FleetCor and CEO Ronald Clarke agreed to a $100 million payment resolving Federal Trade Commission litigation. The settlement follows years of court action over hidden charges involving commercial fuel cards. Harm reached tens of thousands among small-business customers seeking lower operating costs. Regulators say promised savings disappeared beneath undisclosed billing practices.
Federal regulators accused FleetCor, which now operates as Corpay, of imposing unauthorized fees totaling hundreds of millions. Investigators found improper late penalties despite timely remittance or company barriers that prevented payment. Officials cited misleading claims about gas savings, fraud controls, plus card-related expenses. Those practices harmed operators across the United States, according to a 2019 complaint.
Regulators found FleetCor often waited several billing cycles before adding many charges. Delayed timing made extra costs harder for customers to notice. Invoices omitted fee disclosures, pushing account holders toward separate management reports. Even those documents obscured some amounts among unrelated details or excluded them entirely.
"FleetCor deceived its small business customers by promising fuel savings that never materialized," Christopher Mufarrige said. He directs FTC's Bureau of Consumer Protection. Agency officials also criticized hidden and unauthorized charges. Settlement terms channel restitution toward harmed account holders.
In 2023, one federal district court granted summary judgment to the FTC on every count. Its ruling found hidden charges and false representations involving savings, fees, plus fraud-control features. Permanent injunction terms barred FleetCor from billing without informed consent alongside clear disclosures. That order also prohibited deceptive fuel-card claims or hiding material information behind hyperlinks.

#fleetcor #savings

Costco is expanding its same-day delivery network as it looks to grow e-commerce sales and compete with retailers like Walmart and Target.
The retailer this week launched collaborations with DoorDash (NASDAQ: DASH) and Uber (NYSE: UBER) to pick up online orders at U.S. stores and drive them to the customer's door. The arrangements give Costco more channels to reach customers through ultra-fast delivery, made possible by gig drivers who use the platforms to select ******* ignments.
DoorDash, best known for delivering restaurant food, announced that Costco (NASDAQ: COST) members can now order groceries, dry goods, household essentials and other products from its marketplace and then arrange fast delivery from their local store, all through the DoorDash app. The U.S. launch extends the existing relationship between the companies in Australia, New Zealand, Sweden, Iceland and Puerto Rico.
DoorDash now serves eight of the 10 largest food retailers in North America.
On Wednesday, Uber announced a major expansion of its partnership with Costco to deliver products in 47 states, up from 17 states. Nearly 600 Costco locations are now available on the Uber Eats app, where shoppers can arrange on-demand and scheduled delivery.

#Food #announced

XRP serves three live functions: cross-currency payment settlement, collateral at Ripple Prime, and streaming payments for AI software agents via Stripe's Machine Payments Protocol.
XRP's native Payment Channels enable streaming micropayments in one settlement transaction, a capability Ripple's own RLUSD stablecoin cannot yet match.
Agent payments remain in beta with zero live commercial volume, while payments and collateral already handle real institutional capital.
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XRP (CRYPTO:XRP) serves three key functions. It facilitates payment settlements between currencies, acts as collateral for positions at prime brokers, and more recently, it covers expenses for software agents. The latter function was introduced through a standard co-authored by Stripe and Tempo, using XRP in a way Ripple's own dollar stablecoin has yet to achieve.

#payment #live #settlement #Streaming

On August 6, James Hardie Industries (NYSE:JHX) reported results for the quarter ended June 30 and beat its own numbers by enough to raise guidance just three months into the fiscal year. Net sales jumped 64% year over year to $1.475 billion, adjusted EBITDA climbed 79% to $422.1 million, and both figures came in ahead of what management had originally guided investors to expect. For a company that closed a transformative acquisition less than a year earlier, that kind of overshoot forces a reassessment of the growth story ahead.
The headline growth number is inflated by the AZEK Exteriors deal folded into the base, so the more telling figure is the 12% pro forma net sales growth, which also beat original guidance. Siding & Trim, the core fiber cement business, posted organic net sales growth of 20% as North American fiber cement volumes returned to growth for the first time in several quarters. CEO Aaron Erter tied that to share gains against vinyl and other competing materials, along with programs like ColorPlus and Expanded Statement drawing more of the higher-end repair and remodel market. Adjusted EBITDA margin in that segment expanded 140 basis points to 33.5%, powered by favorable pricing, cheaper raw materials, and continued savings from the company's Hardie Manufacturing Operating System even as freight costs rose.
Management also said cost synergies from the AZEK integration are running ahead of schedule and revenue synergies are on track, evidenced by newly expanded nationwide distribution partnerships with Boise Cascade and other regional distributors. In Deck, Rail & Accessories, sell-through accelerated every month of the quarter and outpaced shipments, pulling channel inventory back to normal levels and setting up a cleaner back half of the year. Free cash flow more than doubled to $254.2 million, and the company used the cash to pay down $400 million of senior unsecured notes.
Erter was careful to frame the beat as execution rather than a healthier market, telling investors the company is "not ***** uming a housing market improvement" for the rest of fiscal 2027. Part of the quarter's strength came from an easy comparison, since channel inventory was deliberately reduced a year earlier, and management said that benefit is expected to moderate as the year goes on. Deck, Rail & Accessories net sales actually fell 5% on a pro forma basis because the company intentionally cut production to work down channel inventory, leaving the segment with an operating loss of $3.3 million for the quarter.

