Consumer Cyclical Earnings Report — 2026-07-16 to 2026-08-30

25 most recent Consumer Cyclical earnings

1. Aug 27, 2026, 4:22 PM ET·GAP·Consumer Cyclical

   Gap Inc. — Second Quarter Fiscal 2026 Earnings Summary

   GAP INC

   Net sales declined 2% year-over-year to $3.7 billion, with comparable sales down 1%; however, adjusted net income rose to $190 million (adjusted diluted EPS $0.52) driven by a 1,160 basis point gross margin expansion to 52.8%, largely due to $512 million in IEEPA tariff refunds. Full-year fiscal 2026 guidance was updated to reflect net sales growth of 1% to 1.5% (down from 1% to 2%), while diluted EPS guidance was raised to $3.77–$3.87 and adjusted diluted EPS to $2.35–$2.45. Segment performance was mixed: Gap brand sales grew 9% and Banana Republic up 1%, while Old Navy and Athleta sales declined 4% and 12% respectively; the company appointed Michael Francis as the new President and CEO of Old Navy. Capital return totaled $726 million year-to-date via share repurchases and dividends, including a $200 million accelerated share repurchase and a 6% dividend increase to $0.175 per share. Year-to-date free cash flow was $261 million, ending inventory remained flat at $2.3 billion, and full-year capital expenditures are expected to be approximately $650 million.

2. Aug 27, 2026, 4:07 PM ET·ULTA·Consumer Cyclical

   Ulta Beauty — Second Quarter Fiscal 2026 Earnings Summary

   ULTA BEAUTY INC

   Net sales rose 8.9% year-over-year to $3,035.7 million, while diluted EPS increased 13.3% to $6.55, driven by a 3.8% comparable sales growth and the Space NK acquisition. Fiscal 2026 guidance was raised across the board: net sales growth to 6.7–7.2%, comparable sales to 3.2–3.7%, operating income growth to 8.3–9.3%, and diluted EPS to $28.70–$29.00. The company increased its fiscal 2026 share repurchase authorization to $1.8 billion from $1.5 billion, having already repurchased 1.4 million shares for $791.1 million in the first half of the year. Store expansion continued with 14 net new locations opened during the quarter, bringing the total store count to 1,622, while gross margin slightly declined to 39.1% due to the Space NK business mix.

3. Aug 27, 2026, 7:31 AM ET·LUCK·Consumer Cyclical

   Lucky Strike Entertainment — Fiscal Year 2026 Earnings Summary

   LUCKY STRIKE ENTERTAINMENT CORP

   Fiscal 2026 total revenue rose 3.7% to $1,245.3 million, though full-year net loss widened to $35.8 million from $10.0 million and Adjusted EBITDA declined 9.4% to $333.2 million; Q4 revenue grew 0.9% to $303.9 million with net loss improving to $26.2 million from $74.7 million. Net debt increased to $1.77 billion from $1.26 billion and cash reserves fell to $39.4 million, while the company initiated a quarterly dividend of $0.06 per share for Q1 fiscal 2027. Fiscal 2027 guidance projects total revenue between $1.28 billion and $1.31 billion (3–5% growth) and Adjusted EBITDA between $340 million and $360 million, supported by expected contributions from waterparks and declining capital expenditures of approximately $90 million. Strategic momentum includes the addition of six locations (five acquisitions, one new build) and the closure of five underperforming sites, alongside a "coiled spring" outlook driven by strong food, retail, and league performance despite a temporary Q2 same-store decline due to the World Cup.

