Financial Data and Key Metrics Changes - The company reported a total revenue growth of 10% in Q3, exceeding the mid-single-digit outlook, with Asia leading at 22% growth, followed by North America at 8% and Europe at 4% [23][31] - Adjusted gross margin expanded by 140 basis points to 69.8%, driven by AUR growth and a favorable mix shift towards full-price businesses [24][33] - Adjusted operating margin increased by 200 basis points to 20.7%, with operating profit rising by 21% [25] Business Line Data and Key Metrics Changes - Core product sales grew in low double digits, driven by strong demand in categories like cotton cable knits and children's programs [13][24] - High-potential categories, including women's apparel and handbags, increased in high teens, outpacing total company growth [14][15] - Direct-to-consumer (DTC) business in North America increased by 7%, with retail comps up 7% and digital comps also growing by 7% [26] Market Data and Key Metrics Changes - Asia's revenue increased by 22%, with retail comp growth of 20%, driven by strong performance in China, which grew over 30% [29][31] - North America revenue grew by 8%, with strong performance across both DTC and wholesale businesses [26][27] - Europe saw a revenue increase of 4%, with healthy comps in full-price stores offset by softer outlet trends [28][32] Company Strategy and Development Direction - The company is focused on its "Next Great Chapter: Drive" strategic plan, which aims to elevate the brand, drive core products, and expand in key cities [8][20] - The strategy emphasizes a cinematic storytelling approach to marketing, aiming to connect deeply with consumers and enhance brand desirability [5][44] - The company plans to continue leveraging advanced technology, AI, and analytics to improve consumer engagement and operational efficiency [7][18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the brand's resilience and ability to navigate an uncertain global environment, focusing on long-term growth and value creation [20][30] - The outlook for fiscal 2026 has been raised, expecting constant currency revenues to increase in the high single to low double digits [31][33] - Management remains cautious about the North American operating environment due to ongoing consolidation in the wholesale channel [32] Other Important Information - The company added 2.1 million new consumers to its DTC businesses in Q3, reflecting strong momentum among younger consumers [11][12] - The launch of "Ask Ralph," an AI-powered digital shopping assistant, is expected to enhance customer engagement and provide valuable first-party data [78] - The company opened 32 new stores globally, expanding its presence in key markets [18] Q&A Session Summary Question: How is the company thinking about sustaining longer-term brand momentum with increased marketing? - Management emphasized the importance of cultural moments and experiences in attracting and retaining consumers, alongside consistent execution across all business aspects [42][44] Question: What are the drivers of the raised outlook for Q4? - Management noted continued global momentum across regions and channels, particularly in North America and Asia, despite expected moderation in growth due to timing of wholesale receipts [46][47] Question: Can you elaborate on the drivers of AUR increase and any price resistance from consumers? - Management highlighted that AUR growth was driven by reduced promotional activity and strong full-price demand, with no observed price resistance from core customers [50][54] Question: What is the outlook for Europe and the impact of outlet performance? - Management confirmed that Europe is expected to grow at the high end of mid-single digits, with a focus on enhancing quality of sales and reducing promotional activity in outlets [59][64] Question: What are the early learnings from the implementation of Ask Ralph? - Management reported encouraging early reviews and insights from consumer interactions, with plans to expand features and integrate further into the digital ecosystem [77][78]

Green Plains (NasdaqGS:GPRE) Q4 2025 Earnings call February 05, 2026 09:00 AM ET Company ParticipantsAnn Reis - CFOChris Osowski - President and CEOImre Havasi - SVP of Trading and Commercial OperationsWill Joekel - VP and TreasurerConference Call ParticipantsAndrew Strelzik - AnalystCraig Irwin - AnalystEric Stine - AnalystKristen Owen - AnalystMatthew Blair - AnalystPooran Sharma - AnalystSalvatore Tiano - AnalystOperatorGood morning, and welcome to the Green Plains Inc. Fourth Quarter and Full Year 2025 ...

