Investor Overview. April 2018
|
|
- Mae Webb
- 5 years ago
- Views:
Transcription
1 Investor Overview April 2018
2 CAUTIONARY STATEMENT Information included in this presentation may contain statements, including earnings projections, that are forwardlooking in nature and, accordingly, are subject to risks and uncertainties regarding Snapon s expected results. Statements made that (i) are in the future tense; (ii) include the words expects, anticipates, intends, approximates, plans, targets, estimates, believes, or similar words that reference Snapon or its management; (iii) are specifically identified as forwardlooking; or (iv) describe Snapon s or management s future outlook, plans, estimates, objectives or goals, are forwardlooking statements within the meaning of the Private Securities Litigation Reform Act of The company s actual results may differ materially from those described or contemplated in the forwardlooking statements. Factors that may cause the company s actual results to differ materially from those contained in the forwardlooking statements include those found in the company s reports filed with the Securities and Exchange Commission, including the information under the Safe Harbor and Risk Factors headings in its Annual Report on Form 10K for the fiscal year ended December 30, 2017 and under Management s Discussion and Analysis of Financial Condition and Results of Operations Caution Regarding ForwardLooking Statements in its fiscal 2018 first quarter report on Form 10Q, which are incorporated herein by reference. Snapon disclaims any responsibility to update any forwardlooking statement provided during this presentation, except as required by law. 2 This presentation includes certain nongaap measures of financial performance, which are not meant to be considered in isolation or as a substitute for their GAAP counterparts. Additional information regarding these nongaap measures is included in Snapon s Form 10K and earnings press releases available at snapon.com. See appendix for reconciliation of nongaap measures to GAAP counterparts.
3 3 SNAPON OVERVIEW Founded on innovation in 1920 Makes work easier for serious professionals performing critical tasks Unique brand strength 12,600 associates worldwide Serves professionals in over 130 countries 2017 net sales: $3.7 billion NYSE: SNA / S&P 500 $8.3B Market Cap 2.2% Cash Dividend Yield Dividends paid without interruption or reduction since 1939
4 SNAPON IS... Rooted in the Dignity of Work Driven by the Needs of the Serious Guided with the Insight Shaped by Experience 4
5 5 UNIQUE PRODUCTIVITY SOLUTIONS
6 6 UNIQUE BRAND STRENGTH
7 ORGANIZED TO REACH OUR PRIMARY CUSTOMERS: OPERATING SEGMENTS Repair Systems & Information Group (RS&I): Vehicle repair shop owners and managers 30% Financial Services 6% 28% 36% Commercial & Industrial Group (C&I): Professionals in a broad range of critical industries 2017 revenues by segment Snapon Tools Group (Franchised Van Business): Vehicle repair technicians 7
8 U.S. VEHICLE AGING DRIVES SERVICE GROWTH Age of U.S. Vehicles Age in Years Average Vehicle Age years 8 Source: HIS Markit 2017
9 VEHICLE TECHNOLOGY & COMPLEXITY PROVIDES OPPORTUNITY Increasing vehicle complexity Testing and reprogramming requirements expanding Repair information growing Vehicle repairs increasingly require use of diagnostics Productive shop management rising in importance Emerging vehicle technologies create new solution needs 9
10 The Way Forward: Runways for Improvement Runways for Growth 10
11 RUNWAYS FOR IMPROVEMENT: SNAPON VALUE CREATION SafetyCell Design Quality Customer Connection Innovation Rapid Continuous Improvement 11
12 SNAPON VALUE CREATION: SAFETY Safety Incident Rate 92% Reduction Locations with No Lost Time Incidents 12 Associates are 92% less likely to experience a safety incident today than in 2004
13 SNAPON VALUE CREATION: QUALITY Snapon rated most preferred brand by U.S. auto technicians in multiple product categories of the latest Frost & Sullivan survey, including: 65% 56% 50% 63% 9% 4% 9% 9% 13 Frost & Sullivan 2017 United States Automotive Technicians Choice: Opportunities in the Automotive Tools Market
14 SNAPON VALUE CREATION: CUSTOMER CONNECTION ~4,900 mobile stores Multiple direct sales forces ~700,000 N. American and European repair shops; repair networks in emerging markets growing rapidly ~1 billion repair records in database ~2,500 vocational schools ~38,000 visitors to Snapon s Innovation Works 14 We Directly Observe Customers and Workplaces
15 SNAPON VALUE CREATION: INNOVATION NEW PRODUCT AWARDS AND SUCCESSES 15 We Translate Insights Into Innovation
16 SNAPON VALUE CREATION: RAPID CONTINUOUS IMPROVEMENT (RCI) Operating margin before financial services up 1,260 bps* since * As adjusted to exclude certain legal charges. See appendix "Reconciliation of nongaap Financial Measures" for further explanation.
