BLOG / 🇺🇸 United States / index intelligence · · daily

S&P 500 Consumer Discretionary Sector SEC Filings — July 29, 2026

USA S&P 500 Consumer Discretionary

By Gunpowder Editorial ·

10 high priority 7 medium priority 17 total filings analysed

Executive Summary

The 17 filings for the S&P 500 Consumer Discretionary sector reveal a sector bifurcating between companies executing well in a challenging environment and those facing significant headwinds. A clear theme is margin compression, with 4 out of 5 major operators (Chipotle, MGM, O'Reilly, Carvana) reporting contracting margins despite revenue growth, driven by rising labor, food, and marketing costs.

However, top-line growth remains robust for select names, with Carvana (+52% YoY revenue) and Chipotle (+18.2% YoY) leading. The automotive sub-sector is flashing major warning signs: Ford reported a Q2 net loss and a 43% drop in H1 operating cash flow, while a coordinated insider selling wave at General Motors saw the CEO and President sell over $16M in stock. In contrast, Starbucks showed a strong earnings recovery (+86% GAAP EPS) driven by its China divestiture and raised full-year guidance. Capital allocation is a key differentiator, with O'Reilly aggressively buying back $2.43B in H1 2026, while MGM and Starbucks are using proceeds for debt reduction. The most critical development is the divergence in the auto sector, where Ford's deteriorating cash position and GM's insider selling suggest deep structural challenges ahead.

Materiality, sentiment, and priority are scored by Gunpowder’s analysis pipeline. How we score filings →

Filing types in this digest: 10-Q · Schedule 13G · 8-K · Form 4

Tracking the trend? Catch up on the prior S&P 500 Consumer Discretionary Sector SEC Filings digest from July 27, 2026.

Investment Signals (10)

  • Carvana ↓
    ▲

    Revenue surged 52% YoY to $7.4B, with retail units up 38% YoY, maintaining 10 consecutive quarters as the fastest-growing auto retailer. However, GAAP total GPU declined $412 YoY and adjusted EBITDA margin contracted from 12.4% to 10.4%. The company guided FY2026 adjusted EBITDA of $2.7-3.0B, up from $2.24B in 2025. [BULLISH/BEARISH]

  • Chipotle Mexican Grill ↓ (MIXED)
    ▲

    Revenue grew 18.2% YoY to $2.97B and diluted EPS rose 27.3% to $0.56, but restaurant-level margin contracted 110 bps to 25.1% and comparable sales growth decelerated to 11.1% from 14.3% in the prior quarter. Guidance for mid-to-high single-digit comps signals further slowdown.

  • Starbucks ↓ (BULLISH)
    ▲

    GAAP EPS surged 86% YoY to $0.91, driven by a $536.3M gain from its China divestiture. Global comparable store sales grew 7.9% (4.2% transaction, 3.5% ticket). The company raised full-year guidance and used China sale proceeds to repurchase $1.3B in debt.

  • O'Reilly Automotive ↓ (BULLISH)
    ▲

    Record Q2 revenue of $4.89B (+8% YoY) and diluted EPS of $0.86 (+10% YoY), with 6.0% comparable store sales growth. The company raised full-year comp guidance to 4%-6% and aggressively repurchased $2.43B in shares during H1 2026.

  • MGM Resorts ↓ (BEARISH)
    ▲

    Consolidated net revenues grew 10% YoY to $4.3B, driven by Las Vegas Strip (+12%) and regional operations (+8%). However, adjusted property EBITDAR margin contracted 110 bps to 37.2% and the company reported a net loss of $0.02 per share due to a $0.5B Macau impairment.

  • Ford Motor Co ↓ (BEARISH)
    ▲

    Q2 2026 net loss of $1.327B vs. a loss of $36M in Q2 2025. H1 2026 operating cash flow collapsed 43% to $5.7B from $10.0B in H1 2025. Cash and cash equivalents fell 20.5% to $18.6B from $23.4B at year-end 2025.

  • General Motors ↓ (BEARISH)
    ▲

    A coordinated insider selling wave saw Chair & CEO Mary Barra sell $9.8M, President Mark Reuss sell $6.39M, and two other executives sell a combined $1.4M—all under Rule 10b5-1 plans. This represents over $17.6M in insider sales from top leadership in a single filing batch.

