619 material Form 8-K filings that 507 companies we cover made with the SEC in December 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).
KB Home reported fourth-quarter fiscal 2025 revenue of $1.69 billion, down from $2.00 billion a year earlier, and diluted earnings per share of $1.55, down from $2.52. For the full year, revenue was $6.24 billion and diluted EPS was $6.15, down 27%. The company also gave 2026 guidance, with full-year housing revenue of $5.10 billion to $6.10 billion, which shareholders can compare with the $6.24 billion total revenue reported for fiscal 2025.
Q4 net income was $101.5 million, compared to $190.6 million; adjusted diluted EPS was $1.92, excluding inventory-related charges, accelerated equity-based compensation and a loss on debt extinguishment.
Net orders fell 10% to 2,414 homes and the ending backlog was 3,128 homes, compared to 4,434.
Housing gross profit margin was 17.0%, compared to 20.9%, reflecting price reductions, higher relative land costs and geographic mix.
2026 first-quarter guidance calls for 2,300 to 2,500 deliveries and housing revenue of $1.05 billion to $1.15 billion.
CarMax reported third-quarter fiscal 2026 net earnings of $62.2 million, or $0.43 per diluted share, down from $125.4 million, or $0.81, a year earlier. Retail used unit sales fell 8.0%, and gross profit dropped 12.9% to $590.0 million. The company also named David McCreight interim president and CEO effective December 1, 2025, and expects to lower retail used unit margins in the fourth quarter.
Net earnings were $62.2 million versus $125.4 million; diluted EPS was $0.43 versus $0.81, including a $0.08 impact from restructuring charges.
Retail used unit sales fell 8.0% to 169,557; gross profit per retail used unit was $2,235, down $71 from last year's third quarter record.
David McCreight was named interim president and CEO and Tom Folliard interim executive chair, effective December 1, 2025; a permanent CEO search is underway.
For the fourth quarter, CarMax expects lower retail used unit margins and higher marketing spend year over year.
Enerpac Tool Group reported first-quarter fiscal 2026 results for the three months ended November 30, 2025. Net sales fell 1% to $144.2 million and net earnings declined to $19.1 million, or $0.36 per diluted share, from $21.7 million, or $0.40, a year earlier. The company kept its fiscal 2026 outlook unchanged, which matters to shareholders because it signals no change to the full-year guidance despite the lower first-quarter profit.
Net sales were $144.2 million, down from $145.2 million a year earlier; organic sales declined 2%.
Net earnings were $19.1 million, or $0.36 per diluted share, versus $21.7 million, or $0.40, in the prior-year period.
Adjusted EBITDA was $32.4 million, with a 22.4% margin, compared with $34.3 million a year earlier.
The company maintained its fiscal 2026 outlook, including net sales of $635 million to $655 million and adjusted EPS of $1.85 to $2.00.
MillerKnoll reported fiscal second-quarter 2026 results for the quarter ended November 29, 2025, with net sales down 1.6% year over year to $955.2 million and diluted EPS of $0.35, versus $0.49 a year earlier. Orders rose 5.5% to $972.5 million, and the company guided third-quarter net sales to $923 million to $963 million and adjusted diluted EPS to $0.42 to $0.48.
Net sales of $955.2 million, down 1.6% as reported and down 2.5% organically
Diluted EPS of $0.35 versus $0.49 a year earlier; adjusted diluted EPS of $0.43 versus $0.55
Orders of $972.5 million, up 5.5% year over year
Q3 fiscal 2026 outlook: net sales of $923 million to $963 million and adjusted diluted EPS of $0.42 to $0.48
General Mills reported fiscal 2026 second-quarter results for the quarter ended November 23, 2025, with net sales of $4.9 billion, down 7%, and diluted EPS of $0.78, down 45%. The company cited investments in its brands, the North American yogurt divestitures and an unfavorable trade expense timing comparison, and it reaffirmed its full-year fiscal 2026 targets, which call for adjusted operating profit and adjusted diluted EPS both to be down 10 to 15% in constant currency. For shareholders, the quarter shows a sharp drop in sales and profit, but the full-year targets were held rather than cut.
