Olympics
Search documents
X @Bloomberg
Bloomberg· 2026-02-06 08:30
The Olympics bring new attention to curling every four years. What makes players stick around is the sport’s accessibility — all you need is a broom and a pair of grippers. https://t.co/TKyEoKC4rd ...
Boardroom CEO Rich Kleiman on the business of NFL's Super Bowl weekend
CNBC Television· 2026-02-05 15:16
your cells running so life stays >> IT'S ALMOST A SUPER BOWL WEEKEND AND JOINS US RIGHT NOW TO TALK ABOUT THE BUSINESS, BOTH ON AND OFF THE FIELD IN THE WORLD OF SPORTS IS RICH KLEIMAN, WHO'S THE BOARDROOM CO-FOUNDER AND CEO, MIGHT HAVE BEEN UP LATE WATCHING THE KNICKS. I DON'T KNOW, I DON'T KNOW. >> I WAS UP LATE.YES, YES. >> ARE YOU ARE YOU EAST COAST OR WEST. >> COAST, MR.KLEIMAN. >> I'M. I'M WEST COAST.I'M IN SAN FRANCISCO ALREADY BRIGHT AND EARLY. >> IT WASN'T THAT LATE. >> FOR YOU OR.>> ACTUALLY. >> Y ...
Hershey(HSY) - 2025 Q4 - Earnings Call Transcript
2026-02-05 13:00
Financial Data and Key Metrics Changes - Total Hershey net sales increased by 7% in Q4 2025, with full-year growth of 4.4% [4][15] - Consolidated net sales for 2025 reached approximately $11.7 billion, reflecting a 4.4% increase year-over-year [15] - Adjusted gross margin for Q4 was 38.3%, a decrease of 650 basis points compared to the previous year, primarily due to commodity inflation and tariff expenses [18] Business Line Data and Key Metrics Changes - North America Confectionery net sales increased by 5.3% in Q4, with net price realization contributing approximately 10 points to growth [16] - North America Salty Snacks segment net sales surged by 28% in Q4, with organic constant currency growth of 18.2% [16] - The international segment saw a slight increase in net sales by 0.4% to $256 million, but organic constant currency net sales declined by 1.9% [17] Market Data and Key Metrics Changes - Retail sales growth in the U.S. salty snacking business accelerated to 15.6% in Q4, resulting in an 11.3% increase for the full year [5] - Hershey's U.S. confection retail sales growth was in line with the category, reflecting strong performance in innovation and holiday programming [4] - The international segment achieved full-year organic constant currency net sales growth of 2.2%, with market share gains in Mexico, Brazil, and the U.K. [6][7] Company Strategy and Development Direction - The company aims to deliver top-line growth at or above market categories, restore margins, and increase investments for sustainable growth in 2027 and 2028 [9] - Strategic priorities for 2026 include driving sustainable top-line growth, restoring margins, and evolving the strategy for future competitiveness [9][12] - The company plans to introduce innovative products and activate major cultural moments to enhance brand presence [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in entering 2026, highlighting the momentum from 2025 and the ability to navigate macroeconomic challenges [3] - The company is monitoring factors such as consumer financial pressure and health trends, which could impact future performance [8] - For 2026, the company expects net sales growth of 4% to 5%, with a focus on innovation and brand investment [20] Other Important Information - The AAA Program has generated over $300 million in net savings over the past two years, with an additional $100 million projected for 2026 [8] - The company completed the acquisition of LesserEvil, enhancing its position in the salty snacks market [19] - Capital expenditures for 2026 are projected to be between $425 million and $475 million, with a focus on technology investments [24] Q&A Session Summary Question: What are the expectations for 2026 net sales growth? - The company expects total net sales growth of 4% to 5% for 2026, with contributions from the acquisition of LesserEvil [20] Question: How is the company addressing commodity inflation? - The company is utilizing agile hedging and sourcing strategies to mitigate the impact of cocoa inflation [8] Question: What are the plans for advertising and brand investment in 2026? - Advertising and related consumer spending are expected to increase by double digits, supporting momentum across the business [22]
Inside the Olympic village for athletes in Milan
NBC News· 2026-02-04 20:21
This is the Olympic Village. This is where about 1,500 athletes who are competing in the Milanbased games. So, speed skating, ice hockey, this is where they're living from around the world.>> The energy is honestly unmatched. It's incredible having the most elite athletes from every discipline around the world in one place. >> It's pretty much called the city within a city.It's very clear where Team USA is staying. It looks like a dorm. >> Spacious rooms.We also have common space. So, as Team USA, we have a ...
Lindsey Vonn pushes toward Olympic return despite ACL injury
NBC News· 2026-02-04 00:49
The 41-year-old skier says she is doing “everything in my power” to return to Olympic competition despite rupturing the ACL in her left knee during a crash last week. NBC News’ Stephanie Gosk reports from Milan. For more context and news coverage of the most important stories of our day, click here: https://www.nbcnews.com » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Subscribe to Here's the Scoop podcast: https://www.nbcnews.com/heres-the-scoop-daily-podcast Every day, NBC News helps people u ...
NBC Sports president on a 'Legendary February' in sports coverage
CNBC Television· 2026-02-02 18:45
I think we're lucky that a lot of the teams are modular. Like the Sunday Night Football team has been on the road for the last 20 weeks doing Sunday night football. They're going to do the Super Bowl and we'll buttress that with other employees.So about 700 employees will be in Santa Clara uh to produce a Super Bowl. Those employees are different than the ones that will be working on the Olympics. About 1,600 employees again will be in Stanford, Connecticut working on the Olympics. About a thousand will be ...
X @The Wall Street Journal
The Wall Street Journal· 2026-02-02 14:08
From the Olympics and the partial government shutdown to Democrat Christian Menefee securing a House seat in Texas, here are five political stories to watch this weekRead more in today’s WSJ Politics Newsletter: https://t.co/T3tLnbtm2n ...
Snowboarder Scotty James on Olympic preparations
CNBC Television· 2026-01-29 20:30
I mean the Olympics always plays such a strong role in I think generally every sport. Um you know when you medal or you win a gold medal in the Olympics you um can be somewhat immortalized as a person you become a superstar. And I think that you know regardless of if um X Games for example was able to you know elevate that or um use those individuals that have been able to achieve those accolades.I do think that X Games is actually, you know, Olympics is every four years, but I do think XG Games is equally ...