Insteel Industries, Inc. (IIIN) and Atkore Inc. (ATKR) are two prominent names operating in the wire and cable products industry. As rivals, the companies are engaged in providing steel wire reinforcing, metal framing and fittings and other infrastructure products and solutions to the non-residential and residential construction markets. Both companies are poised to benefit from significant growth opportunities in the construction sector, driven by the resiliency of repair and remodelling activity. Let’s ta ...

Company Overview - GoDaddy has evolved from a domain registration business to a comprehensive service provider for micro businesses, offering IT services that enhance efficiency and competitiveness [22][23]. - The company has reported a 17% sales growth in its applications and commerce segment, which now constitutes about one-third of its revenue [22]. Capital Allocation Strategy - GoDaddy has executed a stock repurchase program, buying back $4 billion worth of stock since 2022, which has reduced its fully diluted share count by 25% [27]. - The company has a new $3 billion stock repurchase authorization plan, reflecting its commitment to returning value to shareholders through buybacks rather than dividends [27]. Financial Performance - Since its IPO, GoDaddy has outperformed the S&P 500 with a compound annual growth rate (CAGR) of 25%, compared to the S&P 500's 12% and Nasdaq's 16% [28]. - The company has expanded its normalized EBITDA margins by 900 basis points over five years while maintaining a CAGR of 20% in free cash flow per share [27]. Market Position and Growth - GoDaddy's business model focuses on maximizing free cash flow per share, which is considered its "North Star" [28][29]. - The company has a strong customer retention rate, with 90% of its revenue coming from existing customers, indicating a durable and predictable business model [29]. Competitive Differentiation - GoDaddy differentiates itself from competitors like Shopify by offering a seamless experience that combines multiple functionalities into one application, making it easier for micro businesses to manage their operations [26]. - The company emphasizes cost-effectiveness and efficiency, allowing customers to set up their businesses quickly and manage them with minimal complexity [26].

Unilever TodayULUnilever$60.66 -0.11 (-0.18%) 52-Week Range$53.50▼$65.87Dividend Yield3.40%P/E Ratio17.38Price Target$69.50Add to WatchlistUnilever NYSE: UL has the leverage for its stock price to hit new highs in 2025, at least according to the analysts' sentiment trends. Those trends include significantly increased coverage since the lows of 2023, firming sentiment with MarketBeat’s reported consensus up to Moderate Buy from Reduce compared to last year, and a rising price target.  The price target is mo ...

Financial Data and Key Metrics Changes - Revenue for Q1 2025 was $193 million, with EBITDA of $20 million, meeting expectations [16] - Orders increased by 6% to $201 million, resulting in a book-to-bill ratio of 104% [16] - Free cash flow generated in Q1 was $7 million, three times higher than the same quarter last year, marking the seventh consecutive quarter of positive free cash flow [21][22] Business Line Data and Key Metrics Changes - The Drilling and Completion segment saw a revenue increase of $5 million, driven by a rebound in sales of completions-related consumables and capital equipment [17] - The artificial lift and downhole segment experienced a revenue decline due to unfavorable product mix and softer demand for Veraperm products [18] - The Valve Solutions product line faced negative headwinds due to tariffs impacting demand, leading to a buyer strike and reduced orders [19] Market Data and Key Metrics Changes - Oil prices have declined significantly, hovering near four-year lows, which may lead to a reduction in global rig count in the second half of the year [8] - The company anticipates a modest 2% to 5% decline in global drilling and completions activity for the full year [13] - Despite market uncertainty, operators have not materially deviated from their plans, with expectations for flat quarter-over-quarter results in Q2 [20] Company Strategy and Development Direction - The company is focusing on mitigating tariff impacts, optimizing the supply chain, and reducing costs and inventory [9] - Plans include increasing assembly activities in Saudi Arabia and Canada to efficiently serve global markets [10] - The company aims to utilize 50% of free cash flow for debt reduction and the remaining for strategic investments, including share repurchases [24] Management's Comments on Operating Environment and Future Outlook - Management expressed concerns about the economic uncertainty due to U.S. trade policies and OPEC's supply growth, which could pressure commodity prices [7] - The company remains confident in its ability to generate free cash flow and maintain a strong balance sheet, with no debt maturities until 2028 [23] - Long-term growth potential is viewed positively, driven by increasing energy demand due to population growth and economic expansion [28] Other Important Information - The company has strategically de-risked its supply chain to minimize dependence on specific countries [11] - A focus on expense and inventory management has led to the highest level of free cash flow in nearly a decade in 2024 [12] Q&A Session Summary Question: Subsea bookings and product adoption - Management highlighted a 60% quarter-over-quarter increase in subsea bookings due to customer adoption of new products, with strong demand for remote-operated vehicles [34][35] Question: Strength in drilling completion orders - The increase in orders for stimulation-related equipment was attributed to a rebound from low purchase levels at the end of the previous year, with crews working more efficiently [36][38] Question: Share repurchases and leverage ratio - Management clarified that share repurchases were executed despite ending the quarter slightly above the 1.5 leverage ratio, with plans to continue as cash flows allow [44][45] Question: Cost reduction efforts - The company is targeting $10 million in annualized cost reductions, with some benefits expected in Q2 and more in Q3 [46][47] Question: Customer behavior regarding pricing and tariffs - Management noted that customers are currently hesitant to purchase due to high prices and tariff uncertainty, leading to a buyer strike [51][52] Question: Seasonal impacts in Canada for Veraperm - Management indicated that the challenges faced by Veraperm in Canada are temporary and linked to customer and product mix, with expectations for improvement in the second half of the year [60][61] Question: Geographical diversification benefits - The company is leveraging its geographical diversification to mitigate tariff impacts and optimize manufacturing processes [74][75]

