Financial Data and Key Metrics Changes - The company anticipates a non-algorithm top and bottom line year for 2026, with cocoa costs moderating significantly, although year-over-year inflation is still expected [7][8] - The long-term revenue growth algorithm is projected at 2% to 4%, with potential upside for EPS growth in 2026 [9][40] Business Line Data and Key Metrics Changes - The everyday CMG business has shown double-digit growth over the past four weeks, indicating strong performance in that segment [16][17] - The core business experienced close to 5% growth in Q3, excluding the impact of new innovations like Reese's Oreo [32] Market Data and Key Metrics Changes - The company noted that Halloween sales have been disappointing, with a slow start to the season, but there are opportunities to learn from consumer insights for future seasons [25][27] - The international segment faced challenges, resulting in a loss-making quarter, but the company remains optimistic about growth and share gains in core markets [87][88] Company Strategy and Development Direction - The company is focused on balanced growth across its portfolio while investing in brands and innovation to recover margins over the long term [9][32] - There is a strong emphasis on innovation, with a robust pipeline planned for 2026 and 2027, particularly in the salty snacks category [32][95] Management's Comments on Operating Environment and Future Outlook - Management acknowledges that the consumer market is challenging, but the category remains resilient, with expectations for continued growth despite pressures [117][120] - The company is optimistic about cocoa costs moderating and potential tariff relief, which could positively impact future performance [42][40] Other Important Information - Cocoa prices are still 70% higher than in 2023, and the company is working closely with retailers to manage pricing strategies effectively [29][30] - The company is investing in digital marketing and innovation to drive performance during key seasons like Halloween and the holidays [35][95] Q&A Session Summary Question: Insights on 2026 expectations and EPS growth - Management discussed the balanced growth and the importance of defining success for 2026, focusing on category growth and margin recovery [8][9] Question: Elasticity and pricing expectations - Management indicated that elasticity is a significant factor for planning, with current expectations being cautiously optimistic [11][12] Question: Halloween sales performance - Management acknowledged a slow start to Halloween but emphasized the importance of learning from consumer insights for future improvements [25][27] Question: International market challenges - Management noted that while the international segment is currently loss-making, they are optimistic about future growth and share gains [87][88] Question: Innovation pipeline for 2026 - Management highlighted the importance of innovation, particularly with successful products like Reese's Oreo, and a strong pipeline for future growth [32][95] Question: Consumer health and SNAP program impacts - Management stated that while consumer sentiment is under pressure, the category remains resilient, and the impact of SNAP changes is expected to be minimal [117][120]

The New York City Marathon is this Sunday. That race attracts athletes from all over the world and CEOs from major brands because of its prestige and global appeal. Joining us right now is one of those CEOs who are flocking here to New York City this weekend.Dan Sheridan is Brooks running CEO and Dan, thanks for coming in. >> Thanks for having me. It's nice to be in New York. >> It's great to have you here.Now, you guys are not an official sponsor of the New York City Marathon. Uh but you do have a lot of p ...

.@LVMPD released their latest Cybertruck police fleet.Cybertrucks are the perfect Police fleet vehicles.Here’s what they said:“These represent something bigger than a police vehicle,” said Sheriff McMahill. “They represent innovation and our continued commitment to serve this community with the best tools available — safely, efficiently, and responsibly. They can handle everything from Fremont Street to Red Rock Canyon.” ...

With the sensitivity of an observer and the courage of an innovator, Shi Yanning reflects on how we make life choices. She believes that the way out of life’s dilemmas isn’t to follow a fixed path, but to dare to create new rules. In this talk, she explores what it means to redefine your journey on your own terms. I'm Shiny – a name that speaks of light. As an INFP navigating the whirlwind of 11th-grade humanities, I experience the world through deep feeling, high sensitivity, and intuition. While it someti ...

