumar Global Strategies. Thanks for joining us.>> Good to be here with you and Lesie. >> Thank you. >> Good to be >> I I think the thing that was most interesting this morning that we in the leadup here was what's happening with gold and silver.How do you put all of that in context. You seem to have stocks seem to be able to go up, stocks in general, but also you have this tremendous t ...

2025年末市场表现与2026年展望 - 2025年市场表现强劲，预计这一趋势将持续至年底 [1][2] - 市场强劲表现主要由人工智能领域驱动，尽管存在估值过高的担忧 [2] - 人工智能的基础设施建设及其后续发展尚未完全展开，预计将继续推动市场 [2] - 对2026年持谨慎态度，主要担忧通胀压力可能抬头 [3][4] - 通胀压力背景是消费者持续多年走弱 [3] - 2026年市场可能出现多种结果，通胀可能更受控制，但更担忧消费者和就业市场的强度 [4] 通胀与消费者状况分析 - 通胀可能在2027年制约市场估值倍数 [5] - 基于市场可能持平加上股息回报的预期进行投资，因应过去几年的强劲上涨 [5] - 消费者呈现明显的分化状态，即“K型经济” [6][7] - 高收入消费者消费畅旺，可能支撑了企业业绩 [6] - 低收入消费者正感受到压力，可能受关税影响 [6] - 整体就业市场并不强劲 [6] - 高收入消费者的支出在一定程度上与整体市场水平挂钩，若市场出现适度回调可能产生影响 [6] - 消费者积累了高额信用卡债务，达到长期未见水平 [7] - 即使2025年进一步降息，也不足以应对消费者累积债务的持有成本 [7] - 2025年消费者支出强劲，但预计2026年支出将趋于缓和 [7] 人工智能领域的投资机会 - 投资重点聚焦于人工智能基础设施领域 [8] - 认为人工智能无疑存在一定泡沫，但类似互联网泡沫，人工智能将成为生活的一部分并持续发展 [9] - 投入基础设施领域的资金并不像应用人工智能或其他市场细分领域那样定价过高 [9] - 云计算组件、芯片销售、制造和设计等整个市场环节的定价并非过高 [9] - 该领域的支出不那么依赖消费者，更多是企业基础设施决策，预计在2026年将持续 [9] 具体公司案例：Beldin - Beldin公司是自动化与机器人领域的投资选择，作为人工智能主题的一部分 [10] - 该公司总部位于圣路易斯，市值50亿美元 [10] - 受益于北美自动化支出，其三分之二的息税折旧摊销前利润和一半收入来自自动化领域 [11] - 正在进军数据中心解决方案和工业制造环境中的智能体人工智能领域 [11] - 估值具有吸引力，以2026年息税折旧摊销前利润计算约11-12倍，以收益计算约15.5倍 [11] - 相比其他交易倍数显著更高的标准自动化公司，该股有重新评级上升的空间 [11] - 基于13倍估值倍数和每股收益高两位数增长，预计两年后股价可能达到160美元 [11]

gold bitcoin, gold all time high, silver, gold prices,. Photo by BeInCrypto While the crypto community remained focused on the possibility of an altcoin season and fresh Bitcoin highs, a different narrative unfolded. By late 2025, what many analysts now describe as a “metal season” has taken shape. Precious metals and even base metals have outperformed cryptocurrencies this year. With analysts expecting this momentum to extend into next year, a key question emerges: could copper offer a more compelling be ...

All those marked-down smart home gadgets and Ralph Lauren socks under Christmas trees this year have already been regifted. To Uncle Sam. Commerce Department data released just before the holiday showed that US gross domestic product rose at an unexpectedly robust 4.3% in the third quarter, with the American consumer to thank for it. That might be enough to power one final miniature stock market rally to end 2025. SUBSCRIBE:  Receive more of our free The Daily Upside newsletter. READ ALSO: Video Game Con ...

As Americans reflect on 2025 in its final week, many retirees are calculating and stress-testing if they have enough to endure various financial situations. For those falling short, unretiring may be the best option.Over the past year, I've spoken to over 250 older Americans, most of whom still work. The majority said they never retired or unretired because of financial uncertainty. Some lived paycheck to paycheck with limited savings and no defined-benefit pension plan. Others had six figures in the bank b ...