#Growth #sales #management

On August 18, Amer Sports (NYSE:AS) reported second-quarter results that beat its own guidance and then raised the bar for the rest of the year. Revenue climbed 32% to $1.63 billion, adjusted operating profit nearly tripled, and every region and segment posted double-digit growth. Diluted earnings per share reached $0.18, up from a much smaller figure a year earlier. What stands out about August 18 is not just the size of the beat but how broad it was.
Technical Apparel grew 32% to $674 million, led by Arc'teryx and backed by a 17% omni-comp gain across owned stores and e-commerce. Outdoor Performance grew even faster, up 37% to $569 million, driven by Salomon Softgoods. Ball & Racquet Sports rose 24% to $390 million on the strength of Wilson Tennis 360. CEO James Zheng pointed to strong double-digit growth across every segment, geography, and channel as the reason for confidence in the outlook.
That confidence showed up in the numbers: Amer Sports raised full-year 2026 guidance to roughly 24% reported revenue growth, a gross margin of 60.5% to 61.0%, an operating margin of 14.2% to 14.5%, and diluted EPS of $1.27 to $1.30. The balance sheet backs up the reinvestment CFO Andrew Page described, with $573 million in net cash and $720 million in cash and equivalents at quarter-end.
Some of the second quarter's biggest numbers lean on a one-time tailwind. Gross margin expanded 710 basis points to 65.6%, but 390 of those points came from net tariff refunds. Operating margin's 820 basis point jump included the same 390-point benefit. The effect is largest in Ball & Racquet Sports, where adjusted segment operating margin rose 1,300 basis points to 17.2%, yet 970 of those points came from tariff refunds alone. Selling, general and administrative expenses rose 30% to $909 million, and on an adjusted basis SG&A grew 33%, faster than revenue itself.
Inventories climbed 19% year over year to $1,897 million. The guidance for the next quarter also points to a slower pace: third quarter revenue growth is guided at 18% to 20%, well below the 32% just reported, with gross margin guided down to about 59.0% and net finance cost alone guided to $15 million to $20 million, against roughly $85 million for the entire year.

#revenue #basis

Picture a snowy mountain slope in France or an elite tennis court during a grand slam. Whether it is an Arc'teryx jacket designed for the harshest alpine conditions or a Wilson racket in the hands of a professional, Amer Sports (NYSE:AS) equips the world's most demanding athletes. The company functions as a global powerhouse in athletic gear and apparel, operating a premium multi-brand platform that spans from high-end technical clothing to specialized sports equipment. With its current stock price at $27.26 as of Sept. 16, 2026, the company has seen the stock decline 26% over the past year, reflecting the market's digestion of its rapid post-IPO scaling.
Our proprietary Hidden Gems scoring system **** igns Amer Sports an overall Superscore of 75 out of 100, placing it in the Above Average category. This score ranks the company in the Top ~21% of every company we evaluate, ahead of roughly 79 out of every 100 firms we score. The Superscore serves as a data-driven starting point, and this article examines both the operational momentum fueling its recent success and the structural hurdles that keep the company below top-tier rankings, helping you weigh these signals against your own research.
Strong revenue momentum: The company achieved 27% year-over-year revenue growth in 2025, reaching $6.6 billion as it successfully scaled its brand-led platform across global markets.
Effective channel pivot: Direct-to-consumer revenue surged 43% in 2025, allowing the company to capture higher margins and deepen its direct relationship with premium consumers.
Expanding operational efficiency: Adjusted EBITDA margins widened to 18% in 2025, demonstrating that the company's shared infrastructure strategy is successfully converting scale into bottom-line profitability.

