Start 30 days free, no card. Full Pro access for a month, then decide. Start free
Analyst
John Dunigan
Period: Reporting periods mapped to calendar 2025 Q1 – 2026 Q2 (6 quarters).
- Questions
- 9on tracked calls
- Challenge rate
- 11%1 of 9 questionsLimited sample
- Companies
- 2questioned at least once
- Reporting periods
- 6with questions
These figures cover the whole profile: every tracked question, all reporting periods.
How to read these numbers
Challenge rate is the share of questions that pushed back, pressed for specifics or questioned management’s assumptions. It describes how questions were asked on the calls tracked here; it does not measure whether any view turned out to be right.
Rounding. Rates are rounded to whole percentages, so a small share can show as 0% even when some questions were challenging. The count beside each rate is exact; “none of N questions” means no question was challenging.
No questions recorded. “—” means there is nothing to calculate: no questions were recorded for that period on the calls tracked here. It does not mean there was no activity.
Fewer than 3 questions. A company-level rate is withheld when fewer than 3 questions were recorded for that company; the questions are still counted everywhere else.
Small samples. Profiles with fewer than 10 questions are marked Limited sample.
Reporting periods. Questions are grouped by the calendar quarter each company’s fiscal reporting period maps to, not by the date of the call. Periods without a calendar mapping are listed separately under their fiscal label.
Questions asked
Grouped by company, most questions first. Open a company to read its questions, newest reporting period first.
Showing 9 of 9 questions from 2 companies
AVYAvery Dennison6 questions · 6 reporting periods · 1 of 6 challenging
Calendar 2026 Q2
And has it progressed into Q3? Or are you already seeing some of that destocking?
Show response
Lovins traced the stocking month by month, confirmed early-July destocking signs, and confirmed the $0.50 sequential swing; none of it touched Solutions.
Calendar 2026 Q1
you talked about the headwind from the logistics share gains that you had last year, but I think you mentioned that you did not really see any of that giveback in Q1
Show response
CEO declined to forecast full-year logistics but planning for normalization. Offsetting with expanded pilots at other logistics providers. Biggest IL driver in 2026 will be Walmart food rollout in H2. Inditex loss prevention expanding to a second customer in footwear.
Calendar 2025 Q4
is there an ability to drive inventories lower to better match the current demand environment?
Show response
CFO explained HVC and emerging market mix driving structural working capital intensity, offset by productivity. CapEx increase from $230M (including cloud) to $260M reflects recovery from 2025 pullback for productivity and future capacity.
Calendar 2025 Q3
the collaboration, when when will that start flowing through? Is that more of a 2026 event?
Show response
CEO confirmed Walmart rollout begins small in Q4, ramps through 2026-2027. Embelex World Cup prep mostly in Q3, long-term mid to high single-digit growth.
Calendar 2025 Q2
is this the type of business that will be pretty reliant on these larger, maybe global types of sporting events?
Show response
CEO broke Embelex into three buckets: performance brands, team sports/stadiums, and episodic events. Vestcom CVS rollout going well, drugstore peer Chapter 11 had small negative impact.
Calendar 2025 Q1
it does not seem like you guys are considering every logistics exposure as maybe a bit more cyclical. In the current environment.
Show response
CEO explained IL logistics volumes are contractually aligned with key customer for 2025; CFO noted materials business has been stable through past recessions.
BALLBall Corporation3 questions · 2 reporting periods · 0 of 3 challenging
Calendar 2026 Q2
we've had a couple of capacity announcements in India. I know you guys have some capacity there.
Show response
Dunigan (for Phil Ng) asked about India capacity and competition; Lewis called India a land of opportunity with teens-plus can growth for years.
Calendar 2026 Q1
The comparable EMEA earnings came in quite a bit better than we expected. It sounded like Benepack wasn't much of a contributor
Show response
Rabbitt attributed EMEA outperformance to core operational improvement and profit-per-can focus. India and Myanmar plants now in segment showing growth and operating leverage. Benepack and UAC largely neutralized each other. FX contributed about $15M at enterprise level.
you could just quantify how much the FX supported earnings in 1Q
Show response
Rabbitt quantified ~$15M enterprise FX benefit primarily from euro appreciation. Lewis noted less than half of EMEA operating earnings gain was FX-related. Corporate undistributed cost increase to $175M reflects segment reporting changes moving financing items to corporate.
Challenge rate by company
Every company this analyst questioned, most questions first. A company-level rate is shown from 3 questions; below that it is withheld.
| Company | Questions | Challenge rate |
|---|---|---|
| AVY Avery Dennison | 6 | 17%1 of 6 questions |
| BALL Ball Corporation | 3 | 0%none of 3 questions |
Activity by reporting period
Questions recorded for each calendar quarter that companies’ reporting periods map to (not the call date), with the challenge rate for that period. Periods inside the range with no questions are shown as “No questions recorded”.
| Calendar period | Questions | Challenge rate | Companies |
|---|---|---|---|
| 2025 Q1 | 1 | 100%1 of 1 question | 1 |
| 2025 Q2 | 1 | 0%none of 1 question | 1 |
| 2025 Q3 | 1 | 0%none of 1 question | 1 |
| 2025 Q4 | 1 | 0%none of 1 question | 1 |
| 2026 Q1 | 3 | 0%none of 3 questions | 2 |
| 2026 Q2 | 2 | 0%none of 2 questions | 2 |
- 2025 Q11 question · challenge rate 100% (1 of 1 question) · 1 company
- 2025 Q21 question · challenge rate 0% (none of 1 question) · 1 company
- 2025 Q31 question · challenge rate 0% (none of 1 question) · 1 company
- 2025 Q41 question · challenge rate 0% (none of 1 question) · 1 company
- 2026 Q13 questions · challenge rate 0% (none of 3 questions) · 2 companies
- 2026 Q22 questions · challenge rate 0% (none of 2 questions) · 2 companies
Topics
Topics tagged on this analyst’s questions.
- Demand5
- Geographic Expansion2
- Margin2
- Cost Pressure2
- Inventory1
- Guidance Reliability1
- Competitive Dynamics1
- Capital Allocation1
- Innovation & R&D1
- Product Launch1
Show all 11 topics
- Supply Chain1