4. Aug 27, 2026, 7:06 AM ET·MBUU·Consumer Cyclical

   Malibu Boats, Inc. — Fiscal 2026 Earnings Summary

   MALIBU BOATS INC

   Fiscal 2026 net sales rose 13.3% to $914.6 million, driven by a 42.7% Q4 surge to $295.5 million; however, full-year GAAP net income fell 88.8% to $1.7 million due to $14.8 million in acquisition-related expenses and integration costs, while Adjusted EBITDA declined 1.1% to $73.9 million. The company acquired Saxdor on March 2, 2026, for $118.3 million, contributing $84.3 million in full-year net sales, and completed a credit facility refinancing in July 2026 to extend debt maturity to 2031 with a $100 million term loan and $250 million revolving facility. Fiscal 2027 guidance sets net sales between $1.08 billion and $1.12 billion and Adjusted EBITDA between $101 million and $109 million, with management expecting the first domestically-built Saxdor boats to be completed in the first half of the fiscal year. The Board authorized a new $70 million share repurchase program for Fiscal 2027, and management cited a strong balance sheet with $74.4 million in cash and $165.0 million in long-term debt as of June 30, 2026. Near-term outlook remains cautious regarding macro disruptions pressuring payment buyers, though early signs of industry stabilization and firming dealer inventory levels in specific segments (Cobalt, Saltwater) were noted.

5. Aug 27, 2026, 7:00 AM ET·BBY·Consumer Cyclical

   Best Buy — Q2 FY27 Earnings Summary

   BEST BUY CO INC

   Enterprise revenue rose 3.6% to $9.779 billion, while diluted EPS surged 70% to $1.48 and adjusted diluted EPS increased 15% to $1.47, driven by a 1.4 percentage point improvement in operating income margin to 4.3%. The company raised full-year FY27 guidance across all key metrics: comparable sales (1.9% to 3.0%), revenue ($42.3B to $42.8B), and adjusted diluted EPS ($6.70 to $6.90), alongside providing positive Q3 comparable sales guidance of 1.0% to 3.0%. Shareholder returns totaled $239 million in Q2 via dividends and repurchases, with the Board authorizing a $0.96 quarterly dividend and the company expecting approximately $300 million in share repurchases for FY27. Strategic growth was led by computing, home theater, and emerging categories, while international revenue declined 4.2% and traditional gaming performance weakened; incoming CEO Jason Bonfig joins November 1, 2026.

6. Aug 27, 2026, 6:55 AM ET·BBW·Consumer Cyclical

   Build-A-Bear Workshop — Fiscal Second Quarter 2026 Earnings Summary

   BUILD-A-BEAR WORKSHOP INC

   Fiscal Q2 2026 revenue declined 7.2% year-over-year to $115.3 million, with diluted EPS falling to $0.70 from $0.94, while first-half diluted EPS rose 2.4% to $2.16 despite a 4.8% revenue decrease to $240.6 million. The Company lowered full-year fiscal 2026 guidance, reducing the revenue outlook to $500–$525 million and pre-tax income to $60–$68 million (excluding a $13 million IEEPA tariff refund), citing delayed wholesale opportunities and ongoing tariff costs. Capital allocation included $49 million returned to shareholders over the past 12 months, with $22.7 million returned in the first half via $17.1 million in share repurchases and $5.8 million in dividends, leaving $43.2 million remaining under the $100 million authorization. Strategic growth continues with 674 global locations and a target of at least 50 net new experience locations for the year, alongside a planned grand opening at ICON Park in Orlando, though cash reserves dropped 64.2% to $14.0 million.

7. Aug 27, 2026, 6:48 AM ET·BURL·Consumer Cyclical

   Burlington Stores — Second Quarter Fiscal 2026 Earnings Summary

   BURLINGTON STORES INC

   Total sales rose 11% year-over-year to $2,998 million, while net income surged 96% to $184 million ($2.88 per diluted share) and adjusted EPS increased 38% to $2.37 per share. Full-year Fiscal 2026 guidance was raised across all key metrics: Adjusted EPS to $11.77–$11.97, comparable store sales to 3%–4%, total sales growth to 10%–11%, and adjusted EBIT margin by 20–40 basis points. The company opened 149 net new stores during the quarter, bringing the total to 1,287 locations, and repurchased 270,279 shares for $87 million, leaving $218 million in remaining authorization. Gross margin expanded 250 basis points to 46.2% of net sales, and management plans to reinvest $55 million in received tariff refunds into value offerings rather than retaining them as one-time earnings.