Financial Data and Key Metrics Changes - Home closings revenue for Q1 2025 increased 11.8% year over year to $495 million, a record for any first quarter in company history [6][17] - Net income attributable to the company decreased 9.9% year over year to $75 million, with diluted EPS down 8.2% to $1.67 per share [7][19] - Book value grew 25% year over year to $37.09 per share [7] - Net new home orders increased 3.3% year over year to 1,106, setting a new company record [19] - Homebuilding gross margin was 31.2%, down 20 basis points year over year, but still the highest among public homebuilding peers [18] Business Line Data and Key Metrics Changes - Trophy brand represented 54% of total deliveries and 40% of total home closings revenue in Q1 2025 [18] - Average sales price (ASP) for new orders decreased 6.3% to $537,000, with Trophy representing a larger share of units [20] - Total homes under construction increased 2.8% to 2,296, with a decrease in the percentage of Beck homes under construction [21] Market Data and Key Metrics Changes - Approximately 80% of home closings revenue was generated from infill and infill adjacent submarkets [10] - The company maintained a low cancellation rate of 6.1%, the lowest among public homebuilding peers [21] - The average FICO score for homebuyers using the company's mortgage services was 741, with a debt-to-income ratio of 40% [29] Company Strategy and Development Direction - The company focuses on self-development and strategic land acquisition to avoid high costs associated with land banking [6][10] - The company plans to invest approximately $300 million in land development during the year, with a healthy land pipeline [30] - The company aims to expand its Trophy brand in Houston, the largest home building market in the U.S. [33] Management's Comments on Operating Environment and Future Outlook - Management acknowledged economic uncertainties impacting the market but expressed confidence in the company's core strengths to navigate challenges [8][15] - The company anticipates continued demand driven by household formation among millennials and Gen Z, despite a housing market undersupplied by an estimated 4 to 7 million units [15] - Management remains optimistic about long-term market fundamentals and the company's ability to outperform peers [34] Other Important Information - The company repurchased $38.3 million of its stock through April 2025, with a board authorization of $100 million for share buybacks [14] - The total debt to capital ratio stood at 14.5%, with net debt to total capital at 9.8%, indicating a strong balance sheet [22] Q&A Session Summary Question: What has been observed in April regarding tariffs and sales incentives? - Management noted minimal impact from tariffs so far, viewing them as a wildcard in the industry [37] - Sales incentives for the Trophy brand were in line with overall company incentives, with variations based on market location [39] Question: Are there signs of changes in the land market? - Management indicated some fluidity in the land market, with public builders walking away from less desirable lots [42] - The company is receiving offers for lots that are difficult to move in the current market [43] Question: How does the company decide on capital allocation between buybacks and land investments? - Management explained that stock repurchases can be lumpier due to ongoing complex land deals, which may affect timing [48] - The company is pursuing larger master plan communities that require significant capital deployment [50]