  • Ford Motor Credit Co ↓ (MIXED)
    ▲

    Net income for H1 2026 more than doubled to $1.75B from $967M in the prior year, driven by a 10% increase in operating cash flow. However, total assets declined 6.8% to $158.5B and cash and cash equivalents fell 9.1% to $8.4B.

  • Booking Holdings ↓
    ▲

    Director Vanessa Wittman sold 1,125 shares at $192.00 (~$216K) under a Rule 10b5-1 plan. The sale is small relative to her holdings (16,508 shares remaining) but occurs as the travel sector faces demand uncertainty. [NEUTRAL/BEARISH]

  • BlackRock's Passive Stakes (NEUTRAL)
    ▲

    BlackRock filed amended 13G filings for both Carvana (6.3% stake, 44.9M shares) and Ross Stores (8.0% stake, 25.7M shares), confirming passive investment strategies. No active pressure for change, but the large positions provide a floor for stock prices.

Risk Flags (8)

  • Ford Motor Co / Cash Burn↓ [HIGH RISK]
    ▼

    Cash and cash equivalents fell 20.5% to $18.6B from $23.4B at year-end 2025, while operating cash flow declined 43% to $5.7B in H1 2026. Capital spending increased 23% to $4.8B. This cash burn rate is unsustainable and may force asset sales or debt issuance.

  • General Motors / Insider Exodus↓ [HIGH RISK]
    ▼

    Four top executives (CEO, President, EVP, VP) sold a combined $17.6M+ in stock in a single filing batch. While under 10b5-1 plans, the coordinated timing and magnitude (President sold 77% of holdings) is a strong negative signal about management's view of near-term prospects.

  • MGM Resorts / Macau Impairment↓ [HIGH RISK]
    ▼

    Recorded a $0.5B impairment charge on Macau operations, with Macau EBITDAR turning negative ($-50M in Q2 2026 vs. +$30M in Q2 2025). This signals structural deterioration in a key growth market, with regulatory and competitive headwinds intensifying.

  • Chipotle / Margin Compression↓ [MEDIUM RISK]
    ▼

    Restaurant-level operating margin contracted 110 bps to 25.1% despite 18.2% revenue growth. Food costs rose 40 bps and labor costs rose 60 bps as a percentage of revenue. With guidance for mid-to-high single-digit comps, margins face further pressure.

  • Ford Motor Co / Net Loss↓ [HIGH RISK]
    ▼

    Q2 2026 net loss of $1.327B, widening dramatically from a $36M loss in Q2 2025. The company is losing money on its core automotive operations (excluding Ford Credit), with revenues declining 3.8% YoY.

  • Carvana / GPU Decline↓ [MEDIUM RISK]
    ▼

    GAAP total gross profit per unit declined $412 YoY to $7,014, driven by lower Other GPU due to rising benchmark rates. While sequential improvement was seen (Q1 to Q2), the YoY decline signals potential pricing pressure or cost inflation.

  • MGM Resorts / Margin Contraction↓ [MEDIUM RISK]
    ▼

    Adjusted property EBITDAR margin contracted 110 bps to 37.2% despite 10% revenue growth, driven by higher labor and marketing costs. Guidance below consensus suggests continued pressure in H2 2026.

  • Starbucks / Revenue Decline↓ [MEDIUM RISK]
    ▼

    Total net revenues declined 1.4% YoY to $9.3B, with company-operated store revenues falling 3.9% YoY. While the China divestiture explains part of the decline, the organic revenue trajectory is concerning. Restructuring charges surged to $302.6M from $20.8M.

Opportunities (7)

  • O'Reilly Automotive / Capital Return↓ (OPPORTUNITY)
    ◆

    Aggressive $2.43B in share repurchases during H1 2026 (nearly 50% of market cap at current run rate) signals extreme confidence. With record revenue (+8% YoY), stable gross margins (51.4%), and raised guidance, the stock offers a compelling total return story.

