Earnings Call Transcripts

Access detailed transcripts and key takeaways from company earnings calls

All Earnings Calls

ODC December 9, 2025

Oil-Dri Corporation 2025 Annual Meeting Earnings Call - Momentum Builds Despite Tough Comparisons and Strategic Investments

Oil-Dri Corporation reported strong fiscal 2025 results with record net sales, gross profit, and net income, driven by strategic shifts under their long-term Moneyball data-driven approach. Despite de...

  • Oil-Dri’s long-term Moneyball strategy emphasizes value over volume, resulting in a 20% reduction in tons since 2002 but sustained net sales growth with a 5% CAGR.
  • Fiscal 2025 was a record year for net sales, gross profit, and net income, with notable contributions from renewable diesel and UltraPET Crystals acquisition integration.
  • First quarter fiscal 2026 net sales were $120 million with strong gross profit per ton and gross margin consistent with the prior year, despite down volume year-over-year.
  • +7 more takeaways
ASO December 9, 2025

Academy Sports & Outdoors Q3 2025 Earnings Call - Strategic Initiatives Drive Store Growth and E-Commerce Momentum Amid Consumer Price Sensitivity

Academy Sports & Outdoors reported a mixed third quarter of fiscal 2025, with sales up 3% to $1.38 billion but a negative 0.9% same-store comp, reflecting episodic consumer spending driven by promotio...

  • Q3 sales increased 3% to $1.38 billion but comps declined 0.9%, influenced by episodic shopping and promotional calendar events.
  • New store openings are a key growth driver; 26 recent vintage stores comped positively, with 20-25 additional stores planned in 2026, primarily in legacy markets.
  • E-commerce sales grew 22% in Q3, now representing 10.4% of total sales, driven by improved site experience and new stores serving as fulfillment hubs.
  • +7 more takeaways
CAL December 9, 2025

Caleres Incorporated Q3 2025 Earnings Call - Navigating Stuart Weitzman Integration Amid Tariff Headwinds and Structural Reshaping

Caleres delivered a quarter of modest organic growth eclipsed by the complexities of integrating Stuart Weitzman, whose inclusion diluted near-term earnings but signals a pivotal strategic shift towar...

  • Caleres reported 6.6% total sales growth in Q3 2025, with organic sales excluding Stuart Weitzman up 0.4%.
  • The Stuart Weitzman acquisition added $45.8 million in sales but diluted overall earnings due to transition costs and excess inventory.
  • Brand portfolio organic sales rose 4.6%, with lead brands growing double digits globally, offsetting value brands' softness.
  • +9 more takeaways
TOL December 9, 2025

Toll Brothers Q4 & Fiscal 2025 Earnings Call - Strong Luxury Home Sales Amid Market Softness with Conservative 2026 Outlook

Toll Brothers closed fiscal 2025 with a record $10.8 billion in home sales revenue, delivering 11,292 homes at an average price near $960,000, underscoring resilience in its luxury segment despite a b...

  • Fiscal 2025 home deliveries reached 11,292, up 4% year-over-year, generating record $10.8 billion in revenue.
  • Adjusted gross margin stood robust at 27.3% for the full year despite a challenging sales environment.
  • Spec homes accounted for approximately 54% of deliveries, offering quicker move-ins and customization options.
  • +9 more takeaways
OLLI December 9, 2025

Ollie's Bargain Outlet Q3 2025 Earnings Call - Accelerated Store Growth and Loyalty Program Drive Strong Sales Momentum

Ollie's Bargain Outlet delivered robust Q3 results, fueled by record-breaking store openings and a surging loyalty program. The company surpassed its unit growth targets by opening 32 new stores this ...

