Antero Resources (AR) FY 2025 Annual General Meeting June 04, 2025 09:00 AM ET Speaker0 Good morning, ladies and gentlemen. It is now 08:30 a. M. Mountain Time, and in accordance with the notice of annual meeting, I call the Ontario Resources Corporation twenty twenty five Annual Meeting of Stockholders to order. I am Yvette Schultz, Chief Compliance Officer, Senior Vice President of Legal, General Counsel, and Corporate Secretary, and have been appointed by Mr. Paul Rady, Chairman of the Board of Directors ...

Shake Shack (SHAK) FY 2025 Annual General Meeting June 04, 2025 09:00 AM ET Speaker0 Thank you, and good morning, everyone. I'm excited to be here and even more excited about what lies ahead for Shake Shack. It's hard to believe that I just celebrated my anniversary of as the CEO of this great company, and I look forward to working with our amazing team members to realize our aspirational goals. We greatly appreciate your interest in Shake Shack and for taking the time to join us today. I'd like to start by ...

Financial Data and Key Metrics Changes - For FY 2025, the company achieved an impressive 8% revenue growth, adding nearly $400 million to reach a record of $5.6 billion [14] - Gross profit margin increased by 122 basis points, leading to a 22% rise in operating profit [14] - Earnings per share (EPS) rose by 26% to $4.06, marking FY 2025 as the most profitable year in the company's history [14] - The first quarter of FY 2026 started strong with an 11% revenue growth and a 78% increase in EPS [14] Business Line Data and Key Metrics Changes - Anthropologie and Free People, the two larger brands, continued to grow their revenues and maintain healthy mid-teen operating margins [17] - FB Movement is outpacing its sister brand due to new store openings and strong wholesale demand [17] - Nuuly, the women's apparel rental business, is recognized as a high-growth concept with profitability and scaling potential [17] Market Data and Key Metrics Changes - Urban Outfitters North America showed steady progress with positive comparable sales for the quarter and a significant increase in new full-price customers [17] - In Europe, Urban Outfitters experienced strong comparable sales gains, resulting in increased profitability [18] Company Strategy and Development Direction - The company is focused on attracting new customers, retaining loyal ones, and growing market share across all brands [16] - There is a commitment to monitoring supply chain risks and global uncertainties while aiming for continued revenue growth and margin expansion [18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to continue growing revenue and expanding margins for the full year and beyond [19] - Despite broader economic uncertainties, customer demand remains strong, with no signs of a slowdown observed [15] Other Important Information - The company has prepared and issued an annual report on Form 10-K, detailing recent operating results and financial condition [12] Q&A Session Summary Question: Are there any questions from shareholders? - There were no questions from shareholders during the meeting [20]

TechTarget (TTGT) Q4 2024 Earnings Call June 04, 2025 08:30 AM ET Company Participants Charlie Rennick - General Counsel & Corporate SecretaryGary Nugent - CEODan Noreck - CFO Conference Call Participants Joshua Reilly - Senior AnalystJason Kreyer - Senior Research AnalystEric Martinuzzi - Senior Research Analyst Operator Hello, everyone, and thank you for joining the Informa Tech Target reports 2024 full year financial results. My name is Sami, and I'll be coordinating your call today. I'll now hand over t ...

