Latest news with #earningsCall
Yahoo
01-07-2025
- Business
- Yahoo
Sonoco To Report Second Quarter 2025 Results
HARTSVILLE, S.C., July 01, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company ('Sonoco' or the 'Company')(NYSE: SON), a global leader in high-value sustainable packaging, will announce second quarter 2025 results on Wednesday, July 23, 2025, after the market closes. The Company will host a conference call to discuss these results on Thursday, July 24, 2025, at 9:00 a.m. Eastern Time. A live audio webcast of the call along with supporting materials will be available on the Sonoco Investor Relations website at A webcast replay will be available on the Company's website for at least 30 days following the call. Event: Sonoco Second Quarter 2025 Earnings Webcast Time: Thursday, July 24, 2025, at 9:00 a.m. Eastern Time Audience Dial-In: To listen via telephone, please register in advance at Analysts and Participants will receive their unique dial in details with a PIN by email to join the conference call upon registration. Webcast Link: About Sonoco Founded in 1899, Sonoco (NYSE: SON) is a global leader in value-added, sustainable metal and fiber consumer and industrial packaging. The Company is now a multi-billion-dollar enterprise with approximately 23,400 employees working in 285 operations in 40 countries, serving some of the world's best-known brands. Guided by our purpose of Better Packaging. Better Life.®, we strive to foster a culture of innovation, collaboration and excellence to provide solutions that better serve all our stakeholders and support a more sustainable future. Sonoco was proudly named one of America's Most Trustworthy and Responsible Companies by Newsweek in 2025. For more information on the Company, visit our website at Contact: Roger Schrum 843-339-6018 Sign in to access your portfolio
Yahoo
27-06-2025
- Business
- Yahoo
McCormick & Co Inc (MKC) Q2 2025 Earnings Call Highlights: Navigating Growth Amidst Global ...
Total Organic Sales Growth: Increased by 2% for the quarter, driven by volume and mix. Consumer Segment Organic Sales: Increased by 3%, with 4% volume growth in the Americas. Flavor Solutions Segment Organic Sales: Flat, with a 1% contribution from price offset by a 1% decline in volume and mix. Gross Profit Margin: Flat compared to the previous year, impacted by higher commodity costs. Adjusted Operating Income: Increased by 10%, or 11% excluding currency impacts. Adjusted Earnings Per Share: $0.69, comparable to the previous year. Cash Flow from Operations: $161 million, down from $302 million in the previous year. Capital Expenditures: $85 million used for capital expenditures. Tariff Exposure: Total gross annualized tariff exposure approximately $90 million, with $50 million in-year exposure for 2025. 2025 Financial Outlook: Net sales growth expected between 1% and 3%, with adjusted EPS projected at $3.03 to $3.08. Warning! GuruFocus has detected 5 Warning Signs with MKC. Release Date: June 26, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. McCormick & Co Inc (NYSE:MKC) reported a 2% increase in total organic sales for the second quarter, driven by volume growth, particularly in the Consumer segment. The company achieved volume growth of more than 3% in the Consumer segment, with strong performance in the Americas and EMEA regions. McCormick & Co Inc (NYSE:MKC) continues to see strong demand for its products, driven by consumer trends towards flavorful, fresh, and healthy meals. The company is effectively managing tariff impacts through strategic sourcing and cost-saving initiatives, maintaining its volume-led growth and operating profit outlook for 2025. McCormick & Co Inc (NYSE:MKC) is expanding its distribution and launching new products, such as air fryer seasonings and finishing salts, to drive growth and meet consumer demand. The Flavor Solutions segment experienced a decline in volume, particularly in the EMEA region, due to softness in customer volumes and geopolitical boycotts. The company faces increased cost pressures from the global trade environment, impacting its gross margin expectations for 2025. McCormick & Co Inc (NYSE:MKC) is experiencing softness in volumes from some large CPG customers, affecting its Flavor Solutions segment. The company anticipates continued challenges in the quick service restaurant (QSR) sector in EMEA, impacting its performance in that region. McCormick & Co Inc (NYSE:MKC) reported a decrease in cash flow from operations compared to the previous year, driven by higher cash used due to the timing of working capital. Q: Brendan, McCormick had been indicating that EBIT growth would be more weighted towards the second half, but second-quarter EBIT was stronger than expected. What contributed