Key Takeaways NDSN is seeing recovery in Medical and Fluid Solutions, with organic sales in the unit up 7.4%.Acquisitions like Atrion lifted NDSN's fiscal 2025 revenues, expanding its medical portfolio.Nordson boosted shareholder returns via higher dividends, aggressive buybacks and rising earnings estimates.Nordson Corporation (NDSN) stands to benefit from strength across its businesses, focus on operational excellence and acquired assets. The company remains focused on investing in growth opportunities an ...

Patrick (NASDAQ: PATK) is a leading component solutions provider serving the RV, Marine, Powersports and Housing markets. Since 1959, Patrick has empowered manufacturers and outdoor enthusiasts to achieve next- level recreation experiences. Our customer-focused approach brings together design, manufacturing, distribution, and transportation in a full solutions model that defines us as a trusted partner. Patrick is home to more than 85 leading brands, all united by a commitment to quality, customer service, ...

PresentationPlease be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Max Strandwitz, CEO. Please go ahead.Max StrandwitzCEO & President Thank you, operator. Hello, everyone. Welcome to the Mips presentation of the KOROYD acquisition. My name is Max Strandwitz. I am the CEO of Mips. And with me today, I also have Karin Rosenthal, who is the CFO of Mips. The presentation today will be about the acquisition of KOROYD, but for me, it's much ...

Shares of Star Group, L.P. (SGU) have declined 1% since reporting earnings for the fourth quarter of fiscal 2025 compared with the S&P 500 index’s 0.5% fall during the same period. Over the past month, the stock has fallen 1% against the S&P 500’s 0.7% return.Earnings & Revenue PerformanceStar Group’s fourth-quarter and fiscal 2025 results showed a mix of solid volume gains, improved profitability and the ongoing impacts of acquisitions. Fiscal fourth-quarter revenues rose 3.1% year over year to $247.7 mill ...

Core Insights - Devon Energy has significantly expanded through a series of acquisitions over the past five years, resulting in substantial returns for investors [1][9] Performance Analysis - Over the past five years, Devon Energy's stock has increased by 124%, outperforming the S&P 500's 85% gain [3] - The total return, including reinvested dividends, for Devon Energy over five years is 190.6%, compared to the S&P 500's 85.7% [3] - In the last year, Devon Energy's stock price increased by 7.1%, while the S&P 500 rose by 12.8% [3] Acquisition Strategy - Devon Energy's acquisition strategy has been a key driver of its performance, including a $12 billion merger with WPX Energy in late 2020 [6][7] - Subsequent acquisitions include RimRock Oil and Gas for $865 million, Validus Energy for $1.6 billion, and Grayson Mill Energy for $5 billion, enhancing its production capabilities [7][8] - The company has increased its quarterly dividend from $0.11 per share in 2020 to $0.24 per share currently, alongside $8.66 per share in variable dividends over five years [8] Financial Metrics - Devon Energy's current market capitalization is $24 billion, with a gross margin of 23.20% and a dividend yield of 2.51% [6] - The company has repurchased $4.1 billion of its $5 billion share repurchase authorization [8]

Core Insights - Marsh & McLennan Companies, Inc. (MMC) has acquired three privately held insurance brokerages in Honolulu, Hawai'i, enhancing its local market presence and expertise [1][2][8] - The acquired firms, Atlas Insurance Agency, Pyramid Insurance Centre, and IC International, have established a strong market presence in Hawai'i, specializing in various sectors including municipalities, transportation, and hospitality [2][8] - The acquisition is expected to broaden MMA's offerings and client base, ultimately driving performance in the Risk and Insurance Services segment, which accounted for approximately 65% of MMC's overall revenue in the first nine months of 2025 [4][8] Acquisition Strategy - MMA's acquisition strategy is part of a broader initiative across Marsh & McLennan's Risk and Insurance Services and Consulting segments, aimed at expanding product offerings and market reach [6] - In 2024, Marsh & McLennan spent $8.5 billion on acquisitions and has continued this strategy in 2025, investing $224 million in buyouts during the first nine months [6] Market Performance - Marsh & McLennan's shares have increased by 3.9% over the past month, slightly outperforming the industry growth of 3.8% [7]

Miami, Florida--(Newsfile Corp. - November 13, 2025) - Kisses From Italy Inc. (OTCQB: KITL), a publicly listed U.S.-based company, restaurant operator, franchisor, and product distributor in the United States, Canada, and Europe, announced today that LB Equity Advisors, Inc., has been retained as advisors and appointed J. Zimbler as Interim Management Advisor, and Interim President and sole Director, responsible for the reposition of the company's direction and rebranding the company and to recruit new man ...

