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BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek US Holdings, Inc. (NYSE:DK) (“Delek”) today announced that its Board of Directors has approved a quarterly dividend of $0.255 per share, to be paid on August 10, 2026, to shareholders of record on August 3, 2026.About Delek US Holdings, Inc.Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, logistics, and pipelines. The refining assets consist primarily of refineries operated in Tyler and Big Spring, Texa.

Graco NYSE: GGG reported record second-quarter sales and earnings for fiscal 2026, with management pointing to improving order trends, stronger backlog and growth across all three business segments as reasons for confidence in the second half of the year.

President and Chief Executive Officer Mark Sheahan said the company delivered second-quarter sales of $591 million, reflecting growth across Contractor, Industrial and Expansion Markets, along with margin expansion driven by “disciplined expense management and operational execution.” Organic orders rose 5% during the quarter, while the most recent six-week booking average was up 14% from a year earlier. Backlog as of July 17, excluding acquisitions, was up $57 million, or 28%, from the beginning of the year.

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“Together, these positive trends give us confidence in a stronger second half,” Sheahan said.

Adjusted Earnings Rise 17% Chief Financial Officer and Treasurer Sanjiv Gupta said reported second-quarter sales increased 3% from the prior year to $591 million. Acquisitions contributed 3 percentage points of growth and currency translation added 1 point, partially offset by a 1% decline in organic sales. Gupta attributed the organic decline primarily to the timing of finishing systems revenue in the Industrial segment.

Reported net earnings were $145 million, or $0.87 per diluted share, up 14% from the prior-year period. Adjusted earnings per share, excluding acquisition-related costs, amortization of acquired intangible assets and certain tax items, were $0.91, up 17% year over year.

Gross margin increased 130 basis points from the year-ago quarter. Gupta said the improvement reflected price realization, better manufacturing performance and the favorable impact of $9 million in tariff refunds, net of related surcharges. Operating expenses were “essentially flat” despite inflation and the addition of acquired businesses, helping operating earnings rise 11% and lifting operating margin to 30% of sales from 26% a year earlier.

Through the first six months of the year, Graco generated $298 million in operating cash flow. The company repurchased 4.2 million shares for approximately $331 million, paid $98 million in dividends and invested $29 million in capital expenditures, including strategic facility expansion projects.

Contractor Segment Sees Broad-Based Improvement Graco’s Contractor segment posted record sales and earnings in the quarter, with revenue up 4%. Sheahan said organic sales were higher across both paint and home center markets in the Americas for the first time in nearly two years.

The improvement was supported by greater stability in core markets, including North American residential repaint and remodel activity, better channel sell-through, stronger customer engagement and targeted commercial programs. Sheahan also highlighted continued demand in protective coatings and foam, which he described as more global and application-driven parts of the business. Those areas benefited from commercial construction, infrastructure and industrial projects, including investments tied to data centers, energy and manufacturing.

New product introductions also remained a focus. Sheahan cited the next generation of QuickShot, the ProReach extension system and autonomous and semi-autonomous striping solutions as products aimed at improving productivity, reducing labor needs, minimizing material waste and delivering more consistent results.

In response to an analyst question, Sheahan said he was “hopeful that we’ve kind of seen the worst” of the macro conditions facing the Contractor business in recent years, though he added that it was still early.

Industrial Demand Improves, With Powder Timing Still a Factor Industrial segment sales increased 3% in the quarter. Sheahan said the segment benefited from better activity in process manufacturing, machinery manufacturing, general industrial applications, semiconductor-related investment and continued adoption of electrified product platforms. He also cited healthy demand in day-to-day industrial applications, including maintenance, repair and operations channels.

The segment faced anticipated headwinds from lower organic powder finishing systems sales due to the timing of order acceptance, which management expects to occur in the second half. Asia was slower to start the year, with China affected by prior-year pull-forward activity ahead of tariff-related pricing actions and softer automotive demand.

Organic orders in Industrial improved through the quarter, with bookings up 3% year to date through July 17 and up 11% over the most recent six-week period from the prior year. Sheahan said easier comparisons in powder finishing and healthy backlog support expectations for stronger performance in the back half of the year.

Asked about general industrial conditions, Sheahan said growth in the legacy Graco Industrial business was broad-based and in line with the company’s low-single-digit organic growth guide for the full year. He said any first-half organic pressure was tied mainly to powder, where comparisons should ease.

Expansion Markets Led by Semiconductor Demand Expansion Markets sales grew 3%, with growth across all key businesses. Semiconductor demand remained a major driver, particularly in Asia-Pacific, supported by ongoing investment in semiconductor manufacturing capacity.

Bookings in Expansion Markets increased 58% in the quarter and were up 33% year to date. The most recent six-week average was up 36%, and backlogs remained strong.

Sheahan said semiconductor can be a “pretty lumpy end market,” but current signs suggest the strength is sustainable in the near term. He said momentum should last through the end of the year and likely into next year, supported by investment tied to artificial intelligence and semiconductor capacity.

Valco Melton Acquisition and Outlook In May, Graco announced the acquisition of Valco Melton, which Sheahan described as one of the company’s largest acquisitions in more than a decade. He said Valco Melton adds complementary technology, products and customer relationships in the packaging dispense market.

During the question-and-answer session, Sheahan said Valco Melton has gross margins of 50% or more and that more than half of its business is parts and accessories. Chris Knutson, vice president, chief accounting officer and controller, said Valco Melton’s referenced 9% revenue compound annual growth rate was organic. Knutson also said the company has about five manufacturing locations, with the rest of its 27-location footprint consisting of sales and service offices.

Graco maintained its full-year outlook and introduced third-quarter revenue guidance of $580 million to $600 million, excluding Valco Melton, which is expected to close during the third quarter. Sheahan said the decision to provide quarterly sales guidance reflected improved visibility and was intended to be an ongoing practice rather than a one-quarter change.

Gupta said currency is expected to provide approximately a 1% favorable impact on both full-year sales and earnings at current exchange rates. The company now expects unallocated corporate expenses of $39 million to $42 million, capital expenditures of $90 million to $100 million and an adjusted effective tax rate of 20% to 21% for the full year.

