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Helen of Troy(HELE) - 2026 Q2 - Earnings Call Transcript
2025-10-09 14:02
Helen of Troy (NasdaqGS:HELE) Q2 2026 Earnings Call October 09, 2025 09:00 AM ET Company ParticipantsScott Uzzell - CEOOlivia Tong - Managing DirectorRobert Labick - PresidentAnne Rakunas - Director of External CommunicationsBrian Grass - CFOTracy Schuerman - Assistant CFOSusan Anderson - Managing DirectorConference Call ParticipantsPeter Grom - Equity Research AnalystRupesh Parikh - Senior Equity Research AnalystOperatorGreetings.Welcome to Helen of Troy's second quarter fiscal 2026 earnings call. At this ...
Helen of Troy(HELE) - 2026 Q2 - Earnings Call Transcript
2025-10-09 14:02
Helen of Troy (NasdaqGS:HELE) Q2 2026 Earnings Call October 09, 2025 09:00 AM ET Company ParticipantsScott Uzzell - CEOOlivia Tong - Managing DirectorRobert Labick - PresidentAnne Rakunas - Director of External CommunicationsBrian Grass - CFOTracy Schuerman - Assistant CFOSusan Anderson - Managing DirectorConference Call ParticipantsPeter Grom - Equity Research AnalystRupesh Parikh - Senior Equity Research AnalystOperatorGreetings.Welcome to Helen of Troy's Second Quarter Fiscal 2026 earnings call. At this ...
Helen of Troy(HELE) - 2026 Q2 - Earnings Call Transcript
2025-10-09 14:00
Helen of Troy (NasdaqGS:HELE) Q2 2026 Earnings Call October 09, 2025 09:00 AM ET Speaker7Greetings.Speaker0Welcome to Helen of Troy's second quarter fiscal 2026 earnings call. At this time, all participants are in listen-only mode. The question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press 0 from your telephone keypad. Please note that this conference is being recorded. I'll now turn the conference over to Anne Rakuna ...
Helen of Troy(HELE) - 2026 Q2 - Earnings Call Presentation
2025-10-09 13:00
Q2 Fiscal 2026 Results - Net sales decreased by 8.9% to $431.8 million compared to $474.2 million in Q2 FY25 [18, 19] - Organic net sales decreased by 16.0%, with approximately 30% decline driven by tariff-related trade disruptions [19] - Adjusted diluted EPS declined 51.2% to $0.59 compared to $1.21 in Q2 FY25 [18, 19] - Adjusted EBITDA margin decreased by 340 basis points to 8.4% compared to 11.8% in Q2 FY25 [18, 19] - Gross margin decreased by 140 basis points to 44.2% compared to 45.6% in Q2 FY25 [18, 19] Tariff-Related Impacts and Mitigation - Approximately 53% of the consolidated net sales decline was tariff-related [30] - The company expects the unmitigated tariff impact to be less than $20 million in Fiscal Year 2026 [35] - The company is implementing a supplier diversification plan to reduce ongoing exposure to China tariffs, aiming for approximately 25% to 30% of consolidated Cost of Goods Sold (COGS) by the end of Fiscal Year 2026 [37] FY26 Outlook - The company expects net sales to be in the range of $1.739 billion to $1.780 billion, a decline of 8.8% to 6.7% [41] - Adjusted diluted EPS is expected to be in the range of $3.75 to $4.25, a decline of 47.7% to 40.7% [41] - The company anticipates interest expense in the range of $56 million to $57 million and a non-GAAP adjusted effective tax rate range of 15% to 16% [43]
Build-A-Bear CEO's success: ‘5th consecutive year of record revenue'
Youtube· 2025-09-27 06:00
