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).
Winnebago Industries reported first quarter fiscal 2026 net revenues of $702.7 million, up 12.3% from $625.6 million a year earlier, and net income of $5.5 million, or $0.19 per diluted share, compared with a net loss of $5.2 million a year earlier. The company raised its fiscal 2026 consolidated net revenue range and its reported and adjusted earnings per share guidance ranges, which sets a higher outlook for shareholders for the year.
Net revenues rose 12.3% to $702.7 million; gross profit margin was 12.7% versus 12.3% a year earlier.
Adjusted EBITDA was $30.2 million, up 109.7% from $14.4 million.
Fiscal 2026 reported EPS guidance is now $1.40 to $2.10, up from $1.25 to $1.95; adjusted EPS guidance is $2.10 to $2.80, up from $2.00 to $2.70.
Management expects second quarter fiscal 2026 results to be stronger than a year earlier but seasonally lower than the first quarter; quarterly dividend of $0.35 per share is payable January 28, 2026.
Pfizer lowered its full-year 2025 revenue guidance to approximately $62.0 billion from $61.0 to $64.0 billion, while reaffirming its 2025 adjusted diluted EPS guidance of $3.00 to $3.15. The company also issued 2026 guidance calling for revenue of $59.5 to $62.5 billion and adjusted diluted EPS of $2.80 to $3.00, below the 2025 EPS range, citing a higher expected tax rate and about $1.5 billion of revenue loss from loss of exclusivity.
2025 revenue guidance revised to approximately $62.0 billion from $61.0 to $64.0 billion; 2025 adjusted diluted EPS guidance of $3.00 to $3.15 reaffirmed
2026 adjusted diluted EPS guidance of $2.80 to $3.00, with an effective tax rate of approximately 15% versus approximately 11% in 2025
2026 revenue guidance of $59.5 to $62.5 billion includes about $1.5 billion lower COVID-19 product revenue and about $1.5 billion negative impact from loss of exclusivity
2026 adjusted SI&A and R&D expenses combined expected at $23.0 to $25.0 billion; guidance assumes no share repurchases in 2025 or 2026
Cracker Barrel reported a first-quarter fiscal 2026 GAAP net loss of $24.6 million, or $1.10 per diluted share, compared with net income of $4.8 million, or $0.22 per share, a year earlier. The company cut its fiscal 2026 adjusted EBITDA outlook to $70 million to $110 million from $150 million to $190 million, and lowered its revenue outlook, which signals weaker expected profit and sales for shareholders.
Total revenue fell 5.7% to $797.2 million; comparable store restaurant sales decreased 4.7% and comparable store retail sales decreased 8.5%.
Adjusted loss per diluted share was $0.74, versus adjusted earnings of $0.45 a year earlier; adjusted EBITDA was $7.2 million, compared with $45.8 million.
Fiscal 2026 revenue outlook was lowered to $3.2 billion to $3.3 billion from $3.35 billion to $3.45 billion.
The quarterly dividend was declared at $0.25 per share, payable February 11, 2026, to holders of record as of January 16, 2026.
Academy Sports and Outdoors reported third-quarter fiscal 2025 net sales of $1.38 billion, up 3.0%, with comparable sales down 0.9% and diluted GAAP earnings per share of $1.05, up 14.1%. The company narrowed its full-year guidance: the sales range is now -2.0% to flat (previously -3.0% to +1.0%), and GAAP EPS is now $5.35 to $5.85 (previously $5.30 to $6.00), so the top of both ranges came down while the bottom of the sales and gross margin ranges moved up.
Q3 net sales $1.38 billion, up 3.0%; comparable sales down 0.9%
Q3 diluted GAAP EPS $1.05 vs. $0.92 a year earlier; year-to-date diluted EPS $3.57, down 7.5%
Fiscal 2025 sales guidance narrowed to -2.0% to flat; GAAP EPS guidance $5.35 to $5.85
Gross margin guidance low end raised to 34.3% from 34.0%; quarterly dividend of $0.13 declared December 4, 2025
Ollie's reported third-quarter fiscal 2025 net sales of $613.6 million, up 18.6%, and net income of $46.2 million, or $0.75 per diluted share, versus $0.58 a year earlier. The company raised its full-year fiscal 2025 net sales and adjusted earnings per share outlook, which gives shareholders a higher expected range for the year.
Q3 net sales rose 18.6% to $613.6 million; comparable store sales rose 3.3%
Diluted EPS was $0.75 versus $0.58; adjusted EPS rose 29.3% to $0.75
Fiscal 2025 net sales outlook raised to $2.648 billion to $2.655 billion from $2.631 billion to $2.644 billion
Fiscal 2025 adjusted EPS outlook raised to $3.81 to $3.87 from $3.76 to $3.84; gross margin decreased 10 basis points to 41.3% on tariff costs
On December 8, 2025, PepsiCo announced commercial and financial priorities and a preliminary 2026 outlook, following constructive engagement with shareholder Elliott Investment Management. The company expects organic revenue to grow 2% to 4% and core EPS to rise about 5% to 7% in fiscal 2026, after affirming a 2025 outlook that implies a 0.5% core EPS decline. The plan also sets capital spending below 5% of net revenue and free cash flow conversion of at least 80% in 2026.
