Caleres Inc (CAL) Stock News

Rosen Law Firm is notifying investors in Calix, Inc., Erasca, Inc., and Graphic Packaging Holding Company of ongoing securities class action lawsuits. The firm is seeking lead plaintiffs with a July 27, 2026 deadline. Calix investors are accused of making false statements regarding profit margins related to memory component purchasing, while the firm encourages investors with losses exceeding $100,000 to seek legal counsel.

A class action lawsuit has been filed against Calix, Inc. in the U.S. District Court for the Northern District of California. The complaint alleges that Calix made materially false and misleading statements regarding the company's margins and business prospects during the Class Period (January 28, 2026 - April 21, 2026). Specifically, defendants allegedly failed to disclose that first quarter margins benefited from advanced memory component purchasing, that supplies were dwindling, and that the company faced negative margin pressure from rising memory component costs. Investors have until July 27, 2026 to apply to be appointed as lead plaintiff.

Rosen Law Firm is reminding investors who purchased Calix, Inc. securities between January 28, 2026 and April 21, 2026 of an important July 27, 2026 lead plaintiff deadline in an ongoing securities class action. The lawsuit alleges that Calix made false and misleading statements regarding its margins, claiming the company benefited from advanced memory component purchasing that was subsequently depleted, forcing it to purchase components at rising market prices, which negatively impacted margins.

Robbins LLP filed a class action lawsuit against Calix, Inc. (CALX) on behalf of investors who purchased securities between January 28, 2026 and April 21, 2026. The lawsuit alleges that Calix misled investors by failing to disclose that its first quarter margins benefited from advanced memory component purchasing and that this supply was dwindling, resulting in negative margin pressure. Following the disclosure of declining gross margin guidance on April 21, 2026, CALX stock fell 13.98%. Shareholders can participate in the class action with no fees or expenses.

GO Residential REIT completed acquisitions of 7 Dey Street in Tribeca and Ivy Tower in Times Square, increasing its portfolio to 2,545 residential suites (26% growth). The transactions are expected to be immediately accretive to AFFO per unit and were funded through available cash and $146.3 million in fixed-rate mortgage debt at 4.50%. The REIT approved a monthly cash distribution of $0.05325 per unit for June 2026.

MOUNT GILEAD, N.C. , June 15, 2026 /PRNewswire/ -- McRae Industries, Inc. (Pink Sheets: MCRAA and MCRAB) reported consolidated net revenues for the third quarter of fiscal 2026 of $27,418,000 as compared to $30,870,000 for the third quarter of fiscal 2025. Net earnings for the third quarter of fiscal 2026 amounted to $858,000, or $0.38 per diluted Class A common share, as compared to $3,160,000, or $1.40 per diluted Class A common share, for the third quarter of fiscal 2025. Consolidated net revenues for the first nine months of fiscal 2026 totaled $86,569,000 as compared to $87,120,000 for the first nine months of fiscal 2025. Net earnings for the first nine months of fiscal 2026 amounted to $3,262,000, or $1.45 per diluted Class A common share, as compared to net earnings of $6,059,000, or $2.68 per diluted Class A common share, for the first nine months of fiscal 2025. THIRD QUARTER FISCAL 2026 COMPARED TO THIRD QUARTER FISCAL 2025 Consolidated net revenues totaled $27.4 million for the third quarter of fiscal 2026 as compared to $30.9 million for the third quarter of fiscal 2025. Sales related to our western/lifestyle boot products for the third quarter of fiscal 2026 totaled $19.7 million as compared to $20.2 million for the third quarter of fiscal 2025. This decrease in net revenues was mainly driven by a decrease in our Laredo brand. Revenues from our work boot products decreased from $8.7 million for the third quarter of fiscal 2025 to $7.9 million for the third quarter of fiscal 2026. This was primarily a result of decreased orders on military boots. Additionally, third quarter revenues for fiscal 2025 included $2.0 million in land sales through our affiliate American Mortgage Investment Company (AMIC). Consolidated gross profit for the third quarter of fiscal 2026 amounted to approximately $6.9 million as compared to $9.8 million for the third quarter of fis

Faruqi & Faruqi, LLP is investigating securities fraud claims against Calix, Inc., alleging the company made false statements about Q1 2026 margins by concealing that strong results were artificially inflated by advanced memory component purchasing. When the company disclosed on April 21, 2026 that its advanced supply had depleted and it would face rising market prices, CALX stock fell 13.98%. The deadline to seek lead plaintiff status is July 27, 2026.

