Core Viewpoint - Rockwell Automation, Inc. (ROK) is positioned as a leading player in industrial automation and digital transformation, with a market cap of $46.1 billion and is set to announce its fiscal Q1 earnings for 2026 soon [1] Financial Performance - Analysts anticipate ROK to report a profit of $2.48 per share for fiscal Q1 2026, reflecting a 35.5% increase from $1.83 per share in the same quarter last year [2] - For the full fiscal year 2026, ROK is expected to achieve a profit of $12.08 per share, which is a 14.7% increase from $10.53 per share in fiscal 2025, with further growth projected to $13.56 per share in fiscal 2027, representing a 12.3% year-over-year increase [3] Stock Performance - ROK's stock has increased by 51.5% over the past 52 weeks, significantly outperforming the S&P 500 Index's return of 19.7% and the State Street Industrial Select Sector SPDR ETF's increase of 24.2% during the same period [4] - Following the release of impressive Q4 earnings results, ROK shares rose by 2.7% on November 6, with total revenue increasing by 13.8% year-over-year to $2.3 billion, exceeding consensus expectations by 5% [5] Analyst Ratings - Wall Street analysts maintain a "Moderate Buy" rating for ROK, with 12 out of 24 analysts recommending "Strong Buy" and the remaining 12 suggesting "Hold" [6] - Although ROK is currently trading above its mean price target of $409.36, the highest price target of $470 indicates a potential upside of 13.5% from current levels [6]

Core Insights - The Western Union Company (NYSE: WU) is recognized as one of the 13 best dividend stocks, offering a yield over 6% [1] - Keefe Bruyette raised its price target for Western Union from $9 to $10, maintaining a Market Perform rating, reflecting a broader update in the payments sector rather than a specific change in the company's outlook [2] - The company is actively pursuing a digital transformation strategy to modernize its platform for online and mobile transfers, while also expanding its travel money business to diversify revenue streams [3] Digital Transformation and Innovation - Western Union is exploring the integration of stablecoin technology into its remittance model, particularly in response to the evolving landscape of cross-border payments [4] - The company plans to launch its own US Dollar Payment Token (USDPT) built on Solana, issued by Anchorage Digital Bank, aiming to enhance money movement across its network and improve internal treasury flexibility [5] - USDPT is expected to be available in the first half of 2026 and will be accessible through partner exchanges to facilitate distribution and usability from the outset [5] Company Overview - Western Union is a global provider of cross-border and cross-currency money movement, payments, and digital financial services, catering to consumers, businesses, financial institutions, and government clients [6]

Core Insights - BioMarin Pharmaceutical Inc. has appointed Arpit Davé as Executive Vice President, Chief Digital and Information Officer, a newly created position aimed at enhancing the company's enterprise technology strategy and digital transformation [1][2] - Mr. Davé brings over 20 years of experience in information technology and artificial intelligence within the biopharmaceutical industry, previously serving at Amgen, Bristol Myers Squibb, and Merck [2][3] - The appointment is expected to drive innovation and create value for patients, employees, and shareholders by leveraging technology and AI to improve business operations across various departments [3] Company Overview - BioMarin is a leading global biotechnology company focused on rare diseases, with a strong track record of innovation, including eight commercial therapies and a robust clinical and preclinical pipeline [4] - The company aims to harness genetic science to develop category-defining medicines that significantly impact patients' lives [4]

Core Insights - Cencora is a global pharmaceutical services healthcare company that ships over 1 billion medications annually through its MSO investments [2] - The company reported a 9% year-over-year revenue increase and a 16% increase in both adjusted operating income and adjusted diluted EPS, while generating $3 billion in free cash flow [2] Strategic Focus - Cencora emphasizes its purpose-driven approach, aiming to create healthier futures, which is a key indicator of its operational outcomes [3] - The company is strategically focused on four drivers, including digital transformation, optimizing business processes, and leveraging advanced analytics and AI to enhance business operations [3]

