Earnings Feed

DBI

Consumer

Adjusted diluted EPS was $0.34, up from $0.29 last year, despite a slight decline in adjusted net income to $16.7 million from $17.1 million.
Adjusted operating expenses decreased by over $14 million year over year, achieving 350 basis points of leverage compared to Q1.
Brand portfolio sales declined 23.8%, driven by lower internal sales, but external wholesale sales grew 7%.
Canadian retail sales were flat year over year with comps down 0.6%, showing sequential improvement and turning positive in July.
Comparable sales were down 5%, a 280 basis point improvement from Q1 comps.
Gross margin was 43.7%, down 30 basis points year over year but leveraged 70 basis points from Q1.
Total sales declined 4.2% year over year to $739.8 million in Q2 2025, improving sequentially from an 8% decline in Q1.
U.S. retail comps declined 4.9%, improving from Q1, with total sales down 4.8%.

AVO

Consumer

Adjusted EBITDA increased 3% to $32.6 million, driven by higher avocado production in International Farming.
Adjusted net income grew to $18.2 million or $0.26 per diluted share from $16.7 million or $0.23 last year.
Blueberries segment sales increased to $4.5 million from $1.6 million, with adjusted EBITDA improving accordingly.
Gross profit increased 22% to $45.1 million, with gross margin rising 120 basis points to 12.6%.
International Farming segment gross sales surged 79% to $49 million, with adjusted EBITDA up 163% to $12.1 million.
Marketing & Distribution segment net sales rose 7% to $344.1 million, with adjusted EBITDA declining due to margin normalization.
Record third quarter revenue of $357.7 million, up 10% year-over-year.
SG&A expenses increased 19% due to higher employee-related costs and profit sharing tied to improved segment performance.

Consumer

Macy's reported its strongest comparable sales in 12 quarters, driven by enterprise-wide improvements and strategic execution.
The company's GoForward business, including reimagined stores and digital, achieved 2.2% comparable sales growth, indicating successful transformation efforts.
Bloomingdale's and Bluemercury continued their positive momentum with 5.7% and 1.2% comparable sales growth respectively, highlighting luxury segment strength.
Management emphasized that the multi-brand, multi-category, and multi-channel model provides sourcing flexibility, economies of scale, and product diversification, supporting growth.
The results reflect the effectiveness of the Bold New Chapter strategy in improving product offerings and omnichannel customer experiences.