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"title": "Q1 2024 H.B. Fuller Company Earnings Call Transcript",
"description": "Mar 28, 2024 / 02:30PM GMTOperator Good day. My name is Ellie, and I will be your conference operator today. At this time, I would like to welcome everyone to H",
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"highlight": "At this time, I would like to welcome everyone to <em>H.B</em>. <em>Fuller</em> First Quarter Earnings Conference Call. (Operator Instructions) Thank you.\n\n\n\nSteven Brazones, you may now begin the conference.\n\n\n\nSteven E. Brazones - <em>H.B</em>. <em>Fuller</em> <em>Company</em> - VP of IR\n\n\n\nThank you, operator. Welcome to H.B. Fuller's First Quarter 2024 Investor Conference Call.",
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"highlight": "<em>Fuller</em> <em>Company</em> (<em>NYSE:FUL</em>) Q1 2024 Earnings Conference Call March 28, 2024 10:30 AM ET\n\nCompany Participants\n\nSteven Brazones - Vice President, Investor Relations\n\nCeleste Mastin - President & Chief Executive Officer\n\nJohn Corkrean - Executive Vice President & Chief Financial Officer\n\nConference Call Participants\n\nGhansham Panjabi - Baird\n\nKevin McCarthy",
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"highlight": "At this time, I would like to welcome everyone to <em>H.B</em>. <em>Fuller</em> First Quarter Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker’s remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.\n\nSteven Brazones, you may now begin the conference.",
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"highlight": "Next month, we will be launching the inaugural <em>H.B</em>. <em>Fuller</em> Customer Innovation Awards. We are proud to publicly recognize the most outstanding customer innovations during the previous year that were enabled by our adhesive technology.\n\nWe look forward to celebrating with these customers and continuing to innovate to support their objectives.",
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"highlight": "And obviously you've seen significant margin expansion at <em>H.B</em>. <em>Fuller</em> through just price cost. And also your, restructuring and cost optimization initiatives et cetera.\n\nWe're seeing oil tick up a bit.",
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"highlight": "How are you sort of thinking about that dynamic for <em>H.B</em>. <em>Fuller</em> going forward as it relates to the upstream inflation pulse if you will?\n\nCeleste Mastin\n\nYeah. We've seen those same things Ghansham. But again, we experienced this, a lot differently in our business. So remember that 87% of our raw material spend is specialty chemicals.",
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