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A second earnings season in late August — here the fiscal year is a choice
Nvidia reported on Tuesday. Marvell and Gap both went on Thursday. That is a full earnings week, in the last days of August.
Marvell's release named the quarter that ended August 1. Nvidia called that same summer the second quarter of fiscal 2027. Gap called it the second quarter of fiscal 2026. Gap's 2026 and Nvidia's 2027 both end in late January 2027.
In the US a company picks its own fiscal year. Retailers landed on a year that closes in late January, after the holidays are done and the returns are counted. A number of technology companies ended up on that same January close. So their second quarter runs out in July, and the reports land at the end of August — long after the December-year companies wrapped up.
Most of the tickers filling the board this week are just the ones that happened to report.
Marvell put up record quarterly revenue and fell about eight percent, on one line of gross margin guidance. Nvidia cleared $96 billion and rose. Gap lifted its full-year outlook.
What these three don't share is an industry. They share a closing date.
How does it work where you are — does every company's year end on the same day, and does that make the season easier to follow or harder?
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