US wholesale sales MoM rise 0.8%
US wholesale sales MoM increased to an actual 0.8%. The previous reading was -3.0%, with no forecast provided.
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US wholesale sales MoM increased to an actual 0.8%. The previous reading was -3.0%, with no forecast provided.
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.
Shopify reported second-quarter 2026 GMV of $116 billion, up 32% year over year, and revenue of $3.6 billion, up 34%. The company also said free cash margin was 18% and gave Q3 revenue growth guidance in the low 30s percent range.
BRP said second-quarter revenue was $2.2 billion and normalized EBITDA was $139 million, with results ahead of expectations despite a $145 million net tariff impact. The company lifted full-year revenue and normalized EPS guidance.
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.