Carter's (NYSE:CRI) Q4 2025 Earnings call February 27, 2026 08:30 AM ET Speaker6Welcome to Carter's fourth quarter fiscal 2025 earnings conference call. On the call are Doug Palladini, Chief Executive Officer and President, Richard Westenberger, Chief Financial Officer and Chief Operating Officer, and Sean McHugh, Treasurer. Please note that today's call is being recorded. I'll now turn the call over to Mr. McHugh.Speaker9Thank you. Good morning, everyone. We issued our fourth quarter 2025 earnings release ...

Standard Motor Products (NYSE:SMP) Q4 2025 Earnings call February 26, 2026 11:00 AM ET Company ParticipantsBret Jordan - Managing DirectorEric Sills - Chairman and CEONathan Iles - CFOTony Cristello - VP of Investor RelationsConference Call ParticipantsScott Stember - Managing Director and Senior Research AnalystOperatorGood day, everyone, and welcome to the Standard Motor Products fourth quarter 2025 earnings call. At this time, all participants are in a listen-only mode. Later, you will have the opportuni ...

Financial Data and Key Metrics Changes - The company's top line grew by over 12% in Q4 and over 22% for the year, with a 4% increase excluding the Nissens acquisition [4][20] - Consolidated sales increased by 12.2% in Q4, and adjusted EBITDA increased to 9.7% of net sales [20] - Non-GAAP diluted earnings per share rose by 19.1% in Q4 and 26.8% for the full year [21] Business Line Data and Key Metrics Changes - Vehicle Control sales were up 3.3% in Q4, with a decline in wire sets impacting overall performance [14][5] - Temperature Control segment saw net sales increase by 5.9% in Q4, with full-year sales up more than 12% [16][6] - Nissens Automotive contributed $64 million in Q4 and $305 million for the year, with mid-single-digit increases in local currency [9][18] - Engineered Solutions segment sales increased by 6.3% in Q4, with adjusted EBITDA up 9.6% [19] Market Data and Key Metrics Changes - Nissens performed well in Eastern and Southern Europe, outperforming other regions despite a general market softening [9] - The North American aftermarket continues to show stability and resilience, with non-discretionary product categories less impacted by consumer sentiment [28] Company Strategy and Development Direction - The company is focused on diversifying its business with new product categories and geographic expansion, particularly through the Nissens acquisition [28][29] - There is an emphasis on seeking synergies between Nissens and existing operations, including cross-selling opportunities and cost savings [10][40] - The company aims to maintain a leverage ratio of 2x EBITDA by the end of 2026 [22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued momentum despite a challenging economic environment, citing strong performance and structural advantages [28] - The outlook for 2026 anticipates low to mid-single-digit sales growth, driven by stable market conditions [23][24] - Management noted ongoing complexities in the supply chain but believes the company can navigate these challenges effectively [30] Other Important Information - The company identified a material weakness in internal controls over financial reporting at the Nissens segment, but this did not result in errors in financial statements [19] - Cash generated from operations for the full year was $57.4 million, down from the previous year due to increased inventory [21] Q&A Session Summary Question: Vehicle Control sell-through performance - Management confirmed that sell-through was consistent throughout the year, with mid-single-digit growth [34] Question: Growth in Vehicle Control outside of wire - Management highlighted growth opportunities in various categories, including conventional engines and safety-related products [36] Question: Synergies from Nissens acquisition - Management discussed ongoing initiatives to identify gaps in product categories and expand offerings, with a focus on cost savings [40] Question: Timing of remediation for internal control issues - Management stated that progress is being made on remediation efforts and will provide updates as necessary [43] Question: Retail inventory in Temperature Control products - Management indicated that retail inventories are up slightly but in line with sales growth, ensuring readiness for the cooling season [49] Question: Private label opportunities in Europe - Management acknowledged existing private label programs and expressed willingness to capitalize on successful partnerships [52] Question: Tariff outcomes and potential rebates - Management noted uncertainty regarding tariff refunds and indicated that they are monitoring the situation closely [53]

Acushnet (NYSE:GOLF) Q4 2025 Earnings call February 26, 2026 08:30 AM ET Company ParticipantsAmanda Douglas - VP of Equity ResearchCameron Vollmer - Director of Investor RelationsDavid Maher - President and CEODoug Lane - Head of Consumer ProductsJP Wollam - Equity Research AssociateLauren Ng - Equity Research AssociateSean Sullivan - EVP and CFOConference Call ParticipantsJoe Altobello - Managing Director and Senior Equity AnalystNoah Zatzkin - VP and Equity Research AnalystRandy Konik - Managing Director ...

