Harley-Davidson, Inc. NYSE Investor Meeting June 25, 2012
|
|
- Denis Stanley
- 6 years ago
- Views:
Transcription
1 Harley-Davidson, Inc. NYSE Investor Meeting June 25, 2012 Amy Giuffre, Director of Investor Relations Harley-Davidson, Inc. Rachel Perschke, Investor Relations Coordinator Harley-Davidson, Inc. Keith Wandell, Chairman, President and CEO Harley-Davidson, Inc. Matt Levatich, President Harley-Davidson Motor Company John Olin, Chief Financial Officer Harley-Davidson, inc.
2 This presentation will include forward-looking statements that are subject to risks that could cause actual results to be materially different. Those risks include, among others, matters we have noted in our latest earnings release and filings with the U.S. SEC. Unless otherwise noted, the information presented, including without limitation all forward-looking statements, speaks only as of April 25, 2012 and does not reflect subsequent events, circumstances or changes in expectations. Inclusion of such forward-looking statement also does not constitute a reaffirmation of such statements of any subsequent date. Harley-Davidson disclaims any obligation to update any such information and does not intend to update such information if at all, until the Company s next quarterly earnings release which is currently scheduled to occur Aug. 1,
3 Chairman, President and Chief Executive Officer, Harley-Davidson, Inc. 2
4 Unleash Our Long-Term Potential Tap the Opportunities 3
5 Strategy Focus on the Harley-Davidson brand and strengthen it as one of the world s leading customer-focused, iconic brands by extending its reach beyond core customers and markets Be the global leader in the heavyweight Cruiser and Touring markets by anchoring and growing customer ridership through innovative products and services Be a flexible organization, focused on world class product development, manufacturing and retail to meet any level of market demand worldwide Develop great leaders to ensure a sustainable future for Harley- Davidson 4
6 Exceed Customer Expectations Create Growth Opportunities Build a Strong Business 5
7 Our Progress is Gratifying Employees, Dealers, Suppliers One Team, One Direction, Making a Difference 6
8 Enable Expressions of Personal Freedom and Individuality Globally 7
9 The Best is Yet to Come New Customers and Generations Products Manufacturing Retail Excellence 8
10 President and Chief Operating Officer, Harley-Davidson Motor Company 9
11 Global Reach 10
12 Dream of Personal Freedom 11
13 Transformation Product Development Manufacturing Retail 12
14 Product Development Reduce Time to Market Lead Emerging Trends Greater Capacity 13
15 Transformation Product Development Manufacturing Retail 14
16 Manufacturing People Methods Systems 15
17 Manufacturing Greater Flexibility Increased Efficiency New Operating Culture 16
18 Transformation Product Development Manufacturing Retail 17
19 Retail2020 Focus on the Customer 18
20 Retail2020 Respond to the Customer 19
21 Retail2020 It s All About the Customer 20
22 JOHN OLIN Senior Vice President and Chief Financial Officer, Harley-Davidson, Inc. 21
23 2012 Q Results Momentum Continued Shipments Revenue 64, % Motorcycles $ % Billion Income EPS $172 $0.74 Million +44.3% +45.1% Consolidated Motorcycle and Related Products and Financial Services Segments 22
24 Motorcycle Retail Sales - Worldwide Worldwide Harley-Davidson motorcycle retail sales were 59,677 units during Q driven by strong sales in the U.S. Worldwide Harley-Davidson Retail Sales Q1 12 WW 20.3% US 25.5% International 11.2% 25% 15% 5% -5% -15% -25% -35% Worldwide H-D yr/yr retail sales by quarter 20.3% 3.5% 5.6% 5.1% 10.9% -5.5% -7.7% -1.0% -21.3% -21.4% -18.2% -30.1% Q2 '09 Q3 '09 Q4 '09 Q1 '10 Q2 '10 Q3 '10 Q4 '10 Q1 '11 Q2 '11 Q3 '11 Q4 '11 Q1 '12 Motorcycles and Related Products Segment 23
25 Motorcycle Retail Sales - U.S. 45,000 35,000 25,000 15,000 5,000-5,000 U.S. H-D Retail Sales (Units) 31,691 39, % +25.5% Q1 '11 Q1 '12 U.S. H-D Retail Sales Q Stronger than expected retail sales Momentum from strong brand, 2012 product Unusually mild Q1 weather may have pulled forward some sales Harley-Davidson share of US 651+CC retail market First Quarter U.S. Dealer New Retail Inventory First Quarter U.S. Dealer Inventory* 60.0% 40.0% 20.0% 54.9% 55.7% 53.4% 57.4% 0.0% FY 2010 FY 2011 Q Q H-D share up 4.0 pts. in Q Industry up 17.5% in Q Q Q Q Q Q Q Q Yr./Yr. retail inventory down in Q Retail inventory up slightly from Q Motorcycles and Related Products Segment 24
26 Motorcycle Retail Sales - International Q1 12 International 11.2% - Canada 1.5% - EMEA Region -1.1% - Asia Pacific Region 25.4% - Latin America Region 85.2% International H-D Retail Sales Brazil dealer network gaining momentum Asia Pacific growth across entire region including Japan Europe growth in Germany, France and Switzerland; Softness in UK and southern countries Europe 651+CC Industry Retail Sales International Growth Progress Harley-Davidson share of Europe 651+CC retail market Goal: Add Intl dealers % 13.7% 12.6% 12.7% FY 2010 FY 2011 Q Q H-D share increased 0.1 pts. in Q Industry down 2.6% in Q Motorcycles and Related Products Segment 67 new dealers as of end of Q1 Opened dealers in Croatia, Russia, India, China and France in Q1 25
27 Harley-Davidson, Inc. Current Topics 26
28 Harley-Davidson, Inc. How does Europe impact your business? Approximately 17% of 2011 retail registrations We sell in local currency Strong foundation Brand and dealer strength Share growth 11 consecutive years #2 share in
