In today’s briefing:
- Vega and Rivals Expand Home Decor E-Commerce in Japan
- Keurig Dr Pepper to Spin-Off Coffee From Beverages Following JDE Peet’s Acquisition
- NIFTY 50 Tactical View: Risk-Off Scenario Before Sep-30 Rebalance + Tariffs Impact
- Ola Electric 2.0: From Scooters to Cells and Rare-Earth-Free Motors
- The Environment Necessary for Disclosure of Annual Securities Report 3 Weeks Prior to AGMs Is…
- Under Armour’s Bold Comeback: How the Brand Is Winning Over Young Consumers!
- Acushnet Holdings Corp.: Is Its Product Launch Strategy the Secret to Staying Ahead?
- The Wendy’s Company’s “One Vision” Strategy Sparks Franchise Confidence!
- Celsius Holdings Boosts Household Penetration—Is 43% Just The Beginning of Market Domination?
Vega and Rivals Expand Home Decor E-Commerce in Japan
- E-Commerce is a natural fit for furniture brands given the difficulty of taking purchases home from stores.
- A number of start-ups are attracting investment and growing fast, but more established online players like Lowya are now opening stores given demand to try out furniture before purchase.
- Industry estimates suggest the e-commerce home decor market is growing at twice the rate of the market overall.
Keurig Dr Pepper to Spin-Off Coffee From Beverages Following JDE Peet’s Acquisition
- Keurig Dr Pepper, following the close of the JDE Peet’s acquisition, plans to separate Global Coffee Co. via a tax-free spin-off to KDP shareholders
- Post separation, the parent will retain North American refreshment beverages portfolio (Dr Pepper, Canada Dry, 7UP, A&W, energy/functional, RTD alcohol adjacencies).
- We view KDP’s two-step transaction as value accretive for shareholders, creating two investable profiles that should appeal to distinct shareholder bases.
NIFTY 50 Tactical View: Risk-Off Scenario Before Sep-30 Rebalance + Tariffs Impact
- As forecasted in our previous insight, the NIFTY Index rallied past 25k, but we said this was a BEARISH pattern – rally was short-lived (2 weeks), then this week down.
- Effective September 30 InterGlobe Aviation (IndiGo) and Max Healthcare Institute will be added to the NIFTY, replacing Hero MotoCorp and IndusInd Bank, in the meanwhile 50% US tariffs kicked in.
- We see a potential continuation of the recent bearishness with a RISK-OFF scenario where the index could drop to much lower prices in September, support target 23819 or below.
Ola Electric 2.0: From Scooters to Cells and Rare-Earth-Free Motors
- Ola secured Auto-PLI compliance for its Gen-3 scooters and guided first deliveries with in-house “Bharat” 4680 cells in Q2 FY26, with heavy rare-earth-free motors in Q3 FY26.
- ACC-PLI plus Auto-PLI and insourced cells/motors can lift gross margins structurally, derisk China-centric magnet supply, and shift Ola from assembler to integrated value-chain player.
- Watch PLI accrual from Q2 FY26, the 1.4→5 GWh cell ramp, and ferrite motor rollout in Q3 FY26. Execution across these will validate the “not just an EV company” narrative.
The Environment Necessary for Disclosure of Annual Securities Report 3 Weeks Prior to AGMs Is…
- There is a clear difference in awareness of pre-AGM disclosure in annual securities reports between companies that are targeted by overseas investors and those that are not.
- Regarding the postponement of shareholder meetings, companies that have responded to investor needs are considering postponing their AGM dates, while most other companies are reluctant to do so.
- In order for more companies to disclose their annual securities reports three weeks prior to AGMs and postpone their AGM dates, more companies need to be aware of this need.
Under Armour’s Bold Comeback: How the Brand Is Winning Over Young Consumers!
- Under Armour’s recent earnings present a picture of a company undergoing significant transformation while facing notable challenges.
- The company’s management team, led by CEO Kevin Plank, highlights a strategic direction aimed at strengthening Under Armour’s brand identity, fostering innovation in product offerings, and bolstering consumer engagement.
- This reinvention strategy is juxtaposed with immediate market adversities, including declining revenues and the impact of newly introduced tariffs.
Acushnet Holdings Corp.: Is Its Product Launch Strategy the Secret to Staying Ahead?
- Acushnet Holdings Corp.’s Q2 2025 results reveal a steady performance characterized by growth in specific segments, balanced by challenges in others, influenced by external factors such as tariffs and global economic conditions.
- With worldwide net sales increasing by 5% to $720 million and adjusted EBITDA rising by 9%, the company succeeded in leveraging its strengths in Golf Equipment and Gear.
- Positives from the quarter include significant growth in the Golf Equipment segment, driven by the successful launch of new Pro V1 golf ball models and momentum in GT Metals and hybrid clubs.
The Wendy’s Company’s “One Vision” Strategy Sparks Franchise Confidence!
- The Wendy’s Company’s latest earnings for the second quarter of fiscal 2025 highlighted several strategic initiatives and results that offer insights into the company’s current performance and future direction.
- The earnings report presented both strengths and challenges, providing an opportunity to analyze the company’s potential as an investment.
- Starting with the positives, Wendy’s reported significant international growth, with systemwide sales increasing by 8.7% and adjusted EBITDA growing by 23.9% in their International segment.
Celsius Holdings Boosts Household Penetration—Is 43% Just The Beginning of Market Domination?
- Celsius Holdings has delivered a robust performance in the second quarter of 2025, with significant revenue growth driven primarily by its recent acquisition, the Alani Nu brand.
- Total revenue rose by 84% year-over-year to $739.3 million, a substantial increase facilitated by a strong gain from Alani Nu, which contributed $301.2 million.
- Meanwhile, Celsius-branded products continued their growth trajectory with a 9% increase, reflecting successful innovation and expanded distribution networks.
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