Zebra Technologies Corporation Stock Price, News & Analysis

Zebra Technologies (NASDAQ: ZBRA) announced advancements in connected automation solutions aimed at enhancing warehouse productivity by up to 2.5x and reclaiming 15% of storage space.

Key developments include the deployment of Fetch AMRs at Waytek, improving efficiency and worker satisfaction. Zebra's AMRs include the FlexShelf and RollerTop Guide models, designed to optimize operations. The company continues to invest in robotics automation and has expanded its partner network, reinforcing its position in the sector.

Zebra Technologies has been ranked #23 among the top 58 large employers globally in the 2023 Best Places to Work in IT list by Computerworld. This recognition highlights Zebra's commitment to a positive work environment, emphasizing benefits, career development, and diversity. This marks the fourth acknowledgment in five years for their talent management strategy.

Zebra's unique training initiatives include a three-year rotational development program and access to Agile workshops, reinforcing their dedication to employee success and engagement.

Zebra Technologies (NASDAQ: ZBRA) announced a leadership transition, appointing Bill Burns as the new CEO effective March 1, 2023, succeeding Anders Gustafsson, who will become Executive Chair. The board's multi-year succession planning aims to strengthen the company's strategic direction. Burns, with over 30 years in technology, has been pivotal in enhancing Zebra’s market share and profitability. The company reaffirmed its 2022 financial outlook, emphasizing its ongoing commitment to helping customers digitize operations and improve supply chain workflows.

Zebra Technologies Corporation (NASDAQ: ZBRA) has announced its participation in two upcoming investor conferences. The first presentation is scheduled for November 30 at 10:15 a.m. MT during the Credit Suisse 26th Annual Technology Conference in Scottsdale, Arizona. The second will take place on December 1 at 11:00 a.m. ET at the Credit Suisse 10th Annual Global Industrials Conference in Palm Beach, Florida. Interested investors can listen to the live webcast on Zebra's investor relations website, which will also archive the presentation for later viewing.

Zebra Technologies Corporation (NASDAQ: ZBRA) will present at the Stephens Annual NASH2022 Investment Conference in Nashville on Wed., Nov. 16, 2022, at 9:00 a.m. Central Time. Interested parties can access a live webcast of the presentation through the Events section on Zebra's investor website, which will also host an archived replay. Zebra is recognized for its innovative solutions that enhance enterprise performance and has over 10,000 partners worldwide, serving 84% of Fortune 500 companies.

Zebra Technologies Corporation (NASDAQ: ZBRA) announced that Shoe Sensation, a prominent footwear retailer, has adopted Zebra’s Reflexis software solutions to enhance store operations and labor management. The implementation includes Reflexis Real-Time Task Manager, Workforce Scheduler, and Employee Self-Service solutions, improving task visibility and communication across nearly 200 stores. This integration aims to optimize employee productivity and streamline scheduling processes, positively impacting customer service and operational efficiency. The partnership underscores Zebra's commitment to unifying retail solutions for better performance.

Zebra Technologies (NASDAQ: ZBRA) reported third-quarter financial results with net sales of $1,378 million, a 4.0% year-over-year decrease. Net income fell 14.6% to $170 million, while net income per diluted share decreased 11.7% to $3.26. Adjusted EBITDA dropped 6.7% to $291 million. The decline in sales was influenced by supply chain challenges and deferred customer projects. The fourth-quarter adjusted net sales are anticipated to decline 2% to 1% year-over-year. Free cash flow expectations are at least $400 million.

Zebra Technologies (NASDAQ: ZBRA) reported positive trends from its 15th Annual Global Shopper Study, indicating that shoppers are returning to in-store shopping post-pandemic. Approximately 76% of shoppers prefer quick transactions, increasingly utilizing self-checkout and mobile payment options. Retailers are adjusting by adopting self-serve technologies. However, inflation has caused nearly 75% of shoppers to delay purchases. The study highlights a growing expectation for seamless shopping experiences across online and physical stores, emphasizing the need for enhanced inventory management as out-of-stocks emerge as a major concern.