Financial Data and Key Metrics Changes - The company experienced a challenging environment in 2025, with mixed performance across its portfolio, particularly softness in Tommy Bahama and Johnny Was, while Lilly Pulitzer and emerging brands performed strongly [12][13] - Capital expenditures were high due to the construction of a new distribution center in Georgia, leading to increased debt levels of $132 million compared to typical levels [11][12] - The customer retention rate stood at 62%, with an average annual spend of $395 from 2.6 million unique customers [10][11] Business Line Data and Key Metrics Changes - Tommy Bahama accounts for over 50% of total business, Lilly Pulitzer approximately 25%, and smaller brands make up the remainder [5][6] - Emerging brands grew by 17% in the third quarter, contributing to overall growth despite being a smaller part of the business [10] - Johnny Was has not performed well since its acquisition, but a turnaround plan is in place with new leadership and a focus on artisanal details [9][29] Market Data and Key Metrics Changes - The company faced significant headwinds from tariffs, impacting sourcing and product assortment, particularly with a shift from 40% to 10% reliance on China for sourcing [20][21] - The macroeconomic environment is showing signs of improvement, with positive indicators such as GDP growth and low unemployment, which could benefit the business in 2026 [19][20] Company Strategy and Development Direction - The company is focusing on cost reduction initiatives, including indirect spending and SG&A expense reductions, to improve profitability [14][19] - Plans for 2026 include a reduced capital spend and a focus on stabilizing Johnny Was while leveraging successful strategies from Lilly Pulitzer across the portfolio [14][25][29] - The company aims to enhance its omnichannel distribution model, balancing retail and e-commerce effectively [6][12] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for 2026, citing internal initiatives and a more favorable macroeconomic environment as potential drivers for recovery [19][20] - The company acknowledged the challenges faced in 2025 but highlighted strong performances in certain brands as a foundation for future growth [12][19] - Management is committed to addressing the weaknesses in Tommy Bahama and Johnny Was through targeted strategies and improved merchandising [25][29] Other Important Information - The company has revamped its website to improve accessibility and information dissemination [3] - The holiday season performance is critical, with expectations to be at the low end of guidance due to previous challenges [13] Q&A Session Summary Question: How is the business positioned for recovery after challenging years? - Management noted strong performances in Lilly Pulitzer and emerging brands, with plans to extend successful strategies across the portfolio [16][17] Question: What is the impact of tariffs on sourcing and product assortment? - Management discussed the significant challenges posed by tariffs in 2025 and the successful adjustments made to sourcing strategies [20][22] Question: What are the plans for Johnny Was moving forward? - The focus will be on stabilizing the brand, correcting the product line, and emphasizing artisanal details to drive relevance in the market [27][29]

SharkNinja (NYSE:SN) FY 2026 Conference January 12, 2026 09:00 AM ET Company ParticipantsAdam Quigley - CFOMark Barrocas - CEOConference Call ParticipantsSteven Forbes - AnalystSteven ForbesAll right. Well, good morning, everyone. My name is Steven Forbes, Consumer Discretionary Hardlines Analyst at Guggenheim Securities, and we have the pleasure of hosting SharkNinja's CEO, Mark Barrocas, and CFO, Adam Quigley, for a fireside chat this morning. Mark, it's sort of hard not to go back to early December when ...

Krispy Kreme (NasdaqGS:DNUT) FY 2026 Conference January 12, 2026 09:00 AM ET Company ParticipantsJosh Charlesworth - President and CEOModeratorGood morning, everyone. My name is Raphael Gross. I'm a partner in ICR's consumer practice, and I'm very pleased to welcome Krispy Kreme to the ICR conference. Before we begin, let me remind everyone the company will be making forward-looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statement ...

Oxford Industries (NYSE:OXM) FY 2026 Conference January 12, 2026 09:00 AM ET Company ParticipantsTom Chubb - CEOConference Call ParticipantsNone - AnalystNonePleased to welcome back Oxford Industries. Oxford owns a very powerful portfolio of leading lifestyle brands, including Tommy Bahama, Lilly Pulitzer, and Johnny Was. With us today, we have CEO Tom Chubb, as well as CFO Scott Grassmyer and Head of Financial Reporting and IR Brian Smith. Tom is going to walk us through some slides about the business, and ...