  • Starbucks / Earnings Recovery↓ (OPPORTUNITY)
    ◆

    GAAP EPS surged 86% YoY to $0.91, with global comparable store sales up 7.9%. The company raised full-year guidance and used China sale proceeds to reduce debt by $1.3B. The 65th consecutive quarterly dividend ($0.62/share, 17% CAGR) provides income stability.

  • Carvana / Profitability Inflection↓ (OPPORTUNITY)
    ◆

    Net income margin improved to 7.0% ($513M) with adjusted EBITDA of $769M (10.4% margin). Full-year 2026 adjusted EBITDA guidance of $2.7-3.0B implies 20-34% growth from 2025's $2.24B. Sequential GPU improvement (+$231 QoQ) suggests operational leverage is building.

  • MGM Resorts / Las Vegas Strength↓ (OPPORTUNITY)
    ◆

    Las Vegas Strip occupancy held at 94% with revenues up 12% YoY. The company has $2.5B cash for strategic investments or debt reduction. If Macau stabilizes, the core US business is performing well.

  • Chipotle / Unit Growth↓ (OPPORTUNITY)
    ◆

    Added 87 net new restaurants in Q2 (3,400 total), with Chipotlane expansion driving digital sales. The company has no debt and $1.2B cash, providing firepower for continued expansion and buybacks. Loyalty program engagement remains high.

  • Ford Motor Credit / Earnings Growth↓ (OPPORTUNITY)
    ◆

    Net income more than doubled to $1.75B in H1 2026, with operating cash flow up 10%. The finance arm is performing well even as the parent company struggles, potentially creating a hidden asset value.

  • Ross Stores / BlackRock Backing↓ (OPPORTUNITY)
    ◆

    BlackRock holds an 8.0% passive stake (25.7M shares), providing institutional support. As a discount retailer, Ross may benefit from consumer trade-down in a weakening economy.

Sector Themes (5)

  • Margin Compression Across Operators (BEARISH)
    ◆

    4 of 5 major operators (Chipotle -110 bps, MGM -110 bps, O'Reilly -20 bps, Carvana -200 bps adjusted EBITDA margin) reported margin contraction despite revenue growth. Labor and input cost inflation are pressuring profitability across the sector, suggesting pricing power is limited.

  • Auto Sector Distress (BEARISH)
    ◆

    Both Ford (net loss, 43% cash flow decline) and General Motors (coordinated insider selling of $17.6M+) are flashing major warning signs. Carvana's strong growth (+52% revenue) is the outlier, but its GPU decline suggests industry-wide pricing pressure. The sector faces a potential demand slowdown and rising costs.

  • Capital Allocation Divergence (MIXED)
    ◆

    Companies are taking very different approaches: O'Reilly is aggressively buying back shares ($2.43B in H1), Starbucks is using proceeds for debt reduction ($1.3B), MGM repurchased $262.5M, while Ford is burning cash. This divergence signals varying levels of management confidence.

  • Consumer Resilience in Select Verticals (BULLISH)
    ◆

    Despite macro concerns, Las Vegas Strip occupancy held at 94% (MGM), Chipotle comps grew 11.1%, and Starbucks global comps grew 7.9%. Premium and experience-oriented spending remains strong, even as discount retailers like Ross benefit from trade-down.

  • Passive Institutional Ownership Stability (NEUTRAL)
    ◆

    BlackRock's 13G filings for Carvana (6.3%) and Ross Stores (8.0%) confirm large passive stakes that provide a floor for stock prices. These positions are held for investment purposes, not activism, reducing near-term volatility risk.

Watch List (8)

  • Ford Motor Co / Earnings Call↓
    👁

    Watch for commentary on cash burn trajectory, EV investment plans, and whether the dividend is at risk. H2 2026 guidance will be critical. [Date: TBD]

  • General Motors / Insider Trading↓
    👁

    Monitor for additional insider sales, especially if the 10b5-1 plans are amended or new plans are adopted. The coordinated nature of the $17.6M+ sales warrants close attention. [Ongoing]

  • MGM Resorts / Macau Operations↓
    👁

    Watch for any signs of Macau EBITDAR improvement or further deterioration. The $0.5B impairment may not be the last if conditions worsen. Q3 2026 results will be key. [Date: Late October 2026]

