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Middle East Consumer Products News: Press Releases

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Press releases published on June 4, 2025

Costco Wholesale Corporation Reports May Sales Results

Costco Wholesale Corporation Reports May Sales Results

ISSAQUAH, Wash., June 04, 2025 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $20.97 billion for the retail month of May, the four weeks ended June 1, 2025, an increase of 6.8 percent …

Ocean Power Technologies Announces Hiring of Jason Weed as Senior Vice President – Commercial Sales

Ocean Power Technologies Announces Hiring of Jason Weed as Senior Vice President – Commercial Sales

MONROE TOWNSHIP, N.J., June 04, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative, cost-effective, low-carbon and artificial intelligence maritime services that enable safer and …

Xcel Brands, Inc. Announces First Quarter 2025 Financial Results, Shows Continued Improvements in Operating Results as a Result of Its “Project Fundamentals” Restructuring Program

Xcel Brands, Inc. Announces First Quarter 2025 Financial Results, Shows Continued Improvements in Operating Results as a Result of Its “Project Fundamentals” Restructuring Program

First quarter 2025 net loss of $2.8 million, representing a 56% improvement from the prior year quarter net loss of $6.3 million. Net loss on a non-GAAP basis was $1.4 million for the first quarter 2025, representing a 24% improvement from the first …

Lulus Announces CFO Transition

Lulus Announces CFO Transition

CHICO, Calif., June 04, 2025 (GLOBE NEWSWIRE) -- Lulu’s Fashion Lounge Holdings, Inc. (“Lulus” or the “Company”) (Nasdaq: LVLU), the attainable luxury brand for women, today announced that Tiffany R. Smith, Chief Financial Officer, is stepping down from …

Superior Group of Companies to Participate in the Sidoti June Investor Conference

Superior Group of Companies to Participate in the Sidoti June Investor Conference

ST. PETERSBURG, Fla., June 04, 2025 (GLOBE NEWSWIRE) -- Superior Group of Companies, Inc. (NASDAQ: SGC) today announced that Chairman, President and Chief Executive Officer, Michael Benstock, and Chief Financial Officer, Mike Koempel, will participate in a …

Five Below, Inc. Announces First Quarter Fiscal 2025 Financial Results

Five Below, Inc. Announces First Quarter Fiscal 2025 Financial Results

Q1 Net Sales Increase of 19.5% to $970.5 million; Comparable Sales Increase of 7.1% Q1 GAAP Diluted EPS of $0.75, Q1 Adjusted Diluted EPS of $0.86 Increases Full Year 2025 Sales Guidance; Raises Low End of EPS Guidance Range Announces CFO Transition …

ZBIO INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Zenas BioPharma, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

ZBIO INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Zenas BioPharma, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz …

RKT INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Rock Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

RKT INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Rock Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz …

TMCI INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Treace Medical Concepts, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

TMCI INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Treace Medical Concepts, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz …

Bragar Eagel & Squire, P.C. is Investigating CaaStle, Inc. on Behalf of Stockholders and Encourages Fund Investors to Contact the Firm

Bragar Eagel & Squire, P.C. is Investigating CaaStle, Inc. on Behalf of Stockholders and Encourages Fund Investors to Contact the Firm

NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel …

INVESTOR ALERT: Holzer & Holzer, LLC Reminds Investors of June 10, 2025 Lead Plaintiff Deadline in the BigBear.ai Holdings, Inc. (BBAI) Securities Class Action – Investors With Significant Losses Encouraged to Contact the Firm

INVESTOR ALERT: Holzer & Holzer, LLC Reminds Investors of June 10, 2025 Lead Plaintiff Deadline in the BigBear.ai Holdings, Inc. (BBAI) Securities Class Action – Investors With Significant Losses Encouraged to Contact the Firm

ATLANTA, June 04, 2025 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against BigBear.ai Holdings, Inc. (“BigBear.ai” or “the Company”) (NYSE: BBAI). The lawsuit alleges that Defendants made materially false and/or misleading …