29 Harley-Davidson, Inc shipment guidance and production? ,000 (up 5-7%) expected to ship in 2012* Takes into account Q1 Shipments up 19.4% Q2 Shipments expected to be up 18-26%* Q3 Production down as a result of ERP implementation* Q4 Production expected to be down in Q4; YE retail inventory lower than prior year* Ability to flex manufacturing at York starting in Q fewer production days compared to last year Lapping last year s ~7K unit inventory build to support ERP launch * As stated in our April 25 th, 2012 earnings release 28
30 Harley-Davidson, Inc. How is the U.S. retail inventory level? As of Q1 2012, U.S. retail inventory was at the lowest level since 2002 Expect pressure on retail inventory through Q3* Capacity constrained during ERP implementation Expect Q4 retail inventory to be lower than prior year* Flexible manufacturing capability in Q YE retail expected to be down vs as we expand flexible manufacturing to KC in 2014 * As stated in our April 25 th, 2012 earnings release 29
31 Harley-Davidson, Inc. What about gross margin? FY 2012 expect to 35.75% (up ~2pts. yr/yr)* Q1 gross margin of 35.9% Q2 gross margin expected to be slightly lower than Q1 2012* Lower production Going forward, gross margin will be impacted by Benefit of restructuring savings and elimination of temporary inefficiencies Incremental volume (incremental gross margin of 50%) Mix - International growth expected to be neutral impact on mix Currency - Key currency devaluation Continuous improvement productivity expected to help offset future inflation * As stated in our April 25 th, 2012 earnings release 30
32 Harley-Davidson, Inc. Why did you change ERP timing? Timing adjustment made as a result of learnings from testing Reduced complexity and improved system design More testing = higher confidence July 2 launch Expect slightly reduced overall production downtime* Timing now syncs with model year 2013 cut-over * As stated in our April 25 th, 2012 earnings release 31
33 Harley-Davidson, Inc. When will current restructuring be complete? Expected to be complete by the end of 2013 All costs and savings within expected ranges Q1 actual restructuring expense of $11.5 million vs. $23.0 million Q Cost $221 Actual Motorcycle Segment Restructuring Summary as of 4/25/12 $ Millions Total $164 Actual $68 Actual $50-$60 Estimated $0-$5 Estimated $500-$520 Estimated % Cash 65% 52% 93% Approx. 80% Approx. 50% Approx. 65% Annual Savings $91 Actual $172 Actual $217 Actual $275-$295 Estimated $300-$320 Estimated $315-$335 Estimated % SG&A 91% 64% 51% 35-45% 30-40% 30-40% Motorcycle and Related Products Segment 32
34 Harley-Davidson, Inc restructuring activities? Q1 Q2 Q3 Q4 Australia Wheel Manufacturing Exit Implement Kansas City Contract Activities GM/P&A Distribution consolidation Implement WI Contract York ERP Implementation York Flex. Mfg Prep Temporary Inefficiencies (Millions) $7 Actual $6-9 Estimated $9-14 Estimated $5-8 Estimated 2012 Total $32 Approx. Motorcycle and Related Products Segment 33
35 Harley-Davidson, Inc. What should we expect from HDFS in 2012? Strong business, strategically critical to Harley-Davidson, Inc Q credit losses lowest in 7 years Q earnings down slightly behind Q reserve release FY earnings expected to be lower in 2012 compared to 2011* Reserve Releases Q1 $12.4 $3.2 FY $39.4 Q1 yr/yr retail receivables outstanding down 3.5% Increased competition * As stated in our April 25 th, 2012 earnings release 34
36 Harley-Davidson, Inc. Future Growth? Investment Focused Investment in Growth Products International Expansion Relevance Custom & touring segments Own Customization Transform product development org. and methodology Expect to add new dealers through 2014 Biggest opportunities in Brazil, India and China Build brand strength Multi-cultural, multi-generational strategy Leverage brand strength globally Grow sales to core and Outreach (Outreach at faster rate) 35
37 Harley-Davidson, Inc. Capital allocation plans? Will continue to maintain 12 months of projected liquidity Committed to dividend and share repurchases $0.62 annualized dividend, up 55% since 2010 Q % increase Q % increase Repurchased 6.2 million shares (as of end of Q1) 36
38 Harley-Davidson, Inc. Strategy How will you measure success? Targets 09 through 14 Progress Through 2011 Outperform S&P over time In 2011, HOG was up over 12% while the S&P was flat Grow intl. retail sales at a faster rate than domestic Add intl. dealers 62 added through 2011 International sales were up 6.1% in 2011, the U.S. was up 5.8% Intl retail sales to exceed 40% Grow sales to outreach and core customers Outreach will grow at a faster rate than core Earnings grow at faster rate than revenue through 2014 including: Realize restructuring savings of $315 - $335 million through 2013 SG&A spending as a decreasing percentage of revenue 36% of 2011 retail sales were international achieved #1 mkt share position in all outreach segments. Increased market share in Young Adults pts, Women +7.0 pts, African American pts, and Hispanic pts. While both core and outreach grew, core grew at a slightly faster rate EPS was up from $1.11 in 2010 to $2.33 in 2011 Realized $217 of savings through 2011; on-track to goal SG&A down nearly 3pts as a percent of revenue in 2011 * As reported in Harley-Davidson s October 30, Q filing with the SEC 37