8. Aug 26, 2026, 8:03 AM ET·WSM·Consumer Cyclical

   Williams-Sonoma, Inc. — Second Quarter 2026 Earnings Summary

   WILLIAMS SONOMA INC

   Total revenue grew 6.7% year-over-year to $1.96 billion, with comparable brand revenue up 6.2%, while GAAP diluted EPS rose 42.0% to $2.84 and non-GAAP diluted EPS increased 5.0% to $2.10. Fiscal 2026 guidance was raised across the board, projecting net revenue growth of +4.7% to +7.2%, comparable revenue growth of +4.0% to +6.5%, and a non-GAAP operating margin of 17.8% to 18.2%. The company returned $90 million to stockholders via dividends in the quarter and repurchased $287.8 million of common stock over the first 26 weeks, supported by $696 million in operating cash flow. All brands delivered growth with market share gains despite macroeconomic headwinds, though merchandise margins remain pressured by tariff costs partially offset by $167.8 million in IEEPA refund income. Full-year guidance assumes all current tariffs and elevated oil prices remain in place with no benefit from future tariff refunds, while maintaining a long-term outlook for mid-to-high single-digit revenue growth.

9. Aug 26, 2026, 7:38 AM ET·ANF·Consumer Cyclical

   Abercrombie & Fitch Co. — Second Quarter Fiscal 2026 Earnings Summary

   ABERCROMBIE & FITCH CO

   Net sales reached a record $1.3 billion, up 5% year-over-year, while operating income rose to $253 million (including $100 million in IEEPA tariff refunds) and net income per diluted share increased to $4.17 from $2.91. The company raised full-year fiscal 2026 guidance, projecting net sales growth of 5%, net income per share of $13.10 to $13.60, and an operating margin of 14.5% to 15.0%, alongside an increased share repurchase commitment of at least $500 million. Regional performance showed strong momentum in APAC (19% sales growth) and the Americas (5% sales growth), while EMEA grew 2%, with both Abercrombie and Hollister brands achieving record second-quarter net sales. Capital allocation included $177 million in share repurchases during the quarter and $282 million year-to-date, reducing shares outstanding by 7%, supported by $1.1 billion in total liquidity.

10. Aug 26, 2026, 7:17 AM ET·BBWI·Consumer Cyclical

    Bath & Body Works — Second Quarter 2026 Earnings Summary

    BATH & BODY WORKS INC

    Net sales declined 2.3% year-over-year to $1,514 million, while EPS rose to $0.58 ($0.62 adjusted) driven by a $80 million tariff refund benefit; year-to-date net sales fell 2.7% to $2,892 million. Full-year 2026 net sales guidance was narrowed to a 4% to 2.5% decline, while diluted EPS guidance was raised to $3.13–$3.33 and adjusted EPS guidance was raised to $2.60–$2.80. Direct U.S. and Canada sales grew 3.0% for the first time since 2021, offsetting a 5.4% decline in store sales, with total company-operated stores increasing to 1,937. Cash and cash equivalents rose to $794 million and total debt decreased to $3,614 million; no share repurchases were made in the first half of fiscal 2026 compared to $254 million in the prior year. Management cited early-stage progress on the "Consumer First Formula" strategy, though underlying business trends remain pressured with third-quarter sales forecast to decline 5% to 2.5%.

11. Aug 26, 2026, 7:00 AM ET·MOV·Consumer Cyclical

    Movado Group, Inc. — Second Quarter Fiscal 2027 Earnings Summary

    MOVADO GROUP INC

    Q2 fiscal 2027 net sales rose 4.9% year-over-year to $169.8 million, while diluted EPS increased to $0.53 from $0.13; full-year guidance has been discontinued in favor of a long-term strategy focus, with H2 topline growth expected in the mid-single-digit range. Gross margin expanded to 59.4% in Q2 (58.4% for the first six months) compared to 54.1% in the prior-year period, driven by operational improvements and a $3.2 million IEEPA duty refund benefit. The company maintains a strong balance sheet with $211.6 million in cash and no debt, while returning capital to shareholders via a $0.40 quarterly dividend and $16.6 million in year-to-date dividend payments. Share repurchases totaled 61,000 shares in the first six months, leaving $44.6 million available under the program, though the company recorded a $0.2 million pre-tax charge related to a Dubai subsidiary misconduct investigation.