On pricing, Gupta said Graco’s price-cost position remains positive and that the company plans to stick with its historical cadence of introducing price increases at the beginning of the year. He said realized pricing this year has been roughly 1.5% to 2%.

Management also reiterated its balanced capital allocation strategy. Gupta said Graco will prioritize organic growth, strategic acquisitions that meet financial and strategic thresholds, and returns to shareholders through dividends and opportunistic share repurchases.

About Graco (NYSE:GGG)Graco Inc is a leading manufacturer of fluid handling systems and components, headquartered in Minneapolis, Minnesota. Founded in 1926, the company has built a reputation for innovation in spray finishing, lubrication, and fluid management technologies. Graco's solutions are designed to address the needs of paint and coatings applicators, general industry, and process fluids in a variety of end markets.

The company's product portfolio includes airless and air-assisted spray equipment, pumps for oil and gas applications, industrial lubrication systems, and automated dispensing equipment.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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By PYMNTS  |  July 23, 2026

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Grocery chain Albertsons is predicting slightly weaker sales amid more cautious lower-income consumer spending.

The company on Thursday (July 23) released earnings showing the company lowering its guidance for the fiscal year, projecting decreases of 1.5% to 0.5%, compared to an earlier forecast of flat sales to a 1% increase. CEO Susan Morris said this is happening as shoppers switch to private label products.

“We’re seeing a shift to value packaging, trade-downs,” she said during an earnings call. “I think we’ve talked about this before in certain commodities, and again, it’s a very bifurcated situation. Lower-income customers are shifting more to cheaper proteins, as an example.”

Higher-income shoppers, meanwhile, appear more resilient, though the company is also dealing with higher supplier prices.

Research by PYMNTS Intelligence shows that while many consumers are feeling economic pressure, they aren’t always ready to cut back.

Eighty-three percent of consumers surveyed by PYMNTS say that everyday prices increased, while close two-thirds said external forces were affecting the U.S. economy a great deal or a lot.

In addition, 58% said they expect larger economic forces to impact their personal finances over the next six months, though only 38% planned to cut spending in the next three months.

“At first glance, those numbers seem difficult to reconcile. If consumers remain worried about prices and the economy, why aren’t more preparing to cut back?” PYMNTS wrote.

“The answer may be that households are not making spending decisions according to the categories used by economists, merchants or card issuers. They are making them according to their own priorities.”

Meanwhile, Albertsons said its digital efforts and loyalty programs remain important factors in driving growth and customer engagement, with digital sales up 13% for the quarter with penetration climbing to nearly 10.5%.

“Our loyalty ecosystem continues to scale personalization and we’re seeing clear behavioral benefits,” Morris said. “Engaged members shop more frequently and with higher average baskets than non-members, contributing meaningfully to both sales growth and customer lifetime value. Execution remains strong across our fulfillment network again this quarter.”

The fastest growing segment of the company’s digital business is still its flash delivery service, the CEO said, with Albertsons’ eCommerce unit profitable during the first quarter.

“This milestone demonstrates that we are successfully growing digital sales while improving the underlying economics of the platform and creating a business that can generate profitable growth over time,” Morris added.

Consumer-Driven Stocks Boost Buybacks, Including Visa's $20B PlanBoyd Gaming NYSE: BYD reported comparable second-quarter growth as strength in its Midwest and South properties, online operations and managed business helped offset continued softness tied to Las Vegas destination travel and construction disruption at Suncoast.

President and Chief Executive Officer Keith Smith said companywide revenue rose 3% and EBITDA increased 2% in the quarter when adjusted for the impact of last year’s FanDuel transaction and tax pass-through amounts related to market access agreements. Smith said the quarter reflected “the continued benefits of our diversified business model,” ongoing capital investment and growth across customer segments.

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Could This Entertainment Stock be the Belle of the Gaming Ball?Boyd maintained property operating margins of 40%, which Smith said was consistent with recent years. He added that trends from the second quarter had continued into the first three weeks of July.

Midwest and South Segment Leads Growth Boyd’s Midwest and South segment delivered one of the strongest performances in the quarter. Smith said revenue in the segment grew 3%, led by gaming revenue, while EBITDA increased 4%. Property margins expanded to nearly 38%, the segment’s highest level in almost two years.

Boyd Gaming stock: All signs point to a significant break higherSmith attributed the performance to growth from both core and retail customers, saying guests “continue to stay and spend closer to home.” He also pointed to recent hotel renovations, new food and beverage offerings and larger investments at properties such as Treasure Chest and Ameristar St. Charles.

During the question-and-answer session, Smith said Boyd has seen customers spending closer to home for several quarters, particularly in the Midwest and South portfolio. He cited a mix of possible consumer factors, including airfares, inflation, gas prices, tax refunds and stock market gains, but said Boyd could only report that it was seeing growth from core and retail customers in that segment.

Las Vegas Locals Mixed as Suncoast Renovations Continue Boyd’s Las Vegas Locals segment remained pressured by two factors: softer destination business, primarily affecting the Orleans, and ongoing construction at Suncoast. Overall gaming revenue in the segment was even with the prior year, with stable play from core and retail customers.

Excluding the Orleans and Suncoast, Smith said the rest of the Las Vegas Locals portfolio generated 4% revenue growth, 3% EBITDA growth and margins above 50%. He said that performance reflected “the continued strength of our local customer.”

Chief Financial Officer Josh Hirsberg said the destination-business impact was about $5 million of EBITDAR in the quarter, consistent with levels Boyd has seen since the third quarter of last year. He said the company does not expect those trends to quickly turn positive as comparisons ease, but expects the impact to become “less bad,” estimating roughly $3 million in each of the third and fourth quarters.

Hirsberg also said Suncoast construction disruption had an estimated $3 million impact in the second quarter and should be similar in the third quarter before the property begins contributing more in the fourth quarter. Smith said renovations of the Suncoast casino floor and public areas are expected to be completed by the end of the third quarter.

Boyd is also planning a refresh of the Orleans casino floor and public spaces, expected to begin in the first half of next year. Smith said the initial work would be behind walls and should not create construction disruption in 2027. He also said the company expects no construction disruption at Suncoast in 2027.