#company #sports #global #premium

On September 10, 2026, Copart, Inc. (NASDAQ:CPRT) reported fourth-quarter results for the period ended July 31, 2026, and used the call to announce an all-cash acquisition of digital auto marketplace ACV Auctions. Revenue grew 2.4% to $1.2 billion, but gross profit fell 5.5% to $481.4 million and net income dropped 17.4% to $327.4 million. Diluted EPS came in at $0.35 against $0.41 a year earlier.
Wall Street spent the following days separating the deal from the quarter.
Barrington's Gary Prestopino saw enough in the transaction to move off the sidelines, upgrading Copart, Inc. (NASDAQ:CPRT) to Outperform from Market Perform with a $40 target. His argument is that combining Copart's physical network with ACV's digital marketplace, at an implied equity value of $1.9 billion or $10.50 per share in cash, creates an end-to-end remarketing platform and opens a new growth vector in dealer-to-dealer and commercial vehicle auctions.
JPMorgan's Jash Patwa had already upgraded Copart, Inc. (NASDAQ:CPRT) to Overweight from Neutral ahead of the print, raising his target to $40 from $32 on encouraging salvage industry channel checks, web scraping data showing Copart gaining share with a carrier across several states, and a collision cycle he sees turning more favorable as insurance penetration recovers.
Freedom Broker, which trimmed its target to $36 from $39 while keeping a Buy rating, called the report mixed but framed the ACV move as a strong pivot toward digital marketplace expansion.

#NASDAQ #cprt #auctions

On September 10, 2026, The Lovesac Company (NASDAQ:LOVE) reported second-quarter fiscal 2027 results for the period ended August 2, 2026. Net sales rose 0.4% to $161.2 million, a record for the quarter, and the company swung to net income of $7.4 million, or $0.51 per diluted share, from a loss of $6.7 million a year earlier. Inside that $0.51 sits $0.86 of net benefit from IEEPA tariff refunds. Omni-channel comparable sales fell 1.9%.
Canaccord's Maria Ripps read the quarter as in line, with revenue and adjusted EBITDA both landing within guidance and near consensus while tariff refunds pushed gross margin and earnings above expectations; she cut the firm's target on The Lovesac Company (NASDAQ:LOVE) to $20 from $22 but held the Buy rating.
Roth Capital's Matt Koranda also called the quarter in line with consensus, though he flagged omni-channel comps trending modestly negative on soft lower-end consumer demand. He lowered the firm's target on The Lovesac Company (NASDAQ:LOVE) to $20 from $22 as well, keeping a Buy rating, and noted that management reset full-year guidance lower on a tough demand environment and modest product launch delays.
DA Davidson offered a similar interpretation of the lower guidance, arguing that the reset reflects the new CFO's approach more than a deterioration in the underlying business. The firm said the CFO, who joined during the quarter, appears to be establishing more conservative expectations that could restore a beat-and-raise pattern the stock had lacked. DA Davidson lowered its target on The Lovesac Company (NASDAQ:LOVE) to $18 from $20 while maintaining its Buy rating.
The operating case rests on the high end: configurations above $6,000 grew double digits against a tough comparison, showroom net sales rose 4.6% to $114.1 million on 14 net new locations, and Snugg helped push other products revenue up 198.2%. Lovesac ended the quarter with $68.8 million in cash and no debt.

#quarter

Exodus Movement, Inc. (NYSEAMERICAN:EXOD) reported on September 11 that August payment-processing gross transaction volume reached $356.8 million, up from $338.0 million in July. Monthly active cards declined to 757,900 from 783,600.
Separately, Web3 exchange-provider processed volume increased to $376.8 million from $314.8 million, while reported monthly active users remained at 1.4 million. The figures show stronger transaction activity alongside fewer active cards and a stable reported user count.
The question is whether that activity produces enough revenue to improve profitability while Exodus Movement, Inc. (NYSEAMERICAN:EXOD) integrates Monavate and reduces costs.
Payment growth persists after adjusting for currency translation. Exodus Movement, Inc. (NYSEAMERICAN:EXOD) converted sterling payment volumes into dollars using average rates of $1.35 per pound for August and $1.34 for July. Reversing those conversions implies approximately 4.8% growth in underlying sterling volume, compared with 5.6% in reported dollars. Both calculations use rounded disclosed figures.
Web3 exchange-provider volume increased approximately 19.7%. XO Swap partners contributed 23% of volume in both months. The unchanged reported share suggests both the partner channel and the remaining business contributed to growth.

#reported #exodus #nyseamerican

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Columbia Threadneedle Investments and alternative ******* et manager Hamilton Lane announced a strategic collaboration to deliver new investment products for the wealth channel. An interval fund combining public and private equity exposure, currently awaiting SEC approval, will likely be the first product launched through the two firms' partnership.
Columbia Threadneedle brings its public markets expertise, multi-asset investment capabilities and strategic distribution relationships to the collaboration. Hamilton Lane specializes in alternatives, with an established private markets platform, investment sourcing capabilities and data ******* ytics expertise.
Columbia Threadneedle filed a preliminary registration statement with the SEC for the Columbia Hamilton Lane Growth Innovation Fund, a public-private growth equity interval fund. If the fund is approved by the SEC, it will be offered to the wealth channel through financial advisors.
According to the filing, the fund will focus on capital appreciation, allocating at least 80% of its net ******* ets to investments in growth innovation companies. The fund will be roughly evenly split in exposure to publicly traded securities and private ******* ets. At least 40% of the fund's ******* ets will be invested in underlying funds managed by Hamilton Lane.

