Financial Performance - Revenues for the third quarter of fiscal year 2026 were $1.87 billion, a decrease of 6% compared to $1.98 billion in the same period last year[4]. - Net income for the quarter was $78 million, down 26% from $106 million year-over-year[4]. - Adjusted EBITDA was $185 million, representing 9.9% of revenues, a slight decrease from 10.0% in the prior year[4][8]. - Revenues for the three months ended October 31, 2025, were $1,866 million, a decrease of 5.6% compared to $1,976 million for the same period in the prior year[25]. - Net income for the three months ended October 31, 2025, was $78 million, down from $106 million in the same period last year, representing a decline of 26.4%[25]. - Adjusted operating income for the Defense and Intelligence segment decreased to $118 million, down 20.3% from $148 million in the prior year[31]. - The Civilian segment's revenues decreased by 7.4% to $427 million for the three months ended October 31, 2025, compared to $461 million in the prior year[34]. - For the nine months ended October 31, 2025, revenues totaled $5,512 million, a decrease from $5,641 million in the same period of 2024[40]. - Operating income for the nine months ended October 31, 2025, was $388 million, down from $425 million in the same period of 2024[40]. Earnings Per Share - Diluted earnings per share for the quarter were $1.69, down from $2.13 in the prior year[4][8]. - The company reported a diluted earnings per share of $1.69 for the three months ended October 31, 2025, down from $2.13 in the same period last year, a decline of 20.7%[25]. - Adjusted diluted EPS for the nine months ended October 31, 2025, was $8.12, compared to $6.56 for the same period in 2024[49]. Guidance and Projections - Fiscal year 2026 revenue guidance was increased to $7.275 billion - $7.325 billion, up from the previous range of $7.250 billion - $7.325 billion[20]. - The company expects net cash provided by operating activities to exceed $585 million for FY26[52]. - Expenditures for property, plant, and equipment are projected to be approximately $35 million for FY26[52]. - The company anticipates free cash flow to exceed $550 million for FY26[52]. Cash Flow and Capital Expenditures - Cash flows from operating activities for the nine months ended October 31, 2025, totaled $351 million, compared to $379 million for the same period last year, reflecting a decrease of 7.4%[29]. - Free cash flow for the three months ended October 31, 2025, was $135 million, a significant increase from $9 million in the same period of 2024[52]. - For the nine months ended October 31, 2025, free cash flow totaled $241 million, compared to $263 million for the same period in 2024[52]. - Net cash provided by operating activities for the three months ended October 31, 2025, was $129 million, down from $143 million in the same period of 2024[52]. - Expenditures for property, plant, and equipment for the nine months ended October 31, 2025, were $24 million, compared to $21 million in the same period of 2024[52]. Acquisitions and Investments - The company deployed $120 million in capital during the quarter, including $94 million for share repurchases[10]. - SAIC acquired SilverEdge Government Solutions for a preliminary purchase price of $203 million, enhancing its mission-focused technology solutions[18]. - The company incurred $203 million in cash paid for acquisitions during the nine months ended October 31, 2025[29]. Backlog and Bookings - The company reported net bookings of $2.2 billion for the quarter, resulting in a book-to-bill ratio of 1.2[5][12]. - The estimated backlog at the end of the quarter was approximately $23.8 billion, with $3.8 billion funded[12]. - Total backlog as of October 31, 2025, was $23,788 million, an increase from $21,857 million as of January 31, 2025[37]. - Funded backlog for Defense and Intelligence contracts was $2,696 million, up from $2,599 million in January 2025, indicating a growth of 3.7%[37]. Dividends - The company declared a cash dividend of $0.37 per share, payable on January 28, 2026[11]. Other Financial Metrics - Adjusted operating income for the nine months ended October 31, 2025, was $523 million, slightly down from $529 million in the same period of 2024[40]. - Adjusted operating income for the three months ended October 31, 2025, was $183 million, representing 9.8% of revenues, compared to $195 million and 9.9% in the prior year[40]. - Adjusted EBITDA for the three months ended October 31, 2025, was $185 million, or 9.9% of revenues, compared to $197 million and 10.0% in the prior year[43]. - The company believes free cash flow is a useful measure for assessing cash flow trends and comparing with peer companies[52].

