US wholesale inventories rise 1.3% in July
US Commerce Department data showed wholesale inventories increased 1.3% in July. The report said wholesale inventories rose after climbing in June.
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US July wholesale inventories rise 1.3% M/M to $958.9B
July wholesale inventories rose 1.3% M/M to $958.9B, matching the +1.3% consensus and up from June’s +0.4% (revised from +0.2%). Year-on-year, July inventories rose 5.7%.
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.
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.
US Dollar Rises Early Wednesday Ahead of Wholesale Inventories, Oil Stocks, FOMC Minutes
() -- The US dollar rose against its major trading partners early Wednesday, except for a decline versus the Canadian dollar, ahead of the release of wholesale inventories data for May at 10:00 am ET, weekly oil stocks data at 10:30 am ET, and minutes of the June 16-17 Federal Open Market Committee meeting at 2:00 pm E