THOR Industries FY2026: Sales Flat at $9.6B, Profit Down 31% as RV Margins Narrow
THOR Industries' FY2026 sales were flat at $9.61B, but net income fell 31% to $177.5M as gross margin slid from 14.0% to 12.6%. See the open ledger.
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UNFI FY2026: $31.2B of Sales, $84M of Profit, a 0.27% Net Margin
UNFI swung from a $118M loss to $84M profit on $31.2B of sales, a 0.27% margin; $50M of insurance recoveries and a $37M LIFO benefit won't repeat.
TD SYNNEX FY2026 Q3: $21.6B of Revenue and the 1.9% Margin of Moving Other People's GPUs
TD SYNNEX's Q3 FY2026 revenue rose 37.7% to $21.6B at a 1.93% net margin, while inventory grew $5.8B and free cash flow hit −$976M. Read it in a public ledger.
KB Home FY2026 Q3: $1.30B Revenue and a Backlog Growing Again
KB Home's FY2026 Q3 revenue fell 20% to $1.30B and net income 41% to $65.3M, yet housing margin rose to 16.5% and backlog grew for the first time in four years.
Accenture FY2026: The $308M Severance Line Behind the 15.3% Margin
Accenture's FY2026 revenue rose 6% to $74.2B and GAAP operating margin hit 15.4%, but excluding severance the gain is 20 bps — and debt doubled to $10B.
Buying a Small Business With an Earnout: Bridging the Valuation Gap Without Blowing Up Your Books
Earnouts pay out about 21 cents per promised dollar. Buyers book them at fair value under ASC 805; sellers report under IRS installment rules.
Jabil FY2026: $36B of Revenue and the 2.9% Margin of Building AI Servers for Others
Jabil's FY2026 revenue rose 21% to $36.0B, yet GAAP net income was $1.04B — a 2.9% margin. Trace the AI-server economics and $13.09 core EPS in a public ledger.
How to Book a Lease Termination Fee Under ASC 842: The ROU Asset, the Liability, and the Gain or Loss Most Tenants Miss
Under ASC 842, ending a lease early means derecognizing the ROU asset and lease liability and booking the difference — plus the fee — as a gain or loss.
Carnival FY2026 Q3 Earnings: Debt Fell, but Cash Fell Faster
Carnival's Q3 FY2026 revenue rose 3.5% to $8.4B and net income hit $1.92B, yet a $977M debt paydown left net debt almost flat as cash fell $1.02B.
Ghost Assets Are Inflating Your Balance Sheet: How to Find and Remove Them
Ghost assets — equipment on your books but long gone — run 10-30% of fixed asset registers; a yearly physical count plus disposal entries clears them.
Micron FY2026 Q4 Earnings: An $85B Year, With Cash to Match
Micron's FY2026 revenue rose 256% to $133.2B and net income hit $85.0B; $62.3B of adjusted free cash flow backs it, but $12.7B of deposits carry obligations.
Nike FY2027 Q1 Earnings: Better Margins, a Weaker Sales Outlook
Nike's FY2027 Q1 gross margin rose 60 bps to 42.8% as revenue fell 4% to $11.2B and China sank 22%. Trace the $712M profit in a public ledger.