Inter Parfums (NasdaqGS:IPAR) Q4 2025 Earnings call February 25, 2026 11:00 AM ET Company ParticipantsAron Adamski - AssociateDevin Sullivan - Managing DirectorHamed Khorsand - Principal and Director of ResearchJean Madar - Chairman and CEOMichel Atwood - CFOConference Call ParticipantsSusan Anderson - Managing Director and Senior AnalystSydney Wagner - Consumer Equity Research AnalystOperatorGreetings, welcome to the Inter Parfums Fourth Quarter 2025 Conference Call and webcast. At this time, all participa ...

Rocky Brands (NasdaqGS:RCKY) Q4 2025 Earnings call February 24, 2026 04:30 PM ET Speaker4Good afternoon, ladies and gentlemen, thank you for standing by. Welcome to the Rocky Brands Fourth Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode. Following the presentation, we will conduct a question-and-answer session. Instructions will be provided at that time for you to queue for questions. If anyone has any difficulties hearing the conference, please press *0 for o ...

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%, aligning with 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 Prepared 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 significant recovery after two years of underinvestment, contributing to overall 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 has begun assessing the potential impact of recent Supreme Court news on tariffs for 2026 [13] - The upcoming Investor Day is scheduled for March 26, where further details on strategic growth priorities will be provided [17] Q&A Session Summary Question: Order dynamics in the fourth quarter - Management noted that poultry remains the leader across all categories, with expectations for a recovery in AGV as they move into 2026 [22] Question: Synergies between R&D and SG&A - Synergy savings were predominantly in SG&A, with no specific guidance provided for R&D and SG&A for 2026 [24] Question: Top-line growth differentiation for 2026 - Revenue growth for Protein Solutions is expected to be at the higher end of the 5%-7% range, while Prepared Food and Beverage is anticipated at the lower end [36] Question: Tariff impacts and pricing strategies - Management indicated that they have included some mitigation on pricing in their forecast, expecting a net negative impact of 25 to 50 basis points for the full year [41] Question: Sales synergies for 2025 and guidance for 2026 - The company is ahead of pace on original synergy targets, with $30 million captured in 2025 and expectations to provide updated guidance at the Investor Day [60]

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 solid demand and successful backlog conversion [9] - Adjusted earnings per share for 2025 was $6.41, representing an increase from $6.15 in 2024, marking first-year earnings accretion [12] - Consolidated adjusted EBITDA was $600 million, with a margin of 15.8%, aligning with guidance [10] - The leverage ratio improved to less than 2.9 times by year-end 2025, down from just below 4 times at the transaction's completion [12] 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 [10] - Adjusted EBITDA margin for Protein Solutions was 20.1%, and for Prepared Food and Beverage Solutions, it was 17.2% [10] - The company captured $30 million in order synergies for the full year, with over half realized in the fourth quarter [7] Market Data and Key Metrics Changes - Full-year orders totaled $3.8 billion, with more than $1 billion in the fourth quarter, primarily driven by strong demand in the poultry market [5] - The poultry sector showed significant recovery after two years of underinvestment, contributing to overall growth [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 [18] - The company aims to achieve $150 million in run rate synergy savings by the end of 2027 [11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the continued investment momentum in the poultry equipment demand into 2026 [18] - The company is optimistic about revenue growth, margins, and earnings for 2026, projecting a revenue growth of 5%-7% [13] - The impact of tariffs is anticipated to be a challenge, with an estimated drag of approximately 50 basis points on adjusted EBITDA margins in 2025 [11] Other Important Information - The company will provide further details on strategic growth priorities and financial targets at the upcoming Investor Day on March 26 [18] - The company is focused on completing the integration of JBT and Marel, with a strong emphasis on enhancing customer value propositions [19] Q&A Session Summary Question: What end markets stood out in the fourth quarter? - Poultry remained the leader across all categories, followed by beverages, with meat and fish also showing support [22][23] Question: Can you provide expectations for R&D and SG&A for 2026? - Synergy savings were predominantly in SG&A, with R&D harmonization planned for better accounting treatment [25][28] Question: How is the company thinking about top-line growth for 2026? - 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 [37] Question: What are the expectations for sales synergies in 2026? - The company is ahead of pace on the original $75 million cumulative revenue synergies by 2027, with further guidance to be provided at the Investor Day [60][61]

