Emerson Electric Co. (NYSE:EMR) Citi’s 2024 Global Industrial Tech and Mobility Conference February 20, 2024 9:40 AM ET Company Participants Lal Karsanbhai - President and CEO Mike Baughman - EVP and CFO Colleen Mettler - VP of Investor Relations Conference Call Participants Andy Kaplowitz - Citigroup Andy Kaplowitz All right. We're going to get started again. Thank you for joining us. We are really excited to have Emerson with us today. We've got Lal Karsanbhai, who is the President and CEO. Lal started in ...

The Hershey Company (NYSE:HSY) 2024 CAGNY Conference Transcript February 20, 2024 11:00 AM ET Executives Michele Buck - Chairman, President and CEO Steve Voskuil - Senior Vice President and CFO Melissa Poole - Vice President, Investor Relations, FP&A and Business Analytics Shaquille O'Neal - American Former Basketball Player and Sports Analyst Analysts Andrew Lazar - Conference Chair, CAGNY, Barclays Andrew Lazar Next up, please join me in welcoming Hershey back to the CAGNY stage. Before I get to my actual ...

Honeywell International Inc. (NASDAQ:HON) Citi’s 2024 Global Industrial Tech and Mobility Conference February 20, 2024 8:00 AM ET Company Participants Vimal Kapur - CEO Conference Call Participants Andrew Kaplowitz - Citi Andrew Kaplowitz We're going to get started. Again, appreciate everyone joining us. For those of you who weren't at our first meeting, early risers, again, welcome to Citi's Global Industrial Tech and Mobility Conference. We are very excited to have Honeywell with us. We've got Vimal Kapur ...

General Mills, Inc. (NYSE:GIS) 2024 CAGNY Virtual Conference Call Summary Company Overview - General Mills is a $20 billion company with nine iconic billion-dollar brands, recognized as the number one provider of natural and organic packaged foods in the U.S. [7][10] - The company has a strong commitment to brand building, innovation, and digital capabilities, supported by a robust supply chain and margin management program [2][5]. Core Messages from the Conference 1. **Accelerate Strategy**: The strategy has driven strong results and returns for shareholders, focusing on long-term sustainable growth despite short-term headwinds [5][6]. 2. **Investment in Brands**: Continued investment in leading brands and capabilities is essential for delivering long-term growth [5][12]. 3. **Positioning for Growth**: General Mills is well-positioned to translate growth into top-tier value creation for shareholders [5][6]. Financial Performance - Between fiscal 2018 and fiscal 2023, General Mills achieved: - 5% compound annual growth in organic net sales - 6% growth in constant currency adjusted operating profit - 7% growth in constant currency adjusted diluted EPS [11]. - For fiscal 2024, the company expects organic net sales to range between -1% and flat, with adjusted operating profit and diluted EPS growth of 4% to 5% in constant currency [12]. Market Dynamics - Current challenges include slow industry volume recovery and competitive headwinds from smaller competitors [11][12]. - Positive indicators include moderating inflation, improved supply chain conditions, and rising consumer confidence [13]. Strategic Focus Areas 1. **Product Platforms**: Focus on five global platforms (cereal, pet food, snack bars, Mexican food, and ice cream) that account for approximately 50% of worldwide net sales [9]. 2. **Geographic Priorities**: North America is the primary market, representing about 85% of fiscal 2023 net sales, with additional focus on China, Brazil, the UK, France, Australia, and India [9]. 3. **Portfolio Reshaping**: Nearly 20% of the net sales base has been reshaped since fiscal 2018, enhancing growth exposure [10]. Innovation and Brand Building - Increased media investment by 41% from fiscal 2018 to fiscal 2023, with a focus on relevant messaging [16]. - Successful product innovations include new offerings in the U.S. cereal category and snack products [21][22]. - The humanization trend in pet food is driving growth, with Blue Buffalo positioned to capitalize on this trend [24][25]. Digital and Technology Investments - Significant investments in digital infrastructure have led to a 40-fold increase in data science capabilities since 2018 [28]. - E-commerce sales have grown from 4% to mid-teens of U.S. retail sales, outpacing brick-and-mortar growth [29]. - Enhanced supply chain efficiencies through AI and data-driven approaches have improved customer service and reduced costs [33]. Commitment to Sustainability - General Mills is focused on improving food security, community strength, and regenerative agriculture, with over 500,000 acres engaged in regenerative practices [34]. Shareholder Return Model - The company aims for 2% to 3% organic net sales growth, mid-single-digit growth in adjusted operating profit, and a free cash flow conversion rate of approximately 95% [37]. - General Mills has returned over $10 billion to shareholders through dividends and share repurchases from fiscal 2018 to fiscal 2023 [44]. Conclusion - General Mills is navigating a dynamic operating environment with a clear strategy focused on brand building, innovation, and digital capabilities, positioning itself for continued profitable growth and shareholder returns [46].