#lane

Coca-Cola announced plans Tuesday to invest $10 billion in U.S. infrastructure between 2026 and 2030, covering new and expanded production, distribution and office facilities across the country.
That $10 billion commitment is calculated across the full Coca-Cola system — meaning it rolls in spending by bottling partners and is not limited to the parent company's own capital budget, according to Reuters. In July, the company forecast its own capital expenditure at approximately $2.2 billion for the fiscal year. Projects covered by the broader $10 billion commitment include previously announced work in Rancho Cucamonga, California; Colorado Springs, Colorado; Indianapolis, Indiana; Birmingham, Alabama; Coopersville, Michigan; St. Cloud, Minnesota; Orlando, Florida; and Webster, New York, the company said.
The announcement accompanied an independently commissioned study measuring the Coca-Cola system's 2025 economic contributions in the United States. The study found the system contributed $85 billion to U.S. gross domestic product — roughly $10 million in economic activity per hour — and supported nearly 1 million jobs, the company said. Rounding out the economic picture, the system directed roughly $37 billion toward American suppliers and channeled $177 million into community initiatives via The Coca-Cola Foundation and the Coca-Cola Scholars Foundation.
"This ****** sment reinforces what we see every day: the Coca-Cola system is deeply rooted in America and continues to deliver meaningful value for the people and communities we serve," John Murphy, president and chief financial officer of The Coca-Cola Company, said in a statement.
The company said its production network spans more than 70 facilities and hundreds of distribution centers across all 50 states, Washington, D.C., and Puerto Rico, with the system's economic contributions exceeding $1 billion in 25 states. The study was conducted by Steward Redqueen.

#billion #economic #across #study

Palantir Technologies (PLTR) and Nebius Group (NBIS) have joined forces in a partnership that directly supports both companies' growth stories. Palantir gets a compute partner that can support its push into sovereign AI, while Nebius gains access to a prominent enterprise distribution channel through Palantir. That makes the deal appear straightforward and mutually beneficial on paper. Still, both stocks face growing investor skepticism. Palantir's valuation remains a major point of debate among investors, and Nebius still needs to show that its capital-heavy build-out will eventually lead to durable profitability.
Palantir has designated Nebius as its preferred sovereign AI infrastructure partner. The company plans to integrate Nebius' compute and inference endpoints into the Palantir enterprise perimeter following an integration period. The partnership will allow eligible Palantir customers to use Nebius' infrastructure while maintaining control over their own compute, models, and data. The companies will also collaborate to expand compute capacity more quickly, including through modular data center builds at sites with available power.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Billionaire Charlie Munger, Who Died at 99, Skipped Insurance on His Mansion Since He Could Just Write a Check to Rebuild — 'All Intelligent People Do It My Way'
The EV Bubble Has Burst. How to Play Rivian Stock Now.

#palantir #compute #still

Our ****** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Delivered total revenue growth of 1.1%, marking the second consecutive quarter of expansion as the Project Sunshine transformation gains traction.
Direct segment revenue grew 8% with comparable sales up 9.2%, serving as the primary indicator of customer resonance with new product and marketing strategies.
Gross margin expanded by more than 40 basis points (excluding tariff refunds) through disciplined pricing, promotion governance, and improved product ****** ortment productivity.
Indirect channel revenue contracted 39% due to intentional shifts in marketplace strategy and a strategic reduction in liquidation sales to protect brand equity.

#tell

On September 10, Canaccord cut its price target for The Lovesac Company (NASDAQ:LOVE) from $22 to $20 but maintained its Buy rating on the stock. This update came after the company reported its financial results for the second quarter of fiscal 2027, which ended August 2, 2026.
Canaccord noted that the company's fiscal Q2 results were in line with expectations. Revenue and adjusted EBITDA were both within the company's guidance and close to consensus estimates. The company received $21 million in IEEPA tariff refunds, which helped lift gross margins and earnings above consensus.
The Lovesac Company (NASDAQ:LOVE) reported net sales 0.4% higher than the prior-year period. This slight increase was mainly driven by 14 net new showrooms, although this was partly offset by a 1.9% decline in omni-channel comparable net sales and the closure of the company's Best Buy shop-in-shop locations. During the quarter, the company opened five additional showrooms and closed two.
The company reported net income of $7.4 million in the second quarter, compared with a net loss of $6.7 million in the same period last year. Operating income also improved to $10.9 million from an operating loss of $8.8 million a year earlier.
Gross profit rose 21.7% year-over-year while gross margin expanded to 68.4% of net sales from 56.4%, an increase of 1,200 basis points. The improvement was largely driven by IEEPA tariff recoveries, which contributed 1,240 basis points to gross margin. Excluding those recoveries, gross margin was 56.0%, down 40 basis points from the prior-year period.

