Boxer Retail Limited (BOX) Earnings Call Transcripts

Boxer Retail Limited's Latest Earnings Call - Q1 FY2027

Box, Inc. reported a strong first quarter for fiscal year 2027, achieving revenue of $306 million, up 11% year-over-year, marking the first double-digit growth in over 12 quarters. The company exceeded guidance across all metrics, with operating margins expanding to 28% and EPS of $0.37. Management raised full-year revenue guidance by $5 million to approximately $1.28 billion, reflecting continued momentum driven by the adoption of Enterprise Advanced solutions and a robust pipeline of bookings.

Reported metrics

Guidance from management

Management raised FY '27 revenue guidance to approximately $1.28 billion, reflecting a 9% year-over-year growth. Q2 revenue is expected to be around $319 million, with a low double-digit billings growth forecasted.

What management said

Yes. So really -- so we -- on an as-reported basis, maintained our operating margin expectations of 28% but on a constant currency basis, up about 20 basis points, so absorbing and offsetting that FX headwind because of the efficiencies that we're driving. And there's no single item that is driving that increase, really just continuing to drive efficiencies across the business. And as we continue to see that healthy...

No. So we saw pretty consistent trends and healthy execution and demand in most of the markets that we operate in globally, and that holds true for continued strength and consistent strong performance in the commercial business really globally as well. So that's been one of the bright spots and drivers of some of the green shoots we're seeing in EMEA. But then our U.S. commercial business and our Japan commercial bu...

What analysts pressed on

Analysts expressed concerns regarding the sustainability of the double-digit growth and potential impacts from FX headwinds. There were questions about the pace of AI adoption among customers and how it might affect future revenue growth.

Main topics on the call

• Double-Digit Revenue Growth — Box achieved an 11% year-over-year revenue growth, the first double-digit growth in over three years. CEO Aaron Levie noted, "We had a very strong start to FY '27, reflecting continued adoption of our intelligent workflo...
• Enterprise Advanced Adoption — The Enterprise Advanced solution saw increased adoption, contributing to a net retention rate of 105%, above the overall average. Levie stated, "Enterprise customers are increasingly adopting Enterprise Advanced, which b...
• Billings Growth and Guidance — Billings grew 5% year-over-year, with management guiding for low double-digit growth in Q2. CFO Dylan Smith indicated, "We expect Q2 billings growth to land in the low double digits, which includes an expected tailwind f...
• Strong Cash Flow Generation — Box generated record free cash flow of $128 million, reflecting operational efficiency. Smith highlighted, "We ended Q1 with $479 million in cash, cash equivalents, restricted cash and short-term investments."

Read the full Boxer Retail Limited transcript (Q1 FY2027) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 54 Boxer Retail Limited earnings call transcripts on record, spanning February 26, 2020 to July 28, 2026. Based on this history, Boxer Retail Limited reports quarterly. The most recent call on file is dated July 28, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

BOX

Exchange

JSE

Country

ZA

Sector

Consumer Staples

Industry

Consumer Staples Distribution and Retail

Calls on record

54

First call

February 26, 2020

Most recent

July 28, 2026

Reporting cadence

quarterly