Financial Data and Key Metrics Changes - The company has not yet released its fourth quarter and full-year 2025 results, which are expected in late February [2] - The company operates in over 40 countries with approximately 2,100 company-owned and franchise shops, selling more than 1 billion donuts annually [2] Business Line Data and Key Metrics Changes - The company is focusing on a capital-light growth strategy, emphasizing refranchising and off-premise distribution to grocery and convenience stores [4][5] - A new hub opened in Minneapolis, achieving $1 million in profitable sales from one shop in just 17 days, marking a record-breaking opening [11] Market Data and Key Metrics Changes - The company has seen significant growth in digital commerce, which now represents about 20% of retail sales, with a 17% increase in the third quarter of the previous year [34][35] - The company is in less than half of the store networks of major partners like Target and Walmart, indicating substantial growth opportunities [24] Company Strategy and Development Direction - The company has implemented a turnaround plan focused on refranchising, improving returns on capital, expanding margins, and ensuring quality growth [5][10] - The company aims to leverage existing production capacity while reducing capital expenditures, with a focus on operational improvements [14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the brand's growth potential, citing low household penetration in the U.S. and the need for improved access to products [3][4] - The leadership team is committed to executing the turnaround plan and achieving long-term profitable growth [41][42] Other Important Information - The company has a loyalty program with 16 million members in the U.S., aimed at enhancing customer engagement and driving sales [38] - The company is focusing on its iconic Original Glazed donut, which represents more than half of its sales and is a key driver of profitability [27] Q&A Session Summary Question: Why is Krispy Kreme evolving to a capital-light international franchise model? - The company has a proven global franchise model and aims to grow faster using outside capital [6] Question: What are the implications for average weekly sales of the doors added versus those eliminated? - New doors are performing better than the average, with Walmart locations achieving over $1,000 in weekly sales [25] Question: How is the company approaching digital sales and its loyalty program? - Digital sales are increasing, representing 20% of retail sales, and the loyalty program has been relaunched to engage customers effectively [34][37]

Financial Data and Key Metrics Changes - The company has not yet released its 2025 results, and discussions are limited to public disclosures [2] - The company operates in over 40 countries with approximately 2,100 shops and 15,000 global points of access, selling over 1 billion donuts annually [2] Business Line Data and Key Metrics Changes - The company is focusing on a capital-light growth strategy, emphasizing refranchising and improving returns on invested capital (ROIC) [4][5] - A new hub opened in Minneapolis, achieving $1 million in profitable sales within 17 days, marking a record-breaking opening for the company [12] Market Data and Key Metrics Changes - The company has seen significant growth in digital commerce, representing about 20% of retail sales, with a 17% increase in digital sales in the third quarter of the previous year [35][36] - The company is working to expand its presence in major retailers like Walmart and Target, currently reaching less than half of their store networks [25] Company Strategy and Development Direction - The company has implemented a turnaround plan focused on sustainable and profitable growth, which includes refranchising, driving ROIC, expanding margins, and quality growth [4][5] - The company aims to leverage existing capacity and reduce capital expenditures (CapEx) while improving free cash flow generation [15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the brand's growth potential, citing low household penetration in the U.S. and the need for improved access to products [3][4] - The leadership team is committed to executing the turnaround plan and achieving long-term profitable growth [42][43] Other Important Information - The company has a loyalty program with 16 million members in the U.S., which helps engage customers and promote new products [39][40] - The company is focusing on its iconic Original Glazed donut, which represents more than half of its sales and is a key driver of profitability [28][30] Q&A Session Summary Question: How is Krispy Kreme evolving to a capital-light international franchise model? - The company has a proven global franchise model and is focusing on partnerships with capable operators to grow faster using outside capital [6][7] Question: Would the company consider refranchising select markets within the U.S.? - The company is not ruling out selective refranchising in the U.S. but is currently focused on improving profitability and efficiency in its company-owned operations [10] Question: What are the implications for average weekly sales of the doors added versus those eliminated? - New doors are performing better in average weekly sales compared to the eliminated ones, with Walmart being a strong partner achieving over $1,000 in weekly sales [26]

