Distribution Solns Gr Azioni (NASDAQ: DSGR)

Ultime notizie per Distribution Solns Gr (NASDAQ:DSGR) Azioni

DISTRIBUTION SOLUTIONS GROUP

Distribution Solns Gr

Distribution Solutions Group Inc is an industrial distributor of maintenance and repair supplies. It has three operating segments namely Lawson, TestEquity, and Gexpro Services, of which key revenue is derived from the TestEquity segment. The TestEquity segment is a distributor of test and measurement equipment and solutions, electronic production supplies, and tool kits from its manufacturer partners supporting the technology, aerospace, defense, automotive, electronics, education and medical industries.

Distribution Solutions Group, Inc. - Common Stock

Distribution Solutions Group Inc

Citigroup analyst Ronald Josey maintains Uber Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) with a Buy and raises the price target from $92 to $102.

News

Price Target

Analyst Ratings

UBER

Citigroup Maintains Buy on Uber Technologies, Raises Price Target to $102

Müll.Club, a startup redefining <a href="https://www.benzinga.com/news/global/25/03/44359892/sustainable-style-how-ai-is-reducing-waste-in-the-fashion-world">plastic waste</a> through high-design homeware, is gaining momentum with a £250,000 ($310,000) funding target as it prepares to scale production from its coastal studio in Margate, U.K.
The brand, which caught the eye of <a href="https://www.benzinga.com/news/24/08/40477338/chatgpt-maker-openai-forges-content-partnership-with-vogue-and-new-yorker-publisher-cond-nast-amid-c">Vogue</a> and has collaborated with iconic names like Fortnum &amp; Mason and Lush, is turning recycled plastic into coasters, combs, and soap dishes that now retail in museum shops and luxury retailers alike, according to<a href="https://www.cnbc.com/2025/05/01/plastic-recycling-this-startup-makes-designer-objects-from-trash.html"> CNBC</a>.
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<li>Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl"> this is your last chance to become an investor for $0.80 per share.</a></li>
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Founded by former sustainability consultant and fine art graduate Charlie Rudkin-Wilson, Müll.Club aims to reimagine the entire lifecycle of plastic. Launched during the coronavirus pandemic, the company started as a refill store in London, before pivoting to product design,&nbsp; CNBC reported. Now, Müll.Club is one of the few circular economy startups combining functionality, aesthetics, and data-driven sustainability.
<h2 class="wp-block-heading">Müll.Club Reimagines Plastic Waste as Functional Art</h2>
Müll.Club collects post-consumer plastic from the public, such as pink Vanish tubs, yellow Nesquik pots, and yogurt containers, and melts them into new forms with a signature marbled finish. The brand's best-selling item, a £16 soap dish called "The Greek," is made from porridge and yogurt pots. A pair of "Take Out" coasters, molded from discarded cutlery and translucent containers, retails for £14, CNBC said.
Every product is tracked through an online platform that shows contributors how much waste they've saved from landfills, and how much carbon emissions were prevented, CNBC reported. According to its<a href="https://mull-club.co.uk/"> website</a>, Müll.Club has recycled over 2,000 pounds of plastic to date and operates with a zero-waste ethos. The brand's process involves sorting, cleaning, and melting consumer plastic waste to create marbled, durable goods that are both functional and visually distinct.