Capital Projects Remain Central to Boyd’s Strategy Smith highlighted a broad investment program across Boyd’s Las Vegas portfolio, including new restaurants at Gold Coast, Sam’s Town and Suncoast, additional food and beverage concepts planned in the coming months, hotel renovations at the Orleans and Suncoast expected to be completed by year-end, and sportsbook updates at Sam’s Town and Aliante ahead of football season.

By early next year, Smith said Boyd expects to have renovated more than 70% of its Las Vegas hotel room inventory, introduced 17 new food and beverage concepts, and expanded its Southern Nevada presence with Cadence Crossing and Suncoast improvements. He said Cadence Crossing, which opened in late March, has seen strong visitation and revenue since its debut.

Beyond Las Vegas, Boyd’s Norfolk, Virginia, resort remains on time and on budget for a late 2027 opening, according to Smith. The project is expected to include a 65,000-square-foot casino, 200-room hotel, eight food and beverage outlets, live entertainment and an outdoor amenity deck. In response to an analyst question, Hirsberg said Boyd generally targets a 15% cash-on-cash return for a project like Virginia as it ramps from the first to second year.

The company is also in the design phase for modernization of the Par-A-Dice Casino in Illinois and is planning, subject to regulatory approval, to convert Amelia Belle in Louisiana to a land-based facility with a modern casino floor and enhanced food and beverage offerings. Smith said construction on Amelia Belle is expected to begin in late 2027 after design work is complete.

Online and Managed Businesses Lift Guidance Boyd’s online segment delivered comparable revenue and EBITDA growth, supported by Boyd Interactive and consistent contributions from market access agreements. Hirsberg said the company raised its full-year 2026 online segment guidance by $5 million to a range of $35 million to $40 million.

The managed business grew EBITDA 18% year over year, driven by the first phase of the Sky River expansion, which added casino floor space and a multi-level parking structure. Boyd raised full-year managed business guidance by $3 million to a range of $113 million to $117 million. Smith said the second phase of the Sky River project has begun and will add a 300-room hotel, three food and beverage outlets, a full-service spa and an entertainment and event center, with completion expected in early 2028.

Shareholder Returns and Balance Sheet Boyd invested $142 million in capital expenditures during the quarter, bringing year-to-date spending to $297 million. Hirsberg said the company remains on track for full-year capital expenditures of $650 million to $700 million, including maintenance capital, hotel remodel spending, growth capital and $300 million for the Virginia casino resort development.

During the second quarter, Boyd paid $15 million in dividends and repurchased $156 million of stock, buying 1.9 million shares at an average price of $83.60. Hirsberg said Boyd plans to continue repurchasing approximately $150 million in shares per quarter, putting the company on pace to return more than $650 million to shareholders this year, including dividends.

Since beginning its capital return program in late 2021, Boyd has returned more than $3 billion to shareholders and reduced its share count by 35%, Hirsberg said. The company ended the quarter with traditional leverage of 2.2 times and lease-adjusted leverage of 2.7 times. Boyd’s next debt maturity is in December 2027, which Hirsberg said the company intends to refinance later this year or in the first half of 2027.

Hirsberg also noted that Boyd expects to complete the previously announced sale of its Shreveport property by the end of July. On mergers and acquisitions, Smith said Boyd remains interested in opportunities but does not need to pursue deals, adding that any acquisition would need to be strategic and involve the right asset, market and price.

About Boyd Gaming (NYSE:BYD)Boyd Gaming Corporation NYSE: BYD is a diversified hospitality and gaming company headquartered in Las Vegas, Nevada. The company develops, owns and operates a portfolio of branded gaming and entertainment properties, including casinos, hotels, restaurants and meeting facilities. Boyd Gaming's offerings range from slot machines and table games to live entertainment, dining concepts and convention space, designed to appeal to both regional and destination visitors.

Founded in 1975 by its namesake, William S.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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TYSONS, Va.--(BUSINESS WIRE)--Alarm.com Holdings, Inc. (Nasdaq: ALRM), the leading platform for intelligently connected properties, today announced that it will report 2026 second quarter financial results after the market close on August 6, 2026. Management will host a conference call and webcast to discuss the company's financial results at 4:30 p.m. ET that same day. To participate, please click here to pre-register for the conference call and obtain your dial-in number and individual passco.

New York, New York--(Newsfile Corp. - July 23, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Verra Mobility Corporation (NASDAQ: VRRM) between February 24, 2026 and May 26, 2026, inclusive (the "Class Period"), of the important August 4, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Verra common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Verra class action, go to https://rosenlegal.com/cases/verra-mobility-corporation-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 4, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Verra's relationship with Avis Budget Group ("Avis"), and in particular obtaining a contract extension with Avis. Further, Verra minimized concerns that major rent-a-cars could replace Verra with in-house solutions or outsourced alternatives. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Verra class action, go to https://rosenlegal.com/cases/verra-mobility-corporation-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/306362

Source: The Rosen Law Firm PA

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Fulton Financial Corporation (FULT) Q2 2026 Earnings Call Transcript

, /PRNewswire/ -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Primoris Services Corporation (NYSE: PRIM) securities between August 5, 2025 and June 22, 2023. Primoris is an infrastructure services company that provides engineering, procurement, construction, and maintenance services to customers in the utilities, energy, and infrastructure markets.

For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.

The Allegations: Robbins LLP is Investigating Allegations that Primoris Service Corporation (PRIM) Misled Investors About its Ability to Properly Forecast Costs and Expected Profitability of its Renewable Energy Projects

According to the complaint, during the class period, defendants recklessly disregarded that: (i) Primoris' cost estimation, cost-to-complete forecasting, and project oversight processes were deficient and failed to provide reliable estimates of the costs and expected profitability of significant fixed-price renewable energy projects; (ii) as a result, Primoris systematically underestimated the costs and risks of significant fixed-price renewable energy projects that were experiencing material cost overruns, execution problems, and schedule delays; and (iii) accordingly, defendants' statements regarding the Company's estimating processes, project execution, ability to manage project risk, financial performance, and financial guidance lacked a reasonable basis and omitted material adverse facts.

