427 material Form 8-K filings that 376 companies we cover made with the SEC in September 2025, each read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). All of them were written later, when past filings were added: a selection, not every 8-K of the month (see the note below).
CarMax reported second quarter fiscal 2026 results for the period ended August 31, 2025. Net earnings fell 28.2% to $95.4 million, and diluted earnings per share were $0.64 versus $0.85 a year earlier, as retail used unit sales declined 5.4% and the CarMax Auto Finance loan loss provision rose. The company also set plans for at least $150 million in SG&A reductions over the next 18 months.
Net earnings were $95.4 million versus $132.8 million a year earlier; diluted EPS was $0.64 versus $0.85.
Retail used unit sales fell 5.4% to 199,729 units, and total gross profit decreased 5.6% to $717.7 million.
CarMax Auto Finance provision for loan losses rose to $142.2 million from $112.6 million, and CAF income fell 11.2% to $102.6 million.
The company established plans for SG&A reductions of at least $150 million over the next 18 months and repurchased $180.0 million of shares in the quarter.
KB Home reported third-quarter results for the period ended August 31, 2025, with revenue of $1.62 billion, down from $1.75 billion a year earlier, and diluted earnings per share of $1.61, down 21% from $2.04. Net income fell to $109.8 million from $157.3 million, mainly due to a lower housing gross profit margin, and the company repurchased $188.5 million of its stock in the quarter. The company also provided full-year 2025 housing revenue guidance of $6.10 billion to $6.20 billion.
Quarterly revenue was $1.62 billion versus $1.75 billion, and homes delivered fell 7% to 3,393.
Diluted earnings per share were $1.61 versus $2.04, and net income was $109.8 million versus $157.3 million.
Housing gross profit margin was 18.2% versus 20.6%, reflecting price reductions and higher relative land costs.
Full-year 2025 housing revenue guidance is $6.10 billion to $6.20 billion, and the company repurchased $188.5 million of stock in the quarter.
Lennar reported third-quarter results for the period ended August 31, 2025, with net earnings of $591 million, or $2.29 per diluted share, down from $1.2 billion, or $4.26 per share, a year earlier. Lower average sales prices and a gross margin of 17.5% versus 22.5% a year earlier drove the decline, while deliveries were flat at 21,584 homes. Management said it will moderate volume in the fourth quarter, guiding to 20,000 to 21,000 new orders, which signals slower sales volume for shareholders while the company works to rebuild margin.
Total revenues were $8.8 billion, compared with $9.4 billion in the third quarter of 2024; deliveries were 21,584 homes, consistent with the prior year.
Average sales price of homes delivered was $383,000, down from $422,000, and gross margin on home sales was 17.5%, down from 22.5%.
Fourth-quarter 2025 guidance: 20,000 to 21,000 new orders, 22,000 to 23,000 deliveries, and gross margin of approximately 17.5%, depending on market conditions.
Lennar repurchased 4.1 million shares for $507 million in the third quarter at an average price of $122.97.
Scholastic reported a fiscal first-quarter 2026 operating loss of $92.2 million and a diluted loss of $2.83 per share, both worse than a year earlier, on revenue that fell 5%. The company affirmed its fiscal 2026 guidance and said adjusted EBITDA improved 8% to a loss of $55.7 million, driven by lower overhead and higher Children's Book Publishing and Distribution revenue.
Revenues fell 5% to $225.6 million from $237.2 million, mainly due to Education Solutions revenue down 28% to $40.1 million.
Diluted loss per share was $2.83 versus $2.21 a year earlier; excluding one-time items it was $2.52 versus $2.13.
Free cash use was $100.2 million versus $68.7 million, and net debt rose to $242.8 million from $152.1 million.
Fiscal 2026 guidance was affirmed; sale-leaseback processes for certain real estate are expected to conclude this fall, with $70.0 million remaining under the buyback authorization.
Fifth Third Bancorp said it found alleged external fraud at a commercial borrower linked to an asset-backed finance loan with an outstanding balance of about $200 million. The bank expects a non-cash impairment charge of $170 million to $200 million in the third quarter of 2025, which will reduce reported results for shareholders, and the final amount depends on an ongoing review by third-party advisers.
Outstanding loan balance is approximately $200 million; estimated non-cash impairment charge is $170 million to $200 million.
Bancorp concluded on September 5, 2025 that a material impairment charge would result, to be recognized in Q3 2025.
Bancorp is working with law enforcement and third-party advisers to validate potential fraud-related losses.
CEO Tim Spence is scheduled to present at the Barclays Global Financial Services Conference on September 10, 2025; slides are filed as Exhibit 99.1.
CubeSmart furnished a September 2025 investor presentation under Items 2.02 and 7.01 of its Form 8-K. The deck shows year-to-date same-store revenue down 0.4%, same-store net operating income down 0.9%, and second-quarter 2025 FFO, as adjusted, of $0.65 per share. It also restates full-year 2025 guidance, which the filing does not compare with prior guidance.
Year-to-date same-store revenue growth of (0.4)%, same-store expense growth of 0.9%, and same-store NOI growth of (0.9)%
2Q25 FFO, as adjusted, of $0.65 per share
Full-year 2025 outlook: same-store revenue growth of (1.25%) to (0.25)%, and FFO, as adjusted, of $2.54 to $2.60 per share
Acquired the remaining 80% interest in the HVP IV joint venture for $452.8 million, including $44.4 million to repay debt; issued $450.0 million of 5.125% senior unsecured notes due 2035 on August 20
G-III Apparel reported second-quarter fiscal 2026 net sales of $613.3 million, down 5% from a year earlier, and net income of $10.9 million, or $0.25 per diluted share, versus $0.53 a year earlier. It also updated fiscal 2026 guidance, now projecting net income of $112.0 million to $122.0 million, well below the $193.6 million reported for fiscal 2025, citing the macro environment, a more cautious outlook from retail partners and tariffs.
Q2 net sales of $613.3 million, down 5% from $644.8 million; net income of $10.9 million, or $0.25 per diluted share, versus $24.2 million, or $0.53, a year earlier.
Fiscal 2026 net income expected at $112.0 million to $122.0 million, or $2.53 to $2.73 per diluted share, versus $193.6 million, or $4.20, in fiscal 2025.
Estimated incremental tariff cost of approximately $155 million; remaining unmitigated impact of $75 million is reflected in fiscal 2026 guidance.
Repurchased 1,140,988 shares for $24.6 million in the second quarter; total debt was $15.5 million at July 31, 2025, versus $414.0 million a year earlier.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Briefs marked “Written later” were written in November 2026 for filings that were by then more than three weeks old, so months before mid-October 2026 hold a selection: every material 8-K of the past year for the 100 largest companies we cover and the last 15 important 8-Ks of every other one. Briefs the number check holds back are not shown or counted. Also: the last 45 days, briefs by company, A–Z and the live SEC filings wire.