17 RUNWAYS FOR GROWTH Enhance the franchise network Expand with repair shop owners and managers Extend to critical industries Build in emerging markets Investing in These Strategically Decisive Areas 17
18 SNAPON HERITAGE 18 Selling Great Tools Through Vans to Vehicle Technicians
19 SNAPON MORE BROADLY DEFINED Makes work easier for serious professionals performing critical tasks in workplaces of consequence where the costs and penalties of failure are high 19
20 ENHANCE THE FRANCHISE NETWORK REACH MORE TECHNICIANS Maintain strong franchisee health metrics Enhance franchisee productivity and improve coverage Maintain a growing array of new product introductions Innovate the selling process with programs aimed at amplifying the power of the van channel 20
21 EXPAND WITH REPAIR SHOP OWNERS AND MANAGERS Leverage deep understanding of customers in parts and service operations Help shop owners and managers improve both technical competency and business acumen Grow and integrate broad capabilities Innovate and add new products for this important customer group 21
22 EXTEND TO CRITICAL INDUSTRIES Serve more places where tasks require repeatability and reliability Build a deep understanding of the work performed Provide specialized productivity solutions for critical tasks 22
23 BUILD IN EMERGING MARKETS Create manufacturing capacity Establish distribution and sales reach Launch new product lines 23
24 NET SALES AND OI MARGIN TREND $ Billions 4.00 $ % 2.00 $2.94 $ % 15.8% $3.69 $3.43 $3.28 $ %* 18.1% 19.3% 18.0% 16.6% 20% 15% % % Net Sales Operating Margin Before Financial Services (as % of net sales) 24 *As adjusted to exclude certain legal charges. See appendix "Reconciliation of nongaap Financial Measures" for further explanation. Historical data reflects the 2018 adoption of ASU No , Compensation Retirement Benefits (Topic 715).
25 DILUTED EARNINGS PER SHARE $9.20 $10.12* $ $7.14 $ $4.71 $5.20 $ Diluted Earnings Per Share Adjusted Diluted Earnings Per Share 25 * As adjusted to exclude certain legal and tax charges. See appendix "Reconciliation of nongaap Financial Measures" for further explanation.
26 FINANCIAL SERVICES $ Millions $2,000 $1,591 $1,815 $2,002 $217.5 $240 $200 $1,600 $1,200 $800 $400 $398 ($9.1) $733 $935 $14.4 $72.9 $1,084 $106.7 $1,232 $125.7 $1,385 $149.1 $170.2 $198.7 $160 $120 $80 $40 $0 $0 H ($40) Ending gross onbook portfolio Financial Services Operating Earnings* Financial Services is both strategically important and a strong contributor to company earnings; unique aspects of model drive portfolio performance and differentiate from other captive credit companies 26 * 2011 excludes $18 million arbitration settlement gain; including settlement gain, Financial Services operating earnings was $90.9 million
27 INCREASED DIVIDENDS $3.50 $3.00 $2.95 $2.50 $2.20 $2.54 $2.00 $1.85 $1.50 $1.22 $1.30 $1.40 $1.58 $1.00 $0.50 $ % Quarterly dividend increase November 2017; Dividends paid without interruption or reduction since 1939
28 Q SUMMARY RESULTS Sales up 5.5%; Organic Sales up 0.8%; EPS up 18.0%; Adjusted EPS up 16.7%* ($ in millions) Q Q Change Net Sales $ $ % OI before financial services $ $ % OI margin before financial services 19.0% 19.2% 20 bps OI from financial services $ 56.9 $ % OI margin consolidated 23.0% 23.1% 10 bps Diluted EPS $ 2.82 $ % Adjusted diluted EPS* $ 2.79 $ % 28 *As adjusted to exclude net debt items and tax charge
29 SNAPON INVESTMENT RATIONALE Executing on defined and coherent strategies Unique brand and value proposition enabling progress in workplaces of consequence we make critical work easier Clear runways for improvement Snapon Value Creation Substantial runways for growth Enhance the franchise network Expand with repair shop owners and managers Extend in critical industries Build in emerging markets Priorities for capital allocation include investing in our business (organically and through acquisition); capital returned to shareholders through both dividend and share repurchase 29 Targeting organic sales growth in the midsingle digits and continuing operating margin improvement
30 Investor Overview April 2018
31 APPENDIX: RECONCILIATION OF NONGAAP FINANCIAL MEASURES AS REPORTED Fourth Quarter Full Year ($ in millions, except per share data unaudited) Charges related to judgments in litigation matters that are being appealed ( legal charges ) Pretax legal charges Income tax expense Legal charges, net of tax $ 30.9 (11.8) $ 19.1 $ $ $ 45.9 (17.5) $ 28.4 $ $ Weightedaverage shares outstanding diluted Diluted EPS legal charges $ 0.33 $ $ 0.48 $ Charge related to implementation of tax legislation ( tax charge ) Tax charge $ 7.0 $ $ 7.0 $ Weightedaverage shares outstanding diluted Diluted EPS tax charge $ 0.12 $ $ 0.12 $ Q42017 Quarterly Review 2018 Snapon Incorporated