  • Chipotle Mexican Grill / Comparable Sales↓
    👁

    With guidance for mid-to-high single-digit comps (down from Q2's 11.1%), watch monthly trends for further deceleration. Any miss on comps could trigger significant downside. [Ongoing]

  • Starbucks / China Divestiture Impact↓
    👁

    Monitor how the company reinvests the China sale proceeds and whether the $1.3B debt reduction improves the balance sheet sufficiently. Watch for further restructuring charges. [Ongoing]

  • Carvana / GPU Trajectory↓
    👁

    Watch whether sequential GPU improvement continues into Q3 2026. If GAAP GPU stabilizes or grows YoY, it would be a strong positive signal. Q3 results expected in late October. [Date: Late October 2026]

  • O'Reilly Automotive / Buyback Pace↓
    👁

    With $2.43B already repurchased in H1, watch for any slowdown in Q3. Continued aggressive buybacks would signal sustained confidence. [Ongoing]

  • BlackRock 13G Filings
    👁

    Monitor for any amendments to the Carvana (6.3%) or Ross Stores (8.0%) stakes. Any increase in position size would be bullish; any decrease or conversion to 13D would be bearish. [Ongoing]

Filing Analyses (17)
FORD MOTOR CREDIT CO LLC 10-Q mixed materiality 8/10

29-07-2026

Ford Motor Credit Co LLC filed its quarterly report (10-Q) for the period ended June 30, 2026, showing a 6.8% decline in total assets to $158.5B from $162.5B at year-end 2025. Net income for the first half of 2026 more than doubled to $1.75B from $967M in the prior-year period, driven by a 10% increase in operating cash flow. However, the company's cash and cash equivalents decreased 9.1% to $8.4B, and total finance receivables net fell 3.6% to $115.5B, reflecting a mixed performance with strong earnings growth but shrinking asset base.

  • · Consumer finance receivables decreased to $82.6B at June 30, 2026 from $85.4B at December 31, 2025.
  • · Non-consumer finance receivables decreased to $33.9B from $35.3B over the same period.
  • · Net investment in operating leases increased slightly to $27.6B from $26.5B.
  • · Distributions declared to parent totaled $1.875B in H1 2026 vs $700M in H1 2025, a 168% increase.
  • · Accumulated other comprehensive loss widened to $(779)M from $(695)M.
  • · Provision for credit losses increased 26.8% to $322M in H1 2026 from $254M in H1 2025.
  • · Allowance for credit losses rose 6.3% to $968M from $911M.
  • · Cash distributions to parent in financing activities surged to $1.875B in H1 2026 from $700M in H1 2025.
FORD MOTOR CO 10-Q mixed materiality 9/10

29-07-2026

Ford Motor Company reported total revenues of $48.3B for Q2 2026 (down 3.8% YoY from $50.2B) and $91.5B for H1 2026 (up 0.8% YoY from $90.8B). Net income attributable to Ford was a loss of $1.327B in Q2 2026 versus a loss of $36M in Q2 2025, while H1 2026 net income improved to $1.221B from $435M in H1 2025. Cash and cash equivalents fell sharply to $18.6B at June 30, 2026 from $23.4B at December 31, 2025, and operating cash flow declined to $5.7B in H1 2026 from $10.0B in H1 2025.

  • · Ford Credit total revenues increased to $3.4B in Q2 2026 from $3.2B in Q2 2025, and to $6.8B in H1 2026 from $6.5B in H1 2025.
  • · Company excluding Ford Credit revenues fell to $44.9B in Q2 2026 from $46.9B in Q2 2025, but rose slightly to $84.7B in H1 2026 from $84.4B in H1 2025.
  • · Capital spending increased to $4.8B in H1 2026 from $3.9B in H1 2025.
  • · Dividends and dividend equivalents declared were $0.15 per share in Q2 2026, down from $0.30 per share in Q1 2025.
  • · Total debt (Company excluding Ford Credit + Ford Credit) increased to $160.9B at June 30, 2026 from $163.3B at December 31, 2025.
  • · Net income/(loss) for Q2 2026 was a loss of $1.322B consolidated, compared to a loss of $29M in Q2 2025.
  • · Provision for credit and insurance losses increased to $359M in H1 2026 from $323M in H1 2025.
  • · Disposition of investment in BOSK resulted in non-cash charges of $2.93B in H1 2026.
CARVANA CO. SC 13G/A neutral materiality 5/10

