Track market-moving stories before they get noisy

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) will release its second quarter 2026 financial results on Tuesday morning, July 28, 2026. Textron will also host a conference call at 8:00 a.m. (Eastern) to discuss the results and the company's outlook. The call will be available via webcast at www.textron.com or by direct dial at (888) 596-4144 in the U.S. or (646) 968-2525 outside of the U.S.; Access Code: 6969175. In addition, the call will be recorded and available for playback be.

US-listed Bitcoin (BTC) exchange-traded funds (ETFs) recorded $4.5 billion in net outflows during June 2026. This was the worst monthly figure since the products launched in January 2024.

The redemptions coincided with a sharp price decline. Bitcoin fell 20.48% over the month, its steepest monthly drop since June 2022, when the asset shed 37.28% during that cycle’s collapse.

IBIT Leads the Institutional RetreatJune’s outflows broke the previous monthly record of $3.56 billion, set in February 2025 during an earlier stretch of market stress.

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Bitcoin ETF Monthly Flows. Source: SoSoValueBlackRock’s iShares Bitcoin Trust (IBIT) accounted for the bulk of the outflows. The fund alone shed $3.55 billion, close to 79% of the category’s total redemptions.

That concentration is striking. IBIT’s single-fund outflow nearly matched the entire category’s prior monthly record on its own.

The price data reinforces the pressure. Bitcoin closed four of 2026’s first six months in negative territory, with June’s 20.48% decline the deepest of the year.

How Crypto ETFs Performed in June 2026The weakness extended beyond Bitcoin, though the scale varied across categories. Ethereum (ETH) ETFs posted $528.99 million in June outflows, SoSoValue data showed.

Solana (SOL) ETFs recorded net outflows of roughly $786,580. The figure is small, but it marks the first monthly outflow for Solana ETFs since their launch, ending a run of positive months.

Top Crypto ETFs Performance in June. Source: BeInCryptoNot every category turned negative. XRP (XRP) ETFs drew $59.46 million in net inflows during June, holding positive despite the broader downturn.

Hyperliquid (HYPE) ETFs led the group with $161.05 million in inflows, the strongest June showing across the products.

The split suggests capital rotated within crypto rather than exiting entirely. Newer altcoin products absorbed fresh money even as the two largest categories saw sustained redemptions.

Whether that rotation hardens will depend on how Bitcoin trades in July, since a price rebound could pull capital back toward the incumbents.

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At some point, a streak stops being a streak and starts being a structural reality. Solana dApps generated $257 million in revenue during Q2 2026, topping every Layer 1 and Layer 2 blockchain on the market. That is nine consecutive quarters of leading the pack, which means Solana has held this title since roughly the beginning of 2024.

To put the consistency in perspective: Ethereum, Tron, Base, and Hyperliquid have all had their moments in the spotlight. None of them has managed to dislodge Solana from the top position for over two years.

What is driving the numbers Solana’s revenue engine runs on three main cylinders: memecoins, decentralized finance, and consumer-facing applications.

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For context, Q2 2025 saw Solana dApp revenue come in above $271 million, which means the Q2 2026 figure of $257 million represents a slight year-over-year dip but still comfortably leads all competitors. Monthly snapshots from January 2026 showed the network crossing the $100 million mark in dApp revenue within a single month, suggesting the quarterly totals are the product of sustained activity rather than one or two blowout weeks.

Earlier in 2026, Solana was reported to have captured roughly 41% of total Web3 dApp revenue across the ecosystem. That is not a plurality. That is a near-majority of an industry-wide metric, held by a single network.

Why the competition has not caught up Ethereum’s Layer 2 ecosystem, which includes Base and others, has grown substantially over the past two years. But L2 revenue is fragmented across multiple chains, and aggregating it still does not consistently match what Solana generates as a single, unified network. Tron remains dominant in stablecoin transfers, a different metric entirely. Hyperliquid has carved out a strong niche in on-chain perpetuals trading, but niche dominance is not the same as broad dApp revenue leadership.

What this means for investors and the broader market Revenue figures for blockchain dApps matter for a specific reason: they are one of the cleaner signals of genuine economic activity on a network, as opposed to metrics like total value locked, which can be inflated by recursive deposits, or daily active addresses, which can be gamed.

When a network generates $257 million in dApp revenue in a single quarter, that money came from users paying for something they wanted. It is demand-driven, not incentive-driven.

For SOL as an asset, sustained dApp revenue leadership creates a plausible fundamental narrative. Network usage drives fee revenue. Fee revenue, particularly after Solana’s move toward priority fee structures, flows in part to validators and stakers.

The more immediate risk worth watching is whether the memecoin trading activity that has contributed meaningfully to Solana’s volume figures proves durable. If that category cools significantly, the quarterly revenue figures will feel it. What investors should track going into Q3 2026 is whether Solana can sustain the $200 million-plus quarterly threshold without a memecoin supercycle propping up the numbers.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Solana’s memecoin factory is back in business. After months of steadily declining activity, the Pump.fun platform just recorded its highest daily token launch and graduation numbers in 80 days, driven almost entirely by the explosive arrival of a single token: $ANSEM.

The token, officially called “The Black Bull,” is a community-driven memecoin inspired by popular crypto influencer Ansem (@blknoiz06). It launched on Pump.fun in late June and proceeded to defy all reasonable expectations. The price surged approximately 19,878% over the course of seven days, hitting an all-time high near $0.121 on June 29.

From ghost town to gold rush Over the three months prior, activity on the platform had cratered by roughly 80%. Daily graduations to decentralized exchanges were averaging a paltry 0.26%.

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Within 24 hours of peak trading activity, volume on the token exceeded $80 million. The fully diluted valuation briefly crossed $120 million. The deployer wallet reportedly spent around $6,300 to launch the token. Ansem’s own wallet peaked at over $71 million in value.

The catalyst for much of this frenzy was Ansem’s announcement that he would airdrop accumulated creator fees on a weekly basis.

The airdrop blitz Between June 27 and June 29, Ansem distributed approximately $7 million worth of $ANSEM tokens across hundreds of wallets. The stated goal was to grow the holder base from roughly 25,000 to nearly 1 million.

Competitive variants and the dilution problem As with every successful memecoin, $ANSEM’s rise has spawned a swarm of imitators. Multiple ANSEM-named variants have appeared on the platform, each trying to draft off the original’s momentum. The risk is straightforward: investor attention and capital get fragmented across competing tokens, making it harder for any single one to sustain momentum.

After peaking near $0.121, $ANSEM experienced a price correction.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Table of contents

Last Updated: July 1, 2026

Bitcoin briefly slipped to $57,800.19 on July 1, 2026, its lowest level in weeks, before recovering to trade at $58,904.32 as the new month opens with the same pressure that defined June’s final days. The Fear & Greed Index has fallen to 11, a fresh cycle low that erases the marginal recovery seen at the end of June, when the gauge briefly ticked up to 15. Sentiment has now spent more than a week locked in Extreme Fear, and today’s intraday breakdown below $58,000 confirms the correction hasn’t found a durable floor yet. The defining story remains the same divergence that shaped June’s final days: Solana continues to outperform, up 8.43% on the week, while Bitcoin, Ethereum, XRP, BNB, and TRON all remain in negative territory.

Key Takeaways Bitcoin fell to an intraday low of $57,800.19 before recovering to $58,904.32, down 0.11% on the 12:00 hourly candle Fear & Greed Index falls to 11 (Extreme Fear), down from 15 yesterday and 17 last week — the lowest reading of the current cycle Solana is the standout performer: +8.43% weekly, the only top-10 asset with strong positive momentum Ethereum down 5.28% weekly to $1,579.45, holding up slightly better than Bitcoin on a relative basis XRP, BNB, and TRON all posted weekly losses between 4.3% and 4.9%, tracking the broader market decline Crypto Market Snapshot — July 1, 2026 AssetPrice24h7dMarket CapVolume (24h)Bitcoin (BTC)$58,904.32-0.11%-5.98%$1.18T$33.74BEthereum (ETH)$1,579.45-0.30%-5.28%$190.61B$9.83BTether (USDT)$0.9987+0.03%+0.01%$184.43B$68.02BBNB$546.18-0.60%-5.24%$73.61B$1.18BUSDC$0.9997+0.01%+0.01%$73.33B$12.78BXRP$1.04+0.16%-4.91%$65.03B$1.59BSolana (SOL)$75.12+2.04%+8.43%$43.63B$3.18BTRON (TRX)$0.3159-0.74%-4.31%$29.96B$641.67MHyperliquid (HYPE)$63.62-1.04%+2.08%$16.09B$556.29MDogecoin (DOGE)$0.07111-0.37%-10.00%$12.13B$834.8M Fear & Greed at 11: A Fresh Cycle Low The Fear & Greed Index printed 11 today, dropping below the previous cycle low of 12 set on June 29 and reversing the brief uptick to 15 seen just yesterday. The trajectory over the past month tells the story: last month the index read 29 (Fear), last week 17 (Extreme Fear), and now 11 — the deepest Extreme Fear reading of the entire 2026 correction. This marks the first time in the cycle that sentiment has failed to build on a recovery attempt, suggesting traders remain unwilling to add risk even as prices stabilize in familiar ranges. Sustained readings this low have historically preceded relief rallies, though the timing of any reversal remains uncertain.