32 APPENDIX: RECONCILIATION OF NONGAAP FINANCIAL MEASURES (CONTINUED) ADJUSTED INFORMATION NONGAAP Fourth Quarter Full Year ($ in millions, except per share data unaudited) Operating earnings before financial services As reported Legal charges As adjusted to exclude legal charges $ $ $ $ $ $ $ $ Operating earnings before financial services as a percentage of sales As reported As adjusted to exclude legal charges 16.2 % 19.4 % 19.8 % 19.8 % 18.0 % 19.3 % 19.1 % 19.1 % Operating earnings As reported Legal charges As adjusted to exclude legal charges $ $ $ $ $ $ $ $ Operating earnings as a percentage of revenue As reported As adjusted to exclude legal charges 20.1 % 23.0 % 23.6 % 23.6 % 22.0 % 23.2 % 23.0 % 23.0 % Q42017 Quarterly Review 2018 Snapon Incorporated
33 APPENDIX: RECONCILIATION OF NONGAAP FINANCIAL MEASURES (CONTINUED) ADJUSTED INFORMATION NONGAAP Fourth Quarter Full Year ($ in millions unaudited) Net earnings attributable to Snapon Incorporated As reported Legal charges, after tax Tax charge As adjusted to exclude legal charges and tax charge $ $ $ $ $ $ $ $ Diluted EPS As reported Legal charges, after tax Tax charge As adjusted to exclude legal charges and tax charge $ $ 2.69 $ 2.47 $ 2.47 $ $ $ 9.20 $ 9.20 Effective tax rate As reported Legal charges Tax charge As adjusted to exclude legal charges and tax charge 33.0 % 1.2 % 3.6 % 30.6 % 30.8 % 30.8 % 31.1 % 0.4 % 0.9 % 30.6 % 31.0 % 31.0 % Q42017 Quarterly Review 2018 Snapon Incorporated
34 APPENDIX: RECONCILIATION OF NONGAAP FINANCIAL MEASURES (CONTINUED) AS REPORTED 1st Quarter ($ in millions, except per share data unaudited) Debtrelated items ( net debt items ) Gain on settlement of treasury lock (A) Gain on settlement of treasury lock Income tax expense Gain on settlement of treasury lock, after tax $ 13.3 (3.3) $ 10.0 $ $ Weightedaverage shares outstanding diluted Diluted EPS gain on settlement of treasury lock $ 0.17 $ Loss on early extinguishment of debt (B) Loss on early extinguishment of debt Income tax benefit Loss on early extinguishment of debt, after tax $ (7.8) 1.9 $ (5.9) $ $ Weightedaverage shares outstanding diluted Diluted EPS loss on early extinguishment of debt $ (0.10) $ Net debt items (A + B) Net debt items Income tax expense Net debt items, after tax $ 5.5 (1.4) $ 4.1 $ $ Weightedaverage shares outstanding diluted Diluted EPS net debt items $ 0.07 $ Q42017 Quarterly Review 2018 Snapon Incorporated
35 APPENDIX: RECONCILIATION OF NONGAAP FINANCIAL MEASURES (CONTINUED) ADJUSTED INFORMATION NONGAAP 1st Quarter ($ in millions unaudited) Net earnings attributable to Snapon Incorporated As reported Net debt items, after tax Tax charge As adjusted to exclude net debt items and tax charge Diluted EPS As reported Net debt items, after tax Tax charge As adjusted to exclude net debt items and tax charge Effective tax rate As reported Tax charge As adjusted to exclude net debt items and tax charge $ (4.1) 2.6 $ $ 2.82 (0.07) 0.04 $ % 1.2 % 25.0 % $ $ $ 2.39 $ % 30.7 % Q42017 Quarterly Review 2018 Snapon Incorporated
Investor Overview. March 2019
Investor Overview March 2019 CAUTIONARY STATEMENT Information included in this presentation may contain statements, including earnings projections, that are forward-looking in nature and, accordingly,
More informationAnnual Meeting of Shareholders. April 26, 2018
Annual Meeting of Shareholders April 26, 2018 Nick Pinchuk Chairman & Chief Executive Officer CAUTIONARY STATEMENT Information included in this presentation may contain statements, including earnings projections,
More informationQuarterly Financial Review
Quarterly Financial Review Fourth Quarter 2017 Snapon Tools InDepth Business Review Board Q42017 of Directors Quarterly Review 1 DB2 1 1 Snapon Incorporated Cautionary Statement These slides should be
More informationQuarterly Financial Review
Quarterly Financial Review First Quarter 2018 1 DB2 1 1 Cautionary Statement These slides should be read in conjunction with comments from the 19, 2018 conference call. The financial statement information
More informationQuarterly Financial Review
Quarterly Financial Review Second Quarter 2018 Snapon Tools InDepth Business Review Q22018 1 DB2 1 1 Snapon Incorporated Cautionary Statement These slides should be read in conjunction with comments from
More informationSnap-on Announces Third Quarter 2017 Results
Release: IMMEDIATE Snap-on Announces Third Quarter 2017 Results Reported net sales up 8.4%; Organic net sales up 2.3%; Diluted EPS of $2.29 including $0.16 legal charge up 3.2%; Excluding legal charge,
More informationSnap-on Announces Third Quarter 2018 Results
Release: IMMEDIATE Snap-on Announces Third Quarter 2018 Results Q3 2018 reported diluted EPS of $2.85, including $0.03 charge related to U.S. tax legislation, up 24.5% from Q3 2017; Q3 2018 adjusted diluted
More informationSnap-on Announces Third Quarter 2016 Results
Release: IMMEDIATE Snap-on Announces Third Quarter 2016 Results Diluted EPS of $2.22 increases 12.1%; Operating earnings before financial services of 18.9% of sales up 140 basis points; Reported net sales
More informationSnap-on Announces Second Quarter 2011 Results
Release: IMMEDIATE Snap-on Announces Second Quarter 2011 Results Diluted EPS of $1.33; Excluding arbitration settlement gain, diluted EPS of $1.14 up 46.2%; Sales of $726.7 million up 12.2% KENOSHA, Wis.
