Our Q2 outlook reflects substantial records across revenue, gross margin, EPS and free cash flow, and we anticipate our business performance to continue strengthening through fiscal 2026. Micron's technology leadership, differentiated product portfolio, and strong operational execution position us as an essential AI enabler, and we are investing to support our customers' growing need for memory and storage," he said in the Q1 FY26 press release.
Costco is the world's third-largest retailer by sales, but that's not the main way it makes money. Most of the company's profits actually come from membership fees. The club model means Costco has more in common with Netflix than it does with Walmart. It's no secret that people buy a staggering amount of stuff at Costco. The wholesale club saw net sales of nearly $270 billion last fiscal year, and shoppers can't get enough of the chain.
CAVA reported Q3 2025 earnings after the close on Tuesday, delivering results that largely matched expectations but fell short on profitability. The stock closed at $49.12, down sharply from its 52-week high of $172.43. Revenue came in at $292.24M versus the $291.95M estimate, while EPS missed at $0.12 against a $0.13 consensus. The miss marked a departure from CAVA's recent track record of beating estimates in five of the last six quarters.
UK businesses cut jobs at the fastest pace in four years over the summer, according to a Bank of England survey highlighting the impact from tax rises on employers. The monthly snapshot from a survey of chief financial officers at British businesses of all sizes showed firms reduced employment by an annual rate of 0.5% in the three months to August, the fastest since 2021.
The introduction of algorithmic price discrimination has resulted in significantly higher fares for riders while also reducing the overall compensation for drivers on billions of trips.