Core Viewpoint - SPS Commerce, Inc. (NASDAQ:SPSC) is identified as an oversold software stock with strong growth potential, supported by a "Buy" rating from Morgan Stanley analyst Chris Quintero, who set a price target of $170.00 [1][2] Group 1: Growth Strategy - The company's new network-led growth strategy is crucial, leveraging its extensive and differentiated network to drive organic growth [1][2] - SPS Commerce capitalizes on a vast network of trading partner relationships and transaction volumes, providing unique insights and data that are unmatched by competitors [2] Group 2: Competitive Advantage - The integration of AI technology enhances SPS Commerce's competitive edge by improving its ability to understand and meet retailer goals [2] - The company has a proven track record of high win rates and minimal losses to competitors, positioning it well for new upsell and cross-sell opportunities [2] Group 3: Market Position - SPS Commerce offers cloud-based supply chain management solutions, indicating its role in the evolving tech landscape [3]

Group 1 - The article does not provide any specific content related to a company or industry [1]

Group 1 - The event is the SPS Commerce 2025 Investor Day, featuring presentations from the leadership team and a customer panel discussion [1] - The agenda includes a Q&A session at the end of the program [1] - Forward-looking statements will be discussed, which are subject to risks and uncertainties as outlined in SEC filings [2] Group 2 - Chad Collins, the CEO of SPS Commerce, will present the company's growth strategy [3]

Summary of SPS Commerce 2025 Investor Day Company Overview - **Company**: SPS Commerce (NasdaqGS:SPSC) - **Industry**: Supply Chain Management and Retail Technology - **Headquarters**: Minneapolis, Minnesota - **Employee Count**: Approximately 3,000 employees, with half based in the Minneapolis-St. Paul area [2][3] Core Business Model - SPS Commerce operates a cloud-based network connecting retailers, suppliers, and third-party logistics providers to facilitate supply chain information exchange and collaboration [2][3] - The company serves three main market segments: retailers, suppliers, and third-party logistics providers [3] Growth Strategy - The company emphasizes the importance of network connections to enhance supply chain efficiency, sales growth, and margin improvement [3][4] - SPS Commerce aims to leverage its network to provide value-added applications, including fulfillment and revenue recovery, which are increasingly integrated into the network [6][8] - The company has identified a total addressable market (TAM) of $6.5 billion in the U.S. and over $11 billion globally, with plans to expand its customer base from 50,000 to 275,000 [16][17] Market Dynamics - The pandemic accelerated the adoption of omnichannel initiatives and dropship e-commerce, leading to increased customer count and average revenue per customer [9][11] - Current market conditions show a stabilization of omnichannel initiatives and a slowing customer count growth, attributed to macroeconomic uncertainties [12][14] Product Strategy - SPS Commerce focuses on collaboration and automation within the supply chain, with a strong emphasis on data availability to enhance customer collaboration [25][26] - The company employs a "build, buy, and partner" strategy to expand its product offerings, including recent acquisitions like Carbon6 and SupplyPike [29][30] - New product offerings include a revenue recovery solution and a performance management platform for retailers and suppliers to collaborate effectively [40][49] Go-to-Market Strategy - SPS Commerce's go-to-market strategy is centered around retail programs that facilitate supplier onboarding and compliance with retailer requirements [74][75] - The company maintains a high win rate of approximately 70% in securing new customers, primarily through its differentiated retail programs [76][78] Future Outlook - The company anticipates long-term growth driven by increased supply chain collaboration needs and the emergence of new consumer brands [14][15] - SPS Commerce is committed to continuous investment in technology and product development to enhance its network and customer offerings [50][51] Key Takeaways - SPS Commerce is well-positioned to capitalize on the growing demand for supply chain technology and collaboration solutions, with a robust network and a clear growth strategy [14][16] - The company's focus on data-driven insights and network-led growth presents unique opportunities for upselling and cross-selling to existing customers [20][21]

INVESTOR DAY September 23, 2025 © 2025 SPS Commerce Today's Agenda Growth Strategy | Chad Collins, CEO Product Strategy | Mike Svatek, CPO Financial Review | Kim Nelson, CFO Go-to-Market Strategy | Chad Collins, CEO Break Moderated Customer Panel Q&A Network Strategy | Jamie Thingelstad, CTO © 2025 SPS Commerce 2 Agenda Forward-Looking Statements and Non-GAAP Financial Measures This presentation contains forward-looking statements, including information about management's view of SPS Commerce's future expec ...

