Analyst
Melius Research
Equibles does not estimate personal net worth.
Jacob Aiken-Phillips is recorded as Analyst at Melius Research. Jacob Aiken-Phillips has spoken on 9 earnings calls across 7 companies, most recently for Dutch Bros Inc. on August 5, 2026. Those appearances were for US Foods Holding Corp. (USFD), Murphy USA Inc. (MUSA), Dutch Bros Inc. (BROS), Dominos Pizza Inc (DPZ), Caseys General Stores Inc (CASY) and 2 other companies. The companies whose calls Jacob Aiken-Phillips spoke on are classified in the Consumer Defensive and Consumer Cyclical sectors.
“So you described the order growth as profitable, and I understand the ticket mix, but you also cited franchisee profitability as one of the constraints to the development pipeline.”
“As you rolled it out more broadly, are you seeing that same incrementality across those markets as you did in the early test stores? And does it vary in any way by geography, store format, state park, et cetera?”
“So on the calm transition, I'm curious how we should think about seller productivity throughout the three-year, multi-year transition. Would you expect it to dip a little bit towards the beginning and then – but then be heightened afterwards? or should it be more neutral and then inquiring over time?”
“I just wanted to double-click on the larger format stores and some of the cost pressures. I think last year there was a dynamic where a lot of stores opened towards the end of the year or beginning of the year, and the winter storm in February exacerbated some of those cost pressures.”
Melius Research
Analyst
Source not stated
Food Distribution · Consumer Defensive
MUSA
Specialty Retail · Consumer Cyclical
BROS
Restaurants · Consumer Cyclical
Specialty Retail · Consumer Cyclical
KR
Grocery Stores · Consumer Defensive