12. Aug 26, 2026, 7:00 AM ET·KSS·Consumer Cyclical

    Kohl's — Second Quarter Fiscal 2026 Earnings Summary

    KOHLS CORP

    Net sales and comparable sales both decreased 0.9% year-over-year to $3.3 billion, while gross margin expanded 305 basis points to 43.0% and inventory fell 3% to $2.9 billion. The company raised its full-year 2026 outlook, now expecting net sales and comparable sales to decline 1.5% to flat, with adjusted operating margin targeted at 3.5% to 4.0% and adjusted diluted EPS between $1.80 and $2.40. Kohl's restarted its share repurchase program with a $100 million authorization for 2026 and declared a quarterly cash dividend of $0.125 per share, while long-term debt decreased $195 million year-over-year to $1.325 billion. Full-year adjusted operating income guidance reflects a range of $221 million for the six-month period, supported by approximately $100 million in tariff refunds flowing through gross margin.

13. Aug 25, 2026, 5:14 PM ET·STRT·Consumer Cyclical

    Strattec — Fiscal 2026 Earnings Summary

    STRATTEC SECURITY CORP

    Fiscal 2026 net sales rose to $579.4 million (up from $565.1 million) with full-year gross margin expanding to 16.5% from 15.0%; however, Q4 net income declined to $3.9 million ($0.95 diluted EPS) from $8.3 million ($2.01 diluted EPS) in the prior-year quarter. Full-year adjusted diluted EPS reached $6.88 and Adjusted EBITDA grew 15.3% to $50.5 million, while Q4 cash from operations fell to $9.7 million from $30.2 million. Management highlighted a strong balance sheet with $108.2 million in cash and no outstanding debt, enabling strategic investments in product technology and potential M&A to diversify customers and programs. The company repurchased 110,269 shares for $7.4 million in Q4 and authorized a new $40 million share buyback program, while noting near-term uncertainty regarding OEM vehicle platforms and external headwinds like foreign exchange and tariffs.

14. Aug 25, 2026, 2:08 PM ET·CATO·Consumer Cyclical

    The Cato Corporation — Second Quarter 2026 Earnings Summary

    CATO CORP

    Net income for the quarter fell to $1.1 million ($0.06/share) from $6.8 million ($0.35/share) prior year, while year-to-date net income rose to $10.5 million ($0.53/share) from $10.1 million; retail sales declined 6% to $163.9 million for the quarter and 2.9% to $333.3 million year-to-date. Gross margin contracted to 32.8% in the quarter from 36.2% prior year, though SG&A expenses decreased by $3.3 million in the quarter and $4.7 million year-to-date due to lower payroll, equipment, and insurance costs. Management anticipates a challenging back half of 2026 driven by persistent inflation, higher fuel prices, and elevated interest rates, committing to tight expense and inventory management. The company closed eight stores during the quarter, reducing the total store count to 1,057 from 1,101, while same-store sales decreased 3.7% in the quarter and remained flat year-to-date. Cash and cash equivalents increased to $35.1 million as of August 1, 2026, from $16.8 million at the start of the fiscal year, while merchandise inventories decreased to $82.5 million.

