Quarterly ResultMay 18, 2026, 07:11 AM
Brady Reports Record Adjusted EPS in Q3, Raises FY26 Guidance
AI Summary
Brady Corporation reported strong fiscal 2026 third quarter financial results, achieving record adjusted diluted EPS and significant sales growth. The company also raised its full-year adjusted diluted EPS guidance, reflecting confidence in continued performance. Additionally, Brady announced an agreement to acquire Honeywell's Productivity Solutions and Services business, expanding its portfolio in identification solutions.
Key Highlights
- Fiscal 2026 third quarter sales increased 13.8% to $435.2 million.
- Organic sales grew 8.2% in the third quarter of fiscal 2026.
- Diluted EPS increased 11.0% to $1.21 in the third quarter of fiscal 2026.
- Adjusted Diluted EPS rose 23.0% to a record $1.50 in the third quarter of fiscal 2026.
- Net cash provided by operating activities increased to $78.2 million in Q3 fiscal 2026.
- Raised fiscal 2026 Adjusted Diluted EPS guidance to $5.20-$5.30 per share.
- Entered agreement to acquire Honeywell's Productivity Solutions and Services business, expected to close H2 2026.
- Reported a net cash position of $148.6 million as of April 30, 2026.
Price Impact
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