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Dauch Corporation (DCH) Q4 2025 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Dauch Corporation (DCH) Q4 2025 Earnings Call February 13, 2026 10:00 AM EST

Company Participants

David Lim – Head of Investor Relations
David Dauch – Chairman & CEO
Chris May – Executive VP & CFO

Conference Call Participants

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Joseph Spak – UBS Investment Bank, Research Division
Thomas Ito
Thomas Scholl – BNP Paribas, Research Division
Yan Dong – Deutsche Bank AG, Research Division
Itay Michaeli – TD Cowen, Research Division

Presentation

Operator

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Good morning. My name is Jamie, and I will be your conference facilitator today. At this time, I would like to welcome everyone to the Dauch Corporation Fourth Quarter 2025 Earnings Conference Call. [Operator Instructions] As a reminder, today’s event is being recorded.

I would now like to turn the floor over to Mr. David Lim, Head of Investor Relations. Please go ahead, Mr. Lim.

David Lim
Head of Investor Relations

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Thank you, and good morning. I’d like to welcome everyone who is joining us on Dauch Corporation’s fourth quarter earnings call. Earlier this morning, we released our fourth quarter of 2025 earnings announcement. You can access this announcement on the Investor Relations page of our website, www.dauch.com and through the PR Newswire services. You can also find supplemental slides for this conference call on the investor page of our website as well. To listen to the replay of this call, you can dial (855) 669-9658, replay access code 577-1070. This replay will be available through February 20.

As for the upcoming investor conferences, we’ll be at the JPMorgan 2026 Global Leverage Finance Conference on March 3, and we will also attend the Bank of America 2026 Global Automotive Summit on March 17. We look forward to seeing you there.

Now before we begin, I’d like to remind everyone that the matters discussed in this call today may contain comments and forward-looking statements

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Texas Gov Greg Abbott announces 5-point property tax reform plan

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Texas Gov Greg Abbott announces 5-point property tax reform plan

Texas Gov. Greg Abbott released a five-point plan to reform the Lone Star State’s property tax system to provide more relief to homeowners.

The Republican governor is making the property tax overhaul a key plank in the platform for his re-election campaign as he seeks a fourth term in office.

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Abbott announced the plan Wednesday during a Taxpayer Empowerment event in Houston and said the five-point plan would impose tougher limits on local government spending, while also implementing tighter caps on property appraisals. The plan aims to eventually eliminate school district property taxes on homeowners.

“Texas is the state that’s most on fire in the entire United States of America. If you look at our economy, we’re ranked No. 1 for jobs, No. 1 for economic development, No. 1 for doing business,” Abbott told Fox News Digital. “What our goal is is to make sure we continue to pass policies that keep Texas attractive, and that’s why today I talked about my reforms to make sure we slash property taxes in Texas.”

THESE STATES ARE CONSIDERING ELIMINATING PROPERTY TAXES FOR HOMEOWNERS

Gov. Greg Abbott speaks at press conference

Texas Gov. Greg Abbott rolled out a five-point plan for reforming Texas’ property tax system. (Brandon Bell/Getty Images)

The governor’s plan limits the spending growth of local governments to population growth plus inflation or 3.5%, whichever is lower, according to a report by FOX 7 Austin.

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Abbott’s proposal would also raise the bar for local property tax increases by requiring the approval of two-thirds of voters for all local property tax hikes before they can be enacted. That would replicate a supermajority requirement for some statewide property tax increases at the local level.

Voters would also have a say in scaling back property taxes that have been enacted, and one pillar of the governor’s five-point property tax plan would allow 15% of voters in a given jurisdiction to sign a petition that puts a rollback on the ballot.

THESE 10 STATES OFFER THE BIGGEST PROPERTY TAX SAVINGS FOR AMERICAN HOMEOWNERS

Neighborhood in Austin, Texas

Texas has seen a surge in Americans moving to the Lone Star State from other parts of the country, fueling home construction in areas like Austin. (Jordan Vonderhaar/Bloomberg via Getty Images)

The plan put forward by Abbott would also reform how appraisals are handled in Texas by requiring that properties undergo an appraisal once every five years instead of annually, which he thinks would make it easier for homeowners to predict their property taxes year-to-year.

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His proposal would lower the cap on homestead appraisal increases from 10% per year to 3%, while also applying appraisal caps to all properties, including rental and commercial properties. Under current law, homestead appraisal increases are limited to 10% a year.