Plaintiff alleges that the truth was revealed through a series of disclosures between February 23, 2026 and June 22, 2026, culminating in Primoris' announcement that an internal review, supported by an independent third-party industry expert, had identified significant cost overruns, project delays, and execution challenges affecting six renewable energy projects. The Company sharply reduced its 2026 financial guidance and Renewables revenue outlook and announced the resignation of defendant Kinch as Chief Operating Officer. On this news, Primoris' stock price fell 21.6%, from $108.34 to $84.95.

What Now: You may be eligible to participate in the class action against Primoris Service Corporation. Shareholders who wish to serve as lead plaintiff for the class have until September 21, 2026, to file a lead plaintiff motion. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses. 

About Robbins LLP: A recognized leader in shareholder rights litigation, Robbins LLP has helped restore more than $1 billion in value to shareholders, secured some of the largest recoveries in shareholder derivative litigation history, and achieved governance reforms at over 400 Fortune 1000 companies.

"Behind everything we do is the belief that companies should be governed responsibly, fiduciaries should be held accountable, and shareholders deserve transparency and fairness," said Brian J. Robbins, Founding Partner of Robbins LLP.

To be notified if a class action against Primoris Service Corporation settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.

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SAN ANTONIO--(BUSINESS WIRE)--Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) announced Dominique Carrel-Billiard's resignation from its Board of Directors (the “Board”), effective July 23, 2026, due to his leaving Amundi. Concurrently, the Board has appointed Nicolas Calcoen as a Director, effective the same date.Mr. Calcoen's appointment, recommended by the Board's Nominating & Governance Committee, adds a seasoned global asset management executive to Vic.

AtriCure NASDAQ: ATRC reported double-digit revenue growth and a return to GAAP profitability in the second quarter of 2026, with management pointing to strong demand across its pain management, appendage management and open ablation franchises while noting continued pressure in minimally invasive ablation.

The medical device company generated worldwide revenue of $153.6 million, up 12.8% on a reported basis and 12.4% in constant currency from the second quarter of 2025, according to Chief Financial Officer Angela Wirick. U.S. revenue rose 13.6% to $125.6 million, while international revenue increased 9.6% on a reported basis to $28 million.

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President and CEO Michael Carrel said the quarter reflected “solid” performance and highlighted improving profitability. AtriCure recorded adjusted EBITDA of $27.3 million, up 78% from $15.4 million a year earlier. Net income was $9 million, compared with a net loss of $6.2 million in the prior-year quarter. Earnings per share and adjusted earnings per share were both $0.18, compared with a loss per share of $0.13 and an adjusted loss per share of $0.02 a year earlier.

Growth Led by Pain Management, Appendage Management and Open Ablation AtriCure’s U.S. business was supported by continued adoption of several newer devices, including CryoSphere MAX and cryoXT in pain management, AtriClip FLEX-Mini and PRO-Mini in appendage management, and the Encompass clamp in open ablation.

Pain management was the company’s fastest-growing franchise, with worldwide revenue up 27% in the quarter. U.S. pain management sales reached $27.1 million, up 27.8% year over year. Carrel said CryoSphere MAX remained a key driver, with the company continuing to add accounts while also seeing early traction in sternotomy procedures. During the question-and-answer portion of the call, Wirick said CryoSphere MAX represented about 75% of U.S. pain management revenue and that the company ended the quarter with “a little over 700 active accounts” in pain management.

Carrel also pointed to early momentum for CryoXT, which is designed for use in amputation procedures. He said the product was included in a presentation at the Society for Vascular Surgery annual meeting and that early adopters are reporting improvements in patient experience and recovery. Management said CryoXT is expected to contribute more meaningfully to revenue in the second half of the year, though from a small base.

Open ablation revenue increased 11% worldwide, led by the Encompass clamp. U.S. open ablation product sales were $40.9 million, up 12.1% year over year. Carrel said the company expects further adoption from a new Society of Thoracic Surgeons quality metric on concomitant AFib treatment, which he described as a potential long-term catalyst for surgical AFib ablation and left atrial appendage management.

Appendage management revenue grew 14% in the quarter. U.S. sales of appendage management products increased 14.4% to $51.6 million, reflecting adoption of AtriClip FLEX-Mini and PRO-Mini devices. Carrel said the mini devices now account for 45% of appendage management revenue in their respective open and minimally invasive categories.

Minimally Invasive Ablation Remains Under Pressure The company’s minimally invasive ablation business continued to decline, contributing $6 million in U.S. revenue for the quarter. Carrel said the market remains focused on treating patients with pulsed field ablation, or PFA, catheters. He added that AtriCure still believes hybrid AFib therapy has a role in patients with longstanding persistent AFib, but said broader stabilization is needed before the franchise can return to growth.

“We have seen referral patterns for hybrid procedures stabilize over the last several quarters in a small subset of accounts,” Carrel said. “However, we need to see this stabilization across a broader customer base before we can expect return to growth for this franchise.”

Clinical Trials Advance Toward Potential Label Expansion Management emphasized progress in two major clinical trials that AtriCure says could expand the market for its cardiac surgery products.

The BoxX-NoAF clinical study, which evaluates ablation and left atrial appendage management in cardiac surgery patients without a history of AFib, has surpassed 50% enrollment with more than 500 patients enrolled. AtriCure expects to complete enrollment of 960 patients by the end of 2026, ahead of its original plan, and anticipates data readouts in the first half of 2027.

Carrel said the company sees a large unmet need in preventing post-operative AFib, noting that U.S. healthcare spending for the condition exceeds $2 billion annually. In response to an analyst question, he said the trial’s first endpoint is post-operative AFib measured 30 days after final enrollment, with a potential data presentation at a major medical meeting in 2027. He said the product is under a PMA pathway and that approval could take roughly a year after submission to the FDA.

AtriCure is also continuing follow-up of more than 6,500 patients enrolled in the LeAAPS trial, which is studying the stroke reduction benefit of left atrial appendage management in cardiac surgery patients without AFib. Carrel said LeAAPS and BoxX-NoAF provide “multiple complementary paths for label expansion” and could be catalysts in the cardiac surgery market.

Guidance Raised for Adjusted EBITDA AtriCure updated its 2026 outlook, now expecting revenue of $602 million to $610 million, representing growth of approximately 12.5% to 14% over 2025. The company expects growth to be led by pain management, appendage management and open ablation, while pressure persists in minimally invasive ablation and certain international markets.