Trending: Donald Trump just announced a $500 billion AI infrastructure deal — <a href="https://www.benzinga.com/money/seize-a-share-while-you-still-can-in-the-2-trillion-entertainment-market-with-elf-labs-at-just-2-25-share">here's how you can invest in the entertainment market's next big disruptor at $2.25 per share</a>.
According to the<a href="https://www.unep.org/news-and-stories/story/everything-you-need-know-about-plastic-pollution"> UN Environment Programme</a>, 85% of global plastic packaging ends up in landfills or as pollution. In the U.K., only 17% of plastic is effectively recycled domestically, while the rest is exported or incinerated, as noted on the startup&#8217;s <a href="https://mull-club.co.uk/pages/about">website</a>. Müll.Club is challenging this model with transparency and traceable local impact.
<h2 class="wp-block-heading">Backing From Icons: Lush, Fortnum &amp; Mason, And Vogue</h2>
The company's sustainability-forward aesthetic has earned praise and high-profile partnerships. According to CNBC, Fortnum &amp; Mason provided signature turquoise packaging offcuts that Müll.Club transformed into coasters and trays.
In a project with cosmetics giant Lush, Müll.Club recycled over 71 pounds of the brand's waste into 2,000 black hair combs, designed and distributed in collaboration. Rudkin-Wilson also appeared on "Dragon's Den," the British version of "Shark Tank," which brought national exposure and piqued interest from a luxury car manufacturer currently exploring collaboration, CNBC reported.&nbsp;
British Vogue labeled Müll.Club part of the "revolution of stylish sustainability" in an Instagram<a href="https://www.instagram.com/mull.club/p/DAVExidIMDu/"> post</a>, marking a cultural moment for eco-conscious design.
See Also: Shark Tank's Kevin O'Leary called Missing Ring his biggest mistake — Don't repeat history—<a href="https://www.benzinga.com/money/big-tech-has-spent-billions-acquiring-ai-smart-home-startups-one-company-stands-to-benefit-and-has-already-made-10-million">invest in RYSE at just $1.90/share.</a>
<h2 class="wp-block-heading">Scaling For Circular Impact</h2>
Rudkin-Wilson is currently seeking £250,000 to fund the company's next phase of growth. Plans include a move to a larger production studio in Margate, new equipment for bulk processing, and the development of larger furniture pieces made from recycled plastics. This expansion would allow Müll.Club to process higher volumes of waste and expand its footprint in both consumer and corporate channels, as CNBC reported.
As more brands seek verifiable sustainability initiatives, Müll.Club stands out as a clean, data-backed solution. The company's platform provides quantitative feedback on recycling contributions, making it attractive for businesses looking to offset or redesign their waste output.
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<li>‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. <a href="https://www.benzinga.com/money/mode-mobile-2">You can invest today for just $0.30/share with a $1000 minimum.</a></li>
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Image: Shutterstock