Financial Data and Key Metrics Changes - The company reported total revenue of $474 million for the first quarter, an increase of approximately 4% year-over-year, driven by a 5% growth in comparable sales, marking the third consecutive quarter of positive comps [34][35] - Adjusted gross margin for the quarter was 46.7%, a decline of 90 basis points compared to the previous year, primarily due to a shift towards higher price point but lower margin products [35] - Adjusted earnings per share loss improved by $0.05 year-over-year, with an adjusted diluted loss per share of $2.05 for the quarter compared to a loss of $2.10 last year [38][42] Business Line Data and Key Metrics Changes - Journeys led the business with comparable sales up 8%, while Schuh saw a 1% increase, and Johnston and Murphy experienced a 2% decline in comps [34][35] - The company noted that all channels posted positive growth, with store comps improving by 5% and direct comps increasing by 7% [34][36] - Schuh's digital capabilities and e-commerce business remained a key channel, with digital sales growth outpacing store sales in Q1 [19] Market Data and Key Metrics Changes - The consumer environment was described as choppy, with consumers showing a willingness to shop during specific events like Valentine's Day and Easter, but retreating during quieter periods [5][6] - The UK consumer remains selective, impacting the footwear category and overall purchases [19] Company Strategy and Development Direction - The company is focused on diversifying its product offerings and strengthening its leadership in premium athletic footwear, with a significant increase in athletic sales contributing to overall growth [25][26] - The strategic growth plan for Journeys includes enhancing product assortments, improving customer experience through store remodels, and leveraging brand partnerships [24][29] - The company is actively mitigating tariff impacts by diversifying suppliers and sourcing from countries with lower tariffs, aiming to reduce dependence on China [12][13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating the current trade environment and emphasized the importance of compelling footwear and freshness to motivate consumer purchases [8][9] - The company reaffirmed its full-year EPS guidance range of $1.30 to $1.70, despite acknowledging increased uncertainty in the external consumer environment [42][43] - Management highlighted the importance of the back-to-school and holiday shopping periods for driving sales and expressed optimism about the second half of the fiscal year [30][42] Other Important Information - The company ended the quarter with 1,256 total stores, having closed 26 stores and opened 4, resulting in a net reduction of 65 stores year-over-year [40] - Free cash flow for the quarter was negative $120 million, impacted by higher capital spending and inventory growth to meet consumer demand [39][40] Q&A Session Summary Question: Can you talk about the impacts of new athletic brand relationships on Q1 comps? - Management noted that existing brands drove the comp, but new brands like HOKA and Saucony had a positive impact, validating Journeys' position in lifestyle running [50][51] Question: How did the vulcanized product category perform? - Management acknowledged pressure on vulcanized products but stated that strength in other brands offset this pressure [53][54] Question: What are the expectations for Journeys in the back half of the year? - Management indicated that while they are lapping more difficult comparisons, they are optimistic about serving a broader market and continuing to strengthen product leadership [67][70] Question: How does the company view recent M&A activity in the footwear landscape? - Management expressed confidence in their positioning, focusing on lifestyle-driven offerings for the teen market, which differs from the performance-focused M&A activity [78][79] Question: What are the expectations regarding gross margins and price increases? - Management discussed the shift towards athletic products impacting margins but emphasized that they do not expect to absorb gross margin reductions due to tariffs [80][81]

Sprinklr (CXM) Q1 2026 Earnings Call June 04, 2025 08:30 AM ET Company Participants Eric Scro - VP - Finance & Head of Investor RelationsRory Read - President, CEO & DirectorManish Sarin - Chief Financial OfficerArjun Bhatia - Co-Group Head - Technology, Media & CommunicationsPinjalim Bora - Executive Director - Equity ResearchJackson Ader - Managing DirectorRaimo Lenschow - Managing DirectorElizabeth Porter - Executive Director Conference Call Participants Catharine Trebnick - Senior Research AnalystPatric ...

Sprinklr (CXM) Q1 2026 Earnings Call June 04, 2025 08:30 AM ET Speaker0 Greetings. Welcome to Sprinklr First Quarter Fiscal Year twenty twenty six Earnings Call. At this time, participants are in a listen only mode. A question and answer session will follow the formal presentation. As a reminder, this call is being recorded. It is now my pleasure to introduce Eric Skrow, Vice President, Finance. Thank you. You may begin. Speaker1 Thank you, operator, and welcome, everyone, to Sprinklr's first quarter fiscal ...

Financial Data and Key Metrics Changes - The company reported total revenue of $474 million for Q1 2026, an increase of approximately 4% year-over-year, driven by a 5% growth in comparable sales, marking the third consecutive quarter of positive comps [30][31] - Adjusted gross margin for the quarter was 46.7%, a decline of 90 basis points compared to the previous year, primarily due to a shift towards higher price point but lower margin products [32] - SG&A expenses were 52.5% of sales, improving by 170 basis points year-over-year, driven by reduced occupancy and bonus expenses along with cost-saving initiatives [33] Business Line Data and Key Metrics Changes - Journeys led the business with comparable sales up 8%, while Schuh saw a 1% increase, and Johnston and Murphy experienced a 2% decline in comps [30][31] - Journeys' strong performance was attributed to a strategic focus on product assortment and brand partnerships, resulting in double-digit gains across several brands [14][23] - Schuh's comps increased due to improved brand access and digital capabilities, with over 40% of sales coming from e-commerce [18] Market Data and Key Metrics Changes - The consumer environment remains choppy, with consumers showing willingness to shop during key events but retreating during quieter periods [5][28] - The UK consumer market is under pressure, impacting Schuh's performance, while Johnston and Murphy faced challenges in factory store traffic [19][28] Company Strategy and Development Direction - The company is focused on diversifying its product offerings and strengthening its brand partnerships, particularly in the athletic category, to capture a broader teen market [22][23] - The strategic growth plan for Journeys includes enhancing product assortment, elevating customer experience through new store designs, and increasing brand awareness through marketing initiatives [26][68] - The company is actively mitigating tariff impacts by diversifying suppliers and adjusting inventory strategies [12][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating the current trade environment and emphasized the importance of compelling footwear and freshness to drive consumer purchases [7][10] - The company reiterated its full-year EPS guidance of $1.3 to $1.7, acknowledging ongoing macroeconomic uncertainties and the impact of tariffs [38][39] - Management expects positive comps for Journeys in Q2, despite challenges in other business segments [56][58] Other Important Information - The company ended the quarter with a negative free cash flow of $120 million, attributed to higher capital spending and inventory growth to meet consumer demand [36][37] - The company repurchased approximately 605,000 shares during the quarter, representing about 5% of its outstanding shares [37] Q&A Session Summary Question: Can you talk about the impacts of new athletic brand relationships on Q1 comp? - Management noted that existing brands drove the comp, but new brands like HOKA and Saucony had a positive impact, validating Journeys' position in lifestyle running [46][48] Question: How did vulcanized product trends compare to expectations? - Management acknowledged pressure on vulcanized products but stated that strength in other brands offset this pressure [50][51] Question: What is the guidance for Journeys in Q2? - Management indicated that Journeys is tracking similarly to Q1, with expectations for a positive comp, despite challenges in other segments [56][58] Question: What are the drivers for Journeys in the back half of the year? - Management highlighted the focus on product assortment, store remodels, and marketing initiatives as key drivers for growth [60][68] Question: How does the company view recent M&A activity in the footwear landscape? - Management stated that the company is positioned differently from competitors focused on performance athletic, emphasizing lifestyle and style-driven strategies [77][78] Question: What are the impacts on gross margin and balancing price increases? - Management explained that the shift to athletic products has affected margins, but they are working with brand partners to manage costs and maintain profitability [79][80]

