Key Takeaways UGI plans $800-$900M in fiscal 2025 and up to $4.1B by 2027 to modernize infrastructure. Fiscal 2025 EPS estimate rose 3.3% to $3.13, with sales expected to grow 8.4% to $7.81B. UGI's 16.21% ROE and 141-year dividend track record underscore consistent performance.UGI Corporation’s (UGI) planned investments should help upgrade and replace its aging infrastructure and boost its overall performance. Given its growth opportunities and strong return on equity (ROE), UGI makes for a solid investme ...

Ben Snider, Goldman Sachs senior U.S. portfolio strategist, joins 'Money Movers' to discuss markets, reducing recession concerns and slowdown expectations. ...

FMC (FMC) 2025 Conference June 11, 2025 09:45 AM ET Speaker0 Great. Good morning everybody and welcome back. Now we have on stage FMC. It's my pleasure to introduce Senior Management. FMC is one of the world's leading crop protection companies with a diversified portfolio serving all crops in all regions across the globe. With me today is Pierre Brondeau, Chairman and CEO, Bernardo Pereira, President and Andrew Standifer, CFO. Welcome gentlemen. Speaker1 Thank you. Speaker0 Thank you for being here. So Pier ...

Ryder System (R) 2025 Conference June 11, 2025 09:45 AM ET Speaker0 All right. Well, welcome back to day two of the Wells Industrial and Materials Conference. I'm delighted to continue and segue into the trucking and logistics portion of our conference with Ryder Systems Inc. With us, we've got Robert Sanchez, the Chairman and CEO as well as in the audience, Kayleen Candela. So I'm going to turn it over to Robert for some prepared remarks, and then we'll jump into Q and A. Speaker1 Okay. Thank you. Well, I' ...

India Equity Strategy Equity Strategy & India Five: Worries about earnings remain, even after the recent rally Sentiment has improved, significantly. Indian markets are well placed amidst global uncertainty and trade tensions. As per our proprietary positioning data, Asia and GEM funds have started to rebuild positions in India (that is, cut their underweights), but global investors are still cautious. A weaker dollar and softer inflation suggest the foreign inflows can persist in coming months. Domestic su ...

I give a buy rating for Intuit (NASDAQ: INTU ) as I believe it can print attractive earnings growth over the coming years, driven by TurboTax Live’s rapid adoption and successful expansion into the mid/up-market with QBOA andI’m a fundamental, valuation-driven investor with a strong focus on identifying businesses that have the potential to scale over time and unlock massive terminal value. My investment approach centers around understanding the core economics of a business—its competitive moat, unit econom ...

Key Takeaways UNFI is expected to post 4.6% higher revenues and EPS of $0.24, up from $0.10 a year ago. Growth is driven by wholesale strength, automation and rising demand for organic products. Lean management and cost control continue to support operational efficiency and savings.United Natural Foods, Inc. (UNFI) is likely to register growth in its top and bottom lines when it reports third-quarter fiscal 2025 earnings on June 10.The Zacks Consensus Estimate for revenues is pegged at $7.85 billion, impl ...

