September 2026 — page 6
Alliance Entertainment Gross Margin Expands 80 Basis Points to 13.3%
The entertainment commerce platform posted fiscal 2026 net revenues of $1.149 billion, up 8% from a year earlier.
Adobe Posts Record $6.76 Billion Quarterly Revenue
The software company lifted full-year fiscal 2026 revenue targets to $26.576 billion to $26.626 billion after a third-quarter beat.
Modine to Combine Performance Technologies With Gentherm
The Reverse Morris Trust deal is expected to close October 1, 2026, creating a scaled thermal-management company with Modine shareholders owning 40%.
ConnectOne Bancorp to Buy First Community Bank for $1.05 Billion
The Southeast regional lender will pay $10.50 a share in cash and stock, a 25% premium to First Community’s September 9 close.
Axogen to Buy BioCircuit Technologies in $200 Million Cash Deal
The peripheral-nerve-repair company said the purchase of NerveTape, the first FDA-approved sutureless repair device, will broaden its addressable market.
Arrow Financial to Acquire Skene Valley Agency
The Glens Falls bank holding company said the deal will expand Upstate Agency’s insurance operations in Washington County.
Copart to Buy ACV in $1.9 Billion Cash Deal
The online vehicle-auction operator will pay $10.50 a share to add a digital dealer-to-dealer wholesale platform and close by year-end 2026.
Descartes Systems Group Reports Record Second Quarter Revenues
The logistics software provider saw second-quarter revenues rise 12% to $201.1 million.
Scale Meets Its Integration Test
Bank mergers are lifting balance sheets for a concentrated group of lenders, but the lasting payoff depends on deposits, operating leverage, credit discipline and tangible capital.
Wealthfront Revenue Growth Slows to 1% as Cash Assets Fall
The tech-driven financial platform posted $91.9 million of quarterly revenue and said Total Platform Assets passed $100 billion at the end of August.
Sunbelt Rentals Lifts Fiscal 2027 Revenue Outlook to 6%–9%
Rental revenue rose 12.5% to a record $2,927 million in the fiscal first quarter ended July 31, 2026.
RH Raises Full-Year Outlook After Estates Launch
GAAP net revenues were $922.2 million in the quarter ended August 1, 2026, up 2.6% from a year earlier and 4.2 points faster than the first quarter.
Navan Lifts Fiscal 2027 Revenue Outlook to $933 Million
The travel platform posted $233 million of second-quarter revenue and raised full-year non-GAAP operating income to $82 million to $86 million.
Gloo Lifts Fiscal 2026 Revenue Outlook to $200 Million
The faith-technology platform posted $46.6 million of second-quarter sales, 188% above a year earlier, and said it expects Adjusted EBITDA profitability in the fourth quarter.
National Beverage's Gross Margin Falls to 35.0% on Aluminum Costs
Net sales were $330.7 million in the first quarter of fiscal 2027 as a 7.1% price increase offset a 6.4% drop in case volume.
Sysco to Buy Jetro Restaurant Depot
The foodservice distributor said the deal would create a preeminent multi-channel foodservice distribution platform.
Plains All American Completes 100% Stake in EPIC Crude
The pipeline operator now owns the full EPIC Crude Holdings system and serves as operator of record of the Cactus III Pipeline.
NorthWestern Energy to Merge with Black Hills in All-Stock Deal
The combination of two Midwest utilities is structured as a merger of equals that would create a parent named Bright Horizon Energy.
Enbridge to Buy Tallgrass Energy in $2.55 Billion Cash Deal
The Canadian energy company said the purchase links Bakken, Powder River Basin and Denver-Julesburg crude through Cushing and complements its Express-Platte system.
Centerspace to Merge With Independence Realty Trust in $8.1 Billion Deal
The all-stock combination of two middle-market apartment REITs is expected to be about 5% accretive to 2027 Core FFO per share on a leverage-neutral basis.
Agnico Eagle to Buy Vizsla Copper in C$32 Million Asset Deal
The gold producer is taking Common Shares and Warrants as part of a stated push into high-geological-potential copper positions.
Analog Devices to Buy Alif Semiconductor in $1.35 Billion Cash Deal
The analog chipmaker said the purchase accelerates its “Physical Intelligence” push, pairing Alif’s digital processing with ADI’s sensing, power, and connectivity stack.
Alcoa to Buy South32 Assets in $4.1 Billion Deal
The aluminum producer will take Worsley Alumina, Hillside Aluminum and Brazil operations for $3.1 billion in cash plus about 17 million shares.
SailPoint ARR Growth Slows to 25% After Two Faster Quarters
The identity-security vendor posted $1.231 billion of annual recurring revenue and $309 million of quarterly sales as remaining performance obligation reached $1.9 billion.
InnovAge Posts $9.8 Million Profit After Litigation Loss
The PACE operator reported $262.0 million of revenue in the three months ended June 30, 2026, and issued fiscal 2027 Adjusted EBITDA guidance of $105 million to $115 million.