Bitcoin: Breaks Below $58,000 Before Recovering Bitcoin fell as low as $57,800.19 in intraday trading on July 1 — its weakest level since the May cycle low — before buyers stepped in to push price back to $58,904.32. The 24-hour range spanned $57,800.19 to $59,457.00, reflecting the sharp volatility that has characterized the past several sessions. The broader 1-week chart shows BTC opening above $60,900 on June 26, grinding lower through a choppy mid-week stretch, breaking down sharply below $58,500 on June 30, and now testing that low again on July 1 before a modest bounce. The 7-day moving average has now crossed below the 25-day and 99-day averages, a bearish technical signal that reflects the accelerating short-term downtrend. 24-hour volume reached 21,429 BTC (roughly $1.26 billion), consistent with active repositioning rather than a single directional catalyst. With price briefly breaching $58,000, BTC has now moved closer to a retest of its May 2026 cycle low of $59,130 than at any other point since that low was set. For continuous updates, see our Bitcoin news today page.

Solana: The Only Top-10 Asset in Positive Weekly Territory Solana remains the clear leader among major assets, gaining 8.43% over the past week to $75.12, with a further 2.04% gain over the last 24 hours alone. The 1-week chart shows a powerful recovery structure — SOL bottomed near $69 in late June before staging a sustained climb through $72 and $74, closing the week above $75. Volume reached $3.18 billion, confirming genuine participation behind the move rather than thin trading. Solana’s relative strength continues to outpace Bitcoin and Ethereum by a wide margin, positioning it as the standout story of the current correction cycle.

Ethereum: Holding Above $1,575 Despite Broader Weakness Ethereum is down 5.28% over the past week to $1,579.45, a decline roughly in line with Bitcoin’s but occurring against a backdrop of persistent spot ETF outflow headlines and ongoing scrutiny of the Ethereum Foundation’s restructuring. Volume of $9.83 billion suggests the market continues to actively reprice the asset rather than sitting on the sidelines. The key level to watch heading deeper into July is whether ETH can build a stable base above $1,550. For daily coverage, see our Ethereum news today tracker.

XRP, BNB, and TRON Track the Broader Decline XRP, BNB, and TRON posted comparable weekly losses of 4.91%, 5.24%, and 4.31% respectively, tracking the broader market pullback rather than showing any asset-specific catalyst. XRP trades at $1.04 with the CLARITY Act still awaiting Senate action following its recess. BNB sits at $546.18, while TRON continues to hold up marginally better than its large-cap peers at $0.3159, consistent with its typically defensive profile during broad drawdowns.

Dogecoin: Weakest Performer in the Top 10 Dogecoin remains the clear underperformer among major assets, down 10.00% over the past week to $0.07111 — nearly double the decline of the next-weakest asset. With no underlying utility catalyst, DOGE continues to function as the purest sentiment proxy in the top 10, and its outsized weekly loss reflects just how compressed risk appetite has become during the depths of Extreme Fear.

What August Inherits From July’s Opening Day July opens with sentiment at its lowest point of the entire 2026 correction cycle, and Bitcoin’s brief break below $58,000 shows the pressure hasn’t fully released even as Solana continues to demonstrate that idiosyncratic strength is possible within a broadly bearish macro backdrop. The path forward into July will likely hinge on three factors: whether the Fear & Greed Index can build on any recovery attempt without immediately reversing, whether Bitcoin can reclaim the $59,000 zone on a sustained basis after today’s dip toward $57,800, and whether Ethereum’s relative resilience this week marks the start of a genuine bottoming process.

Compare Crypto Prices Today Bitcoin Price Ethereum Price XRP Price Solana Price BNB Price TRON Price Where to Buy Binance — largest global exchange by trading volume, wide asset selection Coinbase — beginner-friendly, strong regulatory compliance in the US Kraken — established security track record, robust fiat on-ramps KuCoin — deep altcoin listings Gate.io — wide range of trading pairs OKX — advanced trading tools and derivatives For long-term holders, self-custody via a hardware wallet is recommended over keeping large balances on exchanges.

FAQ Why did Bitcoin drop to $57,800 today? Bitcoin briefly fell to an intraday low of $57,800.19 during heightened volatility as the Fear & Greed Index hit a cycle low of 11, before recovering to trade near $58,900.

What is the Fear & Greed Index reading today? The index reads 11, classified as Extreme Fear, down from 15 yesterday and 17 last week — the lowest reading of the entire 2026 correction cycle.

Which cryptocurrency is performing best this week? Solana is the top performer among major assets, up 8.43% over the past seven days, while most other top-10 coins remain in negative territory.

Is Dogecoin still falling? Yes. Dogecoin is down 10.00% over the past week, making it the weakest performer among major cryptocurrencies during the current correction.

Beyond the details provided by the official announcement, the timing of the alliance between South Korea's third-largest internet-only bank and a public blockchain says a lot.

On June 19, Toss Bank, an online-only bank in Korea, and the Solana Foundation, an organization that supports Solana, signed a memorandum of agreement in Seoul. This is the first direct relationship between these two entities.

To see whether stablecoins can help with international transactions and remittances cheaper and more effectively than conventional banking systems, the effort will go through a proof-of-concept phase.

Currently, seven distinct currencies power Toss's operations in thirty different nations.

The deal was sealed at Toss Bank's headquarters in Seoul by Park Jin-hyun, head of strategy, and Lily Liu, president of the Solana Foundation.

No binding legal force may be exerted by the memorandum of understanding. The significance of the element is overshadowed by the surrounding context.

The IPO Subtext

Reports indicate that Viva Republica, the parent company of Toss Bank, is valued at more than $10 billion, with some estimations coming close to $20 billion.

The corporation is preparing for an American IPO.

The paid-in capital of Toss Bank has increased to almost 1.4 trillion won through six rounds of fundraising, with the organization successfully securing over $1.2 billion from major investors including GIC, Sequoia China, and Kleiner Perkins.

A prospectus is improved in three major ways compared to a remittance feature alone when an agreement is reached with a blockchain foundation four months before a listing roadshow.

At first, this changes Viva Republica's image from that of a small-town neobank to that of an important participant in the international payments system, interacting with a worldwide payments industry that, according to some estimates, is nearly $320 trillion.

This narrative, in contrast to being referred to as "Korean Chime," receives a different valuation on Nasdaq.

Next, it highlights a compliance-oriented strategy by highlighting features like AML/KYC integration, a well-established banking license, and regulatory frameworks.

US institutional investors, who differentiate between licensed financial tech firms investigating blockchain and those operating in the unregulated cryptocurrency arena, find this very attractive.

As a third benefit, blockchain settlement may lead to lower marginal costs per transaction, which is an important factor for pre-IPO margin calculations.

This is not just an attempt to sweeten the sale. The time between the events of "MOU signed" and "shipped product" should be taken into account when determining values, not disregarded.

What's Actually Being Tested

The mechanics are purposefully limited in their use. The Solana Foundation supplies the infrastructure for settlement, while Toss oversees the user experience and financial services.

In the first stage, we test the waters to see if we can transfer stablecoins on the Solana network and integrate settlement with existing remittance processes in a way that complies with the anti-money-laundering, know-your-customer, and consumer protection rules that govern Toss's licensed transfer operations.

In January 2026, Toss expanded its foreign remittance service to 30 countries; this proof of concept builds upon that base instead of beginning from square one.

If the first phase is successful, the next steps will involve tokenizing physical assets, expanding the range of digital assets offered, and payment methods.

When contrasted with the antiquated SWIFT system, which is weighed down by long settlement delays and various intermediary fees, Solana's near-instant finality and transaction costs of a fraction of a penny stand out.

The uptime record has improved greatly since the network's reputation was established by the failures.

The fact that Solana has gone more than 15 months without a major consensus failure is taken seriously by institutional risk committees as proof of reliability, not luck.

Skepticism is evident, nevertheless, because the viewpoint that "Solana requires three years without an outage" is still voiced, even in comment letters sent to the SEC.

In late 2025, with the release of Firedancer and the upcoming Alpenglow consensus update, validator client diversity will be implemented to resolve concerns by drastically decreasing the finality time from 12 seconds to 150 milliseconds.

These innovations address the widespread doubt by providing technological answers.

Despite increases in throughput and uptime, they haven't totally resolved the issue; the number of validators has reduced from over 2,500 to about 800, suggesting a tendency towards concentration that goes against the narrative of decentralization.

Korea's Crowded Stablecoin Field

Solana has had and will continue to have many institutional partners in Korea, including Toss.

A pilot initiative centered on stablecoin payments was launched in April by Shinhan Card and the Solana Foundation. Shinhan Card is the top credit card provider in the country.

Wavebridge and Solana have separately signed an MOU that will center on a won-pegged stablecoin developed for use by institutions. In conjunction with well-known Korean financial institutions, this project will introduce on-chain settlement and tokenized deposit features.

Currently, eight different commercial banks are undergoing regulatory examination as they develop a KRW stablecoin that is built on trust and backed by deposits.

A wholesale CBDC and tokenized-deposit trial is underway at the Bank of Korea, and 100,000 users are a part of it.

This project lays the groundwork for a compliant innovation in bank-grade stablecoin remittance products, rather than a strategy to take advantage of regulatory loopholes.

The tendency is toward more scrutiny, not less, and that framework is changing fast.

The Financial Intelligence Unit of South Korea pushed for the elimination of the worldwide minimum transaction threshold for the Travel Rule during the June 15–19 FATF plenary in Paris.

The Toss-Solana signing occurred around the same time as this endeavor, as they argued that the current limit of 1 million won (about $730) promotes "smurfing," the practice of dividing large transactions into smaller sums in order to avoid detection.

That threshold will be eliminated entirely on August 20, 2026, according to a change to the Enforcement Decree in Korea.

Furthermore, stablecoins used in international transactions would be classified as an official "means of payment" under the Foreign Exchange Transactions Act under the Digital Asset Basic Act, which is Korea's "Phase 2" framework.

It is expected to be implemented beginning in December 2026 and will provide a new registration system for cross-border virtual-asset transfer enterprises as well as mandate over 100% reserve backing.

Now is the time for a financial institution to position itself ahead of that deadline while still functioning inside a regulated and compliance environment.

Adjustments will be made to improve operations by a financial technology business that transitions later on, beyond its existing scope.

The Market's Verdict, So Far: Muted

As trading activity increased by single-digit percentages, SOL's price rose slightly to around $74 after the news.

It was already difficult to pin the shifts in risk assets that week on the Toss news alone when concomitant reports about U.S.-Iran peace talks began making headlines.

There is meaning in that muted reaction.

The market has grown accustomed to discounting collaborations announced at this level until concrete proof-of-concept data and regulatory permissions are revealed.

This trend has been seen before with Shinhan, Western Union’s Solana-based stablecoin attempts, and a slew of bank MOUs.

Until the end of June, the price of SOL ranged from $60 to $88.

A weekly closing below the $60-65 area might imply a probable collapse towards $30, according to analysts.

Even though the network has processed more than 100 billion transactions in its history, spot Solana ETFs have had net outflows as late as June 26.

Forming the crucial structural framework for the Toss agreement is the difference between rising on-chain use milestones and lacklustre ETF flows, as well as a price that is still around two-thirds below its all-time highs.

Among the many prominent institutional relationships that Solana is amassing are those with Toss, Shinhan, Western Union, and integrations with Visa-related commerce, as well as a staking ETF linked to Morgan Stanley.

Supporters of the changes are hoping that the network's risk premium would go down as a result.

Although it has improved, its dependability history is still not up to the long-term criteria that institutional risk teams are looking for, and it still has validator concentration and an unsolved securities-classification issue.

The Takeaway

Rather than being a finished solution, the Toss-Solana MOU shows a major path for the future of Korean banking infrastructure.

The biggest neobanks in Korea aren't sitting on their hands; instead, they're getting ready for the impending foreign-exchange revamp in December and the tightening of the Travel Rule in August.

Rethinking the best way for US allocators to model the company has been prompted by the incorporation of a blockchain framework into Viva Republica's IPO story.

This bodes well for Solana's institutional pipeline, which is large, strong, and growing; yet, until the proof-of-concept data passes compliance review and a working product is released, these agreements are only declarations of intent.

All eyes are on the memorandum of agreement. The results that matter the most will be disclosed in the second round of testing after Toss begins to connect its AML/KYC systems and partner networks.

Hess Midstream LP is transitioning from heavy infrastructure investment to maximizing cash generation and increasing shareholder returns, forming the basis for my Buy rating. HESM's fee-based business model, supported by long-term agreements and minimum volume commitments, underpins dependable cash flows and sustainable distribution growth. Management targets at least 5% annual distribution growth through 2028, alongside disciplined unit repurchases, prudent debt management, and selective acquisitions.

The July 2026 Top 25 High-Growth Dividend Stocks list targets high-quality companies with strong dividend growth and attractive valuations. The list's average starting yield is 1.13%, with a collective 5-year dividend growth rate of 16.24% and an estimated +23% annual long-term return. Key standouts include Nvidia (NVDA) for growth and undervaluation, Accenture (ACN) and Intuit (INTU) for high yields, and Monolithic Power (MPWR) for dividend growth.

Establishes Leading end-to-end IT/OT Networking Solution for Enterprise and Industrial Customers

ST. LOUIS--(BUSINESS WIRE)--Belden Inc. (NYSE: BDC) (“Belden” or the “Company”), a leading global supplier of specialty networking solutions, today announced that it has completed its acquisition of RUCKUS Networks (“RUCKUS”), a global provider of intelligent network solutions, from Vistance Networks (Nasdaq: VISN).

RUCKUS’ leading enterprise networking portfolio, including industry-leading Wi-Fi, enterprise switching capabilities and AI driven network management platforms, make Belden a preeminent provider of complete, end-to-end IT/OT networking solutions. The acquisition materially expands the combined organization's addressable market and capitalizes on a significant industrial opportunity while delivering compelling enhancements to Belden’s financial profile.

“We are pleased to officially welcome RUCKUS into the Belden family," said Ashish Chand, President and CEO of Belden. “This addition to our portfolio accelerates our transformation into a full-stack networking solutions provider that delivers broader, higher-value solutions for customers across enterprise and industrial environments. I look forward to working with the full team as we capitalize on the benefits of this acquisition to create long-term value for customers and stockholders alike.”

Advisors

Lewis Rice is serving as lead legal advisor and Joele Frank, Wilkinson Brimmer Katcher is serving as strategic communications advisor to Belden.

Forward-Looking Statements

This release contains, and any statements made by us concerning the subject matter of this release may contain, forward-looking statements, including anticipated benefits from the RUCKUS acquisition, expected strengthening of Belden’s product offering, future market, growth and synergy opportunities, and the level of RUCKUS expected growth and financial contributions, including adjusted earnings per share, adjusted gross margin, adjusted EBITDA and adjusted EBITDA margin, and our outlook for net leverage, the remainder of 2026 and beyond. Forward-looking statements also include any statements regarding future financial performance (including revenues, growth, expenses, earnings, margins, cash flows, dividends, capital expenditures and financial condition), plans and objectives, and related assumptions. In some cases these statements are identifiable through the use of words such as “anticipate,” “believe,” “estimate,” “forecast,” “guide,” “expect,” “intend,” “plan,” “project,” “target,” “can,” “could,” “may,” “should,” “will,” “would” and similar expressions. Forward-looking statements reflect management’s current beliefs and expectations and are not guarantees of future performance. Pro forma, projected and estimated numbers are used for illustrative purposes only, are not forecasts, and may not reflect actual results. Actual results may differ materially from those suggested by any forward-looking statements for a number of reasons, including, without limitation: the inability to integrate and/or realize the benefits of the RUCKUS acquisition, including expected synergies; that the announcement of the acquisition could disrupt Belden’s or RUCKUS’ relationships with customers, employees or other business partners; disruptions in the Company’s information systems including due to cyber-attacks; the impact of volatility in global trade policies and tariffs; the impact of disruptions in the global supply chain, including the inability to timely obtain raw materials and components in sufficient quantities on commercially reasonable terms; foreign and domestic political, economic and other uncertainties, including changes in currency exchange rates; the impact of a challenging global economy, including the impact of inflation, or a downturn in served markets; inflation and changes in the price and availability of raw materials leading to higher input and labor costs; the competitiveness of the global markets in which we operate; the inability of the Company to develop and introduce new products; competitive responses to our products; the inability to successfully implement artificial intelligence into our product offerings and back office processes; our reliance on legacy information technology systems and the challenges associated with their maintenance and upgrade; difficulty in forecasting revenues due to the unpredictable timing of orders related to customer projects as well as the impacts of channel inventory; the inability to execute and realize the expected benefits from strategic initiatives (including revenue growth, cost control, and productivity improvement programs); the inability to achieve our strategic priorities in emerging markets; the presence of substitute products in the marketplace; the impacts of extreme weather events and other climate-related catastrophes; the possibility of future epidemics or pandemics; volatility in credit and foreign exchange markets; changes in tax laws and variability in the Company’s quarterly and annual effective tax rates; the inability to successfully complete and integrate acquisitions, in furtherance of the Company’s strategic plan, as well as the inability to accurately forecast the financial impacts of acquisitions; the inability to retain key employees; disruption of, or changes in, the Company’s key distribution channels; the presence of activists proposing certain actions by the Company; perceived or actual product failures; the impact of regulatory requirements and other legal compliance issues; inability to satisfy the increasing expectations with respect to sustainability matters; assertions that the Company violates the intellectual property of others and the ownership of intellectual property by competitors and others that prevents the use of that intellectual property by the Company; risks related to the use of open source software; the impairment of goodwill and other intangible assets and the resulting impact on financial performance; disruptions and increased costs attendant to collective bargaining groups and other labor matters; and other factors.

For a more complete discussion of risk factors, please see our Annual Report on Form 10-K for the period ended December 31, 2025, filed with the SEC on February 17, 2026. Although the content of this release represents our best judgment as of the date of this report based on information currently available and reasonable assumptions, we give no assurances that the expectations will prove to be accurate. Deviations from the expectations may be material. For these reasons, Belden cautions readers to not place undue reliance on these forward-looking statements, which speak only as of the date made. Belden disclaims any duty to update any forward-looking statements as a result of new information, future developments, or otherwise, except as required by law.

About Belden

Belden Inc. delivers complete connection solutions that unlock untold possibilities for our customers, their customers and the world. We advance ideas and technologies that enable a safer, smarter and more prosperous future. Throughout our 120+ year history we have evolved as a company, but our purpose remains: making connections. By connecting people, information and ideas, we make it possible. We are headquartered in St. Louis and have manufacturing capabilities in North America, Europe, Asia and Africa. For more information, visit us at www.belden.com; follow us on Facebook, LinkedIn and X/Twitter.

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Life Time Group Holdings (LTH) maintains a buy rating as growth quality improves, with stronger fundamentals and healthier balance sheet. Comparable center revenue grew 8.6% in Q1, driven by membership mix, pricing, and in-center spend rather than just member count. LTH is strategically shifting to higher-value memberships and larger club formats, supporting higher revenue per member and a robust new-club pipeline.

NEW YORK, July 01, 2026 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds investors of its investigation on behalf of Primoris Services Corporation (“Primoris” or the “Company”) (NYSE:PRIM) investors concerning the Company’s and/or members of its senior management’s possible violation of the federal securities laws or other unlawful business practices.

[LEARN MORE ABOUT THE INVESTIGATION]

What Happened?

