Earnings Call Transcripts
Access detailed transcripts and key takeaways from company earnings calls
All Earnings Calls
Franklin Covey Q1 FY2026 Earnings Call - Strong Invoiced Amounts Growth in North America Signals Return to Growth
Franklin Covey reports a pivotal first quarter for fiscal year 2026, marked by a 7% increase in invoiced amounts in Enterprise North America, accelerating to 13% when excluding government contracts. A...
- Franklin Covey's fiscal 2026 Q1 showed 7% growth in invoiced amounts in Enterprise North America, 13% excluding government business.
- Fiscal 2025 was a transition year with declines in invoiced amounts and reported sales; 2026 is focused on execution and return to growth.
- Large new logo subscription sales grew 25% year-over-year, indicating successful go-to-market transformation.
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Kura Sushi USA Inc Fiscal Q1 2026 Earnings Call - Navigating Tariff Headwinds While Building Comp Sales Momentum
Kura Sushi USA reported $73.5 million in sales for fiscal Q1 2026, a -2.5% comparable sales decline that nevertheless outperformed prior guidance. The quarter reflects the tail-end of tariff-driven co...
- Fiscal Q1 2026 sales reached $73.5 million with comparable sales down 2.5%, better than prior expectations.
- A 3.5% menu price increase effective Nov 1 partially offset cost pressures; full benefit expected in later quarters.
- Cost of goods sold increased to 29.9% due primarily to tariffs on imported ingredients; full-year COGS forecast around 30%.
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Kura Sushi USA Fiscal Q1 2026 Earnings Call - Encouraging Recovery and Operational Leverage despite Tariff Pressures
Kura Sushi USA delivered a mixed Q1 performance with total sales rising to $73.5 million but comparable sales declining 2.5%. The quarter showed sequential improvement, especially post-November, drive...
- Kura Sushi's Q1 2026 sales reached $73.5 million with a negative 2.5% comparable sales decline, but sequential sales trends improved notably late in the quarter.
- A 3.5% menu price increase was implemented November 1st, with pricing benefits expected to be fully realized in later quarters, supporting margin recovery.
- Food and beverage costs rose 90 basis points to 29.9% of sales, primarily due to tariffs on imported ingredients, with full-year cost of goods sold expected around 30%.
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Resources Connection, Inc. Q2 2026 Earnings Call - CEO Focuses on Cost Alignment, AI Impact, and Consulting Growth Amid Revenue Challenges
Resources Connection, Inc. reported mixed Q2 2026 results under new CEO Roger Carlisle, who emphasized the need for decisive cost structure alignment amid continued revenue headwinds. Despite a strong...
- New CEO Roger Carlisle expresses bullish long-term view but notes challenging market conditions and flat revenue momentum.
- Q2 2026 revenue declined 18.4% year-over-year with on-demand and consulting segments particularly soft; Europe/Asia Pacific and outsourced services showed modest growth.
- Adjusted EBITDA of $4 million exceeded expectations due to disciplined cost management, including a recent 5% headcount reduction targeting $6-$8 million annual savings.
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Resources Connection, Inc. Q2 2026 Earnings Call - New CEO Outlines AI Impact and Strategy Shift Amid Revenue Challenges
Resources Connection, Inc. reported Q2 2026 results marked by declining revenues and thin margins, with consolidated revenue falling 18.4% year-over-year amid ongoing market uncertainties. Newly appoi...
- Resources Connection experienced an 18.4% YoY revenue decline in Q2 2026, with soft performance in the on-demand and consulting segments.
- CEO Roger Carlisle, newly appointed in November, outlined a three-pronged strategy: cost structure alignment, revitalization of on-demand offerings, and scaling consulting capabilities.
- Adjusted EBITDA improved slightly due to rigorous cost management and reduced SG&A expenses, despite revenue softness.
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Applied Digital Fiscal Q2 2026 Earnings Call - Secures $16 Billion Hyperscale Lease Pipeline, Eyes Gigawatt-Scale Expansion
Applied Digital marked a pivotal quarter with Polaris Forge One's 100-megawatt readiness and a combined 600 megawatts locked in leases valued around $16 billion across North Dakota campuses. The aggre...
- Polaris Forge One is ready for service with 100 megawatts energized, completing first three contracted buildings on schedule.
- Applied Digital secured leases for 600 megawatts across North Dakota campuses, representing about $16 billion in prospective lease revenue over ~15 years.
- A $5 billion 15-year lease with an investment-grade U.S. hyperscaler for 200 megawatts at Polaris Forge Two is advancing as scheduled, with initial capacity expected in 2026.
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Applied Digital Fiscal Q2 2026 Earnings Call - Securing 600MW in Hyperscale Leases with $16 Billion Pipeline and Cloud Spinout
Applied Digital marked a pivotal quarter as it energized its Polaris Forge One data center, delivering 100 megawatts on schedule, and secured an additional 200 megawatt lease with a major U.S. hypersc...
- Polaris Forge One data center is operational with 100 megawatts energized, completed on schedule.
- Applied Digital secured a $5 billion, 15-year lease for 200 megawatts at Polaris Forge Two with a U.S.-based investment-grade hyperscaler.
- The two North Dakota campuses represent 600 megawatts and approximately $16 billion in prospective lease revenue over 15 years.
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Cal-Maine Foods Q2 Fiscal 2026 Earnings Call - Strategic Shift Strengthens Resilience Amid Lower Egg Prices
Cal-Maine Foods reported solid second-quarter fiscal 2026 results despite a challenging environment of lower egg prices and a tough year-over-year comparison marked by supply-demand imbalances. The co...
- Cal-Maine Foods generated $769.5 million in Q2 net sales, down 19.4% YoY, primarily due to a 26.5% drop in shell egg selling prices.
- Shell egg sales comprised 84.4% of net sales in Q2, down from 94.7% last year, reflecting a shift toward specialty eggs and prepared foods.
- Specialty eggs represented 44% of shell egg sales in Q2, up from 31.7%, while specialty eggs and prepared foods made up 46.4% of net sales, up from 31.2%.
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Cal-Maine Foods Q2 Fiscal 2026 Earnings Call - Strategic Diversification Drives Resilience Despite Lower Egg Prices
Cal-Maine Foods reported a second quarter marked by a 19.4% decline in net sales to $769.5 million, reflecting 26.5% lower egg selling prices and modest volume decreases. However, the company’s long-t...
- Cal-Maine’s Q2 net sales declined 19.4% to $769.5 million, primarily due to 26.5% lower egg selling prices and a 2.2% volume decrease.
- Specialty eggs gained market share, making up 44% of shell egg sales versus 31.7% in prior year, reflecting strong pricing and volume resilience.
- Prepared foods sales surged 586.4% year-over-year to $71.7 million, though down 14.5% sequentially as expansion projects transiently impacted volumes and costs.
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MSC Fiscal 2026 Q1 Earnings Call - Price Actions and Sales Execution Drive Growth Amid Macro Uncertainty
In MSC's Fiscal 2026 Q1 earnings call, new CEO Martina McIsaac emphasized the ongoing execution of sales optimization and service alignment initiatives, which buoyed a 4% year-over-year sales increase...
- Martina McIsaac began her tenure as CEO, reaffirming focus on core customers and sales execution.
- Fiscal Q1 sales rose 4% year-over-year, driven mainly by 4.2% price increase; volumes slightly down 0.3%.
- Federal government shutdown cut public sector sales by ~5% year-over-year and 14% sequentially, but public sector sales resumed growth post-shutdown.
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