Revenue Performance - Total revenue for the three months ended December 27, 2025, was $1,025 million, a decrease of 4% compared to $1,068 million for the same period in 2024[167]. - Michael Kors revenue for the nine months ended December 27, 2025, was $2,218 million, down 4% from $2,322 million in the prior year[167]. - Jimmy Choo revenue for the three months ended December 27, 2025, increased by 5% to $167 million from $159 million in the same period last year[167]. - Total revenue decreased by $43 million, or 4.0%, to $1.025 billion for the three months ended December 27, 2025, compared to $1.068 billion for the same period in 2024[175]. - Total revenue decreased by $116 million, or 4.2%, to $2.678 billion for the nine months ended December 27, 2025, compared to $2.794 billion for the same period in 2024[195]. - Michael Kors revenue decreased by $104 million, or 4.5%, to $2.218 billion for the nine months ended December 27, 2025, with a constant currency decrease of 6.0%[199]. - Jimmy Choo revenue decreased by $12 million, or 2.5%, to $460 million for the nine months ended December 27, 2025, with a constant currency decrease of 5.5%[199]. Cost and Expenses - Total cost of goods sold for the three months ended December 27, 2025, was $402 million, compared to $394 million for the same period in 2024, reflecting a 2% increase[167]. - Gross profit decreased by $51 million, or 7.6%, to $623 million, with a gross profit margin of 60.8% for the three months ended December 27, 2025, down from 63.1% in 2024[177]. - Total operating expenses decreased by $71 million, or 11.0%, to $577 million, which is 56.3% of total revenue for the three months ended December 27, 2025, down from 60.7% in 2024[178]. - Selling, general and administrative expenses decreased by $2 million, or 0.4%, to $535 million, with an increase in percentage to 52.2% of total revenue for the three months ended December 27, 2025[180]. - Selling, general and administrative expenses decreased by $54 million, or 3.5%, to $1.471 billion for the nine months ended December 27, 2025, compared to $1.525 billion for the same period in 2024[201]. - Total operating expenses decreased by $128 million, or 7.4%, to $1.597 billion for the nine months ended December 27, 2025, representing 59.6% of total revenue[198]. Income and Profitability - Income from continuing operations for the three months ended December 27, 2025, was $46 million, compared to $26 million for the same period in 2024, representing a significant increase[167]. - Income from continuing operations increased by $20 million, or 76.9%, to $46 million, representing 4.5% of total revenue for the three months ended December 27, 2025[174]. - Net income from continuing operations was $57 million for the three months ended December 27, 2025, compared to $6 million for the same period in 2024[192]. - Income from continuing operations was $50 million for the nine months ended December 27, 2025, compared to $31 million for the same period in 2024, representing a 61.3% increase[206]. - Michael Kors recorded income from operations of $255 million for the nine months ended December 27, 2025, down from $309 million for the same period in 2024, with an operating margin decrease from 13.3% to 11.5%[210]. - Jimmy Choo operating margin improved from a loss of 3.8% to an income of 1.8% due to leveraging operating expenses on higher revenues[188]. Store and Asset Management - The number of full-price retail stores for Michael Kors decreased to 368 as of