570 material Form 8-K filings that 472 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).
Douglas Emmett's board appointed Chief Operating Officer Kenneth M. Panzer as President effective December 4, 2025, and he will serve as President and Chief Operating Officer. Chairman and CEO Jordan L. Kaplan stops serving as President but keeps his Chairman and CEO roles, with his compensation unchanged, per the filing.
Kenneth M. Panzer appointed President effective December 4, 2025, while remaining Chief Operating Officer
Jordan L. Kaplan ceases to serve as President; he continues as Chairman and Chief Executive Officer
No changes to Panzer's compensation arrangements in connection with the appointment, per the April 18, 2025 proxy statement
Filing does not report any financial results or guidance
Teleflex agreed on December 9, 2025 to sell its OEM business to Lotus US Bidco Inc., an affiliate of Montagu and Kohlberg, for $1.5 billion in cash, and its acute care and interventional urology segments to Intersurgical Limited for $530 million in cash. The company also authorized a share repurchase program of up to $1 billion, which it primarily plans to fund with the sale proceeds, while also intending to pay down debt. Closings are expected in the second half of 2026, subject to regulatory approvals and other conditions.
OEM business sale to Lotus US Bidco Inc. for $1.5 billion in cash, with a $90 million termination fee payable by the buyer under certain circumstances
Acute care and interventional urology segments sold to Intersurgical Limited for $530 million in cash
Board authorized a share repurchase program of up to $1 billion; the company is not required to repurchase shares
Both transactions expected to close in the second half of 2026; outside date September 1, 2026, with extensions possible
Toro completed its purchase of Tornado Infrastructure Equipment Ltd., a Calgary-based maker of vacuum trucks, on December 8, 2025, for CAD $1.92 per share, or $279 million (CAD) on a fully diluted equity basis. The company expects the deal to be neutral to adjusted earnings per share in the first year and increasingly accretive after that, and it will give Tornado's 2026 contribution guidance on its December 17, 2025 earnings call. Separately, the board raised the quarterly dividend to $0.39 per share and authorized up to 6 million more shares for repurchase.
Acquisition completed December 8, 2025, at CAD $1.92 per share, a total fully diluted equity value of $279 million (CAD), funded with cash on hand, revolver borrowings and other financial arrangements.
Tornado generated net sales of about $161 million (CAD) in the 12 months ended September 30, 2025; the company expects the deal to be neutral to adjusted EPS in year one.
Expected annual run-rate cost synergies of $3 million (USD) over three years.
Quarterly dividend raised to $0.39 per share from $0.38, payable January 12, 2026, to holders of record on December 22, 2025; total repurchase authorization now 10,391,790 shares.
World Kinect disclosed compensation terms for Michael Kroll, promoted to Senior Vice President and Chief Accounting Officer effective November 1, 2025, and amended its executive severance policy effective January 1, 2026. The changes set Kroll's pay and define severance benefits for designated executives, which matters to shareholders as a routine governance and compensation update with no financial results reported.
Kroll's salary raised to $390,000 per year on December 3, 2025, with a $50,000 performance-based RSU grant
2026 target bonus of 60% of base salary and a $150,000 long-term incentive opportunity
Amended Severance Policy effective January 1, 2026; Ira M. Birns, John Rau and Jose-Miguel (Mike) Tejada designated as participants
Hilltop Holdings and William B. Furr signed a Third Amendment to his Employment Agreement on December 8, 2025, effective August 30, 2025. The amendment extends the agreement, which had expired August 31, 2025, until August 31, 2028, and changes certain severance and restrictive covenant terms. The filing describes an administrative contract update with no dollar amounts disclosed.
Employment agreement extended from its August 31, 2025 expiration to August 31, 2028
Upon death or disability, Mr. Furr receives a pro rata portion of his target bonus
Non-competition provision removed in exchange for broader non-interference and non-solicit coverage
On December 5, 2025, Allegiant amended its revolving credit agreement with Barclays as administrative agent. The facility now allows borrowings of up to $150.0 million and its maturity is extended to December 2030, subject to earlier maturity in May 2027 based on the status of its Senior Secured Notes due 2027. The facility remains undrawn.