Wirick said AtriCure expects normal seasonal patterns in the second half, with third-quarter revenue down 1% to 2% sequentially from the second quarter, followed by a rebound in the fourth quarter.

The company raised its adjusted EBITDA outlook to approximately $85 million to $89 million for 2026, implying an adjusted EBITDA margin of about 14% at the midpoint of guidance. AtriCure also reiterated its expectation for full-year net income and projected full-year earnings per share of approximately $0.05 to $0.13, with adjusted earnings per share of approximately $0.24 to $0.32.

AtriCure ended the quarter with $167.8 million in cash and investments and generated approximately $22 million in cash during the quarter. Wirick said the company expects positive cash generation through the remainder of the year.

Management Addresses Competition and International Trends During the call, analysts asked about new competitors in the appendage management market. Carrel said new entrants validate the market opportunity, but argued AtriCure has advantages in product innovation, clinical evidence and physician education. He said competitive trialing in the back half of the year is incorporated into the company’s guidance.

Internationally, Wirick said Asia-Pacific weakness discussed in the prior quarter appeared transitory, while Europe saw softness in key markets including the U.K. and Germany. She said the company’s outlook incorporates continued pressure in certain markets.

Carrel concluded that AtriCure’s double-digit revenue growth, margin improvement and profitability leave the company “well ahead” of its long-range plan, while ongoing trials could shape the company’s next decade.

About AtriCure (NASDAQ:ATRC)AtriCure, Inc is a medical device company focused on the development, manufacture and marketing of innovative therapies to treat atrial fibrillation (AF) and related conditions. Founded in 2000 and headquartered in Mason, Ohio, AtriCure has established itself as a leader in surgical ablation devices designed to interrupt the errant electrical pathways that cause AF. The company's solutions are used by cardiac surgeons and electrophysiologists to reduce the risk of stroke and improve patient outcomes in the treatment of both paroxysmal and persistent AF.

The company's product portfolio centers on its Synergy Surgical Ablation System, which delivers controlled radiofrequency energy in a minimally invasive format, and the cryoICE Cryoablation System, which offers an alternative ablation modality using precise freezing techniques.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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CompaniesJuly 23 (Reuters) - Edwards Lifesciences (EW.N), opens new tab beat analysts' estimates for second-quarter profit and revenue on Thursday, helped ​by strong demand for its artificial heart ‌valves used in complex cardiac procedures, sending its shares up nearly 7% in extended trading.

Medical technology ​firms are seeing increased demand for ​surgical and procedural devices as population ages ⁠and healthcare needs grow.

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Here are some details:

Sales ​of Edwards' transcatheter aortic valve replacement device (TAVR) rose ​11.3% over the year earlier to $1.26 billion during the quarter. Analysts on average estimated $1.23 billion, according to ​data compiled by LSEG.

TAVR is used to ​treat severe aortic stenosis, a condition where the aortic ‌valve ⁠narrows and restricts blood flow from the heart.

Edwards raised the lower end of 2026 sales growth forecast for TAVR devices to 8% ​from 7% ​earlier, while ⁠keeping the upper end intact at 9%.

The company maintained annual adjusted ​profit expectations in the range of $2.95 ​to $3.05 ⁠per share.

The California-based company reported quarterly revenue of $1.74 billion, while analysts estimated $1.70 billion.

On an adjusted ⁠basis, ​Edwards earned 78 cents ​per share, compared with the estimate of 74 cents.

Reporting by ​Padmanabhan Ananthan in Bengaluru; Editing by Shilpi Majumdar

Our Standards: The Thomson Reuters Trust Principles., opens new tab

July 23, 2026 17:00 ET  | Source: Getty Images, Inc.

NEW YORK, July 23, 2026 (GLOBE NEWSWIRE) -- Getty Images Holdings, Inc. (“Getty Images”) (NYSE: GETY) a preeminent global visual content creator and marketplace, announced today that the Company intends to release its second quarter 2026 results after market close on Monday, August 10, 2026, followed by a conference call at 4:30 p.m. (Eastern Time) that same day. The call will consist of prepared remarks only.

The conference call can be accessed live over the phone by dialing 1-833-309-3473, or for international callers, 1-785-838-9251. The conference ID for the call is GETTY. An audio replay will be available for two weeks following the call and can be accessed by dialing 1-844-512-2921, or for international callers, 1-412-317-6671. The passcode for the replay is 11162213.

A simultaneous webcast of the conference call will also be available on the Investor Relations section of the Company’s website at https://investors.gettyimages.com/. The webcast will also be available for replay shortly following the call.

About Getty Images:

Getty Images (NYSE: GETY) is a preeminent global visual content creator and marketplace that offers a full range of content solutions to meet the needs of any customer around the globe, no matter their size. Through its Getty Images, iStock and Unsplash brands, websites and APIs, Getty Images serves customers in almost every country in the world and is the first-place people turn to discover, purchase and share powerful visual content from the world’s best photographers and videographers. Getty Images works with over 600,000 content creators and over 360 content partners to deliver this powerful and comprehensive content. Each year Getty Images covers more than 160,000 news, sport and entertainment events providing depth and breadth of coverage that is unmatched. Getty Images maintains one of the largest and best privately-owned photographic archives in the world with millions of images dating back to the beginning of photography.

Through its best-in-class creative library and Custom Content solutions, Getty Images helps customers elevate their creativity and entire end-to-end creative process to find the right visual for any need. With the adoption and distribution of generative AI technologies and tools trained on permissioned content that include indemnification and perpetual, worldwide usage rights, Getty Images and iStock customers can use text to image generation to ideate and create commercially safe compelling visuals, further expanding Getty Images capabilities to deliver exactly what customers are looking for.

For company news and announcements, visit our Newsroom.

Investor Contact:
Getty Images
Steven Kanner
[email protected]

Media Contact:
Getty Images
Anne Flanagan
[email protected]

CARLSBAD, Calif.--(BUSINESS WIRE)--MaxLinear announces second quarter 2026 financial results.

