Zebra getting hammered not RFID related. UPS soaring on efficiency, total packages down but margins, healthcare etc. improving their outlook. Suggests they are happy with the role of RFID in their automation and efficiency.
Zebra call snip
Mike Steele, Vice President, Investor Relations, Zebra Technologies: Thank you, Nathan. I wanted to ask about RFID. You framed some of the recent success there.
Nathan Winters, Chief Financial Officer, Zebra Technologies: There’s been a pretty high profile announcement.
Mike Steele, Vice President, Investor Relations, Zebra Technologies: Recently in the fresh category from one of the Omnichannel leaders. I’m curious, are you able to comment if your business should benefit from that recent update or maybe if you’re not, anything you can do to comment on forward visibility on RFID? Are there things in your pipeline that are continuing to suggest some of those elevated growth rates? Thank you. Yeah, I’d say, Tommy, we clearly have seen strong double-digit growth rates on RFID over the past several years, and we continue to see a pipeline of opportunity across the entire supply chain, whether it’s across retail or now. TNL continues to deploy projects across RFID, manufacturing, government. I would say in retail we’re seeing, you know, grocery, as you said, fresh opportunities. In retail, beyond general merchandise opportunities into quick serve restaurants, into health care.
I would say the broader track and trace across supply chains, across multiple verticals all creates growth opportunities for us. As you know, we have the broadest set of RFID solutions in the market today across fixed and handheld readers, across new releases of our mobile computing devices that have RFID integrated within them, our printing portfolio, the labels associated with that. All of that allows us to continue to be excited about RFID and moving forward. Yes, I think things like Fresh and Grocery and others just create more and more demand for our solutions. I think the customers that have deployed solutions to date continue to see value and continue to expand the use cases that they’ve deployed already inside their environment. RFID I think continues to be a growth driver for us moving forward.
snip
Continued strength in RFID as we talked about the use cases there. Large and mid-tier customers and orders were up in North America. |