WALL STREET’S TEXAS MOVE GAINS STEAM AS NYSE TEXAS HITS 100-COMPANY MILESTONE

Kyle Texas home construction

Abbott’s proposal would give voters a say in rolling back property taxes. (Jordan Vonderhaar/Bloomberg via Getty Images)

The fifth point in Abbott’s plan would allow voters to weigh in on a constitutional amendment that would eliminate school district property taxes for homeowners, and the state would fully fund public education, a move the governor said would cut property tax bills by half.

The governor plans to push his property tax plans through a statewide campaign as voters take their tax burdens into account ahead of this fall’s election, FOX 7 Austin reported.

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Fox News Digital’s Peter Pinedo contributed to this report.

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Sabra Health Care REIT, Inc. (SBRA) Q4 2025 Earnings Call Transcript

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Q4: 2026-02-12 Earnings Summary

EPS of $0.16 misses by $0.00

 | Revenue of $211.90M (16.21% Y/Y) beats by $9.94M

Sabra Health Care REIT, Inc. (SBRA) Q4 2025 Earnings Call February 13, 2026 2:00 PM EST

Company Participants

Lukas Hartwich – Executive Vice President of Finance
Rick Matros – Chairman, President & CEO
Darrin Smith – Chief Investment Officer, Secretary & Executive VP
Michael Costa – Executive VP, CFO & Treasurer

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Conference Call Participants

William John Kilichowski – Wells Fargo Securities, LLC, Research Division
Juan Sanabria – BMO Capital Markets Equity Research
Michael Goldsmith – UBS Investment Bank, Research Division
Austin Wurschmidt – KeyBanc Capital Markets Inc., Research Division
Seth Bergey – Citigroup Inc., Research Division
Michael Stroyeck – Green Street Advisors, LLC, Research Division
Farrell Granath – BofA Securities, Research Division
Alec Feygin – Robert W. Baird & Co. Incorporated, Research Division
Omotayo Okusanya – Deutsche Bank AG, Research Division
Richard Anderson – Cantor Fitzgerald & Co., Research Division

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Presentation

Operator

Good day, everyone. My name is Abby, and I will be your conference operator today. At this time, I would like to welcome everyone to the Sabra Fourth Quarter 2025 Earnings Call. [Operator Instructions]

I would now like to turn the call over to Lukas Hartwich, Executive Vice President of Finance. Please go ahead, Mr. Hartwich.

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Lukas Hartwich
Executive Vice President of Finance

Thank you, and good morning. Before we begin, I want to remind you that we will be making forward-looking statements in our comments and in response to your questions concerning our expectations regarding our future financial position and results of operations, including our earnings guidance for 2026 and our expectations regarding our tenants and operators, and our expectations regarding our acquisition, disposition and investment plans.

These forward-looking statements are based on management’s current expectations and are subject to risks and uncertainties that could cause actual results to differ materially, including the risks listed in our Form 10-K for the year ended December 31, 2025, as well as in

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Smoke detector alarms sold on Amazon recalled over potential fire hazard

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Smoke detector alarms sold on Amazon recalled over potential fire hazard

Thousands of smoke detector fire alarms sold exclusively on Amazon are being recalled over a sound issue that could pose a fire hazard.

The Consumer Product Safety Commission (CPSC) said in a notice that 11,000 LShome Photoelectric 3-Pack Smoke Detector Fire Alarms may fail to activate promptly if the sensing threshold of security warnings is set too high.

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The alarms are white and circular, and have a light sound warning and test button. They are operated by 9-volt batteries.

ENORMOUS GROUND BEEF RECALL ISSUED OVER DEADLY E. COLI CONTAMINATION RISK ACROSS THREE STATES

Smoke detectors outside of the box.

LShome Photoelectric 3-Pack Smoke Detector Fire Alarms are being recalled. (Consumer Product Safety Commission / Fox News)

The products were sold on Amazon from February 2024 through December 2025 and cost about $30, the CPSC said. The affected model number is XG-7D04-KZ9Z and the SKU number is CX-50YP-A5VN. Both are printed on the bottom side of the alarm.

Consumers should immediately stop using the product and can discard the smoke alarms in the trash, the agency said in the notice.

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THOUSANDS OF POPULAR PRODUCTS, INCLUDING DIET COKE, PRINGLES, RECALLED OVER RODENT CONTAMINATION CONCERNS

Ticker Security Last Change Change %
AMZN AMAZON.COM INC. 198.79 -0.81 -0.41%

No injuries or incidents associated with the recalled products have been reported, according to the CPSC.

A box of smoke detectors that is being recalled.

LShome Photoelectric 3-Pack Smoke Detector Fire Alarms are being recalled. (Consumer Product Safety Commission / Fox News)

The CPSC said consumers should contact lmm15957491237@163.com for instructions on how to receive a refund through Amazon.

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