Facility allows borrowings of up to $150.0 million
Maturity extended to December 2030, with earlier maturity in May 2027 tied to Senior Secured Notes due 2027
Commitments: Barclays $100.0 million and Deutsche Bank AG New York Branch $50.0 million
Facility remains undrawn and keeps the same guarantees, collateral and covenants as the Senior Secured Notes
Lockheed Martin entered into a new $3.0 billion 364-day unsecured revolving credit agreement on December 5, 2025, which can be used for general corporate purposes, including supporting commercial paper borrowings. No borrowings were made at closing. The facility matures December 4, 2026, with an option to convert outstanding borrowings into a one-year term loan.
Facility size: $3.0 billion unsecured revolving credit, dated December 5, 2025, with Bank of America as administrative agent
Maturity: December 4, 2026, with an option to extend outstanding borrowings as term loans payable December 4, 2027
Pricing: Term SOFR margin of 0.585% to 1.085% based on credit ratings; facility fee of 0.04% on commitments
No borrowings were drawn at closing; the filing lists a $300 million judgment threshold as one default trigger
IQVIA Holdings entered into Amendment No. 5 to its Fifth Amended and Restated Credit Agreement on December 9, 2025. The amendment refinances existing term and revolving loans into new classes, removes the term SOFR credit spread adjustment on U.S. dollar term A and revolving loans to lower their interest rate, and releases the Swiss Subsidiary Borrower and the Japanese Borrower from their obligations under the agreement. The filing does not state dollar amounts, so the size of the financial effect is not disclosed.
Agreement amended on December 9, 2025, covering the Fifth Amended and Restated Credit Agreement
Term A-1, Term A-2 and Term A Euro loans, plus U.S., Japanese and Swiss/Multicurrency revolving commitments, refinanced into new classes
Term SOFR credit spread adjustment eliminated on U.S. dollar term A and revolving loans, lowering their interest rate
Swiss Subsidiary Borrower and Japanese Borrower released from all borrower obligations
Halozyme's Compensation Committee approved a one-time performance-based restricted stock unit grant to CEO Dr. Helen Torley on December 4, 2025, with a grant date fair value of $10 million. The shares vest only if the company's average share price reaches set levels over a four-year period and Torley remains employed through the fourth anniversary of the grant. The award ties a large part of her pay to sustained share price gains.
Grant approved December 4, 2025 under the 2021 Stock Plan; grant date fair value of $10 million
Vesting ranges from 50% to 200% of target, based on average share price hitting $115, $130, $145 or $170
Shares that become eligible must still vest through the fourth anniversary of the grant date; voluntary resignation or retirement before then forfeits performance-based vested shares
Full award agreement to be filed as an exhibit to the 10-K for fiscal year ending December 31, 2025
Qnity Electronics said Sang Ho Kang stopped serving as president of its Semiconductor Technologies segment effective December 9, 2025, following a mutual decision with the company. Chief Strategy and Commercial Officer Sam Ponzo is serving as interim president while the company searches for a permanent replacement. The filing also sets the deadlines for the company's first annual meeting of stockholders, which is scheduled for May 21, 2026.
Sang Ho Kang's role as president of the Semiconductor Technologies segment ended December 9, 2025.
Sam Ponzo, previously Chief Strategy and Commercial Officer, is Interim President while a permanent replacement is sought.
Kang may receive severance under the Senior Executive Severance Plan, subject to signing a release; the company says his departure was not related to its financial statements or internal controls.
Stockholder proposals for the 2026 annual meeting under Rule 14a-8 are due by December 19, 2025; director nominations are due between January 22 and February 21, 2026.
Ally Financial Inc. disclosed that director Marjorie Magner notified the Board on December 8, 2025 of her intention to retire, effective December 9, 2025. The filing states her decision was not due to any disagreement with Ally on its operations, policies, or practices.
Marjorie Magner notified the Board on December 8, 2025 of her retirement as a director.
