Browsing: Diversified

Consumer strength offset industrial weakness: Comparable subsidiary adjusted EBITDA rose 12.9% to about $90 million, with branded consumer EBITDA up 28% and industrial EBITDA down 19.6%. Comparable sales increased 0.8%, while reported net sales fell to $423 million.

No current operations, zero cash and negative working capital accompany management’s substantial-doubt warning.

LGVT remains a cashless shell company with a large accumulated deficit, going-concern warning, and 95% ownership concentrated in AEI Capital amid a recent 1-for-10 reverse split.

Lev Shevtsov14 September 2026 00:34

As the Q2 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the diversified banks industry, including Citigroup (NYSE:C) and its peers.