Vogue-Approved Startup Müll.Club Recycles Over 1,500 Pounds Of Plastic Into Designer Homeware, Backed By Fortnum & Mason And Lush

Kintsugi, a San Francisco-based AI-driven <a href="https://www.benzinga.com/politics/25/05/45178685/tax-cuts-and-jobs-act-could-expire-at-end-of-2025-without-congressional-extension-what-this-means-for-you">tax</a> compliance startup, has secured $18 million in new funding, doubling its valuation to $150 million within six months.
The funding round was led by Vertex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERX#NASDAQ">VERX</a>), a global provider of indirect tax technology solutions, which invested $15 million for a 10% ownership stake. According to the company's<a href="https://trykintsugi.com/blog/vertex-expands-ai-tax-compliance-with-kintsugi"> statement</a> released last week, the partnership includes IP sharing and a commercial arrangement, with Vertex joining Kintsugi&#8217;s board of directors.
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<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Many are rushing to grab 4,000 of its pre-IPO shares for just $0.30/share!</a></li>
<li>Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl"> this is your last chance to become an investor for $0.80 per share.</a></li>
</ul>
<h2 class="wp-block-heading">AI-Powered Tax Compliance for SMBs</h2>
Founded in 2023 by CEO Pujun Bhatnagar and chief of technology Jeff Gibson, Kintsugi offers an AI-powered platform designed to automate sales tax compliance for small and medium-sized <a href="https://www.benzinga.com/news/25/01/43219503/charlie-mungers-three-investment-lessons-buy-wonderful-businesses-at-fair-prices-big-money-isnt-in-buying-or-selling-its-in-waiting-good-businesses-are-ethical-businesses">businesses</a>.
The platform integrates with popular revenue sources like Shopify (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NASDAQ">SHOP</a>), Stripe, Chargebee, and QuickBooks, enabling real-time data ingestion and instant tax liability calculations. Businesses can calculate their sales tax liability for free, with charges applied for tax filing services. An auto-remit feature allows for full automation of the filing process, TechCrunch reports.
According to the company, Kintsugi&#8217;s solution reduces preparation time by 75% and compliance costs by 50% for e-commerce and SaaS businesses. The startup boasts a 0.1% churn rate and has a customer base of 2,400 companies, ranging from pre-revenue startups to enterprises generating up to $500 million in revenue. In 2024, Kintsugi generated $3 million in annual revenue and aims to surpass $10 million by the end of this year, TechCrunch reported.&nbsp;
Trending: Donald Trump just announced a $500 billion AI infrastructure deal — <a href="https://www.benzinga.com/money/seize-a-share-while-you-still-can-in-the-2-trillion-entertainment-market-with-elf-labs-at-just-2-25-share">here's how you can invest in the entertainment market's next big disruptor at $2.25 per share</a>.
<h2 class="wp-block-heading">Kintsugi's Strategic Partnership with Vertex</h2>
Vertex&#8217;s investment in Kintsugi complements its focus on large enterprise multinational companies and complex mid market businesses. &#8220;Kintsugi brings innovative AI-enabled capabilities to address the needs of the indirect tax market in new and creative ways,&#8221; said&nbsp; Chirag Patel, Vertex&#8217;s chief strategy officer, in a company <a href="https://www.vertexinc.com/company/news/latest-news/vertex-announces-strategic-investment-ai-tax-compliance-startup-kintsugi">statement</a> last week. &#8220;Through the IP sharing agreement, this investment will help accelerate our AI roadmap to deliver new innovations for our mid-market and enterprise customers globally.&#8221;
In addition to the $15 million investment, TechCrunch reports that Vertex has committed to investing $10 million to $12 million in AI advancements, leveraging Kintsugi&#8217;s intellectual property to enhance its own AI-focused developments. This strategic move allows Vertex to expand its reach into the SMB market while supporting innovation in tax automation, the company said in its statement last week.
See Also: <a href="https://www.benzinga.com/money/a-cure-for-osteoarthritis-powered-by-everyday-investors-cytonics-is-looking-to-beat-big-pharma-and-disrupt-a-390-billion-market">Invest Where It Hurts — And Help Millions Heal: Invest in Cytonics and help disrupt a $390B Big Pharma stronghold.</a>
<h2 class="wp-block-heading">Global Expansion and Future Outlook</h2>
According to TechCrunch, Kintsugi has already expanded its operations from the U.S. to Canada and Europe and plans to go live in South America, Africa, and the Eastern world, including India and China. Currently, SaaS companies comprise 45% of Kintsugi&#8217;s customer base, accounting for 5.5 million transactions valued at $7.7 billion.
With over 93% profit margins and a growing customer base, says TechCrunch, Kintsugi is well-positioned to become a leader in the tax compliance technology landscape. The partnership with Vertex provides Kintsugi with financial backing and strategic support to accelerate its mission to make tax compliance painless and accessible for growing businesses.
As digital commerce continues to evolve and tax regulations become increasingly complex, Kintsugi&#8217;s AI-driven platform aims to offer a streamlined, automated solution for businesses navigating the intricate world of sales tax compliance.&nbsp;
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<li>‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. <a href="https://www.benzinga.com/money/mode-mobile-2">You can invest today for just $0.30/share with a $1000 minimum.</a></li>
</ul>
Image: Shutterstock

SHOP

VERX

Vertex's $15M Investment Elevates Kintsugi To $150M Valuation–The Startup Aims To Simplify Tax Compliance For SMBs Worldwide