VANCOUVER, BC , June 12, 2026 /CNW/ - Wall Financial Corporation (the "Company") released its operating results and financial statements for the three months ended April 30, 2026. The Company recorded net earnings and comprehensive income attributable to shareholders of the Company for the three months ended April 30, 2026 of $4,250,854 or $0.13 per share compared to $5,680,721 or $0.18 per share in the same period of the prior year. Stabilized earnings from rental apartment operations decreased slightly from the previous year while earnings from the Company's hotels were stable year over year. Revenues and earnings from the Company's development operations decreased due to fewer condominium unit sales in the current period. Three months ended April 30 Statements of Earnings 2026 2025 Total revenue, investment and other income $ 37,309,620 Full story available on Benzinga.com

Law Offices of Howard G. Smith has announced securities fraud class action lawsuits against four publicly-traded companies. Calix faces allegations of misleading statements regarding margin pressures from memory component costs. AeroVironment is accused of overstating business prospects amid competitive threats. Zoetis is alleged to have concealed weakening demand for key products due to safety concerns and market competition. Lucid Group is charged with failing to disclose supplier quality issues affecting vehicle deliveries. All cases have lead plaintiff deadlines in late July 2026.

MONTREAL , June 11, 2026 /CNW/ - Dollarama Inc. (TSX: DOL ) ("Dollarama" or the "Corporation") today reported its financial results for the first quarter ended May 3, 2026. Refer to "Selected Segmented Financial Information" on page 6 of this press release for additional information regarding the Corporation's Canadian and Australian reportable segments. Fiscal 2027 First Quarter Results Highlights Compared to Fiscal 2026 First Quarter Sales increased by 21.4% to $1,846.1 million, compared to $1,521.2 million Comparable store sales (1) in Canada increased by 5.6%, compared to 4.9% in the first quarter of the previous year EBITDA (1) increased by 17.4% to $582.5 million, representing an EBITDA margin (1) of 31.6%, compared to 32.6% Operating income increased by 11.2% to $432.2 million, representing an operating margin (1) of 23.4%, compared to 25.6% Net earnings increased by 10.4% to $302.3 million, resulting in a 13.3% increase in diluted net earnings per common share to $1.11, compared to $0.98 Unrealized gain of $16.4 million relating to the derivative on our equity-accounted investments, positively impacting EBITDA margin by 90 basis points and diluted net earnings per common share by $0.06 28 net new stores opened in Canada, compared to 22 in the corresponding period of the previous year; 8 net new stores opened and 13 stores renovated in Australia, all operating under the legacy banner 1,962,010 common shares repurchased for cancellation for $339.1 million "We delivered a strong performance in the first quarter of fiscal 2027 as we pursue profitable growth in our core Canadian market, generating strong comparable store sales growth, expanding our store network and progressing our Western Canada logistics hub project. We are also advancing our priorities across our international growth platforms with discipline. In Latin America, Dollarcity had a solid start to th

<p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">THE WOODLANDS, Texas</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">June 10, 2026</span> /PRNewswire/ -- MIND Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/MIND" rel="nofollow">MIND</a>) ("MIND" or the "Company") today announced financial results for its fiscal 2027 first quarter ended April 30, 2026.</p> <p xmlns="http://www.w3.org/1999/xhtml">Revenues for the first quarter of fiscal 2027 were approximately $9.7 million compared to $9.8 million for the fourth quarter of fiscal 2026 and $7.9 million for the first quarter of fiscal 2026.</p> <p xmlns="http://www.w3.org/1999/xhtml">The Company reported operating income of $14,000 for the first quarter of fiscal 2027 compared to $78,000 for the fourth quarter of fiscal 2026 and an operating loss of $658,000 for the first quarter of fiscal 2026. Net loss for the first quarter of fiscal 2027 amounted to $411,000, or a loss of $0.05 per share, compared to a net loss of $271,000, or a loss of $0.03 per share, for the fourth quarter of fiscal 2026 and a net loss of $970,000, or a loss of $0.12 per share, for the first quarter of fiscal 2026. In computing net loss per common share, approximately 9,089,000 shares were outstanding for the first quarter of fiscal 2027, compared to 9,040,000 shares for the fourth quarter of fiscal 2026, and 7,969,000 shares during the first quarter of fiscal 2026.</p> <p xmlns="http://www.w3.org/1999/xhtml">Adjusted EBITDA for the first quarter of fiscal 2027 was $811,000 compared to Adjusted EBITDA of $1.1 million

