Brad Pitt's F1 leading the weekend box office, bringing in over $55 million domestically for the Apple film. A significant milestone given F1 is not part of an existing film franchise. Joining us here on set is Richard Galfon, CEO of IMAX.IMAX accounting for more than 20% of the film's domestic debut. If people aren't watching this film in IMAX, I don't know what they're doing. It's it seems like it's a perfect fit for you.It is. And as a matter of fact, it's an interesting backstory which is over a year ag ...

Chewy, Inc. (CHWY -11.99%) reported its Q1 FY2025 earnings on June 11th, delivering net sales of $3.12 billion (+8.3% year-over-year), adjusted EBITDA of $192.7 million (6.2% adjusted EBITDA margin), and 20.8 million active customers (+3.8% year-over-year). The company exceeded internal forecasts on both growth and profitability, continued disciplined share repurchases, and announced strong incremental progress across core initiatives including AutoShip, Chewy Plus, advertising, and veterinary clinic expans ...

Chewy (CHWY) Q1 2026 Earnings Call June 11, 2025 08:00 AM ET Company Participants Natalie Nowak - Director - IRSumit Singh - CEODavid Reeder - CFOEric Sheridan - Managing DirectorMark Mahaney - Senior Managing DirectorNathan Feather - Equity Research AssociateShweta Khajuria - Managing DirectorSteven Zaccone - Director, Equity Research, Hardlines Retail Conference Call Participants Curtis Nagle - Director - Senior US SMID Cap Internet AnalystDouglas Anmuth - Managing Director & Internet AnalystRupesh Parikh ...

Chewy (CHWY) Q1 2026 Earnings Call June 11, 2025 08:00 AM ET Speaker0 Good morning, everyone, and a warm welcome to Chewy's First Quarter twenty twenty five Earnings Call. My name is Emily, and I'll be coordinating your call today. After the presentation, you'll have the opportunity to ask any questions. I will now hand over to our host, Natalie Nowak, Director of Investor Relations to begin. Natalie, please go ahead. Speaker1 Thank you for joining us on the call today to discuss our first quarter results f ...

BofA Securities analyst Ken Hoexter upgraded ArcBest Corporation ARCB from Underperform to Neutral, raising the price target from $63 to $74.Hoexter noted that ArcBest is showing momentum in gaining market share among core customers, which is helping offset pressure on core yield. Following a 20-minute discussion with CFO Matt Beasley, Hoexter expressed a more positive view of the company's progress within its core LTL operations.Also Read: This Yum! Brands Analyst Turns Bullish; Here Are Top 5 Upgrades For ...