On May 5, 2026, Primoris reported its first quarter 2026 financial results and updated its full-year outlook. Among other things, the Company disclosed revenue of $1.6 billion, down 5.4% compared to the prior-year period, and net income of $17.4 million, compared to $44.2 million in the prior-year period. Primoris further disclosed that Energy segment operating income decreased by $49.1 million, or 62.2%, compared to the prior-year period, due to decreased revenue and increased costs on certain renewable energy projects. The Company stated that these higher costs were driven in part by project redesign efforts, changes in project sequencing, labor productivity challenges, and unfavorable weather conditions. Energy gross profit as a percentage of revenue declined to 7.6%, compared to 10.7% in the prior-year period. On this news, the price of Primoris shares declined by $101.69 per share, or approximately 50%, from $202.92 per share on May 5, 2026 to close at $101.23 on May 6, 2026.

Then on June 22, 2026, Primoris issued a Business Update revealing additional challenges and cost overruns in its Renewables business. The Company disclosed that the expected cost overruns were primarily related to six previously discussed projects, with several of those projects now expected to reach substantial completion during the third and fourth quarters of 2026. Primoris also disclosed that it anticipated lower revenue and gross profit for full-year 2026, primarily driven by lower expected revenue and gross profit in the Renewables business. The Company stated that it now expects full-year 2026 Renewables revenue of approximately $2.1 billion, compared to approximately $3.0 billion for full-year 2025. As a result, Primoris again reduced its full-year 2026 outlook. The Company now expects net income of $71 million to $101 million, EPS of $1.30 to $1.85, adjusted EPS of $2.05 to $2.60, and adjusted EBITDA of $275 million to $325 million. This compares to its prior May 2026 guidance of net income of $223 million to $234 million, EPS of $4.05 to $4.25, adjusted EPS of $4.80 to $5.00, and adjusted EBITDA of $480 million to $500 million. Primoris also announced the departure of Jeremy Kinch from the Chief Operating Officer role, effective immediately. On this news, the price of Primoris shares declined by $23.39 per share, or approximately 22%, from $108.34 per share on June 22, 2026 to close at $84.95 on June 23, 2026.

What Should I Do?

At this stage, no lawsuit has been filed. The investigation is ongoing to determine whether claims may be brought under federal securities laws.

If you purchased or otherwise acquired Primoris securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at [email protected], or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.

[LEARN MORE ABOUT SECURITIES CLASS ACTIONS]

Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts
Kirby McInerney LLP
Lauren Molinaro, Esq.
212-699-1171
https://www.kmllp.com
https://securitiesleadplaintiff.com/
[email protected]

HOUSTON--(BUSINESS WIRE)--Oceaneering International, Inc. (“Oceaneering”) (NYSE:OII) announced today the expiration and results of the previously announced cash tender offer (the “Offer”) to purchase any and all of its outstanding 6.000% Senior Notes due 2028 (the “Notes”). The Offer was announced on June 24, 2026 and was made pursuant to the Offer to Purchase dated June 24, 2026 (the “Offer to Purchase”) and the related Notice of Guaranteed Delivery (together, the “Tender Offer Documents”).

According to information received from Global Bondholder Services Corporation, the Depositary and Information Agent for the Offer, as of 5:00 p.m., New York City time, on June 30, 2026 (the “Expiration Time”), valid tenders had been received at the expiration of the Offer in the amount and percentage set forth in the table below.

Title of
Security

CUSIP Numbers(2)

Aggregate
Principal
Amount
Outstanding

Purchase
Price per
$1,000
Aggregate
Principal
Amount of
Notes

Principal Amount Tendered(3)

Percentage
of Principal
Amount
Tendered(3)

6.000%
Senior
Notes due
2028(1)

675232 AB8

675232 AD4

$500,000,000

$1,018.46

$399,774,000

79.95%

Subject to the completion of Oceaneering’s previously announced offering of $500,000,000 aggregate principal amount of 6.875% Senior Notes due 2034 (the “2034 Notes”) in a private placement to eligible purchasers, which is expected to close on July 6, 2026, subject to customary closing conditions, Oceaneering expects to accept for purchase all Notes validly tendered and not validly withdrawn at or prior to the Expiration Time and all Notes properly delivered pursuant to guaranteed delivery procedures and expects to make payment for all such Notes on July 6, 2026.

Oceaneering intends to redeem all remaining outstanding Notes. In connection with the Offer, Oceaneering issued a conditional notice of full redemption to redeem any and all Notes that remain outstanding following the Offer on or around July 25, 2026 pursuant to the indenture governing the Notes. This press release does not constitute a notice of redemption or an offer to purchase the Notes not purchased in the Offer.

J.P. Morgan Securities LLC acted as dealer manager (the “Dealer Manager”) for the Offer. Global Bondholder Services Corporation served as the Depositary and Information Agent for the Offer.

This press release is neither an offer to purchase nor a solicitation of an offer to sell the Notes. The Offer is being made only by, and pursuant to the terms of, the Offer to Purchase and the related Notice of Guaranteed Delivery. The Offer is not being made in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky, or other laws of such jurisdiction. In any jurisdiction where the laws require the Offer to be made on Oceaneering’s behalf by a licensed broker or dealer and the Dealer Manager or one of the Dealer Manager’s affiliates is such a licensed broker or dealer in any such jurisdiction, the Offer will be deemed to be made by the Dealer Manager or affiliate, as the case may be, on behalf of Oceaneering. This press release is neither an offer to sell nor a solicitation of an offer to buy any securities or other financial instrument that constitute financing for the Offer.

This release contains “forward-looking statements,” as defined in the Private Securities Litigation Reform Act of 1995, including, without limitation, statements concerning the expected timing for settlement of the Offer and the closing of Oceaneering’s offering of the 2034 Notes, the conditions to the Offer, and other matters relating to the Offer and the subsequent redemption of the Notes. The forward-looking statements included in this release are based on Oceaneering’s current expectations and are subject to certain risks, assumptions, trends, and uncertainties that could cause actual results to differ materially from those indicated by the forward-looking statements. For a more complete discussion of these and other risk factors, please see Oceaneering’s latest annual report on Form 10-K and subsequent quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission. You should not place undue reliance on forward-looking statements. Except to the extent required by applicable law, Oceaneering undertakes no obligation to update or revise any forward-looking statement.

About Oceaneering

Oceaneering is a global technology company delivering engineered services and products and robotic solutions to the offshore energy, defense, aerospace, and manufacturing industries.

More News From Oceaneering International, Inc.

WALTHAM, Mass.--(BUSINESS WIRE)--Revvity, Inc. (NYSE: RVTY) announced that its Revvity Signals Software business has joined Anthropic's directory for Model Context Protocol (MCP) connectors, enabling scientists to access Signals AI capabilities and connected R&D knowledge through Claude, including Claude Science, Anthropic’s new AI workbench for scientific research.

As organizations increasingly adopt artificial intelligence to accelerate scientific research, the challenge is ensuring AI models have access to trusted scientific data, context and knowledge. Through the Signals MCP connector, Claude can securely access information through Signals' intelligence layer, helping researchers search, understand and act on complex R&D data using natural language.

"Signals AI was designed to help scientists transform connected R&D data into understanding, decisions and action," said Kevin Willoe, president of Revvity Signals Software. "By joining Anthropic's MCP ecosystem, we're extending the reach of our Signals AI beyond our Signals One platform and enabling researchers to combine Claude's reasoning capabilities with the governed data, ontology-driven scientific context and trusted knowledge managed across the entire Revvity Signals offering."

The integration complements the recently launched Signals AI native agentic framework, which embeds AI capabilities across the Signals One™ platform. Signals AI brings leading large language model (LLM) capabilities directly into the Signals platform, while the Signals MCP connector enables scientists who choose to work in Claude to securely access their connected R&D data and scientific context from Signals. By connecting Claude to the Revvity Signals platform, scientists can access organizational knowledge, experimental data and scientific context through natural language interactions while maintaining traceability and scientific precision.

About Revvity

At Revvity, “impossible” is inspiration, and “can’t be done” is a call to action. Revvity provides health science solutions, technologies, expertise, and services that deliver complete workflows from discovery to development, and diagnosis to cure. Revvity is revolutionizing what’s possible in healthcare, with specialized focus areas in translational multi-omics technologies, biomarker identification, imaging, prediction, screening, detection and diagnosis, informatics and more.

With 2025 revenue of $2.9 billion and approximately 11,000 employees, Revvity serves customers across pharmaceutical and biotech, diagnostic labs, academia and governments. It is part of the S&P 500 index and has customers in more than 160 countries.

Stay updated by following our Newsroom, LinkedIn, X, YouTube, Facebook and Instagram.

Jul 1, 2026 6:45 AM Eastern Daylight Time

MENTOR, Ohio--(BUSINESS WIRE)--Avery Dennison Corporation (NYSE: AVY), a leading global materials science and digital identification solutions company, today announced it will host its second quarter 2026 earnings conference call at 11:00 a.m. ET on Thursday, July 30, 2026. The company’s second quarter 2026 earnings release will be issued that morning at approximately 6:45 a.m. ET.

The event will be webcast live, and the replay will be available on Avery Dennison's Investor Relations website (www.investors.averydennison.com).

About Avery Dennison

Avery Dennison Corporation (NYSE: AVY) is a global materials science and digital identification solutions company. We are Making Possible™ products and solutions that help advance the industries we serve, providing branding and information solutions that optimize labor and supply chain efficiency, reduce waste and mitigate loss, advance sustainability, circularity and transparency and better connect brands and consumers. We design and develop labeling and functional materials, radio-frequency identification (RFID) inlays and tags, software applications that connect the physical and digital and offerings that enhance branded packaging and carry or display information that improves the customer experience. Serving industries worldwide — including home and personal care, apparel, general retail, e-commerce, logistics, food and grocery, pharmaceuticals and automotive — we employ approximately 35,000 employees in more than 50 countries. Our reported sales in 2025 were $8.9 billion. Learn more at www.averydennison.com.

