Earnings — page 8
Walmart Lifts Outlook as Tariff Refunds Fuel Profit Surge
The retailer now expects adjusted earnings of $2.80 to $2.87 a share for the full year after second-quarter operating income jumped 28.8%.
TJX Profit Margins Widen as Marmaxx Comp Growth Stalls
TJX Companies posted a 24% jump in diluted earnings to $1.36 a share in the second quarter, aided by a one-time $331 million tariff refund even as comparable sales growth slowed to 4% from 6% in the prior quarter.
Target's Comparable Sales Growth Accelerates on Tariff-Refund Boosted Earnings
Target reported second-quarter earnings per share of $4.11, more than double the prior year, as a $994 million tariff refund and accelerating digital sales pushed the retailer to raise its full-year outlook.
Performance Food Group Swings Back to Profit Growth as Margins Widen
Performance Food Group (PFGC) reported fourth-quarter net income of $162.3 million, up 23.4% from a year earlier and a reversal from the prior quarter's 28.5% decline.
OSI Systems Posts Record Fourth-Quarter Non-GAAP Earnings
Non-GAAP diluted earnings reached a record $3.78 a share in the fiscal fourth quarter as revenue slipped 4% to $484.1 million.
Flowers Foods Cuts 2026 Sales Outlook After Volume Drop
Second-quarter net sales were $1.193 billion, and the company now expects fiscal 2026 sales of about $5.070 billion to $5.142 billion.
Deere Lifts Profit Outlook as Construction and Small-Farm Segments Offset Large-Ag Slump
The farm and construction equipment maker raised its full-year net income forecast to $4.75 billion to $5.00 billion after third-quarter earnings rose 7%.
Corteva raises full-year guidance as seed sales offset crop protection pricing
The agricultural company projected full-year operating EBITDA between $4.1 billion and $4.3 billion in a July update.
BILL Cuts Costs, Lifts Profit as Revenue Growth Set to Slow
The payments-software company posted $101.6 million in non-GAAP operating income for its fiscal fourth quarter, up 80% from a year earlier, even as it guided for revenue growth to decelerate in fiscal 2027.
Toll Brothers Profit Drops 24% as Deliveries Slide, Margins Shrink
The luxury homebuilder posted $280.1 million in net income as delivered volume fell 10% and adjusted gross margin narrowed for a third consecutive quarter.
Mercury Systems Bookings Nearly Double as Backlog Hits Record $1.9 Billion
Mercury Systems (MRCY) closed fiscal 2026 with fourth-quarter bookings of $660 million, up 93.1% from a year earlier, even as revenue growth slowed to 6.1%.
Keysight Orders Top $2 Billion Again as AI Test Demand Accelerates
The electronic-measurement company posted $1.85 billion in quarterly revenue, beating its own guidance by nearly $100 million.
Jack Henry's Fourth-Quarter Margin Contracts as Spending Outpaces Revenue
The financial-technology provider's GAAP operating margin fell 410 basis points in the quarter even as faster-payments revenue surged 47%.
Home Depot Sales Accelerate as Average Ticket Gains Offset Traffic
Net sales rose 5.7% to $47.9 billion in the second quarter of fiscal 2026.
Starfighters Impairs Aerovision Deposits and Sues Seller
The F-104 operator booked a $5.15 million deposit impairment and a $11.46 million net loss for the three months ended June 30, 2026.
Copart Brings Back Former CEO Adair as Revenue Growth Stalls
The vehicle auctioneer posted $1.2 billion in quarterly revenue, up 2.1%, as it reshuffled its leadership ranks.
Clean Energy Technologies' Gross Profit Collapses as China Gas Mix Shifts
Gross profit for the six months ended June 30, 2026 was $3,689, versus $635,535 a year earlier, as China natural gas filled the books and clean-energy system sales vanished.
HIVE Swings to $142.9 Million Loss on Swedish Tax Charge, Cash Jumps
HIVE Digital Technologies posted a $142.9 million net loss driven by an $84.7 million non-cash provision for contested Swedish VAT assessments, even as revenue rose 73.5% to $79.1 million.
Flexsteel's Year-Over-Year Sales Growth Slows to 0.7%
Fourth-quarter net sales were $115.4 million, the eleventh straight year-over-year gain, as IEEPA tariff refunds lifted gross margin to 30.0%.
Nasdaq Staff Moves to Delist CN Healthy Food Tech
Net income was $3.06 million, or $0.06 a share, after a $308,997 loss in the prior quarter.
Teamshares Reaffirms 2026 Pro Forma Adjusted EBITDA Target
The tech-enabled acquiror posted $148.7 million of second-quarter revenue and $9.5 million of net income, and said it has about $30 million of annual SME EBITDA under LOI against a $40 million acquired-EBITDA goal.
Sidus Space's Revenue Growth Reversed
Second-quarter revenue fell 54% to $583,000, reversing the growth Sidus Space had reported at the start of the year.
Sadot Completes TradeOS Integration After Zero-Revenue Quarter
The agri-food supply-chain company booked $35.2 million of net income, or $109.16 a share, after a $15.2 million loss in the prior quarter.
Perpetua Starts Critical-Path Work After Injunction Denial
U.S. EXIM approved a $2.9 billion loan, up from an approximately $2.7 billion proposal, as the company posted a $97.5 million net loss for the three months ended June 30, 2026.
