Perion Network (NasdaqGS:PERI) Q4 2025 Earnings call February 18, 2026 08:30 AM ET Speaker6Hello everybody, and welcome to the Perion Network Q4 and full year 2025 earnings call. Today's conference is being recorded, and an archive of the webcast will be posted on the company's website. The press release detailing the financial results is available on the company's website at www.perion.com. Before we begin, I'd like to read the following safe harbor statement. Today's discussion includes forward-looking st ...

La-Z-Boy (NYSE:LZB) Q3 2026 Earnings call February 18, 2026 08:30 AM ET Speaker4Please note this conference is being recorded. I will now turn the conference over to your host, Mark Becks, Director of Investor Relations and Corporate Development at La-Z-Boy. Mark, the floor is yours.Speaker2Thank you, Jenny. Good morning, everyone, and thanks for joining us to discuss our fiscal 2026 third quarter. Joining me on today's call are Melinda Whittington, La-Z-Boy Incorporated's Board Chair, President, and Chief ...

LCI Industries (NYSE:LCII) Q4 2025 Earnings call February 18, 2026 08:30 AM ET Speaker4Hello, everyone, and thank you for joining us today for the LCI Industries Fourth Quarter 2025 Earnings Call. My name is Lucy, and I'll be coordinating your call today. Before we begin, I would like to remind you that certain statements made on today's conference call regarding LCI Industries and its operations may be considered forward-looking statements under the securities laws and involve a number of risks and uncerta ...

Charles River Laboratories (NYSE:CRL) Q4 2025 Earnings call February 18, 2026 08:30 AM ET Speaker12I would now like to turn the conference over to your host, Todd Spencer, Vice President of Investor Relations. Please go ahead.Speaker14Good morning, and welcome to Charles River Laboratories' fourth quarter and full year 2025 earnings and 2026 guidance conference call and webcast. This morning, I am joined by Jim Foster, Chair, President, and Chief Executive Officer, Birgit Girshick, Executive Vice President ...

Cinemark (NYSE:CNK) Q4 2025 Earnings call February 18, 2026 08:30 AM ET Speaker9As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Chanda Brashears, Senior Vice President, Investor Relations. Thank you. You may begin.Speaker1Good morning, everyone, and thank you for joining us today to discuss our fourth quarter and full year 2025 results. Our earnings release, executive commentary, as well as our Form 10-K, were issued earlier this morning and are available on o ...

Financial Data and Key Metrics Changes - The company generated over $10 per share of free cash flow in 2025, totaling $832 million for the year, with fourth quarter free cash flow being 25% higher than the previous year [3][4] - Total revenue before fuel surcharge for the fourth quarter was $1.7 billion, down from $1.8 billion a year earlier, with operating income of $127 million and a margin of 7.6% [4][5] - Net cash from operating activities improved to $282 million, an 8% increase over the prior year quarter [5] Business Segment Data and Key Metrics Changes - LTL (Less Than Truckload) revenue was $661 million, down 10% year-over-year, with operating income of $62 million and an adjusted operating ratio (OR) of 89.9 [5][6] - Truckload revenue was $674 million, down from $693 million the prior year, with operating income of $48 million and an OR of 93.2% [6] - Logistics revenue was $358 million, down from $410 million, with operating income of $31 million and a margin of 8.7% [7] Market Data and Key Metrics Changes - The company ended the year with a 2.5 times funded debt to EBITDA ratio, maintaining a strong balance sheet [8] - The company anticipates adjusted diluted EPS for Q1 2026 to be in the range of $0.50-$0.60, reflecting a cautious outlook due to ongoing market conditions [8] Company Strategy and Development Direction - The company focuses on strategic capital allocation, investing for the long term and returning excess capital to shareholders through dividends and share repurchases [4] - The management is preparing for a potential industry rebound while controlling costs and improving operational efficiency [3][4] - The company is exploring accretive bolt-on acquisition opportunities, with a focus on smaller regional deals rather than large acquisitions due to market uncertainties [8][76] Management's Comments on Operating Environment and Future Outlook - The management noted that the freight recession persists, particularly in the LTL sector, but there are early signs of improvement in the truckload sector [12][14] - The Canadian market is performing better than the U.S. market, with a focus on improving service and reducing claims ratios [15] - The management expressed optimism about logistics improving in Q3 and Q4 of 2026, driven by customer demand in the energy sector and data centers [14][72] Other Important Information - The company announced a change in its board of directors, with André Bérard retiring and Diane Giard nominated as the new lead director [9] - The company is focused on transitioning away from retail freight towards industrial freight, aiming to increase the weight per shipment [60][61] Q&A Session Summary Question: Guidance for fiscal year and scenarios for 2026 - Management indicated that Q1 guidance reflects a cautious outlook due to ongoing freight recession, with early signs of improvement in truckload [11][12] Question: Segment margin-related drivers behind EPS guidance - Management expects around 250 basis points of sequential margin deterioration in U.S. LTL, with weather impacting costs significantly [24][30] Question: Pricing improvements in contracted rates - Management noted that while spot rates are increasing, contracted rates take longer to adjust, and the supply-demand balance is beginning to shift [40][41] Question: Specialty truckload business and industrial activity - Management highlighted early signs of industrial activity, particularly in the energy sector, and emphasized the importance of focusing on high-value freight [52][54] Question: Impact of non-domiciled CDL on specialty flatbed - Management noted that the impact is more pronounced in the van segment, with less benefit seen in specialty truckload due to unique skill requirements [88][90]

