Company news from across global commerce: M&A, leadership changes, earnings, and corporate strategy.
Home Depot reports second quarter fiscal 2026 results on Tuesday, August 18, with consensus near $4.71 per share on about $47.5 billion of revenue. The quarter is being presented by an interim office of the chief executive, one day before 50% Section 338 duties on Canadian goods take effect.
Lowe’s reports second quarter fiscal 2026 results on Wednesday, August 19, with consensus looking for about $26.2bn in sales and $4.24 in EPS. The quarter is the clearest test yet of whether $10bn of Pro distribution acquisitions can offset a stalled home improvement consumer.
Walmart reports second quarter fiscal 2027 results on August 20, with consensus near USD 186.77 billion in revenue and USD 0.74 adjusted EPS. The quarter is the first full period under the new Section 301 forced labor duties, and it closes a day before 50% tariffs on Canadian goods begin.
Home Depot said chair, president and CEO Ted Decker has begun a temporary medical leave expected to last a few months. Senior EVP Ann-Marie Campbell and CFO Richard McPhail will split oversight of the retailer six days before it reports second quarter results.
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Walmart-owned Flipkart will enter Indian food delivery within weeks, group CEO Kalyan Krishnamurthy told ETtech. Swiggy shares fell as much as 5.55% and Eternal dropped nearly 3% on the news.
Tractor Supply cut its full-year 2026 outlook after Q2 comparable sales fell 1.5% on weak May weather. The retailer will close about 75 Petsense stores and withdrew its long-term financial targets.
Nestlé reported 3.6% organic growth for the first half of 2026 as pricing and a coffee-led recovery lifted sales, while e-commerce reached 21.8% of group revenue. Net profit fell 31% on divestment write-downs as CEO Philipp Navratil pressed ahead with a CHF 3 billion cost program and a bottled-water joint venture.
Domino’s second-quarter 2026 revenue beat estimates but adjusted profit missed as US same-store sales rose just 0.1 percent, a one-year low. Supply-chain strength and steady order counts cushioned softer per-order spending ahead of a CEO handover.