Revolve Group and Terex Post Strong Q2 2026 Earnings Amid Sales Gains
Revolve Group reported a 12% increase in net sales to $347.4 million for the quarter ended June 30, 2026, boosted by IEEPA tariff refunds that lifted gross margin to 56.6%. Active customers grew 11% year‑over‑year to 3.04 million. Co‑founders Mike Karanikolas and Michael Mente highlighted expansion of the REVOLVE label and a new beauty line with Cardi B.
Terex Corporation, the parent of REV Group, posted net sales of $2.2 billion, up 50.5% from the prior year, and net income of $110 million. Specialty vehicle sales rose, driven by fire‑truck and ambulance orders, including an eight‑truck, 40‑ambulance purchase by the city of Chicago. CEO Simon Meester cited synergies from the recent REV Group merger.
Mvb Financial beat analysts’ expectations, delivering $0.93 earnings per share versus the $0.34 consensus and revenue of $50.73 million. Analysts raised price targets, with Keefe, Bruyette & Woods setting a new $34 objective.
Plaza Retail REIT held its Q2 2026 earnings call, with CEO Jim Drake and CFO presenting results and outlining forward‑looking statements about future performance.
Entities: Cardi B · Chicago · IEEPA · Michael Mente · Mike Karanikolas · Mvb Financial · Plaza Retail REIT · Revolve Group · Terex Corporation