More News From Avery Dennison Corporation

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, /PRNewswire/ -- Blue Owl Capital Inc. (NYSE: OWL) ("Blue Owl") today announced it will release its financial results for the second quarter ended June 30, 2026 on Thursday, July 30, 2026 before market open. Blue Owl invites all interested persons to its webcast / conference call at 10 a.m. Eastern Time to discuss its results.

Conference Call Information:

The conference call will be broadcast live on the Shareholders section of Blue Owl's website at www.blueowl.com.

Participants are also invited to access the conference call by dialing one of the following numbers:

Domestic (Toll Free): +1 (888) 330-2454

International: +1 (240) 789-2714

Conference ID: 4153114

All callers will need to enter the Conference ID followed by the # sign and reference "Blue Owl Capital" once connected with the operator. All callers are asked to dial in 10-15 minutes prior to the call so that name and company information can be collected.

Replay Information:

An archived replay will be available via a webcast link located on the Shareholders section of Blue Owl's website.

About Blue Owl Capital Inc.

Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®.

With $315 billion in assets under management as of March 31, 2026, we invest across three multi-strategy platforms: Credit, Real Assets, and GP Strategic Capital. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.

Together with over 1,390 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com. 

Investor Contact
Ann Dai
Head of Investor Relations
[email protected]

Media Contact
[email protected]

SOURCE Blue Owl Capital

, /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC) ("OBDC") today announced it will release its financial results for the second quarter ended June 30, 2026 on Wednesday, August 5, 2026 after market close. OBDC invites all interested persons to its webcast / conference call on Thursday, August 6, 2026 at 10:00 a.m. Eastern Time to discuss its second quarter ended June 30, 2026 financial results.

Conference Call Information:

The conference call will be broadcast live at 10:00 a.m. Eastern Time on the News & Events section of OBDC's website at www.blueowlcapitalcorporation.com. To pre-register for the call, please click here. Please visit the website to test your connection before the webcast.

Participants are also invited to access the conference call by dialing one of the following numbers:

Domestic: (877) 737-7048
International: +1 (201) 689-8523

All callers will need to reference "Blue Owl Capital Corporation" once connected with the operator. All callers are asked to dial in 10-15 minutes prior to the call so that name and company information can be collected.

Replay Information:

An archived replay will be available via a webcast link located on the News & Events section of OBDC's website for one year, and via the dial-in numbers listed below for 14 days:

Domestic: (877) 660-6853
International: +1 (201) 612-7415
Access Code: 13761127

About Blue Owl Capital Corporation

Blue Owl Capital Corporation (NYSE: OBDC) is a specialty finance company focused on lending to U.S. middle-market companies. As of March 31, 2026, OBDC had investments in 230 portfolio companies with an aggregate fair value of $15.3 billion. OBDC has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. OBDC is externally managed by Blue Owl Credit Advisors LLC, an SEC-registered investment adviser that is an indirect affiliate of Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL) and is a part of Blue Owl's Credit platform.

Certain information contained herein may constitute "forward-looking statements" that involve substantial risks and uncertainties. Such statements involve known and unknown risks, uncertainties and other factors and undue reliance should not be placed thereon. These forward-looking statements are not historical facts, but rather are based on current expectations, estimates and projections about OBDC, its current and prospective portfolio investments, its industry, its beliefs and opinions, and its assumptions. Words such as "anticipates," "expects," "intends," "plans," "will," "may," "continue," "believes," "seeks," "estimates," "would," "could," "should," "targets," "projects," "outlook," "potential," "predicts" and variations of these words and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond OBDC's control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements including, without limitation, the risks, uncertainties and other factors identified in OBDC's filings with the SEC. Investors should not place undue reliance on these forward-looking statements, which apply only as of the date on which OBDC makes them. OBDC does not undertake any obligation to update or revise any forward-looking statements or any other information contained herein, except as required by applicable law.

Investor Contact:

BDC Investor Relations
Michael Mosticchio
[email protected]

Media Contact:

Head of Communications
Andrew Williams
[email protected] 

SOURCE Blue Owl Capital Corporation

Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- TE Connectivity plc (NYSE: TEL) will report financial results for the third quarter of fiscal 2026 before trading begins on July 22, 2026. The company will hold a conference call for investors at 8:30 a.m. ET. The conference call may be accessed in the following ways:

At TE Connectivity's website: investors.te.com By telephone: For both "listen-only" participants and those participants who wish to take part in the question-and-answer portion of the call, the dial-in number in the United States is (833) 461-5787 and for international callers, the dial-in number is (585) 542-9983; meeting ID: 628904516. A replay of the conference call will be available on TE Connectivity's investor website at investors.te.com at 11:30 a.m. ET on July 22, 2026. About TE Connectivity 
TE Connectivity plc (NYSE: TEL) is a global industrial technology leader creating a safer, sustainable, productive, and connected future. As a trusted innovation partner, our broad range of connectivity and sensor solutions enable the distribution of power, signal and data to advance next-generation transportation, energy networks, automated factories, data centers enabling artificial intelligence, and more. Our more than 90,000 employees, including 10,000 engineers, work alongside customers in approximately 130 countries. In a world that is racing ahead, TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn, Facebook, WeChat and Instagram.

SOURCE TE Connectivity plc

Also from this source

Bitcoin (BTC) buyers in the United States have gone quiet. The Coinbase Premium Index, a gauge of US Bitcoin demand, has stayed negative since May 6, its longest weak stretch in more than a year.

The signal matters because it shows who is stepping back. A negative premium means American investors are paying less for BTC than the rest of the market. That helps answer why is Bitcoin going down.

What the Coinbase Premium Is ShowingThe index tracks the price gap between US-based Coinbase and offshore exchanges. When it turns negative, US Bitcoin demand is fading. When it climbs, American buyers are leading.

Coinbase Premium Index: CryptoQuantRight now it is stuck below zero. The current negative premium streak began on May 6, with Bitcoin near $81,429, and has held for roughly eight weeks. That is the longest such run since early 2025.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

Since then, the Bitcoin spot price has slid toward $59,500, down about 27% and still falling.

Where Is Bitcoin Money GoingThe weak US Bitcoin demand lines up with a historic move in stocks. American money is not sitting idle. It is chasing chips.

The semiconductor index has beaten the S&P 500 by about 85 percentage points this year, its widest first-half lead on record, according to Kobeissi. That tops the dot-com peak of 2000.

US chip stocks are on a historic run:

The semiconductor index, $SOX, has outperformed the S&P 500 by +85 percentage points year-to-date, on pace for the best half-year outperformance in history.

This would exceed the previous record set during the Dot-Com Bubble in H1 2000 by… pic.twitter.com/Qdah3TVmgr

— The Kobeissi Letter (@KobeissiLetter) June 30, 2026 Chips now dominate the market. Semiconductors make up roughly 18% of the S&P 500 and have driven close to 70% of its 2026 gains, data shows. Micron has jumped about 300% and SanDisk more than 760%.

The rotation is visible in fund flows. Since April, US gold and Bitcoin ETFs have lost about $12 billion, while chip ETFs pulled in around $20 billion.

Retail investors appear to be rotating out of gold and Bitcoin into semiconductor stocks:

Since April, US gold and Bitcoin ETFs have posted -$12 billion in cumulative outflows.

Over the same period, US semiconductor ETFs have attracted +$20 billion in cumulative inflows.

This… pic.twitter.com/VHuDTB0nyN

— The Kobeissi Letter (@KobeissiLetter) June 27, 2026 BlackRock’s iShares Bitcoin Trust (IBIT), the largest bitcoin fund, led June’s record ETF outflows, the worst month since spot ETFs launched.

The January WarningThis is not the first time US Bitcoin demand vanished this year. The pattern already played out once.

Bitcoin’s premium turned negative around January 15, when BTC traded near $95,583. By the time that streak ended on February 24, Bitcoin had crashed to about $64,100.

Coinbase Premium Index January: CryptoQuantThat was a drop of roughly 33% in six weeks. The current slump is longer and shows the same fading US demand.

One Caveat Before the PanicThere is a catch to the rotation story. Bitcoin and the Nasdaq usually move together, with a six-month correlation near 0.46. That link normally means both rise and fall on the same macro forces.

BTC-NASDAQ Correlation: Charlie Quant LabThis year, though, the two have split but the correlation stays intact. Bitcoin is down about 33% in 2026, while the tech sector has gained more than 20% in the first half.

Tech 6-Month Performance: FinVizThe reason for the gap points straight back to chips. Semiconductors drove close to 70% of the market’s 2026 gains, so this tech rally is really a chip rally. In other words, the asset class Bitcoin usually tracks is being lifted by the exact sector US buyers are moving into.

That is why the split matters. When a normally correlated pair breaks apart this far, capital moving from one into the other is the simplest explanation.

What Happens NextBitcoin’s next move may hinge on US buyers. If the premium stays negative and chip inflows continue, the path of least resistance points lower for BTC. The January-February price slump of 33% shows that BTC can still correct further.

Yet, a flip back to positive would be the first real sign that domestic BTC demand is returning. Until then, the January script remains the one to watch.

WYOMISSING, Pa., July 01, 2026 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today that the Company will release its 2026 second quarter financial results after the market close on Thursday, July 30, 2026. The Company will host a conference call at 10:00 a.m. ET on Friday, July 31, 2026.

During the conference call, Peter M. Carlino, Chairman and Chief Executive Officer, and senior management, will review the quarter’s results and performance, discuss recent events and conduct a question-and-answer period.

Webcast:
The conference call will be available in the Investor Relations section of the Company’s website at www.glpropinc.com. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software. A replay of the call will also be available for 90 days on the Company’s website.

To Participate in the Telephone Conference Call:
Dial in at least five minutes prior to start time.
Domestic: 1-877/407-0784
International: 1-201/689-8560

Conference Call Playback:
Domestic: 1-844/512-2921
International: 1-412/317-6671
Passcode: 13761467
The playback can be accessed through Friday, August 7, 2026.

