BRK-B · 10-Q · 2026Q2 · Full report

McLane Revenue and Margins

BERKSHIRE HATHAWAY INC · 2026-08-10 · Importance 54 · Surprise 40

McLane revenue declined 3.8% in the second quarter and 2.9% in the first six months of 2026 compared with 2025. First-half retail sales fell 8.9% because of lower volumes, net customer losses, and business-mix changes, while restaurant sales rose 7.4% from higher volumes and cost-based price increases. First-half pre-tax earnings declined $40 million, or 11.2%, reflecting lower overall gross margins, partly offset by higher other income and asset-sale gains.

Key facts

• McLane pre-tax earnings declined $3 million (1.7%) in the second quarter and $40 million (11.2%) in the first six months of 2026 relative to 2025. source
• McLane’s revenues declined 3.8% in the second quarter and 2.9% in the first six months of 2026 compared to 2025, primarily due to lower retail business sales (8.9% year-to-date), partially offset by increased restaurant sales (7.4% year-to-date) and gains from asset sales. source