Financial Data and Key Metrics Changes - The company experienced a challenging environment in 2025, with mixed performance across its portfolio, particularly softness in Tommy Bahama and Johnny Was, while Lilly Pulitzer and emerging brands performed strongly [12][13] - Capital expenditures were significantly high due to the construction of a new distribution center in Lyons, Georgia, which is expected to enhance the omnichannel business [11][12] - The company reported a customer retention rate of 62% over a 12-month period, indicating strong customer loyalty [11] Business Line Data and Key Metrics Changes - Tommy Bahama accounts for over half of the total business, while Lilly Pulitzer represents about a quarter, with smaller brands making up the remainder [5] - Emerging brands grew by 17% in the third quarter, although they still represent less than 10% of total revenue [10] - Johnny Was has not performed well since its acquisition, but a turnaround plan is in place, focusing on artisanal details and storytelling in marketing [9][27] Market Data and Key Metrics Changes - The company has shifted its sourcing structure significantly, reducing reliance on China from 40% to about 10% in response to tariff challenges [19][20] - The macroeconomic environment is showing signs of improvement, with positive indicators such as GDP growth and a favorable unemployment rate, which could benefit the business in 2026 [18] Company Strategy and Development Direction - The company is focusing on cost reduction initiatives, including indirect spending and SG&A expense reductions, to improve profitability [14][17] - There is a strategic emphasis on leveraging successful practices from Lilly Pulitzer across other brands, particularly in merchandising and customer engagement [23][25] - The company plans to stabilize Johnny Was by refining its product line and closing underperforming stores while enhancing the brand's unique artisanal appeal [27] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for 2026, citing internal initiatives and a potentially more favorable macroeconomic environment [14][18] - The company acknowledged the challenges faced in 2025, particularly due to tariffs and consumer behavior, but is confident in its plans to address these issues moving forward [12][19] Other Important Information - The company has a balanced omnichannel distribution model, with retail and e-commerce being nearly equal contributors to revenue [5][6] - The new distribution center is expected to go live in early 2026, which will be a significant driver for the company's omnichannel strategy [11][12] Q&A Session Summary Question: How is the business positioned for recovery after challenging years? - Management highlighted strong performances from Lilly Pulitzer and emerging brands as a foundation for recovery, with plans to extend successful strategies across the portfolio [16][17] Question: What are the impacts of tariffs on sourcing and product assortment? - The company faced significant tariff challenges in 2025 but successfully navigated these by diversifying its sourcing strategy and reducing reliance on China [19][20][21] Question: What drove the success of Lilly Pulitzer, and how can those learnings be applied to other brands? - The focus on the top 20% of customers, who drive a significant portion of sales and profits, was key to Lilly's success, and similar strategies will be applied to Tommy Bahama and Johnny Was [23][25]

Financial Data and Key Metrics Changes - The company had a strong guidance heading into Q4, anticipating double-digit growth, and confirmed that the holiday season performance was robust, with broad-based growth across retailers and product categories [2][3] - The domestic and international businesses both performed well, with notable success in new markets such as Mexico and parts of Europe [2][3] Business Line Data and Key Metrics Changes - The direct-to-consumer business thrived during the holiday season, with significant sales through platforms like Amazon and Costco [3] - The company is launching a robust product roadmap with 25 new products in 2026, building on pent-up demand from 2025 [6][7] Market Data and Key Metrics Changes - The company reported strong growth in its Latin America business, particularly in Mexico, which saw triple-digit growth [37] - There is a growing demand for SharkNinja products in new markets like South Africa, where consumer awareness is already high before the official launch [38][39] Company Strategy and Development Direction - The company aims to innovate across various price points, maintaining affordability while also introducing premium products [15][17] - The strategy includes enhancing direct-to-consumer channels and leveraging platforms like TikTok for real-time consumer engagement [19][21] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the upcoming product launches and the overall health of the business, indicating a strong base for future growth [6][7] - The transition to direct distribution in new markets is expected to be smoother than previous efforts, with a focus on consumer demand driving retailer engagement [36][39] Other Important Information - The company is actively hiring software engineers to enhance product functionality, with expectations for integrated hardware-software products to emerge by the second half of 2026 [26][29] - The direct-to-consumer replatforming has already shown positive results in Canada and the U.S., with plans to expand to Europe in 2026 [32][34] Q&A Session Summary Question: How is the company managing product life cycles? - The company uses case studies like the air fryer business to illustrate its approach to product life cycle management, focusing on innovation and diversification within categories [9][10] Question: What is the strategy for pricing architecture amidst input cost challenges? - The company emphasizes affordable innovation, aiming to serve a broad consumer base without excessively premiumizing products [14][15] Question: Can you provide an update on the hiring of software engineers? - The company has hired about half of the targeted 100 software engineers, with expectations for product enhancements to be visible by late 2026 [26][29] Question: What are the expectations for the direct-to-consumer replatforming? - The replatforming has improved consumer experience and revenue, with plans for global rollout by the end of Q2 2026 [34][35] Question: How is the company transitioning to self-distribution in new markets? - The company successfully transitioned several European markets to direct distribution and is confident in a smoother process compared to previous efforts [36][37]