When a loved one passes away, navigating their financial legacy can be both emotional and complicated. That's exactly the situation one listener named Irene faced when she wrote to personal finance expert Suze Orman on the "<a href="https://omny.fm/shows/suze-ormans-women-and-money/ask-kt-suze-anything-how-do-i-settle-a-deceased-parent-s-credit-card-debt">Women &amp; Money</a>" podcast.
Irene's 60-year-old sister had passed away, leaving behind a $281,000 traditional 401(k). Irene, 62, and her 64-year-old sister were listed as the beneficiaries. However, they also have two other siblings, ages 59 and 64, and want to share the inheritance with them as well.&nbsp;
The big question: what's the best way to do that — especially considering the tax implications?
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<h2 class="wp-block-heading">Inheriting a Traditional 401(k)</h2>
<a href="https://www.benzinga.com/personal-finance/25/04/45111417/more-than-70-of-americans-concerned-about-a-recession-this-year-heres-how-suze-orman-says-to-prepare">Orman</a> explained that since the account is a traditional 401(k) and not a Roth, taxes have never been paid on that money. That means the beneficiaries will owe ordinary income tax on any withdrawals they make.
The account will need to be transferred into what's known as an inherited IRA for each listed beneficiary. Under current <a href="https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-beneficiary">IRS rules</a>, non-spouse beneficiaries like Irene and her sister must fully withdraw the funds within 10 years of the original account holder's death. If they wait too long and withdraw it all at once at the end of 10 years, they could be hit with a much larger tax bill.
<h2 class="wp-block-heading">Spreading Withdrawals Over Time</h2>
Orman recommends spreading the withdrawals over the 10-year period to manage taxes more efficiently. If the account is split evenly between Irene and her sister, each would receive about $140,500. Orman suggests each sister takes out roughly $14,000 to $20,000 per year, depending on each person's income tax situation.
"So at the end of the 10th year, it&#8217;s wiped clean," Orman said. "When you take out the money, you are going to owe ordinary income tax on it."
Trending: The average American couple has saved this much money for retirement —<a href="http://www.benzinga.com/money/smartasset"> How do you compare</a>?
<h2 class="wp-block-heading">Gifting a Portion to Other Siblings</h2>
So, how can Irene and her sister share the inheritance with their two other siblings who weren't listed as beneficiaries?
Orman said they can choose to gift money to their siblings from their withdrawals — after paying the taxes themselves. "You would subtract whatever amount of income tax you paid, figure out how much that would have been on the amount you want to give them, and then just give them the money. It&#8217;s just that easy," Orman explained.
That means if Irene withdraws $15,000 and pays, for example, $3,000 in taxes, she could give one of her siblings up to $12,000 from that amount. There's no need to go through the <a href="https://www.benzinga.com/25/03/44289468/inherited-ira-from-husband-grows-from-240k-to-266k-in-10-years-suze-orman-says-thats-horrific">inherited IRA</a> directly, and the siblings receiving the gift won't owe taxes on it if it's under the annual gift tax exclusion, which is $19,000 in 2025.
See Also: <a href="https://www.benzinga.com/money/gbr-savings-by-age">If You're Age 35, 50, or 60: Here&#8217;s How Much You Should Have Saved Vs. Invested By Now</a>
<h2 class="wp-block-heading">Planning Ahead Can Make Things Easier</h2>
While this plan allows Irene and her sister to honor their family's wishes, Orman used the moment to make a broader point: estate planning matters. She noted that if the sister had used a Roth 401(k) or <a href="https://www.benzinga.com/personal-finance/25/04/44885154/suze-orman-why-you-should-transfer-your-401k-or-403b-into-a-roth-ira-when-you-leave-a-job">Roth IRA</a>, it could have simplified things by eliminating the tax burden altogether.
Still, with some smart planning and open communication, Irene and her siblings can share the inheritance in a fair and tax-efficient way.
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Image: Shutterstock

Personal Finance

'Our Sister Left Us Her $281,000 401(k)' — We Want To Share It Fairly With The Rest Of the Family, Suze Orman Weighs In

