Market Diversification

Dragonfly Energy Cuts EBITDA Loss $3.0M in Q2, Buys Dakota Lithium

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Dragonfly Energy Cuts EBITDA Loss $3.0M in Q2, Buys Dakota Lithium

RENO – October 27, 2026 -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) narrowed its second-quarter Adjusted EBITDA loss to $1.6 million, a $3.0 million sequential improvement from the first quarter, as cost cuts took hold. Preliminary net sales of $13.2 million matched company guidance, and Adjusted EBITDA came in above it.

Cost cuts lift margins while sales fall

Gross profit was $4.3 million at a 33.0% gross margin, against $4.6 million and 28.3% in the comparison period. Lower battery and accessory unit volumes reduced gross profit, partly offset by a $1.1 million tariff refund booked in cost of sales. Operating expenses fell to $7.2 million from $7.9 million.

Malta, Trip.com Sign 2026–2029 Pact to Court Chinese Travelers

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Malta, Trip.com Sign 2026–2029 Pact to Court Chinese Travelers

Valletta – October 13, 2026 -- The Malta Tourism Authority and Trip.com Group signed a 2026–2029 Strategic Cooperation Memorandum of Understanding, as Malta plans to lift the share of arrivals from outside the EU to 40% within the next decade.

The signing took place on the sidelines of the 2026 WTTC Global Summit, held 7 to 9 October at the Mediterranean Conference Centre in Valletta. Malta's Minister for Tourism, Jo Etienne Abela, witnessed the agreement. Carlo Micallef, CEO of the Malta Tourism Authority, and Edison Chen, Vice President of Trip.com Group, led the talks.

THOR Industries FY2026 Net Sales Hit $9.61B Despite Margin Pressure

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THOR Industries FY2026 Net Sales Hit $9.61B Despite Margin Pressure

Elkhart, Ind. – September 22, 2026 -- THOR Industries reported fiscal 2026 net sales of $9.61 billion and net income attributable to THOR of $177.5 million, exceeding the high end of its guidance despite a prolonged downturn in the North American RV retail market.

Fourth-quarter net sales reached $2.31 billion as North American shipments fell sharply

THOR posted fourth-quarter net sales of $2.31 billion, net income attributable to THOR of $40.8 million and EBITDA of $130.0 million. Adjusted EBITDA came in at $131.7 million, excluding nonrecurring restructuring costs and investment gains. North American Towable RV net sales declined on a 19.7% drop in unit shipments, with fifth wheel shipments down 34.7%, while gross margin in that segment fell 280 basis points. North American Motorized net sales fell 10.4% on a 13.1% unit shipment decline, with gross margin down 600 basis points.