More informationQuarterly Financial Review
Quarterly Financial Review First Quarter 2017 1 DB-2 1-1 Cautionary Statement These slides should be read in conjunction with comments from the 20, 2017 conference call. The financial statement information
More informationSnap-on Announces Second Quarter 2015 Results
Release: IMMEDIATE Snap-on Announces Second Quarter 2015 Results Organic sales up 8.4%; Operating earnings before financial services of 17.7% of sales improves 100 basis points; Diluted EPS of $2.03 increases
More informationSnap-on Announces First Quarter 2007 Results
Release: IMMEDIATE Snap-on Announces First Quarter 2007 Results Net earnings up 76.5% over prior year on 19.6% sales increase EPS of $0.66 for the quarter compared to $0.37 last year KENOSHA, Wis. April
More informationFiscal 2017 ADP Earnings Call & Webcast. July 27, 2017
Fiscal 2017 ADP Earnings Call & Webcast July 27, 2017 Forward Looking Statements This presentation and other written or oral statements made from time to time by ADP may contain forwardlooking statements
More informationInvestor Overview Presentation. August 2018
Investor Overview Presentation August 2018 Forward-Looking Statements Statements about future results made in this presentation constitute forward-looking statements within the meaning of the Private Securities
More information1Q Fiscal 2018 ADP Earnings Call & Webcast. November 2, 2017
1Q Fiscal 2018 ADP Earnings Call & Webcast November 2, 2017 Forward Looking Statements This presentation and other written or oral statements made from time to time by ADP may contain forwardlooking statements
More informationBank of America Merrill Lynch 2013 Health Care Conference
Bank of America Merrill Lynch 2013 Health Care Conference May 15, 2013 Jeff Campbell Executive Vice President and Chief Financial Officer Forwardlooking Statements Some of the information in this presentation
More information2Q Fiscal 2018 ADP Earnings Call & Webcast
2Q Fiscal 2018 ADP Earnings Call & Webcast January 31, 2018 Forward Looking Statements This presentation and other written or oral statements made from time to time by ADP may contain forwardlooking statements
More information3Q Fiscal 2017 ADP Earnings Call & Webcast. May 3, 2017
3Q Fiscal 2017 ADP Earnings Call & Webcast May 3, 2017 Forward Looking Statements This presentation and other written or oral statements made from time to time by ADP may contain forward-looking statements
More informationAcquisition of Dealer Inspire and Launch Digital Marketing
Acquisition of Dealer Inspire and Launch Digital Marketing Investor Presentation February 14, 2018 Forward Looking Statements This presentation contains forward looking statements within the meaning of
More information4Q Fiscal 2018 ADP Earnings Call & Webcast
4Q Fiscal 2018 ADP Earnings Call & Webcast August 1, 2018 Forward Looking Statements This presentation and other written or oral statements made from time to time by ADP may contain forwardlooking statements
More information2018 THIRD QUARTER EARNINGS CALL
2018 THIRD QUARTER EARNINGS CALL Webcast: ir.avisbudgetgroup.com Dial-in: (630) 395.0021 Replay: (402) 220-0222 Passcode: 2995545 November 6, 2018 FORWARD-LOOKING STATEMENTS Statements about future results
More informationFourth Quarter and Fiscal 2018
Fourth Quarter and Fiscal 2018 Financial Results Conference Call August 14, 2018 Safe Harbor for Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of
More informationCARS.COM. Third Quarter 2017 Earnings November 8, 2017
CARS.COM Third Quarter 2017 Earnings November 8, 2017 Forward Looking Statements This presentation contains forward looking statements within the meaning of the federal securities laws, including those
More informationGRAINGER REPORTS RESULTS FOR THE 2018 THIRD QUARTER Revenue grows 7.4%; 8.2% excluding foreign exchange and impact of hurricanes
News Release GRAINGER REPORTS RESULTS FOR THE 2018 THIRD QUARTER Revenue grows 7.4%; 8.2% excluding foreign exchange and impact of hurricanes Quarterly Summary Reported operating earnings of $189 million,
More informationADP Reports First Quarter Fiscal 2018 Results
ADP Reports First Quarter Fiscal 2018 Results Revenues increased 6% to $3.1 billion for the quarter, 6% organic; raising fiscal 2018 revenue growth outlook to 6% to 8% Retention increased 160 basis points
More informationMicky Pant CEO, Yum China
Micky Pant CEO, Yum China Cautionary Language Regarding Forward-Looking Statements Forward-Looking Statements. Our presentation may contain forward-looking statements within the meaning of Section 27A
More informationTHIRD QUARTER FISCAL 2019 EARNINGS CALL PROVIDING THE BEST SOLUTIONS MARCH 7, 2019
PROVIDING THE BEST SOLUTIONS THIRD QUARTER FISCAL 2019 EARNINGS CALL MARCH 7, 2019 Safe Harbor Statement Forward-Looking Statements This presentation contains forward-looking statements within the meaning
More informationFirst Quarter Fiscal 2019
First Quarter Fiscal 2019 Financial Results Conference Call November 7, 2018 Safe Harbor for Forward-Looking Statements This document contains "forward-looking statements" within the meaning of the Private
More informationMYERS INDUSTRIES, INC. Third Quarter 2018 Earnings Presentation
MYERS INDUSTRIES, INC. Third Quarter 2018 Earnings Presentation SAFE HARBOR STATEMENT & NON-GAAP MEASURES Statements in this presentation include forward-looking statements within the meaning of the Private
More informationDomino s Pizza Financial Results Demonstrate Global Momentum Delivers 21.9% EPS Growth in the Fourth Quarter; Dividend Increases 25%
For Immediate Release EXHIBIT 99.1 Contact: Lynn Liddle, Executive Vice President, Communications, Investor Relations and Legislative Affairs (734) 930-3008 Domino s Pizza Financial Results Demonstrate
More informationFourth Quarter Earnings Presentation. March 29, 2016
Fourth Quarter Earnings Presentation March 29, 2016 Safe Harbor Agreement This presentation contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995
More informationScience Applications International Corporation (SAIC) Third Quarter Fiscal Year 2018 Earnings Call. December 7, 2017