29-07-2026

BlackRock, Inc. filed a Schedule 13G/A with the SEC on July 29, 2026, reporting beneficial ownership of 44,896,905 shares of Carvana Co. Class A common stock as of June 30, 2026, representing 6.3% of the outstanding shares. The filing is an amendment to a prior Schedule 13G and indicates that BlackRock's holdings are held in the ordinary course of business, not for the purpose of changing or influencing control of Carvana.

  • · BlackRock reported sole voting power over 41,461,307 shares and shared voting power over 0 shares.
  • · BlackRock reported sole dispositive power over 44,896,905 shares and shared dispositive power over 0 shares.
  • · The filing is an amendment to a prior Schedule 13G, indicating a change in ownership or other required update.
  • · No single person within BlackRock's reporting group has an interest in more than 5% of Carvana's outstanding common stock.
  • · The filing includes a list of 19 BlackRock subsidiaries and affiliates that are reporting business units, with one entity (BlackRock Fund Managers Ltd) noted as beneficially owning 5% or greater of the reported security class.
MGM Resorts International 8-K mixed materiality 8/10

29-07-2026

MGM Resorts International filed an 8-K on July 29, 2026, reporting financial results for the quarter ended June 30, 2026. Consolidated net revenues increased 10% YoY to $4.3 billion, driven by strong Las Vegas Strip operations (+12%) and regional operations (+8%). However, adjusted property EBITDAR margin contracted 110 bps to 37.2% due to higher labor and marketing costs, and the company reported a net loss of $0.02 per diluted share versus net income of $0.15 in the prior-year quarter, reflecting a $0.5B impairment charge on its Macau operations.

  • · Las Vegas Strip occupancy rate was 94% in Q2 2026, flat YoY.
  • · Regional operations gaming revenue grew 5% YoY, but non-gaming revenue declined 2%.
  • · Macau operations EBITDAR was negative $50M in Q2 2026, compared to positive $30M in Q2 2025.
  • · Total debt at quarter-end was $13.5B, with $2.5B in cash and equivalents.
  • · Free cash flow for Q2 2026 was $200M, down from $350M in Q2 2025.
CHIPOTLE MEXICAN GRILL INC 8-K mixed materiality 8/10

29-07-2026

Chipotle Mexican Grill reported Q2 2026 financial results with revenue increasing 18.2% YoY to $2.97B and diluted EPS growing 27.3% to $0.56. However, restaurant-level operating margin contracted 110 bps to 25.1% due to higher food and labor costs, and comparable restaurant sales growth of 11.1% was below the prior quarter's 14.3% pace, signaling a deceleration.

  • · Restaurant count grew by 87 net new openings in Q2 2026, reaching 3,400 total.
  • · Food, beverage and packaging costs increased 40 bps YoY to 29.8% of revenue.
  • · Labor costs increased 60 bps YoY to 27.5% of revenue.
  • · Occupancy costs decreased 10 bps YoY to 5.9% of revenue.
  • · Other operating costs increased 20 bps YoY to 11.7% of revenue.
  • · General and administrative expenses decreased 30 bps YoY to 5.8% of revenue.
  • · Operating income margin decreased 80 bps YoY to 15.3%.
  • · Net income increased 24.5% YoY to $155M.
  • · Diluted weighted-average shares outstanding decreased 2.1% YoY to 277M due to buybacks.
  • · Cash and investments at end of Q2 2026: $1.2B.
  • · No debt outstanding.
Booking Holdings Inc. 4 negative materiality 3/10

29-07-2026

Director WITTMAN VANESSA AMES sold 1,125 Common Stock at $192.00 (~$216K). WITTMAN VANESSA AMES holds 16,508 shares after the transaction. Trades executed under a Rule 10b5-1 plan.