[music] Good evening, ladies and gentlemen. Imagine this. Nevada, a vast canyon stretching across the horizon.A rope bridge spans the peaks of two opposing giant mountains. You are standing in the middle. All is going according to plan.You've done the work, covered half the distance. You've only another half to go until you reach the final destination. When in the blink of an eye, disaster strikes.Out of nowhere, a fiery inferno blazes upon the forest of peaks behind you. You pick up your pace, set forward ...

[Music] [Music] About a year ago, I sat across the table from one of the biggest business leaders in St. Louis, the head of a powerhouse nonprofit organization. His name carries serious weight in the startup community.Now, I was the new founding director of the regional tech council, sitting in the big fancy offices of an organization that could eat me for breakfast. Now, just the week prior, we had hosted the very first year of our regional startup pitch competition, where we had taken a hundred local foun ...

Innovation & Creativity - Encourages individuals to embrace multiple passions and combine seemingly disparate fields to foster innovation [7][8] - Highlights the importance of curiosity, patience, and learning from failure in the process of discovery and creation [4] - Emphasizes that diverse perspectives and interdisciplinary collaboration lead to more effective problem-solving [4] Culinary Arts & Entrepreneurship - Food can be a powerful medium for storytelling, connecting people, places, and memories [3] - Restaurants can serve as stages, labs, and cultural archives, blending business with art, science, and tradition [8] - Showcases the integration of indigenous ingredients and traditional techniques with modern approaches in the culinary field [5] Personal Growth & Discovery - Life is not a linear path but a prism through which individual light shines, revealing unique colors and beauty [1][2] - Encourages individuals to discover their unique talents and perspectives, and to challenge conventional norms [9] - The journey of self-discovery illuminates not only oneself but also others [9]

Summary of Cadre Holdings Conference Call on TIR Tactical Acquisition Company and Industry Overview - **Company**: Cadre Holdings, Inc. - **Acquisition Target**: TIR Tactical, a manufacturer of personal protective equipment for military and law enforcement globally - **Industry**: Tactical defense products and personal protective equipment Key Points and Arguments 1. **Acquisition Details**: Cadre is acquiring TIR Tactical to strengthen its safety platform and expand its portfolio in the tactical defense market, which aligns with its M&A strategy of being patient and disciplined [3][4][5] 2. **TIR Tactical Overview**: Founded in 2010, TIR Tactical has established a strong brand in tactical defense products, with a focus on innovation and quality. The company has a revenue of approximately $92.6 million for the year ending December 31, 2024, and is expected to have an immediately accretive margin profile [4][9] 3. **Market Position**: TIR Tactical has a leading market position with minimal overlap with Cadre's existing Safariland armor business, allowing for complementary growth opportunities [11][20] 4. **International Revenue**: Approximately 50% of TIR Tactical's sales come from international markets, with significant relationships in Europe, particularly with Danish and Swedish armed forces [11][25] 5. **Product Offerings**: TIR Tactical's product suite includes advanced tactical gear such as soft armor, hard armor, and tactical nylon, designed for high-risk environments [7][11] 6. **Innovation and Technology**: TIR Tactical has developed proprietary manufacturing technologies and holds 80 patents, with a focus on advanced ballistic materials and ergonomic designs for female operators [12][13] 7. **Growth Potential**: The acquisition is expected to provide growth tailwinds, with opportunities to cross-sell products and expand into new markets [5][27] 8. **Competitive Landscape**: The tactical market in the U.S. includes competitors like Safariland, Pure Tactical, and FirstSpear, while the international market is more crowded with local manufacturers [34] 9. **Financial Metrics**: The acquisition is projected to be margin accretive, with expectations of maintaining a strong EBITDA margin around 20% [29][42] 10. **Integration Plans**: Cadre plans to leverage its operational model to unlock additional opportunities with TIR Tactical, with a focus on maintaining high-quality standards and operational improvements [14][42] Additional Important Information - **Management Continuity**: Jason and Jane Beck, co-founders of TIR Tactical, will remain involved in the business post-acquisition, ensuring continuity and leveraging their expertise [52] - **Contractual Backlog**: TIR Tactical has a different backlog structure compared to Cadre's existing armor business, with a visibility of around six months due to larger military contracts [48] - **Future M&A Strategy**: Cadre has a disciplined approach to M&A, aiming for quality over quantity, and has the capacity to pursue additional acquisitions in the future [36][37] This summary encapsulates the key insights from the conference call regarding Cadre Holdings' acquisition of TIR Tactical, highlighting the strategic rationale, market dynamics, and future growth potential.

