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New On The Block Pool supplier Leslie’s Inc. is exploring strategic alternatives to address its debt burden, including a potential Chapter 11 bankruptcy filing, Bloomberg reported. The Phoenix-based company has
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ScottsMiracle-Gro (SMG) redeemed $250 million in senior notes, renewed a $750 million receivables facility, and initiated a $500 million share repurchase program with $25 million repurchased in August 2026. The company achieved its $275 million free cash flow target and expects to reduce leverage to the high-3x range, reaffirming fiscal 2026 guidance while focusing on operational excellence and its SMG 2.0 growth strategy.
Vita Coco Company shares rose 5.8% to $55.03 on strong volume, driven by robust demand for its coconut water brand, rising household penetration, and healthy category growth. The company expects Q earnings of $0.51 per share (+27.5% YoY) and revenues of $233.73 million (+28.2% YoY). However, with no change in consensus EPS estimates over the past 30 days, sustained momentum may depend on continued execution and earnings estimate revisions.
Sysco Corporation announced a multi-year AI-powered efficiency program targeting at least $500 million in cost savings by fiscal 2029. The company reaffirmed its fiscal 2027 outlook with net sales growth of 6-7% and adjusted EPS growth of 9-11%, while raising fiscal 2028-2029 guidance. AI initiatives will focus on truck routing, warehouse productivity, procurement, and back-office automation.
Domo (NASDAQ:DOMO) reported quarterly losses of $(0.21) per share which beat the analyst consensus estimate of $(0.31) by 32.26 percent. This is a 1150 percent decrease over earnings of $0.02 per share from the same
SemiAnalysis says AI safety could boost Nvidia GPU demand as monitoring, alignment and cybersecurity consume more compute.