Modiv Industrial (MDV) Q1 2025 Earnings Call May 07, 2025 11:00 AM ET Company Participants John Raney - Chief Operating Officer & General CounselAaron Halfacre - CEO, President & DirectorRay Pacini - CFORob Stevenson - MD & Head - Real Estate ResearchCraig Kucera - MD - Equity ResearchStephen Chick - CIO Conference Call Participants Gaurav Mehta - Managing Director, Senior Equity Research Analyst & Real Estate and FinancialsJohn Massocca - Senior Research Analyst Operator Ladies and gentlemen, greetings, an ...

Modiv Industrial (MDV) Q1 2025 Earnings Call May 07, 2025 11:00 AM ET Speaker0 Ladies and gentlemen, greetings, and welcome to Motive Industrial Inc. First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. A brief question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, John Rainey, Chief Operating Officer and General Counsel of Motive Industria ...

Weyco Group (WEYS) Q1 2025 Earnings Call May 07, 2025 11:00 AM ET Speaker0 Thank you for standing by. My name is Gail, and I will be your operator for today. At this time, I would like to welcome each and every one of you to the Weyco Group Inc. First Quarter twenty twenty five Earnings Release Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. It is now my pleasure to turn today's call over to Weyco ...

MRC Global (MRC) Q1 2025 Earnings Call May 07, 2025 10:00 AM ET Company Participants Monica Broughton - Investor RelationsRob Saltiel - President and CEOKelly Youngblood - EVP & CFOChristopher Dankert - SVP - Equity ResearchBlake McLean - Managing Director Conference Call Participants Adam Farley - Associate AnalystCharles Minervino - Equity Research Analyst Operator and welcome to MRC Global's First Quarter twenty twenty five Earnings Conference Call. At this time, participants are in a listen only mode. A ...

Park-Ohio (PKOH) Q1 2025 Earnings Call May 07, 2025 10:00 AM ET Company Participants Matthew V. Crawford - Chairman, CEO & DirectorPatrick Fogarty - VP & CFOJacob Moore - Equity Research AssociateDave Storms - Director of Equity Research Operator Good morning, and welcome to Park Ohio First Quarter twenty twenty five Results Conference Call. At this time, all participants are in a listen only mode. After the presentation, the company will conduct a question and answer session. Today's conference is also bei ...

Financial Data and Key Metrics Changes - Revenues for the first quarter of 2025 were $63.3 million, a slight decrease from $64.6 million in Q1 2024, representing a 2% decline [5][10] - EBITDA for the quarter was $4.8 million, with earnings per share at $0.31, close to expectations [5] - Gross margin as a percentage of net sales decreased to 22.4% from 23.9% in the prior year, primarily due to higher raw material costs [11] - Net income from continuing operations was $1.9 million or $0.31 per diluted share, down from $2.1 million or $0.34 per diluted share in the previous year [12] - Adjusted net income from continuing operations was $2 million or $0.32 per diluted share, compared to $2.1 million or $0.34 per diluted share for the prior year [12] - Senior net leverage ratio increased to 1.45 from 1.23 at the end of 2024 [13] Business Line Data and Key Metrics Changes - The decline in net sales was primarily due to decreased sales of truck mirror assemblies and truck accessories, offset by increased sales of returnable transport packaging products [10] - The backlog decreased by 9% to $85.9 million compared to $94 million in the previous year, driven by decreased orders in several product categories [10] Market Data and Key Metrics Changes - The medium and heavy-duty truck markets have experienced significant impacts, with a noted softness in build rates expected to continue [19] - The returnable packaging market, particularly in the automotive segment, has been quiet, with a potential for pent-up demand as production shifts back to the U.S. [29][32] Company Strategy and Development Direction - The company plans to enhance strategic growth plans, eliminate bureaucracy, and optimize cash flow in 2025 [8] - Key initiatives include a focus on new product development and a nimble supply chain to adapt to market changes [18][21] - The company is also prioritizing mergers and acquisitions, with a disciplined approach to potential deals [41] Management's Comments on Operating Environment and Future Outlook - Management acknowledged challenges in the marketplace but expressed optimism about the company's positioning and future growth opportunities [5][39] - The company is actively managing tariff impacts and has been able to neutralize some of the effects thus far [40] - There is a belief that the company is currently in a trough and expects a recovery as customers begin to move forward with their programs [30] Other Important Information - The company completed a share buyback program of 200,000 shares and has authorized an additional program for 400,000 shares [6][13] - Leadership transitions have been completed, with a new board member joining who has significant industry experience [7] Q&A Session Summary Question: Outlook for returnable packaging business - Management noted a quiet market in returnable packaging, particularly in automotive, but believes they are well-positioned to capitalize on any future demand as production shifts back to the U.S. [29][30] Question: Gross margin expectations - Management indicated that while gross margins are currently lower, they expect to improve margins through better sales mix and cost management [33][34]

Acushnet (GOLF) Q1 2025 Earnings Call May 07, 2025 08:30 AM ET Company Participants Sondra Lennon - VP - FP&A and IRDavid Maher - President & CEOSean Sullivan - Executive VP & CFOCarlos Gallagher - Senior Associate - Equity Research Conference Call Participants Megan Christine Alexander - AnalystJoseph Altobello - MD & Senior AnalystNone - AnalystNoah Zatzkin - Vice President & Equity Research Analyst Operator Good morning, all, and thank you for joining us for today's Acushnet Company First Quarter twenty ...

This year's theme, "Securing Our Future," will spotlight the geopolitical and economic importance of critical minerals. Ms. Breure will participate in a panel focused on the role of materials like graphene in national security across Canada, the United States, and Latin America. Distinguished participants at HSC include SOUTHCOM Commander Admiral Alvin Holsey and the Presidents of Argentina, Chile, and Paraguay. "This invitation is a strong acknowledgment of HydroGraph's leadership in the critical materials ...

VANCOUVER, British Columbia, May 07, 2025 (GLOBE NEWSWIRE) -- First Atlantic Nickel Corp. (TSXV: FAN) (OTCQB: FANCF) (FSE: P21) (“First Atlantic” or the “Company”) is excited to announce the commencement of Phase 2 drilling at the RPM Zone on its 100%-owned Atlantic Nickel Project in Newfoundland. The upcoming drilling will build on the significant awaruite discovery at the RPM Zone, where all four initial drill holes intersected visibly disseminated awaruite throughout their entire lengths, terminating in ...

Fortune Brands Innovations (FBIN) Q1 2025 Earnings Call May 06, 2025 05:00 PM ET Company Participants Leigh Avsec - Chief of Staff & Executive VP - External AffairsNicholas Fink - CEODavid Barry - President, Security & Connected ProductsPhilip Ng - Managing DirectorTrevor Allinson - Director - Equity ResearchMichael Rehaut - Executive Director Conference Call Participants John Lovallo - Senior US Homebuilding & Building Products Equity Research AnalystSusan Maklari - Senior Equity Research Analyst Operator ...