Innovation
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Bloomberg· 2025-07-30 20:29
RT Bloomberg Live (@BloombergLive)"Innovation and action never happens with realism, and if it did...human kind would not have evolved the way we did," Energy Shift Institute's Christina Ng reflects on sticking to the 1.5 climate goal #SustainableBizSummit.⏯️https://t.co/Nx0GO8Nx2h https://t.co/qHjv73uakT ...
Pakistan Isn’t Broken — Our Narrative Is | Minahil Temur | TEDxInstituteOfSpaceTechnology
TEDx Talks· 2025-07-30 15:34
Societal & Cultural Observations - The speaker challenges the prevailing negative narrative about Pakistan, arguing it's not inherently broken but rather viewed through a colonized lens with Western standards [1][2][13][14] - The speaker emphasizes the importance of recognizing and valuing Pakistan's unique culture, climate, history, and needs instead of imposing Western blueprints [14][15][16] - The speaker highlights the warmth, compassion, and intellectual capacity of the Pakistani people, contrasting this with the negative portrayal often presented by the media [17][18][19][20] Personal Experiences & Opportunities - The speaker recounts personal experiences as a woman in mechanical engineering and manufacturing, noting instances of being treated differently but not necessarily discriminated against, highlighting the potential for women in these fields [7][8][9][10][11] - The speaker emphasizes that gaps and challenges within Pakistan represent significant opportunities for innovation and entrepreneurship [24] - The speaker shares the success of a YouTube channel focused on optimistic educational content in Urdu, demonstrating the untapped potential and demand for such content within Pakistan, reaching over 30,000 subscribers and 1100000 views in 4 months [25][26] Economic & National Development - The speaker points out that Pakistan, despite being only 80 years old, has achieved significant milestones, including becoming a nuclear power and developing a globally respected military [21][22][23] - The speaker advocates for investing in Pakistan, comparing it to investing in the stock market when it's at its lowest, suggesting that the perceived failures present opportunities for high returns [27][28][29][30]
Why we love risk-takers | Jason Thompson | TEDxWCC
TEDx Talks· 2025-07-30 14:56
Picture a packed Pennsylvania auditory just like this. The air is humming with anticipation. Proud of parents. That muscled ruffle of cellophane wrapped candy. That's right. It's nativity playtime. Yes. My nephew, the youngest of three, was selected to be one of the wise men to deliver the the gifts to the Christ child. His job was to deliver the frankincense. This is an important detail. His job was simple. Step forward, deliver the gift, say his lines. Simple and clear. But under the hot glare of the ligh ...
Hershey(HSY) - 2025 Q2 - Earnings Call Transcript
2025-07-30 13:17
Financial Data and Key Metrics Changes - The company is experiencing top-line momentum and has profit recovery plans underway, indicating a positive outlook despite previous headwinds [12][13] - The pricing actions taken are expected to have a mid-teens impact on revenue in 2026, with 80% of the profit benefit anticipated to materialize in that year [80][89] Business Line Data and Key Metrics Changes - The instant consumables segment is gaining share and growing ahead of the category, driven by effective distribution and innovation strategies [65] - The salty snacks portfolio, including brands like Dots and Skinny Pop, is performing well due to strong consumer acceptance and marketing efforts [53][54] Market Data and Key Metrics Changes - The chocolate category is seeing overall growth, attributed to innovation, emotional well-being benefits of products, and effective retail partnerships [38][40] - Cocoa prices remain inflationary, but there are signs of potential recovery in the cocoa market, with expectations of a modest surplus in the upcoming crop [105][106] Company Strategy and Development Direction - The company is focused on long-term investments in brands and capabilities to drive sustainable growth, with a commitment to margin recovery through pricing adjustments [12][78] - The new CEO, Kirk, is expected to leverage his extensive experience in consumer packaged goods to further enhance the company's growth trajectory [17][18] Management's Comments on Operating Environment and Future Outlook - Management remains optimistic about the future, citing ongoing discussions regarding potential tariff exemptions for cocoa, which could positively impact costs [44] - The company is closely monitoring consumer trends, particularly regarding health and wellness, to ensure its product offerings align with evolving consumer preferences [73] Other Important Information - The company is planning significant innovation initiatives for the upcoming year, including major marketing events tied to the Olympics and new product launches [32][38] - The management team is committed to maintaining agility in response to market