Earnings Call Transcripts

Access detailed transcripts and key takeaways from company earnings calls

All Earnings Calls

CMC January 8, 2026

CMC Fiscal 2026 Q1 Earnings Call - Record Earnings Driven by Strategic Execution and Precast Acquisition

CMC kicked off fiscal 2026 with one of its strongest quarters ever, posting net earnings of $177.3 million and an adjusted core EBITDA increase of over 50% year-over-year. The company credited its dis...

  • CMC reported fiscal Q1 net earnings of $177.3 million, or $1.58 per diluted share, and adjusted earnings of $206.2 million, $1.84 per share, reflecting strong operational execution.
  • Consolidated core EBITDA reached $316.9 million, a 52% increase YoY, with core EBITDA margin expanding to 14.9%.
  • TAG strategic program delivered approximately $50 million EBITDA benefits last fiscal year and aims for $150 million annual run rate by Q4 FY2026, emphasizing operational and commercial excellence.
  • +12 more takeaways
AZZ January 8, 2026

AZZ Inc. Q3 Fiscal 2026 Earnings Call - Record Sales and Strategic Growth Momentum Amid Market Headwinds

AZZ Inc. reported record quarterly sales of $426 million, the highest in its history, driven primarily by a 15.7% surge in Metal Coatings demand stemming from infrastructure modernization, data center...

  • AZZ achieved record quarterly sales of $426 million, up 5.5% year over year, its highest ever.
  • Metal Coatings segment outperformed with 15.7% sales growth fueled by infrastructure and energy transition projects.
  • Precoat Metals sales declined 1.8% year over year due to softness in construction, HVAC, and transportation markets.
  • +12 more takeaways
LNN January 8, 2026

Lindsay Corporation Fiscal Q1 2026 Earnings Call - Resilient Margins Amidst North American Downturn and $80M MENA Project Win

Lindsay Corporation reported a challenging start to fiscal 2026 with revenues down 6% to $155.8 million, driven by lower irrigation volumes amid ongoing trade uncertainty, weak commodity prices, and h...

  • Total revenues declined 6% year-over-year to $155.8 million, mainly due to lower irrigation volumes caused by trade uncertainty, low commodity prices, and high input costs.
  • Operating income fell 6% to $19.6 million, but operating margins held steady at 12.6%, reflecting strong price and cost management.
  • North American irrigation sales decreased 4%, with customers delaying large capital purchases amid low profitability and ongoing macroeconomic challenges.
  • +9 more takeaways
RPM January 8, 2026

RPM International Fiscal Q2 2026 Earnings Call - Navigating Soft Demand with Structural SG&A Optimizations and Strategic Acquisitions

RPM International delivered record sales in Q2 2026, propelled by acquisitions and engineered solutions targeting high-performance buildings. Yet, momentum faded sharply in October and November amid e...

  • Q2 2026 sales rose 3.5% to a record, driven by acquisitions and engineered solutions for high-performance buildings.
  • Momentum slowed notably late in the quarter due to prolonged construction project lead times, softened DIY demand, and a government shutdown impacting funding and confidence.
  • All three operating segments posted positive sales growth, but higher SG&A expenses, M&A deal costs, healthcare inflation, and plant consolidation inefficiencies caused adjusted EBIT and EPS to decline.
  • +12 more takeaways
STZ January 8, 2026

Constellation Brands Q3 Fiscal Year 2026 Earnings Call - Margin Strength Amid Volume Pressure and Strategic Capacity Investment

Constellation Brands reported stronger-than-expected beer operating margins in Q3 FY 2026 despite volume declines, aided by cost savings, favorable pricing, and a depreciation timing benefit. However,...

