Designer Brands (NYSE:DBI) Q2 2026 Earnings Call September 09, 2025 08:30 AM ET Company ParticipantsAshley Ferlin - Investor RelationsDoug M. Howe - CEOJared Poff - CFOConference Call ParticipantsDana Telsey - AnalystMauricio Serna - AnalystOperatorMorning and welcome to the Designer Brands Inc. Second Quarter 2025 Results Conference Call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing star, then zero on your telephone keypad. Afte ...

SailPoint (NasdaqGS:SAIL) Q2 2026 Earnings Call September 09, 2025 08:30 AM ET Company ParticipantsMark McClain - Founder and CEOMatt Mills - PresidentBrian Carolan - CFOScott Schmitz - SVP of Investor RelationsOperatorGood day, and thank you for standing by. Welcome to the SailPoint Second Quarter 2026 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 during the session, you wi ...

Core & Main (NYSE:CNM) Q2 2026 Earnings Call September 09, 2025 08:30 AM ET Speaker4Hello and welcome to the Core & Main Q2 2025 earnings call. My name is Alex. I'll be coordinating today's call. If you'd like to ask a question at the end of the presentation, please press star followed by one on your telephone keypad. I'll now hand it over to Glenn Floyd, Director of Investor Relations. Please go ahead.Speaker0Good morning and thank you for joining us. I'm Glenn Floyd, Director of Investor Relations at Core ...

Financial Data and Key Metrics Changes - Revenue for Q2 2026 grew approximately 16% year-over-year to about $98 million, with non-GAAP gross profit increasing by about 17% year-over-year [5][18] - Adjusted EBITDA for the quarter was approximately $11 million, reflecting a growth of about 33% compared to Q2 last year [5][21] - Cash flow from operating activities was negative $6 million, primarily due to expected seasonal expenses [5][23] - Non-GAAP gross margin for the quarter was 72.1%, expanding by 81 basis points year-over-year [19][26] Business Line Data and Key Metrics Changes - Software revenue was $36.6 million, an increase of 35.9% year-over-year, while software services revenue was $46.7 million, up $1.4 million from last year [18] - Total software revenue for the quarter was approximately $83.3 million, representing 85.5% of total revenue [18] - Professional services revenue in Q2 was $14.2 million, an increase of $2 million over last year [19] - Recurring revenue for Q2 was $47.4 million, representing 48.7% of total revenue [19] Market Data and Key Metrics Changes - Total remaining performance obligations (RPO) at the end of Q2 was $574.5 million, up from $567.7 million at the same period last year [24] - Short-term RPO at the end of Q2 increased to $355 million, providing solid visibility into revenue over the next 12 months [24] Company Strategy and Development Direction - The company aims for $500 million in revenue by the fiscal year ending January 31, 2028, with gross margins of about 73% and adjusted EBITDA margins above 20% [15] - The U.S. remains a key growth strategy, with ongoing efforts to expand presence and strategic partnerships, including an alliance with LexisNexis Risk Solutions [12][15] - The company is focused on deepening relationships with existing customers, winning new customers, and expanding its footprint in the U.S. market [15][26] Management's Comments on Operating Environment and Future Outlook - Management noted that the global environment is marked by heightened security challenges, creating an urgent demand for advanced intelligence solutions [8][10] - The company expressed confidence in achieving its updated guidance for the fiscal year ending January 31, 2026, expecting revenue of approximately $397 million, representing about 13% year-over-year growth [16][25] - Management highlighted the importance of innovation and customer feedback in driving long-term growth and profitability [11][15] Other Important Information - The class action lawsuit was fully dismissed with no additional appeals possible [27] - The company completed a share repurchase program, repurchasing about 2.1 million ordinary shares for a total of $20 million [23] Q&A Session Summary Question: Can you help us think through your updated assumptions around the U.S. federal environment? - Management indicated that while the U.S. presents a significant opportunity, it currently represents a small portion of the business, and they are not heavily relying on it for short-term guidance [30][31] Question: How are conversations compared to expectations regarding U.S. budgets? - Management acknowledged budget headwinds but noted successful acquisitions of new state and local customers and strong POCs [33][35] Question: How much of the growth came from existing customers versus data growth? - The majority of growth is driven by existing customers, with new customers starting small and growing over time [41][42] Question: What is driving the displacement of incumbents? - The company attributes displacement to advanced technology, R&D investments, and the ability to provide superior analytics and insights [44][46] Question: How is the overall deal pipeline turning versus six to twelve months ago? - Management reported a healthy demand environment, with increasing pressure on customers to modernize solutions and deal with more data [60][66]

Hello Group (NasdaqGS:MOMO) Q2 2025 Earnings Call September 09, 2025 08:00 AM ET Company ParticipantsZhang Sichuan - COOJiayun Fang - Group Sustainability and ImpactTang Yan - CEOAshley Jing - Director of Investor RelationsCathy Hui Peng - CFOConference Call ParticipantsThomas Chong - Stock AnalystXueqing Zhang - Media AnalystLeo Chiang - Equity Research AnalystOperatorLadies and gentlemen, thank you for standing by and welcome to the Second Q Earnings Conference Call. All participants are in a listen-only ...

