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● USDA raised its 2026/27 US crop forecast to a record 4.56 billion bushels.
● China reportedly inquired about buying US soft red winter wheat for delivery next year.
● The March 2027 contract settled at $538.70, leaving the curve in contango.
● Revenue fell slightly short of analyst forecasts.
● Shares fell anyway, a pattern seen in several names that day.
● Comparable-store sales grew during the quarter.
● The company raised both revenue and comp-sales guidance.
● Total revenue also increased during the quarter.
● The SEC closed an investigation into the company with no action.
● The company repurchased a large amount of its own shares.
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