  • Q3 beer operating margins exceeded expectations despite volume deleverage, supported by cost savings and favorable pricing.
  • Volume declines and tariff-related costs, especially increased aluminum prices, are primary headwinds affecting margins in Q4.
  • Seasonality impacts Q4 as it represents only 20% of annual volume, amplifying fixed overhead absorption issues.
  • +12 more takeaways
RELL January 8, 2026

Richardson Electronics Q2 FY26 Earnings Call - Momentum in Green Energy and Execution on Multi-Year Strategy

Richardson Electronics reported its sixth consecutive quarter of year-over-year sales growth with total revenue reaching $52.3 million in Q2 FY26, driven largely by substantial growth in its Green Ene...

  • Six consecutive quarters of year-over-year sales growth, with Q2 FY26 sales of $52.3 million, up from $49.5 million a year ago.
  • Strong 39% growth in Green Energy Solutions (GES) segment, driven by power management products including Pitch Energy Modules used in wind turbines.
  • Canvys revenue rose 28.1%, supported by higher demand from medical OEMs and a strong $38 million backlog.
  • +13 more takeaways
HELE January 8, 2026

Helen of Troy Ltd Q3 Fiscal 2026 Earnings Call - Strategic Shift to Consumer-Centric Innovation Amid Tariff and Margin Pressures

Helen of Troy reported third quarter fiscal 2026 results largely in line with expectations, navigating a challenging consumer environment marked by income bifurcation and persistent tariff-related pre...

  • Helen of Troy delivered Q3 fiscal 2026 results in line with expectations despite a challenging macroenvironment marked by a bifurcated consumer economy.
  • CEO Scott Azell emphasized refocusing on consumer-centric innovation, brand building, and sharpening execution to restore growth.
  • Recent trends show robust spending among high-income households while lower/middle-income consumers remain cautious on discretionary spending, impacting sales.
  • +9 more takeaways
SNX January 8, 2026

TD SYNNEX Q4 FY25 Earnings Call - Record Billings and Earnings Amid Strategic Growth and Market Share Gains

TD SYNNEX reported a strong finish to fiscal 2025 with Q4 non-GAAP gross billings rising 15% year-over-year to $24.3 billion and diluted EPS up 24% to $3.83, both marking company records. The balanced...

  • TD SYNNEX posted record results in Q4 FY25, with non-GAAP gross billings up 15% YoY to $24.3 billion and diluted EPS up 24% YoY to $3.83.
  • Hive segment exhibited exceptional growth, with gross billings rising over 50% YoY, significantly outperforming expectations and expanding its product and customer base.
  • Excluding Hive, core TD SYNNEX business grew billings by 10% YoY and achieved double-digit growth in gross profit and operating income.
  • +9 more takeaways
SMPL January 8, 2026

Simply Good Foods Company Q1 FY2026 Earnings Call - Confident in Second Half Growth Despite Early Margin Pressure

Simply Good Foods Company delivered a mixed Q1 FY2026 performance with flat net sales compared to last year, driven by strong 12% consumption growth in Quest and 18% in OWYN, while Atkins declined 17%...

  • Q1 net sales flat year-over-year at $340.2 million, with Quest and OWYN driving growth, and Atkins declining 17%.
  • Quest consumption grew 12%, led by strong salty snacks performance (+40% consumption) and expanded household penetration reaching nearly 20%.
  • OWYN consumption increased 18%, benefiting from distribution gains despite lingering product quality and inventory issues from ERP cutover and earlier formula problems.
  • +13 more takeaways
PCYO January 8, 2026

Pure Cycle Corporation Q1 2026 Earnings Call - Accelerated Land Development and Strong Recurring Revenue Growth Drive Record Quarterly Performance

Pure Cycle Corporation kicked off 2026 with a stellar Q1 well ahead of seasonal expectations, largely fueled by favorable weather that accelerated infrastructure progress at Sky Ranch. The company is ...

  • Q1 2026 revenue and net income significantly exceeded expectations, completing over a third of full-year guidance early.
  • Favorable dry weather enabled Pure Cycle to complete about 80% of Phase 2D roads five to six months ahead of schedule.
  • Two new homebuilders joined the Phase 2D development, expanding the builder portfolio from four to seven participants.
  • +10 more takeaways