December 27, 2025, from 435 as of December 28, 2024[169]. - The total number of retail stores decreased from 971 as of December 28, 2024, to 908 as of December 27, 2025[169]. - Impairment of assets during the nine months ended December 27, 2025, primarily related to operating lease right-of-use assets at certain Michael Kors store locations[168]. - No asset impairment charges were recognized for the three months ended December 27, 2025, compared to $81 million in the same period of 2024[182]. - The company recognized asset impairment charges of $21 million for the nine months ended December 27, 2025, down from $101 million for the same period in 2024[203]. - Restructuring expenses of $12 million were recorded for the three months ended December 27, 2025, primarily related to lease termination costs[183]. Financial Position and Cash Flow - Net cash provided by operating activities was $258 million during the nine months ended December 27, 2025, compared to $441 million for the same period in 2024, reflecting a decrease due to timing of payments[216]. - Net cash used in investing activities was $45 million during the nine months ended December 27, 2025, compared to $25 million for the same period in 2024, primarily due to capital expenditures[217]. - Net cash used in financing activities increased to $1.344 billion during the nine months ended December 27, 2025, compared to $212 million for the same period in 2024, mainly due to higher net debt repayments[218]. - As of December 27, 2025, total borrowings outstanding amounted to $234 million, a significant decrease from $1,490 million on March 29, 2025[219]. - The company has a total availability of $1,500 million under its Revolving Credit Facility, with remaining availability of $1,278 million as of December 27, 2025[219]. - The company is in compliance with all covenants related to its debt agreements, which require a maximum net leverage ratio of 4.0 to 1.0[219]. Corporate Developments - The merger agreement with Tapestry was terminated, with Tapestry agreeing to reimburse the company approximately $45 million for certain expenses[157]. - The company expects to spend approximately $100 million in Fiscal 2026 on capital expenditures, including store renovations and IT enhancements[214]. - The share repurchase program approved on November 4, 2025, allows for the repurchase of up to $1.0 billion of outstanding ordinary shares, expected to begin in Fiscal 2027[223]. - The company has not repurchased any ordinary shares during the pendency of the Merger Agreement through the expiration date of the previous share repurchase program[222]. Risk Management - The company faced macroeconomic challenges, including inflation and geopolitical factors, impacting consumer spending and overall financial performance[158]. - The company is exposed to interest rate risk related to $221 million borrowings outstanding under its 2022 Credit Facility as of December 27, 2025[234]. - The company has multiple fixed to fixed cross-currency swap agreements with aggregate notional amounts of $3.5 billion to hedge net investments in CHF denominated subsidiaries[231]. - A 10% appreciation or devaluation of the United States dollar would result in a net increase or decrease of approximately $390 million in the fair value of the cross-currency swap agreements for CHF[231]. - The company has 17 financial institutions participating in its credit facilities, with none maintaining a maximum commitment percentage in excess of 10%[220].

