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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.

Manhattan Associates Inc. (NASDAQ: MANH) is a global leader in supply chain, inventory, and omnichannel solutions. Established in 1990, the company has provided innovative software solutions to over 1,200 customers worldwide, including retailers, wholesalers, manufacturers, and logistics providers. Through its advanced cloud-native technology, Manhattan Associates maximizes warehouse efficiency, ensuring timely delivery and smarter orchestration of orders.

Recently, Manhattan Associates announced a strategic partnership with TeamViewer, a leading provider of remote connectivity and digitalization solutions. This collaboration aims to integrate TeamViewer's vision picking technology with Manhattan Active Warehouse Management (MAWM) platform, enhancing warehouse operations with augmented reality for improved accuracy and efficiency.

Financially, Manhattan Associates has remained debt-free since its inception and continues to invest in the latest technologies such as AI, machine learning, and robotics. The company's robust financial health allows it to innovate continually and offer cutting-edge solutions that address critical industry challenges.

At Manhattan Associates, the focus is on moving life and commerce forward by connecting and optimizing every aspect of the supply chain. The company's dedication to providing high-quality solutions has earned it a solid reputation over the past 25 years.

News

Shopify and Manhattan to Build Unified Commerce Solution

Rhea-AI Summary
Manhattan Associates (MANH) and Shopify (SHOP) have formed an alliance to enhance omnichannel shopping experiences for retailers, aiming to boost profits. The collaboration will integrate Shopify's commerce platform with Manhattan's omnichannel order management solution to create exceptional customer experiences. This partnership is expected to lower sales friction and elevate purchase confidence for enterprise retail customers.
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Manhattan Associates Announces Date for Reporting Fourth Quarter 2023 Financial Results

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Manhattan Associates Inc. (MANH) will release its fourth quarter 2023 financial results on January 30, 2024, after the stock market closes. A conference call hosted by senior management will follow at 4:30 p.m. Eastern time. Investors can listen to a live webcast through the Investor Relations section of the company's website. A replay will be available for two weeks after the call, and the internet broadcast will be available until the first quarter 2024 earnings release.
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Travis Association for the Blind Empowers Its Visually Impaired Workforce With Manhattan Scale™ Warehouse Management System

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Manhattan Associates Inc. (NASDAQ: MANH) successfully implemented Manhattan SCALE Warehouse Management System at Travis Association for the Blind, empowering visually disabled workers and optimizing warehouse operations. The facility employs 170 blind and 21 deaf and blind workers in its 402-person workforce, shipping over 500,000 orders annually to over 10,300 worldwide destinations.
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NorgesGruppen Picks Manhattan to Support Growth of Its Premium Supermarket Brand MENY

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Manhattan Associates Inc. (NASDAQ: MANH) announced that NorgesGruppen, Norway’s largest grocery retailer, has chosen Manhattan Active Warehouse Management to meet the expanding delivery expectations for its premium supermarket brand, MENY. With 1,800 grocery stores and a further 900 retail convenience goods stores, NorgesGruppen offers food and consumer goods to 88 percent of the country. The CEO of NorgesGruppen Data highlighted the need to analyze the supply chain and warehouse capabilities to keep up with customers’ expectations, both online and in-store. The CEO of MENY emphasized the response to expected e-commerce demands and the building of a new e-commerce fulfillment center to improve customer service across Oslo. The decision to use Manhattan's warehouse management solution is aligned with NorgesGruppen's technology strategy of agility and innovation. Craig Summers, managing director, UK, Ireland, and Nordics, expressed confidence in the solution's ability to meet the needs of NorgesGruppen's customers now and in the future.
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Manhattan Associates Reports Record Revenue and Earnings

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Manhattan Associates reports a 37% increase in RPO bookings compared to the prior year, leading to a raise in their 2023 full-year guidance. The company's Q3 2023 revenue was $238.4 million, with GAAP diluted earnings per share of $0.79. Non-GAAP adjusted diluted earnings per share for Q3 2023 was $1.05. The company's business fundamentals are strong, and they are optimistic about expanding market opportunities.
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Mounting Inventory Visibility Challenges Add Pressure to Strapped Retailers

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Retailers struggle with accurate inventory data, impacting sales and profitability
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Manhattan Associates Announces Date for Reporting Third Quarter 2023 Financial Results

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Manhattan Associates Inc. will release its Q3 2023 financial results on October 24, 2023, after the stock market closes. A conference call will also be held on the same day at 4:30 p.m. Eastern time. A live webcast and replay will be available through the Investor Relations section of the company's website.
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Duluth Trading Company Implements Manhattan Active® Warehouse Management at New State-of-the-Art Georgia Distribution Center

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Duluth Trading Company implements Manhattan Active Warehouse Management at new distribution center, investing $53 million. Expects enhanced efficiency, increased order volumes, and reduced turnaround times. Aims to achieve $1 billion in sales by 2025.
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Manhattan Associates Transforms Retail Returns

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Manhattan Associates enhances Returns Management capabilities to improve customer experience and profitability
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Manhattan Associates Wins Google Cloud Industry Solution Technology Partner of the Year Award for Retail and Consumer Packaged Goods

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Manhattan Associates named 'Google Cloud Industry Solution Technology Partner of the Year' in Retail & CPG category, recognized for innovative thinking and best-in-class use of Google Cloud. Manhattan Active Suite runs on Google Cloud, providing increased scalability, security, and resiliency. Collaboration with Google Cloud on Unified Commerce Benchmark reveals insights for retailers to improve customer value and modernize operations.
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FAQ

What is the current stock price of Manhattan Associates (MANH)?

The current stock price of Manhattan Associates (MANH) is $271.89 as of November 21, 2024.

What is the market cap of Manhattan Associates (MANH)?

The market cap of Manhattan Associates (MANH) is approximately 16.8B.

What does Manhattan Associates Inc. do?

Manhattan Associates provides software solutions to manage supply chains, inventory, and omnichannel operations for retailers, wholesalers, manufacturers, and logistics providers.

When was Manhattan Associates founded?

Manhattan Associates was founded in 1990.

Who are Manhattan Associates' customers?

The company's customers include retailers, wholesalers, manufacturers, and logistics providers.

What is the recent partnership of Manhattan Associates?

Manhattan Associates recently partnered with TeamViewer to integrate vision picking technology with its MAWM platform.

What is vision picking?

Vision picking is an augmented reality technology that provides visual information to warehouse operators, improving accuracy and efficiency in order picking and inventory management.

What technologies does Manhattan Associates invest in?

Manhattan Associates invests in AI, machine learning, cloud-native design, microservices architecture, and robotics.

How many customers does Manhattan Associates serve?

Manhattan Associates serves over 1,200 customers worldwide.

Is Manhattan Associates financially stable?

Yes, Manhattan Associates has remained debt-free since its founding in 1990.

What is Manhattan Active Warehouse Management (MAWM)?

MAWM is Manhattan Associates' flagship cloud-based platform for enhancing warehouse management operations.

How many associates does Manhattan Associates employ?

Manhattan Associates employs over 4,000 associates globally.

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Manhattan Associates Inc

Nasdaq:MANH

MANH Rankings

#628 Ranked by Market Cap
N/A Ranked by Dividends

MANH Stock Data

16.76B
60.34M
1.2%
101.98%
3.92%
Software - Application
Services-prepackaged Software
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United States of America
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