Neumora Pulls NMRA-215 and NMRA-511 Clinical Starts Earlier
Cash and cash equivalents were $116.8 million as of June 30, 2026, a position the company said is expected to fund operations into the third quarter of 2027.
Maui Land's Net Loss Narrows After Pension Charges
The company posted a $3.69 million net loss for the six months ended June 30, 2026, as pension-plan termination charges that had weighed on the year-earlier period did not recur.
Galectin Aligns With FDA on Belapectin Phase 3 Design
The company said it expects to submit the registrational protocol in the third quarter of 2026 after agreeing on a composite liver outcome endpoint and a single 2 mg/kg dose.
Digi Power X Began Generating AI Compute Revenue
Digi Power X recorded approximately $1.1 million of GPU rental revenue in its second quarter, bringing its AI infrastructure transition into revenue-producing operations.
Cue Books CUE-221 Food-Allergy IND After Licensing
The clinical-stage biopharmaceutical company posted a $153.1 million net loss as it absorbed one-time costs of licensing CUE-221 and then raised $50 million after quarter-end.
Canton Strategic Records First Revenue From Network Operations
Canton Strategic reported $1.50 million in quarterly revenue, largely from locking Canton Coin for network participants, while digital-asset losses dominated its results.
Bimergen Drops Redbird and Wildfire From Ready-to-Build List
The developer still lists about 3.6 gigawatts of alternating-current capacity and now names CAISO among the ISO regions serving that pipeline.
Zenas Receives FDA Acceptance of Obexelimab BLA
The clinical-stage biopharmaceutical company posted a $111.5 million net loss as it prepared for a potential May 27, 2027, PDUFA decision on obexelimab for IgG4-related disease.
Venu Plans Financing Shift to Keep Venue Real Estate
Venu closed $45 million in interim financing after quarter-end while pursuing longer-term funding to complete two amphitheaters.
TSS Systems Integration Growth Slows After First-Quarter Pace
Second-quarter revenue was $35.1 million as systems integration rose 46% to $13.9 million and procurement fell 45%.
Tapestry Hits Investor-Day Targets Two Years Early
Fourth-quarter sales were $1.88 billion, up 9%, as the company met 2028 revenue, margin and EPS goals and set a $8.4 billion to $8.5 billion 2027 outlook.
Soluna Completes Dorothy 1 Vertical Integration
Revenue reached $15.1 million, up 60% sequentially, as the company booked Briscoe’s first quarter and expanded its pipeline to about 6.3 gigawatts.
QXO Restores Profit After Kodiak Close
Adjusted EBITDA was $272 million on $3.25 billion of sales after a $1.2 million first quarter.
Knicks Title Lifts MSGS Fourth-Quarter Sales 37%
Revenue reached $278.7 million as playoff-related sales rose $66.9 million and the company swung to a $32.2 million operating profit from a $22.6 million loss a year earlier.
Merlin Completes C-130J Design Review and Autonomous Landing
Second-quarter revenue was $2.2 million as the company posted a $58.4 million GAAP net loss.
MeiraGTx Reclaims Eye Therapy Ahead of Regulatory Push
The genetic medicines company completed its $25 million acquisition of bota-vec and secured financing to support development and potential commercialization.
Lifeway Foods’ Margin Gains Reversed
The kefir maker posted just $0.1 million in second-quarter net income as higher input costs eroded profitability.
Chicago Atlantic BDC Funding Collapses After Record Quarter
Second-quarter investment income was $14.0 million, or $0.61 a share, as the cannabis-focused BDC funded just $2.7 million.
KULR Reverses First-Quarter Revenue Gain and Exits Bitcoin Mining
Second-quarter revenue fell 43% to $2,080,177 and gross margin swung to (31)% after a 98% year-over-year first-quarter increase.
Invivyd Completes Upsized DECLARATION Enrollment
PEMGARDA net product revenue was $14.3 million, up 21% from a year earlier, as the company completed enrollment in its upsized pivotal trial and said cash of $160.1 million should last through the VYD2311 readout.
Indaptus Ends Decoy20 Enrollment, Has No Active Clinical Programs
A $12.0 million June private placement left Indaptus with $11.6 million in cash, cash equivalents and short-term investments as it wound down Decoy20.
Dillard's Comparable Sales Slow After First-Quarter Lift
Retail gross margin reached 40.9% of sales after $37.2 million of IEEPA tariff refunds lifted the rate by 260 basis points.
CapsoVision Capsule Sales Rebound After a Flat First Quarter
Second-quarter revenue reached $3.6 million as capsule volume rose 13% and the company launched AI Highlights in Europe.
Applied Materials Raises Calendar 2026 Systems Outlook
The equipment maker guided fourth-quarter revenue to $10.25 billion plus or minus $500 million after a record $9.12 billion quarter.
Applied Industrial Raises Long-Range Sales and EBITDA Targets
Fiscal 2027 EPS is guided to $11.65 to $12.15 after a 9.7% organic sales gain in the June quarter.
AIRO Restores Operating Profit After First-Quarter Loss
Second-quarter revenue reached $43.2 million, up 76% from a year earlier, and gross margin recovered to 64%.