Second-quarter net sales were $4.9 billion, down 7%; organic net sales were down 1%.
Diluted EPS was $0.78, down 45%; adjusted diluted EPS was $1.10, down 21% in constant currency.
Operating profit was $728 million, down 32%, with restructuring, transformation, impairment and other exit costs of $122 million versus $1 million a year ago.
Full-year fiscal 2026 targets were reaffirmed, including adjusted operating profit and adjusted diluted EPS both expected down 10 to 15% in constant currency.
Lennar reported fourth-quarter 2025 net earnings of $490 million, or $1.93 per diluted share, down from $1.1 billion, or $4.06 per share, a year earlier. Revenue fell to $9.4 billion from $9.9 billion, even though home deliveries rose 4%, and the company gave first-quarter fiscal 2026 guidance with lower expected margins.
Q4 net earnings attributable to Lennar were $490 million, or $1.93 per diluted share, versus $1.1 billion, or $4.06 per share, in Q4 2024.
Excluding a $156 million one-time loss on the Millrose exchange offer and $123 million of technology investment gains, Q4 EPS was $2.03.
Total revenues were $9.4 billion versus $9.9 billion; deliveries rose 4% to 23,034 homes, but gross margin on home sales was 17.0% versus 22.1%.
Guidance for Q1 fiscal 2026 calls for 17,000 to 18,000 deliveries and a 15.0% to 16.0% gross margin; full-year deliveries are expected to be about 85,000 homes.
Campbell's reported first-quarter fiscal 2026 results for the quarter ended November 2, 2025. Net sales fell 3% to $2.7 billion and EBIT fell 8% to $336 million, while GAAP EPS fell 10% to $0.65 and adjusted EPS fell 13% to $0.77. The company reaffirmed its full-year fiscal 2026 guidance and agreed to acquire a 49% interest in La Regina, the maker of Rao's pasta sauces, for $286 million.
Net sales were $2.7 billion, down 3%; organic net sales fell 1%, mainly from lower volume and mix.
Adjusted EPS was $0.77 versus $0.89 a year earlier; GAAP EPS was $0.65 versus $0.72.
Full-year fiscal 2026 guidance was reaffirmed, including adjusted EPS of $2.40 to $2.55.
The La Regina deal totals $286 million, is expected to close in the second half of fiscal 2026, and is expected to be neutral to fiscal 2026 adjusted EPS guidance.
Brown-Forman reported fiscal second-quarter net sales down 5% to $1.0 billion and diluted EPS down 14% to $0.47, with operating income down 10% to $305 million. For the first half, net sales fell 4% to $2.0 billion and diluted EPS fell 13% to $0.83, and the company reaffirmed its fiscal 2026 outlook for low-single-digit organic declines in net sales and operating income.
Q2 reported net sales fell 5% to $1.0 billion (-2% organic); operating income fell 10% to $305 million.
First-half diluted EPS fell 13% to $0.83; operating income fell 9% to $565 million.
Fiscal 2026 outlook reaffirmed: organic net sales and organic operating income each expected to decline in the low-single-digit range.
Board raised the quarterly dividend 2% to $0.2310 per share; $301 million remained under the $400 million buyback as of October 31, 2025.
CubeSmart furnished a December 2025 investor presentation that restates its 2025 year-to-date results and full-year outlook. Same-store revenue fell 0.6% and same-store net operating income fell 1.1% through September 30, 2025, and the full-year outlook projects same-store NOI declines of 0.75% to 1.75%. The filing includes no new earnings release, and the outlook was last updated on October 30, 2025.
Year-to-date through September 30, 2025: same-store revenue down 0.6%, same-store expenses up 0.7%, same-store NOI down 1.1%
Full-year 2025 outlook: same-store NOI growth of (1.75%) to (0.75%); FFO, as adjusted, of $2.56 to $2.60 per share, last updated October 30, 2025
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, 2025
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.