Exxon's Q2 profit doubled to $15 billion and Chevron's nearly quadrupled to $12 billion, combining for roughly $27 billion as Brent crude peaked at $126.
Gas averaged $4.28 a gallon on Oct. 19, up 40% year-over-year, with 73% of likely voters disapproving of Trump's handling of prices.
A Dallas Fed model estimates a 15% global oil supply disruption cuts annualized US real GDP growth by about 0.3 points.
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#dallas #nearly #combining

On this day in 1988, it was announced that Sunderland made more than £250,000 in profit during the previous year on the way to clinching the Third Division Championship.
The year before saw a loss of around £125,000 – when the club was relegated from the Second Division for the first time in its history – the accounts released on this day in 1989 showed a turnaround of £375,000.
Increased match receipts of £450,482 and an interest-free loan of £600,000 by chairman Bob Murray were mostly responsible for the club showing a profit for the first time since 1985.
Average gates increased by around 4,000 to 17,426 to provide match receipts of £1,212,118, and though transfer fees were down on the previous year, the turnover increased by £233,273. The **** ets of the club stood at £39,224, the first positive figure since 1974, and this was a far healthier position than the previous year when net liabilities stood at £860,818. This pleased the chairman:
It's been worked for. There is still a long way to go despite turning a £½m loss in a period of 13 months ago into a profit of £250,000. I don't want to see Sunderland Football Club financially embarrassed again. I have been there when the hotel bill had to be paid before the players arrived. I don't want the club to be **** ociated with that sort of thing.

#year #increased #first

James Attwood: I don't really see how. Sure, the Brewers are a smaller market than the Dodgers. They have a much smaller payroll. But, if anything, the Brewers advancing is only going to fuel the MLBPA to get even stickier about trying to control salaries in any way, shape, or form. Also, even though plenty of fans and pundits like to give MLB front offices a hard time about making stupid decisions, those offices are by and large, stacked with incredibly intelligent people. Those people are going to be able to take a step back and recognize that one season's playoff picture is hardly a sample size large enough to be called indicative of the sport moving forward. There were questions after Arizona went to the World Series in 2023 about whether or not MLB had done enough to create obstacles for Wild Card teams in the playoffs, all because Arizona steamrolled the Brewers and Dodgers. This year, pundits are calling for the entire seeding system to be blown up because there was a team with a .500 record that not only made the playoffs, but won their division outright. Single seasons may bring some oddities, but they are usually not indicative of the reality of the game's overall health.
I suspect, both the ownership side of things and the MLBPA have already drawn their battle lines and have already started crafting their arguments. This outcome in the playoffs will do more to feed the online debates between fans and pundits than it will do for or against the CBA negotiations.
C. Wesley Baier: I think it will impact the CBA negotiations, but how much is the real question. I would be shocked if the MLBPA didn't use this as evidence against a salary cal, but I cant say if it wil be all that successful of a tactic.
Spencer: Nope. Anything can happen in a small sample size. Owners are greedy and want to abuse their employees/customers for profit still. Players are greedy and only care about the uppermost tiers of earning power. Fans will quiet down a little, but fan opinion and outrage has never been a driving force for either side.
Justin27: FTD

#brewers #only #Dodgers

From Resy to Empathy Wines, VaynerX chairman Gary "GaryVee" Vaynerchuk knows how to build a profitable business. But up until now, the serial entrepreneur and YouTube star's work has been based largely on impersonal ideas.
Enter VeeFriends, the business that Vaynerchuk has wanted to own since he was a kid.
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#comic

When a farm sells for a lump sum, IRS rules split proceeds across five ******* et types, and only market cattle profits count as Social Security self-employment earnings.
In a hypothetical sale generating $500,000 in gains, only $100,000 from market cattle counts toward Social Security's earnings test, while land and equipment gains register $0.
Land gains escape the Social Security earnings test but still raise adjusted gross income, potentially making up to 85% of benefits taxable.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
Freeman Family Ranches covered 87,953 acres across the North Texas and Oklahoma panhandles. The three properties, in the family for four generations, sold in late July after being listed at nearly $128 million.

#Social #gains #family #market

Pfizer paid $9.8B in dividends in 2025 while earning only $7.7B in net income, marking the third straight year its payout exceeded its profit.
Icahn Enterprises yields near 30% but lost money every year from 2021 to 2025 and has already slashed its quarterly payout from $2.00 to $0.50.
Dow halved its dividend yet still failed to cover it from operating cash in 2025, posting a $2.6B net loss the same year.
Building a portfolio and living off one are two completely different skills, and almost **** ody teaches the second. This problem is what The Definitive Guide to Retirement Income helps, and it is free today. Read more here. (Sponsor)
Pfizer (NYSE:PFE) paid $9.771 billion in dividends in 2025 and earned net income of $7.746 billion. That was the third straight year the payout ran ahead of profit. When this repeats year after year, it is company policy. A high yield lasts only as long as the cash behind it does.