Science Applications International Corporation (SAIC) Third Quarter Fiscal Year 2018 Earnings Call December 7, 2017 Supplemental Financial Information Conference Call Information Date: December 7, 2017
More information2Q 2017 Earnings Presentation. August 8, 2017
2Q 2017 Earnings Presentation August 8, 2017 Caution Concerning Forward-Looking Statements and Non-GAAP Financial Measures This presentation contains forward-looking statements within the meaning of the
More informationADP Reports Second Quarter Fiscal 2018 Results
ADP Reports Second Quarter Fiscal 2018 Results Revenues increased 8% to $3.2 billion for the quarter, 7% organic; raising fiscal 2018 revenue growth outlook to 7% to 8% Worldwide new business bookings
More informationJune Steve Michaels, CFO and President of Strategic Operations
June 2018 Steve Michaels, CFO and President of Strategic Operations Safe Harbor Statement & Use of Non-GAAP Information Safe Harbor Statement: Safe Harbor" Statement under the Private Securities Litigation
More informationScience Applications International Corporation (SAIC) Second Quarter Fiscal Year 2019 Earnings Call. September 10, 2018
Science Applications International Corporation (SAIC) Second Quarter Fiscal Year 2019 Earnings Call September 10, 2018 Supplemental Financial Information Conference Call Information Date: September 10,
More informationPresentation Notes for the Virtual Investor Conference. December 7, 2017
Presentation Notes for the Virtual Investor Conference December 7, 2017 For more information contact: Daniel A. Bellware, CPA 800.235.2667 Fax: 706.324.6330 aflac.com Aflac Worldwide Headquarters 1932
More informationSAFE HARBOR STATEMENT
1 SAFE HARBOR STATEMENT Forward Looking Statements This press release contains or may contain forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation
More informationCIGNA REPORTS FIRST QUARTER 2007 RESULTS. Earnings Reflect Strong Results in Each of the Health and Related Benefits Businesses
NEWS RELEASE For Release: Immediate Contact: Ted Detrick, Investor Relations (215) 761-1414 Wendell Potter, Media Relations (215) 761-4450 CIGNA REPORTS FIRST QUARTER 2007 RESULTS Earnings Reflect Strong
More information2Q Fiscal 2019 ADP Earnings Call & Webcast
2Q Fiscal 2019 ADP Earnings Call & Webcast January 30, 2019 Forward Looking Statements This presentation and other written or oral statements made from time to time by ADP may contain forward-looking statements
More informationmarket share gains in key categories, according to Nielsen and The NPD Group. equipped with the tools to serve customers
Walmart U.S. Q3 comp sales grew 3.4% and Walmart U.S. ecommerce sales grew 43%, Q3 GAAP EPS of 0.58; Adjusted EPS2 of.08, Walmart now expects FY'9 GAAP EPS of 2.26 to 2.36, Walmart raises guidance for
More informationSAFE HARBOR STATEMENT
1 SAFE HARBOR STATEMENT Forward Looking Statements This press release, and the above referenced conference call, contains or may contain forward-looking statements made pursuant to the safe harbor provisions
More informationSeaWorld Entertainment, Inc. Reports Strong First Quarter 2018 Results
SeaWorld Entertainment, Inc. Reports Strong First Quarter 2018 Results ORLANDO, Fla., May 8, 2018 SeaWorld Entertainment, Inc. (NYSE: SEAS), a leading theme park and entertainment company, today reported
More informationSecond Quarter Fiscal 2019
Second Quarter Fiscal 2019 Financial Results Conference Call February 5, 2019 Safe Harbor for Forward-Looking Statements This document contains "forward-looking statements" within the meaning of the Private
More informationFacebook Reports Third Quarter 2017 Results
Facebook Reports Third Quarter 2017 Results MENLO PARK, Calif. November 1, 2017 Facebook, Inc. (NASDAQ: FB) today reported financial results for the quarter ended 2017. "Our community continues to grow
More informationMasco Corporation Second Quarter 2018 Earnings Presentation. July 31, 2018
Masco Corporation Second Quarter 2018 Earnings Presentation July 31, 2018 Safe Harbor Statement This presentation contains statements that reflect our views about our future performance and constitute
More informationITT reports 2017 fourth-quarter and full-year results, 2018 guidance
ITT Inc. 1133 Westchester Ave. White Plains, NY 10604 tel 914 641 2000 Press Release ITT reports 2017 fourth-quarter and full-year results, 2018 guidance 2017 Full-Year Results: Revenue up 8% to $2.6 billion,
More informationGAP INC. REPORTS SECOND QUARTER RESULTS. Reaffirmed Full-Year Earnings Per Share Guidance Range of $2.55 to $2.70
GAP INC. REPORTS SECOND QUARTER RESULTS Reaffirmed Full-Year Earnings Per Share Guidance Range of $2.55 to $2.70 Delivered Seventh Consecutive Quarter of Positive Comparable Sales Growth Distributed $388
More informationPresentation Notes for the 2018 Outlook Conference Call. December 1, 2017
Presentation Notes for the 2018 Outlook Conference Call December 1, 2017 For more information contact: David A. Young 800.235.2667 Fax: 706.324.6330 aflac.com Aflac Worldwide Headquarters 1932 Wynnton
More informationPresentation Notes for the Bank of America Merrill Lynch 2018 Insurance Conference. February 15, 2018
Presentation Notes for the Bank of America Merrill Lynch 2018 Insurance Conference February 15, 2018 For more information contact: David A. Young 800.235.2667 Fax: 706.324.6330 aflac.com Aflac Worldwide
More informationJacky Lo Chief Finance Officer, Yum China
Jacky Lo Chief Finance Officer, Yum China Cautionary Language Regarding Forward-Looking Statements Forward-Looking Statements. Our presentation may contain forward-looking statements within the meaning
More informationPresentation Notes for the Raymond James 39 th Annual Institutional Investors Conference. March 7, 2018
Presentation Notes for the Raymond James 39 th Annual Institutional Investors Conference March 7, 2018 For more information contact: David A. Young 800.235.2667 Fax: 706.324.6330 aflac.com Aflac Worldwide
More informationAFLAC INCORPORATED ANNOUNCES FIRST QUARTER RESULTS, DECLARES SECOND QUARTER CASH DIVIDEND
FOR IMMEDIATE RELEASE AFLAC INCORPORATED ANNOUNCES FIRST QUARTER RESULTS, DECLARES SECOND QUARTER CASH DIVIDEND COLUMBUS, Georgia April 23, 2008 Aflac Incorporated today reported its first quarter results.