<ul>
<li>401(k) funding changes for 2025 now allow investors of a certain age to contribute $11,250 in catch-up funds</li>
<li>This super-funding opportunity is available to investors ages 60-63</li>
<li>The changes are good news for Gen X'ers in particular, as only 54% believe they are financially prepared for retirement</li>
</ul>
The IRS has introduced some <a href="https://www.irs.gov/newsroom/401k-limit-increases-to-23500-for-2025-ira-limit-remains-7000">401(k) funding changes</a> for 2025 that allow older investors to contribute additional funds to their plans.
According to a survey by <a href="https://news.northwesternmutual.com/2025-04-14-Americans-Believe-They-Will-Need-1-26-Million-to-Retire-Comfortably-According-to-Northwestern-Mutual-2025-Planning-Progress-Study">Northwestern Mutual</a>, Americans need $1.26 million to retire comfortably. Among Gen X'ers, who are approaching their retirement years, only 54% believe that they will be financially prepared for retirement when the time comes.&nbsp;
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<li>Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl"> this is your last chance to become an investor for $0.80 per share.</a></li>
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Tommy Lucas, a certified financial planner and enrolled agent at Moisand Fitzgerald Tamayo, told <a href="https://www.cnbc.com/2024/12/17/higher-401k-limit-2025-update-your-account-now.html">CNBC</a> these new changes are a "super-funding" opportunity for older investors, offering them an opportunity to catch up.
What exactly the changes are, and who qualifies for them, hasn't been entirely clear. Catherine Valega, a CFP and founder of Green Bee Advisory, told CNBC, that it will take time for people to become aware of the new opportunities, and that at this point "no one knows about the extra increase."
So here's a more precise breakdown of the "super-funding" opportunities and who qualifies for them.&nbsp;
In 2025, the IRS has set 401(k) contribution limits to $23,500 for investors of all ages, up $500 from 2024.&nbsp;
Older contributors, ages 50 and up, can contribute an additional $7,500 in "catch-up contributions" to their 401(k). This totals out to $31,000 for the year, a cap that remains unchanged since 2024.
Trending: Many are using retirement income calculators to check if they&#8217;re on pace —<a href="https://www.benzinga.com/money/how-do-i-calculate-my-retirement-income-adv"> here&#8217;s a breakdown on what&#8217;s behind this formula.</a>
But for contributors who are 61, 62, or 63, a change under the Secure 2.0 Act of 2022 has increased the catch-up contributions from $7,500 to $11,250. This means that the total cap for investors in their early 60s sits at $34,750 for 2025.&nbsp;
It's important to note that the age eligibility is determined by how old you'll be by Dec. 31. So if you're 59 at the start of 2025 and will turn 60 before year-end, you're eligible for the increased catch-up contributions. However, if you're currently 63, turning 64 by the end of December, you are not eligible.
Dan Galli, a CFP and owner of Daniel J. Galli &amp; Associates, told CNBC that the higher 401(k) catch-up rates are "a great tool in the toolbox." However, they're not ones that many people are using. According to data from <a href="https://institutional.vanguard.com/content/dam/inst/iig-transformation/insights/pdf/2024/has/how_america_saves_report_2024.pdf">Vanguard's "How America Saves" report</a>, only 15% of eligible employees utilized these catch-up options in 2023.&nbsp;
Fidelity told the outlet that 3% of retirement plans haven't added the feature for 2025, meaning catch-up contributions will stop at $7,500. So it's important that you speak to a financial advisor if you plan to take advantage of the change to ensure you're able to make the most of it.&nbsp;
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<li><a href="https://www.benzinga.com/money/gbr-savings-by-age">If You're Age 35, 50, or 60: Here&#8217;s How Much You Should Have Saved Vs. Invested By Now</a></li>
<li>Donald Trump just announced a $500 billion AI infrastructure deal — <a href="https://www.benzinga.com/money/seize-a-share-while-you-still-can-in-the-2-trillion-entertainment-market-with-elf-labs-at-just-2-25-share">here's how you can invest in the entertainment market's next big disruptor at $2.25 per share</a>.</li>
</ul>
Image: Shutterstock

Interested In The New 'Super-Funding' 401k Opportunity? Here's How To Know If You Qualify