#year #pfizer #only

Princess Diana's friend has slammed Charles Spencer's book, "Swan Song: Diana, My Sister," dedicated to his late sister. For those unversed, Spencer penned a memoir chronicling Princess Diana's experience being married to King Charles, dealing with intense media scrutiny and her tragic passing. Ever since the book was released on September 22, it has been making headlines.
Princess Diana's friend berated Charles Spencer and branded him as "deeply disloyal" for writing a book about his late sister. In a 1998 TV special with Sally Magnusson, Spencer had declared that he would never profit off his sister's death and thought it was "low."
Royal commentator Ingrid Seward was once a good acquaintance of Diana and had spent time with her shortly before her tragic death in 1997. Seward told The Royal Observer's Palace Unfiltered: "I think that Charles has been deeply disloyal, writing about his sister, putting himself up there, and then to attack the king was so unnecessary. I don't know if what he's saying is accurate, but you know, memory does change over the years."
The Daily Mail published an excerpt, detailing an explosive phone call between Spencer and King Charles over Diana's funeral preparations. As per Spencer, Charles retorted, saying: "Rest **** ured, we will forget her soon enough."
Diana's brother said he was "stunned" by Charles' harsh words for the mother of his children. Additionally, he also claimed the King sounded "giddily elated, like a lottery winner," just after her death.

#king #princess #diana

American Tower Corporation (NYSE:AMT) traded at around $165 on October 6, within five dollars of its 52-week low of $160.06.
The company keeps 45.41% of revenue as operating profit on a portfolio of communications towers leased to wireless carriers. A business that profitable sitting at a 52-week low is usually a disagreement about the future rather than the present.
READ ALSO: What is eBay's (EBAY) Economic Moat, and is it Widening or Narrowing?
A tower is difficult to replicate for reasons that have nothing to do with engineering. Local authorities restrict where new structures can go, so an existing site near a highway or a dense suburb cannot simply be copied next door.
The economics follow from that scarcity. The first tenant on a tower covers the construction and the ground lease, and each additional tenant is close to pure margin. Gross margin of 73.77% is what that layering produces, and the 45.41% operating margin is what survives after the overheads.

#NYSE

AbbVie Inc. (NYSE:ABBV) was trading at around $263 on October 5, up 14.18% over twelve months. Its payout ratio is 190.40%. The company distributes nearly twice what it reports as profit.
A dividend that large is either about to be cut or is being paid out of something the earnings line does not show.
READ ALSO: Here is Why Tripadvisor (TRIP) is a Bad Investment at Today's Price
AbbVie reported net income of $6.27 billion and generated $16.87 billion of free cash flow. Dividends are paid from the second number, so a ratio measured against the first is describing depressed earnings rather than a company living beyond its means.
The margins show what depresses them. Operating margin is 40.04%. Net margin is 9.80%. Thirty points vanish between those lines, and where they vanish matters. Costs that high sitting below the operating line are not the business failing to earn. They are the amortization of a drug portfolio AbbVie bought rather than discovered, plus interest on the debt that bought it.

#paid

The Boeing Company (NYSE:BA) was trading at around $193 on October 5, down 11.91% over twelve months. Boeing reported net income of $2.09 billion over the past twelve months. Its EBITDA over the same period was negative $2.9 billion.
Those two figures describe the same year and point in opposite directions. Only one of them tells you what the business did.
READ ALSO: GE Aerospace (GE) vs. RTX (RTX): Which Is the Better Stock to Buy?
Start with the figure that describes the aircraft business itself. Boeing's operating margin is 0.00%. On $93.99 billion of revenue, building and selling airplanes earned nothing.
That is not a rounding problem. Gross profit was $4.43 billion on that revenue, under five percent for a manufacturer, which means the cost of building the aircraft very nearly equals what customers pay for them.

#same

Apple (NASDAQ: AAPL) is recognized as one of the world's most elite businesses. And as a result of its success, investors have profited immensely. The consumer discretionary stock has soared 1,070% in the past decade (as of Oct. 2).
But the company's capital allocation policy also favors investors in another minor way, one that brings in an income stream. Here's how many Apple shares you'd need to make $10,000 in yearly dividends.
Missed AI's "Act 1"? Act 2 Could Be 14x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ****** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
Apple currently pays a dividend that totals $1.08 per share on an annual basis. This means that investors would need to own 9,259 shares to generate $10,000 in yearly income. At the current stock price of $331.22, investors must fork over almost $3.1 million to buy enough shares.
Clearly, Apple isn't a compelling dividend stock. Its dividend yield is extremely low at 0.32%. However, the payout has grown by 89% in the past 10 years.

