S&P 500 Consumer Discretionary Sector SEC Filings — October 28, 2026

28-10-2026

Ford reported third-quarter 2026 revenue of $49.5B (down 2% YoY from $50.5B), net income of $2.0B (down from $2.4B), and adjusted EBIT of $2.7B (up 4% from $2.6B), with operating cash flow of $5.4B (down $2.0B YoY) and adjusted free cash flow of $4.7B (up from $4.3B). Results were mixed: Ford Blue EBIT fell 10%, Ford Pro EBIT fell 16%, and wholesale units declined 9%, while Ford Model e's EBIT loss narrowed 25% and Ford Credit's EBT rose 27%. Ford raised the low end of its full-year adjusted EBIT guidance to $10.5B-$11B and declared a 15-cent quarterly dividend.

• · Q4 regular dividend of $0.15 per share, payable Dec. 1 to holders of record Nov. 10
• · Ford ended Q3 with $25.3B cash and $46.4B liquidity
• · Ford Blue EBIT declined on product discontinuations, Middle East conflict impact, and higher commodity costs, partly offset by favorable mix
• · Ford Pro EBIT declined on higher commodities and temporary Super Duty launch costs at Oakville, partly offset by lower tariffs and favorable mix
• · Ford Credit EBT rise reflected favorable derivative mark-to-market, healthy financing margins, and supportive used vehicle pricing
• · Guidance assumes a 16.5M U.S. SAAR, about $2.5B YoY commodity headwinds, and U.S. industry pricing about 100 bps higher YoY
• · Guidance excludes a significant escalation of the Middle East conflict or a material U.S. economic downturn
• · Nine-month operating cash flow fell 36% to $11.1B and nine-month adjusted free cash flow fell 22% to $4.9B despite a 52% rise in adjusted EBIT

28-10-2026

Las Vegas Sands Corp. and its majority-owned subsidiary Sands China Ltd. announced on October 27, 2026 that Sands China has priced $700 million of 6.400% senior notes due 2032 and $300 million of 6.700% senior notes due 2033, totaling $1.0 billion in new debt. The announcement was made via press release attached as Exhibit 99.1; the filing itself discloses no financial results, operating metrics, or period-over-period comparisons.

• · The notes were issued by Sands China Ltd., the Company's majority-owned subsidiary, rather than by the parent Las Vegas Sands Corp.
• · The filing was made under Items 8.01 (Other Events) and 9.01 (Financial Statements and Exhibits), with the press release furnished as Exhibit 99.1.
• · Pricing terms were announced; the filing does not disclose the use of proceeds, issuance settlement date, or underwriters.

28-10-2026

People Incorporated (formerly IAC Inc.) filed Amendment No. 10 to its Schedule 13D, disclosing beneficial ownership of 66,822,350 shares of MGM Resorts International common stock, or approximately 26.5% of outstanding shares based on 251,592,756 shares outstanding as of July 27, 2026. The amendment reports no transactions by the reporting person in the past 60 days and discloses an October 27, 2026 Amendment No. 1 to the Voting Agreement with MGM and Barry Diller that sets a 29.9% beneficial ownership cap on further acquisitions and a 25.73% voting cap, with defined voting rules for stockholder votes and change-of-control transactions.

• · The Amendment bars Covered Entities from acquiring further MGM securities if that would push aggregate beneficial ownership above 29.9%, though increases from MGM's own buybacks do not breach so long as no further acquisitions are made above that level.
• · On change-of-control transactions, Covered Entities must follow the MGM Board's recommendation only if specified conditions are met, including third-party deal structure and equal consideration; otherwise no voting restrictions apply.
• · MGM agreed not to adopt a stockholder rights plan or other defensive measure primarily aimed at, or disproportionately adverse to, the Covered Entities while they comply with the Voting Agreement.
• · A change of control will not be deemed to occur from Covered Entities acquiring a majority of voting power unless the MGM Board specifically approves it as a change of control.
• · The filing reports no share transactions by the reporting person in the 60 days before the amendment and references Amendments No. 5 through No. 9 filed between December 2025 and September 2026.

28-10-2026

eBay reported Q3 2026 revenue of $3.2 billion, up 14% as reported (13% FX-neutral), and GMV of $23.2 billion, up 15% as reported (16% FX-neutral). GAAP EPS from continuing operations fell 13% year over year to $1.11, and GAAP net income declined 16% to $501 million, while non-GAAP EPS rose 12% to $1.51. Margins compressed: GAAP operating margin fell to 19.2% from 20.3% and non-GAAP to 26.3% from 27.0%. Management guided Q4 2026 GAAP EPS to $0.82-$0.87 and full-year FX-neutral revenue growth to 12-13%, including Depop.

• · GAAP operating margin fell to 19.2% from 20.3% and non-GAAP operating margin fell to 26.3% from 27.0%, indicating margin compression despite revenue growth
• · GAAP effective tax rate was 17.1% versus (4.3)% a year earlier, a major swing that depressed the GAAP-to-non-GAAP EPS gap comparison
• · Q4 2026 GAAP EPS guidance of $0.82-$0.87 and full-year GAAP EPS guidance of $4.26-$4.31 are well below the non-GAAP guidance, highlighting a wide GAAP/non-GAAP gap
• · Full-year 2026 FX-neutral revenue growth guided to 12-13% and FX-neutral GMV growth to 14%, with Q4 FX-neutral revenue growth of only 7-9%, suggesting deceleration in the back half
• · Quarterly dividend of $0.31 per share declared, payable December 18, 2026 to holders of record as of December 4, 2026
• · Depop acquisition ($1.4B cash) closed July 30, 2026, and is included in the outlook; the purchase price remains subject to finalization

28-10-2026

Carvana reported record Q3 2026 results, with retail units sold rising 39% YoY to 217,385 (industry roughly flat) and revenue up 42% to $8.040 billion. Net income reached $483 million (6.0% margin) and Adjusted EBITDA $800 million (10.0% margin), though the Adjusted EBITDA margin declined from 11.3% and Total GPU fell $365 YoY to $6,997 due to lower customer loan rates, lower wholesale GPU, and roughly $200 per unit of headwinds from fuel prices and rising interest rates. The company also announced it will shift to GAAP-based reporting and targets in 2027 and stop providing quarterly or annual financial outlooks beginning with the Q4 2026 call.

