Baidu (NasdaqGS:BIDU) Q4 2025 Earnings call February 26, 2026 07:30 AM ET Speaker8Hello, thank you for standing by for Baidu's fourth quarter and fiscal year 2025 earnings conference call. At this time, all participants are in a listen-only mode. After management's prepared remarks, there will be a question-and-answer session. Today's conference is being recorded. If you have any objections, you may disconnect at this time. I would now like to turn the meeting over to your host for today's conference, Juan ...

The J. M. Smucker Company (NYSE:SJM) Q3 2026 Earnings call February 26, 2026 07:00 AM ET Company ParticipantsCrystal Beiting - VP ofInvestor Relations, Financial Planning and AnalysisMark Smucker - CEO, President, and Chair of the BoardTucker Marshall - CFO, EVP of Frozen Handheld and Spreads, and Sweet Baked SnacksCrystal BeitingGood morning. This is Crystal Beiting, Vice President, Investor Relations and Financial Planning and Analysis for The J.M. Smucker Company. Thank you for listening to our prepared ...

The J. M. Smucker Company (NYSE:SJM) Q3 2026 Earnings call February 26, 2026 07:00 AM ET Company ParticipantsCrystal Beiting - VP ofInvestor Relations, Financial Planning and AnalysisMark Smucker - CEO, President, and Chair of the BoardTucker Marshall - CFO, EVP of Frozen Handheld and Spreads, and Sweet Baked SnacksCrystal BeitingGood morning. This is Crystal Beiting, Vice President, Investor Relations and Financial Planning and Analysis for The J.M. Smucker Company. Thank you for listening to our prepared ...

Vipshop (NYSE:VIPS) Q4 2025 Earnings call February 26, 2026 07:00 AM ET Company ParticipantsEric Ya Shen - Co-founder, Chairman, and CEOJessie Zheng - Head of Investor RelationsMark Wang - CFOConference Call ParticipantsAlicia Yap - Managing Director and Senior Equity AnalystRonald Keung - Equity Research AnalystOperatorLadies and gentlemen, good day, everyone, welcome to Vipshop Holdings Limited 4th quarter and full year 2025 earnings conference call. At this time, I would like to turn the call to Ms. Jess ...

Vipshop (NYSE:VIPS) Q4 2025 Earnings call February 26, 2026 07:00 AM ET Company ParticipantsEric Ya Shen - Co-founder, Chairman, and CEOJessie Zheng - Head of Investor RelationsMark Wang - CFOConference Call ParticipantsAlicia Yap - Managing Director and Senior Equity AnalystRonald Keung - Equity Research AnalystOperatorLadies and gentlemen, good day, everyone, welcome to Vipshop Holdings Limited 4th Quarter and Full Year 2025 Earnings Conference Call. At this time, I would like to turn the call to Ms. Jess ...

