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Fashion brand True Religion acquired by Acon Investments

Private Equity Insights

For instance, in 2023 the brand achieved a 20% increase in sales, reaching $280m. Equally, earnings before interest, taxes, depreciation, and amortisation (EBITDA) reached $80m. It has staged a revival by capitalising on its strong ties to hip-hop culture.

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Why Carnival Stock Skyrocketed 130% in 2023

The Motley Fool

NYSE: CCL) stock gained 130% in 2023 according to data provided by S&P Global Market Intelligence. It had been the cruise industry leader and a market-beating stock before the pandemic, and the likelihood was a return to that status as the world recovered. Carnival came into fiscal 2023 with $12 billion in annual revenue and a $1.6

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Billionaires Are Buying Up This Millionaire-Maker Stock

The Motley Fool

It expanded its food delivery business by acquiring Postmates in 2020, and it turned profitable in 2023 by exiting its weaker overseas markets and divesting its non-core divisions. But over the following three years, its total trips, and gross bookings, surged again.

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Why AI Automation Stock Symbotic Zoomed 330% in 2023

The Motley Fool

Symbotic (NASDAQ: SYM) stock absolutely crushed the market in 2023, zooming 329.9% Here's what that number means: If you'd bought Symbotic shares worth $10,000 on the first trading day of 2023, you'd have nearly $42,300 by the time the stock market closed on Dec. In fiscal year 2023, its revenue surged 98% to nearly $1.2

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Rivian Stock Plunges 26% on 2024 Production Guidance That Stalls at 2023 Level

The Motley Fool

on Thursday, following the electric vehicle (EV) maker's release on the prior afternoon of its fourth-quarter 2023 report. The stock's decline is largely attributable to management issuing 2024 production guidance that's only in line with the number of vehicles the company produced in 2023. Free cash flow was negative $1.41

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28.4% of Warren Buffett's $303 Billion Portfolio Is Invested in 3 Stocks He Plans to Hold Forever

The Motley Fool

Shares have more than doubled since late 2023, contributing to the position's heavy weight in Berkshire's portfolio. Buffett has praised Hollub on many occasions, suggesting nobody could run Occidental as well as her (perhaps a big reason he has no interest in taking a controlling stake of the company). Card fees added $8.5

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2 Magnificent Growth Stocks Billionaires Keep Buying Hand Over Fist Before 2023 Ends

The Motley Fool

On the heels of last year's historic downturn, 2023 has been a very different animal. Each of the major stock market indexes has gained more than 20% from their bear market lows, with the gains fueled by easing inflation and the expectation that the Federal Reserve Bank may be done raising interest rates. Image source: Getty Images.