Dossier
fiscal 2026
Coverage of fiscal 2026 in the Nexus archive.
- Peloton posted its first full-year profit ever — but the stock sank on a weaker sales outlook
Peloton posted $63 million in net income for fiscal 2026, marking its first full-year profit ever. Despite this positive financial milestone, the company's stock declined due to a weaker-than-expected revenue forecast.
- Tyson Foods is slashing its annual profit forecast as beef losses widen
Tyson Foods has revised its annual profit forecast downward, projecting a beef operating loss of up to $650 million for fiscal 2026, an increase from its previous estimate of $500 million.
- Plus-size fashion chain Torrid to shutter a third of its stores
Plus-size fashion retailer Torrid will close up to 30 additional low-performing stores in fiscal 2026, as announced by CEO Lisa Harper. This represents a third of its current store locations being shuttered.