#investors #Stock #income #yearly

Frank Fitzpatrick bought ~200 shares of Berkshire Hathaway (BRK-B) at $40 in 1976, sold after 14 months when the stock doubled, then bought back in at a higher price.
Fitzpatrick used his Berkshire gains to buy a Lake Tahoe lakefront home, fund an education nonprofit, and leave shares to his two children.
Fitzpatrick's habit of running back to Berkshire despite a painful early exit shows temperament, not timing, drives long-term investing success.
Building a portfolio and living off one are two completely different skills, and almost ******* ody teaches the second. This problem is what The Definitive Guide to Retirement Income helps, and it is free today. Read more here. (Sponsor)
In 1995, a family gathered on the deck of a newly purchased lakefront home in Lake Tahoe, Nevada. According to The Wall Street Journal, they came together "for a group hug and said, 'Thank you, Warren'". The homeowner was Frank Fitzpatrick, a Lake Tahoe tax lawyer known to friends as "Forty-Dollar Frank."

#tahoe #shares

Carey Mulligan and Marcus Mumford raised $7.65 million on Sunday night in Los Angeles for Children in Conflict, a nonprofit organization dedicated to protecting, educating and providing mental health support to children living in war zones and high-conflict areas.
The couple hosted their annual star-studded Wassail benefit for the first time in Los Angeles. Previously held in London and New York, the evening took place at the El Rey Theatre.
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#conflict #first #carey #mulligan

Ari Kytsya has never pretended that making adult content is all big checks, flexible hours, and glamorous trips. Long before the allegations surrounding the so-called "Cornell 7" case reignited a national conversation about consent, exploitation, and women's safety, the TikTok personality warned that adult creators can face harassment, privacy violations, predatory contracts, and frightening encounters with people who refuse to let their online relationships remain online.
Kytsya has not publicly connected her experiences to the Cornell case. However, her warnings offer another look into the risks women say they face when money, **** , and entitlement collide.
ZUMAPRESS.com / MEGA
Kytsya, who has built an audience of millions across TikTok and other social media platforms, has been unusually open about the realities of working in the adult-content industry. In a video highlighted by Yahoo Entertainment, the OF creator pushed back against the idea that selling explicit content offers an easy path to wealth. "This job is not easy money," she declared, arguing that she works just as hard, or harder, than she did in her previous jobs.
Kytsya also claimed that some creators lie about how much they earn. According to her, those making significant amounts of money generally entered the industry with an established audience rather than building a profitable account from nothing. Even successful creators cannot depend on a consistent paycheck, she explained. One month's income can be extremely high, then fall dramatically the next.

#money #TikTok #case #face

Chuck Lorre's remarks about President Donald Trump at a Los Angeles charity gala have drawn a White House response. The creator of The Big Bang Theory and Two and a Half Men called Trump a "bloated orange piece of s--- in the White House" during Project Angel Food's Sept. 26 Angel Awards, according to Entertainment Weekly.
White House spokesperson Davis Ingle told Fox News Digital that Lorre should "seek psychiatric help," accusing him of "Trump Derangement Syndrome." TheWrap reported the reply on Oct. 3.
The gala took place at The Chuck Lorre Family Foundation Kitchen & Campus. Project Angel Food's meal program serves seriously ill people across Los Angeles County at no cost to clients, with dietitians and chefs developing menus around their medical needs.
Director Nikki Lorre presented her father with the Founders Angel Award, the organization's highest honor. The nonprofit says it has bestowed the award only once before, on founder Marianne Williamson and her co-founders.
In the political portion of his speech, Lorre said he wanted a government that prioritized citizens' health and welfare. He also made jokes about Trump's health and directed personal insults at first lady Melania Trump, according to TheWrap's account.

#lorre #chuck #project #award

If you grew up glued to your TV screen or scanning movie posters at your local cinema, these actresses probably defined your weekends and rewrote the rules for what it meant to be a star. From sitcom sweethearts and cult movie icons to queens of the rom-com and acclaimed drama, the women highlighted here dominated the spotlight and captured our imaginations. Their stories are still making headlines — and their presence continues to shape Hollywood, long after their breakout roles.
MEGA
As a mainstay of teen comedies such as American Pie and Scary Movie, Shannon Elizabeth left a mark with unforgettable performances that kept audiences laughing and rooting for her. Off-screen, she co-founded the Animal Avengers nonprofit in 2001 to rescue and rehabilitate animals, and later moved to South Africa to focus on wildlife conservation, as reported by Yahoo! Entertainment.
O'Connor/AFF-USA / MEGA
Jaime Pressly brought comedic chops and sharp wit to sitcoms and movies alike, earning awards and critical praise for her roles. Her portrayal of Joy Turner on NBC's My Name Is Earl earned her a Primetime Emmy Award for Outstanding Supporting Actress in a Comedy Series in 2007, along with nominations for a Golden Globe and a Screen Actors Guild Award, according to UPI.