MINNEAPOLIS, Sept. 09, 2025 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ: SPSC), a leader in retail supply chain cloud services, today announced that it will host its Investor Day on Tuesday, September 23, 2025. SPS Commerce Chief Executive Officer Chad Collins and Chief Financial Officer Kim Nelson, as well as other members of the senior leadership team, will provide an overview of strategic investments and growth opportunities, followed by a live Q&A session. Presentations will begin at 8:30 a.m. Centra ...

Company Overview - SPS Commerce operates a cloud-based network that connects retailers and distributors with their suppliers to facilitate the exchange of supply chain information [2] - The company claims to have the world's largest retail network for supply chain data exchange, utilizing a network-based approach to solve related problems [2] Unique Selling Proposition - SPS Commerce's go-to-market strategy involves working directly with retailers to enable digital connections with their suppliers, many of whom are not digitally connected [2] - The company has successfully added over 50,000 suppliers to its network, with many suppliers trading with multiple partners across the network [2]

Summary of SPS Commerce (SPSC) 2025 Conference Call Company Overview - SPS Commerce operates a cloud-based network connecting retailers and distributors with suppliers to exchange supply chain information, claiming to have the world's largest retail network for this purpose [2][3] Market Opportunity - The Total Addressable Market (TAM) for SPS Commerce is estimated at $11 billion, with significant opportunities to add suppliers who are not digitally connected to retailers [4] - There is potential for increasing average revenue per customer through more connections and cross-selling of the product portfolio [4] Macro Environment - The company has experienced macro headwinds affecting mid-market customers, particularly due to global trade uncertainties, leading to prolonged sales cycles [5][8] - Despite these challenges, demand from retailers remains steady, and customer additions have been strong in 2025 [7][10] Growth and Margin Targets - SPS Commerce targets at least high single-digit organic growth and 2% annual EBITDA margin expansion [11][13] - The growth outlook excludes M&A activities, focusing on organic growth opportunities [14] Revenue Recovery Strategy - The company has acquired SupplyPike and Carbon Six to enhance its revenue recovery solutions for suppliers facing penalties from retailers [22][26] - Integration of these acquisitions is ongoing, with a unified go-to-market strategy that covers multiple retailers [27][28] - Early cross-selling opportunities have been identified, with expectations for ramp-up in 2026 [29][31] International Expansion - SPS Commerce has established a presence in Australia and is expanding into Europe and Asia, with retail enablement programs underway [36][39] - Challenges in Europe include navigating different supplier-retailer dynamics and operational complexities across multiple languages and cultures [41][42] Analytics Product - The analytics business has faced slower growth due to its discretionary nature, but improvements in product offerings and partnerships are expected to stabilize growth [43][44] AI Initiatives - SPS Commerce is exploring AI applications for transaction quality assurance and customer engagement, which are expected to enhance operational efficiencies and contribute to margin improvements [46][50] Competitive Landscape - The company competes with legacy incumbents transitioning to network-based solutions, as well as new entrants in the market [51][52] Gross Margin Expansion - Historical gross margins have been in the mid-60s, with a goal of reaching low to mid-70s through operational efficiencies and AI integration [54][57] Conclusion - Overall, SPS Commerce is optimistic about its growth trajectory, driven by a robust TAM, strategic acquisitions, and a focus on enhancing customer experience and operational efficiencies. The company is navigating macroeconomic challenges while positioning itself for long-term success in the retail supply chain space [10][11][13]

Company Overview - SPS Commerce is a leader in retail supply chain cloud services, connecting trading partners globally to optimize supply chain operations for retail partners [2] - The company supports over 50,000 recurring revenue customers across various sectors including retail, grocery, distribution, supply, manufacturing, and logistics [2] - SPS Commerce has achieved 98 consecutive quarters of revenue growth, indicating strong financial performance [2] Upcoming Events - Management will present at Citi's 2025 Global TMT Conference on September 4, 2025, at 8:10 AM E.T. [1] - A webcast of the presentation will be available on the company's investor relations website [1]

Core Viewpoint - SPS Commerce (NASDAQ: SPSC) has experienced a slower pace of growth, which may present a more compelling investment opportunity following a 25% pullback in its share price [1]. Group 1 - The investment group "Value In Corporate Events" focuses on identifying opportunities related to IPOs, mergers & acquisitions, earnings reports, and changes in corporate capital allocation [2]. - The group covers approximately 10 major events each month, aiming to find the best investment opportunities [2]. Group 2 - The article emphasizes that past performance does not guarantee future results, and no specific investment recommendations are provided [3].