conditions, particularly regarding pricing elasticity and consumer demand [125][126] Q&A Session Summary Question: Is there a need for a reset in earnings and margins with the new CEO? - Management believes there is no need for a reset as the company has consistently invested in growth and has momentum on its side [12][14] Question: What is the expected elasticity of pricing actions? - The company anticipates a one-to-one elasticity for the new pricing, with favorable conditions compared to historical data [19][20] Question: How is the company addressing cocoa cost inflation? - Pricing actions are expected to significantly impact margin recovery, but will not fully offset cocoa inflation experienced up to 2025 [28][30] Question: What is the outlook for the instant consumables segment? - The company is seeing growth in this segment due to effective distribution and innovation, with expectations for continued improvement [65][66] Question: How is the company planning for potential tariff exemptions? - Management is optimistic about ongoing discussions regarding tariff exemptions for cocoa, which could alleviate some cost pressures [44] Question: What is the strategy for the salty snacks portfolio? - The company is focusing on flavor innovation and marketing to drive growth in the salty snacks category, leveraging consumer trends [53][54] Question: How is the company managing tax rate challenges? - The company is facing challenges with tax rates due to various factors, including lower income and changes in tax credit availability, which are expected to persist into 2026 [117][119]
Hershey(HSY) - 2025 Q2 - Earnings Call Transcript
2025-07-30 13:15
Financial Data and Key Metrics Changes - The company is expecting a mid-teens impact from pricing actions in 2026, with 80% of the profit benefit anticipated to occur in that year [75][80] - The company noted that the pricing increase is primarily to recover cocoa inflation and does not fully compensate for the inflation experienced up to 2025 [24][80] Business Line Data and Key Metrics Changes - The instant consumables segment is gaining share and growing ahead of the category, with significant improvements in distribution and productivity [60] - The salty snacks segment, particularly Dots and Skinny Pop, is performing well due to strong consumer acceptance and innovative marketing strategies [48][50] Market Data and Key Metrics Changes - The chocolate category is experiencing growth driven by innovation, emotional well-being, and strategic partnerships with retailers [34] - The company is optimistic about the cocoa supply dynamics, expecting a modest surplus and improved agricultural practices in West Africa [99][100] Company Strategy and Development Direction - The company is focused on long-term investments in brands and capabilities to drive sustainable growth, with a commitment to margin recovery through pricing and cost savings [10][72] - The new CEO, Kirk, is expected to leverage his extensive experience in consumer packaged goods to enhance the company's strategic direction [15][16] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism regarding the potential for tariff exemptions on cocoa, indicating that discussions with the government are progressing positively [40] - The company is monitoring consumer trends related to health and wellness, with no significant impact expected from GLP-1 medications in 2025 [67] Other Important Information - The company is planning significant marketing investments and innovation initiatives for the upcoming year, including major events like the Olympics [28][66] - The company is actively working on optimizing its supply chain to mitigate tariff impacts and enhance operational efficiency [92] Q&A Session Summary Question: Is there a need for a reset in earnings and margins with the new CEO? - Management believes there is no need for a reset, as the company has consistently invested in growth and has momentum on its side [12] Question: What is the expected elasticity for the new pricing? - The company anticipates a one-to-one elasticity for the new pricing, with favorable conditions compared to historical data [17][18] Question: How will pricing impact the P&L in 2026? - Pricing actions are expected to significantly improve margins, but will not fully recover cocoa inflation experienced up to 2025 [24][25] Question: What is the outlook for the Halloween season? - Management is optimistic about Halloween sales, citing strong retailer plans and consumer trends [43] Question: How is the company addressing competition in the instant consumables segment? - The company is gaining share through improved distribution and innovative marketing strategies [60] Question: What are the expectations for cocoa supply and pricing? - Management is optimistic about cocoa supply dynamics, expecting a modest surplus and improved agricultural practices [99][100] Question: How is the company planning to mitigate tariff impacts? - The company is focusing on supply chain optimization and is hopeful for tariff exemptions on cocoa [92][40]