About Gaming and Leisure Properties
GLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties.

Contact:
Gaming and Leisure Properties, Inc.                
Carlo Santarelli, SVP - Corporate Strategy & Investor Relations
610-378-8232
[email protected]

Investor Relations
Joseph Jaffoni, Christin Armacost at JCIR
212-835-8500
[email protected]

Allison Transmission (ALSN) is Buy-rated, with near-term earnings risk but strong medium-term demand signals in North America on-highway. Recent robust order growth in Class 4-8 trucks and Classes 5-7, where ALSN has 75% market share, points to a re-acceleration opportunity. Integration of the Dana off-highway acquisition creates short-term margin dilution and inorganic noise, but sets up for cleaner growth in FY27.

Continued ASV acceleration and expanding product capabilities highlight FactSet's strong execution and momentum

NORWALK, Conn., July 01, 2026 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS) (NASDAQ:FDS), a leading global data and AI solutions provider to the financial markets, today announced results for its third quarter fiscal 2026 ended May 31, 2026.

Q3 2026 Highlights Accelerating growth: GAAP revenues grew 6.4% year over year to $622.9 million, with organic revenues up 7.0%. Organic ASV reached $2,485.6 million, up 7.1% year over year.Commercial excellence: Enterprise relationships deepened, with Q3 renewals extending in length by 30% on average and annual ASV retention remaining above 95%.AI momentum: More than 90% of FactSet's Top 50 clients now use four or more AI products. New partnerships with Google Cloud, Finster AI, and TIFIN.AI, alongside FactSet's MCP server, are broadening adoption of AI-ready solutions, positioning FactSet as the trusted partner powering next-generation financial workflows.Leadership strengthened: Joshua B. Warren appointed as Chief Financial Officer, bringing deep experience across asset management, financial technology, and capital markets.Strong capital returns: FactSet returned more than $243 million to shareholders in Q3, while marking its twenty-seventh consecutive year of dividend increases. Fiscal year-to-date, total capital returned reached $629 million.
"FactSet's strong third quarter results reflect solid execution against our strategic priorities and continued demand for our differentiated content, analytics, and workflow solutions. Clients are choosing FactSet to power critical workflows and informed decision-making, driving a robust pipeline and accelerating enterprise contracts.

"Across regions and firm types, clients are expanding their relationships with FactSet and actively adopting our AI solutions, reinforcing our confidence in FactSet's sustained growth and long-term value." - Sanoke Viswanathan, CEO

Key Financial Measures*

(Condensed and Unaudited)Three Months Ended  May 31, (Results in thousands, except per share data) 2026   2025 ChangeRevenues$622,918  $585,520 6.4%Organic revenues$622,866  $582,224 7.0%Operating income$166,301  $194,155 (14.3)%Adjusted operating income$211,752  $215,313 (1.7)%Operating margin 26.7%  33.2% Adjusted operating margin 34.0%  36.8% Net income$126,718  $148,542 (14.7)%Adjusted net income$163,769  $163,921 (0.1)%Adjusted EBITDA$220,165  $235,915 (6.7)%Diluted EPS$3.50  $3.87 (9.6)%Adjusted diluted EPS$4.53  $4.27 6.1%          * See reconciliation of U.S. GAAP to adjusted key financial measures in the back of this press release.

Third Quarter Fiscal 2026 Highlights

GAAP revenues increased 6.4% or $37.4 million to $622.9 million compared with $585.5 million in the prior year period.Organic revenues grew 7.0% year over year to $622.9 million. Growth in GAAP and organic revenues this quarter was driven by institutional buy-side and wealth management clients.Annual Subscription Value ("ASV") was $2,484.3 million at May 31, 2026.Organic ASV was $2,485.6 million at May 31, 2026, up 7.1% or $165.0 million year over year. Over the last three months, organic ASV increased $35.4 million.GAAP operating margin was 26.7% compared with 33.2% in the prior year period, primarily due to higher employee compensation costs, including one-time charges and CEO compensation costs not incurred in the prior year.Adjusted operating margin, which excludes acquisition-related intangible asset amortization and non-recurring items, was 34.0% compared with 36.8% in the prior year period, mainly due to higher compensation and technology-related expenses.GAAP diluted EPS was $3.50 compared with $3.87 for the same period in fiscal 2025, mainly driven by higher operating expenses including non-recurring items, partially offset by growth in revenues and a 6% lower share count.Adjusted diluted EPS increased 6.1% to $4.53 compared with $4.27 in the prior year period, driven by growth in revenues and a lower share count.Net cash provided by operating activities was $284.5 million for the third quarter of fiscal 2026, an increase of 12.1% compared with the prior year period.Free cash flow was $254.0 million for the third quarter of fiscal 2026, an increase of 11.1% compared with the prior year period.GAAP effective tax rate increased to 17.8% compared with 17.5% for the prior year period primarily due to the limitation on the deductibility of executive compensation.
Operational Highlights – Third Quarter Fiscal 2026

FactSet appointed Joshua B. Warren as Chief Financial Officer, effective April 13, 2026. Warren most recently served as CFO of Envestnet and previously held senior strategy roles at BlackRock.FactSet's Commercial Excellence initiatives continued to deepen client relationships. In Q3, enterprise renewals extended in length by 30% on average and annual ASV retention remained above 95%.Client adoption continued to broaden. As of quarter end, 90%+ of the Top 50 clients use four or more FactSet AI products.FactSet advanced its AI partnership ecosystem through Google Cloud, Finster AI, and TIFIN.AI, extending AI-enabled workflows across investment banking, wealth management, and enterprise financial intelligence.FactSet strengthened its portfolio and private markets workflow capabilities through partnerships with J.P. Morgan and Valutico, giving clients more integrated tools for whole portfolio analytics and private capital valuation.FactSet returned $243.4 million to shareholders in Q3, including $203.1 million in share repurchases and $40.3 million in dividends. Fiscal year-to-date, the Company has deployed $628.7 million to shareholders through dividends and share repurchases. FactSet also increased its quarterly dividend by $0.06 to $1.16 per share, marking the twenty-seventh consecutive year the Company has increased dividends on a stock split-adjusted basis. Annual Subscription Value (ASV)

ASV at any given point in time represents the forward-looking revenues for the next 12 months from all subscription services currently supplied to clients. Organic ASV at any point in time equals our ASV excluding ASV from acquisitions and the comparable impact of dispositions and discontinued lines of business effected within the last 12 months and the impact of foreign currency movements.

ASV was $2,484.3 million at May 31, 2026, compared with $2,335.1 million at May 31, 2025. Organic ASV was $2,485.6 million at May 31, 2026, up $165.0 million from the prior year, for a growth rate of 7.1%. Organic ASV increased $35.4 million over the last three months.

Segment Revenues and ASV

(Results in millions)May 31, 2026
ASVMay 31, 2025
ASVMay 31, 2026
Organic ASV Organic ASV
GrowthQ3 FY26
Revenues Q3 FY25
RevenuesOrganic Revenues GrowthAmericas$1,621.0$1,513.1$1,621.07.2%$407.2$380.57.0%EMEA$608.1$581.9$608.75.6%$152.0$145.75.3%APAC$255.2$240.1$255.910.0%$63.7$59.310.5%
Share Repurchase Program

FactSet repurchased 926,370 shares of its common stock for $203.1 million at an average price of $219.21 during the third quarter of fiscal 2026 under the Company’s share repurchase program. As of May 31, 2026, $494.0 million remained available for share repurchases under this program.

Annual Business Outlook

FactSet reaffirms its outlook for fiscal 2026 provided on March 31, 2026. The following forward-looking statements reflect FactSet's expectations as of today's date. Given the risk factors, uncertainties, and assumptions discussed below, actual results may differ materially. FactSet does not intend to update its forward-looking statements prior to its next quarterly results announcement.

Reaffirmed Fiscal 2026 Expectations:

MetricFiscal 2026 GuidanceOrganic ASV growth$130 million - $160 millionGAAP revenues$2,450 million - $2,470 millionGAAP operating margin29.5% - 31.0%Adjusted operating margin34.0% - 35.5%Annual effective tax rate18.0% - 19.0%GAAP diluted EPS$14.85 - $15.35Adjusted diluted EPS$17.25 - $17.75
Adjusted operating margin and adjusted diluted EPS guidance do not include certain effects of any non-recurring benefits or charges that may arise in fiscal 2026. Please see the back of this press release for a reconciliation of GAAP to adjusted metrics.

Conference Call

Third Quarter 2026 Conference Call Details

Please register for the conference call using the above link in advance of the call start time. Upon registration, you will receive dial-in information and a unique access PIN. The earnings presentation will be available on FactSet’s Investor Relations website at 8:30 a.m. Eastern Time on July 1, 2026, 30 minutes before the earnings call begins.

A replay will be available on the Investor Relations website after 1:00 p.m. Eastern Time on July 1, 2026, and will remain accessible through July 1, 2027. A transcript of the earnings call will be available via FactSet CallStreet.

Forward-looking Statements

This press release contains forward-looking statements based on management's current expectations, estimates, forecasts and projections about future events, trends, contingencies, and circumstances, industries in which FactSet operates and the beliefs and assumptions of management. All statements that address expectations, guidance, outlook or projections about the future, including statements about the Company's strategy, product development, revenues, future financial results, anticipated growth, market position, subscriptions, expected expenditures or investments, trends in FactSet’s business and financial results, are forward-looking statements. Forward-looking statements may be identified by words like "may," "might," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "intends," "projects," "indicates," "predicts," "potential," or "continue," the negative of those terms, and similar expressions. Forward-looking statements are not guarantees of future performance, outcomes, events, or actions and involve a number of known and unknown risks, uncertainties, and assumptions. Many factors, including those discussed more fully elsewhere in this release and in FactSet's filings with the Securities and Exchange Commission, particularly its latest annual report on Form 10-K, including Item 1A, Risk Factors, and quarterly reports on Form 10-Q, as well as others, could cause results, performance, achievements, or activities to differ materially from those expressed or implied by the forward-looking statements. Accordingly, the Company cautions readers not to place undue reliance on any forward-looking statements, which speak only as of the date they are made. FactSet assumes no duty to and does not undertake to update or revise any forward-looking statement to reflect events or circumstances arising after the date on which it is made, except as required by applicable law. Future results could differ materially from historical performance.

