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US Global Investors Inc (GROW) Stock News
The latest GROW headlines and market coverage — 7 recent stories, updated throughout the day.
- GlobeNewswire Inc.·Neutral
GROWNSY Launches 2026 Prime Day Campaign Built Around the Moment: Feeding Routines Grow
GROWNSY, a baby care innovator serving 3 million households, unveiled its Amazon Prime Day 2026 campaign themed 'Baby Grows. Feeding Grows.' The company is offering discounts across its product lineup including portable bottle warmers, bottle washers, baby food makers, and other care solutions, positioning itself as a comprehensive feeding support system for growing families during the mid-year shopping event across 26 countries.
- Benzinga·
GROUPE DYNAMITE POSTS 37% REVENUE GROWTH AND 4-YEAR HIGH GROSS MARGIN IN Q1 2026
Delivered strong Q1 2026 comparable store sales growth 1 of 22.6% and total revenue growth of 37.0% Achieved a four-year high gross margin 1 of 67.4 %, an increase of 530 bps Expanded adjusted EBITDA margin 1 to 36.8 %, underscoring our luxury-inspired business model Continued successful expansion with new stores outperforming expectations Raised adjusted EBITDA margin guidance for Fiscal 2026 to 38.25%–39.50 % MONTRÉAL , June 16, 2026 /CNW/ - Groupe Dynamite Inc. ("Groupe Dynamite" or the "Company") (TSX: GRGD ) today reported its financial results for the fiscal year 2026's first quarter ended May 2, 2026. "Our first quarter results demonstrate the strength of our operating model and our ability to deliver profitable growth. Comparable store sales increased 22.6%, gross margin reached a four-year high, and adjusted EBITDA margin expanded to 36.8% of revenue, positioning ourselves alongside the world's most profitable fashion houses. We continue to strive to remain a highly productive specialty retailer with strong brands, exceptional unit economics, disciplined inventory management, attractive returns on capital, and a growth engine we have built over decades that continues to scale profitably," said Andrew Lutfy, Chief Executive Officer and Chair of the Board. "Q1 was a strong start to fiscal 2026. Across both GARAGE and DYNAMITE, customers responded positively to our assortments, marketing campaigns and the consistency of the experience we deliver across channels. Our real estate strategy continues to be a significant driver of growth, customer acquisition and profitability. By opening new locations in premium centers, optimizing our fleet and delivering a compelling in-store experience, we continue to drive significant productivity improvements across our store network. Most importantly, we continue to see strong customer engagement across both brands, reflected
- Benzinga·
GO RESIDENTIAL REIT COMPLETES STRATEGIC TRANSACTIONS TO INCREASE SCALE, PROVIDE IMMEDIATE ACCRETION, AND GROW ITS UNENCUMBERED POOL OF ASSETS AND ANNOUNCES JUNE 2026 CASH DISTRIBUTION
GO Residential REIT completed acquisitions of 7 Dey Street in Tribeca and Ivy Tower in Times Square, increasing its portfolio to 2,545 residential suites (26% growth). The transactions are expected to be immediately accretive to AFFO per unit and were funded through available cash and $146.3 million in fixed-rate mortgage debt at 4.50%. The REIT approved a monthly cash distribution of $0.05325 per unit for June 2026.
- Benzinga·
VERSABANK REPORTS STRONG SECOND QUARTER RESULTS: STRONG US SRP GROWTH DRIVES 27% YEAR-OVER-YEAR INCREASE IN REVENUE AND NET INTEREST INCOME, 45% YEAR-OVER-YEAR GROWTH IN ADJUSTED (CORE) NET INCOME
All amounts are unaudited and in Canadian dollars and are based on financial statements prepared in compliance with International Accounting Standard 34 Interim Financial Reporting, unless otherwise noted. Our second quarter 2026 ("Q2 2026") unaudited Interim Consolidated Financial Statements for the period ended April 30, 2026 and Management's Discussion and Analysis ("MD&A"), are available online at www.versabank.com/investor-relations , SEDAR at www.sedarplus.ca and EDGAR at www.sec.gov/edgar . Supplementary Financial Information will also be available on our website at www.versabank.com/investor-relations . LONDON, ON , June 3, 2026 /CNW/ - VersaBank (or the "Bank") (TSX: VBNK (NASDAQ: VBNK ), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today reported its results for the second quarter ended April 30, 2026. All figures are in Canadian dollars unless otherwise stated. NOTE REGARDING SECOND QUARTER FISCAL 2026 FINANCIAL RESULTS VersaBank's financial results for the second quarter of fiscal 2026 reflect non-core non-interest expenses in the amount of $6.7 million. The non-core non-interest expenses included $4.5 million related to the project costs associated with the Reorganization (see Reorganization note below). Subsequent to the end of the second quarter, the Bank publicly filed a Form S-4 registration statement (the "Registration Statement") with the U.S. Securities and Exchange Commission (the "SEC") in connection with the Reorganization. The Reorganization is intended to enhance shareholder value, mitigate risk and reduce corporate costs over the long term. The Bank expects that the anticipated benefits of the Reorganization will exceed the associated investment however, these expected benefits are subject to various assumptions and uncertainties. As of the end of the second quarter of
- Benzinga·
BURLINGTON STORES REPORTS STRONG FIRST QUARTER SALES AND EARNINGS GROWTH, WELL AHEAD OF GUIDANCE. THIS REPRESENTS THE 14TH CONSECUTIVE QUARTER OF DOUBLE DIGIT EPS GROWTH.