#year #sales #period

Carter's unveiled a new brand identity and marketing campaign on Tuesday, as the children's clothing company works to attract a younger generation of parents and build on a recent business turnaround.
The rebrand centers on a new brand promise — "Let every child's light shine" — and a refreshed logo in which a shooting star replaces the apostrophe in the Carter's wordmark, the company said. A new 60-second film called "Watch Them Glow" will debut across connected television as the first major marketing expression of the new direction.
Chief Marketing Officer Sarah Crockett told CNBC that the company sees a significant shift in its core customer base. Gen Z is expected to account for a large share of new parents over the next several years, according to Carter's, and those parents tend to let children make their own clothing choices and turn to social media for guidance.
"We had an opportunity to really tap into the values that parents are bringing into the household," Crockett told CNBC.
The new identity will begin rolling out across Carter's channels in 2026, with additional retail, product, and packaging elements to follow in 2027, the company said. Carter's is also launching a creator program called Light Makers, featuring voices across North America, and expanding partnerships with organizations including Outward Bound and Boys & Girls Clubs of America.

#parents #Marketing #cnbc #America

With a market cap of $22.4 billion, Church & Dwight Co., Inc. (CHD) is a leading developer, manufacturer, and marketer of household, personal care, and specialty products. Best known as the U.S. leader in sodium bicarbonate production, the company's portfolio includes iconic power brands such as ARM & HAMMER, Trojan, OxiClean, Waterpik, and Vitafusion.
Companies valued at more than $10 billion are generally considered "large-cap" stocks, and Church & Dwight fits this criterion perfectly. Operating across domestic, international, and specialty product segments, Church & Dwight serves consumers worldwide through retail, e-commerce, and industrial distribution channels.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.

#hammer #oxiclean

Our ****** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Launched ReefIQ in June as a proprietary substrate layer designed to convert unstructured biological data into structured representations for pharmaceutical AI models.
Transitioned the commercial strategy from discrete fee-for-service projects to broader platform partnerships where MindWalk participates in the long-term economics of created ****** ets.
Achieved a significant infrastructure milestone by validating OpenFold3 on AMD Instinct MI325X GPUs, enhancing discovery scale and ReefIQ's biological context layer.
Leveraged a deep wet-lab discovery franchise, including relationships with 19 of the top 20 global pharma companies, as a primary distribution channel for new AI platform adoption.

#june

Our **** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Launched ReefIQ in June as a proprietary substrate layer designed to convert unstructured biological data into structured representations for pharmaceutical AI models.
Transitioned the commercial strategy from discrete fee-for-service projects to broader platform partnerships where MindWalk participates in the long-term economics of created **** ets.
Achieved a significant infrastructure milestone by validating OpenFold3 on AMD Instinct MI325X GPUs, enhancing discovery scale and ReefIQ's biological context layer.
Leveraged a deep wet-lab discovery franchise, including relationships with 19 of the top 20 global pharma companies, as a primary distribution channel for new AI platform adoption.

#reefiq

Browns' head coach Todd Monken channeled his inner Dan Hurley in today's postgame press conference. After the Browns were thoroughly beaten and flat-out embarrassed by the Jacksonville Jaguars, Monken sent out a warning to the rest of the league.
In his opening statement, Monken said, "You better get us now," in reference to the Browns potentially not having much skill on their roster this year. Now, I am usually all for a coach having confidence and, more importantly, being vocal about it, but this may not have been the time or place for this.
The Browns were zero percent competitive on Sunday.
They showed a little bit of life for four plays on offense before they were totally incompetent on that side of the football, only to be coupled with a horrific performance on defense to boot.
If that game today were played 100 times, the Jaguars would win 99 of them, and that's simply thanks to the law of averages. The Browns were horrible today, and frankly, there is not all that much to be optimistic about going forward.