Exhibit 99 Dollar General Corporation Reports Third Quarter 2025 Results Updates Financial Guidance for Fiscal Year 2025; Provides Fiscal Year 2026 Real Estate Growth Plan GOODLETTSVILLE, Tenn.--(BUSINESS WIRE)--Dollar General Corporation (NYSE: DG) today reported financial results for its fiscal year 2025 third quarter (13 weeks) ended October 31, 2025. "I want to thank our team for their work serving our customers and communities, which led to another quarter of strong financial results," said Todd Vasos, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended October 31, 2025 OR ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to . Commission File Number: 001-32224 Salesforce, Inc. (Exact name of Registrant as specified in its charter) Delaware 94-3320693 (State or other jurisdict ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________________ FORM 10-Q ______________________________________________________________ (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commiss ...

Financial Performance - First quarter sales increased by 3.9% to $935.4 million, driven by pricing benefits, favorable foreign currency translation, and volume growth[2] - GAAP net earnings for the first quarter were $113.9 million, a 15.1% increase from $99.0 million in the prior year, with diluted EPS rising 19.0% to $0.97[1][19] - Adjusted first quarter net earnings were $110.7 million, reflecting a 9.1% increase year-over-year, with adjusted EPS up 13.3% to $0.94[1][19] - Net earnings for the first quarter of fiscal 2026 were $113.9 million, an increase of 15.4% compared to $99.0 million in the same period last year[25] - The effective tax rate decreased to 22.8% from 24.2% year-over-year, contributing to higher net earnings[27] - Diluted EPS increased to $0.97, up from $0.81 in the previous year, reflecting strong earnings growth[40] Segment Performance - Sales in the Life Sciences segment grew by 13.1%, attributed to strong new equipment sales in Food and Beverage and Disk Drive[5] - The Mobile Solutions segment reported a total of $598.3 million in sales, a 4.5% increase from $572.4 million in the previous year[29] - The Life Sciences segment experienced a significant growth of 13.1%, with total sales reaching $79.3 million compared to $70.1 million last year[29] Operating Metrics - The operating margin improved to 16.0%, up from 14.5% in the previous year, driven by operating expense leverage[7] - The operating margin improved to 16.0%, up from 14.5% in the same quarter last year[27] - The adjusted operating margin for fiscal 2026 is expected to be between 16.2% and 16.8%, an increase from the previous guidance of 16.1% to 16.7%[13] Cash Flow and Expenses - Net cash provided by operating activities rose to $125.4 million, up from $72.9 million year-over-year[40] - Free cash flow for the quarter was $122.0 million, significantly higher than $47.9 million in the prior year[40] - The cash conversion ratio improved to 107.1%, compared to 48.4% in the same quarter last year[27] - Interest expense increased to $7.1 million from $5.5 million due to higher debt levels[8] - Capital expenditures are forecasted to be between $65 million and $85 million, with adjusted free cash flow conversion expected to be in the range of 85% to 95%[14] Guidance and Shareholder Returns - The company raised its full-year adjusted EPS guidance to a range of $3.95 to $4.11, up from the previous range of $3.92 to $4.08[9] - The company plans to repurchase between 2.0% and 3.0% of its shares outstanding during the fiscal year[14] Non-GAAP Measures - The Company has provided adjusted EPS guidance for fiscal 2026, but a reconciliation to GAAP EPS guidance is not included due to the inability to quantify certain variables[41] - The Company emphasizes the usefulness of non-GAAP measures such as free cash flow, EBITDA, and adjusted diluted EPS in understanding financial results, despite these not being measures under GAAP[42] - Management believes that adjusted financial measures provide a meaningful representation of the Company's core business performance[42]

Financial Performance - Hormel Foods reported fiscal 2025 net sales of $12.1 billion, with organic net sales growth of 2%[5]. - The company expects fiscal 2026 net sales in the range of $12.2 billion to $12.5 billion, with organic net sales growth of 1% to 4%[6]. - Operating income for fiscal 2026 is projected to be between $960 million and $1.03 billion, with adjusted operating income growth of 4% to 10%[6]. - Diluted earnings per share for fiscal 2026 are expected to be in the range of $1.29 to $1.39, with adjusted diluted earnings per share growth of 4% to 10%[6]. - Cash flow from operations for fiscal 2025 was $845 million, with dividends paid to shareholders reaching a record $633 million[10]. - The effective tax rate for fiscal 2025 was 28.0%, compared to 22.3% in the prior year[10]. - Total net sales for the fourth quarter ended October 26, 2025, were $3,185.7 million, representing a 2.3% increase compared to $3,138.1 million in the same quarter of the previous year[40]. - For the fiscal year ended October 26, 2025, total net sales reached $12,106.2 million, a 2.5% increase from $11,920.8 million in the prior year[41]. Profitability Challenges - The company faced profitability challenges in fiscal 2025 due to input cost inflation and non-cash impairment charges totaling $234 million[5][10]. - The company reported a net loss of $56,204 in Q4 2025, compared to net earnings of $219,960 in Q4 2024, resulting in a diluted earnings per share of $(0.10) versus $0.40[23]. - The total segment profit for Q4 2025 was $42,190, an 87.4% decline from $334,331 in Q4 2024, with significant losses reported in the International segment[26]. - The effective tax rate for Q4 2025 was (159.9)%, compared to 21.5% in Q4 2024, reflecting significant tax implications from the net loss[23]. - The Company recorded a goodwill and intangible impairment of $70,751 in Q4 2025, indicating potential challenges in asset valuation[23]. Dividend Information - Hormel Foods announced a 1% increase in its quarterly dividend, raising the annualized rate to $1.17 per share, marking 60 years of uninterrupted dividend increases[8]. - The company declared a dividend of $0.2900 per share for Q4 2025, up from $0.2825 in Q4 2024, with total dividends declared for the fiscal year increasing to $1.1600 from $1.1300[23]. Segment Performance - The Retail segment saw net sales growth driven by the turkey portfolio and Applegate products, despite a decline in segment profit due to input cost pressures[11]. - Retail segment net sales for the fourth quarter were $1,922.8 million, up 0.8% from $1,907.1 million year-over-year[40]. - Foodservice segment net sales increased by 6.5% to $1,088.2 million in the fourth quarter, compared to $1,046.0 million in the previous year[40]. - The international segment's net sales decreased by 5.6% in the fourth quarter, totaling $174.7 million compared to $185.0 million in the prior year[40]. Operational Metrics - Capital expenditures for fiscal 2025 were $311 million, with investments in capacity expansions and technology[10]. - Total current assets increased to $3,405,656 in Q4 2025 from $3,246,476 in Q4 2024, while total assets slightly decreased to $13,393,119 from $13,434,729[24]. - Cash and cash equivalents at the end of Q4 2025 were $670,679, a decrease from $741,881 at the end of Q4 2024[25]. - Total volume for the fourth quarter was 1,088,430 lbs., a slight decrease of 0.4% from 1,108,203 lbs. in the same quarter last year[40]. - The retail segment's total volume for the fiscal year was 2,873,655 lbs., down 1.4% from 2,915,141 lbs. in the previous year[41]. Future Initiatives - The Company initiated a multi-year Transform and Modernize (T&M) initiative, excluding non-recurring costs associated with this initiative from its financial measures[28]. - The corporate restructuring plan commenced in Q4 fiscal 2025 aims to reduce administrative expenses and improve efficiencies, with costs primarily related to severance and employee benefits being excluded from core operating performance[32]. - The Company recorded non-cash impairment charges in Q4 fiscal 2025 related to certain intangible assets, which were also excluded from the assessment of core operating performance[33].

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __to __ Commission File Number: 001-41211 nCino, Inc. (Exact name of Registrant as specified in its charter) (State or other jurisdiction ...

Sales Performance - Comparable sales in the U.S. increased by 4.5% and 4.0% for the three and nine months ended October 31, 2025, respectively, compared to the same periods in the previous fiscal year[75] - Walmart U.S. segment had comparable sales growth of 4.8% and 4.2% for the three and nine months ended October 31, 2025, driven by growth in average ticket and transactions[75] - Net sales for the three months ended October 31, 2025, were $177.769 billion, representing a 5.8% increase from $168.003 billion in the same period of 2024[78] - Net sales for the Walmart U.S. segment increased by $5.8 billion or 5.1% for the three months ended October 31, 2025, compared to the same period in 2024[98] - Walmart International segment net sales increased by $3.3 billion or 10.8% for the three months ended October 31, 2025, and $4.8 billion or 5.4% for the nine months ended October 31, 2025, compared to the same periods in the previous fiscal year[103] - Sam's Club U.S. segment net sales increased by $0.7 billion or 3.1% for the three months ended October 31, 2025, driven by comparable sales growth of 2.8%[108] Profitability - Operating income for the three months ended October 31, 2025, was $6.696 billion, a slight decrease of 0.2% compared to $6.708 billion in the same period of 2024[78] - Gross profit as a percentage of net sales increased by 2 basis points for the three months ended October 31, 2025, compared to the same period in the previous fiscal year[78] - Consolidated net income for the three months