American Tower Corporation (NYSE:AMT) Bank of America's 2024 Media, Communications and Entertainment Conference Call September 5, 2024 9:40 AM ET Company Participants Steven Vondran - President and Chief Executive Officer Conference Call Participants David Barden - Bank of America David Barden [Abrupt start] joining us again. We're super pleased to have Steve Vondran, President and CEO from American Tower, joining us. Kind of playing cleanup for our Tower guests at the conference this year. Steve, thanks so ...

Autodesk, Inc. (NASDAQ:ADSK) Citi's 2024 Global TMT Conference September 5, 2024 10:50 AM ET Company Participants Andrew Anagnost - CEO Conference Call Participants Tyler Radke - Citi Tyler Radke Happy Thursday. Welcome to day two of Citi's Tech Conference. I'm Tyler Radke, Head of Software Equity Research. Thanks for joining. And we're really excited to have Andrew Anagnost, the CEO of Autodesk. Andrew, thanks for coming out from the West Coast for our conference. I know you wanted to read an exciting sta ...

Company and Industry Overview * **Company**: General Mills, Inc. (NYSE:GIS) * **Industry**: Consumer Staples, specifically Cereals, Snacks, and Pet Food Long-Term Goals and Strategy * **Long-Term Sales Growth**: Aim for 2% to 3% organic net sales growth. * **Category Growth**: Expect categories to grow between 2% and 3%. * **Share Holding**: Confident in holding or gaining share in current categories. * **Key Drivers**: Leading brands, increased marketing spend, and improved capabilities in strategic revenue management, media, and online media. Industry Environment and Recovery * **Volume Recovery**: Recognize a more elongated volume recovery than initially expected. * **Fiscal '25 Outlook**: Consistent with gradual progress theme, expecting flat-to-up 1% organic sales growth and EPS between down 1% and up 1% year-over-year. * **Category Growth**: Categories returning to growth, with pounds up 1% in the last three months. * **Macroeconomic Factors**: Inflation expected at 3% to 4%, with over 50% coverage in commodities. * **Productivity**: Expect 4% to 5% productivity improvement. North America Retail * **Leadership**: Dana McNabb, Group President, North America Retail. * **Approach**: Focus on regaining household penetration, particularly with kids, through a remarkable total product offering. * **Key Initiatives**: Product innovation, advertising and communications, in-store execution, and strategic revenue management. * **Share Performance**: Improving in pound share in seven out of 10 biggest categories and in dollar share in six out of 10 categories. Cereal Business * **Category**: North America Cereal market is $9 billion in sales. * **Competitive Landscape**: More competition is seen as beneficial for the category. * **Focus**: Continue to focus on strong brand building and innovation. * **New Products**: Launched new products like double chocolate cookies, fruity cheerios, and Fiber One brownies. Pet Food * **Priority**: Return Blue Buffalo to growth after a reset year in fiscal '24. * **Performance**: Blue Buffalo is now more profitable than a year ago and starting to gain market share in dry dog food. * **Wilderness**: Losses cut in half and declining at 6% in the first quarter. * **Fresh Pet Food**: Testing fresh pet food with Blue Buffalo, with mixed results but potential for future opportunities. * **Edgard & Cooper**: Acquired for its premium pet food proposition and global expansion potential. International and Foodservice * **Foodservice**: Strong Foodservice business with distinct capabilities and sales and channel experience. * **International**: Mixed performance, with growth in Europe and Australia but challenges in China and Brazil. Capital Allocation and M&A * **M&A Strategy**: Focus on bolt-on acquisitions of $1 billion to $2 billion in sales, with a preference for areas like Pet, Snacking, and Foodservice. * **Priority**: Organic growth remains the number one priority. Conclusion General Mills is confident in its long-term growth prospects, focusing on category growth, share holding, and strategic investments in marketing and capabilities. The company is also actively managing its international and foodservice segments, while remaining cautious on M&A activity.

Honeywell International Inc. (NASDAQ:HON) Jefferies Industrials Conference September 5, 2024 8:05 AM ET Company Participants Jim Currier - President & CEO, Aerospace Technologies Conference Call Participants Sheila Kahyaoglu - Jefferies Sheila Kahyaoglu Good morning, everyone. My name is Sheila Kahyaoglu, the Jefferies Aerospace, Defense and Airlines Equity Research team. Thank you so much for joining us at our conference and for the Honeywell team to be joining us, always the first slot. We really apprecia ...

Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) Wells Fargo 2024 Healthcare Conference September 5, 2024 12:45 PM ET Company Participants Marion McCourt - EVP, Commercial Ryan Crowe - SVP, IR and Strategic Analysis Conference Call Participants Mohit Bansal - Wells Fargo Mohit Bansal Great. So my name is Mohit Bansal, and thank you for the post lunch session. So we will try to keep it exciting, just for the post lunch session. But thank you very much team Regeneron for joining us today. So we have Marion McCou ...

Vertex Pharmaceuticals, Inc. (NASDAQ:VRTX) Morgan Stanley Conference Call September 5, 2024 11:30 AM ET Company Participants Reshma Kewalramani - President and CEO Charlie Wagner - CFO Conference Call Participants Terence Flynn - Morgan Stanley Terence Flynn Thanks for joining us, everybody. I'm Terence Flynn, the U.S. biopharma analyst here at Morgan Stanley. Before we get started, for important disclosures, please see the Morgan Stanley research disclosure website at www.morganstanley.com/researchdisclos ...

Sony Group Corporation (NYSE:SONY) Bank of America's 2024 Media, Communications and Entertainment Conference September 5, 2024 11:20 AM ET Company Participants Tony Vinciquerra - Chairman and CEO Unidentified Company Representative Again, we have Tony Vinciquerra, Chairman and CEO, and of Sony Pictures Entertainment. And Tony, you're like -- I don't know, like the industry guru at this point. I would say... Tony Vinciquerra Doesn't take a lot. By the way, it's nice to have Saratoga, my hometown Saratoga. Qu ...

Tyson Foods, Inc. (NYSE:TSN) Barclays Global Consumer Staples Conference Call September 5, 2024 12:45 PM ET Company Participants Curt Calaway - Chief Financial Officer Brady Stewart - President, Beef and Pork & Chief Supply Chain Officer Conference Call Participants Benjamin Theurer - Barclays Benjamin Theurer All right. Well, good afternoon. Hope lunch was good. Next on stage, we've got Tyson Foods with us, one of the world's largest protein companies with major operations here in the US. Very pleased to h ...

Alcoa Corporation (NYSE:AA) Jefferies Global Industrial Conference Call September 5, 2024 1:20 PM ET Company Participants Molly Beerman - Executive Vice President and Chief Financial Officer Conference Call Participants Christopher LaFemina - Jefferies Christopher LaFemina All right. Thank you all for attending this session. It's my pleasure to host Molly Beerman, who is the CFO at Alcoa and it's going to be a fireside chat format between me and Molly, but we're going to give you an opportunity to ask some ...

Comcast Corporation (NASDAQ:CMCSA) Citi's 2024 Global TMT Conference September 5, 2024 8:20 AM ET Company Participants Jason Armstrong - CFO Conference Call Participants Michael Rollins - Citi Michael Rollins The clients only and disclosures are available at the back of the room next to the AV desk. Welcome back to Citi's 2024 Global TMT Conference. I'm Mike Rollins with Citi Research, and we're pleased to welcome Jason Armstrong, Chief Financial Officer of Comcast. Jason, thank you for joining us today. Ja ...