Doing it our way now: the approach this company pioneered is becoming the market's way
The model's full reasoning — Q4 2021 call → NOWe need to determine if management describes that their way of doing things is being adopted, copied, or moved toward by others in the market, and that this is validating their position. Scan the transcript for relevant statements. Management talks about their science, CERP program, patents, partnerships. They mention that they are pioneers, have many patents, etc. But do they say others are following their lead? They mention that they have a large share of publications, but not that others are adopting their approach. They talk about partners like Nestle, H&H, etc., but those are partnerships, not copying. They mention that they are the leader in NAD+ market, but that's a claim. They mention that they have a patent that makes it difficult for others to manufacture, but that's about protection, not adoption. Look for any statement about competitors or others moving toward their way. There is a mention of "a far less sufficient and NAD precursor with much less science than Niagen" in China, but that's about competitors having inferior products, not adopting their approach. They talk about their CERP program being innovative, but not that others are copying it. The question asks: does management describe that others are now following the company's lead? I don't see any concrete example of competitors or new entrants launching products that follow the company's model. They mention that they have a new product launch, but that's their own. They mention that they are the leader, but no imitation described. Thus, answer NO.
| Ticker | Company | Call | Date | Call grade |
|---|---|---|---|---|
| AES | The AES Corporation | Q1 2024 | 2024-05-03 | C+ |
| GGR | Gogoro Inc. | Q1 2023 | 2023-05-11 | D |
| TGT | Target Corporation | Q4 2022 | 2023-02-28 | C |
| ORAN | Orange SA | Q2 2018 | 2018-07-26 | B |
| USFD | US Foods Holding Corp. | Q1 2018 | 2018-05-12 | C |
| SHOO | Steven Madden, Ltd. | Q1 2017 | 2017-04-21 | C |
AES · Q1 2024 → YESThe question is: Does management describe that the WAY THIS COMPANY DOES THINGS is NOW BEING ADOPTED, COPIED, OR MOVED TOWARD BY OTHERS IN ITS MARKET, so that the company's own way of doing things is ...
GGR · Q1 2023 → YESThe question is: Does management describe that the way this company does things is now being adopted, copied, or moved toward by others in its market?
TGT · Q4 2022 → YESThe question is: Does management describe that the way this company does things is now being adopted, copied, or moved toward by others in its market?