Tag

Q1 2026

All articles tagged with #q1 2026

economy3 hours ago

US Q1 2026 GDP rises 2.1% as growth broadens across sectors

BEA reports real GDP grew 2.1% at an annual rate in Q1 2026, driven by investment, exports, government spending, and consumer spending, with imports rising as a subtraction and a modest drag from consumer spending revisions. GDP by industry shows strength in government and private goods-producing sectors, with Washington leading state growth at 4.5% SAAR and South Dakota sliding. Personal income rose 3.4% across states, though Hawaii saw a drop in transfer receipts tied to a Maui wildfire settlement. BEA also announced 2026 annual updates to national and regional accounts will begin on Sept 30, 2026.

Ulta kicks off 2026 with strong Q1, lifts earnings outlook
business22 days ago

Ulta kicks off 2026 with strong Q1, lifts earnings outlook

Ulta Beauty topped expectations in fiscal Q1 2026, delivering $7.74 in earnings per share on $3.16 billion in revenue (vs. $6.86 and $3.10B expected), with net sales up about 11% and comps up 5.3%. The company reaffirmed full-year revenue and same-store sales targets while raising its full-year EPS guidance to $28.36–$28.80. CEO Kecia Steelman highlighted broad-based growth and strategic initiatives, including Ulta’s TikTok Shop and launching more than 20 new brands such as Rare Beauty; fragrances were the strongest category, now 12% of revenue. Shares rose in extended trading.

Kohl’s Q1 2026: Beat on Earnings, Slips on Sales, Stock Surges
business27 days ago

Kohl’s Q1 2026: Beat on Earnings, Slips on Sales, Stock Surges

Kohl’s beat expectations on earnings and revenue for Q1 2026 despite net sales down 1.7% and comparable sales down 1.1%; the stock rose about 20% as management highlighted disciplined cost control, cleaner inventory, and improvements in the Kohl’s Card and private brands, while reaffirming a full-year outlook of net sales and comparable sales down 2% to flat with adjusted EPS of $1 to $1.60 amid ongoing macro pressures on value-seeking shoppers.

economy28 days ago

US GDP Q1 2026 grows 1.6% as exports and investment lead, consumer spending softer

Real GDP rose 1.6% in Q1 2026 (SAAR), revised downward from the 2.0% advance, with gains from exports, investment, consumer spending, and government outlays, offset by higher imports. Real final sales to private domestic purchasers grew 2.4%. The PCE price index increased 4.5% (4.4% ex food and energy). Real GDI rose 0.9%, and the average of real GDP and real GDI increased 1.3%. Corporate profits from current production rose by $40.4 billion in Q1. Revisions to inventories and health-care services partly explain the downgrade; tariff refunds under IEEPA do not affect GDP. Next BEA release is June 25, 2026.

business1 month ago

NIO Reports Q1 2026 Revenue Rise as Deliveries Jump 98% YoY, Guides Q2 Growth

NIO posted RMB25.5B in total revenues for Q1 2026 and delivered 83,465 vehicles (up 98.3% YoY), with vehicle margin at 18.8% and gross margin at 19.0%; GAAP net loss was RMB332.1M, while cash and equivalents stood at RMB48.2B. The company expects Q2 deliveries of 110k–115k and total revenues of RMB32.8–34.4B as it advances launches across its NIO, ONVO, and FIREFLY brands, including the ES9 and ONVO L80.

Target Starts 2026 With Broad-Based Q1 Momentum
business1 month ago

Target Starts 2026 With Broad-Based Q1 Momentum

Target kicked off 2026 with solid Q1 results: net sales up 6.7% and same-store sales up 5.6%, with GAAP and adjusted EPS of $1.71. Growth was broad-based across all core categories, supported by a 4.4% traffic lift, 8.9% digital growth (including >27% growth in same-day delivery) and nearly 25% growth in non-merchandise sales. The company expanded assortments (health & wellness, toys, baby), launched exclusive partnerships, and invested in guest experience and workforce, opening seven stores (including its 2,000th) and advancing 100 remodels; Houston receive center adds supply-chain capacity. Looking ahead, Target expects about 4% net sales growth for the year and EPS toward the high end of $7.50–$8.50, plus initiatives like Beauty Studio, EPIC Lab, and a major food-and-beverage transition.

Home Depot rides resilient demand in Q1 2026, sticks to full-year outlook
business1 month ago

Home Depot rides resilient demand in Q1 2026, sticks to full-year outlook

Home Depot beat expectations in Q1 2026 with adjusted EPS of $3.43 on $41.77 billion in revenue and reaffirmed its full-year guidance of 2.5%–4.5% sales growth (up to 4% adjusted EPS growth). Net income was $3.29 billion GAAP, or $3.30 per share. The company notes core homeowners remain engaged but are deferring larger projects amid higher gas prices and weaker housing conditions, while expanding its pro-focused business—backed by acquisitions of SRS Distribution, GMS, and Mingledorff’s—to capture a roughly $700 billion pro market.

