Summary of Conference Call Company and Industry Overview - The conference is hosted by Vontier, a company focused on the convenience retail sector, which includes convenience stores and related services [2][11] - The convenience store industry is a significant segment, with over 1,000,000 stores globally and 150,000 in the U.S., generating $800 billion in annual sales [7][8] - Convenience stores are evolving from fuel-only stops to destinations for fresh food and beverages, with 50% of visits now for non-fuel products [8][9] Key Insights and Strategic Vision - Vontier aims to lead the transformation of the convenience retail market by digitizing and integrating operations for growth-focused operators [9][10] - The company emphasizes its connected mobility strategy, which is central to its growth and competitive differentiation [16][17] - Vontier's business model is built around three end markets: convenience retail, fleets, and repair, with convenience retail representing 70% of its business [22][30] Market Dynamics and Growth Drivers - The convenience retail market is projected to grow at 6%, with non-fuel sales historically growing at 4% [75] - The average convenience store footprint is expanding, with more dispensers and a focus on food convenience [76] - Proximity to consumers is a key factor, with nearly half of Americans living within a mile of a convenience store [77] Competitive Landscape - Vontier holds a strong market position, with number one or two shares in various segments, including fueling and environmental solutions [92][100] - The company is focused on larger retailers, which represent over two-thirds of industry spending, positioning itself to capture significant market share [100] Regulatory and Compliance Factors - Ongoing regulatory changes are driving the need for compliance solutions, which Vontier is well-positioned to address [36][39] - The company invests in engineering capabilities to navigate regulatory landscapes effectively [38][46] Innovation and Technology - Vontier is enhancing its product offerings through innovation, including software development and integrated solutions [28][62] - The company has doubled its software engineering team to improve value propositions for customers [28] Customer Engagement and Loyalty - Convenience stores are leveraging digital media and loyalty programs to enhance consumer engagement and drive sales [98] - The average in-store basket size has increased to over $8, indicating a shift in consumer purchasing behavior [98] Conclusion - Vontier is strategically positioned to capitalize on the growth of the convenience retail market through innovation, strong market presence, and a focus on customer needs [67][68] - The company aims to reduce complexity for customers and enhance value through integrated solutions [68]

Vontier's Strategy and Transformation - Vontier's FY25E sales are projected to be approximately $3 billion[25], with a focus on convenience retail (~67%)[25], auto repair tools (~20%)[25], and fleets (~13%)[25] - The company has transformed from a hardware-centric portfolio to a mobility ecosystem solutions leader, increasing recurring revenues to ~30%[28] - Vontier is targeting to expand its TAM from $30 billion to $40 billion by 2030 through its connected mobility strategy[73] Convenience Retail Market - The convenience retail market is estimated at ~$11 billion with +L/MSD CAGR[36,89], driven by fueling (~$1.5B)[89], environmental (~$1.5B)[89], retail solutions (~$4.0B)[89], car wash (~$2.0B)[89], and EV + Alt Fuel (~$2.0B)[89] - Non-fuel sales in convenience stores are resilient and growing, reaching $336 billion in 2024[99] - National and regional players are consolidating the convenience store market, acquiring approximately 8,000 sites between 2021-2025[119] Vontier's Solutions and Growth Opportunities - Vontier has a significant presence in the fueling dispenser market, serving ~260,000 sites[42,131], and is a leader in automatic tank gauges, serving ~220,000 sites[132] - The company's integrated forecourt and retail solutions aim to reduce operational costs by up to 75% through remote management and issue detection[163] - Driivz, Vontier's EV charging software, manages ~20% of all EV drivers (ex-China) and has delivered ~1TWh of total energy[197] - DRB Systems, Vontier's car wash solution, has experienced double-digit installed base growth, with annual recurring revenue growing 2X faster than the installed base[247] Financial Performance and Targets - Vontier is tracking towards the high-end of its Q3 2025 guidance, with sales slightly above the midpoint and adjusted EPS near/at the high-end[301] - The company is targeting a recurring revenue base of ~40% of total Vontier sales by 2028[318] - Vontier is committed to disciplined capital allocation, with ~$2.1 billion deployed since 2020, including ~$1.2 billion in acquisitions, ~$0.8 billion in share repurchases, and ~$0.1 billion in dividends[84,326]