About Non-GAAP Financial Measures

The Company reports its financial results in accordance with U.S. GAAP. The Company also refers to and presents certain additional non-GAAP financial measures. These measures include: organic revenues, adjusted operating margin, adjusted operating income, adjusted net income, EBITDA, adjusted EBITDA, adjusted diluted EPS, and free cash flow. The Company has included reconciliations of these non-GAAP financial measures to the most directly comparable financial measures calculated in accordance with GAAP at the back of this release.

FactSet uses these non-GAAP financial measures both in presenting its results to stockholders and the investment community and in its internal evaluation and management of the business. The Company believes that these non-GAAP financial measures provide useful supplemental information to investors because they permit investors to view the Company’s performance using the same tools that management uses to gauge progress in achieving its goals. Investors may benefit from referring to these non-GAAP financial measures in assessing the Company’s performance and when planning, forecasting and analyzing future periods, and such measures may also facilitate comparisons to historical performance. The Company believes that organic revenues, adjusted operating margin, adjusted operating income, adjusted net income, EBITDA, adjusted EBITDA, and adjusted diluted EPS help to fully reflect the underlying economic performance of FactSet. The Company believes that free cash flow is useful to investors because it is an indication of cash flow that may be available to pay debt obligations, make strategic acquisitions and investments, pay dividends, repurchase stock, and strengthen the balance sheet. The presentation of this non-GAAP financial information should not be considered in isolation from, or as a substitute for, the financial information prepared and presented in accordance with GAAP. We are not able to provide reconciliations of certain forward-looking non-GAAP financial measures to comparable GAAP measures because certain items required for such reconciliations are outside of our control and/or cannot be reasonably predicted without unreasonable effort.

About FactSet

FactSet (NYSE:FDS | NASDAQ:FDS) supercharges financial intelligence, offering enterprise data and information solutions that power our clients to maximize their potential. Our cutting-edge digital platform seamlessly integrates proprietary financial data, client datasets, third-party sources, and flexible technology to deliver tailored solutions across the buy-side, sell-side, wealth management, private equity, and corporate sectors. With over 47 years of expertise, offices in 19 countries, and extensive multi-asset class coverage, we leverage advanced data connectivity alongside AI and next-generation tools to streamline workflows, drive productivity, and enable smarter, faster decision-making. Serving more than 9,100 global clients and over 247,000 individual users, FactSet is a member of the S&P 500 dedicated to innovation and long-term client success. Learn more at www.factset.com and follow us on X and LinkedIn.

Investor Relations:                         
Kevin Toomey
+1.212.209.5259
[email protected]

Media Relations:
Alexandra Shevchenko
+44 075 1813 1115
[email protected]

Consolidated Statements of Income (Unaudited)      Three Months Ended Nine Months Ended May 31, May 31,(In thousands, except per share data) 2026  2025   2026   2025 Revenues$622,918 $585,520  $1,841,558  $1,724,847 Operating expenses      Cost of services 312,190  280,729   896,848   809,112 Selling, general and administrative 144,427  110,636   401,377   344,753 Total operating expenses 456,617  391,365   1,298,225   1,153,865        Operating income 166,301  194,155   543,333   570,982        Other income (expense), net      Interest income 642  1,509   2,622   4,483 Interest expense (13,839) (15,122)  (40,286)  (43,438)Other income (expense), net 1,017  (594)  (324)  (20)Total other income (expense), net (12,180) (14,207)  (37,988)  (38,975)       Income before income taxes 154,121  179,948   505,345   532,007        Provision for income taxes 27,403  31,406   92,991   88,583 Net income$126,718 $148,542  $412,354  $443,424        Basic earnings per common share$3.51 $3.92  $11.20  $11.68 Diluted earnings per common share$3.50 $3.87  $11.16  $11.53        Basic weighted average common shares 36,122  37,907   36,819   37,976 Diluted weighted average common shares 36,191  38,344   36,957   38,457  Certain prior year figures have been conformed to the current year's presentation.

Consolidated Balance Sheets (Unaudited)       (In thousands)May 31, 2026August 31, 2025ASSETS  Cash and cash equivalents$288,114$337,651Investments 16,122 17,445Accounts receivable, net of reserves of $14,305 at May 31, 2026 and $13,789 at August 31, 2025 289,990 270,684Prepaid taxes 58,325 33,600Prepaid expenses and other current assets 74,968 70,379Total current assets 727,519 729,759   Property, equipment and leasehold improvements, net 82,319 85,203Goodwill 1,283,377 1,284,708Intangible assets, net 1,868,418 1,916,102Deferred tax assets 41,945 61,226Lease right-of-use assets, net 119,364 121,776Other assets 69,055 105,498TOTAL ASSETS$4,191,997$4,304,272   LIABILITIES  Accounts payable and accrued expenses$163,982$135,262Current debt 499,159 —Current lease liabilities 33,963 33,145Accrued compensation 137,431 130,596Deferred revenues 183,494 167,852Current taxes payable 5,182 13,041Dividends payable 41,500 41,410Total current liabilities 1,064,711 521,306   Long-term debt 890,542 1,368,260Deferred tax liabilities 13,040 14,902Taxes payable 41,315 45,095Long-term lease liabilities 146,978 157,104Other liabilities 3,121 11,192TOTAL LIABILITIES$2,159,707$2,117,859   STOCKHOLDERS’ EQUITY  TOTAL STOCKHOLDERS’ EQUITY$2,032,290$2,186,413   TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY$4,191,997$4,304,272 Consolidated Statements of Cash Flows (Unaudited)  Nine Months Ended May 31,(In thousands) 2026  2025 CASH FLOWS FROM OPERATING ACTIVITIES  Net income$412,354 $443,424 Adjustments to reconcile net income to net cash provided by operating activities  Depreciation and amortization 133,708  114,972 Amortization of lease right-of-use assets 24,269  23,152 Stock-based compensation expense 61,541  47,154 Deferred income taxes 20,808  3,154 Other, net 14,436  7,428 Changes in assets and liabilities, net of effects of acquisitions  Accounts receivable (24,376) (41,492)Prepaid expenses and other assets (3,759) 6,699 Accounts payable and accrued expenses 22,793  (49,717)Accrued compensation 7,541  3,789 Deferred revenues 15,030  4,955 Taxes payable, net of prepaid taxes (36,320) (19,108)Lease liabilities, net (30,533) (30,250)Net cash provided by operating activities 617,492  514,160    CASH FLOWS FROM INVESTING ACTIVITIES  Purchases of property, equipment, leasehold improvements and capitalized internal-use software (87,319) (74,840)Acquisition of businesses, net of cash and cash equivalents acquired —  (348,255)Purchases of investments (18,086) (4,433)Proceeds from maturity or sale of investments 36,050  58,155 Net cash provided by (used in) investing activities (69,355) (369,373)   CASH FLOWS FROM FINANCING ACTIVITIES  Proceeds from debt 95,000  803,410 Repayments of debt (75,000) (742,500)Dividend payments (122,684) (118,329)Proceeds from employee stock plans 27,534  72,616 Repurchases of common stock (506,000) (193,838)Deferred acquisition consideration (16,176) (4,699)Other financing activities (6,418) (15,987)Net cash provided by (used in) financing activities (603,744) (199,327)   Effect of exchange rate changes on cash, cash equivalents and restricted cash (1,678) 1,966 Net increase (decrease) in cash, cash equivalents and restricted cash (57,285) (52,574)Cash, cash equivalents and restricted cash at beginning of period 351,695  422,979 Cash, cash equivalents and restricted cash at end of period$294,410 $370,405    Reconciliation of total cash, cash equivalents and restricted cash:  Cash and cash equivalents$288,114 $356,361 Restricted cash included in Prepaid expenses and other current assets 5,296  6,522 Restricted cash included in Other assets 1,000  7,522 Total cash, cash equivalents and restricted cash$294,410 $370,405  Certain prior year figures have been conformed to the current year's presentation.

Reconciliation of U.S. GAAP Results to Adjusted Financial Measures

Organic Revenues

Organic revenues exclude the current year impact of revenues from acquisitions and the comparable impact of dispositions and discontinued lines of business, effected within the past 12 months and the current year impact of foreign currency movements. The table below provides a reconciliation of revenues to organic revenues:

(Unaudited)Three Months Ended  May 31, (In thousands) 2026  2025 ChangeRevenues$622,918 $585,520 6.4%Disposition revenues —  (3,296) Currency impact (52) —  Organic revenues$622,866 $582,224 7.0%
Non-GAAP Financial Measures

The table below provides a reconciliation of operating income, operating margin, net income and diluted EPS to adjusted operating income, adjusted operating margin, adjusted net income, EBITDA, adjusted EBITDA, and adjusted diluted EPS.

Adjusted operating income and margin, adjusted net income, and adjusted diluted earnings per share exclude acquisition-related intangible asset amortization and non-recurring items. EBITDA represents earnings before interest expense, provision for income taxes and depreciation and amortization expense, while adjusted EBITDA further excludes non-recurring non-cash expenses.

