Company News

Driven Brands beat first-quarter 2026 estimates with revenue up 8% to $484.4 million as Take 5 Oil Change logged a 23rd straight quarter of same-store growth. Shares rose as the company reaffirmed full-year guidance and pressed on with deleveraging.

Chewy beat first-quarter profit estimates with net sales up 7.7% to $3.36 billion and 21.5 million active customers. But the online pet retailer cut its 2026 sales outlook, citing cooler consumer spending, and the stock slipped.

J.Jill’s first-quarter fiscal 2026 sales fell 6% to $144.4 million and net income more than halved as tariffs squeezed gross margin to 68.3%. The women’s apparel brand reaffirmed its full-year outlook while trimming planned store growth and capital spending.

Designer Brands shares fell about 16% after first-quarter sales rose 1.4% but the DSW parent reaffirmed soft 2026 EPS guidance. A 240-basis-point margin gain and a 19.4% brands-unit surge were not enough to satisfy investors.

Academy Sports and Outdoors beat Wall Street expectations for the first quarter of fiscal 2026, with net sales up 6.7% to $1.44 billion and comparable sales returning to growth. The sporting goods retailer raised the low end of its full-year guidance and lifted its dividend.

Inditex reported first-quarter net profit of EUR 1.37 billion, up 5.4%, as sales rose 5.8% to EUR 8.75 billion and beat analyst forecasts. The Zara owner said store and online sales jumped 11.5% in the first month of the second quarter, sending shares higher.

Rent the Runway posted Q1 fiscal 2026 revenue of about $89.9 million, up 29.2%, and a narrower net loss. It was the first quarterly report since co-founder Jennifer Hyman stepped down as chief executive.

News deep dive: How retail companies issue guidance and why analysts care.