Retail & Consumer · Week of Nov 2, 2026
Retailers and consumer brands trim outlooks: the week in Q3 results
Third-quarter reports dominated, with Perrigo, Under Armour, Hamilton Beach and others trimming outlooks while Havertys raised margin guidance.
Earnings filled the week. Six of the eight releases were quarterly results, and several came with revised guidance. Perrigo lowered its Core adjusted EPS outlook and cited more measured retailer inventory positioning and softness in Europe. Under Armour cut its expected fiscal 2027 gross margin improvement. Hamilton Beach Brands now expects flat 2026 revenue and a high-teens operating profit decline. Reynolds Consumer Products held its guidance, and Purple Innovation kept its revenue range. Havertys was the one company to raise guidance, lifting its 2026 gross profit margin range.
Portfolio changes also appeared. Perrigo agreed to sell its Infant Formula business for up to $175 million, and Reynolds completed its $110 million acquisition of Owl's Head Alloys. Outside earnings, National Vision's America's Best opened a flagship store in Alpharetta, Georgia. AbbVie's Allergan Aesthetics presented study data on aesthetic treatment in patients taking GLP-1 medications.
Perrigo Company plc
Perrigo Reports Third Quarter 2026 Financial Results From Continuing Operations
Perrigo says third-quarter All In net sales fell 5.2% to $989 million, with a reported diluted loss per share of $(0.10), and it cut fiscal 2026 Core adjusted EPS guidance to $2.15 to $2.35 from $2.25 to $2.55. After quarter-end it agreed to divest its Infant Formula business for up to $175 million, including $40 million upfront.
AbbVie
Allergan Aesthetics Reports Improved Satisfaction With Facial Appearance Following Aesthetic Treatment in Two Studies of Patients on GLP-1 Medications
Allergan Aesthetics, an AbbVie company, reported results from two Phase 4 studies, HARMONY IN DIVERSITY and HALO, in adults on GLP-1 medications, citing mean FACE-Q satisfaction improvements of 42.4 and 39.6 points. The company says most treatment-related adverse events were mild and nonserious; the data were presented at the 2026 ASDS Annual Meeting in San Diego.
Reynolds Consumer Products Inc.
Reynolds Consumer Products Reports
Reynolds Consumer Products reported third-quarter net revenues of $944 million, up from $931 million, while net income fell to $58 million from $79 million. It reiterated full-year guidance, declared a $0.23 quarterly dividend and completed the $110 million acquisition of Owl's Head Alloys after quarter end.
Under Armour, Inc.
UNDER ARMOUR REPORTS SECOND QUARTER FISCAL 2027 RESULTS
Under Armour says second-quarter fiscal 2027 revenue fell 7 percent to $1.2 billion, with a net loss of $0.4 million. It now expects fiscal 2027 gross margin to rise 170 to 220 basis points, down from 220 to 270, while keeping adjusted operating income guidance at $140 million to $160 million.
Purple Innovation, LLC
Purple Innovation Reports Third Quarter 2026 Results
Purple Innovation reported third-quarter net revenue of $96.5 million, down 18.7%, which it attributes primarily to lower wholesale revenue, and a GAAP net loss of $1.4 million. The company maintained 2026 revenue guidance of $420 million to $440 million and plans a product refresh in early 2027.
Haverty Furniture Companies, Inc.
Havertys Furniture Reports Operating Results for Third Quarter 2026
Havertys reported third-quarter diluted EPS of $0.39 versus $0.28, on sales up 4.5% to $203.2 million and comparable store sales up 4.1%. It raised its 2026 gross profit margin guidance to 61.3% to 61.5% and plans five store openings in the fourth quarter.
Hamilton Beach Brands Holding Company
HAMILTON BEACH BRANDS HOLDING COMPANY ANNOUNCES THIRD QUARTER RESULTS
Hamilton Beach Brands reported third-quarter revenue up 5.6% to $140.3 million and diluted EPS of $0.26 versus $0.12. It now expects 2026 revenue to be flat and operating profit to decline high teens, compared with prior guidance of mid-single-digit revenue growth and a high-single-digit profit decline.
National Vision, Inc.
America's Best Opens Flagship Store Built Around One Connected Experience
National Vision's America's Best opened a flagship store in Alpharetta, Georgia, with a pretest area, a Lens Education Center and an open layout in place of a front check-in counter. The company says the design will set the standard for how the brand serves customers at its stores.
This roundup is written with AI assistance from the press releases listed above, using only what they state. The releases are the companies' own announcements, not Peek Review reporting.