Deals reshape third-quarter results: the week in earnings

Eight third-quarter reports in which acquisitions, divestitures and take-private deals shaped results, with most companies raising or reaffirming outlooks.

Nov 9, 2026 · News Today Lines newsroom

Portfolio changes ran through much of the week's third-quarter earnings. Keurig Dr Pepper's sales jump came largely from JDE Peet's, Thomson Reuters reset its outlook after selling a 51% stake in its Global Print business to KKR-advised accounts, Maple Leaf Foods attributed lower total earnings to its divested pork operations, and Utz Brands skipped guidance and its conference call ahead of its take-private deal with Intersnack Group.

Guidance was mostly steady or higher. DuPont, Xenia Hotels & Resorts and Marriott Vacations Worldwide raised full-year targets, Keurig Dr Pepper reaffirmed its outlook, and Maple Leaf Foods now expects to land around the bottom of its range. Delek US Holdings reported the week's largest earnings swing, citing higher crack spreads and EPA small refinery exemptions. Capital moves included DuPont's planned $250 million fourth-quarter buyback and convertible note, bond and securitization deals at Delek, Thomson Reuters and Marriott Vacations Worldwide.

Keurig Dr Pepper Inc.

Keurig Dr Pepper Reports Q3 Results and Reaffirms Guidance for 2026

Keurig Dr Pepper says Q3 net sales rose 70.6% to $7.34 billion, driven largely by the JDE Peet's acquisition, and adjusted diluted EPS rose 22.2% to $0.66, while legacy KDP net sales grew 8.6%. The company reaffirmed 2026 net sales guidance of $25.9-$26.4 billion and says it is working toward milestones for its planned separation into two companies.

Thomson Reuters

Thomson Reuters Reports Third-Quarter 2026 Results

Thomson Reuters says third-quarter revenues rose 10% to $1,833 million, while operating profit fell 22% and diluted EPS fell to $0.78, which it attributes mainly to a prior-year gain on the Elite business sale. Its updated 2026 outlook excludes Global Print, in which it sold a 51% stake to capital accounts advised by KKR on October 1, 2026, for about $500 million in gross proceeds.

Delek US Holdings, Inc.

Delek US Holdings Reports Third Quarter 2026 Results

Delek US Holdings reported Q3 net income attributable to Delek of $1,133.8 million, or $18.22 per diluted share, versus $178.0 million a year earlier, as benchmark crack spreads rose an average of 191.2%. EPA small refinery exemptions reduced Cost of materials and other by $334.7 million, and the Board approved a $0.300 per share dividend payable November 18, 2026.

Xenia Hotels & Resorts, Inc.

Xenia Hotels & Resorts Reports Third Quarter 2026 Results

Xenia Hotels & Resorts reported a Q3 net loss attributable to common stockholders of $2.7 million, narrowed from $13.7 million, with Adjusted EBITDAre up 26.0% to $53.2 million and Same-Property RevPAR up 12.5% to $184.75. The company raised full-year 2026 guidance to Adjusted EBITDAre of $278 million to $284 million, citing third quarter and October performance.

Utz Brands, Inc.

Utz Brands Reports Third Quarter 2026 Results

Utz Brands says Q3 Net Sales fell 2.3% to $369.2 million and its Net Loss widened to $32.1 million, citing inflation and a modestly weaker consumer, while Adjusted Gross Profit Margin declined 530bps to 27.2%. The company will not give 2026 guidance or hold a call because of its pending take-private transaction with Intersnack Group, which it expects to close in the fourth quarter of 2026.

Maple Leaf Foods Inc.

Maple Leaf Foods Reports Third Quarter 2026 Financial Results

Maple Leaf Foods says Q3 sales rose 2.4% to $1,034.7 million and Adjusted EBITDA rose 15.4% to $128.9 million, while total earnings fell to $22.3 million from $43.1 million due to forgone earnings from divested pork operations. It now expects 2026 Adjusted EBITDA around the bottom of its $520 million - $540 million outlook and approved a $0.21 quarterly dividend.

MARRIOTT VACATIONS WORLDWIDE Corp

Marriott Vacations Worldwide says Q3 contract sales rose 29% to $565 million and net income attributable to common stockholders was $82 million, versus a $2 million loss a year earlier. The company raised the midpoints of its 2026 contract sales and Adjusted EBITDA guidance to $2,130 million and $820 million, including an estimated $16 million adverse impact from Hurricane Lowell.

DuPont

DuPont Reports Third Quarter 2026 Results

DuPont reported Q3 net sales of $1,868 million, up 4%, and adjusted EPS of $2.09 versus $1.29, which it says exceeded its guidance. It raised full-year 2026 adjusted EPS guidance to $7.47 - $7.52 and announced its intent to repurchase $250 million of shares in the fourth quarter.

This roundup is written with AI assistance from the press releases listed above, using only what they state. The releases are the companies' own announcements, not News Today Lines reporting.