ended October 31, 2025, was $6.1 billion, an increase of 29.1% from $4.7 billion in the same period of 2024[97] - Gross profit for the nine months ended October 31, 2025, was $125.7 billion, an increase of 4.9% from $120.1 billion in 2024[92] - Operating income for the nine months ended October 31, 2025, was $21.1 billion, a decrease of 1.7% from $21.5 billion in 2024[92] Expenses and Costs - Operating expenses as a percentage of net sales increased by 28 basis points for the three months ended October 31, 2025, primarily due to a $0.7 billion charge related to share-based compensation modifications[79] - The effective income tax rate for the three months ended October 31, 2025, was 25.6%, up from 22.7% in the same period of the previous year[96] - Operating expenses as a percentage of net sales increased by 28 basis points for the three months ended October 31, 2025, primarily due to a charge related to share-based compensation[94] - Operating income for the Walmart International segment decreased by $0.5 billion for the three months ended October 31, 2025, resulting in an operating income margin of 2.1%[106] - Operating expenses as a percentage of net sales for Sam's Club U.S. increased by 29 basis points for the three months ended October 31, 2025, mainly due to associate wage investments[111] Cash Flow and Capital Expenditures - Free cash flow for the nine months ended October 31, 2025, was $8.8 billion, representing an increase of 41.8% compared to $6.2 billion in the same period of the previous year[91] - Net cash provided by operating activities increased by $4.5 billion to $27.5 billion for the nine months ended October 31, 2025, compared to $22.9 billion in 2024[91] - Total capital expenditures for the nine months ended October 31, 2025, were $18.6 billion, an increase of 11.1% from $16.7 billion in 2024[86] - Net cash provided by operating activities increased by $4.5 billion to $27.452 billion for the nine months ended October 31, 2025, compared to the previous fiscal year[114] - Net cash used in investing activities increased by $6.4 billion to $(19.030) billion for the nine months ended October 31, 2025, primarily due to changes in strategic investments[117] Shareholder Returns - The company approved a fiscal 2026 annual dividend of $0.94 per share, a 13% increase over the previous year's dividend[121] - The company repurchased 75.3 million shares during the nine months ended October 31, 2025, compared to 45.9 million shares in the same period of 2024, representing a significant increase[123] - The average price paid per share for repurchases in 2025 was $93.04, up from $66.37 in 2024, indicating a higher investment per share[123] - Total amount paid for share repurchases reached $7.0 billion in 2025, an increase of $4.0 billion compared to $3.0 billion in 2024[123] - The company expects to fund the majority of its ongoing share repurchase program through free cash flow[123] Financial Outlook and Risks - The company expects continued uncertainty in business and the global economy due to various macroeconomic factors, including inflation and supply chain pressures[70] - The One Big Beautiful Bill Act introduced corporate tax changes, including 100% bonus depreciation on qualified property, which is expected to decrease cash taxes paid in the current fiscal year[70] - The company maintains strong credit ratings, with Standard & Poor's rating at A-1+ for commercial paper and AA for long-term debt as of October 31, 2025[126] - The company anticipates that cash flows from operations will be sufficient to meet its cash requirements, including capital expenditures and share repurchases[125] - There were no material changes to the company's market risks as of October 31, 2025, compared to the previous fiscal year[128] - The company is subject to potential credit rating downgrades, which could affect future borrowing costs and access to capital markets[126] - Material cash requirements include inventory purchases, employee-related costs, and interest payments, expected to be satisfied by cash from operations[124] Returns on Investment - Return on Assets (ROA) improved to 8.4% for the trailing 12 months ended October 31, 2025, up from 7.8% in 2024[85] - Return on Investment (ROI) decreased to 14.8% for the trailing 12 months ended October 31, 2025, down from 15.1% in 2024[85] Membership and Other Income - Membership and other income increased by 9.0% for the three months ended October 31, 2025, reaching $1.7 billion, up from $1.6 billion in 2024[92] - Membership and other income for Sam's Club U.S. increased by 13.1% for the three months ended October 31, 2025, primarily due to growth in the membership base[109] Gross Profit Analysis - Gross profit for the Walmart International segment was $7.002 billion for the three months ended October 31, 2025, with a gross profit rate of 20.9%, a decrease of 68 basis points compared to the previous year[104] - Gross profit rate for Sam's Club U.S. increased by 10 basis points for the three months ended October 31, 2025, attributed to product mix changes and operational efficiencies[110]