GOLETA, Calif.--(BUSINESS WIRE)--Deckers Brands (NYSE: DECK), a global leader in designing, marketing, and distributing innovative footwear, apparel, and accessories, today announced financial results for the first fiscal quarter ended June 30, 2026. The Company also provided an update to its financial outlook for the full fiscal year ending March 31, 2027. “Deckers delivered a solid start to the fiscal year, surpassing $1 billion of first quarter revenue for the first time,” said Stefano Carot.

The footwear and apparel company's sales rose 5.7%, buoyed by growing global demand for Hoka and Ugg.

JACKSONVILLE, Fla., July 23, 2026 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR), a technology-enabled, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation services, today announced the appointment of William “Bill” Clement as Vice President and Chief Commercial Officer (CCO), effective August 1, 2026.

Glacier Bancorp, Inc. reports second quarter 2026 results, including quotes from Randy Chesler, President and CEO, and Ron Copher, Chief Financial Officer.

LOS ANGELES--(BUSINESS WIRE)--Korn Ferry (NYSE: KFY), a global organizational consulting firm, has been recognized by Forbes Magazine as Canada's best executive recruiter. The firm was also honored as a leading professional search firm in Canada. "Organizations need more than executives who simply adapt to change—they need leaders who create the conditions for people and organizations to thrive," said Gary D. Burnison, CEO of Korn Ferry. "We're pleased to be recognized by Forbes as Canada's bes.

BELMONT, Calif.--(BUSINESS WIRE)---- $RNG #AI--RingCentral and OpenAI collaborate to accelerate AI-native innovation across RingCentral.

Archer Aviation (ACHR -0.87%) is an ambitious developer of electric vertical takeoff and landing (eVTOL) aircraft, also known as "flying taxis." Its flagship eVTOL craft -- Midnight -- is like a cross between a drone and a helicopter, and it could one day carry up to four passengers over traffic.

Archer has yet to certify its eVTOLs, and its stock value is a reflection of that: After flirting with a double-digit value last October, Archer's stock now trades at about $5 a share. With a market cap of $4 billion, could this be an opportunity to set you up for life, or is it a high-flying trap concealing enormous risk?

Image source: Archer Aviation.

The bull case for Archer is growing stronger -- but so is the bear The bull case for Archer rests on the fact that it no longer relies on a single narrative. Yes, it is still building -- or, rather, attempting to certify -- eVTOLs for urban mobility. But in addition to these pedestrian aims, it is also co-developing an autonomous VTOL aircraft platform with the defense company Anduril, which could open a revenue stream much sooner than passenger flights would.

Let's break the deal down. The announcement, which broke on July 20, showcased a new autonomous defense aircraft, "Thunder," which can bolster crewed aircraft to multiply combat power. Better yet, the VTOL aircraft could move forward without the same FAA certification requirements as the "civilian" Midnight. It will still require extensive testing and airworthiness approval, but its path to deployment could be faster than Midnight's.

Still, even with expanded military customers, Archer can't ignore a gaping hole in its young business: Midnight still lacks FAA type certification.

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Timelines for acquiring this required certification have slipped several times, and Archer now says it is aiming to certify its air taxis by the 2028 Olympics in Los Angeles. Given that Archer was also named the official air taxi provider for the Olympics, it will be quite the magic trick if it manages to manufacture and deliver a sufficient number of aircraft to service the Olympics in the same year it receives certification.

Archer is, of course, participating in a White House-backed program that aims to accelerate the deployment of eVTOLs in American cities in these "pre-certification" times. Whether this will actually fast-track the adoption of eVTOLs -- or lay the groundwork for infrastructure -- remains to be seen, but Archer, which has produced only a handful of Midnights to date, will certainly need to kick production into high gear regardless.

Could Archer set you up for life, or leave you empty-handed? If Archer and Anduril land a major commercial client in the upcoming weeks, with meaningful revenue attached, this stock could soar.

But don't confuse potential demand with a proven business model. Archer is still burning cash, Midnight is uncertified, and large-scale manufacturing of aircraft hasn't been shown. Even a major contract could take years to materialize in bottom- and top-line growth.

For now, I would continue to treat Archer as a speculative stock. The upside could be life-changing, but with so many pieces unproven, this is a stock for risk-tolerant investors who can afford to be patient -- or wrong.

Harley Pivots Hard: Can New Bikes Fix an Old Brand?Harley-Davidson NYSE: HOG raised portions of its 2026 outlook after reporting second-quarter results that management said showed early progress under its “Back to the Bricks” strategic plan, including growth in North American retail motorcycle sales and improved dealer inventory health.

Chief Executive Officer Artie Starrs said 2026 remains a transition year for the company as it works to reset the business, rebuild dealer confidence and improve execution. “We are still early in the work, but the business is moving in the right direction,” Starrs said on the company’s earnings call.

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MarketBeat Week in Review – 04/20 - 04/24Chief Financial and Commercial Officer Jonathan Root said Harley-Davidson Motor Company, or HDMC, generated second-quarter revenue of $1.1 billion, up 6% from the prior year. Motorcycle revenue was $848 million, while parts and accessories revenue was $177 million, down from $187 million a year earlier. Apparel and licensing revenue was $62 million, compared with $61 million in the prior-year period.

HDMC operating income was $72 million, compared with $61 million a year earlier, and operating margin improved to 6.6% from 5.9%. Root said the quarter included $3 million of restructuring expense tied to the company’s new strategy. Excluding that restructuring expense, HDMC operating income would have been $75 million, with an operating margin of 6.8%.

Harley-Davidson Rallies 38%, But Analysts See Downside AheadAt the consolidated Harley-Davidson Inc. level, second-quarter revenue declined 6%, driven primarily by a 55% revenue decline at Harley-Davidson Financial Services as the segment transitioned to a capital-light model. Consolidated operating income was $76 million, down from $112 million in the year-ago quarter. Earnings per share were $0.75, compared with $0.88 in the second quarter of 2025.

North American Retail Growth Continues Root said North American retail sales of new motorcycles rose 3% in the quarter, with approximately 30,000 motorcycles sold. Starrs noted that marked the third consecutive year-over-year quarter of retail growth in North America.

Root said the region benefited from continued strength in redesigned trike models, as well as positive results across the portfolio, particularly sport and adventure touring families. Harley-Davidson reached 32% share of the U.S. 601cc-plus market, according to Root.