Core Insights - Olaplex's net sales decreased by 3.8% to $114.6 million in the third quarter compared to the same period last year, but this figure exceeded Wall Street's forecast of $111 million [1] - The company reported a net income of $11.1 million, down from $14.8 million in the same quarter of 2024, with diluted earnings per share at 2 cents [5] Sales Performance - Specialty retail sales fell by 13.5% to $36.9 million, while professional sales increased by 5.3% to $44.5 million, and direct-to-consumer sales decreased by 2.9% to $33.3 million [2] - Net sales in the U.S. decreased by 14.6%, whereas international sales increased by 7.1% [4] Strategic Initiatives - The CEO emphasized the importance of the professional business and the company's investment in a pro-first strategy, which is beginning to yield results [3] - The company is undergoing a transformation in retail, with ongoing improvements and tracking consumer responses to rebranding efforts [4] Acquisition - Olaplex announced the acquisition of Purvala Bioscience, marking its first acquisition in over 10 years, aimed at accessing new technologies for future growth [5][6]

Financial Data and Key Metrics Changes - The company reported GAAP diluted earnings per share of $1.42, an increase of 6% year-over-year, and adjusted diluted earnings per share of $1.64, an increase of 18% [32] - Consolidated GAAP revenue and adjusted revenues were both $1.3 billion, reflecting a 19.8% increase [32] - GAAP net income was $83.8 million, up 6.9%, while adjusted net income reached $96.5 million, an increase of 18.9% [32] - Cash and cash equivalents stood at $443.7 million, with cash flows from operations amounting to $381 million [32] - The company raised its 2025 earnings guidance to between $6.48-$6.54 per diluted share, up from a previous range of $6.34-$6.46 [16][36] Business Line Data and Key Metrics Changes - Same-Store occupancy increased to 83%, while transitioning occupancy rose to 84.4%, both representing all-time highs [8] - Skilled days increased for Same-Store operations by 5.1% and for transitioning operations by 10.9% year-over-year [10] - Medicare revenue increased by 10% for Same-Store operations and 8.8% for transitioning operations [10] - Managed care revenue saw increases of 7.1% for Same-Store and 24.3% for transitioning operations [10] Market Data and Key Metrics Changes - Ensign-affiliated facilities outperformed peers by 24% at the state level and 33% at the county level according to CMS data [7] - The U.S. population aged 80 and older is projected to grow by over 50% in the next decade, creating sustained demand for skilled nursing services [9] Company Strategy and Development Direction - The company continues to focus on organic growth through improved occupancy and skilled mix, with a strong emphasis on clinical excellence [10][11] - Ensign has successfully sourced, underwritten, and transitioned 73 new operations since 2024, indicating a solid pipeline for future growth [11][12] - The company maintains a disciplined approach to acquisitions, avoiding overpriced deals while enhancing capabilities within existing operations [12][23] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the long-term growth potential driven by demographic trends and the company's ability to capture market share [9][10] - The company is confident in achieving its revised earnings guidance due to strong performance and positive momentum in occupancy and skilled mix [36] - Management highlighted improvements in labor metrics, including turnover and stable wage growth, which are critical for maintaining operational success [15] Other Important Information - Standard Bearer Healthcare REIT generated rental revenue of $32.6 million for the quarter, with $27.6 million from Ensign-affiliated operations [25] - The company has a long history of paying dividends, having increased the annual dividend for 22 consecutive years [35] Q&A Session Summary Question: How should we think about the room to run on the skilled mix side, specifically in the same-store portfolio? - Management noted that there is substantial potential for skilled mix growth in facilities like Beacon, with ongoing efforts to add services that meet the needs of acute providers and managed care partners [45][48] Question: Can you talk about the managed care contracting environment in new markets like Alabama? - Management indicated that establishing managed care partnerships takes time, but they have relationships in overlapping states that facilitate this process [50] Question: What is driving the heightened pace of deal activity this year? - Management clarified that the recent deals were driven by long-standing relationships and emotional decisions from sellers rather than special market conditions [58][60] Question: Are you seeing any traction with managed care companies regarding behavioral health? - Management confirmed ongoing traction in adding behavioral units in several facilities, indicating strong relationships with county programs and managed care partners [63]

