Earnings Call Transcripts

Access detailed transcripts and key takeaways from company earnings calls

All Earnings Calls

THG January 13, 2026

THG PLC Q4 2025 Earnings Call - Record H2 Growth Fueled by Core Focus and Strategic Streamlining

THG PLC closed 2025 on a high note, delivering its strongest quarter and a record second half of the year, surpassing the top end of guidance by 14%. Revenue growth of 7% in Q4 was driven significantl...

  • THG delivered its strongest quarter of 2025 with Q4 revenue growth of 7%, driven by a strong Cyber Week and December sales.
  • Second half 2025 revenue beat guidance by 14%, marking the first full-year growth since 2021 amid a tough macroeconomic context.
  • THG Beauty grew 6.4% in Q4, led by Lookfantastic UK & Ireland's 16.2% growth and record-high customer retention rates.
  • +10 more takeaways
WTB January 13, 2026

Whitbread FY26 Q3 Earnings Call - Accelerating Growth Amid Cost Pressures and Business Rate Challenges

Whitbread's Q3 FY26 trading update reveals robust growth momentum both in the UK and Germany, with occupancy and RevPAR improvements signaling a turnaround in the core UK market after six quarters of ...

  • Strong UK trading momentum sustained with occupancy at 83% and RevPAR up 3% for the quarter, London RevPAR up 7%.
  • German market performance robust with 12% total accommodation sales growth and 7% local currency RevPAR increase; profitability expected this year.
  • Current trading further strengthened with UK accommodation sales and RevPAR up 4%, Germany up 11% in sales and 5% in estate RevPAR.
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ICCC January 9, 2026

ImmuCell Corporation Q4 2025 Earnings Call - Strategic Shift to Focus on First Defense amid FDA Setback for Re-Tain

ImmuCell Corporation detailed its strategic pivot to concentrate resources and efforts on its core product, First Defense, following an FDA Incomplete Letter for its Re-Tain product due to manufacturi...

  • ImmuCell reported near-record Q4 sales in 2025 with 8.7% domestic growth and 41.3% growth in Tri-Shield products year-over-year.
  • The company is shifting strategic focus exclusively toward its First Defense product line and pausing investment in Re-Tain.
  • The FDA issued an Incomplete Letter for Re-Tain due to unresolved manufacturing deficiencies at the contract manufacturer, delaying approval by years.
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AEHR January 8, 2026

Aehr Test Systems Q2 Fiscal 2026 Earnings Call - Robust AI-Driven Bookings Signal Potential Revenue Surge in Fiscal 2027

Aehr Test Systems’ Q2 fiscal 2026 earnings exposed a mixed near-term performance with revenue softening to $9.9 million, down 27% year-over-year, hampered by lower wafer pack shipments. However, the c...

  • Q2 revenue was $9.9 million, down 27% year-over-year, influenced by decreased wafer pack shipments but offset somewhat by stronger Sonoma system demand.
  • Management reinstated fiscal 2026 guidance, expecting H2 revenues between $25 million and $30 million with bookings projected between $60 million and $80 million.
  • AI processors are the primary driver of strong bookings, both in wafer-level and package-part burn-in segments, representing a major growth opportunity.
  • +7 more takeaways
TLRY January 8, 2026

Tilray Brands Q2 2026 Earnings Call - Resilient Global Cannabis & Strategic Diversification Drive Record Revenue and Improved Profitability

Tilray Brands reported a record second-quarter fiscal 2026 with net revenue of $217.5 million and marked improvements across profitability metrics despite ongoing industry headwinds. International can...

  • Tilray delivered record Q2 2026 net revenue of $217.5 million, beating analyst expectations amidst sector headwinds.
  • International cannabis revenue grew 36% year-over-year and 51% sequentially, driven primarily by European expansion despite regulatory and pricing pressures.
  • Canadian adult-use cannabis sales increased 6%, boosted by product innovation and 5.5 million units shipped—the highest in two years.
  • +12 more takeaways
SLP January 8, 2026

Simulations Plus Q1 FY2026 Earnings Call - Service Segment Strength Signals Potential Software Uptick Amid Industry Recovery

Simulations Plus reported a modest 3% revenue decline in Q1 FY2026, with software revenue falling 17% while services grew 16%, reflecting a mixed but cautiously optimistic landscape. Management highli...

  • Simulations Plus delivered on Q1 FY2026 guidance with a 3% revenue decline to $18.4 million.
  • Software revenue decreased 17% driven by challenging comps in clinical ops platform Pro-ficiency and lumpier QSP therapeutic model licensing.
  • Services revenue grew 16%, with commercialization services (medical communications) up 42%, signaling strong client demand.
  • +10 more takeaways
GBX January 8, 2026

Greenbrier Companies Q1 2026 Earnings Call - Resilient Integrated Model Delivers Strong Q1 with Improved Order Momentum

Greenbrier Companies reported a solid Q1 FY2026 performance, showcasing the strength and resilience of its integrated manufacturing and leasing business model amid a cautious market environment. Reven...

  • Greenbrier reported Q1 2026 revenue of $706 million with an aggregate gross margin of 15%, driven by disciplined execution despite lower production volumes.
  • New railcar orders totaled approximately 3,700 units valued at $550 million, including specialty cars with higher average selling prices, indicating strong commercial performance.
  • The company’s backlog remains stable at about 16,300 units valued at $2.2 billion, with good visibility into second-half order growth tied to seasonal demand cycles.
  • +9 more takeaways
WDFC January 8, 2026

WD-40 Company FY26 Q1 Earnings Call - Confident Rebound in Marketing Distributor Sales and Premiumization Drive Growth

WD-40 Company reported a modest 1% increase in consolidated net sales to $154.4 million for fiscal year 2026 first quarter, with maintenance products growing 2% to $148.9 million. Direct markets, enco...

  • Consolidated net sales rose 1% year-over-year to $154.4 million in Q1 FY26.
  • Maintenance products, representing 96% of sales, grew 2%, with direct markets up 8%.
  • Marketing distributor sales were weak due to timing and inventory adjustments, not end-user demand decline.
  • +12 more takeaways
EDUC January 8, 2026

Educational Development Corporation Q3 2026 Earnings Call - Debt-Free After Property Sale, Positioning for Growth

Educational Development Corporation's fiscal Q3 2026 shows a company in transition but moving from constraint to opportunity. The sale of its Hilti Complex erased all bank debt, lifting previous opera...

  • Sale of Hilti Complex completed, eliminating all bank debt and removing financial restrictions impeding growth.
  • Q3 net revenues declined to $7 million from $11.1 million year-over-year, with active brand partners nearly halved to 5,100.
  • Earnings before income taxes were positive at $10.6 million, primarily due to a $12.2 million gain from the building sale; underlying operations showed a loss.
  • +10 more takeaways
PSMT January 8, 2026

PriceSmart Inc Q1 FY2026 Earnings Call - Robust Growth Fueled by Membership Expansion and Strategic Investments

PriceSmart opened fiscal year 2026 with solid momentum, reporting a 10.6% increase in net merchandise sales and a commendable 6.7% growth in membership accounts. The company notably expanded its premi...

  • Net merchandise sales increased 10.6% year over year to nearly $1.4 billion, with comparable sales up 8%.
  • Membership accounts grew 6.7% to over 2 million, with Platinum memberships rising from 14% to 19.3% of the base.
  • Colombia led regional growth with a 27.8% increase in net merchandise sales and 27.9% comparable sales growth.
  • +7 more takeaways