#Browns #coach #much #hurley

The stars will be in Surrey (England) this week as an absolutely stacked field competes at the BMW PGA Championship.
144 players will tee off at Wentworth Club this week looking for a piece of the $9 million purse at stake on the DP World Tour.
The high-powered field includes, Rory McIlroy, Shane Lowry fresh off his Amgen Irish Open victory, Brooks Koepka, Alex and Matt Fitzpatrick, Patrick Reed, Ryan Fox, Aaron Rai, Tommy Fleetwood and defending champ Alex Noren. And, that's just the list we could fit on two hands.
Here's how you can watch the BMW PGA Championship on Golf Channel and Golf Channel mobile (ET):
Thursday, Sept. 17:

#alex #field #england

On August 6, The RealReal (NASDAQ:REAL) reported second quarter results that beat its own outlook and pushed the resale luxury marketplace to raise its full year guidance. Gross merchandise value hit an all time high of $617 million, up 22% from a year earlier, and management pointed to four straight quarters of GMV growth above 20%. But a wider net loss sitting next to those record numbers complicates the story for anyone weighing the stock today.
The headline number is GMV of $617 million for the quarter ended June 30, up 22% year over year, with total revenue climbing 17% to $193 million. Consignment revenue grew 15% while Direct Revenue, the company's owned inventory channel, grew 26%, showing both sides of the business contributing to the acceleration. Profitability moved in the same direction. Gross margin reached 74.4%, up 10 basis points from a year ago, and Adjusted EBITDA margin jumped to 7%, a 290 basis point improvement that management called nearly 300 basis points of expansion.
The buyer base backs up the growth story rather than just the pricing. Trailing twelve-month active buyers rose 11% to 1,107,000, and average order value climbed 13% to $659, meaning existing shoppers are spending meaningfully more per transaction, not just showing up more often. That combination gave management enough confidence to raise full-year guidance to $2.54 billion to $2.57 billion in GMV and $788 million to $797 million in total revenue, alongside third-quarter Adjusted EBITDA guidance of $13.5 million to $14.5 million.
Despite the operating improvements, GAAP losses widened. Net loss came in at $27 million, or 14.1% of total revenue, compared to $11 million, or 6.9% of total revenue, a year earlier. GAAP basic net loss per share was $0.23 versus $0.10 in the prior year period, and diluted net loss per share was $0.23 versus $0.13. Much of that swing traces to a $(18.6) million non-cash adjustment tied to the change in fair value of warrant liability, a factor unrelated to how the underlying business performed. On a non-GAAP basis, basic and diluted net loss per share actually narrowed to $0.01 from $0.06, underscoring how much of the GAAP gap is accounting rather than operations.
There is also a transparency wrinkle in the guidance itself. The RealReal said it has not reconciled its forward-looking Adjusted EBITDA figures to GAAP net income or loss, citing components like payroll tax expense on employee stock transactions that it cannot predict with reasonable certainty. That leaves investors trusting a non-GAAP target without the usual bridge back to the bottom line.

#adjusted

On August 5, Clear Channel Outdoor Holdings Inc. (NYSE:CCO) reported second-quarter results that showed the billboard and airport advertising company accelerating just as it prepares to leave the public markets. On February 9, Clear Channel agreed to be acquired by an investor consortium advised by Mubadala Capital for $2.43 per share, a deal stockholders approved on May 12, and one expected to close by the end of the third quarter of 2026. Because of the pending Merger, Clear Channel skipped its usual earnings call and offered no forward guidance.
Consolidated revenue climbed 8.7% to $438.0 million in the quarter and 10.2% to $811.9 million over the first half, with the 2026 FIFA World Cup pulling in extra advertising spend across both of Clear Channel's segments. The America division, which houses the roadside billboard and street furniture business, grew revenue 7% to $324.3 million as demand from technology advertisers in the San Francisco/Bay Area market broadened out and digital billboard revenue rose 7.2% to $122 million. Airports revenue jumped 14% to $113.6 million, helped by strong demand at San Francisco
International Airport and digital sales that climbed 15.6% to $73.4 million, with national advertisers now accounting for 57.8% of that segment's revenue. Profitability grew even faster than the top line. Adjusted EBITDA rose 11.6% to $143.4 million for the quarter and 19% to $247.3 million for the first half, while Airports Segment Adjusted EBITDA jumped 22.8% to $29.9 million. Adjusted Funds From Operations climbed 61.6% to $44.9 million in the quarter, and for the first half it went from just $5 million a year ago to $51.5 million. On August 4, Clear Channel also closed the sale of its Spain business for about $132.3 million, proceeds it plans to put toward paying down debt.
The growth did not reach the bottom line. Clear Channel posted a loss from continuing operations of $10 million in the quarter, reversing a $6.3 million profit a year earlier, and the consolidated net loss came to $5 million versus net income of $10.6 million in the same period of 2025. Over six months, the loss from continuing operations widened 21.4% to $59.4 million. Costs rose alongside revenue. Direct operating and SG&A expenses increased 5.9% for the quarter, and Airports site lease expense alone jumped 12.0% to $67.1 million on higher minimum guaranteed payments and the renewed contract with the Metropolitan Washington Airports Authority.