Warner Bros. Discovery, Inc.&nbsp;(NASDAQ:&nbsp;WBD) reported fiscal first-quarter results on Thursday. The company <a target="_blank" href="https://ir.wbd.com/investor-relations/default.aspx" rel="noreferrer noopener">reported</a> a quarterly revenue&nbsp;decline of 9% ex-FX year-on-year to $8.98 billion, missing the&nbsp;analyst consensus estimate of&nbsp;$9.60 billion.&nbsp;
The EPS loss of 18 cents missed the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">analyst consensus loss estimate</a> of 11 cents loss.
The net&nbsp;loss was $453 million, halved from a loss of $966 million Y/Y. WBD reported an adjusted EBITDA of $2.11 billion, a 4% ex-FX growth.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/05/45208754/fubotvs-strong-q1-margins-and-subscriber-growth-drive-analysts-confidence-despite-ad-revenue-decline" rel="noreferrer noopener">FuboTV&#8217;s Margin Gains, NFL Bundle Plan Keep Analyst Bullish Despite Subscriber Dip</a>
Distribution revenues decreased 1% ex-FX to $4.89 billion due to domestic linear pay-TV subscriber declines. Advertising revenues decreased 8% ex-FX to $1.98 billion.
Content revenues decreased 25% ex-FX to $1.87 billion, primarily driven by lower box office and home entertainment revenues due to the stronger performance of the prior year&#8217;s theatrical releases and no Games releases in the current quarter.
Streaming: The company ended the quarter with 122.3 million subscribers versus 99.6 million Y/Y.
Streaming revenues increased 9% ex-FX to $2.66 billion. Distribution revenue increased 8% ex-FX due to a 23% increase in subscribers following Max&#8217;s continued global expansion and new domestic distribution deals.
Advertising revenue increased 35% ex-FX, primarily driven by increased ad-lite subscribers. Global streaming ARPU decreased 9% ex-FX to $7.11, primarily due to growth in lower ARPU international markets. Domestic streaming ARPU decreased 5% to $11.15, primarily due to a broader wholesale distribution of Max Basic with Ads.
Content revenue decreased 7% ex-FX, as Max&#8217;s launch in new international markets, including Australia, in the current quarter, resulted in lower third-party licensing.
Adjusted EBITDA for the Streaming Segment was $339 million, up from $86 million in Q1 2024.
Studios: Studios revenues decreased 16% ex-FX to $2.31 billion.
Content revenue decreased 17% ex-FX.
Theatrical revenue decreased 27% ex-FX, primarily due to the strong box office performance of Dune: Part Two and Godzilla x Kong: The New Empire in the prior year and home entertainment revenue from Wonka and Aquaman and the Lost Kingdom.
Games revenue decreased 48% ex-FX due to the prior year&#8217;s release of Suicide Squad: Kill the Justice League.
Adjusted EBITDA for the Studios Segment was $259 million, up from $184 million in Q1 2024.
Global Linear Networks: Global Linear Networks revenues decreased 6% ex-FX to $4.77 billion. Distribution revenue decreased 8% ex-FX, driven by a 9% decrease in domestic linear pay TV subscribers.&nbsp;
Advertising revenue decreased 11% ex-FX, primarily driven by domestic networks audience declines of 27%. Content revenue increased 44% ex-FX Content revenue increased 44% ex-FX.
In the quarter, WBD generated $553 million in operating cash flow and $302 million in free cash flow and held $4.0 billion in cash and equivalents.&nbsp;
Price Action: WBD stock is up 5.08% at $8.99 at&nbsp;the last check on Thursday.
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</ul>
Photo by rafapress via Shutterstock

Earnings

Guidance

Movers

Tech

Warner Bros. Stock Soars Following Q1 Performance, Streaming Gains

Citigroup analyst Filippo Falorni maintains Coty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COTY#NYSE">COTY</a>) with a Buy and lowers the price target from $8 to $6.5.

COTY

Citigroup Maintains Buy on Coty, Lowers Price Target to $6.5

Citigroup analyst Kyle Menges maintains Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>) with a Buy and raises the price target from $70 to $75.

Citigroup Maintains Buy on Timken, Raises Price Target to $75

Citigroup analyst Anthony Pettinari maintains Silgan Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLGN#NYSE">SLGN</a>) with a Buy and raises the price target from $60 to $63.

SLGN

Citigroup Maintains Buy on Silgan Hldgs, Raises Price Target to $63

Citigroup analyst Christopher Allen maintains MarketAxess Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MKTX#NASDAQ">MKTX</a>) with a Buy and raises the price target from $250 to $265.

MKTX

Citigroup Maintains Buy on MarketAxess Holdings, Raises Price Target to $265

ADTN

CORRECTION: Adtran Q1 Adj. EPS $0.03 Beats $(0.03) Estimate, Sales $247.74M Beat $245.15M Estimate

Citigroup analyst Kyle Menges maintains Regal Rexnord (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RRX#NYSE">RRX</a>) with a Buy and raises the price target from $110 to $145.

