Yeah, I think, you know, we're very excited about the proposed increased stringency among the CARB program, you know, going from 20% in 2030 to a reduction of 30%. As you know, as you look at what CARB's model that sells, you know, in 24, I think they're around 110 per metric ton, and then going in 2026 to the 200,000 are meeting the cap. and then beyond that further. So I think that that's very positive in terms of credit prices. I think that it's very positive in terms of green premiums for us, and obviously we're very supportive of that. You know, there was another thing that CARB also proposed that I think that we're really excited about, and that's the LCFS obligation for intrastate flights. You know, I think that that would really support our SAF market, And when we come online in 2025, provide just additional demand, et cetera, from that program. And I believe that the jet market there is about 400 to 425 million gallons. So we're excited about both of those things. And I think that that's only good news for DGD and Darling.

Feb 28, 2023 / receipt, needs a key / Matthew Blair, other | earnings call 2023-02-28 | transcript 2b904114-4351-4328-b78a-b3dd792292bf | chars 39823-40870 | segment 40

And, you know, at the end of the day, you know, as John was reflecting back, a small portion or a third of Darling went to Basically, one and two have moved up to a little over half now, and with Valley and FASA, it's probably going to move up more. Clearly, the numbers, the law of big here says it has to go there. It'll be the best market. Now, keep in mind, it's an arm's length relationship, and the procurement teams are obligated to maximize profits, and profits are defined as both output, price, and quality. And so end of the day, you know, there's always going to be arbitrage opportunities. That's what we love about the business for some of our products. And many of the valley production was being exported. That's now being redirected into there. They weren't set up to load rail cars. So when I made my comments about operational challenges and efficiencies, that's what I'm talking about. And, you know, it was easy to send a truck to a tank terminal in Norfolk, and now you've got to load a rail car. That'll all happen over time. and that'll put more and more of Darling's product in here. I mean, we're not fearful at all of originating to support number three here. The team's been traveling the world, you know, and as John's always said, the moat around the business is that we can procure domestically and internationally with the ease. And so at the end of the day, you'll see probably a lot more come in on the water to us than in the past, and that'll help regulate things.

Aug 10, 2022 / receipt, needs a key / Randy, CEO | earnings call 2022-08-10 | transcript 4c4ee933-4310-42e8-b845-6f70184a2e2c | chars 39163-40663 | segment 40

The main causes for the higher cost in the quarter compared to a year ago are related to labor, travel, and other.

Nov 10, 2021 / receipt, needs a key / Brad, CFO | earnings call 2021-11-10 | transcript c4eb6091-08b5-49ad-8ecb-d79171100a84 | chars 2561-2675 | segment 2

The main drivers for the higher cost in the quarter were related to FX, travel, and insurance increases.

Aug 11, 2021 / receipt, needs a key / Brad Phillips, CFO | earnings call 2021-08-11 | transcript 9c3b7fce-e3ce-445c-b0b1-102d9e4dee5d | chars 5478-5582 | segment 5

As travel increases, we are seeing energy prices go higher as ultra-low sulfur diesel is trading above $2 a gallon in a NYMEX spot for the first time in a couple years.

May 12, 2021 / receipt, needs a key / Randy, CEO | earnings call 2021-05-12 | transcript 3179f825-80d1-4ae7-93b1-e3ebcdac9d99 | chars 3598-3766 | segment 3

And then on the flip side, we've obviously had a travel offsetting that with travel down and the stock awards expenses down versus last year just to a the difference in the plan and the cadence of that.

May 12, 2021 / receipt, needs a key / Brad, CFO | earnings call 2021-05-12 | transcript 3179f825-80d1-4ae7-93b1-e3ebcdac9d99 | chars 49127-49329 | segment 50

SG&A increased $20 million in fiscal 2020 as compared to fiscal 2019, primarily due to increases in insurance premiums, labor costs, COVID-related costs, and foreign currency effect, which were partially offset by lower travel costs.

Mar 3, 2021 / receipt, needs a key / Brad Phillips, CFO | earnings call 2021-03-03 | transcript c95afaa4-b379-4d8d-bd0d-6417c6ea7e32 | chars 9929-10162 | segment 10

SG&A expense was higher by $6.4 million in the quarter, partially attributable to the higher cost related to COVID-19, certain insurance increases as we recently renewed our coverages across the business, and higher benefits, more than offsetting lower travel costs.

Nov 4, 2020 / receipt, needs a key / Brad Phillips, CFO | earnings call 2020-11-04 | transcript 3c3d6a81-34a8-44b4-b1cb-c03c380129c7 | chars 7328-7594 | segment 6

The culture that we've built in the company over my tenure was very hands-on, very visit-oriented, lots of travel, lots of engagement. We're learning to use a lot of video and a lot of phone to accomplish what we need to.

May 7, 2020 / receipt, needs a key / John Bullock, CEO | earnings call 2020-05-07 | transcript 38316bfa-89b2-4d92-8a88-378a5534cefe | chars 45932-46153 | segment 47

Q2 results include ~$18 million in IEEPA tariff recovery, which is net of expected customer refunds

ir_statement / Sep 15, 2026 / receipt

Restructuring and asset impairment charges 3,933

ir_statement / Sep 15, 2026 / receipt

Year-over-year SG&A changes primarily relate to incentive compensation.

ir_statement / Sep 14, 2026 / receipt

Gross margins expanded, driven by favorable mix and improved pricing

ir_statement / Sep 14, 2026 / receipt

Restructuring and asset impairment charges

ir_statement / Sep 14, 2026 / receipt

Signed non-binding term sheet with Tessenderlo Group to form Nextida, a new global leader in collagen and gelatin, creating new platform for unlocking value

ir_statement / Sep 7, 2026 / receipt

• Consistent quarter-over-quarter sales, with year-over-year growth reflecting increased demand for collagen

ir_statement / Sep 7, 2026 / receipt

• Tariff-related volume softness late in the quarter, but impact was offset by strong cost management, stable demand and growth in other areas

ir_statement / Sep 7, 2026 / receipt

Continued focus on operational excellence, effective cost cutting and spread management.

ir_statement / Sep 6, 2026 / receipt

Raw material procurement adjustments beginning to show in improved margins.

ir_statement / Sep 6, 2026 / receipt

Gross margin improvement attributed to focus on raw material procurement.

ir_statement / Sep 6, 2026 / receipt

Late October, launching Nextida.GC, a natural collagen solution for managing glucose metabolism.

ir_statement / Sep 6, 2026 / receipt