AndaSeat Redefines Arm Ergonomics with New 6D Armrests on Kaiser 4 Series

AndaSeat Redefines Arm Ergonomics with New 6D Armrests on Kaiser 4 Series

AndaSeat Redefines Arm Ergonomics with New 6D Armrests on Kaiser 4 Series SPOKANE, WA, UNITED STATES, June 3, 2025 /⁨EINPresswire.com⁩/ -- Kaiser 4’s 6D armrest system introduces new standards in functional mobility, locking precision, and long-session …

RYTHM Premium Cannabis Brings Back The Miracle in Mundelein for a Third Year with Legal On-Site Cannabis Consumption and a Star-Studded Lineup

RYTHM Premium Cannabis Brings Back The Miracle in Mundelein for a Third Year with Legal On-Site Cannabis Consumption and a Star-Studded Lineup

Damian "Jr. Gong" Marley, De La Soul, Umphrey’s McGee, Dark Star Orchestra and more are scheduled to headline the two-day event General admission and VIP ticket sales will be available on Friday, June 6 at 12:00 pm CST at www.themiracleconcert.com The …

AESO Announces Interim Approach to Large Load Connections

AESO Announces Interim Approach to Large Load Connections

CALGARY, Alberta, June 04, 2025 (GLOBE NEWSWIRE) -- The Alberta Electric System Operator (AESO) has introduced a new interim approach that will enable the connection of up to 1,200 megawatts (MW) of large load projects, such as data centres, between now …

BPX Showcases Its Success in BPM Implementation for Global Enterprises

BPX Showcases Its Success in BPM Implementation for Global Enterprises

BPX is a global leader in BPM consulting and is creating quite some buzz in the industry, due to its expertise in Business Process Management (BPM) solutions. PUNE, MAHARASHTRA, INDIA, June 4, 2025 /⁨EINPresswire.com⁩/ -- BPX leverages state-of-the-art …

Chinese Carmakers Dominate Israel’s Imported Passenger Car Sales

Chinese Carmakers Dominate Israel’s Imported Passenger Car Sales

(MENAFN) Chinese auto manufacturers captured the largest portion of Israel’s imported passenger car sales in the first five months of the year, moving 39,582 gasoline and electric vehicles, according to data released Tuesday by the Israel Vehicle Importers …

Bulgaria Clears Major Hurdle to Adapt Euro as Its Currency

Bulgaria Clears Major Hurdle to Adapt Euro as Its Currency

(MENAFN) The European Commission revealed on Wednesday that Bulgaria has satisfied all requirements to adopt the euro as its currency starting January 1, 2026, setting the stage for the country to become the euro area's 21st member. This conclusion, …

Bank of England Chief Warns of Global Trade Damage

Bank of England Chief Warns of Global Trade Damage

(MENAFN) The head of the Bank of England, Andrew Bailey, stated on Tuesday that the international trade framework that supported worldwide economic progress for many years has suffered significant harm—mainly due to the trade disputes initiated by U.S. …

Brazil’s Lula Blasts U.S. Visa Restrictions on Judge Alexandre de Moraes

Brazil’s Lula Blasts U.S. Visa Restrictions on Judge Alexandre de Moraes

(MENAFN) Brazilian President Luiz Inacio Lula da Silva strongly criticized the recent U.S. visa restrictions targeting Supreme Federal Court (STF) Justice Alexandre de Moraes, branding the move as “unacceptable.” During a press briefing on Tuesday, Lula …

Germany Evacuates Thousands After WWII Bomb Discovery

Germany Evacuates Thousands After WWII Bomb Discovery

(MENAFN) The German metropolis of Cologne is bracing for its most extensive evacuation effort since the Second World War, following the detection of three undetonated bombs in the Deutz neighborhood. Approximately 20,000 individuals are being relocated …

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