Welcome to our dedicated page for Manhattan Associates news (Ticker: MANH), a resource for investors and traders seeking the latest updates and insights on Manhattan Associates stock.
Manhattan Associates Inc. (NASDAQ: MANH) is a global technology company specializing in supply chain commerce and omnichannel commerce software. The MANH news feed highlights how the company’s AI-powered, cloud-based platform evolves over time, with updates on product enhancements, customer deployments, financial performance and regulatory milestones.
Recent news has focused on Manhattan Active solutions and embedded AI. Manhattan has announced enhancements to Manhattan Active Omni and Manhattan Active Point of Sale, including agentic AI for store associates and contact centers, real-time sales and fulfillment insights, and simulation tools for optimizing fulfillment strategies. The company has also introduced a commercial AI Agent workforce embedded across Manhattan Active applications, with Interactive and Autonomous Agents supporting roles in retail stores, contact centers, warehouses and shipment tracking.
Investors and industry observers can follow MANH news for information on earnings releases and guidance, such as quarterly results and outlook shared via press releases and 8-K filings. The news stream also features customer case studies, including implementations at retailers like Pacsun and logistics providers like CEVA Logistics, which illustrate how Manhattan’s cloud-native solutions are used in real-world operations.
Additional coverage includes security and compliance developments, such as FedRAMP authorization for Manhattan’s Warehouse Management System, and leadership updates like executive appointments. By reviewing the MANH news page regularly, readers can monitor how Manhattan Associates advances its AI capabilities, expands its cloud offerings and engages with customers across retail, logistics and government sectors.
Manhattan Associates (NASDAQ: MANH) has been recognized as a Leader in the Gartner Magic Quadrant for Transportation Management Systems for the fifth consecutive year. This recognition underscores the company's robust Manhattan Active® Transportation Management solution, designed to enhance transportation functions across various networks. Notably, clients like Giant Eagle experienced an 8% reduction in empty miles and a 7% improvement in cubing through this solution. The company's cloud-native architecture aids in optimizing logistics and improving profitability for shippers and carriers.
Manhattan Associates (NASDAQ: MANH), in partnership with Google Cloud and Zebra Technologies, released the first Unified Commerce Benchmark for Specialty Retail on March 21, 2023. The benchmark analyzed 124 retailers and found that leading companies achieved up to 6X revenue growth compared to competitors. Challenges identified include personalization (only 38% access to shopper history), real-time inventory visibility (only 29% provided inventory stats), and convenience and flexibility (only 15% allowed post-order changes). The study emphasizes the importance of adopting Unified Commerce for enhanced customer experiences and operational efficiency.
Manhattan Associates reported a strong Q4 2022 with revenue reaching $198.1 million, up from $171.5 million in Q4 2021. GAAP diluted EPS was $0.60, compared to $0.32 a year earlier, while non-GAAP adjusted diluted EPS rose to $0.81 from $0.48. The company's total revenue for 2022 was $767.1 million, a significant increase from $663.6 million in 2021. Looking ahead, the company anticipates total revenue between $820 million and $833 million for 2023, indicating a growth range of 7% to 9%. Manhattan's cloud subscription revenue also surged, reflecting strong demand in the supply chain sector.
Manhattan Associates (NASDAQ: MANH) has announced enhanced RFID capabilities for its Manhattan Active Omni suite at the NRF Big Show on January 15, 2023. The new features aim to improve inventory accuracy, reduce labor costs, and automate store processes. With these advancements, retailers can boost inventory accuracy from 70% to nearly 100%, addressing challenges posed by inaccurate inventory visibility. The RFID technology allows for efficient inventory counts and quicker transaction processes. As a result, retailers can elevate customer experience by ensuring better product availability and fulfilling both in-store and online orders effectively.
On January 13, 2023, Manhattan Associates (NASDAQ: MANH) announced the successful deployment of its Manhattan Active solutions at Everything But Water, the largest specialty women’s swimwear retailer in the U.S. The comprehensive cloud-native platform includes point of sale, order management, and fulfillment capabilities across 85 retail locations. This digital transformation aims to enhance customer service and streamline operations, providing store associates with a holistic view of customer information. The partnership positions Everything But Water to optimize its operating margins and deliver advanced omnichannel fulfillment.
Manhattan Associates (NASDAQ: MANH) will release its fourth quarter 2022 financial results on February 2, 2023, after market close. The announcement will be followed by a conference call at 4:30 p.m. Eastern Time the same day. Investors can access the live webcast on the company’s Investor Relations website. A replay of the call will be available shortly after, both via phone and online. Manhattan Associates is a leader in supply chain and omnichannel commerce, providing technology solutions that drive growth and profitability.
Manhattan Associates reported Q3 2022 revenue of $198.1 million, up from $169.2 million in Q3 2021. GAAP diluted EPS was $0.47, down from $0.57 year-over-year. Non-GAAP adjusted EPS was $0.66, compared to $0.71. Cloud subscription revenue surged 40% from last year, while total bookings increased 69%. The company raised its full-year revenue guidance to a range of $750-$753 million, reflecting a 13% growth. Cash flow from operations declined to $39.9 million from $59.7 million in Q3 2021.
Manhattan Associates has released research showing that 82% of global in-store purchases are influenced by online channels. The study highlights significant changes in consumer shopping habits, with 83% of retailers indicating interconnection between online and in-store functions. Fulfillment options like buy online, return in-store are still underdeveloped in the US, where only 52% of retailers provide this service. Moreover, 49% of consumers prioritize sustainability in their shopping choices. The findings emphasize the evolving landscape of retail, driven by the merging of physical and digital experiences.
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