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Jabil’s (NYSE:JBL) Q1 CY2026: Strong Sales
Electronics manufacturing services provider Jabil (NYSE:JBL) reported revenue ahead of Wall Street’s expectations in Q1 CY2026, with sales up 23.1% year on year to $8.28 billion. On top of that, next quarter’s revenue guidance ($8.5 billion at the midpoint) was surprisingly good and 6% above what analysts were expecting. Its non-GAAP profit of $2.69 per share was 7.2% above analysts’ consensus estimates.
General Mills’s (NYSE:GIS) Q1 CY2026 Earnings Results: Revenue In Line With Expectations
Packaged foods company General Mills (NYSE:GIS) met Wall Street’s revenue expectations in Q1 CY2026, but sales fell by 8.4% year on year to $4.44 billion. Its non-GAAP profit of $0.64 per share was 12.1% below analysts’ consensus estimates.
1 Cash-Producing Stock to Target This Week and 2 We Turn Down
A company that generates cash isn’t automatically a winner. Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand.