Subdued demand and market overstock continue to severely adversely impact the Company's financial results and liquidity Key restructuring measures include the termination or winding down of non-performing assets, the rightsizing of under-performing business units as well as the evaluation of disposals of non-core assets In connection with the strategic realignment the Company will delist its shares from the NYSE and terminate its SEC reporting requirements The role of the current CEO of Internetstores, Torsten Waack van Wasen, will be expanded to join the management team as Chief Performance Officer (CPO) of the Group. SIGNA Sports United N.V. ("SSU" or the "Company"), a specia

SIGNA Sports United N.V. ("SSU" or the "Company"), a NYSE-listed specialist sports e-commerce company with businesses in bike, tennis, outdoor, and teamsports, today announced the appointment of Mr. Anthonie Anbeek to its Board of Directors, effective April 1, 2024. Mr. Anbeek, an experienced Consumer products and Bicycle industry executive, most recently as CEO of leading bicycle manufacturer Accell Group is expected to bring a wealth of leadership and strategic insights to support SSU's growth strategy. During his successful tenure at Accell Group, Mr. Anbeek navigated the company through a critical phase of growth transforming Accell Group into Europe's market leader in e-bikes. In a

SIGNA Sports United, the world's leading e-commerce and technology platform, today announced the appointment of Hap Seliga, a renowned founder, executive and advisor in the cycling industry, as head of its North American bike operations, as the firm pivots to growth in the US bike market. SIGNA Sports United's recent listing on the NYSE and acquisition of Wiggle CRC, creating the largest online bike retailer in the world, positions the firm well to take advantage of US market opportunities as the sports ecommerce industry experiences explosive growth. Seliga has enjoyed a long and impressive history as a leader in the cycling community in the United States achieved largely through a diffe

Strategic realignment and cost initiatives of up to €100 million implemented H1 FY23 net revenue of €441 million, YoY reported change of -2% Subdued demand and market overstock weighing on financial results and liquidity Active Customers of 6.1 million, representing a decrease of (-15)% YoY Net Revenue of €441 million in H1 FY23 down (-2)% YoY, Q2 FY23 Net revenue decreased (-23)% YoY Gross profit of €117 million in H1 FY23 and €44 million in Q2 FY23 Adj. EBITDA decreased to (€97) million in H1 FY23 and (€59) million in Q2 FY23 Secured €150 million commitment from major indirect shareholder to fund the operations of the business into FY25 SIGNA Sports United N.V. ("SSU" or

SIGNA Sports United ("SSU" or the "Company"), a global specialist sports e-commerce company listed on the New York Stock Exchange, today announced that the Company's second quarter fiscal 2023 financial results will be released before the markets open on Wednesday June 28, 2023. SSU's management will host a conference call on June 28, 2023 at 8:30 a.m. Eastern Time to discuss the results. Interested parties will be able to access the conference call by dialing 1-855-9796-654 (in the United States) or +1- 646-664-1960 (outside of the United States), along with access code 424915. The conference call will be simulcast and archived on SSU's website at https://investor.signa-sportsunited.

Q1 FY23 net revenue of €246 million, YoY growth of +27%1 Overstocked market impacting Q1 FY23 gross margin, as expected Continued focus on strategic realignment assessment and cost reduction measures Active customers of 6.3 million, representing an increase of +26% YoY Net revenue up +27% to €246 million in Q1 FY23 Gross profit at €73 million in Q1 FY23 SIGNA Sports United N.V. ("SSU" or the "Company"), a NYSE-listed specialist sports e-commerce company with businesses in bike, tennis, outdoor, and team sports, today issued a trading update for the first quarter of fiscal year 2023 ended December 31, 2022. Q1 FY23 includes full contribution of businesses acquired in FY22, WiggleCR

FY22 net revenue of €1,063 million, YoY growth of +31%1 Challenging market situation impacting FY22 profitability Strategic realignment assessment and cost reduction measures underway FY22 includes three quarters of full contribution of businesses acquired in-period (WiggleCRC and Tennis Express) Active customers of 6.7 million, representing an increase of +39% YoY Net revenue up +28% to €300 million in Q4 FY22 and +31% to €1,063 million in FY22 YoY; pro forma2 FY22 revenue of €1,199 million Gross profit increased YoY by +8% to €95 million in Q4 FY22 and +18% to €369 million in FY22 Adj. EBITDA at (€29) million in Q4 FY22 and (€66) million in FY22 Net loss at (€566) million for

Signa Sports United N.V. ("SSU" or the "company"), a NYSE-listed specialist sports e-commerce company with businesses in bike, tennis, outdoor and team sports, today announced that the company's fourth quarter and full-year fiscal 2022 financial results will be released before the markets open on Tuesday, February 7, 2023. SSU's management will host a conference call on February 7, 2023 at 8:30 a.m. Eastern Time to discuss the results. Interested parties will be able to access the conference call by dialing 1-855-9796-654 (in the United States) or +1-646-664-1960 (outside of the United States), along with access code 136438. The conference call will be simulcast and archived on SSU's websi

Q3 FY22 net revenue of €324 million, YoY growth of +29% Adapting to the challenging environment to deliver long-term profitable growth Q3 FY22 includes full contribution of recently acquired businesses WiggleCRC and Tennis Express Active customers of 7.0 million, representing an increase of +42% YoY Net revenue up +29% YoY to €324 million in Q3 FY22 and +29% YoY to €806 million for 9M FY22 Gross profit increased +13% YoY to €115 million in Q3 FY22 and +19% YoY to €292 million for 9M FY22 Adj. EBITDA down to (€13) million in Q3 FY22 and (€42) million for 9M FY22 Net loss at (€52) million in Q3 FY22 and (€254) million for 9M FY22, with 9M FY22 being mostly impacted by one-off acco

SIGNA Sports United ("SSU" or the "Company"), a NYSE listed specialist online sports retail company with businesses and brands in bike, tennis, outdoor and team sports, today announced that the Company's third quarter fiscal 2022 financial results will be released before the markets open on Tuesday August 16, 2022. SSU's management will host a conference call on August 16, 2022 at 8:30 a.m. Eastern Time to discuss the results. Interested parties will be able to access the conference call by dialing 1-855-9796-654 (in the United States) or +1-646-664-1960 (outside of the United States), along with access code 837143. The conference call will be simulcast and archived on SSU's website at htt

Q2 FY22 net revenue of €269 million, YoY growth of +48% Focus on delivering on strategic priorities in a challenging environment First fiscal quarter of full contribution of recently acquired businesses (WiggleCRC, Tennis Express) Active customers of 7.4 million, representing an increase of +62% YoY Net revenue grew +48% YoY to €269 million in Q2 FY22 and +29% YoY to €481 million in H1 FY22 Gross profit increased +37% YoY to €98 million in Q2 FY22 and +23% YoY to €177 million in H1 FY22 Adj. EBITDA fell to (€17) million in Q2 FY22 and (€29) million in H1 FY22 Net loss was down to (€37) million in Q2 FY22 and (€202) million in H1 FY22, H1 FY22 being largely impacted by one-off a

SIGNA Sports United ("SSU" or the "Company"), a specialist online sports retail company with a focus on bike, tennis, outdoor and team sports, today announced that the Company's second quarter fiscal 2022 financial results will be released before the markets open on Thursday 2 June 2022. SSU's management will host a conference call on 2 June 2022 at 8:30 a.m. Eastern Time to discuss the results. Interested parties will be able to access the conference call by dialing 1-855-979-6654 (in the United States) or +1-646-664-1960 (outside of the United States), along with access code 863490. The conference call will be simulcast and archived on SSU's website at https://investor.signa-sportsunited

Net revenue growth despite supply constraints; Q1 FY22 net revenue of €213 million, growth of 11% over FY21 and 60% compared to FY20 Began trading on the New York Stock Exchange on December 15, 2021 and closed the acquisitions of WiggleCRC and Tennis Express in December 2021 Active customers exceeded 7.4 million, pro forma for newly closed acquisitions, representing an increase of 76% YoY Net revenue grew 11% YoY to €213 million in Q1 FY22 and 17% for LTM FY22 to €892 million, despite supply constraints in full-bike category Excluding full-bike sales, net revenue grew 15% and 24% YoY for Q1 and full year LTM Q1 FY22, respectively Top-line resilience evidenced by two-year net reven

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Gainers EBET (NASDAQ:EBET) stock rose 25.8% to $0.52 during Tuesday's regular session. As of 13:30 EST, this security is trading at a volume of 17.0 million shares, making up 371.3% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $7.7 million. Tupperware Brands (NYSE:TUP) shares increased by 23.22% to $1.44. Trading volume for Tupperware Brands's stock is 9.2 million as of 13:30 EST. This is 42.4% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $64.1 million. Volcon (NASDAQ:VLCN) shares rose 18.89% to $0.44. As of 13:30 EST, this security is trading at a volume of 483.4K sha

  Tuesday saw 132 companies set new 52-week lows. Facts of Interest About Today's 52-Week Lows: Corning (NYSE:GLW) was the largest, in terms of market cap, to set a new 52-week low. Wheeler Real Estate IT (NASDAQ:WHLR) was the smallest company when considering market cap to set a new 52-week low. Fortress Biotech (NASDAQ:FBIO) saw the largest move of the companies, as shares plummetted 1350.03% to hit a new 52-week low. Insulet (NASDAQ:PODD)'s stock made the biggest bounce back, actually moving up 0.0% shortly after hitting a new 52-week low. Here are all the stocks that set new 52-week lows on Tuesday: Corning (NYSE:GLW) shares were up 0.2% for the day, having made a 52-week lo

