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Trex Company reported strong second-quarter sales, driven by broad-based demand and entry-level consumer return. The company raised full-year guidance and accelerated its wood-conversion strategy production timeline.
Tanger’s CEO attributed increased summer traffic and sales to World Cup tourism, noting the company operates in eight of eleven host cities and has seen strong performance from athletic brands.
SoftBank reported first-quarter profit of 347.3 billion yen, beating expectations, with an 1.3 trillion yen gain from its Intel stake offsetting declines in other investments including no gains from OpenAI.
Rheinmetall trimmed its 2026 sales guidance by 300 million euros following Germany’s cancellation of its F126 warship project, despite posting 39% first-half sales growth and a robust order backlog.
Nintendo beat profit and revenue estimates in its fiscal first quarter despite a 34.4% decline in Switch 2 hardware sales, maintaining its full-year outlook at 2.05 trillion yen.
Restaurant Brands International reported second-quarter earnings that exceeded analyst expectations, driven by strong Burger King performance in the U.S. and internationally, though other portfolio brands struggled.