Citigroup Maintains Buy on Regal Rexnord, Raises Price Target to $145

US Foods Holding Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USFD#NYSE">USFD</a>) shares are trading higher after the company <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/b45280354/us-foods-reports-first-quarter-fiscal-year-2025-earnings" rel="noreferrer noopener">reported first-quarter results.</a>
The company reported adjusted earnings per share of 68 cents, missing the analyst consensus estimate of 69 cents. Quarterly sales of $9.35 billion (up 4.5% year over year) missed the Street view of $9.38 billion.
Sysco reported a 1.1% rise in total case volume, including a 2.5% increase from independent restaurants, while gross profit grew 8% to $1.6 billion.
Net income surged 40.2% to $115 million, and adjusted EBITDA rose 9.3% to $389 million. Adjusted EBITDA margin was 4.2%, an increase of 18 basis points compared to the prior year.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/25/05/45294069/crude-oil-gains-over-2-us-foods-posts-downbeat-earnings" rel="noreferrer noopener">Crude Oil Gains Over 2%; US Foods Posts Downbeat Earnings</a>
CEO Dave Flitman noted how adjusted diluted EPS increased 26% &#8220;despite the challenging operating environment and weather-related headwinds.&#8221;
Total case volume rose 1.1% year-over-year, led by a 2.5% gain in independent restaurant volume.
Healthcare and hospitality volumes grew 6.1% and 3.6%, respectively, while chain volume declined 4.3%.
Adjusted Gross profit was $1.6 billion, an increase of 5.1% from the prior year. Adjusted Gross profit as a percentage of net sales was 17.3%.
On May 7, the company authorized a new share repurchase program of up to $1 billion.
Outlook: US Foods reaffirmed its fiscal 2025 adjusted EPS guidance of $3.69 to $3.88, compared to the $3.79 analyst estimate.
The company also maintained its fiscal 2025 sales outlook of $39.39 billion to $40.15 billion, compared with the $39.75 billion estimate.
Price Action: US Foods shares are trading higher by 4.51% to $72.29 at last check Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45293256/disney-stock-resilient-in-uncertain-economy-as-raised-guidance-signals-confidence" target="_blank" rel="noreferrer noopener">Disney Stock &#8216;Resilient&#8217; In Uncertain Economy As Raised Guidance Signals Confidence</a></li>
</ul>
Image: Shutterstock

Equities

Buybacks

Markets

General

USFD

US Foods Dishes Out 40% Net Income Gain, Readies $1 Billion Buyback

Citigroup analyst Steven Enders maintains Dayforce (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAY#NYSE">DAY</a>) with a Buy and raises the price target from $68 to $70.

Citigroup Maintains Buy on Dayforce, Raises Price Target to $70

Citigroup analyst Atif Malik maintains Entegris (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENTG#NASDAQ">ENTG</a>) with a Buy and lowers the price target from $125 to $102.

ENTG

Citigroup Maintains Buy on Entegris, Lowers Price Target to $102

<a href="https://www.bloomberg.com/news/articles/2025-05-08/shell-s-lng-canada-plans-first-exports-as-soon-as-late-june" title="https://www.bloomberg.com/news/articles/2025-05-08/shell-s-lng-canada-plans-first-exports-as-soon-as-late-june">https://www.bloomberg.com/news/articles/2025-05-08/shell-s-lng-canada-plans-first-exports-as-soon-as-late-june</a>

Commodities

SHEL

Bloomberg: 'Shell's LNG Canada Plans First Exports as Soon as Late June'

Citigroup analyst Andrew Kaplowitz maintains Rockwell Automation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROK#NYSE">ROK</a>) with a Buy and raises the price target from $283 to $327.

Citigroup Maintains Buy on Rockwell Automation, Raises Price Target to $327

WIIM

SEDG

SolarEdge Technologies shares are trading higher. The company recently reported better-than-expected Q1 financial results and issued Q2 sales guidance above estimates.

Citigroup analyst Michael Rollins maintains Cencora (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COR#NYSE">COR</a>) with a Buy and raises the price target from $330 to $355.

