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The company reported results for the period ended 31 May 2026 and said CEO Jerry Randall intends to retire from the role. It also highlighted revenue growth, a share buyback programme and recent disposals and acquisitions.
Alliance Entertainment said fiscal 2026 revenue rose 8% to $1.15 billion, while adjusted EBITDA increased 14% to $41.5 million. The company also said fourth-quarter revenue climbed 18% year over year to $268.1 million.
Caleres said second-quarter adjusted earnings came in above expectations. Second-quarter sales were $695 million, up 5.6% year over year, and the company raised the lower end of full-year adjusted EPS guidance.
Genesco said second-quarter fiscal 2027 bottom line results were significantly better than last year and well ahead of expectations, helped by higher gross margin recapture, more full-price selling and disciplined expense management.
Labor participation among people 55+ drops to 36.9%