#channel #revenue #airports #operations

We now know what time and how to watch the Homecoming clash between Penn State and Wisconsin on Saturday, September 26th. Earlier today, it was announced via the official PSU Football social media accounts that the Nittany Lions will face the Badgers at Beaver Stadium in a 5:00 PM EST kickoff that will be streaming on Peacock.
Understandably, this is frustrating news for those who don't already have a Peacock subscription and don't feel like plunking down additional money for another monthly streaming subscription just to watch one game. That being said, games that air on Peacock also air simultaneously on NBC Sports Network, a channel that is readily available on Comcast Xfinity, YouTubeTV, and Fubo. So, if you already are a subscriber to one of those aforementioned streaming services, you should be good to go.
The last time these two teams collided was on October 26th, 2024, when PSU went into Camp Randall Stadium for a nighttime showdown that saw Beau Pribula step in for an injured Drew Allar after halftime and along with a pick-six by Jaylen Reed and some strong running from Kaytron Allen, help guide the Nittany Lions to a 28-13 win to keep their College Football Playoff hopes intact.

#Football #already

On September 10, Lovesac (NASDAQ:LOVE) reported record second quarter revenue of $161.2 million, its highest Q2 total ever, even as its entry-level furniture shopper kept pulling back. The 0.4% sales increase came almost entirely from showrooms rather than higher-margin online orders, and the quarter's real profit boost was traced to a one-time source. A $20 million tariff refund lifted gross margin by 1,200 basis points to 68.4%, masking an underlying business that actually lost money once that windfall is stripped out.
Configurations priced above $6,000 grew by double digits during the quarter, even against a strong comparison from a year earlier, and management pointed to that segment as the clearest sign the brand's value proposition still resonates. Showroom net sales climbed 4.6% to $114.1 million, helped by 14 net new locations opened over the past year and a double-digit jump in conversion rates that offset softer foot traffic.
The Snugg platform, a smaller and more digitally oriented sofa line, helped push "other products" revenue up 198.2%, with more than half of Snugg sales happening online, giving Lovesac a lower-priced entry point into the brand. The Loved by Lovesac resale program is doing similar work, with 70% of its customers new to the company.
Behind all of this sits a pipeline of four major launches set for the second half: a personalized comfort feature for Sactionals, an entirely new large-format premium seating platform, Snugg accessories including a corner piece and swivel base, and the start of onshore Sactionals seat manufacturing, alongside a national rollout of White Glove and Room of Choice delivery. The balance sheet backs it up, with $68.8 million in cash, no debt, $34 million in unused borrowing capacity, and $7.2 million in buybacks with $46.9 million left under the current authorization.
Omni-channel comparable sales fell 1.9%, driven by demand pressure below $6,000, where management said inflation, higher interest rates, and a spike in gas prices have hit the same buyers for several quarters running. Internet sales dropped 5.3%, Sacs sales fell 8.6%, and the exit of the Best Buy shop-in-shop partnership cut "other" net sales by 23.2%. Strip out the tariff refund and adjusted EBITDA was actually a loss of $1.3 million, compared with income of $0.8 million a year earlier, a sign the core business is less profitable than the headline numbers suggest.

#million #quarter #revenue

On September 10, MasterCraft Boat Holdings (NASDAQ:MCFT) reported a fiscal fourth quarter that looked nothing like the one a year earlier. Adjusted EBITDA more than doubled, margins expanded across the legacy business, and the company closed out a year defined by its May 15 acquisition of Marine Products Corporation. But buried inside those same results was a $10.1 million writedown that tells a very different story about one corner of the business.
MasterCraft's core boat business is the reason the quarter worked at all. Legacy net sales, meaning the business before the acquisition, climbed 21.5% year over year to $96.6 million in the fourth quarter, powered by the next generation X Series lineup and less discounting at the dealer level. That combination of volume and pricing pushed legacy adjusted EBITDA margin up 730 basis points to 19.3%, up from 12% a year earlier. Once the newly acquired Chaparral and Robalo brands are added in, which contributed for only six weeks after the deal closed on May 15, consolidated fourth quarter net sales reached $129.9 million, up 63.4%, and adjusted EBITDA hit $20.5 million, up 114.9%.
The company also cleaned up its channel. Dealer field inventory for the legacy business fell 30% year over year, with turnover now running ahead of pre-pandemic levels, a sign dealers are selling boats rather than sitting on them. Full-year adjusted net income reached $30.2 million, or $1.76 per diluted share, up from $15.1 million, or $0.92 per share, in fiscal 2025. The company generated $22.3 million in free cash flow for the year and, as of June 30, held $43.9 million in cash, zero debt, and a fully available $75 million credit line. MasterCraft's own retail sales grew low single digits for the year even as the broader powerboat industry fell mid to high single digits, and the newer Robalo brand posted high single-digit retail growth in the fishing boat category.
The picture gets murkier once you look past the flagship brand. The Leisure segment, home to the Crest and Balise pontoon boats, saw fourth-quarter sales fall 11.2% year over year to $12.1 million, and the company booked a $10.1 million non-cash impairment against Crest brand ******* ets tied to what management called current category conditions. On a GAAP basis, that charge combined with acquisition costs and purchase accounting adjustments turned the quarter into a net loss of $7 million, or $0.35 per diluted share, compared to net income of $5.5 million a year earlier. Operating expenses rose $23.1 million in the quarter, including $5.9 million in transaction costs tied to the acquisition.