  • Company opened a record 32 new stores in Q3 and 86 for the year, representing 18% growth and surpassing long-term 10% unit growth target.
  • Ollie's Army loyalty program grew 12% in members to 16.6 million, with new memberships increasing 30%, especially among younger (18-34) and higher-income customers.
  • Net sales increased 19% to $614 million, driven by new stores and 3.3% comparable store sales growth led by mid-single-digit transaction growth despite a low single-digit decline in average ticket price.
  • +7 more takeaways
CGNT December 9, 2025

Cognyte Q3 Fiscal 2026 Earnings Call - Strong Revenue Growth, Margin Expansion, and U.S. Market Momentum

Cognyte reported a robust Q3 fiscal 2026 with 13.2% year-over-year revenue growth, driven by demand for AI-powered investigative and decision intelligence solutions. The company nearly tripled its non...

  • Cognyte delivered 13.2% YoY revenue growth in Q3 fiscal 2026, reaching $100.7 million.
  • Software and software services revenue grew nearly 18% YoY to represent 88.1% of total revenue.
  • Non-GAAP operating income nearly tripled YoY to $9 million; Adjusted EBITDA rose 81.4% to $11.9 million.
  • +17 more takeaways
CMP December 9, 2025

Compass Minerals Fiscal 4Q and Full Year 2025 Earnings Call - Strategic Reset and Operational Stabilization Underpin Growth and Debt Reduction

Compass Minerals marked fiscal 2025 as a pivotal year of financial healing and strategic reset. The company tackled its excess inventory head-on by deliberately curtailing rock salt production ahead o...

  • Compass Minerals reduced net debt by 14% or $125 million in fiscal 2025 through strategic working capital management and cost reductions.
  • The company deliberately scaled back North American de-icing salt production ahead of the 2024-2025 winter to correct excess inventory following mild winters.
  • Salt segment volumes rose 19% year over year in Q4, driven by a 20% increase in highway de-icing salt volumes compared to the prior year.
  • +9 more takeaways
SAIL December 9, 2025

SailPoint Q3 FY2026 Earnings Call - Surpassing $1 Billion ARR Amid Accelerated Innovation and Agent Identity Security Growth

SailPoint's fiscal Q3 2026 results mark a significant milestone, crossing $1.04 billion in ARR with 28% year-over-year growth, driven largely by SaaS ARR expanding 38% to $669 million. The company is ...

  • SailPoint surpassed $1 billion in ARR, closing Q3 FY2026 at $1.04 billion, a 28% increase year-over-year.
  • SaaS ARR grew 38% year-over-year to $669 million, comprising 64% of total ARR, reflecting strong subscription momentum.
  • The company highlighted its shift from compliance-first identity governance to real-time, adaptive identity security as a core growth driver.
  • +12 more takeaways
GIII December 9, 2025

G-III Apparel Group Q3 FY2026 Earnings Call - Strong Profitability Amid Tariff Headwinds and Accelerated PVH License Decline

G-III Apparel Group reported solid third quarter fiscal 2026 results, delivering earnings well above guidance despite significant tariff pressures and a faster-than-expected decline in key licensed br...

  • G-III exceeded Q3 earnings guidance with $1.90 non-GAAP EPS, $0.37 above midpoint, despite tariffs.
  • Gross margin was 38.6%, down 170 basis points YoY mainly due to tariffs, but better than expected due to strong full-price sales mix.
  • PVH’s Calvin Klein and Tommy Hilfiger license sales declined faster than anticipated, halving from $1.5B peak to $800M in 2025, expected near $400M in fiscal 2027.
  • +12 more takeaways
DBI December 9, 2025

Designer Brands Inc. Q3 2025 Earnings Call - Momentum Builds with Margin Expansion and Debt Reduction

Designer Brands Inc. reported a third quarter marked by sequential improvement across key metrics despite a sales decline. Comparable sales fell 2.4% year over year, yet this was a 260 basis point seq...

  • Designer Brands posted sequential sales and customer engagement improvements in Q3 2025 despite total sales declining 3% year over year.
  • Comparable sales declined 2.4%, a 260 basis point improvement versus Q2, signaling strengthening consumer demand and better in-store execution.
  • Gross profit dollars rose $5.8 million year over year, buoyed by a 100 basis point increase in merchandise margin and a 140 basis point reduction in markdown rates.
  • +12 more takeaways