What the Tracker Is: What We Disseminate Weekly: High frequency data to help assess the ongoing impact of tariffs on global supply chains and the accompanying ramifications on the flows of freight (e.g., expected ships leaving from China to USA). While we think our data set is representative, we do plan to periodically add new data series as they become available. It is important to recognize that weekly data can be volatile, with a fair bit of noise depending on timing – but we still think looking at the d ...

Financial Data and Key Metrics Changes - In Q4 2025, sales reached $3 billion, a 5% increase year-over-year and a 1% increase sequentially, driven by resilient sales to rig direct customers in the U.S. and Canada [3] - EBITDA for the quarter was $717 million, down 5% sequentially, representing 24% of sales, impacted by 50% Section 232 tariffs in the U.S. [3] - The net cash position decreased to $3.3 billion due to a $300 million interim dividend, $537 million in share buybacks, and $123 million in capital expenditures [4] - Free cash flow for the year was $2 billion, fully distributed to shareholders through dividends and buybacks [6] Business Line Data and Key Metrics Changes - Average selling prices in the tube operating segment decreased by 1% year-over-year and were flat sequentially [3] - The U.S. production and supply chain system achieved a record level of production, with 90% of U.S. sales coming from enhanced operational efficiency [8] Market Data and Key Metrics Changes - In the U.S. and Canada, the oil and gas industry saw consolidation and productivity improvements, with a lower rig count impacting operations [7] - In Latin America, domestic companies raised over $4 billion for infrastructure and production expansion in the Vaca Muerta fields, while in Venezuela, services to Chevron resumed [11] - The Middle East saw a long-term agreement for OCTG supply to Qatar and enhanced Rig Direct services in the UAE, with a focus on reducing environmental impact [12][13] Company Strategy and Development Direction - Tenaris aims to enhance its operational efficiency and digital integration while reducing environmental impact, with a commitment to sustainability [13] - The company is focusing on offshore projects and expects to renew its order backlog as new projects are sanctioned globally [10] - The strategy includes increasing the annual dividend by 7% and maintaining a strong cash position to support shareholder returns [5][6] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in a stable performance for Q1 2026, with no immediate disruptions expected [18] - The geopolitical environment and energy market volatility make medium-term forecasts challenging, but a stable margin and top-line performance are anticipated [19] - The company is monitoring pricing pressures in international markets, particularly in premium products, while maintaining a stable pricing outlook [27][29] Other Important Information - The company is investing in expanding its fracking and coil tubing services in Argentina, anticipating increased drilling activity by the end of 2026 [11][19] - Tenaris is positioned to benefit from potential increases in offshore investments, with significant projected investments in deepwater projects for 2027 [55][56] Q&A Session Summary Question: Outlook for Q1 and beyond - Management indicated a stable performance in Q1 2026, with results expected to be in line with Q4 2025 [18] Question: Impact of tariffs on margins - Management noted ongoing efficiency improvements and a slight reduction in tariff impacts expected in Q1 2026 [21] Question: Pricing pressure in international markets - Management observed stability in premium product pricing, with some pressure in lower-end applications [27] Question: Buyback program philosophy - The buyback program remains a key component of shareholder returns, with decisions pending on future tranches [32] Question: Argentina's drilling activity - Management expects increased drilling activity in Argentina in the second half of 2026, driven by improved investment confidence [42] Question: Venezuela opportunities - Short-term revenue potential in Venezuela is estimated at $50 million for 2026, with expectations for growth as more companies resume operations [87]