to this outcome? A: Brendan Foley, CEO: Our consumer business performed well, driven by volume across core categories, and we built share. In Flavor Solutions, we navigated tough conditions better than most. Marcos Gabriel, CFO, added that strong operating profit delivery was driven by SG&A efficiencies, including stock-based compensation and CCI program initiatives. Q: Can you elaborate on the tariff mitigation actions and how you balance cost work with strategic pricing? A: Marcos Gabriel, CFO: The majority of mitigation actions are driven by sourcing and CCI. We use data analytics for buying decisions and sourcing locations. Pricing is the residual, and we apply it surgically, using analytics to assess elasticity and maintain volume momentum. Q: Could you provide more detail on the gross tariff exposure of $90 million and the impact of the global trade environment on costs? A: Marcos Gabriel, CFO: Our tariff exposure is related to raw materials not grown in the US. We use a blended tariff rate to estimate a 2% impact on COGS globally. The global trade environment has not driven expected lower costs, impacting our gross margin, which we plan to offset through SG&A initiatives. Q: How are you managing sourcing opportunities without sacrificing quality? A: Brendan Foley, CEO: Quality remains a top priority, and we procure items that meet our high-quality requirements. Marcos Gabriel, CFO, emphasized that there is no trade-off between quality and price, and our sourcing organization ensures both. Q: What is the outlook for the Flavor Solutions segment in the second half of the year? A: Brendan Foley, CEO: In the Americas, we expect trends to sustain, with potential improvement if QSR traffic increases. In EMEA, we anticipate stabilization against weaker prior-year performance. Asia Pacific trends are expected to remain consistent with the first half. Q: How are discussions with retailers regarding innovation and pricing? A: Brendan Foley, CEO: We have positive, productive conversations with retailers, focusing on category growth and consumer needs. Our strong category management, innovation, and brand marketing support drive collaborative and successful retailer relationships. Q: Are you confident in achieving long-term objectives despite tariff impacts? A: Brendan Foley, CEO: Yes, we remain confident in our long-term objectives. While we adjust plans as needed, tariffs have not derailed our long-term strategy. Q: What is the level of innovation activity from large CPG customers, and how does it benefit McCormick? A: Brendan Foley, CEO: We see increased reformulation and innovation activity, particularly in health and wellness categories. This activity is incremental and benefits McCormick through strong win rates and collaboration with customers. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
25-06-2025
- Business
- Yahoo
5 Insightful Analyst Questions From EXL's Q1 Earnings Call
ExlService Holdings' first quarter results were met with a positive market reaction, reflecting both broad-based revenue growth and operational efficiency improvements. Management attributed performance to strong momentum across insurance, healthcare and life sciences, banking, and international markets, as well as robust demand for embedded data and artificial intelligence (AI) solutions. CEO Rohit Kapoor pointed to the company's 'significant momentum across all our segments,' highlighting that data and AI-led revenue now accounts for over half of total sales. The company's new segment reporting structure was also presented as better aligning with how senior leaders evaluate performance and allocate resources. Is now the time to buy EXLS? Find out in our full research report (it's free). Revenue: $501 million vs analyst estimates of $491.2 million (14.8% year-on-year growth, 2% beat) Adjusted EPS: $0.48 vs analyst estimates of $0.44 (8.8% beat) Adjusted EBITDA: $111.2 million vs analyst estimates of $105.8 million (22.2% margin, 5.1% beat) The company slightly lifted its revenue guidance for the full year to $2.05 billion at the midpoint from $2.04 billion Management reiterated its full-year Adjusted EPS guidance of $1.86 at the midpoint Operating Margin: 15.7%, up from 14.1% in the same quarter last year Market Capitalization: $7.15 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Bryan Bergin (TD Cowen) questioned the sustainability of EXL's high revenue visibility and annuity-like contract base; CFO Maurizio Nicolelli explained that 87% of annual revenue is already committed, with 95% overall visibility at the guidance midpoint. Bryan Bergin (TD Cowen) asked whether increased adoption of AI would cannibalize traditional digital operations revenue; CEO Rohit Kapoor replied that AI is implemented