Pool Corp (NasdaqGS:POOL) Q3 2025 Earnings Call October 23, 2025 11:00 AM ET Company ParticipantsGarik Shmois - Managing DirectorNone - Company RepresentativeJeff Hammond - Managing DirectorPeter Arvan - President and CEOMelanie Hart - SVP and CFOSteve Forbes - Managing DirectorDavid McGregor - PresidentScott Schneeberger - Managing directorSusan Maklari - Senior Equity ResearchConference Call ParticipantsSam Reid - Equity AnalystCollin Verron - Equity Research AnalystDavid Manthey - Senior Research Analyst ...

Core Points - Carlsberg is investing £20 million ($40.1 million) in a new soft drinks canning line at its Rugby factory in the UK to significantly increase production capacity [1][2] - The new canning line will create over 30 permanent, full-time jobs, bringing the total number of employees at the Rugby site to more than 430 [2] - The Rugby facility will increase its production capacity from 560,000 to 610,000 canned soft drinks per hour, enabling the production of brands like Tango and Pepsi Max [1][3] Investment Strategy - This investment is part of Carlsberg's broader strategy to enhance its supply chain and production capabilities [2][3] - The total investment in the Rugby site over the past five years has exceeded £60 million [3] - The company is also focusing on operational efficiency and reducing carbon emissions, supported by a government grant for sustainability initiatives [4] Market Expansion - Carlsberg Britvic has signed an exclusive deal with an undisclosed retailer and is preparing to launch the US prebiotic soda brand Poppi in the UK within the next four months [5][6] - The new supply chain setup is expected to support the launch of Poppi, although it is not confirmed if the products will be produced locally or shipped from elsewhere [6]

Core Insights - Nvidia and Broadcom's supply chains are reported to be in strong condition, with upward revisions expected for chip-on-a-wafer-substrate supply according to KeyBanc Capital Markets [2] - Nvidia is revising its demand for chip-on-a-wafer-substrate to 370K interposers for this year, indicating a modest increase [2]

Core Insights - H&M experienced a significant increase in operating profit for Q3 2025, rising by 40% to Skr4.91bn ($518.9m), with an operating margin of 8.6% [1] - The company reported a gross profit of Skr30.14bn, resulting in a gross margin of 52.9%, an increase from 51.1% in the same quarter of the previous year [2] - Cash flow from operating activities improved to Skr9.98bn, up from Skr8.21bn a year earlier, primarily due to lower stock-in-trade [4] Sales and Store Performance - Sales in local currencies grew by 2% despite a 4% reduction in the number of stores [1] - The optimization of the store portfolio negatively impacted short-term sales due to the closure of less profitable stores, although new, more profitable stores are being opened [2] Cost Management and Margins - Selling and administrative expenses decreased by 5% to Skr25.17bn, with a 1% decline in local currencies [4] - Improvements in the supply chain and favorable external factors contributed to the enhanced gross margin, alongside exchange rate gains [3] Tax and Earnings - The result after tax increased to Skr3.21bn, or Skr2.01 per share, compared to Skr2.31bn or Skr1.44 per share in 2024 [3] - The company noted that cash flow was positively affected by lower stock-in-trade but negatively impacted by higher tax payments and lower operating liabilities [4]

Core Insights - A.P. Møller - Mærsk A/S reported a strong performance in the first half of 2025, attributed to operational improvements and the launch of the Gemini Cooperation [1] - The new East-West network has enhanced reliability and set new industry standards, contributing to increased volumes in the Ocean business [1] - Despite market volatility and uncertainties in global trade, demand has remained resilient, with the company adapting quickly to customer needs [1] Financial Performance - The interim report for Q2 2025 highlights the company's operational success and strategic initiatives [2] Strategic Initiatives - The Gemini Cooperation and the East-West network are key components of the company's strategy to improve service reliability and operational efficiency [1] - The company emphasizes its commitment to helping customers build adaptable supply chains to navigate disruptions [1]