Company increases revenue and adjusted EBITDA 1,2 guidance LEBANON, Tenn. , June 9, 2026 /PRNewswire/ -- Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (Nasdaq: CBRL) today reported its financial results for the third quarter of fiscal 2026 ended May 1, 2026. Cracker Barrel President and Chief Executive Officer Julie Masino said, "Our initiatives to improve operations, deepen guest connection, and enhance profitability continue to gain traction, with strong execution from our teams driving third quarter results that exceeded expectations. We remain focused on serving delicious food and delivering experiences guests love and believe we are well-positioned to sustain this new momentum." Third Quarter Fiscal 2026 Highlights Total revenue was $797.4 million. Compared to the prior year quarter, total revenue decreased 2.9%. Compared to the prior year quarter, comparable store restaurant sales decreased 2.6%, and comparable store retail sales decreased 1.8%. GAAP earnings per diluted share were $1.90, and adjusted 1 earnings per diluted share were $0.29. GAAP net income was $42.8 million compared to the prior year quarter GAAP net income of $12.6 million. The current year GAAP net income results include a $47.4 million benefit related to a settlement agreement regarding interchange fee litigation. Adjusted EBITDA 1 was $40.3 million compared to the prior year quarter adjusted EBITDA 1 of $48.1 million. Third Quarter Ended (In thousands, except per share amounts) 5/1/26 5/2/25 Revenue $797,367 $821,147 GAAP net income $42,811 $12,574 Adjusted net income 1 $6,533 $13,123 Adjusted EBITDA 1 $40,305 $48,117 GAAP earnings per share – diluted $1.90 $0.56 Adjusted 1 earnings per share – diluted $0.29 $0.58 Balance Sheet & Capital Allocation During the third quarter, the Company received $47.4 million, net of legal fees, pursuant to a settlement agree

Calix, Inc. (CALX) faces a securities class action lawsuit after disclosing on April 21, 2026 that its record gross margins were artificially inflated by dwindling pre-purchased memory components. The stock fell $6.93 per share (13.98%) following the admission. Investors who purchased CALX securities between January 28 and April 21, 2026 have until July 27, 2026 to seek lead plaintiff appointment in the class action.

Holzer & Holzer, LLC announced lead plaintiff deadlines for shareholder class action lawsuits against Calix, Inc., AeroVironment, Inc., and Lucid Group, Inc. The lawsuits allege materially false and misleading statements regarding advanced purchasing of memory components, competitive landscape misrepresentations, and manufacturing/delivery capability discrepancies. Investors who purchased shares during the specified periods and suffered losses are encouraged to seek legal representation.

Net Sales Increased 26.6% and Gross Profit Increased 42.4% in the Second Quarter of Fiscal 2026 Compared to Same Period in Prior Year ROANOKE, Va. , June 8, 2026 /PRNewswire/ -- Optical Cable Corporation (Nasdaq GM: OCC) ("OCC ® " or the "Company") today announced financial results for its second quarter of fiscal year 2026 ended April 30, 2026. Second Quarter 2026 Financial Results Consolidated net sales for the second quarter of fiscal year 2026 increased 26.6% to $22.2 million, compared to $17.5 million for the same period in the prior year. OCC experienced an increase in net sales in both its enterprise and specialty markets during the second quarter of fiscal year 2026, compared to the second quarter of fiscal year 2025. Sequentially, net sales for the second quarter of fiscal year 2026 increased 35.2% compared to $16.4 million for the first quarter of fiscal year 2026. OCC continues to see revenue growth and future growth opportunities in its targeted market sectors, both domestically and internationally – with robust demand from customers and end-users in the Company's enterprise, data center and severe duty market sectors. Net sales to customers in the United States increased 21.2% and net sales to customers outside of the United States increased 45.3% in the second quarter of fiscal year 2026, compared to the same period last year. At the end of the second quarter of fiscal year 2026, the Company's sales order backlog/forward load increased to $13.3 million when compared to $10.4 million as of January 31, 2026 (an increase of more than 27%), and when compared to $7.3 million as of October 31, 2025 (an increase of more than 82%). Gross profit increased 42.4% to $7.6 million in the second quarter of fiscal year 2026, compared to $5.3 million for the same period in fiscal year 2025, due to increased volumes and the resulting positive impact of OCC's manufac

Rosen Law Firm is reminding investors who purchased Calix, Inc. securities between January 28, 2026 and April 21, 2026 of the July 27, 2026 lead plaintiff deadline in an ongoing securities class action. The lawsuit alleges that Calix made false and misleading statements regarding its margins, claiming the company benefited from advanced memory component purchases that were dwindling, leading to negative margin pressure and materially misleading statements about business prospects.

