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Lululemon reported second-quarter revenue of $2.4 billion, down 4% year over year, and lowered full-year revenue guidance to $10.35 billion-$10.5 billion, citing softer sales trends and inconsistent product launch performance.
U S Global Investors reported fiscal 2026 revenue of $10.25 million and net income of $3.06 million, with diluted EPS at $0.24 versus a prior-year loss.
Toro said third-quarter net sales rose 8% and adjusted EPS was $1.33, while lifting full-year adjusted EPS guidance to $4.60 to $4.65.
VersaBank said Q3 2026 brought record credit assets, revenue and net interest income, with net income up 53% year over year and total assets topping $7 billion for the first time.
Netskope reported Q2 fiscal 2027 revenue of $221 million, up 29% year over year and ahead of guidance, with ARR at $899 million, up 27% year over year.
Broadcom reported record Q3 FY 2026 revenue of $29.6 billion, with AI semiconductor revenue up 221% to $16.7 billion. It guided Q4 consolidated revenue to $34.8 billion and AI revenue to $21.7 billion.
U.S. equities advanced Wednesday, with the S&P 500 up 0.5% and the Dow up 0.4%, as AI dealmaking helped offset declines in software and cybersecurity shares.
Brown-Forman said first-quarter fiscal 2027 results were largely in line with expectations and reaffirmed full-year guidance for flat organic net sales and a 3% to 5% decline in organic operating income.
Tokyo Electron reports record net sales and net income, driven by growing demand for advanced semiconductor manufacturing equipment due to AI investment cycle
FedEx Corporation reported strong financial performance for Q4 FY26, with revenue growth of 13% and adjusted operating income growth of 3%.