Archer’s Q1 Burn: Is Cash Fueling Real Progress Toward Midnight?
market-news1 month ago

Archer’s Q1 Burn: Is Cash Fueling Real Progress Toward Midnight?

Archer Aviation (ACHR) starts Q1 2026 with about $2 billion in liquidity, but investors will judge cash burn by how much progress it buys, not the size of the loss. The company teams guidance for a Q1 EBITDA loss of $160–$180 million while shifting from testing to a steadier manufacturing cadence, with Covington, GA and its Stellantis partnership as key proof points. If higher spending translates into more Midnight aircraft in build and launch prep (U.S. and UAE), the burn may be smart investment; if not, the cash pile could feel like fuel that runs out. Analysts remain upbeat, with a Strong Buy rating and a target around $14.25, implying significant upside.

BravesVision Faces Early Hurdle as Q1 Media Revenue Dips 41%
business1 month ago

BravesVision Faces Early Hurdle as Q1 Media Revenue Dips 41%

The Atlanta Braves report a 41% year-over-year drop in broadcasting revenue for Q1 2026, down to $2.52 million as they transition from FanDuel Sports Network to BravesVision amid the regional sports network shakeout; management cites timing, while CEO Derek Schiller remains optimistic BravesVision can match or surpass prior rights-fee levels, though one quarter isn’t enough to draw conclusions and a fuller turnaround is needed.

Trump Media’s Q1 Revenue Tiny, $406M Loss Fueled by Non-Cash Write-Downs
business1 month ago

Trump Media’s Q1 Revenue Tiny, $406M Loss Fueled by Non-Cash Write-Downs

Trump Media & Technology Group, operator of Truth Social, reported Q1 2026 net sales of about $871,000 (up 6% YoY) and a $405.9 million net loss, with a $387.8 million adjusted EBITDA loss, driven largely by non-cash charges including unrealized digital-asset losses, asset pledges, accreted interest, and stock-based compensation. The company also posted a $17.9 million positive cash flow from operations and said it is pursuing growth initiatives, including expanding Truth Social and advancing its merger with TAE Technologies.

Coinbase Posts Q1 Loss as Trading Volumes Slump and Workforce Cuts Hit 14%
business1 month ago

Coinbase Posts Q1 Loss as Trading Volumes Slump and Workforce Cuts Hit 14%

Coinbase posted a $394 million net loss for Q1 2026 as revenue fell 31% to $1.4 billion and transaction revenue dropped 40%, missing expectations. The company also announced a 14% workforce reduction as it pivots toward AI-enabled operations, sending its shares lower after hours; management pointed to gains in derivatives, USDC and Base activity as positives amid softer crypto markets.

McDonald’s finds value-driven momentum to top Q1 estimates
business1 month ago

McDonald’s finds value-driven momentum to top Q1 estimates

McDonald’s beat Wall Street’s Q1 earnings estimates as it leaned into value with new menu items and beverages, posting adjusted EPS of $2.83 on revenue of $6.52 billion (up 9% YoY). Global same-store sales rose 3.8%, led by a 3.9% gain in the U.S. from higher average checks; international markets also posted solid gains. The company rolled out a sub-$3 menu, a $4 breakfast deal, and ongoing $5–$6 bundles, plus six new beverages to drive incremental visits. Management cited beef and packaging cost pressures but reaffirmed US food and paper inflation expectations in the low-to-mid single digits and reiterated plans to remove self-serve soda machines by 2032. Shares edged higher on the results.

IonQ posts standout Q1, raises full-year revenue target
business1 month ago

IonQ posts standout Q1, raises full-year revenue target

IonQ beat Q1 expectations with $64.7 million in revenue (vs. $49.7 million expected), posted an adjusted loss of $0.34 per share, and raised full-year revenue guidance by $25 million to $260–$270 million; it projected Q2 revenue of $65–$68 million, signaling renewed momentum in the trapped-ion quantum computing space as AI models from Nvidia aid calibration and error correction.

WBD Faces Big Q1 Hit from One-Time M&A Charges, Including $2.8B Termination Fee
business1 month ago

WBD Faces Big Q1 Hit from One-Time M&A Charges, Including $2.8B Termination Fee

Warner Bros. Discovery posted a $2.9 billion first‑quarter loss largely due to one‑time M&A charges, including a $2.8 billion termination fee Paramount paid Netflix to swap merger-board seats; executives say this should be a temporary accounting blip. Revenue slipped 3% to $8.9 billion, but HBO Max revenue rose about 7% and DTC ad revenue climbed 19%, with adjusted EBITDA flat at $2.2 billion. Net debt stood at $33.4 billion and free cash flow turned negative due to separation and transaction costs, as the company reiterates a potential merger close in Q3 and prepares for an earnings call.