Ranpak (PACK) Q1 2025 Earnings Call May 06, 2025 08:30 AM ET Speaker0 Good morning, and welcome to the Randpak Holdings Corp. First Quarter twenty twenty five Earnings Call. All participants are in a listen only mode. After the speakers' remarks, we will conduct a question and answer session. As a reminder, this conference call is being recorded. I would now like to turn the call over to Sarah Horvath, General Counsel. Please go ahead. Speaker1 Thank you, and good morning, everyone. Before we begin, I'd lik ...

Orthofix Medical (OFIX) Q1 2025 Earnings Call May 06, 2025 08:30 AM ET Speaker0 Thank you for standing by. My name is Tina, and I will be your conference operator today. At this time, I would like to welcome everyone to the Orthofix First Quarter twenty twenty five Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. Thank you. I will now turn the call over to Julie Dewey. Please go ahead. Speaker1 Thank ...

Omnicell (OMCL) Q1 2025 Earnings Call May 06, 2025 08:30 AM ET Speaker0 Good morning. My name is Carly, and I will be your conference operator today. At this time, I would like to welcome everyone to the Omnicell First Quarter twenty twenty five Financial Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. Thank you. I would now like to turn the call over to Kathleen Nemeth, Senior Vice Preside ...

Neuronetics (STIM) Q1 2025 Earnings Call May 06, 2025 08:30 AM ET Speaker0 Good day, and thank you for standing by. Welcome to the Neuronetics Reports First Quarter twenty twenty five Financial and Operating Results Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. To ask a question during the session, you will need to press 11 on your telephone. You will then hear an automated message advising that your ...

Financial Data and Key Metrics Changes - The company reported a global RevPAR increase of 4.1% year-over-year, exceeding the guidance range of 3% to 4% [6][19] - Average Daily Rate (ADR) increased by 3%, while occupancy rose by 1% [6] - Total gross fee revenues increased by 5% year-over-year to $1.28 billion [19] - Adjusted EBITDA totaled $1.22 billion, reflecting a 7% increase [20] Business Line Data and Key Metrics Changes - Group RevPAR rose by 8% globally, while business transient and leisure transient each grew by 2% globally [9] - The U.S. and Canada region saw a RevPAR increase of 2% year-over-year, impacted by a decline in government-related demand [18][19] - International RevPAR increased nearly 6%, with APAC leading at an 11% growth [7][9] Market Data and Key Metrics Changes - RevPAR in Greater China declined by 2% due to a weaker macro environment, although it was better than expected [9] - EMEA region experienced a 6% increase in RevPAR, driven by strong transient demand [9] - The U.S. government segment contributed to a 10% year-over-year decline in RevPAR for the U.S. and Canada region [18] Company Strategy and Development Direction - The company is lowering its full-year RevPAR growth guidance by 50 basis points due to a cautious outlook in the U.S. and Canada [11] - Development activity remains strong, with a record 35% increase in signings year-over-year, totaling over 587,000 rooms in the pipeline [12][13] - The company is focused on enhancing efficiency and productivity, which is expected to yield cost savings for owners and franchisees [20][29] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's resilience despite macroeconomic uncertainties, noting solid demand across group and transient guests [6][10] - The outlook for the second quarter anticipates a global RevPAR increase of 1.5% to 2.5%, with full-year growth expected to be 1.5% to 3.5% [22][23] - Management highlighted the importance of the Marriott Bonvoy loyalty program, which had nearly 237 million members, contributing to strong customer engagement [14] Other Important Information - The company is undergoing a multi-year digital and technology transformation to enhance operational efficiency and customer experience [15] - The CitizenM transaction is expected to close in the latter half of the year, contributing to net rooms growth [20][29] Q&A Session Summary Question: Can you elaborate on the weaker select service performance? - Management noted that March saw softness in the U.S. and Canada, but preliminary April results showed improvement, excluding the impact of Easter [34][36] Question: What is the owner's commitment to the CitizenM brand? - Management indicated strong enthusiasm from owners regarding the CitizenM partnership, leveraging Marriott's extensive developer network for growth [40] Question: How are conversations with developers in the U.S. regarding full-service hotels? - Management reported that signings were up significantly, indicating long-term confidence among owners despite short-term uncertainties [44][46] Question: What is the outlook for inbound international travel to the U.S.? - Management highlighted a positive trend in international room nights, with a mix higher than the previous year, despite a decline from Canada [76][78] Question: How is the group booking pace trending into 2026? - Management reported a 7% increase in forward bookings for 2026, indicating strong demand [84] Question: What are the expectations for conversions in the current economic environment? - Management expressed optimism about conversion volumes remaining steady, supported by low new supply growth and strong demand for conversions [104][108]

