Sensata Fourth Quarter and Full Year 2025 Earnings Presentation February 19, 2026 1 | SENSATA Q4 AND FY25 EARNINGS PRESENTATION Forward-Looking Statements and Non-GAAP Measures Safe Harbor Statement This presentation includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by terminology such as "may," "will," "could," "should," "expect," "anticipate," "believe," "estimate," "predict," "project," "for ...

Veteran fintech company Global Payments (NYSE: GPN) put a bow on its 2025 Wednesday. The company released its final set of earnings for the year, and on an earnings beat in its fourth quarter and encouraging guidance, it pleased Mr. Market. Investors reacted by pushing the stock's price up by almost 17% that day. A bottom-line beat and a big share buyback plan For the quarter, Global Payments booked net revenue not in accordance with generally accepted accounting principles (GAAP) of $2.32 billion. That ...

Core Insights - PepsiCo is the world's largest convenience food and beverage company with over $90 billion in revenue [1] Company Strategy - PepsiCo is undergoing a transformation journey aimed at enhancing its competitiveness and financial performance [1] - The company is refreshing its existing portfolio, which includes brands like Lay's, Tostitos, Gatorade, and Quaker [1] - PepsiCo is introducing an expansive slate of innovation and sharper affordability initiatives within its North American food business [1]

Core Insights - FTI Consulting has appointed Scott Davidson as a Senior Managing Director in the Aviation Business Transformation practice, enhancing its capabilities in the aviation sector [1][4] Group 1: Appointment and Expertise - Scott Davidson brings nearly two decades of experience in advising airlines, aviation service providers, and manufacturers on strategic and operational challenges [2] - His expertise includes airline technical operations, ground operations, crew management, fleet planning, network planning, procurement support, product development, and revenue management [2] Group 2: Role and Responsibilities - In his new role, Davidson will assist clients in implementing sustainable business plans through profit transformations, restructuring, and capital investment [3] - He will focus on enhancing operational resilience, financial performance, and customer experience by leveraging emerging technologies [3] Group 3: Company Overview - FTI Consulting is a leading global expert firm specializing in crisis and transformation, with over 8,100 employees in 32 countries as of September 30, 2025 [5] - The company generated $3.70 billion in revenues during fiscal year 2024 [5]

Core Viewpoint - Treasury Wine Estates reported significant half-year losses primarily due to a non-cash impairment charge related to its US operations, leading to a suspension of its planned dividend [1][2]. Financial Performance - The company recorded a non-cash impairment charge of A$987.6 million (US$699.5 million) pre-tax, which included a A$676.1 million write-down to goodwill, A$257.3 million related to its Sterling and Beringer brands, and A$54.2 million linked to inventory [2]. - For the six months ending December, Treasury posted a net loss after tax of A$649.4 million, compared to a loss of A$394.4 million in the same period the previous year [2]. - The first-half EBITS (earnings before interest, tax, self-generating and regenerating assets, plus material items) was A$236.4 million, reflecting a 40.3% decline year-on-year [3]. Revenue and Sales - Net sales revenue decreased by 16% to just under A$1.3 billion, with a 16.6% decline on a constant-currency basis [4]. - The Treasury Americas business experienced a 28.4% drop in revenue to A$283 million, attributed to softer market conditions in the US and distribution issues in California [7]. Strategic Initiatives - CEO Sam Fischer emphasized the company's commitment to a transformation program called TWE Ascent, aimed at enhancing product offerings, simplifying the organization, and optimizing costs [5][6]. - The company is focused on building a stronger, more resilient business for sustainable, profitable growth, with positive indications of key brands performing well in the marketplace [5][7].

Core Insights - Flowers Foods is focusing on revitalizing demand for its largest brand, Nature's Own, particularly in the traditional loaf category, which has been identified as a central challenge for the company [1][4] - The company is undergoing a comprehensive review of its operations, including brand portfolio optimization, supply chain efficiency, and financial strategy, to restore top-line growth and expand margins [4][11] - Management expects continued pressure in the bread category for 2026, with an anticipated decline of 4% in the category and additional challenges from inflationary costs and increased brand spending [5][8] Brand and Portfolio Strategy - The company is evaluating its brand portfolio comprehensively, considering options such as additional investments, SKU rationalization, and potential divestitures, although no concrete plans are currently in place [2][3] - Management described the brand optimization effort as a multi-year process, indicating that updates will be provided as progress is made [2] Market Dynamics - The market is shifting towards premium and differentiated offerings, with consumers gravitating towards lower-priced branded products rather than private labels [6] - Small loaves are seen as a structural opportunity due to demographic shifts, such as smaller households and a desire to reduce food waste [7] Financial Outlook - The company finished fiscal 2025 at the high end of its guidance range but anticipates ongoing challenges in 2026, including a one-week headwind and inflationary pressures [5][8] - Management is reviewing capital allocation and dividend commitments in light of the 2026 outlook, emphasizing the need for a strategic evaluation before making changes [11][12] Operational Efficiency - The company is focused on enhancing supply chain efficiency and evaluating brand support to identify areas for additional investment [3][4] - Management has strategically reduced promotions in the fourth quarter, planning to return to a more normalized promotional cadence in the new year [10] Simple Mills Performance - Despite fourth-quarter sales timing disruptions, the company remains optimistic about Simple Mills, expecting double-digit top-line growth in 2026 driven by innovation [15][16] - Margin pressure for Simple Mills is attributed to rising almond flour costs and tariffs, alongside ongoing brand investments [16]