with 'human in the loop,' raising revenue per headcount and shifting workforce needs gradually. Surinder Thind (Jefferies LLC) inquired about the durability of EXL's early-mover advantage in AI; Kapoor pointed to decades of investment in domain expertise, analytics, and data science as foundational, emphasizing ongoing reinvestment to maintain leadership. David Grossman (Stifel Europe) probed the potential deflationary impact of AI on the existing business; Kapoor noted less than half of revenue comes from legacy operations, and proactive integration of AI strengthens client relationships and can accelerate growth, rather than suppressing it. Vincent Colicchio (Barrington Research Associates) asked about new competitors in the AI space; Kapoor responded that EXL faces a diverse set of competitors, including startups and large technology firms, but maintains an edge due to deep client integration and workflow expertise. In the coming quarters, the StockStory team will closely monitor (1) the pace of client adoption and monetization of and other AI-led solutions, (2) the ability of healthcare and insurance segments to sustain above-market growth amid macro uncertainty, and (3) the impact of rising AI-related investments on adjusted margins. We will also track new client additions and the expansion of outcome-based contracts as indicators of strategic execution. EXL currently trades at $44.55, in line with $44.98 just before the earnings. At this price, is it a buy or sell? See for yourself in our full research report (it's free). Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-06-2025
- Business
- Yahoo
Blue Dart Express Ltd (BOM:526612) Q4 2025 Earnings Call Highlights: Navigating Growth Amidst ...
Release Date: May 29, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Blue Dart Express Ltd (BOM:526612) reported a revenue from operations of INR57,202 million and a profit after tax of INR2,446 million for the year ended March 31, 2025. The company was recognized for excellence in customer service, sustainability, compliance, and brand loyalty, and was awarded for its customer-centric approach and operational excellence. Significant investments made in the previous year have been well operationalized, contributing to positive growth in both revenue and volumes. The company has maintained a strong position in pricing, successfully implementing price increases with both large and small players. Blue Dart Express Ltd (BOM:526612) has achieved optimal utilization levels for its freighters, indicating efficient use of resources. Margins have decreased in the fourth quarter compared to the third quarter, attributed to the incremental costs of new aircraft and lower business days. The EBITDA margin has declined from 10.5% in the previous year's fourth quarter to 8.3% in the current quarter. The company's return on capital employed (ROCE) is at a decade low, excluding the COVID-19 period, due to investments in owned assets. There is a noted contraction in gross margins from 43.2% to 41.4% year-over-year, despite price increases. The volume growth has not fully translated into revenue growth, indicating challenges in price realization across the board. Warning! GuruFocus has detected 2 Warning Signs with BOM:532859. Q: Can you provide the volume data for this quarter? A: We had 9,191.94 million shipments for the quarter with a weight of 331,101 tons. - Interim CFO, Sagar Patel Q: Why have margins decreased this quarter compared to the third quarter? A: The third quarter typically sees higher volumes due to the festive season, which tapers off in the first quarter. Additionally, the operationalization of new aircraft has increased costs, impacting margins. - Interim CFO, Sagar Patel Q: What is the outlook for growth and EBITDA margins, and why were margins down to 8.3% from 10.5% last year? A: Investments made last year have increased costs, but as customers recognize improved transit times, pricing will develop, and margins are expected to improve. - Interim CFO, Sagar Patel Q: How much CapEx will be undertaken, and how will the new Guwahati hub contribute to growth? A: CapEx will focus on replacement, upgrading, and expanding capacities. The Guwahati hub will help utilize aircraft effectively, with significant volume improvements from the Northeast. - Interim CFO, Sagar Patel Q: Are the new freighters operating at optimal utilization, and is there room for growth? A: The freighters have reached optimal utilization levels, similar to the earlier fleet, with utilization between 85% to 90%. - Interim CFO, Sagar Patel For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29-05-2025
- Business
- Yahoo
Columbus McKinnon Corp (CMCO) Q4 2025 Earnings Call Highlights: Navigating Challenges with ...