#screen #movie

Victoria Beckham celebrated her latest Paris Fashion Week show by thanking the family members and friends who joined her for the night.
David Beckham sat in the audience with Romeo, Cruz and Harper as Victoria presented her Spring/Summer 2027 collection at the Conciergerie on Oct. 2. Romeo's girlfriend Kim Turnbull and Cruz's girlfriend Jackie Apostel were also part of the family gathering.
After the show, Victoria shared a group photograph and wrote, "To my friends and family, I feel so blessed to have you all by my side ******* ." Brooklyn Beckham and his wife, Nicola Peltz Beckham, were not in the picture or at the runway presentation despite being in Paris for Fashion Week.
The show came during an important period for Victoria's fashion business, which recently reached profitability for the first time since the brand was founded in 2008.
David shared his own message after the show, praising Victoria's work and telling her the family felt lucky to be part of the evening.

#Victoria #family #david #girlfriend

This summer, we took a family vacation to Oregon to hike in the Pacific Northwest. Not surprisingly, we saw a bunch of people decked out in clothing made by Columbia, the huge sportswear company founded in Portland in 1938, and named for the nearby river.
We also saw a lot of people wearing Patagonia clothes. Named after the vast geographic region at the southern tip of South America, shared by Argentina and Chile, Patagonia was founded by climber Yvon Chouinard in 1973 to provide durable climbing equipment and outdoor wear. The company heavily supports environmental causes and donates profits from the sale of their jackets, fleeces and other gear to ecological protection. The company even sued President Trump in 2017, for shrinking federal lands protections.
In addition to environmental causes, Patagonia has also championed the LGBTQ community by partnering with the Human Rights Campaign to oppose state legislation targeting their rights. This summer, though, the company sued one member of that community.
Wyn Wiley is an activist from Bend, Oregon, who focuses on environmental and LGBTQ+ issues, promoting acceptance of queer identities in the environmentalist and outdoors communities, and promoting awareness of climate change and its effects.
In October of 2018, Wiley created the character Pattie Gonia and produced short-form outdoors activism content on Instagram and TikTok, while dressing in drag. The first posted video garnered more than 100 million views. Pattie Gonia has 1.8 million Instagram followers and claims to have raised $3.7 million for environmental causes, including $1 million raised last year on a 100-mile hike. In 2022, Pattie Gonia partnered with The North Face, another outdoor gear juggernaut, for their 2022 "Summer of Pride" series, which consisted of outdoor community-building events focused on local LGBTQ+ engagement and acceptance.

#lgbtq #summer

Prince Harry is back in the spotlight after his eco-travel initiative, Travalyst, reported a five-figure loss. The Duke of Sussex launched the non-profit venture in 2019 with the goal of making travel more sustainable. Travalyst has maintained that the loss was planned and formed part of an investment in the organization's future.
According to RadarOnline.com, citing Travalyst's latest annual accounts, the organization recorded a loss of around $17,000 (£13,542) in 2025. The result represented a reversal from the previous year's stronger financial position.
A Travalyst spokesperson characterized the deficit as planned and relatively small, saying, "It was a planned and small loss of £13,000, very typical of a lean, not-for-profit organisation, making a critical investment for the future." The spokesperson continued, "Travalyst remains confident in its financial oversight and strength of its partnerships."
Questions surrounding Harry's role in the venture have persisted since 2023. The Duke of Sussex was reportedly absent during the organization's "pilot phase," which saw five new board members join with "world-class expertise." He has also become less visible as the venture's public face, with his most recent appearance in a promotional video dating back to May 2022.
Harry and his wife Meghan Markle's documentary, "Cookie Queens", also reportedly failed at the box office. In an interview with Page Six, royal commentator Kinsey Schofield advised the couple to "disappear professionally."

#planned #sussex

By Waylon Cunningham
NEW YORK, Sept 29 (Reuters) - McDonald's is increasingly using artificial intelligence to guide menu prices across the U.S. and some global markets, a plan that aims to boost headquarters' profit but risks alienating customers and attracting antitrust scrutiny.
One pricing factor supercharged by AI: an estimate of how much each store's patrons are willing to pay.
The details of how that pricing system works, its extensive use of AI, the company's regulatory concerns and the tensions with its franchisees haven't been previously reported. For this story, Reuters reviewed screenshots of the company pricing engine taken in August and interviewed nine sources with first-hand knowledge of the burger chain's strategy.
McDonald's pricing ‌engine uses machine-learning algorithms to continually ****** yze data from millions of daily transactions across McDonald's nearly 14,000 restaurants and generate what the company calls "the optimal price" at each location for each menu item, from Big Macs to discounted coffee for seniors.