Hello Group (NasdaqGS:MOMO) Q2 2025 Earnings Call September 09, 2025 08:00 AM ET Company ParticipantsTang Yan - CEOJiayun Fang - Group Sustainability and ImpactCathy Hui Peng - CFOAshley Jing - Director of Investor RelationsZhang Sichuan - COOConference Call ParticipantsLeo Chiang - Equity Research AnalystThomas Chong - Stock AnalystXueqing Zhang - Media AnalystOperatorLadies and gentlemen, thank you for standing by and welcome to the second quarter 2025 Hello Group Inc. earnings conference call. All partic ...

Financial Data and Key Metrics Changes - Total group revenue for Q2 2025 was RMB 2.62 billion, down 3% year-over-year but up 4% quarter-over-quarter [20] - Domestic revenue reached RMB 2.18 billion, down 11% year-over-year, while overseas business revenue was RMB 442 million, up 17.3% year-over-year [5][20] - Adjusted operating income was RMB 448 million, down 6% from Q2 last year, with a margin of 17% [5][24] - Non-GAAP net loss was RMB 96 million compared to RMB 449.2 million from the same period of 2024 [20] Business Line Data and Key Metrics Changes - MoMo app value-added service revenue was RMB 1.85 billion, down 11% year-over-year due to soft spending sentiment among high-paying users [10] - Tang Tang's revenue from the onshore business in Q2 was RMB 116 million, down 18% year-over-year [12] - Overseas revenue from value-added services was RMB 440.7 million, up 73% year-over-year [21] Market Data and Key Metrics Changes - Overseas revenue accounted for 17% of total group revenue compared to 10% in the same period last year [16] - Tang Tang's MAU reached 10.2 million, down 5% from last quarter [12] - The RP pool for Tang Tang increased 18% year-over-year, partially offsetting revenue pressure [13] Company Strategy and Development Direction - Key priorities for 2025 include maintaining MoMo's productivity, improving Tang Tang's core dating experience, and deepening overseas market presence [5] - The company aims to balance growth and profitability, especially in overseas markets, while being cautious about user acquisition costs [17][18] - The focus on AI applications includes enhancing user experience and developing new products, such as a standalone AI character role-playing chat app in Japan [36][38] Management Comments on Operating Environment and Future Outlook - Management expects the second half of the year to be relatively controllable for MoMo, with no significant deterioration in consumer sentiment [33][35] - The company anticipates a year-over-year decline in domestic revenue in the low teens, while overseas revenue is expected to grow around 70% for the year [55] - Recent tax scrutiny may impact revenue and gross margins, but adjustments in revenue sharing policies are being made to mitigate these effects [54][56] Other Important Information - The company accrued an additional withholding income tax of RMB 547.9 million related to dividends, which is a one-off item [25][26] - Cash reserves decreased to RMB 12.39 billion as of June 30, 2025, primarily due to loan repayments and cash dividends [27] Q&A Session Summary Question: Can management discuss the second half outlook for MoMo and the strategy on AI application? - Management indicated that the situation for MoMo is controllable, with a stable consumer sentiment and regulatory environment [33][34] Question: What measures have been taken to mitigate the impact of the product upgrade on Tang Tang's paying ratios? - Management explained that user classification and tailored monetization strategies were implemented to address revenue pressure from the product upgrade [42][43] Question: What are the expectations for the sustainability of overseas revenue growth? - Management noted that while growth may moderate slightly, overseas business is expected to continue delivering robust growth, particularly from new brands [48][50] Question: Will there be changes in profit margins due to the withholding tax issue? - Management stated that there could be fluctuations in revenue and gross margins, but overall effects should remain manageable [54][56]

Unilever (NYSE:UL) 2025 Capital Markets Day September 09, 2025 07:30 AM ET Company ParticipantsMichèle Negen - Head of IR - Unilever Ice CreamPeter Ter Kulve - CEORonald Schellekens - CHRODavid Hayes - Managing DirectorCeline Pannuti - Managing DirectorJames Edwardes Jones - Managing DirectorSarah Simon - Managing DirectorOlivier Nicolaï - Head - Consumer Staples ResearchWarren Ackerman - MD & Head - EU Consumer Staples ResearchKarel Zoete - Head - Netherlands Equity ResearchVictoria Petrova - DirectorGerar ...