39 Forward Looking Statement The Company intends that certain matters discussed in this presentation are forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of These forward-looking statements can generally be identified as such because the context of the statement will include words such as the Company believes, anticipates, expects, plans, or estimates or words of similar meaning. Similarly, statements that describe future plans, objectives, outlooks, targets, guidance or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated as of the date of this presentation. Certain of such risks and uncertainties are described below. Shareholders, potential investors, and other readers are urged to consider these factors in evaluating the forward-looking statements and cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements included in this presentation are only made as of the date of this presentation, and the Company disclaims any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. 38
40 Forward Looking Statement The Company s ability to meet the targets and expectations noted depends upon, among other factors, the Company's ability to (i) execute its business strategy, (ii) effectively execute the Company s restructuring plans within expected costs and timing, (iii) implement and manage enterprise-wide information technology solutions, including solutions at its manufacturing facilities, and secure data contained in those systems, (iv) adjust to fluctuations in foreign currency exchange rates, interest rates and commodity prices, (v) anticipate the level of consumer confidence in the economy, (vi) manage through inconsistent economic conditions, including changing capital, credit and retail markets, (vii) continue to realize production efficiencies at its production facilities and manage operating costs including materials, labor and overhead, (viii) successfully implement with our labor unions the agreements that we have executed with them that we believe will provide flexibility and cost-effectiveness to accomplish restructuring goals and long-term competitiveness, (ix) manage risks that arise through expanding international operations and sales, (x) manage supply chain issues, including any unexpected interruptions or price increases caused by raw material shortages or natural disasters, (xi) manage production capacity and production changes, (xii) provide products, services and experiences that are successful in the marketplace, (xiii) develop and implement sales and marketing plans that retain existing retail customers and attract new retail customers in an increasingly competitive marketplace, (xiv) manage the risks that our independent dealers may have difficulty obtaining capital and managing through changing economic conditions and consumer demand, (xv) continue to have access to reliable sources of capital funding and adjust to fluctuations in the cost of capital, (xvi) manage the credit quality, the loan servicing and collection activities, and the recovery rates of HDFS loan portfolio, (xvii) sell all of its motorcycles and related products and services to its independent dealers, (xviii) continue to develop the capabilities of its distributor and dealer network, (xix) manage changes and prepare for requirements in legislative and regulatory environments for its products, services and operations, (xx) adjust to healthcare inflation and reform, pension reform and tax changes, (xxi) retain and attract talented employees, and (xxii) detect any issues with our motorcycles or manufacturing 39
41 Forward Looking Statement In addition, the Company could experience delays or disruptions in its operations as a result of work stoppages, strikes, natural causes, terrorism or other factors. Other factors are described in risk factors that the Company has disclosed in documents previously filed with the Securities and Exchange Commission. The Company s ability to sell its motorcycles and related products and services and to meet its financial expectations also depends on the ability of the Company s independent dealers to sell its motorcycles and related products and services to retail customers. The Company depends on the capability and financial capacity of its independent dealers and distributors to develop and implement effective retail sales plans to create demand for the motorcycles and related products and services they purchase from the Company. In addition, the Company s independent dealers and distributors may experience difficulties in operating their businesses and selling Harley-Davidson motorcycles and related products and services as a result of weather, economic conditions or other factors. # 40
Harley-Davidson, Inc First Quarter Update April 25, 2012
Mon. 4/19 AM Harley-Davidson, Inc. 2012 First Quarter Update April 25, 2012 2012 Harley-Davidson Seventy-Two Agenda 2012 First Quarter Update Introduction - Amy Giuffre, Director, Investor Relations Opening
More informationHarley-Davidson, Inc Third Quarter Update October 23, 2012
Mon. 4/19 AM Harley-Davidson, Inc. 2012 Third Quarter Update October 23, 2012 2013 CVO TM Breakout TM These slides support the material discussed in the corresponding conference call. Please see complete
More informationHarley-Davidson, Inc Fourth Quarter Update January 29, 2013
Mon. 4/19 AM Harley-Davidson, Inc. 2012 Fourth Quarter Update January 29, 2013 2013 CVO TM Breakout TM Introduction Amy Giuffre, Director, Investor Relations Opening Remarks Keith Wandell, CEO H-D, Inc.