Core Viewpoint - President Trump's new tariffs on furniture, trucks, and pharmaceuticals are causing concern among companies, but Build-A-Bear has successfully navigated these challenges, resulting in significant stock performance [1][2]. Company Performance - Build-A-Bear's stock has increased by over 2,700% over the past five years, outperforming major tech companies like Palantir, Nvidia, and Microsoft [2]. - The company is on track for its fifth consecutive year of record revenue and profitability, showcasing resilience in a challenging retail environment [7]. Brand Strength and Strategy - Build-A-Bear has a powerful brand with 96% unaided awareness and strong customer affinity, allowing it to monetize its brand across various revenue streams [3]. - The company has expanded its presence beyond traditional mall retailing into hotels and theme parks, and it operates in 32 countries [3][4]. Tariff Exposure Management - Build-A-Bear's exposure to tariffs is estimated to be around $11 million for the current year, despite sourcing many products from countries affected by the tariffs [5]. - The company has managed to frontload inventory before tariffs impacted the toy industry, allowing it to mitigate potential losses [6]. Financial Health - Build-A-Bear has a clean balance sheet with good cash flow and no debt, providing flexibility to navigate financial challenges [10]. - The company has diversified its product portfolio, allowing for strategic price increases while maintaining an approachable entry-level price point for consumers [10][11]. Customer Engagement - Build-A-Bear offers unique experiences, such as the "pay your age" birthday promotion, which enhances customer engagement and loyalty [12]. - The brand has evolved to cater to a broader audience, including adults celebrating various life events, thus expanding its market reach [14].
Apogee Bets on Momentum in Segments & Pricing Actions Amid High Costs
ZACKS· 2025-09-25 15:26
Key Takeaways Apogee's Architectural Services segment delivered growth and margin expansion into FY26.APOG lifted FY26 guidance, projecting $1.40-$1.44B in revenues and EPS of $3.80-$4.20.The $242M UW Solutions acquisition is set to add $100M sales in FY26 with a 20% EBITDA margin.Apogee Enterprises, Inc. (APOG) has been benefiting from the strong performance of its Architectural Services segment, which is gaining from improved pricing and product mix. The company's ongoing efforts to reduce costs and enhan ...
Tommy Bahama Owner Oxford Stock Pops on Strong Profit, Positive Q3 Same-Store Sales
Yahoo Finance· 2025-09-11 14:13
Core Viewpoint - Oxford Industries exceeded earnings estimates and provided a positive outlook for current-quarter sales by implementing strategies to mitigate tariff impacts [1][5]. Financial Performance - The company reported second-quarter adjusted earnings per share of $1.26, surpassing analysts' expectations of $1.18 [2]. - Sales decreased by 4% year-over-year to $403.1 million, falling short of estimates [2]. Strategic Actions - CEO Tom Chubb highlighted that the strong profit was due to diversifying sourcing, pulling inventory receipts forward, and careful pricing adjustments to offset tariff impacts [3]. - The company's Emerging Brands segment saw a sales increase of 17% to $38.5 million, while sales declined for its major brands: Tommy Bahama (-6.6%), Lilly Pulitzer (-1.5%), and Johnny Was (-9.7%) [3]. Market Outlook - Chubb expressed encouragement regarding positive comparable store sales performance in the third quarter, describing it as "modestly positive in the low single-digit range" [4]. - The company indicated that without proactive measures, it would face $80 million in tariff costs this year, yet it maintained its sales and adjusted EPS guidance [4]. Stock Performance - Following the earnings report, shares of Oxford Industries surged over 20%, although the stock has lost more than a third of its value year-to-date [1][4].
