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California Mille Returns to Northern California with Exclusive Tour of Golden State's Most Scenic Roads
Prnewswire· 2025-05-09 16:24
TRAVERSE CITY, Mich., May 9, 2025 /PRNewswire/ -- The California Mille, a 1,000-mile driving adventure through Northern California's best driving roads, celebrated its 34th running April 27th to May 1st. Entrants drove cars from the era of Italy's original Mille Miglia road race, 1927-1957, while enjoying incredible scenic vistas, fantastic cuisine, local history and car-loving camaraderie. This year's featured class was Ferrari 250 with participating cars including the 250 GT LWB 'Tour de France', 250 GT B ...
Hagerty(HGTY) - 2025 Q1 - Earnings Call Transcript
2025-05-07 15:00
Hagerty (HGTY) Q1 2025 Earnings Call May 07, 2025 10:00 AM ET Speaker0 Greetings, and welcome to the Hagerty First Quarter twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. Question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. It's now my pleasure to introduce Jay Cobalt, Senior Vice President of Investor Relations. Please go ahead. Speaker1 Thank you, operator, and good morning, everyone. Thank you all fo ...
Hagerty(HGTY) - 2025 Q1 - Quarterly Report
2025-05-07 14:49
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to _______ Commission file number: 001-40244 HAGERTY, INC. (Exact name of registrant as specified in its charter) Delaware 86-1213144 121 Drivers Edg ...
Hagerty, Inc. (HGTY) Q1 Earnings and Revenues Surpass Estimates
ZACKS· 2025-05-07 13:15
Hagerty, Inc. (HGTY) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items. Hagerty shares have lost about 8% since the beginning of the year versus the S&P 500's decline of -4.7%. What's Next for Hagerty? While Hagerty has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There ...
Hagerty(HGTY) - 2025 Q1 - Earnings Call Presentation
2025-05-07 11:15
Investor Presentation Q1 2025 SPEAKERS: McKeel Hagerty | Chief Executive Officer and Chairman Patrick McClymont | Chief Financial Officer FORWARD LOOKING STATEMENTS / NON-GAAP FINANCIAL MEASURES This presentation contains statements that constitute "forward-looking statements" within the meaning of the federal securities laws. All statements we provide, other than statements of historical fact, are forward-looking statements, including those regarding our future operating results and financial position, our ...
Hagerty(HGTY) - 2025 Q1 - Quarterly Results
2025-05-07 11:08
For Immediate Release Hagerty Reports First Quarter 2025 Results Reaffirms 2025 Outlook for Revenue and Profit Growth TRAVERSE CITY, Michigan, May 7, 2025 /PRNewswire/ – Hagerty, Inc. (NYSE: HGTY), an automotive enthusiast brand and leading specialty vehicle insurance provider, announced today financial results for the three months ended March 31, 2025. "We are off to a solid start to 2025, with first quarter revenue growth of 18%, net income growth of 233%, and Adjusted EBITDA growth of 45%. We expanded ou ...
Hagerty to Report First Quarter 2025 Results and Host Conference Call on Wednesday, May 7, 2025
Prnewswire· 2025-04-23 20:15
TRAVERSE CITY, Mich., April 23, 2025 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), an automotive enthusiast brand and a leading specialty vehicle insurance provider, today announced it will report its first quarter 2025 financial results before the market opens on Wednesday, May 7, 2025. Hagerty will hold a conference call to discuss the financial results at 10:00 am Eastern Time on that day. A live webcast of the conference call will be available on Hagerty's investor relations website at investor.hagerty.co ...
BROAD ARROW PRESENTS DARIO FRANCHITTI MEMORABILIA IN ONLINE AUCTION TO BENEFIT SIR JACKIE STEWART'S RACE AGAINST DEMENTIA CHARITY
Newsfilter· 2025-04-17 17:01
London, United Kingdom, April 17, 2025 (GLOBE NEWSWIRE) -- Exclusive Dario Franchitti lots offered with 100% of proceeds going to Jackie Stewart's Race Against Dementia charity Additional sale highlights include original overalls worn by Michael Schumacher, a 2011 Sebastian Vettel Red Bull Helmet and a 1977 Ferrari front wing as raced by Niki LaudaCatalogue can be viewed hereBidder registration is now open Broad Arrow Auctions, a Hagerty company (NYSE:HGTY), is proud to present an outstanding collection o ...
Greenwich Concours Announces Grand Marshal, Curated Vehicle Classes and Exclusive Reverie Premier Event for Coastal Luxury Showcase
Prnewswire· 2025-04-15 16:00
Event Overview - The 2025 Greenwich Concours d'Elegance will take place from May 30 to June 1 at Roger Sherman Baldwin Park in Greenwich, Connecticut, celebrating automotive excellence and luxury craftsmanship [1] - The event is recognized as the top automotive event in the Northeast, featuring a combination of prestigious cars and immersive experiences [1] Grand Marshal and Special Events - Ralph Marano, a renowned Packard collector with a collection of 85 classic models, will serve as the Grand Marshal for this year's event [1] - A new event, Reverie, will be held on Friday evening, offering a blend of New England coastal charm and luxury experiences, including fine dining and entertainment [2] Featured Classes - The Concours de Sport on Saturday will showcase a curated selection of sports, racing, and supercars, with featured classes including Mid-Engine Revolution and Affordable Ferrari [3] - The Concours d'Elegance on Sunday will highlight historically significant vehicles, featuring classes such as Muscle/Performance and 100 Years of Chrysler [4] Ticket Information - Detailed ticket pricing and information can be found on the official Greenwich Concours website [5] Organizational Background - Founded in 1996, the Greenwich Concours d'Elegance is a premier motoring event that supports local charities and includes various automotive heritage elements [6] - Hagerty, the parent company, is a leading provider of specialty vehicle insurance and automotive services, catering to car enthusiasts across the U.S., Canada, and the U.K. [7]
BROAD ARROW ADDS RARE RUF CTR YELLOWBIRD TO PORSCHE AUCTION IN PARTNERSHIP WITH AIR|WATER
Newsfilter· 2025-04-09 16:46
Core Insights - Broad Arrow Auctions, a subsidiary of Hagerty, is set to host its second annual Porsche Auction on April 26, featuring a rare 1989 RUF CTR Yellowbird as the highlight [1][2][4] Auction Details - The auction will take place at the Orange County Fairgrounds in Costa Mesa, California, and will include over 50 desirable Porsches and Porsche memorabilia [1][4] - The RUF CTR Yellowbird is estimated to sell for between $4,500,000 and $5,500,000, showcasing its status as a benchmark performance car [2][4] Featured Vehicles - Additional notable vehicles in the auction include: - 1966 Porsche 906, estimated at $1,600,000 - $1,900,000, known for its racing history and largely unrestored condition [5] - 1990 Porsche 911 Reimagined by Singer, estimated at $1,050,000 - $1,250,000, featuring a high-performance engine and low mileage [5] - 1994 Porsche 911 Turbo 3.6 X88, estimated at $530,000 - $560,000, one of only 64 examples produced [6] - 2012 RUF Rt 12 S, estimated at $600,000 - $700,000, known for its custom build and high horsepower [6] Company Background - Broad Arrow Auctions is recognized as a leading global collector car auction house, founded in 2021 by industry veterans, and is expanding its global presence [7] - The company aims to enhance the Porsche community experience through its auctions, which attract a dedicated base of car enthusiasts [6][7]