K-Bro Linen Inc Q2 2023 Earnings Call Transcript - Thomson StreetEvents

K-Bro Linen Inc Q2 2023 Earnings Call Transcript

K-Bro Linen Inc Q2 2023 Earnings Call Transcript - Thomson StreetEvents
K-Bro Linen Inc Q2 2023 Earnings Call Transcript
Published Aug 09, 2023
Published Aug 09, 2023
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Abstract:

Edited Transcript of KBL.TO earnings conference call or presentation 9-Aug-23 1:00pm GMT

  
Report Type:

Transcript

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Company:
Ticker
KBL.TO
Time
1:00pm GMT
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Endri Leno - National Bank Financial, Inc., Research Division - Analyst : Congrats on the good quarter. The question I have, it's more a little bit on the pricing, but I was wondering Linda or Kristie, or both, if you can talk a little bit about how much more of the pricing is left to do if there's any? And margin improvements for the balance of the year, where do you expect most of these to come from, pricing, labor efficiencies, volumes, et cetera?


Question: Endri Leno - National Bank Financial, Inc., Research Division - Analyst : Okay. Great. And the other question I have, I mean, it's just kind of looking at the 2 countries, Canada and the U.K., I would say U.K. performed better than Canada, even accounting for size differences. So I was wondering if you can talk a little bit about what drove this relative outperformance in the U.K., and then if you can compare and contrast the 2 regions?


Question: Endri Leno - National Bank Financial, Inc., Research Division - Analyst : Great. And I'll ask one more and I'll jump in the queue. I have a few more. But if you can talk a little bit about the working capital outflow in the quarter? I think it was more receivables, but if you can talk a little bit about it? And when do you expect it to revert?


Question: Endri Leno - National Bank Financial, Inc., Research Division - Analyst : Thanks again. I didn't think I'd get my turn so quickly. But I was wondering -- I mean to the extent that you can talk about it, obviously, Linda, but in terms of transactions, the opportunities, where do you see them? Is it more of a Canada? Is it more of a U.K.? What kind of volume mix and sizes, if you can, I mean, obviously, to the extent you can disclose these things?


Question: Endri Leno - National Bank Financial, Inc., Research Division - Analyst : My other question, it's a bit longer-term looking, so perhaps a bit harder to answer. But assuming we get back to the 2019 levels in the second half, no problem, right? Where do you see the margin situation beyond that? Is that a good level, generally speaking to being? Or is there any room for further improvements? And where could that -- those further improvements come from, potentially?


Question: Endri Leno - National Bank Financial, Inc., Research Division - Analyst : Okay. Okay. Great. And the last one for me, foreign labor, you mentioned you're having some success with that. Are you able to talk a little bit about how much of that is in, how much more do you expect? And then as they kind of, again, like looking into the future, which we don't know, but I mean it's worth an ask. I mean, there are reports out there that there is a structural labor shortages in advanced economies. Like are you comfortable, for example, having forward label as a more permanent solution to your ops?

Table Of Contents

K-Bro Linen Inc Q4 2024 Earnings Call Transcript – 2025-03-21 – US$ 54.00 – Edited Transcript of KBL.TO earnings conference call or presentation 21-Mar-25 1:00pm GMT

K-Bro Linen Inc Q3 2024 Earnings Call Transcript – 2024-11-14 – US$ 54.00 – Edited Transcript of KBL.TO earnings conference call or presentation 14-Nov-24 2:00pm GMT

K-Bro Linen Inc Q2 2024 Earnings Call Transcript – 2024-08-07 – US$ 54.00 – Edited Transcript of KBL.TO earnings conference call or presentation 7-Aug-24 1:00pm GMT

K-Bro Linen Inc Q4 2023 Earnings Call Transcript – 2024-03-22 – US$ 54.00 – Edited Transcript of KBL.TO earnings conference call or presentation 22-Mar-24 1:00pm GMT

K-Bro Linen Inc Q3 2023 Earnings Call Transcript – 2023-11-10 – US$ 54.00 – Edited Transcript of KBL.TO earnings conference call or presentation 10-Nov-23 2:00pm GMT

K-Bro Linen Inc Annual Shareholders Meeting Transcript – 2023-06-07 – US$ 54.00 – Edited Transcript of KBL.TO shareholder or annual meeting 7-Jun-23 3:00pm GMT

K-Bro Linen Inc Q1 2023 Earnings Call Transcript – 2023-05-16 – US$ 54.00 – Edited Transcript of KBL.TO earnings conference call or presentation 16-May-23 12:00pm GMT

K-Bro Linen Inc Q4 2022 Earnings Call Transcript – 2023-03-22 – US$ 54.00 – Edited Transcript of KBL.TO earnings conference call or presentation 22-Mar-23 1:00pm GMT

K-Bro Linen Inc Q3 2022 Earnings Call Transcript – 2022-11-10 – US$ 54.00 – Edited Transcript of KBL.TO earnings conference call or presentation 10-Nov-22 1:00pm GMT

K-Bro Linen Inc Q2 2022 Earnings Call Transcript – 2022-08-09 – US$ 54.00 – Edited Transcript of KBL.TO earnings conference call or presentation 9-Aug-22 1:00pm GMT

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Thomson StreetEvents. "K-Bro Linen Inc Q2 2023 Earnings Call Transcript" Aug 09, 2023. Alacra Store. May 09, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2023-K-Bro-Linen-Inc-Earnings-Call-T15671281>
  
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Thomson StreetEvents. (2023). K-Bro Linen Inc Q2 2023 Earnings Call Transcript Aug 09, 2023. New York, NY: Alacra Store. Retrieved May 09, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2023-K-Bro-Linen-Inc-Earnings-Call-T15671281>
  
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