US Foods (NYSE:USFD) FY 2025 Conference January 12, 2026 04:30 PM ET Company ParticipantsDirk Locascio - CFODave Flitman - CEOConference Call ParticipantsMark Carden - AnalystMark CardenAll right, let's kick things off. So good afternoon, everyone. I'm MarkCarden , the North American Food Retail and Food Distribution Analyst from UBS. Thank you, everyone, for joining us this afternoon. Thanks to ICR for putting together another great event. Super excited right now. Got with me today the team from US Foods. ...

Financial Data and Key Metrics Changes - The company has maintained a stable consumer backdrop despite pressures over the past few years, with a focus on market share growth and productivity improvements [3][4] - The company is optimistic about potential tailwinds in 2026, including higher tax refunds and stimulus, which could strengthen consumer sentiment [5] - The company has sustained strong profit growth with a 10% EBITDA and 20% EPS CAGR, attributed to effective execution and control of controllables [10][11] Business Line Data and Key Metrics Changes - The company has seen a long-term trend of independent restaurants outperforming chain restaurants, with expectations for this trend to continue [9] - The company has achieved 18 consecutive quarters of market share gains, focusing on new account generation and minimizing lost business [35] Market Data and Key Metrics Changes - The company is focused on three core customer types: independent restaurants, healthcare, and hospitality, which are the fastest-growing and most profitable segments [15][16] - The company has been investing heavily in its Pronto initiative, projecting revenue growth from $1 billion to $1.5 billion over the midterm [38] Company Strategy and Development Direction - The company is committed to a 100% commission compensation model to align incentives and enhance sales effectiveness [24][30] - The company is focused on tuck-in M&A opportunities to scale in local markets and improve delivery efficiency [22][23] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the sustainability of profit growth and the ability to improve EBITDA margins over the long term through process improvements and technology [46][47] - The company is excited about its future, emphasizing its unique position as a pure play food service distributor with a simple business model [50][51] Other Important Information - The company has not seen increased turnover since implementing pilot programs for the new compensation model, indicating positive reception among sales staff [28][34] - The company is actively exploring opportunities in the specialty business, leveraging its distribution capabilities to serve a broader array of customers [41] Q&A Session Summary Question: How does the company view the health of the consumer today? - Management noted that the consumer has been under pressure for the past few years but remains stable, with hopes for improvement in 2026 due to potential economic tailwinds [3][5] Question: What is the company's strategy regarding M&A? - The company is focused on tuck-in acquisitions to enhance local market scale, while remaining open to larger opportunities if they align with strategic goals [22][23] Question: How does the company plan to balance new account growth and penetration growth? - Management emphasized the importance of both new account generation and minimizing lost business, with recent success in net new account growth [36]

Zscaler (NasdaqGS:ZS) FY 2026 Annual General Meeting January 12, 2026 04:00 PM ET Company ParticipantsJames McRitchie - StockholderJay Chaudhry - CEO and ChairmanRobert Schlossman - Chief Legal Officer and SecretaryOperatorGood day, everyone, and welcome to the Zscaler, Inc. annual meeting. At this time, I'd like to turn the floor over to Jay Chaudhry. Sir, please go ahead.Jay ChaudhryGood afternoon. I'm Jay Chaudhry, founder, CEO, and chairman of the board of directors of Zscaler, Inc., and it's a pleasure ...

