Hayward Holdings, Inc. (NYSE:HAYW) Q4 2024 Earnings Conference Call February 27, 2025 9:00 AM ET Company Participants Kevin Maczka - VP of IR and FP&A Kevin Holleran - President and CEO Eifion Jones - SVP and CFO Conference Call Participants Nigel Coe - Wolfe Research Saree Roroditsky - Jeffries Andrew Carter - Stifel Mike Holler - Baird David Tarantino - KeyBanc Nick Cash - Goldman Sachs Rafe Jadorschic - Bank of America Operator Welcome to Hayward Holdings, Inc. fourth quarter 2024 Earnings call. My name ...

HEICO Corporation (NYSE:HEI) Q1 2025 Earnings Conference Call February 27, 2025 9:00 AM ET Company Participants Laurans Mendelson - Chairman and CEO Eric Mendelson - Co-Presidents Victor Mendelson - Co-Presidents Carlos Macau - Executive Vice President and CFO Conference Call Participants Pete Lucas - CJS Securities Sheila Kahyaoglu - Jefferies Noah Poponak - Goldman Sachs Scott Mikus - Melius Research Jan Engelbrecht - Baird Tony Bancroft - Gabelli Funds Scott Deuschle - Deutsche Bank Josh Korn - Barclays ...

Urban Outfitters, Inc. (NASDAQ:URBN) Q4 2025 Earnings Conference Call February 26, 2025 5:15 PM ET Company Participants Oona McCullough - Executive Director, Investor Relations Richard Hayne - Chief Executive Officer and Chairman Frank Conforti - Co-President and Chief Operating Officer Dave Hayne - Chief Technology Officer and President, Nuuly Sheila Harrington - Global Chief Executive Officer, Urban Outfitters and Free People Groups Melanie Marein-Efron - Chief Financial Officer Shea Jensen - President, U ...

APi Group Corporation (NYSE:APG) Q4 2024 Earnings Conference Call February 26, 2025 8:30 AM ET Company Participants Adam Fee - Vice President, Investor Relations Russell Becker - President and Chief Executive Officer David Jackola - Interim Chief Financial Officer Conference Call Participants David Paige - RBC Capital Markets Kathryn Thompson - Thompson Research Group Tim Mulrooney - William Blair Josh Chan - UBS Harold Antor - Jefferies Andy Wittmann - Baird Jon Tanwanteng - CJS Securities Operator Good mo ...

Financial Data and Key Metrics Changes - The company achieved a non-GAAP EPS growth of 31% year-over-year, reaching $9.43, supported by a 200 basis points gross margin expansion to 44.4% [7][39] - Free cash flow for 2024 was $173 million, equating to $14.70 per share, allowing for $239 million in share repurchases [8][39] - Fourth quarter gross margin was 39.9%, an increase of 230 basis points year-over-year, marking the highest fourth quarter gross margin since 2020 [41] Business Line Data and Key Metrics Changes - Depletions in the fourth quarter were flat, with shipments decreasing by 0.5%, primarily due to declines in Truly Hard Seltzer, offset by growth in Twisted Tea, Sun Cruiser, and Hard Mountain Dew [40] - Twisted Tea maintained an 84% market share in the hard tea category, contributing over 50% of the dollar growth in that category in 2024 [20] - The Truly portfolio has been repositioned to focus on light flavors, with the higher ABV Truly Unruly performing above expectations [24] Market Data and Key Metrics Changes - The hard seltzer category faced headwinds, with category dollars down 4% in the fourth quarter [23] - The company noted that the beer category remains relevant, with significant growth opportunities in the "beyond beer" segment as consumer preferences evolve [8][9] Company Strategy and Development Direction - The company plans to increase advertising investments across its portfolio to improve market share and support the national launch of Sun Cruiser [10][12] - Strategic priorities for 2025 include nurturing core brands, developing margin-accretive innovations, and modernizing the supply chain while driving efficiency [17] - The company is focusing on a disciplined approach to innovation, particularly with the launch of vodka-based hard tea Sun Cruiser and the expansion of Samuel Adams [18][27] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the impact of inflation on consumer behavior and increased competition in the "beyond beer" category [8][9] - The company expressed confidence in its strategy and team, emphasizing the importance of operational execution for long-term sustainable growth [12][36] - The 2025 financial guidance anticipates a range of outcomes due to the dynamic consumer demand environment [12][53] Other Important Information - The company reported a non-GAAP loss per diluted share of $1.68, primarily due to increased advertising and promotional expenses [45] - Capital expenditures for 2025 are expected to be between $90 million and $110 million, focusing on brewery capabilities and efficiencies [57] Q&A Session Summary Question: Can you elaborate on the new compensation plan? - The new compensation plan aligns incentives with business objectives, encouraging equal effort across all brands rather than focusing solely on volume [60][62] Question: How is beer demand starting the year? - The company is starting from a flat depletion point, with some brands like Twisted Tea facing challenges, but overall, they are satisfied with the beginning of the year [74][75] Question: What is the growth outlook for Twisted Tea? - The company is planning for single-digit growth for Twisted Tea, focusing on increasing advertising and introducing new products to attract new drinkers [108][110] Question: How is the company addressing health and wellness concerns? - The company is actively advocating for the alcohol industry and monitoring health trends, acknowledging potential shifts in consumer behavior [106][128] Question: What is the impact of cannabis beverages on the alcohol market? - While cannabis beverages are a potential threat, the company has not yet seen a significant impact on its portfolio and is prepared to enter the market if opportunities arise [87][92]