Financial Data and Key Metrics Changes - For Q1 2026, the company reported an Adjusted EBITDA of $83.4 million, an increase of $8.1 million or nearly 11% compared to the prior year [7][10] - Net income for the first quarter was $46.6 million, compared to $38 million or $0.59 per common unit in the prior year [10] - Total gross margin for the first quarter was $238.6 million, an increase of $16.1 million or 7.2% year-over-year [12] Business Line Data and Key Metrics Changes - Retail propane gallons sold totaled 100 million, reflecting a 4.2% increase compared to the prior year [10] - The renewable natural gas (RNG) operations saw an increase in average daily RNG injection, driven by operational enhancements at the Stanfield, Arizona facility [8] Market Data and Key Metrics Changes - Average wholesale propane prices per gallon were in the $0.60 range, down from $0.90 a year ago [12] - Propane inventories were reported at 89 million barrels, which is 34% above historical averages for this time of year [12] Company Strategy and Development Direction - The company is focused on long-term strategic growth plans, including the acquisition of two propane businesses in California and progressing capital projects to grow RNG production [9] - The company is investing nearly $7 million in RNG projects and refinancing its 2027 senior notes to maintain balance sheet strength and flexibility [9] Management's Comments on Operating Environment and Future Outlook - Management noted that colder weather in northern territories drove heat-related demand, contributing to the increase in volume sold [6] - The company remains committed to growing its core propane business while also expanding into alternative, lower carbon, renewable fuels [17] Other Important Information - The Board of Supervisors declared a quarterly distribution of $0.325 per common unit, equating to an annualized rate of $1.30 per common unit [16] - The company borrowed $115.4 million under its revolving credit facility to fund seasonal working capital needs [14] Q&A Session Summary - There were no questions during the Q&A session, and the call concluded without any inquiries from participants [18][20]

Spectrum Brands (NYSE:SPB) Q1 2026 Earnings call February 05, 2026 09:00 AM ET Company ParticipantsCarla Casella - Managing Director Credit ResearchDavid Maura - Chairman and CEOFaisal Qadir - CFOJen Schultz - DVP of FP&A and Investor RelationsMadison Callinan - Equity Research AssociateWill Gildea - Equity Research AssociateConference Call ParticipantsChris Carey - Head of Consumer Staples Research and Senior Equity AnalystIan Zaffino - Managing Director and Senior AnalystOlivia Tong - Managing Director an ...

Crown (NYSE:CCK) Q4 2025 Earnings call February 05, 2026 09:00 AM ET Company ParticipantsGeorge Staphos - Managing DirectorKevin Clothier - SVP and CFOMike Roxland - Managing Director and Equity ResearchPhilip Ng - Managing DirectorStefan Diaz - VP of Equity ResearchTim Donahue - Chairman, President and CEOTom Kelly - COOConference Call ParticipantsAnojja Shah - Equity Research AnalystAnthony Pettinari - Research AnalystArun Viswanathan - Senior Equity AnalystChris Parkinson - Senior Research AnalystEdlain ...

EnerSys (NYSE:ENS) Q3 2026 Earnings call February 05, 2026 09:00 AM ET Company ParticipantsAndrea Funk - EVP and CFOBrian Drab - Partner and Co-Group Head of IndustrialsLisa Hartman - VP of Investor RelationsShawn O'Connell - President of Energy Systems GlobalConference Call ParticipantsChip Moore - Managing Director and Senior Equity Research AnalystGreg Lewis - Managing Director and Senior Equity Research AnalystNoah Kaye - Managing Director and Senior AnalystOperatorHello, and thank you for standing by. ...