Globally, retail sales of new motorcycles rose 1% year over year to approximately 42,500 units. Outside North America, retail sales declined 5% to about 13,000 units. EMEA remained the weakest region, with retail sales down 9% in the second quarter. Root said performance in Europe reflected a subdued economic environment, though touring, sport and trike categories posted positive results. Asia Pacific retail sales were up slightly, while Latin America rose 4%, marking its fourth consecutive quarter of year-over-year growth.

Starrs said Europe remains a challenging market and that Harley-Davidson is making portfolio adjustments. He cited the planned return of the Sportster 883 in 2027 as an example, saying European dealers are “particularly excited” about the model.

Dealer Inventory Health Improves Management emphasized dealer inventory as a central priority. Root said global dealer inventory at the end of the second quarter was down 17% from a year earlier and down 7% from the end of the first quarter. North American dealer inventory was down 15%, while inventory outside North America was down 24%.

Starrs said more than 85% of dealer inventory was model year 2026 product at quarter end, describing it as the healthiest global dealer inventory position in years. Root said North America also had 85% current model year motorcycles in dealer inventory, compared with less than 75% in the prior-year period.

Starrs said the company expects domestic dealer profitability to double in 2026. In response to an analyst question, he said used Harley-Davidson residual values are “extremely strong” and that improving MSRP realization on new motorcycles is also supporting dealer profitability.

“Today, the vast majority believe it’s either just right or they’re asking for more bikes,” Starrs said of dealer inventory levels, contrasting that with the fourth quarter, when he said nearly every dealer was concerned about having too much inventory.

New Models and Parts Focus Support Strategy Starrs highlighted recent launches of the Super Glide and Deadwood models, describing them as “blank canvas motorcycles” aligned with the Back to the Bricks strategy. He said Super Glide sell-through has been strong, dealer enthusiasm has been high and MSRP realization is among the strongest the company has seen “in some time.” Deadwood motorcycles were reaching U.S. dealerships at the time of the call, and Starrs said early reactions from motorcycle media and riders on social media had been “overwhelmingly positive.”

The company is also working to rebuild its parts and accessories business. Starrs said Harley-Davidson has appointed a general manager for the business, identified near-term accessory categories and is preparing for a model year 2027 parts and accessories launch alongside its motorcycle launch. He said parts and accessories are tracking ahead of the company’s beginning-of-year plans.

Guidance Raised for HDMC and HDFS Harley-Davidson raised its 2026 guidance for HDMC retail and wholesale units to a range of 133,500 to 138,500, up from the prior range of 130,000 to 135,000. Root said the company expects retail and wholesale units to maintain a largely one-to-one relationship for the rest of the year because global dealer inventory levels are healthy.

The company now expects HDMC operating income of $10 million to $50 million, compared with prior guidance ranging from positive $10 million to a loss of $40 million. HDFS operating income guidance was raised to $55 million to $70 million, from $45 million to $60 million. LiveWire guidance was unchanged, with an expected operating loss of $70 million to $80 million.

Starrs also reiterated that Harley-Davidson believes it is on track for $150 million of fixed cost savings in 2027 and the HDMC EBITDA target of more than $350 million referenced on the prior call.

Tariffs and HDFS Transition Remain Key Factors Root said Harley-Davidson continues to expect the cost of new or increased tariffs to be in the range of $75 million to $90 million for 2026, unchanged from the prior outlook. In the second quarter, the company incurred $22 million in tariff expense before recoveries and benefited from tariff recoveries primarily related to IEEPA. Root said Harley-Davidson is not planning for additional meaningful tariff recoveries for the balance of 2026.

Starrs said tariff uncertainty remains an ongoing factor and noted the company’s recent announcement to move Rev Max production for North American motorcycles back to the United States.

At HDFS, second-quarter revenue fell to $117 million due to lower interest income following the sale of loan assets as part of a transaction completed last year. HDFS operating income was $22 million, with an operating margin of 18.5%. Root said annualized retail credit losses on managed loans were 3.0%, compared with 3.3% in the year-ago period, while total retail loan originations rose 10% to $940 million.

Harley-Davidson ended the quarter with $1.9 billion in cash equivalents, up from $1.6 billion a year earlier. Root said the company repurchased 1.3 million shares for $30 million during the second quarter and 7.9 million shares for $158 million during the first half of 2026, adding that returning capital to shareholders remains a top priority.

About Harley-Davidson (NYSE:HOG)Harley-Davidson, Inc is a renowned American motorcycle manufacturer best known for its heavyweight cruiser and touring bikes. Founded in 1903 in Milwaukee, Wisconsin, the company has built a strong reputation for producing distinctive motorcycles characterized by their signature V-twin engines, chrome finishes and robust frames. Harley-Davidson markets its products globally through a network of franchised dealerships and focuses on delivering an immersive brand experience to its customers, emphasizing lifestyle and community alongside its motorcycles.

In addition to its core motorcycle business, Harley-Davidson offers an extensive range of parts, accessories and apparel under its Genuine Motor Parts & Accessories and MotorClothes lines.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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Does Delta's Descent To Its 50-Day Line Offer A Buy Opportunity? SkyWest NASDAQ: SKYW reported second-quarter 2026 net income of $101 million, or $2.54 per diluted share, as stronger flying demand helped offset higher fuel costs in its prorate business, executives said on the company’s earnings call.

President and Chief Executive Officer Chip Childs said the quarter reflected increased block hours and “very strong demand both in our contract and pro-rate flying despite a higher fuel cost.” He said demand allowed the company to offset about 60% of the fuel impact in the fare portion of its prorate business.

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During the quarter, SkyWest operated nearly 228,000 flights and delivered a 99.9% adjusted completion rate, Childs said. Executives also emphasized the company’s fleet growth plans, including a new agreement with American Airlines for 11 Embraer E175 aircraft, and a $250 million increase to SkyWest’s existing stock repurchase authorization.

Revenue rises as block hours increase Chief Financial Officer Robert Simmons said SkyWest generated second-quarter GAAP pre-tax income of $139 million, up 29% from the first quarter. Total revenue was $1.1 billion, up 9% from the first quarter of 2026 and up 7% from the second quarter of 2025.