• · Q3 2026 Net income was reduced by a $53M loss on debt extinguishment from early redemption of 2030 Senior Secured Notes
• · Management estimates fuel prices and rising benchmark rates reduced unit economics by about $200 per unit in Q3 2026
• · Q3 2024 was boosted by about $250 per unit from loan sale timing and falling benchmark rates, a comparison that understates Carvana's underlying gains
• · Carvana has lowered customer loan rates by over 100 basis points relative to benchmarks since Q3 2024
• · Net Promoter Score rose 9 points over the last two years, with delivery times 2 days faster and twice the selection
• · Q4 2026 guidance calls for a sequential increase in retail units and Adjusted EBITDA at the high end of the $2.7-$3.0B range, conditioned on a stable environment
• · Carvana will stop providing quarterly and annual financial outlooks beginning with the Q4 2026 earnings call
• · Q3 2025 net income was reduced by $120M from changes in warrant fair value, making the 2025 comparison base distorted

28-10-2026

Ford Motor Company reported third-quarter 2026 revenue of $49.5 billion (down 2% YoY from $50.5 billion), net income of $2.0 billion (down from $2.4 billion), and adjusted EBIT of $2.7 billion (up 4% YoY). Adjusted EBIT guidance low end was raised to $10.5 billion-$11 billion, while wholesale units fell 9% YoY and Ford Blue and Ford Pro EBIT declined, offset by Ford Credit's 27% EBT increase. Management declared a $0.15 quarterly dividend.

• · Ford Model e revenue fell 31% YoY to $1.2B and EBIT loss narrowed 25% despite a segment EBIT margin of -86.5%
• · Ford Blue EBIT decline attributed to product discontinuations, Middle East conflict impacts, and higher commodity costs
• · Ford Pro EBIT decline attributed to higher commodities and temporary Super Duty launch costs at Oakville, partly offset by lower tariffs
• · Operating cash flow fell 27% YoY to $5.4B, while nine-month operating cash flow dropped $6.3B to $11.1B
• · Full-year guidance assumes $2.5B in commodity headwinds and excludes a significant Middle East escalation or U.S. economic downturn
• · Ford Model e full-year EBIT loss guidance is about $4B and Ford Blue full-year EBIT guidance about $5.5B

28-10-2026

Chipotle reported Q3 2026 total revenue up 9.6% YoY to $3.3 billion, with comparable restaurant sales up 2.1% and a third consecutive quarter of positive transaction growth. However, profitability declined: operating margin fell to 13.7% from 15.9%, restaurant-level operating margin to 23.3% from 24.5%, and diluted EPS to $0.27 from $0.29 (down 6.9%). Management maintained its 2026 comparable sales outlook of low single digits.

• · Labor costs rose to 25.7% of revenue from 25.2%, citing lower sales volumes, wage inflation, performance bonuses, promotional labor and higher insurance costs
• · General and administrative expenses rose 26.2% YoY to $185.2M, driven by stock-based compensation, performance bonuses and outside services for corporate initiatives
• · Effective tax rate rose to 25.6% from 23.1% due to higher nondeductible expenses and lower tax credits
• · Food, beverage and packaging costs improved to 29.5% of revenue from 30.0%, aided by menu price increases, tariff relief and favorable LTO mix, partly offset by beef and freight inflation
• · Digital sales reached 38.8% of food and beverage revenue, up from 36.7%
• · Management reiterated 2026 guidance for low single digit comparable sales growth and an underlying tax rate of 24% to 26%, and issued 2027 company-owned openings guidance of 340 to 360 in the U.S. and Canada

28-10-2026

O'Reilly Automotive reported record Q3 2026 revenue of $5.12 billion, up 9% YoY, with diluted EPS up 14% to $0.97, aided by a $39 million benefit from tariff refunds. Comparable store sales rose 7.2%, but net income grew only 8% and net margin slipped from 15.4% to 15.3% of sales, while SG&A held roughly flat as a percentage of sales. Management raised full-year 2026 comparable store sales, gross margin, and operating margin guidance.

• · Net margin declined slightly to 15.3% of sales from 15.4% a year ago, and nine-month net margin fell to 14.4% from 14.5%.
• · Q3 net income growth (8%) lagged diluted EPS growth (14%) and operating income growth (13%), with EPS helped by a 4.8% reduction in diluted share count.
• · Q3 gross margin and operating margin expansion was helped by a one-time $39 million tariff refund benefit, which management included in its guidance raise.
• · Share repurchase authorization remaining is approximately $727 million; year-to-date repurchases totaled $3.47 billion at an average price of $89.99 per share, above the $87.34 Q3 average.
• · Excise tax on share repurchases was $34.7 million for the nine months ended September 30, 2026.
• · Full-year 2026 guidance for capital expenditures ($1.3-1.4B) and operating cash flow ($3.2-3.6B) was provided alongside raised margin and comparable store sales targets.
• · Earnings conference call scheduled for Thursday, October 29, 2026, at 10:00 a.m. Central Time.