F O U R T H Q U A R T E R & F I S C A L Y E A R 2 0 2 5 B U S I N E S S U P D A T E F E B R U A R Y 2 7 , 2 0 2 6 F O U R T H Q U A R T E R 2 0 2 5 R E S U L T S G A A P B A S I S | $ in millions, except EPS | Q4 2025 | % of | Q4 2024 | % of | | | --- | --- | --- | --- | --- | --- | | | (14 weeks) | Net Sales | (13 weeks) | Net Sales | Change | | Net sales | $925 | | $860 | | 8% | | Gross profit | 400 | 43.2% | 411 | 47.8% | (3%) | | Royalty income, net | 4 | 0.4% | 4 | 0.5% | (5%) | | SG&A | 320 | 34.5% | ...

Management successfully strengthened the balance sheet, reducing net debt by $81 million and achieving a 2.0x bank-defined leverage ratio to provide future financial flexibility.Sweaty Betty's sequential quarterly improvement reflects a strategic reset to prioritize its U.K. home market while transitioning the U.S. business to a more premium, less promotional model.The Wolverine brand's underperformance is attributed to a 'tired' product pipeline, now being addressed through trend-right Western work silhoue ...

For the full year, Olsen said net sales reached $2.13 billion, up 6% year over year, driven by strong demand in light duty during the first half and execution of tariff-related pricing initiatives in the second half. He added that while heavy-duty and specialty vehicle markets faced headwinds, teams executed commercialization initiatives during the year.On operations, Olsen said Dorman advanced productivity initiatives across the organization, including deploying automation technologies in distribution cent ...

Life Sciences and Diagnostics Group (LDG): revenue grew 3%, below expectations, with management citing the weather disruption and continued softness in academia and government affecting cell analysis and genomics.Elinoff said first-quarter non-GAAP gross margin was 53.7%, down 100 basis points year over year, “primarily due to tariff headwinds.” Non-GAAP operating margin was 24.6%, down 50 basis points, which management attributed to higher tariff expenses and normalized performance-based pay. Non-GAAP EPS ...

Our marketing team is amplifying these assortments with richer brand and product storytelling and an integrated, always-on, full-funnel strategy designed to deepen emotional connection with our key Gen Z and millennial consumers. Our marketing investments, combined with our trend-right product, are driving measurable brand heat. Online searches for Steve Madden increased 10% year over year in Q4 and have accelerated further early 2026. After revenue declines in Q2 and Q3, the Steve Madden brand returned to ...

Financial Data and Key Metrics Changes - The company achieved full-year consolidated revenue of $3.8 billion, exceeding the high end of guidance, driven by strong demand and successful backlog conversion [8] - Adjusted earnings per share for 2025 was $6.41, representing first-year earnings accretion compared to legacy JBT's 2024 adjusted earnings of $6.15 [11] - Consolidated adjusted EBITDA was $600 million, with a margin of 15.8%, at the midpoint of guidance [9] - The leverage ratio improved to less than 2.9 times by year-end 2025, down from just below 4 times at the transaction completion [11] Business Line Data and Key Metrics Changes - Revenue for the Protein Solutions segment was $1.7 billion, while the Prepared Food and Beverage Solutions segment generated $2.1 billion [9] - Adjusted EBITDA margin for Protein Solutions was 20.1%, and for Food and Beverage Solutions, it was 17.2% [9] - The company captured $30 million in order synergies for the full year, with more than half realized in the fourth quarter [7] Market Data and Key Metrics Changes - Full-year orders reached $3.8 billion, with over $1 billion in the fourth quarter, primarily driven by strong demand in the poultry market [5] - The poultry sector showed a sharp recovery after two years of underinvestment, contributing significantly to order strength [5] - Gains were observed across all regions in 2025, with poultry being a leading food category due to its affordability and health benefits [5] Company Strategy and Development Direction - The company plans to invest in strengthening its offerings and providing integrated solutions across key product lines [7] - Future growth is expected to be supported by continued investment momentum in the poultry industry and renewed investment in prepared foods [17] - The company aims to achieve $150 million in run rate synergy savings by the end of 2027 [10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the continued investment momentum in the poultry equipment demand into 2026 [17] - The impact of higher tariffs was acknowledged, with an estimated cost of approximately $43 million for the year, affecting adjusted EBITDA margins [10] - The company anticipates healthy year-over-year growth in revenue, margins, and earnings for 2026, with guidance for adjusted earnings per share of $8.00-$8.50 [14] Other Important Information - The company will provide further details on strategic growth priorities and financial targets at the upcoming Investor Day on March 26 [17] - The company is focused on completing the integration of JBT and Marel, with a strong emphasis on enhancing customer value propositions [46] Q&A Session Summary Question: What end markets stood out in the fourth quarter? - Management indicated that poultry remains the leader across all categories, followed by beverages, with expectations for a recovery in AGVs [21][22] Question: Can you provide expectations for R&D and SG&A for 2026? - Synergy savings were predominantly in SG&A, with R&D not specifically called out for synergies [24] Question: How do you differentiate top-line growth for 2026 between segments? - Overall revenue growth is guided at 5%-7%, with Protein Solutions expected to be at the higher end and Prepared Food and Beverage at the lower end [36] Question: What is the expected impact of tariffs on pricing? - Management expects to mitigate some tariff impacts through pricing actions, estimating a net negative benefit of 25 to 50 basis points for the full year [41] Question: What are the expectations for sales synergies in 2026? - The company is ahead of pace on original synergy targets, with $30 million captured in 2025 and expectations for continued growth in 2026 [60]

Key Takeaways Sonic Automotive posted Q4 EPS of $1.52, up 1%, while revenues slipped 1% to $3.87 billion.SAH faces high leverage, weak interest coverage and rising floor plan costs in 2026.EchoPark EBITDA is projected to fall in FY26 due to higher marketing and expansion costs.Sonic Automotive (SAH) , one of the leading automotive retailers in the United States, posted fourth-quarter 2025 adjusted earnings per share of $1.52, which increased 1% year over year. Total revenues declined 1% year over year to $3 ...

Key Takeaways Caterpillar reported Q4 2025 EPS of $5.16, up 0.4%, ending five straight quarters of declines.CAT faced 29% higher costs in Q4 2025, with tariffs hitting margins and gross margin down to 30.3%.Caterpillar sees 2026 revenue near the top of 5-7% CAGR but expects $2.6B tariff impact.Caterpillar Inc. (CAT) delivered fourth-quarter 2025 adjusted earnings per share of $5.16, reflecting a 0.4% year-over-year increase. While the growth was modest, it marked a turnaround for the global construction and ...

Sonic Automotive, Inc. Q4 2025 Earnings Call Summary - Moby Strategic Performance Drivers and Market Dynamics Record customer satisfaction and high-margin business lines, specifically F&I and fixed operations, now contribute over 75% of total franchise gross profit. New vehicle retail volume faced significant headwinds due to the pull-forward of EV demand prior to tax credit expirations and a high luxury comparison base from the prior year. Management attributes EchoPark's record adjusted EBITDA to ...

SONIC AUTOMOTIVE Investor Presentation | Fourth Quarter 2025 Updated February 18, 2026 Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events, are not historical facts and are based on our current expectations and assumptions regarding our business, the economy and other future conditions. These statements can generally be identified by lead-in words such as "may," ...