Net Sales: $963 million for fiscal 2025, down 4% year over year on a constant currency basis. Fourth Quarter Sales: $246.9 million, down 5% from the prior year on a constant currency basis. Backlog: $322.5 million, a 15% increase versus the prior year. Gross Profit: $79.8 million in the fourth quarter, decreased by $14.5 million year over year. Gross Margin: 32.3% on a GAAP basis; 35.2% on an adjusted basis. Adjusted Operating Income: $24.1 million in the fourth quarter. Adjusted Operating Margin: 9.8% in the fourth quarter. Adjusted EPS: $0.60 for the fourth quarter. Adjusted EBITDA: $36.1 million in the fourth quarter, with a margin of 14.6%. Free Cash Flow: $29.5 million in the fourth quarter. Debt Repayment: $60 million paid down in fiscal 2025, including $15 million in the fourth quarter. Net Leverage Ratio: 3.1 times on a financial covenant basis. Fiscal 2026 Guidance: Net sales growth flat to slightly up; adjusted EPS growth flat to slightly up. Warning! GuruFocus has detected 3 Warning Sign with CMCO. Release Date: May 28, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Columbus McKinnon Corp (NASDAQ:CMCO) delivered record orders in fiscal '25, with a 4% increase versus the prior year on a constant currency basis. The company saw strong growth in project-related orders, particularly in precision conveyance, which was up 19% year over year. Backlog increased by 15% to $322.5 million, positioning the company well for fiscal '26. Operational execution improved, with a top-tier TRIR of 0.54 and a 10-point improvement in net promoter score in the EMEA region. The pending acquisition of Keto Crosby is expected to scale the business, expand customer capabilities, and accelerate the intelligent motion strategy. Net sales were down 4% year over year on a constant currency basis, reflecting lower volume due to short cycle order softness. Gross profit decreased by $14.5 million due to lower sales volume, mix, and factory closure costs. Tariffs are expected to be a headwind, with a $0.20 to $0.30 impact on adjusted EPS in the first half of fiscal 2026. The company faces macroeconomic uncertainty and volatility related to the evolving US policy landscape. Short cycle orders remain sensitive to channel dynamics, impacted by policy uncertainty and channel consolidation. Q: What is the tariff rate embedded for China and the EU, and how might the Keto Crosby acquisition impact tariff mitigation? A: David Wilson, President and CEO, explained that the tariff rates considered are 145% for China and 10% for the EU. The company is advancing integration planning for Keto Crosby, which could potentially help mitigate tariff impacts quicker or more effectively than currently guided. Q: How has the short cycle order trend been through April and early June, and what is expected for Keto Crosby? A: David Wilson noted that short cycle sales improved in the latter part of Q4, showing a flat year-over-year performance, which was a significant improvement from Q3. While he couldn't comment on Keto Crosby's results, similar activity levels are anticipated. Q: Can you elaborate on the tariff situation and the expected mitigation measures? A: David Wilson stated that the company expects a $40 million tariff headwind, with mitigation through surcharges, pricing, and supply chain management. The guidance assumes flat to slightly up revenue, with potential volume reductions due to price increases. Q: What is driving the strength in precision conveyance orders, and how are margins in this area? A: David Wilson highlighted robust demand in precision conveyance, with a 19% year-over-year order growth. This demand is driven by sectors like battery production, life sciences, and e-commerce, with contributions from Mantra Tech and Dorner businesses. Q: Why was the mix negative to margin despite strong precision conveyance orders? A: David Wilson explained that while orders were strong, sales were down, impacting margins due to lower volume and mix. The company expects improvements in fiscal '26 as volume ramps up, particularly in precision conveyance and North American linear motion businesses. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