 Three Months Ended  May 31, (in thousands, except per share data) 2026  2025 % ChangeOperating income$166,301 $194,155 (14.3)%Intangible asset amortization 18,981  19,182  Restructuring/severance 19,629  —  CEO compensation costs(1) 4,322  —  Business disposition, acquisitions and related costs 1,769  1,976  Client bankruptcy charges 750  —  Adjusted operating income$211,752 $215,313 (1.7)%Operating margin 26.7% 33.2% Adjusted operating margin(2) 34.0% 36.8% Net income$126,718 $148,542 (14.7)%Intangible asset amortization 14,534  13,943  Restructuring/severance 15,030  —  CEO compensation costs(1) 3,309  —  Business disposition, acquisitions and related costs 1,355  1,436  Impairment within Other assets(3) 2,297  —  Client bankruptcy charges 574  —  Non-operating income from business disposition (48) —  Adjusted net income(4)$163,769 $163,921 (0.1)%Net income 126,718  148,542 (14.7)%Interest expense 13,839  15,122  Income taxes 27,403  31,406  Depreciation and amortization expense 45,869  40,845  EBITDA$213,829 $235,915 (9.4)%Non-recurring non-cash expenses(5) 6,336  —  Adjusted EBITDA$220,165 $235,915 (6.7)%Diluted EPS$3.50 $3.87 (9.6)%Intangible asset amortization 0.40  0.36  Restructuring/severance 0.42  —  CEO compensation costs(1) 0.09  —  Business disposition, acquisitions and related costs 0.04  0.04  Impairment within Other assets(3) 0.06  —  Client bankruptcy charges 0.02  —  Non-operating income from business disposition 0.00  —  Adjusted diluted EPS(4)$4.53 $4.27 6.1%Weighted average common shares (diluted) 36,191  38,344  (1) Related to the recognition, over their respective service periods, of one-time make-whole cash and equity awards issued to our CEO.
(2) Adjusted operating margin is calculated as Adjusted operating income divided by Revenues.
(3) Related to the impairment of an equity investment.
(4) For purposes of calculating Adjusted net income and Adjusted diluted EPS, all adjustments for the three months ended May 31, 2026 and May 31, 2025 were taxed at an adjusted tax rate of 23.4% and 27.3%, respectively.
(5) Primarily related to the impairment of an equity investment and the recognition, over their respective service periods, of one-time equity awards issued to our CEO.
Business Outlook Operating Margin, Net Income and Diluted EPS 

(Unaudited)  Figures may not foot due to roundingAnnual Fiscal 2026 Guidance(In millions, except per share data)Low end of rangeHigh end of rangeRevenues$2,450 $2,470 Operating income$760 $729 Operating margin 31.0% 29.5%   Intangible asset amortization 75  75 CEO compensation 25  25 Discrete items 10  12 Adjusted operating income$870 $840 Adjusted operating margin(a) 35.5% 34.0%   Net income$582 $555 Intangible asset amortization 60  60 CEO compensation 20  20 Discrete items 8  10 Adjusted net income$670 $645    Diluted earnings per common share$15.35 $14.85 Intangible asset amortization 1.63  1.63 CEO compensation 0.54  0.54 Discrete items 0.23  0.23 Adjusted diluted earnings per common share$17.75 $17.25 (a)   Adjusted operating margin is calculated as Adjusted operating income divided by Revenues.
Free Cash Flow 

Cash flows provided by operating activities have been reduced by purchases of property, equipment, leasehold improvements and capitalized internal-use software to report non-GAAP free cash flow.

(Unaudited)Three Months Ended  May 31, (In thousands) 2026  2025 ChangeNet Cash Provided for Operating Activities$284,520 $253,833 12.1%Less: purchases of property, equipment, leasehold improvements and capitalized internal-use software (30,475) (25,230)20.8%Free Cash Flow$254,045 $228,603 11.1%
Organic ASV

The following table presents the calculation of organic ASV.

(In millions)As of May 31, 2026As reported ASV$2,484.3 Impact from foreign currency movements 1.3 Organic ASV$2,485.6 Organic ASV annual growth rate(a) 7.1%(a) For comparability purposes, in calculating the organic ASV annual growth rate, the prior year excludes ASV from dispositions completed in the last 12 months.

Walker & Dunlop is rated a 'buy' due to discounted valuation and recovering market opportunity despite sticky interest rates. WD trades at a 23.2% discount to fair value, with comps and SOTP analyses indicating 28–39% upside, while the DDM is more conservative. Recent underperformance was driven by idiosyncratic write-downs and loan losses, but Q1'26 results show strong transaction volume and agency lending growth.

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Wall Street has not been kind to Sweetgreen (SG +3.04%). Shares of the restaurant chain have fared poorly over the past year. The stock is down nearly 40% in the last 12 months as of June 26.

Despite that, it's showing signs of a recovery. Year to date, shares have rebounded 35% through June 26. Even so, the stock remains well below the 52-week high of $16.70 reached last July.

So does it make sense to buy shares now? Answering that question requires digging deeper into the company.

Image source: Getty Images.

Sweetgreen's struggles Sweetgreen's stock fell on hard times as persistent inflation put pressure on consumer wallets, making its pricey menu items no longer an option for many. This is evident in the company's fiscal first-quarter results (ended March 29). Restaurants that have been open at least 13 months experienced an 11% drop in foot traffic compared to a year ago.

Fewer customers translated into a 3% year-over-year decline in Q1 sales to $161.5 million. Sweetgreen mitigated the damage by leaning into its loyalty program customers. Q1 revenue from its digital channel, where the company lumps loyalty program sales, totaled $62.8 million, up substantially from $53 million in the prior year.

While Sweetgreen's digital sales were a bright spot, the company's struggles with profitability only worsened in the face of declining customer numbers. Its Q1 operating loss of $34.3 million was an increase from the previous year's loss of $28.5 million. It exited the quarter with net income of $125.8 million compared to a net loss of $25 million in 2025 because it sold its ambitious kitchen automation business, Infinite Kitchen, to reduce costs and focus on core operations.

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Sweetgreen's rebound efforts The company is now pivoting to cheaper menu items to attract value-conscious consumers. As part of this initiative, it added wraps to the menu in May, and early tests showed it improved customer acquisition.

It's also working to strengthen kitchen operations to enable faster throughput and improve operational efficiency, which should reduce costs. The company's efforts contributed to share price gains this year.

If Sweetgreen succeeds in driving customer growth, it will have a runway for business expansion. At the end of 2025, it operated 281 restaurants across 24 states, giving it plenty of additional states to expand into. The company opened four locations in Q1 and expects to reach about 13 this year. That's significantly less than the 35 restaurants opened in 2025, but the reduction is intentional to manage costs.

Sweetgreen's efforts to strengthen its business and grow its customer base are promising, although I bought its stock because I like the food. As famed investor Peter Lynch recommended, invest in what you know. I also believe in the company's mission to provide nutritious cuisine and support sustainable farming practices.

The success it's having with digital sales and the loyalty program demonstrates the company knows how to retain customers. Its menu changes show it can adapt to shifting macroeconomics and consumer struggles with inflation. These are all encouraging signs of Sweetgreen's potential recovery and make it a worthwhile consumer stock to consider.

Enables intracorporeal purse-sting suturing, stapling, and resection in a single firing

, /PRNewswire/ -- NICE Surgical Solutions Pte Ltd ("NICE Surgical"), a clinical-stage medical device company pioneering full intracorporeal anastomosis surgical instruments has been officially granted the U.S. Patent No. 12,653,527 B2, for its purse-string stapler. 

The NICE Surgical purse-string stapler This newly granted patent covers the efficient application of a purse-string suture around the tissue adjacent to the open lumen during the colorectal surgery. The suture enables the effective closure of the colon providing a full intracorporeal anastomosis at the completion of the surgery. The award of the patent validates NICE Surgical's use of advanced innovative medical solutions to improve surgical outcomes and the quality of life of patients.

The patented technology enables colorectal surgery to be completed minimally invasively, without an incision to the abdomen, as currently practiced. The use of NICE Surgical's device potentially increases the efficiency in surgery and reduces surgical site infections, usually associated with surgical incisions. 

NICE Surgical is a portfolio company of Trendlines Medical Singapore Pte Ltd ("Trendlines Medical Singapore"), a subsidiary of The Trendlines Group Ltd (SGX: 42T) (OTCQX: TRNLY), ("Trendlines"), an investment company focused on medtech and agrifood innovation. 

Haim Brosh, CEO of Trendlines said, "This patent is a testament to the dedication and ingenuity of the research and development team at NICE Surgical. With NICE Surgical's development progression, including human clinical studies by Q4 2026, this milestone further strengthens our validated technology."

"Medical innovation transforms scientific discovery into better patient outcomes. I am excited that the grant of this patent acknowledges the novelty, ingenuity and potential societal value of our medical innovation," commented co-founder and inventor, Eric Haas, MD, Chief of Colorectal Surgery Houston Methodist Hospital.

About The Trendlines Group Ltd.

The Trendlines Group (SGX: 42T) (OTCQX: TRNLY) invests in and develops innovations in agrifood and medtech, transforming early-stage technologies into impactful businesses. With operations in Israel and Singapore, Trendlines combines capital, expertise, and strategic partnerships to drive growth, advance global sustainability, and create long-term value for shareholders.

About NICE Surgical Solutions Pte Ltd

NICE Surgical is developing a stapling device that serves to divide the bowel at the proximal and distal level of resection as well as place a purse-string suture to prepare the bowel for the Intra Corporeal Anastomosis (ICA). The stapling device accomplishes two critical tasks by simultaneously stapling closed the specimen while applying a purse-string suture to the portion of the bowel to be used for an end-to-end circular stapled anastomosis.

Media contact:
Eric Loh
CEO Trendlines Medical Singapore
[email protected]

Photo: https://mma.prnewswire.com/media/3002888/NICE_Surgical_device.jpg

SOURCE NICE Surgical Solutions Pte Ltd