Grabar Law Office has filed multiple federal securities fraud class action complaints against Badger Meter, Calix, New Era Energy & Digital, and Power Solutions International, alleging that officers and directors made false or misleading statements about financial performance, business operations, and growth prospects. Shareholders who purchased shares during specified periods may seek corporate reforms and compensation.

Class action lawsuits have been filed against Calix, AeroVironment, and Zoetis for allegedly making false or misleading statements about their financial performance and business prospects. Investors have until July 27, 2026 to file lead plaintiff motions in these securities fraud cases.

A securities fraud class action lawsuit has been filed against Calix, Inc. on behalf of investors who purchased securities between January 28, 2026 and April 21, 2026. The lawsuit alleges the company failed to disclose that its first quarter margins benefited from advanced memory component purchasing and that this supply was dwindling, leading to negative margin pressure. Following the April 21 earnings report revealing lower gross margin guidance, Calix shares declined approximately 14% from $49.58 to $42.65. Investors have until July 27, 2026 to request lead plaintiff appointment.

Rosen Law Firm has filed a class action lawsuit against Calix, Inc. on behalf of investors who purchased securities between January 28, 2026 and April 21, 2026. The lawsuit alleges that Calix made false and misleading statements regarding its profit margins, claiming the company benefited from advanced memory component purchases in Q1 but failed to disclose that supplies were dwindling and the company faced negative margin pressure from rising component costs. Investors who wish to serve as lead plaintiff must file by July 27, 2026.

Excluding significant items, quarterly earnings per common share of $0.48 (1) Increased quarterly dividend 17.6 % to $ 0.10 per common share TORONTO , June 3, 2026 /CNW/ - Canaccord Genuity Group Inc. (Canaccord Genuity Group, the Company) (TSX: CF ) today announced its financial results for the fourth quarter and fiscal year ended March 31, 2026. "We delivered record revenue in fiscal 2026 and significantly improved profitability, reflecting stronger operating leverage and disciplined execution across the platform," said Dan Daviau, Chairman & CEO of Canaccord Genuity Group Inc. "Capital markets growth was led by higher investment banking and advisory activity, while wealth management continued to scale, supported by market appreciation, targeted investment and positive inflows. Our improved earnings profile and continued focus on disciplined capital allocation supported our decision to increase the dividend, while preserving the flexibility to invest in the areas of the business where we see the strongest opportunities to create long-term shareholder value." Fourth quarter and fiscal 2026 highlights (adjusted): (All dollar amounts are stated in thousands of Canadian dollars and on an adjusted basis excluding significant items ( 1 ) unless otherwise indicated) Fourth quarter revenue of $612.7 million, an increase of 33.2% over the same period in the prior fiscal year and the third highest quarterly revenue on record Fiscal 2026 revenue of $2.2 billion increased by 24.9% year over year Global wealth management operations earned record quarterly revenue of $306.7 million and record revenue of $1.1 billion for fiscal 2026, year-over-year improvements of 28.4% and 24.2%. Fourth quarter growth in the Australian wealth management operations reflects contributions from the acquisition of Wilsons Advisory Global capital markets revenue for the fourth quarter of $291.6 mi

Financial Highlights ($ in thousands, except for per share data) Three Months Ended April 30, Change Nine Months Ended April 30, Change 2026 2025 2026 2025 Net Sales $ 2,781,538 $ 2,894,816 (3.9) % $ 7,296,517 $ 7,055,707 3.4 % Gross Profit $ 354,770 $ 443,119 (19.9) % $ 926,998 $ 969,758 (4.4) % Gross Profit Margin % 12.8 % 15.3 % (250) bps 12.7 % 13.7 % (100) bps Net Income Attributable to THOR $ 97,229 $ 135,185 (28.1) % $ 136,701 $ 132,802 2.9 % Diluted Earnings Per Share $ 1.86 $ 2.53 (26.5) % $ 2.59 $ 2.49 4.0 % EBITDA (1) $ 209,078 $ 232,958 (10.3) % $ 411,908 $ 391,035 5.3 % Adjusted EBITDA (1) $ 183,561 $ 254,823 (28.0) % $ 412,620 $ 449,620 (8.2) % (1) See reconciliation of non-GAAP measures to the most directly comparable GAAP financial measures included at the end of this release Fiscal 2026 Third Quarter Net sales of $2.78 billion, Net income attributable to THOR of $97.2 million and EBITDA of $209.1 million in the quarter North American Motorized and European top-line results continue to indicate resilient demand for these products in a difficult macroeconomic environment Opportunistically repurchased $50.5 million of shares during the quarter Net income attributable to THOR was aided by gains from favorable market value adjustments on certain investments as well as gains on the sales of certain real estate associated with strategically optimizing our footprint. Adjusted EBITDA of $183.6 million in the quarter excludes, among other items, nonrecurring costs or benefits associated with strategic reorganization initiatives, the impact of gains on investments and the impact of real estate transactions Full-year fiscal 2026 diluted EPS guidance has been revised in light of prolonged macroeconomic headwinds Consolidated net sales in the range of $9.0 billion to $9.5 billion (no revision) Diluted earnings per share in the range of $3.30 to $3.80 (previously $3