Oxford Industries outlines $1.475B–$1.515B full-year sales target as tariff mitigation and brand innovation take shape (NYSE:OXM)
Seeking Alpha· 2025-09-11 00:28
Core Insights - The earnings call insights are derived from earnings call transcripts and other content available on the Seeking Alpha website, generated by an AI tool without editorial review [1] Group 1 - The insights are intended for informational purposes only and do not account for individual financial situations or objectives [1] - Seeking Alpha does not provide personalized investment advice and is not a licensed securities dealer or investment adviser [1]
Oxford Industries(OXM) - 2026 Q2 - Earnings Call Transcript
2025-09-10 21:32
Oxford Industries (NYSE:OXM) Q2 2026 Earnings Call September 10, 2025 04:30 PM ET Company ParticipantsTom Chubb - Chairman and CEOScott Grassmyer - CFO and COOBrian Smith - Head of Corporate Controls and Financial ReportingConference Call ParticipantsAshley Owens - AnalystJanine Stichter - AnalystTracy Kogan - AnalystJoseph Civello - AnalystDana Telsey - AnalystMauricio Serna - AnalystOperatorWelcome to Oxford Industries, Inc.'s second quarter fiscal 2025 earnings conference call. At this time, all particip ...
Oxford Industries(OXM) - 2026 Q2 - Earnings Call Transcript
2025-09-10 21:30
Financial Data and Key Metrics Changes - In Q2 fiscal 2025, consolidated net sales were $403 million, down from $420 million in Q2 fiscal 2024, aligning with guidance of $395 to $415 million [15] - Adjusted gross margin contracted by 160 basis points to 61.7%, impacted by approximately $9 million in increased cost of goods sold due to tariffs [17] - Adjusted SG&A expenses increased by 5% to $224 million compared to $213 million last year, primarily due to higher employment and occupancy costs [18] - Adjusted operating profit was $28 million, reflecting a 7% operating margin, down from $57 million and 13.5% in the prior year [18] - Adjusted net earnings per share were $1.26, compared to $6.68 in the previous year [19][28] Performance by Business Line - Lilly Pulitzer posted a low single-digit positive comp, while total sales were down modestly due to lower wholesale sales [16] - Tommy Bahama experienced a high single-digit negative comp, with performance below expectations, particularly in Florida [16][8] - Johnny Was faced low double-digit negative comp, with ongoing challenges in performance [16][10] - Emerging Brands Group showed solid revenue growth, contributing positively to overall sales [11] Market Data and Key Metrics Changes - Sales in full-price brick-and-mortar locations decreased by 6%, with a negative comp of 7% [15] - E-commerce sales declined by 2%, while outlet sales decreased by 4% [15] - Food and beverage locations performed better, showing modest sales growth year over year [15] Company Strategy and Industry Competition - The company is focused on mitigating tariff exposure through supply chain shifts and early product deliveries [12] - Plans to open three new Marlin Bar locations and approximately 15 full-price stores by year-end [12] - The company aims to maintain brand authenticity and customer happiness to navigate the challenging retail environment [14] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the pressured macroeconomic environment but expressed confidence in the company's ability to adapt [4] - Early signs in Q3 show modestly positive comp sales, indicating that adjustments made are beginning to yield results [13] - The company expects flat to modestly positive comp sales for the remainder of the year, with net sales projected between $1.475 billion and $1.515 billion [23] Other Important Information - Inventory increased by $27 million or 19% on a LIFO basis, primarily due to tariff impacts [20] - Long-term debt decreased to $81 million from $118 million last quarter [21] - Capital expenditures for the year are expected to be approximately $121 million, primarily for the distribution center and new store openings [30] Q&A Session Summary Question: What is driving the strength in comparable store sales performance? - Management noted that all brands contributed positively, with Lilly Pulitzer showing continued strength and Tommy Bahama improving from previous quarters [34] Question: How are promotions being planned for the back half of the year? - Promotions will follow historical patterns, with a focus on maintaining price and brand integrity while moving inventory [36][39] Question: How is pricing evolving in response to tariffs? - The company is implementing selective price increases on an item-by-item basis, with a focus on covering gross margin dollars [48][50] Question: What is the competitive environment like regarding tariffs? - The company is gaining market share in wholesale channels, with positive feedback from wholesale accounts regarding pricing strategies [60] Question: What are the expectations for capital expenditures in fiscal 2026 and beyond? - The ongoing capital expenditure rate is expected to be around $75 million after the completion of the Lions project [96]