Financial Data and Key Metrics Changes - Revenue for Q3 2025 was approximately $485 million, representing a year-over-year increase of 17.9% or $73.7 million, driven by solid waste pricing strength and acquisitions [5][10] - Adjusted EBITDA reached a record $120 million, up 16.4% year-over-year, with an adjusted EBITDA margin of 24.7%, down approximately 30 basis points year-over-year [5][12] - Year-to-date adjusted free cash flow totaled $119 million, up 21% year-over-year, supported by EBITDA growth and stronger working capital performance [5][15] - The company raised the lower end of its revenue and adjusted EBITDA guidance for 2025, increasing midpoints to $1.835 billion and $420 million, respectively [15] Business Line Data and Key Metrics Changes - Solid waste operations saw a revenue increase of 20.6% year-over-year, with pricing up 4.6% and volume essentially flat [10] - Resource solutions revenues increased by 7.8% year-over-year, although recycling and processing revenue decreased by 5% due to lower commodity prices [11] - The integration of Mid-Atlantic businesses is progressing well, with expectations for further gains in Q4 and into 2026 [6][19] Market Data and Key Metrics Changes - Landfill volumes increased by 11.7% year-over-year, with internalized volumes growing nearly 20% [10][19] - The average recycled commodity revenue per ton decreased by 29% year-over-year due to softer markets [11] - The company is working on expanding landfill capacity in New York, with permits expected in the coming quarters [19][102] Company Strategy and Development Direction - The company’s M&A strategy focuses on a balanced mix of smaller tuck-in acquisitions and larger opportunities to expand geographic footprint [6] - The company has an active acquisition pipeline representing approximately $500 million in annualized revenues [7] - The transition to a new Executive Chairman role for John W. Casella at the end of 2025, with Ned Coletta stepping into the CEO role, indicates a strategic leadership shift [8][9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving enhanced 2025 guidance, citing sustained operating and acquisition momentum [7] - The company anticipates another year of strong growth in 2026, with organic growth expected in the range of 4 to 5% and an additional 3% from rollover acquisition revenue [16] - Management highlighted the importance of integrating acquisitions quickly to realize margin expansion opportunities [30][95] Other Important Information - The company completed eight acquisitions year-to-date, adding approximately $105 million in annualized revenue, with a pending acquisition expected to close at the beginning of 2026 [6][21] - The company is focused on improving operational efficiencies through automation and system consolidation [20][41] Q&A Session Summary Question: Concerns about long-term margin trajectory - Management indicated that while margins are down slightly year-to-date, they expect significant multi-year margin expansion opportunities from acquisitions [30][32] Question: Clarification on synergy capture in the Mid-Atlantic - Management confirmed that the $5 million savings expected in 2026 does not include pricing or margin lift, as they are still in the budgeting process [36][38] Question: Internalization of landfill volumes - Management noted that internalization of volumes from acquisitions is a key focus and has been yielding positive results [48] Question: Timeline for Mid-Atlantic billing system - Management expects to complete the billing system integration by the end of Q1 2026, which will enable better pricing and operational efficiencies [66][68] Question: Pricing evolution in the Mid-Atlantic - Management stated that pricing strategies will evolve as they integrate systems and optimize routes, but it may take several years to fully realize the potential [80] Question: Impact of Mountain State Waste acquisition timing - Management clarified that the delay in the Mountain State Waste acquisition is due to normal regulatory processes and does not indicate any issues [83] Question: Confidence in landfill permitting processes - Management expressed confidence in successfully obtaining permits for landfill expansions, citing their strong track record in the Northeast [101][102]