Financial Data and Key Metrics Changes - Net revenue for Q1 2025 reached CAD 205 million, a 3.6% increase compared to Q1 2024, driven by a combined cannabis business growth of 16.8% [12][16] - Gross profit increased by CAD 6.2 million or 12.4% year over year, resulting in a gross margin improvement to 27.6% [12][13] - Free cash flow was marginally negative at CAD -1.1 million, representing a CAD 5.3 million improvement compared to the same period in 2024 [13][15] Business Line Data and Key Metrics Changes - Liquor Retail segment recorded net revenue of CAD 109.5 million, reflecting a 5.7% decline year over year, impacted by one less day in February and Easter timing [16][17] - Cannabis Retail achieved net revenue of CAD 77.5 million, an 8.7% increase compared to the prior year, driven by a 5.2% increase in same-store sales [17][18] - Cannabis Operations segment reported net revenue of CAD 34.3 million, a 53% growth compared to the prior year, including CAD 10.2 million from the Indiva acquisition [19][20] Market Data and Key Metrics Changes - The cannabis segments continued to show strong momentum, achieving steady year-on-year revenue gains for the thirteenth consecutive quarter [4][5] - The company gained 0.3 percentage points of year-on-year market share in the cannabis retail segment [21][22] Company Strategy and Development Direction - The company is focused on three strategic pillars: growth, profitability, and people, with a commitment to expanding its cannabis retail footprint [21][25] - A formal strategic review has been initiated to evaluate the company's exposure to U.S. multistate licensed cannabis enterprises and current exchange listing status [6][9] - The acquisition of One Centimeters is expected to close by the end of Q3 2025, enhancing the company's retail presence [22] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding potential excise tax reforms in Canada but does not expect material changes in the near term [46][47] - The company is not experiencing material disruptions from trade disputes, with only 5% of liquor sales coming from U.S. products [49][50] Other Important Information - The restructuring program is on track, delivering CAD 4 million in savings during Q1, corresponding to an annualized run rate of CAD 17 million [24][25] - The company is committed to investing in employee development and enhancing engagement through various initiatives [25][26] Q&A Session Summary Question: Strategy for entering the U.S. market - Management clarified that no decision has been made regarding entering the U.S. market, but existing capital exposure could facilitate entry [31][32] Question: M&A outlook for cannabis retail - Management confirmed active evaluation of both organic and inorganic growth opportunities in the Canadian retail network [35][36] Question: Rollout of loyalty program in retail - The loyalty program aims to enhance communication with consumers and provide value, with potential expansion across different product lines [40][41] Question: Insights on regulatory recommendations post-elections - Management expressed cautious optimism about regulatory reforms but does not expect significant changes in excise tax rates soon [46][47]

McDonald’s NYSE: MCD insiders are selling shares of this in 2025, but investors should do the opposite. The Insider selling is inconsequential despite its broad nature due to the company’s use of share-based compensation and insider selling trends. MCD insiders, including numerous EVPs, presidents, the CMO, the CEO, and directors, have sold shares in small, regularly spaced amounts over the past two to three years as they take money earned off the table.  MarketBeat tracks insider sales in 2025, which amoun ...

Everest Group (EG) Q1 2025 Earnings Call May 01, 2025 08:00 AM ET Company Participants Matthew Rohrmann - Senior VP & Head of Investor RelationsJim Williamson - President & CEOMark Kociancic - EVP & CFOAndrew Andersen - Equity Research Vice PresidentC. Gregory Peters - Managing Director - InsuranceMeyer Shields - Managing DirectorElyse Greenspan - Managing DirectorBrian Meredith - Managing Director Conference Call Participants Alex Scott - Equity Research AnalystJoshua Shanker - Managing Director & Equity A ...

Core Insights - Domino's Pizza is facing challenges in 2025 but shows potential for growth through its "Hungry for MORE" strategy, with reaffirmed guidance indicating strength in the latter half of the year [3][9]. Financial Performance - Q1 net revenue reached $1.11 billion, reflecting a 2.5% increase driven by a 2.3% rise in global retail sales [10]. - U.S. comparable store sales decreased by 0.5%, but this was offset by a 3.7% increase in international sales on a foreign exchange neutral basis [10]. - System-wide comparable sales increased by 4.7% on an FX-neutral basis, indicating market share growth [11]. - GAAP earnings rose nearly 21% to $4.33, supported by a reduced share count [13]. Strategic Initiatives - The launch of the Parmesan Stuffed Crust Pizza is noted as the most successful in the company's history, expected to significantly boost delivery orders through a new partnership with DoorDash [4]. - Share buybacks totaled $50 million in Q1, reducing the share count by 1.6% year-over-year, with a remaining authorization of $764 million [14]. Analyst Sentiment - Analysts have mixed reactions, with a consensus price target of just over $515, reflecting a 3% increase from prior estimates [5]. - The high-end price forecast has been raised to $560/$565, suggesting potential for a new multi-year high [6]. - Institutional ownership stands at approximately 95%, providing a bullish outlook as institutions continue to buy shares [8]. Market Outlook - Despite headwinds such as foreign exchange conversion and a reduced store count, the company is expected to leverage its strengths in international markets [10]. - The macroeconomic outlook remains uncertain, which may influence short-seller behavior [9].

"We are about to take a historic step by becoming Artea in early May. This is more than just a new name. It is a strategic initiative to strengthen our relationship with private and corporate clients, the public and investors, and to become the first choice bank for customers in Lithuania. We are fully focused on this important strategic change from the beginning of the year, which we believe will support long-term business. Our first quarter were in line with our market guidance," says Vytautas Sinius, Chi ...