As the pause in capital investments for many in the logistics market continues, we expect improving but still soft volumes in Q4 with this trend likely continuing into the first quarter or 2 of fiscal '27.

May 20, 2026 / receipt

OPEX was higher year and year due to investments in engineering, increases in wages, and some resumption of travel.

May 26, 2022 / receipt, needs a key / Andy, CFO | earnings call 2022-05-26 | transcript 685501b0-07cd-4295-840d-bf9c9fd6acbd | chars 20936-21051 | segment 21

On a sequential basis, our operating expenses were $6 million higher as we have hired engineers and also incurred higher selling expenses to support the revenue growth and some resumption of travel, but we're still slightly lower as a percentage of revenue.

Feb 10, 2022 / receipt, needs a key / David Schaefer, CEO | earnings call 2022-02-10 | transcript 8d8218dd-9ce3-4421-96eb-009ee58e6644 | chars 20212-20469 | segment 20

One thing I've really pressed my three key line of business leaders on is operating expense. I think COVID really showed these work from home initiatives that we can do things a lot cheaper than we've done historically in terms of travel, entertainment, things in those areas. So there's certainly places to tighten up But in general, I would say most of the assumptions that we see about margin improvement, product rotations, restructuring costs is all reflected in the model.

Feb 11, 2021 / receipt, needs a key / Mike, CFO | earnings call 2021-02-11 | transcript 08ebb0c4-400f-43fa-8c5e-c955da2bb4f2 | chars 29072-29550 | segment 29

Operations pushed extensive cost reduction actions in all areas with a combination of furloughs, wage and salary freezes, short-time work, vacation, spend reductions, and other measures, In addition to the cost savings on travel and entertainment coming from the lockdown, SG&A costs were down $10 million, or 8%, and remained constant with the prior year's percentage of sales.

Aug 13, 2020 / receipt, needs a key / David Schaefer, CEO | earnings call 2020-08-13 | transcript 2a2d3333-d32a-410a-bd04-3b8da6c6c9ff | chars 4227-4605 | segment 4

But I guess the two things I would tell you that have kind of been a big mover is the travel restrictions and not having collectively, out of our 13,000 employees, there's probably about 1,000 of them that tend to move and get on airplanes. And if none of them are traveling, it does have a collective impact and lowers your spend.

Aug 13, 2020 / receipt, needs a key / Mike, CEO | earnings call 2020-08-13 | transcript 2a2d3333-d32a-410a-bd04-3b8da6c6c9ff | chars 37772-38103 | segment 39

Second quarterly progress on net price / mix cost recapture

ir_statement / Sep 16, 2026 / receipt

EOS processes operational at all production sites with ~$30M / pa savings

ir_statement / Sep 16, 2026 / receipt

FY’23 Capex ~$100M

ir_statement / Sep 16, 2026 / receipt

Lean & footprint rationalization

ir_statement / Sep 16, 2026 / receipt

Op Ex growing slower than volume

ir_statement / Sep 16, 2026 / receipt

Continued progress on transformation initiatives

ir_statement / Sep 16, 2026 / receipt

Labor and supply shortages pressuring margins

ir_statement / Sep 16, 2026 / receipt

Ongoing price increases offsetting persisting inflation

ir_statement / Sep 16, 2026 / receipt

Operating Efficiencies - reduce costs through EOS

ir_statement / Sep 16, 2026 / receipt

Profitable Growth - retain leading market position & grow share through expansion of technologically advanced products and increased TPPL capacity

ir_statement / Sep 16, 2026 / receipt

Redesign - redesign products for component supply constraints (e.g., chips)

ir_statement / Sep 16, 2026 / receipt

Operational efficiencies offsetting headwinds

ir_statement / Sep 16, 2026 / receipt