Compass Diversified (NYSE:CODI) Q3 2025 Earnings call January 14, 2026 05:00 PM ET Company ParticipantsBen Tapper - VP of Investor RelationsStephen Keller - Managing DirectorElias Sabo - CEOConference Call ParticipantsChris Kennedy - AnalystLawrence Solow - AnalystLance Vitanza - AnalystMatt Koranda - AnalystPat Maciariello - AnalystTimothy DeAgostino - AnalystOperatorAt this time, I would like to turn the call over to Ben Tapper, Vice President, Investor Relations. Ben, please go ahead.Ben TapperThank you, ...

Compass Diversified (NYSE:CODI) Q3 2025 Earnings call January 14, 2026 05:00 PM ET Speaker0At this time, I would like to turn the call over to Ben Tapper, Vice President, Investor Relations. Ben, please go ahead.Speaker2Thank you, and welcome to Compass Diversified's third quarter 2025 conference call. Representing the company today are Elias Sabo, Cody's Chief Executive Officer, and Stephen Keller, Cody's Chief Financial Officer. We are also joined by Zach Sawtelle, Chief Operating Officer for Compass Grou ...

Financial Data and Key Metrics Changes - Net sales grew 23% year over year to $22.7 million in Q4 2025, with full-year revenue increasing 24% to $80.6 million compared to fiscal 2024 [4][5][19] - Gross profit margin for Q4 was 37%, exceeding the 30% target, and for the full year, it was 33%, up from 29% in the prior year [4][5][18][19] - Adjusted EBITDA for Q4 was $2.6 million, compared to $908,000 in Q4 2024, and for the full year, it was $6.1 million, a significant increase from $838,000 in fiscal 2024 [18][19][21] Business Line Data and Key Metrics Changes - The company has shifted from being a product seller to a technology solutions provider, which has diversified its customer base and end markets [6][7] - Key initiatives include deepening relationships with existing customers, leveraging successes in established markets to penetrate new ones, and expanding value propositions for channel partners [8][10] Market Data and Key Metrics Changes - Demand in targeted end markets, including aerospace, stadiums, and transportation, remains strong, with over 130 projects supported in these categories [14][15] - The aerospace and defense market continues to perform well, driven by collaboration with customers to meet stringent requirements [15] Company Strategy and Development Direction - The company aims to diversify end markets, drive customer penetration, and launch new products to sustain strong sales growth and profitability in fiscal 2026 [6][11] - The focus is on operational excellence and innovation aligned with market demand, with a disciplined approach to resource allocation [16][17] Management's Comments on Operating Environment and Future Outlook - Management acknowledges uncertainties in the overall environment but remains confident in executing the long-term strategic plan [6][12] - The expectation for fiscal 2026 is another year of growth, with a similar trajectory to fiscal 2025, despite anticipated seasonality in Q1 [28][29] Other Important Information - The company reduced net debt by $4.6 million compared to last year, with a current ratio of approximately 1.7 to 1 [21][22] - Inventory levels were managed down to $13.7 million from $14.7 million last year, reflecting operational excellence [22][23] Q&A Session Summary Question: Growth trajectory for fiscal 2026 - Management expects another year of growth, with Q1 likely being the lowest quarter of the year due to seasonality [28][29] Question: Breakdown of gross margin expansion - The gross margin increase is attributed to a combination of product mix and higher sales volume, with significant cash flow impact as sales exceed $20 million [31][32] Question: Cost increases and mitigation strategies - Cost increases are nominal and include labor and benefits, with some mitigation possible through pricing and improved sales numbers [38][39] Question: Revenue contribution from diversified markets - Approximately 50% of sales now come from telecom and wireless, with the remaining from transportation, aerospace, and other sectors [53][54] Question: Backlog and bookings analysis - Backlog is expected to hit a low point in Q1 and then increase as project-based work resumes, with Q4 bookings aligning with expectations [55][56][59]

RF Industries (NasdaqGM:RFIL) Q4 2025 Earnings call January 14, 2026 04:30 PM ET Company ParticipantsPeter Yin - CFODonni Case - Head of Investor RelationsHoward Root - Retired CEO and Co-FounderRay Bibisi - President and COORob Dawson - CEOConference Call ParticipantsSteve Kohl - AnalystMatthew Maus - Equity Research AnalystOperatorPlease note, this conference is being recorded. I will now turn the conference over to your host, Donnie Case, Investor Relations. You may begin.Donni CaseThank you, John, and g ...

