Upcoming Earnings Spotlight: Costco, Micron, and More Next Week
This article discusses the most anticipated earnings reports scheduled for the week of September 22, 2025, highlighting key companies and market expectations for investors and analysts.
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Financial Reports
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Jimmy Kimmel Denies 'Late Show' Losing $40 Million Annually
Jimmy Kimmel disputes reports that Stephen Colbert's The Late Show is losing CBS $40 million, calling such figures 'beyond nonsensical' and arguing that they overlook significant revenue sources like affiliate fees. He supports Colbert and criticizes the accuracy of the reported financial losses.
Disney to cease reporting streaming subscriber figures
Disney announced it will stop reporting subscriber numbers for its streaming services, citing that such figures are less meaningful for evaluating performance and aiming to better align with the changing media landscape, following Netflix's lead. Instead, Disney will focus on overall profitability in its streaming segment.
Super Micro Faces Uncertainty Amid Nasdaq Listing Concerns
Super Micro Computer CEO Charles Liang expressed confidence that the company's stock will not be delisted from Nasdaq, as they plan to file necessary financial reports by February. The company, which benefited from the AI infrastructure boom, faced a setback due to an auditing scandal involving Ernst & Young. Despite concerns over governance and internal controls, a special committee found no factual basis for EY's claims, though some lapses were identified. Super Micro collaborates with companies like Elon Musk's xAI on projects such as the "Colossus" supercomputer.
Super Micro Computer Faces Nasdaq Notice Amid Stock Surge
Super Micro Computer (SMCI) has received a non-compliance notice from Nasdaq for failing to timely file its annual and quarterly reports with the SEC. The company has submitted a compliance plan to address the issue and has also amended its loan agreement to increase financial flexibility. Analysts have a Hold consensus on SMCI stock, which has declined over 10% in the past year, but see potential upside based on current price targets.
Super Micro Faces Delisting Threat Amid Stock Slump
Super Micro Computer's stock dropped 6.3% after announcing it would miss the deadline for its quarterly 10-Q report, following the resignation of its auditor, Ernst & Young, due to concerns over management's financial representations. The company is also at risk of being delisted from Nasdaq for not filing its annual 10-K report. Despite earlier gains from AI trends, the stock is down 29% this year, and investor confidence is shaken by unaudited financial results.
MPS Superintendent Posley Resigns with $160K Severance Amid Community Outcry
Milwaukee Public Schools Superintendent Keith Posley resigned and will receive a $160,000 severance payment, along with any unpaid wages and accrued benefits. The resignation agreement prohibits Posley from filing claims against the board or seeking future employment with them, and requires his cooperation in any future litigation.
Milwaukee Schools Superintendent Resigns Amid Funding Crisis and Public Outcry
The superintendent of Milwaukee Public Schools, Keith Posley, has resigned amid the district's potential loss of millions in state and federal funding due to missed financial report deadlines and deficiencies in the Head Start program. The school board accepted his resignation following a public outcry over financial mismanagement and poor academic performance. Todd Gray has been hired as a financial consultant to help the district navigate the crisis.
Milwaukee Schools Face Funding Threat Amid Superintendent Uncertainty
The Milwaukee School Board may fire Superintendent Keith Posley on Monday due to the district's failure to submit key financial reports to state officials, which could result in significant reductions in state aid. The board will discuss Posley's employment and the district's financial situation in a closed-door meeting before possibly taking public action. The district faces potential funding suspensions and may need to rely more on local property taxes if state aid is reduced.
Red Lobster's 'Endless Shrimp' Promotion Sinks Chain with $11M Q3 Loss
Red Lobster, the iconic American seafood restaurant, reported an $11 million loss in the third quarter of 2023, with the company's CFO blaming their 'Endless Shrimp' promotion for the significant financial downfall. The all-you-can-eat shrimp deal, which allowed customers to indulge in unlimited shrimp for $20, attracted more diners than anticipated, leading to increased losses. Red Lobster has now increased the price of the promotion to $25 in an attempt to recover some of their losses. The company's yearly loss is predicted to be at least $20 million.
Royal Finances: Prince William's $7.5 Million Salary and King Charles' Rising Expenses
Prince William receives an annual salary of approximately $7.5 million from the Duchy of Cornwall, which funds his official, charitable, and private activities. The Duchy, established in 1337, provides income to the Duke of Cornwall and his family. Meanwhile, King Charles' household expenses rose by 5 percent, totaling $136 million, with a significant portion allocated to Buckingham Palace renovations and preparations for the queen's Platinum Jubilee and Charles' coronation. The capital expenditure doubled from the previous year due to timing of capital works, and the spending was covered by the Sovereign Grant and the king's reserve funds.
Evergrande to unveil debt restructuring plan on March 22.
China Evergrande Group plans to publish an offshore debt restructuring term sheet on Wednesday, paving the way for the world's most indebted property developer to restructure offshore debt of $22.7 billion as part of liabilities of more than $300 billion. Evergrande expects to sign a deal with general creditors by the end of March, with the restructuring to take effect from Oct 1. The firm also expects to release its overdue financial reports for 2021 and 2022 in April and May.