[Filing Information](index=1&type=section&id=Filing%20Information) This section provides fundamental identification details and securities information for Vontier Corporation [Registrant Details](index=1&type=section&id=Registrant%20Details) This section provides the fundamental identification details for Vontier Corporation, including its state of incorporation, SEC file number, employer identification number, and principal executive office address - Vontier Corporation is incorporated in Delaware with its principal executive offices located at 5438 Wade Park Boulevard, Suite 600, Raleigh, NC 27607[1](index=1&type=chunk) [Securities Information](index=1&type=section&id=Securities%20Information) This part details the company's registered securities and confirms its status regarding emerging growth company provisions - Common stock, par value **$0.0001** per share, is registered on the New York Stock Exchange under the trading symbol **VNT**[3](index=3&type=chunk) - Vontier Corporation is not an emerging growth company[4](index=4&type=chunk) [Reportable Events](index=2&type=section&id=Reportable%20Events) This section details the preliminary financial results announced by Vontier Corporation for the recent quarter [Results of Operations and Financial Condition](index=2&type=section&id=ITEM%202.02%20RESULTS%20OF%20OPERATIONS%20AND%20FINANCIAL%20CONDITION) Vontier Corporation issued a press release announcing preliminary financial results for the quarter ended September 26, 2025. This press release is furnished as an exhibit to the 8-K, with specific legal disclaimers regarding its 'filed' status - On **October 15, 2025**, Vontier Corporation issued a press release announcing preliminary financial results for the quarter ended **September 26, 2025**[5](index=5&type=chunk) - The press release (Exhibit **99.1**) is furnished with this Form **8-K** and incorporated by reference, but it is not deemed 'filed' for purposes of Section **18** of the Exchange Act or incorporated by reference in other filings unless expressly set forth[5](index=5&type=chunk) [Exhibits](index=2&type=section&id=Exhibits) This section lists all documents filed as exhibits to the Form 8-K, including the press release and interactive data file [Financial Statements and Exhibits](index=2&type=section&id=ITEM%209.01%20FINANCIAL%20STATEMENTS%20AND%20EXHIBITS) This section lists the documents filed as exhibits to the Form 8-K, including the press release with preliminary financial results and the interactive data file Exhibit List | Exhibit No. | Description | | :--- | :--- | | 99.1 | Press Release, dated October 15, 2025 | | 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | [SIGNATURES](index=3&type=section&id=SIGNATURES) This section confirms the official signing of the Form 8-K by a corporate officer [Report Signatures](index=3&type=section&id=Report%20Signatures) The Form 8-K was officially signed on behalf of Vontier Corporation by Courtney Kamlet, Vice President - Chief Governance and Compliance Officer, on October 15, 2025 - The report was signed by **Courtney Kamlet**, Vice President - Chief Governance and Compliance Officer, on **October 15, 2025**[9](index=9&type=chunk)[11](index=11&type=chunk)

Core Insights - Vontier Corporation collaborates with the NACS Foundation's Neighborhood Nourish Program to combat hunger and reduce food waste while strengthening communities [1][4] - The initiative aims to channel surplus food donations from retailers to local food banks, addressing food insecurity in various U.S. communities, particularly in Chicago [2][3] - Vontier has committed $50,000 in 2025 to support volunteer efforts and food recovery events, building on the success of recovering over 76,000 pounds of food in 2024 [2][3] Company Overview - Vontier is a global industrial technology company focused on productivity, automation, and multi-energy technologies within the mobility ecosystem [5] - The company emphasizes continuous improvement and innovation through the Vontier Business System [5] Industry Context - The NACS Foundation represents over 1,000 retail member companies, encompassing more than 200,000 stores globally, with 90,000 stores in the U.S. alone [6] - The U.S. convenience store industry had sales of $837 billion in 2024, conducting 160 million transactions daily [6]

Group 1 - Vontier Corporation (NYSE:VNT) is recognized as one of the best small-cap EV stocks to buy according to analysts [1] - The company announced a partnership between its subsidiary Driivz and Sheetz to enhance the EV charging network with advanced software solutions [1][2] - Driivz specializes in software for EV charging operations, while Sheetz is rapidly expanding as a convenience retailer with over 125 charging stations across seven states [2] Group 2 - Vontier operates through three main segments: Mobility Technologies, Repair Solutions, and Environmental & Fueling Solutions [3]