#million #legacy

Jalen Hurts is lending his voice to Ryan Clark's next chapter in sports media.
The Eagles quarterback joined Odell Beckham Jr. in helping narrate Clark's announcement for The Pivot Sports, a new extension of the media brand Clark has built alongside former NFL players Fred Taylor and Channing Crowder. The Pivot Sports was scheduled to premiere Monday at 2 p.m. EDT on the podcast's YouTube channel. Clark announced the launch through social media, thanking supporters who encouraged him following his departure from ESPN and describing the project as something created for those who continued backing him.

#clark #hurts #Eagles #odell

Kai Cenat has already conquered the Twitch world, becoming the platform's most-subscribed streamer with over 21 million followers. On Saturday, Sept. 12, he made his official foray into fashion as his clothing label, Vivet, held its first-ever runway show at New York Fashion Week, which was attended by Ms. Lauryn Hill, Law Roach, and Jaden Smith.
The 24-year-old influencer livestreamed the show across his social media channels, bringing in close to 800,000 viewers from Twitch alone. He's accumulated his following from livestreams where he'd do everything from acting out comedic skits, playing video games, talking to his fans or interviewing A-list celebrities like LeBron James, Mariah Carey, Nicki Minaj, Kevin Hart and Ice Spice.

#twitch #lauryn

The SEC has announced kickoff times for Week 4 games across the conference. The Georgia Bulldogs' highly anticipated home game against the Oklahoma Sooners on Sept. 26 will be at 3:30 p.m. ET and will be televised on ABC or ESPN.
The TV channel for the Georgia-Oklahoma game will be determined after Week 3 games are played on Sept. 19. The other game that could be aired at 3:30 p.m. ET on ABC or ESPN is the Ole Miss versus Florida game.
The Texas A&M Aggies' road trip to play the LSU Tigers instead earned the primetime slot on ABC at 7:30 p.m. ET. LSU is going to play in a ton of primetime games this season with a large portion of college football's media heavily focusing attention on head coach Lane Kiffin.
Georgia is 2-0 to start the season with dominant wins over inferior opponents. Oklahoma is 1-1 and lost their recent road game at the Michigan Wolverines 17-10. Georgia opens its SEC slate in Week 3 at Arkansas while Oklahoma plays New Mexico at home.
TV channel: ABC or ESPN

#home

Lorenzo Bettoni and Giancarlo Rinaldi look back on an action-packed weekend in Serie A, discussing some of the major talking points from the latest round of fixtures.
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REGGIO NELL'EMILIA, ITALY – SEPTEMBER 13: Vasilije Adzic of US Sassuolo celebrates winning the match against Juventus with his teammates Jay Idzes and Nemanja Matic during the Serie A match between US Sassuolo and Juventus at Mapei Stadium – Citta' del Tricolore on September 13, 2026 in Reggio nell'Emilia, Italy. (Photo by Emmanuele Ciancaglini/Getty Images)
Juventus suffered a 3-2 defeat away to Sassuolo in an entertaining encounter, while Milan produced an impressive fightback at Lazio. The Rossoneri found themselves two goals behind but battled back to secure a 2-2 draw and take a valuable point from the Olimpico.
Napoli, meanwhile, continued their positive start with a narrow 1-0 victory over Bologna, adding another three points to their tally in a tightly contested match.

#serie

The first week of the 2026 NFL regular season concludes tonight with a key matchup between two AFC West rivals.
The Kansas City Chiefs will travel to the Denver to play the Broncos. The division is hotly contested this season. The Broncos dominated the division last season, going 14-3 on the season.
The Chiefs, meanwhile, slumped to 6-11 with star quarterback Patrick Mahomes having arguably the worst season of his Hall of Fame career. Mahomes is coming back from a a torn ACL in his left knee.
Still, you can't discount a three-time Super Bowl champion. What channel is "Monday Night Football" on tonight? Here's everything to know about the final NFL game of the week:
TV channel: ESPN, ESPN2, ABC

#tonight #division #channel #kansas