More informationJuly 28, 2016 Conference Call Slide Presentation HARLEY-DAVIDSON, INC SECOND QUARTER UPDATE
HARLEY-DAVIDSON, INC. 2016 SECOND QUARTER UPDATE JULY 28, 2016 2016 SECOND QUARTER UPDATE THIS PRESENTATION SUPPORTS THE AUDIO CONFERENCE CALL CONFERENCE CALL PARTICIPANTS Introduction Business Perspectives
More informationOctober 18, 2016 Conference Call Slide Presentation HARLEY-DAVIDSON, INC THIRD QUARTER UPDATE
HARLEY-DAVIDSON, INC. 2016 THIRD QUARTER UPDATE OCTOBER 18, 2016 2016 THIRD QUARTER UPDATE THIS PRESENTATION SUPPORTS THE AUDIO CONFERENCE CALL CONFERENCE CALL PARTICIPANTS Introduction Business Perspectives
More informationApril 18, 2017 Conference Call Slide Presentation HARLEY-DAVIDSON, INC FIRST QUARTER UPDATE
HARLEY-DAVIDSON, INC. 2017 FIRST QUARTER UPDATE APRIL 18, 2017 2017 FIRST QUARTER UPDATE THIS PRESENTATION SUPPORTS THE AUDIO CONFERENCE CALL CONFERENCE CALL AGENDA Introduction Strategy Perspectives Financial
More informationHarley-Davidson, Inc Second Quarter Update July 19, 2011
Mon. 4/19 AM Harley-Davidson, Inc. 2011 Second Quarter Update July 19, 2011 2012 Harley-Davidson Road Glide Custom 2 Agenda 2011 Second Quarter Update Introduction - Amy Giuffre, Director, Investor Relations
More informationHARLEY-DAVIDSON REPORTS SECOND QUARTER 2016 EARNINGS
HARLEY-DAVIDSON REPORTS SECOND QUARTER 2016 EARNINGS Strong share gains in the U.S. in the face of industry headwinds, international sales up MILWAUKEE, July 28, 2016 Harley-Davidson, Inc. (NYSE:HOG) second
More informationHarley-Davidson, Inc. (Exact name of registrant as specified in its charter)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event
More informationJanuary 29, 2019 Conference Call Slide Presentation HARLEY-DAVIDSON, INC FOURTH QUARTER UPDATE
HARLEY-DAVIDSON, INC. 2018 FOURTH QUARTER UPDATE JANUARY 29, 2019 2018 FOURTH QUARTER UPDATE THIS PRESENTATION SUPPORTS THE AUDIO CONFERENCE CALL CONFERENCE CALL AGENDA Introduction Business Perspectives
More informationHarley-Davidson, Inc. (Exact name of registrant as specified in its charter)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event
More informationHarley-Davidson, Inc. (Exact name of registrant as specified in its charter)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event
More informationOctober 23, 2018 Conference Call Slide Presentation HARLEY-DAVIDSON, INC THIRD QUARTER UPDATE
HARLEY-DAVIDSON, INC. 2018 THIRD QUARTER UPDATE OCTOBER 23, 2018 2018 THIRD QUARTER UPDATE THIS PRESENTATION SUPPORTS THE AUDIO CONFERENCE CALL CONFERENCE CALL AGENDA Introduction Business Perspectives
More informationHARLEY-DAVIDSON ANNOUNCES FIRST QUARTER RESULTS
HARLEY-DAVIDSON ANNOUNCES FIRST QUARTER RESULTS 04/24/2018 MILWAUKEE, April 24, 2018 /PRNewswire/ -- Harley-Davidson, Inc. (NYSE:HOG) today reported first quarter 2018 results and confirmed its 2018 outlook.
More informationCUSTOMERS. PEOPLE. PARTNERS.
THIRD-QUARTER 2017 FINANCIAL REVIEW October 24, 2017 CUSTOMERS. PEOPLE. PARTNERS. FORWARD-LOOKING STATEMENTS Forward-looking Statements Certain statements in this financial review relate to future events
More informationFourth Quarter and Full Year 2018 Financial Review. January 28, 2019
Fourth Quarter and Full Year 2018 Financial Review January 28, 2019 Forward-Looking Statements Certain statements in this financial review relate to future events and expectations and are forward-looking
More informationTENNECO REPORTS THIRD QUARTER 2014 RESULTS
news release TENNECO REPORTS THIRD QUARTER 2014 RESULTS Record third quarter revenue of $2.1 billion Record third quarter EBIT of $140 million EPS of $1.27 per diluted share Lake Forest, Illinois, October
More informationFourth-Quarter and Year-End 2017 Financial Review. January 25, 2018
Fourth-Quarter and Year-End 2017 Financial Review January 25, 2018 Forward-Looking Statements Certain statements in this financial review relate to future events and expectations and are forward-looking
More informationFirst Quarter 2018 Financial Review. April 24, 2018
First Quarter 2018 Financial Review April 24, 2018 Forward-Looking Statements Certain statements in this financial review relate to future events and expectations and are forward-looking statements within
More informationSecond Quarter 2018 Financial Review. July 30, 2018
Second Quarter 2018 Financial Review July 30, 2018 Forward-Looking Statements Certain statements in this financial review relate to future events and expectations and are forward-looking statements within
More informationTENNECO REPORTS FIRST QUARTER 2018 RESULTS
news release TENNECO REPORTS FIRST QUARTER 2018 RESULTS Record-high first quarter revenue, outpacing industry production Expects constant currency revenue growth of 8% in second quarter Changed segment
More informationTENNECO REPORTS FOURTH QUARTER AND FULL-YEAR 2013 RESULTS
news release TENNECO REPORTS FOURTH QUARTER AND FULL-YEAR 2013 RESULTS Record-high 4Q and full year revenue Record-high 4Q EBIT and net income 4Q cash flow from operations of $412 million Lake Forest,
More informationThird Quarter 2018 Financial Review. October 23, 2018
Third Quarter 2018 Financial Review October 23, 2018 Forward-Looking Statements Certain statements in this financial review relate to future events and expectations and are forward-looking statements within
More informationTENNECO REPORTS THIRD QUARTER RESULTS
news release TENNECO REPORTS THIRD QUARTER RESULTS Record-high third quarter revenue Record-high third quarter EBIT before restructuring charges Lake Forest, Illinois, October 28, 2013 Tenneco Inc. (NYSE:TEN)
More informationTENNECO REPORTS SECOND QUARTER 2016 RESULTS
news release TENNECO REPORTS SECOND QUARTER 2016 RESULTS Revenue growth continuing to outpace industry production Record-high second quarter EBIT Year-over-year margin expansion Record-high second quarter
More informationSECOND-QUARTER 2017 FINANCIAL REVIEW. July 25, 2017
SECOND-QUARTER 2017 FINANCIAL REVIEW July 25, 2017 FORWARD-LOOKING STATEMENTS Forward-looking Statements Certain statements in this financial review relate to future events and expectations and are forward-looking
More informationMattel, Inc. Earnings Conference Call Fourth Quarter 2017 (Unaudited Results)
Mattel, Inc. Earnings Conference Call Fourth Quarter 2017 (Unaudited Results) FEBRUARY 1, 2018 MARGARET GEORGIADIS CHIEF EXECUTIVE OFFICER JOE EUTENEUER CHIEF FINANCIAL OFFICER FORWARD-LOOKING STATEMENTS:
More informationTENNECO REPORTS FOURTH QUARTER AND FULL-YEAR 2017 RESULTS
news release TENNECO REPORTS FOURTH QUARTER AND FULL-YEAR 2017 RESULTS Record fourth quarter and full-year revenue; double-digit growth in commercial truck and off-highway Record fourth quarter EBIT and
More informationSecond Quarter 2018 Earnings (Unaudited Results) July 25, Mattel, Inc. All Rights Reserved.