Financial Data and Key Metrics Changes - Total net revenues for Q4 2025 were RMB 32.5 billion, a decrease from RMB 33.2 billion in the prior year period, representing a year-over-year decline of 2.1% [14] - Gross profit for Q4 2025 was RMB 7.4 billion, down from RMB 7.6 billion in the prior year, with a gross margin of 22.9%, slightly lower than 23.0% in the previous year [14] - For the full year 2025, total net revenues were RMB 105.9 billion, compared to RMB 108.4 billion in the prior year, indicating a decline of 2.3% [18] - Net income attributable to Vipshop shareholders increased by 5.8% year-over-year to RMB 2.6 billion in Q4 2025, with a net margin of 8.0%, up from 7.4% in the prior year [17] Business Line Data and Key Metrics Changes - The Made for Vipshop line saw sales growth of over 40%, accounting for 5% of online apparel sales in 2025 [6] - Active Super VIP (SVIP) members grew by 11% to 9.8 million, contributing 52% of online spending [8] Market Data and Key Metrics Changes - The company experienced a deceleration in December sales due to weak winter apparel demand and delayed holiday shopping caused by a later Spring Festival [4] - Consumer activity showed signs of recovery in early 2026, driven by New Year shopping, with expectations of 0% to 5% revenue growth for Q1 2026 [25][21] Company Strategy and Development Direction - The company implemented a strategic reorganization of merchandising and customer engagement teams to enhance agility and long-term competitiveness [5] - Focus on building a stronger portfolio of branded products and enhancing customer relevance through data-driven insights [6] - The company aims to deepen its offline presence through the expansion of Shan Shan outlets, which have proven to be a stable revenue stream [34] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in delivering sustainable profitability growth in 2026 and beyond, despite a dynamic macro environment [11] - The company remains focused on high-quality growth and expects to stabilize margins while making efforts to outperform in terms of margins for 2026 [26] Other Important Information - The company returned a total of $944 million to shareholders through dividends and share repurchases in 2025, with plans to maintain this momentum in 2026 [13] - Cash and cash equivalents as of December 31, 2025, were RMB 24.1 billion, with short-term investments of RMB 5.8 billion [18] Q&A Session Summary Question: Impact of late Spring Festival on business performance and recovery signs - Management noted that Q4 sales were impacted by warm weather and a late Spring Festival, but consumer activity has picked up in early 2026, supporting guidance for revenue growth [25] Question: Margin outlook for 2026 - Management expects margins to stabilize and aims to outperform in terms of margins for 2026, focusing on sustainable, profitable growth [26] Question: User growth expectations for 2026 and demand for apparel versus non-apparel - Management aims to regrow customer numbers in 2026, with a focus on providing value across categories to drive repeat business [31] Question: Resilience of the business model against e-commerce trends and offline growth - Management believes the off-price model will remain competitive and is expanding the offline business through Shan Shan outlets, which are performing well [34]

The J. M. Smucker Company (NYSE:SJM) Q3 2026 Earnings call February 26, 2026 07:00 AM ET Speaker0Good morning. This is Crystal Beiting, Vice President, Investor Relations and Financial Planning and Analysis for The J.M. Smucker Company. Thank you for listening to our prepared remarks on our fiscal 2026 third quarter earnings call. After this brief introduction, Mark Smucker, Chief Executive Officer, President, and Chair of the Board, will provide a business and strategy update. Tucker Marshall, Chief Financ ...

Nomad Foods (NYSE:NOMD) Q4 2025 Earnings call February 26, 2026 06:45 AM ET Company ParticipantsDominic Brisby - CEOJason English - Head of Investor Relations and Corporate StrategyRuben Baldew - CFOJason EnglishHello, welcome to the prerecorded discussion of Nomad Foods' fourth quarter 2025 earnings results. We have posted the company press release and investor presentation on Nomad Foods' website at nomadfoods.com. I am Jason English, Head of Investor Relations and Corporate Strategy, and I'm joined by Do ...

Nomad Foods (NYSE:NOMD) Q4 2025 Earnings call February 26, 2026 06:45 AM ET Company ParticipantsDominic Brisby - CEOJason English - Head of Investor Relations and Corporate StrategyRuben Baldew - CFOJason EnglishHello, welcome to the prerecorded discussion of Nomad Foods' fourth quarter 2025 earnings results. We have posted the company press release and investor presentation on Nomad Foods' website at nomadfoods.com. I am Jason English, Head of Investor Relations and Corporate Strategy, and I'm joined by Do ...

iQIYI (NasdaqGS:IQ) Q4 2025 Earnings call February 26, 2026 06:30 AM ET Company ParticipantsChang Yu - IR DirectorLincoln Kong - Executive DirectorXianghua Yang - Senior VP of International BusinessXiaohui Wang - Chief Content OfficerYing Zeng - Interim CFOYu Gong - Founder, Director, and CEONone - TranslatorConference Call ParticipantsGigi Zhou - AnalystMaggie Ye - Research AnalystRebecca Xu - AnalystXueqing Zhang - AnalystOperatorThank you for standing by. Welcome to the iQIYI fourth quarter and fiscal ye ...