Financial Data and Key Metrics Changes - The company reported a 4.1% increase in global RevPAR for Q1 2025, exceeding the guidance range of 3% to 4% [5][10] - Average Daily Rate (ADR) increased by 3%, while occupancy rose by 1 percentage point [5][10] - Total gross fee revenues increased by 5% year over year to $1.28 billion [17] - Adjusted EBITDA totaled $1.22 billion, reflecting a 7% increase [18] Business Line Data and Key Metrics Changes - Group RevPAR rose by 8% globally, while business transient and leisure transient each grew by 2% globally [7][21] - The select service segment in the U.S. and Canada experienced softer growth, particularly in March [9][16] - International RevPAR increased nearly 6%, with APAC leading at an 11% rise [6][21] Market Data and Key Metrics Changes - RevPAR in the U.S. and Canada rose over 3%, with luxury and full-service hotels outperforming select service properties [5][6] - In EMEA, RevPAR rose by 6% due to strong transient demand [7] - Greater China saw a 2% decline in RevPAR, primarily due to a weaker macro environment [7][21] Company Strategy and Development Direction - The company is lowering its full-year RevPAR growth guidance by 50 basis points due to a cautious outlook in the U.S. and Canada [10][20] - Development activity remains robust, with a record 35% increase in signings year over year, totaling over 587,000 rooms in the pipeline [11][12] - The company is focused on enhancing efficiency and productivity, which contributed to a 6% decline in G&A expenses [18][26] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's agility and resilience amid heightened macroeconomic uncertainty [9][10] - The outlook for the second quarter anticipates a global RevPAR increase of 1.5% to 2.5% [20] - Management noted that demand trends internationally remain strong, except for Greater China, which is expected to be flat [21][22] Other Important Information - The company is expanding its portfolio with the addition of the CitizenM brand, which is expected to enhance growth opportunities [12][13] - The Marriott Bonvoy loyalty program reached nearly 237 million members, with member penetration at a record 68% of room nights globally [13][14] - Full-year adjusted diluted EPS is anticipated to be between $9.82 and $10.19, with an effective tax rate around 26% [26][27] Q&A Session Summary Question: Can you elaborate on the weaker select service performance? - Management noted that March saw softness in the U.S. and Canada, attributed to macroeconomic factors and the impact of government layoffs [32][34] Question: What is the owner's commitment to the CitizenM brand? - Management indicated strong enthusiasm from owners regarding the brand's positioning and growth potential [38] Question: How are developers reacting to current market conditions? - Developers remain optimistic about long-term opportunities despite short-term turbulence, with signings up significantly [42][44] Question: What is the outlook for inbound international travel to the U.S.? - The company reported a higher international mix in Q1 compared to the previous year, with strong demand from various countries [70][71] Question: How is the group booking pace trending into 2026? - Forward bookings for 2026 are tracking up about 7%, indicating positive momentum [77]