Core EPS expected to increase about 5% to 7% in fiscal 2026, or about 7% to 9% excluding the impact of global minimum tax regulations.
Organic revenue expected to increase 2% to 4% in 2026; the 2025 outlook implies a 0.5% core EPS decline from 2024 core EPS of $8.16.
Free cash flow conversion expected to be at least 80% in 2026, including a final tax payment of nearly $1 billion, and at least 90% in fiscal 2027.
CEO Ramon Laguarta will hold a discussion on December 9, 2025 at 7:30 a.m. EST; fourth-quarter and full-year 2025 results are scheduled for February 3, 2026.
At its December 8, 2025 investor conference, NextEra Energy said it expects 2025 adjusted earnings per share at the high end of its range, at $3.62 to $3.70, and raised its 2026 adjusted EPS range to $3.92 to $4.02. The company also expects adjusted EPS growth of at least 8% annually through 2032 and is targeting at least 8% growth through 2035, which gives shareholders a longer outlook for earnings and dividends.
2025 adjusted EPS expected between $3.62 and $3.70, tightened to the high end of the prior range
2026 adjusted EPS expected between $3.92 and $4.02, an increased range
Adjusted EPS growth of at least 8% annually through 2032, with a longer-term target of at least 8% through 2035
Dividends per share growth expected at about 10% annually through 2026 and about 6% annually for 2027 and 2028; declarations remain at board discretion
Victoria's Secret & Co. reported third-quarter 2025 net sales of $1.472 billion, up 9% from a year earlier and above its previous guidance range of $1.390 billion to $1.420 billion, and raised its full-year 2025 outlook. The company still reported a GAAP net loss of $37 million, or $0.46 per diluted share, for the quarter, though this was smaller than the $56 million loss, or $0.71 per share, a year earlier. The higher full-year forecast for net sales and adjusted earnings per share is a positive sign for shareholders, but reported GAAP results for the quarter remained negative.
Third-quarter net sales of $1.472 billion rose 9%, with comparable sales up 8%.
Adjusted net loss was $22 million, or $0.27 per diluted share, better than the guidance range of $0.55 to $0.75 per share loss.
Full-year 2025 net sales guidance raised to $6.450 billion to $6.480 billion from $6.330 billion to $6.410 billion.
Full-year 2025 adjusted earnings per diluted share guidance raised to $2.40 to $2.65 from $1.80 to $2.20.
Dollar General reported third-quarter fiscal 2025 net sales of $10.6 billion, up 4.6%, and diluted earnings per share of $1.28, up 43.8% from $0.89 a year earlier. It raised its full-year fiscal 2025 guidance, including diluted EPS of $6.30 to $6.50, up from $5.80 to $6.30, which is favorable for shareholders.
Q3 net income rose to $282.7 million from $196.5 million; operating profit rose 31.5% to $425.9 million.
Same-store sales increased 2.5%; gross profit rate rose to 29.9% from 28.8% of net sales.
Fiscal 2025 diluted EPS guidance raised to $6.30 to $6.50; net sales growth guidance raised to 4.7% to 4.9%.
Quarterly cash dividend of $0.59 per share declared December 2, 2025, payable on or before January 20, 2026.
Philip Morris International said CEO Jacek Olczak would present at the Morgan Stanley Global Consumer & Retail Conference on December 2, 2025, with a live webcast. In the accompanying press release, the company reaffirmed its 2025 full-year reported diluted EPS forecast of $7.39 to $7.49, issued October 21, 2025, and said its assumptions are unchanged.
Reported diluted EPS forecast reaffirmed at $7.39 to $7.49 for 2025.
Adjusted diluted EPS forecast of $7.46 to $7.56, a projected 13.5% to 15.1% increase over $6.57 in 2024.
Total 2025 adjustments of $0.07 per share; webcast begins at approximately 10:15 a.m. ET on December 2, 2025.
Strategy lowered its fiscal 2025 earnings guidance because the ranges now assume a year-end bitcoin price of $85,000 to $110,000, down from the $150,000 assumed in its October 30, 2025 guidance. The company also established a $1.44 billion USD Reserve, funded with proceeds from at-the-market sales of its class A common stock, to cover dividends and interest, and appointed Thomas C. Chow as General Counsel.
FY2025 net income guidance is now $(5.5) billion to $6.3 billion; the company's presentation shows the prior target at $24 billion.
FY2025 diluted EPS guidance is now $(17) to $19 per share, versus $80 per share previously; operating income guidance is $(7.0) billion to $9.5 billion, versus $34 billion previously.
The USD Reserve of $1.44 billion currently covers 21 months of dividends; the company's minimum target is 12 months and its goal is 24 months or more.
Thomas C. Chow was appointed Executive Vice President and General Counsel effective immediately on December 1, 2025, succeeding Wei-Ming Shao, who retired.
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.