Chewy Raises Full-Year Outlook After Strong Quarter
Net sales reached $3.33 billion, up 7.3%, and adjusted EBITDA margin hit 6.8% as Chewy lifted its full-year revenue and profitability outlook.
Casey’s Inside Same-Store Sales Slow to 3.2%
The convenience chain posted diluted earnings of $7.37 a share in the three months ended July 31, 2026, as fuel margin offset a 0.3% drop in same-store gallons.
Braze Revenue Growth Slowed to 26% From 30%
The customer-engagement platform posted $227.2 million of sales and $22.0 million of non-GAAP operating income in the fiscal second quarter.
Worthington Steel to Close Kloeckner Deal by January 2027
The metals processor said it is combining with Kloeckner to realize opportunities ahead in the metals-processing business.
WaFd to Buy EverBank Financial in $3.9 Billion Stock Deal
The Seattle-based lender said the all-stock combination is expected to be significantly accretive to earnings per share in 2027.
Solaris Energy Infrastructure to Buy Omega Foundation Services
The Houston power-infrastructure company said the deal adds specialized EPC and heavy civil construction to its full-cycle offering.
GE Aerospace to Buy Consolidated Precision Products for $11.75 Billion
The engine maker said the mixed-structure purchase of a casting supplier is meant to expand capacity across commercial engines, aftermarket and defense.
Franklin Electric Completes $350 Million Cat Pumps Deal
The pump maker closed a mixed cash-and-stock purchase that adds high-pressure technology and an industry-leading brand to its commercial and industrial flow control platform.
First Citizens Bank to Buy $5 Billion of BMO Deposits
The asset purchase adds $650 million in loans and extends the bank’s relationship-banking network nationwide.
Elemental Royalty to Close Vizsla Acquisition Soon
Antitrust approval clears the last regulatory hurdle for Elemental’s purchase of Vizsla’s Panuco silver-gold royalties.
Circle to Acquire Tazapay to Expand USDC Payouts
The stablecoin issuer said the deal will add 60-plus banking and fintech partners and 100-plus payout markets to its ecosystem.
Chime to Buy Stride Bank in $590 Million Cash Deal
The digital bank said the national charter and Stride’s infrastructure will underpin an end-to-end platform built for the AI era.
Sonida's Labor Costs Jump 26.6% as Wage Language Spreads
Sonida Senior Living put a dollar figure on labor inflation that most peers still describe only in hedged, forward-looking terms.
ServiceTitan Raises Fiscal 2027 Profit Outlook
The trades software company lifted full-year non-GAAP operating income to $152 million–$154 million after $50.5 million of second-quarter free cash flow.
ABM Raises Fiscal 2026 Adjusted Earnings Outlook
The company now sees full-year adjusted EPS of $3.95 to $4.10 after a record $2.3 billion quarter and lifted free-cash-flow expectations to about $210 million.
Retailers and Software Firms Split on Buybacks
Abercrombie and Snowflake spent billions on repurchases while Best Buy, Dillard's, and Victoria's Secret paused or slowed.
SEC Pressed Stanley Black & Decker on Non-GAAP Charge Labels
Stanley Black & Decker revised how it describes and discloses years of supply-chain restructuring costs after SEC staff repeatedly challenged which charges belonged outside GAAP earnings.
SEC Pressed Cooper Companies on Non-GAAP Gross Profit, Tax Adjustment
A year-long comment-letter dialogue pushed Cooper Companies to defend and eventually narrow its non-GAAP presentations while adding new segment and disclosure detail.
SEC Presses Coeur Mining on Non-GAAP Adjustments at Rochester, Las
Staff pushed Coeur Mining through months of comment letters over inventory-related add-backs to Adjusted EBITDA, forcing new disclosure but no retreat on the underlying adjustments.
SEC Pressed Air Products on Tax-Rate Math, Uzbekistan Deal
Across letters spanning 2022 to 2026, the SEC pushed Air Products to reconcile a $695 million tax benefit and to justify treating a $1 billion Uzbekistan facility purchase as a loan rather than a sale.
Bad Boy Mowers to Buy Excel Industries in Asset Deal
Stanley Black & Decker said the sale refines its portfolio and concentrates resources on higher-growth opportunities.
SoundHound AI to Acquire LivePerson in All-Stock Deal
The voice-AI company said the combination pairs its agentic voice platform with LivePerson’s digital messaging to create an end-to-end omnichannel engagement stack.
Flex to Buy EPC Power in $4.4 Billion Deal
The electronics manufacturer said the purchase expands its Cloud and Power Infrastructure unit as data centers shift to 800V power architectures.
Lululemon Cuts Full-Year Sales Outlook to $10.35 Billion
The athletic-apparel maker now expects fiscal 2026 net revenue of $10.350 billion to $10.500 billion, a 5% to 7% decline.
Guidewire Revenue Growth Slowed to 15% in Fourth Quarter
The insurance-software platform posted $411.1 million of fourth-quarter revenue and guided first-quarter fiscal 2027 sales to $372 million to $378 million.