Summary
Snowflake Inc. (SNOW) has filed an 8-K detailing an unauthorized disclosure of forward-looking statements made by an executive officer on the "theschoolofhardknockz" Instagram account. This officer is not authorized to provide financial disclosures on behalf of the company. Investors are advised not to rely on these statements. The company is reaffirming its previously issued revenue guidance for the third quarter and the full fiscal year 2026, which was originally provided on August 27, 2025, alongside the Q2 FY26 earnings release. This filing serves as a cautionary note to investors, emphasizing that the unauthorized statements do not supersede official company communications. Snowflake intends to release its Q3 FY26 financial results through its standard channels and in accordance with its usual practices. The company's approach to providing financial guidance remains consistent. Investors should continue to refer to official Snowflake investor relations communications for accurate and authorized information.
Key Highlights
- 1Unauthorized financial statements regarding future results were made by an executive officer on the "theschoolofhardknockz" Instagram account.
- 2The executive officer involved is not a designated spokesperson authorized to disclose financial information for Snowflake.
- 3Investors are explicitly advised not to rely on the statements made in the Instagram interview.
- 4Snowflake is reaffirming its previously issued revenue guidance for Q3 and full-year FY26.
- 5The reaffirmed guidance was originally provided on August 27, 2025, in conjunction with the Q2 FY25 earnings release.
- 6The company plans to release its Q3 FY26 financial results through its standard communication channels.
- 7Snowflake's philosophy and practices regarding financial guidance remain unchanged.