Retirement is effective December 9, 2025.
Ally states there was no disagreement with the company on operations, policies, or practices.
Casey's reported second-quarter results for the period ended October 31, 2025, with diluted EPS of $5.53, up 14.0% from $4.85 a year earlier, and net income of $206.3 million. The company also raised its fiscal 2026 EBITDA outlook to a 15% to 17% increase, which matters to shareholders because it points to higher expected earnings for the full year.
Diluted EPS was $5.53 versus $4.85 a year earlier, up 14.0%; net income was $206.3 million.
EBITDA was $410.1 million, up 17.5%; inside same-store sales rose 3.3%.
Fiscal 2026 EBITDA is now expected to rise 15% to 17%, and inside same-store sales are expected to rise 3% to 4%.
The Board approved a quarterly dividend of $0.57 per share, payable February 13, 2026.
NewMarket Corporation (NEU) said director Bruce C. Gottwald notified the Board on December 9, 2025, that he is retiring effective immediately. The company stated the retirement is not due to any disagreement over its operations, policies or practices. The filing contains no replacement director and no financial figures.
Bruce C. Gottwald retires from the Board of Directors effective immediately
Notice given to the Board on December 9, 2025
Company states no disagreement with operations, policies or practices
Filing does not name a successor or report any financial impact
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.
Chevron U.S.A. Inc., a wholly owned subsidiary of Chevron, issued $154,204,000 of Floating Rate Notes due December 9, 2075, with Chevron Corporation fully and unconditionally guaranteeing the notes. The filing is a routine debt issuance under an existing 2020 indenture, and it adds a long-dated obligation that ranks structurally ahead of Chevron Corporation's own debt.
Principal amount: $154,204,000, maturing December 9, 2075
Interest floats at Compounded SOFR minus 45 bps, paid quarterly starting March 9, 2026
Underwriters: Morgan Stanley, J.P. Morgan, RBC Capital Markets and UBS Securities, under an agreement dated December 4, 2025
FTI Consulting appointed Ulrike Rabl as Chief Human Resources Officer, effective January 1, 2026, succeeding Holly Paul, who steps down as an executive officer on December 31, 2025 and moves to a senior advisory role. The filing also extends CEO Steven H. Gunby's employment agreement through June 6, 2029, which is relevant to shareholders as a continuity signal for top leadership.
Ulrike Rabl, 47, appointed Chief Human Resources Officer effective January 1, 2026; she most recently served as Deputy Chief Human Resources Officer
Holly Paul, who joined in 2014 as the first Chief Human Resources Officer, ceases executive officer role December 31, 2025 and becomes an as-needed advisor paid hourly through March 31, 2028
CEO Steven H. Gunby's amended employment agreement extends the term to June 6, 2029, with automatic one-year renewals unless either party gives notice
Disney's Board has nominated Jeff Williams, Apple's former Chief Operating Officer, for election as an independent director at the 2026 annual meeting of shareholders. If elected, the board would grow from 10 to 11 directors.
Nominee Jeff Williams retired as Apple's Chief Operating Officer earlier in 2025.
Board size would increase from 10 to 11 directors, effective with the election at the 2026 annual meeting.
Shareholders will vote on Williams' election and the re-election of the current 10 directors at the 2026 annual meeting.
La-Z-Boy's board elected William C. Boor as an independent director effective immediately, with his election dated December 8, 2025. Boor has been president and CEO of Cavco Industries since April 15, 2019, and he joins the Audit Committee, which puts an experienced public-company CEO in a financial oversight role.
Board elected William C. Boor on December 8, 2025; his term runs until the 2026 annual meeting of shareholders
Board size increases to 10 members with his election
Boor will serve on the Audit Committee and receive the standard non-employee director compensation
Board approved restricted stock unit grant with a grant date value of $96,165, effective January 15, 2026
On December 4, 2025, Simmons First's board, acting on its compensation committee's recommendation, decided that George Makris, Jr.'s unvested 2024 performance share units will vest after his retirement, subject to performance criteria, as if he had stayed employed through the full three-year performance period. The filing says there is no proration of the final award and no acceleration of payment. The change concerns executive pay for a departing officer, with no stated effect on company financial results.