Second Quarter 2018 Earnings (Unaudited Results) July 25, 2018 FORWARD-LOOKING STATEMENTS: This presentation contains a number of forward-looking statements within the meaning of the Private Securities
More informationPPG Fourth Quarter and Full Year 2017 Financial Results
PPG Fourth Quarter and Full Year 2017 Financial Results Michael H. McGarry, Chairman and Chief Executive Officer Vincent J. Morales, Senior Vice President and Chief Financial Officer John Bruno, Director,
More information2017 First Quarter Business Review
2017 First Quarter Business Review (Unaudited) April 25, 2017 1 Earnings Conference Calls Q2: July 25, 2017 Q3: October 24, 2017 2018 Outlook Meeting December 12, 2017 2 Upcoming 2017 investor events European
More informationTenneco Reports Fourth Quarter And Full-Year 2012 Financial Results
news release Tenneco Reports Fourth Quarter And Full-Year 2012 Financial Results Highest-ever full-year revenue of $7.4 billion Record net income and EPS for Q4 and full year Record fourth quarter cash
More informationCautionary Statement Regarding Forward-Looking Information
Ecolab 1 Fourth Quarter 2011 Teleconference Supplemental Data Cautionary Statement Cautionary Statement Regarding Forward-Looking Information This communication contains various "Forward-Looking Statements"
More informationThird Quarter 2018 Earnings. (Unaudited Results) October 25, 2018
Third Quarter 2018 Earnings (Unaudited Results) October 25, 2018 Forward-Looking Statements This presentation contains a number of forward-looking statements within the meaning of the Private Securities
More informationWells Fargo Industrials Conference. May 8, 2018
Wells Fargo Industrials Conference May 8, 2018 Forward-Looking Statements Certain statements in this financial review relate to future events and expectations and are forward-looking statements within
More informationForward-Looking Statements
First Quarter 2016 Conference Call April 27, 2016 Forward-Looking Statements Certain information contained in this presentation constitutes forward-looking statements for purposes of the safe harbor provisions
More informationTENNECO REPORTS SECOND QUARTER 2017 RESULTS
news release TENNECO REPORTS SECOND QUARTER 2017 RESULTS Record-high second quarter revenue, outpacing industry production Double-digit growth in commercial truck and off highway revenue Returned $57 million
More informationTENNECO REPORTS SECOND QUARTER 2015 RESULTS
news release TENNECO REPORTS SECOND QUARTER 2015 RESULTS Revenue of $2.1 billion Continued EBIT margin improvement Higher year-over-year cash from operations Lake Forest, Illinois, July 24, 2015 Tenneco
More informationFirst Quarter 2013 Results
First Quarter 2013 Results 30 April 2013 Forward looking statements Certain statements contained in this report that are not statements of historical fact constitute forward-looking statements, notwithstanding
More informationForward-Looking Statements
Third Quarter 2014 Conference Call October 29, 2014 Forward-Looking Statements Certain information contained in this presentation constitutes forward-looking statements for purposes of the safe harbor
More informationPPG Industries, Inc. First 2018 Financial Results Earnings Brief April 19, 2018
PPG Industries, Inc. First 2018 Financial Results Earnings Brief April 19, 2018 First Quarter Financial Highlights PPG first quarter net sales from continuing operations were approximately $3.8 billion,
More information2016 THIRD-QUARTER EARNINGS REVIEW October 25, 2016
2016 THIRD-QUARTER EARNINGS REVIEW October 25, 2016 0 THIRD-QUARTER EARNINGS PRESENTATION WHIRLPOOL CORPORATION ADDITIONAL INFORMATION This presentation contains forward-looking statements about Whirlpool
More informationCaterpillar Resource Industries. Denise Johnson, Group President
Caterpillar Resource Industries Denise Johnson, Group President Forward-Looking Statements Certain statements in this presentation relate to future events and expectations and are forward-looking statements
More informationEarnings/News Release
Earnings/News Release Avon Reports Fourth-Quarter and 2008 Results Fourth-Quarter Earnings Per Share Up 80% to $.54 Fourth-Quarter Total Revenue of $2.8 Billion 9% Lower; Up 2% on Local-Currency Basis
More informationFirst Quarter 2019 Financial Results
First Quarter 2019 Financial Results Michael H. McGarry, Chairman and Chief Executive Officer Vincent J. Morales, Senior Vice President and Chief Financial Officer John Bruno, Director, Investor Relations
More informationFOR IMMEDIATE RELEASE FEBRUARY 28, 2018 SYKES ENTERPRISES, INCORPORATED REPORTS FOURTH QUARTER AND FULL YEAR 2017 FINANCIAL RESULTS
News Release news release FOR IMMEDIATE RELEASE FEBRUARY 28, 2018 SYKES ENTERPRISES, INCORPORATED REPORTS FOURTH QUARTER AND FULL YEAR 2017 FINANCIAL RESULTS --Higher overall demand drives strong underlying
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 informationSupplemental Information
Supplemental Information 3 rd Quarter Fiscal 2018 August 6, 2018 Today s Speakers Tom Hayes President & CEO Stewart Glendinning EVP & CFO 2 Forward-Looking Statements Certain information contained in this
More informationCenveo Reports Third Quarter 2016 Results
News Release Cenveo Reports Third Quarter Results - Redeeming 50% of Remaining 11.5% Notes, Repurchased Most of 7% Convertible Notes - STAMFORD, CT (November 2, ) - Cenveo, Inc. (NYSE: CVO) reported financial
More informationECOLAB FOURTH QUARTER REPORTED DILUTED EPS $1.35 ADJUSTED DILUTED EPS $1.54, +12% 2019 ADJUSTED DILUTED EPS FORECAST $5.80 TO $6.
