Lands' End (NasdaqCM:LE) Q3 2026 Earnings Call December 09, 2025 08:30 AM ET Company ParticipantsTom Altholz - Senior Director of Financial Planning and AnalysisNone - OperatorAndrew McLean - CEOBernie McCracken - CFODana Telsey - Founder and CEOConference Call ParticipantsEric Beder - CEO and Consumer Equity AnalystSteve Silver - Senior Equity Research AnalystNoneHello and welcome, everyone, joining today's Lands' End third quarter 2025 earnings call. At this time, all participants are in a listen-only mod ...

Designer Brands (NYSE:DBI) Q3 2026 Earnings Call December 09, 2025 08:30 AM ET Company ParticipantsDoug Howe - CEOAshley Furlan - Head of Investor RelationsMark Haley - Senior Vice President, Controller, Principal Accounting Officer and Principal Financial OfficerMauricio Serna - Executive DirectorOperatorOkay. And welcome to the Designer Brands Inc. Third Quarter 2025 earnings conference call. All participants will be in a listen-only mode. Should you need assistance, please signal a conference specialist ...

Financial Data and Key Metrics Changes - Sales reached $8.2 billion, a 5% increase year-over-year, driven by organic growth of 4% and acquisition growth of 1% [4][10] - Gross margin improved to 30.7%, up 60 basis points from the previous year [4][11] - Operating profit was $808 million, reflecting a 14% increase compared to last year [4][11] - Diluted earnings per share rose nearly 16% to $2.84 [5][11] - The company maintained a strong balance sheet with a net debt to EBITDA ratio of 1.1 times [6][11] Performance by Business Lines - Residential end markets, accounting for about half of U.S. revenue, saw a 1% decline due to weak housing starts and soft repair activity [7] - Non-residential revenue increased by 12%, driven by large capital projects [7] - Waterworks revenues grew by 14%, supported by strength in large capital projects and public works [7][8] - Ferguson Home experienced a 1% growth despite challenges in the new construction market [8] - Commercial mechanical customer group grew by 21%, benefiting from large capital projects [8] Market Data and Key Metrics Changes - U.S. net sales grew by 5.3%, with organic growth of 4.4% [11] - Canadian net sales increased by 2.2%, with organic growth of 0.7% [12] - Price inflation was approximately 3%, with finished goods pricing showing modest improvement [10][36] Company Strategy and Development Direction - The company aims to leverage multi-year tailwinds in both residential and non-residential markets [6][18] - Continued focus on acquisitions to consolidate fragmented markets, with the recent acquisition of Moore Supply Company enhancing HVAC presence [5][14] - Emphasis on delivering end-to-end solutions and maximizing contractor productivity through a multi-customer group approach [9][18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in medium-term market performance despite current challenges [6][18] - The company expects approximately 5% revenue growth for the year and an operating margin range of 9.4%-9.6% [15][16] - Anticipated modest price increases entering 2026, with a more normalized pricing environment expected [36] Other Important Information - The company returned $372 million to shareholders through share repurchases and dividends [5][14] - Continued investment in organic growth through capital expenditures, totaling $118 million for the quarter [13][14] Q&A Session Summary Question: Data center and large capital projects growth - Management estimates large capital projects account for mid to high single digits of total revenue, with data centers making up over 50% of that [20][22] Question: Outlook for November and early 2026 - Current growth for October to early December is about 3%, with expectations for continued pressure in new residential and HVAC markets [25][27] Question: Pricing trends and commodity outlook - Inflation was about 3%, with expectations for modest price increases entering 2026 [36] Question: Impact of investments in trainees and HVAC expansion - The trainee program continues to add 250-300 trainees annually, and HVAC counter conversions have reached 650 [55][56] Question: Gross margin trends for the fourth quarter - Expected gross margin range is between 30% and 31% as the year ends [66]

Lands' End (NasdaqCM:LE) Q3 2026 Earnings Call December 09, 2025 08:30 AM ET Company ParticipantsDana Telsey - Founder, CEO, and Chief Research OfficerTom Altholz - Senior Director of Financial Planning and AnalysisNone - OperatorAndrew McLean - CEOBernie McCracken - CFOConference Call ParticipantsSteve Silver - Senior Equity Research AnalystEric Beder - CEO and Consumer Equity AnalystNoneHello and welcome, everyone, joining today's Lands' End third quarter 2025 earnings call. At this time, all participants ...

Toll Brothers (NYSE:TOL) Q4 2025 Earnings Call December 09, 2025 08:30 AM ET Speaker0Good morning and welcome to the Toll Brothers Fourth Quarter Fiscal Year 2025 conference call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your telephone keypad. To withdraw your question, pl ...