Financial Data and Key Metrics Changes - The company reported a net sales decrease of 3.3% for Q1 2026, with organic net sales down 6% primarily due to softness in the Home and Personal Care business and an accelerated seasonal inventory build from the previous year [18] - Adjusted EBITDA for the quarter was $62.6 million, a decrease of $15.2 million, driven by lower volume and reduced gross margins [20] - The gross profit decreased by $16.2 million, with a gross margin of 35.7%, down 110 basis points [19] Business Line Data and Key Metrics Changes - Global Pet Care business reported an 8.3% increase in net sales, with organic net sales up 5.8%, driven by strong performance in companion animal and aquatics categories [23] - Home and Garden business saw a significant net sales decrease of 19.8%, attributed to prior year inventory build and typical seasonal trends [28] - Home and Personal Care business experienced a net sales decrease of 7.6%, with organic net sales down 11.1%, impacted by higher inventory levels at a key retailer [33] Market Data and Key Metrics Changes - North America showed growth in the Global Pet Care segment, with share gains in companion animal categories [8] - EMEA sales in the Global Pet Care segment decreased in the low single digits, primarily due to a decline in dog and cat food sales [24] - LATAM region reported high teens growth in Home and Personal Care, driven by positive consumer reactions to new product launches [34] Company Strategy and Development Direction - The company aims to maintain a healthy balance sheet and focus on operational excellence, with ongoing investments in brand innovation and strategic acquisitions [10][12] - The strategic priority includes a "fewer, bigger, better" approach to concentrate resources on high-impact initiatives [11] - The company is optimistic about the M&A landscape and aims to be a consolidator in the Global Pet Care and Home and Garden sectors [16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the recovery from tariff disruptions and macroeconomic volatility, noting early signs of recovery in consumables [7] - The company anticipates continued softness in the Home and Personal Care business but expects stabilization in the second half of the fiscal year [38] - Management reiterated expectations for flat to low single-digit growth in net sales and adjusted EBITDA for fiscal 2026 [39][46] Other Important Information - The company generated nearly $60 million of adjusted free cash flow in Q1 and repurchased approximately 600,000 shares [9] - A new $300 million share repurchase program has been authorized by the board [9] - The company ended the quarter with a cash balance of $126.6 million and net debt of $452.3 million [22] Q&A Session Summary Question: Has the pet market reached a bottom? - Management refrained from making definitive statements about market bottoms but expressed satisfaction with market share gains in the pet segment [48][49] Question: Commitment of retailers to the garden category? - Management is optimistic about the Home and Garden business, citing strong POS trends and new product launches [50][51] Question: Anticipated improvement in sales cadence? - Management expects the pet business to continue growing, while Home and Garden will see stronger performance in the second half of the year [58][59] Question: Levels of investment in brands? - Investment levels are deemed appropriate for Global Pet Care and Home and Garden, with potential pullbacks in Home and Personal Care based on recovery [62][64] Question: Innovation pipeline for FY 2026? - Management confirmed a strong pipeline of new products for both Home and Garden and Global Pet Care, with successful launches expected to drive growth [66] Question: Progress in the Home and Personal Care business? - Management acknowledged challenges but noted improvements in the North American market and a focus on strategic solutions for the business unit [71][76]

UGI (NYSE:UGI) Q1 2026 Earnings call February 05, 2026 09:00 AM ET Company ParticipantsBob Flexon - President and CEOGabriel Moreen - Managing DirectorSean O’Brien - CFOTameka Morris - VP of Investor Relations and ESGConference Call ParticipantsPaul Zimbardo - Managing Director and Senior Equity Research Analyst on UtilitiesOperatorGood day, and thank you for standing by. Welcome to the UGI Corporation Q1 2026 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the spea ...

Maximus (NYSE:MMS) Q1 2026 Earnings call February 05, 2026 09:00 AM ET Company ParticipantsBruce Caswell - President and CEODavid Mutryn - CFOConference Call ParticipantsBrian Gesuale - AnalystCharlie Strauzer - AnalystOperatorGreetings, and welcome to the Maximus Fiscal 2026 First Quarter Conference Call. At this time, all participants are in a listen-only mode. A brief question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, pleas ...

EnerSys (NYSE:ENS) Q3 2026 Earnings call February 05, 2026 09:00 AM ET Company ParticipantsAndrea Funk - EVP and CFOBrian Drab - Partner and Co-Group Head of IndustrialsLisa Hartman - VP of Investor RelationsShawn O'Connell - President of Energy Systems GlobalConference Call ParticipantsChip Moore - Managing Director and Senior Equity Research AnalystGreg Lewis - Managing Director and Senior Equity Research AnalystNoah Kaye - Managing Director and Senior AnalystOperatorHello, and thank you for standing by. ...