News Release Ecolab Inc. 1 Ecolab Place, St. Paul, Minnesota 55102 FOR IMMEDIATE RELEASE Michael J. Monahan (651) 250-2809 Andrew C. Hedberg (651) 250-2185 ECOLAB FOURTH QUARTER REPORTED DILUTED EPS $1.35
More informationFOR IMMEDIATE RELEASE MAY 7, 2018 SYKES ENTERPRISES, INCORPORATED REPORTS FIRST QUARTER 2018 FINANCIAL RESULTS
News Release news release FOR IMMEDIATE RELEASE MAY 7, 2018 SYKES ENTERPRISES, INCORPORATED REPORTS FIRST QUARTER 2018 FINANCIAL RESULTS --Higher demand coupled with strong operating performance and a
More informationFarm to Market Conference
12 th Annual Farm to Market Conference BMO Capital Markets May 17, 2017 Core 9 and Total Tyson Outpacing CPG Volume sales % change among top 10 branded food companies >$5B in sales 5.0% 4.8% Total Food
More informationSUMMARY REVENUES $8.9 BILLION. Up 9% YoY on a GAAP basis and 7% on a Constant Currency basis TOMMY HILFIGER $3.9 BILLION
SUMMARY FULL YEAR 2017 REVENUES EMANUEL CHIRICO Chairman and Chief Executive Officer We are very pleased with our fourth quarter and full year 2017 results, which exceeded our expectations even with the
More informationANNUAL SHAREHOLDER MEETING AUGUST 2016 O R I O N LIGHTING.COM
ANNUAL SHAREHOLDER MEETING AUGUST 2016 O R I O N LIGHTING.COM 1 SAFE HARBOR Certain matters discussed in this presentation are "forward-looking statements" intended to qualify for the safe harbor from
More informationMETLIFE ANNOUNCES STRONG SECOND QUARTER 2010 RESULTS
Public Relations MetLife, Inc. 1095 Avenue of the Americas New York, NY 10036 Contacts: For Media: John Calagna (212) 578-6252 For Investors: Conor Murphy (212) 578-7788 METLIFE ANNOUNCES STRONG SECOND
More informationTENNECO REPORTS SECOND QUARTER 2018 RESULTS
news release TENNECO REPORTS SECOND QUARTER 2018 RESULTS Record-high second quarter revenue, outpacing industry production with growth in all three reporting segments Strong cash generation driven by working
More information3Q18 Earnings Announcement
3Q18 Earnings Announcement October 24, 2018 2018 United Parcel Service of America, All rights reserved. Scott Childress Investor Relations Officer 2 UPS Speakers David Abney Chairman and CEO Richard Peretz
More informationSupplemental Information
Supplemental Information 1st Quarter Fiscal 2018 February 8, 2018 Dennis Leatherby Tom Hayes Stewart Glendinning 2 Forward-Looking Statements Certain information contained in this presentation may constitute
More informationSYKES ENTERPRISES, INCORPORATED REPORTS FIRST QUARTER 2017 FINANCIAL RESULTS
News Release news release FOR IMMEDIATE RELEASE MAY 8, 2017 SYKES ENTERPRISES, INCORPORATED REPORTS FIRST QUARTER 2017 FINANCIAL RESULTS --Diverse demand levers, strong operating performance and expense
More informationHasbro Reports First Quarter 2018 Financial Results
Hasbro Reports First Quarter 2018 Financial Results April 23, 2018 First quarter 2018 revenues decreased to $716.3 million due to the liquidation of Toys R Us and retail inventory overhang, primarily in
More informationWebcast. Fourth Quarter Fiscal Year 2016 Results. Quarter ended February 26, 2016
Webcast Fourth Quarter Fiscal Year Results Quarter ended February 26, Forward-looking statements From time to time, in written and oral statements, the company discusses its expectations regarding future
More informationFOR IMMEDIATE RELEASE February 25, 2019 SYKES ENTERPRISES, INCORPORATED REPORTS FOURTH QUARTER AND FULL YEAR 2018 FINANCIAL RESULTS
News Release news release FOR IMMEDIATE RELEASE February 25, 2019 SYKES ENTERPRISES, INCORPORATED REPORTS FOURTH QUARTER AND FULL YEAR 2018 FINANCIAL RESULTS --Capacity rationalization drives comparable
More informationFirst Quarter 2018 Conference Call. April 25, 2018
First Quarter 2018 Conference Call April 25, 2018 Forward-Looking Statements Certain information contained in this presentation constitutes forward-looking statements for purposes of the safe harbor provisions
More informationFOR IMMEDIATE RELEASE AUGUST 7, 2017 SYKES ENTERPRISES, INCORPORATED REPORTS SECOND QUARTER 2017 FINANCIAL RESULTS. Updating 2017 Business Outlook
News Release news release FOR IMMEDIATE RELEASE AUGUST 7, 2017 SYKES ENTERPRISES, INCORPORATED REPORTS SECOND QUARTER 2017 FINANCIAL RESULTS Updating 2017 Business Outlook TAMPA, FL August 7, 2017 Sykes
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 informationThird Quarter 2017 Earnings Results
POLARIS INDUSTRIES INC. Third Quarter 2017 Earnings Results October 24, 2017 SAFE HARBOR & NON-GAAP MEASURES Except for historical information contained herein, the matters set forth in this presentation,
More informationFirst Quarter 2014 Results
First Quarter 2014 Results 7 May 2014 Forward looking statements Certain statements contained in this report that are not statements of historical fact constitute forward-looking statements, notwithstanding
More informationSupplemental Information February 7, 2019 Tyson Foods, Inc.
