The New York Times Company (NYSE:NYT) Q4 2025 Earnings call February 04, 2026 08:00 AM ET Speaker8Please note, this event is being recorded. I would now like to turn the conference over to Anthony DiClemente, Senior Vice President, Investor Relations. Please go ahead.Speaker0Thank you, and welcome to the New York Times Company's fourth quarter and full year 2025 earnings conference call. On the call today, we have Meredith Kopit Levien, President and Chief Executive Officer, and Will Bardeen, Executive Vice ...

Evercore (NYSE:EVR) Q4 2025 Earnings call February 04, 2026 08:00 AM ET Speaker6I will now turn the call over to Katy Haber, Head of Investor Relations at Evercore. Please go ahead.Speaker4Thank you, Operator. Good morning, and thank you for joining us today for Evercore's fourth quarter and full year 2025 financial results conference call. I'm Katy Haber, Evercore's Head of Investor Relations. Joining me on the call today is John Weinberg, our Chairman and CEO, and Tim LaLonde, our CFO. After our prepared ...

Financial Data and Key Metrics Changes - Full-year revenues for Stanley Black & Decker were $15.1 billion, down about 1% organically in 2025, with notable revenue growth in DEWALT and Aerospace Fasteners, up low single digits and 25% respectively [4][6] - Adjusted Gross Margin expanded 70 basis points to 30.7% for the full year 2025, driven by tariff mitigation actions and supply chain efficiencies [5][17] - Adjusted Earnings Per Share grew 7% in 2025 to $4.67, supported by earnings growth and working capital efficiencies, contributing to strong Free Cash Flow of almost $700 million [6][20] Business Line Data and Key Metrics Changes - Tools and Outdoor segment revenue was approximately $3.2 billion in Q4, down 2% year-over-year, with organic revenue down 4% due to volume pressure [9][10] - Engineered Fastening segment revenue grew 6% on a reported basis and 8% organically in Q4, with the aerospace business achieving 35% organic growth [14][15] - Full-year Tools and Outdoor organic revenue declined 2%, while DEWALT posted low single-digit organic growth across all product lines and regions [13] Market Data and Key Metrics Changes - In North America, organic revenue for Tools and Outdoor declined 5%, while Europe saw a 3% decline, with growth in Central Europe and Iberia offset by softer conditions elsewhere [12] - The rest of the world organic revenue declined 4%, primarily due to market softness in Asia and South America [12] Company Strategy and Development Direction - The company is focused on disciplined execution, targeted growth investments, and aggressive tariff mitigation actions to drive long-term performance [4][5] - A definitive agreement was announced to sell the Aerospace Fasteners business for over $1.5 billion, aimed at reducing debt and enhancing capital allocation flexibility [7][8] - The company plans to achieve adjusted gross margins above 35% by Q4 2026, with ongoing investments in innovation and brand activation [19][29] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating the dynamic operating environment and highlighted the importance of operational excellence and strategic investments for sustainable growth [18][34] - For 2026, the company expects adjusted earnings per share to be in the range of $4.90-$5.70, reflecting growth despite macroeconomic uncertainties [24][25] - The company anticipates low single-digit revenue growth in 2026, with organic revenue expected to grow at a similar rate [25][30] Other Important Information - The global cost reduction program has successfully captured $2.1 billion of run rate pre-tax cost savings since its inception in mid-2022 [5][18] - The company plans to transition gas-powered walk-behind outdoor product lines to a licensing model, which will enhance margins but reduce in-year revenue by approximately $120-$140 million in 2026 [26][27] Q&A Session Summary Question: Inquiry about gross and operating margin performance cadence - Management expects gross margin to be around 30.5% in Q1, increasing to 34%-35% in Q3 and Q4, with peak tariff expenses affecting the first half of 2026 [37][38] Question: Clarification on tariff mitigation measures - Management confirmed that operational mitigation is progressing well, with plans to reduce reliance on China for U.S. consumption to less than 5% by the end of 2026 [46][47] Question: Discussion on volume expectations for 2026 - Management indicated that strong professional market performance is expected to continue, with volume opportunities anticipated as promotional adjustments are made [60][61] Question: Elasticity of pricing and volume dynamics - Management acknowledged that volume declines have been steeper than anticipated due to a softer consumer backdrop, but adjustments are being made to return to expected elasticity levels [63][64] Question: Plans for investment in CRAFTSMAN and Stanley brands - Management plans to invest an incremental $75 million-$100 million in brand initiatives in 2026, expecting significant new product launches and market share gains [67][70]