#pricing #company #engine #cunningham

Shares of AutoZone (NYSE: AZO) rose on Tuesday after the automotive replacement parts and accessories distributor reported stronger-than-expected profits.
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ****** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
AutoZone's net sales grew 5.6% year over year to $6.6 billion in its fiscal 2026 fourth quarter, which ended on Aug. 29.
The auto-parts purveyor opened 175 stores during the quarter and a total of 374 over the trailing 12 months. AutoZone ended the period with 8,031 stores, including 6,863 stores in the U.S., 1,001 in Mexico, and 167 in Brazil.
Additionally, same-store sales, which measure revenue from locations open for at least a year, increased by 2.7%, or 1.5% when excluding foreign currency fluctuations.

#year #autozone #quarter #NYSE

Investors eager to buy into the futuristic vision of profitable driverless vehicles will get their chance soon. May Mobility is aiming to become the first U.S. publicly listed pure-play option for an autonomous ride-hailing technology company. It is poised to go public through a special purpose acquisition company (SPAC), merging with ACP Holdings Acquisition (NASDAQ: ACGC) that values the combined company at roughly $1.4 billion.
It's expected to operate as May Mobility. trading on the Nasdaq exchange under MAY. But before investors get too excited, let's pump the brakes and take a look at the details.
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ***** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
It's easy for investors to get excited about the opportunity, but many might not be aware of the potential market size or growth prospects. The global robotaxi market is projected to reach about $415 billion by 2035, with the U.S. accounting for a roughly $48 billion slice of that pie. The fleet of U.S. commercial autonomous vehicles (AVs) is projected to expand from only about 4,000 vehicles currently to around 35,000 by 2030 -- or about 8% of the ride-sharing market.
A year ago this month, Bank of America projected that the long-term U.S. total addressable market (TAM) for AV ride-hailing is a trillion-dollar opportunity as companies such as May Mobility aim to replace the drivers that take roughly 70% of every fare. It's also important for investors to realize how early in the game this is: Alphabet's Waymo, with an estimated $350 million in annualized revenue, would represent only about 0.5% of U.S. ride-hailing bookings.

#vehicles #company #roughly #billion

For the recently reported second quarter, PicS N.V. (NASDAQ:PICS) outperformed relative to its previous guidance across all profitability metrics. The total account base for the company went up to 70.4 million during the second quarter, showcasing a 10% jump from the prior year. Moving on to the bottom line figures, the adjusted earnings before tax, without factoring in costs ******* ociated with stock-based compensation came in at R$291 million for the quarter. This represented a 2.1% outperformance relative to the company's R$285 million guidance. Similarly, compared to the R$245 million projection, adjusted net income for the period actually stood 15.5% higher at R$283 million.
welcomia/Shutterstock.com
The second quarter concluded with strong financial and operating momentum for PicS. The company recorded a 9% annual and 2% sequential growth in its client base, which went up to 45.4 million active users. The total credit portfolio jumped to R$31.9 billion, exceeding management's guidance by 3%. This outperformance came due to a higher number of mature credit card cohorts, and accelerated origination within secured and partly secured categories. An additional factor that accounted for the credit portfolio growth was management's measured expansion into higher risk areas such as newer platform credit and private payroll lending.
Managerial revenue rose to R$3,730 million, topping guidance by 3.6%, and net interest income reached R$2,002 million, 5.4% above projections, boosted by growing credit income. Total cash in totaled R$136.4 billion, up 17% from a year earlier and 9% from the previous quarter, with customers bringing in an average of approximately R$45.4 billion to the platform each month. Total deposits climbed to R$35.8 billion, a 45% yearly jump and 10% quarterly rise.
Some concerns related to the company's loan portfolio emerged during the quarter. Non-performing loans more than 90 days overdue increased to 9.8% of the credit portfolio during the quarter, up 93 basis points sequentially. Stage 3 exposure, which includes a broader set of credit-impaired loans, reached 12.9% of the total credit portfolio.

