US business inventories rise more than expected in July
U.S. business inventories increased more than expected in July as retailers and wholesalers restocked amid robust demand, with inventories up 0.8% after +0.1% in June.
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MasterCraft Boat Hldgs reports fiscal 2026 sales rise 22.8%
The company said fiscal 2026 net sales increased 22.8% to $348.9 million and adjusted EBITDA rose 87.1% to $45.6 million. It also completed its acquisition of Marine Products Corporation, adding Chaparral and Robalo brands and realigning reportable segments.
John Wiley reports Q1 2027 Research growth, reaffirms guidance
John Wiley & Sons said Q1 Research publishing revenue rose 12%, while Learning revenue fell 20%. The company reiterated full-year guidance for mid-single-digit organic revenue growth, adjusted EPS of $4.60 to $5.05 and free cash flow of $205 million.
Victoria's Secret Q2 sales rise 10% as guidance increases
Victoria's Secret said Q2 net sales rose 10% year over year, with operating income and EPS above guidance. It raised fiscal 2026 net sales and adjusted net income per diluted share guidance.
Ollie's Bargain Outlet Q2 2026 net sales rise 9.1% to $741 million
Ollie's Bargain Outlet reported Q2 net sales of $741 million, up 9.1%, with adjusted EPS rising 43% to $1.42. Comparable store sales fell 1.8% as it updated full-year net sales guidance.
Heidmar Q2 net income swings to $2.2 million
Heidmar Maritime Holdings reported second-quarter 2026 consolidated net income of $2.2 million, or $0.04 per share basic, versus a $13.7 million loss a year earlier. Revenue rose to $29 million from $9.6 million.