OUTFRONT Media Inc.
OUTFRONT Media Inc. (OUT) Stock News
The latest OUT headlines and market coverage — 3 recent stories, updated throughout the day.
- Benzinga·
CRACKER BARREL REPORTS THIRD QUARTER FISCAL 2026 RESULTS AND UPDATES FISCAL 2026 OUTLOOK
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
- Benzinga·
HONEYWELL REAFFIRMS 2026 OUTLOOK AHEAD OF HONEYWELL AEROSPACE SPIN-OFF; INITIATES 2026 OUTLOOK FOR HONEYWELL TECHNOLOGIES
CHARLOTTE, N.C. , June 8, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON ) today announced it was reaffirming its full-year 2026 guidance ahead of the planned Honeywell Aerospace spin-off on June 29, 2026. The company also provided a preliminary 2026 outlook for the remaining company post spin, which will conduct business under the name Honeywell Technologies. The company will discuss its latest outlook for 2026 during an investor conference call starting at 8:30 a.m. Eastern Daylight Time today, which precedes its 2026 Investor Day on June 11, 2026. 2026 Outlook Honeywell continues to expect sales of $38.8 billion to $39.8 billion with organic 1 sales growth in the range of 3% to 6%. Segment margin 2 is expected to be 22.7% to 23.1%, with segment margin 2,5 expansion of 20 to 60 basis points. Adjusted earnings per share 3 is expected to be $10.35 to $10.65, up 6% to 9%. The company expects operating cash flow of $4.7 billion to $5.0 billion, while free cash flow 1,4 is expected to be $5.3 billion to $5.6 billion, representing growth of 4% to 10% for the full year. A summary of the company's 2026 guidance can be found below in Table 1. Honeywell Technologies Guidance Framework The company also provided a preliminary guidance framework for the company that will remain after the Honeywell Aerospace spin-off, which is expected to be completed on June 29, 2026. This framework excludes full-year expected results for the aerospace segment. The outlook incorporates the impact of the planned divestitures of Productivity Solutions and Services (PSS) and Warehouse and Workflow Solutions, which the company announced it had reached agreements to sell in the second quarter and expects to close by the fourth quarter. The outlook includes estimated results for the Johnson Matthey Catalyst Technologies acquisition, which it announced in May 2025 and expects to close in the third quarter
- GlobeNewswire Inc.·
GROCERY OUTLET DEADLINE MAY 15th: Bragar Eagel & Squire, P.C. Reminds Grocery Outlet Holding Corp. (NASDAQ:GO) Investors that a Class Action Lawsuit Has Been Filed and Encourages Investors to Contact the Firm
A class action lawsuit has been filed against Grocery Outlet Holding Corp. in the U.S. District Court for the Northern District of California on behalf of investors who purchased securities between August 5, 2025 and March 4, 2026. The complaint alleges the company and its executives made false statements about financial performance, expanded too quickly into new stores, and failed to disclose that sustainable growth targets could not be met, requiring significant store closures and asset write-downs. The deadline to apply as lead plaintiff is May 15, 2026.