Dan Florness
๐ค SpeakerAppearances Over Time
Podcast Appearances
You certainly ask interesting questions.
Well, part of the reason our stock's down is it's priced to perfection.
If you look at what it's done, you know, year to date and where the multiple has gone.
But, you know, we had a really good quarter.
We had a double-digit quarter.
We hadn't seen that for a couple years.
Double-digit growth, sorry.
And pleased with the outcome.
One of the challenges we had this year was
There's a lot of fluidity around tariffs and what it means for pricing.
And we will raise price to address costs in our customer supply chain.
We really don't want to raise more than that because we believe it impairs our ability to grow as fast as we'd like.
And coming into the quarter, we estimated X for impact of pricing, came in a little bit less.
We lowered our number for the fourth quarter
But the most important aspect is on a price cost basis, we are neutral and that's what we aspire to be.
We'd rather just grow.
Customers always push back on pricing.
It doesn't matter the size customer.
We are having conversations with our customer.