Financial Data and Key Metrics Changes - Hamilton Beach Brands generates over $600 million in annual revenue and sells over 25 million units annually, indicating a strong market presence [3] - The commercial business accounted for about 8% of total revenue in 2024, highlighting significant growth potential in this segment [15] - The company reported strong performance in 2024 with record margins, and this momentum carried into the first quarter of 2025 [20][21] Business Line Data and Key Metrics Changes - The company is focusing on six strategic growth initiatives, including driving growth in the core business, accelerating digital transformation, and gaining share in the premium market [7] - Hamilton Beach is the number two small kitchen appliance brand in the U.S. by units sold and recently moved up to number four in dollars [7] - The premium market share is currently about 1%, indicating substantial room for growth [11] Market Data and Key Metrics Changes - The company has diversified its supplier base beyond China to include partners in Indonesia, Thailand, and Vietnam, optimizing production costs [6][21] - The global commercial market is a multi-billion dollar market with higher margins, presenting significant growth opportunities [15] Company Strategy and Development Direction - The company aims to drive growth in its core business, accelerate digital transformation, and expand its presence in the premium and global commercial markets [7][24] - Hamilton Beach Health was created to combine hardware strengths with software expertise, focusing on digitally connected devices for at-home patient care [18] - The company is actively seeking strategic partnerships and acquisitions to enhance its product offerings and market reach [20] Management's Comments on Operating Environment and Future Outlook - The management acknowledged the challenges faced in 2025 due to a changing tariff environment but expressed confidence in the company's ability to pivot and adapt [21][22] - The company expects purchasing patterns to normalize by mid-year 2026, with a path to historical growth and gross margin levels [22] - Management emphasized a strong balance sheet and free cash flow to support future growth initiatives [23] Other Important Information - The company has secured exclusive multi-year trademark licensing agreements with several prominent consumer brands, enhancing its product portfolio and margins [3] - Hamilton Beach is increasing its investment in digital marketing and advertising to connect with consumers as shopping behaviors evolve [8][24] Q&A Session Summary Question: What are the growth initiatives for Hamilton Beach? - The company is focusing on driving growth in its core business, accelerating digital transformation, gaining share in the premium market, leading in the global commercial market, and leveraging partnerships and acquisitions [7][24] Question: How is the company addressing the challenges posed by tariffs? - The company implemented price increases, announced a free trade zone, accelerated supplier diversification efforts, and took $10 million out of its cost structure to adapt to the tariff environment [21]

Lands' End (NasdaqCM:LE) FY 2026 Conference January 12, 2026 08:30 AM ET Company ParticipantsAndrew McLean - CEOTom Altholz - Vice President of Investor Relations and PlanningBernard McCracken - CFOConference Call ParticipantsDana Telsey - Equity Research AnalystDana TelseyGood morning, everyone. Welcome to the 28th Annual ICR Conference. I'm thrilled to be here with the senior management team of Lands' End. With me is Andrew McLean, the CEO. Bernie McCracken, the CFO. Before we enter our conversation, and ...