Board action dated December 4, 2025, on the compensation committee's recommendation.
Covers unvested 2024 performance share units granted to George Makris, Jr. under the 2023 Stock and Incentive Plan.
Vesting remains subject to performance criteria over the three-year performance period; no proration and no acceleration of payment.
Filing dated December 9, 2025, signed by CFO C. Daniel Hobbs.
Universal Corporation entered into a new unsecured Credit Agreement on December 9, 2025, providing a $780 million revolving facility and term loans totaling $620 million, and used it to repay all outstanding debt under its existing credit agreement, which was terminated the same day. The filing gives no new borrowing terms beyond the facility sizes, pricing ranges, and covenants, and it does not say the new facility increases total debt.
New facilities: $275 million Term A-1 loan (five-year), $345 million Term A-2 loan (seven-year), and $780 million revolver (five-year)
Company may add up to $300 million of revolver increase or incremental term loans, subject to lender commitments
Covenants include a maximum total net leverage ratio of 3.00 to 1.00 and minimum consolidated tangible net worth of $1 billion
Existing Credit Agreement, dated December 15, 2022, was terminated December 9, 2025, with proceeds used to repay its outstanding debt
Old Dominion Freight Line director Debra S. King resigned from the Board effective immediately, citing time commitments tied to other professional obligations and not any disagreement with the company. The board then reduced its size to eleven directors on December 8, 2025. The filing describes a routine board change with no stated effect on operations or finances.
Debra S. King resigned from the Board on December 3, 2025, effective immediately.
The company cited time commitments from her other professional obligations, not a disagreement with the company.
On December 8, 2025, the Board reduced its size to eleven directors effective immediately.
AeroVironment reported fiscal second quarter 2026 results for the period ended November 1, 2025, with revenue up 151% to $472.5 million, helped by the BlueHalo acquisition. The company swung to a GAAP net loss of $17.1 million, or $0.34 per diluted share, largely due to $48.2 million of intangible amortization and other purchase accounting expenses, and it issued fiscal 2026 full-year guidance that includes a net loss forecast of $38 million to $30 million.
Q2 revenue was $472.5 million, up from $188.5 million a year earlier; BlueHalo contributed $245.1 million.
Net loss was $17.1 million, or $0.34 per diluted share, versus net income of $7.5 million, or $0.27 per share, a year earlier.
Non-GAAP adjusted EBITDA was $45.0 million, up from $25.9 million, while non-GAAP EPS was $0.44 versus $0.47.
Fiscal 2026 guidance: revenue of $1.95 billion to $2.0 billion, adjusted EBITDA of $300 million to $320 million, and non-GAAP EPS of $3.40 to $3.55.
Allegion plc entered into a First Amendment to its credit agreement on December 9, 2025, increasing its revolving credit facility from $750.0 million to $1.0 billion and extending the maturity from May 20, 2029 to May 20, 2030. The company borrowed $197.2 million under the revolver to repay a term loan that had a November 16, 2026 maturity, and the filing states total debt outstanding did not change.
Revolving commitments rise from $750.0 million to $1.0 billion, with an option to request up to an additional $500.0 million, subject to conditions
Revolving Facility maturity extended from May 20, 2029 to May 20, 2030
$197.2 million borrowed under the revolver to repay the term loan due November 16, 2026; the filing states total debt was unchanged
GameStop reported third quarter results for the period ended November 1, 2025, with net sales down from the prior-year quarter but operating and net income higher. Net income rose to $77.1 million from $17.4 million, while net sales fell to $821.0 million from $860.3 million. Cash, cash equivalents and marketable securities reached $8.8 billion, and the filing does not include updated guidance.
Net sales were $821.0 million, compared with $860.3 million a year earlier.
Operating income was $41.3 million, compared with an operating loss of $33.4 million a year earlier.
Net income was $77.1 million, compared with $17.4 million; adjusted net income was $139.3 million, compared with $26.2 million.