Citigroup Maintains Buy on Cencora, Raises Price Target to $355

Germany's <a href="https://www.benzinga.com/topic/germany-cannabis">cannabis landscape</a> continues evolving at a rapid pace. From extensive pharmacy access to a surge in cultivation associations, the country's dual-track model—medical and non-commercial adult use—has turned it into one of the most closely watched cannabis markets in the world.
Still, many in the industry argue that restrictive EU regulations are preventing Germany from reaching its full potential.
<h3 class="wp-block-heading">1 In 7 Pharmacies Now Dispenses Medical Cannabis</h3>
As reported by <a href="https://internationalcbc.com/more-than-1-out-of-every-7-german-pharmacies-offers-medical-cannabis/?utm_source=ICBC+Combined+List+Newsletter+and+Outreach&amp;utm_campaign=7599cd320e-EMAIL_CAMPAIGN_2025_05_05_06_44&amp;utm_medium=email&amp;utm_term=0_-7599cd320e-23726375">ICBC</a>, roughly 2,500 of Germany's 17,000 pharmacies now offer medical cannabis products—a dramatic expansion since legal access began in 2017. Patients can also order cannabis online with a private prescription and have it delivered directly to their homes.
According to the German Cannabis Business Association (BvCW), the country's legal medical cannabis revenue is now estimated at around half a billion euros annually.
Yet that number only scratches the surface of the market's potential. At ICBC Berlin, economist Beau Whitney presented data showing flower and extract sales dominate the German market due to a ban on edibles and other product formats. For comparison, U.S. 4/20 sales were only 41% flower, with the rest divided between vapes, <a href="https://www.benzinga.com/markets/cannabis/25/05/45263739/they-turned-fruit-bouquets-into-a-500m-a-year-businessnow-theyre-selling-thc-heres-why">edibles</a>, <a href="https://www.benzinga.com/markets/cannabis/25/04/44929611/why-pre-rolls-are-cannabis-most-profitable-format-from-california-to-canada">pre-rolls</a> and topicals.
The takeaway? Consumers who prefer smokeless options have limited legal choices in Germany, leaving the door open for the unregulated market.
<h3 class="wp-block-heading">Germany's Cultivation Associations Are Growing Fast</h3>
Meanwhile, the number of licensed cannabis cultivation associations continues to rise. As of early May, Germany had approved 211 of the 624 applications submitted nationwide since the member-based model went live in July 2024.
The associations—legal under EU health policy frameworks—allow registered members to collectively grow cannabis for personal use. Though not commercial in nature, they offer a legal alternative for adults seeking safe, regulated cannabis outside the pharmacy system.
For perspective, Malta—another EU member state with a similar model—has issued 19 permits for its 570,000 residents. Applying Malta's ratio to Germany's population of 84 million implies that over 2,800 associations could eventually be formed.
Still, much remains in flux. Only 25 German applications have been formally rejected so far and many approved groups are still navigating the setup phase.
<h3 class="wp-block-heading">What's Next?</h3>
Germany is already Europe's largest cannabis market, and interest from international operators and policymakers shows no sign of slowing. But experts say broader legalization—including more product categories and commercial access—is essential to meet patient demand and curb illicit activity.
As the BvCW notes, &#8220;the industry's revenue is now estimated at around half a billion euros"—but with edibles, national retail and broader exports still off-limits, the true ceiling remains far higher.
<h3 class="wp-block-heading">Stocks To Watch</h3>
Germany's expanding cannabis market has attracted significant investment from major publicly traded companies. Here are some key players:
<ul>
<li>Tilray Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLRY#NASDAQ">TLRY</a>): Tilray operates a GMP-certified cultivation facility in Neumünster and has recently expanded its medical cannabis offerings in Germany, including new extract formulations and high-THC flower strains under the Tilray Craft brand.</li>
<li>Aurora Cannabis (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACB#NASDAQ">ACB</a>): Aurora launched its first domestically grown medical cannabis brand, IndiMed, cultivated at its EU-GMP facility in Leuna. This move positions Aurora as one of the few companies with local production capabilities in Germany.</li>
<li>Canopy Growth (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGC#NASDAQ">CGC</a>): Canopy Growth has introduced its Tweed brand to the German medical cannabis market, expanding its product lineup with new strains through strategic partnerships with EU-based cultivators.</li>
<li>Curaleaf Holdings (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CURLF#OTC">CURLF</a>): Curaleaf has taken a majority stake in Germany&#8217;s Four 20 Pharma, enhancing its footprint in the European market and aiming to leverage Four 20 Pharma&#8217;s distribution network.</li>
<li>High Tide (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HITI#NASDAQ">HITI</a>): High Tide initially planned to enter the German medical cannabis market through the acquisition of Purecan GmbH. However, the company is currently reevaluating this strategy and exploring alternative arrangements to establish a presence in Germany.</li>
</ul>
Photo: Shutterstock

Cannabis

Eurozone

CURALEAF HLDGS INC by Curaleaf Hldgs Inc.

CURLF

HITI

TLRY

Germany's Cannabis Industry Hits 500 Million Euros: 2,500 Pharmacies Now Dispense, 211 Grow Clubs Approved

Press Releases

Distribution Solutions Group's Operating Company, TestEquity, Enters into Agreement for Strategic Acquisition

Distribution Solutions Group Announces Timing for Third Quarter 2024 Results and Conference Call

Distribution Solutions Group Announces 2024 Third Quarter Results

Distribution Solutions Group to Participate in Two Conferences: Baird 2024 Global Industrial Conference & Stephens Annual Investment Conference (NASH2024)

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