Yum China (NYSE:YUMC) Q4 2025 Earnings call February 04, 2026 07:00 AM ET Company ParticipantsAdrian Ding - CFOJoey Wat - CEOMichelle Shen - Senior Director of Investor RelationsConference Call ParticipantsNone - AnalystJoey WatGood day, and thank you for standing by. Welcome to Yum China's fourth quarter and fiscal year 2025 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question dur ...

Yum! Brands (NYSE:YUM) Q4 2025 Earnings call February 04, 2026 07:00 AM ET Company ParticipantsBrian Bittner - Managing DirectorChris Turner - CEODavid Tarantino - Assistant VPDennis Geiger - Executive DirectorJacob Aiken-Phillips - VP Equity ResearchMatt Morris - Head of Investor RelationsRanjith Roy - CFOConference Call ParticipantsDavid Palmer - Restaurant and Food AnalystJeffrey Bernstein - Equity Research AnalystJon Tower - Equity Research AnalystNone - AnalystOperatorHello, everyone, and thank you for ...

Novo Nordisk (NYSE:NVO) Q4 2025 Earnings call February 04, 2026 07:00 AM ET Company ParticipantsDave Moore - EVPKarsten Munk Knudsen - CFOLudovic Helfgott - EVPMartin Holst Lange - EVP and Chief Scientific OfficerMaziar Doustdar - CEOMichael Novod - Head of Investor RelationsConference Call ParticipantsCarsten Lønborg Madsen - AnalystHarry Sephton - AnalystJames Quigley - AnalystMike Nedelcovic - AnalystPeter Verdult - AnalystRichard Vosser - AnalystSimon Baker - AnalystThibault Boutherin - AnalystOperatorG ...

Novo Nordisk (NYSE:NVO) Q4 2025 Earnings call February 04, 2026 07:00 AM ET Company ParticipantsDave Moore - EVPKarsten Munk Knudsen - CFOLudovic Helfgott - EVPMartin Holst Lange - EVP and Chief Scientific OfficerMaziar Doustdar - CEOMichael Novod - Head of Investor RelationsConference Call ParticipantsCarsten Lønborg Madsen - AnalystHarry Sephton - AnalystJames Quigley - AnalystMike Nedelcovych - AnalystPeter Verdult - AnalystRichard Vosser - AnalystSimon Baker - AnalystThibault Boutherin - AnalystOperator ...

Yum China (NYSE:YUMC) Q4 2025 Earnings call February 04, 2026 07:00 AM ET Company ParticipantsAdrian Ding - CFOJoey Wat - CEOMichelle Shen - Senior Director of Investor RelationsConference Call ParticipantsNone - AnalystJoey WatGood day, and thank you for standing by. Welcome to Yum China's fourth quarter and fiscal year 2025 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question dur ...

Yum! Brands (NYSE:YUM) Q4 2025 Earnings call February 04, 2026 07:00 AM ET Company ParticipantsBrian Bittner - Managing DirectorChris Turner - CEODavid Tarantino - Assistant VPDennis Geiger - Executive DirectorJacob Aiken-Phillips - VP Equity ResearchMatt Morris - Head of Investor RelationsRanjith Roy - CFOConference Call ParticipantsDavid Palmer - Restaurant and Food AnalystJeffrey Bernstein - Equity Research AnalystJon Tower - Equity Research AnalystNone - AnalystOperatorHello, everyone, and thank you for ...

Novo Nordisk (NYSE:NVO) Q4 2025 Earnings call February 04, 2026 07:00 AM ET Speaker6Good day, and thank you for standing by. Welcome to the Q4 2025 Novo Nordisk Earnings Conference Call. At this time, all participants are in listen-only mode. After the speaker's presentation, there'll be a question-and-answer session. To ask a question during the session, you will need to press star one and one on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question ...