Tag

Fiscal 2026

All articles tagged with #fiscal 2026

Accenture slides after trimming 2026 revenue outlook
business24 days ago

Accenture slides after trimming 2026 revenue outlook

Accenture shares fell almost 15% after lowering its fiscal 2026 revenue growth outlook to 3-4% in local currency (4-5% excluding roughly a 1% impact from its US federal business), even as the company posted a Q3 beat with adjusted EPS of $3.80 on $18.7 billion in revenue. Bookings were $19.3 billion; operating margin rose to 17.0%; free cash flow was $3.6 billion, with $2.2 billion returned to shareholders via buybacks and dividends. Management pointed to strong demand for large-scale reinvention projects and AI transformation, including 104 bookings of $100 million or more year-to-date, up 13%.

Home Depot: Modest Q1 FY2026 Growth, Guidance Reaffirmed
business1 month ago

Home Depot: Modest Q1 FY2026 Growth, Guidance Reaffirmed

The Home Depot reported Q1 FY2026 sales of $41.8 billion (up 4.8% YoY) with 0.6% comparable sales growth; net earnings were $3.29 billion and adjusted EPS $3.43. It reaffirmed fiscal 2026 guidance: about 2.5%–4.5% sales growth, comparable sales roughly flat to +2%, gross margin ~33.1%, operating margin 12.4%–12.6%, and adjusted EPS up about flat to 4% from 2025, with capex ~2.5% of sales and ~15 new stores. The results reflect steady demand amid housing affordability pressures, as the company continues to operate ~2,361 stores and over 1,280 SRS locations with roughly 470,000 associates.

business2 months ago

Starbucks Q2 FY2026: Revenue Climbs, Global comps Rise, and Guidance Is Raised

Starbucks reported Q2 FY2026 results with global comparable store sales up 6.2% (NA +7.1%, US +7.1%, International +2.6%, China +0.5%), and net revenues up 9% to $9.53 billion. GAAP EPS was $0.45 and non-GAAP EPS $0.50. Operating margins expanded, and the company raised its fiscal 2026 guidance to at least 5% comp growth, roughly flat consolidated net revenues, non-GAAP EPS of $2.25–$2.45, and about 600–650 net new stores globally. Highlights include Back to Starbucks progress, a China joint venture with Boyu Capital (Starbucks 40%, Boyu 60%; impact reported in Q3), a refreshed loyalty program launch, and a quarterly dividend of $0.62 per share. Starbucks also noted store count at 41,129 with ongoing investments and strategic actions in 2026.

Japan Proposes Record $60 Billion Defense Budget Focused on China Countermeasures
defense10 months ago

Japan Proposes Record $60 Billion Defense Budget Focused on China Countermeasures

Japan has requested a record defense budget of $60.2 billion for fiscal year 2026, focusing on enhancing its maritime and missile defense capabilities, including the establishment of a multi-layered coastal defense system called 'SHIELD,' construction of new frigates and submarines, modifications to aircraft carriers for F-35B operations, and joint development of hypersonic missile defense systems with the U.S.