Verisk Analytics (NasdaqGS:VRSK) Q4 2025 Earnings call February 18, 2026 08:30 AM ET Speaker11Good day everyone, and welcome to the Verisk fourth quarter 2025 earnings results conference call. This call is being recorded. Currently, all participants are in a listen-only mode. After today's prepared remarks, we will conduct a question and answer session where we will limit participants to one question so that we can allow everyone to ask a question. We will have further instructions for you at that time. For ...

Enpro (NYSE:NPO) Q4 2025 Earnings call February 18, 2026 08:30 AM ET Speaker5It's now my pleasure to turn the call over to your host, James Gentile, Vice President of Investor Relations for Enpro. Please go ahead, James.Speaker2Thanks, Kevin, and good morning, everyone. Thank you for joining us today as we review Enpro's fourth quarter and full year 2025 earnings results, and introduce our outlook for 2026. I will remind you that this conference call is being webcast at enpro.com, where you can find the pre ...

Quad/Graphics (NYSE:QUAD) Q4 2025 Earnings call February 18, 2026 08:30 AM ET Speaker4A slide presentation accompanies today's webcast, and participants are invited to follow along, advancing the slides themselves. To access the webcast, follow the instructions posted on the earnings release. Alternatively, you can access the slide presentation on the Investors section of Quad's website under the Events and Presentations link. After today's presentation, there will be an opportunity to ask questions. To ask ...

Financial Data and Key Metrics Changes - In 2025, the company achieved a revenue growth of 4% and an EBITDA growth of 7% compared to the previous year [5][17] - The fourth quarter revenue was $1.026 billion, with an EBITDA of $272 million, reflecting an 8% year-over-year growth [14][17] - Earnings per share (EPS) for the year was $6.34, representing a 10% increase year-over-year [17] Business Line Data and Key Metrics Changes - The Vacation Ownership business saw gross sales growth of 8%, driven by a 5% increase in tour flow in the fourth quarter, marking the strongest year-over-year growth for the year [6][15] - The Travel and Membership segment reported a revenue of $148 million in the fourth quarter, down 6% year-over-year, with EBITDA of $47 million, down 10% [16] Market Data and Key Metrics Changes - The company noted strong leisure demand continuing into 2026, with expectations for gross VOI sales to increase by 1%-5% year-over-year [23] - The average volume per guest is expected to be in the range of $3,175-$3,275, slightly lower than the previous year [23] Company Strategy and Development Direction - The company is focused on brand expansion, optimizing its resort portfolio, and enhancing the owner experience through technology and partnerships [4][10] - The Resort Optimization Initiative aims to remove lower-demand resorts and replace them with higher-demand properties, which is expected to improve financial health and owner satisfaction [11][12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong demand for leisure travel and the company's ability to deliver another year of revenue growth and EBITDA margin expansion in 2026 [13][24] - The company anticipates a net EBITDA benefit from the Resort Optimization Initiative, projecting EBITDA in the range of $1.03 billion-$1.055 billion for 2026 [23][24] Other Important Information - The company returned $449 million to shareholders through dividends and share repurchases in 2025, with a new $750 million share repurchase authorization approved [18][19] - The company is investing in technology to enhance the vacation experience and deepen owner engagement [10][11] Q&A Session Summary Question: Can you elaborate on the optimization initiative and its long-term impact on EBITDA? - Management indicated that 2025 was a catch-up year for the optimization initiative, with expectations for a return to normal growth in subsequent years [28] Question: How is the consumer demographic performing currently? - Management noted continued strong demand from consumers, with household incomes above $100,000 and improved FICO scores, contributing to positive performance [38] Question: What are the expectations for the loan loss provision in 2026? - The company expects the loan loss provision to decrease to around 20%, with a trajectory towards the high teens over time [90] Question: What is the outlook for the Travel and Membership business? - The company models the Travel and Membership business to follow the 2025 trend line, focusing on disciplined cost management [92] Question: What is the sales contribution from new brands like Sports Illustrated and Eddie Bauer? - Management anticipates that these new brands will grow as a percentage of overall sales, aiming for high single digits this year and moving towards double digits in the coming years [72]