15. Aug 25, 2026, 7:01 AM ET·DKS·Consumer Cyclical

    DICK'S Sporting Goods — Second Quarter 2026 Earnings Summary

    DICK'S SPORTING GOODS INC

    Consolidated net sales surged 53.2% year-over-year to $5,587 million for the quarter and 57.6% to $10,751 million year-to-date, though GAAP and non-GAAP earnings per share declined 25.7% and 19.4% respectively compared to the prior year period. Full-year 2026 guidance was revised downward, with operating income outlook lowered to $1.45–$1.55 billion (GAAP) and earnings per share reduced to $10.94–$11.94 (GAAP), reflecting a Foot Locker Business segment profit forecast of a $80 million to $40 million loss. The DICK'S Business delivered 4.9% comparable sales growth driven by the FIFA World Cup and expanded market share, while the Foot Locker Business reported a 3.6% comparable sales decline and a $31.9 million segment loss due to promotional pressure and legacy footwear challenges. Strategic integration of the Foot Locker acquisition continues with $125.8 million in pre-tax charges incurred year-to-date for asset optimization, with total charges expected to reach up to $750 million and $200 million allocated to fiscal 2026. Capital allocation included $141 million in share repurchases (down 53% year-over-year) and $225 million in dividends paid, while gross capital expenditures rose 41% to $743 million; $3.0 billion remains available under existing share repurchase authorizations.

16. Aug 25, 2026, 6:52 AM ET·CTRN·Consumer Cyclical

    Citi Trends — Second Quarter Fiscal 2026 Earnings Summary

    CITI TRENDS INC

    Total sales reached $211.6 million in Q2 2026, a 10.9% year-over-year increase, while adjusted EBITDA for the first half of the fiscal year rose to $19.4 million from $5.3 million in the prior year. Fiscal 2026 guidance was raised across key metrics, including comparable store sales growth (9%–11%), total sales growth (10%–12%), and adjusted EBITDA ($38 million–$42 million). Strategic outlook adjusted to reflect a reduced new store count of 20 for 2026 (down from 25) and a significant decrease in planned remodels to 10–15 (down from 50). The company maintains a debt-free balance sheet with $55.9 million in cash, though it is incurring implementation costs for a workforce model transition shifting to an office-based structure through Q1 2027.

17. Aug 21, 2026, 3:39 PM ET·BKE·Consumer Cyclical

    The Buckle, Inc. — Second Quarter 2026 Earnings Summary

    BUCKLE INC

    Net income for the 13-week quarter declined 1.3% to $44.4 million ($0.88 diluted) from $45.0 million ($0.89 diluted) in the prior year, while net sales rose 4.6% to $319.8 million. Year-to-date results through 26 weeks showed stronger performance with net income increasing 13.9% to $91.3 million ($1.79 diluted) and net sales growing 5.3% to $608.6 million. Comparable store sales increased 2.1% for the quarter and 3.5% for the year-to-date period, supported by a 2.3% rise in online sales for the quarter. The company expanded its retail footprint to 447 stores as of the quarter end, up from 440 stores in the prior year period. No specific guidance changes, M&A activity, or capital return announcements were included in the provided summary.

18. Aug 20, 2026, 4:11 PM ET·ROST·Consumer Cyclical

    Ross Stores — Second Quarter 2026 Earnings Summary

    ROSS STORES INC

    Q2 total sales rose 13% to $6.3 billion and net income increased to $851 million ($2.66 EPS), driven by 10% comparable store sales growth and a $253 million IEEPA tariff refund benefit. Management raised full-year fiscal 2026 EPS guidance to $8.61–$8.77 (including ~$0.60 tariff benefit) and increased the new store opening plan to 115 locations for the year. Capital allocation included $319 million in share repurchases during the quarter, with the company remaining on track to utilize $1.275 billion of its $2.55 billion 2026 authorization. Balance sheet strength improved with cash and cash equivalents rising to $4.29 billion while total debt decreased to $1.02 billion.