Financial Data and Key Metrics Changes - The company reported significant changes in its financial metrics, including the election of directors and the ratification of its independent accounting firm, PricewaterhouseCoopers LLP, for the fiscal year ending July 31, 2026 [8][16] - The stockholders approved the compensation of the company's named executive officers and expressed a preference for annual advisory votes on executive compensation [16] Business Line Data and Key Metrics Changes - No specific data on individual business lines was provided in the meeting [1][2] Market Data and Key Metrics Changes - The meeting did not include detailed market data or metrics changes [1][2] Company Strategy and Development Direction and Industry Competition - The company faces governance challenges, as highlighted by a shareholder proposal advocating for annual elections of directors to enhance accountability and align with industry best practices [10][12] - The proposal emphasizes the need for improved governance structures to foster strategic agility and accountability in a competitive market [13] Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during the meeting [1][2] Other Important Information - The company has a classified board structure, which has been criticized for limiting shareholder accountability [10][12] - The meeting included a proposal for declassifying the board, which was opposed by the company's board of directors [14] Q&A Session All Questions and Answers Question: Shareholder proposal for annual elections - The shareholder, James McRitchie, urged support for the proposal to declassify the board, arguing it would enhance accountability and align with governance best practices [10][12] - The company's board unanimously recommended voting against the proposal, citing reasons outlined in the proxy statement [14]

Zscaler (NasdaqGS:ZS) FY 2026 Annual General Meeting January 12, 2026 04:00 PM ET Speaker4Good day, everyone, and welcome to the Zscaler, Inc. annual meeting. At this time, I'd like to turn the floor over to Jay Chaudhry. Sir, please go ahead.Speaker1Good afternoon. I'm Jay Chaudhry, founder, CEO, and chairman of the board of directors of Zscaler, Inc., and it's a pleasure to welcome you to Zscaler's annual meeting of stockholders. The meeting is now called to order. I will act as the chairperson of this me ...

Rush Street Interactive (NYSE:RSI) FY 2026 Conference January 12, 2026 03:30 PM ET Company ParticipantsKyle Sauers - President and CFOJacques Cornet - PartnerConference Call ParticipantsNone - AnalystJacques CornetOkay, good afternoon, everyone. Jacques Cornet with ICR. Next up, we have Rush Street Interactive. And with us from Rush Street is Kyle Sauers. He's the President and Chief Financial Officer. RSI operates in the online casino and online sportsbook world under their consumer brands BetRivers, RushB ...

Rush Street Interactive (NYSE:RSI) FY 2026 Conference January 12, 2026 03:30 PM ET Company ParticipantsKyle Sauers - President and CFOJacques Cornet - PartnerConference Call ParticipantsNone - AnalystJacques CornetOkay, good afternoon, everyone. Jacques Cornet with ICR. Next up, we have Rush Street Interactive. And with us from Rush Street is Kyle Sauers. He's the President and Chief Financial Officer. RSI operates in the online casino and online sportsbook world under their consumer brands BetRivers, RushB ...

Rush Street Interactive (NYSE:RSI) FY 2026 Conference January 12, 2026 03:30 PM ET Speaker2Okay, good afternoon, everyone. Jacques Cornet with ICR. Next up, we have Rush Street Interactive. And with us from Rush Street is Kyle Sauers. He's the President and Chief Financial Officer. RSI operates in the online casino and online sportsbook world under their consumer brands BetRivers, RushBet, and PlaySugarHouse. I think over the last decade, many peers have spent or invested billions of dollars in chasing or w ...

Rocky Brands (NasdaqGS:RCKY) FY 2026 Conference January 12, 2026 02:30 PM ET Company ParticipantsThomas Robertson - CFO and COOJason Brooks - President and CEOConference Call ParticipantsJonathan Komp - Senior Research AnalystJonathan KompLet's get started here. I'm Jonathan Komp, a senior analyst from Baird. Very pleased to host Rocky Brands today. You may know Rocky as a company with more than 90 years of operating history and a leading designer, manufacturer, marketer of rugged boots and outdoor gear. A ...

Vital Farms (NasdaqGM:VITL) FY 2025 Conference January 12, 2026 02:30 PM ET Company ParticipantsRussell Diez-Canseco - CEOThilo Wrede - CFOConference Call ParticipantsBrian Holland - Senior Research AnalystRussell Diez-CansecoNo? Probably. Probably more danger thanClock's ticking.Oh, boy. You got it. You got this.Yeah.All right. Perfect.Brian HollandHello, everyone. Thank you for joining us today. My name is Brian Holland, Senior Research Analyst at D.A. Davidson. I'm pleased to have CEO Russell Diez-Cansec ...