Financial Data and Key Metrics Changes - Net sales reached $7.6 billion, an increase of 4.3% year-over-year, driven by organic growth of 5% and acquisition growth of 1%, despite a 1.7% negative impact from one fewer sales day and foreign exchange [7][19] - Gross margin improved to 31%, up 50 basis points year-over-year, attributed to actions taken to capture value and moderating deflation [20] - Operating profit increased by 6.1% to $715 million, with an operating margin of 9.4%, expanding by 20 basis points [21] - Diluted earnings per share rose by 7.8% to $2.5, supported by operating profit growth and share repurchases [9][21] Performance by Business Lines - HVAC customer group saw a 10% revenue increase, primarily due to focused growth initiatives [12][15] - Residential trade plumbing revenues declined by 1%, consistent with recent trends, while repair and maintenance performed better [12] - Waterworks revenue grew by 12%, driven by public works and municipal activities [13][16] - Commercial Mechanical revenue increased by 10%, with strong activity in large capital projects [14] Performance by Markets - U.S. net sales grew by 4.5%, with organic growth of 5% and a 1% contribution from acquisitions [23] - Canadian net sales were down 0.3%, with organic growth of 3% offset by foreign exchange impacts [23] - Non-residential end markets showed stronger growth, particularly in large capital projects, with a 7% increase in revenue [11][23] Company Strategy and Industry Competition - The company continues to invest in key growth areas, including HVAC, Waterworks diversification, and large capital projects, while streamlining operations to enhance efficiency [31][32] - The launch of Ferguson Home aims to provide a seamless omnichannel experience for customers, integrating showroom and digital channels [17] - The competitive landscape remains challenging, but the company has managed to balance market share gains with gross margin improvements through strategic pricing and sales management [105] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in medium-term market conditions despite a dynamic and uncertain environment [9][28] - The company updated its full-year guidance to low to mid-single-digit revenue growth, reflecting strong performance in the third quarter [28] - Management noted that deflation moderated ahead of expectations, contributing to improved gross margins [31] Other Important Information - The company completed three acquisitions during the quarter, enhancing its market position [27] - A nonrecurring business restructuring charge of $68 million was incurred, expected to yield $100 million in annualized cost savings [21][78] - The company returned $759 million to shareholders through share repurchases year-to-date, reducing share count by approximately 4.1 million [27] Q&A Session Summary Question: How much of the organic volume strength is attributed to internal initiatives versus market improvement? - Management attributed the 5% organic growth to internal initiatives, particularly in non-residential markets, and noted that the market is expected to improve in the coming years [36] Question: What factors contributed to the strong gross margin of 31%? - Management indicated that the strong gross margin was due to actions taken in pricing strategy and moderating deflation, with expectations for margins to remain above 30% in the fourth quarter [38][39] Question: How is bidding activity progressing in the commercial industrial sector? - Management reported strong bidding activity, particularly in data centers, and noted that open order volumes in commercial mechanical continue to grow [45][46] Question: How is the company managing price increases in the current tariff environment? - Management emphasized a focus on value rather than price competition, with a strategy to work closely with customers to ensure project completion on time and budget [48][51] Question: Can you provide insights on the Waterworks business growth and bidding activity? - Management highlighted strong growth in Waterworks, particularly in public works and wastewater treatment, and noted supportive bidding activity in residential new construction [60][62] Question: What is the timeline for realizing benefits from the restructuring program? - Management indicated that the restructuring is largely complete, with expectations for operational improvements and cost savings to materialize in the near term [78]

Core Insights - Medtronic plc is expanding its global presence in the Cardiovascular business, which is expected to support growth in upcoming quarters [1] - The company is gaining market share in Neuroscience, particularly in Cranial and Spinal technologies, aided by strong growth and competitor exits [1] - International expansion remains robust, contributing significantly to revenue growth [1] Cardiovascular Business - Medtronic's cardiac rhythm management segment continues to lead the market, driven by strong performance in Defibrillation Solutions and cardiac pacing therapies [3] - The fiscal third quarter of 2025 saw the cardiovascular portfolio grow in the mid-single digits, with the Cardiac Ablation Solutions business achieving 22% growth [4] - The next-generation Micra AV2 and VR2 leadless pacemakers are key drivers of growth as they penetrate new and existing markets [3] Neuroscience Portfolio - The Neuroscience portfolio, particularly Cranial and Spinal technologies, is experiencing strong growth, with Medtronic gaining market share as competitors exit the market [5] - In Neuromodulation, the Inceptiv spinal cord stimulator drove 12% growth in the fiscal third quarter, while brain modulation saw 15% global growth and 26% growth in the U.S. [6] International Expansion - Nearly 49% of Medtronic's revenues were generated internationally in the third quarter of fiscal 2025, with emerging markets growing in high-single digits [7] - Significant growth was noted in India (high-teens), Eastern Europe (mid-teens), and low-double-digit growth in Southeast Asia, the Middle East, and Africa [9] Financial Performance - Medtronic has a market capitalization of $108.05 billion and an earnings yield of 6.92%, significantly higher than the industry's yield of 0.05% [2] - The Zacks Consensus Estimate for fiscal 2025 earnings per share (EPS) is $5.46, with revenues estimated at $33.48 billion, reflecting a 3.4% increase from the previous year [12]

