Live Ventures

Live Ventures, Inc. is a holding company, which engages in the acquisition of domestic middle-market companies. It operates through the following segments: Retail, Flooring Manufacturing, Steel Manufacturing, and Corporate and Other. The Retail segment consists of Vintage Stock and ApplianceSmart. The Floor Manufacturing Segment includes Marquis Industries, Inc. which produces carpets, rugs, and hard surfaces. The Steel Manufacturing Segment focuses on Precision Industries, Inc., which produces alloy plate, tool steel plate, and ground flat stock, and The Kinetic Co., Inc. The Corporate and Other segment includes corporate general and administrative costs Salomon Whitney LLC (SW Financial), a variable interest entity (VIE), and operations of certain legacy product and service offerings. The company was founded in 1968 and is headquartered in Las Vegas, NV.

Earnings data Q1 2021

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Earnings data Q4 2024

Live Ventures reports revenue growth but faces margin challenges

Live Ventures' Q2 2024 performance reflected revenue growth driven by acquisitions, though gross margins declined. The company faces challenges in managing expenses and improving profitability amidst a net loss.
Despite financial hurdles, Live Ventures showcased strengths in share repurchases, adaptability to market changes, and a strategic focus on long-term growth. Opportunities exist in optimizing product mix, debt reduction, and future acquisitions.

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LAS VEGAS, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (NASDAQ: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, will issue its financial results for its fiscal third quarter ended June 30, 2023, before the opening of the NASDAQ Stock Market on Thursday, August 10, 2023. The Company will also host a conference call to discuss the results.

Live Ventures to Release Fiscal Third Quarter 2023 Financial Results and Hold Earnings Conference Call on August 10, 2023

LAS VEGAS, July 24, 2023 (GLOBE NEWSWIRE) --  Live Ventures Incorporated (Nasdaq: LIVE), a diversified holding company (“Live Ventures” or “Company”), announced today that it has acquired Precision Metal Works, Inc. (“PMW”), a Kentucky-based Metal Stamping and Value-Added Manufacturing Company. PMW was acquired for a total consideration of approximately $28 million, comprised of $25 million cash, with additional consideration of up to $3 million paid in the form of an earn-out. The acquisition involved no issuance of stock of Live Ventures. The Company believes the acquisition will be immediately accretive to earnings.

Live Ventures Acquires Precision Metal Works, Adding $75 Million Annual Revenue Stream

Live Ventures Incorporated (LIVE) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Live Ventures Incorporated (LIVE) Moves 5.6% Higher: Will This Strength Last?

LAS VEGAS, June 13, 2023 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (NASDAQ: LIVE) (“Live Ventures”), a diversified holding company, announced that its subsidiary, Flooring Liquidators, Inc. (“Flooring Liquidators”), through the acquisition of assets from Cal Coast Carpet Warehouse, Inc. (“Cal Coast”), has opened a new store in Arroyo Grande, California.

Flooring Liquidators Announces Acquisition and New Store Opening in Arroyo Grande, California

LAS VEGAS, June 07, 2023 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (NASDAQ: LIVE) (“Live Ventures”), a diversified holding company, announced that it is celebrating Precision Marshall's 75 years in business. Based in Washington, PA, and founded in 1948, Precision Marshall was acquired by Live Ventures in 2020. Precision Marshall is a leading manufacturer of premium steel tools and specialty alloys primarily for the automotive, appliance, and aerospace and defense industries.

Live Ventures Celebrates 75 Years of Success at Precision Marshall

Live Ventures Incorporated (NASDAQ:LIVE ) Q2 2023 Earnings Conference Call May 11, 2023 5:00 PM ET Company Participants Greg Powell - Director of Investor Relations David Verret - Chief Financial Officer Conference Call Participants Operator Good day, everyone, and welcome to today's Live Ventures Incorporated Earnings Call. At this time, all participants are in a listen-only mode.

Live Ventures Incorporated (LIVE) Q2 2023 Earnings Call Transcript

Live Ventures Incorporated (LIVE) came out with quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $2.21 per share. This compares to earnings of $4.84 per share a year ago.

Live Ventures Incorporated (LIVE) Lags Q2 Earnings and Revenue Estimates

LAS VEGAS, May 11, 2023 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (Nasdaq: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, today announced financial results for its fiscal second quarter ended March 31, 2023.

Live Ventures Reports Fiscal Second Quarter 2023 Financial Results

LAS VEGAS, May 04, 2023 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (NASDAQ: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, will issue its financial results for its fiscal second quarter ended March 31, 2023, before the opening of the NASDAQ Stock Market on Thursday, May 11, 2023. The Company will also host a conference call to discuss the results.

Live Ventures to Release Fiscal Second Quarter 2023 Financial Results and Hold Earnings Conference Call on May 11, 2023

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Live Ventures (LIVE) Stock Undervalued Right Now?

Live Ventures Incorporated (LIVE) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Down -15.8% in 4 Weeks, Here's Why You Should You Buy the Dip in Live Ventures Incorporated (LIVE)

Live Ventures Incorporated (LIVE) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Live Ventures Incorporated (LIVE) Loses -16.02% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Should Value Investors Buy Live Ventures (LIVE) Stock?