Cencora (NYSE:COR) FY Conference Summary Company Overview - Cencora is a global pharmaceutical services healthcare company that ships over a billion medications annually and employs 51,000 team members [2][3] - The company reported a 9% year-over-year revenue increase and a 16% increase in both adjusted operating income and adjusted diluted EPS, generating $3 billion in free cash flow [2] Core Strategic Drivers - **Digital Transformation**: Focus on optimizing business processes through advanced analytics and AI [3] - **Talent Development**: Commitment to career growth for employees [3] - **Productivity Improvement**: Continuous focus on enhancing operational efficiency [4] - **Growth-Oriented Investments**: Prioritization of investments that align with future strategies [4] Recent Developments - Cencora completed the acquisition of Retina Consultants of America and plans to accelerate the acquisition of OneOncology, which is expected to enhance the company's MSO platform [5][8] - The company announced a $1 billion investment in supply chain infrastructure through 2030, focusing on expanding capacity and cold chain logistics [6] Financial Guidance - Long-term operating income growth guidance was raised from 5%-8% to 6%-9%, and EPS guidance was increased from 8%-12% to 9%-13% [14][15] - Following the OneOncology acquisition announcement, long-term guidance was further raised to 7%-10% for operating income and 10%-14% for EPS [15] Market Position and Growth - Cencora is well-positioned in the specialty pharmaceuticals market, which is experiencing significant innovation and growth [7] - The MSO platform is expected to drive additional growth, enhancing relationships with providers and pharmaceutical manufacturers [7][23] Challenges and Opportunities - The company is monitoring potential impacts from changes in pharmaceutical pricing policies, particularly regarding WAC decreases and their effect on physician reimbursement [25][26] - Cencora has a strong strategic global sourcing department that has successfully managed gross margin dollars despite pricing pressures [27] International Segment - The international segment, which accounts for about 20% of operating income, is expected to see 5%-8% growth, with improvements anticipated in global specialty logistics and a more focused portfolio [59][60] Share Repurchase and Capital Deployment - Share repurchases have been paused due to the OneOncology acquisition, with plans to resume after prioritizing debt repayment [66] Conclusion - Cencora is focused on enhancing its pharmaceutical-centric strategy, investing in growth-oriented opportunities, and maintaining strong financial performance while navigating market challenges [10][66]

Core Insights - Jabil Inc. and Sanmina Corporation are leading players in the electronics manufacturing services (EMS) industry, with Jabil being a prominent provider of EMS solutions globally [1][2] - The EMS industry is expected to grow significantly due to digital transformation, AI investments, and IoT adoption [3] Jabil Insights - Jabil has a diverse product portfolio and strong presence in various sectors, including AI data center infrastructure, automotive, and renewable energy [4] - The AI data center market is projected to grow from $13.62 billion in 2025 to $60.49 billion in 2030, with a compound annual growth rate of 28.3% [5] - Recent acquisitions, such as Hanley Energy Group and Mikros Technologies, have enhanced Jabil's capabilities in data center power management and thermal management [6] - Jabil operates a robust supply chain network across 100 locations in 30 countries, which enhances its reliability and scalability [7] - Jabil faces competition from companies like Celestica and Flex, but its strategic initiatives position it well for competitive advantage [7] Sanmina Insights - Sanmina emphasizes innovation and product diversification, working closely with customers to adapt to future manufacturing needs [8] - The company has developed a connected manufacturing process that improves decision-making by providing real-time data from global factories [10] - Sanmina has faced supply chain disruptions due to geopolitical issues but is working to strengthen its supply chain and is launching a new facility in Houston, TX [11] - The company is gaining traction in cloud and AI infrastructure markets, although competition from other EMS players remains a concern [12] Financial Performance - Sanmina's 2025 sales and EPS estimates imply year-over-year growth of 72.2% and 59.6%, respectively, with stable EPS estimates over the past 60 days [13] - Jabil's 2025 sales and EPS estimates indicate year-over-year growth of 8.8% and 18.46%, with a 4.52% upward trend in EPS estimates over the past 60 days [15] - Over the past year, Sanmina's stock has increased by 92.2%, while Jabil's has risen by 47.3% [16] - From a valuation perspective, Sanmina's shares trade at a forward P/E ratio of 15.11, compared to Jabil's 18.49 [17] Investment Outlook - Both companies are expected to benefit from net sales growth driven by AI proliferation, but Sanmina faces ongoing supply chain challenges [19] - Jabil's strategic acquisitions and product innovations position it favorably in the AI hardware supply chain, making it a more attractive investment option with a Zacks Rank 2 (Buy) [19][18]

Core Insights - The Coca-Cola Company's innovation strategy is crucial for its long-term growth, focusing on product and packaging innovation, digital/AI integration, and sustainability to meet changing consumer demands and maintain market leadership [1][9] Innovation and Product Portfolio - Coca-Cola is adapting to evolving consumer preferences by refreshing its product portfolio, particularly with healthier, low and no-sugar options, and expanding into high-growth areas like hydration, energy, and ready-to-drink coffee through acquisitions and partnerships [2][3] - The company has broadened its offerings to include Coca-Cola Zero Sugar, flavored waters, sports drinks, functional beverages, and ready-to-drink teas and coffees, enhancing its relevance across various consumption occasions [3] Market Performance - Despite innovations, Coca-Cola is experiencing soft volumes in key markets, with a 1% volume drop in the Asia Pacific region in Q3 2025, and flat volume results in Latin America and North America, indicating a broader slowdown due to weaker consumer spending and adverse conditions [4][5] - The reliance on price/mix gains to support revenues raises concerns about sustained demand, although innovation is expected to help stabilize and selectively lift volumes, particularly in zero-sugar and flavor-led offerings [5] Competitive Landscape - Competitors like PepsiCo and Monster Beverage are also focusing on innovation to align with consumer preferences, with PepsiCo emphasizing health-oriented beverages and Monster Beverage investing in new product launches and marketing strategies [6][7][8] Financial Performance - Coca-Cola shares have gained 1.5% over the past six months, compared to the industry's growth of 3.3%, and the company is trading at a forward price-to-earnings ratio of 21.83X, above the industry average of 18X [12][13] - The Zacks Consensus Estimate for Coca-Cola's earnings per share implies year-over-year growth of 3.5% for 2025 and 8% for 2026, with stable estimates over the past 30 days [14]