Cash, cash equivalents and marketable securities were $8.8 billion at quarter end, compared with $4.6 billion a year earlier.
At its December 5, 2025 annual meeting, Espey stockholders elected Nancy Patzwahl as a Class B director for a three-year term and ratified Withum as auditor for the fiscal year ending June 30, 2026. On December 8, the company declared a regular $0.25 quarterly dividend and named Patzwahl Audit Committee chair, succeeding Paul Corr, who remains a board member.
Nancy Patzwahl elected Class B director: 1,566,288 votes for and 25,831 withheld, with a term running to the 2028 annual meeting
Withum ratified as independent auditor for the fiscal year ending June 30, 2026: 2,108,397 votes for and 17,505 against
Advisory say-on-pay vote: 1,064,634 for and 472,064 against; the board later set the vote frequency at every three years
Quarterly dividend of $0.25 per share payable December 26, 2025 to shareholders of record on December 19, 2025
Bruker Corporation's board increased its size by one seat to eleven directors and appointed Jack J. Phillips to fill the new seat, effective January 1, 2026. Phillips, a former Accelerate Diagnostics and Roche Diagnostics North America executive, will serve until the 2027 annual meeting, and the company says his diagnostics experience will support its infectious disease and specialty diagnostics efforts.
Board expanded to eleven directors; Phillips assigned to Class III and will serve until the 2027 Annual Meeting of Stockholders.
Phillips was President and CEO of Accelerate Diagnostics from 2020 to 2025 and President and CEO of Roche Diagnostics North America from 2010 to 2020.
Phillips' director compensation will match that of other non-employee directors, as described in the April 11, 2025 proxy statement.
Bruker will file an amended Form 8-K later to disclose his committee assignments.
XBiotech's President and CEO John Simard is retiring effective December 8, 2025, and will remain Chairman of the Board. Chief Scientific Officer Sushma Shivaswamy has been named interim CEO while keeping her scientific role, with her base salary raised to $750,000; a permanent CEO has not yet been appointed.
John Simard retires as President and CEO effective December 8, 2025, and stays on as Chairman of the Board
Sushma Shivaswamy, 47, named interim CEO effective December 8, 2025, while continuing as Chief Scientific Officer
Shivaswamy's annual base salary increased to $750,000; bonus and full remuneration package to be set by the Compensation Committee later
Simard will serve in a consulting role; the company intends to pay the Severance Amount under his employment agreement
T-Mobile appointed Jonathan A. Freier, previously President of its Consumer Group, as Chief Operating Officer effective December 5, 2025. His letter agreement sets a $1,000,000 base salary from 2026 and an annual long-term incentive target of no less than $9,000,000, and it adds severance and retirement terms, which matter to shareholders because they define the pay for the company's operating leader.
Jonathan A. Freier appointed COO effective December 5, 2025; he had served as President, Consumer Group since September 2021
Letter agreement dated December 8, 2025: base salary $1,000,000 and annual LTI target value of no less than $9,000,000 starting in 2026
Severance on termination without cause or for good reason includes a lump sum equal to two times base salary plus target short-term incentive
Mark W. Nelson, Chief Legal Officer and General Counsel, will join a retirement program effective January 1, 2026
STAAR Surgical entered Amendment No. 2 to its merger agreement with Alcon Research, LLC and Rascasse Merger Sub, Inc. on December 9, 2025. The amendment raises the cash consideration for each STAAR common share to $30.75 from $28.00 if the merger is completed, and changes how certain equity awards and 280G tax gross-ups are handled.
Merger consideration increased to $30.75 per share in cash, without interest, from $28.00 per share
Amendment converts certain restricted stock units and performance-based awards into Alcon Inc. restricted stock units, with performance deemed earned at 100% of target
Amendment eliminates 280G gross-ups and related tax indemnification arrangements; director awards vest at closing
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
Under its Strategic Partnership Agreement with KKR Hawaii Aggregator L.P., KKR exercised an Extension Election on December 7, 2025. As a result, Henry Schein's board will renominate KKR's designees, Max Lin and William K. "Dan" Daniel, for election at the 2026 Annual Meeting, for terms expiring at the 2027 annual meeting. The filing reports no financial figures, and the change keeps KKR's board representation in place for another term.
