The Latest Breaking News from North America

Cargojet Inc (TSX:CJT) (OTC:CGJTF) announced the appointment of Scott Calver as its new Chief Financial Officer. Calver most recently served as the CFO of Trimac Transportation. Before Trimac, Calver served as Vice President, Finance for ICS Courier from 2004 to 2008. Cargojet provides air cargo services to all major cities across North…

Sonoco Products Co (NYSE:SON) plans to raise the price of all paperboard tubes and cores by a minimum of 6%. The price rise will be effective with shipments in the U.S. and Canada on or after June 10, 2022. "Ongoing market tightness and additional inflationary cost pressures from rising paperboard prices, our primary raw…

Adidas AG (OTC:ADDYY) reported first-quarter FY22 sales growth of 0.6% year-on-year to €5.3 billion. Currency-neutral sales declined 3% as supply constraints reduced the top-line by €400 million. Currency-neutral sales across North America rose 13%, EMEA improved 9%, and Latin America jumped 38%. The challenging market environment and COVID-19-related lockdowns in Greater China and…

National park rangers in Alaska have resumed an aerial search for the year’s first registered climber on North America’s tallest peak after he didn’t check in with a friend

Romeo Power Inc (NYSE:RMO) has bagged a lithium-ion batteries supply contract from a U.S. manufacturer of Low-Speed Electric Vehicles (LSEVs). The financial terms were not disclosed. Romeo will be the sole provider of batteries for the manufacturer's next-generation vehicle. Romeo Power CEO Susan Brennan stated, "This partnership allows Romeo to fulfill our customer's need…

AdvanSix Inc (NYSE:ASIX) reported first-quarter FY22 sales growth of 27% year-over-year to $479.07 million, missing the consensus of $481.77 million. Adjusted EPS improved to $2.26 compared to $1.05 in 1Q21, beating the consensus of $1.71. AdvanSix' net cash provided by operating activities for the quarter totaled $49.16 million, compared to $57.1 million…

Under Armour Inc (NYSE:UAA) (NYSE:UA) reported sales growth of 3% year-on-year to $1.30 billion for its transition quarter ended March 31, 2022, missing the consensus of $1.32 billion. As announced earlier, following a three-month transition period (January 1 – March 31, 2022), Under Armour's FY23 will run from April 1, 2022, through March…

We attended the 2022 Cake Worlds Race North American round in California and the competition was fierce, fun, and fantastic to see.

Hain Celestial Group Inc (NASDAQ:HAIN) reported third-quarter FY22 sales growth of 2.1% year-on-year to $502.94 million, missing the consensus of $521.54 million. Net sales from North America increased 13.3% Y/Y, and International sales declined 14%. Adjusted gross margin for the quarter fell 400 basis points Y/Y to 23.4%. The gross margin contracted 340…

Aptiv PLC (NYSE:APTV) reported first-quarter FY22 sales growth of 4% year-on-year to $4.18 billion, beating the consensus of $4.04 billion. Revenue rose 4% adjusted for currency exchange and commodity movements. Revenue in North America rose 7%, South America increased 24%, Europe fell 5%, and Asia increased 9%, which includes growth of 14% in…

Ingredion Inc (NYSE:INGR) reported first-quarter FY22 sales growth of 17% year-on-year to $1.89 billion, beating the consensus of $1.77 billion. Sales in North America increased 24% Y/Y to $1.2 billion, South America fell 8% to $252 million, Asia-Pacific grew 16% to $272 million, and EMEA climbed 20% to $194 million. The gross profit…