Financial Data and Key Metrics Changes - Hamilton Beach Brands generates over $600 million in annual revenue and sells over 25 million units annually, indicating a strong market presence [3] - The commercial business accounted for about 8% of total revenue in 2024, highlighting significant growth potential in this segment [15] - The company reported strong performance in 2024 with record margins, and this momentum carried into the first quarter of 2025 [20][21] Business Line Data and Key Metrics Changes - The company is focusing on six strategic growth initiatives, including driving growth in the core business, accelerating digital transformation, and gaining share in the premium market [7] - Hamilton Beach is the number two small kitchen appliance brand in the U.S. by units sold and recently moved up to number four in dollars [7] - The premium market share is currently about 1%, indicating substantial room for growth [11] Market Data and Key Metrics Changes - The company has diversified its supplier base beyond China to include partners in Indonesia, Thailand, and Vietnam, optimizing production costs [6][21] - The global commercial market is a multi-billion dollar market with higher margins, presenting significant growth opportunities [15] Company Strategy and Development Direction - The company aims to drive growth in its core business, accelerate digital transformation, and expand its presence in the premium and global commercial markets [7][24] - Hamilton Beach Health was created to combine hardware strengths with software expertise, focusing on digitally connected devices for at-home patient care [18] - The company is actively seeking strategic partnerships and acquisitions to enhance its product offerings and market reach [20] Management's Comments on Operating Environment and Future Outlook - The management acknowledged the challenges faced in 2025 due to a changing tariff environment but expressed confidence in the company's ability to pivot and adapt [21][22] - The company expects purchasing patterns to normalize by mid-year 2026, with a path to historical growth and gross margin levels [22] - Management emphasized a strong balance sheet and free cash flow to support future growth initiatives [23] Other Important Information - The company has secured exclusive multi-year trademark licensing agreements with several prominent consumer brands, enhancing its product portfolio and margins [3] - Hamilton Beach is increasing its investment in digital marketing and advertising to connect with consumers as shopping behaviors evolve [8][24] Q&A Session Summary Question: What are the growth initiatives for Hamilton Beach? - The company is focusing on driving growth in its core business, accelerating digital transformation, gaining share in the premium market, leading in the global commercial market, and leveraging partnerships and acquisitions [7][24] Question: How is the company addressing the challenges posed by tariffs? - The company implemented price increases, announced a free trade zone, accelerated supplier diversification efforts, and took $10 million out of its cost structure to adapt to the tariff environment [21]

Core Insights - LPL Financial has appointed Ilan Davidovici as executive vice president of Corporate Strategy to lead the firm's strategic initiatives and growth opportunities [1][4] Company Overview - LPL Financial Holdings Inc. is one of the fastest-growing wealth management firms in the U.S., supporting over 32,000 financial advisors and approximately 1,100 financial institutions [5] - The firm services and custodies around $2.3 trillion in brokerage and advisory assets for about 8 million Americans [5] Leadership Background - Ilan Davidovici has over 20 years of experience in the financial services industry, previously serving as principal and general partner at Edward Jones, where he improved client and branch experience [2] - Prior to Edward Jones, Davidovici held senior roles at Salesforce and Deloitte Consulting, focusing on wealth management and transformational programs for global financial institutions [3] Strategic Vision - Davidovici's expertise in strategy, digital transformation, and client experience is expected to enhance LPL's long-term vision and accelerate growth [4]

Exhibit 99 Investor Presentation ICR Conference 2026 January 12, 2026 Hamilton Beach Forward-Looking Statements · Core Consumer market is North America (U.S., Canada, Mexico, Latin America) · Increasing focus of the Premium small kitchen appliance market · Growing presence in global Commercial kitchen and hotel amenities markets · Developing global Home Healthcare solutions business Hamilton Beach OTUS Powerful Brand Portfolio Best Hamilton Beach Health Hamilton Beac NUMIL Flagship brand Hamilton Beach is a ...