KKR notified Henry Schein on December 7, 2025 of its election to exercise the Extension Election under Section 5.10(f) of the agreement dated January 29, 2025.
Board will renominate KKR designees Max Lin and William K. "Dan" Daniel for the 2026 Annual Meeting.
Proposed terms would expire at the company's 2027 annual meeting of stockholders.
Elanco's board authorized a workforce restructuring plan on December 5, 2025, which is expected to eliminate about 300 positions and cost about $175 million in pretax charges, mostly in 2025. The company reaffirmed its fourth-quarter and full-year 2025 revenue and adjusted earnings guidance, but said its reported net loss and loss per share will reflect the charges, and it outlined a three-year financial outlook at its December 9 Investor Day.
Plan covers about 300 eliminated positions and about 300 roles shifted to growth areas or lower-cost locations.
Expected pretax charges total about $175 million: about $130 million cash-based, mostly paid over the next 2 years, and about $45 million non-cash asset impairments.
Impairments relate to closing the Kansas City, Missouri implant facility and exiting part of the Monheim, Germany facility.
Expected savings of about $25 million in 2026 and about $60 million in 2027; full-year 2025 revenue and adjusted earnings guidance reaffirmed.
G-III reported third-quarter fiscal 2026 results for the period ended October 31, 2025, with net sales down 9% to $988.6 million and GAAP diluted EPS of $1.84, versus $2.55 a year earlier. The company raised its fiscal 2026 GAAP diluted EPS guidance to $2.72 to $2.82 from $2.53 to $2.73 and declared its first quarterly dividend of $0.10 per share. Shareholders get a higher profit outlook and a new cash dividend, but sales and profit both declined from the prior-year quarter.
Q3 GAAP diluted EPS was $1.84 versus $2.55 a year earlier; non-GAAP diluted EPS was $1.90 versus $2.59
Fiscal 2026 GAAP diluted EPS guidance raised to $2.72 to $2.82 from $2.53 to $2.73; net sales guidance cut to about $2.98 billion from $3.02 billion
Gross tariff impact now estimated at about $135 million, with $65 million remaining unmitigated and reflected in guidance
Initial quarterly dividend of $0.10 per share; record date December 15, 2025; payment date December 29, 2025
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.
The Bitwise 10 Crypto Index ETF completed its conversion from a trust quoted on OTCQX into an exchange-traded fund, with shares approved for listing on NYSE Arca and set to begin trading there on December 9, 2025. Shares will now be created and redeemed only through Authorized Participants, and the trust entered into several new service provider agreements as part of the conversion.
Shares approved by NYSE Arca on December 8, 2025; trading begins December 9, 2025
Shares withdrawn from quotation on OTCQX following the conversion
Shares may only be created and redeemed by Authorized Participants, as described in the prospectus dated December 8, 2025
New agreements include custody, marketing agent, transfer agency, fund administration and authorized participant agreements
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
Campbell's subsidiaries signed agreements on December 8, 2025 to acquire 49% stakes in La Regina, the company that currently produces all of Campbell's Rao's tomato-based pasta sauces. The total consideration is $286 million, with $146 million due in cash at closing and $140 million due on the first anniversary of closing, payable in cash or unregistered Campbell's shares at the company's discretion.
Total consideration is $286 million: $146 million in cash at closing and a $140 million second tranche due on the first anniversary of closing
Campbell's may pay the second tranche in cash or in unregistered shares, capped at 19.9% of outstanding capital stock
Remaining 51% stake is subject to call and put options, with the total equity consideration capped at $140 million
Deal is subject to customary closing conditions and has a long-stop outside date of June 8, 2026
AutoZone reported first-quarter fiscal 2026 results for the 12 weeks ended November 22, 2025, with net sales up 8.2% to $4.6 billion and total company same store sales up 4.7% in constant currency. Profit declined: operating profit fell 6.8% to $784.2 million and diluted EPS was $31.04 versus $32.52, as gross margin dropped 203 basis points largely due to a non-cash LIFO impact, and the filing gives no updated guidance.