Mama's Creations, Inc. (NASDAQ:MAMA) Investor Day Presentation February 13, 2024 1:00 PM ET Company Participants Adam Michaels - Chairman and CEO Lauren Sella - Chief Marketing Officer Anthony Gruber - Chief Financial Officer Conference Call Participants Note: Transcript Provided by the Company. Adam Michaels Good afternoon. Welcome. For those online, I’m Adam Michaels, and am fortunate enough to be the Chairman and CEO of Mama's Creations. First, I want to say thank you to everybody that's here and who bra ...

The Williams Companies, Inc. (NYSE:WMB) Williams 2024 Analyst Day February 14, 2024 8:30 AM ET Company Participants Danilo Juvane - Vice President-Investor Relations Alan Armstrong - President and Chief Executive Officer Michael Dunn - Chief Operating Officer Chad Zamarin - Executive Vice President-Corporate Strategic Development John Porter - Chief Financial Officer Lane Wilson - General Counsel Debbie Pickle - Chief HR Officer Conference Call Participants Jeremy Tonet - JPMorgan Sunil Sibal - Seaport Glob ...

Swiss Re AG (OTCPK:SSREY) FY2023 Earnings Conference Call February 16, 2024 8:00 AM ET Company Participants Christian Mumenthaler - Group Chief Executive Officer John Dacey - Group Chief Financial Officer Thomas Bohun - Head of Investor Relations Conference Call Participants Andrew Ritchie - Autonomous Kamran Hossain - JPMorgan Vinit Malhotra - Mediobanca Will Hardcastle - UBS Ivan Bokhmat - Barclays Freya Kong - Bank of America Roland Pfaender - ODDO BHF Darius Satkauskas - Keefe, Bruyette & Woods Operato ...

BlackBerry Limited (NYSE:BB) Wolfe Research Global Auto and Auto Tech Conference February 15, 2024 2:15 PM ET Company Participants John Wall - SVP and Co-Head, BlackBerry Technology Solutions Tim Foote - Head of IR Conference Call Participants Shreyas Patil - Wolfe Research Shreyas Patil Yes, BlackBerry here. So just - so BlackBerry $624 million company founded in 1980s and it has become a leading intelligence security software and service provider to businesses all around the world. Our focus today is goin ...

General Motors Company (NYSE:GM) Wolfe Research Global Auto and Auto Tech Conference February 15, 2024 10:55 AM ET Company Participants Mary Barra - Chair and Chief Executive Officer Conference Call Participants Rod Lache - Wolfe Research Rod Lache [Abrupt Start] …in GM's messaging recently. The most obvious being the increased focus on returns to shareholders that culminated in a $10 billion share repurchase, almost 25% of the company's outstanding shares. If GM can sustain this level of profitability, we ...

Ford Motor Company (NYSE:F) Wolfe Research Global 2024 Auto and Auto Tech Conference February 15, 2024 8:55 AM ET Company Participants Jim Farley - President, CEO & Director John Lawler - CFO Conference Call Participants Rod Lache - Wolfe Research Jim Farley [Call Starts Abruptly] … a much stronger Ford. We would have a much stronger base. The irony of that though is that if we had done that quicker, would we have really trusted that organization to disrupt itself like we have. I think one of the biggest gi ...