Financial Data and Key Metrics Changes - Consolidated revenue for Q3 was CAD 1.25 billion, a 2% increase year-over-year [16] - Adjusted Segment Operating Income rose to CAD 195.8 million, up 3% from CAD 190 million in the same quarter last year [16] - Adjusted EPS increased to CAD 0.34, compared to CAD 0.29 a year ago [16] - Net finance expense decreased to CAD 54.1 million from CAD 56.6 million in the previous year [17] - Free cash flow was CAD 411.3 million, slightly above CAD 409.8 million recorded in the same quarter last year [18] - Capital expenditures totaled CAD 50.6 million, with expectations for full-year CapEx to be over 10% lower than last year [18] Business Line Data and Key Metrics Changes - In the civil segment, revenue decreased by 5% year-over-year to CAD 717.2 million, with adjusted operating income down 6% to CAD 141.8 million [19] - Training Center Utilization in the civil segment was 71%, down from 76% in the prior year [20] - In the defense segment, revenue increased by 14% year-over-year to CAD 534.9 million, with adjusted segment operating income rising 38% to CAD 54 million, achieving a margin of 10.1% [20] Market Data and Key Metrics Changes - The civil aviation market is expected to grow at 4%-5% annually over the long term, despite current disruptions [52] - The defense segment is also projected to grow at a similar rate, supported by increased defense spending across allied nations [32] Company Strategy and Development Direction - The company is implementing a multi-pronged transformation plan focusing on portfolio sharpening, disciplined capital management, and operational excellence [5][12] - The transformation plan aims to improve margins, cash flow, and returns on investment, with specific targets to be shared in the next quarter [7][35] - The company is rationalizing its civil training network to align capacity with current demand, which may have a near-term revenue impact [30][39] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the softness in the civil business but remains optimistic about the defense segment's performance [5][30] - The company expects the fourth quarter to be the strongest of the year in the civil segment, despite a mid-single-digit percentage decline in annual adjusted segment operating income [30] - Long-term fundamentals in aviation remain strong, with significant backlogs reported by major OEMs [31][32] Other Important Information - The company has identified non-core assets representing approximately 8% of revenue for potential divestiture [36] - Recent leadership changes include the appointment of Ryan McLeod as Chief Financial Officer, expected to enhance operational finance and capital discipline [13] Q&A Session Summary Question: Long-term perspective on civil business returns - Management indicated that the civil business could generate solid mid-teen returns over the long term, with a focus on improving utilization and profitability [50][54] Question: Conversations with civil customers regarding network rationalization - Initial conversations with civil customers have been positive, focusing on resizing the network to meet current demand [58][59] Question: Nature of identified non-core assets - Non-core assets are present in both civil and defense segments, with the intention to divest those that do not align with the company's strategic focus [66] Question: Outlook for civil aviation training demand - Management noted that while current demand is softer than expected, the long-term growth trajectory remains at 4%-5% annually [72][74] Question: Timing of potential divestitures - Management emphasized a cautious approach to divestitures, indicating that the process could take 18-24 months [75][76] Question: Defense segment margin improvements - The defense segment's margin improvements are attributed to better contract mix and cost controls, with expectations for continued growth [80]

This story was originally published on C-Store Dive. To receive daily news and insights, subscribe to our free daily C-Store Dive newsletter. Dive Brief: Arko has taken its wholesale fuel distribution business public in an IPO that raised around $200 million, the company announced this week. Arie Kotler, Arko’s president, chairman and CEO, rang the opening bell on Thursday at the Nasdaq MarketSite in New York City to commence the IPO for Arko Petroleum Corp., which now operates separately from Arko’s c- ...

Over the past several quarters, Angi Inc. ( ANGI ) has embarked on a business transformation aimed at fundamentally reshaping how it matches customers with service professionals (or Pros). A key change involved giving customers the option toAn individual investor primarily focused on undercovered companies, with up to 100 companies on my watchlist. My areas include technology, software, electronics and the energy transition. I have been investing my personal capital for over 7 years in a broad range of comp ...

Core Insights - Angi Inc. is undergoing a significant business transformation to improve the way it connects customers with service professionals [1] Group 1: Business Transformation - The company has implemented changes that allow customers to have more options in selecting service professionals [1]