Operating earnings reached $21.2 million, compared with an operating loss of $60.2 million. Net earnings were $20.9 million, or $0.35 per diluted share, versus a net loss of $45.1 million, or $(0.80) per share, in the prior year quarter.
Net income reached $100.7 million, an increase of $9.7 million from $91.0 million in fiscal 2025. Chairman and CEO Marc Stefanski said the year passed the $100 million mark, driven by margin improvement and a 39% rise in mortgage loan originations.
Diluted EPS grew 29.7% year over year, outpacing the 14.3% rise in net income on a calculated basis. The gap reflects a smaller share count, with weighted diluted shares at 41.1 million versus 46.5 million.
Gross merchandise value was $641.5 million, versus $519.8 million, about 23.4% higher on a calculated basis. Orders rose 15% to 1.02 million, and average order value climbed 8% to $629 from $584. Active buyers reached 1.152 million, up from 1.024 million.
Revenue came in at $1.56 billion, up 20% reported and 16% organic year over year. CEO Khozema Shipchandler called it a great quarter driven by disciplined execution and broad-based strength across the product portfolio.
Gross profit rose to $12.5 million from $3.4 million, lifting gross margin by 730 basis points to 9.8%. REPREVE FiberRevenuewas $36.4 million, or 29% of net sales.
Income from operations was $32.8 million, compared with an operating loss of $117.4 million. The prior year quarter included $124.4 million of non-cashImpairmentcharges.
A year earlier the company earned $80 million, or $0.11 per share, on net sales of $1.7 billion. Net earnings before special items were $40 million in the third quarter of 2025, so the like-for-like comparison favors this year, and there were no special …
Revenue rose 41% to $13.27 billion from $9.39 billion a year earlier, while totalVolumeslipped 6% to 4,038 million gallons and gallon equivalents from 4,283 million. Higher fuel prices, not extra volume, therefore drove the top line.
Five companies tied to packaging, office products and services released third quarter 2026 results on October 29, 2026. AptarGroup (NYSE:ATR) posted sales of $1.02 billion, up 6%, with reported EPS of $0.51 and adjusted EPS of $1.52. ACCO Brands (NYSE:ACCO) reported net sales of …