Financial Data and Key Metrics Changes - Revenue for Q1 2026 was $8.3 million, a decrease of 7% compared to $9.3 million in Q1 2025 [13] - Gross operating profit margins were negative 12.5% in Q1 2026, down from positive 18.3% in Q1 2025, primarily due to $2.2 million in additional inventory write-downs [15] - Net loss for Q1 2026 was $3.9 million or negative $1.12 per share, compared to a net loss of $658,000 or negative $0.19 per share in Q1 2025 [17] Business Line Data and Key Metrics Changes - Sales in the core metal fence business increased slightly year-over-year despite challenges, indicating resilience [14] - The Greenwood industrial wood business saw a 45% increase in sales, driven by demand from municipalities and new customers [14] - Decreased sales were noted in lumber and PET products due to market conditions and customer program changes [15] Market Data and Key Metrics Changes - The company faced ongoing challenges from tariffs and negative consumer sentiment, impacting purchasing behavior [11] - The operational environment remains uncertain, with weak consumer sentiment affecting discretionary spending [11] Company Strategy and Development Direction - The company aims to exit fiscal 2026 with a sustainable business model focused on core product categories and operational efficiency [12] - There is a strong emphasis on the metal fencing business as a competitive advantage and a primary focus for capital allocation and innovation [7] - Initiatives to streamline operations and reduce costs are ongoing, with a target to reduce annual operating expenses by $1 million to $3 million [9] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the challenges faced in Q1 but expresses optimism about long-term growth potential, particularly in the metal fencing business [4][7] - The company is making progress in pricing alignment with customers to improve margins, despite the difficulties posed by tariff volatility [16] - Future strategies include monetizing non-core assets and exploring partnerships to strengthen liquidity [10][21] Other Important Information - The company has amended its lending agreement to increase borrowing capacity, providing additional flexibility for operational realignment [19] - Inventory balance decreased to $13.5 million from $15.9 million, with an increased allowance for inventory reflecting market value adjustments [18] Q&A Session Summary Question: Can you expand upon the renegotiated pricing agreements you've entered into? - Management reported successful negotiations for price increases to minimize margin erosion due to tariffs, with implementation beginning in Q1 of fiscal 2026 [24] Question: Can you provide a general breakdown of your inventory by product category? - Management indicated that metal fencing remains the highest velocity inventory, while some PET inventory is slow-moving, with efforts ongoing to move excess lumber inventory [25]

Jewett-Cameron Trading Company (NasdaqCM:JCTC) Q1 2026 Earnings call January 14, 2026 04:30 PM ET Company ParticipantsChad Summers - CEOMitch Van Domelen - CFOOperatorGood afternoon and welcome to the Jewett-Cameron Trading Company's first quarter, fiscal year 2026 financial results conference call. Please note this event is being recorded. I would now like to turn the conference over to your host for today's call. Please go ahead.Mitch Van DomelenGreat. Thank you for joining us today to discuss Jewett-Came ...

