PI at Evercore - 6/2/26
CFO in a Q&A format. I’ll touch on a few highlights and new info
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Very good discussion on the custom ASIC at UPS, discussing how they meet with them and giving a good example of a problem with authentication the ASIC was able to solve.
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WMT update - Phases 1 and 2 of the general merch. deployment still have some growth remaining. They expect Phase 3 to be announced this year, 2026. The perishable food deployment is at the multi-store pilot stage and they are waiting for a deployment announcement.
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The grocer that has a lot of private label items and is looking at full store tagging/self checkout has begun a single store pilot.
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Interesting tidbit on how a customer(I think a grocer) might do the actual self checkout, likely sending the items through a tunnel.
Cooters