Consumer & Retail Earnings & Financial Results — Latest Quarter

McDonald's Q2 FY2026 results featured slowing comparable sales growth and the launch of a new strategic plan, as rising costs and U.S. traffic declines offset international strength.

Disney's Q3 FY2026 revenue grew 7% to $25.2 billion and operating income jumped 21%, but net income halved due to a prior-year one-time Hulu tax benefit.

Starbucks' Q3 FY2026 results were dominated by the China joint venture closure, delivering a one-time gain and a shift to a higher-margin licensed model, while North America comparable sales grew 8.1%.

In FY2026, NIKE's revenue was roughly flat at $46.4B (+0.2% YoY) and gross margin expanded modestly to 42.9%, but net income fell 3.4% to $3.108B and operating cash flow dropped 22.4% to $2.868B as North America growth was offset by steep declines in Greater China and Converse amid ongoing brand and marketplace reset efforts.

Lululemon delivered 4.3% revenue growth to $2.5B in Q1 FY2026, led by China Mainland and Rest of World, but higher tariffs, markdowns, and operating expenses drove a 38.0% decline in net income to $195.0M and compressed operating margin to 11.2%. Source: 10-Q Item 2 MD&A, pp.18-23.

Costco delivered strong Q3 FY2026 results with revenue of $70.5B (+11.6% YoY) and net income of $2.19B (+15.2% YoY), driven by robust membership-driven sales growth while maintaining its characteristically lean ~4% operating margin.

Ross Stores delivered strong Q1 FY2026 growth, with revenue up 20.6% to $6.0B, diluted EPS up 37.4% to $2.02, and operating margin expanding to 13.4%, driven primarily by 17% comparable-store sales growth and lower cost of goods sold as a percentage of sales. Source: 10-Q Item 2 MD&A, pp.18-20.

In Q1 FY2027, Walmart delivered 7.3% revenue growth and 18.8% net-income growth, supported by U.S. and international sales momentum and eCommerce growth, although operating-margin compression and higher capital expenditures drove free cash flow to negative $1.946B. Source: 10-Q Item 2 MD&A, pp.20-21

TJX delivered strong Q1 FY2027 profitability growth, with net sales up 9% to $14.3B, diluted EPS up 29% to $1.19, and a 1.8-percentage-point improvement in its cost-of-sales ratio, while tariff-refund uncertainty and elevated capital spending remain notable considerations. Source: 10-Q Item 2 MD&A, p.22-24, 29-30

Target reported Q1 FY2026 net sales growth of 6.7% to $25.4B, but GAAP diluted EPS fell 24.7% to $1.71 because the prior-year period included $593M of pretax interchange-fee settlement gains, while adjusted EPS rose 31.6%. Source: 10-Q Item 2 MD&A, pp.14, 19-20

Lowe's delivered 10.3% revenue growth to $23.1B in Q1 FY2026, but gross-margin pressure, higher amortization and interest costs reduced net income 0.8% to $1.6B and diluted EPS to $2.90. Source: 10-Q Item 2 MD&A, pp.17-20

HD delivered 4.8% revenue growth to $41.8B in Q1 FY2026, aided by the GMS acquisition, but gross and operating margin compression drove net income and diluted EPS down 4.2% and 4.3%, respectively. Source: 10-Q Item 2 MD&A, pp.15-16