Financial Performance - Net sales decreased by $45.7 million, or 15.6%, to $246.9 million in the three months ended November 1, 2025, compared to $292.6 million in the same period of 2024 [122]. - Net sales decreased by $63.7 million, or 11.6%, to $487.4 million in the six months ended November 1, 2025, compared to $551.1 million in the same period of 2024 [123]. - Net loss for the three months ended November 1, 2025, was $9.9 million, compared to a net loss of $1.6 million for the same period in 2024, indicating a significant increase in losses [135]. - The company experienced a net loss of $20.2 million for the six months ended November 1, 2025, compared to a net loss of $19.9 million for the same period in 2024 [169]. Cost and Expenses - Cost of products sold decreased by $35.5 million, or 15.1%, to $199.2 million in the three months ended November 1, 2025, representing 80.7% of net sales [124]. - Selling and administrative expenses decreased by $3.6 million, or 8.5%, to $39.0 million in the three months ended November 1, 2025 [127]. - Interest expense, net was $5.7 million in the three months ended November 1, 2025, compared to $6.2 million in the same period of 2024 [130]. - Income tax expense was $5.7 million in the three months ended November 1, 2025, compared to $3.2 million in the same period of 2024 [133]. Segment Performance - Automotive segment net sales decreased by $35.0 million, or 24.1%, to $110.5 million in the three months ended November 1, 2025, compared to $145.5 million in the same period in 2024 [138]. - Gross profit for the automotive segment fell by $12.0 million, or 84.5%, to $2.2 million in the three months ended November 1, 2025, with gross profit margins decreasing to 2.0% from 9.8% in the prior year [142]. - Industrial segment net sales increased by $7.5 million, or 3.1%, to $250.4 million in the six months ended November 1, 2025, compared to $242.9 million in the same period in 2024 [148]. - Industrial segment gross profit rose by $11.3 million, or 16.0%, to $82.1 million in the six months ended November 1, 2025, with gross profit margins increasing to 32.8% from 29.1% in the prior year [150]. - Interface segment net sales decreased by $6.2 million, or 39.5%, to $9.5 million in the three months ended November 1, 2025, compared to $15.7 million in the same period in 2024 [154]. - Interface segment gross profit decreased by $2.4 million, or 46.2%, to $2.8 million in the three months ended November 1, 2025, with gross profit margins decreasing to 29.5% from 33.1% in the prior year [155]. Liquidity and Capital Structure - As of November 1, 2025, the company had $118.5 million in cash and cash equivalents, with $61.5 million held in subsidiaries outside the U.S. [160]. - The company has a share buyback authorization of up to $200.0 million, which commenced on June 17, 2024, with no shares purchased as of November 1, 2025 [161]. - The outstanding balance under the revolving credit facility was $294.5 million in euro-denominated borrowings and $40.0 million in U.S. denominated borrowings as of November 1, 2025 [167]. - Net cash provided by operating activities was $17.7 million for the six months ended November 1, 2025, compared to a net cash used of $37.1 million for the same period in 2024 [170]. - Capital expenditures were $11.3 million for the six months ended November 1, 2025, down from $24.0 million in the same period in 2024 [171]. - The company paid cash dividends of $4.7 million in the six months ended November 1, 2025, compared to $10.0 million in the same period in 2024 [173]. Compliance and Financial Agreements - The company was not in compliance with a covenant restricting certain restricted payments for the quarter ended August 2, 2025, leading to a waiver agreement with Bank of America [164]. - The Amended Credit Agreement provides for a secured multicurrency revolving credit facility of $400 million, maturing on October 31, 2027 [166]. - The company anticipates compliance with financial covenants in the Amended Credit Agreement based on current projections, but future compliance is uncertain [168]. Market Challenges - The company continues to face supply chain challenges, particularly in procuring automotive-grade semiconductors, which may impact financial results [118]. - The adoption of electric vehicles (EVs) has been slower than anticipated, potentially affecting the company's financial condition [117].

NEWS RELEASE Five Below, Inc. Announces Third Quarter Fiscal 2025 Financial Results Q3 Net Sales Increase of 23.1% to $1.0 Billion; Comparable Sales Increase of 14.3% Q3 GAAP Diluted EPS of $0.66, Q3 Adjusted Diluted EPS of $0.68 Increases Full Year 2025 Sales and EPS Outlook PHILADELPHIA, PA – (December 3, 2025) – Five Below, Inc. (NASDAQ: FIVE) today announced financial results for the third quarter and year to date period ended November 1, 2025. For the third quarter ended November 1, 2025: A reconciliat ...