#million #credit #quarter #Portfolio

On September 17, Coherent Corp. (NYSE:COHR) announced an upgraded Pluggable Optical Line System that covers the full C-band and fits in a compact QSFP module, the same slot ordinary transceivers use. That is a lot of networking gear shrunk into a plug, and it follows a quarter of 34% revenue growth. Here is what the launch means, and where the stock's story gets harder to read.
Start with what the product does. The upgraded system can pack 32 wavelengths onto a single pair of fibers, which Coherent says adds up to as much as 25.6Tbps of traffic on links running 2km to 200km. It is designed for the latest 800G coherent optics, and it configures itself, handling link setup and laser safety without a technician tuning each connection. Coherent also says the system is generally available and already shipping in high volume, in 400G and 800G versions that work with existing network setups. Madhu Krishnaswamy, who runs the company's telecom transport unit, describes the goal as easing the usual trade-off between raw performance and operational simplicity.
The launch also sits on top of a business that is already moving. On August 12, Coherent reported results for its fiscal fourth quarter, which ended June 30: revenue of $2.05 billion, up 34% from a year earlier. Non-GAAP earnings per share rose to $1.74 from $1.00, and CEO Jim Anderson noted that for the full year, that measure grew more than twice as fast as revenue. Management guided to revenue of $2.2 billion to $2.4 billion for the first quarter of fiscal 2027, and Anderson says AI data centers are increasingly moving from copper to optical links.
Now look at the two versions of profit. Coherent's non-GAAP earnings came to $1.74 per share, but under GAAP the figure was $1.19. The gap comes from items management leaves out, including stock-based pay, amortization on acquired intangibles, and restructuring and integration costs. Operating margin shows it more clearly, at 21.8% on a non-GAAP basis and 12.4% under GAAP. Some of those costs are non-cash, but they are real, and anyone anchoring on the higher figure is skipping them.
Then there is how much weight this launch can carry. The announcement puts no sales figure on the product, so its contribution to a company that booked $2.05 billion in a quarter cannot be sized from what has been published. The bullish story also rests on management's own read of where AI networks are headed, and on a capacity build-out that CFO Sherri Luther says gets priority in spending. Money spent on capacity only pays off if the demand management describes keeps arriving.

#gaap #revenue #launch #anderson

On August 5, Cencora (NYSE:COR) reported results for its fiscal third quarter, which closed on June 30, and the headline numbers looked clean. Revenue rose 5.1% to $84.8 billion, adjusted earnings per share climbed 12.0% to $4.48, and management raised its full-year adjusted EPS outlook to $17.75 to $17.95. The company also repurchased $1 billion of its own stock during the quarter. But the profit story has moving parts, and a few of them pull in opposite directions.
Start with the gap between profit growth and sales growth. Adjusted operating income rose 17.0% while revenue grew only 5.1%. Much of the help came from gross profit, which jumped 23.2% on an adjusted basis as both segments contributed and the OneOncology acquisition in February lifted margins in the US business. In plain terms, adjusted gross margin widened 61 basis points to 4.16%, so the company keeps more gross profit from every dollar it sells.
The strength was not confined to one corner, either. US Healthcare Solutions grew operating income 15.9% on higher pharmaceutical sales and the OneOncology deal, while specialty volume to health systems and physician groups lifted its revenue. International Healthcare Solutions did better still, with operating income up 20.8% on strength in European distribution and global specialty logistics. Management also put cash to work, completing in one quarter the $1 billion of buybacks it had expected to finish by the close of calendar 2026. The board declared a $0.60 quarterly dividend as well, payable August 31, to holders of record on August 14.
Growth is costing more than it first appears. Adjusted operating expenses jumped 26.8%, faster than adjusted gross profit, because OneOncology brought expenses along with its profits. Even so, adjusted operating income amounts to just 1.46% of revenue, a thin cushion on a business this large. Financing adds weight too. Cencora funded part of the purchase with new senior notes plus variable-rate term loans, and net interest expense rose $58.9 million from a year earlier.
The sales mix carries its own drag. GLP-1 drugs for diabetes and weight loss are adding to revenue, but they earn lower gross margins, so each dollar of that growth is worth less to profit. Meanwhile, an oncology customer Cencora lost in 2025, and lower sales to a large mail order customer both held back US revenue, as did lower manufacturer prices on some brand pharmaceuticals. Cencora is also exploring strategic alternatives for a group of other businesses, and its April divestiture of US Consulting Services trimmed consulting sales.