More informationCIGNA REPORTS THIRD QUARTER 2010 RESULTS
NEWS RELEASE Contact: Ted Detrick, Investor Relations (215) 761-1414 Gloria Barone, Media Relations (215) 761-4758 CIGNA REPORTS THIRD QUARTER 2010 RESULTS o Consolidated results represent strong earnings
More informationAflac Incorporated Announces Fourth Quarter Results, Affirms 2016 Operating EPS and Sales Outlook, Declares First Quarter Cash Dividend
News Release FOR IMMEDIATE RELEASE Aflac Incorporated Announces Fourth Quarter Results, Affirms 2016 Operating EPS and Sales Outlook, Declares First Quarter Cash Dividend COLUMBUS, Ga. February 1, 2016
More informationFourth Quarter Earnings Webcast & Conference Call February 10, 2015
Fourth Quarter 2014 Earnings Webcast & Conference Call February 10, 2015 Mike Salop Senior Vice President, Investor Relations 2 Safe Harbor This presentation contains certain statements that are forward-looking
More informationDAVID POPLAR. Second-Quarter 2014 Conference Call August 7, Vice President Investor Relations 8/7/2014 7:11:27 AM.
Second-Quarter 2014 Conference Call August 7, 2014 2013 Oldemark LLC DAVID POPLAR Vice President Investor Relations 2013 Oldemark LLC 2 1 Today s Agenda CEO Overview Financial Update Q&A Emil Brolick Todd
More informationYum China Reports First Quarter 2018 Results. May 1, :30 PM ET
Yum China Reports First Quarter 2018 Results May 1, 2018 4:30 PM ET SHANGHAI, May 1, 2018 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC) today reported unaudited results
More informationTake-Two Interactive Software, Inc.
TakeTwo Interactive Software, Inc. (NASDAQ: TTWO) Third Quarter Fiscal 2019 Results CAUTIONARY NOTE: FORWARDLOOKING STATEMENTS The statements contained herein which are not historical facts are considered
More informationQ Earnings. GAAP to Non-GAAP Reconciliation
Q1 2012 Earnings GAAP to Non-GAAP Reconciliation This presentation contains forward-looking statements relating to, among other things, our outlook for full year 2012 bookings, adjusted EBITDA, stock-based
More informationehi Car Services Announces First Quarter 2015 Results
ehi Car Services Announces First Quarter Results SHANGHAI, May 27, ehi Car Services Limited ( ehi or the Company ) (NYSE: EHIC), a leading car rentals and car services provider in China, today announced
More informationForward-Looking Statements
Goldman Sachs 13 th Annual Global Retailing Conference 2006 September 6 th, 2006 Forward-Looking Statements Certain statements contained in this presentation are forward-looking statements. Forward-looking
More informationFORTUNE BRANDS REPORTS FIRST QUARTER SALES AND EPS GROWTH; ANNOUNCES SHARE REPURCHASES AND INCREASES ANNUAL EPS OUTLOOK
EARNINGS RELEASE FORTUNE BRANDS REPORTS FIRST QUARTER SALES AND EPS GROWTH; ANNOUNCES SHARE REPURCHASES AND INCREASES ANNUAL EPS OUTLOOK Highlights from continuing operations: Q1 2018 sales increased 6
More informationFourth Quarter 2018 Earnings Non-GAAP Financial Measures. January 29,
Fourth Quarter 2018 Earnings Non-GAAP Financial Measures January 29, 2019 http://www.xerox.com/investor Non-GAAP Financial Measures We have reported our financial results in accordance with generally accepted
More informationINVESTOR PRESENTATION. Fall 2017
INVESTOR PRESENTATION Fall 2017 DISCLAIMERS Forward-Looking Statements Statements in this document that are not statements of historical fact are forward-looking statements within the meaning of the safe
More informationPerrigo Fiscal Fourth Quarter Conference Call August 18, 2009
Perrigo Fiscal Fourth Quarter Conference Call August 18, 2009 Forward Looking Statements Certain statements in this presentation are forward-looking statements within the meaning of Section 21E of the
More informationCOLUMBUS, Ga. January 31, 2018 Aflac Incorporated today reported its fourth quarter results.
