Earnings News
Quarterly and annual earnings from publicly listed companies, profit and loss announcements, revenue guidance and results analysis.
Quarterly and annual earnings from publicly listed companies, profit and loss announcements, revenue guidance and results analysis.
Canada Trade War Triggers US Backlash Amid Rising Price Concerns
Walmart Inc. announced its second-quarter fiscal year 2027 financial results. Despite robust online sales and profit figures, slower U.S. store sales fell short of analyst expectations, leading to a decline in shares.
Alibaba Group reported a 75% year-over-year drop in net income to RMB 10.44 billion for the June quarter. Significant investments in AI infrastructure and increased operational expenses were primary drivers, leading to a drop in the company's U.S.-listed shares in premarket trading.
Walmart reported its second-quarter comparable U.S. sales growth of 2.6%, its slowest in over six years. This decline, primarily due to falling drug prices, caused the retailer's stock to slide.
Biotechnology firm Twist Bioscience (NASDAQ: TWST) reported record revenue for its fiscal third quarter 2026, with revenue increasing 23% year-over-year to $118.4 million. The company also raised its full-year 2026 revenue guidance, signaling continued strong growth momentum. Management reiterated its target to achieve adjusted EBITDA breakeven in the fiscal fourth quarter.
Target Corporation revised its fiscal-year revenue and adjusted earnings per share (EPS) forecasts upward after reporting stronger-than-expected second-quarter results. The retailer now anticipates full-year sales growth of approximately 5%, driven by increased consumer interest and strategic turnaround efforts.
As part of an almost £160 million investment by its Spanish owner Navantia to prepare Harland & Wolff for a significant defence contract, the iconic Belfast cranes are undergoing modernization. This strategic move positions the company to build Fleet Solid Support vessels for the Royal Navy, bringing a substantial economic boost to the region.
Iluka Resources posted a net loss of A$24 million in the first half of fiscal 2026, primarily due to lower realised product prices and the appreciation of the Australian dollar. Mineral sands revenue declined 22% to A$433 million. Despite the loss, the company demonstrated strong cash flow generation and reduced net debt.
Home improvement retailer Home Depot reported strong second-quarter sales and earnings, surpassing market expectations. Supported by consumers undertaking smaller projects, the company reaffirmed its full-year financial guidance.
i-80 Gold announced its second quarter 2026 financial results, revealing significant increases in gold production following a successful recapitalization, though net loss widened due to operational factors. Management remains committed to achieving an annual gold production target of 150,000-200,000 ounces by 2028.
Global mining giant BHP Group reported a 9% increase in its net profit for the fiscal year ended June 30, 2026. The company's underlying earnings saw an even larger gain, exceeding analyst expectations, as copper prices surged to all-time highs. Copper emerged as the primary driver of this robust financial performance.
Kjell Group AB reported a significant narrowing of its net loss in Q2 2026, indicating improved financial performance. The company saw increased sales revenue and a rise in gross profit margin, boosting operational efficiency.
Food distribution giant Sysco (SYY) stands out with over 55 consecutive years of dividend increases. Its robust yet 'boring' business model offers an attractive opportunity for investors seeking to balance risk in growth-heavy portfolios.