<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <ul> <li style="list-style-type:none;"> <ul> <li style="text-align:left;"><strong>Total sales increased 14%, on top of 6% last year </strong></li> <li style="text-align:left;"><strong>Comparable store sales increased 6%</strong></li> <li style="text-align:left;"><strong>Net income was $115 million, and diluted EPS was $1.79 </strong></li> <li style="text-align:left;"><strong>Excluding certain expenses associated with bankruptcy acquired leases: </strong> <ul> <li><strong>Adjusted EPS increased 26% to $2.10, well above guidance</strong></li> <li><strong>Full year adjusted EPS guidance is now $11.45 to $11.80<br /><br /></strong></li> </ul> </li> </ul> </li> </ul> <p align="left">BURLINGTON, N.J., May 28, 2026 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/BURL" rel="nofollow">BURL</a>), a nationally recognized off-price retailer of high-quality, branded apparel, footwear, accessories, and merchandise for the home at everyday low prices, today announced its results for the first quarter ended May 2, 2026.</p> <p align="left">Michael O&#039;Sullivan, CEO, stated, "We are pleased with our strong performance in the first quarter. Adjusted EPS grew 26% versus the first quarter of last year, which represented our 14th consecutive quarter of double digit EPS growth. This track record demonstrates our ability to consistently convert sales into operati
- Benzinga·
STARLIGHT WESTERN CANADA MULTI-FAMILY (NO. 2) FUND ANNOUNCES Q1-2026 OPERATING RESULTS INCLUDING SAME PROPERTY NOI GROWTH OF 5.0%
TORONTO , May 20, 2026 /CNW/ - Starlight Western Canada Multi-Family (No. 2) Fund (the "Fund") announced today its results of operations and financial condition for the three months ended March 31, 2026 ("Q1-2026"). Certain comparative figures are included for the Fund's financial and operational performance as at December 31, 2025 and for the three months ended March 31, 2025 ("Q1-2025"). All amounts in this press release include amounts attributable to any non-controlling interests and are in thousands of Canadian dollars except for average monthly rent ("AMR") 1 , or unless otherwise stated. "We are pleased with the strength of performance during the quarter which achieved same property net operating income growth of 5.0%" commented Neil Fischler, Executive Vice President. "Management continues to focus on its active management strategy for the properties to maximize the unitholders value." Q1-2026 HIGHLIGHTS The Fund achieved AMR growth of approximately 3.9% between Q1-2025 and Q1-2026 including the impact of acquisition of Starlight Western Canada Multi-Family Limited Partnership ("SW1") properties during fourth quarter of 2025. The growth continues to be driven by sustained demand for multi-family suites and overall immigration levels in Canada and in particular, Vancouver Island and the mainland of the Province of British Columbia ("BC") (collectively, the "Primary Markets"). Revenue from property operations and net operating income ("NOI") 1 for Q1-2026 were $8,642 and $6,029 (Q1-2025 - $5,460 and $3,797), respectively, representing an increase in revenue and NOI of 58.3% and 58.8%, respectively, primarily due to the difference in the number of properties owned between the two periods ("Primary Variance Driver"). Same property net operating income ("Same Property NOI") 1 for Q1-2026 was $3,987 (Q1-2025 - $3,797), representing an increase of $190 or 5.0% relati
- Benzinga·
TURBO ENERGY FILES FY2025 ANNUAL REPORT HIGHLIGHTING 107% REVENUE GROWTH AND STRATEGIC TRANSITION TO AI-DRIVEN ENERGY INFRASTRUCTURE
VALENCIA, Spain, May 18, 2026 (GLOBE NEWSWIRE) -- Turbo Energy, S.A. (NASDAQ: TURB ) ("Turbo Energy" or the "Company"), a global integrator of AI-driven solar energy storage solutions and intelligent energy management systems, today announced the filing of its Annual Report on Form 20-F for the fiscal year ended December 31, 2025 with the U.S. Securities and Exchange Commission ("SEC"). Turbo Energy reported full year 2025 revenue of $23.46 million, representing year-over-year growth of 107% compared to 2024. The Company also reported a significant improvement in operating performance, with operating loss decreasing to $0.91 million compared to $4.11 million in the prior year, while net loss decreased to $1.36 million compared to $3.45 million in 2024. During early 2026, Turbo Energy further strengthened its financial position through approximately $5.0 million in aggregate gross proceeds raised through a Registered Direct Offering ("RDO") and issuances under its "at-the-market" ("ATM") program. These transactions significantly reinforced the Company's balance sheet and increased shareholders' equity by approximately $4.6 million, from approximately $1.88 million¹ in 2025 to approximately $6.48 million in 2026, positioning the Company well above Nasdaq's minimum stockholders' equity requirement for continued listing. 2025 marked a decisive operational and strategic inflection point for Turbo Energy, as the Company accelerated its transition from a traditional energy storage provider into an AI-driven intelligent energy infrastructure platform focused on software-defined energy management, advanced storage integration and high-value commercial and industrial ("C&I") deployments. Throughout 2025, Turbo Energy continued expanding its positioning as a technology integrator capable of combining solar generation, advanced battery storage and propriet