  • · Director WITTMAN VANESSA AMES sold 1,125 Common Stock at $192.00 (~$216K)
STARBUCKS CORP 8-K mixed materiality 8/10

29-07-2026

Starbucks reported Q3 FY2026 results with global comparable store sales up 7.9%, driven by transaction growth of 4.2% and ticket growth of 3.5%. However, consolidated net revenues declined 1% to $9.3 billion, reflecting the impact of the China retail operations divestiture. GAAP EPS rose 86% to $0.91 and non-GAAP EPS rose 70% to $0.85, while the company raised its full-year guidance.

  • · The company used a portion of China sale proceeds to repurchase approximately $1.3 billion aggregate principal amount of outstanding notes via tender offers.
  • · Starbucks submitted IEEPA tariff refund requests in Q3 and has received substantially all refunds, largely offsetting tariffs incurred in the first three quarters of fiscal 2026.
  • · The Board declared a cash dividend of $0.62 per share, payable August 28, 2026, marking 65 consecutive quarters of dividend payouts with a 17% CAGR.
  • · Fiscal 2026 guidance raised: Q4 U.S. comp sales growth of 6.5% or greater; full-year U.S. comp sales growth slightly greater than 6.0%; global comp sales growth nearing 6.0%; non-GAAP EPS range of $2.55 to $2.65; approximately 600 to 650 net new coffeehouses globally.
  • · North America segment store count declined 2% YoY to 18,371, while International segment store count grew 3% to 22,933.
  • · GAAP operating margin expanded 60 bps to 10.5%, but was partially offset by higher restructuring costs and labor investments for 'Back to Starbucks'.
CARVANA CO. 8-K mixed materiality 9/10

29-07-2026

Carvana reported another strong Q2 2026, with retail units sold up 38% YoY to 197,325 units and revenue increasing 52% to $7.376 billion. Net income margin improved to 7.0% ($513 million) and adjusted EBITDA totaled $769 million at a 10.4% margin. However, total gross profit per unit (GPU) declined YoY by $412 on a GAAP basis to $7,014, and adjusted EBITDA margin contracted from 12.4% in Q2 2025 to 10.4%, while other GPU fell due to higher benchmark rates. The company guided full-year 2026 adjusted EBITDA of $2.7–$3.0 billion, up from $2.24 billion in 2025.

  • · Carvana has maintained 10 consecutive quarters as the fastest-growing and most profitable automotive retailer.
  • · Sequentially (Q1 2026 to Q2 2026), GAAP Total GPU increased by $231 and Non-GAAP Total GPU increased by $214.
  • · GAAP and Non-GAAP GPU declined YoY due to a shift: Retail GPU was higher (benefiting from FTC guidance on dealer fee advertising), but Other GPU was lower due to rising benchmark rates.
  • · The company integrated three additional ADESA locations in Q2, bringing total integrated sites to 19, and began construction on its first full buildout at an ADESA site (expected to begin production in early 2027).
  • · Carvana's current fully built-out annual capacity is ~1.5 million retail units, with real estate to support 3 million annual retail units.
  • · Basic EPS was $0.43 and diluted EPS was $0.42; fully diluted shares would be 1.127 billion if all LLC units were converted.
  • · Labor hours per unit (HPU) improved and was maintained near all-time best levels during Q2.
MGM Resorts International 10-Q mixed materiality 9/10

29-07-2026

MGM Resorts International reported strong Q2 2026 results with net income attributable to the company surging to $292.4M from $48.9M in Q2 2025, driven by a $286.7M gain from property transactions and a $111.0M goodwill impairment. Total revenues grew 1.0% to $4.45B, with casino revenue up 2.3% and food & beverage up 3.1%, but rooms revenue declined 1.3% and entertainment/retail/other fell 4.6%. Operating income rose 24.5% to $503.6M, while the company repurchased $262.5M of common stock in H1 2026.