#adjusted #revenue #august

On August 6, Aflac (NYSE:AFL) reported second-quarter numbers that point in opposite directions. Net earnings climbed to $825 million, helped along by investment losses that shrank to $153 million from $421 million a year ago. Adjusted earnings, though, fell 7.7% to $883 million. Both numbers are real, but they answer different questions. Which measure you trust changes the story, so here is what sits underneath.
Start with the yen, because it is muddying the picture. The average rate was 159.45 to the dollar, 9.3% weaker than a year earlier, and that cost adjusted earnings $0.05 a share. Take the currency out of the first half and adjusted earnings per share rose 4.1% to $3.57. ******* an is also running more profitably. Its pretax adjusted margin widened to 34.3% from 32.0% as claims took a smaller bite out of premiums, and yen-based pretax adjusted earnings rose 3.4%. So part of the decline in ******* an's dollar-reported profit is currency, not operations.
The US business is still growing at the top line. Net earned premiums rose 2.3% to $1.5 billion, and sales climbed 2.6% to $349 million, led by group voluntary benefits along with dental and vision plans. In ******* an, the refreshed Tsumitasu life policy and the new Anshin Palette medical product grew strongly in the quarter, and first-half sales rose 7.0% to ¥37.3 billion. Then there is the cash. Aflac returned $1.3 billion to shareholders in the quarter, $983 million of it through buybacks, and declared a $0.61 third-quarter dividend, payable September 1 to holders of record on August 19, 2026. Management notes 43 straight years of dividend increases through 2025 and says the board is on a path to extend that in 2026.
The catch is that ******* an's profit gains came from lower claims, not a bigger business. Net earned premiums in yen fell 3.7%, mainly because of a new external reinsurance deal and older limited-pay policies reaching paid-up status. Premium persistency, the share of policies customers keep, slipped to 92.7% from 93.7%. ******* an's pretax adjusted earnings still fell 2.1% once currency is stripped out, and new sales dipped 5.6% in the quarter against a tough comparison for the Miraito cancer product, which launched in March 2025.
The US segment has its own soft spot. Pretax adjusted earnings fell 4.6% to $370 million, and the margin narrowed to 20.9% from 22.5% as claims and benefits took a bigger share of premiums. Corporate and Other swung to a $10 million pretax adjusted loss from a $20 million gain a year earlier, with interest expense up 21.6% to $62 million. And adjusted book value per share, excluding foreign currency remeasurement, slid to $41.22 at June 30 from $42.97 a year earlier.

#earnings #fell

Huntington Bancshares Incorporated (NASDAQ:HBAN) dropped 5.55% to $15.82 on September 16, 2026, close to its 52-week low. The price movement was triggered by a profit warning at a Barclays conference. Huntington brought down its 2027 EPS guidance from above $1.90 to the range of $1.75-$1.83, and its 2026 net interest income growth from 39%-43% to roughly 35%. What matters more than these numbers is the reason behind them. Deposit costs are rising, and loan pricing is tightening, and it landed on the day the Fed delivered its first interest rate hike since 2023. The drop therefore raises the question: is this an oversold bank or the opening crack in regional-bank margins?
A well-run bank has just lowered its guidance, citing intense competition for deposits and loans. If Huntington feels the margin pressure, then it is likely that its peers feel the same. This explains why Fifth Third shares slid 4.1% on the same afternoon alongside the whole financials group. The Fed's new hike makes the environment more unfavorable for the group in the near term. While rate increases eventually lift ***** et yields, banks must immediately offer higher deposit yields to retain balances, squeezing net interest margins in the near term. Furthermore, accelerated commercial real estate loan payoffs reduced total earning ***** ets, though these early payoffs lower credit risk on the loan book.
The selloff leans too much into the reset. A move to $1.75-$1.83 from above $1.90 is a modest single-digit trim. Huntington sustains its profit as well as its operational performance. Loans reached $189 billion from $50 billion in 2015. Deposits touched $222 billion. And one of the company's biggest growth engines, value-added fee income, compounded at a 14% annual rate since mid-2024, with year-to-date growth near 32%. The income helps offset a notable portion of the spread pressure and offers a competitive edge against pure spread lenders.
A higher-for-longer rate environment carries trade-offs for commercial banks. It drives up deposit expenses, reflecting the margin pressure Huntington reported. It also expands loan yields as credit ***** ets reprice. Deposit beta determines the net effect by measuring how much of each benchmark rate increase the bank transfers to depositors. After the rate hikes, deposit costs typically rise further, so betting on a near-term peak takes some faith. A lower beta allows fee revenue to support earnings, whereas a higher beta keeps the squeeze sustained over multiple quarters.