19. Aug 20, 2026, 10:02 AM ET·HOV·Consumer Cyclical

    Hovnanian Enterprises — Fiscal 2026 Third Quarter Earnings Summary

    HOVNANIAN ENTERPRISES INC

    Total revenues declined 11.9% year-over-year to $705.7 million for the quarter, while consolidated domestic contracts fell 4.6% to 1,155 homes; net loss was $4.5 million ($0.70 per share) compared to prior year net income of $13.9 million ($1.99 per share). Adjusted EBITDA decreased 58.6% to $31.9 million for the quarter, and adjusted pretax income fell below the guided range for the first time in over five years due to lower-than-expected income from unconsolidated joint ventures. Management provided Q4 fiscal 2026 guidance projecting revenues between $800 million and $900 million, adjusted EBITDA between $50 million and $65 million, and adjusted income before taxes between $15 million and $30 million. Consolidated domestic contract backlog increased 5.1% to $881.9 million, while total liquidity stood at $379.8 million; the company noted a disciplined land-light strategy and a 19.3% decline in domestic QMIs to 820.

20. Aug 20, 2026, 6:31 AM ET·AAP·Consumer Cyclical

    Advance Auto Parts — Q2 2026 Earnings Summary

    ADVANCE AUTO PARTS INC

    Q2 2026 net sales remained flat at $2.0 billion year-over-year, while adjusted diluted EPS rose to $1.03 (from $0.69 in Q2 2025), driven by a 260 basis point gross margin expansion to 46.2% and $26 million in tariff refunds. Full-year adjusted diluted EPS guidance was raised to $2.60–$3.30 from $2.40–$3.10; however, new store openings were revised down to 30–35 (from 40–45) while market hub openings increased to 15–20 (from 10–15). The company returned to positive year-to-date free cash flow after two years of outflows, with net leverage improving to 2.1x from 2.4x in Q1 2026. Strategic capital allocation included retiring approximately $30 million of debt principal and declaring a $0.25 per share cash dividend; the DIY channel faced headwinds from tighter household budgets, whereas the Pro channel delivered low-single-digit comparable sales growth.

21. Aug 19, 2026, 4:30 PM ET·UFI·Consumer Cyclical

    Unifi, Inc. — Fourth Quarter Fiscal 2026 Earnings Summary

    UNIFI INC

    Q4 fiscal 2026 net sales rose 4.1% year-over-year to $144.2 million, while gross profit turned positive at $14.3 million (9.9% margin) versus a $1.1 million loss in the prior year quarter; full-year 2026 net sales declined to $531.3 million from $571.3 million, though gross margin improved to 5.7% from 1.5%. The company reported a Q4 net loss of $1.2 million ($0.06/share) compared to a $15.5 million gain in the prior year quarter (which included a $35.8 million facility sale gain), while Adjusted EBITDA improved to $8.2 million from a $4.1 million loss; full-year operating cash flow was $26.5 million versus a $21.3 million use in fiscal 2025. Net debt decreased to $67.4 million at June 28, 2026, from $85.3 million a year prior, supported by a 53% reduction in capital expenditures to $5.0 million for fiscal 2026. Management expects fiscal 2027 sales and profitability to improve as cost containment and portfolio actions take full effect, with the Brazil and Americas segments projected to see growth while the Asia segment faces continued pressure from regional softness and geopolitical volatility. The company entered an agreement to sell non-strategic real estate assets in the Americas for $60.0 million in gross proceeds to enhance financial flexibility and support further debt reduction.

22. Aug 19, 2026, 9:09 AM ET·TJX·Consumer Cyclical

    The TJX Companies, Inc. — Q2 FY27 Earnings Summary

    TJX COMPANIES INC

    Q2 FY27 net sales rose 5% YoY to $15.2 billion, with consolidated comparable sales up 4% and diluted EPS increasing 24% to $1.36; full-year FY27 net sales and EPS guidance were raised, with adjusted diluted EPS now projected at $5.15 to $5.20. Full-year FY27 pretax profit margin guidance increased to 12.3%–12.4% and adjusted pretax margin to 12.0%–12.1%, driven by a 2.7 percentage point YoY improvement in gross profit margin to 33.4%. The company returned $1.3 billion to shareholders in Q2 via $798 million in share repurchases and $529 million in dividends, having authorized a new $3.0 billion buyback program with approximately $2.7 billion available as of August 1, 2026. Future outlook includes accelerating store opening growth to 4% in FY28 and raising the long-term global store target to 7,500, while Q3 FY27 comparable sales are guided at 2%–3%. Results included a net pretax benefit of $219 million from IEEPA tariff refunds, though management noted uncertainty regarding the timing and likelihood of future refunds.