LAS VEGAS, Feb. 16, 2023 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (Nasdaq: LIVE), a diversified holding company (“Live Ventures”), announced that it is celebrating its 15th year on the Nasdaq Stock Market. To commemorate Live Ventures' 15th anniversary, Nasdaq displayed a special congratulatory message on its famed seven-story MarketSite Tower in Times Square.

Live Ventures Celebrates 15 Years Listed on Nasdaq

Live Ventures Incorporated (NASDAQ:LIVE ) Q1 2023 Earnings Conference Call February 9, 2023 5:00 PM ET Company Participants Greg Powell - Director of Investor Relations David Verret - Chief Financial Officer Jon Isaac - Chief Executive Officer & President Conference Call Participants Theodore O'Neill - Litchfield Hills Research Joseph Kowalsky - Upstream Investment Partners Operator Good day, everyone, and welcome to the First Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode.

Live Ventures Incorporated (LIVE) Q1 2023 Earnings Call Transcript

Live Ventures Incorporated (LIVE) delivered earnings and revenue surprises of -60.53% and 5.50%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Live Ventures Incorporated (LIVE) Misses Q1 Earnings and Revenue Estimates

LAS VEGAS, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (Nasdaq: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, today announced financial results for its fiscal first quarter ended December 31, 2022.

Live Ventures Reports Fiscal First Quarter 2023 Financial Results

LAS VEGAS, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (NASDAQ: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, will issue its financial results for its fiscal first quarter ended December 31, 2022, before the opening of the NASDAQ Stock Market on Thursday, February 9, 2023. The Company will also host a conference call to discuss the results.

Live Ventures to Release Fiscal First Quarter 2023 Financial Results and Hold Earnings Conference Call on February 9, 2023

LAS VEGAS, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (Nasdaq: LIVE), a diversified holding company (“Live Ventures”), announced today that its subsidiary, Vintage Stock Inc. (“Vintage Stock”), opened its 70th store under Vintage Stock's EntertainMart brand in Boise, ID. The new store is located in the Boise Town Square Mall and is the third EntertainMart location in Idaho. Vintage Stock is an award-winning specialty entertainment retailer with 70 storefronts across the U.S. under the following brand names, Vintage Stock, Movie Trading Company, EntertainMart, and V-Stock.

Live Ventures Subsidiary Vintage Stock Announces Opening of its 70th store in Boise, Idaho

Latest acquisition to the Live Ventures portfolio reinforces strategy and adds significant new revenue stream of approximately $125 Million per year - about a 50% increase in annual sales Latest acquisition to the Live Ventures portfolio reinforces strategy and adds significant new revenue stream of approximately $125 Million per year - about a 50% increase in annual sales

Live Ventures Announces Acquisition of Flooring Liquidators, Inc. for $84 million

Live Ventures Incorporated (NASDAQ:LIVE ) Q4 2022 Earnings Conference Call December 15, 2022 5:00 PM ET Company Participants Greg Powell - Director of Investor Relations Jon Isaac - President and Chief Executive Officer David Verret - Chief Financial Officer Eric Althofer - Chief Operating Officer Conference Call Participants Theodore R. O'Neill - Litchfield Hills Research Joseph Kowalsky - Upstream Investment Partners, LLC Operator Good day, everyone, and welcome to today's Live Ventures Incorporated Earnings Call.

Live Ventures Incorporated (LIVE) Q4 2022 Earnings Call Transcript

LAS VEGAS, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (Nasdaq: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, today announced financial results for its fiscal fourth quarter and fiscal year ended September 30, 2022.

Live Ventures Reports Fiscal Fourth Quarter and Fiscal Year 2022 Financial Results

LAS VEGAS, Dec. 08, 2022 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (NASDAQ: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, will issue its financial results for its fiscal fourth quarter and fiscal full year ended September 30, 2022, before the opening of the NASDAQ Stock Market on Thursday, December 15, 2022. The Company will also host a conference call to discuss the results.

Live Ventures to Release Fiscal Fourth Quarter and Fiscal Full Year 2022 Financial Results and Hold Earnings Conference Call on December 15, 2022

Live Ventures Incorporated (NASDAQ:LIVE ) Q3 2022 Earnings Conference Call August 11, 2022 5:00 PM ET Company Participants Greg Powell - Director of Investor Relations David Verret - Chief Financial Officer Jon Isaac - President and Chief Executive Officer Eric Althofer - Chief Operating Officer Conference Call Participants Joseph Kowalsky - Upstream Investment Partners, LLC Operator Good day, everyone, and welcome to today's Live Ventures Incorporated Third Quarter Earnings Call. At this time, all participants are in a listen-only mode.

Live Ventures Incorporated (LIVE) CEO Jon Isaac on Q3 2022 Results - Earnings Call Transcript

LAS VEGAS, Aug. 11, 2022 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (Nasdaq: LIVE), (“Live Ventures” or the “Company”), a diversified holding company, today announced financial results for its fiscal third quarter ended June 30, 2022.

News for Live Ventures Stock (LIVE)