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Manhattan Associates, Inc. - $MANH STOCK NEWS

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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Manhattan Associates's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Manhattan Associates's position in the market.

Rhea-AI Summary

Manhattan Associates (NASDAQ: MANH) has announced Manhattan Active® Supply Chain Planning (SCP), a unified platform that integrates supply chain planning and execution systems. This innovative solution facilitates real-time, bi-directional collaboration, harmonizing inventory, labor, transportation, and resources to achieve common business goals such as reducing total landed cost or speeding up market entry. By eliminating the traditional silos between planning and execution, Manhattan Active SCP optimizes enterprise-wide operations. The platform employs AI to combine external and internal data for accurate demand forecasting and is cloud-native, scalable, and updated regularly. This solution completes Manhattan's vision of a unified supply chain ecosystem.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.14%
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Rhea-AI Summary

Manhattan Associates (NASDAQ: MANH) has unveiled Manhattan Active® Maven, a cutting-edge Generative Artificial Intelligence (GenAI) solution aimed at enhancing customer service. This innovative technology reduces operational costs while improving customer interactions. Manhattan Active Maven offers a GenAI-powered chatbot for consumers and a suite of features to boost customer service efficiency. This solution integrates seamlessly into Manhattan's omnichannel commerce platform, providing native access to order, payment, location, and product information. Additionally, Manhattan announced Manhattan Assist, a GenAI assistant that offers contextual responses and platform-level support for various roles and functions within the Manhattan Active suite. These advancements promise to redefine customer service with greater personalization, productivity, and cost savings.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.14%
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Rhea-AI Summary

Manhattan Associates Inc. (NASDAQ: MANH) has been recognized as a Leader in the Gartner Magic Quadrant for Warehouse Management Systems for the 16th consecutive time. The company's cloud-native Manhattan Active Warehouse Management system, built on a microservices architecture, offers advanced scalability and ease-of-use for warehouses of all sizes. With innovative features like behavioral science-infused Labor Management, Manhattan is at the forefront of supply chain execution solutions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.93%
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Rhea-AI Summary

Manhattan Associates Inc. announced that Schneider Electric selected Manhattan Active® Warehouse Management and Transportation Management for a global distribution and transportation network transformation. The implementation will cover over 20 distribution centers and 200+ operational sites, aiming to enhance inventory performance, efficiency, and agility. Stuart Michael Whiting of Schneider Electric highlighted the benefits of the upgrade, emphasizing centralized control and increased visibility across their supply chain.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.52%
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Rhea-AI Summary

Manhattan Associates Inc. (NASDAQ: MANH) continues its partnership with Groupe Dynamite Inc. to enhance its omnichannel commerce capabilities. Groupe Dynamite leveraged Manhattan Active® Omni to improve ship times, inventory levels, customer call times, sales, profits, and customer satisfaction. The retailer utilized Manhattan Active Point of Sale for omnichannel sales, leading to increased store conversion rates. By implementing Manhattan's Store Inventory and Fulfillment, Groupe Dynamite transformed its stores into efficient fulfillment points, reducing store transfers, delivery times, and shipping costs. The retailer now fulfills the majority of online orders from its stores, with an average shipping time of 23 hours, significantly faster than the industry average of 3.3 days.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.8%
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Manhattan Associates Inc. (NASDAQ: MANH) has won the Overall Innovation of the Year award by RetailTech Breakthrough for its Fulfillment Experience Insights dashboard, part of Manhattan Active® Omni, assisting retailers in navigating the evolving retail landscape.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.35%
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Rhea-AI Summary
Manhattan Associates (MANH) reported record first-quarter results with revenue of $254.6 million and GAAP diluted earnings per share of $0.86 for Q1 2024. Non-GAAP adjusted diluted earnings per share were $1.03, showing a substantial increase over Q1 2023. The company saw a 31% increase in RPO bookings compared to the prior year, signaling strong demand. Manhattan Associates raised its 2024 full-year guidance, reflecting confidence in its performance and market position.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.54%
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Rhea-AI Summary
TeamViewer, a global remote connectivity provider, has partnered with Manhattan Associates to integrate its vision picking solution with Manhattan's warehouse management platform. The collaboration aims to enhance warehouse operations worldwide with hands-free picking and real-time visual cues.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.01%
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Rhea-AI Summary
Manhattan Associates Inc. (MANH) has been named a Leader in the Gartner Magic Quadrant for Transportation Management Systems for the sixth consecutive year. Their Manhattan Active Transportation Management ranks among the top vendors in various complexity levels, offering real-time visibility, predictive analytics, automation, and efficiency improvements in supply chain execution.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.01%
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Rhea-AI Summary
Manhattan Associates Inc. (NASDAQ: MANH) will release its first quarter 2024 financial results on April 23, 2024, followed by a conference call. Investors can listen to the live webcast and access a replay via the company's Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.14%
Tags
Manhattan Associates, Inc.

Nasdaq:MANH

MANH Rankings

MANH Stock Data

14.20B
60.96M
1.38%
100.67%
1.89%
Software Publishers
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Link
United States of America
ATLANTA

About MANH

for more than 25 years we have earned a reputation for building technology solutions that solve the most complex business problems in supply chain, inventory and omni-channel.