Gainers Hyatt Hotels (NYSE:H) shares moved upwards by 6.6% to $111.33 during Monday's after-market session. The market value of their outstanding shares is at $11.6 billion. Aterian (NASDAQ:ATER) stock moved upwards by 5.29% to $0.33. The market value of their outstanding shares is at $27.8 million. Regis (NYSE:RGS) shares increased by 4.67% to $0.67. The market value of their outstanding shares is at $30.5 million. Worksport (NASDAQ:WKSP) stock increased by 4.32% to $1.93. The company's market cap stands at $33.6 million. SIGNA Sports United (NYSE:SSU) shares increased by 3.54% to $0.11. Today's trading volume for this security ended up closing at 153.8K shares, which is 28.0 percent o

Gainers Phoenix Motor (NASDAQ:PEV) shares increased by 43.6% to $1.47 during Monday's regular session. As of 13:31 EST, this security is trading at a volume of 5.1 million shares, making up 8258.4% of its average full-day volume over the last 100 days. The company's market cap stands at $31.1 million. ECARX Holdings (NASDAQ:ECX) shares rose 14.5% to $3.71. ECARX Holdings's stock is trading at a volume of 549.2K shares as of 13:31 EST. This is 153.1% of its average full-day volume over the last 100 days. The company's market cap stands at $1.2 billion. WW International (NASDAQ:WW) stock rose 12.73% to $11.77. The current volume of 5.4 million shares is 122.8% of WW International's average

Gainers EpicQuest Education Group (NASDAQ:EEIQ) stock moved upwards by 25.0% to $1.1 during Friday's regular session. Trading volume for this security as of 13:30 EST is 205.8K, which is 821.8% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $12.8 million. Visionary Education Tech (NASDAQ:VEDU) stock rose 15.38% to $0.19. Visionary Education Tech's stock is trading at a volume of 1.0 million shares as of 13:30 EST. This is 126.6% of its average full-day volume over the last 100 days. The company's market cap stands at $9.3 million. a.k.a. Brands Holding (NYSE:AKA) shares increased by 12.14% to $4.34. The market value of their outst

Gainers ToughBuilt Industries (NASDAQ:TBLT) stock rose 10.5% to $0.2 during Friday's pre-market session. The market value of their outstanding shares is at $6.7 million. Hall Of Fame Resort (NASDAQ:HOFV) shares increased by 7.97% to $4.47. The company's market cap stands at $25.3 million. Visionary Education Tech (NASDAQ:VEDU) stock increased by 7.48% to $0.18. The company's market cap stands at $8.7 million. Naas Technology (NASDAQ:NAAS) stock rose 6.02% to $3.17. The market value of their outstanding shares is at $711.4 million. Fitell (NASDAQ:FTEL) shares moved upwards by 5.91% to $2.15. The market value of their outstanding shares is at $23.9 million. Jakks Pacific (NASDAQ:JAKK) st

Gainers Orchard Therapeutics plc (NASDAQ:ORTX) shares climbed 97.7% to $15.98 after the company agreed to be acquired by Japan's Kyowa Kirin for $16.00 per ADS in cash plus an additional contingent value right of $1.00 per ADS. Meiwu Technology Company Limited (NASDAQ:WNW) gained 69.4% to $0.1641. VS MEDIA Holdings Limited (NASDAQ:VSME) climbed 66% to $7.74. VS Media announced its expansion into Macau. SP Plus Corporation (NASDAQ:SP) shares gained 47.5% to $52.24 after Metropolis Technologies announced it will acquire the company for $1.5 billion. Camber Energy, Inc. (NYSE:CEI) jumped 40% to $0.3470. Better Choice Company Inc. (NYSE:BTTR) shares climbed 37.5% to $0.2198 after gaini

Gainers Orchard Therapeutics plc (NASDAQ:ORTX) shares rose 95.5% to $15.80 in pre-market trading after the company inked a deal with Kyowa Kirin Co., Ltd. to be acquired for $16.00 per ADS in cash plus an additional contingent value right of $1.00 per ADS, representing a total value of about $477.6 million. Meiwu Technology Company Limited (NASDAQ:WNW) shares gained 62.3% to $0.1573 in pre-market trading after falling 4% on Wednesday. Molekule Group, Inc. (NASDAQ:MKUL) shares rose 38.7% to $0.1595 in pre-market trading. Molekule Group shares fell 44% on Wednesday after the company and its subsidiary filed for Chapter 11 bankruptcy. Femasys Inc. (NASDAQ:FEMY) rose 27.5% to $2.92 in pre-

  On Wednesday, 311 stocks hit new 52-week lows. Noteworthy Points From Today's 52-Week Lows: Bristol-Myers Squibb Company Common Stock (NYSE:BMY) is the largest company in terms of market cap to set a new 52-week low this morning. SenesTech, Inc. - Common Stock (NASDAQ:SNES) was the smallest company by market cap to set a new 52-week low. A10 Networks, Inc. Common Stock (NYSE:ATEN) saw the most pronounced move, as shares traded down 28.81% to hit its new 52-week low. Bank Of Montreal Common Stock (NYSE:BMO) was the biggest winner of the bunch, with shares actually trading up 0.0% after it rebounded from its new 52-week low. Stocks dropping to new 52-week lows on Wednesday: Bris