Dixie Group (DXYN) Q1 2025 Earnings Call May 09, 2025 10:00 AM ET Company Participants Daniel Frierson - Chairman & CEOAllen Danzey - VP & CFO Conference Call Participants None - Analyst Operator Good day, and welcome to the Dixie Group Incorporated's twenty twenty five First Quarter Earnings Conference Call. Today's call is being recorded. At this time for opening remarks and introductions, I would like to turn the call over to the Chairman and Chief Executive Officer, Dan Frierson. Please go ahead. Daniel ...

Financial Data and Key Metrics Changes - The company reported strong growth in net revenue, maintaining the rapid pace achieved in 2024, with income from operations growing faster than revenue, particularly in Argentina [4][5][23] - Monthly active users reached 64 million, growing over 30% year on year [7] - EBIT margin improved by 70 basis points year on year, from 12.2% to 12.9% [96] Business Line Data and Key Metrics Changes - In Argentina, GMV growth was 126% year on year, with items sold increasing by 52% [20][23] - The supermarket category grew 65% year on year, outpacing other categories [31] - The fintech segment continues to expand, with a focus on democratizing financial services and increasing user engagement [7][11] Market Data and Key Metrics Changes - Brand preference metrics for the marketplace reached all-time highs in Brazil, Mexico, Argentina, and Chile [5] - The credit book in Argentina grew significantly, with assets under management increasing by 69% year on year [23][56] Company Strategy and Development Direction - The company aims to enhance its value proposition through strategic investments in both commerce and fintech, focusing on long-term growth opportunities in Latin America [5][4] - The rebranding of MercadoPago to align with the company's ecosystem is intended to strengthen user relationships and improve brand recognition [11][12] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the stabilization of the macroeconomic environment in Argentina, which has positively impacted credit performance and profitability [22][24] - The company is cautious about competition but sees opportunities arising from new entrants in the e-commerce space, which could bring new users online [116][118] Other Important Information - The company is focused on logistics as a key enabler for growth, with ongoing investments in fulfillment centers [44][45] - The fintech sector is expected to continue growing, with a strong emphasis on user retention and engagement through innovative financial products [59][90] Q&A Session Summary Question: Sustainability of trends in Argentina - Management noted strong growth in Argentina driven by recovery in demand and market share gains, with a focus on enhancing the value proposition [20][24] Question: Growth drivers in 1P GMV - The company highlighted strong performance across various categories, with supermarket growth being particularly notable [30][31] Question: Contribution margin evolution in Argentina - Management attributed the high contribution margin to growth in commerce and fintech, along with improved efficiencies [50][51] Question: Asset quality trends - The company reported strong asset quality in Argentina, with low delinquencies and a growing credit portfolio [56][57] Question: Strategy regarding deposits in Brazil - The focus is on marketing and positioning as a leading digital bank, with a recent campaign to enhance brand awareness [59][62] Question: Credit business appetite and funding strategy - Management confirmed a healthy credit portfolio with no deterioration, while also being cautious about risk [65][69] Question: Impact of competition from TikTok and other platforms - The company is monitoring new entrants closely but believes they may bring new users to the online marketplace [116][118]

Fastly (FSLY) Q1 2025 Earnings Call May 07, 2025 04:30 PM ET Company Participants Vernon Essi - VP of IRTodd Nightingale - CEO and DirectorRon Kisling - CFOParam Singh - Executive DirectorSanjit Singh - Executive DirectorRishi Jaluria - Managing DirectorRobert Palmisano - Senior Equity Research Associate Conference Call Participants Jonathan Ho - Research AnalystJames Fish - MD & Senior Research AnalystMadeline Brooks - AnalystRudy Kessinger - Managing Director - Senior Equity Research Analyst Operator Good ...