Earnings Call Fiscal 2026: First Quarter Results September 18, 2025 Disclaimer/Non-GAAP Information IMPORTANT NOTICE The following slides are part of a presentation by Darden Restaurants, Inc. (the "Company") and are intended to be viewed as part of that presentation (the "Presentation"). No representation is made that the Presentation is a complete description of the Company's performance, financial condition or outlook. Forward-looking statements in this communication regarding our expected earnings perfo ...

Core Points - The presentation is part of Black Stone Minerals' September 2025 Investor Presentation, indicating ongoing communication with investors [1][2] - The Director of Finance, Mark Meaux, is leading the presentation, highlighting the company's commitment to transparency and investor relations [2] - Forward-looking statements will be made regarding the company's future performance, which may involve risks that could lead to actual results differing from expectations [3][4] Financial Measures - The company may refer to non-GAAP financial measures that are considered useful for evaluating performance, with reconciliations provided in the appendix of the presentation [5]

Financial Performance & Outlook - Dow expects Q3 results to be in line with current consensus expectations[5] - The company is implementing near-term levers to navigate the current environment, targeting >$6 billion in benefits[6] - Dow anticipates lower interest rates, which should foster a recovery in housing and durable goods end markets[12] Cost Reduction & Capital Allocation - Dow is reducing 2025 CapEx to approximately $2.5 billion, which is about $1 billion lower than the original plan[10] - The company is progressing towards at least $1 billion in annualized cost reductions, with expedited delivery allowing for increasing 2025 savings to approximately $400 million[10] - Closed 2 non-core divestitures for approximately $250 million at attractive multiples[10] Strategic Actions & Portfolio Management - Dow received approximately $3 billion from Macquarie Asset Management for a total 49% equity stake in a strategic infrastructure asset partnership[10] - Rationalizing Propylene Oxide capacity in Freeport by YE25, which is approximately 20% of North American industry capacity, supporting supply/demand balances in the Americas[12] - European shutdowns will result in an Operating EBITDA uplift of $200 million beginning in 2026, with additional ~$60 million/year of CapEx avoidance[12]

Core Viewpoint - Talen Energy Corporation is conducting an investor update conference call to discuss its current expectations and future outlook, with key executives presenting [2][3]. Group 1: Company Overview - The conference call features presentations from Talen Energy's CEO, CFO, CCO, and Executive VP of Strategic Ventures, indicating a comprehensive leadership engagement [2]. - An investor update presentation has been made available on Talen's website, highlighting the company's commitment to transparency and investor communication [3]. Group 2: Financial Disclosures - The company is making forward-looking statements based on current expectations, with a caution that actual results may differ due to various risk factors [3]. - References to non-GAAP financial measures will be included, with reconciliations provided in the appendix of the investor update presentation, emphasizing the company's approach to financial reporting [3].

Core Viewpoint - Genesco Inc. reported strong momentum in comparable sales during the second quarter of fiscal year 2026, indicating positive performance trends in the retail sector [6]. Group 1: Earnings Call Overview - The earnings call for Genesco Inc. took place on August 28, 2025, at 8:30 AM ET, with key participants including the CFO and CEO [1]. - The call included forward-looking statements, with a reminder that actual results may differ from expectations [3]. - Non-GAAP financial measures were discussed, with reconciliations provided in the earnings release and on the company's website [4].

Core Viewpoint - Greif, Inc. is conducting its Q3 2025 earnings call, focusing on strategic updates and financial results, with key insights from the CEO and CFO [3]. Group 1: Company Overview - The earnings call is led by Bill D'Onofrio, with contributions from CEO Ole Rosgaard and CFO Larry Hilsheimer [3]. - The company is addressing its planned divestment of the containerboard business, which will be reflected in discontinued operations [5]. Group 2: Financial Reporting - The call will include discussions on non-GAAP financial measures, with reconciliations to GAAP metrics provided in the presentation appendix [5]. - The company emphasizes the importance of discussing only material public information during the call [4].

Financial Performance - The company's total net revenue reached RMB 2.6 billion, a year-over-year increase of 7%[7] - E-Commerce net revenue was RMB 2.2 billion, up 3% year-over-year[7] - Brand Management (BBM) net revenue reached RMB 398 million, showing a significant year-over-year growth of 35%[5] - Group product sales gross profit margin increased to 28.4% in 2Q25 from 25.4% in 2Q24[10] - Non-GAAP operating income for the group was RMB 6.1 million, a decrease of 38.9% year-over-year[5] - Adjusted Non-GAAP operating income for the group was RMB 59.1 million, a substantial increase of 489.2% year-over-year, excluding a one-time provision[5, 6] Business Segments - BBM net revenue was RMB 536 million, representing a 17% year-over-year increase[7] - E-Commerce product sales gross margin improved to 12.8% in 2Q25 from 11.7% in 2Q24[12, 30] - Brand Management gross profit margin remained relatively stable at 52%, with net revenues growing by 35% year-over-year[14, 36] Operational Expenses - Fulfillment expenses decreased to RMB 606 million in 2Q25 from RMB 627 million in 2Q24[17] - Sales and marketing expenses increased to RMB 938 million in 2Q25 from RMB 845 million in 2Q24[19] - General and administrative expenses decreased to RMB 115 million in 2Q25 from RMB 130 million in 2Q24[21]

Group 1 - The conference call is regarding Nordson Corporation's third quarter fiscal year 2025 results [2][3] - Key participants in the call include the CEO, CFO, and Vice President of Investor Relations [1][3] - The call will reference non-GAAP financial metrics, with reconciliations provided in the press release [4] Group 2 - The conference call is being broadcast live on the investor website and will be available for 30 days [4] - Forward-looking statements regarding future performance will be made during the call [5]

Group 1 - The Metals Company held its Q2 2025 earnings conference call on August 14, 2025, featuring key participants including the CFO and CEO [1][2]. - The CFO, Craig Shesky, indicated that the call would include forward-looking statements based on management's beliefs and assumptions, which are subject to various risks and uncertainties [3][4]. - The company emphasized that actual results may differ materially from anticipated outcomes and noted that they do not undertake any obligation to update forward-looking statements unless required by law [4]. Group 2 - The conference call was structured to provide a corporate update, with the CEO, Gerard Barron, taking over to present further insights after the CFO's introduction [5].

Core Viewpoint - Biofrontera Inc. is conducting its Second Quarter 2025 Financial Results and Business Update Conference Call, indicating a focus on financial performance and business developments [1]. Company Overview - The conference call is led by key executives including the Chief Financial Officer and the CEO, highlighting the importance of leadership in communicating financial results [1]. - The call is part of a structured financial update, suggesting a commitment to transparency and investor relations [2]. Financial Information - The company will discuss non-GAAP financial measures, which are intended to provide additional insights for investors, although they should not replace GAAP measures [5].