Joining us now Adobe chair and co Shantu Nayan. Shantu it's great to have you on the show. Haven't seen you in a little bit.Terrific. >> Thanks for having me Jim. >> Okay so let's talk about uh the opening of the Adobe system.I could say that the integration where I now if I want to use Adobe say and Google it's simple which would to me bring in a whole new group of of uh of users. Well, I think what was incredible uh Jim about Max was the amount of innovation that Adobe uh showcased. Uh when you think abou ...

Financial Performance - The company reported revenues of $5.1 billion, an increase of 4% year over year, driven by strong performance in imaging, AVS, and PDX businesses [8][9] - Adjusted EBIT margin was 14.8%, down 150 basis points year over year, while adjusted EPS was $1.07 per share, down 6% year over year, impacted by approximately $0.16 of tariff effects [9][10] - Free cash flow was $483 million, with a 99% conversion rate, down $168 million year over year due to higher receivables and tariff payments [16][17] Business Segment Performance - Imaging segment organic revenue grew 4% year over year, with a decline in EBIT margin of 260 basis points due to tariff pressures [11] - Advanced Visualization Solutions (AVS) saw organic revenue increase by 6% year over year, with EBIT margin improving by 180 basis points [12] - Patient Care Solutions experienced a 7% decline in organic revenue due to a product hold, with EBIT margin declining by 680 basis points [13][15] - Pharmaceutical Diagnostics reported a strong quarter with sales growing 10% organically, although EBIT margins declined by 150 basis points due to planned investments [16] Market Performance - The company noted robust orders growth of 6% year over year across all segments, with a solid backlog of $21.2 billion [8][9] - Strong performance was particularly noted in EMEA and the U.S., with imaging equipment being a top investment priority for customers [11][12] Company Strategy and Industry Competition - The company is focused on executing its precision care strategy and has increased R&D investments to drive future growth [4][20] - A planned acquisition of icometrix aims to enhance capabilities in Alzheimer's care, integrating digital tools into MR systems [6][20] - The company is committed to innovation, with over $3 billion invested in R&D since 2022, and plans to introduce numerous AI-powered products at RSNA [20][24] Management Commentary on Operating Environment and Future Outlook - Management expressed optimism about the recovery in the Chinese market and the potential for mid-single-digit growth in the medium term [30][33] - The company raised its adjusted EPS guidance for the full year, expecting to deliver between $4.51 and $4.63 per share [18][24] - Despite challenges from tariffs, management remains confident in achieving long-term growth targets and margin expansion [25][93] Other Important Information - The company has mitigated approximately 50% of its 2025 gross tariff exposure and is on track to reduce net tariff impact in 2026 [7][10] - The company is focused on disciplined capital allocation, with a priority on organic growth and evaluating M&A opportunities [17] Q&A Session Summary Question: Insights on growth in China - Management noted improvements in tender activity and ongoing recovery in the Chinese market, with optimism about long-term potential despite recent challenges [30][31] Question: Revenue growth acceleration and targets - Management confirmed confidence in achieving mid-single-digit organic growth, with expectations that stable conditions in China will support this goal [32][33] Question: Performance in Q3 and revenue guidance - Management reiterated full-year revenue guidance, citing strong performance in Q3 driven by AVS and a healthy capital environment [40][41] Question: Update on Furcato and its ramp-up - Management acknowledged a slower ramp-up for Furcato in 2025, prioritizing customer experience and workflow integration, with expectations for significant growth in 2026 [46][48] Question: Photon counting technology and patient care solutions - Management confirmed that photon counting technology is on track for upcoming announcements, while patient care solutions are expected to recover following a product hold [51][55]