Gates Industrial Corporation plc Stock News

DENVER , Jan. 14, 2025 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES) will issue its fourth-quarter earnings release before the market opens on Thursday, February 6, 2025. Management will host a webcast and conference call on the same day at 11:00 a.m.

We initially doubled down on Gates Industrial Corporation due to growing profitability, improving margins, and a bullish technical pattern, resulting in a 34%+ return. Despite favorable sales mix and cost-saving initiatives, concerns remain about the sustainability of margin expansion in a negative sales environment. Management's significant stock buybacks raise questions about the long-term tr...

DENVER , Nov. 4, 2024 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE: GTES), a global manufacturer of innovative, highly engineered power transmission and fluid power solutions, today announced that management will participate in fireside chats at the following upcoming investor conferences: The Baird Global Industrial Conference on Wednesday, November 13, 2024 at 4:05 p.m. Central time.

Gates Industrial Corporation plc (NYSE:GTES ) Q3 2024 Earnings Conference Call October 30, 2024 11:00 AM ET Company Participants Rich Kwas - Vice President-Investor Relations Ivo Jurek - Chief Executive Officer Brooks Mallard - Chief Financial Officer Conference Call Participants Jeff Hammond - KeyBanc Nigel Coe - Wolfe Research Damian Karas - UBS Julian Mitchell - Barclays Deane Dray - RBC Mik...

DENVER , Oct. 30, 2024 /PRNewswire/ --  Third -Quarter 2024 Financial Summary Third-quarter net sales of $830.7 million, down 4.8% compared to the prior-year period and representing a core sales decline of 3.8% year-over-year. Net income attributable to shareholders of $47.6 million, or $0.18 per diluted share.

DENVER , Oct. 8, 2024 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE: GTES) will issue its third-quarter earnings release before the market opens on Wednesday, October 30, 2024. Management will host a webcast and conference call on the same day at 11:00 a.m.

On September 30, 2024, Allspring Global Investments Holdings, LLC (Trades, Portfolio) made a significant addition to its investment portfolio by acquiring an additional 303,353 shares of Gates Industrial Corp PLC (GTES, Financial). This transaction, executed at a price of $17.55 per share, increased Allspring's total holdings in the company to 14,929,377 shares.

Expanding its cutting-edge portfolio of data center cooling solutions, the Data Master™ Cooling Hose provides flexibility, performance, and cleanliness designed for high-performance computing environments DENVER , Sept. 10, 2024 /PRNewswire/ -- Gates  (NYSE: GTES), a global manufacturer of innovative, highly engineered power transmission and fluid power solutions, is continuing to drive innovat...