MINNETONKA, Minn.--(BUSINESS WIRE)--BT Brands Reports Record Third-quarter 2025 Profit of $0.15 Per Share - Restaurant EBITDA increases 74% to $823,000. ...

Safaricom, Kenya’s biggest company by market value, grew profit by 52% after narrowing losses in the company’s Ethiopian operations https://t.co/g5HyjtUcXf ...

European companies’ results show they’re navigating US tariffs a lot better than anticipated — a good omen for next year when they’re expected to deliver double-digit profit growth https://t.co/TdyPLePn6s ...

Core Insights - Erste Group Bank raised its annual targets following third-quarter results that exceeded expectations, driven by loan growth and reduced customer deposit costs, resulting in a record high for its shares [1] Financial Performance - The third-quarter results showed significant loan growth, which contributed positively to the bank's performance [1] - Lower customer deposit costs also played a crucial role in enhancing the bank's financial results [1] Market Reaction - The positive earnings report and raised targets led to Erste Group Bank's shares reaching a record high [1]

Core Insights - Restaurant Brands International (RBI) reported a net income of $315 million, or $0.96 per share, for Q3 2025, an increase from $252 million, or $0.79 per share, in Q3 2024 [1] - Total revenues for Q3 2025 reached $2.45 billion, up 6.9% from $2.29 billion in the same quarter of the previous year [1][2] - For the first nine months of 2025, total revenues were $6.97 billion compared to $6.11 billion in the same period of 2024 [2] Financial Performance - The net income attributable to common shareholders for the first nine months of 2025 was $663 million, down from $762 million in the same period of 2024 [3] - The company declared a dividend of $0.62 per common share [3] Business Segment Performance - The international segment saw system-wide sales increase by 12.1%, while same-store sales grew by 4% year-on-year, driven by a 4.2% increase at Tim Hortons Canada and a 3.1% increase at Burger King [2] - Popeyes experienced a decline in same-store sales by 2.4% [2] Strategic Initiatives - RBI's CEO highlighted strong performance from Tim Hortons and the international business, which together account for approximately 70% of earnings [3] - The company is on track to achieve at least 8% organic adjusted operating income growth for the year [4] - RBI reiterated its long-term targets for 2024 to 2028, aiming for more than 3% comparable sales growth and over 8% organic adjusted operating income growth on average [5] Investment Plans - Burger King is advancing its multi-year "Reclaim the Flame" program, which includes up to $700 million in investments through 2028 for advertising, digital enhancements, remodels, and kitchen equipment upgrades [5]

Core Insights - Cardinal Health, Inc. reported first-quarter fiscal 2026 adjusted earnings per share (EPS) of $2.55, exceeding the Zacks Consensus Estimate of $2.21 by 15.4%, and showing a year-over-year improvement of 35.6% [1][8] - Total revenue for the quarter reached $64 billion, marking a 22% increase year over year and surpassing the Zacks Consensus Estimate by 8.4% [2][8] Revenue Details - Sales increased by 22% year over year to $64 billion, beating estimates [2] Segmental Analysis - **Pharmaceutical and Specialty Solutions**: Revenues rose 23% to $59.2 billion, driven by growth in branded and specialty pharmaceutical sales [3] - **Pharmaceutical Profit**: Totaled $667 million, up 26% from the previous year, supported by brand and specialty products [4] - **Global Medical Products and Distribution**: Revenues reached $3.2 billion, a 2% increase year over year, with profits rising from $8 million to $46 million [4] - **Other Segment**: Sales grew 38% to $1.6 billion, with profits increasing 60% to $166 million, driven by strong performance across its operating segments [5] Margin Analysis - Gross profit increased 22% year over year to $2.32 billion, with a gross margin of 3.6% [6] - Distribution, selling, general and administrative expenses rose 14% to $1.46 billion [6] - Operating income was $668 million, an 18% increase year over year, with adjusted operating income up 37.1% to $857 million [6] Financial Update - The company ended the quarter with cash and cash equivalents of $4.59 billion, up from $3.87 billion in the previous quarter [9] - Net cash provided by operating activities was $973 million, compared to $1.65 billion used in the same period last year [9] 2026 Outlook - Cardinal Health raised its fiscal 2026 earnings guidance, expecting adjusted EPS between $9.65 and $9.85, up from a prior outlook of $9.30-$9.50 [10] - Projected revenue growth for the Pharmaceutical segment is 11-13%, with segment profit expected to increase 16-19% [10][11] - Medical segment revenues are estimated to grow 2-4%, while the Other segment is expected to see revenue growth of 26-28% [11] Conclusion - The company reported strong first-quarter results, with broad-based profit growth across all segments, particularly in Pharmaceutical and Specialty Solutions [12] - The positive results led to a 10% increase in shares during pre-market trading, with a year-to-date gain of 39.1% compared to the industry’s 4.1% [13]

Core Insights - Santander bank reported a 7.8% year-on-year increase in third-quarter net profit, reaching 3.5 billion euros ($4.08 billion), exceeding analysts' expectations of 3.39 billion euros, marking the sixth consecutive record-high quarterly result [1][2] Financial Performance - The bank experienced a 4.3% rise in fees and a 0.87% increase in revenues, which offset a 1.1% decline in lending income [2] - The tangible-equity ratio (ROTE) remained stable at 16.2%, with the bank on track to meet its target of around 16.5% for the year and a full-year revenue target of approximately 62 billion euros [2] Strategic Outlook - Executive Chair Ana Botin emphasized the importance of Santander's geographical diversification across 10 core markets in Europe and the Americas as a stabilizing factor amid global uncertainties [3] - The bank is confident in achieving its 2025 targets and continuing profitable growth despite geopolitical and market challenges [3] Regional Performance - Underlying net profit in the U.S., Santander's fifth-largest market, surged by 64%, driven by increased lending income and higher fees from corporate and investment banking [4] - The bank has benefited from higher interest rates and growth in key Latin American markets, providing a competitive edge over more Europe-dependent rivals [4] - However, Santander faced challenges from currency depreciations in emerging markets, particularly in Brazil, where the real's devaluation led to a 5.9% decline in underlying net profit for the quarter [4]

Core Viewpoint - Sherwin-Williams reported an increase in third-quarter profit, primarily driven by revenue growth from its paint stores group [1] Group 1 - The company's profit growth in the third quarter is attributed to strong performance in its paint stores segment [1] - Revenue growth from the paint stores group has been a significant factor in the overall financial performance of Sherwin-Williams [1]

Core Viewpoint - The market sentiment is bullish, driven by expectations of profit growth, lower interest rates, and advancements in AI technology [1] Group 1: Market Sentiment - Investors are optimistic about profit growth, indicating a positive outlook for corporate earnings [1] - Lower interest rates are anticipated, which could enhance borrowing and spending [1] - The influence of AI is seen as a significant factor propelling the market upward [1]

Core Insights - Synchrony Financial reported increased profit and revenue in the third quarter, indicating a return to growth in purchase volume driven by stronger consumer spending trends [1] Financial Performance - The company experienced higher profit and revenue in the third quarter compared to previous periods, reflecting a positive shift in consumer behavior and spending [1]