Fossil (FOSL) Q2 2026 Earnings Call Transcript

Fossil Group, Inc. (FOSL) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 FOSSIL GROUP, INC. REPORTS SECOND QUARTER 2026 FINANCIAL RESULTS Second quarter worldwide net sales totaled $210 million Gross margin expanded 490 basis points to 62.4% Second quarter operating income of $3 million and operating margin of 2%; constant currency adjust

Emera (EMA) completed the sale of New Mexico Gas Company, marking the end of its asset divestment plan. Q2 2026 earnings showed adjusted EPS at $0.69, down from $0.79 in Q2 2025, due to higher interest expenses and currency losses. The company invested $1.7B in H1 2026 and expects $4B in capital expenditures for the year. Florida operations drove growth, with adjusted profit up to $441M in H1 2026. Management reaffirmed its 5-7% annual adjusted EPS growth target through 2030.

Huntington Bancshares (HBAN) dropped 5.55% after lowering its 2027 EPS guidance to $1.75-$1.83 and 2026 net interest income growth to ~35%, citing rising deposit costs and loan pricing tightening. The Fed's rate hike exacerbated concerns about regional-bank margins, with peers like Fifth Third also seeing declines. Despite the selloff, Huntington's loan and deposit growth, along with fee income, provide some cushion. Analysts maintain an Overweight rating, with a price target of $21.

Toast's NTM price-to-earnings multiple fell to 19.36x, its lowest since IPO, despite Q2 earnings beat and raised guidance. Analysts increased price targets to $38.92, but insiders sold shares. Free cash flow margin dropped to 6.81% due to inventory buildup, raising concerns.

Samsung Electronics shares rose 3.45% to 270,000 won ($190) in early trading, driven by expectations of increased memory semiconductor demand from AI infrastructure investments. KB Securities forecasts second-half operating profit of 221 trillion won ($159.4 billion), up 587% year-over-year, citing strong memory market growth and AI-driven demand. Analysts expect expanded shareholder returns and a potential share price recovery.

Lennar (NYSE: LEN) missed fiscal Q3 2026 earnings estimates, reporting adjusted EPS of $1.23 on revenue of $8.05 billion. Shares fell to a 52-week low near $76.07. Other homebuilders like D.R. Horton (NYSE: DHI) and PulteGroup (NYSE: PHM) also reported weak revenue growth and rising cancellation rates due to affordability pressures and high mortgage rates. Lennar's Q4 guidance was cautious, citing labor availability, resale competition, and market conditions as challenges.