Enphase Energy Reports Financial Results for the Fourth Quarter of 2025 FREMONT, Calif., Feb. 3, 2026 - Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, announced today financial results for the fourth quarter of 2025, which included the summary below from its President and CEO, Badri Kothandaraman. We reported quarterly revenue of $343.3 million in the fourth quarter of 2025, along with 46.1% for non-GAAP gross margin. We shipped approximately 1.55 million microinverters, or 682.6 m ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 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: 001-38247 AYTU BIOPHARMA, INC. (Exact name of registrant as specified in its charter) | Delaware | 47-0883144 | | -- ...

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 1-278 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ______________________ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2025 8027 Forsyth Blvd (Address of principal executive offices) (Zip Code) S ...

Financial Performance - Net bookings for the quarter totaled $3.046 billion, up 38% year-over-year[3] - Net revenue was $1.901 billion for the quarter, compared to $1.883 billion in the same quarter last year[4] - Net income for the quarter was $88 million, down from $293 million year-over-year[4] - Total net revenue for the trailing twelve months was $7.306 billion, slightly down from $7.347 billion year-over-year[5] - GAAP operating income decreased by 66% to $127 million from $377 million year-over-year[28] - Non-GAAP operating income fell by 37% to $358 million from $566 million year-over-year[28] - The company reported a diluted earnings per share of $0.35, a decrease of 68% from $1.11 in the same quarter of the previous year[22] Cash Flow and Dividends - Operating cash flow for the quarter was $1.826 billion, compared to $1.176 billion in the prior year[4] - Cash and cash equivalents at the end of the period were $2,784 million, a slight increase from $2,776 million at the end of the previous year[25] - Net cash provided by operating activities for the three months ended December 31, 2025, was $1,826 million, up from $1,176 million in the same period of 2024[25] - Total cash flow from financing activities was a net outflow of $136 million, significantly reduced from a net outflow of $504 million in the previous year[25] - EA declared a quarterly cash dividend of $0.19 per share, payable on March 18, 2026[2] Game Performance - EA SPORTS FC™ net bookings increased high single digits year-over-year, driven by strength in Ultimate Team™ and FC Mobile[3] - Apex Legends™ net bookings were up double-digits year-over-year, supported by innovative new features and events[3] - Full game downloads revenue increased by 22% to $546 million compared to $446 million in the same quarter of the previous year[24] Share Repurchase and Acquisitions - The value of shares repurchased in the trailing twelve months was $2.125 billion, up from $1.450 billion in the previous year[5] - The company has entered into a definitive agreement for acquisition by an investor consortium valued at approximately $55 billion[7] Deferred Revenue and Financial Measures - The change in deferred net revenue from online-enabled games was $1,145 million, a significant increase compared to a decrease of $373 million in the previous year[24] - The Company presents non-GAAP financial measures, including non-GAAP operating margin and free cash flow, as a supplement to GAAP measures[29] - Non-GAAP measures exclude acquisition-related expenses, stock-based compensation, restructuring charges, and capital expenditures, providing a clearer view of core business performance[30] - The Company uses a tax rate of 19% for internal evaluations and forecasts, applying the same rate to management reporting financial results[31]

Aviat Networks Announces Fiscal 2026 Second Quarter and Six Month Financial Results Total Q2 Revenues of $111.5 million Q2 Operating Income of $7.3 million; Q2 Non-GAAP Operating Income of $9.6 million Q2 Net Income of $5.7 million; Q2 Adjusted EBITDA of $11.3 million Q2 Diluted Earnings per Share of $0.44; Q2 Non-GAAP Diluted Earnings per Share of $0.54 AUSTIN, Texas, February 3, 2026 -- Aviat Networks, Inc. ("Aviat Networks," "Aviat," or the "Company"), (Nasdaq: AVNW), the leading expert in wireless trans ...

Exhibit 99.1 INNOVAGE ANNOUNCES FINANCIAL RESULTS FOR THE FISCAL SECOND QUARTER ENDED DECEMBER 31, 2025 DENVER, CO., February 3, 2026 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. ("InnovAge" or the "Company") (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to frail, predominantly dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), today announced financial results for its fiscal second quarter ended December 31, 2025. Full Fiscal Year 2026 ...

Exhibit 99.1 News Release For Immediate Release: February 3, 2026 H&R Block Reports Fiscal 2026 Second Quarter Results — Revenue Increased 11% — — Reaffirms Full Year Outlook — KANSAS CITY, Mo. - H&R Block, Inc. (NYSE: HRB) (the "Company") today released financial results for its fiscal 2026 second quarter ended December 31, 2025. 1 "Across the business, we've made tangible improvements this season, whether receiving assistance from a tax professional or filing using our award-winning online tax product," s ...

Exhibit 99.1 NEWS RELEASE Transcat, Inc. 35 Vantage Point Drive • Rochester • NY • 14624 • Phone: (585) 352-7777 Transcat Reports Strong Fiscal Third Quarter 2026 Financial Results with a Return to High Single-Digit Service Organic Revenue Growth* ROCHESTER, NY, February 3, 2026 – Transcat, Inc. (Nasdaq: TRNS) ("Transcat" or the "Company"), a leader in test measurement, control and calibration, has reported its financial and operational results for its fiscal third quarter ended December 27, 2025 (the "thir ...

