Earnings Call Transcripts

Access detailed transcripts and key takeaways from company earnings calls

All Earnings Calls

LOW May 20, 2026

Lowe's Q1 2026 Earnings Call - AI and Pro Growth Offset DIY Headwinds

Lowe's delivered a solid Q1 2026 with $23.1B in sales and 0.6% comparable sales growth, driven by strength in professional, online, and home services. The company navigated a challenging DIY environme...

  • Lowe's Q1 2026 sales reached $23.1B with 0.6% comparable sales growth, beating expectations despite winter storms in February.
  • Professional customers drove consistent growth, with Pro Extended Aisle and AI-powered quote tools enhancing service and efficiency.
  • Online sales surged 15.5%, fueled by same-day delivery for loyalty members and the adoption of Mylow AI assistant, which triples conversion rates.
  • +9 more takeaways
PERI May 20, 2026

Perion Network Q1 2026 Earnings Call - AI Agent Outmax Drives 6% Platform Spend Growth Amid Web Decline

Perion Network's Q1 2026 results show a platform in transition. Revenue ticked up just 1% to $90.4 million, but the real story lives in the growth engines. Perion One spend rose 6% year over year, fue...

  • Perion One platform spend grew 6% year over year, signaling accelerating adoption of the unified AI execution layer.
  • Outmax AI agent spend surged over 300% year over year, generating more than $1 million in TikTok spend during its first quarter.
  • CTV spend jumped 68% year over year to $18 million, while digital out of home spend rose 29% to $60.6 million.
  • +7 more takeaways
VFC May 20, 2026

VF Corporation Q4 FY2026 Earnings Call - Return to Growth with 10% Margin Target in 2028

VF Corporation closed fiscal 2026 with a 1% revenue increase, marking its first year of growth in three years. The company expanded its operating margin to 7% and significantly reduced its net debt fr...

  • VF Corporation returned to full-year revenue growth in fiscal 2026, with sales increasing 1% year-over-year, ending a three-year slump.
  • Operating margin expanded to 7% in fiscal 2026, up 220 basis points from fiscal 2024, signaling improved profitability and cost discipline.
  • Net debt was reduced by more than half, dropping from $5.8 billion to $2.7 billion, with the leverage ratio falling from 5.1x to 2x in just two years.
  • +7 more takeaways
TGT May 20, 2026

Target Q1 2026 Earnings Call - Strong Start Driven by Merchandising Overhaul and Traffic Growth

Target delivered a first quarter that exceeded expectations, posting 6.7% net sales growth and 5.6% comparable sales growth. The results were driven by a 4.4% increase in foot traffic and a clear shif...

  • Net sales grew 6.7% year-over-year to $25.4 billion, with comparable sales increasing 5.6%, primarily driven by a 4.4% increase in traffic.
  • The company is executing a massive merchandising overhaul, with plans to change more product assortment in 2026 than in the last decade, focusing on beauty, food, wellness, and baby categories.
  • Early results from new merchandising strategies are positive, with double-digit sales growth in wellness categories and a 5+ percentage point acceleration in baby comp trends after introducing new services like a Baby Concierge.
  • +7 more takeaways
ROIV May 20, 2026

Roivant Sciences Q4 2025 Earnings Call - IMVT-1402 Delivers Surprisingly Deep Responses in Heavily Refractory RA Patients

Roivant Sciences reported a quarter defined by clinical momentum and a massive financial windfall. The standout moment is the preliminary open-label data from the 1402 study in difficult-to-treat rheu...

  • IMVT-1402 showed 73% ACR20, >50% ACR50, and >33% ACR70 response rates in the open-label Period 1 of the D2T RA study, a depth of response that management describes as clinically meaningful and surprising.
  • The study enrolled a heavily refractory population with 100% failing steroids/DMARDs and at least two advanced therapies, including 65% who had previously failed JAK inhibitors.
  • Safety profile for IMVT-1402 remains clean with no new drug-related signals identified, and no impact on albumin or LDL observed across hundreds of patients dosed in previous studies.
  • +7 more takeaways
GLNG May 20, 2026

Golar LNG Limited Q1 2026 Earnings Call - FLNG Backlog Surges to $17B as Fourth Unit Order Looms

Golar LNG delivered a record Q1 2026, driven by operational outperformance on its Gimi FLNG unit and sustained 100% uptime on Hilli. The company now carries a $17 billion base backlog across three lon...