Calix, Inc. faces a securities class action lawsuit for allegedly concealing that record gross margins between January-April 2026 were temporarily sustained by pre-purchased lower-cost memory components. The company failed to disclose margin pressures until April 21, 2026, when it revealed declining margins due to exhausted inventory and rising memory costs, triggering a 13.98% stock decline. Investors who purchased shares during the class period may be eligible for damages.

VANCOUVER, BC , June 1, 2026 /CNW/ - Ostrom Climate Solutions Inc. ("Ostrom" or the "Company") (TSXV: COO ) (Frankfurt: 9EAA), a leading provider of carbon project development, net-zero climate solutions, and carbon credit marketing and trading, today announced its unaudited financial results for the first quarter ended March 31, 2026. First Quarter Financial Highlights: Q1 2026 revenue totaled $1,743,742, a significant increase from $633,964 in Q1 2025, primarily due to higher Verified Emission Reduction (VER) sales and the recognition of deferred revenue from prior VER sales following the purchase and retirement of VERs. Gross profit for the quarter was $1,498,251, compared to $320,695 in Q1 2025, reflecting high-margin recognition of deferred revenue through opportunistically timed VER purchases and retirements. The Company reported net income of $693,196, compared to a net loss of $716,357 in Q1 2025. Adjusted net income was $982,741 compared to an adjusted net loss of $434,123 in Q1 2025, excluding share-based compensation, milestone-based consulting fees intended for share settlement and Smart-Rice Project R&D expenses. Operating expenses declined to $761,017 from $959,474 in Q1 2025, reflecting continued cost discipline, lower consulting and salary costs, lower professional fees and lower share-based payments, partially offset by higher Smart-Rice R&D and SG&A expenses. Operational and Strategic Developments: The Company achieved another quarter of promising revenue and profit performance, driven mainly by VER trading activity at high profit margins. Ostrom continued to focus on compliance market opportunities, including British Columbia Output-Based Pricing System (BC OBPS) eligible credits, while acknowledging expected seasonality around the November 30 compliance deadline. The Company continued to advance its strategic focus on Carbon Project Dev

Rosen Law Firm has filed a class action lawsuit against Calix, Inc. on behalf of investors who purchased securities between January 28, 2026 and April 21, 2026. The lawsuit alleges that Calix made false and misleading statements regarding its margins, claiming the company benefited from advanced memory component purchasing in Q1 but failed to disclose that supplies were dwindling and the company faced negative margin pressure from rising component costs. Investors who wish to serve as lead plaintiff must file by July 27, 2026.

Bernstein Liebhard LLP has announced shareholder class action lawsuits against three companies: Calix (CALX) for alleged misrepresentations regarding business operations and financial stability during January-April 2026; AeroVironment (AVAV) for shareholders between June 2025 and March 2026; and Zoetis (ZTS) for shareholders between January 2025 and May 2026. Investors are encouraged to contact the firm to discuss their rights and potential recovery.

Rosen Law Firm has filed a class action lawsuit on behalf of Calix, Inc. investors who purchased securities between January 28, 2026 and April 21, 2026. The lawsuit alleges that Calix made false and misleading statements regarding profit margins, claiming the company benefited from advanced memory component purchasing in Q1 but failed to disclose that supplies were dwindling and the company faced negative margin pressure from rising component costs. Investors who suffered losses are encouraged to join the class action by July 27, 2026.