Q1 FY2019 Supplemental Information Today s Speakers Noel White President & CEO Stewart Glendinning EVP & CFO Forward-Looking Statements Certain information in this report constitutes forward-looking statements.
More informationQ Earnings Conference Call Supplemental 2020 Plan Details
Karen Colonias CEO Brian Magstadt CFO Q3 2017 Earnings Conference Call Supplemental 2020 Plan Details October 30, 2017 Safe Harbor This document contains forward-looking statements within the meaning of
More informationGreif Reports Second Quarter 2017 Results
Greif Reports Second Quarter 2017 Results 6/7/2017 DELAWARE, Ohio--(BUSINESS WIRE)-- Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, announced second quarter
More informationHasbro Reports Financial Results for the First Quarter 2012
For Immediate Release April 23, 2012 Contacts: Debbie Hancock (Investor Relations) 401-727-5401 Wayne Charness (News Media) 401-727-5983 Hasbro Reports Financial Results for the First Quarter 2012 Net
More informationGoldman Sachs. 18 th Annual Agribusiness Conference. March 12, 2014
Goldman Sachs 18 th Annual Agribusiness Conference March 12, 2014 FORWARD-LOOKING STATEMENTS Certain information contained in this presentation may constitute forward-looking statements, such as information
More informationCenveo Reports Fourth Quarter and Full Year 2016 Results
News Release Cenveo Reports Fourth Quarter and Full Year Results Announces Two-Year, $50 Million Profitability Improvement Plan Redeeming Remaining 11.5% Notes STAMFORD, CT (February 22, 2017) - Cenveo,
More information901 S. Central Expressway, Richardson, TX 75080
901 S. Central Expressway, Richardson, TX 75080 FOSSIL GROUP REPORTS THIRD QUARTER RESULTS Net Sales Increase 18% to $810 Million Diluted EPS Increases 25% to $1.58 Maintains Full Year EPS Guidance and
More informationFourth Quarter 2018 Financial Results
Fourth Quarter 2018 Financial Results Michael H. McGarry, Chairman and Chief Executive Officer Vincent J. Morales, Senior Vice President and Chief Financial Officer John Bruno, Director, Investor Relations
More informationSecond Quarter 2018 Earnings Teleconference. July 31, 2018
Second Quarter 2018 Earnings Teleconference July 31, 2018 CONTENTS Q2 2018 Summary 2018 Guidance Q2 2018 Supplemental Information Appendix 2 Disclosure Regarding Forward-Looking Statements Information
More information4Q18 Financial Results. February 26, 2019
4Q18 Financial Results February 26, 2019 Disclaimer No Offer or Solicitation This presentation is provided for informational purposes only and is not intended to and shall not constitute an offer to sell
More informationHasbro Reports Second Quarter 2018 Financial Results
Hasbro Reports Second Quarter Financial Results July 23, Second quarter revenues of $904.5 million; U.S. and Canada segment revenues down 7%; International segment revenues down 11%; Entertainment and
More informationTYSON CONTINUES GROWTH WITH RECORD THIRD QUARTER EARNINGS; PROJECTS AT LEAST 10% EPS GROWTH IN 2015
TYSON CONTINUES GROWTH WITH RECORD THIRD QUARTER EARNINGS; PROJECTS AT LEAST 10% EPS GROWTH IN 2015 Springdale, Arkansas July 28, 2014 Tyson Foods, Inc. (NYSE: TSN), today reported the following results:
More informationZEBRA TECHNOLOGIES FIRST QUARTER 2016 RESULTS May 10, 2016
ZEBRA TECHNOLOGIES FIRST QUARTER 2016 RESULTS May 10, 2016 Anders Gustafsson Chief Executive Officer Mike Smiley Chief Financial Officer 2 Safe Harbor Statement Statements made in this presentation which
More information4Q 2018 Highlights and Operating Results. Products. Technology. Services. Delivered Globally.