#bank #interest #Growth

On September 9, 2026, Signet Jewelers Limited (NYSE:SIG) reported second-quarter net profit of more than $52 million, reversing a net loss of over $9 million a year earlier, with adjusted earnings per share of $2.19 beating ***** yst estimates of $1.72 by a wide margin. It sent shares up as much as 24% in trading.
The parent of Kay Jewelers, Zales, and Jared also raised its full-year profit guidance for the second time this fiscal year. It also extended its consumer credit partnership with Bread Financial through 2035, a deal it said includes new profit-sharing terms expected to make more than $1 billion in incremental value over time.
Signet Jewelers Limited (NYSE:SIG) is showing demand improvement across its core jewelry brands. Same-store sales increased 2.2% in the second quarter, beating Wall Street's 1.9% expectation. Management reported positive comparable sales across all three months of the quarter. Performance also improved across Kay, Zales, Jared, and Blue Nile. It shows the recovery extends beyond a single brand or temporary sales spike.
Margin expansion is allowing Signet to make substantially stronger earnings despite limited revenue growth. Adjusted operating margin expanded 140 basis points to 7%, while adjusted EPS reached $2.19, well above ***** ysts' $1.74 estimate. Stronger bridal and timepiece sales, tighter inventory management, and operating improvements helped Signet expand profitability. Redesigned Kay and Jared websites provide additional opportunities to back up digital sales.
Signet's higher earnings outlook and shareholder returns solidify the investment case. The company raised full-year adjusted EPS guidance to $10.45-$12.15 versus $9.20-$11.00 and plans a $125 million accelerated share repurchase program. Signet also extended its consumer-credit partnership with Bread Financial through 2035. It added improved technology and data ***** ytics while supporting customer financing and marketing capabilities over the long term.

#adjusted #jewelers #limited

On September 9, 2026, Casey's General Stores, Inc. (NASDAQ:CASY) reported fiscal first-quarter revenue of $5.68 billion, up 24.3% year over year, and earnings per share of $7.37, beating the $6.78 ******* yst consensus. Yet shares fell roughly 10-15% after same-store sales grew just 3.2%, below the 3.8% Wall Street had expected.
CEO Darren Rebelez described a "volatile" fuel environment during the quarter. Same-store fuel gallons sold declined 0.3% as elevated prices pushed customers toward fewer gallons per visit, more frequent trips, and cheaper fuel grades.
Fuel profitability more than offset softer gallon volumes. Fuel gross profit jumped 19.6% to $446.9 million as the fuel margin expanded to 47.8 cents per gallon from 41.0 cents a year earlier. It shows Casey's General Stores, Inc. (NASDAQ:CASY)'s pricing discipline can protect profitability even when customers buy fewer gallons. Prepared food added another source of margin strength, with same-store sales rising 4.8% and margins expanding to 59.3% from 58.0%.
Strong earnings growth gives Casey's a solid start to fiscal 2027. EBITDA grew 17.1% to $485.1 million, while net income rose 27.1% to $273.7 million. It shows that Casey's can grow earnings despite softer same-store sales. The firm also delivered $5.68 billion of revenue, up 24% year over year and above the $5.56 billion ******* yst estimate. It gives investors evidence that the overall business remains capable of producing strong growth.
Casey's is expanding its store base and integrating Fikes. The business said the Fikes integration remains ahead of schedule and maintained its plan to open at least 120 stores in fiscal 2027 through construction and acquisitions. Ongoing unit growth can expand Casey's geographic reach, increase purchasing scale, and support long-term revenue growth even if mature-store sales remain uneven.

#fuel #revenue

On September 9, 2026, Chewy, Inc. (NYSE:CHWY) reported fiscal second-quarter net sales of $3.33 billion, up 7.3% year over year, and adjusted earnings per share of $0.36, nearly double the roughly $0.18 ******* ysts had expected, prompting the company to raise its full-year revenue and profitability outlook. CEO Sumit Singh said the broader pet market did not meaningfully recover during the quarter but also did not deteriorate further, with Chewy continuing to outperform the category by two to three times through share gains across its established and newer businesses.
Chewy, Inc. (NYSE:CHWY)'s recurring revenue base is solid. It gives the company greater visibility into future sales. Autoship sales jumped by 9.3% year over year to $2.82 billion and represented 84.6% of total net sales. The growing contribution from subscription-based purchases gives Chewy a more predictable revenue stream and reduces its exposure to fluctuations in discretionary pet spending.
Chewy is also building growth engines beyond its core retail business. Chewy Health, which includes veterinary care and pharmacy services, delivered triple-digit revenue growth. Specialty categories such as equine and exotics recorded a seventh consecutive quarter of mid-double-digit growth. These businesses give Chewy additional opportunities to increase customer spending and diversify its sources of revenue as the overall pet market matures.
Chewy is combining customer growth with stronger profitability and shareholder returns. The firm added 208,000 net active customers during the quarter. It takes its customer base to 21.7 million while returning $200 million to shareholders through share repurchases. Management also noted structural SG&A leverage, automation, and AI-driven cost reductions as contributors to margin expansion. It shows that Chewy can improve earnings while investing in customer acquisition and growth.
Part of Chewy, Inc. (NYSE:CHWY)'s profitability improvement came from benefits that may not recur. CFO Chris Deppe said the quarter's profitability upside included about $10 million from timing benefits and more than $5 million from discrete benefits. Those items boosted the latest results but do not provide a recurring earnings contribution. It means investors may need to lower their expectations for the pace of margin expansion in future quarters.

#customer