News Release FOR IMMEDIATE RELEASE Aflac Incorporated Announces Fourth Quarter Results, Reports Fourth Quarter 2017 Net Earnings of $2.4 Billion, Reports Estimated Impact of $1.7 Billion Tax Reform Benefit,
More informationThird Quarter 2018 Results November 8, 2018
Third Quarter 2018 Results November 8, 2018 Safe Harbor Caution Regarding Forward Looking Statements This presentation any other oral or written statements made by us or on our behalf may include forward-looking
More informationFiserv Reports Continued Strong Earnings for Second Quarter of 2005
July 21, 2005 Fiserv Reports Continued Strong Earnings for Second Quarter of 2005 BROOKFIELD, Wis.--(BUSINESS WIRE)--July 21, 2005--Fiserv, Inc. (Nasdaq:FISV - News) announced today continued strong earnings
More informationWellCare Health Plans, Inc.
WellCare Health Plans, Inc. 2019 Annual December 17, 2018 Cautionary Statements Cautionary Statement Regarding Forward-Looking Statements This presentation contains forward-looking statements that are
More informationFiscal Fourth Quarter Ended June 30, 2018
Fiscal 2018 Fourth Quarter Ended June 30, 2018 Safe harbor This presentation contains certain forward-looking statements concerning Matrix Service Company s operations, economic performance and management
More informationQ3 FY 18 Financial Results
Q3 FY 18 Financial Results February 6, 2018. Forward-Looking Statements and Non-GAAP Financial Measures This presentation contains forward-looking statements, as that term is defined under the federal
More informationHorizon Global Reports Financial Results for the First Quarter 2017; Raises Full-Year 2017 Earnings Per Share Guidance and Announces Share Repurchase
Published on Horizon Global Investor Center (http://investors.horizonglobal.com) on 5/3/17 5:00 pm EDT Horizon Global Reports Financial Results for the First Quarter 2017; Raises Full-Year 2017 Earnings
More informationHilton Reports Third Quarter Results
Investor Contact 7930 Jones Branch Drive Jill Slattery McLean, VA 22102 +1 703 883 6043 ir.hilton.com Media Contact Nigel Glennie +1 703 883 5262 Hilton Reports Third Quarter Results MCLEAN, VA (October
More informationFourth Quarter and Full Year 2017 Results Conference Call. March 9, 2018
Fourth Quarter and Full Year 2017 Results Conference Call March 9, 2018 Forward-Looking Statements and Non-GAAP Financial Measures This presentation includes information that may constitute forward-looking
More informationGAP INC. REPORTS FIRST QUARTER RESULTS. Company outlines measures to drive long-term success
GAP INC. REPORTS FIRST QUARTER RESULTS Company outlines measures to drive long-term success SAN FRANCISCO May 19, 2016 Gap Inc. (NYSE: GPS) today reported first quarter fiscal year 2016 results and provided
More informationGardner Denver Reports Strong Second Quarter 2018 Results and Raises Full Year 2018 Adjusted EBITDA Midpoint Guidance
August 1, 2018 Gardner Denver Reports Strong Second Quarter 2018 Results and Raises Full Year 2018 Adjusted EBITDA Midpoint Guidance Revenues of $668.2 million increased 15% over the prior year, supported
More informationTotal revenue was $128.0 billion, an increase of $4.7 billion, or "Thanks to the hard work of our
Walmart U.S. Q comps grew 4.5% and Walmart U.S. ecommerce sales grew 40%, Q GAAP net loss per share of 0.9; Adjusted EPS of.9, Walmart updates guidance for FY'9 GAAP EPS to.90 to 3.05, ex. Flipkart3 Walmart
More informationQ Earnings. GAAP to Non-GAAP
Q4 2011 Earnings GAAP to Non-GAAP Reconciliation This presentation contains forward-looking statements relating to, among other things, our outlook for full year 2012 bookings, adjusted EBITDA, stock-based
More informationGAP INC. REPORTS THIRD QUARTER RESULTS. Delivers Fourth Consecutive Quarter of Positive Comparable Sales Growth, with Positive 3 Percent.
GAP INC. REPORTS THIRD QUARTER RESULTS Delivers Fourth Consecutive Quarter of Positive Comparable Sales Growth, with Positive 3 Percent. Increases Reported EPS Guidance to a Range of $2.18 to $2.22 for
More informationGAP INC. REPORTS THIRD QUARTER RESULTS. Third Quarter Diluted Earnings Per Share Up 11 Percent to $0.80, Including $0.