  • Gimi FLNG produced 19% above contractual capacity in Q1, generating north of $700,000 per day, while Hilli maintained 100% economic uptime since 2018, delivering 152 cargoes.
  • Golar’s base backlog stands at $17 billion across three 20-year charters, with annual run-rate EBITDA expected to exceed $800 million once all units are operational.
  • The company is actively securing long-lead items to order a fourth FLNG unit within 2026, with Mark I or Mark II designs in consideration and shipyard pricing being confirmed.
  • +7 more takeaways
HAS May 20, 2026

Hasbro Q1 2026 Earnings Call - Magic's Backlist and Universes Beyond Drive Record Growth

Hasbro delivered a powerful start to 2026, with Q1 revenue surging 13% to $1 billion, fueled by Wizards of the Coast's record-breaking Magic: The Gathering momentum. Backlist sales hit a quarterly rec...

  • Hasbro Q1 2026 revenue grew 13% year-over-year to $1 billion, driven primarily by Wizards of the Coast.
  • Wizards of the Coast revenue surged 26% to $582 million, with operating margins expanding to 51.2%.
  • Magic: The Gathering backlist sales set a quarterly record, fueled by Avatar: The Last Airbender and Final Fantasy demand.
  • +7 more takeaways
AUNA May 20, 2026

Auna Q1 2026 Earnings Call - Revenue Growth Accelerates as Mexico Recovers and Colombia Diversifies Payer Mix

Auna delivered a strong start to 2026, with revenue growing 10% FX-neutral year-over-year to PEN 1.2 billion. The growth was broad-based across its three markets, driven by higher utilization in high-...

  • Consolidated revenue grew 10% FX-neutral to PEN 1.2 billion, with growth across all three segments.
  • Adjusted EBITDA fell 5% FX-neutral, pressured by one-off revenue adjustments in Peru and payroll increases in Mexico and Colombia.
  • Mexico operations recovered strongly, with adjusted EBITDA rising 19% quarter-over-quarter and margin expanding 3.5 percentage points.
  • +7 more takeaways
TATT May 20, 2026

TAT Technologies Q1 2026 Earnings Call - Record Backlog of $580M Masks Temporary Supply Chain Delay

TAT Technologies reported a slight year-over-year revenue decline in Q1 2026, but the real story is a record backlog of $580 million and expanding gross margins. The company is being held back by an i...

  • Record backlog reached $580 million, up from $550 million at year-end 2025, driven by new contract wins across all service lines.
  • Revenue slightly declined to $41.1 million year-over-year due to industry-wide supply chain disruptions delaying APU and landing gear deliveries.
  • Gross margin expanded 80 basis points to 24.4%, reflecting operational discipline and cost efficiencies despite lower revenue.
  • +9 more takeaways
CDLR May 20, 2026

Cadeler Q1 2026 Earnings Call - Backlog Holds at EUR 2.7 Billion as Execution Drives Revenue Growth

Cadeler reported a quiet but decisive quarter. Revenue nearly doubled to EUR 124.7 million as the fleet expanded and vessels moved into active installation phases. The company executed a successful pr...

  • Revenue surged to EUR 124.7 million in Q1 2026, nearly doubling the EUR 65.5 million reported in Q1 2025, driven by fleet expansion and the onset of installation activities.
  • Adjusted utilization stood at 77.7%, with management noting that Q1 was heavily weighted toward mobilization, dry docks, and vessel swaps, expecting a strong ramp-up in the second half of the year.
  • The backlog remains robust at EUR 2.7 billion, with 82% of projects having reached financial close, providing high visibility into future earnings.
  • +7 more takeaways