Earnings live updates: 'Grand Theft Auto VI' preorders hit 'unprecedented levels,' Take-Two CEO says Yahoo Finance Updated Tue, November 10, 2026 at 12:26 PM EST 1 min read TTWO +7.28% ^GSPC -0.82% QBTS -11.07% RGTI -5.93% CRWV -2.06% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
As the third quarter earnings season winds down, the strength of corporate results has been undeniable.
And there are still handfuls of companies that are reporting this week, from quantum computing companies D-Wave Quantum (QBTS) and Rigetti Computing (RGTI) to AI neocloud companies like CoreWeave (CRWV) to consumer facing companies like On Holdings (ONON).
According to FactSet data, approximately 88% of S&P 500 (^GSPC) companies have already reported Q3 earnings, with an overall earnings growth rate of 31.4%. If that rate holds, it will mark the third straight quarter of earnings growth above 25% for the index.
Follow along for live updates on this week's corporate results.
Shares of On Holding (ONON) fell during Tuesday's trading session after the sneaker giant posted its third quarter earnings, which showed its direct-to-consumer business came under pressure.
During the quarter, revenue for its direct-to-consumer business came in at 393.3 million Swiss francs (CHF), or approximately $475.9 million, below the 417 million CHF ($504 million) expected. Its wholesale business came in better than expected at 538 million CHF, more than the 517 million CHF expected.
"You know we always set an extremely high bar for ourselves and this quarter, we landed slightly below it," CFO Frank Sluis told investors on its earnings call.
He added, "Throughout our markets, we held full price discipline despite online traffic being a little softer in a promotional environment."
Overall, revenue came in line with estimates at 931 million Swiss francs (roughly $1.12 billion), while adjusted earnings came in at 0.54 CHF, higher than the expected 0.41 CHF. Jefferies analyst Randal Konik said "the quality of the quarter was weaker than it looks" in a note to clients.
Customers under 24, however, are turning to the specialty retailer, with the age group doubling year-over-year across both men and women.
The company reiterated its expectations for net sales of 3.47 billion francs to 3.56 billion francs.
The company also raised its outlook from at least 65% to around 60%, excluding tariff refunds, "reflecting our full price commitment, a higher direct-to-consumer share and the efficiencies that come with scale," Sluis said.
Take-Two Interactive (TTWO) stock jumped in extended trading as anticipation for next week's launch of "Grand Theft Auto VI" overshadowed mixed second quarter results.
"Pre-orders for Grand Theft Auto 6 are tracking far in excess of our initial expectations. And we know that the numbers will speak for themselves soon enough," CEO Strauss Zelnick said on the earnings call.
Zelnick also noted that as preorders for GTA VI reach "unprecedented levels, we expect to deliver an historic year for our company."
In the fiscal second quarter, Take-Two posted a loss of $0.29 per share on revenue of $1.5 billion. Wall Street analysts were looking for an $0.86 loss per share on $1.65 billion in revenue, according to S&P Global Market Intelligence.
The company reiterated its full-year outlook for net bookings of $8 billion to $8.2 billion. Revenue is expected at $7.98 billion to $8.18 billion.