GAP INC. REPORTS THIRD QUARTER RESULTS Third Quarter Diluted Earnings Per Share Up 11 Percent to $0.80, Including $0.06 Tax Benefit Net Sales were $3.97 Billion in the Third Quarter; Up 1 Percent on a
More informationThird Quarter 2018 Earnings Presentation
Third Quarter 2018 Earnings Presentation 1 Safe Harbor Statement This document may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
More informationLincoln Electric Holdings, Inc. Q Earnings Conference Call April 18, 2017
Lincoln Electric Holdings, Inc. Q1 2017 Earnings Conference Call April 18, 2017 Christopher L. Mapes Chairman, President & Chief Executive Officer Vincent K. Petrella Executive Vice President & Chief Financial
More informationFiserv Reports Third Quarter 2018 Results
Fiserv Reports Third Quarter 2018 Results October 31, 2018 GAAP revenue growth of 1 percent in the quarter and 2 percent year to date; GAAP EPS increase of 2 percent in the quarter and 33 percent year
More informationFirst Quarter 2017 Earnings Call
First Quarter 2017 Earnings Call May 4, 2017 Webcast: ir.avisbudgetgroup.com Dial-in: (630) 395-0021 Replay: (402) 998-0968 Passcode: 2995545 FORWARD- LOOKING STATEMENTS Statements about future results
More informationSAFE HARBOR STATEMENT
1 SAFE HARBOR STATEMENT Forward Looking Statements This press release contains or may contain forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation
More informationUnder Armour Reports First Quarter Results
May 1, 2018 Under Armour Reports First Quarter Results First Quarter Revenue up 6 Percent; Company Reiterates Full Year 2018 Outlook BALTIMORE, May 1, 2018 /PRNewswire/ -- Under Armour, Inc. (NYSE: UA,
More information2018 First Quarter Earnings Call. February 8, 2018
2018 First Quarter Earnings Call February 8, 2018 Forward Looking Statements / Non-GAAP Measures This presentation contains information about management's view of the Company's future expectations, plans
More informationADP Reports Fourth Quarter and Fiscal 2018 Results; Provides Fiscal 2019 Outlook
ADP Reports Fourth Quarter and Fiscal 2018 Results; Provides Fiscal 2019 Outlook Revenues increased 8% to $13.3 billion for the year, 6% organic constant currency Worldwide new business bookings increased
More informationTOTAL SALES $6.7 BILLION * Financial Highlights for Fiscal Year Ended December 31, 2017 CASH DIVIDEND RATE PER SHARE $0.
Advanced Instrumentation and Solutions 87% Sensing Technologies 13% Product Realization 37% Field Solutions 50% Professional Instrumentation 47% TOTAL SALES $6.7 BILLION * Industrial Technologies 53% Transportation
More informationAutohome Inc. Announces Unaudited Second Quarter Ended June 30, 2017 Financial Results
Autohome Inc. Announces Unaudited Second Quarter Ended June 30, 2017 Financial Results August 9, 2017 5:33 AM ET Net Revenues Increased 13.3% Year-over-Year to RMB1.6 Billion Net Income Attributable to
More informationSalesforce. NYSE:
Salesforce NYSE: CRM @Salesforce_ir 1 Safe Harbor "Safe harbor" statement under the Private Securities Litigation Reform Act of 1995: This presentation contains forward-looking statements about our financial
More informationAFLAC INCORPORATED ANNOUNCES FIRST QUARTER RESULTS, DECLARES SECOND QUARTER CASH DIVIDEND
News Release FOR IMMEDIATE RELEASE AFLAC INCORPORATED ANNOUNCES FIRST QUARTER RESULTS, DECLARES SECOND QUARTER CASH DIVIDEND COLUMBUS, Georgia April 27, 2010 Aflac Incorporated today reported its first
More information3Q 2017 Earnings Call Presentation
3Q 2017 Earnings Call Presentation Disclosure This presentation, including documents incorporated herein by reference, will contain forwardlooking statements made pursuant to the safe harbor provisions
More informationSafe Harbor and Non-GAAP Measures
Safe Harbor and Non-GAAP Measures Forward-Looking Statements This presentation contains statements about future events and expectations that constitute forward-looking statements. Forward-looking statements
More informationGAP INC. REPORTS FOURTH QUARTER AND FISCAL YEAR 2018 RESULTS. Company outlines plans to restructure specialty fleet and revitalize Gap brand health
GAP INC. REPORTS FOURTH QUARTER AND FISCAL YEAR 2018 RESULTS Company outlines plans to restructure specialty fleet and revitalize Gap brand health SAN FRANCISCO February 28, 2019 Gap Inc. (NYSE: GPS) today
More informationSupplementary Materials First Quarter Fiscal 2018 Earnings Call
Supplementary Materials First Quarter Fiscal 2018 Earnings Call November 2, 2017 Safe Harbor This document contains forwardlooking statements within the meaning of the Private Securities Litigation Reform
More informationTHE WENDY S COMPANY REPORTS PRELIMINARY 2016 RESULTS; ANNOUNCES 2017 OUTLOOK AND UPDATES 2020 GOALS
THE WENDY S COMPANY REPORTS PRELIMINARY 2016 RESULTS; ANNOUNCES 2017 OUTLOOK AND UPDATES 2020 GOALS 16th consecutive quarter of positive same-restaurant sales; North America system same-restaurant sales
More informationWalmart U.S. Q1 comps1,2 grew 2.1% and Walmart U.S. ecommerce sales grew 33%, Company reports Q1 GAAP EPS of $0.72; Adjusted EPS2 of $1.
Walmart U.S. Q comps, grew.% and Walmart U.S. ecommerce sales grew 33%, Company reports Q GAAP EPS of 0.7; Adjusted EPS of.4 Total revenue was.7 billion, an increase of 5. billion, or 4.4%. Excluding currency,
More informationZEBRA TECHNOLOGIES SECOND-QUARTER 2016 RESULTS. August 9, 2016
ZEBRA TECHNOLOGIES SECOND-QUARTER 2016 RESULTS August 9, 2016 Anders Gustafsson Chief Executive Officer Mike Smiley Chief Financial Officer 2 Safe Harbor Statement Statements made in this presentation
More information