Financial Data and Key Metrics Changes - Total revenue for Q3 2025 was $318 million, essentially flat year over year, while GMV increased low single digits [13] - Adjusted net income was $7 million, or $0.21 per share, with adjusted EBITDA of $26 million, representing a year-over-year increase of approximately 28% [17] - Gross margin improved to nearly 52%, an increase of approximately 120 basis points from Q3 2024 [16] Business Line Data and Key Metrics Changes - U.S. e-commerce business generated $180 million, a decrease of approximately 3% compared to Q3 2024, attributed to improved promotional productivity [13] - Third-party marketplace business grew approximately 34%, with significant contributions from Amazon and Macy's [13][14] - School uniform business grew over 20%, driven by a strong back-to-school season [14] Market Data and Key Metrics Changes - Sales in Europe decreased approximately 20% year-over-year due to increased promotional activity and macroeconomic pressures [16] - Revenue from the licensing business grew over 30% year-over-year, reflecting increased brand visibility [16] Company Strategy and Development Direction - The company is focused on connecting with customers through an asset-light, agile business model, emphasizing high-quality solutions [4] - A long-term partnership with Delta Air Lines was secured, positioning the company as the exclusive design and manufacturing partner for uniforms [6] - The company is expanding its marketing strategy to appeal to younger consumers, with a focus on customization and personalization [9][10] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the growth momentum in North America and noted strong performance in November, particularly during the holiday season [20] - The company is focused on managing promotional levels effectively to maintain gross margins while driving sales [29][30] - Future guidance includes expected net revenue between $1.33 billion and $1.36 billion for the full year, with GMV expected to grow low single digits [19] Other Important Information - The company achieved record gross margins despite tariff uncertainties and is refining its supply chain strategies [11] - Leadership appointments were announced to strengthen strategic focus and drive growth [21][22] - The board is exploring strategic alternatives, with no further comments at this time [23] Q&A Session Summary Question: What did you see in promotional levels during Black Friday? - Management noted that promotional levels were well-managed, with a successful back-to-school campaign and strong early sales leading into the holiday season [28][29] Question: Can you provide an update on the licensing business? - Management indicated that licensing is expected to continue growing, with new licenses set to take effect in the fourth quarter and into next year [37][39] Question: How should we think about inventories going forward? - Management expressed pride in keeping inventory increases to only 3% despite tariff headwinds, indicating a focus on efficiency [46][47]

Ollie's Bargain Outlet (NasdaqGM:OLLI) Q3 2026 Earnings Call December 09, 2025 08:30 AM ET Speaker1Good morning and welcome to Ollie's Bargain Outlet's conference call to discuss financial results for the third quarter of fiscal year 2025. Please be advised that this call is being recorded, and the reproduction of this call in whole or in part is not permitted without the express written authorization of Ollie's. I would now like to introduce our host for today's call, John Rouleau, Managing Director of Cor ...

G-III Apparel Group (NasdaqGS:GIII) Q3 2026 Earnings Call December 09, 2025 08:30 AM ET Speaker1Ladies and gentlemen, thank you for standing by. Welcome to G-III Apparel Group Third Quarter Fiscal 2026 earnings call. At this time, all participants are on 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 will need to press star 1-1 on your telephone. You will then hear an automated message advising your hand is raised. ...

Designer Brands (NYSE:DBI) Q3 2026 Earnings Call December 09, 2025 08:30 AM ET Speaker1Okay. And welcome to the Designer Brands Inc. Third Quarter 2025 earnings conference call. All participants will be in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then one on a touch-tone phone. To withdraw your question, plea ...

Financial Data and Key Metrics Changes - Sales for the quarter reached $8.2 billion, representing a 5% increase year-over-year, driven by organic growth of 4% and acquisition growth of 1% [5][10] - Gross margin improved to 30.7%, an increase of 60 basis points compared to the previous year [6][11] - Operating profit grew by 14% to $808 million, with an operating margin of 9.9%, reflecting an 80 basis points expansion [6][11] - Diluted earnings per share rose nearly 16% to $2.84 [6][11] - The company maintained a strong balance sheet with a net debt to EBITDA ratio of 1.1 times [6][11] Performance by Business Lines - Residential end markets, which account for about half of U.S. revenue, faced challenges with a 1% decline in revenue [7] - Non-residential end markets performed better, with revenue increasing by 12% due to strength in large capital projects [7] - Waterworks revenues grew by 14%, driven by large capital projects and public works [8] - Ferguson Home experienced a 1% growth, while residential trade plumbing and HVAC declined by 4% and 6% respectively [9] Market Data and Key Metrics Changes - U.S. net sales increased by 5.3%, with organic growth of 4.4% and a 0.9% contribution from acquisitions [11] - Canadian net sales were up 2.2%, with organic growth of 0.7% and a 4.6% contribution from acquisitions, but faced a 1.6% adverse impact from foreign exchange [12] Company Strategy and Development Direction - The company is focused on leveraging multi-year tailwinds in both residential and non-residential markets, particularly in waterworks and HVAC sectors [6][17] - Ferguson aims to consolidate fragmented markets through acquisitions, with the recent acquisition of Moore Supply Company enhancing its HVAC presence [13][17] - The company is committed to returning surplus capital to shareholders while maintaining flexibility for strategic opportunities [14][17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in medium-term market performance despite current challenges, particularly in residential housing starts and HVAC markets [6][17] - The company anticipates approximately 5% revenue growth for the year and an operating margin range of 9.4% to 9.6% [15][17] - Management noted that the early part of 2026 is expected to see similar market conditions as the end of 2025, with growth rates around 3% [25][26] Other Important Information - The company declared a 7% increase in its quarterly dividend to $0.89 per share [6][13] - Capital expenditures for the quarter were $118 million, contributing to a free cash flow of $325 million [13] Q&A Session Summary Question: On data center and large capital projects - Management estimates that large capital projects account for mid- to high-single-digits percentage of total revenue, with data centers making up over 50% of that [20] Question: Outlook for November and early 2026 - Management indicated that Q4 growth rates are expected to be around 3%, consistent with prior expectations [25][26] Question: HVAC market conditions - The HVAC market is currently under pressure, with challenges expected to persist, but management remains optimistic about long-term growth [43] Question: SG&A investments and impacts - The company continues to invest in trainees and HVAC counter expansions, with positive impacts on performance despite a challenging market [46][50]