Manhattan Associates Inc Stock Price, News & Analysis

Manhattan Associates (NASDAQ: MANH) announced that Hot Topic, Inc. has chosen to upgrade its warehouse management system (WMS) to Manhattan Active® Warehouse Management. This transition to a cloud-native system will enhance order processing, warehouse execution, and picking capabilities. The upgrade aligns with Hot Topic's growth strategy as it manages multiple brands and fulfillment centers. COO Mike Yerkes emphasized the importance of supporting online growth and automation integration in their decision. Bob Howell from Manhattan Associates expressed pride in their long-standing partnership and commitment to Hot Topic's success.

Manhattan Associates (NASDAQ: MANH) has partnered with Lands' End to implement its Manhattan Active Supply Chain solution. This initiative supports Lands' End's Uni-Channel strategy, aimed at enhancing customer experience across multiple shopping platforms, including online and retail. The implementation will begin with Transportation Management in June and Warehouse Management in August. The collaboration is expected to provide improved agility and control over supply chain operations, crucial for meeting evolving customer demands.

Manhattan Associates Inc. has announced a significant advancement in supply chain efficiency with the introduction of Manhattan Active Supply Chain, a single cloud-native application that integrates distribution, transportation, labor, and automation. This technology merges viewing, planning, optimization, and execution activities, enhancing operational agility and productivity. By unifying these capabilities, the solution aims to accelerate deliveries, improve worker productivity, and provide real-time analytics, establishing a comprehensive environment for supply chain management.

Manhattan Associates has launched its new Manhattan Active® Transportation Management solution, aiming to revolutionize logistics planning. This cloud-native system is the industry's first self-configuring and self-tuning technology, enhancing optimization speeds by up to 80%. Designed for today's complex logistics networks, the solution promises faster, easier shipment planning, while its advanced optimization engine utilizes machine learning for improved accuracy. The platform is built on microservices, ensuring adaptability and seamless updates without disruptions.

Manhattan Associates (NASDAQ: MANH) announced that WSI, a top U.S. third-party logistics provider, has adopted the Manhattan Active® Warehouse Management system. This decision follows WSI's plan to enhance its logistics services and adapt to shifting market trends, particularly in e-commerce. Manhattan Active WMS is recognized for its cloud-native capabilities, automatic scalability, and comprehensive distribution management features. The partnership aims to improve operational efficiency and client service, enabling WSI to better respond to evolving market conditions.

Manhattan Associates reported a strong Q1 2021, with revenue of $156.9 million, up from $153.9 million in Q1 2020. Both GAAP and non-GAAP diluted earnings per share (EPS) were $0.35, while adjusted EPS increased to $0.43 from $0.40 year-over-year. Record bookings were reported with a RPO of $421 million, doubling from last year. The company raised its full-year revenue guidance to $625-$640 million, with an adjusted EPS forecast of $1.60-$1.70. Cash flow from operations improved significantly to $39.9 million.

Manhattan Associates (NASDAQ: MANH) has been recognized as a Leader in Gartner's Magic Quadrant for Transportation Management Systems for three consecutive years. This acknowledgment highlights the company's advanced transportation management solutions, which address evolving consumer delivery expectations and business continuity needs. Manhattan's TMS scored among the top three for Complexity Use Cases and received high customer ratings for Integration & Deployment and Service & Support. The software enhances profitability while minimizing environmental impact.

Manhattan Associates (NASDAQ: MANH) has partnered with At Home Group Inc. (NYSE: HOME) to implement its advanced Manhattan Active® Omni order management system (OMS) to enhance At Home's sales, service, and fulfillment operations. This technological integration aims to optimize inventory availability and improve in-store fulfillment. At Home, operating 225 locations across the U.S., believes that Manhattan’s OMS will strengthen its omnichannel customer experience and support future e-commerce enhancements.

Manhattan Associates (NASDAQ: MANH) will release its Q1 2021 financial results on April 27, 2021, post-market close. A conference call will follow at 4:30 PM ET, where senior management will discuss the results. Investors can access the live webcast through the company's investor relations website. For those unable to attend live, a replay will be available for two weeks via phone and online. Manhattan Associates is a leader in supply chain and omnichannel commerce technology, providing solutions to enhance sales and operational efficiency.