- First quarter revenue grew 18 percent year over year as reported; 16 percent on a constant currency basis, to $1.93 billion - Autodesk to acquire MaintainX, advancing unified platform in operations SAN FRANCISCO , May 28, 2026 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK ) today reported financial results for the first quarter of fiscal 2027, ended April 30, 2026. "Our customers need AI that produces outputs that are accurate in the real world. That requires data, context, and expertise. Each one is scarce and what differentiates Autodesk is that we have all three at scale. We can validate AI-generated outputs against real-world constraints using our existing parametric and physics-based 3D technology," said Andrew Anagnost, CEO of Autodesk. "Autodesk's assistants and MCP infrastructure provide the harness layer that makes frontier models more controllable, context-aware, and useful continuously through the full lifecycle. Autodesk's 3D foundation models provide the core AI engines that directly reason about geometry and physical relationships. This integrated approach is why we believe Autodesk will define the next generation of industrial AI." "We delivered strong first quarter results with solid execution of our plans and consistent momentum in our markets. Our sales reorganization is proceeding as expected," said Janesh Moorjani, Autodesk CFO. "We have raised our fiscal 27 guidance to reflect the strength of the business in the first quarter. Our guidance assumes that the underlying momentum of the business will remain strong and continues to reflect potential disruption from our sales restructuring consistent with the plan we set out in February. The acquisition of MaintainX will bring a strategic asset into Autodesk and support our focus on durable, long-term growth and shareholder value creation. We will include the impact of the acquisition in our guidance a

<p xmlns="http://www.w3.org/1999/xhtml" class="prntac"><i xmlns="http://www.w3.org/1999/xhtml">Company Delivers Sixth Consecutive Quarter of Organic Top-Line Growth, GAAP EPS of $0.29 and Double-Digit Growth in Adjusted EPS</i><i xmlns="http://www.w3.org/1999/xhtml"><sup xmlns="http://www.w3.org/1999/xhtml">1</sup></i></p> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">AUSTIN, Minn.</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">May 28, 2026</span> /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today reported results for the second quarter of fiscal 2026, which ended April 26, 2026. All comparisons are to the comparable period of fiscal 2025, unless otherwise noted.</p> <div xmlns="http://www.w3.org/1999/xhtml" class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p xmlns="http://www.w3.org/1999/xhtml"> <a xmlns="http://www.w3.org/1999/xhtml" href="https://mma.prnewswire.com/media/2774643/Hormel_Foods_Logo.html" target="_blank" rel="nofollow" rel="nofollow"><br /> <img xmlns="http://www.w3.org/1999/xhtml" src="https://mma.prnewswire.com/media/2774643/Hormel_Foods_Logo.jpg" title="Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with approximately $12 billion in annual revenue across more than 80 countries worldwide. (PRNewsfoto/Hormel Foods Corporation)" alt="Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with approxi

Highlights Revenues of $2,391.8 million, an increase of 29.5% compared to last year, driven by higher ORV and PWC shipments, as well as favourable ORV product mix; Net income of $127.3 million, a decrease of 20.9% compared to last year; Normalized EBITDA [1] of $334.4 million, an increase of 66.5% compared to last year; Normalized diluted earnings per share [1][2] of $1.83, an increase of $1.36 per share, and diluted earnings per share [2] of $1.73, a decrease of $0.46 per share, compared to last year; North American Powersports retail sales decreased by 7% compared to last year, mainly due to a strong end-of-season in Snowmobile last year; Market share gains in North America for ORV; Issuing a revised full-year guidance, incorporating incremental tariff cost net of mitigation measures, with revenues between $9.1 and $9.4 billion, and Normalized diluted earnings per share [1][2] between $3.00 and $3.50. VALCOURT, QC , May 28, 2026 /CNW/ - BRP Inc. (TSX: DOO ) (NASDAQ: DOO ) today reported its financial results for the three-month period ended April 30, 2026. All financial information is in Canadian dollars unless otherwise noted. The complete financial results are available on SEDAR+ and EDGAR as well as in the section Quarterly Reports of BRP's website. "We delivered Q1 financial results above expectations, driven by higher volumes, disciplined cost management, strong overall execution and a more favourable promotional environment. We also sustained our solid retail momentum across key ORV segments, as new product introductions in the second half of last year contributed to additional market share gains," said Denis Le Vot, President and CEO of BRP. "As tariff policies shifted significantly during the quarter, our teams moved quickly to define mitigation measures to reduce their impact. Looking ahead, we are focused on navigating these headwinds while also protecting