KinderCare Learning Companies (NYSE: KLC) 2025 Conference Summary Company Overview - KinderCare Learning Companies is the largest provider in early childhood education in the U.S., operating in 41 states and Washington, D.C. [6][7] - The industry is fragmented, presenting opportunities for growth through acquisitions and new center openings, with plans to open 90 learning fields across the U.S. [7][10] Strategic Vision and Growth Levers - The company has a differentiated platform that caters to various market segments, including subsidized care and premium brands like Crème School. [8][10] - Key growth levers identified include: 1. Same center enrollment growth focused on occupancy [10] 2. Tuition increases, which are embedded annually [11] 3. Expansion of B2B services, particularly in before and after-school programs [11] 4. Tuck-in acquisitions due to industry fragmentation [12] 5. New center openings, with a focus on enhancing capabilities post-COVID [12] Competitive Advantage - KinderCare's competitive advantage over Bright Horizons includes a larger number of centers (1,500) and the ability to offer flexible benefits to employers, such as tuition subsidies for employees. [13][14] Industry Dynamics and Macro Environment - The childcare services industry is recognized for its defensive nature, with increasing acknowledgment of its importance for parents returning to work. [15][16] - The company is the largest accredited provider in the U.S., with approximately 80% of its centers accredited through NAEYC, compared to less than 10% in the rest of the industry. [17][18] Federal Support and Budget Implications - There is continued bipartisan support for the childcare industry, with expectations for fully funding block grants and tax credits, which are beneficial for the sector. [19][20] Occupancy and Enrollment Challenges - Expected decline in occupancy rates by 100 to 150 basis points due to local market dynamics, with a focus on addressing teacher turnover and improving the inquiry-to-enrollment funnel. [21][22] - The company is implementing a quintile strategy to diagnose and improve performance across its centers. [24][25] Tuition and Pricing Strategy - Tuition rates are projected to increase by 2.5% to 3%, slightly revised from earlier expectations of 3%. The mix of subsidy and private pay students is influencing overall pricing. [36][37] - The company aims to return to a 3% to 5% pricing growth range in the following year. [38] B2B Business Performance - The B2B segment, particularly KinderCare at Work, has exceeded 2019 levels in occupancy and is performing better than community centers. [40] - The Champions program is also experiencing growth, with significant potential for expansion in the addressable market. [46] Financial Outlook and Capital Allocation - Expected free cash flow generation for the year is between $85 million and $95 million, with a focus on growth through tuck-in acquisitions and new center openings. [54] Operational Efficiency and Margin Management - The company is pursuing internal efficiencies to mitigate the impact of declining EBITDA margins, focusing on labor management and best practices. [49][50] - Plans to leverage technology and tools to enhance operational efficiency and improve labor scheduling. [51][52] Future Opportunities - The company is exploring opportunities with GenAI to enhance customer service and operational efficiency. [52][53] This summary encapsulates the key points discussed during the conference, highlighting KinderCare Learning Companies' strategic vision, growth opportunities, competitive advantages, and financial outlook.

Summary of Opera's 2025 Conference Call Company Overview - **Company**: Opera (NasdaqGS: OPRA) - **Industry**: Web Browsers and Internet Services - **User Base**: Approximately 300 million monthly users, with a significant presence in both emerging and Western markets [4][6] - **Revenue**: Close to $600 million, with a growth guidance of 23% for the year [4][5] Key Points and Arguments User Demographics and Growth - **Geographic Split**: 20% of users in Western markets, up from 6-7% previously, indicating successful market penetration [6][12] - **ARPU Growth**: Average Revenue Per User (ARPU) has tripled over the past four years, driven by higher monetization in Western markets [6][12] - **Target Audience**: Focus on tech-savvy users who appreciate feature-rich browsers, particularly in the gaming segment [6][10] Competitive Landscape - **EU Regulations**: The Digital Markets Act has positively impacted Opera, leading to a doubling of new iOS users in the EU [12][13] - **U.S. Market**: Ongoing partnership with Google for search revenue, with no expected changes following recent regulatory rulings [15][19] Artificial Intelligence Integration - **AI Features**: Introduction of AI functionalities in the flagship browser, Opera One, allowing users to interact with an AI agent [20][21] - **Opera Neon**: Upcoming AI-native browser designed to enhance user experience by integrating AI capabilities directly into the browsing process [24][27] Gaming Browser Opportunity - **User Base**: 33 million users of the gaming browser (Opera GX), with an average ARPU of $3.50, representing about 20% of total revenue [32][33] - **Market Expansion**: Plans to expand into key Asian markets like Japan and South Korea, which present significant growth potential [32][33] Growth Investments and Financial Strategy - **Investment Focus**: Prioritizing high-value user growth and product development, particularly for Opera One and Opera GX [34][41] - **Capital Return**: Nearly $500 million returned to shareholders since 2020, with a preference for dividends over buybacks to maintain liquidity [40][41] Future Outlook - **Strategic Priorities**: Focus on leveraging AI and enhancing browser capabilities to attract more users and increase brand awareness [44][47] - **Long-term Vision**: Emphasis on the evolving role of browsers in users' daily lives, with aspirations to innovate and provide alternatives in the market [46][47] Additional Important Insights - **Marketing Effectiveness**: Data-driven marketing strategies are in place to assess ROI and optimize campaigns for user acquisition [35][36] - **AI Partnerships**: Collaborations with Google and OpenAI for backend AI functionalities, while maintaining control over local processing [29][30] This summary encapsulates the key insights from Opera's conference call, highlighting the company's strategic direction, market positioning, and future growth opportunities.