Revenue Performance - Q4 2025 revenue decreased by 10% to $646.0 million compared to $721.4 million in Q4 2024[3] - For the twelve months ended December 31, 2025, IAC reported total revenue of $2,393.2 million, a decrease of 8.7% from $2,622.1 million in 2024[36] - In Q4 2025, total revenue was $511.8 million, down 2% from $522.1 million in Q4 2024[30] - Care.com revenue decreased by 9% to $86 million, primarily due to a decline in Enterprise[7] - Digital revenue in Q4 2025 increased by 14% to $354.8 million compared to $310.6 million in Q4 2024[30] - Advertising revenue grew by 9% to $209.9 million in Q4 2025, up from $191.8 million in Q4 2024[30] Profitability and Loss - IAC's net loss improved by 61% to $76.8 million from a loss of $199.0 million in Q4 2024[3] - The net loss attributable to IAC shareholders for the year was $104.0 million, compared to a loss of $539.9 million in 2024[36] - Basic loss per share for the year was $1.46, compared to $6.89 in 2024[36] - Net loss attributable to continuing operations for 2025 was $116.8 million, compared to a loss of $573.2 million in 2024, representing a significant improvement[38] Cash Flow and Financial Position - Free Cash Flow decreased by $132.6 million to $44.8 million for the twelve months ended December 31, 2025[21] - Cash and cash equivalents at the end of the period decreased to $986.8 million from $1,807.3 million, a decline of approximately 45.5%[38] - IAC's long-term debt stood at $1.4 billion, with a weighted average maturity of 6.0 years and a borrowing cost of 7.1%[28] - Total current liabilities decreased from $886.2 million in 2024 to $560.9 million in 2025, a reduction of approximately 36.7%[37] Adjusted EBITDA - Adjusted EBITDA for Q4 2025 increased by 29% to $141.6 million compared to $109.9 million in Q4 2024[3] - For the three months ended December 31, 2025, total Adjusted EBITDA was $141.6 million, compared to $109.9 million for the same period in 2024, representing a 28.9% increase[44] - For the twelve months ended December 31, 2025, total Adjusted EBITDA was $273.0 million, compared to $231.8 million for the same period in 2024, marking an increase of 17.7%[45] - The Digital segment's Adjusted EBITDA for the twelve months ended December 31, 2025, was $307.2 million, up from $289.4 million in 2024, which is a growth of 6.1%[45] - Care.com reported an Adjusted EBITDA of $18.6 million for the three months ended December 31, 2025, compared to $7.9 million in the same period of 2024, indicating a significant increase of 135.4%[44] - The Corporate segment reported an Adjusted EBITDA loss of $113.4 million for the twelve months ended December 31, 2025, compared to a loss of $90.3 million in 2024, indicating a deterioration of 25.6%[45] Strategic Initiatives and Outlook - The company expects total adjusted EBITDA for FY 2026 to be between $260 million and $335 million, with People Inc. contributing $310 million to $340 million[40] - Care.com is projected to return to revenue growth in 2026, indicating a positive outlook for this segment[41] - Corporate expenses are expected to exceed Print Adjusted EBITDA by $15 million due to estimated Google litigation expenses[41] - The company will no longer provide quarterly earnings guidance, focusing instead on long-term strategic priorities[39] Investments and Share Repurchase - IAC repurchased 1.0 million shares for $37 million in Q4 2025, totaling 8.2 million shares repurchased for $337 million over the past year[7] - The company repurchased 1.0 million common shares for $37.0 million between November 1, 2025, and February 2, 2026[26] - IAC's investment in MGM now totals 65.8 million shares, valued at $2.2 billion as of February 2, 2026[17] Challenges and Risks - IAC's future financial performance and business prospects are subject to various risks, including competition from AI technology and unstable market conditions[66] - The company faces challenges related to advertising spending levels and consumer confidence[66] - IAC's ability to market its products effectively and maintain relationships with key partners is critical for its success[66] - The company is committed to protecting user data and ensuring the integrity of its systems against cyber threats[66] Company Overview - IAC is focused on building companies and has evolved into 10 independent, publicly traded companies over nearly three decades[67] - The company holds strategic equity positions in MGM Resorts International and Turo Inc[67] - IAC emphasizes financially-disciplined opportunism as a core principle in its operations[67] - The company is guided by curiosity and a desire to invent or acquire new products and brands[67] - IAC's businesses include category leaders such as People Inc. and Care.com[67] - The company is headquartered in New York City[67]