Second-quarter revenue included $864 million of contract revenue, $201 million of prorate and charter revenue, and $38 million of leasing and other revenue. Simmons said the results included $27 million of previously deferred revenue recognized during the quarter. SkyWest ended the quarter with $214 million of cumulative deferred revenue to be recognized in future periods.

Fuel costs were a major headwind for the prorate business. Simmons said prorate fuel expense was $61 million in the second quarter, compared with $28 million in the year-earlier period. The $33 million increase reflected both higher fuel prices and increased prorate production. SkyWest’s prorate fuel price was $4.45 per gallon in the second quarter, up from $2.88 in the second quarter of 2025 and $3.40 in the first quarter of 2026.

For the full year, Simmons said SkyWest expects block hour production to rise approximately 5% from 2025. The company anticipates GAAP earnings per share “in the $11 area” for 2026, subject to continued prorate fuel volatility. That outlook assumes an average jet fuel price of $3.65 per gallon for the second half of 2026 and 28 million gallons needed for the prorate business during that period.

American deal adds to E175 growth plan SkyWest announced an agreement with American Airlines for 11 new E175s, with deliveries scheduled in 2026 and 2027. Wade Steel, president and chief operating officer of SkyWest Airlines, said the aircraft are expected to replace 11 CRJ700s currently flown under contract with American.

Steel said SkyWest expects to place those CRJ700s with one of its major partners through prorate agreements, capacity purchase agreements or traditional leases. He added that some could potentially be converted to CRJ550s for partners.

SkyWest is scheduled to purchase the 11 E175s from Embraer. Four of the American aircraft are expected near the end of the fourth quarter of 2026, while the remaining seven are heavily weighted toward the first half of 2027, Steel said during the question-and-answer session.

The company currently has 67 future E175s on firm order with Embraer, including 16 for Delta, 11 for American and seven for United. Steel said 34 of those aircraft are allocated to major partners, while 33 are not yet assigned. He said the order locks in delivery slots from 2027 through 2032, but includes flexibility to defer or terminate aircraft if SkyWest does not arrange for a partner to take them.

With the American agreement, SkyWest’s E175 fleet is scheduled to reach 300 aircraft by the end of 2027, continuing its position as the largest E175 operator in the world, Steel said.

CRJ conversions and prorate flying remain priorities Executives highlighted ongoing efforts to transition toward an all dual-class fleet. Steel said SkyWest is preparing to deploy the CRJ450 for United later this year and expects to convert four to six aircraft per month beginning this fall. The company expects to have 40 CRJ450s under contract with United and sees the opportunity potentially reaching 100 aircraft.

SkyWest also continues to convert CRJ700s into CRJ550s. Steel said 36 CRJ550s were in service as of June 30, with the remaining 14 under a 50-aircraft United agreement expected to enter service this year.

In prorate flying, Steel said demand remains “extremely strong,” supported by community engagement. SkyWest added 10 aircraft to prorate agreements during the quarter and is continuing to evaluate opportunities to restore service to underserved communities. The company is also operating eight aircraft under a reinitiated prorate agreement with American, with up to nine expected by year-end.

Childs said the company continues to see strong demand even as seasonal trends point to some fall moderation. He also said the shift toward an all dual-class fleet should support the company’s long-term prorate strategy.

Balance sheet, buybacks and capital spending SkyWest ended the quarter with $601 million in cash, down slightly from $627 million in the prior quarter. Simmons said the ending cash balance reflected $122 million of debt repayments, $24 million of new debt financing for fleet deliveries, $139 million in capital expenditures, and $75 million of share repurchases.

The company repurchased 833,000 shares during the second quarter and had $63 million remaining under its existing authorization as of June 30. Simmons said the board approved an additional $250 million for share repurchases.

Simmons said SkyWest generated more than $460 million of EBITDA in the first half of 2026, despite the fuel cost headwind. Since the end of 2025, the company reduced total debt by approximately $100 million, invested more than $240 million in fleet-related capital expenditures and repurchased $150 million of shares.

For 2026, SkyWest expects approximately $700 million of capital expenditures. Simmons said about half of that amount relates to new E175 deliveries. The company expects to finance 11 new E175s this year, but still expects debt to trend lower over the next several years.

Executives said the company plans to continue allocating free cash flow across fleet investment, debt reduction and opportunistic share repurchases. Simmons said SkyWest expects to have more than 100 unencumbered E175s by the end of 2029.

Analysts focus on fuel, fleet placement and 2027 growth During the question-and-answer portion of the call, analysts asked about the impact of fuel volatility on the prorate business. Childs said the company is in a “more stable position” than earlier in the year and continues to have constructive conversations with partners.

Analysts also pressed for details on the placement of aircraft returning from American and from third-party leases. Steel said SkyWest is in discussions with major partners about placing the aircraft in contract, prorate or leasing arrangements. He described contract economics as consistent with existing agreements, while leasing can have higher margin attributes and prorate margins remain more variable.

Asked about 2027 block hour growth, Steel said the company is still finalizing its plans and expects to provide more detail next quarter.

About SkyWest (NASDAQ:SKYW)SkyWest, Inc NASDAQ: SKYW is a regional airline holding company that provides air transportation services through its primary subsidiary, SkyWest Airlines. The company operates flights under capacity purchase agreements with major carriers such as United Airlines, Delta Air Lines, American Airlines and Alaska Airlines. By specializing in regional connectivity, SkyWest links smaller communities to larger hubs using a fleet of regional jets and turboprop aircraft.

Headquartered in St. George, Utah, SkyWest oversees all aspects of its airline operations, including flight scheduling, crew training and aircraft maintenance.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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CENTER VALLEY, Pa.--(BUSINESS WIRE)--Shift4 (NYSE: FOUR) today announced the date for the release of its second quarter 2026 financial results. Q2 2026 Earnings Conference Call Shift4 will release its second quarter 2026 financial results pre-market open on Thursday, August 6, 2026. Management will also host a conference call at 8:30am ET to review these results. Conference Call Details Toll-free dial-in:       +1-800-343-5172 Toll dial-in:       +1-203-518-9856 Conference ID:       FOUR2Q26 Th.