4Q 2018 Highlights and Operating Results Products. Technology. Services. Delivered Globally. Table of Contents Page 3 Safe Harbor Statement and Non-GAAP Financial Measures 4 Sales Overview 9 Overview of
More informationPREMIUM BRANDS HOLDINGS CORPORATION ANNOUNCES RECORD FIRST QUARTER 2017 RESULTS AND DECLARES SECOND QUARTER 2017 DIVIDEND
PREMIUM BRANDS HOLDINGS CORPORATION ANNOUNCES RECORD FIRST QUARTER RESULTS AND DECLARES SECOND QUARTER DIVIDEND VANCOUVER, B.C., May 15,. Premium Brands Holdings Corporation (TSX: PBH), a leading producer,
More informationMETLIFE ANNOUNCES FOURTH QUARTER AND FULL YEAR 2008 RESULTS
Public Relations MetLife, Inc. 1095 Avenue of the Americas New York, NY 10036 Contacts: For Media: For Investors: John Calagna Conor Murphy (212) 578-6252 (212) 578-7788 METLIFE ANNOUNCES FOURTH QUARTER
More informationSupplemental Information
Supplemental Information 2 nd Quarter Fiscal 2018 May 7, 2018 Today s Speakers Tom Hayes President & CEO Stewart Glendinning EVP & CFO 2 Forward-Looking Statements Certain information contained in this
More information1 of 7 5/5/14 6:46 AM
TYSON POSTS RECORD SECOND QUARTER; SALES EXCEED $9.0 BILLION AS EARNINGS INCREASE 58% TO $0.60 05/05/14 SPRINGDALE, Ark., May 5, 2014 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE:TSN), today reported the
More informationREVENUES PVH $2.1. BILLION Up 7% YoY on a GAAP basis and Constant Currency basis TOMMY HILFIGER $892
SUMMARY 2Q17 EARNINGS REVENUES PVH $2.1 BILLION Up 7% YoY on a GAAP basis and Constant Currency basis CALVIN KLEIN $786 MILLION Up 8% YoY on a GAAP basis and Constant Currency basis Emanuel Chirico Chairman
More informationFourth Quarter & Full Year 2017 Earnings Results
POLARIS INDUSTRIES INC. Fourth Quarter & Full Year 2017 Earnings Results January 30, 2018 SAFE HARBOR & NON-GAAP MEASURES Except for historical information contained herein, the matters set forth in this
More informationinspiring wonder 2018 New York Toy Fair
Forward-Looking Statements/Regulation G FORWARD-LOOKING STATEMENTS: This presentation contains a number of forward-looking statements within the meaning of the Private Securities Litigation Reform Act
More informationUnder Armour Reports Third Quarter Results; Updates Full Year 2018 Outlook
Under Armour Reports Third Quarter Results; Updates Full Year 2018 Outlook October 30, 2018 BALTIMORE, Oct. 30, 2018 /PRNewswire/ -- (NYSE: UA, UAA) today announced financial results for the third quarter
More informationForward-Looking Statements
Fourth Quarter 2015 Conference Call February 9, 2016 Forward-Looking Statements Certain information contained in this presentation constitutes forward-looking statements for purposes of the safe harbor
More informationForward-Looking Statements
Third Quarter 2015 Conference Call October 29, 2015 Forward-Looking Statements Certain information contained in this presentation constitutes forward-looking statements for purposes of the safe harbor
More informationScott W. Wine, Chairman & CEO
POLARIS INDUSTRIES INC. Scott W. Wine, Chairman & CEO Raymond James Investor Conference March 6, 2018 VIDEO: Levi Lavallee Super Bowl Jump 2 POLARIS INDUSTRIES INC. A GLOBAL CORPORATION 1954 Year Polaris
More informationStanley Black & Decker Reports Full Year And 4Q 2017 Results
Stanley Black & Decker Reports Full Year And 4Q 2017 Results New Britain, Connecticut, January 24, 2018 Stanley Black & Decker (NYSE: SWK) today announced full year and fourth quarter 2017 financial results.
More informationSECOND QUARTER 2018 BUSINESS REVIEW. Jonathan W. Painter, President & CEO Michael J. McKenney, Executive Vice President & CFO
SECOND QUARTER 2018 BUSINESS REVIEW Jonathan W. Painter, President & CEO Michael J. McKenney, Executive Vice President & CFO Forward-Looking Statements The following constitutes a Safe Harbor statement
More informationForward-Looking Statements
Fourth Quarter 2014 Conference Call February 17, 2015 Forward-Looking Statements Certain information contained in this presentation constitutes forward-looking statements for purposes of the safe harbor
More information2017 Results and 2018 Outlook
2017 Results and 2018 Outlook January 23, 2018 www.kimberly-clark.com Leading the world in essentials for a better life Conference Call Reminders Forward-Looking Information Certain matters in this presentation
More informationSecond Quarter 2014 Earnings Call July 30, Ilene Gordon, Chairman and CEO Jack Fortnum, Chief Financial Officer
Second Quarter 2014 Earnings Call July 30, 2014 Ilene Gordon, Chairman and CEO Jack Fortnum, Chief Financial Officer Forward-Looking Statements This presentation contains or may contain forward-looking
More information14375 NW Science Park Drive Portland, OR April 29, 2014
14375 NW Science Park Drive Portland, OR 97229 April 29, 2014 CFO Commentary on First Quarter 2014 Financial Results, Upward-Revised 2014 Pre-Acquisition Financial Outlook, and Agreement to Purchase prana
More informationFull Year 2012 Results
Full Year 2012 Results 27 February 2013 Forward looking statements Certain statements contained in this report that are not statements of historical fact constitute forward-looking statements, notwithstanding
More information