Core Insights - Global sales of fully electric and plug-in hybrid vehicles grew by only 15% in August 2025, marking the slowest year-over-year growth rate since January 2025 [2] - Despite a slowdown in China, EV sales growth is expected to remain strong in the fourth quarter due to government subsidies and market rebound [3] - Total global sales of battery vehicles and plug-in hybrids reached 1.7 million in August, with Chinese sales accounting for 1.1 million units [4] Industry Overview - The average EV sales growth in China was around 36% per month in the first half of 2025, but dropped to 6% in August [2] - August was particularly challenging for larger manufacturers like BYD, which reduced its 2025 global sales target by 16% [3] - Smaller companies such as Geely, Xpeng, and Nio gained market share and increased their year-over-year sales figures in August 2025 [3] Company Insights - Vontier Corporation (NYSE:VNT) has a market cap of $5.83 billion and an analyst upside potential of 24.53%. The company announced a partnership with Sheetz to enhance EV charging networks [9][10] - indie Semiconductor, Inc. (NASDAQ:INDI) has a market cap of $955.49 million and an analyst upside potential of 32.60%. The company reported revenue of $51.63 million in its fiscal second quarter, exceeding estimates [12][14] - indie Semiconductor is also acquiring emotion3D GmbH, a leader in automotive computer vision software, which has led to bullish sentiment from analysts [13][14]

Core Viewpoint - Vontier Corporation has appointed Andy Bennett as Group President of Convenience Retail to enhance customer experience in the convenience store market [1] Group 1: Leadership Changes - The appointment of Andy Bennett aims to unite industry-leading brands under a single leadership structure [1] - This strategic move is intended to create a more seamless customer experience in the rapidly evolving convenience store market [1] Group 2: Market Position - Vontier Corporation is recognized as a leading global provider of critical technologies and solutions for the mobility ecosystem [1] - The company's convenience retail offerings leverage the combined experience of well-established brands [1]

Core Viewpoint - The article compares Vontier Corporation (VNT) and SPX Technologies (SPXC) to determine which stock is more attractive to value investors [1] Group 1: Zacks Rank and Earnings Outlook - Vontier Corporation has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while SPX Technologies has a Zacks Rank of 3 (Hold) [3] - The Zacks Rank favors stocks with positive revisions to earnings estimates, suggesting that VNT has an improving earnings outlook [3] Group 2: Valuation Metrics - VNT has a forward P/E ratio of 13.32, significantly lower than SPXC's forward P/E of 27.95 [5] - VNT's PEG ratio is 1.39, while SPXC's PEG ratio is 1.55, indicating VNT may be more attractively priced relative to its expected earnings growth [5] - VNT's P/B ratio is 5.13 compared to SPXC's P/B of 5.56, suggesting VNT offers better value in terms of market value versus book value [6] Group 3: Overall Value Assessment - Based on various valuation metrics, VNT holds a Value grade of A, while SPXC has a Value grade of C, indicating VNT is the better option for value investors [6]

Core Insights - Vontier is set to host a Convenience Retail Technology Showcase, highlighting advancements in technology for the convenience retail sector [1] Company Overview - Vontier focuses on providing innovative solutions and technologies aimed at enhancing the convenience retail experience [1] Industry Context - The Convenience Retail Technology Showcase aims to address the evolving needs of the convenience retail industry, showcasing new technologies that can improve operational efficiency and customer engagement [1]

Core Viewpoint - Vontier Corporation (VNT) has been upgraded to a Zacks Rank 2 (Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][2]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [3][5]. - Institutional investors often rely on earnings estimates to determine the fair value of stocks, leading to buying or selling actions that affect stock prices [3]. Vontier's Earnings Outlook - The recent upgrade for Vontier indicates an improvement in the company's underlying business, which is expected to positively influence its stock price [4]. - For the fiscal year ending December 2025, Vontier is projected to earn $3.18 per share, with a 3.8% increase in the Zacks Consensus Estimate over the past three months [7]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [6]. - The upgrade to Zacks Rank 2 places Vontier in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [9].