Financial Data and Key Metrics Changes - Reported revenues for 2024 were $285 million with a GAAP net loss of $117 million, reflecting acquisition and integration costs as well as non-cash impairments [5] - Adjusted EBITDA was $31 million, with a combined company net loss of $166 million and combined adjusted EBITDA of $82 million [6] - The financial position at year-end was strong, with cash, cash equivalents, and short-term investments of approximately $354 million [6] Business Line Data and Key Metrics Changes - The combined company delivered full-year revenues of $490 million, indicating broadly flat underlying performance due to a subdued market backdrop [6] - The restructuring of the sales organization has been accelerated, focusing on larger customer accounts through dedicated service teams [9] Market Data and Key Metrics Changes - The company operates at the intersection of technology and B2B marketing, representing a $20 billion addressable market [7] - The business environment remains subdued, with no significant improvement or deterioration expected in 2024 [25] Company Strategy and Development Direction - The focus for 2025 is on combining strengths across brands, products, and talent to position the business for long-term growth [8] - The company is tracking well ahead of its year-one operating cost synergy target of $5 million, with confidence in meeting or exceeding the overall run rate synergies targeted by year three [9] Management's Comments on Operating Environment and Future Outlook - Management described the performance in 2024 as robust, holding revenues while improving margins despite geopolitical tensions and macroeconomic uncertainties [6] - Confidence in improving performance in the second half of the year is based on investments made and the new go-to-market model [25] Other Important Information - The company is applying AI to improve efficiency and effectiveness across various business areas, including research, marketing, and sales [13][14] - The restructuring of the intelligence and advisory portfolio aims to better meet evolving customer demands by packaging services into larger offerings [33] Q&A Session Summary Question: Impact of AI on the business - Management sees AI as both a market opportunity and a means to improve internal efficiency and product offerings [12][13] Question: Cost synergies and revenue synergies - Management is confident in meeting or exceeding the $45 million target for cost and revenue synergies [16] Question: Short-term disruption in January and February - Disruption was related to the implementation of the combination plan, but management felt it was important to execute quickly to anticipate market opportunities [18] Question: Details on the subdued market - The subdued market reflects a continuation of patterns seen in 2024, with no significant changes expected [24] Question: Subscription business performance - Renewal rates for the subscription business are holding flat year-on-year, with a focus on acquiring new customers and upselling existing ones [30][31] Question: Repositioning of Netline product - The repositioning of the Netline product to the volume end of the market has been positively received [32] Question: Reshaping of the intelligence and advisory portfolio - The reshaping involves packaging services into fewer, larger offerings aligned with market segments [33]

Jiayin Group (JFIN) Q1 2025 Earnings Call June 04, 2025 08:00 AM ET Company Participants Sam Lee - Head - IRYifang Xu - Chief Risk Officer & DirectorChunlin Fan - Chief Financial OfficerYuxuan Chen - VP - Quant Trader of Prop Trading Conference Call Participants None - Analyst Operator Good day, ladies and gentlemen. Thank you for standing by, and welcome to the Jiayin Group's First Quarter twenty twenty five Earnings Conference Call. Currently, all participants are in a listen only mode. Later, we will con ...