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Ansem 🧸💸· 2025-06-27 12:07
highest positive impact job on society ...
McCormick is well-positioned to fully mitigate tariff impact in 2025, says CEO
CNBC Television· 2025-06-27 00:04
Well, you now you're a person who knows growth. You know, you know taste, you know what people are looking for. But who ever thought that with your 17,000 unique items that you have to get from 90 countries.I mean, I can't must take you weeks just to calculate the tariffs. Our teams did a lot of work around this. You know, we've done a nice job mitigating the tariff impact as we think about through the, you know, 2025.Uh the one thing about our business that's important to understand u when you think about ...
McCormick is focused on mitigating tariff impact on agriculture, says CEO Brendan Foley
CNBC· 2025-06-26 22:54
McCormick CEO Brendan Foley told CNBC's Jim Cramer on Thursday that the spice maker is assessing how new tariffs will impact sourcing for its products."This is a big area," Foley said. "Agriculture impact is probably what we're focused on when you're looking at tariff impact."Foley said the company has "done a nice job mitigating the tariff impact" going into the rest of the year. He said it's important to understand that of the products sold in the U.S., 90% are made domestically. However, he continued, th ...
Fed's Daly on Interest Rates, Inflation, Tariff Impact
Bloomberg Television· 2025-06-26 13:35
I want to start with this data and maybe we can spend some time on a palace intrigue later on. Jobless claims, initial claims lower than expected, continuing claims higher than expected and creeping higher over the past few months. From your vantage point, president title, how much weight would you put on one versus the other.And what's the labour market picture look like in your point of view, your opinion. Well, the labor market is shaping up to be solid and the data today confirmed that. Now, continuing ...
Americold Realty Trust(COLD) - 2020 Q1 - Earnings Call Presentation
2025-06-26 09:23
EARNINGS RELEASE & FINANCIAL SUPPLEMENT First Quarter 2020 Corporate Profile We are the world's largest publicly traded REIT focused on the ownership, operation, acquisition and development of temperature- controlled warehouses. We are organized as a self-administered and self-managed REIT with proven operating, development and acquisition expertise. As of March 31, 2020, we operated a global network of 183 temperature-controlled warehouses encompassing over one billion cubic feet, with 161 warehouses in th ...
Americold Realty Trust(COLD) - 2021 Q2 - Earnings Call Presentation
2025-06-26 09:20
EARNINGS RELEASE & FINANCIAL SUPPLEMENT Second Quarter 2021 Financial Supplement Second Quarter 2021 Table of Contents | Overview | PAGE | | --- | --- | | Corporate Profile | 3 | | Earnings Release | 5 | | Selected Quarterly Financial Data | 16 | | Financial Information | | | Condensed Consolidated Balance Sheets | 18 | | Condensed Consolidated Statements of Operations | 19 | | Reconciliation of Net (Loss) Income to NAREIT FFO, Core FFO and AFFO | 20 | | Reconciliation of Net (Loss) Income to EBITDA, NAREIT ...
MillerKnoll(MLKN) - 2025 Q4 - Earnings Call Transcript
2025-06-25 22:02
Financial Data and Key Metrics Changes - The company reported adjusted earnings of $0.60 per share for Q4, significantly outperforming guidance, with consolidated net sales of $962 million, up 8.2% year-over-year [20][21] - Consolidated backlog increased by $78 million to $761 million, driven by improved demand [21] - Consolidated gross margin was 39.2%, slightly down from last year but up 130 basis points sequentially [21][22] Business Line Data and Key Metrics Changes - In the North America contract segment, net sales were $496 million, up nearly 13% year-over-year, with new orders at $568 million, reflecting growth of almost 16% [23] - The international contract segment saw net sales of $186 million, up 6.9% year-over-year, with new orders increasing by 3.6% [24] - The global retail segment reported net sales of $280 million, up 2.2% year-over-year, with new orders improving to $280 million, up 7.5% [25][26] Market Data and Key Metrics Changes - The North American contract market experienced a return to order growth in Q4 after a previous decline due to tariffs [14] - Strength was noted in European and UK markets, with significant customer engagement during design events [15] - Office leasing activity is rising, with a 68% increase in days in the office among Fortune 100 companies since 2022 [16] Company Strategy and Development Direction - The company is focused on expanding its retail footprint, planning to open 10 to 15 new stores in fiscal 2026 [10][11] - Investment in product assortment expansion and e-commerce penetration is a key growth lever [11][12] - The company aims to balance long-term growth with prudent cost management and innovation [18] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding the macroeconomic environment, noting a dynamic landscape [14][17] - The company anticipates a return to growth in contract business as the industry recovers [17] - Future guidance for Q1 fiscal 2026 includes expected net sales between $899 million and $939 million, reflecting a 6.7% increase year-over-year [29] Other Important Information - The company paid approximately $52 million in dividends and returned about $85 million to shareholders through share repurchases in fiscal 2025 [27] - Capital expenditures for fiscal 2025 were $107.6 million, with expectations to increase to between $120 million and $130 million in fiscal 2026 [27] Q&A Session Summary Question: Insights on pull forward effect from pricing actions - Management noted a mid-single-digit decline in order entry year-over-year in the early part of the current quarter, aligning with expectations due to pull forward [34][35] Question: Confidence in retail store openings amid softer demand - Management expressed confidence in retail expansion, citing a need in the market and a strategy to open stores prudently [36][37] Question: Clarification on North American pull forward estimates - Management confirmed the estimated pull forward of $55 million to $60 million for the consolidated enterprise, with no significant pull ahead in international markets [48][49] Question: Profitability outlook amid tariffs and pull forward - Management indicated that the impact from pull forward and tariffs would likely affect Q1 and Q2, with expectations for recovery in Q3 and Q4 [55][56] Question: Balance sheet and cash flow considerations - Management highlighted a focus on managing debt levels and capital expenditures for store build-outs while maintaining a strong balance sheet [58]
The Power of the Ball | Mohammed Amine Zariat | TEDxFMPR
TEDx Talks· 2025-06-25 16:29
Alors moi c'est Amine, je suis entrepreneur social sportif, je suis adjoint international de basketball et j'ai découvert le basket quand j'étais au collège. Donc je suis passé par l'école primaire publique, collège public, lycée public. Après, j'ai eu mon diplôme et malheureusement j'ai pas pu pratiquer le sport quand j'étais à l'école publique primaire parce qu'il y avait pas de sport. On avait pas une séance d'éducation physique et sportive. Au collège, le prof d'éducation physique et sportive en pleine ...
The Transformative Power of Volunteering | Matilda Ogunleye | TEDxCrandall University
TEDx Talks· 2025-06-25 16:13
[Music] [Applause] Hello everyone. I'm sure many of us here have been on a plane either going on that vacation, a work trip, or like me, traveling thousands of miles from your home country to Canada as an international student. Now picture this.Someone sat on seat 7A let out a silent but potent fart. I'm sure we can all agree the person sat in 22B all the way at the back will definitely smell that and uh impact to befelt by many in the plane. Well, that is the kind of impact volunteering can have a positive ...
Should You Retain Mid-America Stock in Your Portfolio Now?
ZACKS· 2025-06-25 16:00
Key Takeaways MAA gains from a diverse Sunbelt portfolio and rising rental demand, driven by housing affordability issues. Three internal initiatives, redevelopment, repositioning and tech upgrades, may boost margins and returns. Elevated supply in some markets and $5B in debt are pressuring MAA's rent growth and interest expenses.Mid-America Apartment (MAA) is poised to gain from a well-diversified, Sun Belt-focused portfolio. The prospects of its redevelopment program and technology measures will drive ...