Net sales were $4.6 billion, up 8.2% from the prior year; domestic same store sales rose 4.8% and total company same store sales rose 4.7% in constant currency.
Gross profit margin was 51.0%, down 203 basis points, driven by a 212 basis point non-cash LIFO impact; operating expenses were 34.0% of sales versus 33.3% last year.
Net income was $530.8 million versus $564.9 million, and the company repurchased $431.1 million of stock in the quarter, with $1.7 billion remaining under its authorization.
The company opened 53 net new stores globally in the quarter, bringing its total store count to 7,710.
Ferguson Enterprises reported results for the quarter ended October 31, 2025, with net sales of $8.2 billion, up 5.1%, and reported diluted earnings per share of $2.90, up 23.9%. It now expects calendar 2025 net sales growth of about 5%, compared with mid-single digit growth previously, and raised the low end of its adjusted operating margin range to 9.4%-9.6%. For shareholders, the filing shows higher sales and profit, along with a quarterly dividend of $0.89, up 7%.
Net sales of $8.2 billion, up 5.1%; reported diluted EPS of $2.90, up 23.9%; adjusted diluted EPS of $2.84, up 15.9%
Calendar 2025 guidance: net sales growth about 5% (prior: mid-single digit); adjusted operating margin 9.4%-9.6% (prior: 9.2%-9.6%)
US non-residential revenue rose 12% in the quarter, while US residential revenue fell 1%
Share repurchases of $208 million in the quarter; quarterly dividend of $0.89 payable February 27, 2026
Korn Ferry reported second quarter fiscal 2026 fee revenue of $721.7 million, up 7% from a year earlier, and diluted earnings per share of $1.36, up 19%. Net income attributable to Korn Ferry rose 19% to $72.4 million, and the company guided third quarter diluted EPS to $1.15 to $1.21, below the $1.36 reported in the quarter just ended.
Q2 fee revenue $721.7 million, up 7% year over year (6% at constant currency)
Net income attributable to Korn Ferry $72.4 million; diluted EPS $1.36 vs. $1.14; adjusted diluted EPS $1.33 vs. $1.21
Estimated remaining fees under existing contracts $1.842 billion at quarter end, up 20%
Q3 fiscal 2026 fee revenue expected between $680 million and $694 million; diluted EPS $1.15 to $1.21
Core & Main reported fiscal third-quarter net sales of $2,062 million, up 1.2%, and diluted earnings per share of $0.72, up 4.3%, while Adjusted EBITDA fell 1.1% to $274 million. The company reaffirmed its full-year fiscal 2025 outlook and its board raised the share repurchase authorization by $500 million to $1 billion, which could reduce the share count for existing shareholders.
Net sales rose 1.2% to $2,062 million; net income rose 2.1% to $143 million
Diluted EPS rose 4.3% to $0.72; Adjusted EBITDA fell 1.1% to $274 million
Full-year fiscal 2025 outlook reaffirmed, including net sales of $7,600 to $7,700 million
About $316 million of Class A shares repurchased as of December 8, 2025, leaving about $684 million available
Invesco agreed on December 8, 2025 to repurchase 500,000 of its 5.9% Series A Preference Shares from MassMutual at $1,180 per share, an 18% premium to the $1,000 liquidation preference, which the filing describes as a $500 million repurchase. The deal is expected to close around mid-December 2025, and MassMutual will keep $2.5 billion of preferred shares and its roughly 18.3% stake in Invesco's common shares.
Repurchase of 500,000 preferred shares at $1,180 per share, described as $500 million in total
Price is an 18% premium to the $1,000 per share liquidation preference
Closing expected around the middle of December 2025, five business days after the agreement date
MassMutual will receive a prorated fourth-quarter 2025 dividend, payable March 2, 2026
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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.