23. Aug 19, 2026, 8:45 AM ET·LOW·Consumer Cyclical

    Lowe's Companies, Inc. — Second Quarter 2026 Earnings Summary

    LOWES COMPANIES INC

    Reported Q2 2026 net earnings of $2.4 billion and diluted EPS of $4.27 (flat YoY), while adjusted diluted EPS rose 1.6% to $4.40; total sales reached $26.0 billion (up from $24.0 billion YoY) with comparable sales increasing 0.2% and online sales growing 15.7%. Lowered full-year 2026 guidance across key metrics: total sales to $92.0 billion (from $92.0–$94.0B), comparable sales to flat (from flat to +2%), and diluted EPS to ~$11.75 (from $11.75–$12.25), citing persistent DIY macro pressures despite strong Pro and Home Services performance. Gross margin contracted to 33.04% from 33.81% YoY, and operating income rose to $3.549 billion (13.67% of sales) from $3.469 billion (14.48% of sales) in the prior year. Recognized $96 million in pre-tax expenses related to the acquisitions of Foundation Building Materials and Artisan Design Group, which were excluded from adjusted EPS; capital expenditures for the first half were $1.063 billion with stock repurchases totaling $366 million. Fiscal outlook includes tariff refunds recognized in Q2 but excludes potential additional refunds in the second half, while full-year adjusted guidance excludes a $0.50 after-tax impact from intangible asset amortization.

24. Aug 18, 2026, 4:46 PM ET·TOL·Consumer Cyclical

    Toll Brothers — FY 2026 Third Quarter Earnings Summary

    TOLL BROTHERS INC

    Net income declined to $280.1 million ($2.97/share) from $369.6 million ($3.73/share) in the prior year quarter, driven by lower home sales revenues of $2.65 billion and a contraction in delivered homes to 2,662 from 2,959; however, net signed contract value rose 5% year-over-year to $2.52 billion. The company reaffirmed full-year FY 2026 guidance for $10.5 billion in home sales revenues and a 26.1% adjusted gross margin, while increasing projected share repurchases for the fiscal year from $650 million to $700 million. Capital allocation included $206.8 million in share repurchases and $231 million total returned to stockholders in the quarter, supported by a strong balance sheet with a net debt-to-capital ratio of 15.6% and $1.06 billion in cash. Strategic updates include an 8% to 10% expected growth in community count for fiscal 2026, an announced exit from the multifamily development business, and a focus on operational efficiency despite rising SG&A costs to 10.0% of revenues.

25. Aug 18, 2026, 7:50 AM ET·SYPR·Consumer Cyclical

    Sypris Solutions — Second Quarter 2026 Earnings Summary

    SYPRIS SOLUTIONS INC

    Second quarter revenue declined 3.5% year-over-year to $30.3 million, while the net loss widened to $3.1 million ($0.14/share) from $2.1 million ($0.09/share) in the prior-year period; six-month revenue fell 7.7% to $56.2 million with a net loss of $7.2 million. Segment performance diverged with Sypris Technologies revenue up 5.6% year-over-year and Sypris Electronics revenue down 10.4% year-over-year, though Electronics orders surged 54% sequentially to $15.5 million driven by satellite and subsea fiber programs. Management anticipates a challenging operating environment to improve through 2026, citing a robust backlog, recent program wins, and new growth opportunities in LNG demand and AI-related data centers. Financial results were negatively impacted by $2.1 million in second-quarter specific expenses (healthcare, unabsorbed overhead, FX variances, and inventory charges) and $4.5 million over the first half, while cash and cash equivalents decreased to $5.9 million from $6.8 million at year-end. No dividends were declared for the quarter or six-month period; the company maintains a $500,000 working capital line of credit and $12.0 million in related-party notes payable.