Earnings Call Transcripts
Access detailed transcripts and key takeaways from company earnings calls
All Earnings Calls
Accenture Q1 FY2026 Earnings Call - Robust AI Integration Drives Growth and Margin Expansion
Accenture delivered a strong Q1 fiscal 2026 with revenues hitting $18.7 billion, growing 5% in local currency, at the top of their guided range. Bookings rose 12% in US dollars to $20.9 billion, fuele...
- Accenture reported Q1 FY2026 revenue of $18.7 billion, growing 5% in local currency, at the top of their guidance.
- Bookings reached $20.9 billion, up 12% in US dollars and 10% in local currency, with managed services growing faster than consulting.
- Advanced AI bookings doubled year-over-year to $2.2 billion this quarter, with revenue reaching approximately $1.1 billion.
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Worthington Steel Q2 FY2026 Earnings Call - Market Share Gains Drive Solid Results Amid Mixed Demand and Compressed Galvanized Spreads
Worthington Steel delivered a robust second quarter despite a mixed demand environment and challenging galvanized steel spreads, reporting net sales of $871.9 million and adjusted EBITDA of $48.3 mill...
- Worthington Steel reported Q2 FY2026 net sales of $871.9 million and adjusted EBITDA of $48.3 million amid a mixed market and compressed galvanized spreads.
- Adjusted earnings per share rose to $0.38, nearly doubling from $0.19 in the prior year quarter, driven by improved volumes and spreads.
- Automotive shipments increased 26% year-over-year, reflecting strong OEM relationships and market share gains, particularly in cold rolled strip.
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MillerKnoll Q2 FY2026 Earnings Call - Retail Expansion and Contract Order Growth Drive Momentum
MillerKnoll reported a strong second quarter with adjusted EPS of $0.43, surpassing expectations despite a slight organic sales decline due to prior quarter pull-ahead in the contract segment. The com...
- MillerKnoll delivered adjusted EPS of $0.43 in Q2 FY2026, beating expectations with strong gross margin at 39%.
- Consolidated net sales declined 1.6% year-over-year due to prior quarter contract sales pull-ahead but show 4% growth year-to-date.
- Orders across all segments rose 5.5% year-over-year, supporting confidence in demand momentum.
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Micron Technology Fiscal Q1 2026 Earnings Call - Supply Constrained Amid Surging AI-Driven Memory Demand
Micron Technology posted record fiscal Q1 2026 results with revenue, gross margin, and EPS exceeding expectations, driven by tight supply in DRAM, NAND, and especially HBM fueled by AI data center gro...
- Fiscal Q1 2026 revenue of $13.6B set a new record, up 57% YoY and 21% sequentially, with DRAM revenue at $10.8B and NAND revenue at $2.7B both reaching records.
- Gross margin rose sharply to 56.8%, up 11 points sequentially driven by strong pricing, mix, and cost execution.
- HBM total addressable market (TAM) projected to grow at 40% CAGR to $100B by 2028, two years ahead of prior forecasts, surpassing entire 2024 DRAM market size.
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Optex Systems Holdings Fiscal 2025 Earnings Call - Strong Revenue Growth and Leadership Transition Set Stage for 2026
Optex Systems Holdings reported a robust fiscal 2025 with revenue growth of 21.6% driving a 47.9% jump in operating income to $7.1 million. Gross profit margins improved to 29.2%, benefiting from high...
- Revenue grew 21.6% in fiscal 2025, driving gross profit margin expansion to 29.2% from 28% the prior year.
- Operating income increased 47.9% year-over-year to $7.1 million, owing mainly to higher gross profits.
- Adjusted EBITDA improved by $2.3 million to $8 million, reflecting stronger revenue and cost efficiencies.
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Duluth Trading Q3 2025 Earnings Call - Successful Promotional Reset Drives Gross Margin Expansion Amid Sales Decline
Duluth Trading reported a mixed third quarter with net sales down nearly 10%, consistent with previous quarters, yet exhibiting significant progress in profitability and operational efficiency. Throug...
- Duluth Trading cut global promotional days by more than 50% year-over-year, prioritizing shallower discounts and higher margin sales.
- Net sales declined 9.6% in Q3 2025, continuing a downward trend consistent with Q1 and Q2 results.
- Gross margin expanded 150 basis points to 53.8%, driven by effective promotional reset, tariff mitigation, and direct-to-factory sourcing benefits.
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Lennar 4Q 2025 Earnings Call - Navigating Affordability Challenges with an Asset-Light, Efficiency-Driven Strategy
Lennar closed 2025 amid a stubbornly tight housing market marked by persistently high interest rates, affordability constraints, and dampened consumer confidence. Despite margin pressures and the head...
- Lennar faced a difficult housing market in 4Q 2025 with affordability and consumer confidence limiting demand despite marginally lower mortgage rates.
- The company maintained volume, grew market share, and expanded community count by 18% to 1,708 communities, supporting a 3% delivery growth outlook for 2026.
- Margins compressed to 17% in 4Q due to higher sales incentives of about 14%, down only slightly from earlier quarters, impacting profitability despite volume success.
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Toro Company Q4 2025 Earnings Call - Strong Operational Execution Fuels Margin Growth and Raised AMP Savings Target
Toro Company closed fiscal 2025 with robust execution, delivering Q4 and full-year results that slightly beat expectations despite a slow economy. The professional segment, which represents 80% of rev...
- Toro's Q4 net sales reached $1.07 billion, exceeding expectations, with professional segment margin rising to 19.2%.
- Full-year 2025 consolidated net sales were $4.5 billion, down 1.6% vs. 2024, impacted mostly by divestitures.
- Adjusted EPS for the year was $4.20, beating guidance and prior year despite economic headwinds.
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Natuzzi S.p.A. Q3 2025 Earnings Call - Strategic Restructuring and Margin Improvement Amid Weak Consumer Traffic
Natuzzi S.p.A. reported a mixed third quarter with improved gross margins driven by a favorable sales mix, specifically an 18% increase in higher-margin Natuzzi Italia sales and a 20% decrease in unbr...
- Gross margin improved in Q3 2025, surpassing H1 levels due to a favorable sales mix.
- Natuzzi Italia sales grew 18% year-over-year, boosting margins; unbranded products declined 20%.
- Foot traffic remains weak in stores across the U.S. and Europe despite increased marketing efforts; conversion rates improved but not enough to offset traffic decline.
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Jabil Q1 FY26 Earnings Call - Accelerated AI-Driven Growth Lifts Full-Year Outlook by $1.1 Billion
Jabil's Q1 fiscal 2026 results surpassed expectations across revenue, operating income, margins, and earnings per share. The Intelligent Infrastructure segment, powering AI and data center expansions,...
- Jabil reported Q1 FY26 net revenue of $8.3 billion, at the high end of guidance, with core operating income of $454 million and core operating margin of 5.5%.
- Core diluted EPS was $2.85, hitting the upper end of guidance.
- Intelligent Infrastructure segment revenue was $3.9 billion, beating expectations with strong cloud, data center infrastructure (DCI), and networking demand, especially for AI-related liquid-cooled platforms.
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