Financial Data and Key Metrics Changes - Revenue for Q1 2026 was $8.3 million, a decrease of 7% compared to $9.3 million in Q1 2025 [14] - Gross operating profit margins were negative 12.5% in Q1 2026, down from positive 18.3% in Q1 2025, primarily due to $2.2 million in additional inventory write-downs [15] - Net loss for Q1 2026 was $3.9 million, or negative $1.12 per share, compared to a net loss of $658,000, or negative $0.19 per share in Q1 2025 [17] Business Line Data and Key Metrics Changes - Sales in the core metal fence business increased slightly year-over-year, despite challenges from tariffs and negative consumer sentiment [14] - The Greenwood industrial wood business saw a 45% increase in sales, driven by demand from municipalities and the addition of a new non-transit industrial customer [14] - Sales of lumber and PET products decreased due to initiatives to sell excess inventory amid challenging market conditions [15] Market Data and Key Metrics Changes - The company faced ongoing headwinds from tariffs and weak consumer sentiment, impacting purchasing behavior across the market [12] - The company is optimistic about renewed momentum in the metal fencing business as global trade conditions stabilize [14] Company Strategy and Development Direction - The company aims to exit fiscal 2026 with a sustainable business model focused on core product categories and operational efficiency [12][21] - There is a strong emphasis on the metal fencing business as a competitive advantage, with plans to optimize sales across other product categories [8] - The company is actively working to monetize non-core assets and exploring strategic partnerships and potential divestitures [11] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the challenges in the operating environment but believes that strategic initiatives are strengthening the company's foundation and long-term outlook [7][12] - The company is focused on reducing annual operating expenses by $1 million to $3 million and improving margins through pricing alignment with customers [10][17] Other Important Information - The company has amended its lending agreement to increase borrowing capacity, providing additional flexibility for operational realignment [19] - Inventory balance as of November 30, 2025, was $13.5 million, down from $15.9 million at the end of August [18] Q&A Session Questions and Answers Question: Can you expand upon the renegotiated pricing agreements you've entered into? - Management reported successful negotiations for new pricing to minimize margin erosion from increased tariffs, with implementation beginning in Q1 of fiscal 2026 [23] Question: Can you provide a general breakdown of your inventory by product category? - Management indicated that metal fencing remains the highest velocity inventory, while a portion of PET inventory has been slow-moving, with progress being made in moving excess lumber inventory [24]

RF Industries (NasdaqGM:RFIL) Q4 2025 Earnings call January 14, 2026 04:30 PM ET Speaker0Please note, this conference is being recorded. I will now turn the conference over to your host, Donnie Case, Investor Relations. You may begin.Speaker3Thank you, John, and good afternoon, everyone, and welcome to RF Industries' fiscal fourth quarter and year-end 2025 earnings conference call. With me today are RFI's Chief Executive Officer, Rob Dawson, President and COO, Ray Bibisi, and CFO, Peter Yin. We issued our p ...

Waldencast (NasdaqCM:WALD) FY 2026 Annual General Meeting January 14, 2026 12:00 PM ET Company ParticipantsCristiano Souza - DirectorOperatorWelcome to the Annual Meeting for Waldencast PLC. Our host for today's call is Cristiano Souza, director of the company. I will now turn the call over to your host, Mr. Souza. You may begin, sir.Cristiano SouzaThank you, Paul. Welcome, everybody. The time is now 5:00 P.M. I'd like to welcome you to the annual general meeting of Waldencast PLC, for those attending in pe ...

Financial Data and Key Metrics Changes - The company presented its accounts and auditor's report for the year ended December 31, 2024, but specific financial data and key metrics were not disclosed during the meeting [4][9]. Business Line Data and Key Metrics Changes - No specific data or key metrics related to individual business lines were provided during the meeting [4][9]. Market Data and Key Metrics Changes - There was no discussion regarding market data or key metrics changes during the meeting [4][9]. Company Strategy and Development Direction and Industry Competition - The meeting focused on procedural matters and did not provide insights into the company's strategic direction or competitive landscape [4][9]. Management Comments on Operating Environment and Future Outlook - Management did not provide comments on the operating environment or future outlook during the meeting [4][9]. Other Important Information - The meeting was conducted with a quorum present, and resolutions regarding the reappointment of directors and auditors were passed by a large majority [7][9]. - Deloitte & Touche was reappointed as the company's auditor for the upcoming year [8][9]. Summary of Q&A Session - No questions were submitted by shareholders during the meeting, and therefore, there were no responses to address [3][4].