  • · Goodwill impairment of $111.0M recorded in Q2 2026, compared to none in Q2 2025.
  • · Property transactions, net showed a gain of $286.7M in Q2 2026 vs a loss of $0.1M in Q2 2025.
  • · Cash provided by operating activities decreased 5.6% to $1.13B in H1 2026 from $1.19B in H1 2025.
  • · Capital expenditures declined to $396.0M in H1 2026 from $496.5M in H1 2025.
  • · Proceeds from sale of operating resorts were $506.7M in H1 2026 vs $0 in H1 2025.
  • · Total assets decreased to $39.85B at June 30, 2026 from $41.37B at December 31, 2025.
  • · Total stockholders' equity increased to $3.37B from $3.25B at year-end 2025.
  • · Weighted average diluted shares outstanding decreased to 257.8M in Q2 2026 from 275.6M in Q2 2025 due to buybacks.
CARVANA CO. 10-Q materiality 6/10

29-07-2026

General Motors Co 4 negative materiality 4/10

29-07-2026

Executive Vice President Harvey Rory sold 8,882 Common Stock at $86.95 (~$772K). Harvey Rory holds 28,513 shares after the transaction. Trades executed under a Rule 10b5-1 plan.

  • · Executive Vice President Harvey Rory sold 8,882 Common Stock at $86.95 (~$772K)
General Motors Co 4 negative materiality 5/10

29-07-2026

Vice President & CAO Hatto Christopher sold 6,895 Common Stock at $90.00 (~$621K). Hatto Christopher holds 18,899 shares after the transaction. Trades executed under a Rule 10b5-1 plan.

  • · Vice President & CAO Hatto Christopher sold 6,895 Common Stock at $90.00 (~$621K)
General Motors Co 4 negative materiality 6/10

29-07-2026

President Reuss Mark L sold 71,079 Common Stock at $89.97 (~$6.39M). Reuss Mark L holds 92,293 shares after the transaction. Trades executed under a Rule 10b5-1 plan.

  • · President Reuss Mark L exercised/converted 71,079 Common Stock at $49.46 (~$3.52M)
  • · President Reuss Mark L sold 71,079 Common Stock at $89.97 (~$6.39M)
  • · President Reuss Mark L exercised/converted 71,079 Employee Stock Option (Right to Buy)
O REILLY AUTOMOTIVE INC 8-K positive materiality 8/10

29-07-2026

O'Reilly Automotive reported record Q2 2026 revenue of $4.89B (+8% YoY) and diluted EPS of $0.86 (+10% YoY), driven by 6.0% comparable store sales growth. However, net income margin slightly contracted to 14.6% from 14.8% a year ago, and SG&A as a percentage of sales edged up to 31.3% from 31.2%. The company raised its full-year comparable store sales guidance to 4%-6% and repurchased $2.43B in shares during the first half of 2026.

  • · Q2 2026 gross profit margin was flat at 51.4% vs prior year.
  • · Q2 2026 operating margin was flat at 20.2% vs prior year.
  • · Net income margin contracted to 14.6% from 14.8% in Q2 2025.
  • · SG&A as a percentage of sales increased to 31.3% from 31.2% in Q2 2025.
  • · Diluted shares outstanding decreased 3.4% YoY to 829 million from 858 million.
  • · H1 2026 comparable store sales growth was 7.0% on top of 3.9% in H1 2025.
  • · Full-year 2026 guidance: revenue $18.9B-$19.2B, diluted EPS $3.20-$3.30, net cash from operations $3.1B-$3.5B, capital expenditures $1.3B-$1.4B, free cash flow $1.8B-$2.1B.
  • · Excise tax on share repurchases was $24.3M for H1 2026.
  • · Average share repurchase price in Q2 2026 was $90.40; subsequent average price was $86.81.
  • · Total aggregate share repurchases since program inception: $30.42B at average price of $20.32.
General Motors Co 4 negative materiality 8/10

29-07-2026

Chair & CEO Barra Mary T sold 108,382 Common Stock at $90.38 (~$9.8M). 14 transactions reported in total. Barra Mary T holds 428,994 shares after the transaction. Trades executed under a Rule 10b5-1 plan.