Summary of Regency Centers (REG) 2025 Conference Call Industry Overview - The grocery business is characterized as a low-margin industry, requiring partnerships with top operators to thrive [1] - There is intense competition among grocers, necessitating improvements in customer experience to remain relevant [3] - The physical presence of grocery stores is crucial for profitability, with a focus on in-store customer experiences [2] Company Performance and Strategy - Regency Centers aims for a steady state growth of approximately 3% annually in their same property portfolio, with potential for additional growth through development and occupancy increases [5][6] - The company has achieved a consistent development program, targeting over $250 million in new starts annually for the past two years, with expectations to continue this trend [7][8] - Regency has maintained and grown its dividend through the pandemic, reflecting strong earnings growth [10][11] Tenant Health and Market Dynamics - The health of the tenant base is reported to be strong, with a watch list indicating normal tenant churn but overall stability [12][14] - Post-COVID recovery has led to a stronger base of retailers, with a focus on high-quality shopping centers [13] - Regency has successfully increased rent-paying occupancy, distinguishing itself from peers in the sector [17][19] Development and Acquisition Strategy - Development remains a priority, with a focus on sourcing high-quality opportunities despite challenges in the retail development landscape [20][21] - The company emphasizes the importance of relationships with grocers and local developers to secure development opportunities [22] - Acquisitions are considered secondary to development, with a focus on high-quality, accretive growth profiles [27][28] Market Trends and Challenges - The retail landscape is evolving, with a noted shift towards e-commerce, but there remains a strong appreciation for physical shopping experiences [34][35] - The company is monitoring the drugstore sector closely, noting ongoing consolidation and potential impacts on their portfolio [39][41] - The potential for renewed merger discussions between major tenants like Kroger and Albertsons is acknowledged, but deemed unlikely at this time [44][45] Key Metrics and Future Outlook - Regency Centers has a target of achieving a 5% growth algorithm, factoring in occupancy increases and development contributions [6][8] - The company is positioned well for future earnings growth, with a strong pipeline of development projects and a resilient tenant base [8][28]

Core Insights - Dollar General Corporation (DG) reported strong first-quarter fiscal 2025 results, with both revenue and earnings exceeding expectations and showing year-over-year growth [1][9] - The company raised its full-year guidance, indicating continued strength in its business operations [9] Financial Performance - Quarterly earnings per share (EPS) were $1.78, surpassing the Zacks Consensus Estimate of $1.47, and increased by 7.9% from $1.65 in the prior-year period [2][9] - Net sales reached $10,436 million, a 5.3% increase year over year, exceeding the Zacks Consensus Estimate of $10,287 million, driven by new store openings and same-store sales growth [2][9] - Same-store sales grew by 2.4%, with a 2.7% increase in average transaction amount, although customer traffic declined by 0.3% [3] Category Performance - The consumables category saw a significant increase of 5.2%, reaching $8.64 billion, while seasonal category sales totaled $1.02 billion, up 6.2% [4] - Home products sales grew by 5.9% to $507.2 million, and apparel sales increased by 3.2% to $269.2 million [4] Margin Insights - Gross margin expanded by 78 basis points to 31%, attributed to higher inventory markups and lower shrinkage, partially offset by higher markdowns [5] - Selling, general and administrative (SG&A) expenses as a percentage of net sales increased by 77 basis points to 25.4%, primarily due to higher retail labor and incentive compensation [6] - Operating profit increased by 5.5% year over year to $576.1 million [6] Expansion Plans - During the quarter, Dollar General opened 156 new stores and remodeled 668 locations through Project Elevate, along with 559 stores through Project Renovate [7] - For fiscal 2025, the company plans to execute 4,885 real estate projects, including the opening of 575 stores in the U.S. and up to 15 stores in Mexico [8] Future Guidance - Dollar General now expects net sales growth of 3.7% to 4.7%, up from the previous outlook of 3.4% to 4.4%, with same-store sales projected to increase by 1.5% to 2.5% [11] - EPS is anticipated to be between $5.20 and $5.80, compared to the previous estimate of approximately $5.10 to $5.80 [11] Financial Snapshot - The company ended the quarter with cash and cash equivalents of $850 million, long-term obligations of $5.72 billion, and total shareholders' equity of $7.70 billion [10] - Capital expenditures during the fiscal first quarter amounted to $290.9 million, with an anticipated range of $1.3 billion to $1.4 billion for fiscal 2025 [10]

Whitestone REIT (WSR) 2025 Conference June 03, 2025 09:30 AM ET Speaker0 Thank you everyone for joining us today for the Whitestone REIT panel. My name is Anthony Hao, an analyst at Truist Securities. I'm pleased to introduce Whitestone CEO, Dave Holtman COO, Christine Mastandrea and CFO, Scott Hogan. Whitestone REIT, take our s WSR, is a community center REIT with a focus in Sunbelt markets and has a 630,000,000 equity market cap. We'll leave time near the end for audience to ask questions, but I'll kick t ...