‘Unforeseen circumstances' force Portland's Schoolhouse Electric to lay off most of its staff [Yahoo! Finance]
Avidbank Holdings, Inc. (AVBH)
NASDAQ:AMEX Investor Relations:
avidbank.com
Company Research
Source: Yahoo! Finance
The home goods retailer announced in May that it planned to sell its century-old building in Northwest Portland. While they originally planned to remain open during the sale process, a company spokesperson told KOIN 6 News on Friday they were forced to cut staff and expenses earlier than expected. Award-winning North Portland bakery to close original location “The company experienced a series of unforeseen events, including the loss of support from its secured lender, Avidbank, which created immediate challenges related to funding, access to capital, and liquidity,” a spokesperson told KOIN 6 News. “As a result, the company made the difficult decision to reduce staff and expenses while continuing to pursue a sale.” Schoolhouse was founded in 2003 by Portland-native Brian Faherty. He sold the company to Brooklyn-based lifestyle brand Food52 in 2021 for $48 million, according to a press release The spokesperson said approximately 75% of Food52's workforce was laid off this week
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AVBH
News
- Avidbank (NASDAQ:AVBH) had its "buy" rating reaffirmed by analysts at DA Davidson. They now have a $31.50 price target on the stock.MarketBeat
- Avidbank Holdings (AVBH): Net Profit Margin Beats, Challenges Skeptics on Sustainability [Yahoo! Finance]Yahoo! Finance
- Avidbank Holdings Inc (AVBH) Q3 2025 Earnings Call Highlights: Navigating Challenges with ... [Yahoo! Finance]Yahoo! Finance
- Avidbank (NASDAQ:AVBH) had its "buy (b-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Avidbank Holdings, Inc. to Announce Third Quarter 2025 Earnings Results After-Market on Thursday, October 23, 2025 [Yahoo! Finance]Yahoo! Finance
AVBH
Earnings
- 10/23/25 - Miss
AVBH
Sec Filings
- 11/18/25 - Form 8-K
- 11/14/25 - Form SCHEDULE
- 11/12/25 - Form 10-Q
- AVBH's page on the SEC website