Analyst
Evercore
Equibles does not estimate personal net worth.
Michael Binetti is recorded as Analyst at Evercore. Michael Binetti has spoken on 5 earnings calls across 4 companies, most recently for V F Corp on July 29, 2026. Those appearances were for Ralph Lauren Corp (RL), V F Corp (VFC), Ulta Beauty, Inc. (ULTA) and Revolve Group, Inc. (RVLV). The companies whose calls Michael Binetti spoke on are classified in the Consumer Cyclical sector.
“Let me add my congrats to Abichak and Paul. Really appreciate the time, Paul. Good luck on your next adventure. Let me ask you on vans. Maybe in Europe, I'll just ask a near-term question here.”
“Oh, hey guys, thanks for taking our question. Sorry to ask again about the near-term stuff. I think the stocks have been a little sensitive to it with the macro that you guys have commented on here, but I think it's a high single-digit stack would put second quarter in the maybe one and a half to two and a half range.”
“Let me ask you, like Patrice, category expansion. You know, you mentioned the focus categories grew 20% in the quarter and in the year.”
“I guess this is the first quarter we haven't talked about returns in a while. It looked pretty stable year-over-year, but it was increasing in third quarter. So it seems – I'm sure there's more noise in it than just stable year-over-year.”
“So on the AUR, let's look at a few metrics here. The global AUR growth rate has been very, very close to the DTC same-store sales growth rate for a while here, implying flattish units in the first half, something near that.”
Evercore
Analyst
Transcript header (unverified)
Apparel Manufacturing · Consumer Cyclical
VFC
Apparel Manufacturing · Consumer Cyclical
ULTA
Specialty Retail · Consumer Cyclical
RVLV
Internet Retail · Consumer Cyclical