Financial Data and Key Metrics Changes - Total company revenue for Q1 2025 was $180 million, an increase of $26 million or 17% compared to Q1 2024 [18] - Adjusted EBITDA increased by $8.4 million or 39% year-over-year, reaching $30 million [19] - Net income improved by $5.2 million to $1 million, with income available to stockholders approximately breakeven at $0.00 per diluted share [22] Business Line Data and Key Metrics Changes - Lindblad segment revenues were $131 million, an increase of $13 million or 11% compared to the prior year [19] - Land experiences revenues were $49 million, an increase of $13 million or 38% compared to Q1 2024, driven by increased trips and the acquisition of Wyneland Thompson Adventures [19] - Occupancy increased by 13 percentage points from 76% to 89%, with net yield per available guest night increasing by 25% to $1,521, the highest in company history [19][6] Market Data and Key Metrics Changes - Bookings for 2025 and 2026 are tracking ahead of the prior year in both segments, indicating strong demand despite macroeconomic challenges [6][34] - The company is seeing positive momentum in bookings, particularly in the last couple of weeks, although April bookings were less consistent [34] Company Strategy and Development Direction - The company focuses on three strategic pillars: maximizing revenue generation, optimizing financial performance, and exploring accretive growth opportunities [8] - The company is enhancing its financial transparency practices and introducing net yield expectations for 2025, expecting a growth of 7% to 10% [14][25] - The company is committed to sustainability, which is central to its mission, and is actively involved in community initiatives [15][16] Management's Comments on Operating Environment and Future Outlook - Management remains cautiously optimistic about the future, with bookings for 2025 and 2026 ahead of prior year levels [34] - The company acknowledges the complex macroeconomic environment but believes it is well-positioned due to its focus on experiential travel for high-income demographics [7][34] Other Important Information - The company completed the purchase of two expedition vessels, enhancing its fleet capacity [18] - The company is expanding its international presence, particularly in the UK, to tap into the growing adventure travel market [11] Q&A Session Summary Question: What drove the strong occupancy in the quarter? - Management indicated that the strong occupancy was due to a combination of expanded audience from the Disney partnership, charter businesses, and a stronger revenue management strategy [30] Question: How has the current booking environment been affected by macroeconomic factors? - Management noted that while April bookings were less consistent, there has been positive momentum in recent weeks, and bookings for 2025 and 2026 remain ahead of prior year [34] Question: How did capacity adjustments impact yields? - Management explained that lower capacity due to drydocks allowed for higher occupancy growth, supported by demand generation activities [38] Question: What is the status of dynamic pricing implementation? - Management confirmed that dynamic pricing strategies have been initiated, allowing for more flexible pricing based on demand [40] Question: How is the fly cruise program performing? - Management reported that the fly cruise program is in high demand and is practically sold out for 2026, with increased capacity planned for 2027 [43]

LCI Industries (LCII) Q1 2025 Earnings Call May 06, 2025 08:30 AM ET Speaker0 Hello, everyone, and thank you for joining the LCI Industries First Quarter twenty twenty five Conference Call. My name is Lucy, and I will be coordinating your call today. I will now hand over to your host, Lillian Etsgaun, CFO of LCI to begin. Please go ahead. Speaker1 Good morning, everyone, and welcome to the LCI Industries first quarter twenty twenty five conference call. I am joined on the call today with Jason Lippert, Pres ...

Krystal Biotech (KRYS) Q1 2025 Earnings Call May 06, 2025 08:30 AM ET Speaker0 Thank you for standing by, and welcome to the Crystal Biotech First Quarter twenty twenty five Earnings Call. At this time, all participants are on a listen only mode. After the speakers' presentations, there will be a question and answer session. As a reminder, today's conference is being recorded. I would now like to hand the conference over to your host, Stephane Paquette, Vice President of Corporate Development. Please begin. ...

Kontoor Brands (KTB) Q1 2025 Earnings Call May 06, 2025 08:30 AM ET Speaker0 Good morning, ladies and gentlemen, and welcome to the Kontoor Brands First Quarter twenty twenty five Earnings Conference Call. At this time, all lines are in a listen only mode. Following the presentation, we will conduct a question and answer session. I would now like to turn the conference call over to Michael Karapitian, Vice President of Corporate Development, Enterprise Strategy and Investor Relations. Please go ahead. Speak ...