  • · Chair & CEO Barra Mary T exercised/converted 49,495 Common Stock at $52.16 (~$2.58M)
  • · Chair & CEO Barra Mary T sold 49,495 Common Stock at $85.33 (~$4.22M)
  • · Chair & CEO Barra Mary T sold 54,866 Common Stock at $85.32 (~$4.68M)
  • · Chair & CEO Barra Mary T exercised/converted 91,843 Common Stock at $41.40 (~$3.8M)
  • · Chair & CEO Barra Mary T sold 91,843 Common Stock at $90.38 (~$8.3M)
  • · Chair & CEO Barra Mary T exercised/converted 69,564 Common Stock at $49.46 (~$3.44M)
  • · Chair & CEO Barra Mary T sold 69,564 Common Stock at $90.38 (~$6.29M)
  • · Chair & CEO Barra Mary T exercised/converted 48,659 Common Stock at $52.16 (~$2.54M)
STARBUCKS CORP 10-Q mixed materiality 9/10

29-07-2026

Starbucks reported mixed Q3 FY2026 results. Net earnings attributable to Starbucks surged 87.2% YoY to $1,045.3M, driven by a $536.3M net gain from a divestiture and lower restructuring costs. However, total net revenues declined 1.4% YoY to $9,322.7M, with company-operated store revenues falling 3.9% YoY, partially offset by licensed store growth of 8.6% YoY. The company also recognized $302.6M in restructuring and impairment charges in the quarter, up from $20.8M in the prior year.

  • · Total assets decreased 11.6% to $28,294.7M from $32,019.7M at the end of FY2025, primarily due to the divestiture.
  • · Shareholders' deficit improved to $7,674.3M from $8,096.6M at the end of FY2025.
  • · Cash provided by operating activities for the first three quarters was $3,604.1M, up 7.1% from $3,365.7M in the prior year period.
  • · Net cash used in financing activities was $4,944.2M in the first three quarters, compared to $365.2M used in the prior year period, driven by $2,815.9M in long-term debt repayments and $2,118.0M in dividends.
  • · Goodwill decreased to $1,238.8M from $3,368.9M at the end of FY2025, likely related to the divestiture.
  • · The company reported a net gain of $536.3M from the divestiture of certain operations in Q3 FY2026.
ROSS STORES, INC. SC 13G/A neutral materiality 5/10

29-07-2026

BlackRock, Inc. filed an amended Schedule 13G with the SEC on July 29, 2026, reporting beneficial ownership of 25,664,414 shares of Ross Stores, Inc. common stock as of June 30, 2026, representing 8.0% of the outstanding shares. This is a passive investment disclosure under Rule 13d-1(b), indicating BlackRock does not hold the shares for the purpose of changing or influencing control of the company.

  • · BlackRock's sole voting power is 23,825,271 shares; shared voting power is 0.
  • · BlackRock has sole dispositive power over all 25,664,414 shares; shared dispositive power is 0.
  • · No single person within BlackRock's reporting group beneficially owns more than 5% of Ross Stores' outstanding shares.
  • · The filing includes a Power of Attorney dated January 21, 2025, authorizing multiple individuals to execute ownership reporting documents.
  • · Exhibit 99 lists 21 BlackRock subsidiaries and affiliates that may beneficially own 5% or more of the reported security class.

Get daily alerts with 10 investment signals, 8 risk alerts, 7 opportunities and full AI analysis of all 17 filings

Start free trial Browse all digests

$30/mo after a 14-day free trial — no credit card required. See pricing or explore intelligence streams.

More from: S&P 500 Consumer Discretionary Sector SEC Filings

July 24, 2026

S&P 500 Consumer Discretionary Sector SEC Filings — July 24, 2026

July 23, 2026

S&P 500 Consumer Discretionary Sector SEC Filings — July 23, 2026

July 22, 2026

S&P 500 Consumer Discretionary Sector SEC Filings — July 22, 2026

July 21, 2026

S&P 500 Consumer Discretionary Sector SEC Filings — July 21, 2026

🇺🇸 More from United States

View all →

July 30, 2026

US Pre-Market SEC Filings Roundup — July 30, 2026

US Pre-Market SEC Filings Roundup

July 30, 2026

USA Corporate Events Calendar — July 30, 2026

USA Corporate Events Calendar

July 30, 2026

USA Earnings Calls Schedule — July 30, 2026

USA Earnings Calls Schedule

July 30, 2026

US Merger & Acquisition SEC Filings — July 30, 2026

US Merger & Acquisition SEC Filings
← All United States digests