Amer Sports, Inc. (NYSE:AS) Q4 2024 Earnings Call February 25, 2025 8:00 AM ET Company Participants Omar Saad - Senior Vice President, Capital Markets and Investor Relations James Zheng - Chief Executive Officer Andrew Page - Chief Financial Officer Stuart Haselden - Chief Executive Officer, Arc’teryx Conference Call Participants Lorraine Hutchinson - Bank of America Matthew Boss - JPMorgan Brooke Roach - Goldman Sachs Paul Lejuez - Citi Laurent Vasilescu - BNP Paribas Michael Binetti - Evercore John Kernan ...

Kaiser Aluminum (KALU) Q4 2024 Earnings Call February 20, 2025 12:00 PM ET Company Participants Kimberly Orlando - Senior Managing DirectorKeith Harvey - CEO, President & DirectorNeal West - EVP and CFO Conference Call Participants Bill Peterson - AnalystTimna Tanners - Analyst Operator Greetings, and welcome to the Kaiser Aluminum Corporation Fourth Quarter twenty twenty four Earnings Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow the fo ...

Hanesbrands Inc. (NYSE:HBI) Q4 2024 Earnings Conference Call February 13, 2025 8:30 AM ET Company Participants T.C. Robillard - VP, IR Steve Bratspies - CEO Scott Lewis - CFO Conference Call Participants Paul Kearney - Barclays Capital Aditya Kulkarni - UBS Paul Lejuez - Citi Ike Boruchow - Wells Fargo Peter McGoldrick - Stifel William Reuter - Bank of America Carla Casella - JPMorgan Operator Good day, and thank you for standing by. Welcome to the Hanesbrands' Fourth Quarter 2024 Earnings Conference Call. ...

ITT (ITT) Q4 2024 Earnings Call February 06, 2025 09:30 AM ET Company Participants Mark Macaluso - Vice President of Investor Relations & Global CommunicationsLuca Savi - CEO and PresidentEmmanuel Caprais - Senior VP & CFOMichael Halloran - Associate Director of ResearchJeffrey Hammond - Managing DirectorScott Davis - CEO & ChairmanDamian Karas - Executive DirectorNathan Jones - Managing DirectorJoseph Giordano - Managing DirectorBrad Hewitt - VP - Equity Research Conference Call Participants Joseph Ritchie ...

Boot Barn (BOOT) Q3 2025 Earnings Call January 30, 2025 04:30 PM ET Company Participants Mark Dedovesh - Senior VP of Investor Relations & FinanceJohn Hazen - Interim Chief Executive OfficerJim Watkins - CFO & SecretaryMax Rakhlenko - Managing DirectorEthan Saghi - Equity Research AssociateCorey Tarlowe - SVP - Equity Research Conference Call Participants Matthew Boss - Equity Research AnalystPeter Keith - Managing Director & Senior Research AnalystSteven Zaccone - AnalystJeremy Hamblin - Senior Research An ...